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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, August 16</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2661 down 0.0094</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP17 HI 3.56 3/4 DEC17 HI 3.70</u></div>
<div><u> LOW 3.49 1/4 LOW 3.63 1/4</u></div>
<div><u> CLOSE3.52 1/2 Down 2 3/4 CLOSE 3.66 1/2 Down 2</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +DEC17+DEC17+DEC17</u></div>
<div><u>CK Low 0.60 4.13 162.39 0.65 4.32 169.87</u></div>
<div><u>CK High 0.65 4.18 164.36 0.65 4.32 169.87</u></div>
<div><u>CK Avg 0.62 -0.25 4.14 163.05 0.65 -0.25 4.32 169.87</u></div>
<div><u>Essex Cty 0.60 4.13 162.39 0.65 4.32 169.87</u></div>
<div><u>Mdsx Low 0.60 4.13 162.39 0.65 4.32 169.87</u></div>
<div><u>Mdsx High 0.65 4.18 164.36 0.65 4.32 169.87</u></div>
<div><u>Mdsx Avg 0.63 -0.25 4.15 163.38 0.65 -0.25 4.32 169.87</u></div>
<div><u>Hensall 0.63 4.15 163.38 0.65 4.32 169.87</u></div>
<div><u>Bruce 0.60 4.13 162.39 0.65 4.32 169.87</u></div>
<div><u>Putnam 0.60 4.13 162.39 0.65 4.32 169.87</u></div>
<div><u>Burford 0.70 4.23 166.33 0.75 4.42 173.81</u></div>
<div><u>Port Perry 0.85 4.38 172.24 0.75 4.42 173.81</u></div>
<div><u>Norfolk 0.75 4.28 168.30 0.75 4.42 173.81</u></div>
<div><u>Palmerston 0.60 4.13 162.39 0.65 4.32 169.87</u></div>
<div><u>Varna 0.65 4.18 164.36 0.65 4.32 169.87</u></div>
<div><u>Trenton 1.00 4.53 178.14 0.85 4.52 177.75</u></div>
<div><u>Winchester 1.00 4.53 178.14 1.10 4.77 187.59</u></div>
<div><u>North Gower 0.97 4.50 176.96 0.97 4.64 182.47</u></div>
<div><u>Huron FOB 0.95 4.48 176.17 0.75 4.42 173.81</u></div>
<div><u>Kent FOB 0.85 4.38 172.24 0.70 4.37 171.84</u></div>
<div><u>Lamb FOB 0.80 4.33 170.27 0.65 4.32 169.87</u></div>
<div><u>Mdsx FOB 0.75 0.75N/A N/A 4.28 168.30 0.75 4.42 173.81</u></div>
<div><u>FOB SW Que 1.56 5.09 200.19N/A</u></div>
<div><u>Track 1.15 4.68 184.05N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A 0.95N/A 0.80 0.80 4.47 175.78</u></div>
<div><u>Sarn-Eth 1.00 0.95N/A 0.85 4.53 178.14 0.85 4.52 177.75</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A 1.25 1.05 1.05 4.72 185.62</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A 1.00 1.00 4.67 183.65</u></div>
<div><u>Cardnl-Ing N/A N/A 1.40 1.10 1.40 5.07 199.40</u></div>
<div><u>W O Feed 1.36 4.89 192.39</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.36 4.89 192.31</u></div>
<div><u>Toledo El. -0.09 3.44 135.28 -0.28 3.39 133.34</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia N/A 0.65 4.32169 7/8</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.65 4.31 1/2</u></div>
<div><u>HI SD CRN 0.65 4.31 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2661 down 0.0094</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV17 HI 9.27 3/4 NOV17 HI 9.27 3/4</u></div>
<div><u> LOW 9.21 LOW 9.21</u></div>
<div><u> CLOSE9.25 1/4 Up 1 CLOSE 9.25 1/4 Up 1</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +NOV1+NOV1+NOV17</u></div>
<div><u>CK Low 1.90 11.15 409.781.65 10.90 400.60</u></div>
<div><u>CK High 2.05 11.30 415.301.90 11.15 409.78</u></div>
<div><u>CK Average 1.97 -0.3911.22 412.301.73 -0.5610.99 403.66</u></div>
<div><u>Essex Cty 1.90 11.15 409.781.60 10.85 398.76</u></div>
<div><u>Mdsx Low 1.97 11.22 412.361.75 11.00 404.27</u></div>
<div><u>Mdsx High 2.00 11.25 413.461.81 11.06 406.48</u></div>
<div><u>Mdsx Average 1.99 -0.3811.24 412.911.78 -0.5211.03 405.37</u></div>
<div><u>Hensall 2.01 11.26 413.831.78 11.03 405.19</u></div>
<div><u>Bruce 2.00 11.25 413.461.75 11.00 404.27</u></div>
<div><u>Putnam 2.02 11.27 414.191.85 11.10 407.95</u></div>
<div><u>Burford 2.04 11.29 414.931.88 11.13 409.05</u></div>
<div><u>Port Perry 1.97 11.22 412.361.81 11.06 406.48</u></div>
<div><u>Norfolk 2.00 11.25 413.461.75 11.00 404.27</u></div>
<div><u>Palmerston 1.85 11.10 407.951.70 10.95 402.44</u></div>
