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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, July 3</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.299 up 0.0037</u></div>
<div><u>Chicago corn closed moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP17 HI 3.96 DEC17 HI 4.07</u></div>
<div><u> LOW 3.83 1/4 LOW 3.94 1/4</u></div>
<div><u> CLOSE3.88 1/2 Up 7 1/2 CLOSE 3.99 1/4 Up 7 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+DEC17+DEC17</u></div>
<div><u>CK Low 0.65 4.54 178.54 0.75 4.74 186.70</u></div>
<div><u>CK High 0.85 4.74 186.41 0.85 4.84 190.64</u></div>
<div><u>CK Avg 0.70 -0.36 4.59 180.50 0.78 -0.30 4.78 188.02</u></div>
<div><u>Essex Cty 0.70 4.59 180.50 0.85 4.84 190.64</u></div>
<div><u>Mdsx Low 0.65 4.54 178.54 0.75 4.74 186.70</u></div>
<div><u>Mdsx High 0.65 4.54 178.54 0.75 4.74 186.70</u></div>
<div><u>Mdsx Avg 0.65 -0.39 4.54 178.54 0.75 -0.33 4.74 186.70</u></div>
<div><u>Hensall 0.68 4.56 179.52 0.78 4.77 187.69</u></div>
<div><u>Bruce 0.80 4.69 184.44 1.00 4.99 196.55</u></div>
<div><u>Putnam 0.65 4.54 178.54 0.75 4.74 186.70</u></div>
<div><u>Burford 0.65 4.54 178.54 0.85 4.84 190.64</u></div>
<div><u>Port Perry 0.90 4.79 188.38 0.85 4.84 190.64</u></div>
<div><u>Norfolk 0.75 4.64 182.47 0.85 4.84 190.64</u></div>
<div><u>Palmerston 0.85 4.74 186.41 0.85 4.84 190.64</u></div>
<div><u>Varna 0.70 4.59 180.50 0.80 4.79 188.67</u></div>
<div><u>Trenton 1.10 4.99 196.25 0.90 4.89 192.61</u></div>
<div><u>Winchester 1.09 4.98 195.86 1.13 5.12 201.66</u></div>
<div><u>North Gower 1.11 5.00 196.64 1.13 5.12 201.66</u></div>
<div><u>Huron FOB 0.95 4.84 190.35 0.90 4.89 192.61</u></div>
<div><u>Kent FOB 0.90 4.79 188.38 0.75 4.74 186.70</u></div>
<div><u>Lamb FOB 0.90 4.79 188.38 0.75 4.74 186.70</u></div>
<div><u>Mdsx FOB 0.95 0.95N/A N/A 4.84 190.35 0.90 4.89 192.61</u></div>
<div><u>FOB SW Que N/A N/A</u></div>
<div><u>Track 1.18 5.06 199.20N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.30 1.10 5.09 200.48</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A 1.15 1.15N/A 1.00 4.99 196.55</u></div>
<div><u>Sarn-Eth 1.05 1.15 1.10N/A 4.94 194.28N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A 1.15 5.14 202.45</u></div>
<div><u>London-Ing N/A N/A 1.20 1.32 1.15 5.14 202.45</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.15 5.14 202.45</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 1.60 1.30 5.29 208.36</u></div>
<div><u>W O Feed 1.27 5.16 202.94</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.36 5.25 206.49</u></div>
<div><u>Toledo El. -0.10 3.78 148.85 -0.32 3.67 144.43</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 0.68 4.57 179.72 0.95 4.94194 4/7</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.80 4.79 1/4</u></div>
<div><u>HI SD CRN 0.85 4.84 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.299 up 0.0037</u></div>
<div><u>Chicago soybeans closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> AUG17 HI 9.80 3/4 NOV17 HI 9.91 1/2</u></div>
<div><u> LOW 9.55 LOW 9.63</u></div>
<div><u> CLOSE9.70 Up 23 CLOSE 9.80 3/4 Up 26</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 +AUG1+NOV1+NOV17</u></div>
<div><u>CK Low 2.25 11.95 439.091.90 11.71 430.18</u></div>
<div><u>CK High 2.33 12.03 442.032.03 11.84 434.95</u></div>
<div><u>CK Average 2.29 -0.4711.99 440.501.96 -0.7211.77 432.50</u></div>
<div><u>Essex Cty 2.30 12.00 440.921.85 11.66 428.34</u></div>
<div><u>Mdsx Low 2.33 12.03 442.032.00 11.81 433.85</u></div>
<div><u>Mdsx High 2.35 12.05 442.762.03 11.84 434.95</u></div>
<div><u>Mdsx Average 2.34 -0.4312.04 442.392.02 -0.6811.82 434.40</u></div>
<div><u>Hensall 2.30 12.00 440.922.03 11.83 434.77</u></div>
