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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, June 1<br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.3585 down 0.0214<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.27 3/4 DEC20 HI 3.40 1/4<br>
</u></div>
<div><u> LOW 3.19 1/4 LOW 3.32 3/4<br>
</u></div>
<div><u> CLOSE3.23 1/4 Down 2 1/2 CLOSE 3.35 3/4 Down 3<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS<br>
</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +SEP20+SEP20+DEC20<br>
</u></div>
<div><u>CK Low 1.25 4.48 176.47 0.90 4.26 167.61<br>
</u></div>
<div><u>CK High 1.30 4.53 178.44 0.95 4.31 169.58<br>
</u></div>
<div><u>CK Avg 1.26 0.07 4.49 176.80 0.91 -0.22 4.27 167.94<br>
</u></div>
<div><u>Essex Cty 1.25 4.48 176.47 0.90 4.26 167.61<br>
</u></div>
<div><u>Mdsx Low 1.25 4.48 176.47 0.90 4.26 167.61<br>
</u></div>
<div><u>Mdsx High 1.25 4.48 176.47 0.95 4.31 169.58<br>
</u></div>
<div><u>Mdsx Avg 1.25 0.07 4.48 176.47 0.93 -0.21 4.28 168.59<br>
</u></div>
<div><u>Hensall 1.30 4.53 178.44 0.97 4.32 170.23<br>
</u></div>
<div><u>Bruce 1.30 4.53 178.44 0.95 4.31 169.58<br>
</u></div>
<div><u>Putnam 1.25 4.48 176.47 0.90 4.26 167.61<br>
</u></div>
<div><u>Burford 1.25 4.48 176.47 0.90 4.26 167.61<br>
</u></div>
<div><u>Port Perry 1.40 4.63 182.37 1.05 4.41 173.52<br>
</u></div>
<div><u>Norfolk 1.25 4.48 176.47 0.90 4.26 167.61<br>
</u></div>
<div><u>Palmerston 1.20 4.43 174.50 0.90 4.26 167.61<br>
</u></div>
<div><u>Varna 1.30 4.53 178.44 0.95 4.31 169.58<br>
</u></div>
<div><u>Trenton 1.35 4.58 180.41 1.05 4.41 173.52<br>
</u></div>
<div><u>Winchester 1.45 4.68 184.34 1.45 4.81 189.26<br>
</u></div>
<div><u>North Gower 1.40 4.63 182.37 1.40 4.76 187.29<br>
</u></div>
<div><u>Vankleek HilN/A 1.06 4.42 173.91<br>
</u></div>
<div><u>Huron FOB 1.43 4.66 183.55 0.95 4.31 169.58<br>
</u></div>
<div><u>Kent FOB 1.30 4.53 178.44 1.00 4.36 171.55<br>
</u></div>
<div><u>Lamb FOB 1.20 4.43 174.50 0.95 4.31 169.58<br>
</u></div>
<div><u>Mdsx FOB 1.30N/A N/A N/A 4.53 178.44 0.90 4.26 167.61<br>
</u></div>
<div><u>FOB SW Que 2.18 5.41 213.08N/A<br>
</u></div>
<div><u>Track 1.48 4.71 185.33N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.41 1.39 N/A<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Aylmer-Eth 1.45 1.53 1.58 1.60 4.68 184.34 1.20 4.56 179.42<br>
</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.25 4.61 181.39<br>
</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Cardnl-Ing N/A 1.95 2.00 1.96 1.55 4.91 193.20<br>
</u></div>
<div><u>W O Feed 1.63 4.86 191.51<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.84 5.07 199.70<br>
</u></div>
<div><u>Toledo El. -0.07 3.16 124.58 -0.41 2.95 116.13<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 5.03 198.12 1.35 4.71 185.33<br>
</u></div>
<div><u>Prescott 1.90 5.13 202.06N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.95 4.30 3/4<br>
</u></div>
<div><u>*Wet Bid<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3585 down 0.0214<br>
</u></div>
<div><u>Chicago soybeans closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.49 NOV20 HI 8.59 3/4<br>
</u></div>
<div><u> LOW 8.34 LOW 8.45 3/4<br>
</u></div>
<div><u> CLOSE8.40 1/2 Down 1/4 CLOSE 8.52 1/4 Up 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP<br>
</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +AUG2+JUL2+NOV20<br>
</u></div>
<div><u>CK Low 2.68 11.09 407.302.50 11.02 405.01<br>
</u></div>
<div><u>CK High 2.75 11.16 409.882.60 11.12 408.68<br>
</u></div>
<div><u>CK Average 2.72 -0.2111.13 408.842.56 -0.3711.08 407.15<br>
</u></div>
<div><u>Essex Cty 2.70 11.11 408.042.50 11.02 405.01<br>
</u></div>
<div><u>Mdsx Low 2.66 11.07 406.572.48 11.00 404.27<br>
</u></div>
<div><u>Mdsx High 2.75 11.16 409.882.60 11.12 408.68<br>
</u></div>
<div><u>Mdsx Average 2.71 -0.2311.11 408.222.54 -0.3811.06 406.48<br>
</u></div>
<div><u>Hensall 2.75 11.16 409.882.60 11.12 408.68<br>
</u></div>
<div><u>Bruce 2.75 11.16 409.882.60 11.12 408.68<br>
</u></div>
<div><u>Putnam 2.75 11.16 409.882.60 11.12 408.68<br>
</u></div>
<div><u>Burford 2.73 11.14 409.142.55 11.07 406.84<br>
</u></div>
<div><u>Port Perry 2.68 11.09 407.302.50 11.02 405.01<br>
</u></div>
<div><u>Norfolk 2.70 11.11 408.042.55 11.07 406.84<br>
</u></div>
<div><u>Palmerston 2.61 11.02 404.732.49 11.01 404.64<br>
