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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 14</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 1.3247 up 0.0017</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.25 1/4 DEC20 HI 3.39 1/4</u></div>
<div><u> LOW 3.21 1/2 LOW 3.35 1/4</u></div>
<div><u> CLOSE3.24 1/2 Down 3/4 CLOSE 3.38 Down 3/4</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 1.65 4.90 192.71 0.95 4.33 170.46</u></div>
<div><u>CK High 1.75 5.00 196.64 1.00 4.38 172.43</u></div>
<div><u>CK Avg 1.71 0.49 4.95 195.00 0.96 -0.11 4.34 170.79</u></div>
<div><u>Essex Cty 1.75 5.00 196.64 0.95 4.33 170.46</u></div>
<div><u>Mdsx Low 1.70 4.95 194.68 0.95 4.33 170.46</u></div>
<div><u>Mdsx High 1.75 5.00 196.64 1.00 4.38 172.43</u></div>
<div><u>Mdsx Avg 1.73 0.51 4.97 195.66 0.98 -0.09 4.36 171.45</u></div>
<div><u>Hensall 1.68 4.93 194.02 1.02 4.40 173.09</u></div>
<div><u>Bruce 1.70 4.95 194.68 0.95 4.33 170.46</u></div>
<div><u>Putnam 1.70 4.95 194.68 0.95 4.33 170.46</u></div>
<div><u>Burford 1.75 5.00 196.64 0.95 4.33 170.46</u></div>
<div><u>Port Perry 1.70 4.95 194.68 1.25 4.63 182.28</u></div>
<div><u>Norfolk 1.75 5.00 196.64 0.95 4.33 170.46</u></div>
<div><u>Palmerston 1.68 4.93 193.89 1.03 4.41 173.61</u></div>
<div><u>Varna 1.65 4.90 192.71 1.00 4.38 172.43</u></div>
<div><u>Trenton 1.70 4.95 194.68 1.25 4.63 182.28</u></div>
<div><u>Winchester 1.65 4.90 192.71 1.45 4.83 190.15</u></div>
<div><u>North Gower 1.65 4.90 192.71 1.40 4.78 188.18</u></div>
<div><u>Vankleek HilN/A 1.17 4.55 179.13</u></div>
<div><u>Huron FOB 1.93 5.18 203.73 1.15 4.53 178.34</u></div>
<div><u>Kent FOB 1.95 5.20 204.52 1.05 4.43 174.40</u></div>
<div><u>Lamb FOB 1.90 5.15 202.55 1.00 4.38 172.43</u></div>
<div><u>Mdsx FOB 1.90 1.95N/A N/A 5.15 202.55 1.10 4.48 176.37</u></div>
<div><u>FOB SW Que 2.18 5.43 213.57N/A</u></div>
<div><u>Track 2.17 5.41 212.98N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 2.02N/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 N/A 2.00 1.95N/A 1.25 4.63 182.28</u></div>
<div><u>Sarn-Eth N/A 2.00N/A N/A 1.15 4.53 178.34</u></div>
<div><u>London-Ing N/A N/A 2.15N/A 1.35 4.73 186.21</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 2.15N/A 1.55 4.93 194.09</u></div>
<div><u>W O Feed 2.22 5.47 215.23</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.18 5.43 213.57</u></div>
<div><u>Toledo El. -0.07 3.18 125.14 -0.26 3.12 122.63</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.10 5.35 210.42 1.35 4.73 186.21</u></div>
<div><u>Prescott 1.78 5.03 197.83 1.40 4.78 188.18</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.38</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3247 up 0.0017</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 8.99 1/2 NOV20 HI 8.99 1/2</u></div>
<div><u> LOW 8.94 LOW 8.94</u></div>
<div><u> CLOSE8.98 3/4 Down 3/4 CLOSE 8.98 3/4 Down 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 2.45 11.44 420.26 2.40 11.39 418.42</u></div>
<div><u>CK High 2.50 11.49 422.09 2.46 11.45 420.62</u></div>
<div><u>CK Average 2.49 -0.32 11.48 421.73 2.44 -0.36 11.43 420.01</u></div>
<div><u>Essex Cty 2.50 11.49 422.09 2.40 11.39 418.42</u></div>
<div><u>Mdsx Low 2.47 11.46 420.99 2.44 11.43 419.89</u></div>
<div><u>Mdsx High 2.50 11.49 422.09 2.45 11.44 420.26</u></div>
<div><u>Mdsx Average2.49 -0.33 11.47 421.54 2.45 -0.36 11.43 420.07</u></div>
<div><u>Hensall 2.48 11.47 421.48 2.43 11.42 419.64</u></div>
<div><u>Bruce 2.45 11.44 420.26 2.40 11.39 418.42</u></div>
<div><u>Putnam 2.50 11.49 422.09 2.45 11.44 420.26</u></div>
