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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, August 26</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3259 down 0.0028</u></div>
<div><u>Chicago corn closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> SEP19 HI 3.62 DEC19 HI 3.71 1/4</u></div>
<div><u> LOW 3.57 LOW 3.66 1/4</u></div>
<div><u> CLOSE3.58 1/2 Down 1 1/4 CLOSE 3.68 1/4 Up 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 1.95 5.54 217.90 1.25 4.93 194.18</u></div>
<div><u>CK High 2.00 5.59 219.87 1.30 4.98 196.15</u></div>
<div><u>CK Avg 1.96 0.60 5.54 218.23 1.29 0.08 4.97 195.82</u></div>
<div><u>Essex Cty 2.00 5.59 219.87 1.30 4.98 196.15</u></div>
<div><u>Mdsx Low 1.95 5.54 217.90 1.30 4.98 196.15</u></div>
<div><u>Mdsx High 1.95 5.54 217.90 1.30 4.98 196.15</u></div>
<div><u>Mdsx Avg 1.95 0.59 5.54 217.90 1.30 0.09 4.98 196.15</u></div>
<div><u>Hensall 1.95 5.54 217.90 1.33 5.01 197.14</u></div>
<div><u>Bruce 1.95 5.54 217.90 1.30 4.98 196.15</u></div>
<div><u>Putnam 1.95 5.54 217.90 1.30 4.98 196.15</u></div>
<div><u>Burford 1.95 5.54 217.90 1.30 4.98 196.15</u></div>
<div><u>Port Perry 1.95 5.54 217.90 1.30 4.98 196.15</u></div>
<div><u>Norfolk 2.00 5.59 219.87 1.30 4.98 196.15</u></div>
<div><u>Palmerston 1.80 5.39 212.00 1.30 4.98 196.15</u></div>
<div><u>Varna 1.90 5.49 215.93 1.30 4.98 196.15</u></div>
<div><u>Trenton 2.00 5.59 219.87 1.30 4.98 196.15</u></div>
<div><u>Winchester N/A 1.41 5.09 200.48</u></div>
<div><u>North Gower 1.60 5.19 204.12 1.40 5.08 200.09</u></div>
<div><u>Huron FOB 2.10 5.69 223.81 1.30 4.98 196.15</u></div>
<div><u>Kent FOB 2.15 5.74 225.78 1.35 5.03 198.12</u></div>
<div><u>Lamb FOB 2.10 5.69 223.81 1.35 5.03 198.12</u></div>
<div><u>Mdsx FOB 2.15N/A N/A N/A 5.74 225.78 1.30 4.98 196.15</u></div>
<div><u>FOB SW Que 2.79 6.38 250.97 1.33 5.01 197.33</u></div>
<div><u>Track 2.33 5.91 232.67N/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 5.08 200.09</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 5.18 204.03</u></div>
<div><u>W O Feed 2.54 6.12 240.97</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.49 6.08 239.16</u></div>
<div><u>Toledo El. 0.50 4.09 160.97 0.20 3.88 152.78</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.65 5.33 209.93</u></div>
<div><u>Prescott 2.05 5.64 221.84 1.40 5.08200</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.27 1/2 4.95 3/4</u></div>
<div><u>HI SD CRN 1.30 4.98 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3259 down 0.0028</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV19 HI 8.70 1/2 NOV19 HI 8.70 1/2</u></div>
<div><u> LOW 8.55 LOW 8.55</u></div>
<div><u> CLOSE8.67 1/4 Up 10 3/4 CLOSE 8.67 1/4 Up 10 3/4</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 2.20 10.87 399.502.05 10.72 393.98</u></div>
<div><u>CK High 2.25 10.92 401.332.11 10.78 396.19</u></div>
<div><u>CK Average 2.24 -0.4410.91 401.032.08 -0.5410.75 394.96</u></div>
<div><u>Essex Cty 2.25 10.92 401.332.10 10.77 395.82</u></div>
<div><u>Mdsx Low 2.13 10.80 396.922.04 10.71 393.62</u></div>
<div><u>Mdsx High 2.25 10.92 401.332.05 10.72 393.98</u></div>
<div><u>Mdsx Average 2.19 -0.4810.86 399.132.05 -0.5710.72 393.80</u></div>
<div><u>Hensall 2.25 10.92 401.332.05 10.72 393.98</u></div>
<div><u>Bruce 2.25 10.92 401.332.05 10.72 393.98</u></div>
<div><u>Putnam 2.25 10.92 401.332.05 10.72 393.98</u></div>
<div><u>Burford 2.18 10.85 398.762.09 10.76 395.45</u></div>
<div><u>Port Perry 2.15 10.82 397.662.06 10.73 394.35</u></div>
<div><u>Norfolk 2.25 10.92 401.332.10 10.77 395.82</u></div>
<div><u>Palmerston 2.25 10.92 401.332.05 10.72 393.98</u></div>
<div><u>Varna 2.25 10.92 401.332.05 10.72 393.98</u></div>
<div><u>Trenton 2.15 10.82 397.662.15 10.82 397.66</u></div>
<div><u>Winchester N/A 2.09 10.76 395.45</u></div>
<div><u>North Gower 2.10 10.77 395.822.18 10.85 398.76</u></div>
<div><u>Huron FOB 2.35 11.02 405.012.15 10.82 397.66</u></div>
<div><u>Kent FOB 2.35 11.02 405.012.10 10.77 395.82</u></div>
<div><u>Lambton FOB 2.15 10.82 397.662.25 10.92 401.33</u></div>
<div><u>Middlesex FOB2.52 2.52 N/A N/A 11.19 411.252.16 10.83 398.03</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.56 11.23 412.722.36 11.03 405.37</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.80 11.47 421.542.55 11.22 412.36</u></div>
<div><u>Prescott N/A 2.40 11.07 406.84</u></div>
<div><u>Port Colborne N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.33 8.34 306.48-0.49 8.18 300.68</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3259 down 0.0028</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>SEP19 HI 4.80 JUL20 HI 4.93 3/4</u></div>
<div><u> LOW 4.70 3/4 LOW 4.87</u></div>
<div><u> CLOSE 4.73 Down 2 1/4 CLOSE 4.88 1/2 Down 2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.</u></div>
<div><u>SEP19 HI 4.98 3/4 SEP20 HI 5.55 1/2</u></div>
<div><u> LOW 4.92 LOW 5.53 1/2</u></div>
<div><u> CLOSE 4.92 3/4 Down 6 CLOSE 5.53 1/2 Down 3 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 2.01 2.27 1.94 1.21</u></div>
<div><u>CAD $/bu 6.74 7.00 6.67 6.14</u></div>
<div><u>CAD $/tonne 247.49 257.24 245.06 225.45</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 1.69 1.96 1.62 N/A 1.28 1.41 1.08 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 1.71 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 2.15 1.88 1.20 N/A 1.78 1.56 0.90</u></div>
<div><u>W O Feed 2.24</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor 2.04 2.31 1.97 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 1.90 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.93US 6.54CA 4.84US 6.39CA</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 1.51 1.77 1.44 0.99</u></div>
<div><u>CAD $/bu 6.39 6.66 6.33 6.53</u></div>
<div><u>CAD $/tonne 234.93 244.65 232.50 239.79</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 459.67</u></div>
<div><u>DDG's FOB Srn & Aylm 190.00 - 195.00</u></div>
<div><u><br>
</u></div>
<div><u></u>
<p class="MsoNoSpacing" style=""><span style="font-size: 10pt; font-family: "Courier New";"><br>
</span></p>
<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>
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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>
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