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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, August 18</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 1.3156 down 0.0042</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.32 DEC20 HI 3.46</u></div>
<div><u> LOW 3.25 3/4 LOW 3.40 1/2</u></div>
<div><u> CLOSE3.27 Down 4 CLOSE 3.41 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 1.70 4.97 195.66 0.95 4.37 171.94</u></div>
<div><u>CK High 1.75 5.02 197.63 1.00 4.42 173.91</u></div>
<div><u>CK Avg 1.72 0.52 4.99 196.32 0.96 -0.09 4.38 172.27</u></div>
<div><u>Essex Cty 1.75 5.02 197.63 0.95 4.37 171.94</u></div>
<div><u>Mdsx Low 1.70 4.97 195.66 0.95 4.37 171.94</u></div>
<div><u>Mdsx High 1.75 5.02 197.63 1.00 4.42 173.91</u></div>
<div><u>Mdsx Avg 1.73 0.53 5.00 196.64 0.98 -0.08 4.39 172.93</u></div>
<div><u>Hensall 1.68 4.95 195.00 1.02 4.43 174.57</u></div>
<div><u>Bruce 1.70 4.97 195.66 0.95 4.37 171.94</u></div>
<div><u>Putnam 1.70 4.97 195.66 0.95 4.37 171.94</u></div>
<div><u>Burford 1.75 5.02 197.63 0.95 4.37 171.94</u></div>
<div><u>Port Perry 1.70 4.97 195.66 1.20 4.62 181.78</u></div>
<div><u>Norfolk 1.75 5.02 197.63 0.95 4.37 171.94</u></div>
<div><u>Palmerston 1.63 4.90 192.90 1.01 4.43 174.30</u></div>
<div><u>Varna 1.65 4.92 193.69 1.00 4.42 173.91</u></div>
<div><u>Trenton 1.75 5.02 197.63 1.20 4.62 181.78</u></div>
<div><u>Winchester 1.70 4.97 195.66 1.40 4.82 189.66</u></div>
<div><u>North Gower 1.65 4.92 193.69 1.40 4.82 189.66</u></div>
<div><u>Vankleek HilN/A 0.90 4.32 169.97</u></div>
<div><u>Huron FOB 1.93 5.20 204.71 1.15 4.57 179.81</u></div>
<div><u>Kent FOB 1.95 5.22 205.50 1.05 4.47 175.88</u></div>
<div><u>Lamb FOB 1.90 5.17 203.53 1.00 4.42 173.91</u></div>
<div><u>Mdsx FOB 1.90 1.95N/A N/A 5.17 203.53 1.10 4.52 177.85</u></div>
<div><u>FOB SW Que 2.28 5.55 218.49N/A</u></div>
<div><u>Track 2.19 5.46 214.75N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 2.01N/A N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.49 4.91 193.20</u></div>
<div><u>Aylmer-Eth N/A N/A 1.95N/A 1.25 4.67 183.75</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.20 4.62 181.78</u></div>
<div><u>London-Ing N/A N/A 2.15N/A 1.35 4.77 187.69</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 4.97 195.56</u></div>
<div><u>W O Feed 2.21 5.48 215.82</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.09 5.36 211.01</u></div>
<div><u>Toledo El. -0.07 3.20 126.14 -0.26 3.15 124.18</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.10 5.37 211.41 1.35 4.77 187.69</u></div>
<div><u>Prescott 1.70 4.97 195.66 1.35 4.77 187.69</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.41 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 1.3156 down 0.0042</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 9.17 NOV20 HI 9.17</u></div>
<div><u> LOW 9.10 LOW 9.10</u></div>
<div><u> CLOSE9.13 3/4 Down 1 1/2 CLOSE 9.13 3/4 Down 1 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 11.59 425.77 2.41 11.55 424.30</u></div>
<div><u>CK High 2.55 11.69 429.44 2.50 11.64 427.60</u></div>
<div><u>CK Average 2.52 -0.28 11.66 428.28 2.49 -0.30 11.62 427.05</u></div>
<div><u>Essex Cty 2.55 11.69 429.44 2.45 11.59 425.77</u></div>
<div><u>Mdsx Low 2.44 11.58 425.40 2.39 11.53 423.56</u></div>
