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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 7</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 1.3392 up 0.0102</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.11 3/4 DEC20 HI 3.24 1/4</u></div>
<div><u> LOW 3.07 1/4 LOW 3.20</u></div>
<div><u> CLOSE3.07 3/4 Down 3 1/2 CLOSE 3.20 3/4 Down 3</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 4.63 182.18 0.95 4.16 163.67</u></div>
<div><u>CK High 1.70 4.78 188.08 1.00 4.21 165.64</u></div>
<div><u>CK Avg 1.67 0.46 4.74 186.77 0.96 -0.09 4.17 164.00</u></div>
<div><u>Essex Cty 1.70 4.78 188.08 0.95 4.16 163.67</u></div>
<div><u>Mdsx Low 1.65 4.73 186.11 0.95 4.16 163.67</u></div>
<div><u>Mdsx High 1.70 4.78 188.08 1.00 4.21 165.64</u></div>
<div><u>Mdsx Avg 1.68 0.47 4.75 187.10 0.98 -0.08 4.18 164.66</u></div>
<div><u>Hensall 1.68 4.76 187.43 1.02 4.22 166.30</u></div>
<div><u>Bruce 1.70 4.78 188.08 0.95 4.16 163.67</u></div>
<div><u>Putnam 1.70 4.78 188.08 0.95 4.16 163.67</u></div>
<div><u>Burford 1.65 4.73 186.11 0.95 4.16 163.67</u></div>
<div><u>Port Perry 1.65 4.73 186.11 1.25 4.46 175.48</u></div>
<div><u>Norfolk 1.70 4.78 188.08 0.95 4.16 163.67</u></div>
<div><u>Palmerston 1.58 4.66 183.36 1.09 4.30 169.19</u></div>
<div><u>Varna 1.70 4.78 188.08 1.00 4.21 165.64</u></div>
<div><u>Trenton 1.65 4.73 186.11 1.25 4.46 175.48</u></div>
<div><u>Winchester 1.40 4.48 176.27 1.40 4.61 181.39</u></div>
<div><u>North Gower 1.55 4.63 182.18 1.45 4.66 183.36</u></div>
<div><u>Vankleek HilN/A 1.17 4.38 172.33</u></div>
<div><u>Huron FOB 1.90 4.98 195.96 1.11 4.32 169.97</u></div>
<div><u>Kent FOB 1.90 4.98 195.96 1.05 4.26 167.61</u></div>
<div><u>Lamb FOB 1.90 4.98 195.96 1.00 4.21 165.64</u></div>
<div><u>Mdsx FOB 1.80 1.80N/A N/A 4.88 192.02 1.10 4.31 169.58</u></div>
<div><u>FOB SW Que 2.29 5.37 211.31N/A</u></div>
<div><u>Track 2.23 5.31 208.95N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 2.12N/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 2.08 2.08 1.85N/A 5.16 203.04 1.25 4.46 175.48</u></div>
<div><u>Sarn-Eth N/A 2.00N/A N/A 1.15 4.36 171.55</u></div>
<div><u>London-Ing N/A 2.09 2.13N/A 1.35 4.56 179.42</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 4.76 187.29</u></div>
<div><u>W O Feed 2.24 5.31 209.18</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.18 5.26 206.98</u></div>
<div><u>Toledo El. -0.07 3.01 118.52 -0.27 2.94 115.74</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 5.08 199.89 1.35 4.56 179.42</u></div>
<div><u>Prescott 1.78 4.86 191.23 1.40 4.61 181.39</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.20 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3392 up 0.0102</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 8.79 1/2 NOV20 HI 8.79 1/2</u></div>
<div><u> LOW 8.66 3/4 LOW 8.66 3/4</u></div>
<div><u> CLOSE8.67 1/2 Down 10 1/2 CLOSE 8.67 1/2 Down 10 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 2.45 11.13 408.77 2.40 11.08 406.94</u></div>
<div><u>CK High 2.50 11.18 410.61 2.45 11.13 408.77</u></div>
<div><u>CK Average 2.48 -0.35 11.15 409.69 2.42 -0.38 11.10 407.73</u></div>
<div><u>Essex Cty 2.50 11.18 410.61 2.40 11.08 406.94</u></div>
<div><u>Mdsx Low 2.45 11.13 408.77 2.40 11.08 406.94</u></div>
<div><u>Mdsx High 2.48 11.16 409.88 2.41 11.09 407.30</u></div>
<div><u>Mdsx Average2.47 -0.36 11.14 409.32 2.41 -0.39 11.08 407.12</u></div>
<div><u>Hensall 2.45 11.13 408.77 2.40 11.08 406.94</u></div>
<div><u>Bruce 2.45 11.13 408.77 2.40 11.08 406.94</u></div>
<div><u>Putnam 2.45 11.13 408.77 2.40 11.08 406.94</u></div>
<div><u>Burford 2.55 11.23 412.45 2.48 11.16 409.88</u></div>
