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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 23</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3002 up 0.0060</u></div>
<div><u>Chicago corn closed lower to sharply lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.67 1/4 DEC22 HI 6.92 3/4</u></div>
<div><u> LOW 7.34 1/2 LOW 6.45 1/2</u></div>
<div><u> CLOSE7.46 3/4 Down 21 1/4 CLOSE 6.55 1/2 Down 38 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 1.35 8.82 347.13 1.40 7.96 313.17</u></div>
<div><u>CK High 1.65 9.12 358.94 1.50 8.06 317.11</u></div>
<div><u>CK Avg 1.58 -0.51 9.05 356.13 1.46 -0.39 8.02 315.71</u></div>
<div><u>Essex Cty 1.60 9.07 356.97 1.40 7.96 313.17</u></div>
<div><u>Mdsx Low 1.35 8.82 347.13 1.45 8.01 315.14</u></div>
<div><u>Mdsx High 1.65 9.12 358.94 1.45 8.01 315.14</u></div>
<div><u>Mdsx Avg 1.53 -0.54 9.00 354.35 1.45 -0.40 8.01 315.14</u></div>
<div><u>Hensall 1.60 9.07 356.97 1.48 8.04 316.46</u></div>
<div><u>Bruce 1.50 8.97 353.03 1.45 8.01 315.14</u></div>
<div><u>Putnam 1.65 9.12 358.94 1.50 8.06 317.11</u></div>
<div><u>Burford 1.35 8.82 347.13 1.45 8.01 315.14</u></div>
<div><u>Port Perry 1.25 8.72 343.19 1.30 7.86 309.24</u></div>
<div><u>Norfolk 1.60 9.07 356.97 1.45 8.01 315.14</u></div>
<div><u>Palmerston 1.60 9.07 356.97 1.52 8.08 317.90</u></div>
<div><u>Varna 1.50 8.97 353.03 1.45 8.01 315.14</u></div>
<div><u>Belmore 1.50 8.97 353.03 1.45 8.01 315.14</u></div>
<div><u>Trenton 1.50 8.97 353.03 1.45 8.01 315.14</u></div>
<div><u>Winchester 1.90 9.37 368.78 1.90 8.46 332.86</u></div>
<div><u>North Gower 1.85 9.32 366.81 1.80 8.36 328.92</u></div>
<div><u>Vankleek Hil 1.42 8.89 349.89 1.53 8.09 318.29</u></div>
<div><u>Huron FOB N/A N/A 1.53 2.35 1.45 8.01 315.14</u></div>
<div><u>Kent FOB N/A 1.50 8.06 317.11</u></div>
<div><u>Lamb FOB N/A 1.69 8.25 324.59</u></div>
<div><u>Mdsx FOB N/A 1.70 1.75N/A 1.60 8.16 321.05</u></div>
<div><u>FOB SW Que 2.94 10.41 409.73N/A</u></div>
<div><u>Track 2.18 9.64 379.61N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.96 8.52 335.22</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 8.61 338.76</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.35 8.91 350.57</u></div>
<div><u>W O Feed 2.21 9.67 380.79</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.43 9.90 389.65</u></div>
<div><u>Toledo El. -0.13 7.34 288.86 -0.33 6.23 245.26</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.11 319.08</u></div>
<div><u>Prescott 1.75 9.22 362.88 2.27 8.83 347.42</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.50 8.05 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3002 up 0.0060</u></div>
<div><u>Chicago soybeans closed lower to sharply lower.</u></div>
<div><u><br>
</u></div>
<div><u> AUG22 HI 15.66 NOV22 HI 14.78 1/2</u></div>
<div><u> LOW 15.00 LOW 14.09 1/4</u></div>
<div><u> CLOSE15.07 1/4 Down 56 3/4 CLOSE 14.15 1/2 Down 61</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 4.80 19.87 730.19 3.70 17.86 656.06</u></div>
<div><u>CK High 5.32 20.39 749.30 3.77 17.93 658.63</u></div>
<div><u>CK Average 5.23 0.54 20.30 746.04 3.75 -0.39 17.90 657.74</u></div>
<div><u>Essex Cty 5.30 20.37 748.56 3.70 17.86 656.06</u></div>
<div><u>Mdsx Low 5.30 20.37 748.56 3.75 17.91 657.90</u></div>
<div><u>Mdsx High 5.50 20.57 755.91 3.85 18.01 661.57</u></div>
<div><u>Mdsx Average5.38 0.66 20.45 751.50 3.80 -0.35 17.95 659.61</u></div>
