<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"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 16</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3266 down 0.0050</u></div>
<div><u>Chicago corn closed higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP19 HI 3.71 1/4 DEC19 HI 3.81</u></div>
<div><u> LOW 3.61 1/4 LOW 3.71 1/2</u></div>
<div><u> CLOSE3.71 Up 10 1/4 CLOSE 3.80 3/4 Up 9 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 +DEC19+DEC19+DEC19</u></div>
<div><u>CK Low 1.85 5.56 218.89 1.25 5.06 199.10</u></div>
<div><u>CK High 2.05 5.76 226.76 1.30 5.11 201.07</u></div>
<div><u>CK Avg 1.97 0.57 5.68 223.48 1.29 0.03 5.10 200.75</u></div>
<div><u>Essex Cty 2.05 5.76 226.76 1.30 5.11 201.07</u></div>
<div><u>Mdsx Low 1.95 5.66 222.82 1.30 5.11 201.07</u></div>
<div><u>Mdsx High 1.95 5.66 222.82 1.30 5.11 201.07</u></div>
<div><u>Mdsx Avg 1.95 0.56 5.66 222.82 1.30 0.04 5.11 201.07</u></div>
<div><u>Hensall 1.98 5.69 223.81 1.33 5.13 202.06</u></div>
<div><u>Bruce 1.90 5.61 220.86 1.30 5.11 201.07</u></div>
<div><u>Putnam 2.00 5.71 224.79 1.30 5.11 201.07</u></div>
<div><u>Burford 1.95 5.66 222.82 1.30 5.11 201.07</u></div>
<div><u>Port Perry 1.95 5.66 222.82 1.30 5.11 201.07</u></div>
<div><u>Norfolk 2.05 5.76 226.76 1.30 5.11 201.07</u></div>
<div><u>Palmerston 1.73 5.44 214.16 1.23 5.04 198.32</u></div>
<div><u>Varna 1.90 5.61 220.86 1.30 5.11 201.07</u></div>
<div><u>Trenton 1.95 5.66 222.82 1.30 5.11 201.07</u></div>
<div><u>Winchester N/A 1.40 5.21 205.01</u></div>
<div><u>North Gower 1.50 5.21 205.11 1.40 5.21 205.01</u></div>
<div><u>Huron FOB 2.10 5.81 228.73 1.35 5.16 203.04</u></div>
<div><u>Kent FOB 2.20 5.91 232.67 1.35 5.16 203.04</u></div>
<div><u>Lamb FOB 2.10 5.81 228.73 1.35 5.16 203.04</u></div>
<div><u>Mdsx FOB 2.15N/A N/A N/A 5.86 230.70 1.30 5.11 201.07</u></div>
<div><u>FOB SW Que 2.71 6.42 252.74 1.51 5.32 209.34</u></div>
<div><u>Track 2.35 6.06 238.57N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.43 1.43 1.43 5.24 206.19</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A N/A 2.35N/A N/A</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.40 5.21 205.01</u></div>
<div><u>London-Ing N/A N/A 1.95N/A N/A</u></div>
<div><u>Pt.Colb-Ing N/A N/A 1.80 1.75 1.75* 5.56 218.79</u></div>
<div><u>Cardnl-Ing N/A N/A 1.55 1.50 1.50 5.31 208.95</u></div>
<div><u>W O Feed 2.54 6.25 246.05</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.51 6.22 244.87</u></div>
<div><u>Toledo El. 0.50 4.21 165.90 0.20 4.01 157.73</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.65 5.46 214.85</u></div>
<div><u>Prescott 2.05 5.76 226.76 1.50 5.31209</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.27 1/2 5.08 1/4</u></div>
<div><u>HI SD CRN 1.30 5.10 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 1.3266 down 0.0050</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV19 HI 8.80 3/4 NOV19 HI 8.80 3/4</u></div>
<div><u> LOW 8.70 3/4 LOW 8.70 3/4</u></div>
<div><u> CLOSE8.79 3/4 Up 9 CLOSE 8.79 3/4 Up 9</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 2.20 11.00 404.092.05 10.85 398.58</u></div>
<div><u>CK High 2.25 11.05 405.932.15 10.95 402.25</u></div>
<div><u>CK Average 2.23 -0.4811.03 405.312.11 -0.5810.91 400.78</u></div>
<div><u>Essex Cty 2.20 11.00 404.092.10 10.90 400.41</u></div>
<div><u>Mdsx Low 2.23 11.03 405.192.09 10.89 400.05</u></div>
<div><u>Mdsx High 2.25 11.05 405.932.15 10.95 402.25</u></div>
<div><u>Mdsx Average 2.24 -0.4811.04 405.562.12 -0.5710.92 401.15</u></div>
<div><u>Hensall 2.25 11.05 405.932.13 10.92 401.33</u></div>
<div><u>Bruce 2.20 11.00 404.092.05 10.85 398.58</u></div>
<div><u>Putnam 2.25 11.05 405.932.15 10.95 402.25</u></div>
<div><u>Burford 2.28 11.08 407.032.14 10.94 401.88</u></div>
<div><u>Port Perry 2.25 11.05 405.932.11 10.91 400.78</u></div>
<div><u>Norfolk 2.20 11.00 404.092.10 10.90 400.41</u></div>
<div><u>Palmerston 2.14 10.94 401.882.08 10.88 399.68</u></div>
