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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, June 15</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3175 up 0.0083</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 3.68 1/4 DEC18 HI 3.89 1/2</u></div>
<div><u> LOW 3.55 1/4 LOW 3.77 3/4</u></div>
<div><u> CLOSE3.61 1/4 Down 1 3/4 CLOSE 3.82 3/4 Down 1 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 +SEP18+SEP18+DEC18</u></div>
<div><u>CK Low 0.85 4.46 175.68 0.75 4.58 180.21</u></div>
<div><u>CK High 0.90 4.51 177.65 0.90 4.73 186.11</u></div>
<div><u>CK Avg 0.89 -0.19 4.50 177.32 0.78 -0.33 4.60 181.19</u></div>
<div><u>Essex Cty 0.90 4.51 177.65 0.75 4.58 180.21</u></div>
<div><u>Mdsx Low 0.90 4.51 177.65 0.75 4.58 180.21</u></div>
<div><u>Mdsx High 0.90 4.51 177.65 0.75 4.58 180.21</u></div>
<div><u>Mdsx Avg 0.90 -0.19 4.51 177.65 0.75 -0.35 4.58 180.21</u></div>
<div><u>Hensall 0.90 4.51 177.65 0.78 4.60 181.19</u></div>
<div><u>Bruce 0.90 4.51 177.65 0.75 4.58 180.21</u></div>
<div><u>Putnam 0.90 4.51 177.65 0.75 4.58 180.21</u></div>
<div><u>Burford 0.90 4.51 177.65 0.75 4.58 180.21</u></div>
<div><u>Port Perry 0.90 4.51 177.65 0.85 4.68 184.15</u></div>
<div><u>Norfolk 0.90 4.51 177.65 0.75 4.58 180.21</u></div>
<div><u>Palmerston 0.90 4.51 177.65 0.75 4.58 180.21</u></div>
<div><u>Varna 0.90 4.51 177.65 0.75 4.58 180.21</u></div>
<div><u>Trenton 0.90 4.51 177.65 0.90 4.73 186.11</u></div>
<div><u>Winchester 1.08 4.69 184.74 1.14 4.97 195.56</u></div>
<div><u>North Gower 1.08 4.69 184.74 1.15 4.98 195.96</u></div>
<div><u>Huron FOB 1.05 4.66 183.55 0.80 4.63 182.18</u></div>
<div><u>Kent FOB 1.05 4.66 183.55 0.83 4.66 183.36</u></div>
<div><u>Lamb FOB 1.10 4.71 185.52 0.80 4.63 182.18</u></div>
<div><u>Mdsx FOB 0.95 1.10N/A N/A 4.56 179.62 0.85 4.68 184.15</u></div>
<div><u>FOB SW Que 1.65 5.26 207.18N/A</u></div>
<div><u>Track 1.30 4.91 193.40N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.00 4.83 190.05</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.10 4.93 193.99</u></div>
<div><u>Aylmer-Eth N/A N/A 1.30 1.30 1.00 4.83 190.05</u></div>
<div><u>Sarn-Eth 1.15 1.20 1.25N/A 4.76 187.49N/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 4.93 193.99</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 5.03 197.92</u></div>
<div><u>W O Feed 1.44 5.05 198.99</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.56 5.17 203.63</u></div>
<div><u>Toledo El. -0.07 3.55 139.62 -0.26 3.56 140.31</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.82 1/2 4.65 1/4</u></div>
<div><u>HI SD CRN 0.90 4.72 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3175 up 0.0083</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 9.29 3/4 NOV18 HI 9.53</u></div>
<div><u> LOW 9.03 LOW 9.27 1/4</u></div>
<div><u> CLOSE9.05 1/2 Down 21 3/4 CLOSE 9.30 1/2 Down 19 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 +JUL1+AUG1+NOV18</u></div>
<div><u>CK Low 2.35 11.41 419.062.30 11.61 426.41</u></div>
<div><u>CK High 2.45 11.51 422.742.40 11.71 430.09</u></div>
<div><u>CK Average 2.41 -0.3511.47 421.332.37 -0.4511.67 428.80</u></div>
<div><u>Essex Cty 2.40 11.46 420.902.30 11.61 426.41</u></div>
<div><u>Mdsx Low 2.42 11.48 421.632.34 11.65 427.88</u></div>
<div><u>Mdsx High 2.45 11.51 422.742.40 11.71 430.09</u></div>
<div><u>Mdsx Average 2.44 -0.3311.49 422.192.37 -0.4411.68 428.98</u></div>
