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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, August 7</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3307 up 0.0035</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP19 HI 4.07 1/2 DEC19 HI 4.15 1/4</u></div>
<div><u> LOW 4.00 1/2 LOW 4.09 1/4</u></div>
<div><u> CLOSE4.06 1/2 Up 2 1/2 CLOSE 4.14 Up 1 1/2</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 5.87 230.89 1.25 5.39 212.19</u></div>
<div><u>CK High 1.95 6.02 236.80 1.25 5.39 212.19</u></div>
<div><u>CK Avg 1.85 0.38 5.92 232.86 1.25 -0.08 5.39 212.19</u></div>
<div><u>Essex Cty 1.95 6.02 236.80 1.25 5.39 212.19</u></div>
<div><u>Mdsx Low 1.90 5.97 234.83 1.25 5.39 212.19</u></div>
<div><u>Mdsx High 1.90 5.97 234.83 1.25 5.39 212.19</u></div>
<div><u>Mdsx Avg 1.90 0.42 5.97 234.83 1.25 -0.08 5.39 212.19</u></div>
<div><u>Hensall 1.83 5.89 231.88 1.28 5.42 213.18</u></div>
<div><u>Bruce 1.80 5.87 230.89 1.25 5.39 212.19</u></div>
<div><u>Putnam 1.80 5.87 230.89 1.25 5.39 212.19</u></div>
<div><u>Burford 1.90 5.97 234.83 1.25 5.39 212.19</u></div>
<div><u>Port Perry 1.90 5.97 234.83 1.25 5.39 212.19</u></div>
<div><u>Norfolk 1.95 6.02 236.80 1.25 5.39 212.19</u></div>
<div><u>Palmerston N/A 1.30 5.44 214.16</u></div>
<div><u>Varna 1.80 5.87 230.89 1.25 5.39 212.19</u></div>
<div><u>Trenton 1.90 5.97 234.83 1.25 5.39 212.19</u></div>
<div><u>Winchester N/A 1.40 5.54 218.10</u></div>
<div><u>North Gower 1.50 5.57 219.08 1.40 5.54 218.10</u></div>
<div><u>Huron FOB 2.15 6.22 244.67 1.40 5.54 218.10</u></div>
<div><u>Kent FOB 2.10 6.17 242.71 1.30 5.44 214.16</u></div>
<div><u>Lamb FOB 2.18 6.25 245.85 1.45 5.59 220.07</u></div>
<div><u>Mdsx FOB 2.05N/A N/A N/A 6.12 240.74 1.30 5.44 214.16</u></div>
<div><u>FOB SW Que 2.71 6.78 266.72 1.64 5.78 227.55</u></div>
<div><u>Track 2.45 6.52 256.48N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 2.49 2.49 1.56 1.56 5.70 224.40</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 6.42 252.55 N/A</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.40 5.54 218.10</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 5.69 224.01</u></div>
<div><u>Cardnl-Ing N/A N/A 1.55 1.50 1.50 5.64 222.04</u></div>
<div><u>W O Feed 2.60 6.67 262.55</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.58 6.65 261.60</u></div>
<div><u>Toledo El. 0.51 4.57 179.94 0.20 4.34 170.83</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Port ColbornN/A 1.65 5.79228</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.25 5.39</u></div>
<div><u>HI SD CRN 1.25 5.39</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3307 up 0.0035</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> NOV19 HI 8.69 1/2 NOV19 HI 8.69 1/2</u></div>
<div><u> LOW 8.62 LOW 8.62</u></div>
<div><u> CLOSE8.66 3/4 Up 1 CLOSE 8.66 3/4 Up 1</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 2.10 10.77 395.642.00 10.67 391.96</u></div>
<div><u>CK High 2.14 10.81 397.112.05 10.72 393.80</u></div>
<div><u>CK Average 2.11 -0.5710.77 395.882.03 -0.6210.69 392.88</u></div>
<div><u>Essex Cty 2.20 10.87 399.312.05 10.72 393.80</u></div>
<div><u>Mdsx Low 2.09 10.76 395.272.00 10.67 391.96</u></div>
<div><u>Mdsx High 2.10 10.77 395.642.00 10.67 391.96</u></div>
<div><u>Mdsx Average 2.10 -0.5810.76 395.452.00 -0.6410.67 391.96</u></div>
