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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, May 11</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3477 up 0.0108</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly to moderately lower.</u></div>
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<div class="ContentPasted0"><u> JUL23 HI 5.92 3/4 DEC23 HI 5.19 1/4</u></div>
<div class="ContentPasted0"><u> LOW 5.80 3/4 LOW 5.12 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE5.82 1/4 Down 11 3/4 CLOSE 5.13 3/4 Down 7</u></div>
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<div class="ContentPasted0"><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div class="ContentPasted0"><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div class="ContentPasted0"><u>ELEVATORS +JUL23+JUL23+JUL23</u></div>
<div class="ContentPasted0"><u>CK Low 0.95 6.77 266.62 1.05 6.19 243.59</u></div>
<div class="ContentPasted0"><u>CK High 1.05 6.87 270.56 1.15 6.29 247.53</u></div>
<div class="ContentPasted0"><u>CK Avg 1.00 -0.76 6.82 268.59 1.14 -0.48 6.27 246.97</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 6.82 268.59 1.15 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 6.82 268.59 1.15 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.05 6.87 270.56 1.15 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.02 -0.75 6.84 269.25 1.15 -0.47 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 6.84 269.25 1.17 6.30 248.18</u></div>
<div class="ContentPasted0"><u>Bruce 0.95 6.77 266.62 1.10 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 6.82 268.59 1.15 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Burford 1.00 6.82 268.59 1.15 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Port Perry 0.85 6.67 262.68 1.00 6.14 241.62</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 6.82 268.59 1.15 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Palmerston 0.95 6.77 266.62 1.10 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Varna 1.00 6.82 268.59 1.15 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Belmore 1.00 6.82 268.59 1.15 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Trenton 0.95 6.77 266.62 1.00 6.14 241.62</u></div>
<div class="ContentPasted0"><u>Winchester 1.05 6.87 270.56 1.35 6.49 255.40</u></div>
<div class="ContentPasted0"><u>North Gower 1.00 6.82 268.59 1.20 6.34 249.50</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.22 6.04 237.88 0.80 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.95 1.19 1.30 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.20 6.34 249.50</u></div>
<div class="ContentPasted0"><u>Lamb FOB 1.03 6.85 269.77N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 1.00 1.05 1.20N/A 6.82 268.59 1.15 6.29 247.53</u></div>
<div class="ContentPasted0"><u>FOB SW Que 0.75 6.57 258.75N/A</u></div>
<div class="ContentPasted0"><u>Track 1.42 7.24 285.03N/A</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Chat-Eth N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>London-Ing N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>W O Feed 1.42 7.24 285.03</u></div>
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<div class="ContentPasted0"><u>US Rep 2.23 8.05 317.01</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.00 5.82 229.22 -0.40 4.73 186.34</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.45 6.59 259.34</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.56 6.70 263.67</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.28 3/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3477 up 0.0108</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed narrowly mixed.</u></div>
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<div class="ContentPasted0"><u> JUL23 HI 14.13 1/2 NOV23 HI 12.53</u></div>
<div class="ContentPasted0"><u> LOW 13.85 1/4 LOW 12.34 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE14.05 1/2 Up 1 1/2 CLOSE 12.48 Down 2 3/4</u></div>
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<div class="ContentPasted0"><u> OLD CROP NEW CROP</u></div>
<div class="ContentPasted0"><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
<div class="ContentPasted0"><u>ELEVATORS +JUL23+JUL23+JUL23</u></div>
<div class="ContentPasted0"><u>CK Low 4.35 18.41 676.27 3.10 15.58 572.47</u></div>
<div class="ContentPasted0"><u>CK High 4.41 18.47 678.47 3.22 15.70 576.88</u></div>
<div class="ContentPasted0"><u>CK Average 4.39 -0.37 18.44 677.63 3.12 -0.90 15.60 573.36</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.40 18.46 678.11 3.10 15.58 572.47</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.35 18.41 676.27 3.10 15.58 572.47</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.40 18.46 678.11 3.20 15.68 576.14</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.37 -0.38 18.43 677.09 3.15 -0.88 15.63 574.30</u></div>
<div class="ContentPasted0"><u>Hensall 4.42 18.47 678.72 3.13 15.61 573.69</u></div>
<div class="ContentPasted0"><u>Bruce 4.35 18.41 676.27 3.10 15.58 572.47</u></div>
<div class="ContentPasted0"><u>Putnam 4.35 18.41 676.27 3.10 15.58 572.47</u></div>
<div class="ContentPasted0"><u>Burford 4.46 18.52 680.31 3.27 15.75 578.71</u></div>