<div><u>Bruce 2.35 12.05 442.762.00 11.81 433.85</u></div>
<div><u>Putnam N/A 2.20 12.01 441.20</u></div>
<div><u>Burford 2.40 12.10 444.602.10 11.91 437.53</u></div>
<div><u>Port Perry 2.33 12.03 442.032.03 11.84 434.95</u></div>
<div><u>Norfolk 2.30 12.00 440.922.05 11.86 435.69</u></div>
<div><u>Palmerston 2.35 12.05 442.762.00 11.81 433.85</u></div>
<div><u>Varna 2.25 11.95 439.092.05 11.86 435.69</u></div>
<div><u>Trenton 2.35 12.05 442.762.00 11.81 433.85</u></div>
<div><u>Winchester 2.14 11.84 435.052.70 12.51 459.57</u></div>
<div><u>North Gower 2.10 11.80 433.582.25 12.06 443.04</u></div>
<div><u>Huron FOB 2.40 12.10 444.602.15 11.96 439.36</u></div>
<div><u>Kent FOB 2.35 12.05 442.762.00 11.81 433.85</u></div>
<div><u>Lambton FOB 2.35 12.05 442.762.05 11.86 435.69</u></div>
<div><u>Middlesex FOB2.42 2.42 N/A N/A 12.12 445.332.23 12.04 442.30</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 2.70 2.70 N/A 2.50 12.40 455.622.50 12.31 452.22</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.26 11.96 439.452.39 12.20 448.18</u></div>
<div><u>Sarnia 2.16 11.86 435.782.33 12.14 445.98</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.21 9.49 348.78-0.62 9.19 337.53</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.299 up 0.0037</u></div>
<div><u>Chicago wheat closed higher.</u></div>
<div><u>SEP17 HI 5.56 JUL18 HI 5.97</u></div>
<div><u> LOW 5.33 1/2 LOW 5.69</u></div>
<div><u> CLOSE 5.55 Up 29 CLOSE 5.96 Up 25 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately to sharply higher.</u></div>
<div><u>SEP17 HI 8.23 SEP18 HI 6.85 3/4</u></div>
<div><u> LOW 7.91 1/4 LOW 6.63 1/2</u></div>
<div><u> CLOSE 8.16 Up 44 1/4 CLOSE 6.77 Up 13 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 1.33 1.27 1.27 0.95</u></div>
<div><u>CAD $/bu 6.88 6.82 6.82 9.11</u></div>
<div><u>CAD $/tonne 252.98 250.59 250.59 334.60</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 0.70 N/A N/A N/A 0.80 N/A</u></div>
<div><u>London 1.15 1.02 0.76 N/A 0.86 0.86 0.86 N/A</u></div>
<div><u>Hensall 0.90 N/A 0.70 N/A 1.00 N/A 0.80 N/A</u></div>
<div><u>Trenton N/A N/A 0.85 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Bruce 0.90 0.75 0.70 0.41 1.00 0.90 0.80 0.60</u></div>
<div><u>Essex N/A N/A 0.72 N/A N/A N/A 0.60 N/A</u></div>
<div><u>Norwich 0.90 N/A 0.70 N/A 1.00 N/A 0.80 N/A</u></div>
<div><u>Port Hope N/A 0.75 0.80 N/A N/A 0.75 0.80 N/A</u></div>
<div><u>Kent Bridge 0.90 N/A 0.70 N/A 1.00 N/A 0.80 N/A</u></div>
<div><u>Chatham N/A N/A 0.75 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Brigden N/A N/A 0.75 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Palmerston N/A 0.75 0.75 0.40 N/A 0.93 0.80 0.60</u></div>
<div><u>Varna 1.00 0.70 0.70 N/A 1.00 0.75 0.80 N/A</u></div>
<div><u>Mitchell 0.90 0.70 0.70 N/A 1.00 0.75 0.80 N/A</u></div>
<div><u>Thornton N/A N/A N/A -0.16 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.00 1.00 0.62 N/A N/A N/A N/A</u></div>
<div><u>W O Feed 1.43</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia 1.34 N/A 1.25 N/A 0.97 N/A 1.07 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 1.36N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.35US 6.95CA 5.81US 7.52CA</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 1.11 1.05 1.05</u></div>
<div><u>CAD $/bu 7.07 7.01 7.01</u></div>
<div><u>CAD $/tonne 259.77 257.39 257.39</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 458.35</u></div>
<div><u>DDG's FOB Srn & Aylm 170.00</u></div>
<div><u><br>
</u></div>
<u></u>
<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;
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<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
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