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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, July 16<br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.3562 up 0.0059<br>
</u></div>
<div><u>Chicago corn closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.33 1/4 DEC20 HI 3.40 1/2<br>
</u></div>
<div><u> LOW 3.26 LOW 3.33 1/2<br>
</u></div>
<div><u> CLOSE3.30 1/4 Up 4 CLOSE 3.37 1/2 Up 3 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS<br>
</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +SEP20+DEC20+DEC20<br>
</u></div>
<div><u>CK Low 1.40 4.70 185.13 0.95 4.33 170.27<br>
</u></div>
<div><u>CK High 1.50 4.80 189.07 1.00 4.38 172.24<br>
</u></div>
<div><u>CK Avg 1.47 0.21 4.77 187.75 0.98 -0.16 4.36 171.58<br>
</u></div>
<div><u>Essex Cty 1.50 4.80 189.07 1.00 4.38 172.24<br>
</u></div>
<div><u>Mdsx Low 1.50 4.80 189.07 1.00 4.38 172.24<br>
</u></div>
<div><u>Mdsx High 1.50 4.80 189.07 1.00 4.38 172.24<br>
</u></div>
<div><u>Mdsx Avg 1.50 0.24 4.80 189.07 1.00 -0.15 4.38 172.24<br>
</u></div>
<div><u>Hensall 1.48 4.79 188.41 1.02 4.39 172.89<br>
</u></div>
<div><u>Bruce 1.45 4.75 187.10 1.00 4.38 172.24<br>
</u></div>
<div><u>Putnam 1.50 4.80 189.07 1.00 4.38 172.24<br>
</u></div>
<div><u>Burford 1.50 4.80 189.07 1.00 4.38 172.24<br>
</u></div>
<div><u>Port Perry 1.55 4.85 191.03 1.30 4.68 184.05<br>
</u></div>
<div><u>Norfolk 1.50 4.80 189.07 1.00 4.38 172.24<br>
</u></div>
<div><u>Palmerston 1.41 4.71 185.52 0.93 4.31 169.48<br>
</u></div>
<div><u>Varna 1.45 4.75 187.10 1.00 4.38 172.24<br>
</u></div>
<div><u>Trenton 1.55 4.85 191.03 1.25 4.63 182.08<br>
</u></div>
<div><u>Winchester 1.45 4.75 187.10 1.40 4.78 187.98<br>
</u></div>
<div><u>North Gower 1.45 4.75 187.10 1.45 4.83 189.95<br>
</u></div>
<div><u>Vankleek HilN/A 1.13 4.51 177.35<br>
</u></div>
<div><u>Huron FOB 1.67 4.97 195.76 1.08 4.46 175.39<br>
</u></div>
<div><u>Kent FOB 1.65 4.95 194.97 1.10 4.48 176.17<br>
</u></div>
<div><u>Lamb FOB 1.67 4.97 195.76 1.10 4.48 176.17<br>
</u></div>
<div><u>Mdsx FOB 1.55 1.65N/A N/A 4.85 191.03 1.00 4.38 172.24<br>
</u></div>
<div><u>FOB SW Que 2.10 5.40 212.69N/A<br>
</u></div>
<div><u>Track 1.91 5.21 205.21N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.52N/A N/A<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Aylmer-Eth 1.83 1.90 1.82 1.50 5.13 202.06 1.25 4.63 182.08<br>
</u></div>
<div><u>Sarn-Eth N/A N/A 1.15N/A N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A 1.40 1.30 4.68 184.05<br>
</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 2.05 1.55 4.93 193.89<br>
</u></div>
<div><u>W O Feed 1.97 5.28 207.73<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.99 5.29 208.36<br>
</u></div>
<div><u>Toledo El. -0.07 3.23 127.34 -0.27 3.10 122.19<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.95 5.25 206.78 1.35 4.73 186.02<br>
</u></div>
<div><u>Prescott 1.90 5.20 204.81 1.47 4.85 190.74<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.37 1/2<br>
</u></div>
<div><u>*Wet Bid<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3562 up 0.0059<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> AUG20 HI 8.96 NOV20 HI 8.93 1/2<br>
</u></div>
<div><u> LOW 8.86 3/4 LOW 8.83<br>
</u></div>
<div><u> CLOSE8.93 1/2 Up 7 1/4 CLOSE 8.91 Up 8 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP<br>
</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +AUG20+NOV20+NOV20<br>
</u></div>
<div><u>CK Low 2.70 11.64 427.51 2.59 11.50 422.55<br>
</u></div>
<div><u>CK High 2.80 11.74 431.19 2.65 11.56 424.76<br>
</u></div>
<div><u>CK Average 2.78 -0.29 11.72 430.58 2.62 -0.41 11.53 423.47<br>
</u></div>
<div><u>Essex Cty 2.80 11.74 431.19 2.60 11.51 422.92<br>
</u></div>
<div><u>Mdsx Low 2.78 11.72 430.45 2.57 11.48 421.82<br>
</u></div>
<div><u>Mdsx High 2.80 11.74 431.19 2.65 11.56 424.76<br>
</u></div>
<div><u>Mdsx Average2.79 -0.29 11.73 430.82 2.61 -0.41 11.52 423.29<br>
</u></div>
<div><u>Hensall 2.80 11.74 431.19 2.62 11.53 423.53<br>
</u></div>
<div><u>Bruce 2.80 11.74 431.19 2.60 11.51 422.92<br>
</u></div>
<div><u>Putnam 2.80 11.74 431.19 2.65 11.56 424.76<br>
</u></div>
<div><u>Burford 2.85 11.79 433.02 2.64 11.55 424.39<br>
</u></div>
<div><u>Port Perry 2.80 11.74 431.19 2.59 11.50 422.55<br>
</u></div>
<div><u>Norfolk 2.80 11.74 431.19 2.65 11.56 424.76<br>
</u></div>
<div><u>Palmerston 2.88 11.82 434.13 2.66 11.57 425.12<br>
</u></div>
<div><u>Varna 2.80 11.74 431.19 2.60 11.51 422.92<br>
</u></div>
<div><u>Trenton N/A 2.60 11.51 422.92<br>
