FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, July 9 (All Bases in CAD) Exchange rate was 1.3094 up 0.0005 Chicago corn closed moderately lower. SEP18 HI 3.59 1/4 DEC18 HI 3.72 LOW 3.50 1/2 LOW 3.63 1/4 CLOSE3.54 Down 6 1/4 CLOSE 3.67 Down 6 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP18+DEC18+DEC18 CK Low 0.80 4.34 170.86 0.80 4.47 175.98 CK High 1.00 4.54 178.73 0.85 4.52 177.94 CK Avg 0.93 -0.12 4.47 176.11 0.81 -0.23 4.48 176.30 Essex Cty 0.95 4.49 176.76 0.80 4.47 175.98 Mdsx Low 0.95 4.49 176.76 0.80 4.47 175.98 Mdsx High 0.95 4.49 176.76 0.80 4.47 175.98 Mdsx Avg 0.95 -0.11 4.49 176.76 0.80 -0.24 4.47 175.98 Hensall 0.95 4.49 176.76 0.80 4.47 175.98 Bruce 0.95 4.49 176.76 0.80 4.47 175.98 Putnam 0.95 4.49 176.76 0.80 4.47 175.98 Burford 0.95 4.49 176.76 0.80 4.47 175.98 Port Perry 0.95 4.49 176.76 0.85 4.52 177.94 Norfolk 0.95 4.49 176.76 0.80 4.47 175.98 Palmerston 1.00 4.54 178.73 0.85 4.52 177.94 Varna 0.95 4.49 176.76 0.80 4.47 175.98 Trenton 0.95 4.49 176.76 0.90 4.57 179.91 Winchester 1.15 4.69 184.64 1.15 4.82 189.76 North Gower 1.05 4.59 180.70 1.10 4.77 187.79 Huron FOB 1.15 4.69 184.64 0.85 4.52 177.94 Kent FOB 1.15 4.69 184.64 0.85 4.52 177.94 Lamb FOB 1.15 4.69 184.64 0.85 4.52 177.94 Mdsx FOB 0.95 0.95N/A N/A 4.49 176.76 0.90 4.57 179.91 FOB SW Que 1.72 5.26 207.08N/A Track 1.40 4.94 194.48N/A PROCESSORS Chat-Eth N/A N/A N/A 1.01 0.97 4.64 182.67 Jhnstwn-Eth N/A N/A N/A 1.20 1.07 4.74 186.61 Aylmer-Eth N/A 1.35 1.35 1.40 1.05 4.72 185.82 Sarn-Eth 1.25 1.30 1.25N/A 4.79 188.57N/A Kawartha N/A N/A N/A N/A N/A London-Ing N/A N/A N/A 1.50 1.15 4.82 189.76 Pt.Colb-Ing N/A N/A N/A N/A 1.35* 5.02 197.63 Cardnl-Ing N/A N/A N/A 1.55 1.25 4.92 193.69 W O Feed 1.52 5.06 199.36 US Rep 1.50 5.04 198.42 Toledo El. -0.07 3.47 136.79 -0.26 3.41 134.23 MID SD CRN 0.82 1/2 4.49 1/2 HI SD CRN 0.85 4.521 *Wet Bid Exchange rate was 1.3094 up 0.0005 Chicago soybeans closed moderately lower. AUG18 HI 8.79 3/4 NOV18 HI 8.97 LOW 8.50 1/2 LOW 8.66 1/2 CLOSE8.55 3/4 Down 21 3/4 CLOSE 8.72 Down 22 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 2.30 10.86 398.942.33 11.05 406.02 CK High 2.45 11.01 404.462.40 11.12 408.59 CK Average 2.41 -0.1810.97 403.112.37 -0.2011.09 407.55 Essex Cty 2.45 11.01 404.462.30 11.02 404.92 Mdsx Low 2.43 10.99 403.722.33 11.05 406.02 Mdsx High 2.45 11.01 404.462.45 11.17 410.43 Mdsx Average 2.44 -0.1611.00 404.092.39 -0.1811.11 408.22 Hensall 2.45 11.01 