<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:12pt;color:#000000;background-color:#FFFFFF;font-family:Calibri,Arial,Helvetica,sans-serif;">
<p></p>
<h3 style="font-family: "Times New Roman";">FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, July 27</h3>
<h4 style="font-family: "Times New Roman";">(All BAses in CAD)</h4>
<pre>Bank of Canada Noon exchange rate was 1.322 up 0.0011
Chicago corn closed slightly higher.
SEP16 HI 3.38 DEC16 HI 3.45 1/4
LOW 3.31 3/4 LOW 3.38 3/4
CLOSE3.35 3/4 Up 3 1/4 CLOSE 3.43 Up 3 1/2
OLD CROP BASIS NEW CROP BASIS
Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt
ELEVATORS +SEP16+DEC16+DEC16
CK Low 0.90 4.26 167.61 0.70 4.13 162.59
CK High 1.00 4.36 171.55 0.75 4.18 164.56
CK Avg 0.98 -0.07 4.34 170.89 0.72 -0.29 4.15 163.25
Essex Cty 1.00 4.36 171.55 0.75 4.18 164.56
Mdsx Low 1.00 4.36 171.55 0.70 4.13 162.59
Mdsx High 1.00 4.36 171.55 0.80 4.23 166.53
Mdsx Avg 1.00 -0.05 4.36 171.55 0.75 -0.26 4.18 164.56
Hensall 1.03 4.38 172.53 0.80 4.23 166.53
Bruce 1.00 4.36 171.55 0.80 4.23 166.53
Putnam 1.00 4.36 171.55 0.70 4.13 162.59
Burford 1.00 4.36 171.55 0.70 4.13 162.59
Port Perry 1.00 4.36 171.55 0.80 4.23 166.53
Norfolk 1.00 4.36 171.55 0.75 4.18 164.56
Palmerston 1.00 4.36 171.55 0.75 4.18 164.56
Varna 1.05 4.41 173.52 0.80 4.23 166.53
Trenton 1.10 4.46 175.48 0.80 4.23 166.53
Winchester 1.15 4.51 177.45 1.00 4.43 174.40
North Gower 1.01 4.37 171.94 0.93 4.36 171.65
Huron FOB 1.10 4.46 175.48 0.85 4.28 168.50
Kent FOB 1.15 4.51 177.45 0.75 4.18 164.56
Lamb FOB 1.10 4.46 175.48 0.70 4.13 162.59
Mdsx FOB 0.90 0.90N/A N/A 4.26 167.61 0.70 4.13 162.59
FOB SW Que 1.48 4.84 190.44N/A
Track 1.48 4.83 190.25N/A
PROCESSORS
Chat-Eth N/A N/A N/A N/A N/A
Jhnstwn-Eth N/A N/A N/A N/A N/A
Aylmer-Eth N/A N/A 1.30N/A N/A
Sarn-Eth 1.30 1.35 1.35 0.90 4.66 183.36 0.90 4.33 170.46
Kawartha N/A N/A N/A N/A 0.95 4.38 172.43
London-Ing 1.37 1.44 1.46 1.51 4.73 186.11 0.84 4.27 168.10
Pt.Colb-Ing N/A 1.57 1.66 1.68 0.90 4.33 170.46
Cardnl-Ing N/A N/A N/A 1.40 0.90 4.33 170.46
W O Feed 1.61 4.96 195.40
US Rep 1.86 5.22 205.40
Toledo El. 0.09 3.45 135.81 -0.26 3.17 124.65
MID SD CRN 0.72 1/2 4.15 1/2
HI SD CRN 0.75 4.18
*Wet Bid
Bank of Canada Noon exchange rate was 1.322 up 0.0011
Chicago soybeans closed slightly to moderately higher.
