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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, July 21</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2896 up 0.0013</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP22 HI 5.93 1/2 DEC22 HI 5.91</u></div>
<div><u> LOW 5.72 3/4 LOW 5.70</u></div>
<div><u> CLOSE5.75 3/4 Down 16 1/2 CLOSE 5.73 1/2 Down 16 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 7.46 293.59 1.30 7.04 276.96</u></div>
<div><u>CK High 2.00 7.76 305.40 1.45 7.19 282.86</u></div>
<div><u>CK Avg 1.74 0.06 7.50 295.28 1.36 -0.23 7.10 279.49</u></div>
<div><u>Essex Cty 1.70 7.46 293.59 1.30 7.04 276.96</u></div>
<div><u>Mdsx Low 1.70 7.46 293.59 1.35 7.09 278.92</u></div>
<div><u>Mdsx High 1.70 7.46 293.59 1.40 7.14 280.89</u></div>
<div><u>Mdsx Avg 1.70 0.03 7.46 293.59 1.38 -0.22 7.11 279.91</u></div>
<div><u>Hensall 1.73 7.49 294.90 1.40 7.14 280.89</u></div>
<div><u>Bruce 1.70 7.46 293.59 1.40 7.14 280.89</u></div>
<div><u>Putnam N/A 1.35 7.09 278.92</u></div>
<div><u>Burford 1.70 7.46 293.59 1.40 7.14 280.89</u></div>
<div><u>Port Perry 1.70 7.46 293.59 1.30 7.04 276.96</u></div>
<div><u>Norfolk 1.70 7.46 293.59 1.35 7.09 278.92</u></div>
<div><u>Palmerston 1.67 7.43 292.41 1.33 7.07 278.14</u></div>
<div><u>Varna 1.70 7.46 293.59 1.40 7.14 280.89</u></div>
<div><u>Belmore 1.70 7.46 293.59 1.35 7.09 278.92</u></div>
<div><u>Trenton 1.85 7.61 299.49 1.30 7.04 276.96</u></div>
<div><u>Winchester N/A 1.80 7.54 296.64</u></div>
<div><u>North Gower 1.70 7.46 293.59 1.70 7.44 292.70</u></div>
<div><u>Vankleek Hil 1.70 7.46 293.59 1.47 7.21 283.65</u></div>
<div><u>Huron FOB N/A 1.70 1.76N/A 1.28 7.02 276.17</u></div>
<div><u>Kent FOB 1.75 7.51 295.56 1.35 7.09 278.92</u></div>
<div><u>Lamb FOB N/A 1.37 7.11 279.71</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.35 7.09 278.92</u></div>
<div><u>FOB SW Que 2.37 8.13 319.97N/A</u></div>
<div><u>Track 2.20 7.96 313.27N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.88 1.57 7.31 287.59</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 7.49 294.67</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 2.60 N/A</u></div>
<div><u>W O Feed 2.27 8.03 316.03</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.50 8.26 325.08</u></div>
<div><u>Toledo El. 0.97 6.72 264.74 -0.39 5.35 210.55</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 7.29 286.80</u></div>
<div><u>Prescott 1.95 7.71 303.43 2.00 7.74 304.51</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 7.18 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 1.2896 up 0.0013</u></div>
<div><u>Chicago soybeans closed moderately lower to lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV22 HI 13.41 3/4 NOV22 HI 13.41 3/4</u></div>
<div><u> LOW 12.94 3/4 LOW 12.94 3/4</u></div>
<div><u> CLOSE13.01 1/2 Down 30 3/4 CLOSE 13.01 1/2 Down 30 3/4</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 5.65 18.67 685.82 3.40 16.42 603.15</u></div>
<div><u>CK High 6.15 19.17 704.19 3.60 16.62 610.50</u></div>
<div><u>CK Average 6.08 1.79 19.09 701.46 3.46 -0.24 16.48 605.51</u></div>
<div><u>Essex Cty 6.15 19.17 704.19 3.40 16.42 603.15</u></div>
<div><u>Mdsx Low 6.15 19.17 704.19 3.45 16.47 604.99</u></div>
<div><u>Mdsx High 6.15 19.17 704.19 3.50 16.52 606.82</u></div>
<div><u>Mdsx Average6.15 1.85 19.17 704.19 3.47 -0.23 16.49 605.84</u></div>
<div><u>Hensall 6.15 19.17 704.19 3.50 16.52 606.82</u></div>
<div><u>Bruce 6.15 19.17 704.19 3.45 16.47 604.99</u></div>
<div><u>Putnam 6.15 19.17 704.19 3.50 16.52 606.82</u></div>
<div><u>Burford 6.21 19.23 706.40 3.53 16.55 607.92</u></div>
<div><u>Port Perry 6.12 19.14 703.09 3.44 16.46 604.62</u></div>
<div><u>Norfolk 6.15 19.17 704.19 3.50 16.52 606.82</u></div>
<div><u>Palmerston 6.17 19.19 704.93 3.51 16.53 607.19</u></div>
<div><u>Varna 6.15 19.17 704.19 3.50 16.52 606.82</u></div>
<div><u>Trenton N/A 3.50 16.52 606.82</u></div>
<div><u>Winchester N/A 3.56 16.58 609.03</u></div>
<div><u>North Gower 5.67 18.69 686.56 3.55 16.57 608.66</u></div>
<div><u>Vankleek Hil4.01 17.03 625.56 3.27 16.29 598.37</u></div>
<div><u>Huron FOB 6.25 6.25 N/A N/A 19.27 707.87 3.60 16.62 610.50</u></div>
<div><u>Kent FOB 6.15 19.17 704.19 3.45 16.47 604.99</u></div>
<div><u>Lambton FOB 6.05 19.07 700.52 N/A</u></div>
<div><u>Mdsx FOB 6.25 6.25 N/A N/A 19.27 707.87 3.75 16.77 616.01</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 6.73 19.75 725.50 3.82 16.84 618.58</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 6.60 19.62 720.73 4.15 17.17 630.71</u></div>
<div><u>Prescott N/A 3.85 16.87 619.68</u></div>
<div><u>Port Colborn N/A 4.23 17.25 633.65</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 2.35 15.36 564.46 -0.45 12.56 461.64</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2896 up 0.0013</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>SEP22 HI 8.34 JUL23 HI 8.52 1/2</u></div>
<div><u> LOW 7.95 1/2 LOW 8.19 1/4</u></div>
<div><u> CLOSE 8.06 1/4 Down 13 1/4 CLOSE 8.29 3/4 Down 13 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>SEP22 HI 9.30 SEP23 HI 9.25</u></div>
<div><u> LOW 9.09 LOW 9.13 1/4</u></div>
<div><u> CLOSE 9.12 1/2 Down 11 3/4 CLOSE 9.13 1/4 Down 11 3/4</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 1.45 N/A</u></div>
<div><u>London 2.83 2.19 1.48 N/A 2.26 1.87 1.55 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 1.45 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 1.45 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 1.45 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Brigden N/A N/A 1.45 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Palmerston N/A 2.34 1.70 N/A N/A N/A 1.31 N/A</u></div>
<div><u>Varna 2.75 2.20 1.45 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 2.83 2.19 1.48 1.84 2.26 1.87 1.55 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 2.13</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.13 N/A N/A N/A 1.88 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.33 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.81US 10.07CA 8.20US 10.57CA</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 757.74</u></div>
<div><u>DDG's FOB Srn & Aylm 315.00 - 340.00</u></div>
<div><u><br>
</u></div>
<div><br>
</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>
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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: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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