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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, July 12</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3159 down 0.0062</u></div>
<div class="ContentPasted0"><u>Chicago corn closed lower.</u></div>
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<div class="ContentPasted0"><u> SEP23 HI 4.99 1/4 DEC23 HI 5.05 1/2</u></div>
<div class="ContentPasted0"><u> LOW 4.74 LOW 4.81 3/4</u></div>
<div class="ContentPasted0"><u> CLOSE4.76 1/4 Down 18 1/4 CLOSE 4.83 3/4 Down 17 3/4</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 5.96 234.73 0.85 5.69 223.91</u></div>
<div class="ContentPasted0"><u>CK High 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>CK Avg 1.33 -0.13 6.09 239.79 1.06 -0.35 5.90 232.34</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.35 -0.12 6.11 240.64 1.10 -0.33 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Hensall 1.37 6.13 241.29 1.12 5.95 234.41</u></div>
<div class="ContentPasted0"><u>Bruce 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Putnam 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Guelph 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Burford 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Port Perry 1.00 5.76 226.86 0.90 5.74 225.88</u></div>
<div class="ContentPasted0"><u>Norfolk 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Palmerston 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Varna 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Belmore 1.35 6.11 240.64 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Trenton 1.20 5.96 234.73 0.95 5.79 227.84</u></div>
<div class="ContentPasted0"><u>Winchester N/A 1.00 5.84 229.81</u></div>
<div class="ContentPasted0"><u>North Gower 1.00 5.76 226.86 0.95 5.79 227.84</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.35 6.11 240.64 0.78 5.62 221.15</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 1.35 1.35N/A 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Kent FOB 1.50 6.26 246.54 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>Lamb FOB 1.42 6.18 243.39N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 1.40N/A N/A N/A 6.16 242.61 1.10 5.94 233.75</u></div>
<div class="ContentPasted0"><u>FOB SW Que 2.00 6.76 266.23N/A</u></div>
<div class="ContentPasted0"><u>Track 1.83 6.59 259.34N/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 6.44 253.43</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 1.83 6.59 259.34</u></div>
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<div class="ContentPasted0"><u>US Rep 2.30 7.06 278.04</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.53 5.29 208.21 -0.39 4.44 174.90</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.45 6.29 247.53</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.20 6.04 237.69</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.10 5.93 3/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3159 down 0.0062</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed moderately lower.</u></div>
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<div class="ContentPasted0"><u> NOV23 HI 13.78 NOV23 HI 13.78</u></div>
<div class="ContentPasted0"><u> LOW 13.25 LOW 13.25</u></div>
<div class="ContentPasted0"><u> CLOSE13.27 3/4 Down 32 1/2 CLOSE 13.27 3/4 Down 32 1/2</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 5.00 18.28 671.58 3.00 16.28 598.10</u></div>
<div class="ContentPasted0"><u>CK High 5.15 18.43 677.09 3.15 16.43 603.61</u></div>
<div class="ContentPasted0"><u>CK Average 5.04 0.64 18.32 673.11 3.05 -0.87 16.33 600.04</u></div>
<div class="ContentPasted0"><u>Essex Cty 5.00 18.28 671.58 3.05 16.33 599.93</u></div>
<div class="ContentPasted0"><u>Mdsx Low 5.00 18.28 671.58 3.00 16.28 598.10</u></div>
<div class="ContentPasted0"><u>Mdsx High 5.25 18.53 680.77 3.20 16.48 605.44</u></div>
<div class="ContentPasted0"><u>Mdsx Average5.08 0.68 18.36 674.61 3.08 -0.85 16.35 600.85</u></div>
<div class="ContentPasted0"><u>Hensall 5.10 18.38 675.26 3.10 16.38 601.77</u></div>
<div class="ContentPasted0"><u>Bruce 5.10 18.38 675.26 3.10 16.38 601.77</u></div>
