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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, August 3</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 1.3385 down 0.0007</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.18 1/4 DEC20 HI 3.29</u></div>
<div><u> LOW 3.15 LOW 3.26</u></div>
<div><u> CLOSE3.17 1/2 Up 1 1/2 CLOSE 3.28 1/2 Up 1 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 +DEC20+DEC20+DEC20</u></div>
<div><u>CK Low 1.55 4.73 186.02 0.95 4.24 166.72</u></div>
<div><u>CK High 1.65 4.83 189.95 1.00 4.29 168.69</u></div>
<div><u>CK Avg 1.57 0.37 4.74 186.67 0.96 -0.12 4.24 167.05</u></div>
<div><u>Essex Cty 1.65 4.83 189.95 0.95 4.24 166.72</u></div>
<div><u>Mdsx Low 1.55 4.73 186.02 0.95 4.24 166.72</u></div>
<div><u>Mdsx High 1.55 4.73 186.02 1.00 4.29 168.69</u></div>
<div><u>Mdsx Avg 1.55 0.36 4.73 186.02 0.98 -0.11 4.26 167.71</u></div>
<div><u>Hensall 1.58 4.76 187.33 1.02 4.30 169.35</u></div>
<div><u>Bruce 1.55 4.73 186.02 1.00 4.29 168.69</u></div>
<div><u>Putnam 1.55 4.73 186.02 0.95 4.24 166.72</u></div>
<div><u>Burford 1.55 4.73 186.02 0.95 4.24 166.72</u></div>
<div><u>Port Perry 1.55 4.73 186.02 1.25 4.54 178.54</u></div>
<div><u>Norfolk 1.65 4.83 189.95 0.95 4.24 166.72</u></div>
<div><u>Palmerston 1.48 4.66 183.26 0.98 4.27 167.91</u></div>
<div><u>Varna 1.55 4.73 186.02 1.00 4.29 168.69</u></div>
<div><u>Trenton 1.55 4.73 186.02 1.25 4.54 178.54</u></div>
<div><u>Winchester 1.55 4.73 186.02 1.40 4.69 184.44</u></div>
<div><u>North Gower 1.50 4.68 184.05 1.45 4.74 186.41</u></div>
<div><u>Vankleek HilN/A 1.17 4.46 175.39</u></div>
<div><u>Huron FOB 1.84 5.02 197.43 1.05 4.34 170.66</u></div>
<div><u>Kent FOB 1.85 5.03 197.83 1.05 4.34 170.66</u></div>
<div><u>Lamb FOB 1.83 5.01 197.04 1.05 4.34 170.66</u></div>
<div><u>Mdsx FOB 1.80 1.80N/A N/A 4.98 195.86 1.10 4.39 172.63</u></div>
<div><u>FOB SW Que 2.13 5.31 208.85N/A</u></div>
<div><u>Track 2.11 5.28 207.86N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.83N/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 2.00 2.00 1.80N/A 5.18 203.73 1.25 4.54 178.54</u></div>
<div><u>Sarn-Eth N/A 2.00N/A N/A 1.15 4.44 174.60</u></div>
<div><u>London-Ing N/A 2.05 2.10N/A 1.35 4.64 182.47</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 2.10N/A 1.55 4.84 190.35</u></div>
<div><u>W O Feed 2.06 5.24 206.09</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.88 5.06 199.01</u></div>
<div><u>Toledo El. -0.07 3.11 122.36 -0.27 3.02 118.77</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 5.18 203.73 1.35 4.64 182.47</u></div>
<div><u>Prescott 1.78 4.96 195.07 1.40 4.69 184.44</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.28 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 1.3385 down 0.0007</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 8.99 3/4 NOV20 HI 8.99 3/4</u></div>
<div><u> LOW 8.91 1/4 LOW 8.91 1/4</u></div>
<div><u> CLOSE8.96 1/4 Up 3 3/4 CLOSE 8.96 1/4 Up 3 3/4</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 2.60 11.56 424.85 2.55 11.51 423.01</u></div>
<div><u>CK High 2.65 11.61 426.69 2.60 11.56 424.85</u></div>
<div><u>CK Average 2.63 -0.31 11.59 425.77 2.57 -0.36 11.53 423.75</u></div>
<div><u>Essex Cty 2.60 11.56 424.85 2.50 11.46 421.17</u></div>
<div><u>Mdsx Low 2.63 11.59 425.95 2.55 11.51 423.01</u></div>
<div><u>Mdsx High 2.65 11.61 426.69 2.60 11.56 424.85</u></div>
<div><u>Mdsx Average2.64 -0.29 11.60 426.32 2.58 -0.36 11.54 423.93</u></div>
