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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, August 22</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2554 down 0.0010</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP17 HI 3.51 DEC17 HI 3.65 1/4</u></div>
<div><u> LOW 3.46 LOW 3.60</u></div>
<div><u> CLOSE3.46 Down 3 CLOSE 3.60 Down 3</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 4.06 159.84 0.65 4.25 167.32</u></div>
<div><u>CK High 0.65 4.11 161.80 0.65 4.25 167.32</u></div>
<div><u>CK Avg 0.63 -0.20 4.09 161.15 0.65 -0.20 4.25 167.32</u></div>
<div><u>Essex Cty 0.60 4.06 159.84 0.65 4.25 167.32</u></div>
<div><u>Mdsx Low 0.65 4.11 161.80 0.65 4.25 167.32</u></div>
<div><u>Mdsx High 0.65 4.11 161.80 0.65 4.25 167.32</u></div>
<div><u>Mdsx Avg 0.65 -0.19 4.11 161.80 0.65 -0.20 4.25 167.32</u></div>
<div><u>Hensall 0.70 4.16 163.77 0.65 4.25 167.32</u></div>
<div><u>Bruce 0.65 4.11 161.80 0.65 4.25 167.32</u></div>
<div><u>Putnam 0.60 4.06 159.84 0.65 4.25 167.32</u></div>
<div><u>Burford 0.70 4.16 163.77 0.75 4.35 171.25</u></div>
<div><u>Port Perry 0.85 4.31 169.68 0.75 4.35 171.25</u></div>
<div><u>Norfolk 0.75 4.21 165.74 0.75 4.35 171.25</u></div>
<div><u>Palmerston 0.60 4.06 159.84 0.65 4.25 167.32</u></div>
<div><u>Varna 0.75 4.21 165.74 0.65 4.25 167.32</u></div>
<div><u>Trenton 1.00 4.46 175.58 0.85 4.45 175.19</u></div>
<div><u>Winchester 1.00 4.46 175.58 1.04 4.64 182.67</u></div>
<div><u>North Gower 1.00 4.46 175.58 1.02 4.62 181.88</u></div>
<div><u>Huron FOB 1.00 4.46 175.58 0.72 4.32 170.07</u></div>
<div><u>Kent FOB 0.85 4.31 169.68 0.70 4.30 169.28</u></div>
<div><u>Lamb FOB 0.80 4.26 167.71 0.65 4.25 167.32</u></div>
<div><u>Mdsx FOB 0.75 0.75N/A N/A 4.21 165.74 0.75 4.35 171.25</u></div>
<div><u>FOB SW Que 1.62 5.08 199.99N/A</u></div>
<div><u>Track 1.15 4.61 181.49N/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 4.40 173.22</u></div>
<div><u>Sarn-Eth 1.00 0.95N/A 0.85 4.46 175.58 0.85 4.45 175.19</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 1.30 1.05 1.05 4.65 183.06</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A 1.00 1.00 4.60 181.09</u></div>
<div><u>Cardnl-Ing N/A N/A 1.46 1.10 1.10 4.70 185.03</u></div>
<div><u>W O Feed 1.40 4.86 191.25</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.36 4.82 189.76</u></div>
<div><u>Toledo El. -0.09 3.37 132.75 -0.28 3.32 130.89</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia N/A 0.65 4.25167 1/3</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.65 4.25</u></div>
<div><u>HI SD CRN 0.65 4.25</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2554 down 0.0010</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV17 HI 9.42 3/4 NOV17 HI 9.42 3/4</u></div>
<div><u> LOW 9.31 1/4 LOW 9.31 1/4</u></div>
<div><u> CLOSE9.37 1/2 Up 1 1/4 CLOSE 9.37 1/2 Up 1 1/4</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 1.85 11.23 412.451.55 10.93 401.43</u></div>
<div><u>CK High 1.95 11.33 416.121.70 11.08 406.94</u></div>
<div><u>CK Average 1.91 -0.3911.28 414.591.61 -0.6010.98 403.51</u></div>
<div><u>Essex Cty 1.95 11.33 416.121.55 10.93 401.43</u></div>
<div><u>Mdsx Low 1.90 11.28 414.291.65 11.03 405.10</u></div>
<div><u>Mdsx High 1.91 11.29 414.651.65 11.03 405.10</u></div>
<div><u>Mdsx Average 1.91 -0.3911.28 414.471.65 -0.5711.03 405.10</u></div>
<div><u>Hensall 1.91 11.28 414.471.68 11.05 406.02</u></div>
<div><u>Bruce 1.90 11.28 414.291.65 11.03 405.10</u></div>
<div><u>Putnam 2.01 11.39 418.331.80 11.18 410.61</u></div>
<div><u>Burford 1.98 11.36 417.221.72 11.10 407.67</u></div>
<div><u>Port Perry 1.91 11.29 414.651.65 11.03 405.10</u></div>
