<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 25</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 1.3583 up 0.0040</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>      SEP23   HI 4.77                         DEC23    HI 4.93</u></div>
<div class="ContentPasted0"><u>             LOW 4.69                                 LOW 4.85  3/4</u></div>
<div class="ContentPasted0"><u>            CLOSE4.70  3/4  Down 1 1/2              CLOSE 4.88   Down  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       1.50                        6.21 244.38  1.15         6.03 237.39</u></div>
<div class="ContentPasted0"><u>CK High      1.65                        6.36 250.28  1.20         6.08 239.36</u></div>
<div class="ContentPasted0"><u>CK Avg       1.59                  -0.07 6.30 248.03  1.18 -0.42   6.06 238.52</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.60                        6.31 248.32  1.20         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.60                        6.31 248.32  1.15         6.03 237.39</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.65                        6.36 250.28  1.20         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.62                  -0.05 6.32 248.97  1.18 -0.42   6.06 238.70</u></div>
<div class="ContentPasted0"><u>Hensall      1.62                        6.32 248.97  1.17         6.05 238.05</u></div>
<div class="ContentPasted0"><u>Bruce        1.65                        6.36 250.28  1.20         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Putnam       1.60                        6.31 248.32  1.15         6.03 237.39</u></div>
<div class="ContentPasted0"><u>Guelph       1.55                        6.26 246.35  1.15         6.03 237.39</u></div>
<div class="ContentPasted0"><u>Burford      1.65                        6.36 250.28  1.20         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Port Perry   1.35                        6.06 238.47  0.85         5.73 225.58</u></div>
<div class="ContentPasted0"><u>Norfolk      1.60                        6.31 248.32  1.20         6.08 239.36</u></div>
<div class="ContentPasted0"><u>Palmerston   1.60                        6.31 248.32  1.15         6.03 237.39</u></div>
<div class="ContentPasted0"><u>Varna        1.60                        6.31 248.32  1.15         6.03 237.39</u></div>
<div class="ContentPasted0"><u>Belmore      1.60                        6.31 248.32  1.15         6.03 237.39</u></div>
<div class="ContentPasted0"><u>Trenton      1.40                        6.11 240.44  0.90         5.78 227.55</u></div>
<div class="ContentPasted0"><u>Winchester  N/A                                       1.25         6.13 241.33</u></div>
<div class="ContentPasted0"><u>North Gower  1.40                        6.11 240.44  1.15         6.03 237.39</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.48                        6.19 243.59  0.93         5.81 228.73</u></div>
<div class="ContentPasted0"><u>Huron FOB    1.65  1.69  1.15  1.15      6.36 250.28  1.15         6.03 237.39</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.65                        6.36 250.28  1.23         6.11 240.54</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.70                        6.41 252.25  1.27         6.15 242.11</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.80  1.80  1.18  1.18      6.51 256.19  1.18         6.06 238.57</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.64                        7.35 289.26N/A</u></div>
<div class="ContentPasted0"><u>Track        2.42                        7.12 280.40N/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   N/A   N/A                      1.70         6.58 259.04</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     2.42                        7.12 280.40</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>US Rep       2.51                        7.22 284.14</u></div>
<div class="ContentPasted0"><u>Toledo El.   0.54                        5.25 206.72 -0.81         4.07 160.03</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb    N/A                                       1.50         6.38 251.17</u></div>
<div class="ContentPasted0"><u>Prescott    N/A                                       1.54         6.42 252.74</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         6.08</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 1.3583 up 0.0040</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>      NOV23   HI 13.90  1/2              NOV23     HI 13.90  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 13.68                            LOW 13.68</u></div>
<div class="ContentPasted0"><u>            CLOSE13.87  3/4  Up 16              CLOSE 13.87  3/4  Up 16</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      4.94                         18.82 691.42  3.70        17.58 645.86</u></div>
<div class="ContentPasted0"><u>CK High     5.00                         18.88 693.63  3.85        17.73 651.37</u></div>
<div class="ContentPasted0"><u>CK Average  4.97                    0.00 18.85 692.65  3.80 -0.87  17.67 649.43</u></div>
<div class="ContentPasted0"><u>Essex Cty   4.95                         18.83 691.79  3.85        17.73 651.37</u></div>
<div class="ContentPasted0"><u>Mdsx Low    4.92                         18.80 690.69  3.76        17.64 648.07</u></div>
<div class="ContentPasted0"><u>Mdsx High   5.00                         18.88 693.63  3.80        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.97                    0.00 18.85 692.44  3.79 -0.87  17.67 649.17</u></div>
