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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 17<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 1.3554 down 0.0007<br>
</u></div>
<div><u>Chicago corn closed steady to slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.31 1/4 DEC20 HI 3.43 3/4<br>
</u></div>
<div><u> LOW 3.25 LOW 3.39 1/4<br>
</u></div>
<div><u> CLOSE3.30 1/4 Up 1 1/4 CLOSE 3.42 3/4 Unchanged<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 4.60 181.19 0.90 4.33 170.37<br>
</u></div>
<div><u>CK High 1.35 4.65 183.16 0.90 4.33 170.37<br>
</u></div>
<div><u>CK Avg 1.31 0.10 4.61 181.52 0.90 -0.23 4.33 170.37<br>
</u></div>
<div><u>Essex Cty 1.35 4.65 183.16 0.90 4.33 170.37<br>
</u></div>
<div><u>Mdsx Low 1.30 4.60 181.19 0.90 4.33 170.37<br>
</u></div>
<div><u>Mdsx High 1.30 4.60 181.19 0.90 4.33 170.37<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.09 4.60 181.19 0.90 -0.23 4.33 170.37<br>
</u></div>
<div><u>Hensall 1.32 4.62 181.85 0.93 4.36 171.68<br>
</u></div>
<div><u>Bruce 1.30 4.60 181.19 0.90 4.33 170.37<br>
</u></div>
<div><u>Putnam 1.30 4.60 181.19 0.90 4.33 170.37<br>
</u></div>
<div><u>Burford 1.30 4.60 181.19 0.90 4.33 170.37<br>
</u></div>
<div><u>Port Perry 1.40 4.70 185.13 1.05 4.48 176.27<br>
</u></div>
<div><u>Norfolk 1.35 4.65 183.16 0.90 4.33 170.37<br>
</u></div>
<div><u>Palmerston 1.31 4.61 181.59 0.95 4.38 172.33<br>
</u></div>
<div><u>Varna 1.30 4.60 181.19 0.90 4.33 170.37<br>
</u></div>
<div><u>Trenton 1.45 4.75 187.10 1.10 4.53 178.24<br>
</u></div>
<div><u>Winchester 1.45 4.75 187.10 1.40 4.83 190.05<br>
</u></div>
<div><u>North Gower 1.40 4.70 185.13 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 4.78 188.28 0.94 4.37 171.94<br>
</u></div>
<div><u>Kent FOB 1.45 4.75 187.10 0.95 4.38 172.33<br>
</u></div>
<div><u>Lamb FOB 1.45 4.75 187.10 0.95 4.38 172.33<br>
</u></div>
<div><u>Mdsx FOB 1.50N/A N/A N/A 4.80 189.07 0.95 4.38 172.33<br>
</u></div>
<div><u>FOB SW Que 1.92 5.22 205.60N/A<br>
</u></div>
<div><u>Track 1.65 4.95 194.97N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.53 1.56 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 1.80 5.10 200.88<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.85 5.15 202.84<br>
</u></div>
<div><u>Toledo El. -0.04 3.26 128.41 -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 5.10 200.88 1.35 4.78 188.08<br>
</u></div>
<div><u>Prescott 1.99 5.29 208.36N/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 1.3554 down 0.0007<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.75 3/4 NOV20 HI 8.79 1/2<br>
</u></div>
<div><u> LOW 8.60 LOW 8.66<br>
</u></div>
<div><u> CLOSE8.71 1/4 Up 4 1/4 CLOSE 8.76 1/2 Up 3 1/2<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 2.74 11.45 420.81 2.46 11.23 412.45<br>
</u></div>
<div><u>CK High 2.75 11.46 421.17 2.55 11.32 415.76<br>
</u></div>
<div><u>CK Average 2.75 -0.26 11.46 421.11 2.51 -0.45 11.28 414.29<br>
</u></div>
<div><u>Essex Cty 2.75 11.46 421.17 2.50 11.27 413.92<br>
</u></div>
<div><u>Mdsx Low 2.72 11.43 420.07 2.44 11.21 411.71<br>
</u></div>
<div><u>Mdsx High 2.75 11.46 421.17 2.50 11.27 413.92<br>
</u></div>
<div><u>Mdsx Average2.74 -0.27 11.45 420.62 2.47 -0.48 11.24 412.82<br>
