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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, July 28</u>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.336 up 0.0004</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.23 1/2 DEC20 HI 3.32 1/2</u></div>
<div><u> LOW 3.20 LOW 3.29</u></div>
<div><u> CLOSE3.20 Down 5 CLOSE 3.30 Down 4 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 4.75 187.00 0.95 4.25 167.32</u></div>
<div><u>CK High 1.55 4.75 187.00 1.00 4.30 169.28</u></div>
<div><u>CK Avg 1.55 0.36 4.75 187.00 0.96 -0.11 4.26 167.64</u></div>
<div><u>Essex Cty 1.55 4.75 187.00 0.95 4.25 167.32</u></div>
<div><u>Mdsx Low 1.55 4.75 187.00 0.95 4.25 167.32</u></div>
<div><u>Mdsx High 1.55 4.75 187.00 1.00 4.30 169.28</u></div>
<div><u>Mdsx Avg 1.55 0.36 4.75 187.00 0.98 -0.10 4.28 168.30</u></div>
<div><u>Hensall 1.57 4.77 187.66 1.02 4.32 169.94</u></div>
<div><u>Bruce 1.55 4.75 187.00 1.00 4.30 169.28</u></div>
<div><u>Putnam 1.55 4.75 187.00 0.95 4.25 167.32</u></div>
<div><u>Burford 1.55 4.75 187.00 0.95 4.25 167.32</u></div>
<div><u>Port Perry 1.55 4.75 187.00 1.25 4.55 179.13</u></div>
<div><u>Norfolk 1.55 4.75 187.00 0.95 4.25 167.32</u></div>
<div><u>Palmerston 1.48 4.68 184.24 0.97 4.27 168.10</u></div>
<div><u>Varna 1.55 4.75 187.00 1.00 4.30 169.28</u></div>
<div><u>Trenton 1.55 4.75 187.00 1.25 4.55 179.13</u></div>
<div><u>Winchester 1.55 4.75 187.00 1.40 4.70 185.03</u></div>
<div><u>North Gower 1.50 4.70 185.03 1.45 4.75 187.00</u></div>
<div><u>Vankleek HilN/A 1.17 4.47 175.98</u></div>
<div><u>Huron FOB 1.77 4.97 195.66 1.07 4.37 172.04</u></div>
<div><u>Kent FOB 1.75 4.95 194.87 1.05 4.35 171.25</u></div>
<div><u>Lamb FOB 1.72 4.92 193.69 1.05 4.35 171.25</u></div>
<div><u>Mdsx FOB N/A 1.80 1.80N/A 1.10 4.40 173.22</u></div>
<div><u>FOB SW Que 2.14 5.34 210.23N/A</u></div>
<div><u>Track 1.93 5.13 201.96N/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 5.12 201.57 1.25 4.55 179.13</u></div>
<div><u>Sarn-Eth N/A 2.05 2.05N/A 1.30 4.60 181.09</u></div>
<div><u>London-Ing N/A N/A N/A 1.40 1.30 4.60 181.09</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 4.85 190.94</u></div>
<div><u>W O Feed 1.96 5.16 202.98</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.88 5.08 199.99</u></div>
<div><u>Toledo El. -0.07 3.13 123.35 -0.27 3.03 119.41</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 5.20 204.71 1.35 4.65 183.06</u></div>
<div><u>Prescott 1.78 4.98 196.05 1.40 4.70 185.03</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.30</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.336 up 0.0004</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 8.96 1/2 NOV20 HI 8.96 1/2</u></div>
<div><u> LOW 8.83 LOW 8.83</u></div>
<div><u> CLOSE8.87 1/2 Down 12 1/4 CLOSE 8.87 1/2 Down 12 1/4</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 Basis U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +NOV20+NOV20+NOV20</u></div>
<div><u>CK Low 2.62 11.50 422.37 2.54 11.42 419.43</u></div>
<div><u>CK High 2.65 11.53 423.47 2.60 11.48 421.63</u></div>
<div><u>CK Average 2.65 -0.25 11.52 423.29 2.57 -0.30 11.44 420.35</u></div>
<div><u>Essex Cty 2.65 11.53 423.47 2.50 11.38 417.96</u></div>
<div><u>Mdsx Low 2.60 11.48 421.63 2.52 11.40 418.69</u></div>
<div><u>Mdsx High 2.65 11.53 423.47 2.55 11.43 419.80</u></div>
