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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, June 18</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3215 up 0.0040</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 3.62 DEC18 HI 3.83 1/2</u></div>
<div><u> LOW 3.54 LOW 3.75 1/2</u></div>
<div><u> CLOSE3.56 Down 5 1/4 CLOSE 3.77 1/4 Down 5 1/2</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 4.41 173.61 0.75 4.52 178.04</u></div>
<div><u>CK High 0.90 4.46 175.58 0.90 4.67 183.95</u></div>
<div><u>CK Avg 0.89 -0.19 4.45 175.25 0.78 -0.33 4.55 179.03</u></div>
<div><u>Essex Cty 0.90 4.46 175.58 0.75 4.52 178.04</u></div>
<div><u>Mdsx Low 0.90 4.46 175.58 0.75 4.52 178.04</u></div>
<div><u>Mdsx High 0.90 4.46 175.58 0.75 4.52 178.04</u></div>
<div><u>Mdsx Avg 0.90 -0.19 4.46 175.58 0.75 -0.35 4.52 178.04</u></div>
<div><u>Hensall 0.93 4.49 176.57 0.78 4.55 179.03</u></div>
<div><u>Bruce 0.90 4.46 175.58 0.75 4.52 178.04</u></div>
<div><u>Putnam 0.90 4.46 175.58 0.75 4.52 178.04</u></div>
<div><u>Burford 0.90 4.46 175.58 0.75 4.52 178.04</u></div>
<div><u>Port Perry 0.90 4.46 175.58 0.85 4.62 181.98</u></div>
<div><u>Norfolk 0.90 4.46 175.58 0.75 4.52 178.04</u></div>
<div><u>Palmerston 0.90 4.46 175.58 0.75 4.52 178.04</u></div>
<div><u>Varna 0.95 4.51 177.55 0.80 4.57 180.01</u></div>
<div><u>Trenton 0.90 4.46 175.58 0.90 4.67 183.95</u></div>
<div><u>Winchester 1.08 4.64 182.67 1.14 4.91 193.40</u></div>
<div><u>North Gower 1.09 4.65 183.06 1.15 4.92 193.79</u></div>
<div><u>Huron FOB 1.05 4.61 181.49 0.80 4.57 180.01</u></div>
<div><u>Kent FOB 1.05 4.61 181.49 0.83 4.60 181.19</u></div>
<div><u>Lamb FOB 1.10 4.66 183.46 0.80 4.57 180.01</u></div>
<div><u>Mdsx FOB 0.95 0.95N/A N/A 4.51 177.55 0.85 4.62 181.98</u></div>
<div><u>FOB SW Que 1.80 5.36 211.01N/A</u></div>
<div><u>Track 1.30 4.86 191.33N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.06 4.83 190.25</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.13 4.90 193.00</u></div>
<div><u>Aylmer-Eth N/A N/A 1.30 1.30 1.00 4.77 187.89</u></div>
<div><u>Sarn-Eth 1.15 1.20 1.25N/A 4.71 185.42N/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 4.87 191.82</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 4.97 195.76</u></div>
<div><u>W O Feed 1.46 5.02 197.79</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.54 5.10 200.78</u></div>
<div><u>Toledo El. -0.04 3.52 138.59 -0.26 3.51 138.11</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.82 1/2 4.59 3/4</u></div>
<div><u>HI SD CRN 0.90 4.67 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 1.3215 up 0.0040</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 9.14 NOV18 HI 9.39</u></div>
<div><u> LOW 8.97 1/4 LOW 9.22 1/2</u></div>
<div><u> CLOSE9.08 1/2 Up 3 CLOSE 9.31 1/2 Up 1</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 2.40 11.49 422.002.35 11.67 428.62</u></div>
<div><u>CK High 2.46 11.55 424.212.40 11.72 430.45</u></div>
<div><u>CK Average 2.43 -0.3711.51 422.982.39 -0.4611.70 430.02</u></div>
<div><u>Essex Cty 2.40 11.49 422.002.30 11.62 426.78</u></div>
<div><u>Mdsx Low 2.45 11.54 423.842.38 11.70 429.72</u></div>
<div><u>Mdsx High 2.46 11.55 424.212.40 11.72 430.45</u></div>
<div><u>Mdsx Average 2.46 -0.3511.54 424.022.39 -0.4611.71 430.09</u></div>
<div><u>Hensall 2.45 11.54 423.842.40 11.72 430.45</u></div>
<div><u>Bruce 2.45 11.54 423.842.40 11.72 430.45</u></div>
<div><u>Putnam 2.45 11.54 423.842.40 11.72 430.45</u></div>
<div><u>Burford 2.53 11.62 426.782.45 11.77 432.29</u></div>
<div><u>Port Perry 2.43 11.52 423.102.35 11.67 428.62</u></div>
<div><u>Norfolk 2.45 11.54 423.842.40 11.72 430.45</u></div>
<div><u>Palmerston 2.45 11.54 423.842.40 11.72 430.45</u></div>
<div><u>Varna 2.45 11.54 423.842.40 11.72 430.45</u></div>
<div><u>Trenton 2.40 11.49 422.002.40 11.72 430.45</u></div>
<div><u>Winchester 2.27 11.36 417.222.33 11.65 427.88</u></div>
<div><u>North Gower 2.30 11.39 418.332.41 11.73 430.82</u></div>
<div><u>Huron FOB 2.55 11.64 427.512.50 11.82 434.13</u></div>
<div><u>Kent FOB 2.55 11.64 427.512.40 11.72 430.45</u></div>
<div><u>Lambton FOB 2.60 11.69 429.352.50 11.82 434.13</u></div>
<div><u>Middlesex FOB2.63 2.70 2.70 N/A 11.72 430.452.48 11.80 433.39</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.99 12.08 443.682.58 11.90 437.07</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.70 12.02 441.48</u></div>
<div><u>Prescott 2.31 11.40 418.692.75 12.07 443.31</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.20 8.89 326.53-0.40 8.92 327.70</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3215 up 0.0040</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>JUL18 HI 4.99 JUL18 HI 4.99</u></div>
<div><u> LOW 4.87 3/4 LOW 4.87 3/4</u></div>
<div><u> CLOSE 4.90 Down 9 1/2 CLOSE 4.90 Down 9 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>JUL18 HI 5.71 3/4 SEP18 HI 5.83</u></div>
<div><u> LOW 5.63 LOW 5.71 1/4</u></div>
<div><u> CLOSE 5.63 3/4 Down 7 CLOSE 5.72 Down 9</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 1.47 1.40 1.21 0.36</u></div>
<div><u>CAD $/bu 6.37 6.30 6.11 6.00</u></div>
<div><u>CAD $/tonne 234.05 231.62 224.34 220.33</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 1.11 1.44 1.11 N/A 1.23 1.23 1.10 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 1.03 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 1.10 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Brigden N/A N/A 1.10 N/A N/A N/A 1.15 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 1.22 1.02 0.17 N/A 1.50 1.36 0.30</u></div>
<div><u>W O Feed 1.61</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 1.84 N/A N/A N/A 1.84 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.00US 6.61CA 5.00US 6.61CA</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 1.51 1.42 0.39</u></div>
<div><u>CAD $/bu 6.34 6.41 6.32 6.11</u></div>
<div><u>CAD $/tonne 233.08 235.51 232.11 224.34</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 515.34</u></div>
<div><u>DDG's FOB Srn & Aylm 250.00 - 260.00</u></div>
<div><br>
</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="LPlnk119129" 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="LPlnk486280" 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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<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>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p></o:p></span></span></p>
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