<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
Note: re-sending to correct Thornton HRS Basis.</div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<br>
</div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 21</u>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3191 up 0.0017</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.27 3/4 DEC20 HI 3.41 3/4</u></div>
<div><u> LOW 3.24 1/4 LOW 3.38 3/4</u></div>
<div><u> CLOSE3.27 Up 2 1/2 CLOSE 3.40 1/2 Up 1 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 1.70 4.97 195.66 0.95 4.36 171.45</u></div>
<div><u>CK High 1.75 5.02 197.63 1.00 4.41 173.42</u></div>
<div><u>CK Avg 1.73 0.52 5.00 196.97 0.97 -0.09 4.37 172.10</u></div>
<div><u>Essex Cty 1.75 5.02 197.63 1.00 4.41 173.42</u></div>
<div><u>Mdsx Low 1.75 5.02 197.63 0.95 4.36 171.45</u></div>
<div><u>Mdsx High 1.75 5.02 197.63 1.00 4.41 173.42</u></div>
<div><u>Mdsx Avg 1.75 0.54 5.02 197.63 0.98 -0.08 4.38 172.43</u></div>
<div><u>Hensall 1.70 4.97 195.66 1.02 4.42 174.07</u></div>
<div><u>Bruce 1.70 4.97 195.66 0.95 4.36 171.45</u></div>
<div><u>Putnam 1.75 5.02 197.63 0.95 4.36 171.45</u></div>
<div><u>Burford 1.75 5.02 197.63 0.95 4.36 171.45</u></div>
<div><u>Port Perry 1.70 4.97 195.66 1.20 4.61 181.29</u></div>
<div><u>Norfolk 1.75 5.02 197.63 1.00 4.41 173.42</u></div>
<div><u>Palmerston 1.64 4.91 193.30 1.02 4.43 174.20</u></div>
<div><u>Varna 1.65 4.92 193.69 1.00 4.41 173.42</u></div>
<div><u>Trenton 1.80 5.07 199.60 1.20 4.61 181.29</u></div>
<div><u>Winchester 1.70 4.97 195.66 1.40 4.81 189.16</u></div>
<div><u>North Gower 1.70 4.97 195.66 1.40 4.81 189.16</u></div>
<div><u>Vankleek HilN/A 0.90 4.31 169.48</u></div>
<div><u>Huron FOB 1.82 5.09 200.38 1.10 4.51 177.35</u></div>
<div><u>Kent FOB 1.90 5.17 203.53 1.05 4.46 175.39</u></div>
<div><u>Lamb FOB 1.88 5.15 202.75 1.00 4.41 173.42</u></div>
<div><u>Mdsx FOB 1.85 1.80N/A N/A 5.12 201.57 1.10 4.51 177.35</u></div>
<div><u>FOB SW Que 2.16 5.43 213.77N/A</u></div>
<div><u>Track 2.17 5.44 213.97N/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 4.88 191.92</u></div>
<div><u>Aylmer-Eth N/A N/A 1.85N/A 1.25 4.66 183.26</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.20 4.61 181.29</u></div>
<div><u>London-Ing N/A N/A 2.05N/A 1.35 4.76 187.20</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 4.96 195.07</u></div>
<div><u>W O Feed 2.21 5.48 215.74</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.10 5.37 211.41</u></div>
<div><u>Toledo El. -0.07 3.20 126.14 -0.26 3.14 123.67</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.10 5.37 211.41 1.45 4.86 191.13</u></div>
<div><u>Prescott 1.70 4.97 195.66 1.35 4.76 187.20</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.40 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3191 up 0.0017</u></div>
<div><u>Chicago soybeans closed slightly lower to steady.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 9.10 3/4 NOV20 HI 9.10 3/4</u></div>
<div><u> LOW 9.03 1/4 LOW 9.03 1/4</u></div>
<div><u> CLOSE9.04 3/4 Down 1/2 CLOSE 9.04 3/4 Down 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 11.50 422.46 2.47 11.52 423.20</u></div>
<div><u>CK High 2.55 11.60 426.14 2.50 11.55 424.30</u></div>
<div><u>CK Average 2.53 -0.27 11.57 425.28 2.50 -0.29 11.54 424.11</u></div>
<div><u>Essex Cty 2.55 11.60 426.14 2.45 11.50 422.46</u></div>
<div><u>Mdsx Low 2.49 11.54 423.93 2.45 11.50 422.46</u></div>
<div><u>Mdsx High 2.55 11.60 426.14 2.50 11.55 424.30</u></div>
<div><u>Mdsx Average2.52 -0.28 11.57 425.03 2.48 -0.31 11.52 423.38</u></div>
<div><u>Hensall 2.55 11.60 426.14 2.50 11.55 424.30</u></div>
<div><u>Bruce 2.55 11.60 426.14 2.50 11.55 424.30</u></div>
<div><u>Putnam 2.55 11.60 426.14 2.50 11.55 424.30</u></div>
