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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;">Resending to correct dates in Grain Commentary.</div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, February 9</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>(All Bases in CAD)</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Bank of Canada Noon exchange rate was 1.3141 down 0.0016</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Chicago corn closed slightly lower.</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> MAR17 HI 3.72 3/4 DEC17 HI 3.98 3/4</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> LOW 3.67 1/2 LOW 3.94 1/2</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> CLOSE3.69 1/2 Down 1 1/4 CLOSE 3.95 3/4 Down 1 3/4</u></div>
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</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>ELEVATORS +MAY17+MAY17+JUL17</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>CK Low 0.65 4.35 171.06 0.75 4.71 185.33</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>CK High 0.70 4.40 173.02 0.80 4.76 187.29</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>CK Avg 0.67 -0.37 4.36 171.71 0.77 -0.36 4.72 185.98</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Essex Cty 0.55 4.25 167.12 0.75 4.71 185.33</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Mdsx Low 0.65 4.35 171.06 0.75 4.71 185.33</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Mdsx High 0.65 4.35 171.06 0.75 4.71 185.33</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Mdsx Avg 0.65 -0.39 4.35 171.06 0.75 -0.37 4.71 185.33</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Hensall 0.68 4.37 172.04 0.78 4.73 186.31</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Bruce 0.80 4.50 176.96 0.80 4.76 187.29</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Putnam 0.65 4.35 171.06 0.75 4.71 185.33</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Burford 0.65 4.35 171.06 0.75 4.71 185.33</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Port Perry 1.05 4.75 186.80 0.80 4.76 187.29</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Norfolk 0.80 4.50 176.96 0.90 4.86 191.23</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Palmerston 0.65 4.35 171.06 0.75 4.71 185.33</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Varna 0.70 4.40 173.02 0.80 4.76 187.29</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Trenton 1.10 4.80 188.77 0.80 4.76 187.29</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Winchester 1.15 4.85 190.74 1.15 5.11 201.07</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>North Gower 1.14 4.84 190.35 1.10 5.06 199.10</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Huron FOB 0.95 4.65 182.87 0.85 4.81 189.26</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Kent FOB 1.00 4.70 184.83 0.80 4.76 187.29</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Lamb FOB 1.00 4.70 184.83 0.75 4.71 185.33</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Mdsx FOB 0.85 0.90 0.90N/A 4.55 178.93 0.75 4.71 185.33</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>FOB SW Que 1.18 4.88 191.92N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Track 1.23 4.92 193.69N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>PROCESSORS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Chat-Eth 1.15 1.15 1.15 1.20 4.85 190.74 1.00 4.96 195.17</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Aylmer-Eth N/A N/A 1.15 1.25 0.95 4.91 193.20</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Sarn-Eth 1.15 1.15 1.15 1.20 4.85 190.74N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>London-Ing N/A N/A N/A N/A 1.03 4.99 196.35</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Cardnl-Ing N/A N/A N/A 1.45 1.13 5.09 200.29</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>W O Feed 1.40 5.09 200.50</u></div>
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</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>US Rep 1.70 5.40 212.39</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Toledo El. -0.05 3.64 143.40 -0.33 3.63 142.89</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>TRANSFER</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Sarnia 1.05 4.75 186.80 0.95 4.91193 1/5</u></div>
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</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>MID SD CRN 0.67 1/2 4.37</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>HI SD CRN 0.70 4.39 1/2</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>*Wet Bid</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Bank of Canada Noon exchange rate was 1.3141 down 0.0016</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Chicago soybeans closed slightly lower.</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> MAR17 HI 10.61 1/2 NOV17 HI 10.28 3/4</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> LOW 10.45 LOW 10.19 1/4</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> CLOSE10.50 1/2 Down 8 1/4 CLOSE 10.26 Down 2 1/4</u></div>
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</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> OLD CROP NEW CROP</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>ELEVATORS +MAR1+MAY1+MAY17</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>CK Low 2.50 13.01 477.852.39 12.65 464.81</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>CK High 2.55 13.06 479.692.45 12.71 467.01</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>CK Average 2.54 -0.5813.04 479.262.42 -0.5912.68 466.03</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Essex Cty 2.55 13.06 479.692.45 12.71 467.01</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Mdsx Low 2.53 13.04 478.952.37 12.63 464.07</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Mdsx High 2.60 13.11 481.532.50 12.76 468.85</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Mdsx Average 2.57 -0.5513.07 480.242.44 -0.5812.70 466.46</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Hensall 2.58 13.08 480.612.50 