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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, July 5</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.297 down 0.0020</u></div>
<div><u>Chicago corn closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP17 HI 3.94 1/4 DEC17 HI 4.05</u></div>
<div><u> LOW 3.85 1/4 LOW 3.96 3/4</u></div>
<div><u> CLOSE3.92 Up 3 1/2 CLOSE 4.04 Up 4 3/4</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 4.57 179.91 0.75 4.79 188.57</u></div>
<div><u>CK High 0.85 4.77 187.79 0.85 4.89 192.51</u></div>
<div><u>CK Avg 0.69 -0.36 4.61 181.55 0.78 -0.31 4.82 189.89</u></div>
<div><u>Essex Cty 0.70 4.62 181.88 0.85 4.89 192.51</u></div>
<div><u>Mdsx Low 0.65 4.57 179.91 0.75 4.79 188.57</u></div>
<div><u>Mdsx High 0.65 4.57 179.91 0.75 4.79 188.57</u></div>
<div><u>Mdsx Avg 0.65 -0.40 4.57 179.91 0.75 -0.34 4.79 188.57</u></div>
<div><u>Hensall 0.67 4.59 180.50 0.77 4.81 189.16</u></div>
<div><u>Bruce 0.80 4.72 185.82 1.00 5.04 198.42</u></div>
<div><u>Putnam 0.65 4.57 179.91 0.75 4.79 188.57</u></div>
<div><u>Burford 0.65 4.57 179.91 0.85 4.89 192.51</u></div>
<div><u>Port Perry 0.90 4.82 189.76 0.85 4.89 192.51</u></div>
<div><u>Norfolk 0.75 4.67 183.85 0.85 4.89 192.51</u></div>
<div><u>Palmerston 0.85 4.77 187.79 0.85 4.89 192.51</u></div>
<div><u>Varna 0.70 4.62 181.88 0.80 4.84 190.54</u></div>
<div><u>Trenton 1.10 5.02 197.63 0.90 4.94 194.48</u></div>
<div><u>Winchester 1.09 5.01 197.23 1.13 5.17 203.53</u></div>
<div><u>North Gower 1.09 5.01 197.23 1.11 5.15 202.75</u></div>
<div><u>Huron FOB 0.93 4.85 190.94 0.88 4.92 193.69</u></div>
<div><u>Kent FOB 0.90 4.82 189.76 0.75 4.79 188.57</u></div>
<div><u>Lamb FOB 0.90 4.82 189.76 0.75 4.79 188.57</u></div>
<div><u>Mdsx FOB 0.95 0.95N/A N/A 4.87 191.72 0.90 4.94 194.48</u></div>
<div><u>FOB SW Que 1.34 5.26 207.08N/A</u></div>
<div><u>Track 1.18 5.10 200.58N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.30 1.10 5.14 202.35</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 5.04 198.42</u></div>
<div><u>Sarn-Eth 1.05 1.15 1.10N/A 4.97 195.66N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A 1.15 5.19 204.32</u></div>
<div><u>London-Ing N/A N/A N/A 1.32 1.15 5.19 204.32</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.15 5.19 204.32</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 1.60 1.30 5.34 210.23</u></div>
<div><u>W O Feed 1.31 5.23 205.90</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.42 5.34 210.23</u></div>
<div><u>Toledo El. -0.10 3.82 150.24 -0.32 3.72 146.31</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 0.68 4.60 181.09 0.95 4.99196 4/9</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.80 4.84</u></div>
<div><u>HI SD CRN 0.85 4.891</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.297 down 0.0020</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> AUG17 HI 9.86 1/2 NOV17 HI 9.97 1/4</u></div>
<div><u> LOW 9.69 1/4 LOW 9.80 3/4</u></div>
<div><u> CLOSE9.81 3/4 Up 11 3/4 CLOSE 9.94 1/4 Up 13 1/2</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 2.24 12.06 443.041.90 11.84 435.14</u></div>
<div><u>CK High 2.35 12.17 447.082.10 12.04 442.49</u></div>
<div><u>CK Average 2.29 -0.4812.11 444.871.99 -0.7311.93 438.32</u></div>
<div><u>Essex Cty 2.30 12.12 445.241.85 11.79 433.30</u></div>
<div><u>Mdsx Low 2.24 12.06 443.042.00 11.94 438.81</u></div>
<div><u>Mdsx High 2.35 12.17 447.082.04 11.98 440.28</u></div>
<div><u>Mdsx Average 2.30 -0.4812.11 445.062.02 -0.7011.96 439.55</u></div>
<div><u>Hensall 2.35 12.17 447.082.08 12.02 441.57</u></div>
