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Note: Several elevators have rolled to the September future for their old crop corn bids. Our report is using the July future. As a result, there is a wide variance in the basis values for old crop Corn. </div>
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Please do not reply to this email. <span style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">If you have any questions, send to fmnc@uoguelph.ca</span></div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, June 26</u>
<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3114 down 0.0046</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly higher.</u></div>
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</u></div>
<div class="ContentPasted0"><u> JUL23 HI 6.49 3/4 DEC23 HI 6.00 3/4</u></div>
<div class="ContentPasted0"><u> LOW 6.21 LOW 5.75 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE6.37 1/4 Up 6 1/2 CLOSE 5.88 1/4 Up 1/4</u></div>
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</u></div>
<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 0.82 7.19 283.16 1.10 6.98 274.89</u></div>
<div class="ContentPasted0"><u>CK High 1.00 7.37 290.24 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>CK Avg 0.90 -0.82 7.28 286.47 1.14 -0.53 7.03 276.58</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.00 7.37 290.24 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>Mdsx Low 0.82 7.19 283.16 1.10 6.98 274.89</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.00 7.37 290.24 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 0.90 -0.83 7.27 286.17 1.13 -0.53 7.02 276.20</u></div>
<div class="ContentPasted0"><u>Hensall 0.97 7.35 289.19 1.17 7.05 277.51</u></div>
<div class="ContentPasted0"><u>Bruce 0.95 7.32 288.27 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>Putnam 0.82 7.19 283.16 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>Burford 0.82 7.19 283.16 1.10 6.98 274.89</u></div>
<div class="ContentPasted0"><u>Port Perry 0.42 6.79 267.41 0.90 6.78 267.02</u></div>
<div class="ContentPasted0"><u>Norfolk 1.00 7.37 290.24 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>Palmerston 0.95 7.32 288.27 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>Varna 1.00 7.37 290.24 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>Belmore 0.95 7.32 288.27 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>Trenton 0.95 7.32 288.27 0.95 6.83 268.98</u></div>
<div class="ContentPasted0"><u>Winchester N/A 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>North Gower 0.60 6.97 274.50 0.95 6.83 268.98</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.25 6.62 260.72 0.86 6.74 265.44</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 0.98 1.00 1.50 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 1.08 7.45 293.39 1.25 7.13 280.79</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.80 7.17 282.37N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 0.77 0.82N/A N/A 7.14 281.19 1.15 7.03 276.86</u></div>
<div class="ContentPasted0"><u>FOB SW Que 0.81 7.18 282.76N/A</u></div>
<div class="ContentPasted0"><u>Track 1.44 7.81 307.56N/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 N/A</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 1.44 7.81 307.56</u></div>
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<div class="ContentPasted0"><u>US Rep 2.18 8.55 336.70</u></div>
<div class="ContentPasted0"><u>Toledo El. -0.09 6.28 247.26 -0.39 5.49 216.10</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.55 7.43 292.60</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.48 7.36 289.85</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 7.03 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3114 down 0.0046</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly to moderately higher.</u></div>
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<div class="ContentPasted0"><u> AUG23 HI 14.30 3/4 NOV23 HI 13.33</u></div>
<div class="ContentPasted0"><u> LOW 13.89 LOW 12.97 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE14.24 1/2 Up 20 1/2 CLOSE 13.23 Up 13</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 4.80 19.05 699.78 2.90 16.13 592.68</u></div>
<div class="ContentPasted0"><u>CK High 4.95 19.20 705.30 3.05 16.28 598.19</u></div>
<div class="ContentPasted0"><u>CK Average 4.86 0.32 19.10 701.88 2.98 -0.87 16.21 595.62</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.80 19.05 699.78 3.05 16.28 598.19</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.80 19.05 699.78 2.94 16.17 594.15</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.90 19.15 703.46 3.00 16.23 596.35</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.86 0.32 19.10 701.90 2.97 -0.87 16.20 595.34</u></div>
