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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 25<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 1.3648 up 0.0043<br>
</u></div>
<div><u>Chicago corn closed moderately lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.24 1/4 DEC20 HI 3.33 3/4<br>
</u></div>
<div><u> LOW 3.15 LOW 3.24<br>
</u></div>
<div><u> CLOSE3.17 1/4 Down 7 CLOSE 3.28 Down 5 3/4<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 1.35 4.52 178.04 0.90 4.18 164.56<br>
</u></div>
<div><u>CK High 1.38 4.55 179.22 0.95 4.23 166.53<br>
</u></div>
<div><u>CK Avg 1.36 0.15 4.53 178.44 0.91 -0.21 4.19 164.89<br>
</u></div>
<div><u>Essex Cty 1.38 4.55 179.22 0.90 4.18 164.56<br>
</u></div>
<div><u>Mdsx Low 1.35 4.52 178.04 0.90 4.18 164.56<br>
</u></div>
<div><u>Mdsx High 1.38 4.55 179.22 0.90 4.18 164.56<br>
</u></div>
<div><u>Mdsx Avg 1.37 0.15 4.54 178.63 0.90 -0.22 4.18 164.56<br>
</u></div>
<div><u>Hensall 1.38 4.55 179.09 0.92 4.20 165.22<br>
</u></div>
<div><u>Bruce 1.38 4.55 179.22 0.90 4.18 164.56<br>
</u></div>
<div><u>Putnam 1.35 4.52 178.04 0.90 4.18 164.56<br>
</u></div>
<div><u>Burford 1.38 4.55 179.22 0.90 4.18 164.56<br>
</u></div>
<div><u>Port Perry 1.53 4.70 185.13 1.10 4.38 172.43<br>
</u></div>
<div><u>Norfolk 1.38 4.55 179.22 0.90 4.18 164.56<br>
</u></div>
<div><u>Palmerston 1.34 4.51 177.65 0.93 4.21 165.74<br>
</u></div>
<div><u>Varna 1.35 4.52 178.04 0.90 4.18 164.56<br>
</u></div>
<div><u>Trenton 1.50 4.67 183.95 1.10 4.38 172.43<br>
</u></div>
<div><u>Winchester 1.45 4.62 181.98 1.40 4.68 184.24<br>
</u></div>
<div><u>North Gower 1.40 4.57 180.01 1.40 4.68 184.24<br>
</u></div>
<div><u>Vankleek HilN/A 0.94 4.22 166.13<br>
</u></div>
<div><u>Huron FOB 1.61 4.78 188.28 0.99 4.27 168.10<br>
</u></div>
<div><u>Kent FOB 1.48 4.65 183.16 0.95 4.23 166.53<br>
</u></div>
<div><u>Lamb FOB 1.40 4.57 180.01 0.88 4.16 163.77<br>
</u></div>
<div><u>Mdsx FOB 1.50 1.50N/A N/A 4.67 183.95 0.95 4.23 166.53<br>
</u></div>
<div><u>FOB SW Que 1.96 5.13 202.06N/A<br>
</u></div>
<div><u>Track 1.68 4.85 191.03N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.51 1.53 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 4.39 172.83<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 4.48 176.37<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 4.83 190.15<br>
</u></div>
<div><u>W O Feed 1.81 4.98 195.96<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.84 5.01 197.33<br>
</u></div>
<div><u>Toledo El. -0.04 3.13 123.28 -0.27 3.01 118.38<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.83 5.00 196.94 1.35 4.63 182.28<br>
</u></div>
<div><u>Prescott 2.03 5.20 204.81 1.48 4.76 187.39<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.95 4.231<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 1.3648 up 0.0043<br>
</u></div>
<div><u>Chicago soybeans closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> AUG20 HI 8.67 3/4 NOV20 HI 8.70 1/2<br>
</u></div>
<div><u> LOW 8.58 3/4 LOW 8.60<br>
</u></div>
<div><u> CLOSE8.66 1/2 Down 1 CLOSE 8.68 1/4 Down 1 3/4<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 +AUG20+AUG20+NOV20<br>
</u></div>
<div><u>CK Low 2.78 11.45 420.53 2.50 11.18 410.89<br>
</u></div>
<div><u>CK High 2.88 11.55 424.21 2.60 11.28 414.56<br>
</u></div>
<div><u>CK Average 2.83 -0.24 11.50 422.43 2.55 -0.45 11.23 412.60<br>
</u></div>
<div><u>Essex Cty 2.85 11.52 423.10 2.55 11.23 412.72<br>
</u></div>
<div><u>Mdsx Low 2.80 11.47 421.27 2.51 11.19 411.25<br>
</u></div>
<div><u>Mdsx High 2.83 11.50 422.37 2.60 11.28 414.56<br>
</u></div>
<div><u>Mdsx Average2.82 -0.25 11.48 421.82 2.56 -0.45 11.24 412.91<br>
</u></div>
<div><u>Hensall 2.81 11.48 421.63 2.57 11.25 413.34<br>
</u></div>
<div><u>Bruce 2.80 11.47 421.27 2.55 11.23 412.72<br>
