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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, January 7</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3278 down 0.0097</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR19 HI 3.84 DEC19 HI 4.04 1/4</u></div>
<div><u> LOW 3.81 3/4 LOW 4.02 3/4</u></div>
<div><u> CLOSE3.82 1/4 Down 3/4 CLOSE 4.03 3/4 Down 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 +MAR19+MAY19+MAY19</u></div>
<div><u>CK Low 0.95 4.77 187.89 0.90 4.94 194.38</u></div>
<div><u>CK High 1.00 4.82 189.85 0.90 4.94 194.38</u></div>
<div><u>CK Avg 0.96 -0.22 4.78 188.28 0.90 -0.31 4.94 194.38</u></div>
<div><u>Essex Cty 1.00 4.82 189.85 0.90 4.94 194.38</u></div>
<div><u>Mdsx Low 0.95 4.77 187.89 0.90 4.94 194.38</u></div>
<div><u>Mdsx High 0.95 4.77 187.89 0.90 4.94 194.38</u></div>
<div><u>Mdsx Avg 0.95 -0.23 4.77 187.89 0.90 -0.31 4.94 194.38</u></div>
<div><u>Hensall 0.98 4.80 188.87 0.90 4.94 194.38</u></div>
<div><u>Bruce 1.00 4.82 189.85 0.90 4.94 194.38</u></div>
<div><u>Putnam 0.95 4.77 187.89 0.90 4.94 194.38</u></div>
<div><u>Burford 0.95 4.77 187.89 0.90 4.94 194.38</u></div>
<div><u>Port Perry 0.95 4.77 187.89 0.90 4.94 194.38</u></div>
<div><u>Norfolk 1.00 4.82 189.85 0.90 4.94 194.38</u></div>
<div><u>Palmerston 1.00 4.82 189.85 0.90 4.94 194.38</u></div>
<div><u>Varna 1.00 4.82 189.85 0.90 4.94 194.38</u></div>
<div><u>Trenton 0.95 4.77 187.89 0.90 4.94 194.38</u></div>
<div><u>Winchester 1.20 5.02 197.73 1.15 5.19 204.22</u></div>
<div><u>North Gower 1.15 4.97 195.76 1.12 5.16 203.04</u></div>
<div><u>Huron FOB 1.27 5.09 200.48 0.92 4.96 195.17</u></div>
<div><u>Kent FOB 1.30 5.12 201.66 0.90 4.94 194.38</u></div>
<div><u>Lamb FOB 1.35 5.17 203.63 1.00 5.04 198.32</u></div>
<div><u>Mdsx FOB 1.30 1.35 1.35N/A 5.12 201.66 0.95 4.99 196.35</u></div>
<div><u>FOB SW Que 1.56 5.38 211.90N/A</u></div>
<div><u>Track 1.40 5.22 205.60N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.46 1.03 5.07 199.50</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.10 5.14 202.25</u></div>
<div><u>Aylmer-Eth N/A 1.55 1.50 1.55 1.15 5.19 204.22</u></div>
<div><u>Sarn-Eth 1.30 1.35N/A N/A 5.12 201.66N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A 1.55 1.52 1.57 1.20 5.24 206.19</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 N/A 1.30 5.34 210.13</u></div>
<div><u>W O Feed 1.68 5.50 216.47</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.85 5.67 223.32</u></div>
<div><u>Toledo El. -0.16 3.66 144.21 -0.26 3.77 148.53</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.97 1/2 4.79 3/4</u></div>
<div><u>HI SD CRN 1.00 4.82 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 1.3278 down 0.0097</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR19 HI 9.27 3/4 NOV19 HI 9.62 3/4</u></div>
<div><u> LOW 9.20 3/4 LOW 9.56 1/4</u></div>
<div><u> CLOSE9.24 1/4 Up 2 3/4 CLOSE 9.60 3/4 Up 3 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+MAR1+MAY19</u></div>
<div><u>CK Low 2.10 11.34 416.772.30 11.91 437.53</u></div>
<div><u>CK High 2.17 11.41 419.342.35 11.96 439.36</u></div>
<div><u>CK Average 2.14 -0.6711.39 418.382.33 -0.5911.94 438.78</u></div>
<div><u>Essex Cty 2.10 11.34 416.772.40 12.01 441.20</u></div>
<div><u>Mdsx Low 2.15 11.39 418.602.35 11.96 439.36</u></div>
<div><u>Mdsx High 2.21 11.45 420.812.36 11.97 439.73</u></div>
<div><u>Mdsx Average 2.18 -0.6411.42 419.712.36 -0.5711.96 439.55</u></div>
<div><u>Hensall 2.15 11.39 418.602.35 11.96 439.36</u></div>
<div><u>Bruce 2.20 11.44 420.442.40 12.01 441.20</u></div>
<div><u>Putnam 2.15 11.39 418.602.35 11.96 439.36</u></div>
<div><u>Burford 2.21 11.45 420.812.36 11.97 439.73</u></div>
<div><u>Port Perry 2.17 11.41 419.342.32 11.93 438.26</u></div>
<div><u>Norfolk 2.10 11.34 416.772.30 11.91 437.53</u></div>
