FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, July 20 (All Bases in CAD) Exchange rate was 1.2883 down 0.0014 Chicago corn closed slightly lower. SEP22 HI 6.00 1/2 DEC22 HI 5.97 1/2 LOW 5.89 LOW 5.85 1/4 CLOSE5.92 1/4 Down 4 1/2 CLOSE 5.90 Down 5 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP22+DEC22+DEC22 CK Low 1.70 7.62 300.08 1.30 7.20 283.45 CK High 2.00 7.92 311.90 1.45 7.35 289.36 CK Avg 1.74 0.03 7.67 301.77 1.36 -0.26 7.26 285.98 Essex Cty 1.70 7.62 300.08 1.30 7.20 283.45 Mdsx Low 1.70 7.62 300.08 1.35 7.25 285.42 Mdsx High 1.70 7.62 300.08 1.40 7.30 287.39 Mdsx Avg 1.70 -0.01 7.62 300.08 1.38 -0.25 7.28 286.40 Hensall 1.75 7.67 302.05 1.40 7.30 287.39 Bruce 1.70 7.62 300.08 1.40 7.30 287.39 Putnam N/A 1.35 7.25 285.42 Burford 1.70 7.62 300.08 1.40 7.30 287.39 Port Perry 1.70 7.62 300.08 1.30 7.20 283.45 Norfolk 1.70 7.62 300.08 1.35 7.25 285.42 Palmerston 1.71 7.63 300.48 1.32 7.22 284.24 Varna 1.70 7.62 300.08 1.40 7.30 287.39 Belmore 1.70 7.62 300.08 1.35 7.25 285.42 Trenton 1.90 7.82 307.96 1.40 7.30 287.39 Winchester N/A 1.80 7.70 303.14 North Gower 1.70 7.62 300.08 1.70 7.60 299.20 Vankleek Hil 1.70 7.62 300.08 1.47 7.37 290.14 Huron FOB N/A 1.70 1.75N/A 1.27 7.17 282.27 Kent FOB 1.75 7.67 302.05 1.35 7.25 285.42 Lamb FOB N/A 1.37 7.27 286.21 Mdsx FOB N/A N/A N/A N/A 1.35 7.25 285.42 FOB SW Que 2.37 8.29 326.46N/A Track 2.26 8.18 322.13N/A PROCESSORS Chat-Eth N/A N/A N/A 1.88 1.57 7.47 294.08 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A 2.35 1.75 7.65 301.17 Cardnl-Ing N/A N/A N/A 2.60 N/A W O Feed 2.32 8.25 324.62 US Rep 2.55 8.47 333.55 Toledo El. 0.97 6.89 271.20 -0.39 5.51 217.06 TRANSFER Pt. Colb N/A 1.55 7.45 293.29 Prescott 1.95 7.87 309.93 2.00 7.90 311.01 HI SD CRN 1.45 7.35 *Wet Bid Exchange rate was 1.2883 down 0.0014 Chicago soybeans closed moderately lower. NOV22 HI 13.56 1/4 NOV22 HI 13.56 1/4 LOW 13.27 3/4 LOW 13.27 3/4 CLOSE13.32 1/4 Down 26 CLOSE 13.32 1/4 Down 26 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+NOV22 CK Low 5.70 19.02 698.96 3.50 16.82 618.12 CK High 6.30 19.62 721.00 3.55 16.87 619.96 CK Average 6.18 1.82 19.50 716.65 3.54 -0.23 16.86 619.54 Essex Cty 6.30 19.62 721.00 3.50 16.82 618.12 Mdsx Low 6.19 19.51 716.96 3.54 16.86 619.59 Mdsx High 6.30 19.62 721.00 3.55 16.87 619.96 Mdsx Average6.25 1.87 19.57 719.04 3.55 -0.23 16.87 619.84 Hensall 6.25 19.57 719.17 3.57 16.89 620.57 Bruce 6.25 19.57 719.17 3.55 16.87 619.96 Putnam 6.25 19.57 719.17 3.60 16.92 621.80 Burford 6.25 19.57 719.17 3.60 16.92 621.80 Port Perry 6.16 19.48 715.86 3.51 16.83 618.49 Norfolk 6.30 19.62 721.00 3.60 16.92 621.80 Palmerston 6.27 19.59 719.90 3.60 16.92 621.80 Varna 6.25 19.57 719.17 3.55 16.87 619.96 Trenton N/A 3.60 16.92 621.80 Winchester N/A 3.56 16.88 620.33 North Gower 5.67 18.99 697.85 3.55 16.87 619.96 Vankleek Hil4.03 17.35 637.60 3.27 16.59 609.67 Huron FOB 6.26 6.26 N/A N/A 19.58 719.53 3.62 16.94 622.53 Kent FOB 6.30 19.62 721.00 3.55 16.87 619.96 Lambton FOB 6.05 19.37 711.82 N/A Mdsx FOB 6.29 6.29 N/A N/A 19.61 720.64 3.80 17.12 629.14 PROCESSORS Windsor 6.80 20.12 739.38 3.76 17.08 627.67 TRANSFER Hamilton 6.75 20.07 737.54 4.25 17.57 645.68 Prescott N/A 3.85 17.17 630.98 Port Colborn N/A 4.17 17.49 642.74 Toledo El. 2.34 15.67 575.67 -0.45 12.87 472.95 Exchange rate was 1.2883 down 0.0014 Chicago wheat closed slightly higher. SEP22 HI 8.43 1/2 JUL23 HI 8.64 1/2 LOW 8.01 LOW 8.30 CLOSE 8.19 1/2 Up 7 1/4 CLOSE 8.43 1/2 Up 2 1/4 Minni wheat closed slightly to moderately lower. SEP22 HI 9.56 SEP23 HI 9.48 LOW 9.20 1/4 LOW 9.25 CLOSE 9.24 1/4 Down 5 1/2 CLOSE 9.25 Down 12 Direct MarkHarvest 2022 Harvest 2023 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 1.50 N/A N/A N/A 1.50 N/A London 2.85 2.20 1.56 N/A 2.27 1.88 1.62 N/A Hensall 2.90 N/A 1.50 N/A 2.50 N/A 1.45 N/A Trenton N/A N/A 1.50 N/A N/A N/A 1.50 N/A Bruce 2.60 2.10 1.50 1.60 2.30 1.80 1.45 N/A Essex N/A N/A 1.40 N/A N/A N/A 1.50 N/A Norwich 2.90 N/A 1.50 N/A 2.50 N/A 1.45 N/A Port Hope N/A N/A 1.50 N/A N/A N/A 1.50 N/A Kent Bridge 2.90 N/A 1.50 N/A 2.50 N/A 1.45 N/A Chatham N/A N/A 1.50 N/A N/A N/A 1.55 N/A Brigden N/A N/A 1.50 N/A N/A N/A 1.55 N/A Palmerston N/A 2.10 1.78 N/A N/A N/A 1.33 N/A Varna 2.80 2.25 1.50 N/A 2.40 1.90 1.45 N/A Mitchell 2.90 2.10 1.50 N/A 2.50 1.80 1.45 N/A Thornton 2.85 2.20 1.56 1.95 2.27 1.88 1.62 N/A North Gower N/A 1.10 1.50 1.17 N/A 1.05 1.45 0.87 W O Feed 2.17 TERMINAL Port Colbor N/A N/A 2.14 N/A N/A N/A 1.95 N/A PROCESSORS Toledo FM N/A N/A 2.36 N/A N/A N/A N/A N/A Toledo El. 7.95US 10.24CA 8.34US 10.74CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 760.06 DDG's FOB Srn & Aylm 315.00 - 340.00