<div><u>Burford 2.54 11.53 423.56 2.51 11.50 422.46</u></div>
<div><u>Port Perry 2.49 11.48 421.73 2.46 11.45 420.62</u></div>
<div><u>Norfolk 2.50 11.49 422.09 2.45 11.44 420.26</u></div>
<div><u>Palmerston 2.50 11.49 422.09 2.46 11.45 420.62</u></div>
<div><u>Varna 2.45 11.44 420.26 2.40 11.39 418.42</u></div>
<div><u>Trenton N/A 2.40 11.39 418.42</u></div>
<div><u>Winchester N/A 2.45 11.44 420.26</u></div>
<div><u>North Gower 2.58 11.57 425.03 2.55 11.54 423.93</u></div>
<div><u>Vankleek Hil N/A 2.80 11.79 433.12</u></div>
<div><u>Huron FOB 2.60 11.59 425.77 2.47 11.46 420.99</u></div>
<div><u>Kent FOB 2.60 11.59 425.77 2.45 11.44 420.26</u></div>
<div><u>Lambton FOB 2.73 11.72 430.54 2.60 11.59 425.77</u></div>
<div><u>Mdsx FOB 2.70 2.57 N/A N/A 11.69 429.44 2.57 11.56 424.67</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.92 11.91 437.53 2.65 11.64 427.60</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.05 12.04 442.30 2.95 11.94 438.63</u></div>
<div><u>Prescott N/A 3.00 11.99 440.47</u></div>
<div><u>Port Colborn2.91 11.90 437.16 2.80 11.79 433.12</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 8.99 330.23 -0.33 8.66 318.06</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3247 up 0.0017</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>SEP20 HI 5.07 3/4 JUL21 HI 5.30 3/4</u></div>
<div><u> LOW 4.93 1/2 LOW 5.20</u></div>
<div><u> CLOSE 5.00 Up 3 1/4 CLOSE 5.24 3/4 Up 1 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>SEP20 HI 5.05 SEP21 HI 5.55</u></div>
<div><u> LOW 4.96 1/4 LOW 5.50 3/4</u></div>
<div><u> CLOSE 4.97 1/2 Up 1/2 CLOSE 5.51 1/2 Up 1</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 1.69 1.36 1.28</u></div>
<div><u>CAD $/bu 6.49 6.69 6.36 6.26</u></div>
<div><u>CAD $/tonne 238.50 245.80 233.63 229.98</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 0.95 N/A N/A N/A 1.00 N/A</u></div>
<div><u>London 1.10 1.34 0.97 N/A 1.38 1.44 0.98 N/A</u></div>
<div><u>Hensall 1.25 N/A 0.95 N/A 1.30 N/A 1.00 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 0.95 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Norwich 1.25 N/A 0.95 N/A 1.30 N/A 1.00 N/A</u></div>
<div><u>Port Hope N/A N/A 1.00 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Kent Bridge 1.25 N/A 0.95 N/A 1.30 N/A 1.00 N/A</u></div>
<div><u>Chatham N/A N/A 0.95 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Brigden N/A N/A 0.95 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Palmerston N/A 1.36 1.03 0.95 N/A 1.52 1.06 0.65</u></div>
<div><u>Varna 1.20 1.35 0.95 N/A 1.25 1.40 1.00 N/A</u></div>
<div><u>Mitchell 1.25 1.35 0.95 N/A 1.30 1.40 1.00 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 1.22 N/A 1.72 1.37 0.95</u></div>
<div><u>W O Feed 1.52</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.36 N/A N/A N/A 1.38 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.62 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.00US 6.62CA 5.20US 6.89CA</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 1.57 1.70 1.37 1.00</u></div>
<div><u>CAD $/bu 6.82 6.95 6.62 6.51</u></div>
<div><u>CAD $/tonne 250.58 255.45 243.28 239.26</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 453.94</u></div>
<div><u>DDG's FOB Srn & Aylm 185.00 - 205.00</u></div>
<div><u><br>
</u></div>
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<u><br>
</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
<o:p> </o:p></span></p>
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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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