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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 11<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 1.3606 up 0.0239<br>
</u></div>
<div><u>Chicago corn closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.31 DEC20 HI 3.44 3/4<br>
</u></div>
<div><u> LOW 3.25 1/4 LOW 3.40<br>
</u></div>
<div><u> CLOSE3.29 3/4 Up 3 1/2 CLOSE 3.43 3/4 Up 2 1/4<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 4.60 181.00 0.90 4.34 170.76<br>
</u></div>
<div><u>CK High 1.30 4.60 181.00 0.95 4.39 172.73<br>
</u></div>
<div><u>CK Avg 1.30 0.08 4.60 181.00 0.91 -0.24 4.35 171.09<br>
</u></div>
<div><u>Essex Cty 1.30 4.60 181.00 0.90 4.34 170.76<br>
</u></div>
<div><u>Mdsx Low 1.30 4.60 181.00 0.90 4.34 170.76<br>
</u></div>
<div><u>Mdsx High 1.30 4.60 181.00 0.95 4.39 172.73<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.08 4.60 181.00 0.93 -0.23 4.36 171.74<br>
</u></div>
<div><u>Hensall 1.32 4.61 181.65 0.95 4.39 172.73<br>
</u></div>
<div><u>Bruce 1.35 4.65 182.96 0.95 4.39 172.73<br>
</u></div>
<div><u>Putnam 1.30 4.60 181.00 0.90 4.34 170.76<br>
</u></div>
<div><u>Burford 1.30 4.60 181.00 0.90 4.34 170.76<br>
</u></div>
<div><u>Port Perry 1.40 4.70 184.93 1.05 4.49 176.67<br>
</u></div>
<div><u>Norfolk 1.30 4.60 181.00 0.90 4.34 170.76<br>
</u></div>
<div><u>Palmerston 1.32 4.62 181.78 0.96 4.40 173.12<br>
</u></div>
<div><u>Varna 1.35 4.65 182.96 0.95 4.39 172.73<br>
</u></div>
<div><u>Trenton 1.40 4.70 184.93 1.10 4.54 178.63<br>
</u></div>
<div><u>Winchester 1.45 4.75 186.90 1.45 4.89 192.41<br>
</u></div>
<div><u>North Gower 1.35 4.65 182.96 1.40 4.84 190.44<br>
</u></div>
<div><u>Vankleek HilN/A 0.93 4.37 171.94<br>
</u></div>
<div><u>Huron FOB 1.43 4.73 186.11 0.90 4.34 170.76<br>
</u></div>
<div><u>Kent FOB 1.40 4.70 184.93 0.95 4.39 172.73<br>
</u></div>
<div><u>Lamb FOB 1.37 4.67 183.75 0.90 4.34 170.76<br>
</u></div>
<div><u>Mdsx FOB 1.45N/A N/A N/A 4.75 186.90 0.90 4.34 170.76<br>
</u></div>
<div><u>FOB SW Que 1.88 5.18 203.83N/A<br>
</u></div>
<div><u>Track 1.59 4.89 192.41N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.50 1.53 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 4.54 178.63<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 4.59 180.60<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 N/A 2.00 1.95 1.50 4.94 194.38<br>
</u></div>
<div><u>W O Feed 1.78 5.08 199.89<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.87 5.17 203.44<br>
</u></div>
<div><u>Toledo El. -0.07 3.23 127.14 -0.41 3.03 119.26<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 5.10 200.68 1.35 4.79 188.48<br>
</u></div>
<div><u>Prescott 1.99 5.29 208.16N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.95 4.38 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 1.3606 up 0.0239<br>
</u></div>
<div><u>Chicago soybeans closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.69 1/2 NOV20 HI 8.79 3/4<br>
</u></div>
<div><u> LOW 8.61 LOW 8.72 3/4<br>
</u></div>
<div><u> CLOSE8.66 Up 1/2 CLOSE 8.76 3/4 Down 1/4<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 Basis U.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +JUL20+AUG20+NOV20<br>
</u></div>
<div><u>CK Low 2.60 11.26 413.73 2.40 11.17 410.34<br>
</u></div>
<div><u>CK High 2.75 11.41 419.25 2.50 11.27 414.01<br>
</u></div>
<div><u>CK Average 2.66 -0.34 11.32 415.88 2.43 -0.54 11.20 411.56<br>
</u></div>
<div><u>Essex Cty 2.75 11.41 419.25 2.50 11.27 414.01<br>
</u></div>
<div><u>Mdsx Low 2.60 11.26 413.73 2.40 11.17 410.34<br>
</u></div>
<div><u>Mdsx High 2.63 11.29 414.84 2.43 11.20 411.44<br>
</u></div>
<div><u>Mdsx Average2.62 -0.37 11.28 414.29 2.42 -0.55 11.18 410.89<br>
</u></div>
<div><u>Hensall 2.63 11.29 414.96 2.43 11.20 411.56<br>
</u></div>
<div><u>Bruce 2.65 11.31 415.57 2.45 11.22 412.17<br>
</u></div>
