<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 style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);" class="elementToProof ContentPasted0">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 18</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);" class="elementToProof ContentPasted0">
<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3528 up 0.0002</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly higher.</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>      SEP23   HI 4.82  1/2                    DEC23    HI 4.95</u></div>
<div class="ContentPasted0"><u>             LOW 4.72  1/2                            LOW 4.84  3/4</u></div>
<div class="ContentPasted0"><u>            CLOSE4.79  1/2  Up 6 1/2                CLOSE 4.93   Up 7 1/4</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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       1.45                        6.25 245.85  1.10         6.03 237.39</u></div>
<div class="ContentPasted0"><u>CK High      1.55                        6.35 249.79  1.20         6.13 241.33</u></div>
<div class="ContentPasted0"><u>CK Avg       1.51                  -0.14 6.30 248.10  1.16 -0.43   6.09 239.92</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.55                        6.35 249.79  1.20         6.13 241.33</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.50                        6.30 247.82  1.15         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.55                        6.35 249.79  1.20         6.13 241.33</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.52                  -0.13 6.31 248.48  1.17 -0.42   6.10 240.02</u></div>
<div class="ContentPasted0"><u>Hensall      1.57                        6.36 250.45  1.17         6.10 240.02</u></div>
<div class="ContentPasted0"><u>Bruce        1.60                        6.40 251.76  1.15         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Putnam       1.50                        6.30 247.82  1.15         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Guelph       1.45                        6.25 245.85  1.10         6.03 237.39</u></div>
<div class="ContentPasted0"><u>Burford      1.50                        6.30 247.82  1.15         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Port Perry   1.20                        6.00 236.01  0.85         5.78 227.55</u></div>
<div class="ContentPasted0"><u>Norfolk      1.55                        6.35 249.79  1.20         6.13 241.33</u></div>
<div class="ContentPasted0"><u>Palmerston   1.60                        6.40 251.76  1.15         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Varna        1.60                        6.40 251.76  1.15         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Belmore      1.60                        6.40 251.76  1.15         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Trenton      1.40                        6.20 243.89  0.90         5.83 229.52</u></div>
<div class="ContentPasted0"><u>Winchester  N/A                                       1.20         6.13 241.33</u></div>
<div class="ContentPasted0"><u>North Gower  1.30                        6.10 239.95  1.15         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.43                        6.23 245.07  0.82         5.75 226.37</u></div>
<div class="ContentPasted0"><u>Huron FOB    1.65  1.66  1.15  1.15      6.45 253.73  1.15         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.75                        6.55 257.67  1.23         6.16 242.51</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.70                        6.50 255.70  1.27         6.20 244.08</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.60  1.65  1.18  1.18      6.40 251.76  1.18         6.11 240.54</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.67                        7.47 293.88N/A</u></div>
<div class="ContentPasted0"><u>Track        2.17                        6.96 274.00N/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     1.65N/A                      1.60         6.53 257.07</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     2.17                        6.96 274.00</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>US Rep       2.50                        7.30 287.19</u></div>
<div class="ContentPasted0"><u>Toledo El.   0.54                        5.34 210.07 -0.81         4.12 162.13</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb    N/A                                     N/A</u></div>
<div class="ContentPasted0"><u>Prescott    N/A                                       1.36         6.29 247.63</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>HI SD CRN                                             1.20         6.13</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3528 up 0.0002</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>      NOV23   HI 13.55  1/2              NOV23     HI 13.55  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 13.31  1/4                       LOW 13.31  1/4</u></div>
<div class="ContentPasted0"><u>            CLOSE13.53  1/4  Up 23 1/4          CLOSE 13.53  1/4  Up 23 1/4</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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      5.30                         18.83 691.98  3.45        16.98 624.00</u></div>
<div class="ContentPasted0"><u>CK High     5.39                         18.92 695.28  3.60        17.13 629.51</u></div>
<div class="ContentPasted0"><u>CK Average  5.34                    0.42 18.87 693.45  3.54 -0.91  17.08 627.46</u></div>
<div class="ContentPasted0"><u>Essex Cty   5.30                         18.83 691.98  3.60        17.13 629.51</u></div>
<div class="ContentPasted0"><u>Mdsx Low    5.25                         18.78 690.14  3.45        16.98 624.00</u></div>
<div class="ContentPasted0"><u>Mdsx High   5.37                         18.90 694.55  3.55        17.08 627.67</u></div>
<div class="ContentPasted0"><u>Mdsx Average5.32                    0.40 18.85 692.62  3.52 -0.93  17.06 626.66</u></div>
<div class="ContentPasted0"><u>Hensall     5.28                         18.82 691.36  3.48        17.02 625.22</u></div>
