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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, August 31</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3495 down 0.0029</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
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<div class="ContentPasted0"><u>      DEC23   HI 4.86  1/2                    DEC23    HI 4.86  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 4.76  3/4                            LOW 4.76  3/4</u></div>
<div class="ContentPasted0"><u>            CLOSE4.78  1/4  Down 2 1/2              CLOSE 4.78  1/4  Down 2 1/2</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+MAR24</u></div>
<div class="ContentPasted0"><u>CK Low       1.45                        6.23 245.36  1.10         5.88 231.58</u></div>
<div class="ContentPasted0"><u>CK High      1.50                        6.28 247.33  1.20         5.98 235.52</u></div>
<div class="ContentPasted0"><u>CK Avg       1.49                  -0.13 6.28 247.05  1.13 -0.40   5.91 232.71</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.50                        6.28 247.33  1.10         5.88 231.58</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.50                        6.28 247.33  1.10         5.88 231.58</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.50                        6.28 247.33  1.20         5.98 235.52</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.50                  -0.13 6.28 247.33  1.13 -0.40   5.92 232.90</u></div>
<div class="ContentPasted0"><u>Hensall      1.55                        6.33 249.30  1.15         5.93 233.55</u></div>
<div class="ContentPasted0"><u>Bruce        1.60                        6.38 251.27  1.20         5.98 235.52</u></div>
<div class="ContentPasted0"><u>Putnam       1.50                        6.28 247.33  1.10         5.88 231.58</u></div>
<div class="ContentPasted0"><u>Guelph       1.45                        6.23 245.36  1.20         5.98 235.52</u></div>
<div class="ContentPasted0"><u>Burford      1.50                        6.28 247.33  1.20         5.98 235.52</u></div>
<div class="ContentPasted0"><u>Port Perry   1.20                        5.98 235.52  0.85         5.63 221.74</u></div>
<div class="ContentPasted0"><u>Norfolk      1.50                        6.28 247.33  1.10         5.88 231.58</u></div>
<div class="ContentPasted0"><u>Palmerston   1.50                        6.28 247.33  1.15         5.93 233.55</u></div>
<div class="ContentPasted0"><u>Varna        1.55                        6.33 249.30  1.15         5.93 233.55</u></div>
<div class="ContentPasted0"><u>Belmore      1.50                        6.28 247.33  1.15         5.93 233.55</u></div>
<div class="ContentPasted0"><u>Trenton      1.23                        6.01 236.70  0.90         5.68 223.71</u></div>
<div class="ContentPasted0"><u>Winchester  N/A                                       1.20         5.98 235.52</u></div>
<div class="ContentPasted0"><u>North Gower  1.30                        6.08 239.46  1.15         5.93 233.55</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.26                        6.04 237.88  0.88         5.66 222.92</u></div>
<div class="ContentPasted0"><u>Huron FOB    1.66  1.72  1.15N/A         6.44 253.63  1.15         5.93 233.55</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.80                        6.58 259.14  1.18         5.96 234.73</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.88                        6.66 262.29  1.24         6.02 237.10</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.80  1.18  1.18  1.15      6.58 259.14  1.18         5.96 234.73</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.78                        7.56 297.72N/A</u></div>
<div class="ContentPasted0"><u>Track        2.48                        7.26 285.91N/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    1.70N/A   N/A                      1.70         6.48 255.20</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                        7.20 283.35</u></div>
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<div class="ContentPasted0"><u>US Rep       2.62                        7.40 291.42</u></div>
<div class="ContentPasted0"><u>Toledo El.   0.27                        5.05 198.90 -0.81         3.97 156.40</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb    N/A                                       1.50         6.28 247.33</u></div>
<div class="ContentPasted0"><u>Prescott    N/A                                       1.49         6.27 246.94</u></div>
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<div class="ContentPasted0"><u>HI SD CRN                                             1.20         5.98 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3495 down 0.0029</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed moderately lower.</u></div>
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<div class="ContentPasted0"><u>      NOV23   HI 13.92                   NOV23     HI 13.92</u></div>
<div class="ContentPasted0"><u>             LOW 13.67  1/4                       LOW 13.67  1/4</u></div>
<div class="ContentPasted0"><u>            CLOSE13.68  3/4  Down 18            CLOSE 13.68  3/4  Down 18</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+JAN24</u></div>
<div class="ContentPasted0"><u>CK Low      4.75                         18.44 677.46  3.65        17.34 637.04</u></div>
<div class="ContentPasted0"><u>CK High     4.84                         18.53 680.77  3.85        17.54 644.39</u></div>
<div class="ContentPasted0"><u>CK Average  4.79                    0.00 18.48 678.93  3.76 -0.76  17.45 641.19</u></div>
<div class="ContentPasted0"><u>Essex Cty   4.75                         18.44 677.46  3.80        17.49 642.56</u></div>
<div class="ContentPasted0"><u>Mdsx Low    4.75                         18.44 677.46  3.67        17.36 637.78</u></div>
