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There was an error in yesterday's Soybean report for the Mdsx new crop prices.</div>
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Please use this version.</div>
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<br>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, August 12</u></div>
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<u>(All Bases in CAD)</u></div>
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<u>Exchange rate was 1.3721 up 0.0003</u></div>
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<u>Chicago corn closed moderately higher.</u></div>
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<u><br>
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<u> SEP24 HI 3.85 1/4 DEC24 HI 4.03</u></div>
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<u> LOW 3.72 1/2 LOW 3.90 1/4</u></div>
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<u> CLOSE3.83 1/4 Up 6 1/2 CLOSE 4.01 1/2 Up 6 1/2</u></div>
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<u><br>
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<u> OLD CROP BASIS NEW CROP BASIS</u></div>
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<u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
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<u>ELEVATORS +DEC24+DEC24+DEC24</u></div>
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<u>CK Low 1.20 5.03 198.12 1.05 5.07 199.40</u></div>
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<u>CK High 1.25 5.08 200.09 1.05 5.07 199.40</u></div>
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<u>CK Avg 1.22 -0.15 5.05 198.96 1.05 -0.32 5.07 199.40</u></div>
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<u>Essex Cty 1.25 5.08 200.09 1.05 5.07 199.40</u></div>
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<u>Mdsx Low 1.20 5.03 198.12 1.05 5.07 199.40</u></div>
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<u>Mdsx High 1.25 5.08 200.09 1.05 5.07 199.40</u></div>
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<u>Mdsx Avg 1.21 -0.16 5.05 198.61 1.05 -0.32 5.07 199.40</u></div>
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<u>Hensall 1.22 5.05 198.78 1.07 5.08 200.06</u></div>
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<u>Bruce 1.25 5.08 200.09 1.10 5.12 201.37</u></div>
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<u>Putnam 1.20 5.03 198.12 1.05 5.07 199.40</u></div>
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<u>Guelph 1.20 5.03 198.12 1.05 5.07 199.40</u></div>
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<u>Burford 1.20 5.03 198.12 1.05 5.07 199.40</u></div>
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<u>Port Perry 0.90 4.73 186.31 0.85 4.87 191.53</u></div>
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<u>Norfolk 1.25 5.08 200.09 1.05 5.07 199.40</u></div>
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<u>Palmerston 1.20 5.03 198.12 1.05 5.07 199.40</u></div>
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<u>Varna 1.20 5.03 198.12 1.05 5.07 199.40</u></div>
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<u>Belmore 1.20 5.03 198.12 1.05 5.07 199.40</u></div>
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<u>Trenton 0.90 4.73 186.31 0.90 4.92 193.49</u></div>
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<u>Winchester N/A 1.05 5.07 199.40</u></div>
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<u>North Gower 0.80 4.63 182.37 1.00 5.02 197.43</u></div>
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<u>Vankleek Hil 1.00 4.83 190.25 0.85 4.87 191.53</u></div>
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<u>Huron FOB 1.35 1.32N/A 1.05 5.18 204.03 1.05 5.07 199.40</u></div>
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<u>Kent FOB 1.55 5.38 211.90 1.10 5.12 201.37</u></div>
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<u>Lamb FOB 1.40 5.23 205.99 1.20 5.22 205.31</u></div>
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<u>Mdsx FOB 1.45 1.45 1.15 1.15 5.28 207.96 1.15 5.17 203.34</u></div>
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<u>FOB SW Que 1.76 5.59 220.17N/A</u></div>
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<u>Track 1.84 5.67 223.12N/A</u></div>
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<u>PROCESSORS</u></div>
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<u>Chat-Eth N/A N/A N/A N/A N/A</u></div>
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<u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
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<u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
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<u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
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<u>London-Ing N/A N/A N/A N/A 1.55 5.57 219.08</u></div>
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<u>Cardnl-Ing N/A N/A N/A N/A 1.50 5.52 217.12</u></div>
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<u>W O Feed 1.84 5.67 223.12</u></div>
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<u>max 3.0 ppm</u></div>
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<u>US Rep 1.84 5.67 223.32</u></div>
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<u>Toledo El. -0.37 3.46 136.29 -0.69 3.33 131.05</u></div>
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<u>TRANSFER</u></div>
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<u>Pt. Colb N/A 1.15 5.17 203.34</u></div>
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<u>Prescott 1.19 5.02 197.73 1.26 5.28 207.67</u></div>
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<u>HI SD CRN 1.05 5.06 1/2</u></div>
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<u>*Wet Bid</u></div>
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<u>Exchange rate was 1.3721 up 0.0003</u></div>
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<u>Chicago soybeans closed slightly to moderately lower.</u></div>
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<u> NOV24 HI 10.02 1/2 NOV24 HI 10.02 1/2</u></div>
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<u> LOW 9.75 1/2 LOW 9.75 1/2</u></div>
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<u> CLOSE9.86 Down 16 1/2 CLOSE 9.86 Down 16 1/2</u></div>
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<u> OLD CROP NEW CROP</u></div>
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<u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
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<u>ELEVATORS +NOV24+NOV24+NOV24</u></div>
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<u>CK Low 3.10 12.96 476.20 2.65 12.51 459.66</u></div>
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<u>CK High 3.30 13.16 483.55 2.85 12.71 467.01</u></div>
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<u>CK Average 3.24 -0.31 13.10 481.40 2.74 -0.68 12.60 462.87</u></div>
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<u>Essex Cty 3.30 13.16 483.55 2.75 12.61 463.34</u></div>
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<u>Mdsx Low 3.17 13.03 478.77 2.65 12.51 459.66</u></div>
