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Note: The reports now show spot/old Corn and Soybeans over the July 2025 future.</div>
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Thank you</div>
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<br>
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<u><br>
</u></div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, April 28</u></div>
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<u>(All Bases in CAD)</u></div>
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<u>Exchange rate was 1.3812 down 0.0014</u></div>
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<u>Chicago corn closed slightly to moderately lower.</u></div>
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<u><br>
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<u> JUL25 HI 4.85 3/4 DEC25 HI 4.55</u></div>
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<u> LOW 4.76 1/4 LOW 4.46 3/4</u></div>
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<u> CLOSE4.83 1/4 Down 2 1/4 CLOSE 4.50 1/4 Down 5 1/2</u></div>
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<u><br>
</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u> OLD CROP BASIS NEW CROP BASIS</u></div>
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<u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
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<u>ELEVATORS +JUL25+SEP25+SEP25</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>CK Low 1.27 6.10 240.24 1.25 5.75 226.47</u></div>
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<u>CK High 1.30 6.13 241.43 1.35 5.85 230.40</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>CK Avg 1.29 -0.40 6.13 241.13 1.30 -0.30 5.80 228.43</u></div>
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<u>Essex Cty 1.30 6.13 241.43 1.30 5.80 228.43</u></div>
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<u>Mdsx Low 1.27 6.10 240.24 1.25 5.75 226.47</u></div>
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<u>Mdsx High 1.30 6.13 241.43 1.30 5.80 228.43</u></div>
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<u>Mdsx Avg 1.29 -0.40 6.13 241.19 1.29 -0.31 5.79 228.04</u></div>
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<u>Hensall 1.30 6.13 241.29 1.32 5.82 229.09</u></div>
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<u>Bruce 1.30 6.13 241.43 1.30 5.80 228.43</u></div>
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<u>Putnam 1.30 6.13 241.43 1.30 5.80 228.43</u></div>
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<u>Guelph 1.32 6.15 242.21 1.25 5.75 226.47</u></div>
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<u>Burford 1.27 6.10 240.24 1.25 5.75 226.47</u></div>
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<u>Port Perry 0.97 5.80 228.43 1.00 5.50 216.62</u></div>
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<u>Norfolk 1.30 6.13 241.43 1.30 5.80 228.43</u></div>
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<u>Palmerston 1.27 6.10 240.24 1.30 5.80 228.43</u></div>
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<u>Varna 1.27 6.10 240.24 1.30 5.80 228.43</u></div>
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<u>Belmore 1.27 6.10 240.24 1.30 5.80 228.43</u></div>
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<u>Trenton 0.97 5.80 228.43 1.05 5.55 218.59</u></div>
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<u>Winchester 1.45 6.28 247.33 1.15 5.65 222.53</u></div>
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<u>North Gower 1.17 6.00 236.31 1.20 5.70 224.50</u></div>
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<u>Vankleek Hil 1.42 6.25 246.15 1.37 5.87 231.19</u></div>
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<u>Huron FOB N/A 1.32 1.42 1.91 N/A</u></div>
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<u>Kent FOB 1.48 6.31 248.51 1.26 5.76 226.86</u></div>
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<u>Lamb FOB 1.47 6.30 248.12 1.30 5.80 228.43</u></div>
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<u>Mdsx FOB 1.47 1.60N/A N/A 6.30 248.12 1.25 5.75 226.47</u></div>
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<u>FOB SW Que 2.19 7.02 276.46N/A</u></div>
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<u>Track 1.93 6.76 266.23N/A</u></div>
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<u>PROCESSORS</u></div>
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<u>Chat-Eth N/A N/A N/A N/A 1.54 6.04 237.88</u></div>
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<u>Jhnstwn-Eth N/A N/A N/A N/A 1.64 6.14 241.82</u></div>
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<u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
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<u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
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<u>London-Ing N/A N/A N/A N/A 1.65 6.15 242.21</u></div>
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<u>Cardnl-Ing N/A N/A N/A N/A N/A</u></div>
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<u>W O Feed 1.93 6.76 266.23</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>max 3.0 ppm</u></div>
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<u>US Rep 2.06 6.89 271.35</u></div>
