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<span class="elementToProof">Note: Now using the August future for Old Crop Soybeans.</span></div>
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<u><br>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 8</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2558 up 0.0029</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.74 DEC22 HI 7.24 1/4</u></div>
<div><u> LOW 7.56 LOW 7.12 1/2</u></div>
<div><u> CLOSE7.64 1/2 Up 7 1/2 CLOSE 7.17 3/4 Up 3 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 9.20 361.99 1.35 8.53 335.71</u></div>
<div><u>CK High 1.60 9.25 363.96 1.45 8.63 339.65</u></div>
<div><u>CK Avg 1.59 -0.29 9.23 363.40 1.41 -0.34 8.58 337.96</u></div>
<div><u>Essex Cty 1.60 9.25 363.96 1.35 8.53 335.71</u></div>
<div><u>Mdsx Low 1.55 9.20 361.99 1.40 8.58 337.68</u></div>
<div><u>Mdsx High 1.60 9.25 363.96 1.40 8.58 337.68</u></div>
<div><u>Mdsx Avg 1.58 -0.30 9.23 363.30 1.40 -0.35 8.58 337.68</u></div>
<div><u>Hensall 1.58 9.23 363.30 1.42 8.59 338.34</u></div>
<div><u>Bruce 1.60 9.25 363.96 1.40 8.58 337.68</u></div>
<div><u>Putnam 1.60 9.25 363.96 1.40 8.58 337.68</u></div>
<div><u>Burford 1.55 9.20 361.99 1.40 8.58 337.68</u></div>
<div><u>Port Perry 1.45 9.10 358.05 1.30 8.48 333.74</u></div>
<div><u>Norfolk 1.60 9.25 363.96 1.40 8.58 337.68</u></div>
<div><u>Palmerston 1.58 9.23 363.17 1.41 8.59 338.07</u></div>
<div><u>Varna 1.55 9.20 361.99 1.40 8.58 337.68</u></div>
<div><u>Belmore 1.60 9.25 363.96 1.40 8.58 337.68</u></div>
<div><u>Trenton 1.55 9.20 361.99 1.45 8.63 339.65</u></div>
<div><u>Winchester 1.90 9.55 375.77 1.80 8.98 353.43</u></div>
<div><u>North Gower 1.90 9.55 375.77 1.80 8.98 353.43</u></div>
<div><u>Vankleek Hil 2.15 9.80 385.61 1.55 8.73 343.59</u></div>
<div><u>Huron FOB 1.50 1.54 1.59 2.00 9.15 360.02 1.38 8.56 336.89</u></div>
<div><u>Kent FOB 1.65 9.30 365.93 1.40 8.58 337.68</u></div>
<div><u>Lamb FOB 1.46 9.11 358.45 1.39 8.57 337.29</u></div>
<div><u>Mdsx FOB 1.45 1.55 1.60N/A 9.10 358.05 1.40 8.58 337.68</u></div>
<div><u>FOB SW Que 3.31 10.96 431.28N/A</u></div>
<div><u>Track 1.98 9.63 378.92N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.65 8.83 347.52</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 2.15 9.33 367.21</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 1.85 9.03 355.40</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.15 9.33 367.21</u></div>
<div><u>W O Feed 2.06 9.70 381.97</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.14 9.79 385.22</u></div>
<div><u>Toledo El. -0.19 7.46 293.55 -0.31 6.86 270.21</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.73 343.59</u></div>
<div><u>Prescott 2.48 10.13 398.60 2.11 9.29 365.63</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 8.62 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 1.2558 up 0.0029</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> AUG22 HI 16.78 1/4 NOV22 HI 15.73</u></div>
<div><u> LOW 16.50 1/4 LOW 15.46</u></div>
<div><u> CLOSE16.62 3/4 Up 9 CLOSE 15.68 Up 18 1/4</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 +AUG22+AUG22+NOV22</u></div>
<div><u>CK Low 4.98 21.61 793.94 3.33 19.01 698.50</u></div>
<div><u>CK High 5.12 21.75 799.08 3.50 19.18 704.74</u></div>
<div><u>CK Average 5.03 0.62 21.66 795.72 3.37 -0.51 19.05 699.92</u></div>
<div><u>Essex Cty 5.00 21.63 794.67 3.35 19.03 699.23</u></div>
<div><u>Mdsx Low 5.00 21.63 794.67 3.35 19.03 699.23</u></div>
