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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 2</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2575 down 0.0055</u></div>
<div><u>Chicago corn closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.39 1/4 DEC22 HI 6.99 1/2</u></div>
<div><u> LOW 7.26 1/4 LOW 6.87 1/2</u></div>
<div><u> CLOSE7.30 1/4 Down 1 CLOSE 6.94 1/4 Up 2 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+DEC22</u></div>
<div><u>CK Low 1.55 8.85 348.51 1.40 8.34 328.43</u></div>
<div><u>CK High 1.65 8.95 352.44 1.50 8.44 332.37</u></div>
<div><u>CK Avg 1.61 -0.22 8.91 350.76 1.43 -0.29 8.37 329.55</u></div>
<div><u>Essex Cty 1.60 8.90 350.48 1.40 8.34 328.43</u></div>
<div><u>Mdsx Low 1.60 8.90 350.48 1.40 8.34 328.43</u></div>
<div><u>Mdsx High 1.60 8.90 350.48 1.40 8.34 328.43</u></div>
<div><u>Mdsx Avg 1.60 -0.22 8.90 350.48 1.40 -0.31 8.34 328.43</u></div>
<div><u>Hensall 1.65 8.95 352.44 1.47 8.41 331.05</u></div>
<div><u>Bruce 1.65 8.95 352.44 1.45 8.39 330.40</u></div>
<div><u>Putnam 1.65 8.95 352.44 1.45 8.39 330.40</u></div>
<div><u>Burford 1.60 8.90 350.48 1.40 8.34 328.43</u></div>
<div><u>Port Perry 1.50 8.80 346.54 1.30 8.24 324.49</u></div>
<div><u>Norfolk 1.60 8.90 350.48 1.40 8.34 328.43</u></div>
<div><u>Palmerston 1.56 8.86 348.90 1.38 8.32 327.64</u></div>
<div><u>Varna 1.60 8.90 350.48 1.45 8.39 330.40</u></div>
<div><u>Belmore 1.60 8.90 350.48 1.45 8.39 330.40</u></div>
<div><u>Trenton 1.55 8.85 348.51 1.50 8.44 332.37</u></div>
<div><u>Winchester 1.90 9.20 362.29 1.80 8.74 344.18</u></div>
<div><u>North Gower 2.00 9.30 366.22 1.80 8.74 344.18</u></div>
<div><u>Vankleek Hil 2.13 9.43 371.34 1.51 8.45 332.76</u></div>
<div><u>Huron FOB 1.57 1.62 1.62 2.16 8.87 349.29 1.43 8.37 329.61</u></div>
<div><u>Kent FOB 1.70 9.00 354.41 1.40 8.34 328.43</u></div>
<div><u>Lamb FOB 1.56 8.86 348.90 1.49 8.43 331.97</u></div>
<div><u>Mdsx FOB 1.45 1.55N/A N/A 8.75 344.57 1.45 8.39 330.40</u></div>
<div><u>FOB SW Que 2.66 9.96 392.21N/A</u></div>
<div><u>Track 1.89 9.19 361.89N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.65 8.59 338.27</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 2.15 9.09 357.96</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 1.80 8.74 344.18</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.15 9.09 357.96</u></div>
<div><u>W O Feed 1.98 9.28 365.44</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.06 9.36 368.59</u></div>
<div><u>Toledo El. -0.19 7.11 280.06 -0.31 6.63 260.94</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.49 334.33</u></div>
<div><u>Prescott 2.33 9.63 379.21 2.10 9.04 355.99</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.50 8.44 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2575 down 0.0055</u></div>
<div><u>Chicago soybeans closed slightly higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 17.40 3/4 NOV22 HI 15.46 1/4</u></div>
<div><u> LOW 16.81 1/4 LOW 15.05 1/4</u></div>
<div><u> CLOSE17.29 1/4 Up 39 CLOSE 15.41 3/4 Up 26 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+SEP22+NOV22</u></div>
<div><u>CK Low 4.25 21.54 791.55 3.40 18.82 691.42</u></div>
<div><u>CK High 4.65 21.94 806.25 3.55 18.97 696.94</u></div>
<div><u>CK Average 4.44 -0.01 21.73 798.53 3.45 -0.41 18.87 693.42</u></div>
<div><u>Essex Cty 4.30 21.59 793.39 3.45 18.87 693.26</u></div>
<div><u>Mdsx Low 4.30 21.59 793.39 3.40 18.82 691.42</u></div>