<div><u>Port Perry 2.50 11.18 410.61 2.43 11.11 408.04</u></div>
<div><u>Norfolk 2.50 11.18 410.61 2.45 11.13 408.77</u></div>
<div><u>Palmerston 2.52 11.20 411.35 2.47 11.15 409.51</u></div>
<div><u>Varna 2.45 11.13 408.77 2.40 11.08 406.94</u></div>
<div><u>Trenton N/A 2.40 11.08 406.94</u></div>
<div><u>Winchester N/A 2.50 11.18 410.61</u></div>
<div><u>North Gower 2.65 11.33 416.12 2.65 11.33 416.12</u></div>
<div><u>Vankleek Hil N/A 2.80 11.48 421.63</u></div>
<div><u>Huron FOB 2.51 11.19 410.98 2.39 11.07 406.57</u></div>
<div><u>Kent FOB 2.50 11.18 410.61 2.45 11.13 408.77</u></div>
<div><u>Lambton FOB 2.70 11.38 417.96 2.55 11.23 412.45</u></div>
<div><u>Mdsx FOB 2.73 2.60 N/A N/A 11.41 419.06 2.58 11.26 413.55</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.83 11.51 422.74 2.67 11.35 416.86</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.05 11.73 430.82 2.95 11.63 427.15</u></div>
<div><u>Prescott N/A 3.00 11.68 428.98</u></div>
<div><u>Port Colborn2.94 11.62 426.78 2.81 11.49 422.00</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 8.68 318.75 -0.33 8.34 306.46</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3392 up 0.0102</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>SEP20 HI 5.03 3/4 JUL21 HI 5.27 1/4</u></div>
<div><u> LOW 4.90 1/2 LOW 5.16 1/4</u></div>
<div><u> CLOSE 4.95 1/2 Down 5 3/4 CLOSE 5.21 1/2 Down 3 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>SEP20 HI 4.97 3/4 SEP21 HI 5.55 1/4</u></div>
<div><u> LOW 4.91 LOW 5.52 1/2</u></div>
<div><u> CLOSE 4.94 1/2 Down 1 1/2 CLOSE 5.54 3/4 Down 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 1.55 1.75 1.41 1.21</u></div>
<div><u>CAD $/bu 6.50 6.70 6.37 6.15</u></div>
<div><u>CAD $/tonne 238.91 246.29 233.98 226.11</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 1.12 1.36 0.99 N/A 1.41 1.47 1.01 N/A</u></div>
<div><u>Hensall 1.30 N/A 1.00 N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Trenton N/A N/A 1.05 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 1.00 1.40 0.95 0.95 1.05 1.45 0.95 N/A</u></div>
<div><u>Essex N/A N/A 1.00 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich 1.30 N/A 1.00 N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Port Hope N/A N/A 1.05 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Kent Bridge 1.30 N/A 1.00 N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Chatham N/A N/A 1.00 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.00 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.41 1.08 1.01 N/A 1.55 1.08 0.73</u></div>
<div><u>Varna 1.25 1.40 1.00 N/A 1.30 1.45 1.05 N/A</u></div>
<div><u>Mitchell 1.30 1.40 1.00 N/A 1.35 1.45 1.05 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.00 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.65 1.40 1.18 N/A 1.71 1.46 1.00</u></div>
<div><u>W O Feed 1.53</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.39 N/A N/A N/A 1.41 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.81 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.96US 6.64CA 5.17US 6.91CA</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 1.63 1.76 1.43 1.07</u></div>
<div><u>CAD $/bu 6.84 6.98 6.64 6.62</u></div>
<div><u>CAD $/tonne 251.50 256.41 244.12 243.26</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 459.67</u></div>
<div><u>DDG's FOB Srn & Aylm 185.00 - 205.00</u></div>
<u><br>
<br>
</u></div>
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<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews<o:p style=""> </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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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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