<div class="ContentPasted0"><u>Hensall     5.00                         18.88 693.63  3.80        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Bruce       4.80                         18.68 686.28  3.80        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Putnam      5.00                         18.88 693.63  3.80        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Guelph      5.05                         18.93 695.47  3.74        17.62 647.33</u></div>
<div class="ContentPasted0"><u>Burford     5.02                         18.90 694.36  3.86        17.74 651.74</u></div>
<div class="ContentPasted0"><u>Port Perry  4.86                         18.74 688.49  3.70        17.58 645.86</u></div>
<div class="ContentPasted0"><u>Norfolk     4.95                         18.83 691.79  3.80        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Palmerston  5.00                         18.88 693.63  3.80        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Varna       5.00                         18.88 693.63  3.80        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Trenton      N/A                                       3.75        17.63 647.70</u></div>
<div class="ContentPasted0"><u>Winchester   N/A                                       3.70        17.58 645.86</u></div>
<div class="ContentPasted0"><u>North Gower 4.50                         18.38 675.26  3.50        17.38 638.51</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.73                         18.61 683.71  3.74        17.62 647.33</u></div>
<div class="ContentPasted0"><u>Huron FOB    N/A  5.17  3.80  3.80                     3.80        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Kent FOB     N/A                                       3.80        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Lambton FOB 5.45                         19.33 710.16  3.80        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    5.14  N/A   4.03  4.15       19.02 698.77  4.03        17.91 657.99</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.86                         19.74 725.23  4.42        18.30 672.32</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.40                         19.28 708.33  4.45        18.33 673.42</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       4.35        18.23 669.75</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A                                       4.41        18.29 671.95</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.20                        13.67 502.42 -0.95        12.93 474.97</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3583 up 0.0040</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     6.09  3/4            JUL24   HI      6.87  1/2</u></div>
<div class="ContentPasted0"><u>           LOW    5.87  1/2                    LOW     6.68  1/2</u></div>
<div class="ContentPasted0"><u>           CLOSE  5.93  1/4  Down 10 3/4       CLOSE   6.72  3/4  Down 8 1/2</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Minni wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>SEP23      HI     7.81  3/4            SEP24   HI         8.25</u></div>
<div class="ContentPasted0"><u>           LOW    7.72  3/4                    LOW     8.15  1/4</u></div>
<div class="ContentPasted0"><u>           CLOSE  7.75  3/4  Up 1              CLOSE   8.18  1/4  Up 3</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      1.57   1.23   0.62    N/A    1.96    1.44   0.83    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     2.00   1.55   0.75   1.45    1.75    1.55   0.90    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       1.50   1.20   0.70   1.15    1.40    1.20   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   0.60    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     1.90    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   0.75   1.20    1.90    1.15   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 1.90    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   0.60    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   0.35    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston  1.75   1.15   0.75   1.20    1.90    1.15   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Varna       2.00   1.55   0.75    N/A    1.75    1.55   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    1.90   1.50   0.65    N/A    1.80    1.50   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    1.57   1.23   0.62   1.17    1.96    1.44   0.83    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.60   0.90   1.12    N/A     0.50   0.85   0.82</u></div>
<div class="ContentPasted0"><u>W O Feed                  1.48</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   1.29    N/A    N/A     N/A    1.02    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   1.72    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. 5.55US        7.54CA         6.49US         8.81CA</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            701.96</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            305.00</u></div>
<div class="ContentPasted0"><u><br>
</u></div>
<div class="ContentPasted0"><u><br>
</u></div>
<div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews</span><o:p style="font-family: "Courier New"; font-size: 10pt; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"> </o:p><br>
</div>
<div id="Signature">
<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>
</body>
</html>