FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, August 27 (All Bases in CAD) Exchange rate was 1.2963 down 0.0063 Chicago corn closed slightly lower. SEP18 HI 3.48 3/4 DEC18 HI 3.63 1/4 LOW 3.43 LOW 3.57 1/2 CLOSE3.46 3/4 Down 1 3/4 CLOSE 3.61 1/2 Down 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC18+DEC18+DEC18 CK Low 1.20 4.67 183.75 0.90 4.52 177.75 CK High 1.25 4.72 185.72 0.95 4.57 179.72 CK Avg 1.23 0.15 4.69 184.74 0.93 -0.11 4.54 178.73 Essex Cty 1.25 4.72 185.72 0.95 4.57 179.72 Mdsx Low 1.20 4.67 183.75 0.90 4.52 177.75 Mdsx High 1.20 4.67 183.75 0.90 4.52 177.75 Mdsx Avg 1.20 0.13 4.67 183.75 0.90 -0.13 4.52 177.75 Hensall 1.23 4.69 184.74 0.93 4.54 178.73 Bruce 1.25 4.72 185.72 0.95 4.57 179.72 Putnam 1.20 4.67 183.75 0.90 4.52 177.75 Burford 1.20 4.67 183.75 0.95 4.57 179.72 Port Perry 1.25 4.72 185.72 0.95 4.57 179.72 Norfolk 1.25 4.72 185.72 0.95 4.57 179.72 Palmerston 1.25 4.72 185.72 0.90 4.52 177.75 Varna 1.25 4.72 185.72 0.95 4.57 179.72 Trenton 1.30 4.77 187.69 1.00 4.62 181.68 Winchester 1.20 4.67 183.75 1.20 4.82 189.56 North Gower 1.20 4.67 183.75 1.25 4.87 191.53 Huron FOB 1.40 4.87 191.63 1.01 4.63 182.08 Kent FOB 1.45 4.92 193.59 0.97 4.59 180.50 Lamb FOB 1.45 4.92 193.59 1.00 4.62 181.68 Mdsx FOB 1.45N/A N/A N/A 4.92 193.59 1.05 4.67 183.65 FOB SW Que 1.96 5.43 213.67N/A Track 1.48 4.94 194.58N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A 1.50 1.20 1.20 4.82 189.56 Sarn-Eth N/A 1.30N/A 1.10 1.10 4.72 185.62 Kawartha N/A N/A N/A N/A N/A London-Ing N/A N/A 1.60 1.25 1.25 4.87 191.53 Pt.Colb-Ing N/A N/A N/A N/A 1.45* 5.07 199.40 Cardnl-Ing N/A N/A 1.60 1.35 1.35 4.97 195.46 W O Feed 1.80 5.27 207.37 US Rep 1.58 5.05 198.71 Toledo El. -0.13 3.34 131.41 -0.32 3.29 129.58 MID SD CRN 0.92 1/2 4.54 HI SD CRN 0.95 4.56 1/2 *Wet Bid Exchange rate was 1.2963 down 0.0063 Chicago soybeans closed slightly lower. NOV18 HI 8.53 1/2 NOV18 HI 8.53 1/2 LOW 8.38 1/4 LOW 8.38 1/4 CLOSE8.48 1/4 Down 7 CLOSE 8.48 1/4 Down 7 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV18 CK Low 2.30 10.78 396.192.54 11.02 405.01 CK High 2.55 11.03 405.372.70 11.18 410.89 CK Average 2.40 -0.0910.89 399.992.57 0.06 11.06 406.23 Essex Cty 2.35 10.83 398.032.55 11.03 405.37 Mdsx Low 2.40 10.88 399.862.55 11.03 405.37 Mdsx High 2.45 10.93 401.702.57 11.05 406.11 Mdsx Average 2.43 -0.0710.91 400.782.56 0.05 11.04 405.74 Hensall 2.40 10.88 399.862.55 11.03 405.37 Bruce 2.40 10.88 399.862.55 11.03 405.37 Putnam 2.60 11.08 407.212.70 11.18 410.89 Burford 2.49 10.97 403.172.61 11.09 407.58 Port Perry 2.42 10.90 400.602.54 11.02 405.01 Norfolk 2.35 10.83 398.032.55 11.03 405.37 Palmerston 2.55 11.03 405.372.70 11.18 410.89 Varna N/A 2.65 11.13 409.05 Trenton N/A 2.55 11.03 405.37 Winchester 2.32 10.80 396.922.55 11.03 405.37 North Gower 2.27 10.75 395.092.70 11.18 410.89 Huron FOB 2.50 10.98 403.542.65 11.13 409.05 Kent FOB 2.40 10.88 399.862.55 11.03 405.37 Lambton FOB 2.75 11.23 412.722.85 11.33 416.40 Middlesex FOB2.62 2.62 2.65 2.78 11.10 407.952.65 11.13 409.05 PROCESSORS Windsor 2.97 11.45 420.812.90 11.38 418.24 TRANSFER Hamilton N/A 2.85 11.33 416.40 Prescott 2.09 10.57 388.472.88 11.36 417.50 Toledo El. -0.58 7.90 290.24-0.58 7.90 290.29 Exchange rate was 1.2963 down 0.0063 Chicago wheat closed moderately lower to lower. SEP18 HI 5.13 3/4 JUL19 HI 5.65 LOW 4.99 LOW 5.53 1/2 CLOSE 4.99 1/4 Down 15 1/2 CLOSE 5.54 1/2 Down 11 3/4 Minni wheat closed slightly lower to lower. SEP18 HI 5.72 SEP19 HI 6.22 LOW 5.56 LOW 6.18 1/2 CLOSE 5.56 3/4 Down 16 CLOSE 6.18 1/2 Down 3 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.09 1.29 1.09 0.55 CAD $/bu 6.08 6.28 6.08 6.12 CAD $/tonne 223.52 230.66 223.52 224.71 Direct MarkHarvest 2018 Harvest 2019 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 1.00 N/A N/A N/A 1.00 N/A London 1.06 1.26 0.93 N/A 1.24 1.24 0.91 N/A Hensall 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A Trenton N/A N/A 0.95 N/A N/A N/A 0.95 N/A Bruce 1.05 1.35 1.00 0.60 1.10 1.25 1.00 0.60 Essex N/A N/A 1.10 N/A N/A N/A 0.95 N/A Norwich 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A Port Hope N/A 1.20 1.00 N/A N/A 1.20 1.00 N/A Kent Bridge 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A Chatham N/A N/A 0.95 N/A N/A N/A 0.95 N/A Brigden N/A N/A 0.95 N/A N/A N/A 0.95 N/A Palmerston N/A 1.15 1.05 0.55 N/A 1.10 1.05 N/A Varna 1.20 1.35 1.00 N/A 1.10 1.25 1.00 N/A Mitchell 1.10 1.20 1.00 N/A 1.20 1.25 1.00 N/A Thornton N/A N/A N/A 0.36 N/A N/A N/A N/A North Gower N/A 1.20 1.05 0.55 N/A 1.13 1.08 0.42 W O Feed 1.67 PROCESSORS Toledo FM N/A N/A 1.71 N/A N/A N/A 1.76 N/A Toledo El. 5.07US 6.58CA 5.40US 6.98CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.18 1.24 1.18 0.46 CAD $/bu 6.72 6.79 6.72 6.64 CAD $/tonne 246.97 249.35 246.97 244.12 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 483.15 DDG's FOB Srn & Aylm 200.00