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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 24</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.358 up 0.0081</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 5.89 3/4 DEC23 HI 5.27 1/4</u></div>
<div class="ContentPasted0"><u> LOW 5.74 LOW 5.15 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE5.87 1/4 Up 9 3/4 CLOSE 5.20 Up 3 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 0.90 6.77 266.62 1.10 6.30 248.02</u></div>
<div class="ContentPasted0"><u>CK High 1.00 6.87 270.56 1.15 6.35 249.99</u></div>
<div class="ContentPasted0"><u>CK Avg 0.99 -0.82 6.86 270.00 1.14 -0.53 6.34 249.43</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 6.87 270.56 1.15 6.35 249.99</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 6.87 270.56 1.10 6.30 248.02</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 6.87 270.56 1.15 6.35 249.99</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.00 -0.81 6.87 270.56 1.13 -0.54 6.33 249.33</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 6.89 271.21 1.17 6.37 250.64</u></div>
<div class="ContentPasted0"><u>Bruce 0.90 6.77 266.62 1.05 6.25 246.05</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 6.87 270.56 1.15 6.35 249.99</u></div>
<div class="ContentPasted0"><u>Burford 0.95 6.82 268.59 1.10 6.30 248.02</u></div>
<div class="ContentPasted0"><u>Port Perry 0.80 6.67 262.68 0.95 6.15 242.11</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 6.87 270.56 1.15 6.35 249.99</u></div>
<div class="ContentPasted0"><u>Palmerston 0.90 6.77 266.62 1.05 6.25 246.05</u></div>
<div class="ContentPasted0"><u>Varna 1.00 6.87 270.56 1.15 6.35 249.99</u></div>
<div class="ContentPasted0"><u>Belmore 1.00 6.87 270.56 1.05 6.25 246.05</u></div>
<div class="ContentPasted0"><u>Trenton 0.90 6.77 266.62 1.00 6.20 244.08</u></div>
<div class="ContentPasted0"><u>Winchester 0.90 6.77 266.62 1.20 6.40 251.96</u></div>
<div class="ContentPasted0"><u>North Gower 1.00 6.87 270.56 0.95 6.15 242.11</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.33 6.20 244.18 1.04 6.24 245.66</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.85 1.06 1.13 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.15 6.35 249.99</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.88 6.75 265.83N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 0.95 1.00 1.05N/A 6.82 268.59 1.15 6.35 249.99</u></div>
<div class="ContentPasted0"><u>FOB SW Que 0.83 6.70 263.87N/A</u></div>
<div class="ContentPasted0"><u>Track 1.49 7.37 290.01N/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 6.85 269.67</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 1.51 7.38 290.54</u></div>
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<div class="ContentPasted0"><u>US Rep 2.31 8.18 322.13</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.00 5.87 231.19 -0.41 4.79 188.68</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.40 6.60 259.83</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.73 6.93 272.82</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.35</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.358 up 0.0081</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower to steady.</u></div>
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<div class="ContentPasted0"><u> AUG23 HI 12.71 1/2 NOV23 HI 11.95 1/2</u></div>
<div class="ContentPasted0"><u> LOW 12.50 3/4 LOW 11.78 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE12.58 3/4 Unchanged CLOSE 11.85 Down 2 3/4</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 4.84 17.43 640.35 2.95 14.80 543.81</u></div>
<div class="ContentPasted0"><u>CK High 4.96 17.55 644.76 3.05 14.90 547.48</u></div>
<div class="ContentPasted0"><u>CK Average 4.88 0.27 17.47 641.77 2.97 -0.94 14.82 544.59</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.85 17.44 640.72 2.95 14.80 543.81</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.80 17.39 638.88 2.90 14.75 541.97</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.90 17.49 642.56 2.95 14.80 543.81</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.84 0.25 17.43 640.44 2.93 -0.96 14.78 543.16</u></div>
<div class="ContentPasted0"><u>Hensall 4.83 17.42 640.11 2.92 14.77 542.58</u></div>
<div class="ContentPasted0"><u>Bruce 4.80 17.39 638.88 2.90 14.75 541.97</u></div>
<div class="ContentPasted0"><u>Putnam 4.90 17.49 642.56 2.95 14.80 543.81</u></div>
<div class="ContentPasted0"><u>Burford 4.92 17.51 643.29 3.03 14.88 546.75</u></div>
<div class="ContentPasted0"><u>Port Perry 4.76 17.35 637.41 2.87 14.72 540.87</u></div>
<div class="ContentPasted0"><u>Norfolk 4.85 17.44 640.72 2.95 14.80 543.81</u></div>
<div class="ContentPasted0"><u>Palmerston 4.80 17.39 638.88 2.90 14.75 541.97</u></div>
<div class="ContentPasted0"><u>Varna 4.80 17.39 638.88 2.90 14.75 541.97</u></div>
<div class="ContentPasted0"><u>Trenton 4.90 17.49 642.56 2.90 14.75 541.97</u></div>
<div class="ContentPasted0"><u>Winchester N/A 3.20 15.05 552.99</u></div>
<div class="ContentPasted0"><u>North Gower 5.01 17.60 646.60 3.20 15.05 552.99</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.85 17.44 640.72 3.27 15.12 555.56</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.79 4.93 5.20 N/A 17.38 638.51 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.05 17.64 648.07 2.95 14.80 543.81</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.76 17.35 637.41 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.04 5.17 5.31 N/A 17.63 647.70 3.13 14.98 550.42</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.63 18.22 669.38 3.72 15.57 572.10</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 15.45 567.69</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.65 15.50 569.53</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.71 15.56 571.73</u></div>
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<div class="ContentPasted0"><u>Toledo El. 1.20 13.78 506.42 -0.61 11.24 412.96</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.358 up 0.0081</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed moderately lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 6.24 1/2 JUL23 HI 6.24 1/2</u></div>
<div class="ContentPasted0"><u> LOW 6.02 1/4 LOW 6.02 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 6.06 1/4 Down 16 CLOSE 6.06 1/4 Down 16</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 8.24 SEP23 HI 8.26 1/2</u></div>
<div class="ContentPasted0"><u> LOW 7.97 LOW 8.00 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 7.99 Down 21 3/4 CLOSE 8.01 1/2 Down 22 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 2.11 1.64 1.23 N/A 2.31 1.43 0.89 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 2.11 1.64 1.23 1.53 2.31 1.43 0.89 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 1.90 N/A N/A N/A 1.43 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 2.03 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 5.81US 7.89CA 5.81US 7.89CA</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 652.80</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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