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<DIV>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 29<BR>(All Bases in CAD)<BR>Bank of Canada Noon exchange rate was 0.9705 down 0.0116<BR>Chicago corn closed mixed.</DIV>
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<DIV> SEP11 HI 6.97 DEC11 HI 6.71 3/4<BR> LOW 6.66 LOW 6.42 1/2<BR> CLOSE6.78 Up 8 CLOSE 6.50 1/2 Down 2 1/2</DIV>
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<DIV> OLD CROP BASIS NEW CROP BASIS<BR>Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt<BR>ELEVATORS +SEP11+SEP11+DEC11<BR>CK Low 0.45 7.23 284.63 -0.40 6.11 240.34<BR>CK High 0.45 7.23 284.63 -0.40 6.11 240.34<BR>CK Avg 0.45 0.63 7.23 284.63 -0.40 -0.22 6.11 240.34<BR>Essex Cty 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Mdsx Low 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Mdsx High 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Mdsx Avg 0.45 0.63 7.23 284.63 -0.40 -0.22 6.11 240.34<BR>Hensall 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Bruce 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Putnam 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Princeton 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Durham 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Norfolk 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Palmerston 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Trenton 0.20 6.98 274.79 -0.40 6.11 240.34<BR>Winchester N/A -0.35 6.16 242.31<BR>North Gower N/A -0.65 5.86 230.50<BR>Huron FOB 0.35 7.13 280.70 -0.40 6.11 240.34<BR>Kent FOB 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Lamb FOB 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Mdsx FOB 0.50 0.60 0.95N/A 7.28 286.60 -0.45 6.06 238.37<BR>FOB SW Que 0.40 7.18 282.66 -0.70 5.81 228.53<BR>Track 0.17 6.95 273.41N/A<BR>PROCESSORS<BR>Chat-Eth N/A 0.80 1.30 -1.40 -0.40 6.11 240.34<BR>Jhnstwn-Eth N/A N/A 1.25 1.30 -0.35 6.16 242.31<BR>Aylmer-Eth N/A 0.75 1.05N/A -0.45 6.06 238.37<BR>Sarn-Eth N/A N/A 0.65 1.05 -0.40 6.11 240.34<BR>Cllngwd-Eth N/A N/A N/A N/A -0.55* 5.96 234.44<BR>London-Cas 0.35 0.65 1.17 1.22 7.13 280.70 -0.75 5.76 226.56<BR>Pt.Colb-Cas 0.45 0.75 1.25 1.30 7.23 284.63 -0.70 5.81 228.53<BR>Cardnl-Cas 0.45 0.75 1.25 1.30 7.23 284.63 -0.80 5.71 224.60<BR>W O Feed 0.71 0.74 7.49 294.95</DIV>
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<DIV>US Rep 1.15 1.18 7.93 312.19<BR>Toledo El. 0.21 6.99 275.34 -0.39 6.12 240.77</DIV>
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<DIV>TRANSFER<BR>Sarnia 0.45 7.23 284.63 -0.40 6.11 240.34<BR>Pt. Stanley 0.30 7.08 278.73 -0.47 6.04237 3/5<BR>Hamilton 0.55 7.33 288.57 -0.47 6.04237 3/5</DIV>
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<DIV>MID SD CRN -0.40 6.10 1/2<BR>HI SD CRN -0.40 6.10 1/2<BR>*Wet Bid</DIV>
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<DIV><BR>Bank of Canada Noon exchange rate was 0.9705 down 0.0116<BR>Chicago soybeans closed slightly higher.</DIV>
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<DIV> JUL11 HI 13.50 NOV11 HI 13.38 1/2<BR> LOW 13.26 1/2 LOW 13.17 1/2<BR> CLOSE13.34 1/4 Up 3 1/2 CLOSE 13.23 Up 4</DIV>
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<DIV> OLD CROP NEW CROP<BR>Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt<BR>ELEVATORS +AUG1+AUG1+NOV11<BR>CK Low -0.74 12.60 463.06-1.21 12.02 441.66<BR>CK High -0.61 12.73 467.84-1.10 12.13 445.70<BR>CK Average -0.66 -0.3012.68 466.00-1.16-0.8012.07 443.44<BR>Essex Cty -0.54 12.80 470.41-1.14 12.09 444.23<BR>Mdsx Low -0.79 12.55 461.23-1.16 12.07 443.50<BR>Mdsx High -0.59 12.75 468.57-1.12 12.11 444.97<BR>Mdsx Average -0.68 -0.3112.67 465.39-1.14-0.7812.09 444.11<BR>Hensall -0.63 12.72 467.29-1.15 12.08 443.86<BR>Bruce -0.65 12.69 466.37-1.15 12.08 443.86<BR>Putnam -0.65 12.69 466.37-1.15 12.08 443.86<BR>Princeton -0.55 12.79 470.04-1.13 12.10 444.60<BR>Durham -0.75 12.59 462.70-1.13 12.10 444.60<BR>Norfolk -0.63 12.71 467.10-1.16 12.07 443.50<BR>Palmerston -0.65 12.69 466.37-1.15 12.08 443.86<BR>Trenton -1.05 12.29 451.67-1.20 12.03 442.03<BR>Winchester N/A -0.99 12.24 449.74<BR>North Gower N/A -0.95 12.28 451.21<BR>Huron FOB -0.45 12.89 473.72-1.00 12.23 449.38<BR>Kent FOB -0.68 12.66 465.27-1.21 12.02 441.66<BR>Lambton FOB -0.68 12.66 465.27-1.21 12.02 441.66<BR>Middlesex FOB-0.610.56 N/A N/A 12.73 467.84-0.93 12.30 451.95</DIV>
