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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, June 16<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 1.3561 up 0.0001<br>
</u></div>
<div><u>Chicago corn closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.34 1/2 DEC20 HI 3.46 3/4<br>
</u></div>
<div><u> LOW 3.28 LOW 3.41 1/2<br>
</u></div>
<div><u> CLOSE3.29 Down 1/4 CLOSE 3.42 3/4 Up 1 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 4.59 180.70 0.90 4.33 170.37<br>
</u></div>
<div><u>CK High 1.35 4.64 182.67 0.90 4.33 170.37<br>
</u></div>
<div><u>CK Avg 1.31 0.10 4.60 181.03 0.90 -0.24 4.33 170.37<br>
</u></div>
<div><u>Essex Cty 1.35 4.64 182.67 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 0.90 4.33 170.37<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.09 4.59 180.70 0.90 -0.24 4.33 170.37<br>
</u></div>
<div><u>Hensall 1.32 4.61 181.36 0.93 4.36 171.68<br>
</u></div>
<div><u>Bruce 1.30 4.59 180.70 0.90 4.33 170.37<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 1.35 4.64 182.67 0.90 4.33 170.37<br>
</u></div>
<div><u>Palmerston 1.30 4.59 180.70 0.95 4.38 172.33<br>
</u></div>
<div><u>Varna 1.30 4.59 180.70 0.90 4.33 170.37<br>
</u></div>
<div><u>Trenton 1.45 4.74 186.61 1.10 4.53 178.24<br>
</u></div>
<div><u>Winchester 1.45 4.74 186.61 1.40 4.83 190.05<br>
</u></div>
<div><u>North Gower 1.40 4.69 184.64 1.40 4.83 190.05<br>
</u></div>
<div><u>Vankleek HilN/A 0.93 4.36 171.55<br>
</u></div>
<div><u>Huron FOB 1.48 4.77 187.79 0.94 4.37 171.94<br>
</u></div>
<div><u>Kent FOB 1.45 4.74 186.61 0.95 4.38 172.33<br>
</u></div>
<div><u>Lamb FOB 1.45 4.74 186.61 0.95 4.38 172.33<br>
</u></div>
<div><u>Mdsx FOB 1.45N/A N/A N/A 4.74 186.61 0.95 4.38 172.33<br>
</u></div>
<div><u>FOB SW Que 1.92 5.21 205.11N/A<br>
</u></div>
<div><u>Track 1.59 4.88 191.92N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.53 1.57 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 1.60 1.65 1.60 1.15 4.58 180.21<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 1.20 4.63 182.18<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 2.00N/A 1.55 4.98 195.96<br>
</u></div>
<div><u>W O Feed 1.77 5.06 199.20<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.85 5.14 202.35<br>
</u></div>
<div><u>Toledo El. -0.04 3.25 127.92 -0.27 3.16 124.26<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 1.99 5.28 207.86N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.90 4.32 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 1.3561 up 0.0001<br>
</u></div>
<div><u>Chicago soybeans closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.73 NOV20 HI 8.79 3/4<br>
</u></div>
<div><u> LOW 8.64 3/4 LOW 8.72 1/4<br>
</u></div>
<div><u> CLOSE8.67 Down 2 CLOSE 8.73 Down 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 2.75 11.42 419.61 2.49 11.22 412.26<br>
</u></div>
<div><u>CK High 2.80 11.47 421.45 2.55 11.28 414.47<br>
</u></div>
<div><u>CK Average 2.76 -0.24 11.43 420.04 2.52 -0.44 11.25 413.18<br>
</u></div>
<div><u>Essex Cty 2.75 11.42 419.61 2.50 11.23 412.63<br>
</u></div>
<div><u>Mdsx Low 2.75 11.42 419.61 2.47 11.20 411.53<br>
</u></div>
<div><u>Mdsx High 2.75 11.42 419.61 2.50 11.23 412.63<br>
</u></div>
<div><u>Mdsx Average2.75 -0.25 11.42 419.61 2.49 -0.46 11.22 412.08<br>
</u></div>
<div><u>Hensall 2.75 11.42 419.61 2.53 11.26 413.86<br>
</u></div>
<div><u>Bruce 2.75 11.42 419.61 2.55 11.28 414.47<br>
</u></div>
<div><u>Putnam 2.75 11.42 419.61 2.50 11.23 412.63<br>
</u></div>
<div><u>Burford 2.82 11.49 422.19 2.54 11.27 414.10<br>
</u></div>
<div><u>Port Perry 2.77 11.44 420.35 2.49 11.22 412.26<br>
