<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);" class="elementToProof">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 9</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);" class="elementToProof">
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2998 up 0.0090</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.85 DEC22 HI 7.19 1/2</u></div>
<div><u> LOW 7.69 LOW 7.03 3/4</u></div>
<div><u> CLOSE7.72 Down 12 3/4 CLOSE 7.10 3/4 Down 10</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 9.27 364.94 1.40 8.51 334.93</u></div>
<div><u>CK High 1.65 9.37 368.88 1.45 8.56 336.89</u></div>
<div><u>CK Avg 1.63 -0.53 9.35 368.04 1.44 -0.53 8.54 336.33</u></div>
<div><u>Essex Cty 1.65 9.37 368.88 1.45 8.56 336.89</u></div>
<div><u>Mdsx Low 1.60 9.32 366.91 1.40 8.51 334.93</u></div>
<div><u>Mdsx High 1.65 9.37 368.88 1.45 8.56 336.89</u></div>
<div><u>Mdsx Avg 1.63 -0.52 9.35 368.22 1.43 -0.54 8.53 335.91</u></div>
<div><u>Hensall 1.67 9.39 369.54 1.47 8.57 337.55</u></div>
<div><u>Bruce 1.65 9.37 368.88 1.45 8.56 336.89</u></div>
<div><u>Putnam 1.65 9.37 368.88 1.45 8.56 336.89</u></div>
<div><u>Burford 1.60 9.32 366.91 1.40 8.51 334.93</u></div>
<div><u>Port Perry 1.45 9.17 361.01 1.25 8.36 329.02</u></div>
<div><u>Norfolk 1.65 9.37 368.88 1.45 8.56 336.89</u></div>
<div><u>Palmerston 1.66 9.38 369.27 1.55 8.66 340.83</u></div>
<div><u>Varna 1.65 9.37 368.88 1.45 8.56 336.89</u></div>
<div><u>Belmore 1.65 9.37 368.88 1.45 8.56 336.89</u></div>
<div><u>Trenton 1.55 9.27 364.94 1.45 8.56 336.89</u></div>
<div><u>Winchester 1.80 9.52 374.79 1.80 8.91 350.67</u></div>
<div><u>North Gower 1.75 9.47 372.82 1.70 8.81 346.74</u></div>
<div><u>Vankleek Hil 2.08 9.80 385.81 1.62 8.73 343.59</u></div>
<div><u>Huron FOB 1.65 1.70 1.81 1.86 9.37 368.88 1.45 8.56 336.89</u></div>
<div><u>Kent FOB 1.75 9.47 372.82 1.60 8.71 342.80</u></div>
<div><u>Lamb FOB 1.95 9.67 380.69 1.65 8.76 344.77</u></div>
<div><u>Mdsx FOB 1.70 1.75 1.80N/A 9.42 370.85 1.55 8.66 340.83</u></div>
<div><u>FOB SW Que 3.06 10.78 424.39N/A</u></div>
<div><u>Track 2.34 10.06 395.85N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.89 9.00 354.22</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 2.27 9.38 369.18</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 9.06 356.58</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.25 9.36 368.39</u></div>
<div><u>W O Feed 2.38 10.10 397.42</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.51 10.23 402.74</u></div>
<div><u>Toledo El. -0.32 7.40 291.13 -0.32 6.78 267.02</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.66 340.83</u></div>
<div><u>Prescott 2.53 10.25 403.52 2.20 9.31 366.42</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 8.55 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2998 up 0.0090</u></div>
<div><u>Chicago soybeans closed moderately lower to lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 16.26 NOV22 HI 14.72 1/4</u></div>
<div><u> LOW 15.78 LOW 14.38 1/4</u></div>
<div><u> CLOSE15.85 1/4 Down 36 3/4 CLOSE 14.46 3/4 Down 24</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 4.55 20.40 749.66 3.60 18.07 663.87</u></div>
<div><u>CK High 4.65 20.50 753.34 3.65 18.12 665.70</u></div>
<div><u>CK Average 4.63 -0.10 20.48 752.55 3.63 -0.54 18.10 665.07</u></div>
<div><u>Essex Cty 4.65 20.50 753.34 3.65 18.12 665.70</u></div>
<div><u>Mdsx Low 4.60 20.45 751.50 3.60 18.07 663.87</u></div>
<div><u>Mdsx High 4.66 20.51 753.71 3.65 18.12 665.70</u></div>
<div><u>Mdsx Average4.64 -0.09 20.49 752.85 3.63 -0.54 18.10 664.97</u></div>
<div><u>Hensall 4.62 20.47 752.11 3.67 18.13 666.32</u></div>
<div><u>Bruce 4.60 20.45 751.50 3.65 18.12 665.70</u></div>
