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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 4<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 1.3493 up 0.0006<br>
</u></div>
<div><u>Chicago corn closed moderately higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.29 1/2 DEC20 HI 3.42 3/4<br>
</u></div>
<div><u> LOW 3.24 LOW 3.37 3/4<br>
</u></div>
<div><u> CLOSE3.29 Up 5 CLOSE 3.42 3/4 Up 4 1/2<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 4.54 178.73 0.90 4.33 170.37<br>
</u></div>
<div><u>CK High 1.30 4.59 180.70 0.95 4.38 172.33<br>
</u></div>
<div><u>CK Avg 1.29 0.11 4.58 180.37 0.91 -0.21 4.34 170.69<br>
</u></div>
<div><u>Essex Cty 1.30 4.59 180.70 0.90 4.33 170.37<br>
</u></div>
<div><u>Mdsx Low 1.30 4.59 180.70 0.90 4.33 170.37<br>
</u></div>
<div><u>Mdsx High 1.30 4.59 180.70 0.95 4.38 172.33<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.11 4.59 180.70 0.93 -0.20 4.35 171.35<br>
</u></div>
<div><u>Hensall 1.32 4.61 181.36 0.95 4.38 172.33<br>
</u></div>
<div><u>Bruce 1.30 4.59 180.70 0.95 4.38 172.33<br>
</u></div>
<div><u>Putnam 1.30 4.59 180.70 0.90 4.33 170.37<br>
</u></div>
<div><u>Burford 1.30 4.59 180.70 0.90 4.33 170.37<br>
</u></div>
<div><u>Port Perry 1.40 4.69 184.64 1.05 4.48 176.27<br>
</u></div>
<div><u>Norfolk 1.30 4.59 180.70 0.90 4.33 170.37<br>
</u></div>
<div><u>Palmerston 1.19 4.48 176.37 0.88 4.31 169.58<br>
</u></div>
<div><u>Varna 1.30 4.59 180.70 0.95 4.38 172.33<br>
</u></div>
<div><u>Trenton 1.40 4.69 184.64 1.10 4.53 178.24<br>
</u></div>
<div><u>Winchester 1.45 4.74 186.61 1.45 4.88 192.02<br>
</u></div>
<div><u>North Gower 1.33 4.62 181.88 1.33 4.76 187.29<br>
</u></div>
<div><u>Vankleek HilN/A 0.92 4.35 171.15<br>
</u></div>
<div><u>Huron FOB 1.41 4.70 185.03 0.90 4.33 170.37<br>
</u></div>
<div><u>Kent FOB 1.35 4.64 182.67 1.00 4.43 174.30<br>
</u></div>
<div><u>Lamb FOB 1.20 4.49 176.76 0.95 4.38 172.33<br>
</u></div>
<div><u>Mdsx FOB 1.45N/A N/A N/A 4.74 186.61 0.90 4.33 170.37<br>
</u></div>
<div><u>FOB SW Que 1.98 5.27 207.47N/A<br>
</u></div>
<div><u>Track 1.54 4.83 189.95N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.36 1.34 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 4.74 186.61 1.20 4.63 182.18<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 4.68 184.15<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 4.98 195.96<br>
</u></div>
<div><u>W O Feed 1.63 4.92 193.79<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.82 5.11 201.17<br>
</u></div>
<div><u>Toledo El. -0.07 3.22 126.87 -0.40 3.02 119.00<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 5.09 200.38 1.35 4.78 188.08<br>
</u></div>
<div><u>Prescott 1.93 5.22 205.50N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.95 4.37 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 1.3493 up 0.0006<br>
</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.73 1/4 NOV20 HI 8.79 3/4<br>
</u></div>
<div><u> LOW 8.55 1/4 LOW 8.64 1/2<br>
</u></div>
<div><u> CLOSE8.67 3/4 Up 10 1/4 CLOSE 8.76 3/4 Up 10 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 +JUL2+AUG2+NOV20<br>
</u></div>
<div><u>CK Low 2.60 11.28 414.382.40 11.17 410.34<br>
</u></div>
<div><u>CK High 2.70 11.38 418.052.45 11.22 412.17<br>
</u></div>
<div><u>CK Average 2.62 -0.3111.29 414.992.44 -0.4611.20 411.68<br>
</u></div>
<div><u>Essex Cty 2.60 11.28 414.382.40 11.17 410.34<br>
</u></div>
<div><u>Mdsx Low 2.58 11.26 413.642.40 11.17 410.34<br>
</u></div>
<div><u>Mdsx High 2.60 11.28 414.382.45 11.22 412.17<br>
</u></div>
<div><u>Mdsx Average 2.59 -0.3311.27 414.012.43 -0.4711.19 411.25<br>
</u></div>
<div><u>Hensall 2.60 11.28 414.382.42 11.18 410.95<br>
</u></div>
<div><u>Bruce 2.60 11.28 414.382.40 11.17 410.34<br>
</u></div>
<div><u>Putnam 2.60 11.28 414.382.45 11.22 412.17<br>
</u></div>
<div><u>Burford 2.65 11.33 416.212.47 11.24 412.91<br>
</u></div>
<div><u>Port Perry 2.60 11.28 414.382.42 11.19 411.07<br>
</u></div>
<div><u>Norfolk 2.60 11.28 414.382.45 11.22 412.17<br>
</u></div>
<div><u>Palmerston 2.62 11.30 415.112.48 11.25 413.27<br>
