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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, July 29</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3041 down 0.0129</div>
<div>Chicago corn closed slightly higher.</div>
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</div>
<div> SEP16 HI 3.35 DEC16 HI 3.43 1/4</div>
<div> LOW 3.28 3/4 LOW 3.36</div>
<div> CLOSE3.34 1/2 Up 3 1/4 CLOSE 3.42 3/4 Up 4</div>
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</div>
<div> OLD CROP BASIS NEW CROP BASIS</div>
<div>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</div>
<div>ELEVATORS +DEC16+DEC16+DEC16</div>
<div>CK Low 0.90 4.25 167.12 0.70 4.13 162.49</div>
<div>CK High 1.00 4.35 171.06 0.75 4.18 164.46</div>
<div>CK Avg 0.98 -0.03 4.33 170.40 0.74 -0.23 4.17 164.13</div>
<div>Essex Cty 1.00 4.35 171.06 0.75 4.18 164.46</div>
<div>Mdsx Low 1.00 4.35 171.06 0.75 4.18 164.46</div>
<div>Mdsx High 1.00 4.35 171.06 0.80 4.23 166.43</div>
<div>Mdsx Avg 1.00 -0.01 4.35 171.06 0.78 -0.20 4.20 165.45</div>
<div>Hensall 1.03 4.37 172.04 0.80 4.23 166.43</div>
<div>Bruce 1.00 4.35 171.06 0.80 4.23 166.43</div>
<div>Putnam 1.00 4.35 171.06 0.75 4.18 164.46</div>
<div>Burford 1.00 4.35 171.06 0.75 4.18 164.46</div>
<div>Port Perry 1.00 4.35 171.06 0.80 4.23 166.43</div>
<div>Norfolk 1.00 4.35 171.06 0.75 4.18 164.46</div>
<div>Palmerston 1.00 4.35 171.06 0.75 4.18 164.46</div>
<div>Varna 1.05 4.40 173.02 0.80 4.23 166.43</div>
<div>Trenton 1.10 4.45 174.99 0.80 4.23 166.43</div>
<div>Winchester 1.15 4.50 176.96 1.00 4.43 174.30</div>
<div>North Gower 0.92 4.27 167.91 0.95 4.38 172.33</div>
<div>Huron FOB 1.15 4.50 176.96 0.85 4.28 168.40</div>
<div>Kent FOB 1.15 4.50 176.96 0.75 4.18 164.46</div>
<div>Lamb FOB 1.10 4.45 174.99 0.70 4.13 162.49</div>
<div>Mdsx FOB 1.10 1.10 1.05N/A 4.45 174.99 0.75 4.18 164.46</div>
<div>FOB SW Que 1.48 4.83 189.95N/A</div>
<div>Track 1.55 4.90 192.71N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth N/A N/A N/A N/A N/A</div>
<div>Jhnstwn-Eth N/A N/A N/A N/A N/A</div>
<div>Aylmer-Eth N/A 1.35N/A N/A 0.85 4.28 168.40</div>
<div>Sarn-Eth 1.35 1.35N/A N/A 4.70 184.83 0.95 4.38 172.33</div>
<div>Kawartha N/A N/A N/A N/A 0.95 4.38 172.33</div>
<div>London-Ing 1.44 1.53 1.59N/A 4.79 188.38 0.85 4.28 168.40</div>
<div>Pt.Colb-Ing 1.57 1.66 1.73N/A 4.92 193.49N/A</div>
<div>Cardnl-Ing N/A N/A 1.73N/A 1.01 4.44 174.70</div>
<div>W O Feed 1.66 5.00 196.96</div>
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</div>
<div>US Rep 1.80 5.15 202.55</div>
<div>Toledo El. 0.09 3.44 135.28 -0.26 3.17 124.68</div>
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</div>
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</div>
<div>MID SD CRN 0.72 1/2 4.15 1/4</div>
<div>HI SD CRN 0.75 4.17 3/4</div>
<div>*Wet Bid</div>
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</div>
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<div>Bank of Canada Noon exchange rate was 1.3041 down 0.0129</div>
<div>Chicago soybeans closed moderately higher to higher.</div>
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</div>
<div> NOV16 HI 10.06 NOV16 HI 10.06</div>
<div> LOW 9.68 3/4 LOW 9.68 3/4</div>
<div> CLOSE10.03 Up 25 CLOSE 10.03 Up 25</div>
<div><br>
</div>
<div> OLD CROP NEW CROP</div>
<div>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</div>
<div>ELEVATORS +NOV1+NOV1+NOV16</div>
<div>CK Low 2.90 12.93 475.102.27 12.30 451.95</div>
<div>CK High 3.10 13.13 482.442.45 12.48 458.56</div>
<div>CK Average 2.98 -0.0513.01 478.042.40 -0.4912.43 456.85</div>
<div>Essex Cty 2.95 12.98 476.932.45 12.48 458.56</div>
<div>Mdsx Low 2.88 12.91 474.362.25 12.28 451.21</div>
<div>Mdsx High 3.05 13.08 480.612.40 12.43 456.72</div>
<div>Mdsx Average 2.97 -0.0613.00 477.482.33 -0.5512.36 453.97</div>
<div>Hensall 2.98 13.01 477.852.38 12.41 455.81</div>
<div>Bruce 3.05 13.08 480.612.40 12.43 456.72</div>
<div>Putnam 3.05 13.08 480.612.40 12.43 456.72</div>
<div>Burford 2.91 12.94 475.462.28 12.31 452.32</div>
<div>Port Perry 2.88 12.91 474.362.25 12.28 451.21</div>