<div><u>Putnam 4.65 20.50 753.34 3.70 18.17 667.54</u></div>
<div><u>Burford 4.72 20.57 755.91 3.70 18.17 667.54</u></div>
<div><u>Port Perry 4.57 20.42 750.40 3.55 18.02 662.03</u></div>
<div><u>Norfolk 4.65 20.50 753.34 3.70 18.17 667.54</u></div>
<div><u>Palmerston 4.62 20.47 752.24 3.68 18.15 666.81</u></div>
<div><u>Varna 4.60 20.45 751.50 3.65 18.12 665.70</u></div>
<div><u>Trenton 4.60 20.45 751.50 3.70 18.17 667.54</u></div>
<div><u>Winchester 4.54 20.39 749.30 3.60 18.07 663.87</u></div>
<div><u>North Gower 4.40 20.25 744.15 3.65 18.12 665.70</u></div>
<div><u>Vankleek Hil4.41 20.26 744.52 3.59 18.06 663.50</u></div>
<div><u>Huron FOB 4.68 4.78 4.84 5.01 20.53 754.44 3.65 18.12 665.70</u></div>
<div><u>Kent FOB 4.85 20.70 760.69 3.65 18.12 665.70</u></div>
<div><u>Lambton FOB 4.80 20.65 758.85 N/A</u></div>
<div><u>Mdsx FOB 4.96 5.02 5.02 N/A 20.81 764.73 3.87 18.34 673.79</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.33 21.18 778.32 4.08 18.55 681.50</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.30 21.15 777.22 4.30 18.77 689.59</u></div>
<div><u>Prescott N/A 4.08 18.55 681.50</u></div>
<div><u>Port Colborn N/A 4.00 18.47 678.56</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.06 15.79 580.09 -0.45 14.01 514.87</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2998 up 0.0090</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>JUL22 HI 11.35 SEP22 HI 11.35</u></div>
<div><u> LOW 10.90 LOW 10.92 1/4</u></div>
<div><u> CLOSE 10.92 3/4 Down 15 3/4 CLOSE 10.95 1/2 Down 14 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>JUL22 HI 12.34 3/4 SEP22 HI 12.31 1/4</u></div>
<div><u> LOW 12.02 1/2 LOW 12.00</u></div>
<div><u> CLOSE 12.06 3/4 Down 2 CLOSE 12.04 3/4 Down 1 1/2</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 2.42 2.74 2.16 N/A 3.16 2.71 2.32 N/A</u></div>
<div><u>Hensall 1.85 N/A 1.85 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 1.85 N/A 1.85 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 1.85 N/A 1.85 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 2.51 2.05 2.84 N/A 2.91 2.45 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 1.85 2.55 1.85 N/A 3.10 2.45 2.10 N/A</u></div>
<div><u>Thornton 2.42 2.74 2.16 1.66 3.16 2.71 2.32 N/A</u></div>
<div><u>North Gower N/A N/A N/A N/A N/A N/A 2.05 N/A</u></div>
<div><u>W O Feed 2.82</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.62 N/A N/A N/A 2.71 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 3.32 N/A N/A N/A 3.28 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.53US 13.68CA 10.73US 13.94CA</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 640.23</u></div>
<div><u>DDG's FOB Srn & Aylm 410.00 - 415.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div>
<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>
<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"">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>
<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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><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"">Tel. 519-674-1500 x 63577
<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: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"><span style="color:#333333"> </span></span></span><span class="object"><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario</span></span><o:p style=""> </o:p></p>
<br>
</div>
<u><br>
</u></div>
<div>
<div id="Signature">
<div>
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<p style="margin-top:0px; margin-bottom:0px"></p>
<p style="margin-top:0px; margin-bottom:0px" class="elementToProof"><br>
</p>
</div>
</div>
</div>
</div>
</body>
</html>