<div><u>Varna 2.02 11.27 414.191.80 11.05 406.11</u></div>
<div><u>Trenton 1.95 11.20 411.621.80 11.05 406.11</u></div>
<div><u>Winchester 1.80 11.05 406.112.00 11.25 413.46</u></div>
<div><u>North Gower 1.87 11.12 408.681.94 11.19 411.25</u></div>
<div><u>Huron FOB 2.12 11.37 417.871.90 11.15 409.78</u></div>
<div><u>Kent FOB 2.05 11.30 415.301.70 10.95 402.44</u></div>
<div><u>Lambton FOB 2.20 11.45 420.811.90 11.15 409.78</u></div>
<div><u>Middlesex FOB2.20 2.20 N/A N/A 11.45 420.811.99 11.24 413.09</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 2.56 2.37 2.25 2.30 11.81 434.042.25 11.50 422.64</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.00 11.25 413.462.19 11.44 420.44</u></div>
<div><u>Sarnia 2.27 11.52 423.382.17 11.42 419.71</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.28 8.97 329.74-0.64 8.61 316.29</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2661 down 0.0094</u></div>
<div><u>Chicago wheat closed moderately lower to lower.</u></div>
<div><u>SEP17 HI 4.35 3/4 JUL18 HI 5.07 1/2</u></div>
<div><u> LOW 4.17 LOW 4.94</u></div>
<div><u> CLOSE 4.19 1/4 Down 10 1/4 CLOSE 4.96 1/2 Down 5 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher to higher.</u></div>
<div><u>SEP17 HI 6.81 SEP18 HI 6.32</u></div>
<div><u> LOW 6.58 1/4 LOW 6.22 1/2</u></div>
<div><u> CLOSE 6.73 1/2 Up 15 1/4 CLOSE 6.26 1/4 Up 3 3/4</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.74 0.93 0.86 0.15</u></div>
<div><u>CAD $/bu 4.93 5.12 5.06 6.88</u></div>
<div><u>CAD $/tonne 181.09 188.07 185.74 252.85</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2017 Harvest 2018</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A 0.60 N/A N/A N/A 0.60 N/A</u></div>
<div><u>London 0.74 0.81 0.62 N/A 0.88 0.69 0.62 N/A</u></div>
<div><u>Hensall 0.70 N/A 0.60 N/A 0.90 N/A 0.60 N/A</u></div>
<div><u>Trenton N/A N/A 0.90 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Bruce 0.70 0.60 0.60 0.25 0.90 0.65 0.60 0.35</u></div>
<div><u>Essex N/A N/A 0.50 N/A N/A N/A 0.69 N/A</u></div>
<div><u>Norwich 0.70 N/A 0.60 N/A 0.90 N/A 0.60 N/A</u></div>
<div><u>Port Hope N/A 0.75 0.75 N/A N/A 0.65 0.70 N/A</u></div>
<div><u>Kent Bridge 0.70 N/A 0.60 N/A 0.90 N/A 0.60 N/A</u></div>
<div><u>Chatham N/A N/A 0.60 N/A N/A N/A 0.60 N/A</u></div>
<div><u>Brigden N/A N/A 0.60 N/A N/A N/A 0.60 N/A</u></div>
<div><u>Palmerston N/A 0.60 0.55 0.25 N/A 0.65 0.60 0.35</u></div>
<div><u>Varna 0.90 0.65 0.60 N/A 0.85 0.65 0.60 N/A</u></div>
<div><u>Mitchell 0.70 0.60 0.60 N/A 0.90 0.65 0.60 N/A</u></div>
<div><u>Thornton N/A N/A N/A -0.42 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.80 0.74 -0.10 N/A 1.01 1.01 0.30</u></div>
<div><u>W O Feed 1.15</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia N/A N/A 0.87 N/A N/A N/A N/A N/A</u></div>
<div><u>Prescott N/A N/A N/A N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.24N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.14US 5.24CA 4.77US 6.02CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.80 0.80 0.80 0.26</u></div>
<div><u>CAD $/bu 5.77 5.77 5.77 6.52</u></div>
<div><u>CAD $/tonne 212.00 212.00 212.00 239.75</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 437.18</u></div>
<div><u>DDG's FOB Srn & Aylm 140.00 - 155.00</u></div>
<div><br>
</div>
<div>
<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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153); text-decoration-line: 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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153); text-decoration-line: 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">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><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;
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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p></o:p></span></span></p>
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