<div class="ContentPasted0"><u>Bruce       5.25                         18.78 690.14  3.55        17.08 627.67</u></div>
<div class="ContentPasted0"><u>Putnam      5.35                         18.88 693.81  3.55        17.08 627.67</u></div>
<div class="ContentPasted0"><u>Guelph      5.31                         18.84 692.34  3.42        16.95 622.90</u></div>
<div class="ContentPasted0"><u>Burford     5.47                         19.00 698.22  3.64        17.17 630.98</u></div>
<div class="ContentPasted0"><u>Port Perry  5.31                         18.84 692.34  3.48        17.01 625.10</u></div>
<div class="ContentPasted0"><u>Norfolk     5.30                         18.83 691.98  3.55        17.08 627.67</u></div>
<div class="ContentPasted0"><u>Palmerston  5.25                         18.78 690.14  3.45        16.98 624.00</u></div>
<div class="ContentPasted0"><u>Varna       5.25                         18.78 690.14  3.45        16.98 624.00</u></div>
<div class="ContentPasted0"><u>Trenton      N/A                                       3.45        16.98 624.00</u></div>
<div class="ContentPasted0"><u>Winchester   N/A                                       3.56        17.09 628.04</u></div>
<div class="ContentPasted0"><u>North Gower 4.75                         18.28 671.77  3.30        16.83 618.49</u></div>
<div class="ContentPasted0"><u>Vankleek Hil N/A                                       3.44        16.97 623.63</u></div>
<div class="ContentPasted0"><u>Huron FOB   5.48  N/A   3.45  3.45       19.01 698.59  3.45        16.98 624.00</u></div>
<div class="ContentPasted0"><u>Kent FOB    5.50                         19.03 699.32  3.55        17.08 627.67</u></div>
<div class="ContentPasted0"><u>Lambton FOB 5.00                         18.53 680.95  3.50        17.03 625.84</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    5.38  N/A   3.87  3.99       18.91 694.92  3.87        17.40 639.43</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.95                         19.48 715.86  4.25        17.78 653.40</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.85                         19.38 712.18  4.25        17.78 653.40</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       4.21        17.74 651.93</u></div>
<div class="ContentPasted0"><u>Port Colborn5.40                         18.93 695.65  N/A</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.20                        13.33 489.78 -0.81        12.72 467.41</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3528 up 0.0002</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed moderately higher to higher.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     6.15  3/4            JUL24   HI         6.86</u></div>
<div class="ContentPasted0"><u>           LOW    5.88  1/2                    LOW        6.70</u></div>
<div class="ContentPasted0"><u>           CLOSE  6.13  1/4  Up 23 3/4         CLOSE   6.83  1/4  Up 19</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Minni wheat closed moderately higher.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     8.03  1/4            SEP24   HI      8.19  1/4</u></div>
<div class="ContentPasted0"><u>           LOW       7.86                      LOW        8.10</u></div>
<div class="ContentPasted0"><u>           CLOSE  8.02  3/4  Up 15             CLOSE   8.19  1/4  Up 11</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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   0.65    N/A    N/A     N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>London      1.54   1.20   0.59    N/A    1.84    1.39   0.78    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     1.90   1.45   0.65   1.35    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       1.45   1.15   0.65   1.15    1.35    1.15   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   0.65    N/A    1.80    N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>Belmore     1.75   1.15   0.65   1.20    1.90    1.15   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   1.15   0.65   1.20    1.90    1.15   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Varna       1.90   1.45   0.65    N/A    1.70    1.50   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    1.95   1.50   0.65    N/A    1.80    1.50   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    1.54   1.20   0.59   1.20    1.84    1.39   0.78    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.70   1.00   1.17    N/A     0.53   0.88   0.82</u></div>
<div class="ContentPasted0"><u>W O Feed                  1.38</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.20    N/A    N/A     N/A    1.00    N/A</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Toledo FM    N/A    N/A   1.76    N/A    N/A     N/A     N/A    N/A</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Toledo El. 5.75US        7.78CA         6.59US         8.92CA</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>FEED GRAINS</u></div>
<div class="ContentPasted0"><u>FOB Hm Soymeal            684.44</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            305.00</u></div>
<div class="ContentPasted0"><br>
</div>
<div>
<div id="Signature">
<div>
<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>
<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"">University of Guelph, Ridgetown Campus<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""><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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes"> 
</span><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"">Tel. 519-674-1500 x 63577
<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"">Fax. 519-674-1530<br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span><span style="color: rgb(51, 51, 51);"> </span></span></span><span><span style="color: rgb(51, 102, 153);">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><span style="background: rgb(253, 253, 253); color: rgb(51, 51, 51);"> </span></span><span style="background: rgb(253, 253, 253);"> to
 unsubscribe from this report.</span><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario</span></span><o:p> </o:p></p>
</div>
</div>
</div>
</div>
</body>
</html>