<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 13</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3071 down 0.0003</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR17 HI 3.76 3/4 DEC17 HI 4.00 1/2</u></div>
<div><u> LOW 3.71 3/4 LOW 3.97 1/4</u></div>
<div><u> CLOSE3.75 1/2 Up 1 CLOSE 3.99 1/2 Up 1/4</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 4.41 173.42 0.75 4.75 186.80</u></div>
<div><u>CK High 0.70 4.46 175.39 0.80 4.80 188.77</u></div>
<div><u>CK Avg 0.67 -0.37 4.42 174.07 0.77 -0.35 4.76 187.46</u></div>
<div><u>Essex Cty 0.55 4.31 169.48 0.75 4.75 186.80</u></div>
<div><u>Mdsx Low 0.65 4.41 173.42 0.75 4.75 186.80</u></div>
<div><u>Mdsx High 0.65 4.41 173.42 0.75 4.75 186.80</u></div>
<div><u>Mdsx Avg 0.65 -0.38 4.41 173.42 0.75 -0.36 4.75 186.80</u></div>
<div><u>Hensall 0.68 4.43 174.40 0.78 4.77 187.79</u></div>
<div><u>Bruce 0.80 4.56 179.32 0.80 4.80 188.77</u></div>
<div><u>Putnam 0.65 4.41 173.42 0.75 4.75 186.80</u></div>
<div><u>Burford 0.65 4.41 173.42 0.75 4.75 186.80</u></div>
<div><u>Port Perry 1.05 4.81 189.16 0.80 4.80 188.77</u></div>
<div><u>Norfolk 0.80 4.56 179.32 0.90 4.90 192.71</u></div>
<div><u>Palmerston 0.75 4.51 177.35 0.80 4.80 188.77</u></div>
<div><u>Varna 0.70 4.46 175.39 0.80 4.80 188.77</u></div>
<div><u>Trenton 1.10 4.86 191.13 0.80 4.80 188.77</u></div>
<div><u>Winchester 1.15 4.91 193.10 1.10 5.10 200.58</u></div>
<div><u>North Gower 1.14 4.90 192.71 1.10 5.10 200.58</u></div>
<div><u>Huron FOB 0.95 4.71 185.23 0.85 4.85 190.74</u></div>
<div><u>Kent FOB 1.00 4.76 187.20 0.80 4.80 188.77</u></div>
<div><u>Lamb FOB 1.00 4.76 187.20 0.75 4.75 186.80</u></div>
<div><u>Mdsx FOB 0.85 0.90 0.90N/A 4.61 181.29 0.75 4.75 186.80</u></div>
<div><u>FOB SW Que 1.24 5.00 196.64N/A</u></div>
<div><u>Track 1.23 4.98 196.05N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.15 1.15 1.15 1.20 4.91 193.10 1.00 5.00 196.64</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 4.95 194.68</u></div>
<div><u>Sarn-Eth 1.15 1.15 1.15 1.20 4.91 193.10N/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 N/A N/A 1.03 5.03 197.83</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 1.13 5.13 201.76</u></div>
<div><u>W O Feed 1.43 5.19 204.28</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.67 5.43 213.57</u></div>
<div><u>Toledo El. -0.05 3.70 145.77 -0.33 3.67 144.43</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.05 4.81 189.16 0.95 4.95194 2/3</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.67 1/2 4.43</u></div>
<div><u>HI SD CRN 0.70 4.45 1/2</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 1.3071 down 0.0003</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR17 HI 10.61 3/4 NOV17 HI 10.32</u></div>
<div><u> LOW 10.50 1/2 LOW 10.21 1/4</u></div>
<div><u> CLOSE10.54 1/4 Down 4 3/4 CLOSE 10.27 1/4 Down 2 3/4</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 2.50 13.04 479.232.40 12.67 465.63</u></div>
<div><u>CK High 2.56 13.10 481.432.45 12.72 467.47</u></div>
<div><u>CK Average 2.54 -0.5213.09 480.822.41 -0.5612.68 465.94</u></div>
<div><u>Essex Cty 2.55 13.09 481.072.45 12.72 467.47</u></div>
<div><u>Mdsx Low 2.56 13.10 481.432.38 12.65 464.90</u></div>
