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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, August 24</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.294 up 0.0038</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div> SEP16 HI 3.30 1/2 DEC16 HI 3.39 1/2</div>
<div> LOW 3.25 1/2 LOW 3.34 1/2</div>
<div> CLOSE3.27 1/2 Down 1 CLOSE 3.36 1/4 Down 1</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 4.43 174.20 0.85 4.21 165.84</div>
<div>CK High 1.15 4.43 174.20 0.85 4.21 165.84</div>
<div>CK Avg 1.15 0.15 4.43 174.20 0.85 -0.10 4.21 165.84</div>
<div>Essex Cty 1.15 4.43 174.20 0.85 4.21 165.84</div>
<div>Mdsx Low 1.15 4.43 174.20 0.85 4.21 165.84</div>
<div>Mdsx High 1.15 4.43 174.20 0.90 4.26 167.81</div>
<div>Mdsx Avg 1.15 0.15 4.43 174.20 0.88 -0.08 4.24 166.82</div>
<div>Hensall 1.15 4.43 174.20 0.90 4.26 167.81</div>
<div>Bruce 1.15 4.43 174.20 0.90 4.26 167.81</div>
<div>Putnam 1.15 4.43 174.20 0.85 4.21 165.84</div>
<div>Burford 1.15 4.43 174.20 0.85 4.21 165.84</div>
<div>Port Perry 1.15 4.43 174.20 0.85 4.21 165.84</div>
<div>Norfolk 1.15 4.43 174.20 0.90 4.26 167.81</div>
<div>Palmerston 1.15 4.43 174.20 0.85 4.21 165.84</div>
<div>Varna 1.15 4.43 174.20 0.90 4.26 167.81</div>
<div>Trenton 1.20 4.48 176.17 0.90 4.26 167.81</div>
<div>Winchester 1.25 4.53 178.14 1.10 4.46 175.68</div>
<div>North Gower 1.27 4.55 178.93 1.05 4.41 173.71</div>
<div>Huron FOB 1.30 4.58 180.11 0.90 4.26 167.81</div>
<div>Kent FOB 1.30 4.58 180.11 0.85 4.21 165.84</div>
<div>Lamb FOB 1.30 4.58 180.11 0.85 4.21 165.84</div>
<div>Mdsx FOB 1.25N/A N/A N/A 4.53 178.14 0.90 4.26 167.81</div>
<div>FOB SW Que 1.70 4.98 195.86N/A</div>
<div>Track 1.62 4.89 192.51N/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 N/A N/A 1.00 1.00 4.36 171.74</div>
<div>Sarn-Eth 1.50 1.50 1.15N/A 4.78 187.98 1.15 4.51 177.65</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A 1.42 1.49 1.00 1.00 4.36 171.74</div>
<div>Pt.Colb-Ing N/A N/A 1.68 1.05 1.05 4.41 173.71</div>
<div>Cardnl-Ing N/A N/A 1.35 1.15 1.15 4.51 177.65</div>
<div>W O Feed 1.73 5.01 197.04</div>
<div><br>
</div>
<div>US Rep 1.77 5.05 198.61</div>
<div>Toledo El. 0.09 3.37 132.50 -0.26 3.10 122.21</div>
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</div>
<div><br>
</div>
<div>MID SD CRN 0.85 4.21 1/4</div>
<div>HI SD CRN 0.85 4.21 1/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.294 up 0.0038</div>
<div>Chicago soybeans closed slightly lower.</div>
<div><br>
</div>
<div> NOV16 HI 10.14 NOV16 HI 10.14</div>
<div> LOW 9.96 1/4 LOW 9.96 1/4</div>
<div> CLOSE10.05 1/4 Down 8 1/4 CLOSE 10.05 1/4 Down 8 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 12.85 472.252.50 12.55 461.23</div>
<div>CK High 3.05 13.10 481.432.60 12.65 464.90</div>
<div>CK Average 2.95 0.00 13.00 477.582.55 -0.3012.60 462.88</div>
<div>Essex Cty 2.95 13.00 477.762.55 12.60 463.06</div>
<div>Mdsx Low 2.90 12.95 475.922.50 12.55 461.23</div>
<div>Mdsx High 3.00 13.05 479.602.55 12.60 463.06</div>
<div>Mdsx Average 2.95 0.00 13.00 477.762.53 -0.3112.58 462.14</div>