<div><u>Burford 2.56 11.61 426.50 2.52 11.57 425.03</u></div>
<div><u>Port Perry 2.51 11.56 424.67 2.47 11.52 423.20</u></div>
<div><u>Norfolk 2.55 11.60 426.14 2.50 11.55 424.30</u></div>
<div><u>Palmerston 2.44 11.49 422.09 2.47 11.52 423.20</u></div>
<div><u>Varna 2.50 11.55 424.30 2.45 11.50 422.46</u></div>
<div><u>Trenton N/A 2.50 11.55 424.30</u></div>
<div><u>Winchester N/A 2.55 11.60 426.14</u></div>
<div><u>North Gower 2.56 11.61 426.50 2.52 11.57 425.03</u></div>
<div><u>Vankleek Hil N/A 2.48 11.53 423.56</u></div>
<div><u>Huron FOB 2.66 11.71 430.18 2.55 11.60 426.14</u></div>
<div><u>Kent FOB 2.60 11.65 427.97 2.50 11.55 424.30</u></div>
<div><u>Lambton FOB 2.69 11.74 431.28 2.62 11.67 428.71</u></div>
<div><u>Mdsx FOB 2.69 2.56 N/A N/A 11.74 431.28 2.55 11.60 426.14</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.89 11.94 438.63 2.69 11.74 431.28</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.10 12.15 446.34 3.00 12.05 442.67</u></div>
<div><u>Prescott N/A 3.00 12.05 442.67</u></div>
<div><u>Port Colborn2.90 11.95 439.00 2.96 12.01 441.20</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 8.98 330.02 -0.26 8.78 322.75</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3191 up 0.0017</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div><u>SEP20 HI 5.27 3/4 JUL21 HI 5.47 1/4</u></div>
<div><u> LOW 5.15 LOW 5.37 3/4</u></div>
<div><u> CLOSE 5.27 1/4 Up 7 3/4 CLOSE 5.46 3/4 Up 5 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>SEP20 HI 5.17 1/2 SEP21 HI 5.65</u></div>
<div><u> LOW 5.09 3/4 LOW 5.59 1/2</u></div>
<div><u> CLOSE 5.15 Up 1 3/4 CLOSE 5.64 1/2 Up 1 1/4</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 1.42 1.31</u></div>
<div><u>CAD $/bu 6.82 7.02 6.69 6.46</u></div>
<div><u>CAD $/tonne 250.70 257.97 245.85 237.49</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 1.14 1.37 1.00 N/A 1.40 1.43 1.00 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 1.42 1.09 1.25 N/A 1.54 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 1.12 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.60 1.32 1.25 N/A 1.70 1.37 0.95</u></div>
<div><u>W O Feed 1.59</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 1.40 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.68 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.27US 6.95CA 5.42US 7.14CA</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 1.61 1.74 1.41 1.01</u></div>
<div><u>CAD $/bu 7.08 7.21 6.88 6.65</u></div>
<div><u>CAD $/tonne 260.08 264.93 252.82 244.46</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 452.18</u></div>
<div><u>DDG's FOB Srn & Aylm 200.00 - 205.00</u></div>
<br>
---</div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<br>
</div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<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"">Blair Andrews<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"">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>
<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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><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"">Tel. 519-674-1500 x 63577
<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"">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"><span style="color:#333333"> </span></span></span><span class="object"><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p> </o:p></span></span></p>
<br>
</div>
<div>
<div id="Signature">
<div>
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<div><span style="font-family:"Courier New",monospace; font-size:10pt"></span></div>
<br>
<p style="margin-top: 0px; margin-bottom: 0px;"></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><br>
</p>
</div>
</div>
</div>
</div>
</body>
</html>