<div><u>Hensall 2.45 11.51 422.742.40 11.71 430.09</u></div>
<div><u>Bruce 2.45 11.51 422.742.40 11.71 430.09</u></div>
<div><u>Putnam 2.50 11.56 424.572.40 11.71 430.09</u></div>
<div><u>Burford 2.49 11.55 424.212.41 11.72 430.45</u></div>
<div><u>Port Perry 2.39 11.45 420.532.31 11.62 426.78</u></div>
<div><u>Norfolk 2.45 11.51 422.742.40 11.71 430.09</u></div>
<div><u>Palmerston 2.45 11.51 422.742.40 11.71 430.09</u></div>
<div><u>Varna 2.40 11.46 420.902.30 11.61 426.41</u></div>
<div><u>Trenton 2.35 11.41 419.062.30 11.61 426.41</u></div>
<div><u>Winchester 2.27 11.33 416.122.33 11.64 427.51</u></div>
<div><u>North Gower 2.28 11.34 416.492.38 11.69 429.35</u></div>
<div><u>Huron FOB 2.55 11.61 426.412.50 11.81 433.76</u></div>
<div><u>Kent FOB 2.55 11.61 426.412.40 11.71 430.09</u></div>
<div><u>Lambton FOB 2.60 11.66 428.252.50 11.81 433.76</u></div>
<div><u>Middlesex FOB2.59 2.66 2.66 N/A 11.65 427.882.44 11.75 431.55</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.94 12.00 440.742.65 11.96 439.27</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.60 11.91 437.43</u></div>
<div><u>Prescott 2.31 11.37 417.592.75 12.06 442.95</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.20 8.86 325.45-0.40 8.91 327.38</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3175 up 0.0083</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>JUL18 HI 5.08 3/4 JUL18 HI 5.08 3/4</u></div>
<div><u> LOW 4.87 LOW 4.87</u></div>
<div><u> CLOSE 4.99 1/2 Down 2 CLOSE 4.99 1/2 Down 2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>JUL18 HI 5.79 3/4 SEP18 HI 5.92</u></div>
<div><u> LOW 5.67 1/2 LOW 5.80</u></div>
<div><u> CLOSE 5.70 3/4 Down 6 3/4 CLOSE 5.81 Down 8 3/4</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 1.48 1.41 1.22 0.36</u></div>
<div><u>CAD $/bu 6.48 6.41 6.21 6.07</u></div>
<div><u>CAD $/tonne 237.94 235.52 228.26 223.05</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 1.08 1.41 1.08 N/A 1.20 1.20 1.07 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 0.86 N/A N/A N/A 1.05 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 1.05 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.05 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 0.50 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.18 0.98 0.15 N/A 1.47 1.39 0.28</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 1.85 N/A N/A N/A 1.85 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.10US 6.71CA 5.10US 6.71CA</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 1.45 1.52 1.43 0.40</u></div>
<div><u>CAD $/bu 6.45 6.52 6.42 6.21</u></div>
<div><u>CAD $/tonne 236.97 239.39 236.00 228.01</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 519.09</u></div>
<div><u>DDG's FOB Srn & Aylm 260.00 - 265.00</u></div>
<div><u><br>
</u></div>
<u></u>
<p class="MsoNormal" style=""><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" id="LPlnk771935" class="OWAAutoLink" previewremoved="true" style=""><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" style=""><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" id="LPlnk92516" class="OWAAutoLink" previewremoved="true" style=""><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" style=""><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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