<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 id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 6</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3117 up 0.0113</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR17 HI 3.68 3/4 DEC17 HI 3.96</u></div>
<div><u> LOW 3.62 1/2 LOW 3.90 1/2</u></div>
<div><u> CLOSE3.63 3/4 Down 1 1/2 CLOSE 3.92 Down 3/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +MAY17+MAY17+JUL17</u></div>
<div><u>CK Low 0.65 4.29 168.79 0.75 4.67 183.85</u></div>
<div><u>CK High 0.65 4.29 168.79 0.75 4.67 183.85</u></div>
<div><u>CK Avg 0.65 -0.36 4.29 168.79 0.75 -0.35 4.67 183.85</u></div>
<div><u>Essex Cty 0.55 4.19 164.85 0.75 4.67 183.85</u></div>
<div><u>Mdsx Low 0.65 4.29 168.79 0.75 4.67 183.85</u></div>
<div><u>Mdsx High 0.65 4.29 168.79 0.75 4.67 183.85</u></div>
<div><u>Mdsx Avg 0.65 -0.36 4.29 168.79 0.75 -0.35 4.67 183.85</u></div>
<div><u>Hensall 0.68 4.31 169.78 0.78 4.70 184.83</u></div>
<div><u>Bruce 0.65 4.29 168.79 0.75 4.67 183.85</u></div>
<div><u>Putnam 0.65 4.29 168.79 0.75 4.67 183.85</u></div>
<div><u>Burford 0.65 4.29 168.79 0.85 4.77 187.79</u></div>
<div><u>Port Perry 1.05 4.69 184.54 0.80 4.72 185.82</u></div>
<div><u>Norfolk 0.75 4.39 172.73 0.85 4.77 187.79</u></div>
<div><u>Palmerston 0.65 4.29 168.79 0.75 4.67 183.85</u></div>
<div><u>Varna 0.70 4.34 170.76 0.80 4.72 185.82</u></div>
<div><u>Trenton 1.10 4.74 186.51 0.80 4.72 185.82</u></div>
<div><u>Winchester 1.10 4.74 186.51 1.15 5.07 199.60</u></div>
<div><u>North Gower 1.12 4.76 187.29 1.10 5.02 197.63</u></div>
<div><u>Huron FOB 0.95 4.59 180.60 0.82 4.74 186.61</u></div>
<div><u>Kent FOB 0.97 4.61 181.39 0.75 4.67 183.85</u></div>
<div><u>Lamb FOB 1.00 4.64 182.57 0.75 4.67 183.85</u></div>
<div><u>Mdsx FOB 0.85 0.90 0.90N/A 4.49 176.67 0.75 4.67 183.85</u></div>
<div><u>FOB SW Que 1.18 4.82 189.66N/A</u></div>
<div><u>Track 1.23 4.86 191.43N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.15 1.15 1.15 1.20 4.79 188.48 1.00 4.92 193.69</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A N/A 1.15 1.25 0.95 4.87 191.72</u></div>
<div><u>Sarn-Eth 1.15 1.15 1.15 1.20 4.79 188.48N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A 1.20 1.19 1.00 4.92 193.69</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 1.45 1.10 5.02 197.63</u></div>
<div><u>W O Feed 1.41 5.05 198.71</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.65 5.29 208.16</u></div>
<div><u>Toledo El. -0.05 3.59 141.14 -0.33 3.59 141.46</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.05 4.69 184.54 0.95 4.87191 5/7</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.65 4.28 3/4</u></div>
<div><u>HI SD CRN 0.65 4.28 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3117 up 0.0113</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR17 HI 10.42 1/2 NOV17 HI 10.22</u></div>
<div><u> LOW 10.26 1/4 LOW 10.08 3/4</u></div>
<div><u> CLOSE10.36 Up 9 CLOSE 10.17 Up 7 1/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +MAR1+MAY1+MAY17</u></div>
<div><u>CK Low 2.30 12.66 465.182.25 12.42 456.36</u></div>
<div><u>CK High 2.38 12.74 468.112.40 12.57 461.87</u></div>
<div><u>CK Average 2.35 -0.6512.71 467.012.32 -0.6212.49 458.87</u></div>
<div><u>Essex Cty 2.30 12.66 465.182.25 12.42 456.36</u></div>
<div><u>Mdsx Low 2.37 12.73 467.752.26 12.43 456.72</u></div>
<div><u>Mdsx High 2.40 12.76 468.852.35 12.52 460.03</u></div>
<div><u>Mdsx Average 2.39 -0.6212.75 468.302.31 -0.6312.48 458.38</u></div>
<div><u>Hensall 2.43 12.79 469.772.35 12.52 460.03</u></div>
<div><u>Bruce 2.40 12.76 468.852.35 12.52 460.03</u></div>
<div><u>Putnam 2.35 12.71 467.012.30 12.47 458.19</u></div>
<div><u>Burford 2.44 12.80 470.322.33 12.50 459.30</u></div>
<div><u>Port Perry 2.37 12.73 467.752.26 12.43 456.72</u></div>
<div><u>Norfolk 2.43 12.79 469.952.48 12.65 464.81</u></div>
<div><u>Palmerston 2.35 12.71 467.012.30 12.47 458.19</u></div>
<div><u>Varna 2.45 12.81 470.692.35 12.52 460.03</u></div>
<div><u>Trenton 2.40 12.76 468.852.35 12.52 460.03</u></div>
<div><u>Winchester 2.61 12.97 476.572.65 12.82 471.05</u></div>
<div><u>North Gower 2.46 12.82 471.052.46 12.63 464.07</u></div>
<div><u>Huron FOB 2.55 12.91 474.362.40 12.57 461.87</u></div>
