<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 27</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3295 up 0.0005</u></div>
<div><u>Chicago corn closed steady to slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 3.56 1/2 DEC18 HI 3.77 1/4</u></div>
<div><u> LOW 3.51 1/2 LOW 3.72 1/4</u></div>
<div><u> CLOSE3.52 1/2 Unchanged CLOSE 3.73 1/4 Unchanged</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 4.38 172.24 0.80 4.53 178.44</u></div>
<div><u>CK High 1.00 4.53 178.14 0.90 4.63 182.37</u></div>
<div><u>CK Avg 0.94 -0.17 4.47 175.84 0.83 -0.30 4.56 179.42</u></div>
<div><u>Essex Cty 0.95 4.48 176.17 0.80 4.53 178.44</u></div>
<div><u>Mdsx Low 0.95 4.48 176.17 0.80 4.53 178.44</u></div>
<div><u>Mdsx High 0.95 4.48 176.17 0.80 4.53 178.44</u></div>
<div><u>Mdsx Avg 0.95 -0.16 4.48 176.17 0.80 -0.32 4.53 178.44</u></div>
<div><u>Hensall 0.95 4.48 176.17 0.80 4.53 178.44</u></div>
<div><u>Bruce 0.95 4.48 176.17 0.80 4.53 178.44</u></div>
<div><u>Putnam 0.90 4.43 174.20 0.75 4.48 176.47</u></div>
<div><u>Burford 0.95 4.48 176.17 0.80 4.53 178.44</u></div>
<div><u>Port Perry 0.95 4.48 176.17 0.85 4.58 180.41</u></div>
<div><u>Norfolk 0.95 4.48 176.17 0.80 4.53 178.44</u></div>
<div><u>Palmerston 1.00 4.53 178.14 0.85 4.58 180.41</u></div>
<div><u>Varna 0.95 4.48 176.17 0.80 4.53 178.44</u></div>
<div><u>Trenton 0.94 4.47 175.78 0.90 4.63 182.37</u></div>
<div><u>Winchester 1.05 4.58 180.11 1.15 4.88 192.22</u></div>
<div><u>North Gower 1.09 4.62 181.68 1.09 4.82 189.85</u></div>
<div><u>Huron FOB 1.10 4.63 182.08 0.85 4.58 180.41</u></div>
<div><u>Kent FOB 1.10 4.63 182.08 0.85 4.58 180.41</u></div>
<div><u>Lamb FOB 1.10 4.63 182.08 0.85 4.58 180.41</u></div>
<div><u>Mdsx FOB 0.95 0.95N/A N/A 4.48 176.17 0.90 4.63 182.37</u></div>
<div><u>FOB SW Que 1.71 5.24 206.09N/A</u></div>
<div><u>Track 1.37 4.90 192.71N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.05 4.78 188.28</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.18 4.91 193.40</u></div>
<div><u>Aylmer-Eth N/A N/A 1.35 1.35 1.05 4.78 188.28</u></div>
<div><u>Sarn-Eth 1.25 1.25 1.30N/A 4.78 187.98N/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 4.83 190.25</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 4.93 194.18</u></div>
<div><u>W O Feed 1.58 5.10 200.82</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.65 5.18 203.73</u></div>
<div><u>Toledo El. 0.00 3.53 138.77 -0.27 3.47 136.47</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.85 4.58 1/4</u></div>
<div><u>HI SD CRN 0.90 4.63 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 1.3295 up 0.0005</u></div>
<div><u>Chicago soybeans closed steady to slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL18 HI 8.78 NOV18 HI 8.97 3/4</u></div>
<div><u> LOW 8.66 LOW 8.86 1/4</u></div>
<div><u> CLOSE8.67 1/2 Up 1/4 CLOSE 8.89 Up 1 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 2.50 11.18 410.612.50 11.39 418.51</u></div>
<div><u>CK High 2.60 11.28 414.292.60 11.49 422.19</u></div>
<div><u>CK Average 2.58 -0.2111.26 413.672.56 -0.2811.45 420.84</u></div>
<div><u>Essex Cty 2.55 11.23 412.452.45 11.34 416.67</u></div>
<div><u>Mdsx Low 2.60 11.28 414.292.58 11.47 421.45</u></div>
<div><u>Mdsx High 2.60 11.28 414.292.65 11.54 424.02</u></div>
<div><u>Mdsx Average 2.60 -0.1911.28 414.292.62 -0.2411.51 422.74</u></div>
<div><u>Hensall 2.60 11.28 414.292.65 11.54 424.02</u></div>
<div><u>Bruce 2.60 11.28 414.292.70 11.59 425.86</u></div>
<div><u>Putnam 2.45 11.13 408.772.40 11.29 414.84</u></div>
<div><u>Burford 2.67 11.35 416.862.65 11.54 424.02</u></div>
<div><u>Port Perry 2.57 11.25 413.182.55 11.44 420.35</u></div>
<div><u>Norfolk 2.60 11.28 414.292.70 11.59 425.86</u></div>
<div><u>Palmerston 2.55 11.23 412.452.55 11.44 420.35</u></div>
