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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, August 16</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.2862 down 0.0060</div>
<div>Chicago corn closed slightly higher.</div>
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</div>
<div> SEP16 HI 3.29 DEC16 HI 3.39 1/4</div>
<div> LOW 3.24 1/4 LOW 3.34 1/4</div>
<div> CLOSE3.27 1/2 Up 1 CLOSE 3.37 1/4 Up 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 4.38 172.24 0.80 4.17 164.26</div>
<div>CK High 1.10 4.38 172.24 0.85 4.22 166.23</div>
<div>CK Avg 1.10 0.13 4.38 172.24 0.84 -0.09 4.21 165.90</div>
<div>Essex Cty 1.10 4.38 172.24 0.80 4.17 164.26</div>
<div>Mdsx Low 1.10 4.38 172.24 0.85 4.22 166.23</div>
<div>Mdsx High 1.10 4.38 172.24 0.85 4.22 166.23</div>
<div>Mdsx Avg 1.10 0.13 4.38 172.24 0.85 -0.08 4.22 166.23</div>
<div>Hensall 1.10 4.38 172.24 0.85 4.22 166.23</div>
<div>Bruce 1.10 4.38 172.24 0.85 4.22 166.23</div>
<div>Putnam 1.10 4.38 172.24 0.85 4.22 166.23</div>
<div>Burford 1.10 4.38 172.24 0.85 4.22 166.23</div>
<div>Port Perry 1.10 4.38 172.24 0.85 4.22 166.23</div>
<div>Norfolk 1.10 4.38 172.24 0.90 4.27 168.20</div>
<div>Palmerston 1.10 4.38 172.24 0.80 4.17 164.26</div>
<div>Varna 1.10 4.38 172.24 0.85 4.22 166.23</div>
<div>Trenton 1.20 4.48 176.17 0.85 4.22 166.23</div>
<div>Winchester 1.25 4.53 178.14 1.05 4.42 174.11</div>
<div>North Gower 1.23 4.51 177.35 1.00 4.37 172.14</div>
<div>Huron FOB 1.25 4.53 178.14 0.85 4.22 166.23</div>
<div>Kent FOB 1.25 4.53 178.14 0.85 4.22 166.23</div>
<div>Lamb FOB 1.30 4.58 180.11 0.70 4.07 160.33</div>
<div>Mdsx FOB 1.25N/A N/A N/A 4.53 178.14 0.85 4.22 166.23</div>
<div>FOB SW Que 1.74 5.02 197.43N/A</div>
<div>Track 1.60 4.88 191.92N/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 4.37 172.14</div>
<div>Sarn-Eth 1.45 1.45 1.15N/A 4.73 186.02 1.15 4.52 178.04</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 4.80 188.77 0.97 4.34 170.96</div>
<div>Pt.Colb-Ing N/A N/A 1.72N/A N/A</div>
<div>Cardnl-Ing N/A N/A 1.35 1.15 1.15 4.52 178.04</div>
<div>W O Feed 1.71 4.99 196.25</div>
<div><br>
</div>
<div>US Rep 1.77 5.05 198.61</div>
<div>Toledo El. 0.09 3.36 132.47 -0.26 3.12 122.67</div>
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</div>
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</div>
<div>MID SD CRN 0.82 1/2 4.19 3/4</div>
<div>HI SD CRN 0.85 4.22 1/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.2862 down 0.0060</div>
<div>Chicago soybeans closed slightly lower.</div>
<div><br>
</div>
<div> NOV16 HI 10.15 3/4 NOV16 HI 10.15 3/4</div>
<div> LOW 10.01 LOW 10.01</div>
<div> CLOSE10.07 1/4 Down 2 CLOSE 10.07 1/4 Down 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 2.75 12.82 471.152.30 12.37 454.61</div>
<div>CK High 2.90 12.97 476.662.40 12.47 458.29</div>
<div>CK Average 2.82 -0.0312.90 473.842.36 -0.3812.43 456.69</div>
<div>Essex Cty 2.85 12.92 474.822.35 12.42 456.45</div>