<div><u>Bruce 2.35 12.17 447.082.00 11.94 438.81</u></div>
<div><u>Putnam 2.35 12.17 447.082.05 11.99 440.65</u></div>
<div><u>Burford 2.31 12.13 445.612.11 12.05 442.85</u></div>
<div><u>Port Perry 2.24 12.06 443.042.04 11.98 440.28</u></div>
<div><u>Norfolk 2.35 12.17 447.082.15 12.09 444.32</u></div>
<div><u>Palmerston 2.35 12.17 447.082.00 11.94 438.81</u></div>
<div><u>Varna 2.35 12.17 447.082.15 12.09 444.32</u></div>
<div><u>Trenton 2.35 12.17 447.082.00 11.94 438.81</u></div>
<div><u>Winchester 2.30 12.12 445.242.70 12.64 464.53</u></div>
<div><u>North Gower 2.20 12.02 441.572.31 12.25 450.20</u></div>
<div><u>Huron FOB 2.50 12.32 452.592.25 12.19 448.00</u></div>
<div><u>Kent FOB 2.45 12.27 450.752.10 12.04 442.49</u></div>
<div><u>Lambton FOB 2.45 12.27 450.752.10 12.04 442.49</u></div>
<div><u>Middlesex FOB2.40 2.40 N/A N/A 12.22 448.922.23 12.17 447.26</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 2.82 2.82 N/A 2.65 12.64 464.352.65 12.59 462.70</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.30 12.12 445.242.44 12.38 454.98</u></div>
<div><u>Sarnia 2.18 12.00 440.832.33 12.27 450.94</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.21 9.61 353.11-0.62 9.32 342.49</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.297 down 0.0020</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>SEP17 HI 5.74 1/2 JUL18 HI 6.09 1/2</u></div>
<div><u> LOW 5.36 3/4 LOW 5.80</u></div>
<div><u> CLOSE 5.60 Up 5 CLOSE 6.00 1/2 Up 4 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>SEP17 HI 8.68 1/2 SEP18 HI 6.89</u></div>
<div><u> LOW 7.74 LOW 6.57 1/4</u></div>
<div><u> CLOSE 8.19 3/4 Up 3 3/4 CLOSE 6.80 1/4 Up 3 1/4</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 1.34 1.27 1.27 0.49</u></div>
<div><u>CAD $/bu 6.94 6.87 6.87 8.69</u></div>
<div><u>CAD $/tonne 254.97 252.58 252.58 319.18</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 0.75 N/A N/A N/A 0.85 N/A</u></div>
<div><u>London 1.17 0.92 0.75 N/A 0.90 0.90 0.90 N/A</u></div>
<div><u>Hensall 0.95 N/A 0.75 N/A 1.05 N/A 0.85 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 0.95 0.75 0.75 0.31 1.05 0.90 0.85 0.60</u></div>
<div><u>Essex N/A N/A 0.62 N/A N/A N/A 0.70 N/A</u></div>
<div><u>Norwich 0.95 N/A 0.75 N/A 1.05 N/A 0.85 N/A</u></div>
<div><u>Port Hope N/A 0.80 0.80 N/A N/A 0.80 0.80 N/A</u></div>
<div><u>Kent Bridge 0.95 N/A 0.75 N/A 1.05 N/A 0.85 N/A</u></div>
<div><u>Chatham N/A N/A 0.80 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Brigden N/A N/A 0.80 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 1.05 0.75 0.75 N/A 1.05 0.80 0.85 N/A</u></div>
<div><u>Mitchell 0.95 0.75 0.75 N/A 1.05 0.80 0.85 N/A</u></div>
<div><u>Thornton N/A N/A N/A -0.13 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.06 1.06 0.68 N/A N/A N/A N/A</u></div>
<div><u>W O Feed 1.48</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia 1.34 N/A 1.25 N/A 0.96 N/A 1.06 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 1.33N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.40US 7.00CA 5.86US 7.58CA</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 1.12 1.06 1.06</u></div>
<div><u>CAD $/bu 7.13 7.06 7.06</u></div>
<div><u>CAD $/tonne 261.84 259.47 259.47</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 463.31</u></div>
<div><u>DDG's FOB Srn & Aylm 170.00</u></div>
<div><u><br>
</u></div>
<u><br>
</u>
<p></p>
<p><u></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%;
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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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