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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, June 27</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3148 down 0.0082</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL17 HI 3.64 1/4 DEC17 HI 3.82</u></div>
<div><u> LOW 3.59 1/4 LOW 3.77 1/4</u></div>
<div><u> CLOSE3.59 1/4 Up 1/4 CLOSE 3.77 1/2 Up 1/2</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 4.34 170.96 0.80 4.58 180.11</u></div>
<div><u>CK High 0.90 4.49 176.86 0.95 4.73 186.02</u></div>
<div><u>CK Avg 0.78 -0.27 4.37 171.94 0.86 -0.25 4.63 182.41</u></div>
<div><u>Essex Cty 0.70 4.29 168.99 0.80 4.58 180.11</u></div>
<div><u>Mdsx Low 0.75 4.34 170.96 0.85 4.63 182.08</u></div>
<div><u>Mdsx High 0.75 4.34 170.96 0.85 4.63 182.08</u></div>
<div><u>Mdsx Avg 0.75 -0.29 4.34 170.96 0.85 -0.26 4.63 182.08</u></div>
<div><u>Hensall 0.80 4.39 172.93 0.88 4.65 183.06</u></div>
<div><u>Bruce 0.80 4.39 172.93 1.00 4.78 187.98</u></div>
<div><u>Putnam 0.75 4.34 170.96 0.85 4.63 182.08</u></div>
<div><u>Burford 0.75 4.34 170.96 0.95 4.73 186.02</u></div>
<div><u>Port Perry 1.00 4.59 180.80 0.95 4.73 186.02</u></div>
<div><u>Norfolk 0.85 4.44 174.89 0.95 4.73 186.02</u></div>
<div><u>Palmerston 0.90 4.49 176.86 0.80 4.58 180.11</u></div>
<div><u>Varna 0.85 4.44 174.89 0.90 4.68 184.05</u></div>
<div><u>Trenton 1.20 4.79 188.67 1.00 4.78 187.98</u></div>
<div><u>Winchester 1.29 4.88 192.22 1.15 4.93 193.89</u></div>
<div><u>North Gower 1.11 4.70 185.13 1.13 4.91 193.10</u></div>
<div><u>Huron FOB 1.15 4.74 186.70 0.98 4.76 187.20</u></div>
<div><u>Kent FOB 1.05 4.64 182.77 0.85 4.63 182.08</u></div>
<div><u>Lamb FOB 1.00 4.59 180.80 0.85 4.63 182.08</u></div>
<div><u>Mdsx FOB 1.00 0.95 1.00N/A 4.59 180.80 0.95 4.73 186.02</u></div>
<div><u>FOB SW Que 1.68 5.27 207.57N/A</u></div>
<div><u>Track 1.25 4.84 190.64N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.32 1.10 4.88 191.92</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 4.88 191.92</u></div>
<div><u>Sarn-Eth 1.20 1.20 1.25 1.25 4.79 188.67N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A 1.35 5.13 201.76</u></div>
<div><u>London-Ing N/A N/A N/A 1.33 1.20 4.98 195.86</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.20 4.98 195.86</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 1.55 1.30 5.08 199.79</u></div>
<div><u>W O Feed 1.40 5.00 196.70</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.43 5.02 197.73</u></div>
<div><u>Toledo El. -0.05 3.54 139.36 -0.33 3.45 135.66</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 0.78 4.37 172.14 0.95 4.73186</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.87 1/2 4.65</u></div>
<div><u>HI SD CRN 0.95 4.72 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3148 down 0.0082</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL17 HI 9.18 NOV17 HI 9.25</u></div>
<div><u> LOW 9.09 LOW 9.15</u></div>
<div><u> CLOSE9.11 1/4 Up 4 1/2 CLOSE 9.17 1/2 Up 3 3/4</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 2.40 11.51 423.012.00 11.18 410.61</u></div>
<div><u>CK High 2.50 11.61 426.692.20 11.38 417.96</u></div>
<div><u>CK Average 2.44 -0.3311.55 424.482.10 -0.6111.28 414.41</u></div>
<div><u>Essex Cty 2.50 11.61 426.692.10 11.28 414.29</u></div>
<div><u>Mdsx Low 2.44 11.55 424.482.10 11.28 414.29</u></div>
<div><u>Mdsx High 2.45 11.56 424.852.12 11.30 415.02</u></div>
<div><u>Mdsx Average 2.45 -0.3211.56 424.672.11 -0.6011.29 414.65</u></div>
<div><u>Hensall 2.53 11.64 427.602.18 11.35 417.04</u></div>
<div><u>Bruce 2.45 11.56 424.852.10 11.28 414.29</u></div>
<div><u>Putnam 2.55 11.66 428.522.20 11.38 417.96</u></div>
