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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, June 5<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 1.3439 down 0.0054<br>
</u></div>
<div><u>Chicago corn closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.32 1/2 DEC20 HI 3.46 1/4<br>
</u></div>
<div><u> LOW 3.28 1/4 LOW 3.42<br>
</u></div>
<div><u> CLOSE3.31 1/4 Up 2 1/4 CLOSE 3.45 1/4 Up 2 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 1.30 4.61 181.59 0.90 4.35 171.35<br>
</u></div>
<div><u>CK High 1.30 4.61 181.59 0.95 4.40 173.32<br>
</u></div>
<div><u>CK Avg 1.30 0.12 4.61 181.59 0.91 -0.21 4.36 171.68<br>
</u></div>
<div><u>Essex Cty 1.30 4.61 181.59 0.90 4.35 171.35<br>
</u></div>
<div><u>Mdsx Low 1.30 4.61 181.59 0.90 4.35 171.35<br>
</u></div>
<div><u>Mdsx High 1.30 4.61 181.59 0.95 4.40 173.32<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.12 4.61 181.59 0.93 -0.19 4.38 172.33<br>
</u></div>
<div><u>Hensall 1.33 4.65 182.90 0.97 4.42 173.97<br>
</u></div>
<div><u>Bruce 1.35 4.66 183.55 0.95 4.40 173.32<br>
</u></div>
<div><u>Putnam 1.30 4.61 181.59 0.90 4.35 171.35<br>
</u></div>
<div><u>Burford 1.30 4.61 181.59 0.90 4.35 171.35<br>
</u></div>
<div><u>Port Perry 1.40 4.71 185.52 1.05 4.50 177.26<br>
</u></div>
<div><u>Norfolk 1.30 4.61 181.59 0.90 4.35 171.35<br>
</u></div>
<div><u>Palmerston 1.18 4.49 176.86 0.88 4.33 170.56<br>
</u></div>
<div><u>Varna 1.35 4.66 183.55 0.95 4.40 173.32<br>
</u></div>
<div><u>Trenton 1.40 4.71 185.52 1.10 4.55 179.22<br>
</u></div>
<div><u>Winchester 1.45 4.76 187.49 1.45 4.90 193.00<br>
</u></div>
<div><u>North Gower 1.30 4.61 181.59 1.30 4.75 187.10<br>
</u></div>
<div><u>Vankleek HilN/A 0.92 4.37 172.14<br>
</u></div>
<div><u>Huron FOB 1.51 4.82 189.85 0.89 4.34 170.96<br>
</u></div>
<div><u>Kent FOB 1.35 4.66 183.55 1.00 4.45 175.29<br>
</u></div>
<div><u>Lamb FOB 1.50 4.81 189.46 0.95 4.40 173.32<br>
</u></div>
<div><u>Mdsx FOB 1.45N/A N/A N/A 4.76 187.49 0.90 4.35 171.35<br>
</u></div>
<div><u>FOB SW Que 2.00 5.31 209.14N/A<br>
</u></div>
<div><u>Track 1.53 4.84 190.64N/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 N/A 1.53 1.58 1.55 1.10 4.55 179.22<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 1.15 4.60 181.19<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 5.00 196.94<br>
</u></div>
<div><u>W O Feed 1.63 4.94 194.58<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.81 5.12 201.66<br>
</u></div>
<div><u>Toledo El. -0.07 3.25 127.76 -0.40 3.05 120.05<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 5.11 201.27 1.35 4.80 189.07<br>
</u></div>
<div><u>Prescott 1.93 5.24 206.39N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.95 4.40 1/4<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 1.3439 down 0.0054<br>
</u></div>
<div><u>Chicago soybeans closed steady to slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.73 1/2 NOV20 HI 8.82 1/4<br>
</u></div>
<div><u> LOW 8.65 1/4 LOW 8.75 3/4<br>
</u></div>
<div><u> CLOSE8.67 3/4 Unchanged CLOSE 8.79 1/2 Up 2 3/4<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 2.54 11.22 412.172.36 11.16 409.88<br>
</u></div>
<div><u>CK High 2.70 11.38 418.052.45 11.25 413.18<br>
</u></div>
<div><u>CK Average 2.59 -0.2911.27 414.012.40 -0.4611.20 411.41<br>
</u></div>
<div><u>Essex Cty 2.60 11.28 414.382.35 11.15 409.51<br>
</u></div>
<div><u>Mdsx Low 2.52 11.20 411.442.34 11.14 409.14<br>
</u></div>
<div><u>Mdsx High 2.55 11.23 412.542.40 11.20 411.35<br>
</u></div>
<div><u>Mdsx Average 2.54 -0.3311.21 411.992.37 -0.4911.17 410.24<br>
</u></div>
<div><u>Hensall 2.58 11.26 413.762.40 11.20 411.35<br>
</u></div>
<div><u>Bruce 2.60 11.28 414.382.40 11.20 411.35<br>
</u></div>
<div><u>Putnam 2.55 11.23 412.542.40 11.20 411.35<br>
</u></div>
<div><u>Burford 2.59 11.27 414.012.41 11.21 411.71<br>
