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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, June 12</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3024 up 0.0034</u></div>
<div><u>Chicago corn closed higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 3.79 1/2 DEC18 HI 4.00</u></div>
<div><u> LOW 3.67 1/4 LOW 3.88 1/2</u></div>
<div><u> CLOSE3.77 1/2 Up 10 1/4 CLOSE 3.98 1/4 Up 10</u></div>
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</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 +SEP18+SEP18+DEC18</u></div>
<div><u>CK Low 0.85 4.63 182.08 0.75 4.73 186.31</u></div>
<div><u>CK High 0.90 4.68 184.05 0.80 4.78 188.28</u></div>
<div><u>CK Avg 0.89 -0.19 4.67 183.72 0.76 -0.34 4.74 186.64</u></div>
<div><u>Essex Cty 0.90 4.68 184.05 0.75 4.73 186.31</u></div>
<div><u>Mdsx Low 0.90 4.68 184.05 0.75 4.73 186.31</u></div>
<div><u>Mdsx High 0.90 4.68 184.05 0.75 4.73 186.31</u></div>
<div><u>Mdsx Avg 0.90 -0.19 4.68 184.05 0.75 -0.35 4.73 186.31</u></div>
<div><u>Hensall 0.90 4.68 184.05 0.75 4.73 186.31</u></div>
<div><u>Bruce 0.90 4.68 184.05 0.75 4.73 186.31</u></div>
<div><u>Putnam 0.90 4.68 184.05 0.75 4.73 186.31</u></div>
<div><u>Burford 0.90 4.68 184.05 0.75 4.73 186.31</u></div>
<div><u>Port Perry 0.90 4.68 184.05 0.85 4.83 190.25</u></div>
<div><u>Norfolk 0.90 4.68 184.05 0.75 4.73 186.31</u></div>
<div><u>Palmerston 0.90 4.68 184.05 0.75 4.73 186.31</u></div>
<div><u>Varna 0.90 4.68 184.05 0.75 4.73 186.31</u></div>
<div><u>Trenton 0.90 4.68 184.05 0.90 4.88 192.22</u></div>
<div><u>Winchester 1.07 4.85 190.74 1.13 5.11 201.27</u></div>
<div><u>North Gower 1.05 4.83 189.95 1.15 5.13 202.06</u></div>
<div><u>Huron FOB 1.03 4.81 189.16 0.80 4.78 188.28</u></div>
<div><u>Kent FOB 1.05 4.83 189.95 0.83 4.81 189.46</u></div>
<div><u>Lamb FOB 1.10 4.88 191.92 0.80 4.78 188.28</u></div>
<div><u>Mdsx FOB 1.10 1.10N/A N/A 4.88 191.92 0.85 4.83 190.25</u></div>
<div><u>FOB SW Que 1.59 5.37 211.21N/A</u></div>
<div><u>Track 1.30 5.08 199.79N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.00 4.98 196.15</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.14 5.12 201.66</u></div>
<div><u>Aylmer-Eth N/A N/A 1.30 1.30 1.00 4.98 196.15</u></div>
<div><u>Sarn-Eth 1.15 1.20 1.25N/A 4.93 193.89N/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 1.35 1.35 1.10 5.08 200.09</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 1.25 5.23 205.99</u></div>
<div><u>W O Feed 1.44 5.22 205.38</u></div>
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</u></div>
<div><u>US Rep 1.53 5.31 208.85</u></div>
<div><u>Toledo El. -0.07 3.71 146.05 -0.26 3.72 146.53</u></div>
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</u></div>
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</u></div>
<div><u>MID SD CRN 0.77 1/2 4.75 3/4</u></div>
<div><u>HI SD CRN 0.80 4.78 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 1.3024 up 0.0034</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 9.63 1/4 NOV18 HI 9.83 1/2</u></div>
<div><u> LOW 9.52 LOW 9.72</u></div>
<div><u> CLOSE9.54 Up 1/4 CLOSE 9.74 1/2 Up 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+NOV18</u></div>
<div><u>CK Low 2.35 11.89 436.882.30 12.05 442.58</u></div>
<div><u>CK High 2.55 12.09 444.232.55 12.30 451.76</u></div>
<div><u>CK Average 2.44 -0.3411.98 440.192.38 -0.4412.12 445.46</u></div>
<div><u>Essex Cty 2.35 11.89 436.882.25 12.00 440.74</u></div>
<div><u>Mdsx Low 2.44 11.98 440.192.32 12.07 443.31</u></div>
<div><u>Mdsx High 2.45 11.99 440.562.35 12.10 444.42</u></div>