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<DIV>PROCESSORS<BR>Hamilton -0.32-0.51-0.53-0.53 13.02 478.49-0.77 12.46 457.83<BR>Windsor -0.33 N/A N/A N/A 13.01 478.13-0.88 12.35 453.78<BR>Winchester -0.55 12.79 470.04-0.77 12.46 457.83</DIV>
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<DIV>TRANSFER<BR>Hamilton -0.37 N/A N/A N/A 12.97 476.66-0.62 12.61 463.34<BR>Pt. Stanley -1.05 12.29 451.67-1.12 12.11 444.97<BR>Sarnia -0.63 12.71 467.10-0.77 12.46 457.83<BR>Owen Sound N/A N/A<BR>Sorel QC -0.52 12.82 471.15-0.35 12.88 473.26</DIV>
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<DIV>Toledo El. 0.07 13.41 492.75-0.42 12.81 470.75</DIV>
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<DIV><BR>Bank of Canada Noon exchange rate was 0.9705 down 0.0116<BR>Chicago wheat closed slightly higher.<BR>SEP11 HI 6.98 1/2 SEP11 HI 6.98 1/2<BR> LOW 6.62 LOW 6.62<BR> CLOSE 6.74 1/4 Up 2 1/2 CLOSE 6.74 1/4 Up 2 1/2</DIV>
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<DIV>Minni wheat closed moderately higher.<BR>SEP11 HI 8.60 1/4 SEP11 HI 8.60 1/4<BR> LOW 8.34 LOW 8.34<BR> CLOSE 8.49 1/2 Up 16 1/2 CLOSE 8.49 1/2 Up 16 1/2</DIV>
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<DIV>GFO Cash Wheat Prices - DEL Terminal<BR>Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<BR>Basis -0.57 0.11 -0.77 -0.72<BR>CAD $/bu 6.17 6.85 5.98 7.78<BR>CAD $/tonne 226.70 251.72 219.55 285.76</DIV>
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<DIV><BR>Direct MarkHarvest 2010 Harvest 2011<BR> DELIVERED BASIS DELIVERED BASIS<BR>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<BR>ELEVATORS<BR>Brgssvll N/A N/A N/A N/A N/A -0.25 -1.10 N/A<BR>London -0.69 -0.50 -0.84 N/A -0.37 -0.27 -1.15 N/A<BR>Hensall -0.40 N/A -0.70 N/A -0.35 N/A -0.95 N/A<BR>Trenton N/A N/A N/A N/A N/A N/A -0.80 N/A<BR>Winchester N/A N/A N/A N/A N/A N/A N/A -1.05<BR>Essex N/A N/A -0.88 N/A N/A N/A -1.27 N/A<BR>Norwich -0.40 N/A -0.70 N/A -0.35 N/A -1.05 N/A<BR>Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A<BR>Kent Bridge -0.40 N/A -0.70 N/A -0.35 N/A -1.05 N/A<BR>Chatham N/A N/A N/A N/A N/A -0.26 -1.05 N/A<BR>Brigden N/A N/A N/A N/A N/A -0.26 -1.05 N/A<BR>Palmerston N/A N/A N/A N/A N/A -0.13 -0.96 -0.75<BR>Mitchell -0.40 -0.20 -0.70 N/A -0.35 0.00 -0.95 N/A<BR>Thornton N/A N/A N/A -1.33 N/A N/A N/A -1.19<BR>North Gower N/A N/A N/A N/A N/A N/A N/A -0.85</DIV>
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<DIV>TERMINAL<BR>Sarnia N/A N/A N/A N/A -0.23 0.26 -0.86 N/A<BR>Hamilton N/A N/A N/A N/A N/A N/A -0.59 N/A<BR>Pt. Stanley N/A N/A N/A N/A N/A N/A -1.03 N/A</DIV>
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<DIV>PROCESSORS<BR>Toledo FM N/A N/A N/A N/A -0.25 -0.65 -0.69 N/A</DIV>
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<DIV>Toledo El. 6.34US 6.17CA 6.34US 6.17CA</DIV>
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<DIV>GFO Contract Wheat Prices - DEL Terminal<BR>Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<BR>Basis -0.48 0.21 -0.67 -0.62<BR>CAD $/bu 6.27 6.95 6.07 7.87<BR>CAD $/tonne 230.27 255.29 223.13 289.34</DIV>
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<DIV>(C)-Basis over the Chicago Board of Trade futures<BR>(M)-Basis over the Minneapolis Grain Exchange</DIV>
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<DIV>FEED GRAINS<BR>Bayport Wheat 300.00 - 305.00<BR>Bayport Oats 305.00<BR>Bayport Barley 285.00<BR>FOB Hm Soymeal 394.52<BR>DDG's FOB Srn, Wndr, Aylm 210.00 - 225.00<BR></DIV>
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<DIV>John Jordan<BR>Editor, AgriLink and Farm Market News<BR>University of Guelph, Ridgetown Campus<BR>Tel. 519-674-1500 x 63577</DIV>
<DIV>Fax. 519-674-1530<BR>E-mail: jjordan@ridgetownc.uoguelph.ca<BR>AgriLink website : www.ridgetownc.com/agrilink </DIV></BODY></HTML>