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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, July 26</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2903 up 0.0060</u></div>
<div><u>Chicago corn closed higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP22 HI 5.99 3/4 DEC22 HI 6.02 1/2</u></div>
<div><u> LOW 5.86 1/4 LOW 5.89 1/2</u></div>
<div><u> CLOSE5.97 Up 17 CLOSE 6.00 3/4 Up 17</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 1.60 7.57 298.02 1.30 7.31 287.68</u></div>
<div><u>CK High 1.80 7.77 305.89 1.35 7.36 289.65</u></div>
<div><u>CK Avg 1.70 -0.03 7.67 301.95 1.34 -0.32 7.34 289.09</u></div>
<div><u>Essex Cty 1.70 7.67 301.95 1.30 7.31 287.68</u></div>
<div><u>Mdsx Low 1.60 7.57 298.02 1.30 7.31 287.68</u></div>
<div><u>Mdsx High 1.70 7.67 301.95 1.35 7.36 289.65</u></div>
<div><u>Mdsx Avg 1.65 -0.06 7.62 299.99 1.33 -0.32 7.33 288.67</u></div>
<div><u>Hensall 1.68 7.65 301.30 1.37 7.37 290.31</u></div>
<div><u>Bruce 1.65 7.62 299.99 1.35 7.36 289.65</u></div>
<div><u>Putnam N/A 1.35 7.36 289.65</u></div>
<div><u>Burford 1.60 7.57 298.02 1.30 7.31 287.68</u></div>
<div><u>Port Perry 1.60 7.57 298.02 1.25 7.26 285.72</u></div>
<div><u>Norfolk 1.70 7.67 301.95 1.35 7.36 289.65</u></div>
<div><u>Palmerston 1.73 7.70 303.14 1.41 7.42 292.01</u></div>
<div><u>Varna 1.65 7.62 299.99 1.35 7.36 289.65</u></div>
<div><u>Belmore 1.65 7.62 299.99 1.35 7.36 289.65</u></div>
<div><u>Trenton 1.70 7.67 301.95 1.30 7.31 287.68</u></div>
<div><u>Winchester N/A 1.70 7.71 303.43</u></div>
<div><u>North Gower 1.70 7.67 301.95 1.70 7.71 303.43</u></div>
<div><u>Vankleek Hil 1.76 7.73 304.32 1.47 7.48 294.38</u></div>
<div><u>Huron FOB N/A 1.65 1.72N/A 1.29 7.30 287.29</u></div>
<div><u>Kent FOB 1.75 7.72 303.92 1.35 7.36 289.65</u></div>
<div><u>Lamb FOB 1.80 7.77 305.89 1.37 7.38 290.44</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.25 7.26 285.72</u></div>
<div><u>FOB SW Que 2.52 8.49 334.24N/A</u></div>
<div><u>Track 2.16 8.13 319.87N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A N/A</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 1.85 1.65 7.66 301.46</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 2.50 N/A</u></div>
<div><u>W O Feed 2.25 8.22 323.48</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.56 8.53 335.81</u></div>
<div><u>Toledo El. 0.97 6.94 273.13 -0.39 5.62 221.27</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 7.56 297.53</u></div>
<div><u>Prescott 2.02 7.99 314.55 2.05 8.06 317.21</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.35 7.35 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2903 up 0.0060</u></div>
<div><u>Chicago soybeans closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV22 HI 13.87 1/2 NOV22 HI 13.87 1/2</u></div>
<div><u> LOW 13.58 1/4 LOW 13.58 1/4</u></div>
<div><u> CLOSE13.83 3/4 Up 37 3/4 CLOSE 13.83 3/4 Up 37 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 5.45 19.29 708.69 3.45 17.29 635.21</u></div>
<div><u>CK High 5.90 19.74 725.23 3.65 17.49 642.56</u></div>
<div><u>CK Average 5.73 1.33 19.57 719.14 3.53 -0.37 17.37 638.30</u></div>
<div><u>Essex Cty 5.70 19.54 717.88 3.45 17.29 635.21</u></div>
<div><u>Mdsx Low 5.70 19.54 717.88 3.40 17.24 633.37</u></div>
<div><u>Mdsx High 5.95 19.79 727.07 3.56 17.40 639.25</u></div>
<div><u>Mdsx Average5.80 1.38 19.64 721.68 3.49 -0.41 17.32 636.55</u></div>
<div><u>Hensall 5.93 19.77 726.45 3.47 17.30 635.82</u></div>
<div><u>Bruce 5.60 19.44 714.21 3.40 17.24 633.37</u></div>
<div><u>Putnam 5.90 19.74 725.23 3.60 17.44 640.72</u></div>
