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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, June 19</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3257 up 0.0042</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 3.57 3/4 DEC18 HI 3.79</u></div>
<div><u> LOW 3.38 3/4 LOW 3.60</u></div>
<div><u> CLOSE3.53 3/4 Down 2 1/4 CLOSE 3.75 1/2 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 4.39 172.73 0.75 4.51 177.35</u></div>
<div><u>CK High 0.90 4.44 174.70 0.90 4.66 183.26</u></div>
<div><u>CK Avg 0.89 -0.20 4.43 174.37 0.78 -0.34 4.53 178.34</u></div>
<div><u>Essex Cty 0.90 4.44 174.70 0.75 4.51 177.35</u></div>
<div><u>Mdsx Low 0.90 4.44 174.70 0.75 4.51 177.35</u></div>
<div><u>Mdsx High 0.90 4.44 174.70 0.75 4.51 177.35</u></div>
<div><u>Mdsx Avg 0.90 -0.19 4.44 174.70 0.75 -0.36 4.51 177.35</u></div>
<div><u>Hensall 0.93 4.46 175.68 0.78 4.53 178.34</u></div>
<div><u>Bruce 0.90 4.44 174.70 0.75 4.51 177.35</u></div>
<div><u>Putnam 0.90 4.44 174.70 0.75 4.51 177.35</u></div>
<div><u>Burford 0.90 4.44 174.70 0.75 4.51 177.35</u></div>
<div><u>Port Perry 0.90 4.44 174.70 0.85 4.61 181.29</u></div>
<div><u>Norfolk 0.90 4.44 174.70 0.75 4.51 177.35</u></div>
<div><u>Palmerston 0.90 4.44 174.70 0.75 4.51 177.35</u></div>
<div><u>Varna 0.95 4.49 176.67 0.80 4.56 179.32</u></div>
<div><u>Trenton 0.90 4.44 174.70 0.90 4.66 183.26</u></div>
<div><u>Winchester 1.11 4.65 182.96 1.16 4.92 193.49</u></div>
<div><u>North Gower 1.09 4.63 182.18 1.15 4.91 193.10</u></div>
<div><u>Huron FOB 1.05 4.59 180.60 0.80 4.56 179.32</u></div>
<div><u>Kent FOB 1.05 4.59 180.60 0.83 4.59 180.50</u></div>
<div><u>Lamb FOB 1.10 4.64 182.57 0.80 4.56 179.32</u></div>
<div><u>Mdsx FOB 0.95 0.95N/A N/A 4.49 176.67 0.85 4.61 181.29</u></div>
<div><u>FOB SW Que 1.68 5.22 205.40N/A</u></div>
<div><u>Track 1.30 4.84 190.44N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.06 4.82 189.56</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.13 4.89 192.31</u></div>
<div><u>Aylmer-Eth N/A N/A 1.30 1.30 1.00 4.76 187.20</u></div>
<div><u>Sarn-Eth 1.15 1.20 1.25N/A 4.69 184.54N/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 4.86 191.13</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 4.96 195.07</u></div>
<div><u>W O Feed 1.49 5.03 198.08</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.54 5.08 199.89</u></div>
<div><u>Toledo El. -0.07 3.47 136.66 -0.27 3.49 137.37</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.82 1/2 4.58</u></div>
<div><u>HI SD CRN 0.90 4.65 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3257 up 0.0042</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 9.05 3/4 NOV18 HI 9.29</u></div>
<div><u> LOW 8.41 1/2 LOW 8.64 1/2</u></div>
<div><u> CLOSE8.89 Down 19 1/2 CLOSE 9.11 Down 20 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 2.40 11.29 414.842.35 11.46 421.08</u></div>
<div><u>CK High 2.50 11.39 418.512.40 11.51 422.92</u></div>
<div><u>CK Average 2.45 -0.3411.34 416.672.39 -0.4511.50 422.55</u></div>
<div><u>Essex Cty 2.45 11.34 416.672.30 11.41 419.25</u></div>
<div><u>Mdsx Low 2.45 11.34 416.672.39 11.50 422.55</u></div>
<div><u>Mdsx High 2.50 11.39 418.512.40 11.51 422.92</u></div>
