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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, August 20</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 1.3174 down 0.0035</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.25 3/4 DEC20 HI 3.40 3/4</u></div>
<div><u> LOW 3.20 3/4 LOW 3.35 1/2</u></div>
<div><u> CLOSE3.24 1/2 Down 1/2 CLOSE 3.39 1/4 Down 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 1.70 4.95 194.68 0.95 4.34 170.96</u></div>
<div><u>CK High 1.75 5.00 196.64 1.00 4.39 172.93</u></div>
<div><u>CK Avg 1.72 0.52 4.96 195.33 0.96 -0.09 4.35 171.28</u></div>
<div><u>Essex Cty 1.75 5.00 196.64 0.95 4.34 170.96</u></div>
<div><u>Mdsx Low 1.70 4.95 194.68 0.95 4.34 170.96</u></div>
<div><u>Mdsx High 1.75 5.00 196.64 1.00 4.39 172.93</u></div>
<div><u>Mdsx Avg 1.73 0.53 4.97 195.66 0.98 -0.08 4.37 171.94</u></div>
<div><u>Hensall 1.68 4.93 194.02 1.02 4.41 173.58</u></div>
<div><u>Bruce 1.70 4.95 194.68 0.95 4.34 170.96</u></div>
<div><u>Putnam 1.70 4.95 194.68 0.95 4.34 170.96</u></div>
<div><u>Burford 1.75 5.00 196.64 0.95 4.34 170.96</u></div>
<div><u>Port Perry 1.70 4.95 194.68 1.20 4.59 180.80</u></div>
<div><u>Norfolk 1.75 5.00 196.64 0.95 4.34 170.96</u></div>
<div><u>Palmerston 1.62 4.87 191.53 1.01 4.40 173.32</u></div>
<div><u>Varna 1.65 4.90 192.71 1.00 4.39 172.93</u></div>
<div><u>Trenton 1.80 5.05 198.61 1.20 4.59 180.80</u></div>
<div><u>Winchester 1.70 4.95 194.68 1.40 4.79 188.67</u></div>
<div><u>North Gower 1.70 4.95 194.68 1.40 4.79 188.67</u></div>
<div><u>Vankleek HilN/A 0.90 4.29 168.99</u></div>
<div><u>Huron FOB 1.79 5.04 198.22 1.05 4.44 174.89</u></div>
<div><u>Kent FOB 1.90 5.15 202.55 1.05 4.44 174.89</u></div>
<div><u>Lamb FOB 1.88 5.13 201.76 1.00 4.39 172.93</u></div>
<div><u>Mdsx FOB 1.85 1.80N/A N/A 5.10 200.58 1.10 4.49 176.86</u></div>
<div><u>FOB SW Que 2.14 5.39 212.00N/A</u></div>
<div><u>Track 2.16 5.41 212.79N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 1.81N/A N/A N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.47 4.86 191.43</u></div>
<div><u>Aylmer-Eth N/A N/A 1.85N/A 1.25 4.64 182.77</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.20 4.59 180.80</u></div>
<div><u>London-Ing N/A N/A 2.05N/A 1.35 4.74 186.70</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 4.94 194.58</u></div>
<div><u>W O Feed 2.20 5.44 214.28</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.09 5.34 210.03</u></div>
<div><u>Toledo El. -0.07 3.18 125.16 -0.26 3.13 123.19</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.10 5.35 210.42 1.45 4.84 190.64</u></div>
<div><u>Prescott 1.70 4.95 194.68 1.35 4.74 186.70</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.39 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 1.3174 down 0.0035</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 9.15 3/4 NOV20 HI 9.15 3/4</u></div>
<div><u> LOW 9.02 1/2 LOW 9.02 1/2</u></div>
<div><u> CLOSE9.05 1/4 Down 8 3/4 CLOSE 9.05 1/4 Down 8 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 11.50 422.64 2.50 11.55 424.48</u></div>
<div><u>CK High 2.55 11.60 426.32 2.51 11.56 424.85</u></div>
<div><u>CK Average 2.53 -0.26 11.59 425.71 2.50 -0.28 11.55 424.54</u></div>
<div><u>Essex Cty 2.55 11.60 426.32 2.45 11.50 422.64</u></div>
<div><u>Mdsx Low 2.53 11.58 425.58 2.49 11.54 424.11</u></div>