</u></div>
<div><u>Port Perry 2.54 11.22 412.172.36 11.16 409.88<br>
</u></div>
<div><u>Norfolk 2.60 11.28 414.382.40 11.20 411.35<br>
</u></div>
<div><u>Palmerston 2.59 11.27 414.012.45 11.25 413.18<br>
</u></div>
<div><u>Varna 2.60 11.28 414.382.40 11.20 411.35<br>
</u></div>
<div><u>Trenton 2.60 11.28 414.382.40 11.20 411.35<br>
</u></div>
<div><u>Winchester 2.70 11.38 418.052.40 11.20 411.35<br>
</u></div>
<div><u>North Gower 2.55 11.23 412.542.50 11.30 415.02<br>
</u></div>
<div><u>Vankleek Hill N/A 2.47 11.27 413.92<br>
</u></div>
<div><u>Huron FOB 2.75 11.43 419.892.42 11.22 412.08<br>
</u></div>
<div><u>Kent FOB 2.85 11.53 423.562.40 11.20 411.35<br>
</u></div>
<div><u>Lambton FOB 2.80 11.48 421.732.40 11.20 411.35<br>
</u></div>
<div><u>Middlesex FOB2.77 2.84 N/A N/A 11.45 420.622.53 11.33 416.12<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.12 11.80 433.482.69 11.49 422.00<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.20 11.88 436.422.90 11.70 429.72<br>
</u></div>
<div><u>Prescott N/A 2.84 11.64 427.51<br>
</u></div>
<div><u>Port Colborne2.98 11.66 428.342.80 11.60 426.04<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.11 8.57 314.89-0.40 8.39 308.35<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3439 down 0.0054<br>
</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.<br>
</u></div>
<div><u>JUL20 HI 5.27 3/4 SEP20 HI 5.31 1/4<br>
</u></div>
<div><u> LOW 5.13 1/4 LOW 5.18<br>
</u></div>
<div><u> CLOSE 5.15 1/4 Down 8 1/2 CLOSE 5.20 1/4 Down 7 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.<br>
</u></div>
<div><u>JUL20 HI 5.28 3/4 SEP20 HI 5.40 1/4<br>
</u></div>
<div><u> LOW 5.15 3/4 LOW 5.27 3/4<br>
</u></div>
<div><u> CLOSE 5.18 3/4 Down 7 1/2 CLOSE 5.30 3/4 Down 6 3/4<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 1.91 2.11 1.91 1.18<br>
</u></div>
<div><u>CAD $/bu 7.06 7.26 7.06 6.37<br>
</u></div>
<div><u>CAD $/tonne 259.37 266.78 259.37 233.94<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 1.15 N/A<br>
</u></div>
<div><u>London 1.79 1.99 1.52 N/A 1.34 1.54 1.14 N/A<br>
</u></div>
<div><u>Hensall 1.55 N/A 1.55 N/A 1.30 N/A 1.15 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A<br>
</u></div>
<div><u>Bruce 1.50 1.95 1.55 1.60 1.25 1.55 1.15 1.25<br>
</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 1.10 N/A<br>
</u></div>
<div><u>Norwich 1.55 N/A 1.55 N/A 1.30 N/A 1.15 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.55 N/A N/A N/A 1.25 N/A<br>
</u></div>
<div><u>Kent Bridge 1.55 N/A 1.55 N/A 1.30 N/A 1.15 N/A<br>
</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Palmerston N/A 1.91 1.50 1.59 N/A 1.59 1.17 1.09<br>
</u></div>
<div><u>Varna 1.75 1.95 1.55 N/A 1.25 1.55 1.15 N/A<br>
</u></div>
<div><u>Mitchell 1.55 1.70 1.55 N/A 1.30 1.50 1.15 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.56 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 1.25 0.95<br>
</u></div>
<div><u>W O Feed 1.96<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 1.86 N/A N/A N/A 1.47 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.77 N/A N/A N/A 1.72 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.15US 6.92CA 5.15US 6.92CA<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 1.45 1.79 1.45 1.15<br>
</u></div>
<div><u>CAD $/bu 6.66 6.99 6.66 6.46<br>
</u></div>
<div><u>CAD $/tonne 244.54 256.88 244.54 237.38<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 225.00<br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><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: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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span><span style="color:#333333"> </span></span></span><span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario</span></span></p>
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