<div><u>Putnam 2.60 11.26 413.73 2.40 11.17 410.34<br>
</u></div>
<div><u>Burford 2.70 11.36 417.41 2.50 11.27 414.01<br>
</u></div>
<div><u>Port Perry 2.65 11.31 415.57 2.45 11.22 412.17<br>
</u></div>
<div><u>Norfolk 2.75 11.41 419.25 2.55 11.32 415.85<br>
</u></div>
<div><u>Palmerston 2.63 11.29 414.84 2.43 11.20 411.44<br>
</u></div>
<div><u>Varna 2.65 11.31 415.57 2.45 11.22 412.17<br>
</u></div>
<div><u>Trenton 2.65 11.31 415.57 2.50 11.27 414.01<br>
</u></div>
<div><u>Winchester 2.70 11.36 417.41 2.50 11.27 414.01<br>
</u></div>
<div><u>North Gower 2.60 11.26 413.73 2.50 11.27 414.01<br>
</u></div>
<div><u>Vankleek Hil N/A 2.50 11.27 414.01<br>
</u></div>
<div><u>Huron FOB 2.72 11.38 418.14 2.45 11.22 412.17<br>
</u></div>
<div><u>Kent FOB 2.95 11.61 426.59 2.50 11.27 414.01<br>
</u></div>
<div><u>Lambton FOB 2.80 11.46 421.08 2.40 11.17 410.34<br>
</u></div>
<div><u>Mdsx FOB 2.82 2.88 N/A N/A 11.48 421.82 2.58 11.35 416.95<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.25 11.91 437.62 2.89 11.66 428.34<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.30 11.96 439.45 3.00 11.77 432.38<br>
</u></div>
<div><u>Prescott N/A 2.84 11.61 426.50<br>
</u></div>
<div><u>Port Colborn3.02 11.68 429.17 2.85 11.62 426.87<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.11 8.55 314.20 -0.41 8.36 307.15<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3606 up 0.0239<br>
</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.<br>
</u></div>
<div><u>JUL20 HI 5.09 SEP20 HI 5.14 3/4<br>
</u></div>
<div><u> LOW 4.98 1/2 LOW 5.04 1/4<br>
</u></div>
<div><u> CLOSE 4.99 1/4 Down 7 CLOSE 5.05 3/4 Down 5 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.<br>
</u></div>
<div><u>JUL20 HI 5.22 3/4 SEP20 HI 5.35<br>
</u></div>
<div><u> LOW 5.13 LOW 5.25 1/2<br>
</u></div>
<div><u> CLOSE 5.13 1/4 Down 6 1/4 CLOSE 5.26 Down 5 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 1.94 2.14 1.94 1.24<br>
</u></div>
<div><u>CAD $/bu 6.93 7.13 6.93 6.37<br>
</u></div>
<div><u>CAD $/tonne 254.60 262.10 254.60 234.10<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 1.09 N/A<br>
</u></div>
<div><u>London 1.76 1.96 1.49 N/A 1.30 1.50 1.09 N/A<br>
</u></div>
<div><u>Hensall 1.50 N/A 1.50 N/A 1.24 N/A 1.09 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.29 N/A<br>
</u></div>
<div><u>Bruce 1.45 1.90 1.50 1.55 1.19 1.49 1.09 1.20<br>
</u></div>
<div><u>Essex N/A N/A 1.50 N/A N/A N/A 1.04 N/A<br>
</u></div>
<div><u>Norwich 1.50 N/A 1.50 N/A 1.24 N/A 1.09 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.50 N/A N/A N/A 1.24 N/A<br>
</u></div>
<div><u>Kent Bridge 1.50 N/A 1.50 N/A 1.24 N/A 1.09 N/A<br>
</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 1.09 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.09 N/A<br>
</u></div>
<div><u>Palmerston N/A 1.93 1.60 1.65 N/A 1.62 1.20 1.15<br>
</u></div>
<div><u>Varna 1.70 1.90 1.50 N/A 1.19 1.49 1.09 N/A<br>
</u></div>
<div><u>Mitchell 1.50 1.65 1.50 N/A 1.24 1.44 1.09 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.42 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.75 1.55 0.90 N/A 1.50 1.30 1.00<br>
</u></div>
<div><u>W O Feed 1.95<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 1.83 N/A N/A N/A 1.43 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.80 N/A N/A N/A 1.74 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.99US 6.79CA 5.00US 6.80CA<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 1.48 1.82 1.48 1.22<br>
</u></div>
<div><u>CAD $/bu 6.54 6.88 6.54 6.48<br>
</u></div>
<div><u>CAD $/tonne 240.35 252.85 240.35 237.98<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 484.69<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 225.00<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";">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>
<br>
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