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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, July 20<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 1.3527 down 0.0042<br>
</u></div>
<div><u>Chicago corn closed slightly to moderately lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.33 1/2 DEC20 HI 3.40<br>
</u></div>
<div><u> LOW 3.26 LOW 3.32 1/2<br>
</u></div>
<div><u> CLOSE3.28 1/4 Down 4 3/4 CLOSE 3.35 3/4 Down 4<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 1.50 4.78 188.28 1.00 4.36 171.55<br>
</u></div>
<div><u>CK High 1.50 4.78 188.28 1.00 4.36 171.55<br>
</u></div>
<div><u>CK Avg 1.50 0.25 4.78 188.28 1.00 -0.14 4.36 171.55<br>
</u></div>
<div><u>Essex Cty 1.50 4.78 188.28 1.00 4.36 171.55<br>
</u></div>
<div><u>Mdsx Low 1.50 4.78 188.28 1.00 4.36 171.55<br>
</u></div>
<div><u>Mdsx High 1.50 4.78 188.28 1.00 4.36 171.55<br>
</u></div>
<div><u>Mdsx Avg 1.50 0.25 4.78 188.28 1.00 -0.14 4.36 171.55<br>
</u></div>
<div><u>Hensall 1.48 4.77 187.62 1.02 4.37 172.20<br>
</u></div>
<div><u>Bruce 1.45 4.73 186.31 1.00 4.36 171.55<br>
</u></div>
<div><u>Putnam 1.50 4.78 188.28 1.00 4.36 171.55<br>
</u></div>
<div><u>Burford 1.50 4.78 188.28 1.00 4.36 171.55<br>
</u></div>
<div><u>Port Perry 1.55 4.83 190.25 1.30 4.66 183.36<br>
</u></div>
<div><u>Norfolk 1.50 4.78 188.28 1.00 4.36 171.55<br>
</u></div>
<div><u>Palmerston 1.39 4.67 183.95 0.91 4.27 168.00<br>
</u></div>
<div><u>Varna 1.45 4.73 186.31 1.00 4.36 171.55<br>
</u></div>
<div><u>Trenton 1.55 4.83 190.25 1.25 4.61 181.39<br>
</u></div>
<div><u>Winchester 1.50 4.78 188.28 1.40 4.76 187.29<br>
</u></div>
<div><u>North Gower 1.45 4.73 186.31 1.45 4.81 189.26<br>
</u></div>
<div><u>Vankleek HilN/A 1.08 4.44 174.70<br>
</u></div>
<div><u>Huron FOB 1.67 4.95 194.97 1.08 4.44 174.70<br>
</u></div>
<div><u>Kent FOB 1.65 4.93 194.18 1.10 4.46 175.48<br>
</u></div>
<div><u>Lamb FOB 1.67 4.95 194.97 1.10 4.46 175.48<br>
</u></div>
<div><u>Mdsx FOB 1.70 1.80N/A N/A 4.98 196.15 1.10 4.46 175.48<br>
</u></div>
<div><u>FOB SW Que 2.10 5.38 211.90N/A<br>
</u></div>
<div><u>Track 1.95 5.23 205.80N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.54N/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 1.92 1.96 1.90 1.50 5.20 204.81 1.25 4.61 181.39<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 4.66 183.36<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 4.91 193.20<br>
</u></div>
<div><u>W O Feed 1.97 5.25 206.70<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.97 5.25 206.78<br>
</u></div>
<div><u>Toledo El. -0.07 3.21 126.56 -0.27 3.09 121.53<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 2.00 5.28 207.96 1.40 4.76 187.29<br>
</u></div>
<div><u>Prescott 1.71 4.99 196.55 1.35 4.71 185.33<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.35 3/4<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 1.3527 down 0.0042<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> AUG20 HI 9.05 1/2 NOV20 HI 9.02<br>
</u></div>
<div><u> LOW 8.97 LOW 8.93 3/4<br>
</u></div>
<div><u> CLOSE9.03 Up 5 CLOSE 9.00 Up 5<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 2.72 11.75 431.74 2.60 11.60 426.23<br>
</u></div>
<div><u>CK High 2.80 11.83 434.68 2.65 11.65 428.06<br>
</u></div>
<div><u>CK Average 2.77 -0.31 11.80 433.45 2.63 -0.40 11.63 427.21<br>
</u></div>
<div><u>Essex Cty 2.72 11.75 431.74 2.60 11.60 426.23<br>
</u></div>
<div><u>Mdsx Low 2.71 11.74 431.37 2.59 11.59 425.86<br>
</u></div>
<div><u>Mdsx High 2.80 11.83 434.68 2.65 11.65 428.06<br>
</u></div>
<div><u>Mdsx Average2.76 -0.32 11.79 433.02 2.62 -0.41 11.62 426.96<br>
</u></div>
<div><u>Hensall 2.80 11.83 434.68 2.62 11.62 426.84<br>
