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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, August 1</u>
<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3271 up 0.0125</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
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<div class="ContentPasted0"><u>      SEP23   HI 5.08                         DEC23    HI 5.17  1/4</u></div>
<div class="ContentPasted0"><u>             LOW 4.96  1/2                            LOW 5.05  1/2</u></div>
<div class="ContentPasted0"><u>            CLOSE4.97   Down 7                      CLOSE 5.07  1/4  Down 5 3/4</u></div>
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<div class="ContentPasted0"><u>            OLD CROP BASIS                          NEW CROP BASIS</u></div>
<div class="ContentPasted0"><u>Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt</u></div>
<div class="ContentPasted0"><u>ELEVATORS        +DEC23+DEC23+DEC23</u></div>
<div class="ContentPasted0"><u>CK Low       1.40                        6.37 250.78  1.00         6.07 239.06</u></div>
<div class="ContentPasted0"><u>CK High      1.40                        6.37 250.78  1.15         6.22 244.97</u></div>
<div class="ContentPasted0"><u>CK Avg       1.40                  -0.17 6.37 250.78  1.09 -0.43   6.17 242.72</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.40                        6.37 250.78  1.10         6.17 243.00</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.40                        6.37 250.78  1.10         6.17 243.00</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.40                        6.37 250.78  1.15         6.22 244.97</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.40                  -0.17 6.37 250.78  1.12 -0.41   6.19 243.66</u></div>
<div class="ContentPasted0"><u>Hensall      1.42                        6.39 251.43  1.13         6.21 244.31</u></div>
<div class="ContentPasted0"><u>Bruce        1.45                        6.42 252.74  1.15         6.22 244.97</u></div>
<div class="ContentPasted0"><u>Putnam       1.40                        6.37 250.78  1.10         6.17 243.00</u></div>
<div class="ContentPasted0"><u>Guelph       1.40                        6.37 250.78  1.10         6.17 243.00</u></div>
<div class="ContentPasted0"><u>Burford      1.40                        6.37 250.78  1.15         6.22 244.97</u></div>
<div class="ContentPasted0"><u>Port Perry   1.10                        6.07 238.97  0.85         5.92 233.16</u></div>
<div class="ContentPasted0"><u>Norfolk      1.40                        6.37 250.78  1.10         6.17 243.00</u></div>
<div class="ContentPasted0"><u>Palmerston   1.30                        6.27 246.84  1.10         6.17 243.00</u></div>
<div class="ContentPasted0"><u>Varna        1.40                        6.37 250.78  1.15         6.22 244.97</u></div>
<div class="ContentPasted0"><u>Belmore      1.30                        6.27 246.84  1.10         6.17 243.00</u></div>
<div class="ContentPasted0"><u>Trenton      1.20                        6.17 242.90  0.90         5.97 235.13</u></div>
<div class="ContentPasted0"><u>Winchester  N/A                                       1.05         6.12 241.03</u></div>
<div class="ContentPasted0"><u>North Gower  1.20                        6.17 242.90  1.10         6.17 243.00</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.25                        6.22 244.87  0.75         5.82 229.22</u></div>
<div class="ContentPasted0"><u>Huron FOB    1.45  1.51  1.10  1.10      6.42 252.74  1.10         6.17 243.00</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.60                        6.57 258.65  1.18         6.25 246.15</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.63                        6.60 259.83N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.50N/A   N/A   N/A         6.47 254.71  1.20         6.27 246.94</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.10                        7.07 278.33N/A</u></div>
<div class="ContentPasted0"><u>Track        2.01                        6.98 274.79N/A</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Chat-Eth    N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>Jhnstwn-Eth N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>Aylmer-Eth  N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>Sarn-Eth    N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>London-Ing  N/A  N/A     1.55  1.55                   1.55         6.62 260.72</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>W O Feed     2.01                        6.98 274.79</u></div>
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<div class="ContentPasted0"><u>US Rep       2.48                        7.45 293.29</u></div>
<div class="ContentPasted0"><u>Toledo El.   0.53                        5.50 216.56 -0.60         4.48 176.19</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb    N/A                                       1.45         6.52 256.78</u></div>
<div class="ContentPasted0"><u>Prescott    N/A                                       0.75         5.82 229.22</u></div>
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<div class="ContentPasted0"><u>HI SD CRN                                             1.15         6.22 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3271 up 0.0125</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly higher.</u></div>
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<div class="ContentPasted0"><u>      NOV23   HI 13.44  1/2              NOV23     HI 13.44  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 13.26  1/4                       LOW 13.26  1/4</u></div>
<div class="ContentPasted0"><u>            CLOSE13.41  1/4  Up 9 1/2           CLOSE 13.41  1/4  Up 9 1/2</u></div>
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<div class="ContentPasted0"><u>            OLD CROP                                  NEW CROP</u></div>
<div class="ContentPasted0"><u>Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt</u></div>
<div class="ContentPasted0"><u>ELEVATORS        +NOV23+NOV23+NOV23</u></div>
<div class="ContentPasted0"><u>CK Low      4.86                         18.27 671.40  3.07        16.48 605.63</u></div>
<div class="ContentPasted0"><u>CK High     4.90                         18.31 672.87  3.20        16.61 610.40</u></div>
<div class="ContentPasted0"><u>CK Average  4.89                    0.38 18.31 672.62  3.12 -0.95  16.54 607.62</u></div>
<div class="ContentPasted0"><u>Essex Cty   4.85                         18.26 671.03  3.15        16.56 608.57</u></div>
<div class="ContentPasted0"><u>Mdsx Low    4.75                         18.16 667.36  3.05        16.46 604.89</u></div>
