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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, July 12</u>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2991 up 0.0007</u></div>
<div><u>Chicago corn closed sharply lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP22 HI 6.41 3/4 DEC22 HI 6.34 1/4</u></div>
<div><u> LOW 5.91 1/4 LOW 5.82 1/2</u></div>
<div><u> CLOSE5.94 Down 43 CLOSE 5.86 1/2 Down 42 1/2</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 +SEP22+DEC22+DEC22</u></div>
<div><u>CK Low 1.90 7.84 308.65 1.30 7.17 282.07</u></div>
<div><u>CK High 2.10 8.04 316.52 1.45 7.32 287.98</u></div>
<div><u>CK Avg 2.00 0.17 7.94 312.58 1.36 -0.31 7.22 284.32</u></div>
<div><u>Essex Cty 2.00 7.94 312.58 1.30 7.17 282.07</u></div>
<div><u>Mdsx Low 1.90 7.84 308.65 1.35 7.22 284.04</u></div>
<div><u>Mdsx High 2.00 7.94 312.58 1.35 7.22 284.04</u></div>
<div><u>Mdsx Avg 1.97 0.15 7.91 311.27 1.35 -0.31 7.22 284.04</u></div>
<div><u>Hensall 2.02 7.96 313.24 1.37 7.23 284.70</u></div>
<div><u>Bruce 2.00 7.94 312.58 1.35 7.22 284.04</u></div>
<div><u>Putnam 2.00 7.94 312.58 1.40 7.27 286.01</u></div>
<div><u>Burford 1.90 7.84 308.65 1.35 7.22 284.04</u></div>
<div><u>Port Perry 1.80 7.74 304.71 1.25 7.12 280.11</u></div>
<div><u>Norfolk 2.00 7.94 312.58 1.35 7.22 284.04</u></div>
<div><u>Palmerston 1.91 7.85 309.04 1.30 7.17 282.07</u></div>
<div><u>Varna 2.00 7.94 312.58 1.35 7.22 284.04</u></div>
<div><u>Belmore 2.00 7.94 312.58 1.35 7.22 284.04</u></div>
<div><u>Trenton 2.00 7.94 312.58 1.35 7.22 284.04</u></div>
<div><u>Winchester 1.90 7.84 308.65 2.00 7.87 309.63</u></div>
<div><u>North Gower 1.80 7.74 304.71 1.75 7.62 299.79</u></div>
<div><u>Vankleek Hil 1.80 7.74 304.71 1.61 7.48 294.28</u></div>
<div><u>Huron FOB N/A 1.96 2.12N/A 1.39 7.26 285.62</u></div>
<div><u>Kent FOB 2.05 7.99 314.55 1.35 7.22 284.04</u></div>
<div><u>Lamb FOB N/A 1.52 7.39 290.73</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A N/A</u></div>
<div><u>FOB SW Que 2.00 7.94 312.58N/A</u></div>
<div><u>Track 2.47 8.41 330.89N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 2.02 1.71 7.58 298.21</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 2.45 1.85 7.72 303.73</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 2.70 2.20 8.07 317.51</u></div>
<div><u>W O Feed 2.53 8.47 333.45</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.63 8.57 337.39</u></div>
<div><u>Toledo El. 0.97 6.91 272.21 -0.39 5.48 215.55</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.40 7.27 286.01</u></div>
<div><u>Prescott 2.12 8.06 317.31 2.15 8.02 315.54</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 7.31 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 1.2991 up 0.0007</u></div>
<div><u>Chicago soybeans closed lower to sharply lower.</u></div>
<div><u><br>
</u></div>
<div><u> AUG22 HI 15.33 1/2 NOV22 HI 14.18</u></div>
<div><u> LOW 14.59 1/4 LOW 13.39 1/4</u></div>
<div><u> CLOSE14.68 1/4 Down 53 3/4 CLOSE 13.43 Down 62</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+NOV22+NOV22</u></div>
<div><u>CK Low 5.15 19.83 728.72 3.60 17.03 625.75</u></div>
<div><u>CK High 5.45 20.13 739.74 3.80 17.23 633.09</u></div>
<div><u>CK Average 5.33 0.72 20.01 735.15 3.73 -0.22 17.16 630.68</u></div>
<div><u>Essex Cty 5.30 19.98 734.23 3.70 17.13 629.42</u></div>
<div><u>Mdsx Low 5.17 19.85 729.45 3.65 17.08 627.58</u></div>
<div><u>Mdsx High 5.35 20.03 736.07 3.81 17.24 633.46</u></div>
<div><u>Mdsx Average5.27 0.68 19.96 733.25 3.74 -0.22 17.17 630.77</u></div>
<div><u>Hensall 5.43 20.12 739.13 3.75 17.18 631.26</u></div>
<div><u>Bruce 5.15 19.83 728.72 3.75 17.18 631.26</u></div>
