<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 8</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3502 down 0.0012</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL17 HI 3.91 3/4 DEC17 HI 4.09</u></div>
<div><u> LOW 3.84 1/4 LOW 4.02</u></div>
<div><u> CLOSE3.85 3/4 Up 1 CLOSE 4.03 3/4 Up 1 1/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +SEP17+SEP17+DEC17</u></div>
<div><u>CK Low 0.75 4.61 181.39 0.95 4.99 196.35</u></div>
<div><u>CK High 0.80 4.66 183.36 1.00 5.04 198.32</u></div>
<div><u>CK Avg 0.76 -0.44 4.62 181.72 0.96 -0.34 5.00 196.74</u></div>
<div><u>Essex Cty 0.65 4.51 177.45 1.00 5.04 198.32</u></div>
<div><u>Mdsx Low 0.75 4.61 181.39 0.95 4.99 196.35</u></div>
<div><u>Mdsx High 0.75 4.61 181.39 0.95 4.99 196.35</u></div>
<div><u>Mdsx Avg 0.75 -0.44 4.61 181.39 0.95 -0.34 4.99 196.35</u></div>
<div><u>Hensall 0.78 4.63 182.37 0.95 4.99 196.35</u></div>
<div><u>Bruce 0.75 4.61 181.39 1.00 5.04 198.32</u></div>
<div><u>Putnam 0.75 4.61 181.39 0.95 4.99 196.35</u></div>
<div><u>Burford 0.75 4.61 181.39 1.00 5.04 198.32</u></div>
<div><u>Port Perry 1.00 4.86 191.23 1.00 5.04 198.32</u></div>
<div><u>Norfolk 0.85 4.71 185.33 1.06 5.10 200.68</u></div>
<div><u>Palmerston 0.80 4.66 183.36 1.00 5.04 198.32</u></div>
<div><u>Varna 0.80 4.66 183.36 0.95 4.99 196.35</u></div>
<div><u>Trenton 1.15 5.01 197.14 1.00 5.04 198.32</u></div>
<div><u>Winchester 1.20 5.06 199.10 1.20 5.24 206.19</u></div>
<div><u>North Gower 1.18 5.04 198.32 1.17 5.21 205.01</u></div>
<div><u>Huron FOB 1.17 5.03 197.92 1.00 5.04 198.32</u></div>
<div><u>Kent FOB 1.05 4.91 193.20 0.96 5.00 196.74</u></div>
<div><u>Lamb FOB 1.05 4.91 193.20 1.10 5.14 202.25</u></div>
<div><u>Mdsx FOB 1.05 1.05 1.10N/A 4.91 193.20 1.00 5.04 198.32</u></div>
<div><u>FOB SW Que 1.57 5.43 213.67N/A</u></div>
<div><u>Track 1.26 5.12 201.47N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.42 1.22 5.26 206.98</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A N/A 1.35 1.40 1.10 5.14 202.25</u></div>
<div><u>Sarn-Eth 1.25 1.25 1.30 1.30 5.11 201.07N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A 1.35 5.39 212.10</u></div>
<div><u>London-Ing N/A N/A 1.45 1.50 1.15 5.19 204.22</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.25 5.29 208.16</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 1.60 1.30 5.34 210.13</u></div>
<div><u>W O Feed 1.45 5.31 208.95</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.71 5.57 219.18</u></div>
<div><u>Toledo El. -0.05 3.80 149.74 -0.34 3.70 145.66</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 0.78 4.64 182.57 0.95 4.99196 1/3</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.97 1/2 5.01 1/4</u></div>
<div><u>HI SD CRN 1.00 5.03 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3502 down 0.0012</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL17 HI 9.44 3/4 NOV17 HI 9.50 3/4</u></div>
<div><u> LOW 9.30 3/4 LOW 9.35 3/4</u></div>
<div><u> CLOSE9.38 Up 7 1/4 CLOSE 9.43 3/4 Up 8</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +JUL1+NOV1+NOV17</u></div>
<div><u>CK Low 2.65 12.03 442.032.30 11.74 431.28</u></div>
<div><u>CK High 2.80 12.18 447.542.45 11.89 436.79</u></div>
<div><u>CK Average 2.72 -0.4212.10 444.662.39 -0.6811.83 434.65</u></div>
<div><u>Essex Cty 2.65 12.03 442.032.25 11.69 429.44</u></div>
<div><u>Mdsx Low 2.73 12.11 444.972.40 11.84 434.95</u></div>
<div><u>Mdsx High 2.75 12.13 445.702.45 11.89 436.79</u></div>
<div><u>Mdsx Average 2.74 -0.4012.12 445.332.43 -0.6511.86 435.87</u></div>
<div><u>Hensall 2.75 12.13 445.702.40 11.84 434.95</u></div>
<div><u>Bruce 2.75 12.13 445.702.40 11.84 434.95</u></div>
<div><u>Putnam 2.80 12.18 447.542.40 11.84 434.95</u></div>
<div><u>Burford 2.80 12.18 447.542.52 11.96 439.36</u></div>
<div><u>Port Perry 2.73 12.11 444.972.45 11.89 436.79</u></div>
<div><u>Norfolk 2.80 12.18 447.542.50 11.94 438.63</u></div>
<div><u>Palmerston 2.70 12.08 443.862.40 11.84 434.95</u></div>
<div><u>Varna 2.75 12.13 445.702.40 11.84 434.95</u></div>
<div><u>Trenton 2.75 12.13 445.702.40 11.84 434.95</u></div>
<div><u>Winchester 2.70 12.08 443.862.75 12.19 447.81</u></div>
