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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, July 27</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3356 down 0.0065</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.27 1/2 DEC20 HI 3.36 1/2</u></div>
<div><u> LOW 3.23 1/4 LOW 3.32 1/2</u></div>
<div><u> CLOSE3.25 Down 1 1/4 CLOSE 3.34 1/2 Down 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 +SEP20+DEC20+DEC20</u></div>
<div><u>CK Low 1.55 4.80 188.97 0.95 4.30 169.09</u></div>
<div><u>CK High 1.55 4.80 188.97 1.00 4.35 171.06</u></div>
<div><u>CK Avg 1.55 0.34 4.80 188.97 0.96 -0.12 4.30 169.41</u></div>
<div><u>Essex Cty 1.55 4.80 188.97 0.95 4.30 169.09</u></div>
<div><u>Mdsx Low 1.55 4.80 188.97 0.95 4.30 169.09</u></div>
<div><u>Mdsx High 1.55 4.80 188.97 1.00 4.35 171.06</u></div>
<div><u>Mdsx Avg 1.55 0.34 4.80 188.97 0.98 -0.11 4.32 170.07</u></div>
<div><u>Hensall 1.57 4.82 189.62 1.02 4.36 171.71</u></div>
<div><u>Bruce 1.55 4.80 188.97 1.00 4.35 171.06</u></div>
<div><u>Putnam 1.55 4.80 188.97 0.95 4.30 169.09</u></div>
<div><u>Burford 1.55 4.80 188.97 0.95 4.30 169.09</u></div>
<div><u>Port Perry 1.55 4.80 188.97 1.25 4.60 180.90</u></div>
<div><u>Norfolk 1.55 4.80 188.97 0.95 4.30 169.09</u></div>
<div><u>Palmerston 1.49 4.74 186.61 0.99 4.34 170.66</u></div>
<div><u>Varna 1.55 4.80 188.97 1.00 4.35 171.06</u></div>
<div><u>Trenton 1.55 4.80 188.97 1.25 4.60 180.90</u></div>
<div><u>Winchester 1.55 4.80 188.97 1.40 4.75 186.80</u></div>
<div><u>North Gower 1.50 4.75 187.00 1.45 4.80 188.77</u></div>
<div><u>Vankleek HilN/A 1.17 4.52 177.75</u></div>
<div><u>Huron FOB 1.77 5.02 197.63 1.07 4.42 173.81</u></div>
<div><u>Kent FOB 1.75 5.00 196.84 1.05 4.40 173.02</u></div>
<div><u>Lamb FOB 1.72 4.97 195.66 1.05 4.40 173.02</u></div>
<div><u>Mdsx FOB 1.70 1.80N/A N/A 4.95 194.87 1.10 4.45 174.99</u></div>
<div><u>FOB SW Que 2.10 5.35 210.62N/A</u></div>
<div><u>Track 1.94 5.19 204.32N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.87N/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 1.92 2.00 2.00 1.80 5.17 203.53 1.25 4.60 180.90</u></div>
<div><u>Sarn-Eth N/A N/A 2.00N/A 1.15 4.50 176.96</u></div>
<div><u>London-Ing N/A N/A N/A 1.40 1.30 4.65 182.87</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 N/A 2.05 1.55 4.90 192.71</u></div>
<div><u>W O Feed 1.96 5.21 205.11</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.89 5.14 202.35</u></div>
<div><u>Toledo El. -0.07 3.18 125.32 -0.27 3.08 121.18</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 5.25 206.68 1.35 4.70 184.83</u></div>
<div><u>Prescott 1.78 5.03 198.02 1.40 4.75 186.80</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.34 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3356 down 0.0065</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 9.03 3/4 NOV20 HI 9.03 3/4</u></div>
<div><u> LOW 8.95 LOW 8.95</u></div>
<div><u> CLOSE8.99 3/4 Up 1/2 CLOSE 8.99 3/4 Up 1/2</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 Basis U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +NOV20+NOV20+NOV20</u></div>
<div><u>CK Low 2.65 11.65 427.97 2.54 11.54 423.93</u></div>
<div><u>CK High 2.75 11.75 431.65 2.65 11.65 427.97</u></div>
<div><u>CK Average 2.69 -0.25 11.69 429.38 2.59 -0.32 11.59 425.77</u></div>
<div><u>Essex Cty 2.65 11.65 427.97 2.50 11.50 422.46</u></div>
<div><u>Mdsx Low 2.66 11.66 428.34 2.52 11.52 423.20</u></div>
<div><u>Mdsx High 2.70 11.70 429.81 2.60 11.60 426.14</u></div>
<div><u>Mdsx Average2.68 -0.25 11.68 429.07 2.56 -0.34 11.56 424.67</u></div>
<div><u>Hensall 2.68 11.67 428.95 2.60 11.60 426.14</u></div>
<div><u>Bruce 2.70 11.70 429.81 2.55 11.55 424.30</u></div>
<div><u>Putnam 2.70 11.70 429.81 2.60 11.60 426.14</u></div>
<div><u>Burford 2.73 11.73 430.91 2.59 11.59 425.77</u></div>
<div><u>Port Perry 2.68 11.68 429.07 2.54 11.54 423.93</u></div>
<div><u>Norfolk 2.65 11.65 427.97 2.55 11.55 424.30</u></div>