</u></div>
<div><u>Winchester 2.75 11.69 429.35 2.65 11.56 424.76<br>
</u></div>
<div><u>North Gower 2.75 11.69 429.35 2.67 11.58 425.49<br>
</u></div>
<div><u>Vankleek Hil N/A 2.91 11.82 434.31<br>
</u></div>
<div><u>Huron FOB 2.81 11.75 431.55 2.63 11.54 424.02<br>
</u></div>
<div><u>Kent FOB 2.90 11.84 434.86 2.60 11.51 422.92<br>
</u></div>
<div><u>Lambton FOB 2.85 11.79 433.02 2.75 11.66 428.43<br>
</u></div>
<div><u>Mdsx FOB 2.80 3.01 N/A N/A 11.74 431.19 2.71 11.62 426.96<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.15 12.09 444.05 2.90 11.81 433.94<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.30 12.24 449.56 3.10 12.01 441.29<br>
</u></div>
<div><u>Prescott N/A 2.99 11.90 437.25<br>
</u></div>
<div><u>Port Colborn3.15 12.09 444.05 3.12 12.03 442.03<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 8.94 328.31 -0.34 8.57 314.93<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3562 up 0.0059<br>
</u></div>
<div><u>Chicago wheat closed moderately lower to lower.<br>
</u></div>
<div><u>SEP20 HI 5.51 1/2 JUL21 HI 5.54 3/4<br>
</u></div>
<div><u> LOW 5.34 LOW 5.43<br>
</u></div>
<div><u> CLOSE 5.35 1/4 Down 15 1/2 CLOSE 5.44 1/2 Down 8 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower to lower.<br>
</u></div>
<div><u>SEP20 HI 5.27 1/2 SEP21 HI 5.65 1/4<br>
</u></div>
<div><u> LOW 5.14 3/4 LOW 5.64<br>
</u></div>
<div><u> CLOSE 5.15 1/4 Down 12 1/2 CLOSE 5.64 1/2 Down 7 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 1.64 1.91 1.64 1.23<br>
</u></div>
<div><u>CAD $/bu 6.99 7.26 6.99 6.38<br>
</u></div>
<div><u>CAD $/tonne 256.76 266.73 256.76 234.34<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2020 Harvest 2021<br>
</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS<br>
</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<br>
</u></div>
<div><u>ELEVATORS<br>
</u></div>
<div><u>Brgssvll N/A N/A 1.20 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>London 1.38 1.65 1.18 N/A 1.60 1.66 1.19 N/A<br>
</u></div>
<div><u>Hensall 1.45 N/A 1.20 N/A 1.40 N/A 1.15 N/A<br>
</u></div>
<div><u>Trenton N/A N/A 1.15 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Bruce 1.30 1.60 1.20 0.95 1.25 1.55 1.15 N/A<br>
</u></div>
<div><u>Essex N/A N/A 1.15 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Norwich 1.45 N/A 1.20 N/A 1.40 N/A 1.15 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.20 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Kent Bridge 1.45 N/A 1.20 N/A 1.40 N/A 1.15 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 1.15 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.15 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Palmerston N/A 1.64 1.20 1.16 N/A 1.74 1.26 0.85<br>
</u></div>
<div><u>Varna 1.45 1.60 1.20 N/A 1.40 1.55 1.15 N/A<br>
</u></div>
<div><u>Mitchell 1.45 1.55 1.20 N/A 1.40 1.50 1.15 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.38 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.55 1.38 1.12 N/A 1.63 1.37 1.00<br>
</u></div>
<div><u>W O Feed 1.92<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 1.65 N/A N/A N/A 1.59 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.04 N/A N/A N/A N/A N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.45US 7.39CA 5.40US 7.31CA<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 21 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 1.66 1.80 1.60 1.19<br>
</u></div>
<div><u>CAD $/bu 7.11 7.25 7.04 6.84<br>
</u></div>
<div><u>CAD $/tonne 261.25 266.23 258.76 251.28<br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures<br>
</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange<br>
</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS<br>
</u></div>
<div><u>FOB Hm Soymeal 476.98<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 185.00 - 195.00<br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<p style="text-decoration-line: underline; margin: 0in 0in 10pt; line-height: 115%; font-size: 11pt; font-family: Calibri, sans-serif;">
<br>
</p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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<span style="background:#FDFDFD">Click on this link:<span><span style="color:#333333"> </span></span></span><span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><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</span></span></p>
<p style="margin: 0in 0in 10pt; line-height: 115%; font-size: 11pt; font-family: Calibri, sans-serif;">
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