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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, August 8</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3164 down 0.0016</div>
<div>Chicago corn closed slightly higher.</div>
<div><br>
</div>
<div> SEP16 HI 3.28 DEC16 HI 3.37</div>
<div> LOW 3.22 1/2 LOW 3.31 1/2</div>
<div> CLOSE3.25 1/4 Up 1 CLOSE 3.34 3/4 Up 1/2</div>
<div><br>
</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 1.10 4.35 171.35 0.75 4.10 161.31</div>
<div>CK High 1.10 4.35 171.35 0.85 4.20 165.25</div>
<div>CK Avg 1.10 0.05 4.35 171.35 0.78 -0.21 4.12 162.30</div>
<div>Essex Cty 1.10 4.35 171.35 0.80 4.15 163.28</div>
<div>Mdsx Low 1.10 4.35 171.35 0.75 4.10 161.31</div>
<div>Mdsx High 1.10 4.35 171.35 0.80 4.15 163.28</div>
<div>Mdsx Avg 1.10 0.05 4.35 171.35 0.78 -0.21 4.12 162.30</div>
<div>Hensall 1.10 4.35 171.35 0.83 4.17 164.26</div>
<div>Bruce 1.10 4.35 171.35 0.80 4.15 163.28</div>
<div>Putnam 1.10 4.35 171.35 0.80 4.15 163.28</div>
<div>Burford 1.10 4.35 171.35 0.75 4.10 161.31</div>
<div>Port Perry 1.10 4.35 171.35 0.80 4.15 163.28</div>
<div>Norfolk 1.10 4.35 171.35 0.80 4.15 163.28</div>
<div>Palmerston 1.10 4.35 171.35 0.80 4.15 163.28</div>
<div>Varna 1.10 4.35 171.35 0.85 4.20 165.25</div>
<div>Trenton 1.10 4.35 171.35 0.80 4.15 163.28</div>
<div>Winchester 1.25 4.50 177.26 0.99 4.34 170.76</div>
<div>North Gower 1.09 4.34 170.96 0.95 4.30 169.19</div>
<div>Huron FOB 1.30 4.55 179.22 0.87 4.22 166.04</div>
<div>Kent FOB 1.25 4.50 177.26 0.75 4.10 161.31</div>
<div>Lamb FOB 1.30 4.55 179.22 0.70 4.05 159.34</div>
<div>Mdsx FOB 1.25 1.25N/A N/A 4.50 177.26 0.75 4.10 161.31</div>
<div>FOB SW Que 1.70 4.95 194.97N/A</div>
<div>Track 1.60 4.85 191.03N/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 1.45N/A N/A 1.00 4.35 171.15</div>
<div>Sarn-Eth 1.45 1.45N/A N/A 4.70 185.13 1.00 4.35 171.15</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing 1.57 1.59 1.65N/A 4.82 189.85 0.85 4.20 165.25</div>
<div>Pt.Colb-Ing N/A N/A 1.78N/A N/A</div>
<div>Cardnl-Ing N/A N/A 1.73N/A 1.01 4.36 171.55</div>
<div>W O Feed 1.67 4.92 193.87</div>
<div><br>
</div>
<div>US Rep 1.87 5.12 201.66</div>
<div>Toledo El. 0.09 3.34 131.67 -0.26 3.09 121.45</div>
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</div>
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</div>
<div>MID SD CRN 0.80 4.14 3/4</div>
<div>HI SD CRN 0.85 4.19 3/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3164 down 0.0016</div>
<div>Chicago soybeans closed slightly higher.</div>
<div><br>
</div>
<div> NOV16 HI 9.89 NOV16 HI 9.89</div>
<div> LOW 9.70 1/2 LOW 9.70 1/2</div>
<div> CLOSE9.85 Up 10 1/2 CLOSE 9.85 Up 10 1/2</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 12.75 468.482.35 12.20 448.27</div>
<div>CK High 3.03 12.88 473.262.50 12.35 453.78</div>
<div>CK Average 2.96 -0.1212.81 470.812.46 -0.4712.31 452.25</div>
<div>Essex Cty 3.00 12.85 472.162.50 12.35 453.78</div>
<div>Mdsx Low 2.90 12.75 468.482.35 12.20 448.27</div>
<div>Mdsx High 3.01 12.86 472.522.48 12.33 453.05</div>
<div>Mdsx Average 2.96 -0.1212.81 470.502.42 -0.5012.27 450.66</div>
<div>Hensall 2.95 12.80 470.322.40 12.25 450.11</div>
<div>Bruce 2.90 12.75 468.482.35 12.20 448.27</div>
<div>Putnam 3.00 12.85 472.162.45 12.30 451.95</div>
<div>Burford 3.04 12.89 473.632.51 12.36 454.15</div>
<div>Port Perry 3.01 12.86 472.522.48 12.33 453.05</div>
