<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 style="margin-top:0;margin-bottom:0"><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, February 7</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2556 up 0.0029</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR18 HI 3.65 3/4 DEC18 HI 3.95</u></div>
<div><u> LOW 3.62 1/2 LOW 3.92 1/2</u></div>
<div><u> CLOSE3.65 1/4 Up 1 3/4 CLOSE 3.94 3/4 Up 1 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 +MAY18+MAY18+JUL18</u></div>
<div><u>CK Low 0.60 4.25 167.41 0.60 4.55 179.03</u></div>
<div><u>CK High 0.65 4.30 169.38 0.65 4.60 181.00</u></div>
<div><u>CK Avg 0.61 -0.26 4.26 167.74 0.62 -0.31 4.56 179.68</u></div>
<div><u>Essex Cty 0.60 4.25 167.41 0.65 4.60 181.00</u></div>
<div><u>Mdsx Low 0.60 4.25 167.41 0.60 4.55 179.03</u></div>
<div><u>Mdsx High 0.65 4.30 169.38 0.60 4.55 179.03</u></div>
<div><u>Mdsx Avg 0.63 -0.25 4.28 168.40 0.60 -0.32 4.55 179.03</u></div>
<div><u>Hensall 0.65 4.30 169.38 0.60 4.55 179.03</u></div>
<div><u>Bruce 0.65 4.30 169.38 0.60 4.55 179.03</u></div>
<div><u>Putnam 0.65 4.30 169.38 0.60 4.55 179.03</u></div>
<div><u>Burford 0.60 4.25 167.41 0.60 4.55 179.03</u></div>
<div><u>Port Perry 0.65 4.30 169.38 0.65 4.60 181.00</u></div>
<div><u>Norfolk 0.70 4.35 171.35 0.65 4.60 181.00</u></div>
<div><u>Palmerston 0.60 4.25 167.41 0.65 4.60 181.00</u></div>
<div><u>Varna 0.65 4.30 169.38 0.60 4.55 179.03</u></div>
<div><u>Trenton 0.70 4.35 171.35 0.75 4.70 184.93</u></div>
<div><u>Winchester 0.95 4.60 181.19 0.95 4.90 192.81</u></div>
<div><u>North Gower 0.90 4.55 179.22 0.90 4.85 190.84</u></div>
<div><u>Huron FOB 0.75 4.40 173.32 0.60 4.55 179.03</u></div>
<div><u>Kent FOB 0.92 4.57 180.01 0.70 4.65 182.96</u></div>
<div><u>Lamb FOB 0.85 4.50 177.26 0.65 4.60 181.00</u></div>
<div><u>Mdsx FOB 0.65N/A N/A N/A 4.30 169.38 0.60 4.55 179.03</u></div>
<div><u>FOB SW Que 1.35 5.00 196.94 1.06 5.01 197.14</u></div>
<div><u>Track 1.08 4.73 186.11N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.04 1.03 1.09 1.07 4.69 184.74 0.85 4.80 188.87</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 0.85 1.00 4.60 181.19 N/A</u></div>
<div><u>Sarn-Eth 0.95 0.95N/A N/A 4.60 181.19N/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 4.90 192.81</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 0.90 4.85 190.84</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.10 5.05 198.71</u></div>
<div><u>W O Feed 1.20 4.85 190.96</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.28 4.93 194.18</u></div>
<div><u>Toledo El. -0.04 3.61 142.31 -0.25 3.70 145.53</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.62 1/2 4.27 3/4</u></div>
<div><u>HI SD CRN 0.65 4.30 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2556 up 0.0029</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR18 HI 9.93 3/4 NOV18 HI 10.09 1/2</u></div>
<div><u> LOW 9.82 LOW 9.99 1/4</u></div>
<div><u> CLOSE9.83 Down 3 1/4 CLOSE 10.00 1/2 Down 5</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 11.53 423.651.75 11.76 431.92</u></div>
<div><u>CK High 1.85 11.68 429.171.85 11.86 435.60</u></div>
<div><u>CK Average 1.80 -0.5711.63 427.211.80 -0.6011.80 433.64</u></div>
<div><u>Essex Cty 1.70 11.53 423.651.70 11.71 430.09</u></div>
<div><u>Mdsx Low 1.78 11.61 426.591.78 11.79 433.02</u></div>
<div><u>Mdsx High 1.80 11.63 427.331.85 11.86 435.60</u></div>
<div><u>Mdsx Average 1.79 -0.5811.62 426.961.82 -0.5811.82 434.31</u></div>
<div><u>Hensall 1.80 11.63 427.331.85 11.86 435.60</u></div>
<div><u>Bruce 1.80 11.63 427.331.85 11.86 435.60</u></div>
<div><u>Putnam 1.80 11.63 427.331.85 11.86 435.60</u></div>
<div><u>Burford 1.85 11.68 429.171.85 11.86 435.60</u></div>
