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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 16</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2912 down 0.0061</u></div>
<div><u>Chicago corn closed moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.92 DEC22 HI 7.41 1/2</u></div>
<div><u> LOW 7.73 LOW 7.20 1/2</u></div>
<div><u> CLOSE7.88 1/4 Up 14 1/4 CLOSE 7.35 Up 14</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 9.43 371.34 1.45 8.80 346.44</u></div>
<div><u>CK High 1.65 9.53 375.28 1.50 8.85 348.41</u></div>
<div><u>CK Avg 1.63 -0.52 9.51 374.43 1.48 -0.51 8.83 347.57</u></div>
<div><u>Essex Cty 1.65 9.53 375.28 1.45 8.80 346.44</u></div>
<div><u>Mdsx Low 1.60 9.48 373.31 1.45 8.80 346.44</u></div>
<div><u>Mdsx High 1.65 9.53 375.28 1.50 8.85 348.41</u></div>
<div><u>Mdsx Avg 1.62 -0.53 9.50 373.97 1.48 -0.52 8.83 347.42</u></div>
<div><u>Hensall 1.67 9.55 375.93 1.50 8.85 348.41</u></div>
<div><u>Bruce 1.65 9.53 375.28 1.50 8.85 348.41</u></div>
<div><u>Putnam 1.60 9.48 373.31 1.50 8.85 348.41</u></div>
<div><u>Burford 1.60 9.48 373.31 1.45 8.80 346.44</u></div>
<div><u>Port Perry 1.45 9.33 367.40 1.30 8.65 340.54</u></div>
<div><u>Norfolk 1.65 9.53 375.28 1.50 8.85 348.41</u></div>
<div><u>Palmerston 1.65 9.53 375.28 1.43 8.78 345.65</u></div>
<div><u>Varna 1.65 9.53 375.28 1.50 8.85 348.41</u></div>
<div><u>Belmore 1.65 9.53 375.28 1.50 8.85 348.41</u></div>
<div><u>Trenton 1.55 9.43 371.34 1.40 8.75 344.47</u></div>
<div><u>Winchester 1.90 9.78 385.12 1.80 9.15 360.22</u></div>
<div><u>North Gower 1.90 9.78 385.12 1.80 9.15 360.22</u></div>
<div><u>Vankleek Hil 1.89 9.77 384.73 1.69 9.04 355.89</u></div>
<div><u>Huron FOB 1.65 1.70 1.76 2.34 9.53 375.28 1.50 8.85 348.41</u></div>
<div><u>Kent FOB 1.70 9.58 377.25 1.60 8.95 352.35</u></div>
<div><u>Lamb FOB N/A N/A</u></div>
<div><u>Mdsx FOB N/A 1.70 1.75N/A 1.60 8.95 352.35</u></div>
<div><u>FOB SW Que 2.82 10.70 421.34N/A</u></div>
<div><u>Track 2.27 10.15 399.49N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.96 9.31 366.52</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</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 2.05 9.40 370.06</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.35 9.70 381.87</u></div>
<div><u>W O Feed 2.29 10.17 400.28</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.49 10.37 408.35</u></div>
<div><u>Toledo El. -0.19 7.69 302.70 -0.32 7.03 276.65</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.90 350.38</u></div>
<div><u>Prescott 2.20 10.08 396.93 2.42 9.77 384.63</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.50 8.85</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2912 down 0.0061</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> AUG22 HI 16.35 NOV22 HI 15.49 1/2</u></div>
<div><u> LOW 16.09 1/4 LOW 15.20 1/2</u></div>
<div><u> CLOSE16.30 3/4 Up 17 CLOSE 15.43 1/4 Up 19 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 +AUG22+AUG22+NOV22</u></div>
<div><u>CK Low 5.05 21.36 784.75 3.82 19.25 707.41</u></div>
<div><u>CK High 5.55 21.86 803.13 4.00 19.43 714.02</u></div>
<div><u>CK Average 5.46 0.55 21.77 799.98 3.90 -0.46 19.33 710.19</u></div>
<div><u>Essex Cty 5.55 21.86 803.13 3.85 19.28 708.51</u></div>
<div><u>Mdsx Low 5.45 21.76 799.45 3.84 19.27 708.14</u></div>
<div><u>Mdsx High 5.55 21.86 803.13 3.90 19.33 710.35</u></div>
<div><u>Mdsx Average5.49 0.57 21.80 800.92 3.86 -0.49 19.30 709.00</u></div>
<div><u>Hensall 5.55 21.86 803.13 3.92 19.35 710.96</u></div>
