FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 25 (All Bases in CAD) Exchange rate was 1.3648 up 0.0043 Chicago corn closed moderately lower. JUL20 HI 3.24 1/4 DEC20 HI 3.33 3/4 LOW 3.15 LOW 3.24 CLOSE3.17 1/4 Down 7 CLOSE 3.28 Down 5 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP20+SEP20+DEC20 CK Low 1.35 4.52 178.04 0.90 4.18 164.56 CK High 1.38 4.55 179.22 0.95 4.23 166.53 CK Avg 1.36 0.15 4.53 178.44 0.91 -0.21 4.19 164.89 Essex Cty 1.38 4.55 179.22 0.90 4.18 164.56 Mdsx Low 1.35 4.52 178.04 0.90 4.18 164.56 Mdsx High 1.38 4.55 179.22 0.90 4.18 164.56 Mdsx Avg 1.37 0.15 4.54 178.63 0.90 -0.22 4.18 164.56 Hensall 1.38 4.55 179.09 0.92 4.20 165.22 Bruce 1.38 4.55 179.22 0.90 4.18 164.56 Putnam 1.35 4.52 178.04 0.90 4.18 164.56 Burford 1.38 4.55 179.22 0.90 4.18 164.56 Port Perry 1.53 4.70 185.13 1.10 4.38 172.43 Norfolk 1.38 4.55 179.22 0.90 4.18 164.56 Palmerston 1.34 4.51 177.65 0.93 4.21 165.74 Varna 1.35 4.52 178.04 0.90 4.18 164.56 Trenton 1.50 4.67 183.95 1.10 4.38 172.43 Winchester 1.45 4.62 181.98 1.40 4.68 184.24 North Gower 1.40 4.57 180.01 1.40 4.68 184.24 Vankleek HilN/A 0.94 4.22 166.13 Huron FOB 1.61 4.78 188.28 0.99 4.27 168.10 Kent FOB 1.48 4.65 183.16 0.95 4.23 166.53 Lamb FOB 1.40 4.57 180.01 0.88 4.16 163.77 Mdsx FOB 1.50 1.50N/A N/A 4.67 183.95 0.95 4.23 166.53 FOB SW Que 1.96 5.13 202.06N/A Track 1.68 4.85 191.03N/A PROCESSORS Chat-Eth N/A N/A 1.51 1.53 N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A 1.66 1.69 1.66 1.11 4.39 172.83 Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 1.20 4.48 176.37 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A 2.00N/A 1.55 4.83 190.15 W O Feed 1.81 4.98 195.96 US Rep 1.84 5.01 197.33 Toledo El. -0.04 3.13 123.28 -0.27 3.01 118.38 TRANSFER Pt. Colb 1.83 5.00 196.94 1.35 4.63 182.28 Prescott 2.03 5.20 204.81 1.48 4.76 187.39 HI SD CRN 0.95 4.231 *Wet Bid Exchange rate was 1.3648 up 0.0043 Chicago soybeans closed slightly lower. AUG20 HI 8.67 3/4 NOV20 HI 8.70 1/2 LOW 8.58 3/4 LOW 8.60 CLOSE8.66 1/2 Down 1 CLOSE 8.68 1/4 Down 1 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG20+AUG20+NOV20 CK Low 2.78 11.45 420.53 2.50 11.18 410.89 CK High 2.88 11.55 424.21 2.60 11.28 414.56 CK Average 2.83 -0.24 11.50 422.43 2.55 -0.45 11.23 412.60 Essex Cty 2.85 11.52 423.10 2.55 11.23 412.72 Mdsx Low 2.80 11.47 421.27 2.51 11.19 411.25 Mdsx High 2.83 11.50 422.37 2.60 11.28 414.56 Mdsx Average2.82 -0.25 11.48 421.82 2.56 -0.45 11.24 412.91 Hensall 2.81 11.48 421.63 2.57 11.25 413.34 Bruce 2.80 