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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, July 19</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2897 down 0.0063</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP22 HI 6.11 DEC22 HI 6.09</u></div>
<div><u> LOW 5.85 3/4 LOW 5.83</u></div>
<div><u> CLOSE5.96 3/4 Down 15 1/2 CLOSE 5.95 1/4 Down 15 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 1.70 7.67 301.86 1.30 7.25 285.52</u></div>
<div><u>CK High 2.00 7.97 313.67 1.45 7.40 291.42</u></div>
<div><u>CK Avg 1.74 0.01 7.71 303.54 1.36 -0.28 7.32 288.05</u></div>
<div><u>Essex Cty 1.70 7.67 301.86 1.30 7.25 285.52</u></div>
<div><u>Mdsx Low 1.70 7.67 301.86 1.35 7.30 287.49</u></div>
<div><u>Mdsx High 1.75 7.72 303.82 1.40 7.35 289.46</u></div>
<div><u>Mdsx Avg 1.72 -0.01 7.68 302.51 1.38 -0.27 7.33 288.47</u></div>
<div><u>Hensall 1.75 7.72 303.82 1.40 7.35 289.46</u></div>
<div><u>Bruce 1.70 7.67 301.86 1.35 7.30 287.49</u></div>
<div><u>Putnam N/A 1.35 7.30 287.49</u></div>
<div><u>Burford 1.70 7.67 301.86 1.40 7.35 289.46</u></div>
<div><u>Port Perry 1.70 7.67 301.86 1.30 7.25 285.52</u></div>
<div><u>Norfolk 1.70 7.67 301.86 1.35 7.30 287.49</u></div>
<div><u>Palmerston 1.73 7.70 303.04 1.33 7.28 286.70</u></div>
<div><u>Varna 1.80 7.77 305.79 1.40 7.35 289.46</u></div>
<div><u>Belmore 1.75 7.72 303.82 1.35 7.30 287.49</u></div>
<div><u>Trenton 1.90 7.87 309.73 1.40 7.35 289.46</u></div>
<div><u>Winchester N/A 1.80 7.75 305.20</u></div>
<div><u>North Gower 1.75 7.72 303.82 1.70 7.65 301.27</u></div>
<div><u>Vankleek Hil 1.80 7.77 305.79 1.53 7.48 294.57</u></div>
<div><u>Huron FOB N/A 1.75 1.77N/A 1.29 7.24 285.12</u></div>
<div><u>Kent FOB 1.75 7.72 303.82 1.35 7.30 287.49</u></div>
<div><u>Lamb FOB N/A 1.37 7.32 288.27</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.35 7.30 287.49</u></div>
<div><u>FOB SW Que 1.83 7.80 306.97N/A</u></div>
<div><u>Track 2.34 8.31 327.05N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.88 1.57 7.52 296.15</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 2.35 1.75 7.70 303.23</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 2.60 N/A</u></div>
<div><u>W O Feed 2.44 8.41 330.89</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.57 8.54 336.11</u></div>
<div><u>Toledo El. 0.97 6.93 273.01 -0.39 5.57 219.11</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 7.50 295.36</u></div>
<div><u>Prescott 2.05 8.02 315.64 2.08 8.03 316.23</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 7.40 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2897 down 0.0063</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV22 HI 13.83 1/2 NOV22 HI 13.83 1/2</u></div>
<div><u> LOW 13.39 LOW 13.39</u></div>
<div><u> CLOSE13.58 1/4 Down 22 CLOSE 13.58 1/4 Down 22</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 +NOV22+NOV22+NOV22</u></div>
<div><u>CK Low 5.80 19.38 712.18 3.60 17.18 631.35</u></div>
<div><u>CK High 6.40 19.98 734.23 3.75 17.33 636.86</u></div>
<div><u>CK Average 6.30 1.83 19.88 730.56 3.66 -0.22 17.24 633.40</u></div>
<div><u>Essex Cty 6.40 19.98 734.23 3.60 17.18 631.35</u></div>
<div><u>Mdsx Low 6.32 19.90 731.29 3.65 17.23 633.19</u></div>
<div><u>Mdsx High 6.40 19.98 734.23 3.66 17.24 633.55</u></div>
<div><u>Mdsx Average6.36 1.88 19.94 732.64 3.65 -0.22 17.24 633.31</u></div>
<div><u>Hensall 6.37 19.95 733.01 3.67 17.25 633.80</u></div>
