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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 17</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3439 down 0.0022</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower to lower.</u></div>
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<div class="ContentPasted0"><u> JUL23 HI 5.82 3/4 DEC23 HI 5.07 3/4</u></div>
<div class="ContentPasted0"><u> LOW 5.54 1/4 LOW 4.94</u></div>
<div class="ContentPasted0"><u> CLOSE5.61 1/2 Down 19 3/4 CLOSE 4.99 Down 6 1/4</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 0.80 6.42 252.55 0.95 5.94 233.85</u></div>
<div class="ContentPasted0"><u>CK High 1.00 6.62 260.42 1.15 6.14 241.72</u></div>
<div class="ContentPasted0"><u>CK Avg 0.97 -0.71 6.59 259.30 1.12 -0.44 6.11 240.60</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 6.62 260.42 1.15 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 6.62 260.42 1.15 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 6.62 260.42 1.15 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.00 -0.69 6.62 260.42 1.15 -0.42 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 6.63 261.08 1.17 6.16 242.38</u></div>
<div class="ContentPasted0"><u>Bruce 0.95 6.57 258.45 1.10 6.09 239.75</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 6.62 260.42 1.15 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Burford 1.00 6.62 260.42 1.15 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Port Perry 0.85 6.47 254.52 1.00 5.99 235.82</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 6.62 260.42 1.15 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Palmerston 0.95 6.57 258.45 1.10 6.09 239.75</u></div>
<div class="ContentPasted0"><u>Varna 1.00 6.62 260.42 1.15 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Belmore 1.00 6.62 260.42 1.15 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Trenton 0.90 6.52 256.48 1.00 5.99 235.82</u></div>
<div class="ContentPasted0"><u>Winchester 0.90 6.52 256.48 1.25 6.24 245.66</u></div>
<div class="ContentPasted0"><u>North Gower 1.00 6.62 260.42 0.95 5.94 233.85</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.18 5.80 228.14 0.92 5.91 232.67</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.95 0.95 1.05 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.20 6.19 243.69</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.86 6.48 254.91N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 1.00 1.05 1.20N/A 6.62 260.42 1.15 6.14 241.72</u></div>
<div class="ContentPasted0"><u>FOB SW Que 0.97 6.59 259.24N/A</u></div>
<div class="ContentPasted0"><u>Track 1.31 6.93 272.72N/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 6.64 261.41</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 1.31 6.93 272.72</u></div>
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<div class="ContentPasted0"><u>US Rep 2.13 7.75 304.91</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.00 5.62 221.05 -0.40 4.59 180.58</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.45 6.44 253.53</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.58 6.57 258.65</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.14</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3439 down 0.0022</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed moderately lower.</u></div>
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<div class="ContentPasted0"><u> AUG23 HI 13.00 1/4 NOV23 HI 12.08 1/2</u></div>
<div class="ContentPasted0"><u> LOW 12.71 1/4 LOW 11.84</u></div>
<div class="ContentPasted0"><u> CLOSE12.74 3/4 Down 23 1/2 CLOSE 11.87 1/2 Down 19 1/2</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 4.75 17.50 642.92 2.90 14.78 542.89</u></div>
<div class="ContentPasted0"><u>CK High 4.87 17.62 647.33 3.20 15.08 553.91</u></div>
<div class="ContentPasted0"><u>CK Average 4.81 0.32 17.56 645.08 2.97 -0.83 14.85 545.57</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.75 17.50 642.92 2.90 14.78 542.89</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.75 17.50 642.92 2.90 14.78 542.89</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.90 17.65 648.43 3.00 14.88 546.56</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.81 0.32 17.56 645.22 2.95 -0.85 14.82 544.63</u></div>
<div class="ContentPasted0"><u>Hensall 4.83 17.58 645.99 2.97 14.84 545.34</u></div>
<div class="ContentPasted0"><u>Bruce 4.90 17.65 648.43 3.00 14.88 546.56</u></div>
<div class="ContentPasted0"><u>Putnam 4.80 17.55 644.76 2.95 14.83 544.73</u></div>
<div class="ContentPasted0"><u>Burford 4.90 17.65 648.43 3.04 14.92 548.03</u></div>
<div class="ContentPasted0"><u>Port Perry 4.71 17.46 641.45 2.85 14.73 541.05</u></div>
<div class="ContentPasted0"><u>Norfolk 4.75 17.50 642.92 2.90 14.78 542.89</u></div>
<div class="ContentPasted0"><u>Palmerston 4.90 17.65 648.43 3.00 14.88 546.56</u></div>
<div class="ContentPasted0"><u>Varna 4.80 17.55 644.76 2.95 14.83 544.73</u></div>
<div class="ContentPasted0"><u>Trenton 4.80 17.55 644.76 2.95 14.83 544.73</u></div>
<div class="ContentPasted0"><u>Winchester 4.97 17.72 651.01 3.10 14.98 550.24</u></div>
<div class="ContentPasted0"><u>North Gower 4.97 17.72 651.01 3.20 15.08 553.91</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.75 17.50 642.92 3.19 15.07 553.54</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.80 4.94 5.20 N/A 17.55 644.76 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.05 17.80 653.95 2.90 14.78 542.89</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.95 17.70 650.27 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.16 5.23 5.29 N/A 17.91 657.99 3.07 14.95 549.13</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.56 18.31 672.69 3.61 15.49 568.98</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.40 18.15 666.81 3.55 15.43 566.77</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.57 15.45 567.51</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.65 15.53 570.45</u></div>
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<div class="ContentPasted0"><u>Toledo El. 0.30 13.04 479.25 -0.60 11.27 414.11</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3439 down 0.0022</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed moderately lower to lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 6.54 1/4 JUL23 HI 6.54 1/4</u></div>
<div class="ContentPasted0"><u> LOW 6.16 LOW 6.16</u></div>
<div class="ContentPasted0"><u> CLOSE 6.25 1/2 Down 22 CLOSE 6.25 1/2 Down 22</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed moderately lower to lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 8.88 1/2 SEP23 HI 8.89 1/2</u></div>
<div class="ContentPasted0"><u> LOW 8.55 LOW 8.55</u></div>
<div class="ContentPasted0"><u> CLOSE 8.59 3/4 Down 19 CLOSE 8.59 3/4 Down 20 3/4</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 1.30 N/A N/A N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>London 2.12 1.65 1.18 N/A 2.32 1.45 0.90 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 1.20 N/A N/A N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Norwich N/A N/A 1.30 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 1.30 N/A 2.65 N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Chatham N/A N/A 1.20 N/A N/A N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 1.20 N/A N/A N/A 0.85 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 1.30 N/A 2.65 1.60 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Thornton 2.12 1.65 1.18 1.68 2.32 1.45 0.90 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 1.94</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.92 N/A N/A N/A 1.45 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 1.82 N/A N/A N/A 1.95 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 6.01US 8.07CA 6.01US 8.07CA</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 681.57</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>
<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>
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