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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 13</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3038 up 0.0014</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 3.79 3/4 DEC18 HI 4.00 1/2</u></div>
<div><u> LOW 3.73 1/4 LOW 3.94</u></div>
<div><u> CLOSE3.76 Down 1 1/2 CLOSE 3.97 Down 1 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 +SEP18+SEP18+DEC18</u></div>
<div><u>CK Low 0.85 4.61 181.49 0.75 4.72 185.82</u></div>
<div><u>CK High 0.90 4.66 183.46 0.90 4.87 191.72</u></div>
<div><u>CK Avg 0.89 -0.19 4.65 183.13 0.78 -0.33 4.75 186.80</u></div>
<div><u>Essex Cty 0.90 4.66 183.46 0.75 4.72 185.82</u></div>
<div><u>Mdsx Low 0.90 4.66 183.46 0.75 4.72 185.82</u></div>
<div><u>Mdsx High 0.90 4.66 183.46 0.75 4.72 185.82</u></div>
<div><u>Mdsx Avg 0.90 -0.19 4.66 183.46 0.75 -0.35 4.72 185.82</u></div>
<div><u>Hensall 0.90 4.66 183.46 0.75 4.72 185.82</u></div>
<div><u>Bruce 0.90 4.66 183.46 0.75 4.72 185.82</u></div>
<div><u>Putnam 0.90 4.66 183.46 0.75 4.72 185.82</u></div>
<div><u>Burford 0.90 4.66 183.46 0.75 4.72 185.82</u></div>
<div><u>Port Perry 0.90 4.66 183.46 0.85 4.82 189.76</u></div>
<div><u>Norfolk 0.90 4.66 183.46 0.75 4.72 185.82</u></div>
<div><u>Palmerston 0.90 4.66 183.46 0.75 4.72 185.82</u></div>
<div><u>Varna 0.90 4.66 183.46 0.75 4.72 185.82</u></div>
<div><u>Trenton 0.90 4.66 183.46 0.90 4.87 191.72</u></div>
<div><u>Winchester 1.08 4.84 190.54 1.14 5.11 201.17</u></div>
<div><u>North Gower 1.05 4.81 189.36 1.15 5.12 201.57</u></div>
<div><u>Huron FOB 1.03 4.79 188.57 0.80 4.77 187.79</u></div>
<div><u>Kent FOB 1.05 4.81 189.36 0.83 4.80 188.97</u></div>
<div><u>Lamb FOB 1.10 4.86 191.33 0.80 4.77 187.79</u></div>
<div><u>Mdsx FOB 0.95 1.10N/A N/A 4.71 185.42 0.85 4.82 189.76</u></div>
<div><u>FOB SW Que 1.53 5.29 208.26N/A</u></div>
<div><u>Track 1.30 5.06 199.20N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.00 4.97 195.66</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.10 5.07 199.60</u></div>
<div><u>Aylmer-Eth N/A N/A 1.30 1.30 1.00 4.97 195.66</u></div>
<div><u>Sarn-Eth 1.15 1.20 1.25N/A 4.91 193.30N/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 5.07 199.60</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 5.17 203.53</u></div>
<div><u>W O Feed 1.44 5.20 204.56</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.53 5.29 208.26</u></div>
<div><u>Toledo El. -0.07 3.69 145.46 -0.26 3.71 146.03</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.82 1/2 4.79 1/2</u></div>
<div><u>HI SD CRN 0.90 4.87</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3038 up 0.0014</u></div>
<div><u>Chicago soybeans closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 9.58 1/2 NOV18 HI 9.79 1/4</u></div>
<div><u> LOW 9.34 1/4 LOW 9.56</u></div>
<div><u> CLOSE9.36 Down 18 CLOSE 9.58 3/4 Down 15 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 11.71 430.272.29 11.88 436.42</u></div>
<div><u>CK High 2.45 11.81 433.942.40 11.99 440.47</u></div>
<div><u>CK Average 2.40 -0.3411.76 432.112.33 -0.4511.92 437.95</u></div>
<div><u>Essex Cty 2.35 11.71 430.272.25 11.84 434.95</u></div>
<div><u>Mdsx Low 2.40 11.76 432.112.29 11.88 436.42</u></div>
