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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, July 7</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3243 down 0.0080</u></div>
<div class="ContentPasted0"><u>Chicago corn closed moderately lower.</u></div>
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<div class="ContentPasted0"><u>      SEP23   HI 5.02  1/4                    DEC23    HI 5.09  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 4.86  1/4                            LOW 4.93  1/2</u></div>
<div class="ContentPasted0"><u>            CLOSE4.87  1/4  Down 11 3/4             CLOSE 4.94  1/2  Down 12</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        +SEP23+DEC23+DEC23</u></div>
<div class="ContentPasted0"><u>CK Low       1.25                        6.12 241.03  0.90         5.85 230.11</u></div>
<div class="ContentPasted0"><u>CK High      1.40                        6.27 246.94  1.15         6.10 239.95</u></div>
<div class="ContentPasted0"><u>CK Avg       1.36                  -0.17 6.23 245.25  1.09 -0.39   6.04 237.70</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.40                        6.27 246.94  1.15         6.10 239.95</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.35                        6.22 244.97  1.10         6.05 237.98</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.40                        6.27 246.94  1.15         6.10 239.95</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.37                  -0.16 6.24 245.63  1.12 -0.37   6.06 238.64</u></div>
<div class="ContentPasted0"><u>Hensall      1.37                        6.24 245.63  1.12         6.06 238.64</u></div>
<div class="ContentPasted0"><u>Bruce        1.35                        6.22 244.97  1.10         6.05 237.98</u></div>
<div class="ContentPasted0"><u>Putnam       1.35                        6.22 244.97  1.10         6.05 237.98</u></div>
<div class="ContentPasted0"><u>Guelph       1.35                        6.22 244.97  1.10         6.05 237.98</u></div>
<div class="ContentPasted0"><u>Burford      1.35                        6.22 244.97  1.10         6.05 237.98</u></div>
<div class="ContentPasted0"><u>Port Perry   1.00                        5.87 231.19  0.90         5.85 230.11</u></div>
<div class="ContentPasted0"><u>Norfolk      1.40                        6.27 246.94  1.15         6.10 239.95</u></div>
<div class="ContentPasted0"><u>Palmerston   1.35                        6.22 244.97  1.10         6.05 237.98</u></div>
<div class="ContentPasted0"><u>Varna        1.35                        6.22 244.97  1.10         6.05 237.98</u></div>
<div class="ContentPasted0"><u>Belmore      1.35                        6.22 244.97  1.10         6.05 237.98</u></div>
<div class="ContentPasted0"><u>Trenton      1.15                        6.02 237.10  0.95         5.90 232.08</u></div>
<div class="ContentPasted0"><u>Winchester  N/A                                       1.00         5.95 234.04</u></div>
<div class="ContentPasted0"><u>North Gower  1.00                        5.87 231.19  0.95         5.90 232.08</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.67                        5.54 218.20  0.69         5.64 221.84</u></div>
<div class="ContentPasted0"><u>Huron FOB   N/A    1.40  1.36N/A                      1.10         6.05 237.98</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.50                        6.37 250.87  1.10         6.05 237.98</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.37                        6.24 245.76N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.35N/A   N/A   N/A         6.22 244.97  1.05         6.00 236.01</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.09                        6.96 274.10N/A</u></div>
<div class="ContentPasted0"><u>Track        1.89                        6.76 266.23N/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     1.80                   1.60         6.55 257.67</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     1.89                        6.76 266.23</u></div>
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<div class="ContentPasted0"><u>US Rep       2.76                        7.63 300.48</u></div>
<div class="ContentPasted0"><u>Toledo El.   0.53                        5.40 212.68 -0.40         4.55 179.04</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb    N/A                                       1.45         6.40 251.76</u></div>
<div class="ContentPasted0"><u>Prescott    N/A                                       1.25         6.20 243.89</u></div>
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<div class="ContentPasted0"><u>HI SD CRN                                             1.15         6.09 1/2</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3243 down 0.0080</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly to moderately lower.</u></div>
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<div class="ContentPasted0"><u>      NOV23   HI 13.43  1/4              NOV23     HI 13.43  1/4</u></div>
<div class="ContentPasted0"><u>             LOW 13.15  1/2                       LOW 13.15  1/2</u></div>
<div class="ContentPasted0"><u>            CLOSE13.17  3/4  Down 21 3/4        CLOSE 13.17  3/4  Down 21 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        +NOV23+NOV23+NOV23</u></div>
<div class="ContentPasted0"><u>CK Low      5.10                         18.28 671.58  3.10        16.28 598.10</u></div>
<div class="ContentPasted0"><u>CK High     5.40                         18.58 682.61  3.35        16.53 607.28</u></div>
<div class="ContentPasted0"><u>CK Average  5.29                    0.77 18.47 678.72  3.23 -0.79  16.40 602.77</u></div>
<div class="ContentPasted0"><u>Essex Cty   5.30                         18.48 678.93  3.35        16.53 607.28</u></div>
<div class="ContentPasted0"><u>Mdsx Low    5.24                         18.42 676.73  3.17        16.35 600.67</u></div>
<div class="ContentPasted0"><u>Mdsx High   5.40                         18.58 682.61  3.25        16.43 603.61</u></div>