<div><u>Mdsx High 2.55 11.69 429.44 2.50 11.64 427.60</u></div>
<div><u>Mdsx Average2.50 -0.30 11.63 427.42 2.45 -0.33 11.58 425.58</u></div>
<div><u>Hensall 2.52 11.65 428.22 2.47 11.60 426.38</u></div>
<div><u>Bruce 2.50 11.64 427.60 2.45 11.59 425.77</u></div>
<div><u>Putnam 2.55 11.69 429.44 2.50 11.64 427.60</u></div>
<div><u>Burford 2.51 11.65 427.97 2.46 11.60 426.14</u></div>
<div><u>Port Perry 2.46 11.60 426.14 2.41 11.55 424.30</u></div>
<div><u>Norfolk 2.55 11.69 429.44 2.50 11.64 427.60</u></div>
<div><u>Palmerston 2.47 11.61 426.50 2.47 11.61 426.50</u></div>
<div><u>Varna 2.50 11.64 427.60 2.45 11.59 425.77</u></div>
<div><u>Trenton N/A 2.50 11.64 427.60</u></div>
<div><u>Winchester N/A 2.50 11.64 427.60</u></div>
<div><u>North Gower 2.58 11.72 430.54 2.55 11.69 429.44</u></div>
<div><u>Vankleek Hil N/A 2.48 11.62 426.87</u></div>
<div><u>Huron FOB 2.60 11.74 431.28 2.47 11.61 426.50</u></div>
<div><u>Kent FOB 2.65 11.79 433.12 2.50 11.64 427.60</u></div>
<div><u>Lambton FOB 2.73 11.87 436.06 2.66 11.80 433.48</u></div>
<div><u>Mdsx FOB 2.67 2.54 N/A N/A 11.81 433.85 2.54 11.68 429.07</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.88 12.02 441.57 2.68 11.82 434.22</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.10 12.24 449.65 3.00 12.14 445.98</u></div>
<div><u>Prescott N/A 3.00 12.14 445.98</u></div>
<div><u>Port Colborn2.88 12.02 441.57 2.77 11.91 437.53</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 9.07 333.33 -0.33 8.81 323.66</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3156 down 0.0042</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>SEP20 HI 5.17 1/2 JUL21 HI 5.40</u></div>
<div><u> LOW 5.03 LOW 5.29 1/2</u></div>
<div><u> CLOSE 5.07 1/2 Down 9 CLOSE 5.33 3/4 Down 6</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>SEP20 HI 5.09 SEP21 HI 5.59 3/4</u></div>
<div><u> LOW 5.02 3/4 LOW 5.55 1/2</u></div>
<div><u> CLOSE 5.07 Up 2 CLOSE 5.59 3/4 Up 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 1.47 1.67 1.34 1.27</u></div>
<div><u>CAD $/bu 6.55 6.74 6.41 6.34</u></div>
<div><u>CAD $/tonne 240.49 247.75 235.66 233.00</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 1.08 1.32 0.95 N/A 1.36 1.42 0.96 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 1.00 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 0.95 1.15 0.90 0.95 1.05 1.35 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 1.34 1.01 1.21 N/A 1.54 1.08 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 0.96 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.60 1.30 1.22 N/A 1.67 1.32 0.95</u></div>
<div><u>W O Feed 1.50</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.35 N/A N/A N/A 1.36 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.60 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.08US 6.68CA 5.29US 6.95CA</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 1.55 1.68 1.35 0.98</u></div>
<div><u>CAD $/bu 6.89 7.02 6.69 6.57</u></div>
<div><u>CAD $/tonne 253.13 257.97 245.88 241.53</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 458.79</u></div>
<div><u>DDG's FOB Srn & Aylm 185.00 - 205.00</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""><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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