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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, May 18</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3508 up 0.0069</u></div>
<div class="ContentPasted0"><u>Chicago corn closed mixed.</u></div>
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<div class="ContentPasted0"><u> JUL23 HI 5.61 3/4 DEC23 HI 5.02 1/2</u></div>
<div class="ContentPasted0"><u> LOW 5.47 LOW 4.90 3/4</u></div>
<div class="ContentPasted0"><u> CLOSE5.55 1/4 Down 6 1/4 CLOSE 5.00 3/4 Up 1 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 0.80 6.35 250.09 0.95 5.96 234.54</u></div>
<div class="ContentPasted0"><u>CK High 1.00 6.55 257.96 1.15 6.16 242.41</u></div>
<div class="ContentPasted0"><u>CK Avg 0.97 -0.72 6.52 256.84 1.11 -0.48 6.12 241.00</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 6.55 257.96 1.15 6.16 242.41</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 6.55 257.96 1.10 6.11 240.44</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 6.55 257.96 1.15 6.16 242.41</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.00 -0.70 6.55 257.96 1.13 -0.46 6.14 241.75</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 6.57 258.62 1.17 6.17 243.07</u></div>
<div class="ContentPasted0"><u>Bruce 0.90 6.45 254.02 1.05 6.06 238.47</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 6.55 257.96 1.15 6.16 242.41</u></div>
<div class="ContentPasted0"><u>Burford 0.95 6.50 255.99 1.10 6.11 240.44</u></div>
<div class="ContentPasted0"><u>Port Perry 0.80 6.35 250.09 0.95 5.96 234.54</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 6.55 257.96 1.15 6.16 242.41</u></div>
<div class="ContentPasted0"><u>Palmerston 0.90 6.45 254.02 1.05 6.06 238.47</u></div>
<div class="ContentPasted0"><u>Varna 1.00 6.55 257.96 1.15 6.16 242.41</u></div>
<div class="ContentPasted0"><u>Belmore 1.00 6.55 257.96 1.05 6.06 238.47</u></div>
<div class="ContentPasted0"><u>Trenton 0.95 6.50 255.99 1.00 6.01 236.50</u></div>
<div class="ContentPasted0"><u>Winchester 0.90 6.45 254.02 1.25 6.26 246.35</u></div>
<div class="ContentPasted0"><u>North Gower 1.00 6.55 257.96 0.95 5.96 234.54</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.14 5.69 224.10 0.89 5.90 232.17</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.90 0.92 1.00 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.20 6.21 244.38</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.60 6.15 242.21N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 0.90 0.95 1.00N/A 6.45 254.02 1.10 6.11 240.44</u></div>
<div class="ContentPasted0"><u>FOB SW Que 1.00 6.55 257.96N/A</u></div>
<div class="ContentPasted0"><u>Track 1.36 6.91 271.94N/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 6.66 262.09</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 1.36 6.91 271.94</u></div>
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<div class="ContentPasted0"><u>US Rep 2.15 7.70 303.23</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.00 5.55 218.59 -0.41 4.60 181.18</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.40 6.41 252.25</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.57 6.58 258.94</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.15 3/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3508 up 0.0069</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="ContentPasted0"><u> AUG23 HI 12.82 1/4 NOV23 HI 11.95</u></div>
<div class="ContentPasted0"><u> LOW 12.59 1/2 LOW 11.74 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE12.69 1/2 Down 5 1/4 CLOSE 11.87 Down 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 17.45 640.99 2.80 14.67 539.03</u></div>
<div class="ContentPasted0"><u>CK High 4.84 17.54 644.30 2.95 14.82 544.54</u></div>
<div class="ContentPasted0"><u>CK Average 4.79 0.25 17.48 642.41 2.87 -0.96 14.74 541.55</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.80 17.50 642.83 2.85 14.72 540.87</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.75 17.45 640.99 2.80 14.67 539.03</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.80 17.50 642.83 2.91 14.78 543.07</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.77 0.23 17.46 641.55 2.84 -0.98 14.71 540.50</u></div>
<div class="ContentPasted0"><u>Hensall 4.75 17.45 640.99 2.80 14.67 539.03</u></div>
<div class="ContentPasted0"><u>Bruce 4.75 17.45 640.99 2.80 14.67 539.03</u></div>
<div class="ContentPasted0"><u>Putnam 4.75 17.45 640.99 2.80 14.67 539.03</u></div>
<div class="ContentPasted0"><u>Burford 4.86 17.56 645.04 3.01 14.88 546.75</u></div>
<div class="ContentPasted0"><u>Port Perry 4.70 17.40 639.16 2.85 14.72 540.87</u></div>
<div class="ContentPasted0"><u>Norfolk 4.80 17.50 642.83 2.85 14.72 540.87</u></div>
<div class="ContentPasted0"><u>Palmerston 4.75 17.45 640.99 2.80 14.67 539.03</u></div>
<div class="ContentPasted0"><u>Varna 4.75 17.45 640.99 2.80 14.67 539.03</u></div>
<div class="ContentPasted0"><u>Trenton 4.80 17.50 642.83 2.95 14.82 544.54</u></div>
<div class="ContentPasted0"><u>Winchester 4.99 17.69 649.81 3.10 14.97 550.05</u></div>
<div class="ContentPasted0"><u>North Gower 4.99 17.69 649.81 3.20 15.07 553.73</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.69 17.39 638.79 3.10 14.97 550.05</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.72 4.85 5.12 N/A 17.42 639.89 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.00 17.70 650.18 2.85 14.72 540.87</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.80 17.50 642.83 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.11 5.18 5.25 N/A 17.81 654.22 3.04 14.91 547.85</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.56 18.26 670.76 3.61 15.48 568.79</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.35 18.05 663.04 3.50 15.37 564.75</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.48 15.35 564.02</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.62 15.49 569.16</u></div>
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<div class="ContentPasted0"><u>Toledo El. 0.30 12.99 477.38 -0.61 11.26 413.81</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3508 up 0.0069</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed moderately lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 6.26 1/2 JUL23 HI 6.26 1/2</u></div>
<div class="ContentPasted0"><u> LOW 6.05 1/2 LOW 6.05 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 6.11 3/4 Down 13 3/4 CLOSE 6.11 3/4 Down 13 3/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 8.58 SEP23 HI 8.59</u></div>
<div class="ContentPasted0"><u> LOW 8.21 3/4 LOW 8.23 3/4</u></div>
<div class="ContentPasted0"><u> CLOSE 8.28 1/2 Down 31 1/4 CLOSE 8.30 3/4 Down 29</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 2.05 1.58 1.18 N/A 2.25 1.38 0.77 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 2.05 1.58 1.18 1.54 2.25 1.38 0.77 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 1.85 N/A N/A N/A 1.38 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 1.94 N/A N/A N/A 2.01 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 5.87US 7.93CA 5.87US 7.93CA</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 669.22</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 385.00</u></div>
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<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>
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