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Please note: Old crop corn bids are now over the Dec 2020 future</div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, August 27</u>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.312 down 0.0037</u></div>
<div><u>Chicago corn closed moderately higher.</u></div>
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</u></div>
<div><u> DEC20 HI 3.59 DEC20 HI 3.59</u></div>
<div><u> LOW 3.52 3/4 LOW 3.52 3/4</u></div>
<div><u> CLOSE3.58 1/2 Up 4 1/4 CLOSE 3.58 1/2 Up 4 1/4</u></div>
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</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 1.60 5.19 204.12 0.95 4.54 178.54</u></div>
<div><u>CK High 1.65 5.24 206.09 1.00 4.59 180.50</u></div>
<div><u>CK Avg 1.64 0.39 5.22 205.50 0.99 -0.10 4.58 180.18</u></div>
<div><u>Essex Cty 1.61 5.20 204.52 1.00 4.59 180.50</u></div>
<div><u>Mdsx Low 1.65 5.24 206.09 1.00 4.59 180.50</u></div>
<div><u>Mdsx High 1.65 5.24 206.09 1.00 4.59 180.50</u></div>
<div><u>Mdsx Avg 1.65 0.41 5.24 206.09 1.00 -0.09 4.59 180.50</u></div>
<div><u>Hensall 1.60 5.19 204.26 1.02 4.60 181.16</u></div>
<div><u>Bruce 1.56 5.15 202.55 0.95 4.54 178.54</u></div>
<div><u>Putnam 1.65 5.24 206.09 1.00 4.59 180.50</u></div>
<div><u>Burford 1.65 5.24 206.09 1.00 4.59 180.50</u></div>
<div><u>Port Perry 1.65 5.24 206.09 1.20 4.79 188.38</u></div>
<div><u>Norfolk 1.61 5.20 204.52 1.00 4.59 180.50</u></div>
<div><u>Palmerston 1.52 5.11 200.97 1.05 4.64 182.47</u></div>
<div><u>Varna 1.60 5.19 204.12 1.00 4.59 180.50</u></div>
<div><u>Trenton 1.60 5.19 204.12 1.20 4.79 188.38</u></div>
<div><u>Winchester 1.60 5.19 204.12 1.40 4.99 196.25</u></div>
<div><u>North Gower 1.56 5.15 202.55 1.40 4.99 196.25</u></div>
<div><u>Vankleek HilN/A 1.38 4.97 195.46</u></div>
<div><u>Huron FOB 1.76 5.35 210.42 1.14 4.73 186.02</u></div>
<div><u>Kent FOB 1.76 5.35 210.42 1.05 4.64 182.47</u></div>
<div><u>Lamb FOB 1.78 5.37 211.21 1.00 4.59 180.50</u></div>
<div><u>Mdsx FOB 1.85 1.80N/A N/A 5.44 213.97 1.10 4.69 184.44</u></div>
<div><u>FOB SW Que 1.89 5.48 215.54N/A</u></div>
<div><u>Track 2.03 5.61 220.86N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 1.84N/A N/A N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.45 5.04 198.22</u></div>
<div><u>Aylmer-Eth N/A N/A 1.85N/A 1.25 4.84 190.35</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.20 4.79 188.38</u></div>
<div><u>London-Ing N/A N/A 2.05N/A 1.40 4.99 196.25</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 1.70* 5.29 208.06</u></div>
<div><u>W O Feed 2.26 5.85 230.11</u></div>
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</u></div>
<div><u>US Rep 2.10 5.69 223.81</u></div>
<div><u>Toledo El. -0.25 3.34 131.32 -0.26 3.32 130.80</u></div>
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</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.05 5.64 221.84 1.40 4.99 196.25</u></div>
<div><u>Prescott 1.42 5.01 197.04 1.71 5.30 208.45</u></div>
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</u></div>
<div><u>HI SD CRN 1.00 4.58 1/2</u></div>
<div><u>*Wet Bid</u></div>
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<div><u>Exchange rate was 1.312 down 0.0037</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
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</u></div>
<div><u> NOV20 HI 9.48 3/4 NOV20 HI 9.48 3/4</u></div>
<div><u> LOW 9.23 3/4 LOW 9.23 3/4</u></div>
<div><u> CLOSE9.42 Up 17 3/4 CLOSE 9.42 Up 17 3/4</u></div>
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</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 2.55 11.97 439.82 2.52 11.94 438.72</u></div>
<div><u>CK High 2.56 11.98 440.19 2.55 11.97 439.82</u></div>
<div><u>CK Average 2.55 -0.30 11.97 439.88 2.55 -0.30 11.97 439.64</u></div>
<div><u>Essex Cty 2.55 11.97 439.82 2.50 11.92 437.99</u></div>
<div><u>Mdsx Low 2.54 11.96 439.45 2.50 11.92 437.99</u></div>
<div><u>Mdsx High 2.55 11.97 439.82 2.55 11.97 439.82</u></div>
<div><u>Mdsx Average2.55 -0.30 11.97 439.64 2.53 -0.32 11.95 438.90</u></div>
<div><u>Hensall 2.55 11.97 439.82 2.52 11.94 438.60</u></div>
<div><u>Bruce 2.50 11.92 437.99 2.50 11.92 437.99</u></div>
<div><u>Putnam 2.55 11.97 439.82 2.55 11.97 439.82</u></div>
<div><u>Burford 2.61 12.03 442.03 2.57 11.99 440.56</u></div>
<div><u>Port Perry 2.56 11.98 440.19 2.52 11.94 438.72</u></div>
