<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"></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 Mon, July 15</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3032 up 0.0015</u></div>
<div><u>Chicago corn closed lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP19 HI 4.60 DEC19 HI 4.64 3/4</u></div>
<div><u> LOW 4.39 3/4 LOW 4.46</u></div>
<div><u> CLOSE4.41 Down 13 1/4 CLOSE 4.47 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 +SEP19+DEC19+DEC19</u></div>
<div><u>CK Low 1.60 6.01 236.60 1.25 5.72 225.19</u></div>
<div><u>CK High 1.70 6.11 240.54 1.25 5.72 225.19</u></div>
<div><u>CK Avg 1.65 0.24 6.06 238.57 1.25 -0.07 5.72 225.19</u></div>
<div><u>Essex Cty 1.70 6.11 240.54 1.25 5.72 225.19</u></div>
<div><u>Mdsx Low 1.60 6.01 236.60 1.25 5.72 225.19</u></div>
<div><u>Mdsx High 1.70 6.11 240.54 1.25 5.72 225.19</u></div>
<div><u>Mdsx Avg 1.65 0.24 6.06 238.57 1.25 -0.07 5.72 225.19</u></div>
<div><u>Hensall 1.65 6.06 238.57 1.28 5.75 226.17</u></div>
<div><u>Bruce 1.60 6.01 236.60 1.25 5.72 225.19</u></div>
<div><u>Putnam 1.70 6.11 240.54 1.25 5.72 225.19</u></div>
<div><u>Burford 1.60 6.01 236.60 1.25 5.72 225.19</u></div>
<div><u>Port Perry 1.50 5.91 232.67 1.20 5.67 223.22</u></div>
<div><u>Norfolk 1.70 6.11 240.54 1.25 5.72 225.19</u></div>
<div><u>Palmerston 1.60 6.01 236.60 1.25 5.72 225.19</u></div>
<div><u>Varna 1.55 5.96 234.63 1.25 5.72 225.19</u></div>
<div><u>Trenton 1.55 5.96 234.63 1.25 5.72 225.19</u></div>
<div><u>Winchester N/A 1.40 5.87 231.09</u></div>
<div><u>North Gower 1.30 5.71 224.79 1.35 5.82 229.12</u></div>
<div><u>Huron FOB 2.00 6.41 252.35 1.40 5.87 231.09</u></div>
<div><u>Kent FOB 1.95 6.36 250.38 1.30 5.77 227.15</u></div>
<div><u>Lamb FOB 1.95 6.36 250.38 1.30 5.77 227.15</u></div>
<div><u>Mdsx FOB 1.95 1.95N/A N/A 6.36 250.38 1.30 5.77 227.15</u></div>
<div><u>FOB SW Que 2.44 6.85 269.67 1.39 5.86 230.70</u></div>
<div><u>Track 2.05 6.46 254.32N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 2.36 2.38 2.38 1.56 6.03 237.39</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth 2.20 2.30 2.30 2.15 6.61 260.22 1.50 5.97 235.03</u></div>
<div><u>Sarn-Eth N/A N/A 2.00 2.00 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 2.30 2.25 N/A</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.50 5.97 235.03</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 1.55 1.50 5.97 235.03</u></div>
<div><u>W O Feed 2.29 6.70 263.61</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.60 7.01 275.97</u></div>
<div><u>Toledo El. 0.50 4.91 193.11 0.20 4.67 183.65</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Port ColbornN/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.25 5.72</u></div>
<div><u>HI SD CRN 1.25 5.72</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3032 up 0.0015</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> AUG19 HI 9.18 NOV19 HI 9.36 1/2</u></div>
<div><u> LOW 9.00 1/2 LOW 9.18 1/2</u></div>
<div><u> CLOSE9.01 3/4 Down 11 1/2 CLOSE 9.20 Down 11 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+NOV1+NOV19</u></div>
<div><u>CK Low 2.15 11.17 410.341.95 11.15 409.69</u></div>
<div><u>CK High 2.20 11.22 412.172.00 11.20 411.53</u></div>
<div><u>CK Average 2.19 -0.4211.20 411.621.96 -0.6211.16 410.06</u></div>
<div><u>Essex Cty 2.30 11.32 415.851.95 11.15 409.69</u></div>
<div><u>Mdsx Low 2.11 11.13 408.871.91 11.11 408.22</u></div>
<div><u>Mdsx High 2.20 11.22 412.171.95 11.15 409.69</u></div>
<div><u>Mdsx Average 2.16 -0.4411.17 410.521.93 -0.6411.13 408.96</u></div>
<div><u>Hensall 2.20 11.22 412.171.95 11.15 409.69</u></div>
<div><u>Bruce 2.10 11.12 408.501.90 11.10 407.86</u></div>
<div><u>Putnam 2.20 11.22 412.171.95 11.15 409.69</u></div>
