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<span class="elementToProof">Note: On the corn report, old crop bids are now over the September Future.</span></div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, June 24</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2907 down 0.0095</u></div>
<div><u>Chicago corn closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP22 HI 6.84 1/2 DEC22 HI 6.76 1/2</u></div>
<div><u> LOW 6.61 1/4 LOW 6.51 1/2</u></div>
<div><u> CLOSE6.82 3/4 Up 16 CLOSE 6.74 Up 18 1/2</u></div>
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</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 +SEP22+SEP22+DEC22</u></div>
<div><u>CK Low 2.15 8.98 353.43 1.40 8.14 320.46</u></div>
<div><u>CK High 2.23 9.06 356.58 1.50 8.24 324.39</u></div>
<div><u>CK Avg 2.16 0.14 8.99 353.88 1.46 -0.38 8.20 322.99</u></div>
<div><u>Essex Cty 2.15 8.98 353.43 1.40 8.14 320.46</u></div>
<div><u>Mdsx Low 2.15 8.98 353.43 1.45 8.19 322.43</u></div>
<div><u>Mdsx High 2.15 8.98 353.43 1.45 8.19 322.43</u></div>
<div><u>Mdsx Avg 2.15 0.13 8.98 353.43 1.45 -0.39 8.19 322.43</u></div>
<div><u>Hensall 2.17 8.99 354.08 1.48 8.22 323.74</u></div>
<div><u>Bruce 2.18 9.01 354.61 1.45 8.19 322.43</u></div>
<div><u>Putnam 2.15 8.98 353.43 1.50 8.24 324.39</u></div>
<div><u>Burford 2.15 8.98 353.43 1.45 8.19 322.43</u></div>
<div><u>Port Perry 2.05 8.88 349.49 1.30 8.04 316.52</u></div>
<div><u>Norfolk 2.15 8.98 353.43 1.45 8.19 322.43</u></div>
<div><u>Palmerston 2.23 9.06 356.58 1.51 8.25 324.79</u></div>
<div><u>Varna 2.15 8.98 353.43 1.45 8.19 322.43</u></div>
<div><u>Belmore 2.08 8.91 350.67 1.45 8.19 322.43</u></div>
<div><u>Trenton 2.18 9.01 354.61 1.45 8.19 322.43</u></div>
<div><u>Winchester 2.58 9.41 370.36 1.90 8.64 340.14</u></div>
<div><u>North Gower 2.53 9.36 368.39 1.80 8.54 336.20</u></div>
<div><u>Vankleek Hil 2.22 9.05 356.18 1.65 8.39 330.30</u></div>
<div><u>Huron FOB N/A N/A 2.17 2.28 1.45 8.19 322.43</u></div>
<div><u>Kent FOB N/A 1.45 8.19 322.43</u></div>
<div><u>Lamb FOB N/A 1.58 8.32 327.54</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.50 8.24 324.39</u></div>
<div><u>FOB SW Que 3.62 10.45 411.30N/A</u></div>
<div><u>Track 2.80 9.62 378.82N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.74 8.48 333.84</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 8.79 346.05</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.35 9.09 357.86</u></div>
<div><u>W O Feed 2.82 9.64 379.61</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 3.05 9.88 388.86</u></div>
<div><u>Toledo El. 0.75 7.58 298.26 -0.32 6.42 252.64</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 8.29 326.36</u></div>
<div><u>Prescott 2.52 9.35 367.99 2.26 9.00 354.31</u></div>
<div><u><br>
</u></div>
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</u></div>
<div><u>HI SD CRN 1.50 8.24</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2907 down 0.0095</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> AUG22 HI 15.29 1/2 NOV22 HI 14.33</u></div>
<div><u> LOW 14.94 3/4 LOW 13.99 1/4</u></div>
<div><u> CLOSE15.20 3/4 Up 13 1/2 CLOSE 14.24 1/4 Up 8 3/4</u></div>
