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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 30</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2878 down 0.0144</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 3.98 1/2 DEC18 HI 4.17 3/4</u></div>
<div><u> LOW 3.90 3/4 LOW 4.10 1/2</u></div>
<div><u> CLOSE3.93 1/2 Down 6 1/2 CLOSE 4.13 1/4 Down 5 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 +JUL18+SEP18+SEP18</u></div>
<div><u>CK Low 0.85 4.79 188.38 0.75 4.88 192.22</u></div>
<div><u>CK High 0.90 4.84 190.35 0.80 4.93 194.18</u></div>
<div><u>CK Avg 0.88 -0.19 4.82 189.69 0.77 -0.33 4.90 192.87</u></div>
<div><u>Essex Cty 0.90 4.84 190.35 0.80 4.93 194.18</u></div>
<div><u>Mdsx Low 0.90 4.84 190.35 0.75 4.88 192.22</u></div>
<div><u>Mdsx High 0.90 4.84 190.35 0.75 4.88 192.22</u></div>
<div><u>Mdsx Avg 0.90 -0.18 4.84 190.35 0.75 -0.34 4.88 192.22</u></div>
<div><u>Hensall 0.90 4.84 190.35 0.75 4.88 192.22</u></div>
<div><u>Bruce 0.90 4.84 190.35 0.75 4.88 192.22</u></div>
<div><u>Putnam 0.90 4.84 190.35 0.75 4.88 192.22</u></div>
<div><u>Burford 0.90 4.84 190.35 0.80 4.93 194.18</u></div>
<div><u>Port Perry 0.90 4.84 190.35 0.85 4.98 196.15</u></div>
<div><u>Norfolk 0.90 4.84 190.35 0.80 4.93 194.18</u></div>
<div><u>Palmerston 0.85 4.79 188.38 0.75 4.88 192.22</u></div>
<div><u>Varna 0.90 4.84 190.35 0.75 4.88 192.22</u></div>
<div><u>Trenton 0.85 4.79 188.38 0.85 4.98 196.15</u></div>
<div><u>Winchester 1.05 4.99 196.25 1.05 5.18 204.03</u></div>
<div><u>North Gower 1.05 4.99 196.25 1.15 5.28 207.96</u></div>
<div><u>Huron FOB 1.03 4.97 195.46 0.78 4.91 193.40</u></div>
<div><u>Kent FOB 1.10 5.04 198.22 0.85 4.98 196.15</u></div>
<div><u>Lamb FOB 1.05 4.99 196.25 0.80 4.93 194.18</u></div>
<div><u>Mdsx FOB 0.90 0.90N/A N/A 4.84 190.35 0.80 4.93 194.18</u></div>
<div><u>FOB SW Que 1.32 5.26 206.88N/A</u></div>
<div><u>Track 1.30 5.24 206.09N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.17 1.04 5.17 203.63</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 N/A 1.30 1.00 5.13 202.06</u></div>
<div><u>Sarn-Eth N/A 1.15 1.20 1.25 N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A 1.35 1.05 5.18 204.03</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.20 5.33 209.93</u></div>
<div><u>W O Feed 1.48 5.42 213.26</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.59 5.53 217.51</u></div>
<div><u>Toledo El. -0.06 3.87 152.38 -0.26 3.87 152.55</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.77 1/2 4.90 3/4</u></div>
<div><u>HI SD CRN 0.80 4.93 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 1.2878 down 0.0144</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 10.31 3/4 NOV18 HI 10.43 3/4</u></div>
<div><u> LOW 10.14 3/4 LOW 10.28 1/2</u></div>
<div><u> CLOSE10.23 Down 7 1/2 CLOSE 10.36 1/2 Down 6</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+JUL1+SEP18</u></div>
<div><u>CK Low 2.45 12.68 465.912.35 12.72 467.20</u></div>
<div><u>CK High 2.60 12.83 471.422.55 12.92 474.55</u></div>
<div><u>CK Average 2.54 -0.3212.77 469.092.48 -0.3912.84 471.79</u></div>
<div><u>Essex Cty 2.60 12.83 471.422.45 12.82 470.87</u></div>
<div><u>Mdsx Low 2.50 12.73 467.752.50 12.87 472.71</u></div>
<div><u>Mdsx High 2.57 12.80 470.322.50 12.87 472.71</u></div>
<div><u>Mdsx Average 2.54 -0.3212.77 469.032.50 -0.3812.87 472.71</u></div>
<div><u>Hensall 2.55 12.78 469.582.55 12.92 474.55</u></div>
<div><u>Bruce 2.50 12.73 467.752.45 12.82 470.87</u></div>
<div><u>Putnam 2.60 12.83 471.422.60 12.97 476.38</u></div>
<div><u>Burford 2.64 12.87 472.892.57 12.94 475.28</u></div>
<div><u>Port Perry 2.54 12.77 469.222.47 12.84 471.61</u></div>
