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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, May 13</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2953 down 0.0123</u></div>
<div><u>Chicago corn closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.97 DEC22 HI 7.58 1/2</u></div>
<div><u> LOW 7.77 1/2 LOW 7.45</u></div>
<div><u> CLOSE7.81 1/4 Down 10 1/4 CLOSE 7.48 3/4 Down 4 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 1.65 9.46 372.52 1.45 8.94 351.85</u></div>
<div><u>CK High 1.70 9.51 374.49 1.50 8.99 353.82</u></div>
<div><u>CK Avg 1.69 -0.47 9.51 374.21 1.49 -0.55 8.98 353.54</u></div>
<div><u>Essex Cty 1.70 9.51 374.49 1.50 8.99 353.82</u></div>
<div><u>Mdsx Low 1.65 9.46 372.52 1.50 8.99 353.82</u></div>
<div><u>Mdsx High 1.70 9.51 374.49 1.50 8.99 353.82</u></div>
<div><u>Mdsx Avg 1.68 -0.48 9.50 373.83 1.50 -0.55 8.99 353.82</u></div>
<div><u>Hensall 1.72 9.53 375.15 1.52 9.00 354.48</u></div>
<div><u>Bruce 1.70 9.51 374.49 1.50 8.99 353.82</u></div>
<div><u>Putnam 1.70 9.51 374.49 1.50 8.99 353.82</u></div>
<div><u>Burford 1.65 9.46 372.52 1.50 8.99 353.82</u></div>
<div><u>Port Perry 1.45 9.26 364.65 1.30 8.79 345.95</u></div>
<div><u>Norfolk 1.70 9.51 374.49 1.50 8.99 353.82</u></div>
<div><u>Palmerston 1.54 9.35 368.19 1.50 8.99 353.82</u></div>
<div><u>Varna 1.70 9.51 374.49 1.50 8.99 353.82</u></div>
<div><u>Belmore 1.70 9.51 374.49 1.50 8.99 353.82</u></div>
<div><u>Trenton 1.70 9.51 374.49 1.45 8.94 351.85</u></div>
<div><u>Winchester 1.80 9.61 378.43 1.80 9.29 365.63</u></div>
<div><u>North Gower 1.80 9.61 378.43 1.80 9.29 365.63</u></div>
<div><u>Vankleek Hil 2.08 9.89 389.45 1.72 9.21 362.48</u></div>
<div><u>Huron FOB 1.70 1.75 1.85 1.90 9.51 374.49 1.50 8.99 353.82</u></div>
<div><u>Kent FOB 1.75 9.56 376.46 1.60 9.09 357.76</u></div>
<div><u>Lamb FOB 2.02 9.83 387.09 1.73 9.22 362.88</u></div>
<div><u>Mdsx FOB 1.75 1.80 1.90N/A 9.56 376.46 1.65 9.14 359.73</u></div>
<div><u>FOB SW Que 3.04 10.85 427.24N/A</u></div>
<div><u>Track 2.33 10.14 399.10N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.99 9.48 373.11</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 2.37 9.86 388.07</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 2.10 9.59 377.44</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.35 9.84 387.29</u></div>
<div><u>W O Feed 2.35 10.16 399.98</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.50 10.31 405.99</u></div>
<div><u>Toledo El. -0.32 7.49 294.82 -0.32 7.16 282.02</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 9.04 355.79</u></div>
<div><u>Prescott 2.53 10.34 407.17 2.30 9.79 385.32</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.50 8.98 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 1.2953 down 0.0123</u></div>
<div><u>Chicago soybeans closed slightly higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 16.51 1/2 NOV22 HI 15.03 1/4</u></div>
<div><u> LOW 16.14 LOW 14.78 1/4</u></div>
<div><u> CLOSE16.46 1/2 Up 32 3/4 CLOSE 14.98 1/4 Up 17 3/4</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 4.83 21.30 782.46 3.80 18.78 690.14</u></div>
<div><u>CK High 4.85 21.32 783.19 3.85 18.83 691.98</u></div>