<div>Mdsx Low 2.77 12.84 471.882.30 12.37 454.61</div>
<div>Mdsx High 2.80 12.87 472.982.37 12.44 457.18</div>
<div>Mdsx Average 2.79 -0.0612.86 472.432.34 -0.4012.41 455.90</div>
<div>Hensall 2.80 12.87 472.982.33 12.40 455.53</div>
<div>Bruce 2.90 12.97 476.662.40 12.47 458.29</div>
<div>Putnam 2.90 12.97 476.662.40 12.47 458.29</div>
<div>Burford 2.80 12.87 472.982.40 12.47 458.29</div>
<div>Port Perry 2.77 12.84 471.882.37 12.44 457.18</div>
<div>Norfolk 2.75 12.82 471.152.35 12.42 456.45</div>
<div>Palmerston 2.85 12.92 474.822.35 12.42 456.45</div>
<div>Varna 2.80 12.87 472.982.35 12.42 456.45</div>
<div>Trenton N/A 2.65 12.72 467.47</div>
<div>Winchester N/A 2.55 12.62 463.80</div>
<div>North Gower N/A 2.59 12.66 465.27</div>
<div>Huron FOB 2.90 12.97 476.662.45 12.52 460.12</div>
<div>Kent FOB 2.90 12.97 476.662.45 12.52 460.12</div>
<div>Lambton FOB 3.10 13.17 484.012.55 12.62 463.80</div>
<div>Middlesex FOB2.94 N/A N/A 2.54 13.01 478.132.48 12.55 461.23</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.31 3.31 2.87 2.93 13.38 491.722.87 12.94 475.56</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 12.07 443.592.85 12.92 474.82</div>
<div><br>
</div>
<div>Toledo El. 0.06 10.14 372.46-0.41 9.66 355.02</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.2862 down 0.0060</div>
<div>Chicago wheat closed slightly higher.</div>
<div>SEP16 HI 4.28 JUL17 HI 4.80 3/4</div>
<div> LOW 4.14 1/2 LOW 4.73</div>
<div> CLOSE 4.23 1/2 Up 1 1/2 CLOSE 4.77 1/2 Up 2 1/4</div>
<div><br>
</div>
<div>Minni wheat closed narrowly mixed.</div>
<div>SEP16 HI 5.22 1/2 SEP17 HI 5.56 3/4</div>
<div> LOW 5.12 1/4 LOW 5.55</div>
<div> CLOSE 5.17 Up 1 3/4 CLOSE 5.55 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 0.50 0.37 0.69 0.44</div>
<div>CAD $/bu 4.73 4.61 4.93 5.61</div>
<div>CAD $/tonne 173.94 169.22 181.02 206.27</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 0.35 N/A N/A N/A 0.40 N/A</div>
<div>London 0.40 0.21 0.37 N/A 0.43 0.30 0.37 N/A</div>
<div>Hensall 0.35 N/A 0.30 N/A 0.55 N/A 0.40 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 0.35 N/A 0.30 N/A 0.55 N/A 0.40 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 0.35 N/A 0.30 N/A 0.55 N/A 0.40 N/A</div>
<div>Chatham N/A 0.30 0.35 N/A N/A N/A 0.40 N/A</div>
<div>Brigden N/A N/A 0.35 N/A N/A N/A 0.40 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 0.35 0.30 0.30 N/A 0.55 0.35 0.40 N/A</div>
<div>Thornton N/A N/A N/A 0.19 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.39 0.65 0.47 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 1.21 N/A N/A N/A 1.35 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.17US 5.35CA 4.58US 5.87CA</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 0.71 0.64 0.39</div>
<div>CAD $/bu 5.48 5.42 5.16</div>
<div>CAD $/tonne 201.42 199.07 189.64</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 522.17</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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