<div class="ContentPasted0"><u>Mdsx High   4.82                         18.51 680.03  3.80        17.49 642.56</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.78                    0.00 18.47 678.56  3.76 -0.76  17.44 640.90</u></div>
<div class="ContentPasted0"><u>Hensall     4.77                         18.45 678.07  3.80        17.49 642.56</u></div>
<div class="ContentPasted0"><u>Bruce       4.70                         18.39 675.62  3.80        17.49 642.56</u></div>
<div class="ContentPasted0"><u>Putnam      4.80                         18.49 679.30  3.80        17.49 642.56</u></div>
<div class="ContentPasted0"><u>Guelph      4.80                         18.49 679.30  3.85        17.54 644.39</u></div>
<div class="ContentPasted0"><u>Burford     4.92                         18.61 683.71  3.77        17.46 641.45</u></div>
<div class="ContentPasted0"><u>Port Perry  4.76                         18.45 677.83  3.61        17.30 635.57</u></div>
<div class="ContentPasted0"><u>Norfolk     4.75                         18.44 677.46  3.80        17.49 642.56</u></div>
<div class="ContentPasted0"><u>Palmerston  5.00                         18.69 686.65  3.85        17.54 644.39</u></div>
<div class="ContentPasted0"><u>Varna       4.75                         18.44 677.46  3.80        17.49 642.56</u></div>
<div class="ContentPasted0"><u>Trenton      N/A                                       3.75        17.44 640.72</u></div>
<div class="ContentPasted0"><u>Winchester   N/A                                       3.70        17.39 638.88</u></div>
<div class="ContentPasted0"><u>North Gower 4.50                         18.19 668.28  3.80        17.49 642.56</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.61                         18.30 672.32  3.63        17.32 636.31</u></div>
<div class="ContentPasted0"><u>Huron FOB   4.80  3.80  3.80  3.98       18.49 679.30  3.80        17.49 642.56</u></div>
<div class="ContentPasted0"><u>Kent FOB    4.65                         18.34 673.79  3.75        17.44 640.72</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.80                         18.49 679.30  3.90        17.59 646.23</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     N/A  3.93  4.05  4.17                     3.93        17.62 647.33</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.00                         18.69 686.65  4.25        17.94 659.09</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.25                         18.94 695.83  4.50        18.19 668.28</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       4.23        17.92 658.36</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A                                       4.58        18.27 671.22</u></div>
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<div class="ContentPasted0"><u>Toledo El.  -0.47                        13.22 485.57 -0.94        12.74 468.22</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3495 down 0.0029</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>DEC23      HI     6.15  3/4            JUL24   HI      6.66  3/4</u></div>
<div class="ContentPasted0"><u>           LOW    5.93  1/2                    LOW     6.49  3/4</u></div>
<div class="ContentPasted0"><u>           CLOSE  6.02   Down 5                CLOSE   6.54  1/2  Down 4 1/2</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly to moderately lower.</u></div>
<div class="ContentPasted0"><u>DEC23      HI     7.79  1/2            SEP24   HI         8.05</u></div>
<div class="ContentPasted0"><u>           LOW       7.65                      LOW        7.94</u></div>
<div class="ContentPasted0"><u>           CLOSE  7.66  3/4  Down 12 3/4       CLOSE   7.94   Down 8 3/4</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   0.35    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>London      1.36   1.02   0.48    N/A    1.55    1.28   0.87    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     1.70   1.35   0.55   1.25    1.75    1.55   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Trenton      N/A    N/A   0.55    N/A    N/A     N/A     N/A    N/A</u></div>
<div class="ContentPasted0"><u>Bruce       1.30   1.00   0.50   1.00    1.40    1.20   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   0.40    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     1.65    N/A   0.35    N/A    1.80    N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Belmore     1.75   1.10   0.55   1.20    1.90    1.15   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 1.65    N/A   0.35    N/A    1.80    N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Chatham      N/A    N/A   0.40    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   0.30    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston  1.75   1.10   0.55   1.20    1.90    1.15   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Varna       1.70   1.35   0.55    N/A    1.75    1.55   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    1.65   1.30   0.45    N/A    1.80    1.50   0.90    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    1.36   1.02   0.48   1.08    1.55    1.28   0.87    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.34   0.57   0.91    N/A     0.52   0.82   0.82</u></div>
<div class="ContentPasted0"><u>W O Feed                  1.26</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.02    N/A    N/A     N/A    1.15    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   1.25    N/A    N/A     N/A     N/A    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 5.31US        7.17CA         6.31US         8.51CA</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            684.22</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            310.00</u></div>
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<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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