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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, August 24</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 1.3233 up 0.0042</u></div>
<div><u>Chicago corn closed moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.32 1/2 DEC20 HI 3.45 1/2</u></div>
<div><u> LOW 3.27 1/2 LOW 3.41</u></div>
<div><u> CLOSE3.31 3/4 Up 4 3/4 CLOSE 3.45 Up 4 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 5.02 197.53 0.95 4.40 173.22</u></div>
<div><u>CK High 1.78 5.10 200.68 1.00 4.45 175.19</u></div>
<div><u>CK Avg 1.76 0.52 5.07 199.76 0.97 -0.11 4.42 173.88</u></div>
<div><u>Essex Cty 1.75 5.07 199.50 1.00 4.45 175.19</u></div>
<div><u>Mdsx Low 1.75 5.07 199.50 0.95 4.40 173.22</u></div>
<div><u>Mdsx High 1.78 5.10 200.68 1.00 4.45 175.19</u></div>
<div><u>Mdsx Avg 1.77 0.52 5.08 200.09 0.98 -0.11 4.43 174.20</u></div>
<div><u>Hensall 1.71 5.03 197.92 1.02 4.47 175.84</u></div>
<div><u>Bruce 1.70 5.02 197.53 0.95 4.40 173.22</u></div>
<div><u>Putnam 1.78 5.10 200.68 0.95 4.40 173.22</u></div>
<div><u>Burford 1.75 5.07 199.50 0.95 4.40 173.22</u></div>
<div><u>Port Perry 1.70 5.02 197.53 1.20 4.65 183.06</u></div>
<div><u>Norfolk 1.75 5.07 199.50 1.00 4.45 175.19</u></div>
<div><u>Palmerston 1.67 4.99 196.35 1.05 4.50 177.16</u></div>
<div><u>Varna 1.65 4.97 195.56 1.00 4.45 175.19</u></div>
<div><u>Trenton 1.75 5.07 199.50 1.20 4.65 183.06</u></div>
<div><u>Winchester 1.70 5.02 197.53 1.40 4.85 190.94</u></div>
<div><u>North Gower 1.70 5.02 197.53 1.40 4.85 190.94</u></div>
<div><u>Vankleek HilN/A 0.95 4.40 173.22</u></div>
<div><u>Huron FOB 1.82 5.14 202.25 1.10 4.55 179.13</u></div>
<div><u>Kent FOB 1.90 5.22 205.40 1.05 4.50 177.16</u></div>
<div><u>Lamb FOB 1.88 5.20 204.62 1.00 4.45 175.19</u></div>
<div><u>Mdsx FOB 1.85 1.80N/A N/A 5.17 203.44 1.10 4.55 179.13</u></div>
<div><u>FOB SW Que 2.07 5.39 212.10N/A</u></div>
<div><u>Track 2.18 5.50 216.43N/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 4.92 193.69</u></div>
<div><u>Aylmer-Eth N/A N/A 1.85N/A 1.25 4.70 185.03</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.20 4.65 183.06</u></div>
<div><u>London-Ing N/A N/A 2.05N/A 1.35 4.80 188.97</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 5.00 196.84</u></div>
<div><u>W O Feed 2.24 5.56 218.79</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.13 5.45 214.46</u></div>
<div><u>Toledo El. -0.07 3.25 128.00 -0.26 3.19 125.40</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.10 5.42 213.28 1.45 4.90 192.90</u></div>
<div><u>Prescott 1.56 4.88 192.02 1.54 4.99 196.45</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.45</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3233 up 0.0042</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 9.12 1/4 NOV20 HI 9.12 1/4</u></div>
<div><u> LOW 9.01 LOW 9.01</u></div>
<div><u> CLOSE9.05 3/4 Up 1 CLOSE 9.05 3/4 Up 1</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 2.48 11.54 423.93 2.44 11.50 422.46</u></div>
<div><u>CK High 2.55 11.61 426.50 2.50 11.56 424.67</u></div>
<div><u>CK Average 2.51 -0.32 11.56 424.85 2.47 -0.34 11.53 423.69</u></div>
<div><u>Essex Cty 2.50 11.56 424.67 2.45 11.51 422.83</u></div>