AUG16 HI 10.15 1/2 NOV16 HI 9.95
LOW 9.91 1/4 LOW 9.71 1/2
CLOSE10.10 1/2 Up 17 CLOSE 9.86 Up 12 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +NOV1+NOV1+NOV16
CK Low 2.65 12.76 468.672.30 12.16 446.80
CK High 2.80 12.91 474.182.50 12.36 454.15
CK Average 2.74 -0.3712.85 472.052.40 -0.5712.26 450.54
Essex Cty 2.76 12.87 472.712.50 12.36 454.15
Mdsx Low 2.65 12.76 468.672.30 12.16 446.80
Mdsx High 2.78 12.89 473.442.39 12.25 450.11
Mdsx Average 2.72 -0.3912.82 471.052.35 -0.6112.21 448.46
Hensall 2.70 12.81 470.502.38 12.24 449.56
Bruce 2.65 12.76 468.672.30 12.16 446.80
Putnam 2.85 12.96 476.012.40 12.26 450.48
Burford 2.81 12.92 474.552.42 12.28 451.21
Port Perry 2.78 12.89 473.442.39 12.25 450.11
Norfolk 2.80 12.91 474.182.40 12.26 450.48
Palmerston 2.76 12.87 472.712.50 12.36 454.15
Varna 2.75 12.86 472.342.45 12.31 452.32
Trenton 2.61 12.72 467.202.60 12.46 457.83
Winchester N/A 2.50 12.36 454.15
North Gower 2.55 12.66 464.992.61 12.47 458.19
Huron FOB 2.90 13.01 477.852.55 12.41 455.99
Kent FOB 2.95 13.06 479.692.50 12.36 454.15
Lambton FOB 2.65 12.76 468.672.70 12.56 461.50
Middlesex FOB2.95 2.95 N/A N/A 13.06 479.692.70 12.56 461.50
PROCESSORS
Hamilton N/A 3.58 3.65 3.06 3.06 12.92 474.73
Windsor N/A N/A N/A N/A N/A
Winchester N/A N/A
TRANSFER
Prescott N/A 3.00 12.86 472.52
Toledo El. -0.15 9.96 365.96-0.42 9.44 346.78
Bank of Canada Noon exchange rate was 1.322 up 0.0011
Chicago wheat closed slightly lower.
SEP16 HI 4.21 JUL17 HI 4.92 3/4
LOW 4.14 LOW 4.87 1/2
CLOSE 4.14 3/4 Down 1/4 CLOSE 4.87 3/4 Down 1 1/2
Minni wheat closed steady to slightly higher.
SEP16 HI 4.95 1/4 SEP17 HI 5.50 1/4
LOW 4.86 1/2 LOW 5.48
CLOSE 4.88 1/4 Up 1 3/4 CLOSE 5.48 Unchanged
GFO Cash Wheat Prices - DEL Terminal
Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 0.60 0.47 0.60 0.64
CAD $/bu 4.75 4.61 4.75 5.52
CAD $/tonne 174.40 169.55 174.40 202.76
Direct MarkHarvest 2016 Harvest 2017
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 0.30 0.45 N/A N/A N/A 0.40 N/A
London 0.54 0.37 0.44 N/A 0.64 0.51 0.51 N/A
Hensall 0.50 N/A 0.45 N/A 0.60 N/A 0.45 N/A
Trenton N/A N/A 0.55 N/A N/A N/A 0.40 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Essex N/A N/A 0.40 N/A N/A N/A N/A N/A
Norwich 0.50 N/A 0.45 N/A 0.60 N/A 0.45 N/A
Port Hope N/A 0.50 0.45 0.50 N/A 0.35 0.45 N/A
Kent Bridge 0.50 N/A 0.45 N/A 0.60 N/A 0.45 N/A
Chatham N/A 0.30 0.45 N/A N/A N/A 0.45 N/A
Brigden N/A N/A 0.45 N/A N/A N/A 0.45 N/A
Palmerston N/A 0.40 0.45 0.60 N/A 0.40 0.45 0.55
Varna 0.55 0.40 0.45 N/A 0.55 0.45 0.45 N/A
Mitchell 0.50 0.35 0.45 N/A 0.60 0.35 0.45 N/A
Thornton N/A N/A N/A 0.27 N/A N/A N/A N/A
North Gower N/A 0.47 0.60 0.76 N/A N/A N/A N/A
TERMINAL
Prescott N/A 0.75 0.75 0.45 N/A 0.60 0.65 0.45
PROCESSORS
Toledo FM 1.59 N/A 1.32 N/A N/A N/A 1.56 N/A
Toledo El. 4.08US 5.38CA 4.68US 6.17CA
GFO Contract Wheat Prices - DEL Terminal
Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.03 0.96 0.44
CAD $/bu 5.91 5.84 5.31
CAD $/tonne 217.03 214.61 195.22
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 544.33
DDG's FOB Srn & Aylm 215.00 - 230.00</pre>
<br>
<p></p>
<p><span id="ms-rterangepaste-start"></span></p>
<div>Blair Andrews</div>
<div>Editor, AgriLink and Farm Market News </div>
<div>University of Guelph, Ridgetown Campus </div>
<div>Tel. 519-674-1500 x 63577 </div>
<div>Fax. 519-674-1530 </div>
<div><br>
</div>
<div>Click on this link: farmmarketnews-unsubscribe@list.gfo.ca to unsubscribe from this report.</div>
<div>This Farm Market News product is sponsored by:</div>
<div>Grain Farmers of Ontario</div>
<span id="ms-rterangepaste-end"></span><br>
<p></p>
<p><br>
</p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<div></div>
<br>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>