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<div style="text-decoration-line: underline;">FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, August 2</div>
<div style="text-decoration-line: underline;">(All Bases in CAD)</div>
<div style="text-decoration-line: underline;">Exchange rate was 1.3011 up 0.0028</div>
<div style="text-decoration-line: underline;">Chicago corn closed slightly higher.</div>
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<div style="text-decoration-line: underline;"> SEP18 HI 3.72 3/4 DEC18 HI 3.87 1/4</div>
<div style="text-decoration-line: underline;"> LOW 3.64 3/4 LOW 3.79 1/4</div>
<div style="text-decoration-line: underline;"> CLOSE3.66 3/4 Up 1 3/4 CLOSE 3.81 1/4 Up 1 3/4</div>
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<div style="text-decoration-line: underline;"> OLD CROP BASIS NEW CROP BASIS</div>
<div style="text-decoration-line: underline;">Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</div>
<div style="text-decoration-line: underline;">ELEVATORS +DEC18+DEC18+DEC18</div>
<div style="text-decoration-line: underline;">CK Low 1.15 4.82 189.66 0.90 4.71 185.52</div>
<div style="text-decoration-line: underline;">CK High 1.15 4.82 189.66 0.95 4.76 187.49</div>
<div style="text-decoration-line: underline;">CK Avg 1.15 0.04 4.82 189.66 0.92 -0.16 4.73 186.18</div>
<div style="text-decoration-line: underline;">Essex Cty 1.15 4.82 189.66 0.95 4.76 187.49</div>
<div style="text-decoration-line: underline;">Mdsx Low 1.15 4.82 189.66 0.90 4.71 185.52</div>
<div style="text-decoration-line: underline;">Mdsx High 1.15 4.82 189.66 0.95 4.76 187.49</div>
<div style="text-decoration-line: underline;">Mdsx Avg 1.15 0.04 4.82 189.66 0.93 -0.15 4.74 186.51</div>
<div style="text-decoration-line: underline;">Hensall 1.15 4.82 189.66 0.95 4.76 187.49</div>
<div style="text-decoration-line: underline;">Bruce 1.15 4.82 189.66 1.00 4.81 189.46</div>
<div style="text-decoration-line: underline;">Putnam 1.15 4.82 189.66 0.90 4.71 185.52</div>
<div style="text-decoration-line: underline;">Burford 1.15 4.82 189.66 0.90 4.71 185.52</div>
<div style="text-decoration-line: underline;">Port Perry 1.15 4.82 189.66 0.90 4.71 185.52</div>
<div style="text-decoration-line: underline;">Norfolk 1.15 4.82 189.66 0.95 4.76 187.49</div>
<div style="text-decoration-line: underline;">Palmerston 1.15 4.82 189.66 0.90 4.71 185.52</div>
<div style="text-decoration-line: underline;">Varna 1.15 4.82 189.66 0.95 4.76 187.49</div>
<div style="text-decoration-line: underline;">Trenton 1.15 4.82 189.66 0.95 4.76 187.49</div>
<div style="text-decoration-line: underline;">Winchester 1.15 4.82 189.66 1.15 4.96 195.36</div>
<div style="text-decoration-line: underline;">North Gower 1.15 4.82 189.66 1.15 4.96 195.36</div>
<div style="text-decoration-line: underline;">Huron FOB 1.40 5.07 199.50 1.00 4.81 189.46</div>
<div style="text-decoration-line: underline;">Kent FOB 1.35 5.02 197.53 0.95 4.76 187.49</div>
<div style="text-decoration-line: underline;">Lamb FOB 1.35 5.02 197.53 0.95 4.76 187.49</div>
<div style="text-decoration-line: underline;">Mdsx FOB 1.30 1.35 1.30N/A 4.97 195.56 0.90 4.71 185.52</div>
<div style="text-decoration-line: underline;">FOB SW Que 1.66 5.33 209.73N/A</div>
<div style="text-decoration-line: underline;">Track 1.53 5.19 204.42N/A</div>
<div style="text-decoration-line: underline;">PROCESSORS</div>
<div style="text-decoration-line: underline;">Chat-Eth N/A N/A 1.60 1.14 1.14 4.95 194.97</div>
<div style="text-decoration-line: underline;">Jhnstwn-Eth N/A N/A N/A N/A N/A</div>
<div style="text-decoration-line: underline;">Aylmer-Eth N/A 1.50 1.55 1.15 1.15 4.96 195.36</div>
<div style="text-decoration-line: underline;">Sarn-Eth 1.35 1.30N/A 1.10 5.02 197.53 1.10 4.91 193.40</div>
<div style="text-decoration-line: underline;">Kawartha N/A N/A N/A N/A N/A</div>
<div style="text-decoration-line: underline;">London-Ing N/A N/A 1.60 1.15 1.15 4.96 195.36</div>
<div style="text-decoration-line: underline;">Pt.Colb-Ing N/A N/A N/A N/A 1.35* 5.16 203.24</div>
<div style="text-decoration-line: underline;">Cardnl-Ing N/A N/A 1.48 1.25 1.25 5.06 199.30</div>
<div style="text-decoration-line: underline;">W O Feed 1.66 5.33 209.89</div>
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<div style="text-decoration-line: underline;">US Rep 1.62 5.29 208.16</div>
<div style="text-decoration-line: underline;">Toledo El. -0.04 3.63 142.85 -0.26 3.55 139.90</div>
