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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 4</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2791 down 0.0072</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 8.03 3/4 DEC22 HI 7.43 1/4</u></div>
<div><u> LOW 7.89 1/2 LOW 7.27 1/4</u></div>
<div><u> CLOSE7.94 1/4 Up 1 1/4 CLOSE 7.36 1/4 Up 1</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +JUL22+JUL22+JUL22</u></div>
<div><u>CK Low 1.55 9.49 373.70 1.40 8.76 344.96</u></div>
<div><u>CK High 1.65 9.59 377.64 1.45 8.81 346.93</u></div>
<div><u>CK Avg 1.63 -0.46 9.57 376.80 1.44 -0.48 8.80 346.37</u></div>
<div><u>Essex Cty 1.65 9.59 377.64 1.45 8.81 346.93</u></div>
<div><u>Mdsx Low 1.60 9.54 375.67 1.40 8.76 344.96</u></div>
<div><u>Mdsx High 1.65 9.59 377.64 1.45 8.81 346.93</u></div>
<div><u>Mdsx Avg 1.63 -0.46 9.58 376.98 1.43 -0.49 8.79 345.95</u></div>
<div><u>Hensall 1.67 9.61 378.30 1.47 8.83 347.59</u></div>
<div><u>Bruce 1.65 9.59 377.64 1.45 8.81 346.93</u></div>
<div><u>Putnam 1.65 9.59 377.64 1.45 8.81 346.93</u></div>
<div><u>Burford 1.60 9.54 375.67 1.40 8.76 344.96</u></div>
<div><u>Port Perry 1.45 9.39 369.77 1.25 8.61 339.06</u></div>
<div><u>Norfolk 1.65 9.59 377.64 1.45 8.81 346.93</u></div>
<div><u>Palmerston 1.45 9.39 369.77 1.29 8.65 340.63</u></div>
<div><u>Varna 1.65 9.59 377.64 1.45 8.81 346.93</u></div>
<div><u>Belmore 1.65 9.59 377.64 1.45 8.81 346.93</u></div>
<div><u>Trenton 1.55 9.49 373.70 1.40 8.76 344.96</u></div>
<div><u>Winchester 1.80 9.74 383.55 1.80 9.16 360.71</u></div>
<div><u>North Gower 1.70 9.64 379.61 1.65 9.01 354.81</u></div>
<div><u>Vankleek Hil 2.13 10.07 396.54 1.68 9.04 355.99</u></div>
<div><u>Huron FOB 1.65 1.70 1.79 1.84 9.59 377.64 1.45 8.81 346.93</u></div>
<div><u>Kent FOB 1.75 9.69 381.58 1.60 8.96 352.84</u></div>
<div><u>Lamb FOB 1.95 9.89 389.45 1.65 9.01 354.81</u></div>
<div><u>Mdsx FOB 1.70 1.75 1.85N/A 9.64 379.61 1.55 8.91 350.87</u></div>
<div><u>FOB SW Que 3.07 11.01 433.54N/A</u></div>
<div><u>Track 2.25 10.19 401.06N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.88 9.24 363.86</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 2.06 9.42 370.95</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.95 9.31 366.62</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.25 9.61 378.43</u></div>
<div><u>W O Feed 2.29 10.23 402.68</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.42 10.36 407.95</u></div>
<div><u>Toledo El. -0.32 7.62 300.09 -0.32 7.04 277.26</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.91 350.87</u></div>
<div><u>Prescott 2.59 10.53 414.65 2.27 9.63 379.21</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 8.81 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2791 down 0.0072</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 16.44 1/2 NOV22 HI 14.91</u></div>
<div><u> LOW 16.22 LOW 14.67 3/4</u></div>
<div><u> CLOSE16.40 1/2 Up 10 CLOSE 14.86 1/2 Up 8 1/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +JUL22+JUL22+SEP22</u></div>
<div><u>CK Low 4.59 21.00 771.43 3.60 18.47 678.47</u></div>
<div><u>CK High 4.70 21.11 775.48 3.75 18.62 683.98</u></div>
<div><u>CK Average 4.61 0.03 21.02 772.27 3.62 -0.41 18.49 679.36</u></div>
<div><u>Essex Cty 4.60 21.01 771.80 3.60 18.47 678.47</u></div>
<div><u>Mdsx Low 4.60 21.01 771.80 3.60 18.47 678.47</u></div>
<div><u>Mdsx High 4.70 21.11 775.48 3.75 18.62 683.98</u></div>
<div><u>Mdsx Average4.63 0.04 21.04 773.03 3.66 -0.38 18.53 680.68</u></div>
<div><u>Hensall 4.67 21.07 774.25 3.70 18.57 682.15</u></div>
<div><u>Bruce 4.65 21.06 773.64 3.65 18.52 680.31</u></div>
<div><u>Putnam 4.60 21.01 771.80 3.60 18.47 678.47</u></div>
<div><u>Burford 4.66 21.07 774.01 3.69 18.56 681.78</u></div>