<div>Hensall 2.93 12.98 476.842.50 12.55 461.23</div>
<div>Bruce 2.90 12.95 475.922.40 12.45 457.55</div>
<div>Putnam 2.90 12.95 475.922.40 12.45 457.55</div>
<div>Burford 2.93 12.98 477.032.53 12.58 462.33</div>
<div>Port Perry 2.90 12.95 475.922.50 12.55 461.23</div>
<div>Norfolk 2.95 13.00 477.762.60 12.65 464.90</div>
<div>Palmerston 2.95 13.00 477.762.55 12.60 463.06</div>
<div>Varna 2.85 12.90 474.092.40 12.45 457.55</div>
<div>Trenton N/A 2.65 12.70 466.74</div>
<div>Winchester N/A 2.43 12.48 458.65</div>
<div>North Gower N/A 2.54 12.59 462.70</div>
<div>Huron FOB 2.95 13.00 477.762.55 12.60 463.06</div>
<div>Kent FOB 3.05 13.10 481.432.60 12.65 464.90</div>
<div>Lambton FOB 3.10 13.15 483.272.55 12.60 463.06</div>
<div>Middlesex FOB3.08 N/A N/A 2.68 13.13 482.542.61 12.66 465.27</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.40 3.40 2.95 3.00 13.45 494.292.95 13.00 477.76</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 3.00 13.05 479.603.10 13.15 483.27</div>
<div><br>
</div>
<div>Toledo El. 0.06 10.12 371.74-0.41 9.64 354.18</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.294 up 0.0038</div>
<div>Chicago wheat closed slightly lower.</div>
<div>SEP16 HI 4.09 1/4 JUL17 HI 4.73 1/2</div>
<div> LOW 4.02 1/2 LOW 4.67 1/2</div>
<div> CLOSE 4.04 Down 3 3/4 CLOSE 4.71 Down 2 1/2</div>
<div><br>
</div>
<div>Minni wheat closed slightly to moderately lower.</div>
<div>DEC16 HI 5.15 3/4 SEP17 HI 5.52 3/4</div>
<div> LOW 5.07 1/2 LOW 5.47</div>
<div> CLOSE 5.08 3/4 Down 7 CLOSE 5.48 1/4 Down 4 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 0.47 0.34 0.67 0.13</div>
<div>CAD $/bu 4.51 4.38 4.71 5.22</div>
<div>CAD $/tonne 165.86 161.11 172.99 191.88</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 0.30 N/A N/A N/A 0.45 N/A</div>
<div>London 0.34 0.30 0.36 N/A 0.47 0.34 0.40 N/A</div>
<div>Hensall 0.30 N/A 0.30 N/A 0.55 N/A 0.45 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 0.39 N/A</div>
<div>Norwich 0.30 N/A 0.30 N/A 0.55 N/A 0.45 N/A</div>
<div>Port Hope N/A 0.50 0.40 0.43 N/A 0.35 0.45 N/A</div>
<div>Kent Bridge 0.30 N/A 0.30 N/A 0.55 N/A 0.45 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 0.52 0.37 0.30 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 0.30 0.30 0.30 N/A 0.55 0.35 0.45 N/A</div>
<div>Thornton N/A N/A N/A 0.06 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.57 0.89 0.15 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.62 0.82 0.28 N/A 0.60 0.65 0.45</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.19 N/A N/A N/A 1.37 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.97US 5.13CA 4.51US 5.82CA</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 0.73 0.66 0.40</div>
<div>CAD $/bu 5.44 5.37 5.11</div>
<div>CAD $/tonne 199.79 197.42 187.93</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 508.73</div>
<div>DDG's FOB Srn & Aylm 170.00 - 175.00</div>
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<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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