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<div style="text-decoration-line: underline;">MID SD CRN 0.92 1/2 4.73 3/4</div>
<div style="text-decoration-line: underline;">HI SD CRN 0.95 4.76 1/4</div>
<div style="text-decoration-line: underline;">*Wet Bid</div>
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<div style="text-decoration-line: underline;">Exchange rate was 1.3011 up 0.0028</div>
<div style="text-decoration-line: underline;">Chicago soybeans closed slightly lower.</div>
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<div style="text-decoration-line: underline;"> NOV18 HI 9.03 1/2 NOV18 HI 9.03 1/2</div>
<div style="text-decoration-line: underline;"> LOW 8.85 1/2 LOW 8.85 1/2</div>
<div style="text-decoration-line: underline;"> CLOSE8.97 1/2 Down 4 1/4 CLOSE 8.97 1/2 Down 4 1/4</div>
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<div style="text-decoration-line: underline;"> OLD CROP NEW CROP</div>
<div style="text-decoration-line: underline;">Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</div>
<div style="text-decoration-line: underline;">ELEVATORS +NOV1+NOV1+NOV18</div>
<div style="text-decoration-line: underline;">CK Low 2.50 11.48 421.632.65 11.63 427.15</div>
<div style="text-decoration-line: underline;">CK High 2.65 11.63 427.152.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">CK Average 2.57 -0.1011.55 424.332.69 0.04 11.67 428.68</div>
<div style="text-decoration-line: underline;">Essex Cty 2.60 11.58 425.312.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">Mdsx Low 2.60 11.58 425.312.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">Mdsx High 2.62 11.60 426.042.73 11.71 430.09</div>
<div style="text-decoration-line: underline;">Mdsx Average 2.61 -0.0711.59 425.682.72 0.06 11.69 429.53</div>
<div style="text-decoration-line: underline;">Hensall 2.60 11.58 425.312.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">Bruce 2.60 11.58 425.312.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">Putnam 2.60 11.58 425.312.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">Burford 2.66 11.64 427.512.77 11.75 431.55</div>
<div style="text-decoration-line: underline;">Port Perry 2.59 11.57 424.942.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">Norfolk 2.60 11.58 425.312.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">Palmerston 2.55 11.53 423.472.65 11.63 427.15</div>
<div style="text-decoration-line: underline;">Varna N/A 2.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">Trenton 2.65 11.63 427.152.65 11.63 427.15</div>
<div style="text-decoration-line: underline;">Winchester 2.55 11.53 423.472.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">North Gower 2.30 11.28 414.292.45 11.43 419.80</div>
<div style="text-decoration-line: underline;">Huron FOB 2.70 11.68 428.982.80 11.78 432.66</div>
<div style="text-decoration-line: underline;">Kent FOB 2.70 11.68 428.982.70 11.68 428.98</div>
<div style="text-decoration-line: underline;">Lambton FOB 2.80 11.78 432.662.75 11.73 430.82</div>
<div style="text-decoration-line: underline;">Middlesex FOB2.66 2.72 2.77 N/A 11.64 427.512.77 11.75 431.55</div>
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<div style="text-decoration-line: underline;">PROCESSORS</div>
<div style="text-decoration-line: underline;">Windsor 2.96 11.94 438.543.09 12.07 443.31</div>
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<div style="text-decoration-line: underline;">TRANSFER</div>
<div style="text-decoration-line: underline;">Hamilton N/A 3.00 11.98 440.01</div>
<div style="text-decoration-line: underline;">Prescott 2.00 10.98 403.262.88 11.86 435.60</div>
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<div style="text-decoration-line: underline;">Toledo El. -0.13 8.84 324.99-0.39 8.59 315.51</div>
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<div style="text-decoration-line: underline;">Exchange rate was 1.3011 up 0.0028</div>
<div style="text-decoration-line: underline;">Chicago wheat closed mixed.</div>
<div style="text-decoration-line: underline;">SEP18 HI 5.93 JUL19 HI 6.17 1/4</div>
<div style="text-decoration-line: underline;"> LOW 5.59 LOW 5.95</div>
<div style="text-decoration-line: underline;"> CLOSE 5.60 1/2 Up 2 1/4 CLOSE 5.97 1/2 Up 3/4</div>
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<div style="text-decoration-line: underline;">Minni wheat closed slightly higher.</div>