<div><u>Burford 2.51 11.62 427.052.19 11.37 417.59</u></div>
<div><u>Port Perry 2.44 11.55 424.482.12 11.30 415.02</u></div>
<div><u>Norfolk 2.45 11.56 424.852.15 11.33 416.12</u></div>
<div><u>Palmerston 2.50 11.61 426.692.15 11.33 416.12</u></div>
<div><u>Varna 2.60 11.71 430.362.25 11.43 419.80</u></div>
<div><u>Trenton 2.55 11.66 428.522.25 11.43 419.80</u></div>
<div><u>Winchester 2.25 11.36 417.502.30 11.48 421.63</u></div>
<div><u>North Gower 2.36 11.47 421.542.49 11.67 428.62</u></div>
<div><u>Huron FOB 2.75 11.86 435.872.35 11.53 423.47</u></div>
<div><u>Kent FOB 2.50 11.61 426.692.10 11.28 414.29</u></div>
<div><u>Lambton FOB 2.55 11.66 428.522.25 11.43 419.80</u></div>
<div><u>Middlesex FOB2.59 2.59 N/A N/A 11.70 429.992.29 11.47 421.27</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 2.93 2.86 2.80 N/A 12.04 442.492.60 11.78 432.66</u></div>
<div><u> </u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.40 11.51 423.012.55 11.73 430.82</u></div>
<div><u>Sarnia 2.24 11.35 417.132.63 11.81 433.76</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.17 8.94 328.55-0.63 8.54 313.91</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3148 down 0.0082</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>SEP17 HI 4.72 1/2 JUL18 HI 5.26 1/2</u></div>
<div><u> LOW 4.65 LOW 5.20 1/2</u></div>
<div><u> CLOSE 4.69 Up 3 1/2 CLOSE 5.22 1/2 Up 1 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher to higher.</u></div>
<div><u>SEP17 HI 6.93 SEP18 HI 6.26 1/2</u></div>
<div><u> LOW 6.71 1/2 LOW 6.17</u></div>
<div><u> CLOSE 6.86 Up 17 1/4 CLOSE 6.25 3/4 Up 6 1/2</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 1.15 1.08 1.08 0.65</u></div>
<div><u>CAD $/bu 5.84 5.77 5.77 7.51</u></div>
<div><u>CAD $/tonne 214.49 212.08 212.08 275.84</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2017 Harvest 2018</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 0.74 N/A N/A N/A 0.85 N/A</u></div>
<div><u>London 0.95 0.75 0.68 N/A 0.67 0.73 0.73 N/A</u></div>
<div><u>Hensall 0.94 N/A 0.74 N/A 1.10 N/A 0.85 N/A</u></div>
<div><u>Trenton N/A N/A 0.89 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Bruce 0.94 0.74 0.74 0.41 1.10 0.90 0.85 0.60</u></div>
<div><u>Essex N/A N/A 0.72 N/A N/A N/A 0.65 N/A</u></div>
<div><u>Norwich 0.94 N/A 0.74 N/A 1.10 N/A 0.85 N/A</u></div>
<div><u>Port Hope N/A 0.79 0.84 N/A N/A 0.80 0.85 N/A</u></div>
<div><u>Kent Bridge 0.94 N/A 0.74 N/A 1.10 N/A 0.85 N/A</u></div>
<div><u>Chatham N/A N/A 0.74 N/A N/A N/A 0.80 N/A</u></div>
<div><u>Brigden N/A N/A 0.74 N/A N/A N/A 0.80 N/A</u></div>
<div><u>Palmerston N/A 0.74 0.74 0.60 N/A 0.93 0.90 0.60</u></div>
<div><u>Varna 1.09 0.79 0.79 N/A 1.10 0.85 0.90 N/A</u></div>
<div><u>Mitchell 0.94 0.74 0.74 N/A 1.10 0.80 0.85 N/A</u></div>
<div><u>Thornton N/A N/A N/A -0.30 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.01 1.01 0.54 N/A N/A N/A N/A</u></div>
<div><u>W O Feed 1.37</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia 1.34 N/A 1.25 N/A 1.02 N/A 1.12 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 1.20N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.43US 5.82CA 5.08US 6.68CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.99 0.93 0.93</u></div>
<div><u>CAD $/bu 6.22 6.15 6.15</u></div>
<div><u>CAD $/tonne 228.50 226.08 226.08</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 443.14</u></div>
<div><u>DDG's FOB Srn & Aylm 170.00</u></div>
<div><br>
</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%;
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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
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