<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);" class="elementToProof ContentPasted0">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, May 12</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);" class="elementToProof ContentPasted0">
<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3555 up 0.0078</u></div>
<div class="ContentPasted0"><u>Chicago corn closed mixed.</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u> JUL23 HI 5.93 3/4 DEC23 HI 5.19 1/4</u></div>
<div class="ContentPasted0"><u> LOW 5.72 3/4 LOW 5.04</u></div>
<div class="ContentPasted0"><u> CLOSE5.86 1/4 Up 4 CLOSE 5.08 3/4 Down 5</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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 6.81 268.20 1.05 6.14 241.62</u></div>
<div class="ContentPasted0"><u>CK High 1.00 6.86 270.16 1.15 6.24 245.56</u></div>
<div class="ContentPasted0"><u>CK Avg 0.99 -0.80 6.86 269.88 1.14 -0.50 6.22 245.00</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 6.86 270.16 1.15 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 6.86 270.16 1.15 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 6.86 270.16 1.15 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.00 -0.80 6.86 270.16 1.15 -0.49 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 6.88 270.82 1.17 6.25 246.22</u></div>
<div class="ContentPasted0"><u>Bruce 0.95 6.81 268.20 1.10 6.19 243.59</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 6.86 270.16 1.15 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Burford 1.00 6.86 270.16 1.15 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Port Perry 0.85 6.71 264.26 1.00 6.09 239.65</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 6.86 270.16 1.15 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Palmerston 0.95 6.81 268.20 1.10 6.19 243.59</u></div>
<div class="ContentPasted0"><u>Varna 1.00 6.86 270.16 1.15 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Belmore 1.00 6.86 270.16 1.15 6.24 245.56</u></div>
<div class="ContentPasted0"><u>Trenton 0.95 6.81 268.20 1.00 6.09 239.65</u></div>
<div class="ContentPasted0"><u>Winchester 0.95 6.81 268.20 1.35 6.44 253.43</u></div>
<div class="ContentPasted0"><u>North Gower 1.00 6.86 270.16 1.20 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.22 6.08 239.46 0.80 5.89 231.78</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.95 1.18 1.29 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.20 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Lamb FOB 1.10 6.96 274.10N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 1.00 1.05 1.20N/A 6.86 270.16 1.15 6.24 245.56</u></div>
<div class="ContentPasted0"><u>FOB SW Que 0.96 6.82 268.59N/A</u></div>
<div class="ContentPasted0"><u>Track 1.47 7.33 288.47N/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 1.47 7.33 288.47</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>US Rep 2.29 8.15 320.95</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.00 5.86 230.80 -0.41 4.68 184.28</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.45 6.54 257.37</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.56 6.65 261.70</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>HI SD CRN 1.15 6.23 3/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3555 up 0.0078</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u> JUL23 HI 14.16 3/4 NOV23 HI 12.52 3/4</u></div>
<div class="ContentPasted0"><u> LOW 13.88 1/2 LOW 12.21 3/4</u></div>
<div class="ContentPasted0"><u> CLOSE13.90 Down 15 1/2 CLOSE 12.23 3/4 Down 24 1/4</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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 4.40 18.30 672.41 3.10 15.34 563.56</u></div>
<div class="ContentPasted0"><u>CK High 4.50 18.40 676.08 3.25 15.49 569.07</u></div>
<div class="ContentPasted0"><u>CK Average 4.48 -0.34 18.38 675.24 3.19 -0.86 15.42 566.71</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.50 18.40 676.08 3.20 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.35 18.25 670.57 3.08 15.32 562.82</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.50 18.40 676.08 3.20 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.44 -0.37 18.34 673.97 3.15 -0.89 15.38 565.21</u></div>
<div class="ContentPasted0"><u>Hensall 4.43 18.33 673.63 3.10 15.34 563.56</u></div>
<div class="ContentPasted0"><u>Bruce 4.40 18.30 672.41 3.20 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Putnam 4.50 18.40 676.08 3.20 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Burford 4.52 18.42 676.82 3.18 15.42 566.50</u></div>
<div class="ContentPasted0"><u>Port Perry 4.33 18.23 669.84 2.99 15.23 559.51</u></div>
<div class="ContentPasted0"><u>Norfolk 4.50 18.40 676.08 3.20 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Palmerston 4.40 18.30 672.41 3.20 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Varna 4.40 18.30 672.41 3.05 15.29 561.72</u></div>
<div class="ContentPasted0"><u>Trenton 4.50 18.40 676.08 3.20 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Winchester 4.51 18.41 676.45 3.22 15.46 567.97</u></div>
<div class="ContentPasted0"><u>North Gower 4.50 18.40 676.08 3.40 15.64 574.58</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.19 18.09 664.69 3.30 15.54 570.91</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.45 4.62 4.89 N/A 18.35 674.25 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 4.80 18.70 687.11 3.20 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.51 18.41 676.45 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 4.71 4.91 5.11 N/A 18.61 683.80 3.32 15.56 571.64</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.54 19.44 714.30 4.21 16.45 604.34</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.20 19.10 701.80 3.90 16.14 592.95</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.98 16.22 595.89</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.83 16.07 590.38</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.30 14.20 521.69 -0.61 11.63 427.24</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3555 up 0.0078</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 6.54 JUL23 HI 6.54</u></div>
<div class="ContentPasted0"><u> LOW 6.26 LOW 6.26</u></div>
<div class="ContentPasted0"><u> CLOSE 6.35 Up 7 3/4 CLOSE 6.35 Up 7 3/4</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Minni wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 8.65 SEP23 HI 8.67 1/2</u></div>
<div class="ContentPasted0"><u> LOW 8.31 1/2 LOW 8.34 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 8.46 Up 9 1/4 CLOSE 8.48 1/4 Up 8 1/4</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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 2.55 1.95 1.25 1.55 2.50 1.55 0.85 1.35</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 2.25 1.75 1.25 1.25 1.90 1.40 0.90 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 1.25 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 2.25 1.75 1.25 1.25 1.90 1.40 0.90 1.15</u></div>
<div class="ContentPasted0"><u>Varna 2.55 1.95 1.25 N/A 2.50 1.55 0.85 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 1.59 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 2.07</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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 1.45 N/A</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Toledo FM N/A N/A 1.92 N/A N/A N/A 2.05 N/A</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Toledo El. 6.10US 8.27CA 6.10US 8.27CA</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>FEED GRAINS</u></div>
<div class="ContentPasted0"><u>FOB Hm Soymeal 692.15</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 390.00</u></div>
<div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<br>
</div>
<div id="Signature">
<div>
<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"">Blair Andrews<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"">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>
<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"">Fax. 519-674-1530<br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span><span style="color: rgb(51, 51, 51);"> </span></span></span><span><span style="color: rgb(51, 102, 153);">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><span style="background: rgb(253, 253, 253); color: rgb(51, 51, 51);"> </span></span><span style="background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario</span></span><o:p> </o:p></p>
</div>
</div>
</div>
</div>
</body>
</html>