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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 2</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3201 down 0.0020</u></div>
<div><u>Chicago corn closed moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP19 HI 4.00 DEC19 HI 4.09 3/4</u></div>
<div><u> LOW 3.93 1/2 LOW 4.03</u></div>
<div><u> CLOSE3.99 1/2 Up 6 3/4 CLOSE 4.09 1/2 Up 7</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 +DEC19+DEC19+DEC19</u></div>
<div><u>CK Low 1.80 5.80 228.14 1.25 5.35 210.42</u></div>
<div><u>CK High 1.95 5.95 234.04 1.25 5.35 210.42</u></div>
<div><u>CK Avg 1.85 0.43 5.85 230.11 1.25 -0.04 5.35 210.42</u></div>
<div><u>Essex Cty 1.95 5.95 234.04 1.25 5.35 210.42</u></div>
<div><u>Mdsx Low 1.80 5.80 228.14 1.25 5.35 210.42</u></div>
<div><u>Mdsx High 1.90 5.90 232.08 1.25 5.35 210.42</u></div>
<div><u>Mdsx Avg 1.85 0.43 5.85 230.11 1.25 -0.04 5.35 210.42</u></div>
<div><u>Hensall 1.83 5.82 229.12 1.28 5.37 211.41</u></div>
<div><u>Bruce 1.80 5.80 228.14 1.25 5.35 210.42</u></div>
<div><u>Putnam 1.80 5.80 228.14 1.25 5.35 210.42</u></div>
<div><u>Burford 1.90 5.90 232.08 1.25 5.35 210.42</u></div>
<div><u>Port Perry 1.90 5.90 232.08 1.25 5.35 210.42</u></div>
<div><u>Norfolk 1.95 5.95 234.04 1.25 5.35 210.42</u></div>
<div><u>Palmerston N/A 1.30 5.40 212.39</u></div>
<div><u>Varna 1.80 5.80 228.14 1.25 5.35 210.42</u></div>
<div><u>Trenton 1.90 5.90 232.08 1.25 5.35 210.42</u></div>
<div><u>Winchester N/A 1.40 5.50 216.33</u></div>
<div><u>North Gower 1.50 5.50 216.33 1.40 5.50 216.33</u></div>
<div><u>Huron FOB 2.00 6.00 236.01 1.32 5.42 213.18</u></div>
<div><u>Kent FOB 2.10 6.10 239.95 1.30 5.40 212.39</u></div>
<div><u>Lamb FOB 2.18 6.18 243.10 1.45 5.55 218.30</u></div>
<div><u>Mdsx FOB 2.05N/A N/A N/A 6.05 237.98 1.30 5.40 212.39</u></div>
<div><u>FOB SW Que 2.64 6.64 261.21 1.34 5.44 213.97</u></div>
<div><u>Track 2.45 6.45 253.73N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 2.41 2.41 1.48 1.48 5.58 219.48</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth 2.35 2.40 2.40N/A 6.35 249.79 N/A</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.40 5.50 216.33</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 2.45N/A N/A</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A 1.55 1.55 5.65 222.23</u></div>
<div><u>Cardnl-Ing N/A N/A 1.55 1.50 1.50 5.60 220.27</u></div>
<div><u>W O Feed 2.37 6.37 250.66</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.58 6.58 258.85</u></div>
<div><u>Toledo El. 0.50 4.50 177.03 0.20 4.29 169.00</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Port ColbornN/A 1.65 5.75226 1/6</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.25 5.34 1/2</u></div>
<div><u>HI SD CRN 1.25 5.34 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 1.3201 down 0.0020</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV19 HI 8.72 1/4 NOV19 HI 8.72 1/4</u></div>
<div><u> LOW 8.62 3/4 LOW 8.62 3/4</u></div>
<div><u> CLOSE8.68 1/2 Up 3 1/4 CLOSE 8.68 1/2 Up 3 1/4</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+NOV19</u></div>
<div><u>CK Low 2.05 10.74 394.441.98 10.67 391.87</u></div>
<div><u>CK High 2.10 10.79 396.282.00 10.69 392.61</u></div>
<div><u>CK Average 2.09 -0.5310.77 395.732.00 -0.5810.68 392.48</u></div>
<div><u>Essex Cty 2.15 10.84 398.122.00 10.69 392.61</u></div>
<div><u>Mdsx Low 2.01 10.70 392.971.93 10.62 390.03</u></div>
