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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, July 20</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3144 down 0.0004</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly to moderately lower.</u></div>
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<div class="ContentPasted0"><u> SEP23 HI 5.54 1/2 DEC23 HI 5.63 1/4</u></div>
<div class="ContentPasted0"><u> LOW 5.33 LOW 5.42 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE5.37 1/4 Down 8 1/4 CLOSE 5.46 1/4 Down 6 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 1.30 6.67 262.68 1.05 6.51 256.39</u></div>
<div class="ContentPasted0"><u>CK High 1.40 6.77 266.62 1.15 6.61 260.32</u></div>
<div class="ContentPasted0"><u>CK Avg 1.33 -0.27 6.70 263.81 1.09 -0.48 6.55 257.79</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.40 6.77 266.62 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.30 6.67 262.68 1.05 6.51 256.39</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.40 6.77 266.62 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.33 -0.27 6.71 264.00 1.08 -0.48 6.55 257.70</u></div>
<div class="ContentPasted0"><u>Hensall 1.32 6.69 263.34 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Bruce 1.35 6.72 264.65 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Putnam 1.30 6.67 262.68 1.05 6.51 256.39</u></div>
<div class="ContentPasted0"><u>Guelph 1.35 6.72 264.65 1.05 6.51 256.39</u></div>
<div class="ContentPasted0"><u>Burford 1.30 6.67 262.68 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Port Perry 1.05 6.42 252.84 0.90 6.36 250.48</u></div>
<div class="ContentPasted0"><u>Norfolk 1.40 6.77 266.62 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Palmerston 1.30 6.67 262.68 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Varna 1.30 6.67 262.68 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Belmore 1.30 6.67 262.68 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Trenton 1.20 6.57 258.75 0.90 6.36 250.48</u></div>
<div class="ContentPasted0"><u>Winchester N/A 1.00 6.46 254.42</u></div>
<div class="ContentPasted0"><u>North Gower 1.05 6.42 252.84 0.95 6.41 252.45</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.50 6.87 270.56 0.94 6.40 252.06</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 1.57 1.55N/A 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Kent FOB 1.55 6.92 272.53 1.10 6.56 258.35</u></div>
<div class="ContentPasted0"><u>Lamb FOB 1.51 6.88 270.95N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 1.35N/A N/A N/A 6.72 264.65 1.05 6.51 256.39</u></div>
<div class="ContentPasted0"><u>FOB SW Que 1.85 7.22 284.34N/A</u></div>
<div class="ContentPasted0"><u>Track 2.03 7.40 291.23N/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 1.90 1.70 7.16 281.98</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 2.03 7.40 291.23</u></div>
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<div class="ContentPasted0"><u>US Rep 2.48 7.85 309.14</u></div>
<div class="ContentPasted0"><u>Toledo El. 0.53 5.90 232.20 -0.53 4.94 194.35</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.45 6.91 272.13</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.36 6.82 268.59</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.15 6.61 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3144 down 0.0004</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed narrowly mixed.</u></div>
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<div class="ContentPasted0"><u> NOV23 HI 14.18 1/4 NOV23 HI 14.18 1/4</u></div>
<div class="ContentPasted0"><u> LOW 13.98 1/2 LOW 13.98 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE14.04 3/4 Down 4 CLOSE 14.04 3/4 Down 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 4.93 18.98 697.30 3.09 17.14 629.70</u></div>
<div class="ContentPasted0"><u>CK High 5.00 19.05 699.88 3.20 17.25 633.74</u></div>
<div class="ContentPasted0"><u>CK Average 4.97 0.42 19.02 698.83 3.13 -0.98 17.17 631.06</u></div>
<div class="ContentPasted0"><u>Essex Cty 5.00 19.05 699.88 3.20 17.25 633.74</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.91 18.96 696.57 3.07 17.12 628.96</u></div>
<div class="ContentPasted0"><u>Mdsx High 5.00 19.05 699.88 3.15 17.20 631.90</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.97 0.42 19.01 698.59 3.12 -0.99 17.17 630.71</u></div>
<div class="ContentPasted0"><u>Hensall 4.92 18.96 696.81 3.13 17.18 631.29</u></div>
