<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"><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 5</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3417 up 0.0036</u></div>
<div><u>Chicago corn closed lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL19 HI 4.24 3/4 DEC19 HI 4.43 1/2</u></div>
<div><u> LOW 4.12 1/4 LOW 4.31</u></div>
<div><u> CLOSE4.14 3/4 Down 10 1/2 CLOSE 4.33 1/2 Down 10 1/2</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 +SEP19+SEP19+DEC19</u></div>
<div><u>CK Low 1.25 5.40 212.49 1.05 5.39 212.00</u></div>
<div><u>CK High 1.35 5.50 216.43 1.10 5.44 213.97</u></div>
<div><u>CK Avg 1.32 -0.07 5.46 215.11 1.06 -0.32 5.39 212.33</u></div>
<div><u>Essex Cty 1.35 5.50 216.43 1.05 5.39 212.00</u></div>
<div><u>Mdsx Low 1.25 5.40 212.49 1.05 5.39 212.00</u></div>
<div><u>Mdsx High 1.35 5.50 216.43 1.10 5.44 213.97</u></div>
<div><u>Mdsx Avg 1.30 -0.09 5.45 214.46 1.08 -0.30 5.41 212.98</u></div>
<div><u>Hensall 1.33 5.47 215.44 1.13 5.46 214.95</u></div>
<div><u>Bruce 1.30 5.45 214.46 1.10 5.44 213.97</u></div>
<div><u>Putnam 1.25 5.40 212.49 1.05 5.39 212.00</u></div>
<div><u>Burford 1.35 5.50 216.43 1.10 5.44 213.97</u></div>
<div><u>Port Perry 1.25 5.40 212.49 1.05 5.39 212.00</u></div>
<div><u>Norfolk 1.35 5.50 216.43 1.05 5.39 212.00</u></div>
<div><u>Palmerston 1.25 5.40 212.49 1.05 5.39 212.00</u></div>
<div><u>Varna 1.35 5.50 216.43 1.15 5.49 215.93</u></div>
<div><u>Trenton 1.30 5.45 214.46 1.00 5.34 210.03</u></div>
<div><u>Winchester 1.20 5.35 210.52 1.20 5.54 217.90</u></div>
<div><u>North Gower 1.20 5.35 210.52 1.18 5.52 217.12</u></div>
<div><u>Huron FOB 1.52 5.67 223.12 1.15 5.49 215.93</u></div>
<div><u>Kent FOB 1.60 5.75 226.27 1.05 5.39 212.00</u></div>
<div><u>Lamb FOB 1.60 5.75 226.27 1.10 5.44 213.97</u></div>
<div><u>Mdsx FOB 1.55 1.55N/A N/A 5.70 224.30 1.10 5.44 213.97</u></div>
<div><u>FOB SW Que 1.88 6.03 237.29 1.30 5.64 221.84</u></div>
<div><u>Track 1.70 5.85 230.21N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.94 1.27 5.61 220.66</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Sarn-Eth N/A 1.60 1.50N/A N/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 1.85 1.85 1.25 5.59 219.87</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 1.35 5.69 223.81</u></div>
<div><u>W O Feed 1.89 6.04 237.59</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.20 6.35 249.89</u></div>
<div><u>Toledo El. 0.11 4.25 167.51 -0.16 4.17 164.32</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Port ColbornN/A 1.25 5.59219 7/8</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.07 1/2 5.41</u></div>
<div><u>HI SD CRN 1.10 5.43 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3417 up 0.0036</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL19 HI 8.82 3/4 NOV19 HI 9.10 1/4</u></div>
<div><u> LOW 8.68 1/4 LOW 8.95 3/4</u></div>
<div><u> CLOSE8.69 3/4 Down 12 CLOSE 8.97 1/4 Down 12</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+NOV19</u></div>
<div><u>CK Low 2.20 10.90 400.412.10 11.07 406.84</u></div>
<div><u>CK High 2.25 10.95 402.252.20 11.17 410.52</u></div>
<div><u>CK Average 2.22 -0.5610.91 401.032.13 -0.7011.10 407.76</u></div>
<div><u>Essex Cty 2.20 10.90 400.412.10 11.07 406.84</u></div>
<div><u>Mdsx Low 2.15 10.85 398.582.05 11.02 405.01</u></div>
<div><u>Mdsx High 2.20 10.90 400.412.10 11.07 406.84</u></div>
<div><u>Mdsx Average 2.18 -0.5910.87 399.502.08 -0.7411.05 405.93</u></div>
<div><u>Hensall 2.20 10.90 400.412.10 11.07 406.84</u></div>
<div><u>Bruce 2.20 10.90 400.412.10 11.07 406.84</u></div>
<div><u>Putnam 2.20 10.90 400.412.10 11.07 406.84</u></div>
<div><u>Burford 2.20 10.90 400.412.10 11.07 406.84</u></div>
<div><u>Port Perry 2.17 10.87 399.312.07 11.04 405.74</u></div>
<div><u>Norfolk 2.20 10.90 400.412.10 11.07 406.84</u></div>
<div><u>Palmerston 2.15 10.85 398.582.10 11.07 406.84</u></div>