<div class="ContentPasted0"><u>Port Perry 4.30 18.36 674.43 3.11 15.59 572.83</u></div>
<div class="ContentPasted0"><u>Norfolk 4.40 18.46 678.11 3.10 15.58 572.47</u></div>
<div class="ContentPasted0"><u>Palmerston 4.35 18.41 676.27 3.10 15.58 572.47</u></div>
<div class="ContentPasted0"><u>Varna 4.45 18.51 679.94 3.15 15.63 574.30</u></div>
<div class="ContentPasted0"><u>Trenton 4.35 18.41 676.27 3.10 15.58 572.47</u></div>
<div class="ContentPasted0"><u>Winchester 4.55 18.61 683.62 3.30 15.78 579.82</u></div>
<div class="ContentPasted0"><u>North Gower 4.50 18.56 681.78 3.40 15.88 583.49</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.19 18.25 670.39 3.30 15.78 579.82</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.50 4.60 4.87 N/A 18.56 681.78 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 4.70 18.76 689.13 3.10 15.58 572.47</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.47 18.53 680.68 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 4.65 4.85 5.05 N/A 18.71 687.29 3.36 15.84 582.02</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.54 19.60 719.99 4.21 16.69 613.25</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.10 19.16 703.83 3.80 16.28 598.19</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.98 16.46 604.80</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.88 16.36 601.13</u></div>
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<div class="ContentPasted0"><u>Toledo El. 0.30 14.35 527.33 -0.61 11.87 436.28</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3477 up 0.0108</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed moderately lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 6.40 3/4 JUL23 HI 6.40 3/4</u></div>
<div class="ContentPasted0"><u> LOW 6.25 1/2 LOW 6.25 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 6.27 1/4 Down 14 CLOSE 6.27 1/4 Down 14</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed moderately lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 8.49 SEP23 HI 8.51 1/4</u></div>
<div class="ContentPasted0"><u> LOW 8.34 1/2 LOW 8.37 3/4</u></div>
<div class="ContentPasted0"><u> CLOSE 8.36 3/4 Down 12 3/4 CLOSE 8.40 Down 12</u></div>
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<div class="ContentPasted0"><u>Direct MarkHarvest 2022 Harvest 2023</u></div>
<div class="ContentPasted0"><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div class="ContentPasted0"><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div class="ContentPasted0"><u>ELEVATORS</u></div>
<div class="ContentPasted0"><u>Brgssvll N/A N/A 1.20 N/A N/A N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>London 2.13 1.66 1.19 N/A 2.33 1.46 0.92 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 2.50 1.90 1.20 1.50 2.55 1.60 0.90 1.40</u></div>
<div class="ContentPasted0"><u>Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Bruce 2.20 1.70 1.20 1.25 1.85 1.35 0.85 1.15</u></div>
<div class="ContentPasted0"><u>Essex N/A N/A 1.25 N/A N/A N/A 0.90 N/A</u></div>
<div class="ContentPasted0"><u>Norwich N/A N/A 1.20 N/A 2.65 N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Belmore 2.50 1.65 1.20 1.15 2.00 1.50 0.90 N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge N/A N/A 1.20 N/A 2.65 N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Chatham N/A N/A 1.25 N/A N/A N/A 0.90 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 1.25 N/A N/A N/A 0.90 N/A</u></div>
<div class="ContentPasted0"><u>Palmerston 2.20 1.70 1.20 1.25 1.85 1.35 0.85 1.15</u></div>
<div class="ContentPasted0"><u>Varna 2.50 1.90 1.20 N/A 2.55 1.60 0.90 N/A</u></div>
<div class="ContentPasted0"><u>Mitchell N/A N/A 1.20 N/A 2.65 1.60 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Thornton 2.13 1.66 1.19 1.57 2.33 1.46 0.92 N/A</u></div>
<div class="ContentPasted0"><u>North Gower N/A 0.90 1.20 1.32 N/A 0.70 1.00 1.12</u></div>
<div class="ContentPasted0"><u>W O Feed 2.01</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.93 N/A N/A N/A 1.46 N/A</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Toledo FM N/A N/A 1.84 N/A N/A N/A 1.98 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 6.02US 8.12CA 6.02US 8.12CA</u></div>
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<div class="ContentPasted0"><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div class="ContentPasted0"><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
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<div class="ContentPasted0"><u>FEED GRAINS</u></div>
<div class="ContentPasted0"><u>FOB Hm Soymeal 690.50</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 390.00</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews</span><o:p style="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 id="Signature">
<p 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 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 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>
<p style="margin:0in 0in 0.0001pt;font-size:11pt;font-family:Calibri, "sans-serif"">
<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 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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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