<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 3</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2974 down 0.0037</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP18 HI 3.71 1/4 DEC18 HI 3.85 3/4</u></div>
<div><u> LOW 3.64 3/4 LOW 3.79</u></div>
<div><u> CLOSE3.69 3/4 Up 3 CLOSE 3.84 1/4 Up 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 +DEC18+DEC18+DEC18</u></div>
<div><u>CK Low 1.15 4.85 190.84 0.90 4.74 186.70</u></div>
<div><u>CK High 1.20 4.90 192.81 0.95 4.79 188.67</u></div>
<div><u>CK Avg 1.16 0.05 4.86 191.17 0.94 -0.14 4.78 188.34</u></div>
<div><u>Essex Cty 1.20 4.90 192.81 0.95 4.79 188.67</u></div>
<div><u>Mdsx Low 1.15 4.85 190.84 0.95 4.79 188.67</u></div>
<div><u>Mdsx High 1.15 4.85 190.84 0.95 4.79 188.67</u></div>
<div><u>Mdsx Avg 1.15 0.04 4.85 190.84 0.95 -0.13 4.79 188.67</u></div>
<div><u>Hensall 1.18 4.87 191.82 0.98 4.82 189.66</u></div>
<div><u>Bruce 1.20 4.90 192.81 1.00 4.84 190.64</u></div>
<div><u>Putnam 1.15 4.85 190.84 0.90 4.74 186.70</u></div>
<div><u>Burford 1.15 4.85 190.84 0.95 4.79 188.67</u></div>
<div><u>Port Perry 1.15 4.85 190.84 0.95 4.79 188.67</u></div>
<div><u>Norfolk 1.20 4.90 192.81 0.95 4.79 188.67</u></div>
<div><u>Palmerston 1.15 4.85 190.84 0.90 4.74 186.70</u></div>
<div><u>Varna 1.20 4.90 192.81 1.00 4.84 190.64</u></div>
<div><u>Trenton 1.15 4.85 190.84 0.95 4.79 188.67</u></div>
<div><u>Winchester 1.15 4.85 190.84 1.15 4.99 196.55</u></div>
<div><u>North Gower 1.15 4.85 190.84 1.15 4.99 196.55</u></div>
<div><u>Huron FOB 1.37 5.07 199.50 1.00 4.84 190.64</u></div>
<div><u>Kent FOB 1.40 5.10 200.68 0.95 4.79 188.67</u></div>
<div><u>Lamb FOB 1.35 5.05 198.71 0.95 4.79 188.67</u></div>
<div><u>Mdsx FOB 1.30 1.35N/A N/A 5.00 196.74 0.90 4.74 186.70</u></div>
<div><u>FOB SW Que 1.61 5.31 208.95N/A</u></div>
<div><u>Track 1.53 5.22 205.60N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.60 1.14 1.14 4.98 196.15</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A 1.50 1.55 1.15 1.15 4.99 196.55</u></div>
<div><u>Sarn-Eth 1.35 1.30N/A 1.10 5.05 198.71 1.10 4.94 194.58</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 1.60 1.15 1.15 4.99 196.55</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.35* 5.19 204.42</u></div>
<div><u>Cardnl-Ing N/A N/A 1.48 1.25 1.25 5.09 200.48</u></div>
<div><u>W O Feed 1.66 5.36 211.07</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.63 5.33 209.73</u></div>
<div><u>Toledo El. -0.04 3.66 144.03 -0.26 3.58 141.10</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.92 1/2 4.76 3/4</u></div>
<div><u>HI SD CRN 0.95 4.79 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2974 down 0.0037</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV18 HI 9.04 1/4 NOV18 HI 9.04 1/4</u></div>
<div><u> LOW 8.83 1/2 LOW 8.83 1/2</u></div>
<div><u> CLOSE9.02 1/4 Up 4 3/4 CLOSE 9.02 1/4 Up 4 3/4</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+NOV18</u></div>
<div><u>CK Low 2.45 11.47 421.542.60 11.62 427.05</u></div>
<div><u>CK High 2.65 11.67 428.892.70 11.72 430.73</u></div>
<div><u>CK Average 2.54 -0.1111.56 424.732.67 0.03 11.69 429.63</u></div>
<div><u>Essex Cty 2.50 11.52 423.382.60 11.62 427.05</u></div>
<div><u>Mdsx Low 2.52 11.54 424.112.70 11.72 430.73</u></div>
<div><u>Mdsx High 2.60 11.62 427.052.70 11.72 430.73</u></div>
<div><u>Mdsx Average 2.56 -0.1011.58 425.582.70 0.05 11.72 430.73</u></div>
<div><u>Hensall 2.58 11.60 426.142.68 11.70 429.81</u></div>
<div><u>Bruce 2.44 11.46 421.172.65 11.67 428.89</u></div>
<div><u>Putnam 2.60 11.62 427.052.70 11.72 430.73</u></div>
<div><u>Burford 2.56 11.58 425.582.74 11.76 432.20</u></div>
<div><u>Port Perry 2.49 11.51 423.012.67 11.69 429.63</u></div>
