<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 Tue, July 23</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3122 up 0.0026</u></div>
<div><u>Chicago corn closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP19 HI 4.26 1/2 DEC19 HI 4.32 3/4</u></div>
<div><u> LOW 4.18 1/4 LOW 4.24</u></div>
<div><u> CLOSE4.25 1/2 Up 3 1/4 CLOSE 4.31 1/2 Up 4 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 +SEP19+DEC19+DEC19</u></div>
<div><u>CK Low 1.80 6.06 238.37 1.25 5.57 219.08</u></div>
<div><u>CK High 1.95 6.21 244.28 1.25 5.57 219.08</u></div>
<div><u>CK Avg 1.84 0.39 6.10 240.02 1.25 -0.06 5.57 219.08</u></div>
<div><u>Essex Cty 1.95 6.21 244.28 1.25 5.57 219.08</u></div>
<div><u>Mdsx Low 1.80 6.06 238.37 1.25 5.57 219.08</u></div>
<div><u>Mdsx High 1.80 6.06 238.37 1.25 5.57 219.08</u></div>
<div><u>Mdsx Avg 1.80 0.36 6.06 238.37 1.25 -0.06 5.57 219.08</u></div>
<div><u>Hensall 1.83 6.08 239.36 1.28 5.59 220.07</u></div>
<div><u>Bruce 1.80 6.06 238.37 1.25 5.57 219.08</u></div>
<div><u>Putnam 1.80 6.06 238.37 1.25 5.57 219.08</u></div>
<div><u>Burford 1.80 6.06 238.37 1.25 5.57 219.08</u></div>
<div><u>Port Perry 1.80 6.06 238.37 1.20 5.52 217.12</u></div>
<div><u>Norfolk 1.95 6.21 244.28 1.25 5.57 219.08</u></div>
<div><u>Palmerston 1.70 5.96 234.44 1.30 5.62 221.05</u></div>
<div><u>Varna 1.80 6.06 238.37 1.25 5.57 219.08</u></div>
<div><u>Trenton 1.80 6.06 238.37 1.25 5.57 219.08</u></div>
<div><u>Winchester N/A 1.21 5.53 217.51</u></div>
<div><u>North Gower 1.40 5.66 222.63 1.40 5.72 224.99</u></div>
<div><u>Huron FOB 1.98 6.24 245.46 1.37 5.69 223.81</u></div>
<div><u>Kent FOB 2.10 6.36 250.19 1.30 5.62 221.05</u></div>
<div><u>Lamb FOB 2.00 6.26 246.25 1.30 5.62 221.05</u></div>
<div><u>Mdsx FOB 2.05 2.05N/A N/A 6.31 248.22 1.30 5.62 221.05</u></div>
<div><u>FOB SW Que 2.58 6.84 269.08N/A</u></div>
<div><u>Track 2.15 6.41 252.15N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 2.33 2.34 2.34 1.52 5.84 229.71</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A 2.30 2.30 2.30 1.50 5.82 228.93</u></div>
<div><u>Sarn-Eth N/A N/A 2.00 2.00 N/A</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 N/A 2.40 N/A</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.60 5.92 232.86</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 1.55 1.50 5.82 228.93</u></div>
<div><u>W O Feed 2.35 6.60 259.95</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.25 6.51 256.09</u></div>
<div><u>Toledo El. 0.50 4.75 187.14 0.20 4.51 177.60</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Port ColbornN/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.25 5.56 1/2</u></div>
<div><u>HI SD CRN 1.25 5.56 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3122 up 0.0026</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> AUG19 HI 8.92 1/2 NOV19 HI 9.10 1/4</u></div>
<div><u> LOW 8.81 LOW 8.98 3/4</u></div>
<div><u> CLOSE8.85 3/4 Down 2 1/2 CLOSE 9.03 3/4 Down 2</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 +AUG1+NOV1+NOV19</u></div>
<div><u>CK Low 2.20 11.06 406.292.00 11.04 405.56</u></div>
<div><u>CK High 2.25 11.11 408.132.00 11.04 405.56</u></div>
<div><u>CK Average 2.23 -0.4111.08 407.212.00 -0.6011.04 405.56</u></div>
<div><u>Essex Cty 2.35 11.21 411.812.00 11.04 405.56</u></div>
<div><u>Mdsx Low 2.15 11.01 404.461.95 10.99 403.72</u></div>
<div><u>Mdsx High 2.25 11.11 408.132.00 11.04 405.56</u></div>
<div><u>Mdsx Average 2.20 -0.4311.06 406.291.98 -0.6211.01 404.64</u></div>
<div><u>Hensall 2.25 11.11 408.132.00 11.04 405.56</u></div>
<div><u>Bruce 2.20 11.06 406.291.95 10.99 403.72</u></div>
<div><u>Putnam 2.25 11.11 408.132.00 11.04 405.56</u></div>
<div><u>Burford 2.20 11.06 406.292.00 11.04 405.56</u></div>
<div><u>Port Perry 2.17 11.03 405.191.97 11.01 404.46</u></div>
<div><u>Norfolk 2.25 11.11 408.132.00 11.04 405.56</u></div>
