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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 26</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.2947 up 0.0010</div>
<div>Chicago corn closed moderately lower.</div>
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</div>
<div> SEP16 HI 3.25 1/4 DEC16 HI 3.34</div>
<div> LOW 3.15 3/4 LOW 3.24 1/2</div>
<div> CLOSE3.16 1/4 Down 7 1/4 CLOSE 3.25 Down 7</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 1.15 4.31 169.78 0.85 4.10 161.41</div>
<div>CK High 1.15 4.31 169.78 0.85 4.10 161.41</div>
<div>CK Avg 1.15 0.15 4.31 169.78 0.85 -0.09 4.10 161.41</div>
<div>Essex Cty 1.15 4.31 169.78 0.85 4.10 161.41</div>
<div>Mdsx Low 1.15 4.31 169.78 0.85 4.10 161.41</div>
<div>Mdsx High 1.15 4.31 169.78 0.90 4.15 163.38</div>
<div>Mdsx Avg 1.15 0.15 4.31 169.78 0.88 -0.07 4.13 162.39</div>
<div>Hensall 1.15 4.31 169.78 0.90 4.15 163.38</div>
<div>Bruce 1.15 4.31 169.78 0.90 4.15 163.38</div>
<div>Putnam 1.15 4.31 169.78 0.85 4.10 161.41</div>
<div>Burford 1.15 4.31 169.78 0.85 4.10 161.41</div>
<div>Port Perry 1.15 4.31 169.78 0.85 4.10 161.41</div>
<div>Norfolk 1.15 4.31 169.78 0.90 4.15 163.38</div>
<div>Palmerston 1.15 4.31 169.78 0.85 4.10 161.41</div>
<div>Varna 1.15 4.31 169.78 0.90 4.15 163.38</div>
<div>Trenton 1.20 4.36 171.74 0.90 4.15 163.38</div>
<div>Winchester 1.25 4.41 173.71 1.10 4.35 171.25</div>
<div>North Gower 1.27 4.43 174.50 1.05 4.30 169.28</div>
<div>Huron FOB 1.32 4.48 176.47 0.90 4.15 163.38</div>
<div>Kent FOB 1.30 4.46 175.68 0.85 4.10 161.41</div>
<div>Lamb FOB 1.20 4.36 171.74 0.85 4.10 161.41</div>
<div>Mdsx FOB 1.25N/A N/A N/A 4.41 173.71 0.85 4.10 161.41</div>
<div>FOB SW Que 1.70 4.86 191.43N/A</div>
<div>Track 1.65 4.81 189.26N/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 4.25 167.32</div>
<div>Sarn-Eth 1.50 1.50 1.15N/A 4.66 183.55 1.15 4.40 173.22</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 4.25 167.32</div>
<div>Pt.Colb-Ing N/A N/A 1.68 1.05 1.05 4.30 169.28</div>
<div>Cardnl-Ing N/A N/A 1.35 1.15 1.15 4.40 173.22</div>
<div>W O Feed 1.72 4.88 192.22</div>
<div><br>
</div>
<div>US Rep 1.69 4.85 191.03</div>
<div>Toledo El. 0.09 3.25 128.09 -0.26 2.99 117.72</div>
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</div>
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</div>
<div>MID SD CRN 0.85 4.101</div>
<div>HI SD CRN 0.85 4.101</div>
<div>*Wet Bid</div>
<div><br>
</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.2947 up 0.0010</div>
<div>Chicago soybeans closed mixed.</div>
<div><br>
</div>
<div> NOV16 HI 9.80 1/4 NOV16 HI 9.80 1/4</div>
<div> LOW 9.60 1/2 LOW 9.60 1/2</div>
<div> CLOSE9.67 1/4 Down 8 1/4 CLOSE 9.67 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 12.47 458.292.39 12.06 443.22</div>
<div>CK High 3.05 12.72 467.472.60 12.27 450.94</div>
<div>CK Average 2.91 0.00 12.58 462.392.50 -0.3012.17 447.20</div>
<div>Essex Cty 2.95 12.62 463.802.55 12.22 449.10</div>
<div>Mdsx Low 2.85 12.52 460.122.37 12.04 442.49</div>
<div>Mdsx High 3.00 12.67 465.632.55 12.22 449.10</div>
<div>Mdsx Average 2.93 0.01 12.60 462.882.46 -0.3312.13 445.79</div>
