<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>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
Please note that 2020 Wheat crops bids are now over the December future.</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 28</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 1.3106 down 0.0014</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> DEC20 HI 3.60 DEC20 HI 3.60</u></div>
<div><u> LOW 3.55 LOW 3.55</u></div>
<div><u> CLOSE3.59 1/4 Up 3/4 CLOSE 3.59 1/4 Up 3/4</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 1.60 5.19 204.42 0.95 4.54 178.83</u></div>
<div><u>CK High 1.65 5.24 206.39 1.00 4.59 180.80</u></div>
<div><u>CK Avg 1.64 0.40 5.23 206.06 0.99 -0.09 4.58 180.47</u></div>
<div><u>Essex Cty 1.65 5.24 206.39 1.00 4.59 180.80</u></div>
<div><u>Mdsx Low 1.65 5.24 206.39 1.00 4.59 180.80</u></div>
<div><u>Mdsx High 1.65 5.24 206.39 1.00 4.59 180.80</u></div>
<div><u>Mdsx Avg 1.65 0.41 5.24 206.39 1.00 -0.09 4.59 180.80</u></div>
<div><u>Hensall 1.61 5.20 204.68 1.02 4.61 181.45</u></div>
<div><u>Bruce 1.60 5.19 204.42 1.00 4.59 180.80</u></div>
<div><u>Putnam 1.65 5.24 206.39 1.00 4.59 180.80</u></div>
<div><u>Burford 1.65 5.24 206.39 1.00 4.59 180.80</u></div>
<div><u>Port Perry 1.65 5.24 206.39 1.20 4.79 188.67</u></div>
<div><u>Norfolk 1.65 5.24 206.39 1.00 4.59 180.80</u></div>
<div><u>Palmerston 1.53 5.12 201.66 1.05 4.64 182.77</u></div>
<div><u>Varna 1.60 5.19 204.42 1.00 4.59 180.80</u></div>
<div><u>Trenton 1.60 5.19 204.42 1.20 4.79 188.67</u></div>
<div><u>Winchester 1.60 5.19 204.42 1.40 4.99 196.55</u></div>
<div><u>North Gower 1.53 5.12 201.66 1.40 4.99 196.55</u></div>
<div><u>Vankleek HilN/A 1.38 4.97 195.76</u></div>
<div><u>Huron FOB 1.76 5.35 210.72 1.14 4.73 186.31</u></div>
<div><u>Kent FOB 1.85 5.44 214.26 1.10 4.69 184.74</u></div>
<div><u>Lamb FOB 1.79 5.38 211.90 1.00 4.59 180.80</u></div>
<div><u>Mdsx FOB 1.85 1.80N/A N/A 5.44 214.26 1.10 4.69 184.74</u></div>
<div><u>FOB SW Que 1.90 5.49 216.23N/A</u></div>
<div><u>Track 2.08 5.67 223.12N/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 1.43 5.02 197.73</u></div>
<div><u>Aylmer-Eth N/A N/A 1.85N/A 1.25 4.84 190.64</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A 1.20 4.79 188.67</u></div>
<div><u>London-Ing N/A N/A 2.05N/A 1.40 4.99 196.55</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* 5.29 208.36</u></div>
<div><u>W O Feed 2.25 5.84 230.09</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.10 5.69 224.10</u></div>
<div><u>Toledo El. -0.24 3.36 132.14 -0.26 3.33 131.11</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.05 5.64 222.14 1.40 4.99 196.55</u></div>
<div><u>Prescott 1.43 5.02 197.73 1.71 5.30 208.75</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.59 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 1.3106 down 0.0014</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 9.52 NOV20 HI 9.52</u></div>
<div><u> LOW 9.40 1/4 LOW 9.40 1/4</u></div>
<div><u> CLOSE9.50 1/2 Up 8 1/2 CLOSE 9.50 1/2 Up 8 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 11.96 439.27 2.45 11.96 439.27</u></div>
<div><u>CK High 2.55 12.06 442.95 2.55 12.06 442.95</u></div>
<div><u>CK Average 2.50 -0.34 12.01 441.17 2.50 -0.35 12.00 440.92</u></div>
<div><u>Essex Cty 2.45 11.96 439.27 2.45 11.96 439.27</u></div>
<div><u>Mdsx Low 2.49 12.00 440.74 2.45 11.96 439.27</u></div>
<div><u>Mdsx High 2.50 12.01 441.11 2.50 12.01 441.11</u></div>
<div><u>Mdsx Average2.50 -0.35 12.00 440.92 2.48 -0.36 11.98 440.19</u></div>
<div><u>Hensall 2.53 12.04 442.33 2.50 12.01 441.11</u></div>
<div><u>Bruce 2.50 12.01 441.11 2.50 12.01 441.11</u></div>
