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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, February 9</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2601 up 0.0018</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR18 HI 3.65 1/2 DEC18 HI 3.94 1/2</u></div>
<div><u> LOW 3.61 1/2 LOW 3.91 1/2</u></div>
<div><u> CLOSE3.62 Down 3 3/4 CLOSE 3.92 1/4 Down 2 3/4</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 4.22 166.13 0.65 4.57 180.01</u></div>
<div><u>CK High 0.65 4.27 168.10 0.70 4.62 181.98</u></div>
<div><u>CK Avg 0.64 -0.24 4.26 167.77 0.66 -0.28 4.58 180.34</u></div>
<div><u>Essex Cty 0.60 4.22 166.13 0.65 4.57 180.01</u></div>
<div><u>Mdsx Low 0.65 4.27 168.10 0.65 4.57 180.01</u></div>
<div><u>Mdsx High 0.65 4.27 168.10 0.65 4.57 180.01</u></div>
<div><u>Mdsx Avg 0.65 -0.23 4.27 168.10 0.65 -0.29 4.57 180.01</u></div>
<div><u>Hensall 0.65 4.27 168.10 0.63 4.55 179.03</u></div>
<div><u>Bruce 0.65 4.27 168.10 0.65 4.57 180.01</u></div>
<div><u>Putnam 0.65 4.27 168.10 0.65 4.57 180.01</u></div>
<div><u>Burford 0.70 4.32 170.07 0.65 4.57 180.01</u></div>
<div><u>Port Perry 0.65 4.27 168.10 0.65 4.57 180.01</u></div>
<div><u>Norfolk 0.70 4.32 170.07 0.65 4.57 180.01</u></div>
<div><u>Palmerston 0.60 4.22 166.13 0.65 4.57 180.01</u></div>
<div><u>Varna 0.65 4.27 168.10 0.60 4.52 178.04</u></div>
<div><u>Trenton 0.70 4.32 170.07 0.75 4.67 183.95</u></div>
<div><u>Winchester 0.95 4.57 179.91 0.95 4.87 191.82</u></div>
<div><u>North Gower 0.92 4.54 178.73 0.92 4.84 190.64</u></div>
<div><u>Huron FOB 0.88 4.50 177.16 0.68 4.60 181.19</u></div>
<div><u>Kent FOB 0.92 4.54 178.73 0.70 4.62 181.98</u></div>
<div><u>Lamb FOB 0.85 4.47 175.98 0.65 4.57 180.01</u></div>
<div><u>Mdsx FOB 0.65N/A N/A N/A 4.27 168.10 0.60 4.52 178.04</u></div>
<div><u>FOB SW Que 1.34 4.96 195.27 1.00 4.92 193.79</u></div>
<div><u>Track 1.08 4.70 184.83N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.04 1.03 1.09 1.07 4.66 183.46 0.85 4.77 187.89</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 4.57 179.91 N/A</u></div>
<div><u>Sarn-Eth 0.95 0.95N/A N/A 4.57 179.91N/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 4.87 191.82</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.00 4.92 193.79</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.10 5.02 197.73</u></div>
<div><u>W O Feed 1.20 4.82 189.76</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.30 4.92 193.69</u></div>
<div><u>Toledo El. -0.04 3.58 141.02 -0.25 3.67 144.51</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.62 1/2 4.24 1/2</u></div>
<div><u>HI SD CRN 0.65 4.27</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2601 up 0.0018</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR18 HI 9.89 3/4 NOV18 HI 10.05</u></div>
<div><u> LOW 9.79 3/4 LOW 9.97</u></div>
<div><u> CLOSE9.83 Down 4 3/4 CLOSE 10.00 Down 4 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+MAY1+MAY18</u></div>
<div><u>CK Low 1.80 11.63 427.331.85 11.85 435.41</u></div>
<div><u>CK High 1.90 11.73 431.001.90 11.90 437.25</u></div>
<div><u>CK Average 1.86 -0.5611.69 429.411.87 -0.5711.87 436.03</u></div>
<div><u>Essex Cty 1.80 11.63 427.331.85 11.85 435.41</u></div>
<div><u>Mdsx Low 1.84 11.67 428.801.85 11.85 435.41</u></div>
<div><u>Mdsx High 1.85 11.68 429.171.90 11.90 437.25</u></div>
<div><u>Mdsx Average 1.85 -0.5611.68 428.981.88 -0.5711.88 436.33</u></div>
<div><u>Hensall 1.83 11.66 428.251.88 11.88 436.33</u></div>
<div><u>Bruce 1.85 11.68 429.171.90 11.90 437.25</u></div>
<div><u>Putnam 1.85 11.68 429.171.90 11.90 437.25</u></div>
<div><u>Burford 1.91 11.74 431.371.92 11.92 437.99</u></div>
<div><u>Port Perry 1.84 11.67 428.801.85 11.85 435.41</u></div>
<div><u>Norfolk 1.85 11.68 429.171.95 11.95 439.09</u></div>
<div><u>Palmerston 1.80 11.63 427.331.85 11.85 435.41</u></div>
<div><u>Varna 1.80 11.63 427.331.85 11.85 435.41</u></div>
<div><u>Trenton 1.70 11.53 423.651.90 11.90 437.25</u></div>
<div><u>Winchester 1.83 11.66 428.431.86 11.86 435.78</u></div>
<div><u>North Gower 1.78 11.61 426.591.78 11.78 432.84</u></div>
<div><u>Huron FOB 1.90 11.73 431.001.95 11.95 439.09</u></div>
<div><u>Kent FOB 2.05 11.88 436.521.90 11.90 437.25</u></div>
<div><u>Lambton FOB 2.05 11.88 436.521.95 11.95 439.09</u></div>
<div><u>Middlesex FOB1.98 2.04 2.06 2.06 11.81 433.941.93 11.93 438.35</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.30 12.30 451.95</u></div>
<div><u>Prescott 1.96 11.79 433.212.17 12.17 447.17</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.24 9.59 352.39-0.38 9.62 353.56</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2601 up 0.0018</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>MAR18 HI 4.56 JUL18 HI 4.82 1/4</u></div>
<div><u> LOW 4.48 1/4 LOW 4.74 1/2</u></div>
<div><u> CLOSE 4.49 Down 7 1/4 CLOSE 4.74 3/4 Down 7 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>MAR18 HI 6.13 SEP18 HI 6.37 1/2</u></div>
<div><u> LOW 6.02 3/4 LOW 6.28 1/4</u></div>
<div><u> CLOSE 6.03 1/2 Down 9 1/2 CLOSE 6.29 1/4 Down 8 1/2</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 1.10 1.04 0.98 0.25</u></div>
<div><u>CAD $/bu 5.59 5.53 5.47 6.28</u></div>
<div><u>CAD $/tonne 205.57 203.26 200.94 230.81</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 0.99 1.30 0.93 N/A 1.11 0.86 0.79 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 1.05 0.90 0.25 1.00 0.85 0.80 0.35</u></div>
<div><u>Essex N/A N/A 0.70 N/A N/A N/A 0.75 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 0.71 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.95 0.97 0.20 N/A 1.07 1.04 0.20</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 1.29 N/A N/A N/A 1.23 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.44US 5.59CA 4.60US 5.79CA</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 1.10 0.98 0.91 0.24</u></div>
<div><u>CAD $/bu 5.85 5.72 5.66 6.54</u></div>
<div><u>CAD $/tonne 214.95 210.32 208.01 240.16</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 472.68</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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