<div><u>Bruce 5.55 21.86 803.13 3.90 19.33 710.35</u></div>
<div><u>Putnam 5.55 21.86 803.13 3.95 19.38 712.18</u></div>
<div><u>Burford 5.53 21.84 802.39 3.90 19.33 710.35</u></div>
<div><u>Port Perry 5.38 21.69 796.88 3.75 19.18 704.84</u></div>
<div><u>Norfolk 5.55 21.86 803.13 3.95 19.38 712.18</u></div>
<div><u>Palmerston 5.20 21.51 790.27 3.86 19.29 708.88</u></div>
<div><u>Varna 5.55 21.86 803.13 3.90 19.33 710.35</u></div>
<div><u>Trenton N/A 3.95 19.38 712.18</u></div>
<div><u>Winchester 5.00 21.31 782.92 3.97 19.40 712.92</u></div>
<div><u>North Gower 5.00 21.31 782.92 3.85 19.28 708.51</u></div>
<div><u>Vankleek Hil3.81 20.12 739.19 3.76 19.19 705.20</u></div>
<div><u>Huron FOB 5.52 5.65 5.72 3.91 21.83 802.02 3.91 19.34 710.72</u></div>
<div><u>Kent FOB 5.55 21.86 803.13 3.90 19.33 710.35</u></div>
<div><u>Lambton FOB N/A N/A</u></div>
<div><u>Mdsx FOB 5.57 5.89 5.89 N/A 21.88 803.86 4.27 19.70 723.94</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 6.03 22.34 820.76 4.29 19.72 724.68</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 6.05 22.36 821.50 4.60 20.03 736.07</u></div>
<div><u>Prescott N/A 4.36 19.79 727.25</u></div>
<div><u>Port Colborn N/A 4.71 20.14 740.11</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 1.10 17.40 639.52 -0.45 14.98 550.44</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2912 down 0.0061</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>JUL22 HI 10.84 3/4 SEP22 HI 10.96 1/2</u></div>
<div><u> LOW 10.47 LOW 10.60</u></div>
<div><u> CLOSE 10.78 1/4 Up 28 1/4 CLOSE 10.90 1/2 Up 27</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>JUL22 HI 12.18 1/4 SEP22 HI 12.18 3/4</u></div>
<div><u> LOW 11.99 LOW 12.00</u></div>
<div><u> CLOSE 12.09 Up 7 3/4 CLOSE 12.09 1/2 Up 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 2.00 N/A</u></div>
<div><u>London 2.15 2.87 2.02 N/A 3.16 2.52 2.06 N/A</u></div>
<div><u>Hensall 1.95 N/A 1.95 N/A 3.10 N/A 2.05 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 1.95 2.40 1.95 N/A 2.95 2.40 2.05 1.50</u></div>
<div><u>Essex N/A N/A 1.95 N/A N/A N/A 2.10 N/A</u></div>
<div><u>Norwich 1.95 N/A 1.95 N/A 3.10 N/A 2.05 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 1.95 N/A 1.95 N/A 3.10 N/A 2.05 N/A</u></div>
<div><u>Chatham N/A N/A 1.95 N/A N/A N/A 2.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.95 N/A N/A N/A 2.10 N/A</u></div>
<div><u>Palmerston N/A 2.89 2.31 2.75 N/A 2.92 2.34 N/A</u></div>
<div><u>Varna 2.15 2.65 1.95 N/A 2.95 2.40 2.05 N/A</u></div>
<div><u>Mitchell 1.95 2.60 1.95 N/A 3.10 2.40 2.05 N/A</u></div>
<div><u>Thornton 2.15 2.87 2.02 N/A 3.16 2.52 2.06 2.53</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 2.73</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.55 N/A N/A N/A 2.52 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 3.29 N/A N/A N/A 3.18 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.63US 13.73CA 10.64US 13.73CA</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 689.73</u></div>
<div><u>DDG's FOB Srn & Aylm 340.00 - 380.00</u></div>
<div><u><br>
</u></div>
<div><br>
</div>
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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>
<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"">Tel. 519-674-1500 x 63577
<o:p> </o:p></span></p>
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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
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