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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, July 20</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2883 down 0.0014</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP22 HI 6.00 1/2 DEC22 HI 5.97 1/2</u></div>
<div><u> LOW 5.89 LOW 5.85 1/4</u></div>
<div><u> CLOSE5.92 1/4 Down 4 1/2 CLOSE 5.90 Down 5 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 +SEP22+DEC22+DEC22</u></div>
<div><u>CK Low 1.70 7.62 300.08 1.30 7.20 283.45</u></div>
<div><u>CK High 2.00 7.92 311.90 1.45 7.35 289.36</u></div>
<div><u>CK Avg 1.74 0.03 7.67 301.77 1.36 -0.26 7.26 285.98</u></div>
<div><u>Essex Cty 1.70 7.62 300.08 1.30 7.20 283.45</u></div>
<div><u>Mdsx Low 1.70 7.62 300.08 1.35 7.25 285.42</u></div>
<div><u>Mdsx High 1.70 7.62 300.08 1.40 7.30 287.39</u></div>
<div><u>Mdsx Avg 1.70 -0.01 7.62 300.08 1.38 -0.25 7.28 286.40</u></div>
<div><u>Hensall 1.75 7.67 302.05 1.40 7.30 287.39</u></div>
<div><u>Bruce 1.70 7.62 300.08 1.40 7.30 287.39</u></div>
<div><u>Putnam N/A 1.35 7.25 285.42</u></div>
<div><u>Burford 1.70 7.62 300.08 1.40 7.30 287.39</u></div>
<div><u>Port Perry 1.70 7.62 300.08 1.30 7.20 283.45</u></div>
<div><u>Norfolk 1.70 7.62 300.08 1.35 7.25 285.42</u></div>
<div><u>Palmerston 1.71 7.63 300.48 1.32 7.22 284.24</u></div>
<div><u>Varna 1.70 7.62 300.08 1.40 7.30 287.39</u></div>
<div><u>Belmore 1.70 7.62 300.08 1.35 7.25 285.42</u></div>
<div><u>Trenton 1.90 7.82 307.96 1.40 7.30 287.39</u></div>
<div><u>Winchester N/A 1.80 7.70 303.14</u></div>
<div><u>North Gower 1.70 7.62 300.08 1.70 7.60 299.20</u></div>
<div><u>Vankleek Hil 1.70 7.62 300.08 1.47 7.37 290.14</u></div>
<div><u>Huron FOB N/A 1.70 1.75N/A 1.27 7.17 282.27</u></div>
<div><u>Kent FOB 1.75 7.67 302.05 1.35 7.25 285.42</u></div>
<div><u>Lamb FOB N/A 1.37 7.27 286.21</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.35 7.25 285.42</u></div>
<div><u>FOB SW Que 2.37 8.29 326.46N/A</u></div>
<div><u>Track 2.26 8.18 322.13N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.88 1.57 7.47 294.08</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 7.65 301.17</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 2.60 N/A</u></div>
<div><u>W O Feed 2.32 8.25 324.62</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.55 8.47 333.55</u></div>
<div><u>Toledo El. 0.97 6.89 271.20 -0.39 5.51 217.06</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 7.45 293.29</u></div>
<div><u>Prescott 1.95 7.87 309.93 2.00 7.90 311.01</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 7.35</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2883 down 0.0014</u></div>
<div><u>Chicago soybeans closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV22 HI 13.56 1/4 NOV22 HI 13.56 1/4</u></div>
<div><u> LOW 13.27 3/4 LOW 13.27 3/4</u></div>
<div><u> CLOSE13.32 1/4 Down 26 CLOSE 13.32 1/4 Down 26</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 5.70 19.02 698.96 3.50 16.82 618.12</u></div>
<div><u>CK High 6.30 19.62 721.00 3.55 16.87 619.96</u></div>
<div><u>CK Average 6.18 1.82 19.50 716.65 3.54 -0.23 16.86 619.54</u></div>
<div><u>Essex Cty 6.30 19.62 721.00 3.50 16.82 618.12</u></div>
<div><u>Mdsx Low 6.19 19.51 716.96 3.54 16.86 619.59</u></div>