<div><u>Putnam 2.50 12.01 441.11 2.50 12.01 441.11</u></div>
<div><u>Burford 2.56 12.07 443.31 2.52 12.03 441.84</u></div>
<div><u>Port Perry 2.51 12.02 441.48 2.47 11.98 440.01</u></div>
<div><u>Norfolk 2.50 12.01 441.11 2.50 12.01 441.11</u></div>
<div><u>Palmerston 2.56 12.07 443.31 2.53 12.04 442.21</u></div>
<div><u>Varna 2.55 12.06 442.95 2.50 12.01 441.11</u></div>
<div><u>Trenton N/A 2.45 11.96 439.27</u></div>
<div><u>Winchester N/A 2.61 12.12 445.15</u></div>
<div><u>North Gower 2.55 12.06 442.95 2.55 12.06 442.95</u></div>
<div><u>Vankleek Hil N/A 2.54 12.05 442.58</u></div>
<div><u>Huron FOB 2.70 12.21 448.46 2.57 12.08 443.68</u></div>
<div><u>Kent FOB 2.50 12.01 441.11 2.50 12.01 441.11</u></div>
<div><u>Lambton FOB 2.70 12.21 448.46 2.65 12.16 446.62</u></div>
<div><u>Mdsx FOB 2.63 2.63 N/A N/A 12.14 445.88 2.56 12.07 443.31</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.95 12.46 457.64 2.76 12.27 450.66</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.00 12.51 459.48 2.90 12.41 455.81</u></div>
<div><u>Prescott N/A 2.93 12.44 456.91</u></div>
<div><u>Port Colborn3.04 12.55 460.95 2.97 12.48 458.38</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 9.44 346.84 -0.26 9.24 339.62</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3106 down 0.0014</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>DEC20 HI 5.55 1/2 JUL21 HI 5.64 3/4</u></div>
<div><u> LOW 5.47 1/2 LOW 5.59 1/4</u></div>
<div><u> CLOSE 5.48 3/4 Down 2 CLOSE 5.61 1/4 Down 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>DEC20 HI 5.43 1/4 SEP21 HI 5.75</u></div>
<div><u> LOW 5.36 LOW 5.67 1/2</u></div>
<div><u> CLOSE 5.39 1/4 Down 1 1/4 CLOSE 5.71 1/4 Down 2 1/2</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 1.51 1.70 1.38 1.22</u></div>
<div><u>CAD $/bu 7.00 7.19 6.86 6.61</u></div>
<div><u>CAD $/tonne 257.04 264.26 252.22 242.83</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 0.90 N/A N/A N/A 1.00 N/A</u></div>
<div><u>London 1.03 1.26 0.90 N/A 1.39 1.41 0.99 N/A</u></div>
<div><u>Hensall 1.20 N/A 0.95 N/A 1.30 N/A 1.00 N/A</u></div>
<div><u>Trenton N/A N/A 0.95 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 0.90 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich 1.20 N/A 0.95 N/A 1.30 N/A 1.00 N/A</u></div>
<div><u>Port Hope N/A N/A 0.95 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Kent Bridge 1.20 N/A 0.95 N/A 1.30 N/A 1.00 N/A</u></div>
<div><u>Chatham N/A N/A 0.90 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 0.90 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.31 0.92 1.01 N/A 1.57 1.11 0.73</u></div>
<div><u>Varna 1.10 1.30 0.90 N/A 1.25 1.40 1.00 N/A</u></div>
<div><u>Mitchell 1.20 1.30 0.95 N/A 1.30 1.40 1.00 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.00 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.53 1.35 1.08 N/A 1.71 1.41 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 1.29 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 1.57 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.44US 7.13CA 5.56US 7.29CA</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 0.99</u></div>
<div><u>CAD $/bu 7.22 7.36 7.03 6.70</u></div>
<div><u>CAD $/tonne 265.46 270.28 258.24 246.20</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 459.78</u></div>
<div><u>DDG's FOB Srn & Aylm 200.00 - 220.00</u></div>
<br>
<br>
</div>
<div id="Signature">
<div>
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<p style="margin-top: 0px; margin-bottom: 0px;"></p>
<div style="margin-top: 0px; margin-bottom: 0px;">
<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>
</div>
</div>
</body>
</html>