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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, August 25</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 1.3184 down 0.0049</u></div>
<div><u>Chicago corn closed higher.</u></div>
<div><u><br>
</u></div>
<div><u> SEP20 HI 3.41 1/2 DEC20 HI 3.55</u></div>
<div><u> LOW 3.34 3/4 LOW 3.48</u></div>
<div><u> CLOSE3.40 3/4 Up 9 CLOSE 3.54 1/2 Up 9 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 5.11 201.07 0.95 4.50 176.96</u></div>
<div><u>CK High 1.79 5.20 204.62 1.00 4.55 178.93</u></div>
<div><u>CK Avg 1.76 0.51 5.17 203.50 0.97 -0.12 4.51 177.62</u></div>
<div><u>Essex Cty 1.75 5.16 203.04 1.00 4.55 178.93</u></div>
<div><u>Mdsx Low 1.75 5.16 203.04 0.95 4.50 176.96</u></div>
<div><u>Mdsx High 1.79 5.20 204.62 1.00 4.55 178.93</u></div>
<div><u>Mdsx Avg 1.77 0.52 5.18 203.83 0.98 -0.12 4.52 177.94</u></div>
<div><u>Hensall 1.71 5.12 201.60 1.02 4.56 179.58</u></div>
<div><u>Bruce 1.70 5.11 201.07 0.95 4.50 176.96</u></div>
<div><u>Putnam 1.79 5.20 204.62 0.95 4.50 176.96</u></div>
<div><u>Burford 1.75 5.16 203.04 0.95 4.50 176.96</u></div>
<div><u>Port Perry 1.70 5.11 201.07 1.20 4.75 186.80</u></div>
<div><u>Norfolk 1.75 5.16 203.04 1.00 4.55 178.93</u></div>
<div><u>Palmerston 1.68 5.09 200.29 1.06 4.61 181.29</u></div>
<div><u>Varna 1.65 5.06 199.10 1.00 4.55 178.93</u></div>
<div><u>Trenton 1.75 5.16 203.04 1.20 4.75 186.80</u></div>
<div><u>Winchester 1.70 5.11 201.07 1.40 4.95 194.68</u></div>
<div><u>North Gower 1.70 5.11 201.07 1.40 4.95 194.68</u></div>
<div><u>Vankleek HilN/A 1.39 4.94 194.28</u></div>
<div><u>Huron FOB 1.82 5.23 205.80 1.10 4.65 182.87</u></div>
<div><u>Kent FOB 1.90 5.31 208.95 1.05 4.60 180.90</u></div>
<div><u>Lamb FOB 1.88 5.29 208.16 1.00 4.55 178.93</u></div>
<div><u>Mdsx FOB 1.85 1.80N/A N/A 5.26 206.98 1.10 4.65 182.87</u></div>
<div><u>FOB SW Que 2.12 5.53 217.61N/A</u></div>
<div><u>Track 2.18 5.59 219.97N/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 5.02 197.43</u></div>
<div><u>Aylmer-Eth N/A N/A 1.85N/A 1.25 4.80 188.77</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.20 4.75 186.80</u></div>
<div><u>London-Ing N/A N/A 2.05N/A 1.35 4.90 192.71</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 1.80N/A 1.55 5.10 200.58</u></div>
<div><u>W O Feed 2.33 5.73 225.72</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.14 5.55 218.40</u></div>
<div><u>Toledo El. -0.07 3.34 131.55 -0.26 3.28 129.18</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.10 5.51 216.82 1.45 5.00 196.64</u></div>
<div><u>Prescott 1.56 4.97 195.56 1.72 5.27 207.27</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.54 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 1.3184 down 0.0049</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 9.20 3/4 NOV20 HI 9.20 3/4</u></div>
<div><u> LOW 9.11 LOW 9.11</u></div>
<div><u> CLOSE9.20 1/4 Up 14 1/2 CLOSE 9.20 1/4 Up 14 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 2.50 11.70 429.99 2.48 11.68 429.26</u></div>
<div><u>CK High 2.55 11.75 431.83 2.50 11.70 429.99</u></div>
<div><u>CK Average 2.51 -0.32 11.71 430.36 2.50 -0.33 11.70 429.87</u></div>
<div><u>Essex Cty 2.50 11.70 429.99 2.50 11.70 429.99</u></div>