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</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 20.01 735.15 3.70 17.94 659.27</u></div>
<div><u>CK High 5.30 20.51 753.52 3.75 17.99 661.11</u></div>
<div><u>CK Average 5.22 0.62 20.43 750.74 3.74 -0.31 17.99 660.85</u></div>
<div><u>Essex Cty 5.30 20.51 753.52 3.70 17.94 659.27</u></div>
<div><u>Mdsx Low 5.00 20.21 742.50 3.50 17.74 651.93</u></div>
<div><u>Mdsx High 5.30 20.51 753.52 3.77 18.01 661.85</u></div>
<div><u>Mdsx Average5.20 0.60 20.40 749.72 3.67 -0.36 17.92 658.29</u></div>
<div><u>Hensall 5.30 20.51 753.52 3.80 18.04 662.95</u></div>
<div><u>Bruce 5.30 20.51 753.52 3.75 17.99 661.11</u></div>
<div><u>Putnam 5.30 20.51 753.52 3.80 18.04 662.95</u></div>
<div><u>Burford 5.35 20.56 755.36 3.83 18.07 664.05</u></div>
<div><u>Port Perry 5.26 20.47 752.05 3.74 17.98 660.74</u></div>
<div><u>Norfolk 5.30 20.51 753.52 3.80 18.04 662.95</u></div>
<div><u>Palmerston 5.36 20.57 755.73 3.78 18.02 662.21</u></div>
<div><u>Varna 5.30 20.51 753.52 3.80 18.04 662.95</u></div>
<div><u>Trenton N/A 3.80 18.04 662.95</u></div>
<div><u>Winchester 4.80 20.01 735.15 3.76 18.00 661.48</u></div>
<div><u>North Gower 5.00 20.21 742.50 3.90 18.14 666.62</u></div>
<div><u>Vankleek Hil3.48 18.69 686.65 3.51 17.75 652.29</u></div>
<div><u>Huron FOB 5.25 5.62 5.38 3.76 20.46 751.68 3.76 18.00 661.48</u></div>
<div><u>Kent FOB 5.35 20.56 755.36 3.75 17.99 661.11</u></div>
<div><u>Lambton FOB 5.12 20.33 746.91 N/A</u></div>
<div><u>Mdsx FOB 5.26 5.58 5.58 N/A 20.47 752.05 4.00 18.24 670.30</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.75 20.96 770.06 3.98 18.22 669.56</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.80 21.01 771.89 4.45 18.69 686.83</u></div>
<div><u>Prescott N/A 4.08 18.32 673.24</u></div>
<div><u>Port Colborn N/A 4.40 18.64 684.99</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 1.10 16.30 599.09 -0.45 13.79 506.72</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2907 down 0.0095</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>JUL22 HI 9.62 1/2 SEP22 HI 9.73</u></div>
<div><u> LOW 9.21 3/4 LOW 9.34 1/4</u></div>
<div><u> CLOSE 9.23 3/4 Down 13 1/2 CLOSE 9.36 1/2 Down 12 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>JUL22 HI 10.92 1/4 SEP22 HI 10.91 1/2</u></div>
<div><u> LOW 10.67 3/4 LOW 10.67 1/2</u></div>
<div><u> CLOSE 10.70 3/4 Down 9 3/4 CLOSE 10.70 1/2 Down 9 1/4</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 1.84 2.56 1.78 N/A 2.91 2.27 1.81 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 2.45 1.86 2.36 N/A 2.49 1.90 N/A</u></div>
<div><u>Varna 2.15 2.65 1.90 N/A 3.05 2.55 2.00 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 1.84 2.56 1.78 N/A 2.91 2.27 1.81 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 2.31</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.30 N/A N/A N/A 2.27 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 2.72 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 9.09US 11.73CA 9.09US 11.73CA</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 700.64</u></div>
<div><u>DDG's FOB Srn & Aylm 340.00 - 360.00</u></div>
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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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