<div><u>Norfolk 2.50 11.52 423.382.60 11.62 427.05</u></div>
<div><u>Palmerston 2.54 11.56 424.852.65 11.67 428.89</u></div>
<div><u>Varna N/A 2.65 11.67 428.89</u></div>
<div><u>Trenton N/A 2.70 11.72 430.73</u></div>
<div><u>Winchester 2.54 11.56 424.852.70 11.72 430.73</u></div>
<div><u>North Gower 2.34 11.36 417.502.80 11.82 434.40</u></div>
<div><u>Huron FOB 2.65 11.67 428.892.75 11.77 432.57</u></div>
<div><u>Kent FOB 2.55 11.57 425.222.60 11.62 427.05</u></div>
<div><u>Lambton FOB 2.80 11.82 434.402.75 11.77 432.57</u></div>
<div><u>Middlesex FOB2.69 2.69 2.74 N/A 11.71 430.362.74 11.76 432.20</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.95 11.97 439.913.08 12.10 444.69</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 3.00 12.02 441.75</u></div>
<div><u>Prescott 1.99 11.01 404.642.88 11.90 437.34</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.13 8.89 326.75-0.39 8.63 317.28</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2974 down 0.0037</u></div>
<div><u>Chicago wheat closed mixed.</u></div>
<div><u>SEP18 HI 5.67 3/4 JUL19 HI 6.05</u></div>
<div><u> LOW 5.54 LOW 5.94</u></div>
<div><u> CLOSE 5.56 1/4 Down 4 1/4 CLOSE 5.97 3/4 Up 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>SEP18 HI 6.19 1/4 SEP19 HI 6.53</u></div>
<div><u> LOW 6.08 LOW 6.45 1/2</u></div>
<div><u> CLOSE 6.12 3/4 Up 2 1/4 CLOSE 6.48 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 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.27 1.46 1.40 0.72</u></div>
<div><u>CAD $/bu 6.83 7.02 6.96 6.85</u></div>
<div><u>CAD $/tonne 250.88 258.03 255.64 251.59</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2018 Harvest 2019</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 1.05 N/A N/A N/A 1.05 N/A</u></div>
<div><u>London 1.18 1.38 0.99 N/A 1.33 1.33 1.01 N/A</u></div>
<div><u>Hensall 1.10 N/A 1.05 N/A 1.20 N/A 1.05 N/A</u></div>
<div><u>Trenton N/A N/A 1.05 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 1.10 1.30 1.05 0.55 1.15 1.25 1.05 0.50</u></div>
<div><u>Essex N/A N/A 1.10 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich 1.10 N/A 1.05 N/A 1.20 N/A 1.05 N/A</u></div>
<div><u>Port Hope N/A 1.20 1.05 N/A N/A 1.20 1.05 N/A</u></div>
<div><u>Kent Bridge 1.10 N/A 1.05 N/A 1.20 N/A 1.05 N/A</u></div>
<div><u>Chatham N/A N/A 1.05 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.05 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.15 1.05 0.55 N/A 1.10 1.05 N/A</u></div>
<div><u>Varna 1.25 1.30 1.05 N/A 1.15 1.25 1.05 N/A</u></div>
<div><u>Mitchell 1.10 1.20 1.05 N/A 1.20 1.25 1.05 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.48 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.43 1.38 0.70 N/A 1.32 1.37 0.45</u></div>
<div><u>W O Feed 1.60</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.91 N/A N/A N/A 1.87 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.63US 7.31CA 5.83US 7.53CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.29 1.36 1.36 0.54</u></div>
<div><u>CAD $/bu 7.27 7.33 7.33 7.02</u></div>
<div><u>CAD $/tonne 267.12 269.49 269.49 258.10</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 523.06</u></div>
<div><u>DDG's FOB Srn & Aylm 190.00</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" id="LPlnk491312" class="OWAAutoLink" previewremoved="true"><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" id="LPlnk967711" class="OWAAutoLink" previewremoved="true"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
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;
background:#FDFDFD"> to
unsubscribe from this report.</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<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>
<br>
</div>
<p></p>
</div>
</body>
</html>