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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 18<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 1.3604 up 0.0050<br>
</u></div>
<div><u>Chicago corn closed steady to slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.33 3/4 DEC20 HI 3.46 1/2<br>
</u></div>
<div><u> LOW 3.28 3/4 LOW 3.41<br>
</u></div>
<div><u> CLOSE3.31 Up 3/4 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 4.61 181.49 0.90 4.33 170.37<br>
</u></div>
<div><u>CK High 1.35 4.66 183.46 0.90 4.33 170.37<br>
</u></div>
<div><u>CK Avg 1.31 0.08 4.62 181.82 0.90 -0.25 4.33 170.37<br>
</u></div>
<div><u>Essex Cty 1.35 4.66 183.46 0.90 4.33 170.37<br>
</u></div>
<div><u>Mdsx Low 1.30 4.61 181.49 0.90 4.33 170.37<br>
</u></div>
<div><u>Mdsx High 1.30 4.61 181.49 0.90 4.33 170.37<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.08 4.61 181.49 0.90 -0.25 4.33 170.37<br>
</u></div>
<div><u>Hensall 1.33 4.64 182.80 0.93 4.36 171.68<br>
</u></div>
<div><u>Bruce 1.35 4.66 183.46 0.90 4.33 170.37<br>
</u></div>
<div><u>Putnam 1.30 4.61 181.49 0.90 4.33 170.37<br>
</u></div>
<div><u>Burford 1.30 4.61 181.49 0.90 4.33 170.37<br>
</u></div>
<div><u>Port Perry 1.40 4.71 185.42 1.05 4.48 176.27<br>
</u></div>
<div><u>Norfolk 1.35 4.66 183.46 0.90 4.33 170.37<br>
</u></div>
<div><u>Palmerston 1.33 4.64 182.67 0.96 4.39 172.73<br>
</u></div>
<div><u>Varna 1.35 4.66 183.46 0.90 4.33 170.37<br>
</u></div>
<div><u>Trenton 1.50 4.81 189.36 1.10 4.53 178.24<br>
</u></div>
<div><u>Winchester 1.45 4.76 187.39 1.40 4.83 190.05<br>
</u></div>
<div><u>North Gower 1.40 4.71 185.42 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 1.51 4.82 189.76 0.95 4.38 172.33<br>
</u></div>
<div><u>Kent FOB 1.45 4.76 187.39 0.95 4.38 172.33<br>
</u></div>
<div><u>Lamb FOB 1.50 4.81 189.36 0.95 4.38 172.33<br>
</u></div>
<div><u>Mdsx FOB 1.50N/A N/A N/A 4.81 189.36 0.95 4.38 172.33<br>
</u></div>
<div><u>FOB SW Que 1.93 5.24 206.29N/A<br>
</u></div>
<div><u>Track 1.66 4.97 195.66N/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 1.67 1.72 1.70 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 1.82 5.13 201.86<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.87 5.18 203.93<br>
</u></div>
<div><u>Toledo El. -0.04 3.27 128.70 -0.27 3.16 124.22<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 5.11 201.17 1.35 4.78 188.08<br>
</u></div>
<div><u>Prescott 1.99 5.30 208.65N/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 1.3604 up 0.0050<br>
</u></div>
<div><u>Chicago soybeans closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.76 1/2 NOV20 HI 8.80 1/4<br>
</u></div>
<div><u> LOW 8.70 LOW 8.75<br>
</u></div>
<div><u> CLOSE8.73 Up 1 3/4 CLOSE 8.76 Down 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 2.75 11.48 421.82 2.49 11.25 413.37<br>
</u></div>
<div><u>CK High 2.81 11.54 424.02 2.55 11.31 415.57<br>
</u></div>
<div><u>CK Average 2.79 -0.27 11.52 423.10 2.52 -0.47 11.28 414.59<br>
</u></div>
<div><u>Essex Cty 2.80 11.53 423.65 2.55 11.31 415.57<br>
</u></div>
<div><u>Mdsx Low 2.79 11.52 423.29 2.47 11.23 412.63<br>
</u></div>
<div><u>Mdsx High 2.80 11.53 423.65 2.50 11.26 413.73<br>
</u></div>
