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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, January 30</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2323 up 0.0003</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR18 HI 3.62 1/4 DEC18 HI 3.94</u></div>
<div><u> LOW 3.59 LOW 3.91 1/2</u></div>
<div><u> CLOSE3.61 1/2 Up 2 3/4 CLOSE 3.93 1/2 Up 2</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 +MAR18+MAY18+MAY18</u></div>
<div><u>CK Low 0.55 4.17 163.97 0.55 4.49 176.57</u></div>
<div><u>CK High 0.60 4.22 165.94 0.65 4.59 180.50</u></div>
<div><u>CK Avg 0.57 -0.22 4.18 164.62 0.58 -0.27 4.51 177.55</u></div>
<div><u>Essex Cty 0.60 4.22 165.94 0.65 4.59 180.50</u></div>
<div><u>Mdsx Low 0.55 4.17 163.97 0.55 4.49 176.57</u></div>
<div><u>Mdsx High 0.60 4.22 165.94 0.55 4.49 176.57</u></div>
<div><u>Mdsx Avg 0.58 -0.21 4.19 164.95 0.55 -0.29 4.49 176.57</u></div>
<div><u>Hensall 0.60 4.22 165.94 0.55 4.49 176.57</u></div>
<div><u>Bruce 0.60 4.22 165.94 0.55 4.49 176.57</u></div>
<div><u>Putnam 0.60 4.22 165.94 0.55 4.49 176.57</u></div>
<div><u>Burford 0.60 4.22 165.94 0.55 4.49 176.57</u></div>
<div><u>Port Perry 0.60 4.22 165.94 0.60 4.54 178.54</u></div>
<div><u>Norfolk 0.55 4.17 163.97 0.55 4.49 176.57</u></div>
<div><u>Palmerston 0.60 4.22 165.94 0.65 4.59 180.50</u></div>
<div><u>Varna 0.60 4.22 165.94 0.55 4.49 176.57</u></div>
<div><u>Trenton 0.65 4.27 167.91 0.75 4.69 184.44</u></div>
<div><u>Winchester 0.90 4.52 177.75 0.87 4.81 189.16</u></div>
<div><u>North Gower 0.90 4.52 177.75 0.82 4.76 187.20</u></div>
<div><u>Huron FOB 0.75 4.37 171.84 0.60 4.54 178.54</u></div>
<div><u>Kent FOB 0.80 4.42 173.81 0.60 4.54 178.54</u></div>
<div><u>Lamb FOB 0.75 4.37 171.84 0.65 4.59 180.50</u></div>
<div><u>Mdsx FOB 0.60 0.60N/A N/A 4.22 165.94 0.60 4.54 178.54</u></div>
<div><u>FOB SW Que 1.39 5.01 197.04 1.09 5.03 197.83</u></div>
<div><u>Track 1.08 4.69 184.64N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 0.95 0.95 0.93 0.99 4.57 179.72 0.80 4.74 186.41</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A 0.85 0.85 0.80 N/A</u></div>
<div><u>Sarn-Eth 0.95 0.95 0.95N/A 4.57 179.72N/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 0.90 4.84 190.35</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.00 4.94 194.28</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.05 4.99 196.25</u></div>
<div><u>W O Feed 1.13 4.75 186.96</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.14 4.76 187.20</u></div>
<div><u>Toledo El. -0.04 3.58 140.86 -0.25 3.69 145.22</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.57 1/2 4.19</u></div>
<div><u>HI SD CRN 0.60 4.21 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2323 up 0.0003</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR18 HI 10.04 3/4 NOV18 HI 10.17</u></div>
<div><u> LOW 9.88 1/4 LOW 10.04</u></div>
<div><u> CLOSE10.00 1/4 Up 8 3/4 CLOSE 10.13 1/2 Up 5 1/2</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+MAR1+MAY18</u></div>
<div><u>CK Low 1.65 11.65 428.161.62 11.76 431.92</u></div>
<div><u>CK High 1.65 11.65 428.161.70 11.84 434.86</u></div>
<div><u>CK Average 1.65 -0.5511.65 428.161.65 -0.5611.79 433.15</u></div>
<div><u>Essex Cty 1.65 11.65 428.161.60 11.74 431.19</u></div>
<div><u>Mdsx Low 1.60 11.60 426.321.62 11.76 431.92</u></div>
<div><u>Mdsx High 1.65 11.65 428.161.70 11.84 434.86</u></div>
<div><u>Mdsx Average 1.63 -0.5711.63 427.241.66 -0.5511.80 433.39</u></div>
<div><u>Hensall 1.60 11.60 426.321.68 11.81 433.94</u></div>
<div><u>Bruce 1.60 11.60 426.321.70 11.84 434.86</u></div>
<div><u>Putnam 1.60 11.60 426.321.70 11.84 434.86</u></div>
<div><u>Burford 1.72 11.72 430.731.69 11.83 434.49</u></div>
