FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, July 12 (All Bases in CAD) Exchange rate was 1.3159 down 0.0062 Chicago corn closed lower. SEP23 HI 4.99 1/4 DEC23 HI 5.05 1/2 LOW 4.74 LOW 4.81 3/4 CLOSE4.76 1/4 Down 18 1/4 CLOSE 4.83 3/4 Down 17 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP23+DEC23+DEC23 CK Low 1.20 5.96 234.73 0.85 5.69 223.91 CK High 1.35 6.11 240.64 1.10 5.94 233.75 CK Avg 1.33 -0.13 6.09 239.79 1.06 -0.35 5.90 232.34 Essex Cty 1.35 6.11 240.64 1.10 5.94 233.75 Mdsx Low 1.35 6.11 240.64 1.10 5.94 233.75 Mdsx High 1.35 6.11 240.64 1.10 5.94 233.75 Mdsx Avg 1.35 -0.12 6.11 240.64 1.10 -0.33 5.94 233.75 Hensall 1.37 6.13 241.29 1.12 5.95 234.41 Bruce 1.35 6.11 240.64 1.10 5.94 233.75 Putnam 1.35 6.11 240.64 1.10 5.94 233.75 Guelph 1.35 6.11 240.64 1.10 5.94 233.75 Burford 1.35 6.11 240.64 1.10 5.94 233.75 Port Perry 1.00 5.76 226.86 0.90 5.74 225.88 Norfolk 1.35 6.11 240.64 1.10 5.94 233.75 Palmerston 1.35 6.11 240.64 1.10 5.94 233.75 Varna 1.35 6.11 240.64 1.10 5.94 233.75 Belmore 1.35 6.11 240.64 1.10 5.94 233.75 Trenton 1.20 5.96 234.73 0.95 5.79 227.84 Winchester N/A 1.00 5.84 229.81 North Gower 1.00 5.76 226.86 0.95 5.79 227.84 Vankleek Hil 1.35 6.11 240.64 0.78 5.62 221.15 Huron FOB N/A 1.35 1.35N/A 1.10 5.94 233.75 Kent FOB 1.50 6.26 246.54 1.10 5.94 233.75 Lamb FOB 1.42 6.18 243.39N/A Mdsx FOB 1.40N/A N/A N/A 6.16 242.61 1.10 5.94 233.75 FOB SW Que 2.00 6.76 266.23N/A Track 1.83 6.59 259.34N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A 1.80 1.60 6.44 253.43 Cardnl-Ing N/A N/A N/A N/A N/A W O Feed 1.83 6.59 259.34 US Rep 2.30 7.06 278.04 Toledo El. 0.53 5.29 208.21 -0.39 4.44 174.90 TRANSFER Pt. Colb N/A 1.45 6.29 247.53 Prescott N/A 1.20 6.04 237.69 HI SD CRN 1.10 5.93 3/4 *Wet Bid Exchange rate was 1.3159 down 0.0062 Chicago soybeans closed moderately lower. NOV23 HI 13.78 NOV23 HI 13.78 LOW 13.25 LOW 13.25 CLOSE13.27 3/4 Down 32 1/2 CLOSE 13.27 3/4 Down 32 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+NOV23 CK Low 5.00 18.28 671.58 3.00 16.28 598.10 CK High 5.15 18.43 677.09 3.15 16.43 603.61 CK Average 5.04 0.64 18.32 673.11 3.05 -0.87 16.33 600.04 Essex Cty 5.00 18.28 671.58 3.05 16.33 599.93 Mdsx Low 5.00 18.28 671.58 3.00 16.28 598.10 Mdsx High 5.25 18.53 680.77 3.20 16.48 605.44 Mdsx Average5.08 0.68 18.36 674.61 3.08 -0.85 