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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, August 2</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3325 up 0.0054</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly to moderately lower.</u></div>
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<div class="ContentPasted0"><u>      SEP23   HI 5.12  1/4                    DEC23    HI 5.23  1/4</u></div>
<div class="ContentPasted0"><u>             LOW 4.85  3/4                            LOW 4.97  1/2</u></div>
<div class="ContentPasted0"><u>            CLOSE4.88  1/4  Down 8 3/4              CLOSE 5.00  1/2  Down 6 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                        6.28 247.33  1.00         6.01 236.41</u></div>
<div class="ContentPasted0"><u>CK High      1.40                        6.28 247.33  1.13         6.14 241.52</u></div>
<div class="ContentPasted0"><u>CK Avg       1.40                  -0.17 6.28 247.33  1.09 -0.43   6.10 240.12</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.40                        6.28 247.33  1.13         6.14 241.52</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.40                        6.28 247.33  1.10         6.11 240.34</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.40                        6.28 247.33  1.13         6.14 241.52</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.40                  -0.17 6.28 247.33  1.11 -0.42   6.12 240.74</u></div>
<div class="ContentPasted0"><u>Hensall      1.42                        6.30 247.99  1.12         6.12 241.00</u></div>
<div class="ContentPasted0"><u>Bruce        1.45                        6.33 249.30  1.10         6.11 240.34</u></div>
<div class="ContentPasted0"><u>Putnam       1.40                        6.28 247.33  1.10         6.11 240.34</u></div>
<div class="ContentPasted0"><u>Guelph       1.40                        6.28 247.33  1.10         6.11 240.34</u></div>
<div class="ContentPasted0"><u>Burford      1.40                        6.28 247.33  1.10         6.11 240.34</u></div>
<div class="ContentPasted0"><u>Port Perry   1.10                        5.98 235.52  0.85         5.86 230.50</u></div>
<div class="ContentPasted0"><u>Norfolk      1.40                        6.28 247.33  1.13         6.14 241.52</u></div>
<div class="ContentPasted0"><u>Palmerston   1.30                        6.18 243.39  1.10         6.11 240.34</u></div>
<div class="ContentPasted0"><u>Varna        1.40                        6.28 247.33  1.10         6.11 240.34</u></div>
<div class="ContentPasted0"><u>Belmore      1.30                        6.18 243.39  1.10         6.11 240.34</u></div>
<div class="ContentPasted0"><u>Trenton      1.20                        6.08 239.46  0.90         5.91 232.47</u></div>
<div class="ContentPasted0"><u>Winchester  N/A                                       1.05         6.06 238.37</u></div>
<div class="ContentPasted0"><u>North Gower  1.15                        6.03 237.49  1.10         6.11 240.34</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.24                        6.12 241.03  0.74         5.75 226.17</u></div>
<div class="ContentPasted0"><u>Huron FOB    1.45  1.52  1.10  1.10      6.33 249.30  1.10         6.11 240.34</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.60                        6.48 255.20  1.21         6.22 244.67</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.57                        6.45 254.02N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.50N/A     1.15  1.15      6.38 251.27  1.15         6.16 242.31</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.31                        7.19 283.16N/A</u></div>
<div class="ContentPasted0"><u>Track        2.00                        6.88 270.95N/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     1.55N/A                      1.55         6.56 258.06</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     2.00                        6.88 270.95</u></div>
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<div class="ContentPasted0"><u>US Rep       2.42                        7.30 287.49</u></div>
<div class="ContentPasted0"><u>Toledo El.   0.53                        5.42 213.20 -0.60         4.41 173.43</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb    N/A                                       1.45         6.46 254.12</u></div>
<div class="ContentPasted0"><u>Prescott    N/A                                       1.30         6.31 248.22</u></div>
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<div class="ContentPasted0"><u>HI SD CRN                                             1.13         6.13 1/2</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3325 up 0.0054</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly to moderately lower.</u></div>
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<div class="ContentPasted0"><u>      NOV23   HI 13.54                   NOV23     HI 13.54</u></div>
<div class="ContentPasted0"><u>             LOW 13.15                            LOW 13.15</u></div>
<div class="ContentPasted0"><u>            CLOSE13.21  1/4  Down 20            CLOSE 13.21  1/4  Down 20</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      4.85                         18.06 663.68  3.10        16.31 599.38</u></div>
<div class="ContentPasted0"><u>CK High     4.90                         18.11 665.52  3.25        16.46 604.89</u></div>
<div class="ContentPasted0"><u>CK Average  4.88                    0.37 18.10 664.91  3.19 -0.90  16.40 602.74</u></div>
<div class="ContentPasted0"><u>Essex Cty   4.85                         18.06 663.68  3.25        16.46 604.89</u></div>
<div class="ContentPasted0"><u>Mdsx Low    4.85                         18.06 663.68  3.10        16.31 599.38</u></div>
