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<u><span style="background-color:rgb(253,253,253); color:rgb(51,51,51); font-family:"Courier New",monospace; font-size:10pt"><span>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, June 15<br>
</span></span></u></div>
<div style="font-family:"Courier New",monospace; font-size:10pt; color:rgb(0,0,0)">
<u><span style="background-color:rgb(253,253,253); color:rgb(51,51,51); font-family:"Courier New",monospace; font-size:10pt">
<div>(All Bases in CAD)<br>
</div>
<div>Exchange rate was 1.356 down 0.0066<br>
</div>
<div>Chicago corn closed slightly lower.<br>
</div>
<div><br>
</div>
<div> JUL20 HI 3.30 DEC20 HI 3.43<br>
</div>
<div> LOW 3.25 1/2 LOW 3.38 3/4<br>
</div>
<div> CLOSE3.29 1/4 Down 3/4 CLOSE 3.41 1/2 Down 1 1/2<br>
</div>
<div><br>
</div>
<div> OLD CROP BASIS NEW CROP BASIS<br>
</div>
<div>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt<br>
</div>
<div>ELEVATORS +SEP20+SEP20+DEC20<br>
</div>
<div>CK Low 1.30 4.59 180.80 0.90 4.32 169.87<br>
</div>
<div>CK High 1.35 4.64 182.77 0.90 4.32 169.87<br>
</div>
<div>CK Avg 1.31 0.10 4.60 181.13 0.90 -0.23 4.32 169.87<br>
</div>
<div>Essex Cty 1.35 4.64 182.77 0.90 4.32 169.87<br>
</div>
<div>Mdsx Low 1.30 4.59 180.80 0.90 4.32 169.87<br>
</div>
<div>Mdsx High 1.30 4.59 180.80 0.90 4.32 169.87<br>
</div>
<div>Mdsx Avg 1.30 0.09 4.59 180.80 0.90 -0.23 4.32 169.87<br>
</div>
<div>Hensall 1.32 4.61 181.45 0.93 4.35 171.19<br>
</div>
<div>Bruce 1.30 4.59 180.80 0.90 4.32 169.87<br>
</div>
<div>Putnam 1.30 4.59 180.80 0.90 4.32 169.87<br>
</div>
<div>Burford 1.30 4.59 180.80 0.90 4.32 169.87<br>
</div>
<div>Port Perry 1.40 4.69 184.74 1.05 4.47 175.78<br>
</div>
<div>Norfolk 1.35 4.64 182.77 0.90 4.32 169.87<br>
</div>
<div>Palmerston 1.31 4.60 181.19 0.94 4.36 171.45<br>
</div>
<div>Varna 1.30 4.59 180.80 0.90 4.32 169.87<br>
</div>
<div>Trenton 1.45 4.74 186.70 1.10 4.52 177.75<br>
</div>
<div>Winchester 1.45 4.74 186.70 1.45 4.87 191.53<br>
</div>
<div>North Gower 1.40 4.69 184.74 1.40 4.82 189.56<br>
</div>
<div>Vankleek HilN/A 0.93 4.35 171.06<br>
</div>
<div>Huron FOB 1.48 4.77 187.89 0.94 4.36 171.45<br>
</div>
<div>Kent FOB 1.45 4.74 186.70 0.95 4.37 171.84<br>
</div>
<div>Lamb FOB 1.45 4.74 186.70 0.95 4.37 171.84<br>
</div>
<div>Mdsx FOB 1.45N/A N/A N/A 4.74 186.70 0.90 4.32 169.87<br>
</div>
<div>FOB SW Que 1.90 5.19 204.42N/A<br>
</div>
<div>Track 1.58 4.87 191.82N/A<br>
</div>
<div>PROCESSORS<br>
</div>
<div>Chat-Eth N/A N/A 1.53 1.57 N/A<br>
</div>
<div>Jhnstwn-Eth N/A N/A N/A N/A N/A<br>
</div>
<div>Aylmer-Eth N/A 1.60 1.65 1.60 1.15 4.57 179.72<br>
</div>
<div>Sarn-Eth N/A N/A N/A N/A N/A<br>
</div>
<div>London-Ing N/A N/A N/A N/A 1.15 4.57 179.72<br>
</div>
<div>Pt.Colb-Ing N/A N/A N/A N/A N/A<br>
</div>
<div>Cardnl-Ing N/A N/A 2.00 1.95 1.50 4.92 193.49<br>
</div>
<div>W O Feed 1.76 5.06 199.01<br>
</div>
<div><br>
</div>
<div>US Rep 1.85 5.14 202.45<br>
