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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 29</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 down 0.0029</u></div>
<div class="ContentPasted0"><u>Markets in the U.S. were closed for the Memorial Day holiday</u></div>
<div class="ContentPasted0"><u>Chicago corn closed moderately higher to higher on Friday, May 26:</u></div>
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<div class="ContentPasted0"><u> JUL23 HI 6.06 3/4 DEC23 HI 5.35 3/4</u></div>
<div class="ContentPasted0"><u> LOW 5.88 1/4 LOW 5.14 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE6.04 Up 13 1/4 CLOSE 5.34 1/2 Up 18 1/2</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 6.99 275.18 1.10 6.45 253.73</u></div>
<div class="ContentPasted0"><u>CK High 1.00 7.04 277.15 1.15 6.50 255.70</u></div>
<div class="ContentPasted0"><u>CK Avg 0.99 -0.86 7.03 276.87 1.14 -0.57 6.48 255.13</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 7.04 277.15 1.15 6.50 255.70</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 7.04 277.15 1.10 6.45 253.73</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 7.04 277.15 1.15 6.50 255.70</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.00 -0.86 7.04 277.15 1.13 -0.57 6.48 255.04</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 7.06 277.81 1.17 6.51 256.35</u></div>
<div class="ContentPasted0"><u>Bruce 0.90 6.94 273.22 1.05 6.40 251.76</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 7.04 277.15 1.15 6.50 255.70</u></div>
<div class="ContentPasted0"><u>Burford 0.95 6.99 275.18 1.10 6.45 253.73</u></div>
<div class="ContentPasted0"><u>Port Perry 0.80 6.84 269.28 0.95 6.30 247.82</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 7.04 277.15 1.15 6.50 255.70</u></div>
<div class="ContentPasted0"><u>Palmerston 0.90 6.94 273.22 1.05 6.40 251.76</u></div>
<div class="ContentPasted0"><u>Varna 1.00 7.04 277.15 1.15 6.50 255.70</u></div>
<div class="ContentPasted0"><u>Belmore 1.00 7.04 277.15 1.05 6.40 251.76</u></div>
<div class="ContentPasted0"><u>Trenton 0.90 6.94 273.22 1.00 6.35 249.79</u></div>
<div class="ContentPasted0"><u>Winchester 0.90 6.94 273.22 1.20 6.55 257.67</u></div>
<div class="ContentPasted0"><u>North Gower 0.95 6.99 275.18 1.00 6.35 249.79</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.38 6.42 252.74 1.10 6.45 253.73</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.95 1.16 1.24 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.15 6.50 255.70</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.96 7.00 275.58N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 0.95 1.00 1.05N/A 6.99 275.18 1.15 6.50 255.70</u></div>
<div class="ContentPasted0"><u>FOB SW Que 0.91 6.95 273.61N/A</u></div>
<div class="ContentPasted0"><u>Track 1.53 7.57 298.02N/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 7.00 275.38</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 1.54 7.58 298.31</u></div>
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<div class="ContentPasted0"><u>US Rep 2.39 8.43 331.87</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.00 6.04 237.78 -0.41 4.94 194.38</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.40 6.75 265.54</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.78 7.13 280.50</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.49 1/2</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.358 down 0.0029</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly higher.</u></div>
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<div class="ContentPasted0"><u> AUG23 HI 12.67 3/4 NOV23 HI 11.92 3/4</u></div>
<div class="ContentPasted0"><u> LOW 12.46 1/2 LOW 11.69 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE12.61 Up 11 1/4 CLOSE 11.89 1/2 Up 17 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 4.90 17.51 643.38 2.99 14.89 546.93</u></div>
<div class="ContentPasted0"><u>CK High 5.16 17.77 652.94 3.05 14.95 549.13</u></div>
<div class="ContentPasted0"><u>CK Average 4.96 0.33 17.57 645.59 3.01 -0.92 14.90 547.51</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.90 17.51 643.38 3.00 14.90 547.30</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.89 17.50 643.01 2.97 14.87 546.20</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.95 17.56 645.22 3.00 14.90 547.30</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.91 0.29 17.52 643.75 2.99 -0.93 14.89 547.02</u></div>
<div class="ContentPasted0"><u>Hensall 4.92 17.53 643.99 3.00 14.90 547.30</u></div>
<div class="ContentPasted0"><u>Bruce 4.90 17.51 643.38 3.00 14.90 547.30</u></div>
<div class="ContentPasted0"><u>Putnam 4.95 17.56 645.22 3.00 14.90 547.30</u></div>
<div class="ContentPasted0"><u>Burford 4.99 17.60 646.69 3.07 14.97 549.87</u></div>
<div class="ContentPasted0"><u>Port Perry 4.83 17.44 640.81 2.91 14.81 543.99</u></div>
<div class="ContentPasted0"><u>Norfolk 4.90 17.51 643.38 3.00 14.90 547.30</u></div>
<div class="ContentPasted0"><u>Palmerston 4.90 17.51 643.38 3.00 14.90 547.30</u></div>
<div class="ContentPasted0"><u>Varna 4.90 17.51 643.38 3.00 14.90 547.30</u></div>
<div class="ContentPasted0"><u>Trenton 4.90 17.51 643.38 2.90 14.80 543.62</u></div>
<div class="ContentPasted0"><u>Winchester N/A 3.20 15.10 554.65</u></div>
<div class="ContentPasted0"><u>North Gower 4.91 17.52 643.75 3.20 15.10 554.65</u></div>
<div class="ContentPasted0"><u>Vankleek Hil5.01 17.62 647.42 3.27 15.17 557.22</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.92 5.06 5.33 5.40 17.53 644.12 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.10 17.71 650.73 3.00 14.90 547.30</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.83 17.44 640.81 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.17 5.31 5.45 N/A 17.78 653.30 3.24 15.14 556.12</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.64 18.25 670.57 3.72 15.62 573.75</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.45 18.06 663.59 3.65 15.55 571.18</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.70 15.60 573.02</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.75 15.65 574.86</u></div>
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<div class="ContentPasted0"><u>Toledo El. 1.33 13.94 512.24 -0.61 11.28 414.61</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.358 down 0.0029</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed moderately higher.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 6.18 1/2 JUL23 HI 6.18 1/2</u></div>
<div class="ContentPasted0"><u> LOW 6.02 1/2 LOW 6.02 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 6.16 Up 11 3/4 CLOSE 6.16 Up 11 3/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed moderately higher.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 8.21 1/4 SEP23 HI 8.24</u></div>
<div class="ContentPasted0"><u> LOW 8.05 1/2 LOW 8.09 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 8.18 Up 12 1/2 CLOSE 8.19 1/4 Up 11 1/4</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 2.15 1.68 1.27 N/A 2.36 1.47 0.93 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 1.68 1.27 1.60 2.36 1.47 0.93 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 2.09</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.95 N/A N/A N/A 1.47 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 2.00 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 5.91US 8.03CA 5.91US 8.03CA</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 335.00</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>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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