<div><u>Varna 2.60 11.28 414.292.70 11.59 425.86</u></div>
<div><u>Trenton 2.55 11.23 412.452.60 11.49 422.19</u></div>
<div><u>Winchester 2.35 11.03 405.102.40 11.29 414.84</u></div>
<div><u>North Gower 2.23 10.91 400.692.30 11.19 411.16</u></div>
<div><u>Huron FOB 2.70 11.38 417.962.75 11.64 427.70</u></div>
<div><u>Kent FOB 2.65 11.33 416.122.60 11.49 422.19</u></div>
<div><u>Lambton FOB 2.65 11.33 416.122.70 11.59 425.86</u></div>
<div><u>Middlesex FOB2.70 2.77 2.72 N/A 11.38 417.962.68 11.57 425.12</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.00 11.68 428.982.67 11.56 424.76</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.95 11.84 435.05</u></div>
<div><u>Prescott 2.34 11.02 404.732.93 11.82 434.31</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 8.61 316.31-0.40 8.49 312.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3295 up 0.0005</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>SEP18 HI 4.92 1/4 SEP18 HI 4.92 1/4</u></div>
<div><u> LOW 4.81 3/4 LOW 4.81 3/4</u></div>
<div><u> CLOSE 4.88 1/2 Up 5 1/2 CLOSE 4.88 1/2 Up 5 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>SEP18 HI 5.50 SEP18 HI 5.50</u></div>
<div><u> LOW 5.40 1/2 LOW 5.40 1/2</u></div>
<div><u> CLOSE 5.41 1/4 Down 4 1/4 CLOSE 5.41 1/4 Down 4 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 1.28 1.34 1.28 0.32</u></div>
<div><u>CAD $/bu 6.16 6.23 6.16 5.73</u></div>
<div><u>CAD $/tonne 226.43 228.87 226.43 210.67</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 1.01 N/A N/A N/A 1.06 N/A</u></div>
<div><u>London 1.00 1.33 1.00 N/A 1.13 1.13 1.00 N/A</u></div>
<div><u>Hensall 1.06 N/A 1.01 N/A 1.11 N/A 1.06 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.06 N/A</u></div>
<div><u>Bruce 1.06 1.06 1.01 N/A 1.11 1.21 1.06 0.55</u></div>
<div><u>Essex N/A N/A 0.75 N/A N/A N/A 0.92 N/A</u></div>
<div><u>Norwich 1.06 N/A 1.01 N/A 1.11 N/A 1.06 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A 1.05 1.05 N/A</u></div>
<div><u>Kent Bridge 1.06 N/A 1.01 N/A 1.11 N/A 1.06 N/A</u></div>
<div><u>Chatham N/A N/A 0.96 N/A N/A N/A 1.01 N/A</u></div>
<div><u>Brigden N/A N/A 0.96 N/A N/A N/A 1.01 N/A</u></div>
<div><u>Palmerston N/A 0.91 0.91 0.21 N/A 1.01 0.96 0.55</u></div>
<div><u>Varna 1.26 1.16 0.96 N/A 1.21 1.21 1.01 N/A</u></div>
<div><u>Mitchell 1.06 1.06 1.01 N/A 1.11 1.21 1.06 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 0.92 0.95 0.01 N/A 1.06 1.07 0.25</u></div>
<div><u>W O Feed 1.55</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 1.76 N/A N/A N/A 1.68 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.89US 6.49CA 4.89US 6.49CA</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 1.28 1.34 1.28 0.32</u></div>
<div><u>CAD $/bu 6.16 6.23 6.16 5.73</u></div>
<div><u>CAD $/tonne 226.43 228.87 226.43 210.67</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 526.14</u></div>
<div><u>DDG's FOB Srn & Aylm 240.00 - 250.00</u></div>
<div><u><br>
</u></div>
<p></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size: 12pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: Calibri, Arial, Helvetica, sans-serif, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;">
<p><span id="ms-rterangepaste-start"></span></p>
<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="LPlnk882486" 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="LPlnk493028" 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">519-674-1530</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%;
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"> to
unsubscribe from this report.</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<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>
<span id="ms-rterangepaste-end"></span><br>
<p></p>
</div>
</div>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
</body>
</html>