<div style="text-decoration-line: underline;">SEP18 HI 6.35 SEP19 HI 6.61</div>
<div style="text-decoration-line: underline;"> LOW 6.06 3/4 LOW 6.45</div>
<div style="text-decoration-line: underline;"> CLOSE 6.10 1/2 Up 2 1/2 CLOSE 6.47 1/4 Up 1 1/2</div>
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<div style="text-decoration-line: underline;">GFO Cash Wheat Prices - DEL Terminal</div>
<div style="text-decoration-line: underline;">Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</div>
<div style="text-decoration-line: underline;">Basis 1.30 1.49 1.43 0.73</div>
<div style="text-decoration-line: underline;">CAD $/bu 6.90 7.10 7.03 6.84</div>
<div style="text-decoration-line: underline;">CAD $/tonne 253.61 260.78 258.39 251.22</div>
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<div style="text-decoration-line: underline;">Direct MarkHarvest 2018 Harvest 2019</div>
<div style="text-decoration-line: underline;"> DELIVERED BASIS DELIVERED BASIS</div>
<div style="text-decoration-line: underline;">Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</div>
<div style="text-decoration-line: underline;">ELEVATORS</div>
<div style="text-decoration-line: underline;">Brgssvll N/A N/A 1.05 N/A N/A N/A 1.05 N/A</div>
<div style="text-decoration-line: underline;">London 1.25 1.44 1.05 N/A 1.35 1.35 1.02 N/A</div>
<div style="text-decoration-line: underline;">Hensall 1.10 N/A 1.05 N/A 1.20 N/A 1.05 N/A</div>
<div style="text-decoration-line: underline;">Trenton N/A N/A 1.05 N/A N/A N/A 1.05 N/A</div>
<div style="text-decoration-line: underline;">Bruce 1.10 1.25 1.05 0.55 1.15 1.20 1.00 0.50</div>
<div style="text-decoration-line: underline;">Essex N/A N/A 1.10 N/A N/A N/A 1.06 N/A</div>
<div style="text-decoration-line: underline;">Norwich 1.10 N/A 1.05 N/A 1.20 N/A 1.05 N/A</div>
<div style="text-decoration-line: underline;">Port Hope N/A 1.20 1.05 N/A N/A 1.20 1.05 N/A</div>
<div style="text-decoration-line: underline;">Kent Bridge 1.10 N/A 1.05 N/A 1.20 N/A 1.05 N/A</div>
<div style="text-decoration-line: underline;">Chatham N/A N/A 1.05 N/A N/A N/A 1.05 N/A</div>
<div style="text-decoration-line: underline;">Brigden N/A N/A 1.05 N/A N/A N/A 1.05 N/A</div>
<div style="text-decoration-line: underline;">Palmerston N/A 1.15 1.05 0.55 N/A 1.10 1.05 N/A</div>
<div style="text-decoration-line: underline;">Varna 1.25 1.30 1.05 N/A 1.15 1.25 1.05 N/A</div>
<div style="text-decoration-line: underline;">Mitchell 1.10 1.20 1.05 N/A 1.20 1.25 1.05 N/A</div>
<div style="text-decoration-line: underline;">Thornton N/A N/A N/A 0.62 N/A N/A N/A N/A</div>
<div style="text-decoration-line: underline;">North Gower N/A 1.43 1.35 0.65 N/A 1.31 1.32 0.45</div>
<div style="text-decoration-line: underline;">W O Feed 1.60</div>
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<div style="text-decoration-line: underline;">PROCESSORS</div>
<div style="text-decoration-line: underline;">Toledo FM N/A N/A 1.95 N/A N/A N/A 1.88 N/A</div>
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<div style="text-decoration-line: underline;">Toledo El. 5.68US 7.38CA 5.83US 7.54CA</div>
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<div style="text-decoration-line: underline;">GFO Contract Wheat Prices - DEL Terminal</div>
<div style="text-decoration-line: underline;">Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</div>
<div style="text-decoration-line: underline;">Basis 1.30 1.37 1.37 0.54</div>
<div style="text-decoration-line: underline;">CAD $/bu 7.28 7.34 7.34 7.02</div>
<div style="text-decoration-line: underline;">CAD $/tonne 267.40 269.77 269.77 257.77</div>
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<div style="text-decoration-line: underline;">(C)-Basis over the Chicago Board of Trade futures</div>
<div style="text-decoration-line: underline;">(M)-Basis over the Minneapolis Grain Exchange</div>
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<div style="text-decoration-line: underline;">FEED GRAINS</div>
<div style="text-decoration-line: underline;">FOB Hm Soymeal 523.39</div>
<div style="text-decoration-line: underline;">DDG's FOB Srn & Aylm 190.00</div>
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<div style=""><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="" id="LPlnk661424" class="OWAAutoLink" previewremoved="true"><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
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