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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 23</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3287 down 0.0006</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP19 HI 3.63 DEC19 HI 3.71 1/2</u></div>
<div><u> LOW 3.57 1/2 LOW 3.65 1/2</u></div>
<div><u> CLOSE3.59 3/4 Down 3 1/2 CLOSE 3.67 3/4 Down 3 1/4</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 1.95 5.55 218.40 1.25 4.93 193.99</u></div>
<div><u>CK High 2.00 5.60 220.36 1.30 4.98 195.96</u></div>
<div><u>CK Avg 1.96 0.58 5.56 218.72 1.28 0.07 4.96 195.30</u></div>
<div><u>Essex Cty 2.00 5.60 220.36 1.30 4.98 195.96</u></div>
<div><u>Mdsx Low 1.95 5.55 218.40 1.30 4.98 195.96</u></div>
<div><u>Mdsx High 1.95 5.55 218.40 1.30 4.98 195.96</u></div>
<div><u>Mdsx Avg 1.95 0.58 5.55 218.40 1.30 0.08 4.98 195.96</u></div>
<div><u>Hensall 1.95 5.55 218.40 1.33 5.00 196.94</u></div>
<div><u>Bruce 1.95 5.55 218.40 1.30 4.98 195.96</u></div>
<div><u>Putnam 1.95 5.55 218.40 1.30 4.98 195.96</u></div>
<div><u>Burford 1.95 5.55 218.40 1.30 4.98 195.96</u></div>
<div><u>Port Perry 1.95 5.55 218.40 1.30 4.98 195.96</u></div>
<div><u>Norfolk 2.00 5.60 220.36 1.30 4.98 195.96</u></div>
<div><u>Palmerston 1.80 5.40 212.49 1.30 4.98 195.96</u></div>
<div><u>Varna 1.90 5.50 216.43 1.30 4.98 195.96</u></div>
<div><u>Trenton 2.00 5.60 220.36 1.30 4.98 195.96</u></div>
<div><u>Winchester N/A 1.35 5.03 197.92</u></div>
<div><u>North Gower 1.55 5.15 202.65 1.40 5.08 199.89</u></div>
<div><u>Huron FOB 2.10 5.70 224.30 1.30 4.98 195.96</u></div>
<div><u>Kent FOB 2.15 5.75 226.27 1.35 5.03 197.92</u></div>
<div><u>Lamb FOB 2.10 5.70 224.30 1.35 5.03 197.92</u></div>
<div><u>Mdsx FOB 2.15N/A N/A N/A 5.75 226.27 1.30 4.98 195.96</u></div>
<div><u>FOB SW Que 2.68 6.28 247.13 1.33 5.01 197.14</u></div>
<div><u>Track 2.33 5.92 233.16N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A N/A</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 2.25N/A N/A</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.40 5.08 199.89</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 N/A N/A N/A*</u></div>
<div><u>Cardnl-Ing N/A N/A 1.55 1.50 1.50 5.18 203.83</u></div>
<div><u>W O Feed 2.56 6.15 242.25</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.54 6.14 241.62</u></div>
<div><u>Toledo El. 0.50 4.10 161.50 0.20 3.88 152.60</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.65 5.33 209.73</u></div>
<div><u>Prescott 2.05 5.65 222.33 1.50 5.18203 5/6</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.27 1/2 4.95 1/4</u></div>
<div><u>HI SD CRN 1.30 4.97 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 1.3287 down 0.0006</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV19 HI 8.72 NOV19 HI 8.72</u></div>
<div><u> LOW 8.55 LOW 8.55</u></div>
<div><u> CLOSE8.56 1/2 Down 12 1/4 CLOSE 8.56 1/2 Down 12 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 2.19 10.76 395.182.05 10.62 390.03</u></div>
<div><u>CK High 2.25 10.82 397.382.10 10.67 391.87</u></div>
<div><u>CK Average 2.23 -0.4410.80 396.712.08 -0.5310.64 390.95</u></div>
<div><u>Essex Cty 2.25 10.82 397.382.10 10.67 391.87</u></div>
<div><u>Mdsx Low 2.12 10.69 392.612.03 10.60 389.30</u></div>
<div><u>Mdsx High 2.25 10.82 397.382.05 10.62 390.03</u></div>
