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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, June 3</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2591 up 0.0016</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.36 DEC22 HI 6.97 3/4</u></div>
<div><u> LOW 7.25 3/4 LOW 6.88 1/2</u></div>
<div><u> CLOSE7.27 Down 3 1/4 CLOSE 6.90 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+DEC22</u></div>
<div><u>CK Low 1.55 8.82 347.23 1.35 8.25 324.79</u></div>
<div><u>CK High 1.65 8.92 351.16 1.45 8.35 328.72</u></div>
<div><u>CK Avg 1.59 -0.23 8.86 348.92 1.42 -0.29 8.32 327.60</u></div>
<div><u>Essex Cty 1.60 8.87 349.20 1.35 8.25 324.79</u></div>
<div><u>Mdsx Low 1.55 8.82 347.23 1.40 8.30 326.76</u></div>
<div><u>Mdsx High 1.60 8.87 349.20 1.40 8.30 326.76</u></div>
<div><u>Mdsx Avg 1.58 -0.24 8.85 348.54 1.40 -0.31 8.30 326.76</u></div>
<div><u>Hensall 1.62 8.89 349.85 1.47 8.37 329.38</u></div>
<div><u>Bruce 1.60 8.87 349.20 1.40 8.30 326.76</u></div>
<div><u>Putnam 1.60 8.87 349.20 1.45 8.35 328.72</u></div>
<div><u>Burford 1.55 8.82 347.23 1.40 8.30 326.76</u></div>
<div><u>Port Perry 1.45 8.72 343.29 1.30 8.20 322.82</u></div>
<div><u>Norfolk 1.60 8.87 349.20 1.40 8.30 326.76</u></div>
<div><u>Palmerston 1.58 8.85 348.41 1.43 8.33 327.94</u></div>
<div><u>Varna 1.60 8.87 349.20 1.45 8.35 328.72</u></div>
<div><u>Belmore 1.60 8.87 349.20 1.45 8.35 328.72</u></div>
<div><u>Trenton 1.55 8.82 347.23 1.50 8.40 330.69</u></div>
<div><u>Winchester 1.90 9.17 361.01 1.80 8.70 342.50</u></div>
<div><u>North Gower 1.90 9.17 361.01 1.80 8.70 342.50</u></div>
<div><u>Vankleek Hil 2.09 9.36 368.49 1.48 8.38 329.91</u></div>
<div><u>Huron FOB 1.54 1.54 1.59 2.02 8.81 346.83 1.40 8.30 326.76</u></div>
<div><u>Kent FOB 1.65 8.92 351.16 1.40 8.30 326.76</u></div>
<div><u>Lamb FOB 1.46 8.73 343.68 1.39 8.29 326.36</u></div>
<div><u>Mdsx FOB 1.45 1.45N/A N/A 8.72 343.29 1.35 8.25 324.79</u></div>
<div><u>FOB SW Que 2.92 10.19 401.16N/A</u></div>
<div><u>Track 1.91 9.18 361.20N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.65 8.55 336.60</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 2.15 9.05 356.28</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 8.70 342.50</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.15 9.05 356.28</u></div>
<div><u>W O Feed 1.99 9.26 364.55</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.07 9.34 367.70</u></div>
<div><u>Toledo El. -0.19 7.08 278.77 -0.31 6.59 259.25</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.45 332.66</u></div>
<div><u>Prescott 2.39 9.66 380.30 2.06 8.96 352.74</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 8.35</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2591 up 0.0016</u></div>
<div><u>Chicago soybeans closed slightly lower to lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 17.30 1/2 NOV22 HI 15.42 1/2</u></div>
<div><u> LOW 16.94 LOW 15.21 3/4</u></div>
<div><u> CLOSE16.97 3/4 Down 31 1/2 CLOSE 15.27 Down 14 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+SEP22+NOV22</u></div>
<div><u>CK Low 4.10 21.08 774.47 3.31 18.58 682.70</u></div>
<div><u>CK High 4.35 21.33 783.65 3.50 18.77 689.68</u></div>