<div class="ContentPasted0"><u>Putnam 5.00 18.28 671.58 3.00 16.28 598.10</u></div>
<div class="ContentPasted0"><u>Guelph 5.10 18.38 675.26 3.18 16.46 604.71</u></div>
<div class="ContentPasted0"><u>Burford 5.18 18.46 678.20 3.20 16.48 605.44</u></div>
<div class="ContentPasted0"><u>Port Perry 5.02 18.30 672.32 3.04 16.32 599.57</u></div>
<div class="ContentPasted0"><u>Norfolk 5.00 18.28 671.58 3.05 16.33 599.93</u></div>
<div class="ContentPasted0"><u>Palmerston 5.15 18.43 677.09 3.15 16.43 603.61</u></div>
<div class="ContentPasted0"><u>Varna 5.25 18.53 680.77 3.20 16.48 605.44</u></div>
<div class="ContentPasted0"><u>Trenton N/A 3.15 16.43 603.61</u></div>
<div class="ContentPasted0"><u>Winchester N/A 3.07 16.35 600.67</u></div>
<div class="ContentPasted0"><u>North Gower 5.57 18.85 692.53 3.00 16.28 598.10</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.57 17.85 655.78 3.18 16.46 604.71</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.99 5.16 N/A 3.15 18.27 671.22 3.15 16.43 603.61</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.00 18.28 671.58 3.00 16.28 598.10</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.93 18.21 669.01 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.24 N/A N/A N/A 18.52 680.40 3.30 16.58 609.12</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.30 18.58 682.61 3.60 16.88 620.14</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.35 18.63 684.44 3.60 16.88 620.14</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.51 16.79 616.84</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.81 17.09 627.86</u></div>
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<div class="ContentPasted0"><u>Toledo El. 0.53 13.80 507.20 -0.59 12.69 466.11</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3159 down 0.0062</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed lower.</u></div>
<div class="ContentPasted0"><u>SEP23 HI 6.62 1/2 JUL24 HI 7.03 3/4</u></div>
<div class="ContentPasted0"><u> LOW 6.32 LOW 6.81 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 6.32 3/4 Down 27 3/4 CLOSE 6.81 3/4 Down 20 1/2</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed mixed.</u></div>
<div class="ContentPasted0"><u>SEP23 HI 8.71 1/2 SEP24 HI 7.95</u></div>
<div class="ContentPasted0"><u> LOW 8.45 1/2 LOW 7.93</u></div>
<div class="ContentPasted0"><u> CLOSE 8.53 1/2 Down 10 1/2 CLOSE 7.93 Up 1/4</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 2.24 1.38 0.72 N/A 1.94 1.25 0.86 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 2.40 1.45 0.70 1.30 1.80 1.35 0.85 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 1.70 1.20 0.70 1.15 1.44 1.15 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Essex N/A N/A 0.65 N/A N/A N/A 0.80 N/A</u></div>
<div class="ContentPasted0"><u>Norwich 2.40 N/A 0.70 N/A 1.85 N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Belmore 1.75 1.25 0.70 1.35 1.90 1.30 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 2.40 N/A 0.70 N/A 1.85 N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Chatham N/A N/A 0.65 N/A N/A N/A 0.80 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 0.65 N/A N/A N/A 0.80 N/A</u></div>
<div class="ContentPasted0"><u>Palmerston 1.75 1.25 0.70 1.35 1.90 1.30 0.85 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 2.40 1.50 0.70 N/A 1.85 1.40 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Thornton 2.24 1.38 0.72 1.46 1.94 1.25 0.86 N/A</u></div>
<div class="ContentPasted0"><u>North Gower N/A 0.90 1.10 1.12 N/A 0.69 0.89 0.87</u></div>
<div class="ContentPasted0"><u>W O Feed 1.83</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.39 N/A N/A N/A 1.12 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 1.67 N/A N/A N/A N/A N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 6.08US 8.00CA 6.58US 8.66CA</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 642.55</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 300.00</u></div>
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<div id="Signature">
<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, 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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