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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, July 23<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 1.3401 down 0.0019<br>
</u></div>
<div><u>Chicago corn closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.29 1/2 DEC20 HI 3.36 3/4<br>
</u></div>
<div><u> LOW 3.25 LOW 3.32 1/2<br>
</u></div>
<div><u> CLOSE3.28 Up 1/2 CLOSE 3.35 1/2 Up 3/4<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 4.78 188.18 0.95 4.31 169.48<br>
</u></div>
<div><u>CK High 1.55 4.83 190.15 1.00 4.36 171.45<br>
</u></div>
<div><u>CK Avg 1.53 0.31 4.81 189.16 0.96 -0.13 4.31 169.81<br>
</u></div>
<div><u>Essex Cty 1.55 4.83 190.15 0.95 4.31 169.48<br>
</u></div>
<div><u>Mdsx Low 1.50 4.78 188.18 0.95 4.31 169.48<br>
</u></div>
<div><u>Mdsx High 1.55 4.83 190.15 0.95 4.31 169.48<br>
</u></div>
<div><u>Mdsx Avg 1.53 0.31 4.81 189.16 0.95 -0.13 4.31 169.48<br>
</u></div>
<div><u>Hensall 1.52 4.80 188.84 1.00 4.36 171.45<br>
</u></div>
<div><u>Bruce 1.50 4.78 188.18 1.00 4.36 171.45<br>
</u></div>
<div><u>Putnam 1.50 4.78 188.18 0.95 4.31 169.48<br>
</u></div>
<div><u>Burford 1.55 4.83 190.15 0.95 4.31 169.48<br>
</u></div>
<div><u>Port Perry 1.55 4.83 190.15 1.25 4.61 181.29<br>
</u></div>
<div><u>Norfolk 1.55 4.83 190.15 0.95 4.31 169.48<br>
</u></div>
<div><u>Palmerston 1.38 4.66 183.46 1.00 4.36 171.45<br>
</u></div>
<div><u>Varna 1.50 4.78 188.18 1.00 4.36 171.45<br>
</u></div>
<div><u>Trenton 1.55 4.83 190.15 1.25 4.61 181.29<br>
</u></div>
<div><u>Winchester 1.50 4.78 188.18 1.40 4.76 187.20<br>
</u></div>
<div><u>North Gower 1.45 4.73 186.21 1.45 4.81 189.16<br>
</u></div>
<div><u>Vankleek HilN/A 1.08 4.44 174.60<br>
</u></div>
<div><u>Huron FOB 1.77 5.05 198.81 1.07 4.43 174.20<br>
</u></div>
<div><u>Kent FOB 1.75 5.03 198.02 1.05 4.41 173.42<br>
</u></div>
<div><u>Lamb FOB 1.71 4.99 196.45 1.10 4.46 175.39<br>
</u></div>
<div><u>Mdsx FOB 1.70 1.80N/A N/A 4.98 196.05 1.10 4.46 175.39<br>
</u></div>
<div><u>FOB SW Que 2.12 5.40 212.59N/A<br>
</u></div>
<div><u>Track 1.95 5.23 205.90N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A 1.67N/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 1.98 2.00 1.50 5.20 204.71 1.25 4.61 181.29<br>
</u></div>
<div><u>Sarn-Eth N/A N/A 2.00N/A 1.15 4.51 177.35<br>
</u></div>
<div><u>London-Ing N/A N/A N/A 1.40 1.30 4.66 183.26<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 4.91 193.10<br>
</u></div>
<div><u>W O Feed 1.95 5.23 205.97<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.92 5.20 204.71<br>
</u></div>
<div><u>Toledo El. -0.07 3.21 126.49 -0.27 3.09 121.56<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 2.00 5.28 207.86 1.35 4.71 185.23<br>
</u></div>
<div><u>Prescott 1.71 4.99 196.45 1.35 4.71 185.23<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.35 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 1.3401 down 0.0019<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 9.01 NOV20 HI 9.01<br>
</u></div>
<div><u> LOW 8.93 1/2 LOW 8.93 1/2<br>
</u></div>
<div><u> CLOSE9.00 Up 4 1/2 CLOSE 9.00 Up 4 1/2<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 +NOV20+NOV20+NOV20<br>
</u></div>
<div><u>CK Low 2.69 11.69 429.53 2.55 11.55 424.39<br>
</u></div>
<div><u>CK High 2.75 11.75 431.74 2.65 11.65 428.06<br>
</u></div>
<div><u>CK Average 2.73 -0.25 11.73 430.93 2.60 -0.32 11.60 426.23<br>
</u></div>
<div><u>Essex Cty 2.70 11.70 429.90 2.55 11.55 424.39<br>
</u></div>
<div><u>Mdsx Low 2.67 11.67 428.80 2.53 11.53 423.65<br>
</u></div>
<div><u>Mdsx High 2.75 11.75 431.74 2.60 11.60 426.23<br>
</u></div>
<div><u>Mdsx Average2.71 -0.26 11.71 430.27 2.57 -0.34 11.57 424.94<br>
</u></div>
<div><u>Hensall 2.70 11.70 429.78 2.60 11.60 426.23<br>
</u></div>