<div><u>Palmerston 2.25 11.49 422.282.50 12.11 444.87</u></div>
<div><u>Varna 2.15 11.39 418.602.35 11.96 439.36</u></div>
<div><u>Trenton 2.20 11.44 420.442.40 12.01 441.20</u></div>
<div><u>Winchester 2.19 11.43 420.072.33 11.94 438.63</u></div>
<div><u>North Gower 2.40 11.64 427.792.45 12.06 443.04</u></div>
<div><u>Huron FOB 2.25 11.49 422.282.45 12.06 443.04</u></div>
<div><u>Kent FOB 2.30 11.54 424.112.30 11.91 437.53</u></div>
<div><u>Lambton FOB 2.10 11.34 416.772.50 12.11 444.87</u></div>
<div><u>Middlesex FOB2.14 2.41 2.48 2.59 11.38 418.242.48 12.09 444.14</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.58 N/A N/A N/A 11.82 434.402.78 12.39 455.16</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.55 11.79 433.302.80 12.41 455.90</u></div>
<div><u>Prescott 2.20 11.44 420.442.85 12.46 457.73</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.60 8.65 317.65-0.40 9.21 338.42</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3278 down 0.0097</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>MAR19 HI 5.18 1/2 JUL19 HI 5.30 1/2</u></div>
<div><u> LOW 5.13 1/2 LOW 5.25 1/2</u></div>
<div><u> CLOSE 5.16 3/4 Down 1/4 CLOSE 5.27 Down 2 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAR19 HI 5.72 SEP19 HI 5.90 1/2</u></div>
<div><u> LOW 5.65 1/2 LOW 5.85 1/2</u></div>
<div><u> CLOSE 5.68 Down 2 1/4 CLOSE 5.87 1/4 Down 2</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 1.36 1.49 1.36 0.73</u></div>
<div><u>CAD $/bu 6.53 6.66 6.53 6.41</u></div>
<div><u>CAD $/tonne 239.91 244.79 239.91 235.64</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2018 Harvest 2019</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 1.30 N/A N/A N/A 1.20 N/A</u></div>
<div><u>London 1.51 1.38 1.31 N/A 1.54 1.40 1.27 N/A</u></div>
<div><u>Hensall 1.55 N/A 1.30 N/A 1.60 N/A 1.20 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.35 N/A</u></div>
<div><u>Bruce 1.45 1.60 1.35 1.10 1.35 1.50 1.25 1.00</u></div>
<div><u>Essex N/A N/A 1.35 N/A N/A N/A 1.25 N/A</u></div>
<div><u>Norwich 1.55 N/A 1.30 N/A 1.60 N/A 1.20 N/A</u></div>
<div><u>Port Hope N/A N/A 1.30 N/A N/A 1.30 1.20 N/A</u></div>
<div><u>Kent Bridge 1.55 N/A 1.30 N/A 1.60 N/A 1.20 N/A</u></div>
<div><u>Chatham N/A N/A 1.35 N/A N/A N/A 1.25 N/A</u></div>
<div><u>Brigden N/A N/A 1.35 N/A N/A N/A 1.25 N/A</u></div>
<div><u>Palmerston N/A 1.60 1.20 1.10 N/A 1.50 1.00 1.00</u></div>
<div><u>Varna 1.55 1.55 1.35 N/A 1.35 1.40 1.25 N/A</u></div>
<div><u>Mitchell 1.55 1.30 1.30 N/A 1.60 1.35 1.20 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.61 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.40 1.25 0.64 N/A 1.39 1.34 0.62</u></div>
<div><u>W O Feed 1.89</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 1.89 N/A N/A N/A 1.84 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.12US 6.79CA 5.12US 6.78CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.24 1.31 1.24 0.64</u></div>
<div><u>CAD $/bu 6.51 6.58 6.51 6.52</u></div>
<div><u>CAD $/tonne 239.32 241.75 239.32 239.44</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 503.99</u></div>
<div><u>DDG's FOB Srn & Aylm 160.00 - 170.00</u></div>
<div><br>
</div>
<div><span id="ms-rterangepaste-start"></span>
<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" id="LPlnk211155" class="OWAAutoLink" previewremoved="true"><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" id="LPlnk356237" class="OWAAutoLink" previewremoved="true"><span style="font-size:10.0pt;line-height:115%;
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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;
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<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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