<div><u>Palmerston 2.20 11.06 406.292.05 11.09 407.40</u></div>
<div><u>Varna 2.20 11.06 406.291.95 10.99 403.72</u></div>
<div><u>Trenton 2.10 10.96 402.621.90 10.94 401.88</u></div>
<div><u>Winchester N/A 1.93 10.97 402.99</u></div>
<div><u>North Gower 2.00 10.86 398.942.05 11.09 407.40</u></div>
<div><u>Huron FOB 2.35 11.21 411.812.10 11.14 409.23</u></div>
<div><u>Kent FOB 2.45 11.31 415.482.00 11.04 405.56</u></div>
<div><u>Lambton FOB 2.30 11.16 409.972.10 11.14 409.23</u></div>
<div><u>Middlesex FOB2.46 2.46 2.35 N/A 11.32 415.852.19 11.23 412.54</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.77 11.63 427.242.37 11.41 419.15</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.75 11.61 426.502.45 11.49 422.09</u></div>
<div><u>Prescott N/A 2.45 11.49 422.09</u></div>
<div><u>Port Colborne N/A 2.40 11.44 420.26</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 8.79 323.05-0.52 8.51 312.84</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3122 up 0.0026</u></div>
<div><u>Chicago wheat closed slightly lower to steady.</u></div>
<div><u>SEP19 HI 4.93 1/2 JUL10 HI 5.25 1/2</u></div>
<div><u> LOW 4.83 1/4 LOW 5.17</u></div>
<div><u> CLOSE 4.87 1/4 Unchanged CLOSE 5.19 3/4 Down 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower to steady.</u></div>
<div><u>SEP19 HI 5.27 1/4 SEP10 HI 5.75 1/2</u></div>
<div><u> LOW 5.20 1/4 LOW 5.75 1/4</u></div>
<div><u> CLOSE 5.20 1/2 Down 3/4 CLOSE 5.75 1/2 Unchanged</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 1.98 2.24 1.91 1.23</u></div>
<div><u>CAD $/bu 6.85 7.12 6.79 6.44</u></div>
<div><u>CAD $/tonne 251.80 261.44 249.39 236.49</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2019 Harvest 2020</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 1.60 N/A N/A N/A 1.15 N/A</u></div>
<div><u>London 1.66 1.92 1.53 N/A 1.31 1.44 1.11 N/A</u></div>
<div><u>Hensall 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A</u></div>
<div><u>Trenton N/A N/A 1.60 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Bruce 1.65 1.95 1.60 1.20 1.35 1.50 1.15 N/A</u></div>
<div><u>Essex N/A N/A 1.50 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Norwich 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A</u></div>
<div><u>Port Hope N/A 1.90 1.65 N/A N/A 1.50 1.15 N/A</u></div>
<div><u>Kent Bridge 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A</u></div>
<div><u>Chatham N/A N/A 1.60 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.60 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A 1.90 1.60 1.20 N/A 1.58 1.23 N/A</u></div>
<div><u>Varna 1.70 1.95 1.60 N/A 1.35 1.55 1.15 N/A</u></div>
<div><u>Mitchell 1.70 1.90 1.60 N/A 1.35 1.50 1.15 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.53 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.95 1.75 1.05 N/A 1.63 1.43 0.85</u></div>
<div><u>W O Feed 2.10</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor 1.99 2.25 1.86 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 1.78 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.12US 6.72CA 5.15US 6.73CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.54 1.80 1.47 0.99</u></div>
<div><u>CAD $/bu 6.73 7.00 6.67 6.74</u></div>
<div><u>CAD $/tonne 247.47 257.08 245.06 247.83</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 486.57</u></div>
<div><u>DDG's FOB Srn & Aylm 190.00</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="LPlnk886091" 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="LPlnk523351" 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>
</u>
<p></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size: 12pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: Calibri, Arial, Helvetica, sans-serif, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;">
<p></p>
<div><br>
</div>
</div>
</div>
</div>
</body>
</html>