<div><u>Norfolk 1.95 11.33 416.121.65 11.03 405.10</u></div>
<div><u>Palmerston 1.80 11.18 410.611.65 11.03 405.10</u></div>
<div><u>Varna 1.91 11.29 414.651.75 11.13 408.77</u></div>
<div><u>Trenton 1.95 11.33 416.121.80 11.18 410.61</u></div>
<div><u>Winchester 1.69 11.07 406.571.66 11.04 405.47</u></div>
<div><u>North Gower 1.71 11.09 407.302.00 11.38 417.96</u></div>
<div><u>Huron FOB 2.05 11.43 419.801.80 11.18 410.61</u></div>
<div><u>Kent FOB 2.00 11.38 417.961.60 10.98 403.26</u></div>
<div><u>Lambton FOB 2.05 11.43 419.801.75 11.13 408.77</u></div>
<div><u>Middlesex FOB2.08 2.08 N/A N/A 11.46 420.901.82 11.20 411.35</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 2.45 2.25 2.12 2.17 11.83 434.492.20 11.58 425.31</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.00 11.38 417.962.11 11.49 422.00</u></div>
<div><u>Sarnia 2.22 11.60 426.042.10 11.48 421.63</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.28 9.10 334.32-0.64 8.74 321.02</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2554 down 0.0010</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>SEP17 HI 4.13 JUL18 HI 4.91</u></div>
<div><u> LOW 4.02 LOW 4.81</u></div>
<div><u> CLOSE 4.02 1/4 Down 7 1/4 CLOSE 4.81 1/2 Down 6 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed mixed.</u></div>
<div><u>SEP17 HI 6.61 3/4 SEP18 HI 6.27 1/4</u></div>
<div><u> LOW 6.40 LOW 6.24</u></div>
<div><u> CLOSE 6.41 Down 14 CLOSE 6.25 3/4 Up 1 1/2</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 0.65 0.84 0.78 0.19</u></div>
<div><u>CAD $/bu 4.67 4.86 4.80 6.60</u></div>
<div><u>CAD $/tonne 171.71 178.63 176.33 242.64</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 0.55 N/A N/A N/A 0.60 N/A</u></div>
<div><u>London 0.61 0.74 0.55 N/A 0.87 0.68 0.62 N/A</u></div>
<div><u>Hensall 0.60 N/A 0.55 N/A 0.85 N/A 0.60 N/A</u></div>
<div><u>Trenton N/A N/A 0.85 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Bruce 0.70 0.60 0.55 0.25 0.90 0.65 0.60 0.35</u></div>
<div><u>Essex N/A N/A 0.49 N/A N/A N/A 0.67 N/A</u></div>
<div><u>Norwich 0.60 N/A 0.55 N/A 0.85 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 0.60 N/A 0.55 N/A 0.85 N/A 0.60 N/A</u></div>
<div><u>Chatham N/A N/A 0.55 N/A N/A N/A 0.60 N/A</u></div>
<div><u>Brigden N/A N/A 0.55 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 0.85 0.65 0.55 N/A 0.85 0.65 0.60 N/A</u></div>
<div><u>Mitchell 0.60 0.60 0.55 N/A 0.85 0.65 0.60 N/A</u></div>
<div><u>Thornton N/A N/A N/A -0.39 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.88 0.82 0.27 N/A 0.90 0.90 0.21</u></div>
<div><u>W O Feed 1.13</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia N/A N/A 0.81 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 1.22N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 3.97US 4.99CA 4.62US 5.78CA</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 0.71 0.71 0.71 0.20</u></div>
<div><u>CAD $/bu 5.53 5.53 5.53 6.45</u></div>
<div><u>CAD $/tonne 203.03 203.03 203.03 237.18</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 442.37</u></div>
<div><u>DDG's FOB Srn & Aylm 140.00 - 145.00</u></div>
<div><u><br>
</u></div>
<div><u></u>
<p class="MsoNormal" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><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" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1500</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1530</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
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<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
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