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<u>Toledo El. 0.04 4.87 191.88 -0.55 3.95 155.51</u></div>
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<u><br>
</u></div>
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<u>TRANSFER</u></div>
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<u>Pt. Colb N/A 1.55 6.05 238.28</u></div>
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<u>Prescott N/A 1.37 5.87 231.19</u></div>
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<u><br>
</u></div>
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<u><br>
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<u>HI SD CRN 1.30 6.13 1/4 1.35 5.85 1/4</u></div>
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<u>*Wet Bid</u></div>
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<u><br>
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<u><br>
</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Exchange rate was 1.3812 down 0.0014</u></div>
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<u>Chicago soybeans closed narrowly mixed.</u></div>
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<u><br>
</u></div>
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<u> JUL25 HI 10.64 NOV25 HI 10.36 1/2</u></div>
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<u> LOW 10.51 1/2 LOW 10.26 1/4</u></div>
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<u> CLOSE10.62 1/2 Up 3 1/4 CLOSE 10.34 3/4 Down 1/4</u></div>
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<u><br>
</u></div>
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<u> OLD CROP NEW CROP</u></div>
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<u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
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<u>ELEVATORS +JUL25+JUL25+JUL25</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>CK Low 3.00 13.63 500.63 2.85 13.20 484.93</u></div>
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<u>CK High 3.05 13.68 502.47 2.95 13.30 488.60</u></div>
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<u>CK Average 3.03 -0.74 13.66 501.87 2.87 -0.78 13.22 485.71</u></div>
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<u>Essex Cty 3.05 13.68 502.47 2.85 13.20 484.93</u></div>
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<u>Mdsx Low 3.00 13.63 500.63 2.85 13.20 484.93</u></div>
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<u>Mdsx High 3.05 13.68 502.47 2.95 13.30 488.60</u></div>
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<u>Mdsx Average3.02 -0.74 13.65 501.51 2.87 -0.78 13.22 485.81</u></div>
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<u>Hensall 3.03 13.66 501.86 2.87 13.21 485.54</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Bruce 3.05 13.68 502.47 2.85 13.20 484.93</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Putnam 3.05 13.68 502.47 2.95 13.30 488.60</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Guelph 2.99 13.62 500.27 2.85 13.20 484.93</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Burford 3.06 13.69 502.84 2.91 13.26 487.13</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Port Perry 2.86 13.49 495.49 2.71 13.06 479.78</u></div>
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<u>Norfolk 3.00 13.63 500.63 2.85 13.20 484.93</u></div>
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<u>Palmerston 3.00 13.63 500.63 2.90 13.25 486.76</u></div>
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<u>Varna 3.00 13.63 500.63 2.85 13.20 484.93</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Trenton 2.75 13.38 491.45 2.65 13.00 477.58</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Winchester 2.86 13.49 495.49 3.00 13.35 490.44</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>North Gower 2.90 13.53 496.96 3.00 13.35 490.44</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Vankleek Hil2.96 13.59 499.16 2.59 12.94 475.37</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Huron FOB N/A 3.11 3.17 3.35 N/A</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Kent FOB 3.25 13.88 509.82 2.80 13.15 483.09</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Lambton FOB 3.15 13.78 506.14 2.90 13.25 486.76</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Mdsx FOB 3.05 3.29 3.25 3.32 13.68 502.47 3.03 13.38 491.54</u></div>
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<u><br>
</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>PROCESSORS</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Windsor 3.67 14.30 525.25 3.22 13.57 498.52</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>TRANSFER</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Hamilton 3.55 14.18 520.84 3.35 13.70 503.30</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Prescott N/A 3.08 13.43 493.38</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Port Colborn3.20 13.83 507.98 3.52 13.87 509.54</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Toledo El. 0.00 10.63 390.40 -0.76 9.59 352.29</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Exchange rate was 1.3812 down 0.0014</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Chicago wheat closed moderately lower to lower.</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>JUL25 HI 5.44 JUL25 HI 5.44</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u> LOW 5.27 1/4 LOW 5.27 1/4</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u> CLOSE 5.31 Down 14 CLOSE 5.31 Down 14</u></div>
