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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 22</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3497 down 0.0006</u></div>
<div class="ContentPasted0"><u>Chicago corn closed moderately higher to higher.</u></div>
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<div class="ContentPasted0"><u> JUL23 HI 5.75 1/2 DEC23 HI 5.10</u></div>
<div class="ContentPasted0"><u> LOW 5.53 1/4 LOW 4.96 3/4</u></div>
<div class="ContentPasted0"><u> CLOSE5.71 Up 16 1/2 CLOSE 5.09 Up 9 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 6.51 256.29 0.95 6.04 237.78</u></div>
<div class="ContentPasted0"><u>CK High 1.00 6.71 264.16 1.15 6.24 245.66</u></div>
<div class="ContentPasted0"><u>CK Avg 0.97 -0.76 6.68 263.04 1.11 -0.49 6.20 244.25</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 6.71 264.16 1.15 6.24 245.66</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 6.71 264.16 1.10 6.19 243.69</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 6.71 264.16 1.15 6.24 245.66</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.00 -0.74 6.71 264.16 1.13 -0.48 6.22 245.00</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 6.73 264.82 1.17 6.26 246.31</u></div>
<div class="ContentPasted0"><u>Bruce 0.90 6.61 260.22 1.05 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 6.71 264.16 1.15 6.24 245.66</u></div>
<div class="ContentPasted0"><u>Burford 0.95 6.66 262.19 1.10 6.19 243.69</u></div>
<div class="ContentPasted0"><u>Port Perry 0.80 6.51 256.29 0.95 6.04 237.78</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 6.71 264.16 1.15 6.24 245.66</u></div>
<div class="ContentPasted0"><u>Palmerston 0.90 6.61 260.22 1.05 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Varna 1.00 6.71 264.16 1.15 6.24 245.66</u></div>
<div class="ContentPasted0"><u>Belmore 1.00 6.71 264.16 1.05 6.14 241.72</u></div>
<div class="ContentPasted0"><u>Trenton 0.85 6.56 258.26 1.00 6.09 239.75</u></div>
<div class="ContentPasted0"><u>Winchester 0.90 6.61 260.22 1.25 6.34 249.59</u></div>
<div class="ContentPasted0"><u>North Gower 1.00 6.71 264.16 0.95 6.04 237.78</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.14 5.85 230.30 0.89 5.98 235.42</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.90 0.95 1.02 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.20 6.29 247.63</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.60 6.31 248.41N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 0.95 1.00 1.05N/A 6.66 262.19 1.15 6.24 245.66</u></div>
<div class="ContentPasted0"><u>FOB SW Que 1.00 6.71 264.16N/A</u></div>
<div class="ContentPasted0"><u>Track 1.39 7.10 279.44N/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 6.74 265.34</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 1.41 7.12 280.11</u></div>
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<div class="ContentPasted0"><u>US Rep 2.20 7.91 311.40</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.00 5.71 224.79 -0.40 4.69 184.44</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.40 6.49 255.50</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.57 6.66 262.19</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.24</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3497 down 0.0006</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly to moderately higher.</u></div>
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<div class="ContentPasted0"><u> AUG23 HI 12.78 NOV23 HI 11.99 3/4</u></div>
<div class="ContentPasted0"><u> LOW 12.45 1/4 LOW 11.72</u></div>
<div class="ContentPasted0"><u> CLOSE12.75 1/2 Up 27 1/2 CLOSE 11.97 Up 21 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 4.79 17.55 644.67 2.90 14.87 546.38</u></div>
<div class="ContentPasted0"><u>CK High 4.86 17.62 647.24 3.00 14.97 550.05</u></div>
<div class="ContentPasted0"><u>CK Average 4.82 0.27 17.58 645.82 2.92 -0.94 14.89 547.01</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.80 17.56 645.04 2.90 14.87 546.38</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.75 17.51 643.20 2.85 14.82 544.54</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.85 17.61 646.87 2.90 14.87 546.38</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.79 0.25 17.55 644.76 2.89 -0.96 14.86 545.92</u></div>
<div class="ContentPasted0"><u>Hensall 4.80 17.56 645.04 2.87 14.84 545.15</u></div>
<div class="ContentPasted0"><u>Bruce 4.80 17.56 645.04 2.90 14.87 546.38</u></div>
<div class="ContentPasted0"><u>Putnam 4.85 17.61 646.87 2.90 14.87 546.38</u></div>
<div class="ContentPasted0"><u>Burford 4.87 17.63 647.61 3.00 14.97 550.05</u></div>
<div class="ContentPasted0"><u>Port Perry 4.71 17.47 641.73 2.84 14.81 544.17</u></div>
<div class="ContentPasted0"><u>Norfolk 4.80 17.56 645.04 2.90 14.87 546.38</u></div>
<div class="ContentPasted0"><u>Palmerston 4.80 17.56 645.04 2.90 14.87 546.38</u></div>
<div class="ContentPasted0"><u>Varna 4.80 17.56 645.04 2.90 14.87 546.38</u></div>
<div class="ContentPasted0"><u>Trenton 4.85 17.61 646.87 2.90 14.87 546.38</u></div>
<div class="ContentPasted0"><u>Winchester 5.01 17.77 652.75 3.10 15.07 553.73</u></div>
<div class="ContentPasted0"><u>North Gower 5.01 17.77 652.75 3.20 15.17 557.40</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.71 17.47 641.73 3.10 15.07 553.73</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.78 4.91 5.18 N/A 17.54 644.30 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.00 17.76 652.38 2.90 14.87 546.38</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.80 17.56 645.04 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.13 5.19 N/A N/A 17.89 657.16 3.09 15.06 553.36</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.58 18.34 673.70 3.67 15.64 574.67</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.35 18.11 665.24 3.55 15.52 570.26</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.48 15.45 567.69</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.67 15.64 574.67</u></div>
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<div class="ContentPasted0"><u>Toledo El. 0.30 13.05 479.58 -0.61 11.36 417.51</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3497 down 0.0006</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 6.13 3/4 JUL23 HI 6.13 3/4</u></div>
<div class="ContentPasted0"><u> LOW 5.96 1/4 LOW 5.96 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 6.06 1/4 Up 1 1/4 CLOSE 6.06 1/4 Up 1 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 8.15 1/2 SEP23 HI 8.18 1/2</u></div>
<div class="ContentPasted0"><u> LOW 7.93 LOW 7.95</u></div>
<div class="ContentPasted0"><u> CLOSE 8.09 1/2 Up 5 1/2 CLOSE 8.12 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 1.30 N/A N/A N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>London 2.04 1.57 1.16 N/A 2.24 1.36 0.82 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 2.04 1.57 1.16 1.45 2.24 1.36 0.82 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 1.92</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.83 N/A N/A N/A 1.36 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 1.92 N/A N/A N/A 1.99 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 5.81US 7.85CA 5.81US 7.85CA</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 667.13</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 365.00</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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