</u></div>
<div><u>Varna 2.75 11.16 409.882.60 11.12 408.68<br>
</u></div>
<div><u>Trenton 2.75 11.16 409.882.60 11.12 408.68<br>
</u></div>
<div><u>Winchester 2.75 11.16 409.882.50 11.02 405.01<br>
</u></div>
<div><u>North Gower 2.75 11.16 409.882.75 11.27 414.19<br>
</u></div>
<div><u>Vankleek Hill N/A 2.85 11.37 417.87<br>
</u></div>
<div><u>Huron FOB 2.90 11.31 415.392.70 11.22 412.36<br>
</u></div>
<div><u>Kent FOB 2.95 11.36 417.222.55 11.07 406.84<br>
</u></div>
<div><u>Lambton FOB 3.00 11.41 419.062.60 11.12 408.68<br>
</u></div>
<div><u>Middlesex FOB2.85 2.92 N/A N/A 11.26 413.552.60 11.12 408.68<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.09 11.50 422.372.72 11.24 413.09<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.30 11.71 430.093.00 11.52 423.38<br>
</u></div>
<div><u>Prescott N/A 3.14 11.66 428.52<br>
</u></div>
<div><u>Port Colborne3.12 11.53 423.472.94 11.46 421.17<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.11 8.30 304.84-0.41 8.11 298.17<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3585 down 0.0214<br>
</u></div>
<div><u>Chicago wheat closed slightly lower.<br>
</u></div>
<div><u>JUL20 HI 5.20 3/4 SEP20 HI 5.23 1/4<br>
</u></div>
<div><u> LOW 5.11 1/2 LOW 5.14 1/2<br>
</u></div>
<div><u> CLOSE 5.15 1/4 Down 5 1/2 CLOSE 5.18 1/4 Down 5 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.<br>
</u></div>
<div><u>JUL20 HI 5.25 SEP20 HI 5.36<br>
</u></div>
<div><u> LOW 5.14 1/4 LOW 5.25 1/2<br>
</u></div>
<div><u> CLOSE 5.21 1/4 Down 3 3/4 CLOSE 5.32 Down 4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 1.98 2.19 1.98 1.26<br>
</u></div>
<div><u>CAD $/bu 7.14 7.34 7.14 6.47<br>
</u></div>
<div><u>CAD $/tonne 262.19 269.68 262.19 237.73<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2019 Harvest 2020<br>
</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS<br>
</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<br>
</u></div>
<div><u>ELEVATORS<br>
</u></div>
<div><u>Brgssvll N/A N/A N/A N/A N/A N/A 1.27 N/A<br>
</u></div>
<div><u>London 1.92 2.12 1.64 N/A 1.47 1.68 1.27 N/A<br>
</u></div>
<div><u>Hensall 1.65 N/A 1.65 N/A 1.42 N/A 1.27 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.42 N/A<br>
</u></div>
<div><u>Bruce 1.55 2.05 1.65 1.70 1.32 1.67 1.27 1.25<br>
</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 1.17 N/A<br>
</u></div>
<div><u>Norwich 1.65 N/A 1.65 N/A 1.42 N/A 1.27 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.65 N/A N/A N/A 1.42 N/A<br>
</u></div>
<div><u>Kent Bridge 1.65 N/A 1.65 N/A 1.42 N/A 1.27 N/A<br>
</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 1.22 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.22 N/A<br>
</u></div>
<div><u>Palmerston N/A 1.99 1.58 1.67 N/A 1.66 1.24 1.17<br>
</u></div>
<div><u>Varna 1.85 2.05 1.65 N/A 1.37 1.67 1.27 N/A<br>
</u></div>
<div><u>Mitchell 1.65 1.80 1.65 N/A 1.42 1.62 1.27 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.66 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 2.00 1.80 1.05 N/A 1.80 1.30 1.05<br>
</u></div>
<div><u>W O Feed 2.13<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 1.98 N/A N/A N/A 1.61 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.85 N/A N/A N/A 1.82 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.15US 7.00CA 5.15US 7.00CA<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 1.52 1.86 1.52 1.23<br>
</u></div>
<div><u>CAD $/bu 6.70 7.04 6.70 6.55<br>
</u></div>
<div><u>CAD $/tonne 246.26 258.75 246.26 240.65<br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures<br>
</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange<br>
</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS<br>
</u></div>
<div><u>FOB Hm Soymeal 486.24<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 260.00<br>
</u></div>
<div><u><br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";"><o:p style=""> </o:p></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Email:fmnc@uoguelph.ca
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span><span style="color:#333333"> </span></span></span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span><span style="color:#333333;background:#FDFDFD"> </span><span style="background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
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