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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 6</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2527 up 0.0018</u></div>
<div><u>Chicago corn closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR18 HI 3.64 DEC18 HI 3.94 1/4</u></div>
<div><u> LOW 3.56 1/4 LOW 3.87 3/4</u></div>
<div><u> CLOSE3.63 1/2 Up 4 3/4 CLOSE 3.93 1/2 Up 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 +MAY18+MAY18+JUL18</u></div>
<div><u>CK Low 0.60 4.24 166.72 0.60 4.54 178.54</u></div>
<div><u>CK High 0.60 4.24 166.72 0.65 4.59 180.50</u></div>
<div><u>CK Avg 0.60 -0.25 4.24 166.72 0.61 -0.30 4.54 178.86</u></div>
<div><u>Essex Cty 0.60 4.24 166.72 0.65 4.59 180.50</u></div>
<div><u>Mdsx Low 0.60 4.24 166.72 0.60 4.54 178.54</u></div>
<div><u>Mdsx High 0.65 4.29 168.69 0.60 4.54 178.54</u></div>
<div><u>Mdsx Avg 0.63 -0.23 4.26 167.71 0.60 -0.31 4.54 178.54</u></div>
<div><u>Hensall 0.65 4.29 168.69 0.60 4.54 178.54</u></div>
<div><u>Bruce 0.65 4.29 168.69 0.60 4.54 178.54</u></div>
<div><u>Putnam 0.65 4.29 168.69 0.60 4.54 178.54</u></div>
<div><u>Burford 0.60 4.24 166.72 0.60 4.54 178.54</u></div>
<div><u>Port Perry 0.65 4.29 168.69 0.65 4.59 180.50</u></div>
<div><u>Norfolk 0.65 4.29 168.69 0.60 4.54 178.54</u></div>
<div><u>Palmerston 0.60 4.24 166.72 0.65 4.59 180.50</u></div>
<div><u>Varna 0.65 4.29 168.69 0.60 4.54 178.54</u></div>
<div><u>Trenton 0.70 4.34 170.66 0.75 4.69 184.44</u></div>
<div><u>Winchester 0.95 4.59 180.50 0.95 4.89 192.31</u></div>
<div><u>North Gower 0.90 4.54 178.54 0.82 4.76 187.20</u></div>
<div><u>Huron FOB 0.75 4.39 172.63 0.60 4.54 178.54</u></div>
<div><u>Kent FOB 0.87 4.51 177.35 0.65 4.59 180.50</u></div>
<div><u>Lamb FOB 0.85 4.49 176.57 0.65 4.59 180.50</u></div>
<div><u>Mdsx FOB 0.65N/A N/A N/A 4.29 168.69 0.60 4.54 178.54</u></div>
<div><u>FOB SW Que 1.37 5.01 197.04 1.00 4.94 194.28</u></div>
<div><u>Track 1.03 4.66 183.46N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.00 0.98 1.04 1.02 4.64 182.47 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 0.95 0.95 0.95 1.00 4.59 180.50 N/A</u></div>
<div><u>Sarn-Eth 0.95 0.95N/A N/A 4.59 180.50N/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 1.10 0.95 4.89 192.31</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 0.90 4.84 190.35</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.10 5.04 198.22</u></div>
<div><u>W O Feed 1.18 4.81 189.48</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.17 4.81 189.16</u></div>
<div><u>Toledo El. -0.04 3.60 141.62 -0.25 3.68 145.06</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.60 4.23 1/2</u></div>
<div><u>HI SD CRN 0.60 4.23 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 1.2527 up 0.0018</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR18 HI 9.87 1/2 NOV18 HI 10.06 1/4</u></div>
<div><u> LOW 9.67 3/4 LOW 9.89 1/4</u></div>
<div><u> CLOSE9.86 1/4 Up 16 1/2 CLOSE 10.05 1/2 Up 14</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+MAY18</u></div>
<div><u>CK Low 1.70 11.56 424.851.75 11.81 433.76</u></div>
<div><u>CK High 1.85 11.71 430.361.80 11.86 435.60</u></div>
<div><u>CK Average 1.79 -0.5611.65 428.091.79 -0.5911.84 435.11</u></div>
<div><u>Essex Cty 1.70 11.56 424.851.70 11.76 431.92</u></div>
<div><u>Mdsx Low 1.75 11.61 426.691.77 11.83 434.49</u></div>
<div><u>Mdsx High 1.80 11.66 428.521.85 11.91 437.43</u></div>
<div><u>Mdsx Average 1.78 -0.5711.64 427.601.81 -0.5711.87 435.96</u></div>
<div><u>Hensall 1.80 11.66 428.521.85 11.91 437.43</u></div>
<div><u>Bruce 1.80 11.66 428.521.85 11.91 437.43</u></div>