<div class="ContentPasted0"><u>Mdsx Average5.31                    0.78 18.49 679.30  3.21 -0.81  16.38 601.95</u></div>
<div class="ContentPasted0"><u>Hensall     5.33                         18.51 680.16  3.23        16.41 602.99</u></div>
<div class="ContentPasted0"><u>Bruce       5.30                         18.48 678.93  3.20        16.38 601.77</u></div>
<div class="ContentPasted0"><u>Putnam      5.40                         18.58 682.61  3.20        16.38 601.77</u></div>
<div class="ContentPasted0"><u>Guelph      5.17                         18.35 674.16  3.23        16.41 602.87</u></div>
<div class="ContentPasted0"><u>Burford     5.34                         18.52 680.40  3.27        16.45 604.34</u></div>
<div class="ContentPasted0"><u>Port Perry  5.18                         18.36 674.52  3.11        16.29 598.46</u></div>
<div class="ContentPasted0"><u>Norfolk     5.30                         18.48 678.93  3.30        16.48 605.44</u></div>
<div class="ContentPasted0"><u>Palmerston  5.30                         18.48 678.93  3.25        16.43 603.61</u></div>
<div class="ContentPasted0"><u>Varna       5.30                         18.48 678.93  3.25        16.43 603.61</u></div>
<div class="ContentPasted0"><u>Trenton      N/A                                       3.15        16.33 599.93</u></div>
<div class="ContentPasted0"><u>Winchester   N/A                                       3.15        16.33 599.93</u></div>
<div class="ContentPasted0"><u>North Gower 5.50                         18.68 686.28  2.90        16.08 590.75</u></div>
<div class="ContentPasted0"><u>Vankleek Hil5.23                         18.41 676.36  3.30        16.48 605.44</u></div>
<div class="ContentPasted0"><u>Huron FOB   5.02  5.22  N/A   3.25       18.20 668.64  3.25        16.43 603.61</u></div>
<div class="ContentPasted0"><u>Kent FOB    5.35                         18.53 680.77  3.25        16.43 603.61</u></div>
<div class="ContentPasted0"><u>Lambton FOB 5.44                         18.62 684.08  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    5.39  N/A   N/A   N/A        18.57 682.24  3.37        16.55 608.02</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.55                         18.73 688.12  3.71        16.89 620.51</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.70                         18.88 693.63  3.85        17.03 625.65</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       3.63        16.81 617.57</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A                                       3.88        17.06 626.76</u></div>
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<div class="ContentPasted0"><u>Toledo El.  1.39                         14.57 535.28 -0.60        12.58 462.29</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3243 down 0.0080</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     6.62                 JUL24   HI      7.03  1/2</u></div>
<div class="ContentPasted0"><u>           LOW    6.43  3/4                    LOW     6.90  1/2</u></div>
<div class="ContentPasted0"><u>           CLOSE  6.49  1/2  Down 8 1/2        CLOSE   6.93  1/2  Down 11 1/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly to moderately lower.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     8.63  1/2            SEP24   HI      7.98  1/2</u></div>
<div class="ContentPasted0"><u>           LOW       8.43                      LOW     7.98  1/2</u></div>
<div class="ContentPasted0"><u>           CLOSE  8.47  3/4  Down 10 1/4       CLOSE   7.98  1/2  Down 7</u></div>
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<div class="ContentPasted0"><u>Direct MarkHarvest 2023                Harvest 2024</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   0.75    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>London      2.28   1.41   0.75    N/A    2.56    1.30   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     2.45   1.50   0.75   1.35    1.85    1.40   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Trenton      N/A    N/A   0.85    N/A    N/A     N/A     N/A    N/A</u></div>
<div class="ContentPasted0"><u>Bruce       1.80   1.30   0.80   1.15    1.52    1.25   0.95    N/A</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   0.75    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     2.45    N/A   0.75    N/A    1.95    N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Belmore     1.75   1.25   0.75   1.15    1.90    1.30   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 2.45    N/A   0.75    N/A    1.95    N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Chatham      N/A    N/A   0.75    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   0.75    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston  1.75   1.25   0.75   1.15    1.90    1.30   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Varna       2.45   1.50   0.75    N/A    1.85    1.40   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    2.45   1.50   0.75    N/A    1.95    1.40   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    2.28   1.41   0.75   1.48    2.29    1.30   0.90    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.90   1.10   1.12    N/A     0.67   0.87   0.87</u></div>
<div class="ContentPasted0"><u>W O Feed                  1.96</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.41    N/A    N/A     N/A    1.15    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   1.78    N/A    N/A     N/A     N/A    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 6.20US        8.20CA         6.70US         8.87CA</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            635.82</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            300.00</u></div>
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</u></div>
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<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<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
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