<div><u>Mdsx Low 2.46 11.52 423.20 2.42 11.48 421.73</u></div>
<div><u>Mdsx High 2.50 11.56 424.67 2.45 11.51 422.83</u></div>
<div><u>Mdsx Average2.48 -0.34 11.54 423.93 2.44 -0.37 11.49 422.28</u></div>
<div><u>Hensall 2.53 11.59 425.89 2.48 11.54 424.05</u></div>
<div><u>Bruce 2.55 11.61 426.50 2.50 11.56 424.67</u></div>
<div><u>Putnam 2.50 11.56 424.67 2.45 11.51 422.83</u></div>
<div><u>Burford 2.53 11.59 425.77 2.49 11.55 424.30</u></div>
<div><u>Port Perry 2.48 11.54 423.93 2.44 11.50 422.46</u></div>
<div><u>Norfolk 2.50 11.56 424.67 2.50 11.56 424.67</u></div>
<div><u>Palmerston 2.46 11.52 423.20 2.51 11.57 425.03</u></div>
<div><u>Varna 2.55 11.61 426.50 2.50 11.56 424.67</u></div>
<div><u>Trenton N/A 2.50 11.56 424.67</u></div>
<div><u>Winchester N/A 2.55 11.61 426.50</u></div>
<div><u>North Gower 2.54 11.60 426.14 2.52 11.58 425.40</u></div>
<div><u>Vankleek Hil N/A 2.41 11.47 421.36</u></div>
<div><u>Huron FOB 2.66 11.72 430.54 2.55 11.61 426.50</u></div>
<div><u>Kent FOB 2.55 11.61 426.50 2.50 11.56 424.67</u></div>
<div><u>Lambton FOB 2.69 11.75 431.65 2.62 11.68 429.07</u></div>
<div><u>Mdsx FOB 2.63 2.50 N/A N/A 11.69 429.44 2.61 11.67 428.71</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.93 11.99 440.47 2.73 11.79 433.12</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.05 12.11 444.87 3.00 12.06 443.04</u></div>
<div><u>Prescott N/A 2.94 12.00 440.83</u></div>
<div><u>Port Colborn2.88 11.94 438.63 2.93 11.99 440.47</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 8.99 330.38 -0.26 8.79 323.08</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3233 up 0.0042</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>SEP20 HI 5.33 1/4 JUL21 HI 5.51</u></div>
<div><u> LOW 5.16 1/2 LOW 5.38 3/4</u></div>
<div><u> CLOSE 5.20 3/4 Down 6 1/2 CLOSE 5.41 3/4 Down 5</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>SEP20 HI 5.15 3/4 SEP21 HI 5.65 1/2</u></div>
<div><u> LOW 5.04 3/4 LOW 5.57 1/2</u></div>
<div><u> CLOSE 5.05 1/2 Down 9 1/2 CLOSE 5.57 1/2 Down 7</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 1.30</u></div>
<div><u>CAD $/bu 6.76 6.96 6.63 6.36</u></div>
<div><u>CAD $/tonne 248.34 255.63 243.48 233.63</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 1.15 1.38 1.02 N/A 1.40 1.43 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 1.05 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 1.24 N/A 1.54 1.08 0.66</u></div>
<div><u>Varna 1.20 1.40 1.00 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 1.17 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 1.59</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.41 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. 5.21US 6.89CA 5.37US 7.10CA</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 1.62 1.75 1.42 1.01</u></div>
<div><u>CAD $/bu 7.03 7.17 6.84 6.58</u></div>
<div><u>CAD $/tonne 258.48 263.34 251.19 241.83</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 450.96</u></div>
<div><u>DDG's FOB Srn & Aylm 200.00 - 220.00</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";"><br>
</span></p>
<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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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