<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;background-color:#FFFFFF;font-family:'Courier New',monospace;">
<p></p>
<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, August 22</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.2942 up 0.0064</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div> SEP16 HI 3.34 1/2 DEC16 HI 3.44</div>
<div> LOW 3.30 1/2 LOW 3.40</div>
<div> CLOSE3.33 1/4 Down 1 CLOSE 3.42 1/2 Down 1 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 1.15 4.48 176.47 0.85 4.28 168.30</div>
<div>CK High 1.15 4.48 176.47 0.85 4.28 168.30</div>
<div>CK Avg 1.15 0.13 4.48 176.47 0.85 -0.12 4.28 168.30</div>
<div>Essex Cty 1.15 4.48 176.47 0.85 4.28 168.30</div>
<div>Mdsx Low 1.15 4.48 176.47 0.85 4.28 168.30</div>
<div>Mdsx High 1.15 4.48 176.47 0.85 4.28 168.30</div>
<div>Mdsx Avg 1.15 0.13 4.48 176.47 0.85 -0.12 4.28 168.30</div>
<div>Hensall 1.15 4.48 176.47 0.88 4.30 169.28</div>
<div>Bruce 1.15 4.48 176.47 0.90 4.33 170.27</div>
<div>Putnam 1.15 4.48 176.47 0.85 4.28 168.30</div>
<div>Burford 1.15 4.48 176.47 0.85 4.28 168.30</div>
<div>Port Perry 1.15 4.48 176.47 0.85 4.28 168.30</div>
<div>Norfolk 1.15 4.48 176.47 0.90 4.33 170.27</div>
<div>Palmerston 1.15 4.48 176.47 0.85 4.28 168.30</div>
<div>Varna 1.15 4.48 176.47 0.90 4.33 170.27</div>
<div>Trenton 1.20 4.53 178.44 0.90 4.33 170.27</div>
<div>Winchester 1.25 4.58 180.41 1.10 4.53 178.14</div>
<div>North Gower 1.27 4.60 181.19 1.07 4.50 176.96</div>
<div>Huron FOB 1.30 4.63 182.37 0.90 4.33 170.27</div>
<div>Kent FOB 1.30 4.63 182.37 0.85 4.28 168.30</div>
<div>Lamb FOB 1.30 4.63 182.37 0.85 4.28 168.30</div>
<div>Mdsx FOB 1.25N/A N/A N/A 4.58 180.41 0.85 4.28 168.30</div>
<div>FOB SW Que 1.70 5.03 198.12N/A</div>
<div>Track 1.50 4.83 190.25N/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 4.43 174.20</div>
<div>Sarn-Eth 1.50 1.50 1.15N/A 4.83 190.25 1.15 4.58 180.11</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A N/A 1.59 0.97 0.97 4.40 173.02</div>
<div>Pt.Colb-Ing N/A N/A N/A N/A N/A</div>
<div>Cardnl-Ing N/A N/A 1.35 1.15 1.15 4.58 180.11</div>
<div>W O Feed 1.73 5.06 199.30</div>
<div><br>
</div>
<div>US Rep 1.77 5.10 200.88</div>
<div>Toledo El. 0.09 3.42 134.76 -0.26 3.17 124.66</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.85 4.27 1/2</div>
<div>HI SD CRN 0.85 4.27 1/2</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.2942 up 0.0064</div>
<div>Chicago soybeans closed slightly to moderately higher.</div>
<div><br>
</div>
<div> NOV16 HI 10.20 NOV16 HI 10.20</div>
<div> LOW 9.99 LOW 9.99</div>
<div> CLOSE10.15 3/4 Up 11 1/4 CLOSE 10.15 3/4 Up 11 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 12.96 476.112.35 12.51 459.57</div>
<div>CK High 2.95 13.11 481.622.45 12.61 463.25</div>
<div>CK Average 2.87 -0.1013.03 478.802.42 -0.4312.57 462.02</div>
<div>Essex Cty 2.85 13.01 477.942.35 12.51 459.57</div>
<div>Mdsx Low 2.87 13.03 478.682.04 12.20 448.25</div>
<div>Mdsx High 2.90 13.06 479.782.40 12.56 461.41</div>
<div>Mdsx Average 2.89 -0.0913.04 479.232.22 -0.5812.38 454.83</div>
<div>Hensall 2.88 13.03 478.862.43 12.58 462.33</div>
<div>Bruce 2.90 13.06 479.782.40 12.56 461.41</div>
<div>Putnam 2.90 13.06 479.782.40 12.56 461.41</div>
<div>Burford 2.90 13.06 479.782.46 12.62 463.61</div>
<div>Port Perry 2.87 13.03 478.682.43 12.59 462.51</div>
<div>Norfolk 2.85 13.01 477.942.45 12.61 463.25</div>
<div>Palmerston 2.85 13.01 477.942.35 12.51 459.57</div>
<div>Varna 2.85 13.01 477.942.40 12.56 461.41</div>
<div>Trenton N/A 2.55 12.71 466.92</div>