<div>Norfolk 2.90 12.93 475.102.40 12.43 456.72</div>
<div>Palmerston 2.95 12.98 476.932.45 12.48 458.56</div>
<div>Varna 2.90 12.93 475.102.35 12.38 454.89</div>
<div>Trenton 3.05 13.08 480.612.60 12.63 464.07</div>
<div>Winchester N/A 2.50 12.53 460.40</div>
<div>North Gower 2.80 12.83 471.422.55 12.58 462.24</div>
<div>Huron FOB 3.05 13.08 480.612.45 12.48 458.56</div>
<div>Kent FOB 3.05 13.08 480.612.50 12.53 460.40</div>
<div>Lambton FOB 2.95 12.98 476.932.70 12.73 467.75</div>
<div>Middlesex FOB3.11 3.11 N/A N/A 13.14 482.812.55 12.58 462.24</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.45 3.52 3.00 3.06 13.48 495.313.00 13.03 478.77</div>
<div>Windsor N/A N/A N/A N/A N/A</div>
<div>Winchester N/A N/A</div>
<div><br>
</div>
<div>TRANSFER</div>
<div>Prescott 2.10 12.13 445.702.90 12.93 475.10</div>
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</div>
<div>Toledo El. 0.16 10.19 374.29-0.42 9.61 353.22</div>
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</div>
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<div>Bank of Canada Noon exchange rate was 1.3041 down 0.0129</div>
<div>Chicago wheat closed slightly lower.</div>
<div>SEP16 HI 4.12 3/4 JUL17 HI 4.83 1/2</div>
<div> LOW 4.03 1/2 LOW 4.75 1/2</div>
<div> CLOSE 4.07 3/4 Down 2 1/2 CLOSE 4.80 1/2 Down 1 3/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>SEP16 HI 4.92 SEP17 HI 5.48 1/2</div>
<div> LOW 4.84 LOW 5.45</div>
<div> CLOSE 4.88 1/4 Up 1 1/2 CLOSE 5.47 1/4 Up 1/2</div>
<div><br>
</div>
<div>GFO Cash Wheat Prices - DEL Terminal</div>
<div>Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</div>
<div>Basis 0.52 0.39 0.52 0.57</div>
<div>CAD $/bu 4.60 4.47 4.60 5.45</div>
<div>CAD $/tonne 169.02 164.23 169.02 200.40</div>
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<div>Direct MarkHarvest 2016 Harvest 2017</div>
<div> DELIVERED BASIS DELIVERED BASIS</div>
<div>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</div>
<div>ELEVATORS</div>
<div>Brgssvll N/A 0.35 0.40 N/A N/A N/A 0.45 N/A</div>
<div>London 0.47 0.30 0.36 N/A 0.55 0.42 0.42 N/A</div>
<div>Hensall 0.45 N/A 0.40 N/A 0.60 N/A 0.45 N/A</div>
<div>Trenton N/A N/A 0.55 N/A N/A N/A 0.40 N/A</div>
<div>Winchester N/A N/A N/A N/A N/A N/A N/A N/A</div>
<div>Essex N/A N/A 0.40 N/A N/A N/A 0.38 N/A</div>
<div>Norwich 0.45 N/A 0.40 N/A 0.60 N/A 0.45 N/A</div>
<div>Port Hope N/A 0.55 0.50 0.60 N/A 0.35 0.45 N/A</div>
<div>Kent Bridge 0.45 N/A 0.40 N/A 0.60 N/A 0.45 N/A</div>
<div>Chatham N/A 0.30 0.40 N/A N/A N/A 0.45 N/A</div>
<div>Brigden N/A N/A 0.40 N/A N/A N/A 0.45 N/A</div>
<div>Palmerston N/A 0.40 0.45 0.60 N/A 0.40 0.60 0.55</div>
<div>Varna 0.50 0.40 0.45 N/A 0.55 0.45 0.45 N/A</div>
<div>Mitchell 0.45 0.30 0.40 N/A 0.60 0.35 0.45 N/A</div>
<div>Thornton N/A N/A N/A 0.13 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.44 0.57 0.62 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.75 0.75 0.45 N/A 0.60 0.65 0.45</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM 1.50 N/A 1.24 N/A N/A N/A 1.46 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.01US 5.23CA 4.61US 6.00CA</div>
<div><br>
</div>
<div>GFO Contract Wheat Prices - DEL Terminal</div>
<div>Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</div>
<div>Basis 0.80 0.74 0.48</div>
<div>CAD $/bu 5.61 5.54 5.28</div>
<div>CAD $/tonne 206.09 203.69 194.12</div>
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</div>
<div>(C)-Basis over the Chicago Board of Trade futures</div>
<div>(M)-Basis over the Minneapolis Grain Exchange</div>
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</div>
<div>FEED GRAINS</div>
<div>FOB Hm Soymeal 548.85</div>
<div>DDG's FOB Srn & Aylm 205.00 - 210.00</div>
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<p class="MsoNormal"><span style="font-size:10.0pt;line-height:115%;font-family:
"Courier New";color:#333333;background:#FDFDFD">Blair Andrews</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">Editor, AgriLink and Farm Market News<span class="apple-converted-space"> </span></span><br>
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