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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, July 21</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3183 up 0.0039</u></div>
<div class="ContentPasted0"><u>Chicago corn closed moderately lower.</u></div>
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<div class="ContentPasted0"><u>      SEP23   HI 5.38  3/4                    DEC23    HI 5.46  1/4</u></div>
<div class="ContentPasted0"><u>             LOW 5.22  1/2                            LOW 5.31  1/4</u></div>
<div class="ContentPasted0"><u>            CLOSE5.27   Down 10 1/4                 CLOSE 5.36  1/4  Down 10</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                        6.57 258.65  1.05         6.41 252.45</u></div>
<div class="ContentPasted0"><u>CK High      1.40                        6.67 262.59  1.15         6.51 256.39</u></div>
<div class="ContentPasted0"><u>CK Avg       1.33                  -0.26 6.60 259.77  1.09 -0.47   6.45 253.85</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.40                        6.67 262.59  1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.30                        6.57 258.65  1.05         6.41 252.45</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.40                        6.67 262.59  1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.33                  -0.26 6.60 259.96  1.08 -0.47   6.45 253.76</u></div>
<div class="ContentPasted0"><u>Hensall      1.32                        6.59 259.31  1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Bruce        1.40                        6.67 262.59  1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Putnam       1.30                        6.57 258.65  1.05         6.41 252.45</u></div>
<div class="ContentPasted0"><u>Guelph       1.35                        6.62 260.62  1.05         6.41 252.45</u></div>
<div class="ContentPasted0"><u>Burford      1.30                        6.57 258.65  1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Port Perry   1.05                        6.32 248.81  0.90         6.26 246.54</u></div>
<div class="ContentPasted0"><u>Norfolk      1.40                        6.67 262.59  1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Palmerston   1.30                        6.57 258.65  1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Varna        1.30                        6.57 258.65  1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Belmore      1.30                        6.57 258.65  1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Trenton      1.20                        6.47 254.71  0.95         6.31 248.51</u></div>
<div class="ContentPasted0"><u>Winchester  N/A                                       1.06         6.42 252.84</u></div>
<div class="ContentPasted0"><u>North Gower  1.05                        6.32 248.81  0.95         6.31 248.51</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.50                        6.77 266.52  0.93         6.29 247.72</u></div>
<div class="ContentPasted0"><u>Huron FOB   N/A    1.56  1.54N/A                      1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.55                        6.82 268.49  1.10         6.46 254.42</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.51                        6.78 266.92N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.35N/A   N/A   N/A         6.62 260.62  1.05         6.41 252.45</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.12                        7.39 290.93N/A</u></div>
<div class="ContentPasted0"><u>Track        2.02                        7.29 286.99N/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         7.06 278.04</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     2.02                        7.29 286.99</u></div>
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<div class="ContentPasted0"><u>US Rep       2.48                        7.75 305.10</u></div>
<div class="ContentPasted0"><u>Toledo El.   0.53                        5.80 228.23 -0.53         4.84 190.35</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb    N/A                                       1.45         6.81 268.20</u></div>
<div class="ContentPasted0"><u>Prescott    N/A                                       1.35         6.71 264.26</u></div>
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<div class="ContentPasted0"><u>HI SD CRN                                             1.15         6.51 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3183 up 0.0039</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="ContentPasted0"><u>      NOV23   HI 14.08  3/4              NOV23     HI 14.08  3/4</u></div>
<div class="ContentPasted0"><u>             LOW 13.85  1/4                       LOW 13.85  1/4</u></div>
<div class="ContentPasted0"><u>            CLOSE14.01  3/4  Down 3             CLOSE 14.01  3/4  Down 3</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      4.94                         18.96 696.57  3.10        17.12 628.96</u></div>