<div><u>Burford 5.82 19.66 722.29 3.62 17.46 641.45</u></div>
<div><u>Port Perry 5.73 19.57 718.98 3.53 17.37 638.15</u></div>
<div><u>Norfolk 5.70 19.54 717.88 3.55 17.39 638.88</u></div>
<div><u>Palmerston 5.99 19.83 728.54 3.56 17.40 639.25</u></div>
<div><u>Varna 5.95 19.79 727.07 3.40 17.24 633.37</u></div>
<div><u>Trenton N/A 3.45 17.29 635.21</u></div>
<div><u>Winchester N/A 3.60 17.44 640.72</u></div>
<div><u>North Gower 5.99 19.83 728.54 3.55 17.39 638.88</u></div>
<div><u>Vankleek Hil4.07 17.91 657.99 3.38 17.22 632.63</u></div>
<div><u>Huron FOB 5.96 5.89 N/A N/A 19.80 727.43 3.67 17.51 643.29</u></div>
<div><u>Kent FOB 5.80 19.64 721.55 3.50 17.34 637.04</u></div>
<div><u>Lambton FOB 6.35 20.19 741.76 3.85 17.69 649.90</u></div>
<div><u>Mdsx FOB 5.99 5.99 N/A N/A 19.83 728.54 3.83 17.67 649.17</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor N/A 4.05 17.89 657.25</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 6.15 19.99 734.41 4.20 18.04 662.76</u></div>
<div><u>Prescott N/A 3.92 17.76 652.48</u></div>
<div><u>Port Colborn N/A 4.36 18.20 668.64</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.97 14.81 544.00 -0.45 13.39 491.85</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2903 up 0.0060</u></div>
<div><u>Chicago wheat closed higher.</u></div>
<div><u>SEP22 HI 8.06 JUL23 HI 8.36 1/4</u></div>
<div><u> LOW 7.72 1/4 LOW 8.06 1/2</u></div>
<div><u> CLOSE 8.03 3/4 Up 33 3/4 CLOSE 8.35 Up 30 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed higher.</u></div>
<div><u>SEP22 HI 9.31 1/4 SEP23 HI 9.25 1/2</u></div>
<div><u> LOW 8.86 1/4 LOW 9.00</u></div>
<div><u> CLOSE 9.28 3/4 Up 44 3/4 CLOSE 9.23 Up 29 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 1.40 N/A N/A N/A 1.45 N/A</u></div>
<div><u>London 2.77 2.13 1.42 N/A 2.21 1.82 1.43 N/A</u></div>
<div><u>Hensall 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A</u></div>
<div><u>Trenton N/A N/A 1.40 N/A N/A N/A 1.40 N/A</u></div>
<div><u>Bruce 2.60 2.10 1.40 1.60 2.30 1.80 1.45 N/A</u></div>
<div><u>Essex N/A N/A 1.35 N/A N/A N/A 1.40 N/A</u></div>
<div><u>Norwich 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A</u></div>
<div><u>Port Hope N/A N/A 1.40 N/A N/A N/A 1.45 N/A</u></div>
<div><u>Kent Bridge 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A</u></div>
<div><u>Chatham N/A N/A 1.35 N/A N/A N/A 1.45 N/A</u></div>
<div><u>Brigden N/A N/A 1.35 N/A N/A N/A 1.45 N/A</u></div>
<div><u>Palmerston N/A 2.33 1.68 2.30 N/A N/A 1.32 N/A</u></div>
<div><u>Varna 2.70 2.15 1.40 N/A 2.35 1.85 1.40 N/A</u></div>
<div><u>Mitchell 2.80 2.10 1.40 N/A 2.50 1.80 1.45 N/A</u></div>
<div><u>Thornton 2.77 2.13 1.42 2.09 2.21 1.82 1.43 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 2.14</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.07 N/A N/A N/A 1.83 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. 7.79US 10.05CA 8.25US 10.65CA</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 769.87</u></div>
<div><u>DDG's FOB Srn & Aylm 310.00 - 315.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews</span><o:p style="color: inherit; font-family: "Courier New"; font-size: 10pt; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"> </o:p><br>
</div>
<div>
<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>
<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"">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
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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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