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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, August 4</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3354 down 0.0031</u></div>
<div><u>Chicago corn closed moderately lower to lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.16 3/4 DEC20 HI 3.27 3/4</u></div>
<div><u> LOW 3.08 1/4 LOW 3.20</u></div>
<div><u> CLOSE3.08 1/4 Down 9 1/4 CLOSE 3.20 1/4 Down 8 1/4</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 4.63 182.37 0.95 4.15 163.48</u></div>
<div><u>CK High 1.65 4.73 186.31 1.00 4.20 165.45</u></div>
<div><u>CK Avg 1.60 0.42 4.68 184.34 0.96 -0.09 4.16 163.80</u></div>
<div><u>Essex Cty 1.65 4.73 186.31 0.95 4.15 163.48</u></div>
<div><u>Mdsx Low 1.60 4.68 184.34 0.95 4.15 163.48</u></div>
<div><u>Mdsx High 1.65 4.73 186.31 1.00 4.20 165.45</u></div>
<div><u>Mdsx Avg 1.63 0.44 4.71 185.33 0.98 -0.07 4.18 164.46</u></div>
<div><u>Hensall 1.65 4.73 186.31 1.02 4.22 166.10</u></div>
<div><u>Bruce 1.65 4.73 186.31 0.95 4.15 163.48</u></div>
<div><u>Putnam 1.60 4.68 184.34 0.95 4.15 163.48</u></div>
<div><u>Burford 1.65 4.73 186.31 0.95 4.15 163.48</u></div>
<div><u>Port Perry 1.65 4.73 186.31 1.25 4.45 175.29</u></div>
<div><u>Norfolk 1.65 4.73 186.31 0.95 4.15 163.48</u></div>
<div><u>Palmerston 1.43 4.51 177.65 0.94 4.14 163.08</u></div>
<div><u>Varna 1.55 4.63 182.37 1.00 4.20 165.45</u></div>
<div><u>Trenton 1.55 4.63 182.37 1.25 4.45 175.29</u></div>
<div><u>Winchester 1.55 4.63 182.37 1.40 4.60 181.19</u></div>
<div><u>North Gower 1.50 4.58 180.41 1.45 4.65 183.16</u></div>
<div><u>Vankleek HilN/A 1.17 4.37 172.14</u></div>
<div><u>Huron FOB 1.87 4.95 194.97 1.08 4.28 168.59</u></div>
<div><u>Kent FOB 1.85 4.93 194.18 1.05 4.25 167.41</u></div>
<div><u>Lamb FOB 1.83 4.91 193.40 1.05 4.25 167.41</u></div>
<div><u>Mdsx FOB 1.80 1.80N/A N/A 4.88 192.22 1.10 4.30 169.38</u></div>
<div><u>FOB SW Que 2.18 5.26 207.18N/A</u></div>
<div><u>Track 2.19 5.27 207.37N/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 5.08 200.09 1.25 4.45 175.29</u></div>
<div><u>Sarn-Eth N/A 2.00N/A N/A 1.15 4.35 171.35</u></div>
<div><u>London-Ing N/A 2.05 2.10N/A 1.35 4.55 179.22</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 4.75 187.10</u></div>
<div><u>W O Feed 2.10 5.19 204.12</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.83 4.91 193.40</u></div>
<div><u>Toledo El. -0.07 3.02 118.72 -0.27 2.94 115.56</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 5.08 200.09 1.35 4.55 179.22</u></div>
<div><u>Prescott 1.78 4.86 191.43 1.40 4.60 181.19</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.20 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3354 down 0.0031</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 8.95 1/4 NOV20 HI 8.95 1/4</u></div>
<div><u> LOW 8.79 1/4 LOW 8.79 1/4</u></div>
<div><u> CLOSE8.81 3/4 Down 14 1/2 CLOSE 8.81 3/4 Down 14 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 2.60 11.42 419.52 2.54 11.36 417.32</u></div>
<div><u>CK High 2.62 11.44 420.26 2.55 11.37 417.68</u></div>
<div><u>CK Average 2.60 -0.27 11.42 419.64 2.55 -0.31 11.37 417.62</u></div>
<div><u>Essex Cty 2.60 11.42 419.52 2.50 11.32 415.85</u></div>
<div><u>Mdsx Low 2.60 11.42 419.52 2.52 11.34 416.58</u></div>
<div><u>Mdsx High 2.60 11.42 419.52 2.55 11.37 417.68</u></div>
<div><u>Mdsx Average2.60 -0.27 11.42 419.52 2.54 -0.32 11.35 417.13</u></div>
<div><u>Hensall 2.60 11.42 419.52 2.55 11.37 417.68</u></div>
<div><u>Bruce 2.60 11.42 419.52 2.55 11.37 417.68</u></div>
<div><u>Putnam 2.60 11.42 419.52 2.55 11.37 417.68</u></div>
<div><u>Burford 2.67 11.49 422.09 2.59 11.41 419.15</u></div>