<div><u>Port Perry 4.51 20.92 768.49 3.54 18.41 676.27</u></div>
<div><u>Norfolk 4.60 21.01 771.80 3.65 18.52 680.31</u></div>
<div><u>Palmerston 4.58 20.99 771.07 3.65 18.52 680.31</u></div>
<div><u>Varna 4.65 21.06 773.64 3.70 18.57 682.15</u></div>
<div><u>Trenton 4.65 21.06 773.64 3.70 18.57 682.15</u></div>
<div><u>Winchester 4.40 20.81 764.45 3.70 18.57 682.15</u></div>
<div><u>North Gower 4.35 20.76 762.62 3.60 18.47 678.47</u></div>
<div><u>Vankleek Hil4.47 20.88 767.02 3.64 18.51 679.94</u></div>
<div><u>Huron FOB 4.62 4.72 4.78 4.96 21.03 772.54 3.60 18.47 678.47</u></div>
<div><u>Kent FOB 4.80 21.21 779.15 3.60 18.47 678.47</u></div>
<div><u>Lambton FOB 4.77 21.18 778.05 N/A</u></div>
<div><u>Mdsx FOB 4.89 4.96 4.96 N/A 21.30 782.46 3.86 18.73 688.03</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.25 21.66 795.69 3.96 18.83 691.70</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.25 21.66 795.69 4.25 19.12 702.36</u></div>
<div><u>Prescott N/A 4.02 18.89 693.90</u></div>
<div><u>Port Colborn N/A 3.98 18.85 692.44</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.06 16.34 600.43 -0.45 14.42 529.75</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2791 down 0.0072</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>JUL22 HI 10.89 SEP22 HI 10.90 1/2</u></div>
<div><u> LOW 10.42 1/4 LOW 10.46</u></div>
<div><u> CLOSE 10.76 1/2 Up 31 CLOSE 10.79 1/4 Up 29 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher to higher.</u></div>
<div><u>JUL22 HI 11.83 SEP22 HI 11.78</u></div>
<div><u> LOW 11.54 3/4 LOW 11.47 1/2</u></div>
<div><u> CLOSE 11.77 1/4 Up 21 3/4 CLOSE 11.72 1/4 Up 24 1/4</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2021 Harvest 2022</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A N/A N/A N/A N/A 2.10 N/A</u></div>
<div><u>London 2.20 2.52 1.95 N/A 2.97 2.52 2.13 N/A</u></div>
<div><u>Hensall 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 2.10 N/A</u></div>
<div><u>Bruce N/A N/A 1.80 N/A 3.00 2.45 2.10 1.30</u></div>
<div><u>Essex N/A N/A 1.85 N/A N/A N/A 2.10 N/A</u></div>
<div><u>Norwich 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A N/A 2.10 N/A</u></div>
<div><u>Kent Bridge 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A</u></div>
<div><u>Chatham N/A N/A 1.85 N/A N/A N/A 2.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.85 N/A N/A N/A 2.10 N/A</u></div>
<div><u>Palmerston N/A 2.25 1.81 2.52 N/A 2.65 2.20 N/A</u></div>
<div><u>Varna 2.10 2.60 1.85 N/A 3.00 2.45 2.10 N/A</u></div>
<div><u>Mitchell 1.80 2.50 1.80 N/A 3.10 2.45 2.10 N/A</u></div>
<div><u>Thornton 2.20 2.52 1.95 1.58 2.97 2.52 2.13 N/A</u></div>
<div><u>North Gower N/A N/A N/A N/A N/A N/A 1.95 N/A</u></div>
<div><u>W O Feed 2.54</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.40 N/A N/A N/A 2.53 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 3.04 N/A N/A N/A 3.01 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.36US 13.25CA 10.56US 13.51CA</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 663.82</u></div>
<div><u>DDG's FOB Srn & Aylm 410.00</u></div>
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<br>
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<p class="MsoNoSpacing" style="margin:0in 0in 0.0001pt;font-size:11pt;font-family:Calibri, "sans-serif"">
<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </o:p></span></p>
<p class="MsoNoSpacing" style="margin:0in 0in 0.0001pt;font-size:11pt;font-family:Calibri, "sans-serif"">
<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<o:p> </o:p></span></p>
<p class="MsoNoSpacing" style="margin:0in 0in 0.0001pt;font-size:11pt;font-family:Calibri, "sans-serif"">
<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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