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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, September 2</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 1.3077 up 0.0001</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> DEC20 HI 3.59 1/2 DEC20 HI 3.59 1/2</u></div>
<div><u> LOW 3.54 1/4 LOW 3.54 1/4</u></div>
<div><u> CLOSE3.58 3/4 Up 3/4 CLOSE 3.58 3/4 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+MAR21</u></div>
<div><u>CK Low 1.65 5.24 206.19 1.00 4.59 180.60</u></div>
<div><u>CK High 1.65 5.24 206.19 1.00 4.59 180.60</u></div>
<div><u>CK Avg 1.65 0.42 5.24 206.19 1.00 -0.07 4.59 180.60</u></div>
<div><u>Essex Cty 1.65 5.24 206.19 1.00 4.59 180.60</u></div>
<div><u>Mdsx Low 1.65 5.24 206.19 1.00 4.59 180.60</u></div>
<div><u>Mdsx High 1.65 5.24 206.19 1.00 4.59 180.60</u></div>
<div><u>Mdsx Avg 1.65 0.42 5.24 206.19 1.00 -0.07 4.59 180.60</u></div>
<div><u>Hensall 1.65 5.24 206.19 1.02 4.60 181.26</u></div>
<div><u>Bruce 1.60 5.19 204.22 1.00 4.59 180.60</u></div>
<div><u>Putnam 1.65 5.24 206.19 1.00 4.59 180.60</u></div>
<div><u>Burford 1.65 5.24 206.19 1.00 4.59 180.60</u></div>
<div><u>Port Perry 1.65 5.24 206.19 1.20 4.79 188.48</u></div>
<div><u>Norfolk 1.65 5.24 206.19 1.00 4.59 180.60</u></div>
<div><u>Palmerston 1.59 5.18 203.83 1.03 4.62 181.78</u></div>
<div><u>Varna 1.65 5.24 206.19 1.00 4.59 180.60</u></div>
<div><u>Trenton 1.65 5.24 206.19 1.20 4.79 188.48</u></div>
<div><u>Winchester 1.60 5.19 204.22 1.40 4.99 196.35</u></div>
<div><u>North Gower 1.60 5.19 204.22 1.40 4.99 196.35</u></div>
<div><u>Vankleek HilN/A 1.08 4.67 183.75</u></div>
<div><u>Huron FOB 1.71 5.30 208.55 1.10 4.69 184.54</u></div>
<div><u>Kent FOB 1.85 5.44 214.06 1.10 4.69 184.54</u></div>
<div><u>Lamb FOB 1.83 5.42 213.28 1.10 4.69 184.54</u></div>
<div><u>Mdsx FOB 1.80N/A N/A N/A 5.39 212.10 1.10 4.69 184.54</u></div>
<div><u>FOB SW Que 1.82 5.41 212.88N/A</u></div>
<div><u>Track 2.05 5.64 221.94N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A 1.41 1.38 1.41 5.00 196.74</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Sarn-Eth N/A N/A 1.20N/A 1.20 4.79 188.48</u></div>
<div><u>London-Ing N/A 1.95 1.45 1.45 1.45 5.04 198.32</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 1.80 1.70 1.60 1.70* 5.29 208.16</u></div>
<div><u>W O Feed 2.18 5.77 227.21</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.08 5.67 223.12</u></div>
<div><u>Toledo El. -0.20 3.39 133.51 -0.26 3.33 130.95</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.10 5.69 223.91 1.35 4.94 194.38</u></div>
<div><u>Prescott 1.80 5.39 212.10 1.67 5.26 206.98</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 4.58 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3077 up 0.0001</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 9.63 NOV20 HI 9.63</u></div>
<div><u> LOW 9.46 LOW 9.46</u></div>
<div><u> CLOSE9.62 Up 7 1/4 CLOSE 9.62 Up 7 1/4</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+JAN21</u></div>
<div><u>CK Low 2.39 12.01 441.29 2.39 12.01 441.29</u></div>
<div><u>CK High 2.45 12.07 443.50 2.45 12.07 443.50</u></div>
<div><u>CK Average 2.42 -0.41 12.04 442.39 2.42 -0.40 12.04 442.39</u></div>
<div><u>Essex Cty 2.43 12.05 442.76 2.43 12.05 442.76</u></div>
<div><u>Mdsx Low 2.37 11.99 440.56 2.37 11.99 440.56</u></div>