<div><u>Port Perry 1.78 11.61 426.591.78 11.79 433.02</u></div>
<div><u>Norfolk 1.80 11.63 427.331.90 11.91 437.43</u></div>
<div><u>Palmerston 1.70 11.53 423.651.75 11.76 431.92</u></div>
<div><u>Varna 1.80 11.63 427.331.85 11.86 435.60</u></div>
<div><u>Trenton 1.70 11.53 423.651.75 11.76 431.92</u></div>
<div><u>Winchester 1.77 11.60 426.231.82 11.83 434.49</u></div>
<div><u>North Gower 1.68 11.51 422.921.68 11.69 429.35</u></div>
<div><u>Huron FOB 1.90 11.73 431.001.90 11.91 437.43</u></div>
<div><u>Kent FOB 2.00 11.83 434.681.85 11.86 435.60</u></div>
<div><u>Lambton FOB 2.05 11.88 436.521.90 11.91 437.43</u></div>
<div><u>Middlesex FOB1.93 1.99 1.94 1.94 11.76 432.111.88 11.89 436.70</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.25 12.26 450.29</u></div>
<div><u>Prescott 1.91 11.74 431.372.13 12.14 445.88</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.24 9.59 352.43-0.38 9.63 353.79</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2556 up 0.0029</u></div>
<div><u>Chicago wheat closed higher.</u></div>
<div><u>MAR18 HI 4.61 3/4 JUL18 HI 4.87 1/4</u></div>
<div><u> LOW 4.47 3/4 LOW 4.74 1/2</u></div>
<div><u> CLOSE 4.60 1/2 Up 14 1/4 CLOSE 4.86 1/4 Up 13 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately higher.</u></div>
<div><u>MAR18 HI 6.14 SEP18 HI 6.37 1/2</u></div>
<div><u> LOW 6.05 1/2 LOW 6.28 1/4</u></div>
<div><u> CLOSE 6.12 1/4 Up 4 CLOSE 6.36 3/4 Up 6 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 1.11 1.05 0.99 0.25</u></div>
<div><u>CAD $/bu 5.72 5.66 5.59 6.37</u></div>
<div><u>CAD $/tonne 210.14 207.84 205.53 234.02</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 0.90 N/A N/A N/A 0.80 N/A</u></div>
<div><u>London 0.92 1.23 0.86 N/A 1.04 0.79 0.73 N/A</u></div>
<div><u>Hensall 1.05 N/A 0.90 N/A 1.00 N/A 0.80 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 0.65 N/A N/A N/A 0.64 N/A</u></div>
<div><u>Norwich 1.05 N/A 0.90 N/A 1.00 N/A 0.80 N/A</u></div>
<div><u>Port Hope N/A N/A 0.85 N/A N/A 0.85 0.80 N/A</u></div>
<div><u>Kent Bridge 1.00 N/A 0.90 N/A 1.00 N/A 0.80 N/A</u></div>
<div><u>Chatham N/A N/A 0.90 N/A N/A N/A 0.80 N/A</u></div>
<div><u>Brigden N/A N/A 0.90 N/A N/A N/A 0.80 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 0.90 N/A 1.00 0.85 0.80 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.65 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.95 0.90 0.18 N/A 1.02 0.96 0.18</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 1.30 N/A N/A N/A 1.24 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.56US 5.72CA 4.71US 5.91CA</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 1.11 0.99 0.92 0.24</u></div>
<div><u>CAD $/bu 5.97 5.85 5.79 6.61</u></div>
<div><u>CAD $/tonne 219.49 214.89 212.58 242.77</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 463.42</u></div>
<div><u>DDG's FOB Srn & Aylm 245.00 - 255.00</u></div>
<div><u><br>
</u></div>
<u><br>
</u>
<p></p>
<p style="margin-top:0;margin-bottom:0"><u></u></p>
<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>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object" style=""><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" 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);"> to
unsubscribe from this report.</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<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>
<u></u><br>
<p></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size: 12pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: Calibri, Arial, Helvetica, sans-serif, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;">
<p></p>
<div><u><br>
</u></div>
<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<u><br>
</u>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>