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<u>Mdsx High 3.30 13.16 483.55 2.80 12.66 465.18</u></div>
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<u>Mdsx Average3.22 -0.33 13.08 480.52 2.71 -0.70 12.57 461.87</u></div>
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<u>Hensall 3.27 13.13 482.32 2.72 12.58 462.11</u></div>
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<u>Bruce 3.20 13.06 479.87 2.75 12.61 463.34</u></div>
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<u>Putnam 3.20 13.06 479.87 2.80 12.66 465.18</u></div>
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<u>Guelph 3.31 13.17 483.91 2.68 12.54 460.77</u></div>
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<u>Burford 3.23 13.09 480.98 2.75 12.61 463.34</u></div>
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<u>Port Perry 3.07 12.93 475.10 2.59 12.45 457.46</u></div>
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<u>Norfolk 3.30 13.16 483.55 2.75 12.61 463.34</u></div>
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<u>Palmerston 3.30 13.16 483.55 2.75 12.61 463.34</u></div>
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<u>Varna 3.30 13.16 483.55 2.75 12.61 463.34</u></div>
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<u>Trenton N/A 2.55 12.41 455.99</u></div>
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<u>Winchester N/A 2.75 12.61 463.34</u></div>
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<u>North Gower 3.14 13.00 477.67 2.60 12.46 457.83</u></div>
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<u>Vankleek Hil2.81 12.67 465.54 2.81 12.67 465.54</u></div>
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<u>Huron FOB 3.25 N/A 2.75 2.75 13.11 481.71 2.75 12.61 463.34</u></div>
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<u>Kent FOB 3.15 13.01 478.04 2.70 12.56 461.50</u></div>
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<u>Lambton FOB 3.45 13.31 489.06 2.75 12.61 463.34</u></div>
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<u>Mdsx FOB 2.92 3.12 2.68 2.68 12.78 469.58 2.68 12.54 460.77</u></div>
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<u>PROCESSORS</u></div>
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<u>Windsor 3.44 13.30 488.69 3.03 12.89 473.63</u></div>
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<u>TRANSFER</u></div>
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<u>Hamilton 3.75 13.61 500.08 3.30 13.16 483.55</u></div>
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<u>Prescott N/A 3.26 13.12 482.08</u></div>
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<u>Port Colborn3.29 13.15 483.18 3.29 13.15 483.18</u></div>
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<u>Toledo El. -0.14 9.72 357.25 -0.89 8.97 329.52</u></div>
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<u>Exchange rate was 1.3721 up 0.0003</u></div>
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<u>Chicago wheat closed slightly lower.</u></div>
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<u>SEP24 HI 5.47 JUL25 HI 6.05 1/4</u></div>
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<u> LOW 5.28 LOW 5.88</u></div>
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<u> CLOSE 5.36 3/4 Down 5 3/4 CLOSE 5.96 Down 6 1/4</u></div>
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<u>Minni wheat closed slightly higher.</u></div>
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<u>SEP24 HI 5.95 3/4 SEP25 HI 6.49</u></div>
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<u> LOW 5.78 3/4 LOW 6.34 1/2</u></div>
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<u> CLOSE 5.92 1/4 Up 2 1/2 CLOSE 6.49 Up 1 1/4</u></div>
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<u>Direct MarkHarvest 2024 Harvest 2025</u></div>
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<u> DELIVERED BASIS DELIVERED BASIS</u></div>
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<u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
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<u>ELEVATORS</u></div>
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<u>Brgssvll N/A N/A 1.05 N/A N/A N/A 1.15 N/A</u></div>
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<u>London 1.78 1.78 1.05 N/A 1.45 1.73 1.10 N/A</u></div>
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<u>Hensall 1.80 1.80 1.05 1.40 1.80 1.95 1.15 N/A</u></div>
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<u>Trenton N/A N/A 1.15 N/A N/A N/A 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Bruce 1.70 1.80 1.10 1.10 1.75 1.85 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Essex N/A N/A 1.00 N/A N/A N/A 1.10 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Norwich 1.90 N/A 1.05 N/A 1.85 N/A 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Winchester N/A N/A 1.35 N/A N/A N/A N/A N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Belmore 1.30 1.70 1.10 1.05 N/A 1.55 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Kent Bridge 1.90 N/A 1.05 N/A 1.85 N/A 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Chatham N/A N/A 1.00 N/A N/A N/A 1.10 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Brigden N/A N/A 1.00 N/A N/A N/A 1.10 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Palmerston 1.30 1.70 1.10 1.05 N/A 1.55 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Varna 1.80 1.80 1.05 N/A 1.80 1.95 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Mitchell 1.90 1.85 1.05 N/A 1.85 1.90 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Thornton 1.78 1.78 1.05 1.27 1.45 1.73 1.10 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>North Gower N/A 1.05 1.35 1.02 N/A 1.01 1.31 0.67</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>W O Feed 1.57</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>TERMINAL</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Port Colbor N/A N/A 1.45 N/A N/A N/A 1.52 N/A</u></div>
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<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>PROCESSORS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Toledo FM N/A N/A N/A N/A N/A N/A N/A N/A</u></div>
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<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Toledo El. 5.02US 6.88CA 5.71US 7.83CA</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
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<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FEED GRAINS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FOB Hm Soymeal 623.92</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>DDG's FOB Aylm 205.00</u></div>
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<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews </span></p>
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<span style="font-family: "Courier New"; font-size: 10pt;">Editor, Farm Market News </span></p>
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<span style="font-family: "Courier New"; font-size: 10pt;">University of Guelph, Ridgetown Campus </span></p>
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