<div><u>Varna 2.25 11.05 405.932.10 10.90 400.41</u></div>
<div><u>Trenton 2.15 10.95 402.252.15 10.95 402.25</u></div>
<div><u>Winchester N/A 2.20 11.00 404.09</u></div>
<div><u>North Gower 1.98 10.78 396.012.15 10.95 402.25</u></div>
<div><u>Huron FOB 2.35 11.15 409.602.20 11.00 404.09</u></div>
<div><u>Kent FOB 2.30 11.10 407.762.10 10.90 400.41</u></div>
<div><u>Lambton FOB 2.15 10.95 402.252.30 11.10 407.76</u></div>
<div><u>Middlesex FOB2.55 2.55 N/A N/A 11.35 416.952.14 10.94 401.88</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.61 11.41 419.152.41 11.21 411.81</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.75 11.55 424.302.55 11.35 416.95</u></div>
<div><u>Prescott N/A 2.40 11.20 411.44</u></div>
<div><u>Port Colborne N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.33 8.47 311.07-0.49 8.31 305.20</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3266 down 0.0050</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>SEP19 HI 4.73 JUL20 HI 4.95 3/4</u></div>
<div><u> LOW 4.67 1/4 LOW 4.91 1/2</u></div>
<div><u> CLOSE 4.70 3/4 Up 1 3/4 CLOSE 4.95 Up 4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>SEP19 HI 5.07 SEP20 HI 5.62 1/2</u></div>
<div><u> LOW 5.02 1/2 LOW 5.61</u></div>
<div><u> CLOSE 5.06 1/4 Up 3 1/2 CLOSE 5.62 1/2 Up 1 3/4</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 2.00 2.27 1.94 1.26</u></div>
<div><u>CAD $/bu 6.71 6.97 6.64 6.32</u></div>
<div><u>CAD $/tonne 246.53 256.27 244.09 232.15</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 1.10 N/A</u></div>
<div><u>London 1.78 2.05 1.72 N/A 1.29 1.42 1.09 N/A</u></div>
<div><u>Hensall 1.70 N/A 1.60 N/A 1.30 N/A 1.10 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 2.00 1.60 1.30 1.30 1.50 1.10 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 1.30 N/A 1.10 N/A</u></div>
<div><u>Port Hope N/A 1.85 1.70 N/A N/A 1.45 1.20 N/A</u></div>
<div><u>Kent Bridge 1.70 N/A 1.60 N/A 1.30 N/A 1.10 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 2.17 1.63 1.20 N/A 1.67 1.13 0.90</u></div>
<div><u>Varna 1.70 2.00 1.60 N/A 1.30 1.50 1.10 N/A</u></div>
<div><u>Mitchell 1.70 1.90 1.60 N/A 1.30 1.50 1.10 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.64 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 2.15 1.90 1.15 N/A 1.78 1.48 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 2.12 2.39 2.05 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 1.80 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.91US 6.51CA 4.90US 6.51CA</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 1.05</u></div>
<div><u>CAD $/bu 6.51 6.77 6.44 6.67</u></div>
<div><u>CAD $/tonne 239.04 248.80 236.60 245.14</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 456.25</u></div>
<div><u>DDG's FOB Srn & Aylm 190.00 - 195.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<u></u>
<p class="MsoNoSpacing" style=""><span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews<o:p></o:p></span></p>
<p class="MsoNoSpacing" style=""><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" style=""><span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<o:p></o:p></span></p>
<p class="MsoNoSpacing" style=""><span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
<p class="MsoNoSpacing" style=""><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" style=""><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" style=""><span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span class="apple-converted-space"><span style="color:#333333"> </span></span></span><span class="object" style=""><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space" style=""><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
<u></u><br>
<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;">
<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<u><br>
</u>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
<p></p>
</div>
<p></p>
</div>
</body>
</html>