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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 31</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3534 down 0.0063</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower to steady.</u></div>
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<div class="ContentPasted0"><u> JUL23 HI 5.94 3/4 DEC23 HI 5.26 1/2</u></div>
<div class="ContentPasted0"><u> LOW 5.77 1/2 LOW 5.11 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE5.94 Unchanged CLOSE 5.21 3/4 Down 3 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+DEC23</u></div>
<div class="ContentPasted0"><u>CK Low 0.95 6.89 271.25 1.05 6.27 246.74</u></div>
<div class="ContentPasted0"><u>CK High 1.00 6.94 273.22 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>CK Avg 0.99 -0.82 6.93 272.93 1.13 -0.53 6.35 249.83</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 6.94 273.22 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.00 6.94 273.22 1.10 6.32 248.71</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 6.94 273.22 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.00 -0.81 6.94 273.22 1.13 -0.52 6.35 250.02</u></div>
<div class="ContentPasted0"><u>Hensall 1.02 6.96 273.87 1.17 6.38 251.33</u></div>
<div class="ContentPasted0"><u>Bruce 0.95 6.89 271.25 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>Putnam 1.00 6.94 273.22 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>Burford 0.95 6.89 271.25 1.10 6.32 248.71</u></div>
<div class="ContentPasted0"><u>Port Perry 0.80 6.74 265.34 0.95 6.17 242.80</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 6.94 273.22 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>Palmerston 0.95 6.89 271.25 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>Varna 1.00 6.94 273.22 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>Belmore 0.95 6.89 271.25 1.05 6.27 246.74</u></div>
<div class="ContentPasted0"><u>Trenton 0.90 6.84 269.28 1.00 6.22 244.77</u></div>
<div class="ContentPasted0"><u>Winchester 0.90 6.84 269.28 1.20 6.42 252.65</u></div>
<div class="ContentPasted0"><u>North Gower 0.95 6.89 271.25 1.00 6.22 244.77</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.39 6.33 249.20 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 1.00 1.12 1.86 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB N/A 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>Lamb FOB 1.20 7.14 281.09N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 1.00 1.05N/A N/A 6.94 273.22 1.15 6.37 250.68</u></div>
<div class="ContentPasted0"><u>FOB SW Que 0.97 6.91 272.03N/A</u></div>
<div class="ContentPasted0"><u>Track 1.51 7.45 293.10N/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 6.87 270.36</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 7.48 294.34</u></div>
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<div class="ContentPasted0"><u>US Rep 2.30 8.24 324.39</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.04 5.98 235.45 -0.41 4.81 189.42</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.40 6.62 260.52</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.73 6.95 273.51</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.36 3/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3534 down 0.0063</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="ContentPasted0"><u> AUG23 HI 12.20 NOV23 HI 11.55</u></div>
<div class="ContentPasted0"><u> LOW 11.93 1/4 LOW 11.30 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE12.17 3/4 Down 1 3/4 CLOSE 11.46 1/2 Down 6 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+NOV23</u></div>
<div class="ContentPasted0"><u>CK Low 4.73 16.91 621.24 2.85 14.32 525.99</u></div>
<div class="ContentPasted0"><u>CK High 5.07 17.25 633.74 2.95 14.42 529.66</u></div>
<div class="ContentPasted0"><u>CK Average 4.85 0.40 17.03 625.65 2.89 -0.86 14.35 527.40</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.80 16.98 623.82 2.85 14.32 525.99</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.71 16.89 620.51 2.85 14.32 525.99</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.85 17.03 625.65 2.90 14.37 527.82</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.80 0.37 16.98 623.91 2.88 -0.87 14.34 526.90</u></div>
<div class="ContentPasted0"><u>Hensall 4.85 17.03 625.65 2.87 14.33 526.60</u></div>
<div class="ContentPasted0"><u>Bruce 4.80 16.98 623.82 2.90 14.37 527.82</u></div>
<div class="ContentPasted0"><u>Putnam 4.85 17.03 625.65 2.90 14.37 527.82</u></div>
<div class="ContentPasted0"><u>Burford 4.81 16.99 624.18 2.95 14.42 529.66</u></div>
<div class="ContentPasted0"><u>Port Perry 4.65 16.83 618.30 2.79 14.26 523.78</u></div>
<div class="ContentPasted0"><u>Norfolk 4.80 16.98 623.82 2.85 14.32 525.99</u></div>
<div class="ContentPasted0"><u>Palmerston 4.80 16.98 623.82 2.90 14.37 527.82</u></div>
<div class="ContentPasted0"><u>Varna 4.85 17.03 625.65 2.85 14.32 525.99</u></div>
<div class="ContentPasted0"><u>Trenton 4.90 17.08 627.49 2.90 14.37 527.82</u></div>
<div class="ContentPasted0"><u>Winchester N/A 3.10 14.57 535.17</u></div>
<div class="ContentPasted0"><u>North Gower 4.97 17.15 630.06 3.20 14.67 538.85</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.97 17.15 630.06 3.19 14.66 538.48</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.83 5.10 5.17 N/A 17.01 624.92 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.05 17.23 633.00 2.85 14.32 525.99</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.92 17.10 628.23 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.07 5.21 N/A N/A 17.25 633.74 3.04 14.51 532.97</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.41 17.59 646.23 3.56 15.03 552.07</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.35 17.53 644.03 3.50 14.97 549.87</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.57 15.04 552.44</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.56 15.03 552.07</u></div>
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<div class="ContentPasted0"><u>Toledo El. 1.31 13.49 495.68 -0.61 10.86 398.89</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3534 down 0.0063</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 5.95 JUL23 HI 5.95</u></div>
<div class="ContentPasted0"><u> LOW 5.73 1/4 LOW 5.73 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 5.94 1/4 Up 3 1/4 CLOSE 5.94 1/4 Up 3 1/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed moderately lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 7.93 1/4 SEP23 HI 7.94</u></div>
<div class="ContentPasted0"><u> LOW 7.75 1/2 LOW 7.78 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 7.80 Down 13 CLOSE 7.82 1/2 Down 12</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 2.02 1.54 1.20 N/A 2.22 1.34 0.79 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 2.55 1.95 1.25 1.55 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 1.30 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 1.15</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 1.30 N/A N/A N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 1.30 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 2.55 1.95 1.25 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 2.02 1.54 1.20 1.46 2.22 1.34 0.79 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 2.14</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.81 N/A N/A N/A 1.33 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 1.90 N/A N/A N/A 1.90 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 5.69US 7.70CA 5.69US 7.70CA</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 643.10</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>
<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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