<div><u>Mdsx High 6.30 19.62 721.00 3.55 16.87 619.96</u></div>
<div><u>Mdsx Average6.25 1.87 19.57 719.04 3.55 -0.23 16.87 619.84</u></div>
<div><u>Hensall 6.25 19.57 719.17 3.57 16.89 620.57</u></div>
<div><u>Bruce 6.25 19.57 719.17 3.55 16.87 619.96</u></div>
<div><u>Putnam 6.25 19.57 719.17 3.60 16.92 621.80</u></div>
<div><u>Burford 6.25 19.57 719.17 3.60 16.92 621.80</u></div>
<div><u>Port Perry 6.16 19.48 715.86 3.51 16.83 618.49</u></div>
<div><u>Norfolk 6.30 19.62 721.00 3.60 16.92 621.80</u></div>
<div><u>Palmerston 6.27 19.59 719.90 3.60 16.92 621.80</u></div>
<div><u>Varna 6.25 19.57 719.17 3.55 16.87 619.96</u></div>
<div><u>Trenton N/A 3.60 16.92 621.80</u></div>
<div><u>Winchester N/A 3.56 16.88 620.33</u></div>
<div><u>North Gower 5.67 18.99 697.85 3.55 16.87 619.96</u></div>
<div><u>Vankleek Hil4.03 17.35 637.60 3.27 16.59 609.67</u></div>
<div><u>Huron FOB 6.26 6.26 N/A N/A 19.58 719.53 3.62 16.94 622.53</u></div>
<div><u>Kent FOB 6.30 19.62 721.00 3.55 16.87 619.96</u></div>
<div><u>Lambton FOB 6.05 19.37 711.82 N/A</u></div>
<div><u>Mdsx FOB 6.29 6.29 N/A N/A 19.61 720.64 3.80 17.12 629.14</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 6.80 20.12 739.38 3.76 17.08 627.67</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 6.75 20.07 737.54 4.25 17.57 645.68</u></div>
<div><u>Prescott N/A 3.85 17.17 630.98</u></div>
<div><u>Port Colborn N/A 4.17 17.49 642.74</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 2.34 15.67 575.67 -0.45 12.87 472.95</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2883 down 0.0014</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>SEP22 HI 8.43 1/2 JUL23 HI 8.64 1/2</u></div>
<div><u> LOW 8.01 LOW 8.30</u></div>
<div><u> CLOSE 8.19 1/2 Up 7 1/4 CLOSE 8.43 1/2 Up 2 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.</u></div>
<div><u>SEP22 HI 9.56 SEP23 HI 9.48</u></div>
<div><u> LOW 9.20 1/4 LOW 9.25</u></div>
<div><u> CLOSE 9.24 1/4 Down 5 1/2 CLOSE 9.25 Down 12</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 2.85 2.20 1.56 N/A 2.27 1.88 1.62 N/A</u></div>
<div><u>Hensall 2.90 N/A 1.50 N/A 2.50 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 2.90 N/A 1.50 N/A 2.50 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 2.90 N/A 1.50 N/A 2.50 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 2.10 1.78 N/A N/A N/A 1.33 N/A</u></div>
<div><u>Varna 2.80 2.25 1.50 N/A 2.40 1.90 1.45 N/A</u></div>
<div><u>Mitchell 2.90 2.10 1.50 N/A 2.50 1.80 1.45 N/A</u></div>
<div><u>Thornton 2.85 2.20 1.56 1.95 2.27 1.88 1.62 N/A</u></div>
<div><u>North Gower N/A 1.10 1.50 1.17 N/A 1.05 1.45 0.87</u></div>
<div><u>W O Feed 2.17</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.14 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 2.36 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.95US 10.24CA 8.34US 10.74CA</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 760.06</u></div>
<div><u>DDG's FOB Srn & Aylm 315.00 - 340.00</u></div>
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<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </o:p></span></p>
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<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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