<div><u>Mdsx Average 2.45 -0.3411.99 440.372.34 -0.4712.08 443.86</u></div>
<div><u>Hensall 2.45 11.99 440.562.35 12.10 444.42</u></div>
<div><u>Bruce 2.45 11.99 440.562.35 12.10 444.42</u></div>
<div><u>Putnam 2.50 12.04 442.392.40 12.15 446.25</u></div>
<div><u>Burford 2.51 12.05 442.762.39 12.14 445.88</u></div>
<div><u>Port Perry 2.41 11.95 439.092.29 12.04 442.21</u></div>
<div><u>Norfolk 2.40 11.94 438.722.35 12.10 444.42</u></div>
<div><u>Palmerston 2.45 11.99 440.562.40 12.15 446.25</u></div>
<div><u>Varna 2.45 11.99 440.562.35 12.10 444.42</u></div>
<div><u>Trenton 2.45 11.99 440.562.45 12.20 448.09</u></div>
<div><u>Winchester 2.28 11.82 434.312.35 12.10 444.42</u></div>
<div><u>North Gower 2.38 11.92 437.992.40 12.15 446.25</u></div>
<div><u>Huron FOB 2.55 12.09 444.232.45 12.20 448.09</u></div>
<div><u>Kent FOB 2.45 11.99 440.562.35 12.10 444.42</u></div>
<div><u>Lambton FOB 2.55 12.09 444.232.50 12.25 449.93</u></div>
<div><u>Middlesex FOB2.61 2.68 N/A N/A 12.15 446.442.43 12.18 447.35</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.95 12.49 458.932.69 12.44 456.91</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.65 12.40 455.44</u></div>
<div><u>Prescott 2.31 11.85 435.412.75 12.50 459.11</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.20 9.34 343.36-0.33 9.42 346.10</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3024 up 0.0034</u></div>
<div><u>Chicago wheat closed higher.</u></div>
<div><u>JUL18 HI 5.38 1/4 JUL18 HI 5.38 1/4</u></div>
<div><u> LOW 5.10 1/4 LOW 5.10 1/4</u></div>
<div><u> CLOSE 5.34 1/2 Up 20 CLOSE 5.34 1/2 Up 20</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>JUL18 HI 5.97 1/2 SEP18 HI 6.09 1/4</u></div>
<div><u> LOW 5.88 LOW 6.00</u></div>
<div><u> CLOSE 5.92 1/2 Up 2 3/4 CLOSE 6.04 1/2 Up 3</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 1.51 1.45 1.25 0.36</u></div>
<div><u>CAD $/bu 6.86 6.79 6.60 6.28</u></div>
<div><u>CAD $/tonne 251.96 249.57 242.39 230.90</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 1.05 N/A N/A N/A 1.10 N/A</u></div>
<div><u>London 1.10 1.42 1.10 N/A 1.21 N/A 1.09 N/A</u></div>
<div><u>Hensall 1.15 N/A 1.05 N/A 1.20 N/A 1.10 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A</u></div>
<div><u>Bruce 1.15 1.15 1.05 N/A 1.20 1.20 1.10 0.55</u></div>
<div><u>Essex N/A N/A 0.88 N/A N/A N/A 1.09 N/A</u></div>
<div><u>Norwich 1.15 N/A 1.05 N/A 1.20 N/A 1.10 N/A</u></div>
<div><u>Port Hope N/A N/A 1.05 N/A N/A 1.05 1.10 N/A</u></div>
<div><u>Kent Bridge 1.15 N/A 1.05 N/A 1.20 N/A 1.10 N/A</u></div>
<div><u>Chatham N/A N/A 1.00 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.00 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A 1.00 1.00 0.35 N/A 1.10 1.05 0.55</u></div>
<div><u>Varna 1.35 1.05 1.05 N/A 1.30 1.10 1.10 N/A</u></div>
<div><u>Mitchell 1.15 1.15 1.05 N/A 1.20 1.20 1.10 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.65 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.17 0.97 0.13 N/A 1.45 1.34 0.27</u></div>
<div><u>W O Feed 1.60</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 1.88 N/A N/A N/A 1.88 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.45US 7.09CA 5.45US 7.09CA</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 1.49 1.55 1.46 0.40</u></div>
<div><u>CAD $/bu 6.83 6.90 6.81 6.44</u></div>
<div><u>CAD $/tonne 251.00 253.40 250.05 236.65</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 535.18</u></div>
<div><u>DDG's FOB Srn & Aylm 265.00</u></div>
<div><u><br>
</u></div>
<div><u>