<div><u>Palmerston 2.58 11.58 425.40 2.53 11.53 423.56</u></div>
<div><u>Varna 2.63 11.63 427.24 2.60 11.60 426.14</u></div>
<div><u>Trenton N/A 2.60 11.60 426.14</u></div>
<div><u>Winchester 2.65 11.65 427.97 2.65 11.65 427.97</u></div>
<div><u>North Gower 2.61 11.61 426.50 2.65 11.65 427.97</u></div>
<div><u>Vankleek Hil N/A 2.80 11.80 433.48</u></div>
<div><u>Huron FOB 2.77 11.77 432.38 2.63 11.63 427.24</u></div>
<div><u>Kent FOB 2.75 11.75 431.65 2.55 11.55 424.30</u></div>
<div><u>Lambton FOB 2.68 11.68 429.07 2.70 11.70 429.81</u></div>
<div><u>Mdsx FOB 2.78 2.85 N/A N/A 11.78 432.75 2.65 11.65 427.97</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.91 11.91 437.53 2.75 11.75 431.65</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.20 12.20 448.18 3.05 12.05 442.67</u></div>
<div><u>Prescott N/A 3.00 12.00 440.83</u></div>
<div><u>Port Colborn2.99 11.99 440.47 3.06 12.06 443.04</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 9.00 330.60 -0.33 8.66 318.34</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3356 down 0.0065</u></div>
<div><u>Chicago wheat closed slightly lower to lower.</u></div>
<div><u>SEP20 HI 5.39 JUL21 HI 5.50 1/2</u></div>
<div><u> LOW 5.26 1/4 LOW 5.43 3/4</u></div>
<div><u> CLOSE 5.27 3/4 Down 11 3/4 CLOSE 5.44 3/4 Down 6</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.</u></div>
<div><u>SEP20 HI 5.14 3/4 SEP21 HI 5.60 1/2</u></div>
<div><u> LOW 5.07 1/2 LOW 5.60 1/4</u></div>
<div><u> CLOSE 5.08 Down 7 1/4 CLOSE 5.60 1/2 Down 4 1/2</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 1.50 1.77 1.50 1.10</u></div>
<div><u>CAD $/bu 6.78 7.05 6.78 6.18</u></div>
<div><u>CAD $/tonne 249.17 258.98 249.17 227.21</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2020 Harvest 2021</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 1.10 N/A N/A N/A 1.10 N/A</u></div>
<div><u>London 1.26 1.53 1.06 N/A 1.52 1.59 1.12 N/A</u></div>
<div><u>Hensall 1.35 N/A 1.10 N/A 1.35 N/A 1.10 N/A</u></div>
<div><u>Trenton N/A N/A 1.15 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Bruce 1.20 1.50 1.10 0.95 1.20 1.50 1.10 N/A</u></div>
<div><u>Essex N/A N/A 1.10 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Norwich 1.35 N/A 1.10 N/A 1.35 N/A 1.10 N/A</u></div>
<div><u>Port Hope N/A N/A 1.15 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Kent Bridge 1.35 N/A 1.10 N/A 1.35 N/A 1.10 N/A</u></div>
<div><u>Chatham N/A N/A 1.10 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.10 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A 1.51 1.11 1.04 N/A 1.68 1.21 0.78</u></div>
<div><u>Varna 1.40 1.55 1.15 N/A 1.40 1.55 1.15 N/A</u></div>
<div><u>Mitchell 1.35 1.45 1.10 N/A 1.35 1.45 1.10 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.26 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.55 1.45 1.10 N/A 1.62 1.41 0.95</u></div>
<div><u>W O Feed 1.66</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.53 N/A N/A N/A 1.52 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. 5.33US 7.12CA 5.40US 7.20CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 21 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.56 1.69 1.49 1.08</u></div>
<div><u>CAD $/bu 7.00 7.14 6.94 6.68</u></div>
<div><u>CAD $/tonne 257.34 262.24 254.89 245.45</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 483.15</u></div>
<div><u>DDG's FOB Srn & Aylm 185.00 - 205.00</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<p class="MsoNoSpacing" style=""><span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews<o:p style=""> </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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"><span style="color:#333333"> </span></span></span><span class="object"><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><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<o:p> </o:p></span></span></p>
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