FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 30 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.3009 up 0.0018 Chicago corn closed moderately lower. SEP16 HI 3.82 1/4 DEC16 HI 3.87 3/4 LOW 3.60 1/4 LOW 3.65 1/4 CLOSE3.65 1/2 Down 12 1/4 CLOSE 3.71 1/4 Down 11 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP16+DEC16+DEC16 CK Low 0.78 4.44 174.60 0.70 4.41 173.71 CK High 0.80 4.46 175.39 0.70 4.41 173.71 CK Avg 0.80 -0.22 4.45 175.25 0.70 -0.31 4.41 173.71 Essex Cty 0.78 4.44 174.60 0.70 4.41 173.71 Mdsx Low 0.80 4.46 175.39 0.70 4.41 173.71 Mdsx High 0.80 4.46 175.39 0.70 4.41 173.71 Mdsx Avg 0.80 -0.22 4.46 175.39 0.70 -0.31 4.41 173.71 Hensall 0.80 4.46 175.39 0.73 4.44 174.70 Bruce 0.80 4.46 175.39 0.70 4.41 173.71 Putnam 0.73 4.39 172.63 0.70 4.41 173.71 Burford 0.80 4.46 175.39 0.70 4.41 173.71 Port Perry 0.80 4.46 175.39 0.70 4.41 173.71 Norfolk 0.80 4.46 175.39 0.70 4.41 173.71 Palmerston 0.78 4.44 174.60 0.70 4.41 173.71 Varna 0.73 4.39 172.63 0.75 4.46 175.68 Trenton 0.80 4.46 175.39 0.75 4.46 175.68 Winchester 1.00 4.66 183.26 0.95 4.66 183.55 North Gower 0.85 4.51 177.35 0.85 4.56 179.62 Huron FOB 0.97 4.63 182.08 0.72 4.43 174.50 Kent FOB 0.90 4.56 179.32 0.70 4.41 173.71 Lamb FOB 0.90 4.56 179.32 0.70 4.41 173.71 Mdsx FOB 0.90 0.95N/A N/A 4.56 179.32 0.70 4.41 173.71 FOB SW Que 1.20 4.86 191.13N/A Track 1.20 4.86 191.13N/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 1.10N/A N/A Sarn-Eth 1.10 1.15 0.90N/A 4.76 187.20N/A Kawartha N/A N/A N/A N/A 0.95 4.66 183.55 London-Ing 1.23 1.31 1.31 1.33 4.89 192.31 0.92 4.63 182.37 Pt.Colb-Ing N/A 1.45 1.47N/A N/A Cardnl-Ing N/A N/A N/A 1.43 0.96 4.67 183.95 W O Feed 1.31 4.96 195.31 US Rep 1.52 5.18 203.73 Toledo El. -0.04 3.62 142.36 -0.26 3.45 135.95 MID SD CRN 0.70 4.41 1/4 HI SD CRN 0.70 4.41 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.3009 up 0.0018 Chicago soybeans closed moderately higher to higher. AUG16 HI 11.81 1/2 NOV16 HI 11.60 3/4 LOW 11.20 1/2 LOW 10.92 CLOSE11.74 1/4 Up 33 3/4 CLOSE 11.53 1/4 Up 40 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV16 CK Low 2.75 14.49 532.512.50 14.03 515.61 CK High 2.84 14.58 535.822.60 14.13 519.28 CK Average 2.77 -0.5314.52 533.372.55 -0.6714.08 517.44 Essex Cty 2.75 14.49 532.512.55 14.08 517.44 Mdsx Low 2.73 14.47 531.772.53 14.06 516.71 Mdsx High 2.75 14.49 532.512.55 14.08 517.44 Mdsx Average 2.74 -0.5614.48 532.142.54 -0.6814.07 517.08 Hensall 2.75 14.49 532.512.58 14.11 518.36 Bruce 2.75 14.49 532.512.55 14.08 517.44 Putnam 2.75 14.49 532.512.55 14.08 517.44 Burford 2.76 14.50 532.882.56 14.09 517.81 Port Perry 2.73 14.47 531.772.53 14.06 516.71 Norfolk 2.75 14.49 532.512.55 14.08 517.44 Palmerston 2.75 14.49 532.512.55 14.08 517.44 Varna 2.75 14.49 532.512.60 14.13 519.28 Trenton 2.84 14.58 535.822.50 14.03 515.61 Winchester 2.30 14.04 515.972.57 14.10 518.18 North Gower 2.60 14.34 527.002.69 14.22 522.59 Huron FOB 2.85 14.59 536.182.70 14.23 522.95 Kent FOB 2.85 14.59 536.182.65 14.18 521.12 Lambton FOB 2.80 14.54 534.352.75 14.28 524.79 Middlesex FOB2.84 3.10 3.10 N/A 14.58 535.822.67 14.20 521.85 PROCESSORS Hamilton N/A 3.45 3.04 N/A 3.04 14.57 535.45 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 1.85 13.59 499.443.00 14.53 533.98 Toledo El. -0.14 11.60 426.23-0.41 11.12 408.50 Bank of Canada Noon exchange rate was 1.3009 up 0.0018 Chicago wheat closed narrowly mixed. SEP16 HI 4.53 1/2 JUL17 HI 5.08 1/4 LOW 4.36 LOW 4.95 1/4 CLOSE 4.45 1/2 Up 1 CLOSE 5.02 Down 1/2 Minni wheat closed slightly higher. SEP16 HI 5.11 3/4 SEP17 HI 5.66 LOW 5.03 LOW 5.60 CLOSE 5.08 1/4 Up 2 1/4 CLOSE 5.63 1/2 Up 2 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.54 0.47 0.47 0.72 CAD $/bu 4.99 4.93 4.93 5.81 CAD $/tonne 183.46 181.08 181.08 213.32 Direct MarkHarvest 2016 Harvest 2017 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 0.13 0.25 N/A N/A N/A 0.35 N/A London 0.40 0.14 0.20 N/A 0.50 0.43 0.37 N/A Hensall 0.45 N/A 0.25 N/A 0.50 N/A 0.40 N/A Trenton N/A N/A 0.30 N/A N/A N/A N/A N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A 0.20 N/A N/A N/A 0.22 N/A Norwich 0.45 N/A 0.25 N/A 0.50 N/A 0.40 N/A Port Hope N/A 0.30 0.35 0.40 N/A 0.35 0.40 N/A Kent Bridge 0.45 N/A 0.25 N/A 0.50 N/A 0.30 N/A Chatham N/A 0.12 0.22 N/A N/A N/A 0.35 N/A Brigden N/A N/A 0.22 N/A N/A N/A 0.35 N/A Palmerston N/A 0.31 0.36 1.00 N/A 0.50 0.60 N/A Varna 0.31 0.11 0.11 N/A 0.45 0.40 0.25 N/A Mitchell 0.45 0.10 0.25 N/A 0.60 0.35 0.30 N/A Thornton N/A N/A N/A -0.17 N/A N/A N/A N/A North Gower N/A 0.23 0.38 0.63 N/A N/A N/A N/A TERMINAL Prescott N/A 0.61 0.61 1.25 N/A 0.60 0.65 N/A PROCESSORS Toledo FM 1.57 N/A 1.19 N/A N/A N/A 1.49 N/A Toledo El. 4.32US 5.59CA 4.82US 6.25CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.97 0.91 0.39 CAD $/bu 5.99 5.93 5.41 CAD $/tonne 220.12 217.74 198.68 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 606.06 DDG's FOB Srn & Aylm 230.00 - 235.00