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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, June 17</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3029 up 0.0117</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 8.00 DEC22 HI 7.49 1/4</u></div>
<div><u> LOW 7.82 1/4 LOW 7.28 1/4</u></div>
<div><u> CLOSE7.84 1/2 Down 3 3/4 CLOSE 7.31 Down 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 9.40 369.86 1.45 8.76 344.87</u></div>
<div><u>CK High 1.70 9.55 375.77 1.55 8.86 348.80</u></div>
<div><u>CK Avg 1.64 -0.56 9.49 373.52 1.50 -0.55 8.81 346.83</u></div>
<div><u>Essex Cty 1.70 9.55 375.77 1.50 8.81 346.83</u></div>
<div><u>Mdsx Low 1.60 9.45 371.83 1.50 8.81 346.83</u></div>
<div><u>Mdsx High 1.70 9.55 375.77 1.55 8.86 348.80</u></div>
<div><u>Mdsx Avg 1.63 -0.57 9.48 373.15 1.53 -0.53 8.84 347.82</u></div>
<div><u>Hensall 1.67 9.51 374.46 1.50 8.81 346.83</u></div>
<div><u>Bruce 1.65 9.50 373.80 1.50 8.81 346.83</u></div>
<div><u>Putnam 1.60 9.45 371.83 1.50 8.81 346.83</u></div>
<div><u>Burford 1.60 9.45 371.83 1.50 8.81 346.83</u></div>
<div><u>Port Perry 1.45 9.30 365.93 1.30 8.61 338.96</u></div>
<div><u>Norfolk 1.70 9.55 375.77 1.55 8.86 348.80</u></div>
<div><u>Palmerston 1.73 9.58 376.95 1.49 8.80 346.44</u></div>
<div><u>Varna 1.65 9.50 373.80 1.50 8.81 346.83</u></div>
<div><u>Belmore 1.65 9.50 373.80 1.50 8.81 346.83</u></div>
<div><u>Trenton 1.55 9.40 369.86 1.45 8.76 344.87</u></div>
<div><u>Winchester 1.90 9.75 383.64 1.90 9.21 362.58</u></div>
<div><u>North Gower 1.90 9.75 383.64 1.80 9.11 358.64</u></div>
<div><u>Vankleek Hil 1.88 9.73 382.86 1.69 9.00 354.31</u></div>
<div><u>Huron FOB 1.65 1.70 1.82 2.39 9.50 373.80 1.58 8.89 349.98</u></div>
<div><u>Kent FOB 1.75 9.60 377.74 1.65 8.96 352.74</u></div>
<div><u>Lamb FOB 1.90 9.75 383.64 1.73 9.04 355.89</u></div>
<div><u>Mdsx FOB N/A 1.70 1.75N/A 1.65 8.96 352.74</u></div>
<div><u>FOB SW Que 2.83 10.68 420.26N/A</u></div>
<div><u>Track 2.35 10.19 401.16N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.96 9.27 364.94</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 9.36 368.49</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.35 9.66 380.30</u></div>
<div><u>W O Feed 2.36 10.21 401.75</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.57 10.42 410.02</u></div>
<div><u>Toledo El. -0.20 7.65 301.15 -0.33 6.98 274.96</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.86 348.80</u></div>
<div><u>Prescott 2.19 10.04 395.06 2.42 9.73 383.05</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.55 8.86</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3029 up 0.0117</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> AUG22 HI 16.45 NOV22 HI 15.56 3/4</u></div>
<div><u> LOW 16.21 LOW 15.36 1/2</u></div>
<div><u> CLOSE16.22 1/4 Down 8 1/2 CLOSE 15.37 1/2 Down 5 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 5.15 21.37 785.30 3.90 19.28 708.24</u></div>
<div><u>CK High 5.75 21.97 807.35 4.10 19.48 715.58</u></div>
<div><u>CK Average 5.62 0.54 21.84 802.57 4.02 -0.49 19.40 712.75</u></div>
<div><u>Essex Cty 5.75 21.97 807.35 4.05 19.43 713.75</u></div>
<div><u>Mdsx Low 5.50 21.72 798.17 3.90 19.28 708.24</u></div>
<div><u>Mdsx High 5.75 21.97 807.35 4.10 19.48 715.58</u></div>
<div><u>Mdsx Average5.64 0.55 21.86 803.19 4.01 -0.50 19.39 712.28</u></div>
<div><u>Hensall 5.62 21.84 802.45 3.95 19.33 710.07</u></div>
<div><u>Bruce 5.75 21.97 807.35 4.10 19.48 715.58</u></div>
