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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, July 11</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3221 down 0.0034</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly higher.</u></div>
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<div class="ContentPasted0"><u>      SEP23   HI 4.99  3/4                    DEC23    HI 5.06  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 4.87                                 LOW 4.93  3/4</u></div>
<div class="ContentPasted0"><u>            CLOSE4.94  1/2  Up 2 1/4                CLOSE 5.01  1/2  Up 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        +SEP23+DEC23+DEC23</u></div>
<div class="ContentPasted0"><u>CK Low       1.20                        6.15 241.92  0.85         5.87 230.89</u></div>
<div class="ContentPasted0"><u>CK High      1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>CK Avg       1.33                  -0.20 6.27 246.98  1.06 -0.42   6.08 239.33</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.35                  -0.18 6.30 247.82  1.10 -0.39   6.12 240.74</u></div>
<div class="ContentPasted0"><u>Hensall      1.37                        6.31 248.48  1.12         6.13 241.39</u></div>
<div class="ContentPasted0"><u>Bruce        1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Putnam       1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Guelph       1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Burford      1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Port Perry   1.00                        5.95 234.04  0.90         5.92 232.86</u></div>
<div class="ContentPasted0"><u>Norfolk      1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Palmerston   1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Varna        1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Belmore      1.35                        6.30 247.82  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Trenton      1.20                        6.15 241.92  0.95         5.97 234.83</u></div>
<div class="ContentPasted0"><u>Winchester  N/A                                       1.00         6.02 236.80</u></div>
<div class="ContentPasted0"><u>North Gower  1.00                        5.95 234.04  0.95         5.97 234.83</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.40                        6.35 249.79  0.83         5.85 230.11</u></div>
<div class="ContentPasted0"><u>Huron FOB   N/A    1.38  1.36N/A                      1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.50                        6.45 253.73  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.42                        6.37 250.58N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.40N/A   N/A   N/A         6.35 249.79  1.10         6.12 240.74</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.11                        7.06 277.74N/A</u></div>
<div class="ContentPasted0"><u>Track        1.88                        6.83 268.69N/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         6.62 260.42</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     1.88                        6.83 268.69</u></div>
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<div class="ContentPasted0"><u>US Rep       2.39                        7.34 288.77</u></div>
<div class="ContentPasted0"><u>Toledo El.   0.53                        5.47 215.49 -0.40         4.62 181.82</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb    N/A                                       1.45         6.47 254.52</u></div>
<div class="ContentPasted0"><u>Prescott    N/A                                       1.25         6.27 246.64</u></div>
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<div class="ContentPasted0"><u>HI SD CRN                                             1.10         6.11 1/2</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3221 down 0.0034</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly higher.</u></div>
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<div class="ContentPasted0"><u>      NOV23   HI 13.67  1/4              NOV23     HI 13.67  1/4</u></div>
<div class="ContentPasted0"><u>             LOW 13.44                            LOW 13.44</u></div>
<div class="ContentPasted0"><u>            CLOSE13.60  1/4  Up 14 3/4          CLOSE 13.60  1/4  Up 14 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      5.20                         18.80 690.87  3.10        16.70 613.71</u></div>
<div class="ContentPasted0"><u>CK High     5.30                         18.90 694.55  3.25        16.85 619.22</u></div>
<div class="ContentPasted0"><u>CK Average  5.22                    0.63 18.82 691.49  3.21 -0.89  16.81 617.60</u></div>
<div class="ContentPasted0"><u>Essex Cty   5.20                         18.80 690.87  3.25        16.85 619.22</u></div>
<div class="ContentPasted0"><u>Mdsx Low    5.20                         18.80 690.87  3.20        16.80 617.39</u></div>
<div class="ContentPasted0"><u>Mdsx High   5.28                         18.88 693.81  3.22        16.82 618.12</u></div>
<div class="ContentPasted0"><u>Mdsx Average5.23                    0.64 18.84 692.07  3.21 -0.89  16.81 617.57</u></div>
<div class="ContentPasted0"><u>Hensall     5.23                         18.84 692.10  3.20        16.80 617.39</u></div>
<div class="ContentPasted0"><u>Bruce       5.20                         18.80 690.87  3.20        16.80 617.39</u></div>
<div class="ContentPasted0"><u>Putnam      5.20                         18.80 690.87  3.20        16.80 617.39</u></div>
<div class="ContentPasted0"><u>Guelph      5.11                         18.71 687.57  3.18        16.78 616.65</u></div>
<div class="ContentPasted0"><u>Burford     5.38                         18.98 697.49  3.32        16.92 621.80</u></div>
<div class="ContentPasted0"><u>Port Perry  5.22                         18.82 691.61  3.16        16.76 615.92</u></div>
<div class="ContentPasted0"><u>Norfolk     5.20                         18.80 690.87  3.20        16.80 617.39</u></div>
<div class="ContentPasted0"><u>Palmerston  5.25                         18.85 692.71  3.20        16.80 617.39</u></div>
<div class="ContentPasted0"><u>Varna       5.25                         18.85 692.71  3.20        16.80 617.39</u></div>
<div class="ContentPasted0"><u>Trenton      N/A                                       3.15        16.75 615.55</u></div>
<div class="ContentPasted0"><u>Winchester   N/A                                       3.07        16.67 612.61</u></div>
<div class="ContentPasted0"><u>North Gower 5.51                         19.11 702.26  2.90        16.50 606.36</u></div>
<div class="ContentPasted0"><u>Vankleek Hil5.71                         19.31 709.61  3.25        16.85 619.22</u></div>
<div class="ContentPasted0"><u>Huron FOB   5.02  5.19  N/A   3.20       18.62 684.26  3.20        16.80 617.39</u></div>
<div class="ContentPasted0"><u>Kent FOB    5.20                         18.80 690.87  3.20        16.80 617.39</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.93                         18.53 680.95  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    5.30  N/A   N/A   N/A        18.90 694.55  3.42        17.02 625.47</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.64                         19.24 707.04  3.80        17.40 639.43</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.55                         19.15 703.73  3.80        17.40 639.43</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       3.58        17.18 631.35</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A                                       3.93        17.53 644.21</u></div>
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<div class="ContentPasted0"><u>Toledo El.  0.53                         14.13 519.24 -0.59        13.01 477.95</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3221 down 0.0034</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed moderately higher.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     6.65  1/4            JUL24   HI         7.06</u></div>
<div class="ContentPasted0"><u>           LOW    6.44                         LOW     6.90  3/4</u></div>
<div class="ContentPasted0"><u>           CLOSE  6.60  1/2  Up 14 1/4         CLOSE   7.02  1/4  Up 11 3/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed steady to moderately higher.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     8.69  3/4            SEP24   HI      7.92  3/4</u></div>
<div class="ContentPasted0"><u>           LOW       8.48                      LOW     7.92  3/4</u></div>
<div class="ContentPasted0"><u>           CLOSE  8.64   Up 13 3/4             CLOSE   7.92  3/4  Unchanged</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   1.42   0.75    N/A    1.99    1.29   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       1.75   1.25   0.75   1.15    1.47    1.20   0.90    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   1.35    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   1.35    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   1.42   0.75   1.51    1.99    1.29   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                  1.99</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.42    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   1.80    N/A    N/A     N/A     N/A    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 6.36US        8.40CA         6.78US         8.97CA</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            650.60</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            300.00</u></div>
<u><br>
</u>
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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, Farm Market News
<o:p> </o:p></span></p>
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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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes"> 
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</div>
</div>
<div class="elementToProof"></div>
</body>
</html>