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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, May 25</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3625 up 0.0045</u></div>
<div class="ContentPasted0"><u>Chicago corn closed mixed.</u></div>
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<div class="ContentPasted0"><u> JUL23 HI 5.93 DEC23 HI 5.23 1/4</u></div>
<div class="ContentPasted0"><u> LOW 5.83 1/2 LOW 5.13 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE5.90 3/4 Up 3 1/2 CLOSE 5.16 Down 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 0.95 6.86 269.97 1.10 6.26 246.45</u></div>
<div class="ContentPasted0"><u>CK High 1.00 6.91 271.94 1.15 6.31 248.41</u></div>
<div class="ContentPasted0"><u>CK Avg 0.99 -0.84 6.90 271.66 1.14 -0.54 6.30 247.85</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 6.91 271.94 1.15 6.31 248.41</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 6.91 271.94 1.10 6.26 246.45</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 6.91 271.94 1.15 6.31 248.41</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.00 -0.84 6.91 271.94 1.13 -0.54 6.29 247.76</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 6.92 272.59 1.17 6.33 249.07</u></div>
<div class="ContentPasted0"><u>Bruce 0.90 6.81 268.00 1.05 6.21 244.48</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 6.91 271.94 1.15 6.31 248.41</u></div>
<div class="ContentPasted0"><u>Burford 0.95 6.86 269.97 1.10 6.26 246.45</u></div>
<div class="ContentPasted0"><u>Port Perry 0.80 6.71 264.06 0.95 6.11 240.54</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 6.91 271.94 1.15 6.31 248.41</u></div>
<div class="ContentPasted0"><u>Palmerston 0.90 6.81 268.00 1.05 6.21 244.48</u></div>
<div class="ContentPasted0"><u>Varna 1.00 6.91 271.94 1.15 6.31 248.41</u></div>
<div class="ContentPasted0"><u>Belmore 1.00 6.91 271.94 1.05 6.21 244.48</u></div>
<div class="ContentPasted0"><u>Trenton 0.90 6.81 268.00 1.00 6.16 242.51</u></div>
<div class="ContentPasted0"><u>Winchester 0.90 6.81 268.00 1.20 6.36 250.38</u></div>
<div class="ContentPasted0"><u>North Gower 0.95 6.86 269.97 1.00 6.16 242.51</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.33 6.24 245.56 1.04 6.20 244.08</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.91 1.12 1.19 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.15 6.31 248.41</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.96 6.87 270.36N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 0.95 1.00 1.05N/A 6.86 269.97 1.15 6.31 248.41</u></div>
<div class="ContentPasted0"><u>FOB SW Que 1.00 6.91 271.94N/A</u></div>
<div class="ContentPasted0"><u>Track 1.49 7.40 291.23N/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 6.81 268.10</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 1.50 7.40 291.42</u></div>
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<div class="ContentPasted0"><u>US Rep 2.34 8.25 324.69</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.00 5.91 232.57 -0.41 4.75 187.05</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.40 6.56 258.26</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.73 6.89 271.25</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.31</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3625 up 0.0045</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="ContentPasted0"><u> AUG23 HI 12.64 1/4 NOV23 HI 11.85 1/2</u></div>
<div class="ContentPasted0"><u> LOW 12.35 3/4 LOW 11.63 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE12.49 3/4 Down 9 CLOSE 11.72 1/4 Down 12 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 4.88 17.38 638.51 2.95 14.67 539.12</u></div>
<div class="ContentPasted0"><u>CK High 5.14 17.64 648.07 3.05 14.77 542.80</u></div>
<div class="ContentPasted0"><u>CK Average 4.93 0.29 17.43 640.40 3.00 -0.92 14.72 540.91</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.90 17.40 639.25 3.00 14.72 540.96</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.85 17.35 637.41 2.95 14.67 539.12</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.90 17.40 639.25 3.02 14.74 541.69</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.88 0.25 17.38 638.42 2.98 -0.93 14.70 540.22</u></div>
<div class="ContentPasted0"><u>Hensall 4.90 17.40 639.25 2.98 14.71 540.35</u></div>
<div class="ContentPasted0"><u>Bruce 4.80 17.30 635.57 2.90 14.62 537.28</u></div>
<div class="ContentPasted0"><u>Putnam 4.90 17.40 639.25 2.95 14.67 539.12</u></div>
<div class="ContentPasted0"><u>Burford 4.96 17.46 641.45 3.12 14.84 545.37</u></div>
<div class="ContentPasted0"><u>Port Perry 4.80 17.30 635.57 2.96 14.68 539.49</u></div>
<div class="ContentPasted0"><u>Norfolk 4.90 17.40 639.25 3.00 14.72 540.96</u></div>
<div class="ContentPasted0"><u>Palmerston 4.80 17.30 635.57 2.90 14.62 537.28</u></div>
<div class="ContentPasted0"><u>Varna 4.90 17.40 639.25 3.00 14.72 540.96</u></div>
<div class="ContentPasted0"><u>Trenton 4.90 17.40 639.25 2.90 14.62 537.28</u></div>
<div class="ContentPasted0"><u>Winchester N/A 3.20 14.92 548.31</u></div>
<div class="ContentPasted0"><u>North Gower 4.89 17.39 638.88 3.20 14.92 548.31</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.93 17.43 640.35 3.27 14.99 550.88</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.86 5.00 5.27 5.34 17.36 637.78 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.10 17.60 646.60 3.00 14.72 540.96</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.93 17.43 640.35 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.15 5.28 5.42 N/A 17.65 648.43 3.22 14.94 549.04</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.67 18.17 667.54 3.75 15.47 568.52</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.45 17.95 659.46 3.65 15.37 564.84</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.65 15.37 564.84</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.73 15.45 567.78</u></div>
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<div class="ContentPasted0"><u>Toledo El. 1.31 13.81 507.26 -0.61 11.11 408.20</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3625 up 0.0045</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed narrowly mixed.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 6.16 1/2 JUL23 HI 6.16 1/2</u></div>
<div class="ContentPasted0"><u> LOW 5.99 LOW 5.99</u></div>
<div class="ContentPasted0"><u> CLOSE 6.04 1/4 Down 2 CLOSE 6.04 1/4 Down 2</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 8.12 1/4 SEP23 HI 8.15 1/4</u></div>
<div class="ContentPasted0"><u> LOW 7.95 1/2 LOW 7.99 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 8.05 1/2 Up 6 1/2 CLOSE 8.08 Up 6 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 2.15 1.67 1.26 N/A 2.35 1.47 0.92 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 2.15 1.67 1.26 1.53 2.35 1.47 0.92 N/A</u></div>
<div class="ContentPasted0"><u>North Gower N/A 1.00 1.30 1.42 N/A 0.90 1.10 1.17</u></div>
<div class="ContentPasted0"><u>W O Feed 2.05</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.94 N/A N/A N/A 1.46 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 N/A N/A N/A N/A 1.99 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 5.79US 7.89CA 5.79US 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 647.29</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 365.00</u></div>
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<div id="Signature">
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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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