12.76 468.85</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Bruce 2.60 13.11 481.532.50 12.76 468.85</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Putnam 2.60 13.11 481.532.50 12.76 468.85</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Burford 2.62 13.13 482.262.46 12.72 467.38</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Port Perry 2.53 13.04 478.952.37 12.63 464.07</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Norfolk 2.60 13.11 481.532.55 12.81 470.69</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Palmerston 2.60 13.11 481.532.50 12.76 468.85</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Varna 2.55 13.06 479.692.50 12.76 468.85</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Trenton 2.60 13.11 481.532.50 12.76 468.85</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Winchester 2.66 13.17 483.732.70 12.96 476.20</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>North Gower 2.56 13.07 480.062.62 12.88 473.26</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Huron FOB 2.65 13.16 483.362.60 12.86 472.52</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Kent FOB 2.65 13.16 483.362.40 12.66 465.18</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Lambton FOB 2.65 13.16 483.362.60 12.86 472.52</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Middlesex FOB2.63 2.70 2.65 N/A 13.14 482.632.53 12.79 469.95</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>PROCESSORS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Hamilton 3.05 3.10 3.07 N/A 13.56 498.062.90 13.16 483.55</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> N/A N/A N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>TRANSFER</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Prescott 2.78 13.29 488.142.86 13.12 482.08</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Sarnia 2.46 12.97 476.382.70 12.96 476.20</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u><br>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Toledo El. -0.49 10.02 368.13-0.51 9.75 358.19</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Bank of Canada Noon exchange rate was 1.3141 down 0.0016</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Chicago wheat closed moderately higher.</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>MAR17 HI 4.44 JUL17 HI 4.67</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> LOW 4.29 1/2 LOW 4.53 1/4</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> CLOSE 4.43 1/2 Up 11 CLOSE 4.67 Up 11</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Minni wheat closed moderately higher.</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>MAR17 HI 5.69 1/2 SEP17 HI 5.68 1/2</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> LOW 5.56 LOW 5.60 1/2</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> CLOSE 5.68 1/2 Up 11 CLOSE 5.68 Up 6 3/4</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Basis 0.87 0.87 0.87 0.47</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>CAD $/bu 5.30 5.30 5.30 6.15</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>CAD $/tonne 194.75 194.75 194.75 226.12</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Direct MarkHarvest 2016 Harvest 2017</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>ELEVATORS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Brgssvll N/A N/A 0.70 N/A N/A N/A 0.60 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>London 0.74 0.74 0.74 N/A 0.75 0.69 0.69 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Hensall 0.70 N/A 0.70 N/A 0.65 N/A 0.60 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Trenton N/A N/A N/A N/A N/A N/A 0.80 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Bruce 0.70 0.70 0.70 0.40 0.65 0.65 0.60 0.60</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Essex N/A N/A 0.51 N/A N/A N/A 0.47 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Norwich 0.70 N/A 0.70 N/A 0.65 N/A 0.60 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Port Hope N/A N/A 0.70 N/A N/A 0.65 0.65 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Kent Bridge 0.70 N/A 0.70 N/A 0.65 N/A 0.60 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Chatham N/A N/A 0.70 N/A N/A N/A 0.65 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Brigden N/A N/A 0.70 N/A N/A N/A 0.65 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Palmerston N/A 0.70 0.70 0.40 N/A 0.65 0.60 0.60</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Varna 0.70 0.70 0.70 N/A 0.95 0.65 0.65 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Mitchell 0.70 0.70 0.70 N/A 0.65 0.60 0.60 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Thornton N/A N/A N/A 0.15 N/A N/A N/A N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>North Gower N/A 0.74 0.74 0.24 N/A 0.86 0.86 0.61</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>W O Feed 1.37</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>TERMINAL</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Sarnia 1.14 0.79 0.94 N/A 1.08 0.73 0.85 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Prescott N/A N/A 0.76 N/A N/A N/A 0.95 N/A</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>PROCESSORS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Toledo FM N/A N/A 1.39N/A N/A N/A 1.46N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u><br>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Toledo El. 4.34US 5.69CA 4.47US 5.86CA</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u><br>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>Basis 1.06 1.06 1.06 0.72</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>CAD $/bu 5.73 5.73 5.73 6.40</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>CAD $/tonne 210.64 210.64 210.64 235.22</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>FEED GRAINS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>FOB Hm Soymeal 507.51</u></div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><u>DDG's FOB Srn & Aylm 145.00 - 150.00</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 13.3333px;">Ontario Grain Market Commentary for Feb. 9, 2017, by Marty Hibbs, Grain Farmers of Ontario</div>
