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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, June 23<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 1.3541 up 0.0020<br>
</u></div>
<div><u>Chicago corn closed slightly to moderately lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.27 1/2 DEC20 HI 3.40 3/4<br>
</u></div>
<div><u> LOW 3.21 1/4 LOW 3.34 1/2<br>
</u></div>
<div><u> CLOSE3.25 Down 3 1/4 CLOSE 3.36 3/4 Down 5<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 1.35 4.60 181.09 0.90 4.27 168.00<br>
</u></div>
<div><u>CK High 1.39 4.64 182.67 0.95 4.32 169.97<br>
</u></div>
<div><u>CK Avg 1.36 0.15 4.61 181.36 0.91 -0.21 4.28 168.33<br>
</u></div>
<div><u>Essex Cty 1.39 4.64 182.67 0.90 4.27 168.00<br>
</u></div>
<div><u>Mdsx Low 1.35 4.60 181.09 0.90 4.27 168.00<br>
</u></div>
<div><u>Mdsx High 1.35 4.60 181.09 0.90 4.27 168.00<br>
</u></div>
<div><u>Mdsx Avg 1.35 0.15 4.60 181.09 0.90 -0.22 4.27 168.00<br>
</u></div>
<div><u>Hensall 1.37 4.62 181.75 0.92 4.28 168.66<br>
</u></div>
<div><u>Bruce 1.35 4.60 181.09 0.90 4.27 168.00<br>
</u></div>
<div><u>Putnam 1.35 4.60 181.09 0.90 4.27 168.00<br>
</u></div>
<div><u>Burford 1.35 4.60 181.09 0.90 4.27 168.00<br>
</u></div>
<div><u>Port Perry 1.50 4.75 187.00 1.10 4.47 175.88<br>
</u></div>
<div><u>Norfolk 1.39 4.64 182.67 0.90 4.27 168.00<br>
</u></div>
<div><u>Palmerston 1.32 4.57 179.91 0.91 4.28 168.40<br>
</u></div>
<div><u>Varna 1.35 4.60 181.09 0.90 4.27 168.00<br>
</u></div>
<div><u>Trenton 1.50 4.75 187.00 1.10 4.47 175.88<br>
</u></div>
<div><u>Winchester 1.45 4.70 185.03 1.40 4.77 187.69<br>
</u></div>
<div><u>North Gower 1.40 4.65 183.06 1.40 4.77 187.69<br>
</u></div>
<div><u>Vankleek HilN/A 0.93 4.30 169.19<br>
</u></div>
<div><u>Huron FOB N/A 1.54N/A N/A 0.95 4.32 169.97<br>
</u></div>
<div><u>Kent FOB 1.49 4.74 186.61 0.95 4.32 169.97<br>
</u></div>
<div><u>Lamb FOB 1.40 4.65 183.06 0.88 4.25 167.22<br>
</u></div>
<div><u>Mdsx FOB 1.50 1.50N/A N/A 4.75 187.00 0.95 4.32 169.97<br>
</u></div>
<div><u>FOB SW Que 1.96 5.21 205.11N/A<br>
</u></div>
<div><u>Track 1.66 4.91 193.30N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.49 1.52 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 1.66 1.69 1.66 1.11 4.48 176.27<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 4.57 179.81<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 4.92 193.59<br>
</u></div>
<div><u>W O Feed 1.78 5.03 198.12<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.83 5.08 199.99<br>
</u></div>
<div><u>Toledo El. -0.04 3.21 126.35 -0.27 3.10 121.91<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 5.05 198.81 1.35 4.72 185.72<br>
</u></div>
<div><u>Prescott 1.99 5.24 206.29N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.95 4.31 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 1.3541 up 0.0020<br>
</u></div>
<div><u>Chicago soybeans closed slightly lower to steady.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.79 NOV20 HI 8.80 1/4<br>
</u></div>
<div><u> LOW 8.65 LOW 8.65<br>
</u></div>
<div><u> CLOSE8.75 Down 1 1/4 CLOSE 8.74 Down 5 1/4<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 11.45 420.72 2.45 11.19 411.16<br>
</u></div>
<div><u>CK High 2.76 11.51 422.92 2.55 11.29 414.84<br>
</u></div>
<div><u>CK Average 2.74 -0.27 11.49 422.00 2.49 -0.45 11.23 412.63<br>
</u></div>
<div><u>Essex Cty 2.75 11.50 422.55 2.50 11.24 413.00<br>
</u></div>
<div><u>Mdsx Low 2.70 11.45 420.72 2.45 11.19 411.16<br>
</u></div>
<div><u>Mdsx High 2.74 11.49 422.19 2.47 11.21 411.90<br>
</u></div>
<div><u>Mdsx Average2.72 -0.28 11.47 421.45 2.46 -0.47 11.20 411.53<br>
</u></div>
<div><u>Hensall 2.77 11.52 423.17 2.52 11.26 413.61<br>
</u></div>
<div><u>Bruce 2.80 11.55 424.39 2.60 11.34 416.67<br>
</u></div>
<div><u>Putnam 2.70 11.45 420.72 2.45 11.19 411.16<br>
</u></div>