<div><u>Putnam 1.80 11.66 428.521.85 11.91 437.43</u></div>
<div><u>Burford 1.82 11.68 429.261.84 11.90 437.07</u></div>
<div><u>Port Perry 1.75 11.61 426.691.77 11.83 434.49</u></div>
<div><u>Norfolk 1.78 11.64 427.791.85 11.91 437.43</u></div>
<div><u>Palmerston 1.70 11.56 424.851.75 11.81 433.76</u></div>
<div><u>Varna 1.80 11.66 428.521.85 11.91 437.43</u></div>
<div><u>Trenton 1.70 11.56 424.851.75 11.81 433.76</u></div>
<div><u>Winchester 1.76 11.62 427.051.79 11.85 435.23</u></div>
<div><u>North Gower 1.57 11.43 420.071.66 11.72 430.45</u></div>
<div><u>Huron FOB 1.90 11.76 432.201.90 11.96 439.27</u></div>
<div><u>Kent FOB 1.98 11.84 435.141.80 11.86 435.60</u></div>
<div><u>Lambton FOB 2.00 11.86 435.871.90 11.96 439.27</u></div>
<div><u>Middlesex FOB1.92 1.98 1.93 1.93 11.78 432.931.87 11.93 438.17</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.25 12.31 452.13</u></div>
<div><u>Prescott 1.91 11.77 432.572.13 12.19 447.72</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.24 9.62 353.64-0.38 9.68 355.67</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2527 up 0.0018</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>MAR18 HI 4.47 3/4 JUL18 HI 4.74 1/2</u></div>
<div><u> LOW 4.38 3/4 LOW 4.65 3/4</u></div>
<div><u> CLOSE 4.46 1/4 Up 6 CLOSE 4.73 Up 6</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately higher.</u></div>
<div><u>MAR18 HI 6.09 1/2 SEP18 HI 6.31 3/4</u></div>
<div><u> LOW 6.02 LOW 6.26</u></div>
<div><u> CLOSE 6.08 1/4 Up 6 1/2 CLOSE 6.30 Up 4 3/4</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 1.07 1.00 0.94 0.22</u></div>
<div><u>CAD $/bu 5.53 5.47 5.40 6.30</u></div>
<div><u>CAD $/tonne 203.11 200.81 198.51 231.65</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 0.85 N/A N/A N/A 0.75 N/A</u></div>
<div><u>London 0.93 1.24 0.87 N/A 1.05 0.80 0.74 N/A</u></div>
<div><u>Hensall 1.05 N/A 0.85 N/A 0.95 N/A 0.75 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 1.05 0.80 0.85 0.25 0.95 0.75 0.75 0.35</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.55 N/A</u></div>
<div><u>Norwich 1.05 N/A 0.85 N/A 0.95 N/A 0.75 N/A</u></div>
<div><u>Port Hope N/A N/A 0.85 N/A N/A 0.85 0.75 N/A</u></div>
<div><u>Kent Bridge 1.00 N/A 0.85 N/A 0.95 N/A 0.75 N/A</u></div>
<div><u>Chatham N/A N/A 0.85 N/A N/A N/A 0.75 N/A</u></div>
<div><u>Brigden N/A N/A 0.85 N/A N/A N/A 0.75 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 1.20 0.95 0.90 N/A 1.00 0.80 0.80 N/A</u></div>
<div><u>Mitchell 1.05 1.05 0.85 N/A 0.95 0.85 0.75 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.56 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.88 0.80 0.11 N/A 0.91 0.84 0.08</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 1.25 N/A N/A N/A 1.19 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.41US 5.53CA 4.58US 5.73CA</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 1.06 0.94 0.88 0.21</u></div>
<div><u>CAD $/bu 5.79 5.67 5.61 6.51</u></div>
<div><u>CAD $/tonne 212.85 208.26 205.96 239.06</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 459.34</u></div>
<div><u>DDG's FOB Srn & Aylm 245.00 - 255.00</u></div>
<div><u><br>
</u></div>
<u></u>
<p class="MsoNormal" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><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" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1500</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1530</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
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<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
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