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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, June 12<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 1.3626 up 0.0020<br>
</u></div>
<div><u>Chicago corn closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.33 DEC20 HI 3.45 3/4<br>
</u></div>
<div><u> LOW 3.28 1/4 LOW 3.41 3/4<br>
</u></div>
<div><u> CLOSE3.30 Up 1/4 CLOSE 3.43 Down 3/4<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 4.60 181.09 0.90 4.33 170.46<br>
</u></div>
<div><u>CK High 1.30 4.60 181.09 0.95 4.38 172.43<br>
</u></div>
<div><u>CK Avg 1.30 0.08 4.60 181.09 0.91 -0.25 4.34 170.79<br>
</u></div>
<div><u>Essex Cty 1.30 4.60 181.09 0.90 4.33 170.46<br>
</u></div>
<div><u>Mdsx Low 1.30 4.60 181.09 0.90 4.33 170.46<br>
</u></div>
<div><u>Mdsx High 1.30 4.60 181.09 0.90 4.33 170.46<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.08 4.60 181.09 0.90 -0.25 4.33 170.46<br>
</u></div>
<div><u>Hensall 1.32 4.62 181.75 0.93 4.36 171.78<br>
</u></div>
<div><u>Bruce 1.30 4.60 181.09 0.90 4.33 170.46<br>
</u></div>
<div><u>Putnam 1.30 4.60 181.09 0.90 4.33 170.46<br>
</u></div>
<div><u>Burford 1.30 4.60 181.09 0.90 4.33 170.46<br>
</u></div>
<div><u>Port Perry 1.40 4.70 185.03 1.05 4.48 176.37<br>
</u></div>
<div><u>Norfolk 1.30 4.60 181.09 0.90 4.33 170.46<br>
</u></div>
<div><u>Palmerston 1.34 4.64 182.67 0.97 4.40 173.22<br>
</u></div>
<div><u>Varna 1.30 4.60 181.09 0.90 4.33 170.46<br>
</u></div>
<div><u>Trenton 1.45 4.75 187.00 1.10 4.53 178.34<br>
</u></div>
<div><u>Winchester 1.45 4.75 187.00 1.45 4.88 192.12<br>
</u></div>
<div><u>North Gower 1.40 4.70 185.03 1.40 4.83 190.15<br>
</u></div>
<div><u>Vankleek HilN/A 0.93 4.36 171.65<br>
</u></div>
<div><u>Huron FOB 1.48 4.78 188.18 0.94 4.37 172.04<br>
</u></div>
<div><u>Kent FOB 1.40 4.70 185.03 0.95 4.38 172.43<br>
</u></div>
<div><u>Lamb FOB 1.45 4.75 187.00 0.95 4.38 172.43<br>
</u></div>
<div><u>Mdsx FOB 1.45N/A N/A N/A 4.75 187.00 0.90 4.33 170.46<br>
</u></div>
<div><u>FOB SW Que 1.89 5.19 204.32N/A<br>
</u></div>
<div><u>Track 1.59 4.89 192.51N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.55 1.59 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 4.53 178.34<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 4.58 180.31<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 4.93 194.09<br>
</u></div>
<div><u>W O Feed 1.80 5.10 200.58<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.88 5.18 203.93<br>
</u></div>
<div><u>Toledo El. -0.04 3.26 128.31 -0.27 3.16 124.30<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 5.10 200.78 1.35 4.78 188.18<br>
</u></div>
<div><u>Prescott 1.99 5.29 208.26N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.95 4.38<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 1.3626 up 0.0020<br>
</u></div>
<div><u>Chicago soybeans closed mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.73 NOV20 HI 8.84 1/2<br>
</u></div>
<div><u> LOW 8.63 1/2 LOW 8.74 1/2<br>
</u></div>
<div><u> CLOSE8.71 1/4 Up 5 1/4 CLOSE 8.79 3/4 Up 3<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 2.70 11.41 419.34 2.50 11.30 415.11<br>
</u></div>
<div><u>CK High 2.75 11.46 421.17 2.53 11.33 416.21<br>
</u></div>
<div><u>CK Average 2.73 -0.31 11.44 420.44 2.51 -0.50 11.30 415.30<br>
</u></div>
<div><u>Essex Cty 2.75 11.46 421.17 2.50 11.30 415.11<br>
</u></div>
<div><u>Mdsx Low 2.70 11.41 419.34 2.50 11.30 415.11<br>
</u></div>
<div><u>Mdsx High 2.71 11.42 419.71 2.51 11.31 415.48<br>
</u></div>