<div><u>Putnam 5.45 20.13 739.74 3.80 17.23 633.09</u></div>
<div><u>Burford 5.23 19.91 731.66 3.87 17.30 635.67</u></div>
<div><u>Port Perry 5.14 19.82 728.35 3.78 17.21 632.36</u></div>
<div><u>Norfolk 5.30 19.98 734.23 3.80 17.23 633.09</u></div>
<div><u>Palmerston 5.31 19.99 734.60 3.57 17.00 624.64</u></div>
<div><u>Varna 5.35 20.03 736.07 3.65 17.08 627.58</u></div>
<div><u>Trenton N/A 3.70 17.13 629.42</u></div>
<div><u>Winchester N/A 3.82 17.25 633.83</u></div>
<div><u>North Gower 4.50 19.18 704.84 3.60 17.03 625.75</u></div>
<div><u>Vankleek Hil3.13 17.81 654.50 3.62 17.05 626.48</u></div>
<div><u>Huron FOB 5.37 5.37 N/A N/A 20.05 736.80 3.84 17.27 634.56</u></div>
<div><u>Kent FOB 5.40 20.08 737.91 3.75 17.18 631.26</u></div>
<div><u>Lambton FOB 5.32 20.00 734.97 N/A</u></div>
<div><u>Mdsx FOB 5.40 5.40 N/A N/A 20.08 737.91 4.17 17.60 646.69</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.87 20.55 755.18 3.94 17.37 638.24</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.80 20.48 752.60 4.45 17.88 656.98</u></div>
<div><u>Prescott N/A 4.05 17.48 642.28</u></div>
<div><u>Port Colborn N/A 4.61 18.04 662.86</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.84 15.53 570.52 -0.45 12.98 476.76</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2991 up 0.0007</u></div>
<div><u>Chicago wheat closed lower.</u></div>
<div><u>SEP22 HI 8.69 1/2 JUL23 HI 8.91 1/2</u></div>
<div><u> LOW 8.10 LOW 8.36</u></div>
<div><u> CLOSE 8.14 1/4 Down 42 1/4 CLOSE 8.39 1/2 Down 36</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed lower.</u></div>
<div><u>SEP22 HI 9.65 SEP23 HI 9.38 3/4</u></div>
<div><u> LOW 9.11 1/2 LOW 9.13 1/2</u></div>
<div><u> CLOSE 9.18 3/4 Down 45 CLOSE 9.19 1/2 Down 32 1/2</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2022 Harvest 2023</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 1.65 N/A N/A N/A 1.70 N/A</u></div>
<div><u>London 2.99 2.41 1.63 N/A 2.41 2.08 1.56 N/A</u></div>
<div><u>Hensall 2.75 N/A 1.55 N/A 2.40 N/A 1.60 N/A</u></div>
<div><u>Trenton N/A N/A 1.65 N/A N/A N/A 1.70 N/A</u></div>
<div><u>Bruce 2.75 2.25 1.65 1.60 2.30 2.05 1.70 N/A</u></div>
<div><u>Essex N/A N/A 1.55 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Norwich 2.75 N/A 1.55 N/A 2.40 N/A 1.60 N/A</u></div>
<div><u>Port Hope N/A N/A 1.65 N/A N/A N/A 1.70 N/A</u></div>
<div><u>Kent Bridge 2.75 N/A 1.55 N/A 2.40 N/A 1.60 N/A</u></div>
<div><u>Chatham N/A N/A 1.65 N/A N/A N/A 1.60 N/A</u></div>
<div><u>Brigden N/A N/A 1.65 N/A N/A N/A 1.60 N/A</u></div>
<div><u>Palmerston N/A 2.17 1.85 N/A N/A N/A 1.40 N/A</u></div>
<div><u>Varna 2.75 2.25 1.65 N/A 2.30 2.05 1.70 N/A</u></div>
<div><u>Mitchell 2.75 2.25 1.55 N/A 2.40 2.05 1.60 N/A</u></div>
<div><u>Thornton 2.99 2.41 1.63 2.10 2.41 2.08 1.56 N/A</u></div>
<div><u>North Gower N/A 1.25 1.65 1.12 N/A 1.15 1.55 0.82</u></div>
<div><u>W O Feed 2.14</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.15 N/A N/A N/A 1.95 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.44 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.89US 10.25CA 8.30US 10.78CA</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 760.39</u></div>
<div><u>DDG's FOB Srn & Aylm 330.00 - 340.00</u></div>
<div><u><br>
</u></div>
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</u></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: 10pt; font-family: "Courier New";">Blair Andrews<o:p style=""> </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>
<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>
<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: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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