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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, May 23</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3499 up 0.0002</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly to moderately higher.</u></div>
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<div class="ContentPasted0"><u> JUL23 HI 5.80 3/4 DEC23 HI 5.19 1/2</u></div>
<div class="ContentPasted0"><u> LOW 5.64 LOW 5.04 3/4</u></div>
<div class="ContentPasted0"><u> CLOSE5.77 1/2 Up 6 1/2 CLOSE 5.16 3/4 Up 7 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 0.90 6.68 262.78 1.05 6.22 244.77</u></div>
<div class="ContentPasted0"><u>CK High 1.00 6.78 266.72 1.15 6.32 248.71</u></div>
<div class="ContentPasted0"><u>CK Avg 0.99 -0.77 6.76 266.16 1.13 -0.50 6.30 247.87</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 6.78 266.72 1.15 6.32 248.71</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 6.78 266.72 1.10 6.27 246.74</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 6.78 266.72 1.15 6.32 248.71</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.00 -0.76 6.78 266.72 1.13 -0.50 6.30 248.05</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 6.79 267.38 1.17 6.33 249.37</u></div>
<div class="ContentPasted0"><u>Bruce 0.90 6.68 262.78 1.05 6.22 244.77</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 6.78 266.72 1.15 6.32 248.71</u></div>
<div class="ContentPasted0"><u>Burford 0.95 6.73 264.75 1.10 6.27 246.74</u></div>
<div class="ContentPasted0"><u>Port Perry 0.80 6.58 258.85 0.95 6.12 240.84</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 6.78 266.72 1.15 6.32 248.71</u></div>
<div class="ContentPasted0"><u>Palmerston 0.90 6.68 262.78 1.05 6.22 244.77</u></div>
<div class="ContentPasted0"><u>Varna 1.00 6.78 266.72 1.15 6.32 248.71</u></div>
<div class="ContentPasted0"><u>Belmore 1.00 6.78 266.72 1.05 6.22 244.77</u></div>
<div class="ContentPasted0"><u>Trenton 0.85 6.63 260.81 1.00 6.17 242.80</u></div>
<div class="ContentPasted0"><u>Winchester 0.90 6.68 262.78 1.20 6.37 250.68</u></div>
<div class="ContentPasted0"><u>North Gower 1.00 6.78 266.72 0.95 6.12 240.84</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.25 6.03 237.19 0.96 6.13 241.23</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.81 1.02 1.09 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.15 6.32 248.71</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.88 6.66 262.00N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 0.95 1.00 1.05N/A 6.73 264.75 1.15 6.32 248.71</u></div>
<div class="ContentPasted0"><u>FOB SW Que 0.77 6.55 257.67N/A</u></div>
<div class="ContentPasted0"><u>Track 1.41 7.19 282.86N/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 6.82 268.39</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 1.43 7.20 283.45</u></div>
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<div class="ContentPasted0"><u>US Rep 2.22 8.00 314.75</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.00 5.78 227.35 -0.40 4.76 187.49</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.40 6.57 258.55</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.65 6.82 268.39</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.31 3/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3499 up 0.0002</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="ContentPasted0"><u> AUG23 HI 12.74 1/4 NOV23 HI 11.99 3/4</u></div>
<div class="ContentPasted0"><u> LOW 12.53 1/4 LOW 11.82 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE12.58 3/4 Down 16 3/4 CLOSE 11.87 3/4 Down 9 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 17.39 638.88 2.90 14.78 542.98</u></div>
<div class="ContentPasted0"><u>CK High 4.90 17.49 642.56 3.00 14.88 546.65</u></div>
<div class="ContentPasted0"><u>CK Average 4.86 0.34 17.45 641.09 2.95 -0.89 14.83 544.82</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.85 17.44 640.72 2.95 14.83 544.82</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.80 17.39 638.88 2.90 14.78 542.98</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.90 17.49 642.56 2.95 14.83 544.82</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.85 0.33 17.43 640.53 2.93 -0.91 14.80 543.90</u></div>
<div class="ContentPasted0"><u>Hensall 4.83 17.42 640.11 2.90 14.78 542.98</u></div>
<div class="ContentPasted0"><u>Bruce 4.80 17.39 638.88 2.90 14.78 542.98</u></div>
<div class="ContentPasted0"><u>Putnam 4.90 17.49 642.56 2.90 14.78 542.98</u></div>
<div class="ContentPasted0"><u>Burford 4.91 17.50 642.92 3.03 14.91 547.76</u></div>
<div class="ContentPasted0"><u>Port Perry 4.75 17.34 637.04 2.87 14.75 541.88</u></div>
<div class="ContentPasted0"><u>Norfolk 4.85 17.44 640.72 2.95 14.83 544.82</u></div>
<div class="ContentPasted0"><u>Palmerston 4.80 17.39 638.88 2.90 14.78 542.98</u></div>
<div class="ContentPasted0"><u>Varna 4.80 17.39 638.88 2.90 14.78 542.98</u></div>
<div class="ContentPasted0"><u>Trenton 4.85 17.44 640.72 2.90 14.78 542.98</u></div>
<div class="ContentPasted0"><u>Winchester 4.80 17.39 638.88 3.20 15.08 554.00</u></div>
<div class="ContentPasted0"><u>North Gower 4.99 17.58 645.86 3.20 15.08 554.00</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.73 17.32 636.31 3.19 15.07 553.64</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.74 4.88 5.15 N/A 17.33 636.68 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.05 17.64 648.07 2.95 14.83 544.82</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.76 17.35 637.41 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.17 5.23 5.30 N/A 17.76 652.48 3.12 15.00 551.06</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.53 18.12 665.70 3.63 15.51 569.80</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.40 17.99 660.93 3.60 15.48 568.70</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.57 15.45 567.60</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.70 15.58 572.38</u></div>
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<div class="ContentPasted0"><u>Toledo El. 1.16 13.75 505.17 -0.61 11.27 414.10</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3499 up 0.0002</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed moderately higher.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 6.24 3/4 JUL23 HI 6.24 3/4</u></div>
<div class="ContentPasted0"><u> LOW 5.94 1/4 LOW 5.94 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 6.22 1/4 Up 16 CLOSE 6.22 1/4 Up 16</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed moderately higher.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 8.31 3/4 SEP23 HI 8.35 1/4</u></div>
<div class="ContentPasted0"><u> LOW 7.99 LOW 8.02 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 8.20 3/4 Up 11 1/4 CLOSE 8.24 1/4 Up 11 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 2.07 1.59 1.19 N/A 2.27 1.39 0.85 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 2.07 1.59 1.19 1.53 2.27 1.39 0.85 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 1.97</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.86 N/A N/A N/A 1.39 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 1.97 N/A N/A N/A 2.04 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 5.97US 8.06CA 5.97US 8.06CA</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 660.74</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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