FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 1 (All Bases in CAD) Exchange rate was 1.263 down 0.0015 Chicago corn closed lower. JUL22 HI 7.56 1/4 DEC22 HI 7.16 LOW 7.20 1/2 LOW 6.82 CLOSE7.31 1/4 Down 22 1/4 CLOSE 6.91 1/2 Down 20 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+DEC22 CK Low 1.55 8.86 348.90 1.40 8.32 327.35 CK High 1.65 8.96 352.84 1.45 8.37 329.32 CK Avg 1.61 -0.25 8.92 351.15 1.43 -0.31 8.34 328.47 Essex Cty 1.60 8.91 350.87 1.40 8.32 327.35 Mdsx Low 1.60 8.91 350.87 1.40 8.32 327.35 Mdsx High 1.60 8.91 350.87 1.45 8.37 329.32 Mdsx Avg 1.60 -0.26 8.91 350.87 1.43 -0.31 8.34 328.33 Hensall 1.65 8.96 352.84 1.47 8.38 329.97 Bruce 1.65 8.96 352.84 1.45 8.37 329.32 Putnam 1.65 8.96 352.84 1.45 8.37 329.32 Burford 1.60 8.91 350.87 1.45 8.37 329.32 Port Perry 1.50 8.81 346.93 1.30 8.22 323.41 Norfolk 1.60 8.91 350.87 1.40 8.32 327.35 Palmerston 1.42 8.73 343.78 1.25 8.17 321.44 Varna 1.60 8.91 350.87 1.45 8.37 329.32 Belmore 1.60 8.91 350.87 1.45 8.37 329.32 Trenton 1.55 8.86 348.90 1.50 8.42 331.28 Winchester 1.90 9.21 362.68 1.80 8.72 343.09 North Gower 2.00 9.31 366.62 1.80 8.72 343.09 Vankleek Hil 2.13 9.44 371.73 1.51 8.43 331.68 Huron FOB 1.57 1.62 1.62 2.16 8.88 349.69 1.43 8.35 328.53 Kent FOB 1.70 9.01 354.81 1.45 8.37 329.32 Lamb FOB 1.56 8.87 349.29 1.49 8.41 330.89 Mdsx FOB 1.50 1.60N/A N/A 8.81 346.93 1.45 8.37 329.32 FOB SW Que 3.40 10.71 421.73N/A Track 1.91 9.22 363.07N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.71 8.63 339.55 Jhnstwn-Eth N/A N/A N/A N/A 2.21 9.13 359.24 Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A 2.55 1.85 8.77 345.06 Cardnl-Ing N/A N/A N/A N/A 2.20 9.12 358.84 W O Feed 1.97 9.28 365.24 US Rep 2.11 9.42 370.95 Toledo El. -0.19 7.12 280.42 -0.32 6.60 259.80 TRANSFER Pt. Colb N/A 1.55 8.47 333.25 Prescott 2.33 9.64 379.61 2.10 9.02 354.90 HI SD CRN 1.45 8.36 1/2 *Wet Bid Exchange rate was 1.263 down 0.0015 Chicago soybeans closed mixed. JUL22 HI 17.06 1/2 NOV22 HI 15.34 1/2 LOW 16.75 1/4 LOW 15.03 1/4 CLOSE16.90 1/4 Up 7 CLOSE 15.15 1/4 Up 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+SEP22+NOV22 CK Low 4.20 21.10 775.38 3.39 18.54 681.32 CK High 4.60 21.50 790.08 3.50 18.65 685.36 CK Average 4.52 0.06 21.43 787.30 3.41 -0.45 18.57 682.16 Essex Cty 4.60 21.50 790.08 3.40 18.55 681.69 Mdsx Low 4.50 21.40 786.41 3.40 18.55 681.69 Mdsx High 4.60 21.50 790.08 3.41 