<div>Norfolk 3.00 12.85 472.162.50 12.35 453.78</div>
<div>Palmerston 3.00 12.85 472.162.50 12.35 453.78</div>
<div>Varna 3.00 12.85 472.162.45 12.30 451.95</div>
<div>Trenton N/A 2.65 12.50 459.30</div>
<div>Winchester N/A 2.37 12.22 449.01</div>
<div>North Gower N/A 2.56 12.41 455.99</div>
<div>Huron FOB 3.15 13.00 477.672.55 12.40 455.62</div>
<div>Kent FOB 3.15 13.00 477.672.60 12.45 457.46</div>
<div>Lambton FOB 3.20 13.05 479.512.65 12.50 459.30</div>
<div>Middlesex FOB3.18 N/A N/A 2.78 13.03 478.772.72 12.57 461.87</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.55 3.55 3.02 3.08 13.40 492.373.02 12.87 472.89</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 2.15 12.00 440.923.15 13.00 477.67</div>
<div><br>
</div>
<div>Toledo El. 0.07 9.92 364.34-0.42 9.43 346.50</div>
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</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3164 down 0.0016</div>
<div>Chicago wheat closed narrowly mixed.</div>
<div>SEP16 HI 4.23 1/2 JUL17 HI 4.80 3/4</div>
<div> LOW 4.11 1/2 LOW 4.73</div>
<div> CLOSE 4.17 Up 1 CLOSE 4.78 1/2 Down 1 1/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>SEP16 HI 4.99 3/4 SEP17 HI 5.47 1/2</div>
<div> LOW 4.90 3/4 LOW 5.40 1/4</div>
<div> CLOSE 4.99 1/2 Up 4 1/2 CLOSE 5.47 1/2 Up 3 3/4</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 0.60 0.46 0.73 0.66</div>
<div>CAD $/bu 4.77 4.63 4.90 5.65</div>
<div>CAD $/tonne 175.11 170.27 179.95 207.76</div>
<div><br>
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<div><br>
</div>
<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 0.53 0.36 0.49 N/A 0.59 0.45 0.45 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 0.60 N/A N/A N/A 0.45 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 0.35 N/A N/A N/A 0.30 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 0.55 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 0.40 0.55 N/A 0.40 0.50 0.55</div>
<div>Varna 0.45 0.35 0.40 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 0.17 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.46 0.59 0.64 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.60 0.80 0.45 N/A 0.60 0.65 0.45</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.32 N/A N/A N/A 1.49 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.10US 5.40CA 4.59US 6.02CA</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 0.84 0.77 0.51</div>
<div>CAD $/bu 5.62 5.56 5.29</div>
<div>CAD $/tonne 206.60 204.19 194.54</div>
<div><br>
</div>
<div>(C)-Basis over the Chicago Board of Trade futures</div>
<div>(M)-Basis over the Minneapolis Grain Exchange</div>
<div><br>
</div>
<div>FEED GRAINS</div>
<div>FOB Hm Soymeal 529.01</div>
<div>DDG's FOB Srn & Aylm 190.00 - 195.00</div>
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<div><span id="ms-rterangepaste-start"></span>
<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>
<span style="background:#FDFDFD">University of Guelph, Ridgetown Campus<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">Tel.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1500"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">519-674-1500</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333;background:#FDFDFD">x
63577<span class="apple-converted-space"> </span></span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530"><span style="font-size:10.0pt;line-height:115%;
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