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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, August 15</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.2922 down 0.0023</div>
<div>Chicago corn closed slightly higher.</div>
<div><br>
</div>
<div> SEP16 HI 3.29 DEC16 HI 3.39 1/4</div>
<div> LOW 3.21 LOW 3.31 1/2</div>
<div> CLOSE3.26 1/2 Up 4 1/4 CLOSE 3.37 Up 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 4.37 171.84 0.80 4.17 164.17</div>
<div>CK High 1.10 4.37 171.84 0.85 4.22 166.13</div>
<div>CK Avg 1.10 0.12 4.37 171.84 0.81 -0.13 4.18 164.49</div>
<div>Essex Cty 1.10 4.37 171.84 0.80 4.17 164.17</div>
<div>Mdsx Low 1.10 4.37 171.84 0.85 4.22 166.13</div>
<div>Mdsx High 1.10 4.37 171.84 0.85 4.22 166.13</div>
<div>Mdsx Avg 1.10 0.12 4.37 171.84 0.85 -0.10 4.22 166.13</div>
<div>Hensall 1.10 4.37 171.84 0.85 4.22 166.13</div>
<div>Bruce 1.10 4.37 171.84 0.85 4.22 166.13</div>
<div>Putnam 1.10 4.37 171.84 0.85 4.22 166.13</div>
<div>Burford 1.10 4.37 171.84 0.85 4.22 166.13</div>
<div>Port Perry 1.10 4.37 171.84 0.85 4.22 166.13</div>
<div>Norfolk 1.10 4.37 171.84 0.90 4.27 168.10</div>
<div>Palmerston 1.10 4.37 171.84 0.80 4.17 164.17</div>
<div>Varna 1.10 4.37 171.84 0.85 4.22 166.13</div>
<div>Trenton 1.20 4.47 175.78 0.85 4.22 166.13</div>
<div>Winchester 1.25 4.52 177.75 1.05 4.42 174.01</div>
<div>North Gower 1.27 4.54 178.54 0.95 4.32 170.07</div>
<div>Huron FOB 1.25 4.52 177.75 0.85 4.22 166.13</div>
<div>Kent FOB 1.25 4.52 177.75 0.85 4.22 166.13</div>
<div>Lamb FOB 1.30 4.57 179.72 0.70 4.07 160.23</div>
<div>Mdsx FOB 1.25N/A N/A N/A 4.52 177.75 0.80 4.17 164.17</div>
<div>FOB SW Que 1.74 5.01 197.04N/A</div>
<div>Track 1.60 4.87 191.53N/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 1.00 1.00 4.37 172.04</div>
<div>Sarn-Eth 1.45 1.45 1.15N/A 4.72 185.62 1.15 4.52 177.94</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing 1.52 1.46 1.59 0.97 4.79 188.38 1.20 4.57 179.91</div>
<div>Pt.Colb-Ing N/A N/A 1.72 1.18 1.34 4.71 185.42</div>
<div>Cardnl-Ing N/A N/A 1.35 1.15 1.35 4.72 185.82</div>
<div>W O Feed 1.70 4.97 195.54</div>
<div><br>
</div>
<div>US Rep 1.73 5.00 196.64</div>
<div>Toledo El. 0.09 3.36 132.10 -0.26 3.11 122.51</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.82 1/2 4.19 1/2</div>
<div>HI SD CRN 0.85 4.22</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.2922 down 0.0023</div>
<div>Chicago soybeans closed moderately higher to higher.</div>
<div><br>
</div>
<div> NOV16 HI 10.11 NOV16 HI 10.11</div>
<div> LOW 9.80 LOW 9.80</div>
<div> CLOSE10.09 1/4 Up 27 1/2 CLOSE 10.09 1/4 Up 27 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 2.80 12.89 473.722.35 12.44 457.18</div>
<div>CK High 2.95 13.04 479.232.45 12.54 460.86</div>
<div>CK Average 2.88 -0.0512.97 476.472.41 -0.4112.50 459.33</div>
<div>Essex Cty 2.85 12.94 475.562.35 12.44 457.18</div>
<div>Mdsx Low 2.83 12.92 474.822.40 12.49 459.02</div>
<div>Mdsx High 2.90 12.99 477.392.43 12.52 460.12</div>
<div>Mdsx Average 2.87 -0.0612.96 476.112.42 -0.4012.51 459.57</div>
<div>Hensall 2.88 12.97 476.472.40 12.49 459.02</div>
<div>Bruce 2.90 12.99 477.392.40 12.49 459.02</div>
<div>Putnam 2.90 12.99 477.392.40 12.49 459.02</div>
<div>Burford 2.86 12.95 475.922.46 12.55 461.23</div>
<div>Port Perry 2.83 12.92 474.822.43 12.52 460.12</div>
<div>Norfolk 2.80 12.89 473.722.40 12.49 459.02</div>
<div>Palmerston 2.85 12.94 475.562.35 12.44 457.18</div>
<div>Varna 2.90 12.99 477.392.40 12.49 459.02</div>
<div>Trenton N/A 2.65 12.74 468.21</div>
<div>Winchester N/A 2.50 12.59 462.70</div>
<div>North Gower N/A 2.53 12.62 463.80</div>
<div>Huron FOB 2.95 13.04 479.232.50 12.59 462.70</div>
<div>Kent FOB 2.95 13.04 479.232.50 12.59 462.70</div>
<div>Lambton FOB 3.10 13.19 484.742.65 12.74 468.21</div>
<div>Middlesex FOB3.00 N/A N/A 2.60 13.09 481.072.53 12.62 463.80</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.40 3.40 2.95 3.00 13.49 495.762.95 13.04 479.23</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 12.09 444.322.85 12.94 475.56</div>
<div><br>
</div>
<div>Toledo El. 0.06 10.16 373.21-0.41 9.68 355.66</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.2922 down 0.0023</div>
<div>Chicago wheat closed slightly to moderately lower.</div>
<div>SEP16 HI 4.30 JUL17 HI 4.84 3/4</div>
<div> LOW 4.17 1/4 LOW 4.74</div>
<div> CLOSE 4.22 Down 1/2 CLOSE 4.75 1/4 Down 6 3/4</div>
<div><br>
</div>
<div>Minni wheat closed narrowly mixed.</div>
<div>SEP16 HI 5.23 SEP17 HI 5.60</div>
<div> LOW 5.12 LOW 5.56</div>
<div> CLOSE 5.15 1/4 Up 1 1/2 CLOSE 5.56 Down 1</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 0.65 0.47</div>
<div>CAD $/bu 4.74 4.61 4.87 5.62</div>
<div>CAD $/tonne 174.09 169.35 178.83 206.46</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 0.35 N/A N/A N/A 0.40 N/A</div>
<div>London 0.47 0.27 0.43 N/A 0.50 0.37 0.43 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 0.35 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 0.40 0.50 N/A 0.40 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 0.23 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.41 0.67 0.48 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 1.23 N/A N/A N/A 1.38 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.15US 5.36CA 4.55US 5.88CA</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 0.74 0.67 0.41</div>
<div>CAD $/bu 5.49 5.43 5.17</div>
<div>CAD $/tonne 201.71 199.33 189.85</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 525.37</div>
<div>DDG's FOB Srn & Aylm 175.00 - 180.00</div>
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</div>
<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>
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