<div><u>Mdsx High 4.65 21.94 806.25 3.45 18.87 693.26</u></div>
<div><u>Mdsx Average4.48 0.02 21.78 800.12 3.43 -0.43 18.85 692.65</u></div>
<div><u>Hensall 4.58 21.88 803.80 3.43 18.85 692.65</u></div>
<div><u>Bruce 4.55 21.84 802.57 3.40 18.82 691.42</u></div>
<div><u>Putnam 4.65 21.94 806.25 3.50 18.92 695.10</u></div>
<div><u>Burford 4.70 21.99 808.09 3.51 18.93 695.47</u></div>
<div><u>Port Perry 4.56 21.85 802.94 3.36 18.78 689.96</u></div>
<div><u>Norfolk 4.30 21.59 793.39 3.50 18.92 695.10</u></div>
<div><u>Palmerston 4.57 21.86 803.31 3.40 18.82 691.42</u></div>
<div><u>Varna 4.55 21.84 802.57 3.40 18.82 691.42</u></div>
<div><u>Trenton N/A 3.50 18.92 695.10</u></div>
<div><u>Winchester 4.04 21.33 783.84 3.50 18.92 695.10</u></div>
<div><u>North Gower 4.70 21.99 808.09 3.70 19.12 702.45</u></div>
<div><u>Vankleek Hil4.42 21.71 797.80 3.40 18.82 691.42</u></div>
<div><u>Huron FOB 4.68 4.70 4.70 3.48 21.97 807.35 3.48 18.90 694.36</u></div>
<div><u>Kent FOB 4.35 21.64 795.23 3.45 18.87 693.26</u></div>
<div><u>Lambton FOB 4.81 22.10 812.13 N/A</u></div>
<div><u>Mdsx FOB 4.88 4.95 N/A N/A 22.17 814.70 3.72 19.14 703.18</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.95 22.24 817.27 3.77 19.19 705.02</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.80 22.09 811.76 4.10 19.52 717.15</u></div>
<div><u>Prescott N/A 3.92 19.34 710.53</u></div>
<div><u>Port Colborn N/A 3.79 19.21 705.75</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.31 17.61 646.94 -0.44 14.98 550.32</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2575 down 0.0055</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>JUL22 HI 10.75 SEP22 HI 10.85</u></div>
<div><u> LOW 10.37 1/4 LOW 10.48 1/2</u></div>
<div><u> CLOSE 10.58 1/4 Up 17 CLOSE 10.69 3/4 Up 17 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>JUL22 HI 12.19 3/4 SEP22 HI 12.19 1/2</u></div>
<div><u> LOW 11.97 LOW 11.98</u></div>
<div><u> CLOSE 11.99 1/2 Up 2 1/2 CLOSE 12.01 1/2 Up 4 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 2.15 N/A</u></div>
<div><u>London 1.98 2.29 1.72 N/A 2.50 2.31 1.80 N/A</u></div>
<div><u>Hensall 2.00 N/A 2.00 N/A 3.15 N/A 2.15 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 1.90 2.40 1.90 N/A 2.95 2.40 2.05 1.40</u></div>
<div><u>Essex N/A N/A 1.70 N/A N/A N/A 1.85 N/A</u></div>
<div><u>Norwich 2.00 N/A 2.00 N/A 3.15 N/A 2.15 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A N/A 2.15 N/A</u></div>
<div><u>Kent Bridge 2.00 N/A 2.00 N/A 3.15 N/A 2.15 N/A</u></div>
<div><u>Chatham N/A N/A 1.70 N/A N/A N/A 1.85 N/A</u></div>
<div><u>Brigden N/A N/A 1.70 N/A N/A N/A 1.85 N/A</u></div>
<div><u>Palmerston N/A 1.97 1.53 2.32 N/A 2.49 1.98 N/A</u></div>
<div><u>Varna 2.20 2.70 1.95 N/A 2.95 2.40 2.05 N/A</u></div>
<div><u>Mitchell 2.00 2.70 2.00 N/A 3.15 2.50 2.15 N/A</u></div>
<div><u>Thornton 1.98 2.29 1.72 1.45 2.50 2.31 1.80 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 2.34</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.18 N/A N/A N/A 2.19 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.88 N/A N/A N/A 2.75 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.43US 13.12CA 10.43US 13.11CA</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 657.98</u></div>
<div><u>DDG's FOB Srn & Aylm 375.00 - 380.00</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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