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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, July 27</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2853 down 0.0050</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP22 HI 6.04 1/4 DEC22 HI 6.06 3/4</u></div>
<div><u> LOW 5.91 3/4 LOW 5.94 1/4</u></div>
<div><u> CLOSE6.00 1/4 Up 3 1/4 CLOSE 6.03 Up 2 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 1.60 7.60 299.30 1.30 7.33 288.57</u></div>
<div><u>CK High 1.80 7.80 307.17 1.35 7.38 290.54</u></div>
<div><u>CK Avg 1.70 -0.01 7.70 303.23 1.34 -0.29 7.37 290.26</u></div>
<div><u>Essex Cty 1.70 7.70 303.23 1.30 7.33 288.57</u></div>
<div><u>Mdsx Low 1.60 7.60 299.30 1.30 7.33 288.57</u></div>
<div><u>Mdsx High 1.70 7.70 303.23 1.35 7.38 290.54</u></div>
<div><u>Mdsx Avg 1.65 -0.05 7.65 301.27 1.33 -0.31 7.36 289.55</u></div>
<div><u>Hensall 1.68 7.69 302.58 1.37 7.40 291.19</u></div>
<div><u>Bruce 1.65 7.65 301.27 1.35 7.38 290.54</u></div>
<div><u>Putnam N/A 1.35 7.38 290.54</u></div>
<div><u>Burford 1.60 7.60 299.30 1.30 7.33 288.57</u></div>
<div><u>Port Perry 1.60 7.60 299.30 1.25 7.28 286.60</u></div>
<div><u>Norfolk 1.70 7.70 303.23 1.35 7.38 290.54</u></div>
<div><u>Palmerston 1.72 7.72 304.02 1.41 7.44 292.90</u></div>
<div><u>Varna 1.65 7.65 301.27 1.35 7.38 290.54</u></div>
<div><u>Belmore 1.65 7.65 301.27 1.35 7.38 290.54</u></div>
<div><u>Trenton 1.70 7.70 303.23 1.30 7.33 288.57</u></div>
<div><u>Winchester N/A 1.70 7.73 304.32</u></div>
<div><u>North Gower 1.70 7.70 303.23 1.70 7.73 304.32</u></div>
<div><u>Vankleek Hil 1.78 7.78 306.38 1.49 7.52 296.05</u></div>
<div><u>Huron FOB N/A 1.65 1.71N/A 1.31 7.34 288.96</u></div>
<div><u>Kent FOB 1.75 7.75 305.20 1.35 7.38 290.54</u></div>
<div><u>Lamb FOB 1.80 7.80 307.17 1.37 7.40 291.33</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.25 7.28 286.60</u></div>
<div><u>FOB SW Que 2.40 8.40 330.79N/A</u></div>
<div><u>Track 2.16 8.16 321.15N/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 7.68 302.35</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 8.25 324.89</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.57 8.57 337.48</u></div>
<div><u>Toledo El. 0.96 6.97 274.26 -0.39 5.64 222.21</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 7.58 298.41</u></div>
<div><u>Prescott 2.03 8.03 316.23 2.03 8.06 317.31</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.35 7.38</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2853 down 0.0050</u></div>
<div><u>Chicago soybeans closed moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV22 HI 14.16 1/2 NOV22 HI 14.16 1/2</u></div>
<div><u> LOW 13.71 3/4 LOW 13.71 3/4</u></div>
<div><u> CLOSE14.10 Up 26 1/4 CLOSE 14.10 Up 26 1/4</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 5.50 19.60 720.18 3.50 17.60 646.69</u></div>
<div><u>CK High 5.85 19.95 733.04 3.70 17.80 654.04</u></div>
<div><u>CK Average 5.75 1.34 19.85 729.36 3.59 -0.33 17.69 650.15</u></div>
<div><u>Essex Cty 5.75 19.85 729.36 3.50 17.60 646.69</u></div>
<div><u>Mdsx Low 5.75 19.85 729.36 3.40 17.50 643.01</u></div>
<div><u>Mdsx High 5.95 20.05 736.71 3.63 17.73 651.47</u></div>
<div><u>Mdsx Average5.84 1.41 19.94 732.67 3.53 -0.39 17.63 647.67</u></div>
<div><u>Hensall 5.82 19.92 731.81 3.60 17.70 650.36</u></div>
<div><u>Bruce 5.75 19.85 729.36 3.65 17.75 652.20</u></div>
<div><u>Putnam 5.85 19.95 733.04 3.70 17.80 654.04</u></div>
<div><u>Burford 5.88 19.98 734.14 3.69 17.79 653.67</u></div>
<div><u>Port Perry 5.79 19.89 730.83 3.60 17.70 650.36</u></div>
<div><u>Norfolk 5.75 19.85 729.36 3.60 17.70 650.36</u></div>
<div><u>Palmerston 5.85 19.95 733.04 3.54 17.64 648.16</u></div>
<div><u>Varna 5.95 20.05 736.71 3.40 17.50 643.01</u></div>
<div><u>Trenton N/A 3.55 17.65 648.53</u></div>
<div><u>Winchester N/A 3.75 17.85 655.88</u></div>
<div><u>North Gower N/A 3.55 17.65 648.53</u></div>
<div><u>Vankleek Hil4.20 18.30 672.41 3.49 17.59 646.32</u></div>
<div><u>Huron FOB 5.94 5.97 N/A N/A 20.04 736.34 3.82 17.92 658.45</u></div>
<div><u>Kent FOB 5.85 19.95 733.04 3.55 17.65 648.53</u></div>
<div><u>Lambton FOB 6.20 20.30 745.90 3.85 17.95 659.55</u></div>
<div><u>Mdsx FOB 6.05 6.05 N/A N/A 20.15 740.39 3.89 17.99 661.02</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 6.66 20.76 762.80 4.14 18.24 670.21</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 6.20 20.30 745.90 4.25 18.35 674.25</u></div>
<div><u>Prescott N/A 3.96 18.06 663.59</u></div>
<div><u>Port Colborn N/A 4.42 18.52 680.49</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.96 15.06 553.51 -0.45 13.65 501.56</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2853 down 0.0050</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>SEP22 HI 8.18 3/4 JUL23 HI 8.48</u></div>
<div><u> LOW 7.82 LOW 8.17 1/2</u></div>
<div><u> CLOSE 7.90 1/4 Down 13 1/2 CLOSE 8.26 1/2 Down 8 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>SEP22 HI 9.37 3/4 SEP23 HI 9.25</u></div>
<div><u> LOW 9.01 1/2 LOW 9.06 1/4</u></div>
<div><u> CLOSE 9.10 Down 18 3/4 CLOSE 9.10 3/4 Down 12 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 2.78 2.14 1.43 N/A 2.23 1.84 1.45 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 1.45 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 1.40 N/A N/A N/A 1.45 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 1.40 N/A N/A N/A 1.50 N/A</u></div>
<div><u>Brigden N/A N/A 1.40 N/A N/A N/A 1.50 N/A</u></div>
<div><u>Palmerston N/A 2.22 1.63 2.22 N/A N/A 1.22 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 2.78 2.14 1.43 2.09 2.23 1.84 1.45 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 2.07</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.09 N/A N/A N/A 1.85 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.25 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.70US 9.90CA 8.17US 10.49CA</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 788.06</u></div>
<div><u>DDG's FOB Srn & Aylm 310.00 - 315.00</u></div>
<div><u><br>
</u></div>
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</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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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
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