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<u><br>
</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Minni wheat closed moderately lower.</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>JUL25 HI 6.05 1/2 SEP25 HI 6.19 3/4</u></div>
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<u> LOW 5.93 1/2 LOW 6.08 1/2</u></div>
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<u> CLOSE 5.96 3/4 Down 9 1/2 CLOSE 6.11 1/2 Down 9 1/2</u></div>
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<u><br>
</u></div>
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<u><br>
</u></div>
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<u><br>
</u></div>
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<u>Direct MarkHarvest 2024 Harvest 2025</u></div>
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<u> DELIVERED BASIS DELIVERED BASIS</u></div>
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<u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
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<u>ELEVATORS</u></div>
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<u>Brgssvll N/A N/A 0.80 N/A N/A N/A 1.05 N/A</u></div>
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<u>London N/A 1.83 0.76 N/A N/A 1.83 0.93 N/A</u></div>
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<u>Hensall 1.85 1.80 0.85 1.58 2.10 2.00 1.05 1.65</u></div>
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<u>Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A</u></div>
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<u>Bruce 1.55 1.85 0.85 1.20 1.70 1.80 1.00 1.20</u></div>
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<u>Essex N/A N/A 0.85 N/A N/A N/A 1.00 N/A</u></div>
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<u>Norwich 1.85 N/A 0.85 N/A 2.15 N/A 1.00 N/A</u></div>
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<u>Winchester N/A N/A N/A N/A N/A N/A N/A N/A</u></div>
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<u>Belmore 1.05 1.25 0.85 0.78 N/A 1.75 1.05 N/A</u></div>
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<u>Kent Bridge 1.85 N/A 0.85 N/A 2.15 N/A 1.00 N/A</u></div>
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<u>Chatham N/A N/A 0.85 N/A N/A N/A 1.00 N/A</u></div>
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<u>Brigden N/A N/A 0.85 N/A N/A N/A 1.00 N/A</u></div>
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<u>Palmerston 1.05 1.25 0.85 0.78 N/A 1.75 1.05 N/A</u></div>
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<u>Varna 1.85 1.80 0.85 N/A 2.10 2.15 1.05 N/A</u></div>
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<u>Mitchell 1.85 N/A 0.85 N/A 2.15 N/A 1.00 N/A</u></div>
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<u>Thornton N/A 1.83 0.76 1.54 N/A 1.83 0.93 N/A</u></div>
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<u>North Gower N/A 0.85 1.05 0.95 N/A 1.30 1.50 0.97</u></div>
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<u>W O Feed 1.66</u></div>
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<u><br>
</u></div>
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<u>TERMINAL</u></div>
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<u>Port Colbor N/A N/A 1.54 N/A N/A N/A 1.54 N/A</u></div>
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<u><br>
</u></div>
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<u>PROCESSORS</u></div>
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<u>Toledo FM N/A N/A 1.61 N/A N/A N/A 1.82 N/A</u></div>
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<u><br>
</u></div>
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<u>Toledo El. 4.76US 6.57CA 5.01US 6.92CA</u></div>
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<u><br>
</u></div>
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<u><br>
</u></div>
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<u>(C)-Basis over the Chicago Board of Trade futures</u></div>
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<u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
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<u><br>
</u></div>
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<u>FEED GRAINS</u></div>
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<u>FOB Hm Soymeal 467.28</u></div>
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<u>DDG's FOB Aylm 250.00</u></div>
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<u><br>
</u></div>
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<br>
</div>
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<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">Editor, Farm Market News </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">University of Guelph, Ridgetown Campus </span></p>
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<span style="font-family: "Courier New"; font-size: 10pt;"> </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">Email:fmnc@uoguelph.ca </span></p>
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<span style="font-family: "Courier New"; font-size: 10pt;">Tel. 519-674-1500 x 63577 </span></p>
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