<div><u>Mdsx High 2.40 12.02 441.66 2.40 12.02 441.66</u></div>
<div><u>Mdsx Average2.39 -0.44 12.01 441.11 2.39 -0.42 12.01 441.11</u></div>
<div><u>Hensall 2.47 12.09 444.11 2.43 12.05 442.88</u></div>
<div><u>Bruce 2.40 12.02 441.66 2.40 12.02 441.66</u></div>
<div><u>Putnam 2.40 12.02 441.66 2.40 12.02 441.66</u></div>
<div><u>Burford 2.44 12.06 443.13 2.44 12.06 443.13</u></div>
<div><u>Port Perry 2.39 12.01 441.29 2.39 12.01 441.29</u></div>
<div><u>Norfolk 2.43 12.05 442.76 2.43 12.05 442.76</u></div>
<div><u>Palmerston 2.54 12.16 446.80 2.48 12.10 444.60</u></div>
<div><u>Varna 2.50 12.12 445.33 2.45 12.07 443.50</u></div>
<div><u>Trenton N/A 2.40 12.02 441.66</u></div>
<div><u>Winchester N/A 2.59 12.21 448.64</u></div>
<div><u>North Gower 2.50 12.12 445.33 2.55 12.17 447.17</u></div>
<div><u>Vankleek Hil N/A 2.50 12.12 445.33</u></div>
<div><u>Huron FOB 2.55 12.17 447.17 2.49 12.11 444.97</u></div>
<div><u>Kent FOB 2.43 12.05 442.76 2.43 12.05 442.76</u></div>
<div><u>Lambton FOB 2.57 12.19 447.91 2.50 12.12 445.33</u></div>
<div><u>Mdsx FOB 2.57 2.44 2.50 N/A 12.19 447.91 2.44 12.06 443.13</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor N/A 2.76 12.38 454.89</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.88 12.50 459.30 2.83 12.45 457.46</u></div>
<div><u>Prescott N/A 2.82 12.44 457.09</u></div>
<div><u>Port Colborn2.84 12.46 457.83 2.91 12.53 460.40</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 9.55 351.07 -0.26 9.36 343.88</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3077 up 0.0001</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>DEC20 HI 5.65 3/4 JUL21 HI 5.74 3/4</u></div>
<div><u> LOW 5.54 3/4 LOW 5.66 1/4</u></div>
<div><u> CLOSE 5.58 1/4 Down 5 3/4 CLOSE 5.69 1/2 Down 3</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>DEC20 HI 5.49 1/2 SEP21 HI 5.79</u></div>
<div><u> LOW 5.45 LOW 5.75 1/4</u></div>
<div><u> CLOSE 5.47 1/2 Up 1 1/4 CLOSE 5.77 3/4 Up 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 1.52 1.72 1.39 1.23</u></div>
<div><u>CAD $/bu 7.10 7.30 6.97 6.70</u></div>
<div><u>CAD $/tonne 261.03 268.24 256.23 246.26</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 1.05 1.24 0.92 N/A 1.40 1.40 1.01 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 0.95 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 0.95 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 0.95 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.34 0.92 1.09 N/A 1.55 1.10 0.71</u></div>
<div><u>Varna 1.10 1.35 0.95 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 1.04 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.50 1.25 1.08 N/A 1.65 1.36 0.90</u></div>
<div><u>W O Feed 1.56</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.44 N/A N/A N/A 1.41 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.65 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.48US 7.17CA 5.65US 7.37CA</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 0.98</u></div>
<div><u>CAD $/bu 7.30 7.43 7.11 6.76</u></div>
<div><u>CAD $/tonne 268.38 273.18 261.19 248.36</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 460.66</u></div>
<div><u>DDG's FOB Srn & Aylm 215.00 - 230.00</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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