<div>Hensall 2.98 12.65 464.722.55 12.22 449.10</div>
<div>Bruce 3.00 12.67 465.632.55 12.22 449.10</div>
<div>Putnam 3.00 12.67 465.632.55 12.22 449.10</div>
<div>Burford 2.88 12.55 461.232.40 12.07 443.59</div>
<div>Port Perry 2.85 12.52 460.122.37 12.04 442.49</div>
<div>Norfolk 2.80 12.47 458.292.45 12.12 445.43</div>
<div>Palmerston 2.95 12.62 463.802.55 12.22 449.10</div>
<div>Varna 2.95 12.62 463.802.55 12.22 449.10</div>
<div>Trenton N/A 2.60 12.27 450.94</div>
<div>Winchester N/A 2.30 11.97 439.91</div>
<div>North Gower N/A 2.63 12.30 452.04</div>
<div>Huron FOB 3.05 12.72 467.472.65 12.32 452.77</div>
<div>Kent FOB 3.05 12.72 467.472.60 12.27 450.94</div>
<div>Lambton FOB 3.20 12.87 472.982.55 12.22 449.10</div>
<div>Middlesex FOB2.95 N/A N/A 2.54 12.62 463.802.48 12.15 446.53</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.30 3.30 2.90 2.95 12.97 476.662.90 12.57 461.96</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 2.87 12.54 460.863.00 12.67 465.63</div>
<div><br>
</div>
<div>Toledo El. 0.07 9.74 357.79-0.42 9.26 340.13</div>
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</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.2947 up 0.0010</div>
<div>Chicago wheat closed lower.</div>
<div>SEP16 HI 4.02 1/4 JUL17 HI 4.70</div>
<div> LOW 3.81 LOW 4.53 1/2</div>
<div> CLOSE 3.83 1/2 Down 17 3/4 CLOSE 4.55 3/4 Down 14 1/4</div>
<div><br>
</div>
<div>Minni wheat closed moderately lower to lower.</div>
<div>DEC16 HI 5.04 1/2 SEP17 HI 5.45 1/4</div>
<div> LOW 4.91 3/4 LOW 5.34 3/4</div>
<div> CLOSE 4.92 3/4 Down 11 3/4 CLOSE 5.34 3/4 Down 10 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 0.44 0.31 0.63 0.12</div>
<div>CAD $/bu 4.27 4.14 4.47 5.04</div>
<div>CAD $/tonne 157.00 152.22 164.17 185.32</div>
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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 0.30 N/A N/A N/A 0.45 N/A</div>
<div>London 0.30 0.26 0.32 N/A 0.43 0.30 0.36 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 0.40 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 0.50 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 0.30 N/A N/A N/A 0.40 N/A</div>
<div>Brigden N/A N/A 0.30 N/A N/A N/A 0.40 N/A</div>
<div>Palmerston N/A 0.54 0.39 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 -0.01 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.59 0.91 0.13 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.64 0.84 0.35 N/A 0.60 0.60 0.45</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.15 N/A N/A N/A 1.36 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.77US 4.90CA 4.36US 5.66CA</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 0.65 0.39</div>
<div>CAD $/bu 5.27 5.20 4.94</div>
<div>CAD $/tonne 193.61 191.22 181.68</div>
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</div>
<div>(C)-Basis over the Chicago Board of Trade futures</div>
<div>(M)-Basis over the Minneapolis Grain Exchange</div>
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<div>FEED GRAINS</div>
<div>FOB Hm Soymeal 497.37</div>
<div>DDG's FOB Srn & Aylm 170.00 - 175.00</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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