</u></div>
<div><u>Hensall 2.75 11.46 421.17 2.53 11.30 415.14<br>
</u></div>
<div><u>Bruce 2.75 11.46 421.17 2.55 11.32 415.76<br>
</u></div>
<div><u>Putnam 2.75 11.46 421.17 2.50 11.27 413.92<br>
</u></div>
<div><u>Burford 2.79 11.50 422.64 2.51 11.28 414.29<br>
</u></div>
<div><u>Port Perry 2.74 11.45 420.81 2.46 11.23 412.45<br>
</u></div>
<div><u>Norfolk 2.75 11.46 421.17 2.55 11.32 415.76<br>
</u></div>
<div><u>Palmerston 2.62 11.33 416.40 2.44 11.21 411.71<br>
</u></div>
<div><u>Varna 2.75 11.46 421.17 2.55 11.32 415.76<br>
</u></div>
<div><u>Trenton 2.75 11.46 421.17 2.55 11.32 415.76<br>
</u></div>
<div><u>Winchester 2.75 11.46 421.17 2.55 11.32 415.76<br>
</u></div>
<div><u>North Gower 2.72 11.43 420.07 2.55 11.32 415.76<br>
</u></div>
<div><u>Vankleek Hil N/A 2.50 11.27 413.92<br>
</u></div>
<div><u>Huron FOB 2.88 11.59 425.95 2.58 11.35 416.86<br>
</u></div>
<div><u>Kent FOB 2.95 11.66 428.52 2.50 11.27 413.92<br>
</u></div>
<div><u>Lambton FOB 3.00 11.71 430.36 2.70 11.47 421.27<br>
</u></div>
<div><u>Mdsx FOB 2.91 2.98 N/A N/A 11.62 427.05 2.58 11.35 416.86<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.23 11.94 438.81 2.84 11.61 426.41<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 11.77 432.29<br>
</u></div>
<div><u>Prescott N/A 2.84 11.61 426.41<br>
</u></div>
<div><u>Port Colborn3.05 11.76 432.20 2.86 11.63 427.15<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.11 8.60 316.15 -0.34 8.43 309.61<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3554 down 0.0007<br>
</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.<br>
</u></div>
<div><u>JUL20 HI 4.95 3/4 SEP20 HI 5.00 3/4<br>
</u></div>
<div><u> LOW 4.87 1/4 LOW 4.92 3/4<br>
</u></div>
<div><u> CLOSE 4.88 3/4 Down 7 1/4 CLOSE 4.94 Down 7 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 5.24 SEP20 HI 5.34 3/4<br>
</u></div>
<div><u> LOW 5.12 1/2 LOW 5.23 3/4<br>
</u></div>
<div><u> CLOSE 5.20 1/4 Up 5 1/4 CLOSE 5.30 3/4 Up 4 1/2<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 1.87 2.08 1.87 1.24<br>
</u></div>
<div><u>CAD $/bu 6.76 6.96 6.76 6.44<br>
</u></div>
<div><u>CAD $/tonne 248.39 255.86 248.39 236.68<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 1.74 1.94 1.33 N/A 1.28 1.48 1.08 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 1.87 1.53 1.64 N/A 1.55 1.13 1.13<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 1.23 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A N/A N/A N/A N/A 1.55 1.32 1.05<br>
</u></div>
<div><u>W O Feed 1.90<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 1.67 N/A N/A N/A 1.41 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.74 N/A N/A N/A 1.69 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.89US 6.62CA 4.89US 6.63CA<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 1.42 1.76 1.42 1.21<br>
</u></div>
<div><u>CAD $/bu 6.36 6.70 6.36 6.52<br>
</u></div>
<div><u>CAD $/tonne 233.57 246.02 233.57 239.42<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 485.80<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 220.00 - 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: 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>
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