<div><u>Port Perry 1.65 11.65 428.161.62 11.76 431.92</u></div>
<div><u>Norfolk 1.65 11.65 428.161.70 11.84 434.86</u></div>
<div><u>Palmerston 1.65 11.65 428.161.65 11.79 433.02</u></div>
<div><u>Varna 1.60 11.60 426.321.65 11.79 433.02</u></div>
<div><u>Trenton 1.65 11.65 428.161.70 11.84 434.86</u></div>
<div><u>Winchester 1.59 11.59 425.951.64 11.78 432.66</u></div>
<div><u>North Gower 1.57 11.57 425.221.71 11.85 435.23</u></div>
<div><u>Huron FOB 1.70 11.70 429.991.70 11.84 434.86</u></div>
<div><u>Kent FOB 1.80 11.80 433.671.65 11.79 433.02</u></div>
<div><u>Lambton FOB 1.75 11.75 431.831.75 11.89 436.70</u></div>
<div><u>Middlesex FOB1.76 1.76 1.82 1.77 11.76 432.201.70 11.84 434.86</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.10 12.24 449.56</u></div>
<div><u>Prescott 1.77 11.77 432.571.96 12.10 444.42</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.23 9.77 358.93-0.37 9.77 358.83</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2323 up 0.0003</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>MAR18 HI 4.58 1/2 JUL18 HI 4.84 1/4</u></div>
<div><u> LOW 4.49 3/4 LOW 4.75 1/2</u></div>
<div><u> CLOSE 4.57 1/4 Up 8 CLOSE 4.83 1/2 Up 9</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>MAR18 HI 6.21 1/2 SEP18 HI 6.33 3/4</u></div>
<div><u> LOW 6.13 1/2 LOW 6.27 3/4</u></div>
<div><u> CLOSE 6.16 Up 2 1/4 CLOSE 6.29 3/4 Up 3</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 1.00 0.94 0.88 0.14</u></div>
<div><u>CAD $/bu 5.57 5.51 5.45 6.30</u></div>
<div><u>CAD $/tonne 204.77 202.51 200.25 231.37</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2017 Harvest 2018</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 0.75 N/A N/A N/A 0.65 N/A</u></div>
<div><u>London 0.84 1.15 0.78 N/A 0.95 0.71 0.65 N/A</u></div>
<div><u>Hensall 0.85 N/A 0.75 N/A 0.90 N/A 0.65 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A</u></div>
<div><u>Bruce 0.85 0.80 0.75 0.10 0.90 0.65 0.65 0.25</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.53 N/A</u></div>
<div><u>Norwich 0.85 N/A 0.75 N/A 0.90 N/A 0.65 N/A</u></div>
<div><u>Port Hope N/A N/A 0.80 N/A N/A 0.70 0.70 N/A</u></div>
<div><u>Kent Bridge 0.85 N/A 0.75 N/A 0.90 N/A 0.65 N/A</u></div>
<div><u>Chatham N/A N/A 0.75 N/A N/A N/A 0.65 N/A</u></div>
<div><u>Brigden N/A N/A 0.75 N/A N/A N/A 0.65 N/A</u></div>
<div><u>Palmerston N/A 0.80 0.80 0.25 N/A 0.75 0.80 0.35</u></div>
<div><u>Varna 1.05 0.80 0.75 N/A 0.85 0.65 0.65 N/A</u></div>
<div><u>Mitchell 0.85 0.80 0.75 N/A 0.90 0.65 0.65 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.48 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.86 0.73 0.20 N/A 0.86 0.80 0.16</u></div>
<div><u>W O Feed 1.40</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.19 N/A N/A N/A 1.12 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.52US 5.57CA 4.69US 5.77CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.99 0.87 0.81 0.10</u></div>
<div><u>CAD $/bu 5.83 5.70 5.64 6.40</u></div>
<div><u>CAD $/tonne 214.14 209.62 207.36 235.06</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 472.35</u></div>
<div><u>DDG's FOB Srn & Aylm 245.00 - 250.00</u></div>
<div><br>
</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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153); text-decoration-line: 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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153); text-decoration-line: 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%;
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<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>
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