FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 28 (All Bases in CAD) Exchange rate was 1.3255 down 0.0040 Chicago corn closed moderately lower. SEP18 HI 3.61 3/4 DEC18 HI 3.73 LOW 3.54 LOW 3.65 1/2 CLOSE3.54 1/4 Down 7 1/2 CLOSE 3.66 Down 7 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP18+SEP18+DEC18 CK Low 0.76 4.30 169.38 0.80 4.46 175.58 CK High 0.95 4.49 176.86 0.90 4.56 179.52 CK Avg 0.91 -0.18 4.45 175.35 0.83 -0.28 4.49 176.57 Essex Cty 0.95 4.49 176.86 0.80 4.46 175.58 Mdsx Low 0.95 4.49 176.86 0.80 4.46 175.58 Mdsx High 0.95 4.49 176.86 0.80 4.46 175.58 Mdsx Avg 0.95 -0.15 4.49 176.86 0.80 -0.30 4.46 175.58 Hensall 0.95 4.49 176.86 0.80 4.46 175.58 Bruce 0.95 4.49 176.86 0.80 4.46 175.58 Putnam 0.81 4.35 171.35 0.75 4.41 173.61 Burford 0.95 4.49 176.86 0.80 4.46 175.58 Port Perry 0.95 4.49 176.86 0.85 4.51 177.55 Norfolk 0.95 4.49 176.86 0.80 4.46 175.58 Palmerston 0.91 4.45 175.29 0.85 4.51 177.55 Varna 0.95 4.49 176.86 0.80 4.46 175.58 Trenton 0.95 4.49 176.86 0.90 4.56 179.52 Winchester 1.10 4.64 182.77 1.15 4.81 189.36 North Gower 1.00 4.54 178.83 1.09 4.75 187.00 Huron FOB 1.10 4.64 182.77 0.85 4.51 177.55 Kent FOB 1.15 4.69 184.74 0.85 4.51 177.55 Lamb FOB 1.05 4.59 180.80 0.85 4.51 177.55 Mdsx FOB 0.95 0.95N/A N/A 4.49 176.86 0.90 4.56 179.52 FOB SW Que 1.70 5.24 206.39N/A Track 1.28 4.82 189.85N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.05 4.71 185.42 Jhnstwn-Eth N/A N/A N/A N/A 1.18 4.84 190.54 Aylmer-Eth N/A N/A 1.35 1.35 1.05 4.71 185.42 Sarn-Eth 1.16 1.16 1.30N/A 4.70 185.13N/A Kawartha N/A N/A N/A N/A N/A London-Ing N/A N/A 1.35 1.35 1.10 4.76 187.39 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A N/A 1.20 4.86 191.33 W O Feed 1.49 5.03 197.96 US Rep 1.56 5.10 200.88 Toledo El. -0.12 3.42 134.77 -0.27 3.39 133.65 MID SD CRN 0.85 4.51 HI SD CRN 0.90 4.56 *Wet Bid Exchange rate was 1.3255 down 0.0040 Chicago soybeans closed slightly lower. AUG18 HI 8.75 NOV18 HI 8.92 LOW 8.65 LOW 8.81 1/2 CLOSE8.66 3/4 Down 6 1/4 CLOSE 8.83 1/2 Down 5 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV18 CK Low 2.48 11.15 409.602.50 11.34 416.49 CK High 2.55 11.22 412.172.60 11.44 420.16 CK Average 2.54 -0.2111.21 411.742.57 -0.2311.41 419.12 Essex Cty 2.50 11.17 410.342.45 11.29 414.65 Mdsx Low 2.48 11.15 409.602.53 11.37 417.59 Mdsx High 2.55 11.22 412.172.65 11.49 422.00 Mdsx Average 2.52 -0.2311.18 410.892.59 -0.2211.43 419.80 Hensall 2.55 11.22 412.172.65 11.49 422.00 Bruce 2.55 11.22 412.172.65 11.49 422.00 Putnam 2.45 11.12 408.502.40 11.24 412.82 Burford 2.55 11.22 412.172.60 11.44 420.16 Port Perry 2.45 11.12 408.502.50 11.34 416.49 Norfolk 2.55 11.22 412.172.65 11.49 422.00 Palmerston 2.55 11.22 412.172.65 11.49 422.00 Varna 2.55 11.22 412.172.65 11.49 422.00 Trenton 2.55 11.22 412.172.60 11.44 420.16 Winchester 2.35 11.02 404.822.40 11.24 412.82 North Gower 2.18 10.85 398.582.30 11.14 409.14 Huron FOB 2.65 11.32 415.852.75 11.59 425.68 Kent FOB 2.60 11.27 414.012.60 11.44 420.16 Lambton FOB 2.61 11.28 414.382.70 11.54 423.84 Middlesex FOB2.59 2.65 2.67 N/A 11.26 413.642.63 11.47 421.27 PROCESSORS Windsor 2.96 11.63 427.242.75 11.59 425.68 TRANSFER Hamilton N/A 2.90 11.74 431.19 Prescott 2.25 10.92 401.152.84 11.68 428.98 Toledo El. -0.13 8.53 313.61-0.40 8.44 310.02 Exchange rate was 1.3255 down 0.0040 Chicago wheat closed slightly lower. SEP18 HI 4.92 3/4 SEP18 HI 4.92 3/4 LOW 4.82 3/4 LOW 4.82 3/4 CLOSE 4.83 1/2 Down 5 CLOSE 4.83 1/2 Down 5 Minni wheat closed slightly lower. SEP18 HI 5.43 1/2 SEP18 HI 5.43 1/2 LOW 5.35 3/4 LOW 5.35 3/4 CLOSE 5.37 1/2 Down 3 3/4 CLOSE 5.37 1/2 Down 3 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.24 1.18 1.24 0.29 CAD $/bu 6.08 6.01 6.08 5.67 CAD $/tonne 223.30 220.87 223.30 208.20 Direct MarkHarvest 2017 Harvest 2018 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A N/A N/A N/A N/A 1.00 N/A London 1.07 1.40 1.07 N/A 1.07 1.40 1.07 N/A Hensall 1.10 N/A 1.00 N/A 1.10 N/A 1.00 N/A Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A Bruce 1.10 1.20 1.00 N/A 1.10 1.20 1.00 0.55 Essex N/A N/A 0.75 N/A N/A N/A 0.92 N/A Norwich 1.10 N/A 1.00 N/A 1.10 N/A 1.00 N/A Port Hope N/A N/A N/A N/A N/A 1.05 1.05 N/A Kent Bridge 1.10 N/A 1.00 N/A 1.10 N/A 1.00 N/A Chatham N/A N/A 1.01 N/A N/A N/A 1.00 N/A Brigden N/A N/A 1.01 N/A N/A N/A 1.00 N/A Palmerston N/A 0.96 0.96 0.18 N/A 1.06 1.01 0.55 Varna 1.26 1.16 1.00 N/A 1.20 1.20 1.00 N/A Mitchell 1.10 1.20 1.00 N/A 1.10 1.20 1.00 N/A Thornton N/A N/A N/A 0.66 N/A N/A N/A N/A North Gower N/A 1.00 0.96 -0.02 N/A 1.07 1.06 0.25 W O Feed 1.55 PROCESSORS Toledo FM N/A N/A 1.79 N/A N/A N/A 1.64 N/A Toledo El. 4.84US 6.41CA 4.84US 6.41CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.24 1.18 1.24 0.29 CAD $/bu 6.08 6.01 6.08 5.67 CAD $/tonne 223.30 220.87 223.30 208.20 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 524.38 DDG's FOB Srn & Aylm 240.00 - 250.00