<div><u>Hensall 2.13 10.79 396.561.98 10.64 391.04</u></div>
<div><u>Bruce 2.10 10.77 395.641.95 10.62 390.13</u></div>
<div><u>Putnam 2.10 10.77 395.642.00 10.67 391.96</u></div>
<div><u>Burford 2.14 10.81 397.112.05 10.72 393.80</u></div>
<div><u>Port Perry 2.11 10.78 396.012.02 10.69 392.70</u></div>
<div><u>Norfolk 2.10 10.77 395.642.05 10.72 393.80</u></div>
<div><u>Palmerston N/A 2.05 10.72 393.80</u></div>
<div><u>Varna 2.15 10.82 397.481.95 10.62 390.13</u></div>
<div><u>Trenton 2.10 10.77 395.642.00 10.67 391.96</u></div>
<div><u>Winchester N/A 2.00 10.67 391.96</u></div>
<div><u>North Gower 1.87 10.54 387.192.05 10.72 393.80</u></div>
<div><u>Huron FOB 2.25 10.92 401.152.05 10.72 393.80</u></div>
<div><u>Kent FOB 2.30 10.97 402.992.05 10.72 393.80</u></div>
<div><u>Lambton FOB 2.30 10.97 402.992.15 10.82 397.48</u></div>
<div><u>Middlesex FOB2.48 2.47 N/A N/A 11.15 409.602.12 10.79 396.37</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.61 11.28 414.382.41 11.08 407.03</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.60 11.27 414.012.45 11.12 408.50</u></div>
<div><u>Prescott N/A 2.45 11.12 408.50</u></div>
<div><u>Port Colborne N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.27 8.40 308.70-0.53 8.14 298.95</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3307 up 0.0035</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>SEP19 HI 4.90 1/4 JUL10 HI 5.10 3/4</u></div>
<div><u> LOW 4.77 1/2 LOW 5.01 1/2</u></div>
<div><u> CLOSE 4.88 1/4 Up 4 1/4 CLOSE 5.10 Up 3 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed narrowly mixed.</u></div>
<div><u>SEP19 HI 5.25 SEP10 HI 5.72 3/4</u></div>
<div><u> LOW 5.18 3/4 LOW 5.70 1/4</u></div>
<div><u> CLOSE 5.21 Down 1 CLOSE 5.71 Up 1/2</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 2.08 2.35 2.01 1.32</u></div>
<div><u>CAD $/bu 6.96 7.23 6.90 6.53</u></div>
<div><u>CAD $/tonne 255.84 265.62 253.39 240.07</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 1.73 1.99 1.66 N/A 1.34 1.47 1.14 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 1.75 2.00 1.65 1.25 1.40 1.60 1.20 N/A</u></div>
<div><u>Essex N/A N/A 1.55 N/A N/A N/A 1.15 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 1.15 N/A</u></div>
<div><u>Brigden N/A N/A 1.60 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Palmerston N/A 1.95 1.60 1.20 N/A 1.59 1.24 0.90</u></div>
<div><u>Varna 1.75 2.00 1.65 N/A 1.40 1.60 1.20 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 1.61 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 2.15 1.85 1.15 N/A 1.74 1.49 0.90</u></div>
<div><u>W O Feed 2.25</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor 2.07 2.34 2.00 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 1.88 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.08US 6.76CA 5.05US 6.71CA</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 1.61 1.88 1.54 1.08</u></div>
<div><u>CAD $/bu 6.71 6.98 6.64 6.79</u></div>
<div><u>CAD $/tonne 246.57 256.33 244.13 249.50</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 462.98</u></div>
<div><u>DDG's FOB Srn & Aylm 190.00</u></div>
<div><u><br>
</u></div>
<u><br>
</u>
<p></p>
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<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>
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