</div>
<div>Toledo El. -0.04 3.25 128.02 -0.27 3.14 123.77<br>
</div>
<div><br>
</div>
<div>TRANSFER<br>
</div>
<div>Pt. Colb 1.80 5.09 200.48 1.35 4.77 187.59<br>
</div>
<div>Prescott 1.99 5.28 207.96N/A<br>
</div>
<div><br>
</div>
<div><br>
</div>
<div>HI SD CRN 0.90 4.31 1/2<br>
</div>
<div>*Wet Bid<br>
</div>
<div><br>
</div>
<div><br>
</div>
<div>Exchange rate was 1.356 down 0.0066<br>
</div>
<div>Chicago soybeans closed slightly lower.<br>
</div>
<div><br>
</div>
<div> JUL20 HI 8.71 3/4 NOV20 HI 8.80<br>
</div>
<div> LOW 8.64 1/4 LOW 8.71 1/4<br>
</div>
<div> CLOSE8.69 Down 2 1/4 CLOSE 8.76 Down 3 3/4<br>
</div>
<div><br>
</div>
<div> OLD CROP NEW CROP<br>
</div>
<div>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt<br>
</div>
<div>ELEVATORS +JUL20+AUG20+NOV20<br>
</div>
<div>CK Low 2.70 11.39 418.51 2.50 11.26 413.73<br>
</div>
<div>CK High 2.80 11.49 422.19 2.57 11.33 416.31<br>
</div>
<div>CK Average 2.76 -0.25 11.45 420.53 2.53 -0.43 11.29 414.78<br>
</div>
<div>Essex Cty 2.80 11.49 422.19 2.55 11.31 415.57<br>
</div>
<div>Mdsx Low 2.70 11.39 418.51 2.50 11.26 413.73<br>
</div>
<div>Mdsx High 2.76 11.45 420.72 2.55 11.31 415.57<br>
</div>
<div>Mdsx Average2.73 -0.27 11.42 419.61 2.53 -0.44 11.29 414.65<br>
</div>
<div>Hensall 2.73 11.42 419.74 2.53 11.29 414.96<br>
</div>
<div>Bruce 2.75 11.44 420.35 2.55 11.31 415.57<br>
</div>
<div>Putnam 2.70 11.39 418.51 2.50 11.26 413.73<br>
</div>
<div>Burford 2.83 11.52 423.29 2.62 11.38 418.14<br>
</div>
<div>Port Perry 2.78 11.47 421.45 2.57 11.33 416.31<br>
</div>
<div>Norfolk 2.80 11.49 422.19 2.60 11.36 417.41<br>
</div>
<div>Palmerston 2.62 11.31 415.57 2.43 11.19 411.16<br>
</div>
<div>Varna 2.75 11.44 420.35 2.55 11.31 415.57<br>
</div>
<div>Trenton 2.75 11.44 420.35 2.50 11.26 413.73<br>
</div>
<div>Winchester 2.75 11.44 420.35 2.55 11.31 415.57<br>
</div>
<div>North Gower 2.72 11.41 419.25 2.55 11.31 415.57<br>
</div>
<div>Vankleek Hil N/A 2.50 11.26 413.73<br>
</div>
<div>Huron FOB 2.88 11.57 425.12 2.58 11.34 416.67<br>
</div>
<div>Kent FOB 3.00 11.69 429.53 2.55 11.31 415.57<br>
</div>
<div>Lambton FOB 2.95 11.64 427.70 2.65 11.41 419.25<br>
</div>
<div>Mdsx FOB 3.02 3.09 N/A N/A 11.71 430.27 2.70 11.46 421.08<br>
</div>
<div><br>
</div>
<div>PROCESSORS<br>
</div>
<div>Windsor 3.23 11.92 437.99 2.84 11.60 426.23<br>
</div>
<div><br>
</div>
<div>TRANSFER<br>
</div>
<div>Hamilton 3.35 12.04 442.39 3.05 11.81 433.94<br>
</div>
<div>Prescott N/A 2.84 11.60 426.23<br>
</div>
<div>Port Colborn3.16 11.85 435.41 2.97 11.73 431.00<br>
</div>
<div><br>
</div>
<div>Toledo El. -0.11 8.58 315.32 -0.34 8.42 309.42<br>
</div>
<div><br>
</div>
<div><br>
</div>
<div>Exchange rate was 1.356 down 0.0066<br>
</div>
<div>Chicago wheat closed narrowly mixed.<br>
</div>
<div>JUL20 HI 5.05 1/2 SEP20 HI 5.10 1/4<br>
</div>
<div> LOW 4.97 1/2 LOW 5.03<br>
</div>
<div> CLOSE 5.04 3/4 Up 2 3/4 CLOSE 5.09 3/4 Up 2<br>
