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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, August 16</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3153 up 0.0020</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP18 HI 3.67 1/2 DEC18 HI 3.82</u></div>
<div><u> LOW 3.60 1/2 LOW 3.75</u></div>
<div><u> CLOSE3.65 1/4 Up 3 3/4 CLOSE 3.79 3/4 Up 3 3/4</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 1.20 4.85 191.03 0.90 4.70 184.93</u></div>
<div><u>CK High 1.25 4.90 193.00 1.00 4.80 188.87</u></div>
<div><u>CK Avg 1.23 0.06 4.89 192.35 0.95 -0.22 4.75 186.90</u></div>
<div><u>Essex Cty 1.20 4.85 191.03 0.95 4.75 186.90</u></div>
<div><u>Mdsx Low 1.20 4.85 191.03 0.95 4.75 186.90</u></div>
<div><u>Mdsx High 1.25 4.90 193.00 0.95 4.75 186.90</u></div>
<div><u>Mdsx Avg 1.23 0.06 4.88 192.02 0.95 -0.22 4.75 186.90</u></div>
<div><u>Hensall 1.23 4.88 192.02 0.95 4.75 186.90</u></div>
<div><u>Bruce 1.20 4.85 191.03 0.95 4.75 186.90</u></div>
<div><u>Putnam 1.20 4.85 191.03 0.95 4.75 186.90</u></div>
<div><u>Burford 1.25 4.90 193.00 0.95 4.75 186.90</u></div>
<div><u>Port Perry 1.25 4.90 193.00 0.95 4.75 186.90</u></div>
<div><u>Norfolk 1.25 4.90 193.00 0.95 4.75 186.90</u></div>
<div><u>Palmerston 1.25 4.90 193.00 0.90 4.70 184.93</u></div>
<div><u>Varna 1.25 4.90 193.00 0.95 4.75 186.90</u></div>
<div><u>Trenton 1.30 4.95 194.97 1.00 4.80 188.87</u></div>
<div><u>Winchester 1.20 4.85 191.03 1.20 5.00 196.74</u></div>
<div><u>North Gower 1.20 4.85 191.03 0.95 4.75 186.90</u></div>
<div><u>Huron FOB 1.45 5.10 200.88 1.03 4.83 190.05</u></div>
<div><u>Kent FOB 1.45 5.10 200.88 0.97 4.77 187.69</u></div>
<div><u>Lamb FOB 1.45 5.10 200.88 1.00 4.80 188.87</u></div>
<div><u>Mdsx FOB 1.45 1.40N/A N/A 5.10 200.88 1.05 4.85 190.84</u></div>
<div><u>FOB SW Que 1.78 5.43 213.87N/A</u></div>
<div><u>Track 1.50 5.15 202.84N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.76N/A 1.27 5.07 199.50</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A 1.55 1.60 1.20 1.20 5.00 196.74</u></div>
<div><u>Sarn-Eth N/A 1.30N/A 1.10 1.10 4.90 192.81</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 1.70 1.25 1.25 5.05 198.71</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.40* 5.20 204.62</u></div>
<div><u>Cardnl-Ing N/A N/A 1.70 1.35 1.35 5.15 202.65</u></div>
<div><u>W O Feed 1.67 5.32 209.54</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.64 5.29 208.36</u></div>
<div><u>Toledo El. -0.04 3.61 142.24 -0.27 3.53 139.05</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.95 4.74 3/4</u></div>
<div><u>HI SD CRN 1.00 4.79 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3153 up 0.0020</u></div>
<div><u>Chicago soybeans closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV18 HI 8.99 1/2 NOV18 HI 8.99 1/2</u></div>
<div><u> LOW 8.66 LOW 8.66</u></div>
<div><u> CLOSE8.97 Up 28 CLOSE 8.97 Up 28</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 2.55 11.52 423.292.70 11.67 428.80</u></div>
<div><u>CK High 2.66 11.63 427.332.77 11.74 431.37</u></div>
<div><u>CK Average 2.60 -0.1711.57 425.192.75 -0.1511.72 430.45</u></div>
<div><u>Essex Cty 2.60 11.57 425.122.70 11.67 428.80</u></div>
<div><u>Mdsx Low 2.65 11.62 426.962.75 11.72 430.64</u></div>
<div><u>Mdsx High 2.69 11.66 428.432.80 11.77 432.47</u></div>
<div><u>Mdsx Average 2.67 -0.1211.64 427.702.78 -0.1311.75 431.55</u></div>
<div><u>Hensall 2.65 11.62 426.962.75 11.72 430.64</u></div>
<div><u>Bruce 2.55 11.52 423.292.70 11.67 428.80</u></div>
<div><u>Putnam 2.60 11.57 425.122.75 11.72 430.64</u></div>
<div><u>Burford 2.73 11.70 429.902.84 11.81 433.94</u></div>