<div><u>Norfolk 2.60 12.83 471.422.60 12.97 476.38</u></div>
<div><u>Palmerston 2.45 12.68 465.912.35 12.72 467.20</u></div>
<div><u>Varna 2.60 12.83 471.422.60 12.97 476.38</u></div>
<div><u>Trenton 2.45 12.68 465.912.40 12.77 469.03</u></div>
<div><u>Winchester 2.46 12.69 466.282.43 12.80 470.14</u></div>
<div><u>North Gower 2.45 12.68 465.912.52 12.89 473.44</u></div>
<div><u>Huron FOB 2.70 12.93 475.102.70 13.07 480.06</u></div>
<div><u>Kent FOB 2.75 12.98 476.932.55 12.92 474.55</u></div>
<div><u>Lambton FOB 2.65 12.88 473.262.55 12.92 474.55</u></div>
<div><u>Middlesex FOB2.74 2.79 2.79 N/A 12.97 476.572.60 12.97 476.38</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.88 13.11 481.712.72 13.09 480.79</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.90 13.27 487.41</u></div>
<div><u>Prescott 2.35 12.58 462.242.76 13.13 482.26</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.19 10.04 368.79-0.32 10.04 369.02</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2878 down 0.0144</u></div>
<div><u>Chicago wheat closed lower.</u></div>
<div><u>JUL18 HI 5.34 3/4 JUL18 HI 5.34 3/4</u></div>
<div><u> LOW 5.16 1/2 LOW 5.16 1/2</u></div>
<div><u> CLOSE 5.22 Down 14 1/2 CLOSE 5.22 Down 14 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed lower.</u></div>
<div><u>JUL18 HI 6.28 SEP18 HI 6.35 1/2</u></div>
<div><u> LOW 6.11 LOW 6.18 1/2</u></div>
<div><u> CLOSE 6.11 1/2 Down 16 1/2 CLOSE 6.19 1/4 Down 16 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 1.40 1.34 1.14 0.34</u></div>
<div><u>CAD $/bu 6.62 6.56 6.36 6.46</u></div>
<div><u>CAD $/tonne 243.22 240.86 233.76 237.31</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 1.00 N/A N/A N/A 1.05 N/A</u></div>
<div><u>London 1.11 1.44 0.98 N/A 1.11 1.24 1.04 N/A</u></div>
<div><u>Hensall 1.10 N/A 1.00 N/A 1.15 N/A 1.05 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 1.10 1.10 1.00 N/A 1.15 1.15 1.05 0.50</u></div>
<div><u>Essex N/A N/A 0.93 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Norwich 1.10 N/A 1.00 N/A 1.15 N/A 1.05 N/A</u></div>
<div><u>Port Hope N/A N/A 0.90 N/A N/A 1.05 1.05 N/A</u></div>
<div><u>Kent Bridge 1.10 N/A 1.00 N/A 1.15 N/A 1.05 N/A</u></div>
<div><u>Chatham N/A N/A 0.95 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 0.95 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A 1.00 0.90 0.35 N/A 1.10 1.05 0.55</u></div>
<div><u>Varna 1.25 1.15 0.95 N/A 1.30 1.30 1.10 N/A</u></div>
<div><u>Mitchell 1.10 1.10 1.00 N/A 1.15 1.15 1.05 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.73 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.27 1.06 0.27 N/A 1.58 1.43 0.39</u></div>
<div><u>W O Feed 1.65</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.70 N/A N/A N/A 1.70 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.32US 6.85CA 5.32US 6.85CA</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 1.37 1.44 1.35 0.37</u></div>
<div><u>CAD $/bu 6.59 6.66 6.57 6.56</u></div>
<div><u>CAD $/tonne 242.28 244.64 241.33 240.98</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 574.20</u></div>
<div><u>DDG's FOB Srn & Aylm 260.00 - 265.00</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" id="LPlnk224817" class="OWAAutoLink" previewremoved="true"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
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" id="LPlnk854897" class="OWAAutoLink" previewremoved="true"><span style="font-size:10.0pt;line-height:115%;
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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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