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Note: Markets in the U.S. were closed for the Memorial Day holiday.</div>
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A report is being sent today due to some changes in Ontario bids, particularly for soybeans and wheat.</div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 30</u>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.266 down 0.0072</u></div>
<div><u>U.S. Markets were closed for the Memorial Day holiday</u></div>
<div><u>On Friday, May 27, Chicago corn closed moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.80 1/2 DEC22 HI 7.32 3/4</u></div>
<div><u> LOW 7.61 LOW 7.15 1/4</u></div>
<div><u> CLOSE7.77 1/4 Up 12 1/4 CLOSE 7.30 Up 11 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 1.60 9.37 368.98 1.50 8.80 346.44</u></div>
<div><u>CK High 1.70 9.47 372.92 1.50 8.80 346.44</u></div>
<div><u>CK Avg 1.69 -0.30 9.46 372.35 1.50 -0.35 8.80 346.44</u></div>
<div><u>Essex Cty 1.70 9.47 372.92 1.50 8.80 346.44</u></div>
<div><u>Mdsx Low 1.60 9.37 368.98 1.50 8.80 346.44</u></div>
<div><u>Mdsx High 1.70 9.47 372.92 1.50 8.80 346.44</u></div>
<div><u>Mdsx Avg 1.65 -0.33 9.42 370.95 1.50 -0.35 8.80 346.44</u></div>
<div><u>Hensall 1.68 9.46 372.26 1.52 8.82 347.10</u></div>
<div><u>Bruce 1.70 9.47 372.92 1.50 8.80 346.44</u></div>
<div><u>Putnam 1.70 9.47 372.92 1.50 8.80 346.44</u></div>
<div><u>Burford 1.60 9.37 368.98 1.50 8.80 346.44</u></div>
<div><u>Port Perry 1.50 9.27 365.04 1.30 8.60 338.57</u></div>
<div><u>Norfolk 1.70 9.47 372.92 1.50 8.80 346.44</u></div>
<div><u>Palmerston 1.56 9.33 367.40 1.36 8.66 340.93</u></div>
<div><u>Varna 1.65 9.42 370.95 1.50 8.80 346.44</u></div>
<div><u>Belmore 1.65 9.42 370.95 1.50 8.80 346.44</u></div>
<div><u>Trenton 1.55 9.32 367.01 1.50 8.80 346.44</u></div>
<div><u>Winchester 1.90 9.67 380.79 1.80 9.10 358.25</u></div>
<div><u>North Gower 2.00 9.77 384.73 1.80 9.10 358.25</u></div>
<div><u>Vankleek Hil 2.32 10.09 397.32 1.69 8.99 353.92</u></div>
<div><u>Huron FOB 1.65 1.70 1.67 1.72 9.42 370.95 1.50 8.80 346.44</u></div>
<div><u>Kent FOB 1.80 9.57 376.85 1.55 8.85 348.41</u></div>
<div><u>Lamb FOB 1.68 9.45 372.13 1.57 8.87 349.20</u></div>
<div><u>Mdsx FOB 1.45 1.50 1.60N/A 9.22 363.07 1.55 8.85 348.41</u></div>
<div><u>FOB SW Que 2.87 10.64 418.98N/A</u></div>
<div><u>Track 2.10 9.87 388.47N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.81 9.11 358.64</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 2.31 9.61 378.33</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 9.25 364.16</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.25 9.55 375.97</u></div>
<div><u>W O Feed 2.16 9.93 390.93</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.32 10.09 397.32</u></div>
<div><u>Toledo El. -0.19 7.58 298.51 -0.32 6.98 274.93</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.85 348.41</u></div>
<div><u>Prescott 2.53 10.30 405.59 2.28 9.58 377.15</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.50 8.80</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.266 down 0.0072</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 17.44 1/4 NOV22 HI 15.51 3/4</u></div>
<div><u> LOW 17.18 3/4 LOW 15.36</u></div>
<div><u> CLOSE17.32 1/4 Up 5 3/4 CLOSE 15.44 Down 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 4.70 22.02 809.19 3.60 19.04 699.60</u></div>
<div><u>CK High 4.75 22.07 811.03 3.75 19.19 705.11</u></div>
<div><u>CK Average 4.73 0.10 22.06 810.45 3.65 -0.36 19.09 701.49</u></div>
<div><u>Essex Cty 4.75 22.07 811.03 3.65 19.09 701.44</u></div>
<div><u>Mdsx Low 4.75 22.07 811.03 3.65 19.09 701.44</u></div>
<div><u>Mdsx High 4.80 22.12 812.86 3.70 19.14 703.27</u></div>
