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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, July 2</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3188 up 0.0049</u></div>
<div><u>Chicago corn closed lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP18 HI 3.62 1/4 DEC18 HI 3.74</u></div>
<div><u> LOW 3.46 3/4 LOW 3.58 1/2</u></div>
<div><u> CLOSE3.47 Down 12 1/2 CLOSE 3.59 Down 12 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+DEC18+DEC18</u></div>
<div><u>CK Low 0.80 4.27 168.10 0.80 4.39 172.83</u></div>
<div><u>CK High 1.00 4.47 175.98 0.85 4.44 174.80</u></div>
<div><u>CK Avg 0.93 -0.13 4.40 173.35 0.81 -0.25 4.40 173.15</u></div>
<div><u>Essex Cty 0.95 4.42 174.01 0.80 4.39 172.83</u></div>
<div><u>Mdsx Low 0.95 4.42 174.01 0.80 4.39 172.83</u></div>
<div><u>Mdsx High 0.95 4.42 174.01 0.80 4.39 172.83</u></div>
<div><u>Mdsx Avg 0.95 -0.12 4.42 174.01 0.80 -0.25 4.39 172.83</u></div>
<div><u>Hensall 0.95 4.42 174.01 0.80 4.39 172.83</u></div>
<div><u>Bruce 0.95 4.42 174.01 0.80 4.39 172.83</u></div>
<div><u>Putnam 0.95 4.42 174.01 0.80 4.39 172.83</u></div>
<div><u>Burford 0.95 4.42 174.01 0.80 4.39 172.83</u></div>
<div><u>Port Perry 0.95 4.42 174.01 0.85 4.44 174.80</u></div>
<div><u>Norfolk 0.95 4.42 174.01 0.80 4.39 172.83</u></div>
<div><u>Palmerston 1.00 4.47 175.98 0.85 4.44 174.80</u></div>
<div><u>Varna 0.95 4.42 174.01 0.80 4.39 172.83</u></div>
<div><u>Trenton 0.95 4.42 174.01 0.90 4.49 176.76</u></div>
<div><u>Winchester 1.10 4.57 179.91 1.15 4.74 186.61</u></div>
<div><u>North Gower 1.00 4.47 175.98 1.09 4.68 184.24</u></div>
<div><u>Huron FOB 1.10 4.57 179.91 0.85 4.44 174.80</u></div>
<div><u>Kent FOB 1.15 4.62 181.88 0.85 4.44 174.80</u></div>
<div><u>Lamb FOB 1.15 4.62 181.88 0.85 4.44 174.80</u></div>
<div><u>Mdsx FOB 0.95 0.95N/A N/A 4.42 174.01 0.90 4.49 176.76</u></div>
<div><u>FOB SW Que 1.76 5.23 205.90N/A</u></div>
<div><u>Track 1.33 4.80 188.77N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.38 1.05 4.64 182.67</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.39 1.18 4.77 187.79</u></div>
<div><u>Aylmer-Eth N/A 1.35 1.35 1.40 1.05 4.64 182.67</u></div>
<div><u>Sarn-Eth 1.25 1.30 1.25N/A 4.72 185.82N/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 N/A 1.50 1.15 4.74 186.61</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 1.50 1.20 4.79 188.57</u></div>
<div><u>W O Feed 1.48 4.95 194.79</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.52 4.99 196.45</u></div>
<div><u>Toledo El. -0.11 3.36 132.45 -0.26 3.33 130.97</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.82 1/2 4.41 1/2</u></div>
<div><u>HI SD CRN 0.85 4.441</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3188 up 0.0049</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> AUG18 HI 8.68 NOV18 HI 8.85</u></div>
<div><u> LOW 8.50 1/2 LOW 8.66 1/4</u></div>
<div><u> CLOSE8.53 1/2 Down 10 CLOSE 8.69 1/2 Down 10 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 +AUG1+AUG1+NOV18</u></div>
<div><u>CK Low 2.35 10.89 399.962.39 11.09 407.30</u></div>
<div><u>CK High 2.55 11.09 407.302.60 11.30 415.02</u></div>
<div><u>CK Average 2.48 -0.1911.01 404.552.49 -0.1911.19 410.98</u></div>
<div><u>Essex Cty 2.40 10.94 401.792.35 11.05 405.83</u></div>
<div><u>Mdsx Low 2.35 10.89 399.962.39 11.09 407.30</u></div>
<div><u>Mdsx High 2.50 11.04 405.472.55 11.25 413.18</u></div>
<div><u>Mdsx Average 2.43 -0.2210.96 402.712.47 -0.2111.17 410.24</u></div>
<div><u>Hensall 2.50 11.04 405.472.58 11.27 414.10</u></div>
<div><u>Bruce 2.50 11.04 405.472.55 11.25 413.18</u></div>
<div><u>Putnam 2.50 11.04 405.472.55 11.25 413.18</u></div>
<div><u>Burford 2.42 10.96 402.532.46 11.16 409.88</u></div>
<div><u>Port Perry 2.32 10.86 398.852.36 11.06 406.20</u></div>
<div><u>Norfolk 2.45 10.99 403.632.55 11.25 413.18</u></div>