<div><u>Mdsx Average2.63 -0.27 11.50 422.55 2.54 -0.32 11.41 419.25</u></div>
<div><u>Hensall 2.68 11.56 424.70 2.58 11.46 421.02</u></div>
<div><u>Bruce 2.70 11.58 425.31 2.55 11.43 419.80</u></div>
<div><u>Putnam 2.65 11.53 423.47 2.55 11.43 419.80</u></div>
<div><u>Burford 2.67 11.55 424.21 2.59 11.47 421.27</u></div>
<div><u>Port Perry 2.62 11.50 422.37 2.54 11.42 419.43</u></div>
<div><u>Norfolk 2.65 11.53 423.47 2.55 11.43 419.80</u></div>
<div><u>Palmerston 2.53 11.41 419.06 2.48 11.36 417.22</u></div>
<div><u>Varna 2.61 11.49 422.00 2.60 11.48 421.63</u></div>
<div><u>Trenton N/A 2.60 11.48 421.63</u></div>
<div><u>Winchester 2.65 11.53 423.47 2.65 11.53 423.47</u></div>
<div><u>North Gower 2.59 11.47 421.27 2.65 11.53 423.47</u></div>
<div><u>Vankleek Hil N/A 2.80 11.68 428.98</u></div>
<div><u>Huron FOB 2.77 11.65 427.88 2.63 11.51 422.74</u></div>
<div><u>Kent FOB 2.65 11.53 423.47 2.55 11.43 419.80</u></div>
<div><u>Lambton FOB 2.75 11.63 427.15 2.65 11.53 423.47</u></div>
<div><u>Mdsx FOB N/A 2.79 2.65 N/A 2.58 11.46 420.90</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.88 11.76 431.92 2.71 11.59 425.68</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.15 12.03 441.84 3.00 11.88 436.33</u></div>
<div><u>Prescott N/A 3.00 11.88 436.33</u></div>
<div><u>Port Colborn3.00 11.88 436.33 2.88 11.76 431.92</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 8.88 326.10 -0.33 8.54 313.85</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.336 up 0.0004</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>SEP20 HI 5.29 3/4 JUL21 HI 5.45 1/4</u></div>
<div><u> LOW 5.19 1/4 LOW 5.38</u></div>
<div><u> CLOSE 5.23 1/2 Down 4 1/4 CLOSE 5.40 1/2 Down 4 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>SEP20 HI 5.12 1/4 SEP21 HI 5.60 1/4</u></div>
<div><u> LOW 5.06 LOW 5.60 1/4</u></div>
<div><u> CLOSE 5.06 1/4 Down 1 3/4 CLOSE 5.60 1/4 Down 1/4</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 1.49 1.76 1.49 1.10</u></div>
<div><u>CAD $/bu 6.73 6.99 6.73 6.16</u></div>
<div><u>CAD $/tonne 247.17 256.99 247.17 226.43</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 1.22 1.49 1.02 N/A 1.48 1.55 1.08 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 1.10 N/A N/A N/A 1.10 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 1.10 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 1.49 1.09 1.04 N/A 1.63 1.16 0.76</u></div>
<div><u>Varna 1.35 1.50 1.10 N/A 1.35 1.50 1.10 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 1.19 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.60 1.40 1.05 N/A 1.66 1.36 1.00</u></div>
<div><u>W O Feed 1.61</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.49 N/A N/A N/A 1.48 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.89 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.29US 7.06CA 5.36US 7.14CA</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 1.54 1.67 1.47 1.07</u></div>
<div><u>CAD $/bu 6.94 7.08 6.88 6.67</u></div>
<div><u>CAD $/tonne 255.10 260.00 252.65 245.18</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 479.29</u></div>
<div><u>DDG's FOB Srn & Aylm 185.00 - 205.00</u></div>
<div><u><br>
</u></div>
<br>
<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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