<div><u>Mdsx High 2.60 13.14 482.902.45 12.72 467.47</u></div>
<div><u>Mdsx Average 2.58 -0.5013.12 482.172.42 -0.5512.69 466.19</u></div>
<div><u>Hensall 2.58 13.12 481.992.48 12.75 468.39</u></div>
<div><u>Bruce 2.60 13.14 482.902.45 12.72 467.47</u></div>
<div><u>Putnam 2.60 13.14 482.902.45 12.72 467.47</u></div>
<div><u>Burford 2.65 13.19 484.742.47 12.74 468.21</u></div>
<div><u>Port Perry 2.56 13.10 481.432.38 12.65 464.90</u></div>
<div><u>Norfolk 2.60 13.14 482.902.55 12.82 471.15</u></div>
<div><u>Palmerston 2.60 13.14 482.902.50 12.77 469.31</u></div>
<div><u>Varna 2.55 13.09 481.072.50 12.77 469.31</u></div>
<div><u>Trenton 2.60 13.14 482.902.45 12.72 467.47</u></div>
<div><u>Winchester 2.62 13.16 483.642.62 12.89 473.72</u></div>
<div><u>North Gower 2.48 13.02 478.492.54 12.81 470.78</u></div>
<div><u>Huron FOB 2.65 13.19 484.742.60 12.87 472.98</u></div>
<div><u>Kent FOB 2.65 13.19 484.742.40 12.67 465.63</u></div>
<div><u>Lambton FOB 2.65 13.19 484.742.55 12.82 471.15</u></div>
<div><u>Middlesex FOB2.66 2.72 2.67 N/A 13.20 485.112.56 12.83 471.51</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.10 3.13 3.10 N/A 13.64 501.282.90 13.17 484.01</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.75 13.29 488.422.83 13.10 481.43</u></div>
<div><u>Sarnia 2.46 13.00 477.762.70 12.97 476.66</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.44 10.10 371.05-0.51 9.76 358.74</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3071 down 0.0003</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAR17 HI 4.56 JUL17 HI 4.80 3/4</u></div>
<div><u> LOW 4.44 1/4 LOW 4.69 3/4</u></div>
<div><u> CLOSE 4.52 1/4 Up 3 1/4 CLOSE 4.78 3/4 Up 4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed narrowly mixed.</u></div>
<div><u>MAR17 HI 5.75 SEP17 HI 5.75 3/4</u></div>
<div><u> LOW 5.65 LOW 5.68 1/2</u></div>
<div><u> CLOSE 5.70 3/4 Down 1 3/4 CLOSE 5.74 Up 1 3/4</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 0.86 0.86 0.86 0.44</u></div>
<div><u>CAD $/bu 5.39 5.39 5.39 6.15</u></div>
<div><u>CAD $/tonne 197.87 197.87 197.87 225.94</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 0.72 0.72 0.72 N/A 0.74 0.67 0.67 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 0.51 N/A N/A N/A 0.47 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 0.60 0.60 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 0.26 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.76 0.76 0.26 N/A 1.09 1.09 0.61</u></div>
<div><u>W O Feed 1.45</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia 1.14 0.79 0.94 N/A 1.08 0.73 0.85 N/A</u></div>
<div><u>Prescott N/A N/A 0.78 N/A N/A N/A 0.98 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.52N/A N/A N/A 1.46N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.42US 5.78CA 4.59US 5.99CA</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 1.07 1.07 1.07 0.71</u></div>
<div><u>CAD $/bu 5.86 5.86 5.86 6.45</u></div>
<div><u>CAD $/tonne 215.23 215.23 215.23 236.93</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 512.80</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>
<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">
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>