<div><u>Bruce 6.40 19.98 734.23 3.65 17.23 633.19</u></div>
<div><u>Putnam 6.40 19.98 734.23 3.70 17.28 635.02</u></div>
<div><u>Burford 6.38 19.96 733.50 3.72 17.30 635.76</u></div>
<div><u>Port Perry 6.29 19.87 730.19 3.63 17.21 632.45</u></div>
<div><u>Norfolk 6.40 19.98 734.23 3.70 17.28 635.02</u></div>
<div><u>Palmerston 6.36 19.94 732.76 3.67 17.25 633.92</u></div>
<div><u>Varna 6.35 19.93 732.39 3.65 17.23 633.19</u></div>
<div><u>Trenton N/A 3.70 17.28 635.02</u></div>
<div><u>Winchester N/A 3.66 17.24 633.55</u></div>
<div><u>North Gower 5.69 19.27 708.14 3.60 17.18 631.35</u></div>
<div><u>Vankleek Hil4.23 17.81 654.50 3.47 17.05 626.57</u></div>
<div><u>Huron FOB 6.34 6.34 N/A N/A 19.92 732.03 3.69 17.27 634.66</u></div>
<div><u>Kent FOB 6.50 20.08 737.91 3.65 17.23 633.19</u></div>
<div><u>Lambton FOB 6.10 19.68 723.21 N/A</u></div>
<div><u>Mdsx FOB 6.42 6.42 N/A N/A 20.00 734.97 3.92 17.50 643.11</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 6.89 20.47 752.24 3.85 17.43 640.53</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 6.85 20.43 750.77 4.35 17.93 658.91</u></div>
<div><u>Prescott N/A 3.93 17.51 643.47</u></div>
<div><u>Port Colborn N/A 4.29 17.87 656.70</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 2.37 15.96 586.27 -0.45 13.13 482.48</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2897 down 0.0063</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>SEP22 HI 8.22 1/4 JUL23 HI 8.50</u></div>
<div><u> LOW 7.92 1/2 LOW 8.25</u></div>
<div><u> CLOSE 8.12 1/4 Down 1/2 CLOSE 8.41 1/4 Down 2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>SEP22 HI 9.39 SEP23 HI 9.40 3/4</u></div>
<div><u> LOW 9.17 1/4 LOW 9.25</u></div>
<div><u> CLOSE 9.29 3/4 Down 9 1/4 CLOSE 9.37 Down 7 1/4</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 1.50 N/A N/A N/A 1.50 N/A</u></div>
<div><u>London 2.81 2.23 1.52 N/A 2.26 1.93 1.61 N/A</u></div>
<div><u>Hensall 2.70 N/A 1.50 N/A 2.30 N/A 1.45 N/A</u></div>
<div><u>Trenton N/A N/A 1.50 N/A N/A N/A 1.50 N/A</u></div>
<div><u>Bruce 2.60 2.10 1.50 1.60 2.30 1.80 1.45 N/A</u></div>
<div><u>Essex N/A N/A 1.40 N/A N/A N/A 1.50 N/A</u></div>
<div><u>Norwich 2.70 N/A 1.50 N/A 2.30 N/A 1.45 N/A</u></div>
<div><u>Port Hope N/A N/A 1.50 N/A N/A N/A 1.50 N/A</u></div>
<div><u>Kent Bridge 2.70 N/A 1.50 N/A 2.30 N/A 1.45 N/A</u></div>
<div><u>Chatham N/A N/A 1.50 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Brigden N/A N/A 1.50 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Palmerston N/A 2.09 1.77 N/A N/A N/A 1.33 N/A</u></div>
<div><u>Varna 2.60 2.10 1.50 N/A 2.05 1.80 1.45 N/A</u></div>
<div><u>Mitchell 2.70 2.10 1.50 N/A 2.30 1.80 1.45 N/A</u></div>
<div><u>Thornton 2.81 2.23 1.52 1.95 2.26 1.93 1.61 N/A</u></div>
<div><u>North Gower N/A 1.20 1.60 1.17 N/A 1.10 1.50 0.87</u></div>
<div><u>W O Feed 2.07</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.10 N/A N/A N/A 1.94 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.35 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.87US 10.15CA 8.31US 10.72CA</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 758.40</u></div>
<div><u>DDG's FOB Srn & Aylm 315.00 - 340.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</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: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>
<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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