<div><u>Port Perry 2.62 11.44 420.26 2.54 11.36 417.32</u></div>
<div><u>Norfolk 2.60 11.42 419.52 2.55 11.37 417.68</u></div>
<div><u>Palmerston 2.52 11.34 416.58 2.46 11.28 414.38</u></div>
<div><u>Varna 2.60 11.42 419.52 2.50 11.32 415.85</u></div>
<div><u>Trenton N/A 2.55 11.37 417.68</u></div>
<div><u>Winchester 2.65 11.47 421.36 2.65 11.47 421.36</u></div>
<div><u>North Gower N/A 2.65 11.47 421.36</u></div>
<div><u>Vankleek Hil N/A 2.80 11.62 426.87</u></div>
<div><u>Huron FOB 2.69 11.51 422.83 2.57 11.39 418.42</u></div>
<div><u>Kent FOB 2.60 11.42 419.52 2.55 11.37 417.68</u></div>
<div><u>Lambton FOB 2.85 11.67 428.71 2.70 11.52 423.20</u></div>
<div><u>Mdsx FOB 2.83 2.70 N/A N/A 11.65 427.97 2.69 11.51 422.83</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.85 11.67 428.71 2.69 11.51 422.83</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.15 11.97 439.73 3.00 11.82 434.22</u></div>
<div><u>Prescott N/A 3.00 11.82 434.22</u></div>
<div><u>Port Colborn3.04 11.86 435.69 2.92 11.74 431.28</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 8.82 323.99 -0.33 8.48 311.72</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3354 down 0.0031</u></div>
<div><u>Chicago wheat closed moderately lower to lower.</u></div>
<div><u>SEP20 HI 5.21 1/4 JUL21 HI 5.38 3/4</u></div>
<div><u> LOW 5.07 3/4 LOW 5.33 3/4</u></div>
<div><u> CLOSE 5.08 1/4 Down 12 3/4 CLOSE 5.35 1/4 Down 6 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>SEP20 HI 5.06 1/4 SEP21 HI 5.60 1/4</u></div>
<div><u> LOW 5.01 1/2 LOW 5.58 3/4</u></div>
<div><u> CLOSE 5.01 3/4 Down 4 3/4 CLOSE 5.58 3/4 Down 2 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 1.70 1.44 1.22</u></div>
<div><u>CAD $/bu 6.59 6.79 6.52 6.23</u></div>
<div><u>CAD $/tonne 242.02 249.38 239.57 229.02</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 1.05 N/A N/A N/A 1.10 N/A</u></div>
<div><u>London 1.22 1.46 1.02 N/A 1.49 1.56 1.09 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 1.15 1.45 1.05 0.95 1.20 1.45 1.10 N/A</u></div>
<div><u>Essex N/A N/A 1.05 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 1.05 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.05 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A 1.43 1.03 1.01 N/A 1.64 1.17 0.76</u></div>
<div><u>Varna 1.35 1.50 1.10 N/A 1.35 1.45 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 1.09 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.60 1.50 1.18 N/A 1.67 1.57 1.10</u></div>
<div><u>W O Feed 1.56</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 1.49 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.84 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.08US 6.79CA 5.30US 7.08CA</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 1.53 1.66 1.46 1.07</u></div>
<div><u>CAD $/bu 6.88 7.01 6.81 6.66</u></div>
<div><u>CAD $/tonne 252.78 257.69 250.33 244.69</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 463.86</u></div>
<div><u>DDG's FOB Srn & Aylm 185.00 - 205.00</u></div>
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<p class="MsoNoSpacing" 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<o:p style=""> </o:p></span></p>
<p class="MsoNoSpacing" 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
<o:p> </o:p></span></p>
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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""><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><o:p> </o:p></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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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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