<p class="MsoNormal"><b><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New", monospace; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="font-family: "Courier New", monospace;"></span><span style="background:#FDFDFD"><span style="font-family: "Courier New", monospace;">Editor, AgriLink and Farm Market News</span><span class="apple-converted-space" style="font-family: "Courier New", monospace;"> </span></span><br>
<span style="font-family: "Courier New", monospace;"></span><span style="background:#FDFDFD"><span style="font-family: "Courier New", monospace;">University of Guelph, Ridgetown Campus</span><span class="apple-converted-space" style="font-family: "Courier New", monospace;"> </span></span><br>
<span style="font-family: "Courier New", monospace;"></span><span style="background:#FDFDFD"><span style="font-family: "Courier New", monospace;">Tel.</span><span class="apple-converted-space" style="font-family: "Courier New", monospace;"> </span></span></span><a href="callto:519-674-1500" id="LPlnk309614" class="OWAAutoLink" previewremoved="true"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New", monospace; color: rgb(51, 102, 153); text-decoration: none;">519-674-1500</span></a><span class="apple-converted-space"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New", monospace; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> </span></span><span style="font-size:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333;background:#FDFDFD"><span style="font-family: "Courier New", monospace;">x
63577</span><span class="apple-converted-space" style="font-family: "Courier New", monospace;"> </span></span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="font-family: "Courier New", monospace;"></span><span style="background:#FDFDFD"><span style="font-family: "Courier New", monospace;">Fax.</span><span class="apple-converted-space" style="font-family: "Courier New", monospace;"> </span></span></span><a href="callto:519-674-1530" id="LPlnk62001" class="OWAAutoLink" previewremoved="true"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New", monospace; color: rgb(51, 102, 153); text-decoration: none;">519-674-1530</span></a><span class="apple-converted-space"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New", monospace; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> </span></span><span style="font-size:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="font-family: "Courier New", monospace;"></span><br>
<span style="font-family: "Courier New", monospace;"></span><span style="background:#FDFDFD"><span style="font-family: "Courier New", monospace;">Click on this link:</span><span class="apple-converted-space" style="font-family: "Courier New", monospace;"> </span></span></span><span class="object"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New", monospace; color: rgb(51, 102, 153);">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New", monospace; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New", monospace; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span></b><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><b><br>
<span style="font-family: "Courier New", monospace;"></span><span style="background: rgb(253, 253, 253); font-family: "Courier New", monospace;">This Farm Market News product is sponsored by:</span><br>
<span style="font-family: "Courier New", monospace;"></span></b><span style="background:#FDFDFD"><b><span style="font-family: "Courier New", monospace;">Grain Farmers of Ontario</span></b><o:p></o:p></span></span></p>
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