<div><u>Hensall 5.47 20.54 754.69 3.87 18.02 662.18</u></div>
<div><u>Bruce 5.30 20.37 748.56 3.75 17.91 657.90</u></div>
<div><u>Putnam 5.30 20.37 748.56 3.80 17.96 659.73</u></div>
<div><u>Burford 5.40 20.47 752.24 3.85 18.01 661.57</u></div>
<div><u>Port Perry 5.25 20.32 746.72 3.70 17.86 656.06</u></div>
<div><u>Norfolk 5.30 20.37 748.56 3.80 17.96 659.73</u></div>
<div><u>Palmerston 5.40 20.47 752.24 3.87 18.03 662.31</u></div>
<div><u>Varna 5.55 20.62 757.75 3.90 18.06 663.41</u></div>
<div><u>Trenton N/A 3.80 17.96 659.73</u></div>
<div><u>Winchester 4.80 19.87 730.19 3.76 17.92 658.26</u></div>
<div><u>North Gower 5.00 20.07 737.54 3.90 18.06 663.41</u></div>
<div><u>Vankleek Hil3.57 18.64 684.99 3.55 17.71 650.55</u></div>
<div><u>Huron FOB 5.29 5.36 5.42 3.81 20.36 748.19 3.81 17.97 660.10</u></div>
<div><u>Kent FOB 5.35 20.42 750.40 3.75 17.91 657.90</u></div>
<div><u>Lambton FOB 5.55 20.62 757.75 N/A</u></div>
<div><u>Mdsx FOB 5.31 5.63 5.63 N/A 20.38 748.93 4.08 18.24 670.02</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.84 20.91 768.40 4.07 18.23 669.65</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.80 20.87 766.93 4.45 18.61 683.62</u></div>
<div><u>Prescott N/A 4.15 18.31 672.59</u></div>
<div><u>Port Colborn N/A 4.46 18.62 683.98</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 1.11 16.18 594.43 -0.46 13.70 503.39</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3002 up 0.0060</u></div>
<div><u>Chicago wheat closed lower.</u></div>
<div><u>JUL22 HI 9.74 1/2 SEP22 HI 9.87</u></div>
<div><u> LOW 9.34 1/2 LOW 9.46 1/2</u></div>
<div><u> CLOSE 9.37 1/4 Down 39 1/4 CLOSE 9.49 1/4 Down 39 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed lower.</u></div>
<div><u>JUL22 HI 11.06 SEP22 HI 11.05 1/4</u></div>
<div><u> LOW 10.79 LOW 10.77 1/2</u></div>
<div><u> CLOSE 10.80 1/2 Down 25 1/2 CLOSE 10.79 3/4 Down 26</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 1.86 2.58 1.80 N/A 2.93 2.29 1.83 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 3.00 2.40 2.05 1.50</u></div>
<div><u>Essex N/A N/A 1.80 N/A N/A N/A 1.95 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 1.80 N/A N/A N/A 1.95 N/A</u></div>
<div><u>Brigden N/A N/A 1.80 N/A N/A N/A 1.95 N/A</u></div>
<div><u>Palmerston N/A 2.58 1.99 2.48 N/A 2.61 2.03 N/A</u></div>
<div><u>Varna 2.20 2.70 1.95 N/A 3.10 2.55 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 1.86 2.58 1.80 N/A 2.93 2.29 1.83 2.18</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 2.37</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.32 N/A N/A N/A 2.29 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.97 N/A N/A N/A 2.85 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 9.22US 11.99CA 9.22US 11.99CA</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 694.14</u></div>
<div><u>DDG's FOB Srn & Aylm 340.00 - 360.00</u></div>
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<u><br>
</u></div>
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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>
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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>
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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
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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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