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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, July 28</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2835 down 0.0018</u></div>
<div><u>Chicago corn closed moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP22 HI 6.18 DEC22 HI 6.21 3/4</u></div>
<div><u> LOW 6.01 1/4 LOW 6.03 3/4</u></div>
<div><u> CLOSE6.15 Up 14 3/4 CLOSE 6.19 Up 16</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 7.75 305.10 1.30 7.49 294.87</u></div>
<div><u>CK High 1.80 7.95 312.98 1.35 7.54 296.84</u></div>
<div><u>CK Avg 1.70 -0.03 7.85 309.04 1.34 -0.33 7.53 296.27</u></div>
<div><u>Essex Cty 1.70 7.85 309.04 1.30 7.49 294.87</u></div>
<div><u>Mdsx Low 1.60 7.75 305.10 1.30 7.49 294.87</u></div>
<div><u>Mdsx High 1.70 7.85 309.04 1.35 7.54 296.84</u></div>
<div><u>Mdsx Avg 1.65 -0.07 7.80 307.07 1.33 -0.34 7.52 295.85</u></div>
<div><u>Hensall 1.68 7.83 308.38 1.37 7.56 297.49</u></div>
<div><u>Bruce 1.65 7.80 307.07 1.35 7.54 296.84</u></div>
<div><u>Putnam N/A 1.35 7.54 296.84</u></div>
<div><u>Burford 1.60 7.75 305.10 1.30 7.49 294.87</u></div>
<div><u>Port Perry 1.60 7.75 305.10 1.25 7.44 292.90</u></div>
<div><u>Norfolk 1.70 7.85 309.04 1.35 7.54 296.84</u></div>
<div><u>Palmerston 1.75 7.90 311.01 1.43 7.62 299.99</u></div>
<div><u>Varna 1.65 7.80 307.07 1.35 7.54 296.84</u></div>
<div><u>Belmore 1.65 7.80 307.07 1.35 7.54 296.84</u></div>
<div><u>Trenton 1.70 7.85 309.04 1.30 7.49 294.87</u></div>
<div><u>Winchester N/A 1.70 7.89 310.62</u></div>
<div><u>North Gower 1.70 7.85 309.04 1.70 7.89 310.62</u></div>
<div><u>Vankleek Hil 1.80 7.95 312.98 1.50 7.69 302.74</u></div>
<div><u>Huron FOB N/A 1.65 1.72N/A 1.34 7.53 296.44</u></div>
<div><u>Kent FOB 1.75 7.90 311.01 1.35 7.54 296.84</u></div>
<div><u>Lamb FOB 1.80 7.95 312.98 1.37 7.56 297.62</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.25 7.44 292.90</u></div>
<div><u>FOB SW Que 2.35 8.50 334.63N/A</u></div>
<div><u>Track 2.18 8.33 327.74N/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 7.84 308.65</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 8.40 330.56</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.58 8.73 343.68</u></div>
<div><u>Toledo El. 0.96 7.11 280.01 -0.39 5.80 228.53</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.55 7.74 304.71</u></div>
<div><u>Prescott 2.05 8.20 322.82 2.04 8.23 324.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.35 7.54</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2835 down 0.0018</u></div>
<div><u>Chicago soybeans closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV22 HI 14.46 3/4 NOV22 HI 14.46 3/4</u></div>
<div><u> LOW 14.12 1/2 LOW 14.12 1/2</u></div>
<div><u> CLOSE14.40 1/2 Up 30 1/2 CLOSE 14.40 1/2 Up 30 1/2</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 5.25 19.66 722.20 3.50 17.91 657.90</u></div>
<div><u>CK High 5.85 20.26 744.24 3.75 18.16 667.08</u></div>
<div><u>CK Average 5.71 1.26 20.11 738.99 3.60 -0.38 18.01 661.68</u></div>
<div><u>Essex Cty 5.75 20.16 740.57 3.50 17.91 657.90</u></div>
<div><u>Mdsx Low 5.75 20.16 740.57 3.55 17.96 659.73</u></div>
<div><u>Mdsx High 5.80 20.21 742.41 3.59 18.00 661.20</u></div>
<div><u>Mdsx Average5.77 1.32 20.18 741.43 3.56 -0.41 17.97 660.22</u></div>
<div><u>Hensall 5.83 20.24 743.63 3.65 18.06 663.41</u></div>
<div><u>Bruce 5.75 20.16 740.57 3.65 18.06 663.41</u></div>
<div><u>Putnam 5.80 20.21 742.41 3.65 18.06 663.41</u></div>
<div><u>Burford 5.83 20.24 743.51 3.65 18.06 663.41</u></div>
<div><u>Port Perry 5.74 20.15 740.20 3.56 17.97 660.10</u></div>
<div><u>Norfolk 5.75 20.16 740.57 3.60 18.01 661.57</u></div>
<div><u>Palmerston 5.87 20.28 744.98 3.56 17.97 660.10</u></div>
<div><u>Varna 5.85 20.26 744.24 3.65 18.06 663.41</u></div>
<div><u>Trenton N/A 3.60 18.01 661.57</u></div>
<div><u>Winchester N/A 3.75 18.16 667.08</u></div>
<div><u>North Gower N/A 3.55 17.96 659.73</u></div>
<div><u>Vankleek Hil4.24 18.65 685.09 3.52 17.93 658.63</u></div>
<div><u>Huron FOB 5.89 5.92 N/A N/A 20.30 745.71 3.78 18.19 668.18</u></div>
<div><u>Kent FOB 5.85 20.26 744.24 3.55 17.96 659.73</u></div>
<div><u>Lambton FOB 6.20 20.61 757.10 3.85 18.26 670.76</u></div>
<div><u>Mdsx FOB 5.74 5.74 N/A N/A 20.15 740.20 3.86 18.27 671.12</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 6.66 21.07 774.01 4.14 18.55 681.41</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 6.20 20.61 757.10 4.25 18.66 685.45</u></div>
<div><u>Prescott N/A 4.09 18.50 679.57</u></div>
<div><u>Port Colborn N/A 4.39 18.80 690.60</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.96 15.37 564.66 -0.45 13.96 512.79</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2835 down 0.0018</u></div>
<div><u>Chicago wheat closed higher.</u></div>
<div><u>SEP22 HI 8.24 1/4 JUL23 HI 8.56 3/4</u></div>
<div><u> LOW 7.86 1/4 LOW 8.22 1/2</u></div>
<div><u> CLOSE 8.17 Up 26 3/4 CLOSE 8.51 1/2 Up 25</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>SEP22 HI 9.34 1/4 SEP23 HI 9.25 1/4</u></div>
<div><u> LOW 9.09 LOW 9.12</u></div>
<div><u> CLOSE 9.28 Up 18 CLOSE 9.25 1/4 Up 14 1/2</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 2.72 2.08 1.37 N/A 2.18 1.79 1.41 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 1.40 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 2.32 1.62 2.25 N/A N/A 1.32 N/A</u></div>
<div><u>Varna 2.70 2.15 1.40 N/A 2.40 1.90 1.45 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 2.72 2.08 1.37 2.02 2.18 1.79 1.41 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 2.12</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.89 N/A N/A N/A 1.80 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.32 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.97US 10.23CA 8.42US 10.80CA</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 788.94</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><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: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>
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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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