<div><u>Port Perry 2.66 11.63 427.332.77 11.74 431.37</u></div>
<div><u>Norfolk 2.60 11.57 425.122.75 11.72 430.64</u></div>
<div><u>Palmerston 2.55 11.52 423.292.70 11.67 428.80</u></div>
<div><u>Varna N/A 2.75 11.72 430.64</u></div>
<div><u>Trenton N/A 2.75 11.72 430.64</u></div>
<div><u>Winchester 2.54 11.51 422.922.76 11.73 431.00</u></div>
<div><u>North Gower 2.39 11.36 417.412.65 11.62 426.96</u></div>
<div><u>Huron FOB 2.75 11.72 430.642.85 11.82 434.31</u></div>
<div><u>Kent FOB 2.60 11.57 425.122.70 11.67 428.80</u></div>
<div><u>Lambton FOB 3.00 11.97 439.823.05 12.02 441.66</u></div>
<div><u>Middlesex FOB2.86 2.89 N/A N/A 11.83 434.682.89 11.86 435.78</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.09 12.06 443.133.09 12.06 443.13</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 3.05 12.02 441.66</u></div>
<div><u>Prescott 2.09 11.06 406.392.88 11.85 435.41</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.13 8.84 324.76-0.40 8.57 314.95</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3153 up 0.0020</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>SEP18 HI 5.47 3/4 JUL19 HI 5.94 1/4</u></div>
<div><u> LOW 5.31 LOW 5.78</u></div>
<div><u> CLOSE 5.42 1/4 Up 10 CLOSE 5.88 1/2 Up 9 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed higher.</u></div>
<div><u>SEP18 HI 5.98 1/4 SEP19 HI 6.42</u></div>
<div><u> LOW 5.82 1/2 LOW 6.32 3/4</u></div>
<div><u> CLOSE 5.96 1/4 Up 12 3/4 CLOSE 6.41 1/4 Up 11 3/4</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 1.31 1.51 1.38 0.76</u></div>
<div><u>CAD $/bu 6.74 6.93 6.80 6.72</u></div>
<div><u>CAD $/tonne 247.56 254.81 249.98 247.08</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 1.00 N/A N/A N/A 1.00 N/A</u></div>
<div><u>London 1.02 1.43 1.03 N/A 1.35 N/A 1.02 N/A</u></div>
<div><u>Hensall 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A</u></div>
<div><u>Trenton N/A N/A 0.95 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 1.05 1.25 1.00 0.60 1.10 1.20 1.00 0.60</u></div>
<div><u>Essex N/A N/A 1.10 N/A N/A N/A 1.07 N/A</u></div>
<div><u>Norwich 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A</u></div>
<div><u>Port Hope N/A 1.20 1.00 N/A N/A 1.20 1.00 N/A</u></div>
<div><u>Kent Bridge 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A</u></div>
<div><u>Chatham N/A N/A 1.00 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Brigden N/A N/A 1.00 N/A N/A N/A 1.00 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 1.20 1.25 1.00 N/A 1.10 1.20 1.00 N/A</u></div>
<div><u>Mitchell 1.10 1.20 1.00 N/A 1.20 1.25 1.00 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.57 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.40 1.30 0.70 N/A 1.27 1.27 0.50</u></div>
<div><u>W O Feed 1.62</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 1.97 N/A N/A N/A 2.06 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.47US 7.20CA 5.74US 7.62CA</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 1.47 1.53 1.53 0.71</u></div>
<div><u>CAD $/bu 7.35 7.42 7.42 7.12</u></div>
<div><u>CAD $/tonne 270.07 272.51 272.51 261.65</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 522.06</u></div>
<div><u>DDG's FOB Srn & Aylm 180.00 - 195.00</u></div>
<div><u><br>
</u></div>
<u><br>
</u>
<p></p>
<p style="margin-top:0;margin-bottom:0"><u></p>
<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="LPlnk186126" class="OWAAutoLink"><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%;
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>
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