11.47 421.27 2.55 11.23 412.72 Putnam 2.83 11.50 422.37 2.60 11.28 414.56 Burford 2.87 11.54 423.84 2.58 11.26 413.83 Port Perry 2.82 11.49 422.00 2.53 11.21 411.99 Norfolk 2.85 11.52 423.10 2.60 11.28 414.56 Palmerston 2.90 11.57 424.94 2.66 11.34 416.77 Varna 2.83 11.50 422.37 2.55 11.23 412.72 Trenton 2.83 11.50 422.37 2.60 11.28 414.56 Winchester 2.88 11.55 424.21 2.60 11.28 414.56 North Gower 2.75 11.42 419.43 2.55 11.23 412.72 Vankleek Hil N/A 2.88 11.56 424.85 Huron FOB 3.07 11.74 431.19 2.66 11.34 416.77 Kent FOB 3.00 11.67 428.62 2.55 11.23 412.72 Lambton FOB 3.08 11.75 431.55 2.70 11.38 418.24 Mdsx FOB 2.99 3.13 N/A N/A 11.66 428.25 2.73 11.41 419.34 PROCESSORS Windsor 3.33 12.00 440.74 2.90 11.58 425.58 TRANSFER Hamilton 3.35 12.02 441.48 3.05 11.73 431.10 Prescott N/A 3.02 11.70 429.99 Port Colborn3.13 11.80 433.39 2.93 11.61 426.69 Toledo El. 0.00 8.67 318.38 -0.34 8.34 306.49 Exchange rate was 1.3648 up 0.0043 Chicago wheat closed mixed. JUL20 HI 4.89 1/4 SEP20 HI 4.91 3/4 LOW 4.78 3/4 LOW 4.83 1/4 CLOSE 4.86 3/4 Up 5 1/2 CLOSE 4.88 1/4 Up 2 1/2 Minni wheat closed slightly lower. JUL20 HI 5.15 3/4 SEP20 HI 5.24 1/4 LOW 5.10 LOW 5.18 CLOSE 5.11 Down 5 1/4 CLOSE 5.19 Down 5 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.91 2.12 1.91 1.25 CAD $/bu 6.78 6.98 6.78 6.36 CAD $/tonne 249.11 256.63 249.11 233.69 Direct MarkHarvest 2019 Harvest 2020 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A N/A N/A N/A N/A 1.08 N/A London 1.76 1.96 1.35 N/A 1.33 1.53 1.13 N/A Hensall 1.30 N/A 1.30 N/A 1.23 N/A 1.08 N/A Trenton N/A N/A N/A N/A N/A N/A 1.23 N/A Bruce N/A N/A N/A N/A 1.20 1.50 1.10 1.20 Essex N/A N/A 1.42 N/A N/A N/A 1.05 N/A Norwich 1.30 N/A 1.30 N/A 1.23 N/A 1.08 N/A Port Hope N/A N/A 1.30 N/A N/A N/A 1.23 N/A Kent Bridge 1.30 N/A 1.30 N/A 1.23 N/A 1.08 N/A Chatham N/A N/A N/A N/A N/A N/A 1.05 N/A Brigden N/A N/A N/A N/A N/A N/A 1.05 N/A Palmerston N/A 1.90 1.36 1.66 N/A 1.57 1.15 1.14 Varna 1.45 1.65 1.25 N/A 1.18 1.48 1.08 N/A Mitchell 1.30 1.45 1.30 N/A 1.23 1.43 1.08 N/A Thornton N/A N/A N/A 1.32 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A 1.60 1.30 1.10 W O Feed 1.93 TERMINAL Port Colbor N/A N/A N/A N/A N/A N/A 1.46 N/A PROCESSORS Toledo FM N/A N/A 1.78 N/A N/A N/A 1.75 N/A Toledo El. 4.87US 6.64CA 4.86US 6.64CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.44 1.78 1.44 1.28 CAD $/bu 6.32 6.66 6.32 6.47 CAD $/tonne 232.31 244.85 232.31 237.70 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 481.72 DDG's FOB Srn & Aylm 220.00