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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, January 11</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.325 up 0.0045</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR19 HI 3.79 1/4 DEC19 HI 4.02 1/4</u></div>
<div><u> LOW 3.76 3/4 LOW 3.99 1/4</u></div>
<div><u> CLOSE3.78 1/4 Up 2 CLOSE 4.01 1/2 Up 2 1/2</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 +MAR19+MAY19+MAY19</u></div>
<div><u>CK Low 0.95 4.73 186.31 0.85 4.87 191.53</u></div>
<div><u>CK High 0.95 4.73 186.31 0.90 4.92 193.49</u></div>
<div><u>CK Avg 0.95 -0.21 4.73 186.31 0.88 -0.31 4.90 192.71</u></div>
<div><u>Essex Cty 0.95 4.73 186.31 0.85 4.87 191.53</u></div>
<div><u>Mdsx Low 0.95 4.73 186.31 0.85 4.87 191.53</u></div>
<div><u>Mdsx High 0.95 4.73 186.31 0.90 4.92 193.49</u></div>
<div><u>Mdsx Avg 0.95 -0.21 4.73 186.31 0.88 -0.31 4.89 192.51</u></div>
<div><u>Hensall 0.95 4.73 186.31 0.88 4.89 192.51</u></div>
<div><u>Bruce 0.95 4.73 186.31 0.85 4.87 191.53</u></div>
<div><u>Putnam 0.95 4.73 186.31 0.90 4.92 193.49</u></div>
<div><u>Burford 0.95 4.73 186.31 0.85 4.87 191.53</u></div>
<div><u>Port Perry 0.95 4.73 186.31 0.85 4.87 191.53</u></div>
<div><u>Norfolk 0.95 4.73 186.31 0.85 4.87 191.53</u></div>
<div><u>Palmerston 0.95 4.73 186.31 0.85 4.87 191.53</u></div>
<div><u>Varna 0.95 4.73 186.31 0.90 4.92 193.49</u></div>
<div><u>Trenton 0.95 4.73 186.31 0.90 4.92 193.49</u></div>
<div><u>Winchester 0.95 4.73 186.31 0.90 4.92 193.49</u></div>
<div><u>North Gower 1.15 4.93 194.18 1.12 5.14 202.16</u></div>
<div><u>Huron FOB 1.25 5.03 198.12 0.85 4.87 191.53</u></div>
<div><u>Kent FOB 1.20 4.98 196.15 0.90 4.92 193.49</u></div>
<div><u>Lamb FOB 1.30 5.08 200.09 0.95 4.97 195.46</u></div>
<div><u>Mdsx FOB 1.25 1.25N/A N/A 5.03 198.12 0.95 4.97 195.46</u></div>
<div><u>FOB SW Que 1.60 5.38 211.90N/A</u></div>
<div><u>Track 1.45 5.23 205.99N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 1.39 1.34 1.36 1.00 5.02 197.43</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.00 5.02 197.43</u></div>
<div><u>Aylmer-Eth N/A 1.50 1.50 1.55 1.15 5.17 203.34</u></div>
<div><u>Sarn-Eth 1.30 1.35N/A N/A 5.08 200.09N/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 1.50 1.15 5.17 203.34</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 1.25 5.27 207.27</u></div>
<div><u>W O Feed 1.68 5.46 214.97</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.80 5.58 219.77</u></div>
<div><u>Toledo El. -0.16 3.62 142.65 -0.26 3.75 147.66</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.95 4.73 1/4</u></div>
<div><u>HI SD CRN 0.95 4.73 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 1.325 up 0.0045</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR19 HI 9.12 1/4 NOV19 HI 9.52 3/4</u></div>
<div><u> LOW 9.06 3/4 LOW 9.47 1/2</u></div>
<div><u> CLOSE9.10 1/4 Up 3 1/2 CLOSE 9.52 Up 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 2.00 11.10 407.952.19 11.71 430.27</u></div>
<div><u>CK High 2.10 11.20 411.622.25 11.77 432.47</u></div>
<div><u>CK Average 2.07 -0.6711.17 410.372.24 -0.6211.76 432.03</u></div>
<div><u>Essex Cty 2.00 11.10 407.952.30 11.82 434.31</u></div>
<div><u>Mdsx Low 2.07 11.17 410.522.23 11.75 431.74</u></div>
<div><u>Mdsx High 2.10 11.20 411.622.25 11.77 432.47</u></div>
<div><u>Mdsx Average 2.09 -0.6611.19 411.072.24 -0.6211.76 432.11</u></div>
<div><u>Hensall 2.05 11.15 409.782.23 11.75 431.55</u></div>
<div><u>Bruce 2.05 11.15 409.782.25 11.77 432.47</u></div>
<div><u>Putnam 2.10 11.20 411.622.25 11.77 432.47</u></div>
<div><u>Burford 2.07 11.17 410.522.23 11.75 431.74</u></div>
<div><u>Port Perry 2.03 11.13 409.052.19 11.71 430.27</u></div>
<div><u>Norfolk 2.00 11.10 407.952.25 11.77 432.47</u></div>
<div><u>Palmerston 2.15 11.25 413.462.35 11.87 436.15</u></div>
<div><u>Varna 2.05 11.15 409.782.25 11.77 432.47</u></div>
<div><u>Trenton 2.10 11.20 411.622.25 11.77 432.47</u></div>
<div><u>Winchester 2.07 11.17 410.522.20 11.72 430.64</u></div>
<div><u>North Gower 2.22 11.32 416.032.55 12.07 443.50</u></div>
<div><u>Huron FOB 2.10 11.20 411.622.30 11.82 434.31</u></div>
<div><u>Kent FOB 2.10 11.20 411.622.25 11.77 432.47</u></div>
<div><u>Lambton FOB 2.00 11.10 407.952.40 11.92 437.99</u></div>
<div><u>Middlesex FOB1.99 2.06 2.12 2.30 11.09 407.582.32 11.84 435.05</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.50 N/A N/A N/A 11.60 426.322.70 12.22 449.01</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.35 11.45 420.812.65 12.17 447.17</u></div>