<div><u>Kent FOB 2.48 12.84 471.792.33 12.50 459.30</u></div>
<div><u>Lambton FOB 2.55 12.91 474.362.50 12.67 465.54</u></div>
<div><u>Middlesex FOB2.54 2.61 2.56 N/A 12.90 473.992.43 12.60 462.97</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.00 3.05 3.00 N/A 13.36 490.902.90 13.07 480.24</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.60 12.96 476.202.70 12.87 472.89</u></div>
<div><u>Sarnia 2.30 12.66 465.182.57 12.74 468.11</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.48 9.88 362.87-0.51 9.66 354.95</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3117 up 0.0113</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>MAR17 HI 4.32 1/4 JUL17 HI 4.57 3/4</u></div>
<div><u> LOW 4.22 1/4 LOW 4.48 1/2</u></div>
<div><u> CLOSE 4.22 1/2 Down 7 3/4 CLOSE 4.48 3/4 Down 7 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAR17 HI 5.61 3/4 SEP17 HI 5.63</u></div>
<div><u> LOW 5.53 3/4 LOW 5.57 3/4</u></div>
<div><u> CLOSE 5.55 1/4 Down 3 CLOSE 5.59 3/4 Down 2 1/2</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.78 0.78 0.78 0.40</u></div>
<div><u>CAD $/bu 5.01 5.01 5.01 5.96</u></div>
<div><u>CAD $/tonne 183.91 183.91 183.91 218.89</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2016 Harvest 2017</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A 0.70 N/A N/A N/A 0.60 N/A</u></div>
<div><u>London 0.73 0.73 0.73 N/A 0.75 0.68 0.68 N/A</u></div>
<div><u>Hensall 0.70 N/A 0.70 N/A 0.65 N/A 0.60 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 0.80 N/A</u></div>
<div><u>Bruce 0.70 0.70 0.70 0.40 0.65 0.65 0.60 0.60</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.50 N/A</u></div>
<div><u>Norwich 0.70 N/A 0.70 N/A 0.65 N/A 0.60 N/A</u></div>
<div><u>Port Hope N/A N/A 0.70 N/A N/A 0.65 0.65 N/A</u></div>
<div><u>Kent Bridge 0.70 N/A 0.70 N/A 0.65 N/A 0.60 N/A</u></div>
<div><u>Chatham N/A N/A 0.70 N/A N/A N/A 0.65 N/A</u></div>
<div><u>Brigden N/A N/A 0.70 N/A N/A N/A 0.65 N/A</u></div>
<div><u>Palmerston N/A 0.70 0.70 0.40 N/A 0.65 0.60 0.60</u></div>
<div><u>Varna 0.70 0.70 0.70 N/A 0.95 0.65 0.65 N/A</u></div>
<div><u>Mitchell 0.70 0.70 0.70 N/A 0.65 0.60 0.60 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.06 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.68 0.68 0.18 N/A 0.84 0.84 0.56</u></div>
<div><u>W O Feed 1.37</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia 1.14 0.80 0.90 N/A 1.11 0.76 0.86 N/A</u></div>
<div><u>Prescott N/A N/A 0.72 N/A N/A N/A 0.92 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.30N/A N/A N/A 1.38N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.13US 5.40CA 4.29US 5.61CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.86 0.79 0.79 0.67</u></div>
<div><u>CAD $/bu 5.34 5.28 5.28 6.27</u></div>
<div><u>CAD $/tonne 196.37 193.96 193.96 230.47</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 498.03</u></div>
<div><u>DDG's FOB Srn & Aylm 145.00 - 150.00</u></div>
<div><br>
</div>
<div>
<p class="MsoNormal"><span style="font-size:10.0pt;line-height:115%;font-family:
"Courier New";color:#333333;background:#FDFDFD">Blair Andrews</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">Editor, AgriLink and Farm Market News<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">University of Guelph, Ridgetown Campus<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">Tel.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1500"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">519-674-1500</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333;background:#FDFDFD">x
63577<span class="apple-converted-space"> </span></span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">519-674-1530</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333"><br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#333333;background:#FDFDFD"> </span></span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> to
unsubscribe from this report.</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p></o:p></span></span></p>
<br>
</div>
<div><br>
</div>
<div><br>
</div>
<br>
<p></p>
<p><br>
</p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<div><span style="font-family:"Courier New",monospace; font-size:10pt"></span></div>
<br>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>