<div><u>Mdsx Low 2.49 11.69 429.63 2.46 11.66 428.52</u></div>
<div><u>Mdsx High 2.50 11.70 429.99 2.50 11.70 429.99</u></div>
<div><u>Mdsx Average2.50 -0.33 11.70 429.81 2.48 -0.34 11.68 429.26</u></div>
<div><u>Hensall 2.53 11.74 431.22 2.50 11.70 429.99</u></div>
<div><u>Bruce 2.50 11.70 429.99 2.50 11.70 429.99</u></div>
<div><u>Putnam 2.50 11.70 429.99 2.50 11.70 429.99</u></div>
<div><u>Burford 2.56 11.76 432.20 2.53 11.73 431.10</u></div>
<div><u>Port Perry 2.51 11.71 430.36 2.48 11.68 429.26</u></div>
<div><u>Norfolk 2.50 11.70 429.99 2.50 11.70 429.99</u></div>
<div><u>Palmerston 2.46 11.66 428.52 2.51 11.71 430.36</u></div>
<div><u>Varna 2.55 11.75 431.83 2.50 11.70 429.99</u></div>
<div><u>Trenton N/A 2.50 11.70 429.99</u></div>
<div><u>Winchester N/A 2.55 11.75 431.83</u></div>
<div><u>North Gower 2.54 11.74 431.46 2.52 11.72 430.73</u></div>
<div><u>Vankleek Hil N/A 2.41 11.61 426.69</u></div>
<div><u>Huron FOB 2.66 11.86 435.87 2.55 11.75 431.83</u></div>
<div><u>Kent FOB 2.55 11.75 431.83 2.50 11.70 429.99</u></div>
<div><u>Lambton FOB 2.73 11.93 438.44 2.66 11.86 435.87</u></div>
<div><u>Mdsx FOB 2.70 2.56 N/A N/A 11.90 437.34 2.63 11.83 434.77</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.93 12.13 445.79 2.73 11.93 438.44</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.05 12.25 450.20 3.00 12.20 448.37</u></div>
<div><u>Prescott N/A 2.94 12.14 446.16</u></div>
<div><u>Port Colborn2.91 12.11 445.06 3.04 12.24 449.83</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 9.14 335.71 -0.26 8.94 328.45</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3184 down 0.0049</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div><u>SEP20 HI 5.33 3/4 JUL21 HI 5.54</u></div>
<div><u> LOW 5.20 3/4 LOW 5.41 1/2</u></div>
<div><u> CLOSE 5.27 1/4 Up 6 1/2 CLOSE 5.48 Up 6 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>SEP20 HI 5.19 1/4 SEP21 HI 5.68</u></div>
<div><u> LOW 5.04 3/4 LOW 5.62 3/4</u></div>
<div><u> CLOSE 5.16 1/2 Up 11 CLOSE 5.65 3/4 Up 8 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 1.74 1.42 1.31</u></div>
<div><u>CAD $/bu 6.82 7.02 6.69 6.48</u></div>
<div><u>CAD $/tonne 250.57 257.84 245.73 238.10</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 1.12 1.36 0.99 N/A 1.39 1.42 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 1.00 N/A N/A N/A 1.05 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 1.00 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.00 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.42 1.02 1.25 N/A 1.59 1.12 0.68</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 1.10 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 1.39 N/A N/A N/A 1.39 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 5.43US 7.16CA</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 1.42 1.01</u></div>
<div><u>CAD $/bu 7.09 7.22 6.90 6.67</u></div>
<div><u>CAD $/tonne 260.62 265.47 253.35 245.00</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 453.72</u></div>
<div><u>DDG's FOB Srn & Aylm 200.00 - 220.00</u></div>
<u><br>
<br>
</u></div>
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<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </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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