<div><u>CK Average 4.85 -0.01 21.31 783.09 3.83 -0.46 18.81 691.14</u></div>
<div><u>Essex Cty 4.85 21.32 783.19 3.85 18.83 691.98</u></div>
<div><u>Mdsx Low 4.75 21.22 779.52 3.75 18.73 688.30</u></div>
<div><u>Mdsx High 4.85 21.32 783.19 3.86 18.84 692.34</u></div>
<div><u>Mdsx Average4.82 -0.04 21.28 781.97 3.82 -0.47 18.80 690.87</u></div>
<div><u>Hensall 4.85 21.32 783.19 3.82 18.80 690.75</u></div>
<div><u>Bruce 4.75 21.22 779.52 3.75 18.73 688.30</u></div>
<div><u>Putnam 4.85 21.32 783.19 3.85 18.83 691.98</u></div>
<div><u>Burford 4.91 21.38 785.40 3.92 18.90 694.55</u></div>
<div><u>Port Perry 4.76 21.23 779.89 3.77 18.75 689.04</u></div>
<div><u>Norfolk 4.85 21.32 783.19 3.90 18.88 693.81</u></div>
<div><u>Palmerston 4.74 21.21 779.15 3.79 18.77 689.77</u></div>
<div><u>Varna 4.85 21.32 783.19 3.80 18.78 690.14</u></div>
<div><u>Trenton 4.80 21.27 781.35 3.85 18.83 691.98</u></div>
<div><u>Winchester 4.64 21.11 775.48 3.66 18.64 684.99</u></div>
<div><u>North Gower 4.60 21.07 774.01 3.75 18.73 688.30</u></div>
<div><u>Vankleek Hil4.53 21.00 771.43 3.72 18.70 687.20</u></div>
<div><u>Huron FOB 4.69 4.86 4.99 5.18 21.16 777.31 3.89 18.87 693.45</u></div>
<div><u>Kent FOB 5.05 21.52 790.54 3.85 18.83 691.98</u></div>
<div><u>Lambton FOB 4.90 21.37 785.03 N/A</u></div>
<div><u>Mdsx FOB 5.15 5.15 5.21 N/A 21.62 794.22 4.09 19.07 700.79</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.66 22.13 812.95 N/A</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.50 21.97 807.08 4.50 19.48 715.86</u></div>
<div><u>Prescott N/A 4.24 19.22 706.31</u></div>
<div><u>Port Colborn N/A 4.20 19.18 704.84</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.06 16.53 607.36 -0.45 14.53 533.85</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2953 down 0.0123</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>JUL22 HI 11.98 1/2 SEP22 HI 12.01 1/4</u></div>
<div><u> LOW 11.58 1/2 LOW 11.62 1/4</u></div>
<div><u> CLOSE 11.77 1/2 Down 1 1/4 CLOSE 11.81 Down 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>JUL22 HI 13.35 3/4 SEP22 HI 13.30</u></div>
<div><u> LOW 13.10 1/2 LOW 13.05 1/4</u></div>
<div><u> CLOSE 13.25 Up 9 CLOSE 13.18 3/4 Up 7</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 2.67 2.99 2.41 N/A 3.42 2.96 2.57 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 2.20 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 2.70 2.25 3.14 N/A 3.10 2.58 N/A</u></div>
<div><u>Varna 2.35 2.85 2.10 N/A 3.20 2.65 2.30 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 2.67 2.99 2.41 1.59 3.42 2.96 2.57 N/A</u></div>
<div><u>North Gower N/A N/A N/A N/A N/A N/A 2.25 N/A</u></div>
<div><u>W O Feed 2.89</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.87 N/A N/A N/A 2.97 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 3.53 N/A N/A N/A 3.49 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 11.38US 14.73CA 11.58US 15.00CA</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 649.60</u></div>
<div><u>DDG's FOB Srn & Aylm 410.00 - 415.00</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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