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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, May 16</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3461 up 0.0002</u></div>
<div class="ContentPasted0"><u>Chicago corn closed moderately lower.</u></div>
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<div class="ContentPasted0"><u> JUL23 HI 5.93 DEC23 HI 5.17 1/2</u></div>
<div class="ContentPasted0"><u> LOW 5.78 1/4 LOW 5.01</u></div>
<div class="ContentPasted0"><u> CLOSE5.81 1/4 Down 11 1/4 CLOSE 5.05 1/4 Down 9 3/4</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 0.85 6.66 262.29 1.00 6.05 238.28</u></div>
<div class="ContentPasted0"><u>CK High 1.00 6.81 268.20 1.15 6.20 244.18</u></div>
<div class="ContentPasted0"><u>CK Avg 0.98 -0.77 6.79 267.35 1.13 -0.46 6.18 243.34</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 6.81 268.20 1.15 6.20 244.18</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 6.81 268.20 1.15 6.20 244.18</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 6.81 268.20 1.15 6.20 244.18</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.00 -0.75 6.81 268.20 1.15 -0.44 6.20 244.18</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 6.83 268.85 1.17 6.22 244.84</u></div>
<div class="ContentPasted0"><u>Bruce 0.95 6.76 266.23 1.10 6.15 242.21</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 6.81 268.20 1.15 6.20 244.18</u></div>
<div class="ContentPasted0"><u>Burford 1.00 6.81 268.20 1.15 6.20 244.18</u></div>
<div class="ContentPasted0"><u>Port Perry 0.85 6.66 262.29 1.00 6.05 238.28</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 6.81 268.20 1.15 6.20 244.18</u></div>
<div class="ContentPasted0"><u>Palmerston 0.95 6.76 266.23 1.10 6.15 242.21</u></div>
<div class="ContentPasted0"><u>Varna 1.00 6.81 268.20 1.15 6.20 244.18</u></div>
<div class="ContentPasted0"><u>Belmore 1.00 6.81 268.20 1.15 6.20 244.18</u></div>
<div class="ContentPasted0"><u>Trenton 0.95 6.76 266.23 1.00 6.05 238.28</u></div>
<div class="ContentPasted0"><u>Winchester 0.90 6.71 264.26 1.25 6.30 248.12</u></div>
<div class="ContentPasted0"><u>North Gower 1.00 6.81 268.20 0.95 6.00 236.31</u></div>
<div class="ContentPasted0"><u>Vankleek Hil-0.03 5.78 227.65 0.98 6.03 237.49</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.95 1.05 1.15 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.20 6.25 246.15</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.86 6.67 262.68N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 1.00 1.05 1.20N/A 6.81 268.20 1.15 6.20 244.18</u></div>
<div class="ContentPasted0"><u>FOB SW Que 0.94 6.75 265.83N/A</u></div>
<div class="ContentPasted0"><u>Track 1.38 7.20 283.31N/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 1.65 6.70 263.87</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 1.40 7.21 283.85</u></div>
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<div class="ContentPasted0"><u>US Rep 2.21 8.02 315.83</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.00 5.81 228.83 -0.40 4.65 183.01</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.45 6.50 255.99</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.57 6.62 260.72</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.20 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3461 up 0.0002</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed moderately lower.</u></div>
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<div class="ContentPasted0"><u> AUG23 HI 13.28 3/4 NOV23 HI 12.32</u></div>
<div class="ContentPasted0"><u> LOW 12.91 LOW 12.00 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE12.98 1/4 Down 30 CLOSE 12.07 Down 24 1/4</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 +AUG23+AUG23+AUG23</u></div>
<div class="ContentPasted0"><u>CK Low 4.80 17.78 653.40 2.95 15.02 551.89</u></div>
<div class="ContentPasted0"><u>CK High 4.96 17.94 659.27 3.20 15.27 561.08</u></div>
<div class="ContentPasted0"><u>CK Average 4.90 0.30 17.88 656.91 3.02 -0.86 15.09 554.57</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.80 17.78 653.40 2.95 15.02 551.89</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.80 17.78 653.40 2.94 15.01 551.52</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.96 17.94 659.27 3.15 15.22 559.24</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.90 0.30 17.88 656.98 3.02 -0.86 15.09 554.55</u></div>
<div class="ContentPasted0"><u>Hensall 4.92 17.90 657.68 3.02 15.09 554.34</u></div>
<div class="ContentPasted0"><u>Bruce 4.90 17.88 657.07 3.00 15.07 553.73</u></div>
<div class="ContentPasted0"><u>Putnam 4.95 17.93 658.91 3.05 15.12 555.56</u></div>
<div class="ContentPasted0"><u>Burford 4.98 17.96 660.01 3.04 15.11 555.20</u></div>
<div class="ContentPasted0"><u>Port Perry 4.79 17.77 653.03 2.85 14.92 548.22</u></div>
<div class="ContentPasted0"><u>Norfolk 4.80 17.78 653.40 2.95 15.02 551.89</u></div>
<div class="ContentPasted0"><u>Palmerston 4.90 17.88 657.07 3.00 15.07 553.73</u></div>
<div class="ContentPasted0"><u>Varna 4.90 17.88 657.07 3.00 15.07 553.73</u></div>
<div class="ContentPasted0"><u>Trenton 4.95 17.93 658.91 3.10 15.17 557.40</u></div>
<div class="ContentPasted0"><u>Winchester 5.01 17.99 661.11 3.10 15.17 557.40</u></div>
<div class="ContentPasted0"><u>North Gower 5.01 17.99 661.11 3.40 15.47 568.43</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.80 17.78 653.40 3.17 15.24 559.97</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.85 4.99 5.26 N/A 17.83 655.23 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.10 18.08 664.42 2.95 15.02 551.89</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.95 17.93 658.91 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.23 5.30 5.36 N/A 18.21 669.19 3.14 15.21 558.87</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.61 18.59 683.16 3.67 15.74 578.35</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.45 18.43 677.28 3.60 15.67 575.77</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.55 15.62 573.94</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.65 15.72 577.61</u></div>
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<div class="ContentPasted0"><u>Toledo El. 0.30 13.28 487.91 -0.61 11.46 421.24</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3461 up 0.0002</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 6.64 1/4 JUL23 HI 6.64 1/4</u></div>
<div class="ContentPasted0"><u> LOW 6.40 LOW 6.40</u></div>
<div class="ContentPasted0"><u> CLOSE 6.47 1/2 Down 13 1/4 CLOSE 6.47 1/2 Down 13 1/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 8.83 SEP23 HI 8.84</u></div>
<div class="ContentPasted0"><u> LOW 8.66 1/4 LOW 8.67 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 8.78 3/4 Up 5 1/2 CLOSE 8.80 1/2 Up 5 1/2</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 2.19 1.72 1.25 N/A 2.39 1.52 0.84 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 2.60 2.00 1.30 1.60 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 2.30 1.80 1.30 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 1.30 1.15 2.00 1.50 0.85 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 2.30 1.80 1.30 1.25 1.85 1.35 0.85 1.15</u></div>
<div class="ContentPasted0"><u>Varna 2.60 2.00 1.30 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 2.19 1.72 1.25 1.66 2.39 1.52 0.84 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 2.06</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.98 N/A N/A N/A 1.51 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 1.90 N/A N/A N/A 2.04 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 6.23US 8.38CA 6.23US 8.38CA</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 685.54</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 385.00</u></div>
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<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>
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<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
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