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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, July 9</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3094 up 0.0005</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP18 HI 3.59 1/4 DEC18 HI 3.72</u></div>
<div><u> LOW 3.50 1/2 LOW 3.63 1/4</u></div>
<div><u> CLOSE3.54 Down 6 1/4 CLOSE 3.67 Down 6</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 4.34 170.86 0.80 4.47 175.98</u></div>
<div><u>CK High 1.00 4.54 178.73 0.85 4.52 177.94</u></div>
<div><u>CK Avg 0.93 -0.12 4.47 176.11 0.81 -0.23 4.48 176.30</u></div>
<div><u>Essex Cty 0.95 4.49 176.76 0.80 4.47 175.98</u></div>
<div><u>Mdsx Low 0.95 4.49 176.76 0.80 4.47 175.98</u></div>
<div><u>Mdsx High 0.95 4.49 176.76 0.80 4.47 175.98</u></div>
<div><u>Mdsx Avg 0.95 -0.11 4.49 176.76 0.80 -0.24 4.47 175.98</u></div>
<div><u>Hensall 0.95 4.49 176.76 0.80 4.47 175.98</u></div>
<div><u>Bruce 0.95 4.49 176.76 0.80 4.47 175.98</u></div>
<div><u>Putnam 0.95 4.49 176.76 0.80 4.47 175.98</u></div>
<div><u>Burford 0.95 4.49 176.76 0.80 4.47 175.98</u></div>
<div><u>Port Perry 0.95 4.49 176.76 0.85 4.52 177.94</u></div>
<div><u>Norfolk 0.95 4.49 176.76 0.80 4.47 175.98</u></div>
<div><u>Palmerston 1.00 4.54 178.73 0.85 4.52 177.94</u></div>
<div><u>Varna 0.95 4.49 176.76 0.80 4.47 175.98</u></div>
<div><u>Trenton 0.95 4.49 176.76 0.90 4.57 179.91</u></div>
<div><u>Winchester 1.15 4.69 184.64 1.15 4.82 189.76</u></div>
<div><u>North Gower 1.05 4.59 180.70 1.10 4.77 187.79</u></div>
<div><u>Huron FOB 1.15 4.69 184.64 0.85 4.52 177.94</u></div>
<div><u>Kent FOB 1.15 4.69 184.64 0.85 4.52 177.94</u></div>
<div><u>Lamb FOB 1.15 4.69 184.64 0.85 4.52 177.94</u></div>
<div><u>Mdsx FOB 0.95 0.95N/A N/A 4.49 176.76 0.90 4.57 179.91</u></div>
<div><u>FOB SW Que 1.72 5.26 207.08N/A</u></div>
<div><u>Track 1.40 4.94 194.48N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.01 0.97 4.64 182.67</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.20 1.07 4.74 186.61</u></div>
<div><u>Aylmer-Eth N/A 1.35 1.35 1.40 1.05 4.72 185.82</u></div>
<div><u>Sarn-Eth 1.25 1.30 1.25N/A 4.79 188.57N/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 4.82 189.76</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.35* 5.02 197.63</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 1.55 1.25 4.92 193.69</u></div>
<div><u>W O Feed 1.52 5.06 199.36</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.50 5.04 198.42</u></div>
<div><u>Toledo El. -0.07 3.47 136.79 -0.26 3.41 134.23</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.82 1/2 4.49 1/2</u></div>
<div><u>HI SD CRN 0.85 4.521</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3094 up 0.0005</u></div>
<div><u>Chicago soybeans closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> AUG18 HI 8.79 3/4 NOV18 HI 8.97</u></div>
<div><u> LOW 8.50 1/2 LOW 8.66 1/2</u></div>
<div><u> CLOSE8.55 3/4 Down 21 3/4 CLOSE 8.72 Down 22 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 2.30 10.86 398.942.33 11.05 406.02</u></div>
<div><u>CK High 2.45 11.01 404.462.40 11.12 408.59</u></div>
<div><u>CK Average 2.41 -0.1810.97 403.112.37 -0.2011.09 407.55</u></div>
<div><u>Essex Cty 2.45 11.01 404.462.30 11.02 404.92</u></div>
<div><u>Mdsx Low 2.43 10.99 403.722.33 11.05 406.02</u></div>
<div><u>Mdsx High 2.45 11.01 404.462.45 11.17 410.43</u></div>
<div><u>Mdsx Average 2.44 -0.1611.00 404.092.39 -0.1811.11 408.22</u></div>