<div><u>Burford 2.81 11.56 424.76 2.54 11.28 414.47<br>
</u></div>
<div><u>Port Perry 2.76 11.51 422.92 2.49 11.23 412.63<br>
</u></div>
<div><u>Norfolk 2.75 11.50 422.55 2.55 11.29 414.84<br>
</u></div>
<div><u>Palmerston 2.79 11.54 424.02 2.57 11.31 415.57<br>
</u></div>
<div><u>Varna 2.80 11.55 424.39 2.55 11.29 414.84<br>
</u></div>
<div><u>Trenton 2.80 11.55 424.39 2.55 11.29 414.84<br>
</u></div>
<div><u>Winchester 2.75 11.50 422.55 2.55 11.29 414.84<br>
</u></div>
<div><u>North Gower 2.72 11.47 421.45 2.55 11.29 414.84<br>
</u></div>
<div><u>Vankleek Hil N/A 2.50 11.24 413.00<br>
</u></div>
<div><u>Huron FOB 2.97 11.72 430.64 2.55 11.29 414.84<br>
</u></div>
<div><u>Kent FOB 2.95 11.70 429.90 2.50 11.24 413.00<br>
</u></div>
<div><u>Lambton FOB 3.05 11.80 433.58 2.65 11.39 418.51<br>
</u></div>
<div><u>Mdsx FOB 2.93 3.00 N/A N/A 11.68 429.17 2.59 11.33 416.31<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.23 11.98 440.19 2.82 11.56 424.76<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.30 12.05 442.76 3.00 11.74 431.37<br>
</u></div>
<div><u>Prescott N/A 2.84 11.58 425.49<br>
</u></div>
<div><u>Port Colborn3.07 11.82 434.31 2.86 11.60 426.23<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.11 8.64 317.53 -0.34 8.40 308.70<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3541 up 0.0020<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 4.88 3/4 SEP20 HI 4.93 1/4<br>
</u></div>
<div><u> LOW 4.79 1/4 LOW 4.83 3/4<br>
</u></div>
<div><u> CLOSE 4.86 Up 1 CLOSE 4.91 Up 1 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.<br>
</u></div>
<div><u>JUL20 HI 5.18 1/2 SEP20 HI 5.28<br>
</u></div>
<div><u> LOW 5.13 LOW 5.22 1/4<br>
</u></div>
<div><u> CLOSE 5.14 3/4 Down 4 CLOSE 5.23 3/4 Down 4 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 1.86 2.06 1.86 1.21<br>
</u></div>
<div><u>CAD $/bu 6.72 6.92 6.72 6.36<br>
</u></div>
<div><u>CAD $/tonne 246.78 254.25 246.78 233.72<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 1.05 N/A<br>
</u></div>
<div><u>London 1.69 1.89 1.29 N/A 1.24 1.44 1.03 N/A<br>
</u></div>
<div><u>Hensall 1.30 N/A 1.30 N/A 1.20 N/A 1.05 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 N/A N/A N/A N/A 1.20 1.50 1.10 1.20<br>
</u></div>
<div><u>Essex N/A N/A 1.45 N/A N/A N/A 1.05 N/A<br>
</u></div>
<div><u>Norwich 1.30 N/A 1.30 N/A 1.20 N/A 1.05 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.40 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Kent Bridge 1.30 N/A 1.30 N/A 1.20 N/A 1.05 N/A<br>
</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 1.05 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.05 N/A<br>
</u></div>
<div><u>Palmerston N/A 1.85 1.31 1.61 N/A 1.53 1.11 1.10<br>
</u></div>
<div><u>Varna 1.50 1.70 1.30 N/A 1.15 1.45 1.05 N/A<br>
</u></div>
<div><u>Mitchell 1.30 1.45 1.30 N/A 1.20 1.40 1.05 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.21 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 1.60 1.30 1.10<br>
</u></div>
<div><u>W O Feed 1.88<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A N/A N/A N/A N/A 1.37 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.72 N/A N/A N/A 1.67 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.86US 6.58CA 4.86US 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 1.40 1.74 1.40 1.18<br>
</u></div>
<div><u>CAD $/bu 6.31 6.65 6.31 6.42<br>
</u></div>
<div><u>CAD $/tonne 231.86 244.29 231.86 235.71<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 484.25<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 220.00<br>
</u></div>
<div><u><br>
</u></div>
<div>
<p style="text-decoration-line: underline; margin: 0in 0in 10pt; line-height: 115%; font-size: 11pt; font-family: Calibri, sans-serif;">
<br>
</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";">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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