<div class="ContentPasted0"><u>Mdsx High   4.90                         18.11 665.52  3.22        16.43 603.79</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.87                    0.36 18.08 664.42  3.18 -0.91  16.39 602.32</u></div>
<div class="ContentPasted0"><u>Hensall     4.90                         18.11 665.52  3.20        16.41 603.06</u></div>
<div class="ContentPasted0"><u>Bruce       4.85                         18.06 663.68  3.20        16.41 603.06</u></div>
<div class="ContentPasted0"><u>Putnam      4.90                         18.11 665.52  3.20        16.41 603.06</u></div>
<div class="ContentPasted0"><u>Guelph      4.83                         18.04 662.95  3.17        16.38 601.95</u></div>
<div class="ContentPasted0"><u>Burford     4.98                         18.19 668.46  3.32        16.53 607.47</u></div>
<div class="ContentPasted0"><u>Port Perry  4.82                         18.03 662.58  3.16        16.37 601.59</u></div>
<div class="ContentPasted0"><u>Norfolk     4.85                         18.06 663.68  3.20        16.41 603.06</u></div>
<div class="ContentPasted0"><u>Palmerston  4.90                         18.11 665.52  3.20        16.41 603.06</u></div>
<div class="ContentPasted0"><u>Varna       4.90                         18.11 665.52  3.20        16.41 603.06</u></div>
<div class="ContentPasted0"><u>Trenton      N/A                                       3.15        16.36 601.22</u></div>
<div class="ContentPasted0"><u>Winchester   N/A                                       3.10        16.31 599.38</u></div>
<div class="ContentPasted0"><u>North Gower 5.05                         18.26 671.03  3.15        16.36 601.22</u></div>
<div class="ContentPasted0"><u>Vankleek Hil3.84                         17.05 626.57  3.20        16.41 603.06</u></div>
<div class="ContentPasted0"><u>Huron FOB   4.95  N/A   3.20  3.20       18.16 667.36  3.20        16.41 603.06</u></div>
<div class="ContentPasted0"><u>Kent FOB    4.95                         18.16 667.36  3.20        16.41 603.06</u></div>
<div class="ContentPasted0"><u>Lambton FOB 5.12                         18.33 673.60  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    4.97  N/A   3.48  N/A        18.18 668.09  3.48        16.69 613.34</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.54                         18.75 689.04  3.79        17.00 624.73</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.30                         18.51 680.22  3.90        17.11 628.78</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       3.56        16.77 616.28</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A                                       3.99        17.20 632.08</u></div>
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<div class="ContentPasted0"><u>Toledo El.  0.00                         13.21 485.48 -0.80        12.41 456.10</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3325 up 0.0054</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     6.84                 JUL24   HI      7.42  1/2</u></div>
<div class="ContentPasted0"><u>           LOW    6.36                         LOW     7.02  1/2</u></div>
<div class="ContentPasted0"><u>           CLOSE  6.40   Down 12 1/4           CLOSE   7.09  1/4  Down 9 1/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>SEP23      HI        8.73              SEP24   HI         8.28</u></div>
<div class="ContentPasted0"><u>           LOW    8.37  1/4                    LOW     8.08  1/4</u></div>
<div class="ContentPasted0"><u>           CLOSE  8.49   Down 5 3/4            CLOSE   8.16  3/4  Down 6</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   0.70    N/A    N/A     N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>London      1.70   1.23   0.57    N/A    1.85    1.37   0.77    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    1.35    1.25   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   0.55    N/A    N/A     N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     1.95    N/A   0.70    N/A    1.80    N/A    0.85    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   0.55    N/A    1.80    N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>Chatham      N/A    N/A   0.55    N/A    N/A     N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   0.30    N/A    N/A     N/A    0.85    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    1.35   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    1.70   1.23   0.64   1.24    1.85    1.37   0.77    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.85   1.10   1.22    N/A     0.63   0.93   0.87</u></div>
<div class="ContentPasted0"><u>W O Feed                  1.37</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.23    N/A    N/A     N/A    1.03    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   1.73    N/A    N/A     N/A     N/A    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 6.02US        8.02CA         6.85US         9.13CA</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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</u></div>
<div class="ContentPasted0"><u>FEED GRAINS</u></div>
<div class="ContentPasted0"><u>FOB Hm Soymeal            696.56</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            300.00</u></div>
<u><br>
</u></div>
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<div id="Signature">
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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>
<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"">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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<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario</span></span><o:p> </o:p></p>
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