<div><u>Hensall 2.62 11.58 425.46 2.55 11.51 423.01</u></div>
<div><u>Bruce 2.60 11.56 424.85 2.50 11.46 421.17</u></div>
<div><u>Putnam 2.65 11.61 426.69 2.60 11.56 424.85</u></div>
<div><u>Burford 2.70 11.66 428.52 2.62 11.58 425.58</u></div>
<div><u>Port Perry 2.65 11.61 426.69 2.57 11.53 423.75</u></div>
<div><u>Norfolk 2.60 11.56 424.85 2.55 11.51 423.01</u></div>
<div><u>Palmerston 2.59 11.55 424.48 2.54 11.50 422.64</u></div>
<div><u>Varna 2.60 11.56 424.85 2.50 11.46 421.17</u></div>
<div><u>Trenton N/A 2.55 11.51 423.01</u></div>
<div><u>Winchester 2.65 11.61 426.69 2.65 11.61 426.69</u></div>
<div><u>North Gower 2.68 11.64 427.79 2.65 11.61 426.69</u></div>
<div><u>Vankleek Hil N/A 2.80 11.76 432.20</u></div>
<div><u>Huron FOB 2.70 11.66 428.52 2.58 11.54 424.11</u></div>
<div><u>Kent FOB 2.65 11.61 426.69 2.55 11.51 423.01</u></div>
<div><u>Lambton FOB 2.80 11.76 432.20 2.70 11.66 428.52</u></div>
<div><u>Mdsx FOB 2.84 2.70 N/A N/A 11.80 433.67 2.70 11.66 428.52</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.93 11.89 436.97 2.77 11.73 431.10</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.15 12.11 445.06 3.00 11.96 439.55</u></div>
<div><u>Prescott N/A 3.00 11.96 439.55</u></div>
<div><u>Port Colborn3.07 12.03 442.12 2.95 11.91 437.71</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 8.96 329.32 -0.34 8.63 317.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3385 down 0.0007</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>SEP20 HI 5.28 1/4 JUL21 HI 5.45 3/4</u></div>
<div><u> LOW 5.17 LOW 5.37</u></div>
<div><u> CLOSE 5.21 Down 10 1/4 CLOSE 5.41 3/4 Down 7 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.</u></div>
<div><u>SEP20 HI 5.10 1/2 SEP21 HI 5.61 1/4</u></div>
<div><u> LOW 5.05 1/4 LOW 5.60 1/4</u></div>
<div><u> CLOSE 5.06 1/2 Down 7 1/2 CLOSE 5.61 1/4 Down 3 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 1.56 1.76 1.50 1.25</u></div>
<div><u>CAD $/bu 6.77 6.97 6.71 6.31</u></div>
<div><u>CAD $/tonne 248.86 256.24 246.40 231.89</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 1.25 1.50 1.05 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 1.10 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Bruce 1.20 1.45 1.10 0.95 1.20 1.45 1.10 N/A</u></div>
<div><u>Essex N/A N/A 1.10 N/A N/A N/A 1.15 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 1.15 N/A</u></div>
<div><u>Brigden N/A N/A 1.10 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Palmerston N/A 1.50 1.10 1.05 N/A 1.64 1.17 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 1.20 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.65 1.45 1.10 N/A 1.60 1.40 1.05</u></div>
<div><u>W O Feed 1.62</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.52 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. 5.21US 6.97CA 5.37US 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 1.58 1.71 1.51 1.11</u></div>
<div><u>CAD $/bu 6.99 7.13 6.93 6.72</u></div>
<div><u>CAD $/tonne 257.02 261.94 254.56 246.92</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 476.54</u></div>
<div><u>DDG's FOB Srn & Aylm 185.00 - 205.00</u></div>
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<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </o:p></span></p>
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<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<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">
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