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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 21</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3289 up 0.0010</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL17 HI 3.73 1/2 DEC17 HI 3.91 1/4</u></div>
<div><u> LOW 3.68 1/4 LOW 3.86</u></div>
<div><u> CLOSE3.68 3/4 Down 1 1/4 CLOSE 3.86 3/4 Down 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 4.44 174.70 0.80 4.67 183.75</u></div>
<div><u>CK High 0.90 4.59 180.60 0.95 4.82 189.66</u></div>
<div><u>CK Avg 0.78 -0.33 4.46 175.68 0.86 -0.31 4.73 186.05</u></div>
<div><u>Essex Cty 0.70 4.39 172.73 0.80 4.67 183.75</u></div>
<div><u>Mdsx Low 0.75 4.44 174.70 0.85 4.72 185.72</u></div>
<div><u>Mdsx High 0.75 4.44 174.70 0.85 4.72 185.72</u></div>
<div><u>Mdsx Avg 0.75 -0.35 4.44 174.70 0.85 -0.32 4.72 185.72</u></div>
<div><u>Hensall 0.80 4.49 176.67 0.88 4.74 186.70</u></div>
<div><u>Bruce 0.80 4.49 176.67 1.00 4.87 191.63</u></div>
<div><u>Putnam 0.75 4.44 174.70 0.85 4.72 185.72</u></div>
<div><u>Burford 0.75 4.44 174.70 0.95 4.82 189.66</u></div>
<div><u>Port Perry 1.00 4.69 184.54 0.95 4.82 189.66</u></div>
<div><u>Norfolk 0.85 4.54 178.63 0.95 4.82 189.66</u></div>
<div><u>Palmerston 0.90 4.59 180.60 0.80 4.67 183.75</u></div>
<div><u>Varna 0.85 4.54 178.63 0.90 4.77 187.69</u></div>
<div><u>Trenton 1.20 4.89 192.41 1.00 4.87 191.63</u></div>
<div><u>Winchester 1.20 4.89 192.41 1.20 5.07 199.50</u></div>
<div><u>North Gower 1.11 4.80 188.87 1.13 5.00 196.74</u></div>
<div><u>Huron FOB 1.15 4.84 190.44 0.98 4.85 190.84</u></div>
<div><u>Kent FOB 1.05 4.74 186.51 0.85 4.72 185.72</u></div>
<div><u>Lamb FOB 1.00 4.69 184.54 0.85 4.72 185.72</u></div>
<div><u>Mdsx FOB 1.00 0.95 1.00N/A 4.69 184.54 0.95 4.82 189.66</u></div>
<div><u>FOB SW Que 1.55 5.24 206.19N/A</u></div>
<div><u>Track 1.25 4.94 194.38N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.32 1.10 4.97 195.56</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 1.25 1.30 1.10 4.97 195.56</u></div>
<div><u>Sarn-Eth 1.20 1.20 1.25 1.25 4.89 192.41N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A 1.35 5.22 205.40</u></div>
<div><u>London-Ing N/A N/A N/A 1.38 1.20 5.07 199.50</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.20 5.07 199.50</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 1.55 1.30 5.17 203.44</u></div>
<div><u>W O Feed 1.41 5.10 200.84</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.48 5.17 203.44</u></div>
<div><u>Toledo El. -0.05 3.63 143.08 -0.33 3.54 139.18</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 0.78 4.47 175.88 0.95 4.82189 2/3</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.87 1/2 4.74 1/4</u></div>
<div><u>HI SD CRN 0.95 4.81 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 1.3289 up 0.0010</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL17 HI 9.32 1/2 NOV17 HI 9.42 3/4</u></div>
<div><u> LOW 9.17 LOW 9.26 1/4</u></div>
<div><u> CLOSE9.18 3/4 Down 9 CLOSE 9.27 3/4 Down 11</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+AUG1+NOV17</u></div>
<div><u>CK Low 2.50 11.69 429.442.10 11.38 418.05</u></div>
<div><u>CK High 2.56 11.75 431.652.25 11.53 423.56</u></div>
<div><u>CK Average 2.53 -0.3711.71 430.422.17 -0.6611.45 420.62</u></div>
<div><u>Essex Cty 2.50 11.69 429.442.10 11.38 418.05</u></div>
<div><u>Mdsx Low 2.55 11.74 431.282.17 11.45 420.62</u></div>
<div><u>Mdsx High 2.56 11.75 431.652.20 11.48 421.73</u></div>
<div><u>Mdsx Average 2.56 -0.3511.74 431.462.19 -0.6511.46 421.17</u></div>
<div><u>Hensall 2.58 11.76 432.202.23 11.50 422.64</u></div>
<div><u>Bruce 2.55 11.74 431.282.20 11.48 421.73</u></div>
<div><u>Putnam 2.55 11.74 431.282.20 11.48 421.73</u></div>
<div><u>Burford 2.63 11.82 434.222.24 11.52 423.20</u></div>
<div><u>Port Perry 2.56 11.75 431.652.17 11.45 420.62</u></div>
<div><u>Norfolk 2.60 11.79 433.122.25 11.53 423.56</u></div>