<div class="ContentPasted0"><u>Mdsx High   4.90                         18.31 672.87  3.15        16.56 608.57</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.85                    0.35 18.26 670.94  3.09 -0.98  16.50 606.27</u></div>
<div class="ContentPasted0"><u>Hensall     4.83                         18.25 670.42  3.08        16.50 606.12</u></div>
<div class="ContentPasted0"><u>Bruce       4.85                         18.26 671.03  3.10        16.51 606.73</u></div>
<div class="ContentPasted0"><u>Putnam      4.90                         18.31 672.87  3.10        16.51 606.73</u></div>
<div class="ContentPasted0"><u>Guelph      4.69                         18.10 665.15  3.00        16.41 603.06</u></div>
<div class="ContentPasted0"><u>Burford     4.94                         18.35 674.34  3.15        16.56 608.57</u></div>
<div class="ContentPasted0"><u>Port Perry  4.78                         18.19 668.46  2.99        16.40 602.69</u></div>
<div class="ContentPasted0"><u>Norfolk     4.90                         18.31 672.87  3.20        16.61 610.40</u></div>
<div class="ContentPasted0"><u>Palmerston  4.85                         18.26 671.03  3.10        16.51 606.73</u></div>
<div class="ContentPasted0"><u>Varna       4.75                         18.16 667.36  3.05        16.46 604.89</u></div>
<div class="ContentPasted0"><u>Trenton      N/A                                       3.10        16.51 606.73</u></div>
<div class="ContentPasted0"><u>Winchester   N/A                                       3.10        16.51 606.73</u></div>
<div class="ContentPasted0"><u>North Gower 5.15                         18.56 682.06  3.20        16.61 610.40</u></div>
<div class="ContentPasted0"><u>Vankleek Hil3.86                         17.27 634.66  3.22        16.63 611.14</u></div>
<div class="ContentPasted0"><u>Huron FOB   4.89  N/A   3.10  3.10       18.30 672.50  3.10        16.51 606.73</u></div>
<div class="ContentPasted0"><u>Kent FOB    5.00                         18.41 676.54  3.15        16.56 608.57</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.95                         18.36 674.71  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    4.93  N/A   N/A   N/A        18.34 673.97  3.32        16.73 614.81</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.57                         18.98 697.49  3.83        17.24 633.55</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.35                         18.76 689.40  3.75        17.16 630.61</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       3.22        16.63 611.14</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A                                       3.89        17.30 635.76</u></div>
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<div class="ContentPasted0"><u>Toledo El.  0.00                         13.41 492.83 -0.80        12.62 463.57</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3271 up 0.0125</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     6.75                 JUL24   HI         7.33</u></div>
<div class="ContentPasted0"><u>           LOW    6.43  1/4                    LOW     7.10  1/2</u></div>
<div class="ContentPasted0"><u>           CLOSE  6.52  1/4  Down 13 1/2       CLOSE   7.18  1/2  Down 8 3/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     8.70  1/2            SEP24   HI      8.22  3/4</u></div>
<div class="ContentPasted0"><u>           LOW    8.46  1/4                    LOW        8.14</u></div>
<div class="ContentPasted0"><u>           CLOSE  8.54  3/4  Down 1            CLOSE   8.22  3/4  Down 1 1/4</u></div>
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<div class="ContentPasted0"><u>Direct MarkHarvest 2023                Harvest 2024</u></div>
<div class="ContentPasted0"><u>           DELIVERED BASIS             DELIVERED BASIS</u></div>
<div class="ContentPasted0"><u>Location   SWW(C) HRW(C) SRW(C) HRS(M) SWW(C)  HRW(C)  SRW(C) HRS(M)</u></div>
<div class="ContentPasted0"><u>ELEVATORS</u></div>
<div class="ContentPasted0"><u>Brgssvll     N/A    N/A   1.10    N/A    N/A     N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>London      1.68   1.22   0.55    N/A    1.87    1.36   0.76    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     1.95   1.50   0.70   1.40    1.70    1.50   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Trenton      N/A    N/A   0.65    N/A    N/A     N/A     N/A    N/A</u></div>
<div class="ContentPasted0"><u>Bruce       1.70   1.10   0.70   1.15    1.30    1.20   0.80    N/A</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   0.50    N/A    N/A     N/A    0.80    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     1.95    N/A   0.70    N/A    1.80    N/A    0.80    N/A</u></div>
<div class="ContentPasted0"><u>Belmore     1.75   1.25   0.70   1.20    1.90    1.30   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 1.95    N/A   0.60    N/A    1.80    N/A    0.80    N/A</u></div>
<div class="ContentPasted0"><u>Chatham      N/A    N/A   0.50    N/A    N/A     N/A    0.80    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   0.40    N/A    N/A     N/A    0.80    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston  1.75   1.25   0.70   1.20    1.90    1.30   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Varna       1.95   1.50   0.70    N/A    1.70    1.50   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    1.95   1.35   0.70    N/A    1.80    1.30   0.80    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    1.68   1.22   0.62   1.20    1.87    1.36   0.76    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.85   1.10   1.22    N/A     0.55   0.85   0.87</u></div>
<div class="ContentPasted0"><u>W O Feed                  1.43</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.22    N/A    N/A     N/A    1.02    N/A</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Toledo FM    N/A    N/A   1.74    N/A    N/A     N/A     N/A    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 6.14US        8.15CA         6.95US         9.22CA</u></div>
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<div class="ContentPasted0"><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div class="ContentPasted0"><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
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<div class="ContentPasted0"><u>FEED GRAINS</u></div>
<div class="ContentPasted0"><u>FOB Hm Soymeal            714.42</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            300.00</u></div>
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<p 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>
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<span style="font-size:10.0pt;font-family:"Courier New"">Editor, 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"> 
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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