<div>Winchester N/A 2.38 12.54 460.67</div>
<div>North Gower N/A 2.62 12.78 469.49</div>
<div>Huron FOB 2.95 13.11 481.622.55 12.71 466.92</div>
<div>Kent FOB 3.00 13.16 483.462.50 12.66 465.08</div>
<div>Lambton FOB 3.10 13.26 487.132.55 12.71 466.92</div>
<div>Middlesex FOB##### N/A N/A 2.67 3012.1######2.60 12.76 468.76</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.45 2.34 2.95 3.00 13.61 499.992.95 13.11 481.62</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 12.16 446.712.85 13.01 477.94</div>
<div><br>
</div>
<div>Toledo El. 0.06 10.22 375.60-0.41 9.74 358.02</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.2942 up 0.0064</div>
<div>Chicago wheat closed slightly lower to lower.</div>
<div>SEP16 HI 4.29 1/4 JUL17 HI 4.85 3/4</div>
<div> LOW 4.14 LOW 4.79</div>
<div> CLOSE 4.15 1/4 Down 11 3/4 CLOSE 4.81 Down 4 1/2</div>
<div><br>
</div>
<div>Minni wheat closed slightly lower.</div>
<div>DEC16 HI 5.28 SEP17 HI 5.58 1/4</div>
<div> LOW 5.23 1/4 LOW 5.58 1/4</div>
<div> CLOSE 5.24 1/2 Down 2 3/4 CLOSE 5.58 1/4 Down 1 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 0.51 0.38 0.71 0.19</div>
<div>CAD $/bu 4.67 4.54 4.86 5.43</div>
<div>CAD $/tonne 171.42 166.66 178.56 199.61</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 0.45 0.28 0.41 N/A 0.48 0.35 0.42 N/A</div>
<div>Hensall 0.35 N/A 0.35 N/A 0.55 N/A 0.40 N/A</div>
<div>Trenton N/A N/A 0.50 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 0.30 N/A N/A N/A 0.30 N/A</div>
<div>Norwich 0.35 N/A 0.35 N/A 0.55 N/A 0.40 N/A</div>
<div>Port Hope N/A 0.50 0.40 0.59 N/A 0.35 0.40 N/A</div>
<div>Kent Bridge 0.35 N/A 0.35 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 0.30 0.35 0.44 N/A 0.40 0.45 0.50</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 0.35 N/A 0.55 0.35 0.40 N/A</div>
<div>Thornton N/A N/A N/A 0.04 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.38 0.71 0.16 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.60 0.80 0.49 N/A 0.60 0.65 0.45</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.22 N/A N/A N/A 1.41 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.08US 5.29CA 4.61US 5.96CA</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 0.76 0.70 0.44</div>
<div>CAD $/bu 5.57 5.51 5.25</div>
<div>CAD $/tonne 204.74 202.36 192.86</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 -</div>
<div>DDG's FOB Srn & Aylm 170.00 - 175.00</div>
<div><br>
</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" tabindex="-1" disabled="true"><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" tabindex="-1" disabled="true"><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;
line-height:115%;font-family:"Courier New";color:#333333"><br>
<br>
<span style="background:#FDFDFD">Unsubscribe from newsletter:<span class="apple-converted-space"> </span></span><br>
</span><a href="https://listserv.uoguelph.ca/cgi-bin/wa?SUBED1=AGRILINK-FARM-MARKET-NEWS&A=1" target="_blank" tabindex="-1" disabled="true"><span style="font-size:10.0pt;line-height:115%;font-family:
"Courier New";color:#336699;text-decoration:none;text-underline:none">https://listserv.uoguelph.ca/cgi-bin/wa?SUBED1=AGRILINK-FARM-MARKET-NEWS&A=1</span></a><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"><o:p></o:p></span></p>
<span id="ms-rterangepaste-end"></span><br>
</div>
<div><br>
</div>
<br>
<p></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<div><span style="font-family:"Courier New",monospace; font-size:10pt"></span></div>
<br>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>