<div><u>Mdsx Average4.77 0.13 22.09 811.76 3.68 -0.34 19.12 702.42</u></div>
<div><u>Hensall 4.77 22.09 811.64 3.68 19.12 702.66</u></div>
<div><u>Bruce 4.75 22.07 811.03 3.70 19.14 703.27</u></div>
<div><u>Putnam 4.70 22.02 809.19 3.65 19.09 701.44</u></div>
<div><u>Burford 4.82 22.14 813.60 3.74 19.18 704.74</u></div>
<div><u>Port Perry 4.67 21.99 808.09 3.59 19.03 699.23</u></div>
<div><u>Norfolk 4.75 22.07 811.03 3.70 19.14 703.27</u></div>
<div><u>Palmerston 4.60 21.92 805.51 3.59 19.03 699.23</u></div>
<div><u>Varna 4.80 22.12 812.86 3.70 19.14 703.27</u></div>
<div><u>Trenton 4.55 21.87 803.68 3.75 19.19 705.11</u></div>
<div><u>Winchester 4.75 22.07 811.03 3.80 19.24 706.95</u></div>
<div><u>North Gower 4.70 22.02 809.19 3.70 19.14 703.27</u></div>
<div><u>Vankleek Hil4.72 22.04 809.92 3.62 19.06 700.34</u></div>
<div><u>Huron FOB 4.86 4.91 4.98 4.97 22.18 815.07 3.67 19.11 702.17</u></div>
<div><u>Kent FOB 4.95 22.27 818.37 3.65 19.09 701.44</u></div>
<div><u>Lambton FOB 4.90 22.22 816.54 N/A</u></div>
<div><u>Mdsx FOB 4.92 5.12 5.18 N/A 22.24 817.27 3.91 19.35 710.99</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.42 22.74 835.64 3.91 19.35 710.99</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.40 22.72 834.91 4.35 19.79 727.16</u></div>
<div><u>Prescott N/A 4.14 19.58 719.44</u></div>
<div><u>Port Colborn N/A 3.97 19.41 713.20</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.32 17.64 648.12 -0.44 15.00 551.04</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.266 down 0.0072</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>JUL22 HI 11.70 1/4 SEP22 HI 11.78 3/4</u></div>
<div><u> LOW 11.33 1/2 LOW 11.42</u></div>
<div><u> CLOSE 11.57 1/2 Up 14 1/4 CLOSE 11.66 1/4 Up 14 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>JUL22 HI 13.20 1/4 SEP22 HI 13.20</u></div>
<div><u> LOW 12.88 LOW 12.88</u></div>
<div><u> CLOSE 13.04 3/4 Up 12 1/2 CLOSE 13.04 3/4 Up 13</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 2.35 N/A</u></div>
<div><u>London 2.30 2.37 1.92 N/A 2.85 2.40 2.02 N/A</u></div>
<div><u>Hensall 2.10 N/A 2.10 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 2.35 N/A</u></div>
<div><u>Bruce N/A N/A 2.10 N/A 3.15 2.65 2.35 1.60</u></div>
<div><u>Essex N/A N/A 2.05 N/A N/A N/A 2.20 N/A</u></div>
<div><u>Norwich 2.10 N/A 2.10 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 2.35 N/A</u></div>
<div><u>Kent Bridge 2.10 N/A 2.10 N/A 3.25 N/A 2.25 N/A</u></div>
<div><u>Chatham N/A N/A 2.05 N/A N/A N/A 2.20 N/A</u></div>
<div><u>Brigden N/A N/A 2.05 N/A N/A N/A 2.20 N/A</u></div>
<div><u>Palmerston N/A 2.31 1.87 2.69 N/A 2.86 2.29 N/A</u></div>
<div><u>Varna 2.35 2.85 2.10 N/A 3.15 2.60 2.25 N/A</u></div>
<div><u>Mitchell 2.10 2.80 2.10 N/A 3.25 2.60 2.25 N/A</u></div>
<div><u>Thornton 2.30 2.37 1.92 1.72 2.85 2.40 2.02 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 2.80</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.37 N/A N/A N/A 2.41 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 3.19 N/A N/A N/A 3.10 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 11.43US 14.46CA 11.42US 14.46CA</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 674.96</u></div>
<div><u>DDG's FOB Srn & Aylm 375.00 - 380.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews</span><o:p style="color: inherit; font-family: "Courier New"; font-size: 10pt; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"> </o:p><br>
</div>
<div>
<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>
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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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<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>
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