404.462.45 11.17 410.43 Bruce 2.45 11.01 404.462.45 11.17 410.43 Putnam 2.40 10.96 402.622.40 11.12 408.59 Burford 2.50 11.06 406.292.40 11.12 408.59 Port Perry 2.40 10.96 402.622.30 11.02 404.92 Norfolk 2.45 11.01 404.462.45 11.17 410.43 Palmerston 2.40 10.96 402.622.40 11.12 408.59 Varna 2.40 10.96 402.622.40 11.12 408.59 Trenton 2.35 10.91 400.782.40 11.12 408.59 Winchester 2.35 10.91 400.782.41 11.13 408.96 North Gower 2.15 10.71 393.432.33 11.05 406.02 Huron FOB 2.55 11.11 408.132.55 11.27 414.10 Kent FOB 2.55 11.11 408.132.40 11.12 408.59 Lambton FOB 2.45 11.01 404.462.50 11.22 412.26 Middlesex FOB2.66 2.66 2.53 N/A 11.22 412.172.57 11.29 414.84 PROCESSORS Windsor 2.80 11.36 417.322.57 11.29 414.84 TRANSFER Hamilton N/A 2.75 11.47 421.45 Prescott 2.01 10.57 388.292.72 11.44 420.35 Toledo El. -0.05 8.51 312.51-0.39 8.33 306.06 Exchange rate was 1.3094 up 0.0005 Chicago wheat closed slightly to moderately lower. SEP18 HI 5.14 JUL19 HI 5.55 3/4 LOW 5.03 1/2 LOW 5.49 CLOSE 5.08 Down 7 1/4 CLOSE 5.55 Down 2 1/2 Minni wheat closed moderately lower. SEP18 HI 5.58 1/2 SEP19 HI 6.08 1/2 LOW 5.47 1/2 LOW 6.07 CLOSE 5.48 Down 10 1/4 CLOSE 6.07 1/4 Down 8 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.31 1.44 1.38 0.58 CAD $/bu 6.39 6.52 6.46 6.06 CAD $/tonne 234.79 239.60 237.20 222.76 Direct MarkHarvest 2018 Harvest 2019 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 1.00 N/A N/A N/A 1.00 N/A London 1.09 1.22 1.03 N/A 1.28 1.22 0.96 N/A Hensall 1.10 N/A 1.00 N/A 1.15 N/A 1.00 N/A Trenton N/A N/A 1.00 N/A N/A N/A 1.05 N/A Bruce 1.10 1.20 1.00 0.55 1.15 1.20 1.00 0.50 Essex N/A N/A 0.88 N/A N/A N/A 0.93 N/A Norwich 1.10 N/A 1.00 N/A 1.15 N/A 1.00 N/A Port Hope N/A 1.05 1.05 N/A N/A 1.05 1.05 N/A Kent Bridge 1.10 N/A 1.00 N/A 1.15 N/A 1.00 N/A Chatham N/A N/A 1.00 N/A N/A N/A 0.95 N/A Brigden N/A N/A 1.00 N/A N/A N/A 0.95 N/A Palmerston N/A 1.10 1.05 0.55 N/A 1.10 0.95 N/A Varna 1.20 1.20 1.00 N/A 1.00 1.10 0.90 N/A Mitchell 1.10 1.20 1.00 N/A 1.15 1.20 1.00 N/A Thornton N/A N/A N/A 0.82 N/A N/A N/A N/A North Gower N/A 1.25 1.25 0.30 N/A 1.27 1.27 0.20 W O Feed 1.55 PROCESSORS Toledo FM N/A N/A 1.77 N/A N/A N/A 1.80 N/A Toledo El. 5.13US 6.72CA 5.40US 7.03CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.28 1.35 1.35 0.46 CAD $/bu 6.83 6.90 6.90 6.54 CAD $/tonne 251.06 253.45 253.45 240.18 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 527.91 DDG's FOB Srn & Aylm 210.00 - 230.00