<div><u>Mdsx High 2.10 10.79 396.282.00 10.69 392.61</u></div>
<div><u>Mdsx Average 2.06 -0.5510.74 394.631.97 -0.6010.65 391.32</u></div>
<div><u>Hensall 2.08 10.76 395.361.98 10.66 391.69</u></div>
<div><u>Bruce 2.05 10.74 394.441.95 10.64 390.77</u></div>
<div><u>Putnam 2.10 10.79 396.282.00 10.69 392.61</u></div>
<div><u>Burford 2.06 10.75 394.811.98 10.67 391.87</u></div>
<div><u>Port Perry 2.03 10.72 393.711.95 10.64 390.77</u></div>
<div><u>Norfolk 2.05 10.74 394.442.00 10.69 392.61</u></div>
<div><u>Palmerston N/A 2.05 10.74 394.44</u></div>
<div><u>Varna 2.10 10.79 396.282.00 10.69 392.61</u></div>
<div><u>Trenton 2.10 10.79 396.282.00 10.69 392.61</u></div>
<div><u>Winchester N/A 2.08 10.77 395.55</u></div>
<div><u>North Gower 1.87 10.56 387.832.05 10.74 394.44</u></div>
<div><u>Huron FOB 2.20 10.89 399.962.10 10.79 396.28</u></div>
<div><u>Kent FOB 2.25 10.94 401.792.00 10.69 392.61</u></div>
<div><u>Lambton FOB 2.30 10.99 403.632.15 10.84 398.12</u></div>
<div><u>Middlesex FOB2.27 2.34 N/A N/A 10.96 402.532.06 10.75 394.81</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.53 11.22 412.082.33 11.02 404.73</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.60 11.29 414.652.45 11.14 409.14</u></div>
<div><u>Prescott N/A 2.45 11.14 409.14</u></div>
<div><u>Port Colborne N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.26 8.42 309.42-0.53 8.16 299.75</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3201 down 0.0020</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>SEP19 HI 4.91 1/2 JUL10 HI 5.10 1/2</u></div>
<div><u> LOW 4.76 LOW 5.01 1/4</u></div>
<div><u> CLOSE 4.90 3/4 Up 15 CLOSE 5.10 Up 9</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>SEP19 HI 5.23 SEP10 HI 5.73</u></div>
<div><u> LOW 5.18 1/2 LOW 5.72</u></div>
<div><u> CLOSE 5.22 1/4 Up 3 3/4 CLOSE 5.73 Up 1/4</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 2.03 2.30 1.97 1.28</u></div>
<div><u>CAD $/bu 6.94 7.20 6.87 6.50</u></div>
<div><u>CAD $/tonne 255.02 264.72 252.60 238.77</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 1.67 1.93 1.60 N/A 1.28 1.41 1.08 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 1.70 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Bruce 1.70 1.95 1.60 1.20 1.35 1.55 1.15 N/A</u></div>
<div><u>Essex N/A N/A 1.55 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 1.70 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 1.95 1.60 1.20 N/A 1.57 1.22 0.90</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 1.57 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 2.10 1.85 1.10 N/A 1.67 1.42 0.90</u></div>
<div><u>W O Feed 2.19</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor 2.01 2.27 1.94 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 1.84 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.11US 6.74CA 5.05US 6.66CA</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 1.56 1.82 1.49 1.03</u></div>
<div><u>CAD $/bu 6.66 6.92 6.59 6.76</u></div>
<div><u>CAD $/tonne 244.54 254.22 242.12 248.41</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 462.43</u></div>
<div><u>DDG's FOB Srn & Aylm 190.00</u></div>
<div><br>
</div>
<p class="MsoNoSpacing"><span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"><span style="color:#333333"> </span></span></span><span class="object"><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><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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