<div class="ContentPasted0"><u>CK High     5.00                         19.02 698.77  3.20        17.22 632.63</u></div>
<div class="ContentPasted0"><u>CK Average  4.97                    0.39 18.99 697.79  3.14 -1.00  17.16 630.59</u></div>
<div class="ContentPasted0"><u>Essex Cty   5.00                         19.02 698.77  3.20        17.22 632.63</u></div>
<div class="ContentPasted0"><u>Mdsx Low    4.90                         18.92 695.10  3.10        17.12 628.96</u></div>
<div class="ContentPasted0"><u>Mdsx High   5.00                         19.02 698.77  3.15        17.17 630.80</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.94                    0.36 18.96 696.66  3.14 -1.01  17.15 630.25</u></div>
<div class="ContentPasted0"><u>Hensall     4.92                         18.93 695.71  3.13        17.15 630.19</u></div>
<div class="ContentPasted0"><u>Bruce       4.90                         18.92 695.10  3.10        17.12 628.96</u></div>
<div class="ContentPasted0"><u>Putnam      4.95                         18.97 696.94  3.10        17.12 628.96</u></div>
<div class="ContentPasted0"><u>Guelph      5.01                         19.03 699.14  3.17        17.19 631.53</u></div>
<div class="ContentPasted0"><u>Burford     5.02                         19.04 699.51  3.24        17.26 634.10</u></div>
<div class="ContentPasted0"><u>Port Perry  4.86                         18.88 693.63  3.08        17.10 628.23</u></div>
<div class="ContentPasted0"><u>Norfolk     5.00                         19.02 698.77  3.20        17.22 632.63</u></div>
<div class="ContentPasted0"><u>Palmerston  4.90                         18.92 695.10  3.15        17.17 630.80</u></div>
<div class="ContentPasted0"><u>Varna       4.90                         18.92 695.10  3.15        17.17 630.80</u></div>
<div class="ContentPasted0"><u>Trenton      N/A                                       3.10        17.12 628.96</u></div>
<div class="ContentPasted0"><u>Winchester   N/A                                       3.10        17.12 628.96</u></div>
<div class="ContentPasted0"><u>North Gower 5.29                         19.31 709.43  3.10        17.12 628.96</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.75                         18.77 689.59  3.35        17.37 638.15</u></div>
<div class="ContentPasted0"><u>Huron FOB   4.75  5.02  N/A   3.15       18.77 689.59  3.15        17.17 630.80</u></div>
<div class="ContentPasted0"><u>Kent FOB    5.00                         19.02 698.77  3.15        17.17 630.80</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.80                         18.82 691.42  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    5.01  N/A   N/A   N/A        19.03 699.14  3.28        17.30 635.57</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.39                         19.41 713.10  3.88        17.90 657.62</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.35                         19.37 711.63  3.75        17.77 652.84</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       3.68        17.70 650.27</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A                                       3.85        17.87 656.52</u></div>
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<div class="ContentPasted0"><u>Toledo El.  0.20                         14.22 522.32 -0.73        13.29 488.41</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3183 up 0.0039</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed lower.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     7.33  1/4            JUL24   HI         7.65</u></div>
<div class="ContentPasted0"><u>           LOW    6.93  1/2                    LOW        7.36</u></div>
<div class="ContentPasted0"><u>           CLOSE  6.97  1/2  Down 29 1/2       CLOSE   7.39   Down 21 3/4</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        9.07              SEP24   HI      8.33  1/2</u></div>
<div class="ContentPasted0"><u>           LOW    8.77  1/2                    LOW     8.33  1/2</u></div>
<div class="ContentPasted0"><u>           CLOSE  8.87   Down 15               CLOSE   8.33  1/2  Down 8 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      2.13   1.40   0.65    N/A    1.75    1.39   0.86    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    1.39    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    2.13   1.40   0.65   1.38    1.75    1.39   0.86    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.85   1.10   1.17    N/A     0.59   0.89   0.82</u></div>
<div class="ContentPasted0"><u>W O Feed                  1.51</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    1.14    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   1.89    N/A    N/A     N/A     N/A    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 6.73US        8.87CA         7.15US         9.43CA</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            705.27</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            300.00</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, Farm Market News
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