</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.<br>
</div>
<div>JUL20 HI 5.16 1/2 SEP20 HI 5.28 3/4<br>
</div>
<div> LOW 5.11 3/4 LOW 5.24 1/2<br>
</div>
<div> CLOSE 5.15 Up 1 3/4 CLOSE 5.26 1/2 Up 1 1/4<br>
</div>
<div><br>
</div>
<div>GFO Cash Wheat Prices - DEL Terminal<br>
</div>
<div>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</div>
<div>Basis 1.93 2.14 1.93 1.22<br>
</div>
<div>CAD $/bu 6.98 7.18 6.98 6.37<br>
</div>
<div>CAD $/tonne 256.48 263.95 256.48 234.18<br>
</div>
<div><br>
</div>
<div><br>
</div>
<div>Direct MarkHarvest 2019 Harvest 2020<br>
</div>
<div> DELIVERED BASIS DELIVERED BASIS<br>
</div>
<div>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<br>
</div>
<div>ELEVATORS<br>
</div>
<div>Brgssvll N/A N/A N/A N/A N/A N/A 1.10 N/A<br>
</div>
<div>London 1.82 2.02 1.41 N/A 1.36 1.56 1.16 N/A<br>
</div>
<div>Hensall 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A<br>
</div>
<div>Trenton N/A N/A N/A N/A N/A N/A 1.20 N/A<br>
</div>
<div>Bruce 1.45 1.90 1.50 1.55 1.20 1.50 1.10 1.20<br>
</div>
<div>Essex N/A N/A 1.50 N/A N/A N/A 1.05 N/A<br>
</div>
<div>Norwich 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A<br>
</div>
<div>Port Hope N/A N/A 1.50 N/A N/A N/A 1.20 N/A<br>
</div>
<div>Kent Bridge 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A<br>
</div>
<div>Chatham N/A N/A N/A N/A N/A N/A 1.10 N/A<br>
</div>
<div>Brigden N/A N/A N/A N/A N/A N/A 1.10 N/A<br>
</div>
<div>Palmerston N/A 1.93 1.59 1.63 N/A 1.61 1.19 1.12<br>
</div>
<div>Varna 1.70 1.90 1.50 N/A 1.20 1.50 1.10 N/A<br>
</div>
<div>Mitchell 1.50 1.65 1.50 N/A 1.25 1.45 1.10 N/A<br>
</div>
<div>Thornton N/A N/A N/A 1.52 N/A N/A N/A N/A<br>
</div>
<div>North Gower N/A 1.80 1.60 0.90 N/A 1.55 1.32 1.05<br>
</div>
<div>W O Feed 1.95<br>
</div>
<div><br>
</div>
<div>TERMINAL<br>
</div>
<div>Port Colbor N/A N/A 1.75 N/A N/A N/A 1.49 N/A<br>
</div>
<div><br>
</div>
<div>PROCESSORS<br>
</div>
<div>Toledo FM N/A N/A 1.80 N/A N/A N/A 1.75 N/A<br>
</div>
<div><br>
</div>
<div>Toledo El. 5.05US 6.84CA 5.05US 6.84CA<br>
</div>
<div><br>
</div>
<div>GFO Contract Wheat Prices - DEL Terminal<br>
</div>
<div>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</div>
<div>Basis 1.47 1.81 1.47 1.20<br>
</div>
<div>CAD $/bu 6.57 6.91 6.57 6.46<br>
</div>
<div>CAD $/tonne 241.48 253.93 241.48 237.37<br>
</div>
<div><br>
</div>
<div>(C)-Basis over the Chicago Board of Trade futures<br>
</div>
<div>(M)-Basis over the Minneapolis Grain Exchange<br>
</div>
<div><br>
</div>
<div>FEED GRAINS<br>
</div>
<div>FOB Hm Soymeal 483.26<br>
</div>
<div>DDG's FOB Srn & Aylm 225.00<br>
</div>
<div><br>
</div>
<div><br>
</div>
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<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews</span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus</span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
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