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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 11</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2974 down 0.0049</u></div>
<div><u>Chicago corn closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.90 1/2 DEC22 HI 7.36 1/4</u></div>
<div><u> LOW 7.75 1/2 LOW 7.19</u></div>
<div><u> CLOSE7.88 1/2 Up 13 1/4 CLOSE 7.35 3/4 Up 16 3/4</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 9.44 371.44 1.45 8.81 346.74</u></div>
<div><u>CK High 1.65 9.54 375.38 1.45 8.81 346.74</u></div>
<div><u>CK Avg 1.64 -0.55 9.52 374.81 1.45 -0.57 8.81 346.74</u></div>
<div><u>Essex Cty 1.65 9.54 375.38 1.45 8.81 346.74</u></div>
<div><u>Mdsx Low 1.65 9.54 375.38 1.45 8.81 346.74</u></div>
<div><u>Mdsx High 1.65 9.54 375.38 1.45 8.81 346.74</u></div>
<div><u>Mdsx Avg 1.65 -0.54 9.54 375.38 1.45 -0.57 8.81 346.74</u></div>
<div><u>Hensall 1.70 9.59 377.34 1.50 8.86 348.70</u></div>
<div><u>Bruce 1.70 9.59 377.34 1.50 8.86 348.70</u></div>
<div><u>Putnam 1.65 9.54 375.38 1.45 8.81 346.74</u></div>
<div><u>Burford 1.65 9.54 375.38 1.45 8.81 346.74</u></div>
<div><u>Port Perry 1.45 9.34 367.50 1.25 8.61 338.86</u></div>
<div><u>Norfolk 1.65 9.54 375.38 1.45 8.81 346.74</u></div>
<div><u>Palmerston 1.71 9.60 377.74 1.55 8.91 350.67</u></div>
<div><u>Varna 1.65 9.54 375.38 1.45 8.81 346.74</u></div>
<div><u>Belmore 1.65 9.54 375.38 1.45 8.81 346.74</u></div>
<div><u>Trenton 1.55 9.44 371.44 1.45 8.81 346.74</u></div>
<div><u>Winchester 1.80 9.69 381.28 1.80 9.16 360.51</u></div>
<div><u>North Gower 1.75 9.64 379.31 1.70 9.06 356.58</u></div>
<div><u>Vankleek Hil 2.11 10.00 393.49 1.69 9.05 356.18</u></div>
<div><u>Huron FOB 1.70 1.75 1.82 1.88 9.59 377.34 1.50 8.86 348.70</u></div>
<div><u>Kent FOB 1.75 9.64 379.31 1.60 8.96 352.64</u></div>
<div><u>Lamb FOB 2.02 9.91 389.94 1.73 9.09 357.76</u></div>
<div><u>Mdsx FOB 1.75 1.80 1.90N/A 9.64 379.31 1.60 8.96 352.64</u></div>
<div><u>FOB SW Que 3.00 10.89 428.52N/A</u></div>
<div><u>Track 2.38 10.26 403.92N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.99 9.35 367.99</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 2.37 9.73 382.95</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 2.00 9.36 368.39</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.30 9.66 380.20</u></div>
<div><u>W O Feed 2.42 10.30 405.49</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.55 10.44 410.81</u></div>
<div><u>Toledo El. -0.32 7.56 297.65 -0.32 7.03 276.88</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.91 350.67</u></div>
<div><u>Prescott 2.57 10.46 411.60 2.28 9.64 379.41</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 8.80 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 1.2974 down 0.0049</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 16.15 NOV22 HI 14.79 1/2</u></div>
<div><u> LOW 15.87 1/2 LOW 14.52 3/4</u></div>
<div><u> CLOSE16.06 3/4 Up 14 1/2 CLOSE 14.72 1/4 Up 17 1/2</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 4.65 20.72 761.24 3.65 18.37 675.07</u></div>
<div><u>CK High 4.80 20.87 766.75 3.80 18.52 680.59</u></div>
<div><u>CK Average 4.74 -0.03 20.81 764.65 3.73 -0.50 18.45 677.96</u></div>
<div><u>Essex Cty 4.80 20.87 766.75 3.80 18.52 680.59</u></div>
<div><u>Mdsx Low 4.60 20.67 759.40 3.60 18.32 673.24</u></div>
<div><u>Mdsx High 4.80 20.87 766.75 3.80 18.52 680.59</u></div>
<div><u>Mdsx Average4.71 -0.06 20.77 763.32 3.71 -0.51 18.44 677.40</u></div>
<div><u>Hensall 4.75 20.82 764.91 3.75 18.47 678.75</u></div>