</u></div>
<div><u>Norfolk 2.75 11.42 419.61 2.55 11.28 414.47<br>
</u></div>
<div><u>Palmerston 2.61 11.28 414.47 2.44 11.17 410.43<br>
</u></div>
<div><u>Varna 2.75 11.42 419.61 2.55 11.28 414.47<br>
</u></div>
<div><u>Trenton 2.75 11.42 419.61 2.55 11.28 414.47<br>
</u></div>
<div><u>Winchester 2.75 11.42 419.61 2.55 11.28 414.47<br>
</u></div>
<div><u>North Gower 2.72 11.39 418.51 2.55 11.28 414.47<br>
</u></div>
<div><u>Vankleek Hil N/A 2.50 11.23 412.63<br>
</u></div>
<div><u>Huron FOB 2.88 11.55 424.39 2.58 11.31 415.57<br>
</u></div>
<div><u>Kent FOB 2.95 11.62 426.96 2.50 11.23 412.63<br>
</u></div>
<div><u>Lambton FOB 3.00 11.67 428.80 2.70 11.43 419.98<br>
</u></div>
<div><u>Mdsx FOB 2.94 3.00 N/A N/A 11.61 426.59 2.62 11.35 417.04<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.23 11.90 437.25 2.84 11.57 425.12<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.30 11.97 439.82 3.00 11.73 431.00<br>
</u></div>
<div><u>Prescott N/A 2.84 11.57 425.12<br>
</u></div>
<div><u>Port Colborn3.08 11.75 431.74 2.90 11.63 427.33<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.11 8.56 314.58 -0.34 8.39 308.32<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3561 up 0.0001<br>
</u></div>
<div><u>Chicago wheat closed moderately lower.<br>
</u></div>
<div><u>JUL20 HI 5.07 1/4 SEP20 HI 5.12 1/4<br>
</u></div>
<div><u> LOW 4.91 LOW 4.96 1/4<br>
</u></div>
<div><u> CLOSE 4.96 Down 8 3/4 CLOSE 5.01 1/4 Down 8 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower to steady.<br>
</u></div>
<div><u>JUL20 HI 5.19 SEP20 HI 5.30 3/4<br>
</u></div>
<div><u> LOW 5.11 1/2 LOW 5.22 1/4<br>
</u></div>
<div><u> CLOSE 5.15 Unchanged CLOSE 5.26 1/4 Down 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 1.90 2.11 1.90 1.22<br>
</u></div>
<div><u>CAD $/bu 6.86 7.07 6.86 6.37<br>
</u></div>
<div><u>CAD $/tonne 252.13 259.61 252.13 234.20<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 1.10 N/A<br>
</u></div>
<div><u>London 1.78 1.98 1.37 N/A 1.32 1.53 1.12 N/A<br>
</u></div>
<div><u>Hensall 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Bruce 1.45 1.90 1.50 1.55 1.20 1.50 1.10 1.20<br>
</u></div>
<div><u>Essex N/A N/A 1.50 N/A N/A N/A 1.05 N/A<br>
</u></div>
<div><u>Norwich 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.50 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Kent Bridge 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A<br>
</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 1.10 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.10 N/A<br>
</u></div>
<div><u>Palmerston N/A 1.89 1.55 1.61 N/A 1.57 1.15 1.11<br>
</u></div>
<div><u>Varna 1.70 1.90 1.50 N/A 1.20 1.50 1.10 N/A<br>
</u></div>
<div><u>Mitchell 1.50 1.65 1.50 N/A 1.25 1.45 1.10 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.39 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 1.94<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 1.46 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. 4.96US 6.73CA 4.96US 6.73CA<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 1.20<br>
</u></div>
<div><u>CAD $/bu 6.46 6.80 6.46 6.46<br>
</u></div>
<div><u>CAD $/tonne 237.31 249.77 237.31 237.31<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 482.71<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);">
<p style="margin: 0in 0in 10pt; line-height: 115%; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"><o:p style=""> </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"">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>
<br>
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