<div><u>Mdsx Average2.71 -0.33 11.42 419.52 2.51 -0.50 11.30 415.30<br>
</u></div>
<div><u>Hensall 2.73 11.45 420.56 2.53 11.33 416.34<br>
</u></div>
<div><u>Bruce 2.65 11.36 417.50 2.45 11.25 413.27<br>
</u></div>
<div><u>Putnam 2.70 11.41 419.34 2.50 11.30 415.11<br>
</u></div>
<div><u>Burford 2.78 11.49 422.28 2.58 11.38 418.05<br>
</u></div>
<div><u>Port Perry 2.73 11.44 420.44 2.53 11.33 416.21<br>
</u></div>
<div><u>Norfolk 2.75 11.46 421.17 2.55 11.35 416.95<br>
</u></div>
<div><u>Palmerston 2.69 11.40 418.97 2.51 11.31 415.48<br>
</u></div>
<div><u>Varna 2.75 11.46 421.17 2.55 11.35 416.95<br>
</u></div>
<div><u>Trenton 2.75 11.46 421.17 2.50 11.30 415.11<br>
</u></div>
<div><u>Winchester 2.75 11.46 421.17 2.55 11.35 416.95<br>
</u></div>
<div><u>North Gower 2.67 11.38 418.24 2.52 11.32 415.85<br>
</u></div>
<div><u>Vankleek Hil N/A 2.50 11.30 415.11<br>
</u></div>
<div><u>Huron FOB 2.88 11.59 425.95 2.58 11.38 418.05<br>
</u></div>
<div><u>Kent FOB 2.95 11.66 428.52 2.50 11.30 415.11<br>
</u></div>
<div><u>Lambton FOB 2.95 11.66 428.52 2.65 11.45 420.62<br>
</u></div>
<div><u>Mdsx FOB 2.90 2.97 N/A N/A 11.61 426.69 2.66 11.46 420.99<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.30 12.01 441.38 2.92 11.72 430.54<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.30 12.01 441.38 3.00 11.80 433.48<br>
</u></div>
<div><u>Prescott N/A 2.84 11.64 427.60<br>
</u></div>
<div><u>Port Colborn3.11 11.82 434.40 2.93 11.73 430.91<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.11 8.60 316.12 -0.34 8.46 310.74<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3626 up 0.0020<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 5.04 3/4 SEP20 HI 5.10 1/2<br>
</u></div>
<div><u> LOW 4.95 1/4 LOW 5.01 3/4<br>
</u></div>
<div><u> CLOSE 5.02 Up 2 3/4 CLOSE 5.07 3/4 Up 2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower to steady.<br>
</u></div>
<div><u>JUL20 HI 5.18 SEP20 HI 5.30 1/4<br>
</u></div>
<div><u> LOW 5.12 LOW 5.24 1/2<br>
</u></div>
<div><u> CLOSE 5.13 1/4 Unchanged CLOSE 5.25 1/4 Down 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 1.96 2.16 1.96 1.25<br>
</u></div>
<div><u>CAD $/bu 6.98 7.18 6.98 6.38<br>
</u></div>
<div><u>CAD $/tonne 256.34 263.85 256.34 234.44<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 1.78 1.98 1.37 N/A 1.31 1.51 1.10 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 1.19 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 1.97 1.63 1.67 N/A 1.65 1.22 1.16<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 1.47 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.80 1.60 0.90 N/A 1.55 1.32 1.05<br>
</u></div>
<div><u>W O Feed 1.99<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 1.71 N/A N/A N/A 1.44 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.82 N/A N/A N/A 1.76 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.02US 6.84CA 5.02US 6.84CA<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 1.50 1.84 1.50 1.22<br>
</u></div>
<div><u>CAD $/bu 6.58 6.92 6.58 6.48<br>
</u></div>
<div><u>CAD $/tonne 241.70 254.21 241.70 237.94<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 483.92<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 225.00<br>
</u></div>
<div><u><br>
</u></div>
<u><span></span><br>
</u></div>
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<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></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>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
</span></p>
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