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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 12</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.2945 down 0.0062</div>
<div>Chicago corn closed slightly higher.</div>
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</div>
<div> SEP16 HI 3.23 DEC16 HI 3.33 3/4</div>
<div> LOW 3.12 LOW 3.22 1/2</div>
<div> CLOSE3.22 1/4 Up 1 1/4 CLOSE 3.33 Up 1 1/4</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 1.10 4.32 170.17 0.80 4.13 162.59</div>
<div>CK High 1.10 4.32 170.17 0.85 4.18 164.56</div>
<div>CK Avg 1.10 0.11 4.32 170.17 0.81 -0.13 4.14 162.92</div>
<div>Essex Cty 1.10 4.32 170.17 0.80 4.13 162.59</div>
<div>Mdsx Low 1.10 4.32 170.17 0.80 4.13 162.59</div>
<div>Mdsx High 1.10 4.32 170.17 0.85 4.18 164.56</div>
<div>Mdsx Avg 1.10 0.11 4.32 170.17 0.83 -0.12 4.16 163.58</div>
<div>Hensall 1.10 4.32 170.17 0.85 4.18 164.56</div>
<div>Bruce 1.10 4.32 170.17 0.85 4.18 164.56</div>
<div>Putnam 1.10 4.32 170.17 0.85 4.18 164.56</div>
<div>Burford 1.10 4.32 170.17 0.80 4.13 162.59</div>
<div>Port Perry 1.10 4.32 170.17 0.85 4.18 164.56</div>
<div>Norfolk 1.10 4.32 170.17 0.85 4.18 164.56</div>
<div>Palmerston 1.10 4.32 170.17 0.80 4.13 162.59</div>
<div>Varna 1.10 4.32 170.17 0.85 4.18 164.56</div>
<div>Trenton 1.10 4.32 170.17 0.80 4.13 162.59</div>
<div>Winchester 1.22 4.44 174.89 0.95 4.28 168.50</div>
<div>North Gower 1.27 4.49 176.86 0.95 4.28 168.50</div>
<div>Huron FOB 1.25 4.47 176.07 0.85 4.18 164.56</div>
<div>Kent FOB 1.25 4.47 176.07 0.80 4.13 162.59</div>
<div>Lamb FOB 1.30 4.52 178.04 0.70 4.03 158.65</div>
<div>Mdsx FOB 1.25 1.25N/A N/A 4.47 176.07 0.80 4.13 162.59</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 4.33 170.46</div>
<div>Sarn-Eth 1.45 1.45N/A N/A 4.67 183.95 1.05 4.38 172.43</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing 1.47 1.50 1.57N/A 4.69 184.74 0.93 4.26 167.71</div>
<div>Pt.Colb-Ing N/A N/A 1.75N/A N/A</div>
<div>Cardnl-Ing N/A N/A 1.70N/A 1.01 4.34 170.86</div>
<div>W O Feed 1.71 4.93 194.26</div>
<div><br>
</div>
<div>US Rep 1.73 4.95 194.97</div>
<div>Toledo El. 0.09 3.31 130.44 -0.26 3.07 120.92</div>
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</div>
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</div>
<div>MID SD CRN 0.82 1/2 4.15 1/2</div>
<div>HI SD CRN 0.85 4.18</div>
<div>*Wet Bid</div>
<div><br>
</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.2945 down 0.0062</div>
<div>Chicago soybeans closed slightly lower.</div>
<div><br>
</div>
<div> NOV16 HI 9.92 3/4 NOV16 HI 9.92 3/4</div>
<div> LOW 9.62 1/2 LOW 9.62 1/2</div>
<div> CLOSE9.81 3/4 Down 2 1/4 CLOSE 9.81 3/4 Down 2 1/4</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 2.80 12.62 463.612.30 12.12 445.24</div>
<div>CK High 2.95 12.77 469.132.45 12.27 450.75</div>
<div>CK Average 2.87 -0.0312.68 466.062.38 -0.3812.20 448.30</div>
<div>Essex Cty 2.85 12.67 465.452.35 12.17 447.08</div>
<div>Mdsx Low 2.78 12.60 462.882.38 12.20 448.18</div>
<div>Mdsx High 2.90 12.72 467.292.40 12.22 448.92</div>
<div>Mdsx Average 2.84 -0.0512.66 465.082.39 -0.3812.21 448.55</div>
<div>Hensall 2.88 12.69 466.372.38 12.19 448.00</div>