<div><u>Mdsx Average 2.48 -0.3211.37 417.592.40 -0.4511.51 422.74</u></div>
<div><u>Hensall 2.45 11.34 416.672.40 11.51 422.92</u></div>
<div><u>Bruce 2.45 11.34 416.672.40 11.51 422.92</u></div>
<div><u>Putnam 2.45 11.34 416.672.40 11.51 422.92</u></div>
<div><u>Burford 2.57 11.46 421.082.46 11.57 425.12</u></div>
<div><u>Port Perry 2.47 11.36 417.412.36 11.47 421.45</u></div>
<div><u>Norfolk 2.45 11.34 416.672.40 11.51 422.92</u></div>
<div><u>Palmerston 2.45 11.34 416.672.40 11.51 422.92</u></div>
<div><u>Varna 2.45 11.34 416.672.40 11.51 422.92</u></div>
<div><u>Trenton 2.40 11.29 414.842.40 11.51 422.92</u></div>
<div><u>Winchester 2.29 11.18 410.792.36 11.47 421.45</u></div>
<div><u>North Gower 2.45 11.34 416.672.56 11.67 428.80</u></div>
<div><u>Huron FOB 2.55 11.44 420.352.50 11.61 426.59</u></div>
<div><u>Kent FOB 2.60 11.49 422.192.40 11.51 422.92</u></div>
<div><u>Lambton FOB 2.60 11.49 422.192.50 11.61 426.59</u></div>
<div><u>Middlesex FOB2.73 2.80 2.74 N/A 11.62 426.962.69 11.80 433.58</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.98 11.87 436.152.72 11.83 434.68</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.70 11.81 433.94</u></div>
<div><u>Prescott 2.31 11.20 411.532.75 11.86 435.78</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.20 8.69 319.34-0.40 8.71 320.09</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3257 up 0.0042</u></div>
<div><u>Chicago wheat closed lower.</u></div>
<div><u>JUL18 HI 4.90 1/2 JUL18 HI 4.90 1/2</u></div>
<div><u> LOW 4.67 1/2 LOW 4.67 1/2</u></div>
<div><u> CLOSE 4.77 3/4 Down 12 1/4 CLOSE 4.77 3/4 Down 12 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower to lower.</u></div>
<div><u>JUL18 HI 5.63 3/4 SEP18 HI 5.73 1/2</u></div>
<div><u> LOW 5.41 3/4 LOW 5.54 3/4</u></div>
<div><u> CLOSE 5.49 1/2 Down 14 1/4 CLOSE 5.60 1/2 Down 11 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 1.45 1.38 1.18 0.33</u></div>
<div><u>CAD $/bu 6.23 6.16 5.96 5.83</u></div>
<div><u>CAD $/tonne 228.83 226.39 219.08 214.09</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 1.43 1.10 N/A 1.23 1.23 1.09 N/A</u></div>
<div><u>Hensall 1.15 N/A 1.10 N/A 1.20 N/A 1.15 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 1.10 N/A 1.20 N/A 1.15 N/A</u></div>
<div><u>Port Hope N/A N/A 1.10 N/A N/A 1.10 1.15 N/A</u></div>
<div><u>Kent Bridge 1.15 N/A 1.10 N/A 1.20 N/A 1.15 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 1.10 N/A 1.20 1.20 1.15 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.52 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.19 0.99 0.14 N/A 1.46 1.32 0.27</u></div>
<div><u>W O Feed 1.58</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 1.82 N/A N/A N/A 1.83 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.88US 6.47CA 4.88US 6.48CA</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 6.21 6.28 6.19 5.98</u></div>
<div><u>CAD $/tonne 228.28 230.72 227.30 219.86</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 514.24</u></div>
<div><u>DDG's FOB Srn & Aylm 250.00 - 260.00</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="LPlnk81473" 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="LPlnk474970" 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>
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