<div><u>Mdsx High 5.07 21.70 797.25 3.35 19.03 699.23</u></div>
<div><u>Mdsx Average5.02 0.61 21.65 795.53 3.35 -0.53 19.03 699.23</u></div>
<div><u>Hensall 5.05 21.68 796.51 3.40 19.08 701.07</u></div>
<div><u>Bruce 5.07 21.70 797.25 3.30 18.98 697.40</u></div>
<div><u>Putnam 5.05 21.68 796.51 3.40 19.08 701.07</u></div>
<div><u>Burford 5.06 21.69 796.88 3.41 19.09 701.44</u></div>
<div><u>Port Perry 4.91 21.54 791.37 3.26 18.94 695.93</u></div>
<div><u>Norfolk 5.00 21.63 794.67 3.40 19.08 701.07</u></div>
<div><u>Palmerston 5.15 21.78 800.19 3.44 19.12 702.54</u></div>
<div><u>Varna 5.05 21.68 796.51 3.40 19.08 701.07</u></div>
<div><u>Trenton N/A 3.45 19.13 702.91</u></div>
<div><u>Winchester 4.50 21.13 776.30 3.50 19.18 704.74</u></div>
<div><u>North Gower 5.17 21.80 800.92 3.50 19.18 704.74</u></div>
<div><u>Vankleek Hil5.17 21.80 800.92 3.37 19.05 699.97</u></div>
<div><u>Huron FOB 4.95 4.95 5.01 3.49 21.58 792.84 3.49 19.17 704.38</u></div>
<div><u>Kent FOB 5.00 21.63 794.67 3.35 19.03 699.23</u></div>
<div><u>Lambton FOB 5.27 21.90 804.60 N/A</u></div>
<div><u>Mdsx FOB 4.98 5.29 N/A N/A 21.61 793.94 3.71 19.39 712.46</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.60 22.23 816.72 3.78 19.46 715.03</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.50 22.13 813.05 4.05 19.73 724.95</u></div>
<div><u>Prescott N/A 3.89 19.57 719.07</u></div>
<div><u>Port Colborn N/A 4.15 19.83 728.63</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 1.28 17.91 658.02 -0.44 15.24 559.99</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2558 up 0.0029</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>JUL22 HI 10.89 SEP22 HI 11.01 3/4</u></div>
<div><u> LOW 10.61 3/4 LOW 10.75 1/2</u></div>
<div><u> CLOSE 10.74 3/4 Up 3 CLOSE 10.88 1/4 Up 3 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>JUL22 HI 12.43 1/4 SEP22 HI 12.41</u></div>
<div><u> LOW 12.20 1/2 LOW 12.19 3/4</u></div>
<div><u> CLOSE 12.34 1/2 Up 7 1/4 CLOSE 12.33 3/4 Up 9</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 1.90 N/A</u></div>
<div><u>London 1.90 2.47 1.90 N/A 2.71 2.02 1.65 N/A</u></div>
<div><u>Hensall 1.75 N/A 1.75 N/A 2.90 N/A 1.90 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 2.05 N/A</u></div>
<div><u>Bruce 1.75 2.25 1.75 N/A 2.80 2.25 1.90 1.30</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 1.75 N/A 1.75 N/A 2.90 N/A 1.90 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A N/A 1.90 N/A</u></div>
<div><u>Kent Bridge 1.75 N/A 1.75 N/A 2.90 N/A 1.90 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 2.49 1.93 2.39 N/A 2.53 2.09 N/A</u></div>
<div><u>Varna 2.00 2.50 1.75 N/A 2.80 2.25 1.90 N/A</u></div>
<div><u>Mitchell 1.75 2.45 1.75 N/A 2.90 2.25 1.90 N/A</u></div>
<div><u>Thornton 1.90 2.47 1.90 N/A 2.71 2.02 1.65 2.41</u></div>
<div><u>North Gower N/A N/A N/A N/A N/A N/A 2.05 N/A</u></div>
<div><u>W O Feed 2.39</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.23 N/A N/A N/A 2.03 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.93 N/A N/A N/A 2.78 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.60US 13.31CA 10.59US 13.30CA</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 640.01</u></div>
<div><u>DDG's FOB Srn & Aylm 375.00 - 380.00</u></div>
<br>
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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>
<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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