</u></div>
<div><u>Varna 2.60 11.28 414.382.40 11.17 410.34<br>
</u></div>
<div><u>Trenton 2.60 11.28 414.382.45 11.22 412.17<br>
</u></div>
<div><u>Winchester 2.70 11.38 418.052.40 11.17 410.34<br>
</u></div>
<div><u>North Gower 2.55 11.23 412.542.53 11.30 415.11<br>
</u></div>
<div><u>Vankleek Hill N/A 2.47 11.24 412.91<br>
</u></div>
<div><u>Huron FOB 2.78 11.46 420.992.50 11.27 414.01<br>
</u></div>
<div><u>Kent FOB 2.90 11.58 425.402.45 11.22 412.17<br>
</u></div>
<div><u>Lambton FOB 2.80 11.48 421.732.40 11.17 410.34<br>
</u></div>
<div><u>Middlesex FOB2.84 2.91 N/A N/A 11.52 423.202.52 11.29 414.74<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.16 11.84 434.952.72 11.49 422.09<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.20 11.88 436.422.90 11.67 428.71<br>
</u></div>
<div><u>Prescott N/A 2.84 11.61 426.50<br>
</u></div>
<div><u>Port Colborne3.05 11.73 430.912.86 11.63 427.24<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.11 8.57 314.88-0.40 8.36 307.28<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3493 up 0.0006<br>
</u></div>
<div><u>Chicago wheat closed moderately higher to higher.<br>
</u></div>
<div><u>JUL20 HI 5.29 SEP20 HI 5.32 3/4<br>
</u></div>
<div><u> LOW 5.12 LOW 5.15 3/4<br>
</u></div>
<div><u> CLOSE 5.23 3/4 Up 11 3/4 CLOSE 5.27 1/2 Up 11 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.<br>
</u></div>
<div><u>JUL20 HI 5.29 3/4 SEP20 HI 5.40 1/2<br>
</u></div>
<div><u> LOW 5.19 1/2 LOW 5.30 3/4<br>
</u></div>
<div><u> CLOSE 5.26 1/4 Up 6 CLOSE 5.37 1/2 Up 6 1/4<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 1.96 2.17 1.96 1.23<br>
</u></div>
<div><u>CAD $/bu 7.20 7.40 7.20 6.49<br>
</u></div>
<div><u>CAD $/tonne 264.62 272.05 264.62 238.59<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 1.16 N/A<br>
</u></div>
<div><u>London 1.82 2.03 1.55 N/A 1.38 1.58 1.17 N/A<br>
</u></div>
<div><u>Hensall 1.55 N/A 1.55 N/A 1.31 N/A 1.16 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.31 N/A<br>
</u></div>
<div><u>Bruce 1.50 1.95 1.55 1.60 1.26 1.56 1.16 1.25<br>
</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 1.11 N/A<br>
</u></div>
<div><u>Norwich 1.55 N/A 1.55 N/A 1.31 N/A 1.16 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.55 N/A N/A N/A 1.26 N/A<br>
</u></div>
<div><u>Kent Bridge 1.55 N/A 1.55 N/A 1.31 N/A 1.16 N/A<br>
</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 1.16 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.16 N/A<br>
</u></div>
<div><u>Palmerston N/A 1.96 1.56 1.63 N/A 1.64 1.22 1.13<br>
</u></div>
<div><u>Varna 1.75 1.95 1.55 N/A 1.26 1.56 1.16 N/A<br>
</u></div>
<div><u>Mitchell 1.55 1.70 1.55 N/A 1.31 1.51 1.16 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.61 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.85 1.60 0.95 N/A 1.60 1.18 0.95<br>
</u></div>
<div><u>W O Feed 2.01<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 1.89 N/A N/A N/A 1.51 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.83 N/A N/A N/A 1.79 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.24US 7.07CA 5.24US 7.06CA<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 1.51 1.84 1.51 1.20<br>
</u></div>
<div><u>CAD $/bu 6.78 7.12 6.78 6.58<br>
</u></div>
<div><u>CAD $/tonne 249.12 261.52 249.12 241.69<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 487.01<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 260.00<br>
</u></div>
<div><u><br>
</u></div>
<div>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";"><br>
</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";">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:10.0pt;font-family:"Courier New""><o:p> </o:p></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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></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>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario</span></span></p>
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</u></div>
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