<div><u>Mdsx High 2.55 11.60 426.32 2.50 11.55 424.48</u></div>
<div><u>Mdsx Average2.54 -0.25 11.59 425.95 2.50 -0.29 11.55 424.30</u></div>
<div><u>Hensall 2.52 11.57 425.09 2.47 11.52 423.26</u></div>
<div><u>Bruce 2.50 11.55 424.48 2.45 11.50 422.64</u></div>
<div><u>Putnam 2.55 11.60 426.32 2.50 11.55 424.48</u></div>
<div><u>Burford 2.60 11.65 428.16 2.56 11.61 426.69</u></div>
<div><u>Port Perry 2.55 11.60 426.32 2.51 11.56 424.85</u></div>
<div><u>Norfolk 2.55 11.60 426.32 2.50 11.55 424.48</u></div>
<div><u>Palmerston 2.45 11.50 422.64 2.46 11.51 423.01</u></div>
<div><u>Varna 2.50 11.55 424.48 2.45 11.50 422.64</u></div>
<div><u>Trenton N/A 2.50 11.55 424.48</u></div>
<div><u>Winchester N/A 2.55 11.60 426.32</u></div>
<div><u>North Gower 2.58 11.63 427.42 2.52 11.57 425.22</u></div>
<div><u>Vankleek Hil N/A 2.48 11.53 423.75</u></div>
<div><u>Huron FOB 2.65 11.70 429.99 2.50 11.55 424.48</u></div>
<div><u>Kent FOB 2.60 11.65 428.16 2.50 11.55 424.48</u></div>
<div><u>Lambton FOB 2.69 11.74 431.46 2.62 11.67 428.89</u></div>
<div><u>Mdsx FOB 2.74 2.60 N/A N/A 11.79 433.30 2.60 11.65 428.16</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.87 11.92 438.08 2.67 11.72 430.73</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.10 12.15 446.53 3.00 12.05 442.85</u></div>
<div><u>Prescott N/A 3.00 12.05 442.85</u></div>
<div><u>Port Colborn2.95 12.00 441.02 3.01 12.06 443.22</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 8.99 330.20 -0.33 8.72 320.52</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3174 down 0.0035</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div><u>SEP20 HI 5.20 1/4 JUL21 HI 5.42 1/4</u></div>
<div><u> LOW 5.06 1/2 LOW 5.30 3/4</u></div>
<div><u> CLOSE 5.19 1/2 Up 7 1/2 CLOSE 5.41 1/2 Up 5 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>SEP20 HI 5.14 SEP21 HI 5.63 1/4</u></div>
<div><u> LOW 5.06 1/2 LOW 5.57 1/2</u></div>
<div><u> CLOSE 5.13 1/4 Up 3 1/4 CLOSE 5.63 1/4 Up 3</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 1.52 1.71 1.39 1.30</u></div>
<div><u>CAD $/bu 6.71 6.91 6.58 6.43</u></div>
<div><u>CAD $/tonne 246.64 253.90 241.80 236.35</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 1.13 1.37 1.00 N/A 1.41 1.47 1.01 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 1.00 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 1.38 1.06 1.24 N/A 1.55 1.08 0.68</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 1.06 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.60 1.32 1.25 N/A 1.71 1.38 0.95</u></div>
<div><u>W O Feed 1.55</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.40 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 1.65 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.20US 6.84CA 5.37US 7.07CA</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 1.59 1.72 1.39 1.00</u></div>
<div><u>CAD $/bu 7.00 7.13 6.80 6.63</u></div>
<div><u>CAD $/tonne 257.22 262.06 249.96 243.55</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 456.14</u></div>
<div><u>DDG's FOB Srn & Aylm 200.00 - 205.00</u></div>
<br>
<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>
<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"">University of Guelph, Ridgetown Campus<o:p> </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""><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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