<div><u>Bruce 4.75 20.82 764.91 3.75 18.47 678.75</u></div>
<div><u>Putnam 4.75 20.82 764.91 3.75 18.47 678.75</u></div>
<div><u>Burford 4.78 20.85 766.01 3.80 18.52 680.59</u></div>
<div><u>Port Perry 4.63 20.70 760.50 3.65 18.37 675.07</u></div>
<div><u>Norfolk 4.80 20.87 766.75 3.85 18.57 682.42</u></div>
<div><u>Palmerston 4.69 20.76 762.71 3.77 18.49 679.48</u></div>
<div><u>Varna 4.65 20.72 761.24 3.70 18.42 676.91</u></div>
<div><u>Trenton 4.60 20.67 759.40 3.70 18.42 676.91</u></div>
<div><u>Winchester 4.64 20.71 760.87 3.66 18.38 675.44</u></div>
<div><u>North Gower 4.40 20.47 752.05 3.65 18.37 675.07</u></div>
<div><u>Vankleek Hil4.48 20.55 754.99 3.69 18.41 676.54</u></div>
<div><u>Huron FOB 4.71 4.81 4.87 5.08 20.78 763.44 3.72 18.44 677.65</u></div>
<div><u>Kent FOB 5.00 21.07 774.10 3.80 18.52 680.59</u></div>
<div><u>Lambton FOB 4.90 20.97 770.42 N/A</u></div>
<div><u>Mdsx FOB 5.01 5.08 5.08 N/A 21.08 774.47 3.97 18.69 686.83</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.41 21.48 789.16 4.18 18.90 694.55</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.45 21.52 790.63 4.45 19.17 704.47</u></div>
<div><u>Prescott N/A 4.18 18.90 694.55</u></div>
<div><u>Port Colborn N/A 4.09 18.81 691.24</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.06 16.13 592.76 -0.45 14.27 524.27</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2974 down 0.0049</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>JUL22 HI 11.26 1/2 SEP22 HI 11.29 3/4</u></div>
<div><u> LOW 10.94 1/4 LOW 10.97 1/4</u></div>
<div><u> CLOSE 11.13 Up 20 1/4 CLOSE 11.17 1/4 Up 20 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed higher.</u></div>
<div><u>JUL22 HI 12.58 SEP22 HI 12.53 1/4</u></div>
<div><u> LOW 12.13 1/2 LOW 12.14 3/4</u></div>
<div><u> CLOSE 12.56 Up 42 1/2 CLOSE 12.51 3/4 Up 38 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 2.25 N/A</u></div>
<div><u>London 2.45 2.77 2.19 N/A 3.19 2.73 2.34 N/A</u></div>
<div><u>Hensall 2.00 N/A 2.00 N/A 3.25 N/A 2.25 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 2.00 N/A 3.15 2.55 2.25 1.40</u></div>
<div><u>Essex N/A N/A 2.10 N/A N/A N/A 2.30 N/A</u></div>
<div><u>Norwich 2.00 N/A 2.00 N/A 3.25 N/A 2.25 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A N/A 2.25 N/A</u></div>
<div><u>Kent Bridge 2.00 N/A 2.00 N/A 3.25 N/A 2.25 N/A</u></div>
<div><u>Chatham N/A N/A 2.10 N/A N/A N/A 2.30 N/A</u></div>
<div><u>Brigden N/A N/A 2.10 N/A N/A N/A 2.30 N/A</u></div>
<div><u>Palmerston N/A 2.56 2.10 2.96 N/A 2.96 2.51 N/A</u></div>
<div><u>Varna 2.20 2.70 1.95 N/A 3.10 2.55 2.20 N/A</u></div>
<div><u>Mitchell 2.00 2.65 2.00 N/A 3.25 2.55 2.25 N/A</u></div>
<div><u>Thornton 2.45 2.77 2.19 1.41 3.19 2.73 2.34 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 2.90</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.65 N/A N/A N/A 2.74 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 3.36 N/A N/A N/A 3.32 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.79US 14.00CA 10.93US 14.18CA</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 634.83</u></div>
<div><u>DDG's FOB Srn & Aylm 410.00 - 415.00</u></div>
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<br>
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<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>
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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
<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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