<div><u>Mdsx Average2.80 -0.26 11.53 423.47 2.49 -0.49 11.25 413.18<br>
</u></div>
<div><u>Hensall 2.77 11.50 422.43 2.53 11.29 414.96<br>
</u></div>
<div><u>Bruce 2.75 11.48 421.82 2.55 11.31 415.57<br>
</u></div>
<div><u>Putnam 2.80 11.53 423.65 2.50 11.26 413.73<br>
</u></div>
<div><u>Burford 2.86 11.59 425.86 2.54 11.30 415.20<br>
</u></div>
<div><u>Port Perry 2.81 11.54 424.02 2.49 11.25 413.37<br>
</u></div>
<div><u>Norfolk 2.80 11.53 423.65 2.60 11.36 417.41<br>
</u></div>
<div><u>Palmerston 2.67 11.40 418.88 2.48 11.24 413.00<br>
</u></div>
<div><u>Varna 2.75 11.48 421.82 2.55 11.31 415.57<br>
</u></div>
<div><u>Trenton 2.80 11.53 423.65 2.55 11.31 415.57<br>
</u></div>
<div><u>Winchester 2.75 11.48 421.82 2.55 11.31 415.57<br>
</u></div>
<div><u>North Gower 2.72 11.45 420.72 2.55 11.31 415.57<br>
</u></div>
<div><u>Vankleek Hil N/A 2.50 11.26 413.73<br>
</u></div>
<div><u>Huron FOB 3.02 11.75 431.74 2.60 11.36 417.41<br>
</u></div>
<div><u>Kent FOB 3.00 11.73 431.00 2.55 11.31 415.57<br>
</u></div>
<div><u>Lambton FOB 3.05 11.78 432.84 2.65 11.41 419.25<br>
</u></div>
<div><u>Mdsx FOB 2.98 3.04 N/A N/A 11.71 430.27 2.65 11.41 419.25<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.28 12.01 441.29 2.89 11.65 428.06<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.35 12.08 443.86 3.05 11.81 433.94<br>
</u></div>
<div><u>Prescott N/A 2.84 11.60 426.23<br>
</u></div>
<div><u>Port Colborn3.12 11.85 435.41 2.92 11.68 429.17<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.11 8.62 316.77 -0.34 8.42 309.38<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3604 up 0.0050<br>
</u></div>
<div><u>Chicago wheat closed slightly lower.<br>
</u></div>
<div><u>JUL20 HI 4.92 SEP20 HI 4.97<br>
</u></div>
<div><u> LOW 4.80 1/2 LOW 4.85 3/4<br>
</u></div>
<div><u> CLOSE 4.83 1/2 Down 5 1/4 CLOSE 4.88 3/4 Down 5 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 5.27 1/2 SEP20 HI 5.38<br>
</u></div>
<div><u> LOW 5.20 LOW 5.30<br>
</u></div>
<div><u> CLOSE 5.24 3/4 Up 4 1/2 CLOSE 5.35 3/4 Up 5<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 1.88 2.08 1.88 1.28<br>
</u></div>
<div><u>CAD $/bu 6.71 6.92 6.71 6.53<br>
</u></div>
<div><u>CAD $/tonne 246.67 254.17 246.67 239.80<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 1.95 1.34 N/A 1.29 1.49 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 1.88 1.54 1.69 N/A 1.56 1.14 1.18<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 1.14 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 1.91<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 1.68 N/A N/A N/A 1.42 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. 4.84US 6.58CA 4.84US 6.58CA<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 1.25<br>
</u></div>
<div><u>CAD $/bu 6.31 6.65 6.31 6.61<br>
</u></div>
<div><u>CAD $/tonne 231.80 244.30 231.80 242.80<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 486.79<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>
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<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>
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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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