<div><u>Burford 2.16 11.18 410.701.96 11.16 410.06</u></div>
<div><u>Port Perry 2.13 11.15 409.601.93 11.13 408.96</u></div>
<div><u>Norfolk 2.20 11.22 412.171.95 11.15 409.69</u></div>
<div><u>Palmerston 2.20 11.22 412.171.90 11.10 407.86</u></div>
<div><u>Varna 2.20 11.22 412.171.95 11.15 409.69</u></div>
<div><u>Trenton 2.10 11.12 408.501.90 11.10 407.86</u></div>
<div><u>Winchester N/A 2.00 11.20 411.53</u></div>
<div><u>North Gower 2.05 11.07 406.662.00 11.20 411.53</u></div>
<div><u>Huron FOB 2.30 11.32 415.852.05 11.25 413.37</u></div>
<div><u>Kent FOB 2.40 11.42 419.521.95 11.15 409.69</u></div>
<div><u>Lambton FOB 2.25 11.27 414.012.00 11.20 411.53</u></div>
<div><u>Middlesex FOB2.33 2.39 2.29 N/A 11.35 416.952.04 11.24 413.00</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.81 11.83 434.592.28 11.48 421.82</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.70 11.72 430.542.40 11.60 426.23</u></div>
<div><u>Prescott N/A 2.45 11.65 428.06</u></div>
<div><u>Port Colborne N/A 2.36 11.56 424.76</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 8.95 328.94-0.52 8.68 318.93</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3032 up 0.0015</u></div>
<div><u>Chicago wheat closed lower.</u></div>
<div><u>SEP19 HI 5.31 1/2 JUL10 HI 5.57 3/4</u></div>
<div><u> LOW 5.06 LOW 5.38 1/2</u></div>
<div><u> CLOSE 5.07 3/4 Down 15 1/4 CLOSE 5.39 3/4 Down 13 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower to lower.</u></div>
<div><u>SEP19 HI 5.47 1/4 SEP10 HI 5.80 1/4</u></div>
<div><u> LOW 5.30 1/2 LOW 5.80 1/4</u></div>
<div><u> CLOSE 5.32 1/2 Down 10 1/4 CLOSE 5.80 1/4 Down 11 3/4</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 1.80 2.06 1.73 1.09</u></div>
<div><u>CAD $/bu 6.88 7.14 6.81 6.42</u></div>
<div><u>CAD $/tonne 252.71 262.28 250.31 235.83</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2019 Harvest 2020</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 1.15 N/A</u></div>
<div><u>London 1.69 1.95 1.56 N/A 1.32 1.45 1.13 N/A</u></div>
<div><u>Hensall 1.65 N/A 1.55 N/A 1.35 N/A 1.15 N/A</u></div>
<div><u>Trenton N/A N/A 1.60 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Bruce 1.65 1.95 1.55 1.20 1.35 1.50 1.10 N/A</u></div>
<div><u>Essex N/A N/A 1.50 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Norwich 1.65 N/A 1.55 N/A 1.35 N/A 1.15 N/A</u></div>
<div><u>Port Hope N/A 1.90 1.60 N/A N/A 1.50 1.15 N/A</u></div>
<div><u>Kent Bridge 1.65 N/A 1.55 N/A 1.35 N/A 1.15 N/A</u></div>
<div><u>Chatham N/A N/A 1.55 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.55 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A 1.95 1.55 1.20 N/A 1.57 1.17 0.90</u></div>
<div><u>Varna 1.65 1.95 1.55 N/A 1.35 1.50 1.10 N/A</u></div>
<div><u>Mitchell 1.65 1.90 1.55 N/A 1.35 1.50 1.15 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.65 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.95 1.55 0.99 N/A 1.57 1.27 0.75</u></div>
<div><u>W O Feed 2.20</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor 2.03 2.29 1.90 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.80 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.33US 6.94CA 5.35US 6.95CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.36 1.62 1.29 0.83</u></div>
<div><u>CAD $/bu 6.76 7.02 6.69 6.63</u></div>
<div><u>CAD $/tonne 248.28 257.83 245.89 243.74</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 495.61</u></div>
<div><u>DDG's FOB Srn & Aylm 190.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<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="LPlnk89999" 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="LPlnk297391" 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>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
</body>
</html>