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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, August 9</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3117 down 0.0047</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div>      SEP16   HI 3.26  3/4                    DEC16    HI 3.36  1/4</div>
<div>             LOW 3.22                                 LOW 3.31  3/4</div>
<div>            CLOSE3.22  1/4  Down 3                  CLOSE 3.32  1/2  Down 2 1/4</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                        4.32 170.17  0.75         4.08 160.43</div>
<div>CK High      1.10                        4.32 170.17  0.85         4.18 164.36</div>
<div>CK Avg       1.10                   0.07 4.32 170.17  0.79 -0.18   4.12 162.07</div>
<div>Essex Cty    1.10                        4.32 170.17  0.80         4.13 162.39</div>
<div>Mdsx Low     1.10                        4.32 170.17  0.80         4.13 162.39</div>
<div>Mdsx High    1.10                        4.32 170.17  0.80         4.13 162.39</div>
<div>Mdsx Avg     1.10                   0.07 4.32 170.17  0.80 -0.18   4.13 162.39</div>
<div>Hensall      1.10                        4.32 170.17  0.83         4.15 163.38</div>
<div>Bruce        1.10                        4.32 170.17  0.80         4.13 162.39</div>
<div>Putnam       1.10                        4.32 170.17  0.80         4.13 162.39</div>
<div>Burford      1.10                        4.32 170.17  0.80         4.13 162.39</div>
<div>Port Perry   1.10                        4.32 170.17  0.80         4.13 162.39</div>
<div>Norfolk      1.10                        4.32 170.17  0.85         4.18 164.36</div>
<div>Palmerston   1.10                        4.32 170.17  0.80         4.13 162.39</div>
<div>Varna        1.10                        4.32 170.17  0.85         4.18 164.36</div>
<div>Trenton      1.10                        4.32 170.17  0.80         4.13 162.39</div>
<div>Winchester   1.25                        4.47 176.07  1.05         4.38 172.24</div>
<div>North Gower  1.09                        4.31 169.78  0.95         4.28 168.30</div>
<div>Huron FOB    1.30                        4.52 178.04  0.87         4.20 165.15</div>
<div>Kent FOB     1.25                        4.47 176.07  0.80         4.13 162.39</div>
<div>Lamb FOB     1.30                        4.52 178.04  0.70         4.03 158.46</div>
<div>Mdsx FOB     1.25  1.25N/A   N/A         4.47 176.07  0.80         4.13 162.39</div>
<div>FOB SW Que   1.70                        4.92 193.79N/A</div>
<div>Track        1.60                        4.82 189.85N/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         4.33 170.27</div>
<div>Sarn-Eth     1.45  1.45N/A   N/A         4.67 183.95  1.00         4.33 170.27</div>
<div>Kawartha    N/A  N/A   N/A   N/A                    N/A</div>
<div>London-Ing   1.57  1.59  1.65N/A         4.79 188.67  0.85         4.18 164.36</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         4.34 170.66</div>
<div>W O Feed     1.67                        4.89 192.61</div>
<div><br>
</div>
<div>US Rep       1.86                        5.08 200.09</div>
<div>Toledo El.   0.09                        3.31 130.48 -0.26         3.06 120.59</div>
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<div>MID SD CRN                                            0.80         4.12 1/2</div>
<div>HI SD CRN                                             0.85         4.17 1/2</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3117 down 0.0047</div>
<div>Chicago soybeans closed narrowly mixed.</div>
<div><br>
</div>
<div>       NOV16   HI 9.99  1/4           NOV16    HI 9.99  1/4</div>
<div>              LOW 9.77  1/4                   LOW 9.77  1/4</div>
<div>             CLOSE9.88   Up 3               CLOSE 9.88   Up 3</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                     12.78 469.582.48      12.36 454.15</div>
<div>CK High      3.05                     12.93 475.102.55      12.43 456.72</div>
<div>CK Average   2.99                -0.0812.87 473.012.51 -0.4212.39 455.07</div>
<div>Essex Cty    3.00                     12.88 473.262.50      12.38 454.89</div>
<div>Mdsx Low     2.99                     12.87 472.892.46      12.34 453.42</div>
<div>Mdsx High    3.00                     12.88 473.262.50      12.38 454.89</div>
<div>Mdsx Average 3.00                -0.0812.88 473.082.48 -0.4412.36 454.15</div>
<div>Hensall      3.00                     12.88 473.262.50      12.38 454.89</div>
<div>Bruce        3.00                     12.88 473.262.50      12.38 454.89</div>
<div>Putnam       3.00                     12.88 473.262.45      12.33 453.05</div>
<div>Burford      3.02                     12.90 473.992.49      12.37 454.52</div>
<div>Port Perry   2.99                     12.87 472.892.46      12.34 453.42</div>
<div>Norfolk      3.00                     12.88 473.262.50      12.38 454.89</div>
<div>Palmerston   3.00                     12.88 473.262.50      12.38 454.89</div>
<div>Varna        3.00                     12.88 473.262.50      12.38 454.89</div>
<div>Trenton       N/A                                 2.65      12.53 460.40</div>
<div>Winchester    N/A                                 2.45      12.33 453.05</div>
<div>North Gower   N/A                                 2.56      12.44 457.09</div>
<div>Huron FOB    3.15                     13.03 478.772.60      12.48 458.56</div>
<div>Kent FOB     3.15                     13.03 478.772.60      12.48 458.56</div>
<div>Lambton FOB  3.20                     13.08 480.612.65      12.53 460.40</div>
<div>Middlesex FOB3.16  N/A  N/A 2.77      13.04 479.142.70      12.58 462.24</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton     3.55 3.55 3.02 3.08      13.43 493.473.02      12.90 473.99</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                     12.03 442.033.15      13.03 478.77</div>
<div><br>
</div>
<div>Toledo El.   0.07                      9.95 365.44-0.42      9.46 347.63</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3117 down 0.0047</div>
<div>Chicago wheat closed steady to slightly higher.</div>
<div>SEP16      HI     4.19  1/4             JUL17   HI      4.81  3/4</div>
<div>           LOW    4.11  1/2                     LOW        4.75</div>
<div>           CLOSE  4.17   Unchanged              CLOSE   4.79   Up  1/2</div>
<div><br>
</div>
<div>Minni wheat closed narrowly mixed.</div>
<div>SEP16      HI         5.03              SEP17   HI      5.50  1/4</div>
<div>           LOW    4.95  3/4                     LOW        5.47</div>
<div>           CLOSE  4.98  1/4  Down 1 1/4         CLOSE   5.50   Up 2 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                 0.58          0.45            0.72          0.64</div>
<div>CAD $/bu              4.75          4.62            4.89          5.62</div>
<div>CAD $/tonne         174.69        169.87          179.52        206.67</div>
<div><br>
</div>
<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      0.51    0.33   0.47    N/A    0.58    0.44   0.44    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    0.40    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    0.60   0.50   0.30    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   0.16    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    1.31    N/A    N/A     N/A    1.48    N/A</div>
<div><br>
</div>
<div>Toledo El. 4.10US         5.38CA        4.59US          6.01CA</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                 0.83          0.76            0.50</div>
<div>CAD $/bu              5.62          5.55            5.29</div>
<div>CAD $/tonne         206.44        204.04          194.41</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             529.45</div>
<div>DDG's FOB Srn & Aylm      190.00 - 195.00</div>
<div><br>
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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%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">519-674-1530</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;
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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p></o:p></span></span></p>
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