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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 20</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3294 up 0.0037</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 3.57 DEC18 HI 3.78 1/2</u></div>
<div><u> LOW 3.47 1/2 LOW 3.69</u></div>
<div><u> CLOSE3.54 1/4 Up 1/2 CLOSE 3.75 3/4 Up 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 4.39 172.93 0.75 4.51 177.45</u></div>
<div><u>CK High 0.95 4.49 176.86 0.90 4.66 183.36</u></div>
<div><u>CK Avg 0.90 -0.20 4.44 174.89 0.78 -0.34 4.54 178.76</u></div>
<div><u>Essex Cty 0.95 4.49 176.86 0.80 4.56 179.42</u></div>
<div><u>Mdsx Low 0.90 4.44 174.89 0.75 4.51 177.45</u></div>
<div><u>Mdsx High 0.90 4.44 174.89 0.75 4.51 177.45</u></div>
<div><u>Mdsx Avg 0.90 -0.20 4.44 174.89 0.75 -0.37 4.51 177.45</u></div>
<div><u>Hensall 0.93 4.47 175.88 0.78 4.53 178.44</u></div>
<div><u>Bruce 0.90 4.44 174.89 0.75 4.51 177.45</u></div>
<div><u>Putnam 0.90 4.44 174.89 0.75 4.51 177.45</u></div>
<div><u>Burford 0.90 4.44 174.89 0.75 4.51 177.45</u></div>
<div><u>Port Perry 0.90 4.44 174.89 0.85 4.61 181.39</u></div>
<div><u>Norfolk 0.95 4.49 176.86 0.80 4.56 179.42</u></div>
<div><u>Palmerston 0.90 4.44 174.89 0.75 4.51 177.45</u></div>
<div><u>Varna 0.95 4.49 176.86 0.80 4.56 179.42</u></div>
<div><u>Trenton 0.90 4.44 174.89 0.90 4.66 183.36</u></div>
<div><u>Winchester 1.11 4.65 183.16 1.16 4.92 193.59</u></div>
<div><u>North Gower 1.09 4.63 182.37 1.15 4.91 193.20</u></div>
<div><u>Huron FOB 1.08 4.62 181.98 0.85 4.61 181.39</u></div>
<div><u>Kent FOB 1.10 4.64 182.77 0.85 4.61 181.39</u></div>
<div><u>Lamb FOB 1.10 4.64 182.77 0.80 4.56 179.42</u></div>
<div><u>Mdsx FOB 0.95 0.95N/A N/A 4.49 176.86 0.85 4.61 181.39</u></div>
<div><u>FOB SW Que 1.68 5.22 205.60N/A</u></div>
<div><u>Track 1.30 4.84 190.64N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.06 4.82 189.66</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.13 4.89 192.41</u></div>
<div><u>Aylmer-Eth N/A N/A 1.30 1.30 1.00 4.76 187.29</u></div>
<div><u>Sarn-Eth 1.15 1.20 1.25N/A 4.69 184.74N/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 4.86 191.23</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 4.96 195.17</u></div>
<div><u>W O Feed 1.49 5.04 198.28</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.54 5.08 200.09</u></div>
<div><u>Toledo El. -0.07 3.48 136.85 -0.27 3.49 137.46</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.82 1/2 4.58 1/4</u></div>
<div><u>HI SD CRN 0.90 4.65 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 1.3294 up 0.0037</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 8.96 NOV18 HI 9.17 1/2</u></div>
<div><u> LOW 8.77 LOW 8.98 1/2</u></div>
<div><u> CLOSE8.89 1/2 Up 1/2 CLOSE 9.10 1/2 Down 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 11.30 415.022.40 11.51 422.74</u></div>
<div><u>CK High 2.50 11.40 418.692.46 11.57 424.94</u></div>
<div><u>CK Average 2.47 -0.3511.36 417.472.44 -0.4211.54 424.02</u></div>
<div><u>Essex Cty 2.45 11.35 416.862.35 11.46 420.90</u></div>
<div><u>Mdsx Low 2.50 11.40 418.692.45 11.56 424.57</u></div>
<div><u>Mdsx High 2.50 11.40 418.692.46 11.57 424.94</u></div>
<div><u>Mdsx Average 2.50 -0.3211.40 418.692.46 -0.4111.56 424.76</u></div>
<div><u>Hensall 2.50 11.40 418.692.45 11.56 424.57</u></div>
<div><u>Bruce 2.50 11.40 418.692.45 11.56 424.57</u></div>
<div><u>Putnam 2.45 11.35 416.862.40 11.51 422.74</u></div>
<div><u>Burford 2.57 11.47 421.272.53 11.64 427.51</u></div>
<div><u>Port Perry 2.47 11.37 417.592.43 11.54 423.84</u></div>
<div><u>Norfolk 2.45 11.35 416.862.50 11.61 426.41</u></div>
<div><u>Palmerston 2.45 11.35 416.862.40 11.51 422.74</u></div>
<div><u>Varna 2.50 11.40 418.692.45 11.56 424.57</u></div>
<div><u>Trenton 2.50 11.40 418.692.60 11.71 430.09</u></div>
<div><u>Winchester 2.30 11.20 411.352.38 11.49 422.00</u></div>
<div><u>North Gower 2.45 11.35 416.862.56 11.67 428.62</u></div>
<div><u>Huron FOB 2.60 11.50 422.372.55 11.66 428.25</u></div>
<div><u>Kent FOB 2.60 11.50 422.372.45 11.56 424.57</u></div>
<div><u>Lambton FOB 2.65 11.55 424.212.60 11.71 430.09</u></div>
<div><u>Middlesex FOB2.74 2.80 2.74 N/A 11.64 427.512.70 11.81 433.76</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.01 11.91 437.432.75 11.86 435.60</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.80 11.91 437.43</u></div>
<div><u>Prescott 2.31 11.21 411.712.75 11.86 435.60</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.20 8.70 319.51-0.40 8.71 319.90</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3294 up 0.0037</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>JUL18 HI 4.90 JUL18 HI 4.90</u></div>
<div><u> LOW 4.74 3/4 LOW 4.74 3/4</u></div>
<div><u> CLOSE 4.88 1/4 Up 10 1/2 CLOSE 4.88 1/4 Up 10 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>JUL18 HI 5.58 1/2 SEP18 HI 5.69 1/2</u></div>
<div><u> LOW 5.48 1/2 LOW 5.59 1/4</u></div>
<div><u> CLOSE 5.52 3/4 Up 3 1/4 CLOSE 5.63 1/4 Up 2 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 1.50 1.44 1.24 0.36</u></div>
<div><u>CAD $/bu 6.38 6.32 6.12 5.89</u></div>
<div><u>CAD $/tonne 234.59 232.15 224.82 216.28</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 1.10 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 1.10 N/A 1.20 1.30 1.15 0.55</u></div>
<div><u>Essex N/A N/A 0.86 N/A N/A N/A 1.02 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 1.30 1.15 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.60 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.19 0.99 0.12 N/A 1.46 1.31 0.26</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 1.87 N/A N/A N/A 1.87 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.98US 6.62CA 4.98US 6.62CA</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 1.48 1.54 1.45 0.39</u></div>
<div><u>CAD $/bu 6.36 6.42 6.33 6.03</u></div>
<div><u>CAD $/tonne 233.62 236.06 232.64 221.41</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 512.80</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="LPlnk680533" 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="LPlnk414937" 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;
line-height:115%;font-family:"Courier New";color:#333333"><br>
<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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background:#FDFDFD"> to
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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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