<div><u>Palmerston 2.55 11.09 407.302.65 11.35 416.86</u></div>
<div><u>Varna 2.50 11.04 405.472.60 11.30 415.02</u></div>
<div><u>Trenton 2.50 11.04 405.472.50 11.20 411.35</u></div>
<div><u>Winchester 2.46 11.00 404.002.48 11.18 410.61</u></div>
<div><u>North Gower 2.18 10.72 393.712.30 11.00 404.00</u></div>
<div><u>Huron FOB 2.60 11.14 409.142.70 11.40 418.69</u></div>
<div><u>Kent FOB 2.50 11.04 405.472.50 11.20 411.35</u></div>
<div><u>Lambton FOB 2.55 11.09 407.302.60 11.30 415.02</u></div>
<div><u>Middlesex FOB2.52 2.54 2.54 N/A 11.06 406.202.49 11.19 410.98</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.86 11.40 418.692.65 11.35 416.86</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.90 11.60 426.04</u></div>
<div><u>Prescott 2.25 10.79 396.282.84 11.54 423.84</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.12 8.42 309.25-0.39 8.30 304.98</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3188 up 0.0049</u></div>
<div><u>Chicago wheat closed lower.</u></div>
<div><u>SEP18 HI 5.09 3/4 JUL19 HI 5.57 1/4</u></div>
<div><u> LOW 4.79 1/2 LOW 5.28 1/2</u></div>
<div><u> CLOSE 4.80 1/4 Down 21 CLOSE 5.29 1/2 Down 19</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>SEP18 HI 5.44 1/4 SEP19 HI 5.95 1/4</u></div>
<div><u> LOW 5.25 3/4 LOW 5.90 1/4</u></div>
<div><u> CLOSE 5.27 Down 9 3/4 CLOSE 5.91 Down 7 1/2</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 1.20 1.14 1.20 0.23</u></div>
<div><u>CAD $/bu 6.00 5.94 6.00 5.50</u></div>
<div><u>CAD $/tonne 220.61 218.18 220.61 202.07</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2018 Harvest 2019</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 1.00 N/A N/A N/A 1.00 N/A</u></div>
<div><u>London 1.11 1.25 0.99 N/A 1.33 1.26 0.96 N/A</u></div>
<div><u>Hensall 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A</u></div>
<div><u>Trenton N/A N/A 1.00 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 1.10 1.20 1.00 0.55 1.20 1.20 1.00 0.50</u></div>
<div><u>Essex N/A N/A 0.90 N/A N/A N/A 0.98 N/A</u></div>
<div><u>Norwich 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A</u></div>
<div><u>Port Hope N/A 1.05 1.05 N/A N/A 1.05 1.05 N/A</u></div>
<div><u>Kent Bridge 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A</u></div>
<div><u>Chatham N/A N/A 1.00 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Brigden N/A N/A 1.00 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Palmerston N/A 1.10 1.05 0.55 N/A 0.65 0.95 N/A</u></div>
<div><u>Varna 1.20 1.20 1.00 N/A 1.00 1.10 0.90 N/A</u></div>
<div><u>Mitchell 1.10 1.20 1.00 N/A 1.20 1.20 1.00 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.78 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.02 1.04 0.19 N/A 1.19 1.19 0.12</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 1.66 N/A N/A N/A 1.80 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.80US 6.33CA 5.15US 6.77CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.34 1.28 1.28 0.42</u></div>
<div><u>CAD $/bu 6.64 6.57 6.57 6.33</u></div>
<div><u>CAD $/tonne 243.91 241.49 241.49 232.55</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 521.40</u></div>
<div><u>DDG's FOB Srn & Aylm 240.00 - 245.00</u></div>
<div><u><br>
</u></div>
<u></u>
<p class="MsoNormal" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><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" style="" id="LPlnk729422" class="OWAAutoLink" previewremoved="true"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1500</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530" style="" id="LPlnk354029" class="OWAAutoLink" previewremoved="true"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1530</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
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<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
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