<div><u>Palmerston 2.50 11.69 429.442.15 11.43 419.89</u></div>
<div><u>Varna 2.60 11.79 433.122.25 11.53 423.56</u></div>
<div><u>Trenton 2.55 11.74 431.282.25 11.53 423.56</u></div>
<div><u>Winchester 2.40 11.59 425.772.70 11.98 440.10</u></div>
<div><u>North Gower 2.38 11.57 425.032.46 11.74 431.28</u></div>
<div><u>Huron FOB 2.75 11.94 438.632.35 11.63 427.24</u></div>
<div><u>Kent FOB 2.70 11.89 436.792.20 11.48 421.73</u></div>
<div><u>Lambton FOB 2.60 11.79 433.122.35 11.63 427.24</u></div>
<div><u>Middlesex FOB2.77 2.73 N/A N/A 11.96 439.362.40 11.68 429.07</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.07 3.00 2.95 N/A 12.26 450.392.75 12.03 441.93</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.50 11.69 429.442.66 11.94 438.63</u></div>
<div><u>Sarnia 2.24 11.43 419.892.63 11.91 437.53</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.20 8.99 330.26-0.60 8.68 318.92</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3289 up 0.0010</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>JUL17 HI 4.73 3/4 JUL17 HI 4.73 3/4</u></div>
<div><u> LOW 4.63 1/2 LOW 4.63 1/2</u></div>
<div><u> CLOSE 4.64 1/2 Down 8 CLOSE 4.64 1/2 Down 8</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>JUL17 HI 6.60 SEP17 HI 6.63 1/2</u></div>
<div><u> LOW 6.47 LOW 6.51</u></div>
<div><u> CLOSE 6.48 3/4 Down 7 1/2 CLOSE 6.52 1/2 Down 6 3/4</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 0.60 0.60 0.60 0.47</u></div>
<div><u>CAD $/bu 5.24 5.24 5.24 6.96</u></div>
<div><u>CAD $/tonne 192.63 192.63 192.63 255.74</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 1.05 N/A</u></div>
<div><u>London 0.93 0.80 0.93 N/A 1.20 1.00 0.93 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 0.75 0.85 N/A 1.10 0.90 0.90 0.41</u></div>
<div><u>Essex N/A N/A 0.87 N/A N/A N/A 0.87 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 N/A N/A N/A 0.95 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 0.80 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Brigden N/A N/A 0.80 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Palmerston N/A 0.75 0.90 0.45 N/A 0.90 0.90 0.60</u></div>
<div><u>Varna 1.00 0.95 0.90 N/A 1.25 0.95 0.95 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 0.02 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.52 0.52 0.29 N/A 1.33 1.33 0.67</u></div>
<div><u>W O Feed 1.53</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia 1.52 N/A 1.34 N/A 1.49 N/A 1.40 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 1.46N/A N/A N/A 1.46N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.55US 6.04CA 4.55US 6.04CA</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 1.33 1.26 1.26 0.75</u></div>
<div><u>CAD $/bu 5.97 5.91 5.91 7.28</u></div>
<div><u>CAD $/tonne 219.49 217.04 217.04 267.34</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 447.44</u></div>
<div><u>DDG's FOB Srn & Aylm 170.00 - 175.00</u></div>
<div><br>
</div>
<div>
<p class="MsoNormal"><span style="font-size:10.0pt;line-height:115%;font-family:
"Courier New";color:#333333;background:#FDFDFD">Blair Andrews</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><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); text-decoration-line: none;">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:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333;background:#FDFDFD">x
63577<span class="apple-converted-space"> </span></span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><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); text-decoration-line: none;">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:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333"><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:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> to
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<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>
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