18.56 682.06 Mdsx Average4.56 0.09 21.47 788.73 3.40 -0.46 18.56 681.81 Hensall 4.55 21.45 788.24 3.42 18.57 682.30 Bruce 4.55 21.45 788.24 3.40 18.55 681.69 Putnam 4.55 21.45 788.24 3.45 18.60 683.52 Burford 4.65 21.55 791.92 3.47 18.62 684.26 Port Perry 4.50 21.40 786.41 3.32 18.47 678.75 Norfolk 4.60 21.50 790.08 3.45 18.60 683.52 Palmerston 4.57 21.47 788.98 3.43 18.58 682.79 Varna 4.55 21.45 788.24 3.40 18.55 681.69 Trenton N/A 3.55 18.70 687.20 Winchester 4.25 21.15 777.22 3.50 18.65 685.36 North Gower 4.70 21.60 793.76 3.70 18.85 692.71 Vankleek Hil4.42 21.32 783.47 3.40 18.55 681.69 Huron FOB 4.68 4.70 4.70 3.48 21.58 793.02 3.48 18.63 684.63 Kent FOB 4.80 21.70 797.43 3.40 18.55 681.69 Lambton FOB 4.81 21.71 797.80 N/A Mdsx FOB 4.82 4.89 N/A N/A 21.72 798.17 3.68 18.83 691.98 PROCESSORS Windsor 5.06 21.96 806.98 3.84 18.99 697.85 TRANSFER Hamilton 5.25 22.15 813.97 4.05 19.20 705.57 Prescott N/A 3.92 19.07 700.79 Port Colborn N/A 3.75 18.90 694.55 Toledo El. 0.32 17.22 632.66 -0.44 14.71 540.52 Exchange rate was 1.263 down 0.0015 Chicago wheat closed lower. JUL22 HI 10.98 SEP22 HI 11.06 3/4 LOW 10.27 1/4 LOW 10.37 1/2 CLOSE 10.41 1/4 Down 46 1/4 CLOSE 10.52 1/4 Down 45 1/4 Minni wheat closed sharply lower. JUL22 HI 12.60 1/2 SEP22 HI 12.60 1/2 LOW 11.90 LOW 11.90 CLOSE 11.97 Down 50 1/2 CLOSE 11.97 1/4 Down 50 1/4 Direct MarkHarvest 2021 Harvest 2022 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A N/A N/A N/A N/A 2.25 N/A London 2.04 2.35 1.79 N/A 2.56 2.37 1.87 N/A Hensall 2.00 N/A 2.00 N/A 3.15 N/A 2.15 N/A Trenton N/A N/A N/A N/A N/A N/A 2.20 N/A Bruce 1.90 2.40 1.90 N/A 2.95 2.40 2.05 1.40 Essex N/A N/A 1.80 N/A N/A N/A 1.95 N/A Norwich 2.00 N/A 2.00 N/A 3.15 N/A 2.15 N/A Port Hope N/A N/A N/A N/A N/A N/A 2.15 N/A Kent Bridge 2.00 N/A 2.00 N/A 3.15 N/A 2.15 N/A Chatham N/A N/A 1.80 N/A N/A N/A 1.95 N/A Brigden N/A N/A 1.80 N/A N/A N/A 1.95 N/A Palmerston N/A 1.98 1.54 2.38 N/A 2.50 1.99 N/A Varna 2.20 2.70 1.95 N/A 2.95 2.40 2.05 N/A Mitchell 2.00 2.70 2.00 N/A 3.15 2.50 2.15 N/A Thornton 2.04 2.35 1.79 1.36 2.56 2.37 1.87 N/A North Gower N/A N/A N/A N/A N/A N/A 2.25 N/A W O Feed 2.34 TERMINAL Port Colbor N/A N/A 2.24 N/A N/A N/A 2.26 N/A PROCESSORS Toledo FM N/A N/A 2.88 N/A N/A N/A 2.77 N/A Toledo El. 10.26US 12.96CA 10.26US 12.96CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 655.56 DDG's FOB Srn & Aylm 375.00 - 380.00