<div class="ContentPasted0"><u>Bruce 5.00 19.05 699.88 3.15 17.20 631.90</u></div>
<div class="ContentPasted0"><u>Putnam 4.95 19.00 698.04 3.10 17.15 630.06</u></div>
<div class="ContentPasted0"><u>Guelph 5.01 19.06 700.24 3.17 17.22 632.63</u></div>
<div class="ContentPasted0"><u>Burford 5.01 19.06 700.24 3.17 17.22 632.63</u></div>
<div class="ContentPasted0"><u>Port Perry 4.85 18.90 694.36 3.01 17.06 626.76</u></div>
<div class="ContentPasted0"><u>Norfolk 5.00 19.05 699.88 3.20 17.25 633.74</u></div>
<div class="ContentPasted0"><u>Palmerston 4.90 18.95 696.20 3.15 17.20 631.90</u></div>
<div class="ContentPasted0"><u>Varna 4.90 18.95 696.20 3.15 17.20 631.90</u></div>
<div class="ContentPasted0"><u>Trenton N/A 3.10 17.15 630.06</u></div>
<div class="ContentPasted0"><u>Winchester N/A 3.10 17.15 630.06</u></div>
<div class="ContentPasted0"><u>North Gower 5.20 19.25 707.22 3.10 17.15 630.06</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.68 18.73 688.12 3.29 17.34 637.04</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.69 4.96 N/A 3.15 18.74 688.49 3.15 17.20 631.90</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.00 19.05 699.88 3.15 17.20 631.90</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.80 18.85 692.53 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.00 N/A N/A N/A 19.05 699.88 3.27 17.32 636.31</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.34 19.39 712.37 3.84 17.89 657.25</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.35 19.40 712.74 3.75 17.80 653.95</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.61 17.66 648.80</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 3.84 17.89 657.25</u></div>
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<div class="ContentPasted0"><u>Toledo El. 0.20 14.24 523.40 -0.72 13.32 489.59</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3144 down 0.0004</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>SEP23 HI 7.50 3/4 JUL24 HI 7.77 1/4</u></div>
<div class="ContentPasted0"><u> LOW 7.11 1/4 LOW 7.47 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 7.27 Down 3/4 CLOSE 7.60 3/4 Down 1 3/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>SEP23 HI 9.19 3/4 SEP24 HI 8.50</u></div>
<div class="ContentPasted0"><u> LOW 8.87 LOW 8.29 3/4</u></div>
<div class="ContentPasted0"><u> CLOSE 9.02 Up 4 3/4 CLOSE 8.41 3/4 Up 3 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 0.60 N/A N/A N/A 0.80 N/A</u></div>
<div class="ContentPasted0"><u>London 2.19 1.46 0.61 N/A 1.73 1.43 0.90 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 2.05 1.45 0.65 1.20 1.65 1.40 0.80 N/A</u></div>
<div class="ContentPasted0"><u>Trenton N/A N/A 0.65 N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Bruce 1.65 1.15 0.65 1.15 1.38 1.15 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Essex N/A N/A 0.60 N/A N/A N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Norwich 2.05 N/A 0.60 N/A 1.85 N/A 0.80 N/A</u></div>
<div class="ContentPasted0"><u>Belmore 1.75 1.25 0.70 1.20 1.90 1.30 0.80 N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 2.05 N/A 0.60 N/A 1.85 N/A 0.80 N/A</u></div>
<div class="ContentPasted0"><u>Chatham N/A N/A 0.60 N/A N/A N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 0.60 N/A N/A N/A 0.85 N/A</u></div>
<div class="ContentPasted0"><u>Palmerston 1.75 1.25 0.70 1.20 1.90 1.30 0.80 N/A</u></div>
<div class="ContentPasted0"><u>Varna 2.05 1.45 0.65 N/A 1.65 1.40 0.80 N/A</u></div>
<div class="ContentPasted0"><u>Mitchell 2.05 1.35 0.60 N/A 1.85 1.30 0.80 N/A</u></div>
<div class="ContentPasted0"><u>Thornton 2.19 1.46 0.61 1.41 1.73 1.43 0.90 N/A</u></div>
<div class="ContentPasted0"><u>North Gower N/A 0.85 1.10 1.17 N/A 0.58 0.88 0.82</u></div>
<div class="ContentPasted0"><u>W O Feed 1.56</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.47 N/A N/A N/A 1.20 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 1.96 N/A N/A N/A N/A N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 7.02US 9.23CA 7.37US 9.68CA</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 702.74</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 300.00</u></div>
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<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>
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<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
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