<div><u>Mdsx High 2.45 11.81 433.942.35 11.94 438.63</u></div>
<div><u>Mdsx Average 2.43 -0.3211.79 433.022.32 -0.4511.91 437.53</u></div>
<div><u>Hensall 2.45 11.81 433.942.35 11.94 438.63</u></div>
<div><u>Bruce 2.45 11.81 433.942.35 11.94 438.63</u></div>
<div><u>Putnam 2.50 11.86 435.782.40 11.99 440.47</u></div>
<div><u>Burford 2.47 11.83 434.682.36 11.95 439.00</u></div>
<div><u>Port Perry 2.37 11.73 431.002.26 11.85 435.32</u></div>
<div><u>Norfolk 2.40 11.76 432.112.35 11.94 438.63</u></div>
<div><u>Palmerston 2.45 11.81 433.942.40 11.99 440.47</u></div>
<div><u>Varna 2.45 11.81 433.942.35 11.94 438.63</u></div>
<div><u>Trenton 2.40 11.76 432.112.35 11.94 438.63</u></div>
<div><u>Winchester 2.21 11.57 425.122.29 11.88 436.42</u></div>
<div><u>North Gower 2.32 11.68 429.172.36 11.95 439.00</u></div>
<div><u>Huron FOB 2.55 11.91 437.622.45 12.04 442.30</u></div>
<div><u>Kent FOB 2.45 11.81 433.942.35 11.94 438.63</u></div>
<div><u>Lambton FOB 2.50 11.86 435.782.45 12.04 442.30</u></div>
<div><u>Middlesex FOB2.57 2.64 2.63 N/A 11.93 438.352.40 11.99 440.47</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.90 12.26 450.482.61 12.20 448.18</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.65 12.24 449.65</u></div>
<div><u>Prescott 2.31 11.67 428.802.75 12.34 453.33</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.20 9.16 336.74-0.33 9.26 340.30</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3038 up 0.0014</u></div>
<div><u>Chicago wheat closed lower.</u></div>
<div><u>JUL18 HI 5.38 3/4 JUL18 HI 5.38 3/4</u></div>
<div><u> LOW 5.14 1/2 LOW 5.14 1/2</u></div>
<div><u> CLOSE 5.16 1/2 Down 18 CLOSE 5.16 1/2 Down 18</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>JUL18 HI 5.92 3/4 SEP18 HI 6.04 3/4</u></div>
<div><u> LOW 5.83 1/4 LOW 5.96</u></div>
<div><u> CLOSE 5.84 1/2 Down 8 CLOSE 5.97 1/4 Down 7 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 1.46 1.40 1.20 0.34</u></div>
<div><u>CAD $/bu 6.63 6.56 6.37 6.19</u></div>
<div><u>CAD $/tonne 243.60 241.21 234.02 227.31</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 1.05 N/A N/A N/A 1.10 N/A</u></div>
<div><u>London 1.12 1.44 1.12 N/A 1.24 1.24 1.11 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 1.10 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 1.25 1.05 N/A 1.30 1.30 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 0.57 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.35 1.05 0.16 N/A 1.56 1.42 0.30</u></div>
<div><u>W O Feed 1.57</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 1.83 N/A N/A N/A 1.83 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.27US 6.86CA 5.27US 6.86CA</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 1.44 1.50 1.41 0.38</u></div>
<div><u>CAD $/bu 6.60 6.67 6.58 6.35</u></div>
<div><u>CAD $/tonne 242.64 245.04 241.68 233.42</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 528.79</u></div>
<div><u>DDG's FOB Srn & Aylm 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="LPlnk959106" 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="LPlnk737253" 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;
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<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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