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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, May 5</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2857 up 0.0066</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 8.02 DEC22 HI 7.41 1/2</u></div>
<div><u> LOW 7.91 LOW 7.31 1/2</u></div>
<div><u> CLOSE7.97 1/2 Up 3 1/4 CLOSE 7.38 1/2 Up 2 1/4</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 9.53 374.98 1.40 8.79 345.85</u></div>
<div><u>CK High 1.65 9.63 378.92 1.45 8.84 347.82</u></div>
<div><u>CK Avg 1.63 -0.51 9.60 378.08 1.44 -0.53 8.82 347.26</u></div>
<div><u>Essex Cty 1.65 9.63 378.92 1.45 8.84 347.82</u></div>
<div><u>Mdsx Low 1.60 9.58 376.95 1.40 8.79 345.85</u></div>
<div><u>Mdsx High 1.70 9.68 380.89 1.45 8.84 347.82</u></div>
<div><u>Mdsx Avg 1.65 -0.49 9.63 378.92 1.43 -0.53 8.81 346.83</u></div>
<div><u>Hensall 1.67 9.64 379.58 1.47 8.85 348.47</u></div>
<div><u>Bruce 1.65 9.63 378.92 1.45 8.84 347.82</u></div>
<div><u>Putnam 1.65 9.63 378.92 1.45 8.84 347.82</u></div>
<div><u>Burford 1.60 9.58 376.95 1.40 8.79 345.85</u></div>
<div><u>Port Perry 1.45 9.43 371.05 1.25 8.64 339.94</u></div>
<div><u>Norfolk 1.65 9.63 378.92 1.45 8.84 347.82</u></div>
<div><u>Palmerston 1.50 9.48 373.01 1.38 8.77 345.06</u></div>
<div><u>Varna 1.65 9.63 378.92 1.45 8.84 347.82</u></div>
<div><u>Belmore 1.65 9.63 378.92 1.45 8.84 347.82</u></div>
<div><u>Trenton 1.55 9.53 374.98 1.40 8.79 345.85</u></div>
<div><u>Winchester 1.80 9.78 384.82 1.80 9.19 361.60</u></div>
<div><u>North Gower 1.70 9.68 380.89 1.65 9.04 355.69</u></div>
<div><u>Vankleek Hil 2.05 10.03 394.67 1.63 9.02 354.90</u></div>
<div><u>Huron FOB 1.65 1.70 1.73 1.78 9.63 378.92 1.45 8.84 347.82</u></div>
<div><u>Kent FOB 1.75 9.73 382.86 1.60 8.99 353.72</u></div>
<div><u>Lamb FOB 1.95 9.93 390.73 1.65 9.04 355.69</u></div>
<div><u>Mdsx FOB 1.70 1.75 1.85N/A 9.68 380.89 1.50 8.89 349.79</u></div>
<div><u>FOB SW Que 3.13 11.11 437.18N/A</u></div>
<div><u>Track 2.31 10.28 404.71N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.95 9.34 367.50</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 2.26 9.65 379.71</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 9.34 367.50</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.25 9.64 379.31</u></div>
<div><u>W O Feed 2.36 10.34 407.03</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.48 10.46 411.60</u></div>
<div><u>Toledo El. -0.32 7.65 301.30 -0.32 7.06 278.08</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.94 351.76</u></div>
<div><u>Prescott 2.50 10.48 412.38 2.21 9.60 377.74</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 8.83 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2857 up 0.0066</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 16.67 NOV22 HI 15.06 3/4</u></div>
<div><u> LOW 16.40 LOW 14.83 3/4</u></div>
<div><u> CLOSE16.47 Up 6 1/2 CLOSE 14.91 3/4 Up 5 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 4.54 21.01 771.99 3.54 18.46 678.20</u></div>
<div><u>CK High 4.60 21.07 774.19 3.60 18.52 680.40</u></div>
<div><u>CK Average 4.56 -0.12 21.03 772.56 3.56 -0.55 18.48 679.04</u></div>
<div><u>Essex Cty 4.55 21.02 772.35 3.55 18.47 678.56</u></div>
<div><u>Mdsx Low 4.55 21.02 772.35 3.55 18.47 678.56</u></div>
<div><u>Mdsx High 4.60 21.07 774.19 3.65 18.57 682.24</u></div>
<div><u>Mdsx Average4.57 -0.11 21.04 772.97 3.58 -0.53 18.50 679.79</u></div>
<div><u>Hensall 4.58 21.05 773.58 3.63 18.55 681.63</u></div>
<div><u>Bruce 4.55 21.02 772.35 3.55 18.47 678.56</u></div>
<div><u>Putnam 4.55 21.02 772.35 3.60 18.52 680.40</u></div>
<div><u>Burford 4.61 21.08 774.56 3.61 18.53 680.77</u></div>
<div><u>Port Perry 4.46 20.93 769.05 3.46 18.38 675.26</u></div>
<div><u>Norfolk 4.55 21.02 772.35 3.60 18.52 680.40</u></div>
<div><u>Palmerston 4.70 21.17 777.86 3.74 18.66 685.55</u></div>
<div><u>Varna 4.65 21.12 776.03 3.70 18.62 684.08</u></div>
<div><u>Trenton 4.55 21.02 772.35 3.65 18.57 682.24</u></div>
<div><u>Winchester 4.40 20.87 766.84 3.70 18.62 684.08</u></div>
<div><u>North Gower 4.35 20.82 765.00 3.60 18.52 680.40</u></div>
<div><u>Vankleek Hil4.40 20.87 766.84 3.58 18.50 679.67</u></div>
<div><u>Huron FOB 4.59 4.69 4.76 4.92 21.06 773.82 3.66 18.58 682.61</u></div>
<div><u>Kent FOB 4.75 21.22 779.70 3.55 18.47 678.56</u></div>
<div><u>Lambton FOB 4.77 21.24 780.44 N/A</u></div>
<div><u>Mdsx FOB 4.85 4.91 4.91 N/A 21.32 783.38 3.76 18.68 686.28</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.29 21.76 799.54 4.00 18.92 695.10</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.20 21.67 796.24 4.20 19.12 702.45</u></div>
<div><u>Prescott N/A 4.07 18.99 697.67</u></div>
<div><u>Port Colborn N/A 3.89 18.81 691.06</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.06 16.41 602.81 -0.45 14.47 531.59</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2857 up 0.0066</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>JUL22 HI 11.21 3/4 SEP22 HI 11.20 1/2</u></div>
<div><u> LOW 10.77 1/4 LOW 10.79 1/2</u></div>
<div><u> CLOSE 11.06 1/2 Up 30 CLOSE 11.07 1/4 Up 28</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed higher.</u></div>
<div><u>JUL22 HI 12.10 1/2 SEP22 HI 12.06 3/4</u></div>
<div><u> LOW 11.76 1/4 LOW 11.71 1/4</u></div>
<div><u> CLOSE 12.09 3/4 Up 32 1/2 CLOSE 12.06 Up 33 3/4</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 2.21 2.53 1.96 N/A 2.97 2.52 2.14 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 2.40 1.95 2.67 N/A 2.78 2.33 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 2.21 2.53 1.96 1.57 2.97 2.52 2.14 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 2.67</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.41 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 3.18 N/A N/A N/A 3.17 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.67US 13.72CA 10.86US 13.97CA</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 665.70</u></div>
<div><u>DDG's FOB Srn & Aylm 410.00</u></div>
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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: 10pt; font-family: "Courier New";">Blair Andrews<o:p style=""> </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>
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<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
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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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