<div><u>North Gower 2.53 11.91 437.622.62 12.06 443.04</u></div>
<div><u>Huron FOB 2.90 12.28 451.212.50 11.94 438.63</u></div>
<div><u>Kent FOB 2.83 12.21 448.642.35 11.79 433.12</u></div>
<div><u>Lambton FOB 2.80 12.18 447.542.70 12.14 445.98</u></div>
<div><u>Middlesex FOB2.97 2.97 N/A N/A 12.35 453.782.62 12.06 443.04</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.22 3.15 N/A N/A 12.60 462.972.95 12.39 455.16</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.73 12.11 444.972.87 12.31 452.22</u></div>
<div><u>Sarnia N/A 2.83 12.27 450.75</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.27 9.11 334.73-0.57 8.87 325.93</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3502 down 0.0012</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>JUL17 HI 4.55 3/4 JUL17 HI 4.55 3/4</u></div>
<div><u> LOW 4.46 LOW 4.46</u></div>
<div><u> CLOSE 4.49 1/4 Up 4 1/2 CLOSE 4.49 1/4 Up 4 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>JUL17 HI 6.17 3/4 SEP17 HI 6.20 3/4</u></div>
<div><u> LOW 5.94 1/2 LOW 5.98 3/4</u></div>
<div><u> CLOSE 6.04 1/4 Up 8 3/4 CLOSE 6.08 1/2 Up 9 1/2</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.63 0.63 0.63 0.43</u></div>
<div><u>CAD $/bu 5.12 5.12 5.12 6.47</u></div>
<div><u>CAD $/tonne 188.13 188.13 188.13 237.74</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2016 Harvest 2017</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A 0.85 N/A N/A N/A 0.90 N/A</u></div>
<div><u>London 0.76 0.70 0.70 N/A 1.07 0.94 0.94 N/A</u></div>
<div><u>Hensall 0.95 N/A 0.85 N/A 1.10 N/A 0.90 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 0.95 N/A 0.85 0.45 1.10 0.90 0.90 0.65</u></div>
<div><u>Essex N/A N/A 0.62 N/A N/A N/A 0.81 N/A</u></div>
<div><u>Norwich 0.95 N/A 0.85 N/A 1.10 N/A 0.90 N/A</u></div>
<div><u>Port Hope N/A N/A 0.85 N/A N/A 0.90 1.00 N/A</u></div>
<div><u>Kent Bridge 0.95 N/A 0.85 N/A 1.10 N/A 0.90 N/A</u></div>
<div><u>Chatham N/A N/A 0.85 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Brigden N/A N/A 0.85 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Palmerston N/A 0.75 0.80 0.45 N/A 0.90 0.90 0.60</u></div>
<div><u>Varna 0.90 0.85 0.80 N/A 1.20 0.90 0.90 N/A</u></div>
<div><u>Mitchell 0.95 0.85 0.85 N/A 1.10 0.90 0.90 N/A</u></div>
<div><u>Thornton N/A N/A N/A -0.18 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.52 0.52 0.20 N/A 1.33 1.33 0.59</u></div>
<div><u>W O Feed 1.54</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia 1.25 N/A 1.15 N/A 1.43 N/A 1.33 N/A</u></div>
<div><u>Prescott N/A N/A N/A N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.51N/A N/A N/A 1.37N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.39US 5.93CA 4.39US 5.93CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.37 1.30 1.30 0.71</u></div>
<div><u>CAD $/bu 5.86 5.80 5.80 6.80</u></div>
<div><u>CAD $/tonne 215.42 212.94 212.94 249.77</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 447.66</u></div>
<div><u>DDG's FOB Srn & Aylm 175.00 - 180.00</u></div>
<div><u><br>
</u></div>
<u><br>
</u>
<p></p>
<p><u><span id="ms-rterangepaste-start"></span></u></p>
<p class="MsoNormal"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Editor, AgriLink and Farm Market News<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">University of Guelph, Ridgetown Campus<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">Tel.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1500"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1500</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1530</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#333333;background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p></o:p></span></span></p>
<span id="ms-rterangepaste-end"></span><br>
<p></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size: 12pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: Calibri, Arial, Helvetica, sans-serif, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;">
<p></p>
<div><u><br>
</u></div>
<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<u><br>
</u>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>