<div><u>Norfolk 2.55 11.97 439.82 2.55 11.97 439.82</u></div>
<div><u>Palmerston 2.48 11.90 437.25 2.51 11.93 438.35</u></div>
<div><u>Varna 2.55 11.97 439.82 2.50 11.92 437.99</u></div>
<div><u>Trenton N/A 2.50 11.92 437.99</u></div>
<div><u>Winchester N/A 2.65 12.07 443.50</u></div>
<div><u>North Gower 2.55 11.97 439.82 2.55 11.97 439.82</u></div>
<div><u>Vankleek Hil N/A 2.60 12.02 441.66</u></div>
<div><u>Huron FOB 2.70 12.12 445.33 2.57 11.99 440.56</u></div>
<div><u>Kent FOB 2.55 11.97 439.82 2.55 11.97 439.82</u></div>
<div><u>Lambton FOB 2.70 12.12 445.33 2.65 12.07 443.50</u></div>
<div><u>Mdsx FOB 2.68 2.68 N/A N/A 12.10 444.60 2.61 12.03 442.03</u></div>
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<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.93 12.35 453.78 2.73 12.15 446.44</u></div>
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</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.05 12.47 458.19 3.00 12.42 456.36</u></div>
<div><u>Prescott N/A 3.05 12.47 458.19</u></div>
<div><u>Port Colborn3.09 12.51 459.66 3.02 12.44 457.09</u></div>
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<div><u>Toledo El. -0.07 9.35 343.72 -0.26 9.16 336.48</u></div>
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</u></div>
<div><u>Exchange rate was 1.312 down 0.0037</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div><u>SEP20 HI 5.43 3/4 JUL21 HI 5.63</u></div>
<div><u> LOW 5.31 LOW 5.51 3/4</u></div>
<div><u> CLOSE 5.42 1/2 Up 10 1/2 CLOSE 5.61 1/2 Up 8 1/2</u></div>
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</u></div>
<div><u>Minni wheat closed slightly to moderately higher.</u></div>
<div><u>SEP20 HI 5.29 3/4 SEP21 HI 5.74 3/4</u></div>
<div><u> LOW 5.16 1/4 LOW 5.69 1/2</u></div>
<div><u> CLOSE 5.22 3/4 Up 5 1/2 CLOSE 5.73 3/4 Up 6</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 1.56 1.76 1.43 1.30</u></div>
<div><u>CAD $/bu 6.99 7.18 6.86 6.53</u></div>
<div><u>CAD $/tonne 256.70 263.94 251.88 239.95</u></div>
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</u></div>
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</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 1.00 N/A N/A N/A 1.00 N/A</u></div>
<div><u>London 1.15 1.38 1.01 N/A 1.37 1.39 0.97 N/A</u></div>
<div><u>Hensall 1.25 N/A 1.00 N/A 1.30 N/A 1.00 N/A</u></div>
<div><u>Trenton N/A N/A 1.03 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Bruce 1.00 1.15 0.95 0.95 1.10 1.35 1.00 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 1.00 N/A 1.30 N/A 1.00 N/A</u></div>
<div><u>Port Hope N/A N/A 1.03 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Kent Bridge 1.25 N/A 1.00 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 1.43 1.03 1.23 N/A 1.58 1.12 0.76</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 1.00 N/A 1.30 1.40 1.00 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.21 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.60 1.35 1.25 N/A 1.70 1.40 0.95</u></div>
<div><u>W O Feed 1.63</u></div>
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</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.41 N/A N/A N/A 1.37 N/A</u></div>
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</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.69 N/A N/A N/A N/A N/A</u></div>
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</u></div>
<div><u>Toledo El. 5.43US 7.12CA 5.57US 7.30CA</u></div>
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</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 1.43 1.00</u></div>
<div><u>CAD $/bu 7.24 7.37 7.04 6.74</u></div>
<div><u>CAD $/tonne 265.93 270.76 258.70 247.73</u></div>
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</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>
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</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 452.73</u></div>
<div><u>DDG's FOB Srn & Aylm 200.00 - 220.00</u></div>
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<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>
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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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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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