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<div>Thursday, February 9, 2017 Closing Prices </div>
<div>COMMODITY<span class="x_Apple-tab-span" style="white-space: pre;"> </span>PERIOD<span class="x_Apple-tab-span" style="white-space: pre;">
</span>PRICE<span class="x_Apple-tab-span" style="white-space: pre;"> </span>WEEKLY MOVEMENT</div>
<div>Corn CBOT<span class="x_Apple-tab-span" style="white-space: pre;"> </span>Mar<span class="x_Apple-tab-span" style="white-space: pre;">
</span>3.69<span class="x_Apple-tab-span" style="white-space: pre;"> </span>$B",(B<span class="x_Apple-tab-span" style="white-space: pre;">
</span> 01<span class="x_Apple-tab-span" style="white-space: pre;"> </span>
cents</div>
<div>Soybeans CBOT<span class="x_Apple-tab-span" style="white-space: pre;"> </span>
Mar <span class="x_Apple-tab-span" style="white-space: pre;"></span>10.50<span class="x_Apple-tab-span" style="white-space: pre;">
</span>$B",(B<span class="x_Apple-tab-span" style="white-space: pre;"> </span>13<span class="x_Apple-tab-span" style="white-space: pre;">
</span>cents</div>
<div>Wheat CBOT<span class="x_Apple-tab-span" style="white-space: pre;"> </span>Mar<span class="x_Apple-tab-span" style="white-space: pre;">
</span>4.43<span class="x_Apple-tab-span" style="white-space: pre;"> </span>$B",(B<span class="x_Apple-tab-span" style="white-space: pre;">
</span> 09<span class="x_Apple-tab-span" style="white-space: pre;"> </span>
cents</div>
<div>Wheat Minn.<span class="x_Apple-tab-span" style="white-space: pre;"> </span>
Mar<span class="x_Apple-tab-span" style="white-space: pre;"> </span>5.68<span class="x_Apple-tab-span" style="white-space: pre;">
</span>$B",(B<span class="x_Apple-tab-span" style="white-space: pre;"> </span>13<span class="x_Apple-tab-span" style="white-space: pre;">
</span>cents</div>
<div>Wheat Kansas<span class="x_Apple-tab-span" style="white-space: pre;"> </span>
Mar<span class="x_Apple-tab-span" style="white-space: pre;"> </span>4.51<span class="x_Apple-tab-span" style="white-space: pre;">
</span>$B",(B<span class="x_Apple-tab-span" style="white-space: pre;"> </span>11<span class="x_Apple-tab-span" style="white-space: pre;">
</span>cents</div>
<div>Chicago Oats<span class="x_Apple-tab-span" style="white-space: pre;"> </span>
Mar<span class="x_Apple-tab-span" style="white-space: pre;"> </span>2.54<span class="x_Apple-tab-span" style="white-space: pre;">
</span>$B",(B<span class="x_Apple-tab-span" style="white-space: pre;"> </span>04<span class="x_Apple-tab-span" style="white-space: pre;">
</span>cents </div>
<div><span class="x_Apple-tab-span" style="white-space: pre;"></span></div>
<div>Canadian $<span class="x_Apple-tab-span" style="white-space: pre;"> </span>Mar<span class="x_Apple-tab-span" style="white-space: pre;">
</span>.7612<span class="x_Apple-tab-span" style="white-space: pre;"> </span>$B"-(B<span class="x_Apple-tab-span" style="white-space: pre;">
</span>0.50<span class="x_Apple-tab-span" style="white-space: pre;"> </span>points</div>
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<div>CORN: This month$B!G(Bs United States Department of Agriculture (USDA) report highlighted a 4 MMT increase in Chinese demand coupled with a 1.5 MMT increase in Mexican output.</div>
<div>As for the charts, we are still stuck at our $3.70 resistance, but if and when we manage to clear this resistance convincingly and close above here, we are cleared for our next task which is an attempt at the $3.80 - $4 corn. Our main downtrend line runs
just north of $4 on the lead month contract. Short term and weekly indicators are still positive, but the main trend is still down.</div>
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<div>SOYBEANS: Highlights of the USDA report showed Argentina$B!G(Bs soybean crop being cut 1.5 million metric tonnes but the cut was less than expected and the beans softened after the report. <span style="font-size: 10pt;">The trading range is getting smaller
each passing week and soybeans are heading into a narrow vertex on the weekly chart, which should resolve itself before the end of May. Currently, the range is between $10 and $11. Initial support is still at the $10. level on March, and once we close convincingly
above $10.75, our next target is the $11 - $11.20 area. </span><span style="font-size: 10pt;">Short and intermediate term indicators are still positive but the main trend is still down.</span></div>
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<div>WHEAT: Wheat behaved as expected and had a nice rally after the USDA report. Our target of $4.40 was finally met and from this level we could expect another pullback to work on our inverted head and shoulders formation before heading high to our next target
of $4.50 and a challenge to our intermediate trend line. According to the charts we may see this attempt in the coming weeks. The completion of our inverted pattern suggests we may see the lead month contract price as high as $4.80 which would not only complete
the pattern, but challenge our intermediate downtrend. Our red buy signal from Christmas is still intact. <span style="font-size: 10pt;">CBOT March wheat initial support is still seen at the $4.20 level while overhead resistance is still at the $4.40 - $4.45
level. </span><span style="font-size: 10pt;">Both short and intermediate term indicators are still positive, but the primary trend is still down.</span></div>
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<div>CROP CASH PRICES as of close on February 9, 2017</div>
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<div>SWW @ $194.70 ($5.30/bu), HRW @ $194.70/MT ($5.30/bu), </div>
<div>HRS @ $224.61/MT ($6.11/bu), SRW @ $194.70/MT ($5.30/bu).</div>
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<span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background: rgb(253, 253, 253);">Editor, AgriLink and Farm Market News<span class="x_apple-converted-space"> </span></span><br>
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