<div><u>Hensall 2.45 11.01 404.462.45 11.17 410.43</u></div>
<div><u>Bruce 2.45 11.01 404.462.45 11.17 410.43</u></div>
<div><u>Putnam 2.40 10.96 402.622.40 11.12 408.59</u></div>
<div><u>Burford 2.50 11.06 406.292.40 11.12 408.59</u></div>
<div><u>Port Perry 2.40 10.96 402.622.30 11.02 404.92</u></div>
<div><u>Norfolk 2.45 11.01 404.462.45 11.17 410.43</u></div>
<div><u>Palmerston 2.40 10.96 402.622.40 11.12 408.59</u></div>
<div><u>Varna 2.40 10.96 402.622.40 11.12 408.59</u></div>
<div><u>Trenton 2.35 10.91 400.782.40 11.12 408.59</u></div>
<div><u>Winchester 2.35 10.91 400.782.41 11.13 408.96</u></div>
<div><u>North Gower 2.15 10.71 393.432.33 11.05 406.02</u></div>
<div><u>Huron FOB 2.55 11.11 408.132.55 11.27 414.10</u></div>
<div><u>Kent FOB 2.55 11.11 408.132.40 11.12 408.59</u></div>
<div><u>Lambton FOB 2.45 11.01 404.462.50 11.22 412.26</u></div>
<div><u>Middlesex FOB2.66 2.66 2.53 N/A 11.22 412.172.57 11.29 414.84</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.80 11.36 417.322.57 11.29 414.84</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.75 11.47 421.45</u></div>
<div><u>Prescott 2.01 10.57 388.292.72 11.44 420.35</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.05 8.51 312.51-0.39 8.33 306.06</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3094 up 0.0005</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>SEP18 HI 5.14 JUL19 HI 5.55 3/4</u></div>
<div><u> LOW 5.03 1/2 LOW 5.49</u></div>
<div><u> CLOSE 5.08 Down 7 1/4 CLOSE 5.55 Down 2 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>SEP18 HI 5.58 1/2 SEP19 HI 6.08 1/2</u></div>
<div><u> LOW 5.47 1/2 LOW 6.07</u></div>
<div><u> CLOSE 5.48 Down 10 1/4 CLOSE 6.07 1/4 Down 8 3/4</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 1.31 1.44 1.38 0.58</u></div>
<div><u>CAD $/bu 6.39 6.52 6.46 6.06</u></div>
<div><u>CAD $/tonne 234.79 239.60 237.20 222.76</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 1.09 1.22 1.03 N/A 1.28 1.22 0.96 N/A</u></div>
<div><u>Hensall 1.10 N/A 1.00 N/A 1.15 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 1.15 1.20 1.00 0.50</u></div>
<div><u>Essex N/A N/A 0.88 N/A N/A N/A 0.93 N/A</u></div>
<div><u>Norwich 1.10 N/A 1.00 N/A 1.15 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 1.15 N/A 1.00 N/A</u></div>
<div><u>Chatham N/A N/A 1.00 N/A N/A N/A 0.95 N/A</u></div>
<div><u>Brigden N/A N/A 1.00 N/A N/A N/A 0.95 N/A</u></div>
<div><u>Palmerston N/A 1.10 1.05 0.55 N/A 1.10 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 1.15 1.20 1.00 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.82 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.25 1.25 0.30 N/A 1.27 1.27 0.20</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 1.77 N/A N/A N/A 1.80 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.13US 6.72CA 5.40US 7.03CA</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 1.28 1.35 1.35 0.46</u></div>
<div><u>CAD $/bu 6.83 6.90 6.90 6.54</u></div>
<div><u>CAD $/tonne 251.06 253.45 253.45 240.18</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 527.91</u></div>
<div><u>DDG's FOB Srn & Aylm 210.00 - 230.00</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="LPlnk24795" 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="LPlnk501453" 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);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
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