<div><u>Mdsx Average 2.19 -0.4710.75 394.992.04 -0.5610.61 389.67</u></div>
<div><u>Hensall 2.28 10.84 398.302.08 10.64 390.95</u></div>
<div><u>Bruce 2.25 10.82 397.382.05 10.62 390.03</u></div>
<div><u>Putnam 2.25 10.82 397.382.05 10.62 390.03</u></div>
<div><u>Burford 2.17 10.74 394.442.08 10.65 391.14</u></div>
<div><u>Port Perry 2.14 10.71 393.342.05 10.62 390.03</u></div>
<div><u>Norfolk 2.25 10.82 397.382.10 10.67 391.87</u></div>
<div><u>Palmerston 2.25 10.82 397.382.05 10.62 390.03</u></div>
<div><u>Varna 2.25 10.82 397.382.05 10.62 390.03</u></div>
<div><u>Trenton 2.15 10.72 393.712.15 10.72 393.71</u></div>
<div><u>Winchester N/A 2.03 10.60 389.30</u></div>
<div><u>North Gower 2.00 10.57 388.202.18 10.75 394.81</u></div>
<div><u>Huron FOB 2.35 10.92 401.062.15 10.72 393.71</u></div>
<div><u>Kent FOB 2.35 10.92 401.062.10 10.67 391.87</u></div>
<div><u>Lambton FOB 2.15 10.72 393.712.25 10.82 397.38</u></div>
<div><u>Middlesex FOB2.51 2.51 N/A N/A 11.08 406.942.16 10.73 394.08</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.55 11.12 408.412.35 10.92 401.06</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.80 11.37 417.592.55 11.12 408.41</u></div>
<div><u>Prescott N/A 2.40 10.97 402.89</u></div>
<div><u>Port Colborne N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.33 8.23 302.50-0.49 8.07 296.70</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3287 down 0.0006</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div><u>SEP19 HI 4.75 3/4 JUL20 HI 4.91 1/4</u></div>
<div><u> LOW 4.61 1/4 LOW 4.79 1/2</u></div>
<div><u> CLOSE 4.75 1/4 Up 8 CLOSE 4.90 1/2 Up 4 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>SEP19 HI 4.99 1/4 SEP20 HI 5.57 1/2</u></div>
<div><u> LOW 4.97 LOW 5.54 1/4</u></div>
<div><u> CLOSE 4.98 3/4 Up 1/4 CLOSE 5.57 Up 1 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 2.29 1.96 1.24</u></div>
<div><u>CAD $/bu 6.78 7.05 6.71 6.23</u></div>
<div><u>CAD $/tonne 249.12 258.88 246.67 228.85</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 1.65 1.92 1.59 N/A 1.24 1.38 1.05 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 1.65 N/A N/A N/A 1.25 N/A</u></div>
<div><u>Bruce 1.70 2.00 1.60 1.30 1.30 1.50 1.10 0.95</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 1.65 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 2.00 1.60 1.30 N/A 1.58 1.23 0.95</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 1.88 1.15 N/A 1.78 1.46 0.90</u></div>
<div><u>W O Feed 2.27</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor 2.00 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 1.83 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.95US 6.58CA 4.86US 6.43CA</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 1.53 1.79 1.46 1.01</u></div>
<div><u>CAD $/bu 6.43 6.70 6.37 6.58</u></div>
<div><u>CAD $/tonne 236.34 246.08 233.91 241.94</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 456.14</u></div>
<div><u>DDG's FOB Srn & Aylm 190.00 - 195.00</u></div>
<div><br>
</div>
<div><br>
</div>
<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>
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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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