<div class="ContentPasted0"><u>Hensall 4.85 19.10 701.62 2.97 16.20 595.13</u></div>
<div class="ContentPasted0"><u>Bruce 4.85 19.10 701.62 3.00 16.23 596.35</u></div>
<div class="ContentPasted0"><u>Putnam 4.85 19.10 701.62 3.00 16.23 596.35</u></div>
<div class="ContentPasted0"><u>Burford 4.98 19.23 706.40 3.04 16.27 597.82</u></div>
<div class="ContentPasted0"><u>Port Perry 4.82 19.07 700.52 2.88 16.11 591.94</u></div>
<div class="ContentPasted0"><u>Norfolk 4.80 19.05 699.78 2.95 16.18 594.51</u></div>
<div class="ContentPasted0"><u>Palmerston 4.85 19.10 701.62 2.95 16.18 594.51</u></div>
<div class="ContentPasted0"><u>Varna 4.85 19.10 701.62 2.95 16.18 594.51</u></div>
<div class="ContentPasted0"><u>Trenton 4.85 19.10 701.62 3.00 16.23 596.35</u></div>
<div class="ContentPasted0"><u>Winchester N/A 2.90 16.13 592.68</u></div>
<div class="ContentPasted0"><u>North Gower 4.52 18.77 689.50 2.90 16.13 592.68</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.20 18.45 677.74 3.23 16.46 604.80</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.72 4.89 4.95 N/A 18.97 696.84 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 4.90 19.15 703.46 2.95 16.18 594.51</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.91 19.16 703.83 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 4.90 4.90 N/A N/A 19.15 703.46 3.13 16.36 601.13</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.52 19.77 726.24 3.73 16.96 623.17</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.35 19.60 719.99 3.50 16.73 614.72</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.62 16.85 619.13</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.65 16.88 620.23</u></div>
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<div class="ContentPasted0"><u>Toledo El. 0.52 14.77 542.69 -0.59 12.64 464.44</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3114 down 0.0046</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed mixed.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 7.56 3/4 JUL23 HI 7.56 3/4</u></div>
<div class="ContentPasted0"><u> LOW 7.19 LOW 7.19</u></div>
<div class="ContentPasted0"><u> CLOSE 7.24 1/4 Down 9 CLOSE 7.24 1/4 Down 9</u></div>
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</u></div>
<div class="ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>JUL23 HI 8.82 1/4 SEP23 HI 8.91 3/4</u></div>
<div class="ContentPasted0"><u> LOW 8.55 1/2 LOW 8.65 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 8.62 1/4 Down 2 1/2 CLOSE 8.72 1/2 Down 1 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 N/A N/A N/A N/A 0.99 N/A</u></div>
<div class="ContentPasted0"><u>London 2.29 1.83 1.30 N/A 2.49 1.63 0.97 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 2.40 2.00 1.30 1.50 2.65 1.70 0.95 1.45</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 2.15 1.65 1.15 1.15 1.85 1.35 0.85 1.15</u></div>
<div class="ContentPasted0"><u>Essex N/A N/A 1.25 N/A N/A N/A 0.99 N/A</u></div>
<div class="ContentPasted0"><u>Norwich N/A N/A 1.30 N/A 2.55 N/A 0.95 N/A</u></div>
<div class="ContentPasted0"><u>Belmore N/A 1.65 1.30 1.15 1.80 1.30 0.95 1.15</u></div>
<div class="ContentPasted0"><u>Kent Bridge N/A N/A 1.30 N/A 2.55 N/A 0.95 N/A</u></div>
<div class="ContentPasted0"><u>Chatham N/A N/A 1.25 N/A N/A N/A 0.99 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 1.25 N/A N/A N/A 0.99 N/A</u></div>
<div class="ContentPasted0"><u>Palmerston N/A 1.65 1.30 1.15 1.80 1.30 0.95 1.15</u></div>
<div class="ContentPasted0"><u>Varna 2.40 2.00 1.30 N/A 2.65 1.70 0.95 N/A</u></div>
<div class="ContentPasted0"><u>Mitchell N/A N/A 1.30 N/A 2.55 1.70 0.95 N/A</u></div>
<div class="ContentPasted0"><u>Thornton 2.29 1.83 1.30 1.45 2.49 1.63 0.97 N/A</u></div>
<div class="ContentPasted0"><u>North Gower N/A 1.10 1.40 1.42 N/A 1.04 1.24 1.12</u></div>
<div class="ContentPasted0"><u>W O Feed 2.37</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.70 N/A N/A N/A 1.64 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 2.11 N/A N/A N/A 2.11 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 7.04US 9.24CA 7.04US 9.24CA</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 655.45</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 295.00</u></div>
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</u></div>
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<div>
<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>
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<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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