<div>Bruce 2.90 12.72 467.292.40 12.22 448.92</div>
<div>Putnam 2.90 12.72 467.292.40 12.22 448.92</div>
<div>Burford 2.81 12.63 463.982.41 12.23 449.28</div>
<div>Port Perry 2.78 12.60 462.882.38 12.20 448.18</div>
<div>Norfolk 2.80 12.62 463.612.30 12.12 445.24</div>
<div>Palmerston 2.85 12.67 465.452.35 12.17 447.08</div>
<div>Varna 2.90 12.72 467.292.40 12.22 448.92</div>
<div>Trenton N/A 2.65 12.47 458.10</div>
<div>Winchester N/A 2.45 12.27 450.75</div>
<div>North Gower N/A 2.59 12.41 455.90</div>
<div>Huron FOB 2.95 12.77 469.132.45 12.27 450.75</div>
<div>Kent FOB 2.95 12.77 469.132.40 12.22 448.92</div>
<div>Lambton FOB 3.10 12.92 474.642.55 12.37 454.43</div>
<div>Middlesex FOB2.95 2.95 N/A 2.55 12.77 469.132.49 12.31 452.22</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.35 3.35 2.90 3.02 13.17 483.822.90 12.72 467.29</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 2.00 11.82 434.222.85 12.67 465.45</div>
<div><br>
</div>
<div>Toledo El. 0.06 9.88 363.11-0.41 9.40 345.53</div>
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</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.2945 down 0.0062</div>
<div>Chicago wheat closed slightly to moderately higher.</div>
<div>SEP16 HI 4.23 1/4 JUL17 HI 4.82 1/2</div>
<div> LOW 4.06 LOW 4.68 1/4</div>
<div> CLOSE 4.22 1/2 Up 6 1/4 CLOSE 4.82 Up 2 1/2</div>
<div><br>
</div>
<div>Minni wheat closed slightly to moderately higher.</div>
<div>SEP16 HI 5.14 SEP17 HI 5.57</div>
<div> LOW 5.01 3/4 LOW 5.47 1/2</div>
<div> CLOSE 5.13 3/4 Up 10 1/4 CLOSE 5.57 Up 5 1/4</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 0.54 0.41 0.67 0.48</div>
<div>CAD $/bu 4.76 4.63 4.89 5.62</div>
<div>CAD $/tonne 175.00 170.24 179.77 206.55</div>
<div><br>
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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 0.44 0.24 0.40 N/A 0.49 0.36 0.36 N/A</div>
<div>Hensall 0.40 N/A 0.35 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 0.45 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 0.40 N/A 0.35 N/A 0.60 N/A 0.45 N/A</div>
<div>Port Hope N/A 0.50 0.50 0.50 N/A 0.35 0.45 N/A</div>
<div>Kent Bridge 0.40 N/A 0.35 N/A 0.60 N/A 0.45 N/A</div>
<div>Chatham N/A 0.30 0.35 N/A N/A N/A 0.45 N/A</div>
<div>Brigden N/A N/A 0.35 N/A N/A N/A 0.45 N/A</div>
<div>Palmerston N/A 0.35 0.35 0.45 N/A 0.40 0.45 0.55</div>
<div>Varna 0.40 0.30 0.35 N/A 0.50 0.40 0.40 N/A</div>
<div>Mitchell 0.40 0.30 0.35 N/A 0.60 0.35 0.45 N/A</div>
<div>Thornton N/A N/A N/A -0.02 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.39 0.65 0.46 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 1.25 N/A N/A N/A 1.41 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.16US 5.38CA 4.62US 5.97CA</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 0.77 0.70 0.44</div>
<div>CAD $/bu 5.59 5.52 5.26</div>
<div>CAD $/tonne 205.23 202.85 193.35</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 517.54</div>
<div>DDG's FOB Srn & Aylm 175.00 - 180.00</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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background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
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