16.35 600.85 Hensall 5.10 18.38 675.26 3.10 16.38 601.77 Bruce 5.10 18.38 675.26 3.10 16.38 601.77 Putnam 5.00 18.28 671.58 3.00 16.28 598.10 Guelph 5.10 18.38 675.26 3.18 16.46 604.71 Burford 5.18 18.46 678.20 3.20 16.48 605.44 Port Perry 5.02 18.30 672.32 3.04 16.32 599.57 Norfolk 5.00 18.28 671.58 3.05 16.33 599.93 Palmerston 5.15 18.43 677.09 3.15 16.43 603.61 Varna 5.25 18.53 680.77 3.20 16.48 605.44 Trenton N/A 3.15 16.43 603.61 Winchester N/A 3.07 16.35 600.67 North Gower 5.57 18.85 692.53 3.00 16.28 598.10 Vankleek Hil4.57 17.85 655.78 3.18 16.46 604.71 Huron FOB 4.99 5.16 N/A 3.15 18.27 671.22 3.15 16.43 603.61 Kent FOB 5.00 18.28 671.58 3.00 16.28 598.10 Lambton FOB 4.93 18.21 669.01 N/A Mdsx FOB 5.24 N/A N/A N/A 18.52 680.40 3.30 16.58 609.12 PROCESSORS Windsor 5.30 18.58 682.61 3.60 16.88 620.14 TRANSFER Hamilton 5.35 18.63 684.44 3.60 16.88 620.14 Prescott N/A 3.51 16.79 616.84 Port Colborn N/A 3.81 17.09 627.86 Toledo El. 0.53 13.80 507.20 -0.59 12.69 466.11 Exchange rate was 1.3159 down 0.0062 Chicago wheat closed lower. SEP23 HI 6.62 1/2 JUL24 HI 7.03 3/4 LOW 6.32 LOW 6.81 1/4 CLOSE 6.32 3/4 Down 27 3/4 CLOSE 6.81 3/4 Down 20 1/2 Minni wheat closed mixed. SEP23 HI 8.71 1/2 SEP24 HI 7.95 LOW 8.45 1/2 LOW 7.93 CLOSE 8.53 1/2 Down 10 1/2 CLOSE 7.93 Up 1/4 Direct MarkHarvest 2023 Harvest 2024 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 0.75 N/A N/A N/A 0.90 N/A London 2.24 1.38 0.72 N/A 1.94 1.25 0.86 N/A Hensall 2.40 1.45 0.70 1.30 1.80 1.35 0.85 N/A Trenton N/A N/A 0.85 N/A N/A N/A N/A N/A Bruce 1.70 1.20 0.70 1.15 1.44 1.15 0.85 N/A Essex N/A N/A 0.65 N/A N/A N/A 0.80 N/A Norwich 2.40 N/A 0.70 N/A 1.85 N/A 0.85 N/A Belmore 1.75 1.25 0.70 1.35 1.90 1.30 0.85 N/A Kent Bridge 2.40 N/A 0.70 N/A 1.85 N/A 0.85 N/A Chatham N/A N/A 0.65 N/A N/A N/A 0.80 N/A Brigden N/A N/A 0.65 N/A N/A N/A 0.80 N/A Palmerston 1.75 1.25 0.70 1.35 1.90 1.30 0.85 N/A Varna 2.45 1.50 0.75 N/A 1.85 1.40 0.90 N/A Mitchell 2.40 1.50 0.70 N/A 1.85 1.40 0.85 N/A Thornton 2.24 1.38 0.72 1.46 1.94 1.25 0.86 N/A North Gower N/A 0.90 1.10 1.12 N/A 0.69 0.89 0.87 W O Feed 1.83 TERMINAL Port Colbor N/A N/A 1.39 N/A N/A N/A 1.12 N/A PROCESSORS Toledo FM N/A N/A 1.67 N/A N/A N/A N/A N/A Toledo El. 6.08US 8.00CA 6.58US 8.66CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 642.55 DDG's FOB Aylm 300.00