<div><u>Prescott 2.10 11.20 411.622.70 12.22 449.01</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.60 8.51 312.55-0.53 8.99 330.38</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.325 up 0.0045</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAR19 HI 5.23 3/4 JUL19 HI 5.33 1/2</u></div>
<div><u> LOW 5.12 3/4 LOW 5.23 3/4</u></div>
<div><u> CLOSE 5.19 1/2 Up 5 3/4 CLOSE 5.29 1/2 Up 5 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately higher.</u></div>
<div><u>MAR19 HI 5.73 1/4 SEP19 HI 5.92 1/2</u></div>
<div><u> LOW 5.63 1/4 LOW 5.83 1/2</u></div>
<div><u> CLOSE 5.70 Up 6 CLOSE 5.88 Up 4 1/4</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 1.56 1.62 1.42 0.79</u></div>
<div><u>CAD $/bu 6.75 6.82 6.62 6.49</u></div>
<div><u>CAD $/tonne 248.06 250.49 243.19 238.56</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 1.15 N/A</u></div>
<div><u>London 1.46 1.33 1.26 N/A 1.48 1.35 1.22 N/A</u></div>
<div><u>Hensall 1.50 N/A 1.30 N/A 1.55 N/A 1.15 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A</u></div>
<div><u>Bruce 1.50 1.55 1.30 1.10 1.50 1.45 1.20 1.00</u></div>
<div><u>Essex N/A N/A 1.25 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Norwich 1.50 N/A 1.30 N/A 1.55 N/A 1.15 N/A</u></div>
<div><u>Port Hope N/A N/A 1.30 N/A N/A 1.30 1.15 N/A</u></div>
<div><u>Kent Bridge 1.50 N/A 1.30 N/A 1.55 N/A 1.15 N/A</u></div>
<div><u>Chatham N/A N/A 1.25 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Brigden N/A N/A 1.25 N/A N/A N/A 1.20 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 1.50 1.55 1.30 N/A 1.40 1.45 1.20 N/A</u></div>
<div><u>Mitchell 1.50 1.30 1.30 N/A 1.55 1.30 1.15 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.58 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.35 1.20 0.64 N/A 1.38 1.28 0.51</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 1.83 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.15US 6.82CA 5.15US 6.80CA</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 1.50 1.57 1.37 0.77</u></div>
<div><u>CAD $/bu 6.80 6.87 6.67 6.65</u></div>
<div><u>CAD $/tonne 249.83 252.26 244.97 244.25</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 492.30</u></div>
<div><u>DDG's FOB Srn & Aylm 185.00</u></div>
<div><u><br>
</u></div>
<u>
<p class="MsoNormal"><span style="font-size:10.0pt;line-height:115%;font-family:
"Courier New";color:#333333;background:#FDFDFD">Register now for the GFO Grain Marketing Webinar: Intro to Futures, which will be held at noon on February 6, 2019. Here is the
link to the online registration form:</span><span style="mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:
Calibri;color:#212121;background:white"> </span><a href="https://gfo.ca/event/grain-marketing-webinar-intro-to-futures/" target="_blank" id="LPlnk902944" class="OWAAutoLink" previewremoved="true"><span style="mso-ascii-font-family:Calibri;mso-hansi-font-family:
Calibri;mso-bidi-font-family:Calibri;background:white">https://gfo.ca/event/grain-marketing-webinar-intro-to-futures/</span></a><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD">
<o:p></o:p></span></p>
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<a id="LPUrlAnchor_15472426350590.6714191681175534" href="https://gfo.ca/event/grain-marketing-webinar-intro-to-futures/" target="_blank" style="text-decoration: none;">Grain Marketing Webinar: Intro to Futures – Grain Farmers of Ontario - gfo.ca</a></div>
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gfo.ca</div>
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Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 barley, corn, oat, soybean and wheat farmers.</div>
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<br>
<p class="MsoNormal"><span style="font-size:10.0pt;line-height:115%;font-family:
"Courier New";color:#333333;background:#FDFDFD">---<o:p></o:p></span></p>
<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="LPlnk900927" 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="LPlnk638481" 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">519-674-1530</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%;
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"> to
unsubscribe from this report.</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<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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