</u></div>
<div><u>Putnam 2.83 11.50 422.37 2.60 11.28 414.56<br>
</u></div>
<div><u>Burford 2.87 11.54 423.84 2.58 11.26 413.83<br>
</u></div>
<div><u>Port Perry 2.82 11.49 422.00 2.53 11.21 411.99<br>
</u></div>
<div><u>Norfolk 2.85 11.52 423.10 2.60 11.28 414.56<br>
</u></div>
<div><u>Palmerston 2.90 11.57 424.94 2.66 11.34 416.77<br>
</u></div>
<div><u>Varna 2.83 11.50 422.37 2.55 11.23 412.72<br>
</u></div>
<div><u>Trenton 2.83 11.50 422.37 2.60 11.28 414.56<br>
</u></div>
<div><u>Winchester 2.88 11.55 424.21 2.60 11.28 414.56<br>
</u></div>
<div><u>North Gower 2.75 11.42 419.43 2.55 11.23 412.72<br>
</u></div>
<div><u>Vankleek Hil N/A 2.88 11.56 424.85<br>
</u></div>
<div><u>Huron FOB 3.07 11.74 431.19 2.66 11.34 416.77<br>
</u></div>
<div><u>Kent FOB 3.00 11.67 428.62 2.55 11.23 412.72<br>
</u></div>
<div><u>Lambton FOB 3.08 11.75 431.55 2.70 11.38 418.24<br>
</u></div>
<div><u>Mdsx FOB 2.99 3.13 N/A N/A 11.66 428.25 2.73 11.41 419.34<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.33 12.00 440.74 2.90 11.58 425.58<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.35 12.02 441.48 3.05 11.73 431.10<br>
</u></div>
<div><u>Prescott N/A 3.02 11.70 429.99<br>
</u></div>
<div><u>Port Colborn3.13 11.80 433.39 2.93 11.61 426.69<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 8.67 318.38 -0.34 8.34 306.49<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3648 up 0.0043<br>
</u></div>
<div><u>Chicago wheat closed mixed.<br>
</u></div>
<div><u>JUL20 HI 4.89 1/4 SEP20 HI 4.91 3/4<br>
</u></div>
<div><u> LOW 4.78 3/4 LOW 4.83 1/4<br>
</u></div>
<div><u> CLOSE 4.86 3/4 Up 5 1/2 CLOSE 4.88 1/4 Up 2 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.<br>
</u></div>
<div><u>JUL20 HI 5.15 3/4 SEP20 HI 5.24 1/4<br>
</u></div>
<div><u> LOW 5.10 LOW 5.18<br>
</u></div>
<div><u> CLOSE 5.11 Down 5 1/4 CLOSE 5.19 Down 5 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 1.91 2.12 1.91 1.25<br>
</u></div>
<div><u>CAD $/bu 6.78 6.98 6.78 6.36<br>
</u></div>
<div><u>CAD $/tonne 249.11 256.63 249.11 233.69<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 1.08 N/A<br>
</u></div>
<div><u>London 1.76 1.96 1.35 N/A 1.33 1.53 1.13 N/A<br>
</u></div>
<div><u>Hensall 1.30 N/A 1.30 N/A 1.23 N/A 1.08 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.23 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 1.42 N/A N/A N/A 1.05 N/A<br>
</u></div>
<div><u>Norwich 1.30 N/A 1.30 N/A 1.23 N/A 1.08 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.30 N/A N/A N/A 1.23 N/A<br>
</u></div>
<div><u>Kent Bridge 1.30 N/A 1.30 N/A 1.23 N/A 1.08 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 1.90 1.36 1.66 N/A 1.57 1.15 1.14<br>
</u></div>
<div><u>Varna 1.45 1.65 1.25 N/A 1.18 1.48 1.08 N/A<br>
</u></div>
<div><u>Mitchell 1.30 1.45 1.30 N/A 1.23 1.43 1.08 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.32 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 1.93<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 1.46 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.78 N/A N/A N/A 1.75 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.87US 6.64CA 4.86US 6.64CA<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 1.44 1.78 1.44 1.28<br>
</u></div>
<div><u>CAD $/bu 6.32 6.66 6.32 6.47<br>
</u></div>
<div><u>CAD $/tonne 232.31 244.85 232.31 237.70<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 481.72<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 220.00<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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<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<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>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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