<div><u>Putnam 5.75 21.97 807.35 4.05 19.43 713.75</u></div>
<div><u>Burford 5.72 21.94 806.25 4.09 19.47 715.22</u></div>
<div><u>Port Perry 5.57 21.79 800.74 3.94 19.32 709.70</u></div>
<div><u>Norfolk 5.75 21.97 807.35 4.15 19.53 717.42</u></div>
<div><u>Palmerston 5.50 21.72 798.17 3.87 19.25 707.13</u></div>
<div><u>Varna 5.55 21.77 800.00 3.90 19.28 708.24</u></div>
<div><u>Trenton N/A 4.00 19.38 711.91</u></div>
<div><u>Winchester 5.15 21.37 785.30 4.10 19.48 715.58</u></div>
<div><u>North Gower 5.00 21.22 779.79 3.85 19.23 706.40</u></div>
<div><u>Vankleek Hil3.81 20.03 736.07 3.76 19.14 703.09</u></div>
<div><u>Huron FOB 5.70 5.83 5.89 4.08 21.92 805.51 4.08 19.46 714.85</u></div>
<div><u>Kent FOB 5.80 22.02 809.19 4.10 19.48 715.58</u></div>
<div><u>Lambton FOB 5.46 21.68 796.70 N/A</u></div>
<div><u>Mdsx FOB 5.76 6.09 6.09 N/A 21.98 807.72 4.52 19.90 731.02</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 6.27 22.49 826.46 4.52 19.90 731.02</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 6.25 22.47 825.72 4.80 20.18 741.30</u></div>
<div><u>Prescott N/A 4.36 19.74 725.14</u></div>
<div><u>Port Colborn N/A 4.90 20.28 744.98</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 1.11 17.33 636.77 -0.46 14.92 548.18</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3029 up 0.0117</u></div>
<div><u>Chicago wheat closed lower.</u></div>
<div><u>JUL22 HI 10.83 3/4 SEP22 HI 10.96</u></div>
<div><u> LOW 10.30 1/4 LOW 10.42 3/4</u></div>
<div><u> CLOSE 10.34 1/4 Down 44 CLOSE 10.46 3/4 Down 43 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed lower.</u></div>
<div><u>JUL22 HI 12.09 1/4 SEP22 HI 12.10</u></div>
<div><u> LOW 11.67 3/4 LOW 11.68 1/4</u></div>
<div><u> CLOSE 11.69 1/2 Down 39 1/2 CLOSE 11.70 Down 39 1/2</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 2.05 N/A</u></div>
<div><u>London 2.29 3.01 2.16 N/A 3.31 2.66 2.20 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 2.00 N/A 2.95 2.40 2.10 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 2.05 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 2.87 2.28 2.76 N/A 2.90 2.31 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 2.29 3.01 2.16 N/A 3.31 2.66 2.20 2.60</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 2.71</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.69 N/A N/A N/A 2.66 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 3.30 N/A N/A N/A 3.17 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.19US 13.28CA 10.19US 13.27CA</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 706.70</u></div>
<div><u>DDG's FOB Srn & Aylm 340.00 - 380.00</u></div>
<br>
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<br>
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<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);" class="elementToProof">
<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews</span><o:p style="color: inherit; font-family: "Courier New"; font-size: 10pt; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"> </o:p><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"">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>
<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"">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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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
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