<div><u>Varna 2.20 10.90 400.412.10 11.07 406.84</u></div>
<div><u>Trenton 2.22 10.92 401.152.12 11.09 407.58</u></div>
<div><u>Winchester N/A 2.18 11.15 409.78</u></div>
<div><u>North Gower 2.12 10.82 397.482.23 11.20 411.62</u></div>
<div><u>Huron FOB 2.35 11.05 405.932.20 11.17 410.52</u></div>
<div><u>Kent FOB 2.35 11.05 405.932.10 11.07 406.84</u></div>
<div><u>Lambton FOB 2.35 11.05 405.932.20 11.17 410.52</u></div>
<div><u>Middlesex FOB2.34 2.40 2.43 N/A 11.04 405.562.20 11.17 410.52</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.63 11.33 416.212.39 11.36 417.50</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.75 11.45 420.622.55 11.52 423.38</u></div>
<div><u>Prescott N/A 2.45 11.42 419.71</u></div>
<div><u>Port Colborne N/A 2.58 11.55 424.48</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.47 8.23 302.32-0.74 8.23 302.57</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3417 up 0.0036</u></div>
<div><u>Chicago wheat closed lower.</u></div>
<div><u>JUL19 HI 5.08 1/2 JUL19 HI 5.08 1/2</u></div>
<div><u> LOW 4.88 1/2 LOW 4.88 1/2</u></div>
<div><u> CLOSE 4.90 3/4 Down 16 1/2 CLOSE 4.90 3/4 Down 16 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed lower.</u></div>
<div><u>JUL19 HI 5.61 1/2 SEP19 HI 5.70 1/4</u></div>
<div><u> LOW 5.46 LOW 5.55 3/4</u></div>
<div><u> CLOSE 5.47 Down 13 1/2 CLOSE 5.56 3/4 Down 13 1/4</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 1.68 1.74 1.54 0.93</u></div>
<div><u>CAD $/bu 6.58 6.65 6.45 6.40</u></div>
<div><u>CAD $/tonne 241.93 244.39 237.00 235.15</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 1.55 N/A N/A N/A 1.55 N/A</u></div>
<div><u>London 1.46 1.86 1.46 N/A 1.51 1.85 1.45 N/A</u></div>
<div><u>Hensall 1.65 N/A 1.55 N/A 1.65 N/A 1.55 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.55 N/A</u></div>
<div><u>Bruce 1.60 1.95 1.55 N/A 1.60 1.95 1.55 1.20</u></div>
<div><u>Essex N/A N/A 1.50 N/A N/A N/A 1.50 N/A</u></div>
<div><u>Norwich 1.65 N/A 1.55 N/A 1.65 N/A 1.55 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A 1.90 1.60 N/A</u></div>
<div><u>Kent Bridge 1.65 N/A 1.55 N/A 1.65 N/A 1.55 N/A</u></div>
<div><u>Chatham N/A N/A 1.50 N/A N/A N/A 1.50 N/A</u></div>
<div><u>Brigden N/A N/A 1.50 N/A N/A N/A 1.50 N/A</u></div>
<div><u>Palmerston N/A 1.95 1.55 1.40 N/A 1.97 1.57 1.20</u></div>
<div><u>Varna 1.75 1.95 1.55 N/A 1.65 1.95 1.55 N/A</u></div>
<div><u>Mitchell 1.65 1.90 1.55 N/A 1.65 1.90 1.55 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.44 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.70 1.45 0.85 N/A 2.07 1.67 1.15</u></div>
<div><u>W O Feed 2.10</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A N/A N/A 1.86 2.19 1.79 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.88 N/A N/A N/A 1.88 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.01US 6.72CA 5.01US 6.72CA</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 1.81 2.15 1.68 1.23</u></div>
<div><u>CAD $/bu 6.72 7.05 6.58 6.80</u></div>
<div><u>CAD $/tonne 246.86 259.18 241.93 249.81</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 517.76</u></div>
<div><u>DDG's FOB Srn & Aylm 205.00</u></div>
<div><u><br>
</u></div>
<u><br>
</u>
<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;">
<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></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="LPlnk133051" 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="LPlnk957689" 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;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object" style=""><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" 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);"> to
unsubscribe from this report.</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<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>
<u></u><br>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
<p></p>
</div>
<p></p>
</div>
</body>
</html>