<div><u>CK Average 4.27 -0.10 21.25 780.82 3.37 -0.46 18.64 685.01</u></div>
<div><u>Essex Cty 4.35 21.33 783.65 3.35 18.62 684.17</u></div>
<div><u>Mdsx Low 4.12 21.10 775.20 3.33 18.60 683.43</u></div>
<div><u>Mdsx High 4.50 21.48 789.16 3.40 18.67 686.01</u></div>
<div><u>Mdsx Average4.32 -0.06 21.30 782.67 3.36 -0.47 18.63 684.54</u></div>
<div><u>Hensall 4.48 21.46 788.55 3.40 18.67 686.01</u></div>
<div><u>Bruce 4.35 21.33 783.65 3.35 18.62 684.17</u></div>
<div><u>Putnam 4.35 21.33 783.65 3.40 18.67 686.01</u></div>
<div><u>Burford 4.18 21.16 777.41 3.39 18.66 685.64</u></div>
<div><u>Port Perry 4.03 21.01 771.89 3.24 18.51 680.13</u></div>
<div><u>Norfolk 4.35 21.33 783.65 3.40 18.67 686.01</u></div>
<div><u>Palmerston 4.53 21.51 790.27 3.47 18.74 688.58</u></div>
<div><u>Varna 4.55 21.53 791.00 3.40 18.67 686.01</u></div>
<div><u>Trenton N/A 3.50 18.77 689.68</u></div>
<div><u>Winchester 4.01 20.99 771.16 3.48 18.75 688.94</u></div>
<div><u>North Gower 4.60 21.58 792.84 3.60 18.87 693.35</u></div>
<div><u>Vankleek Hil4.38 21.36 784.75 3.33 18.60 683.43</u></div>
<div><u>Huron FOB 4.74 4.74 4.75 3.51 21.72 797.98 3.51 18.78 690.05</u></div>
<div><u>Kent FOB 4.35 21.33 783.65 3.35 18.62 684.17</u></div>
<div><u>Lambton FOB 4.50 21.48 789.16 N/A</u></div>
<div><u>Mdsx FOB 3.78 4.48 N/A N/A 20.76 762.71 3.60 18.87 693.35</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.95 21.93 805.70 3.74 19.01 698.50</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.85 21.83 802.02 4.00 19.27 708.05</u></div>
<div><u>Prescott N/A 3.85 19.12 702.54</u></div>
<div><u>Port Colborn N/A 3.68 18.95 696.29</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.31 17.29 635.38 -0.44 14.83 544.88</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2591 up 0.0016</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>JUL22 HI 10.69 1/4 SEP22 HI 10.80 1/2</u></div>
<div><u> LOW 10.36 1/4 LOW 10.48</u></div>
<div><u> CLOSE 10.40 Down 18 1/4 CLOSE 10.51 3/4 Down 18</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>JUL22 HI 12.13 3/4 SEP22 HI 12.15 1/2</u></div>
<div><u> LOW 11.90 LOW 11.91 3/4</u></div>
<div><u> CLOSE 11.91 3/4 Down 7 3/4 CLOSE 11.93 1/2 Down 8</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 1.85 2.17 1.60 N/A 2.36 2.17 1.67 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 2.15 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 1.60 N/A N/A N/A 1.75 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 1.60 N/A N/A N/A 1.75 N/A</u></div>
<div><u>Brigden N/A N/A 1.60 N/A N/A N/A 1.75 N/A</u></div>
<div><u>Palmerston N/A 2.44 1.88 2.33 N/A 2.48 2.03 N/A</u></div>
<div><u>Varna 2.15 2.65 1.90 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 1.85 2.17 1.60 1.21 2.36 2.17 1.67 N/A</u></div>
<div><u>North Gower N/A N/A N/A N/A N/A N/A 2.10 N/A</u></div>
<div><u>W O Feed 2.32</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.05 N/A N/A N/A 2.06 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.85 N/A N/A N/A 2.73 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.25US 12.91CA 10.25US 12.90CA</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 650.26</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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