<div><u>Bruce 2.64 11.64 427.70 2.60 11.60 426.23<br>
</u></div>
<div><u>Putnam 2.75 11.75 431.74 2.60 11.60 426.23<br>
</u></div>
<div><u>Burford 2.74 11.74 431.37 2.60 11.60 426.23<br>
</u></div>
<div><u>Port Perry 2.69 11.69 429.53 2.55 11.55 424.39<br>
</u></div>
<div><u>Norfolk 2.75 11.75 431.74 2.60 11.60 426.23<br>
</u></div>
<div><u>Palmerston 2.72 11.72 430.64 2.53 11.53 423.65<br>
</u></div>
<div><u>Varna 2.64 11.64 427.70 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 N/A 2.60 11.60 426.23<br>
</u></div>
<div><u>North Gower 2.69 11.69 429.53 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 2.77 11.77 432.47 2.63 11.63 427.33<br>
</u></div>
<div><u>Kent FOB 2.80 11.80 433.58 2.60 11.60 426.23<br>
</u></div>
<div><u>Lambton FOB 2.69 11.69 429.53 2.70 11.70 429.90<br>
</u></div>
<div><u>Mdsx FOB 2.79 2.86 N/A N/A 11.79 433.21 2.66 11.66 428.43<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.99 11.99 440.56 2.79 11.79 433.21<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.20 12.20 448.27 3.05 12.05 442.76<br>
</u></div>
<div><u>Prescott N/A 3.06 12.06 443.13<br>
</u></div>
<div><u>Port Colborn3.00 12.00 440.92 3.07 12.07 443.50<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 9.00 330.69 -0.33 8.67 318.42<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3401 down 0.0019<br>
</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.<br>
</u></div>
<div><u>SEP20 HI 5.36 JUL21 HI 5.46<br>
</u></div>
<div><u> LOW 5.27 LOW 5.38<br>
</u></div>
<div><u> CLOSE 5.29 1/2 Down 5 CLOSE 5.39 1/2 Down 6<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.<br>
</u></div>
<div><u>SEP20 HI 5.14 1/2 SEP21 HI 5.69<br>
</u></div>
<div><u> LOW 5.09 1/2 LOW 5.62 1/2<br>
</u></div>
<div><u> CLOSE 5.10 Down 4 3/4 CLOSE 5.62 1/2 Down 2 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 1.53 1.80 1.53 1.13<br>
</u></div>
<div><u>CAD $/bu 6.83 7.10 6.83 6.23<br>
</u></div>
<div><u>CAD $/tonne 250.88 260.73 250.88 228.97<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 1.15 N/A N/A N/A 1.10 N/A<br>
</u></div>
<div><u>London 1.29 1.55 1.08 N/A 1.52 1.59 1.12 N/A<br>
</u></div>
<div><u>Hensall 1.40 N/A 1.15 N/A 1.35 N/A 1.10 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 1.25 1.55 1.15 0.95 1.20 1.50 1.10 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 1.40 N/A 1.15 N/A 1.35 N/A 1.10 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.15 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Kent Bridge 1.40 N/A 1.15 N/A 1.35 N/A 1.10 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 1.53 1.13 1.06 N/A 1.64 1.17 0.79<br>
</u></div>
<div><u>Varna 1.40 1.55 1.15 N/A 1.35 1.50 1.10 N/A<br>
</u></div>
<div><u>Mitchell 1.40 1.50 1.15 N/A 1.35 1.45 1.10 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.28 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 1.61 1.35 1.00<br>
</u></div>
<div><u>W O Feed 1.68<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 1.55 N/A N/A N/A 1.52 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.93 N/A N/A N/A N/A N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.35US 7.16CA 5.35US 7.14CA<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 1.55 1.68 1.48 1.09<br>
</u></div>
<div><u>CAD $/bu 6.94 7.08 6.87 6.71<br>
</u></div>
<div><u>CAD $/tonne 255.06 259.97 252.60 246.71<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 480.73<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: 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>
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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>
<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>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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