</u></div>
<div><u>Bruce 2.80 11.83 434.68 2.60 11.60 426.23<br>
</u></div>
<div><u>Putnam 2.80 11.83 434.68 2.65 11.65 428.06<br>
</u></div>
<div><u>Burford 2.78 11.81 433.94 2.66 11.66 428.43<br>
</u></div>
<div><u>Port Perry 2.73 11.76 432.11 2.61 11.61 426.59<br>
</u></div>
<div><u>Norfolk 2.80 11.83 434.68 2.65 11.65 428.06<br>
</u></div>
<div><u>Palmerston 2.89 11.92 437.99 2.67 11.67 428.80<br>
</u></div>
<div><u>Varna 2.80 11.83 434.68 2.60 11.60 426.23<br>
</u></div>
<div><u>Trenton N/A 2.60 11.60 426.23<br>
</u></div>
<div><u>Winchester 2.75 11.78 432.84 2.60 11.60 426.23<br>
</u></div>
<div><u>North Gower 2.75 11.78 432.84 2.67 11.67 428.80<br>
</u></div>
<div><u>Vankleek Hil N/A 2.92 11.92 437.99<br>
</u></div>
<div><u>Huron FOB 2.81 11.84 435.05 2.63 11.63 427.33<br>
</u></div>
<div><u>Kent FOB 2.82 11.85 435.41 2.65 11.65 428.06<br>
</u></div>
<div><u>Lambton FOB 2.80 11.83 434.68 2.70 11.70 429.90<br>
</u></div>
<div><u>Mdsx FOB 2.90 2.97 N/A N/A 11.93 438.35 2.78 11.78 432.84<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.15 12.18 447.54 2.91 11.91 437.62<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.30 12.33 453.05 3.10 12.10 444.60<br>
</u></div>
<div><u>Prescott N/A 3.06 12.06 443.13<br>
</u></div>
<div><u>Port Colborn3.11 12.14 446.07 3.19 12.19 447.91<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 9.03 331.80 -0.34 8.66 318.27<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3527 down 0.0042<br>
</u></div>
<div><u>Chicago wheat closed moderately lower to lower.<br>
</u></div>
<div><u>SEP20 HI 5.35 1/4 JUL21 HI 5.43 3/4<br>
</u></div>
<div><u> LOW 5.17 LOW 5.31 1/4<br>
</u></div>
<div><u> CLOSE 5.22 Down 12 3/4 CLOSE 5.34 3/4 Down 8 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.<br>
</u></div>
<div><u>SEP20 HI 5.13 1/2 SEP21 HI 5.63 3/4<br>
</u></div>
<div><u> LOW 5.04 1/2 LOW 5.60 1/4<br>
</u></div>
<div><u> CLOSE 5.06 1/2 Down 6 1/4 CLOSE 5.61 Down 3 1/2<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 1.57 1.84 1.57 1.18<br>
</u></div>
<div><u>CAD $/bu 6.79 7.06 6.79 6.24<br>
</u></div>
<div><u>CAD $/tonne 249.51 259.46 249.51 229.38<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 1.33 1.60 1.13 N/A 1.57 1.64 1.17 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 1.20 N/A N/A N/A 1.20 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 1.15 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 1.20 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.20 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Palmerston N/A 1.57 1.14 1.11 N/A 1.73 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 1.29 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 1.86<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 1.60 N/A N/A N/A 1.57 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.98 N/A N/A N/A N/A N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.27US 7.13CA 5.30US 7.16CA<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 1.61 1.75 1.55 1.17<br>
</u></div>
<div><u>CAD $/bu 6.96 7.10 6.89 6.78<br>
</u></div>
<div><u>CAD $/tonne 255.80 260.77 253.31 248.97<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 478.85<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 185.00 - 195.00<br>
</u></div>
<u><span></span><br>
</u></div>
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<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"">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
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<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>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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