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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 4</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3116 up 0.0046</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR19 HI 3.79 3/4 DEC19 HI 4.03 1/2</u></div>
<div><u> LOW 3.76 1/2 LOW 4.00 3/4</u></div>
<div><u> CLOSE3.79 1/4 Up 1 CLOSE 4.02 1/2 Up 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 +MAY19+MAY19+JUL19</u></div>
<div><u>CK Low 0.95 4.74 186.70 0.85 4.88 191.92</u></div>
<div><u>CK High 1.00 4.79 188.67 0.90 4.93 193.89</u></div>
<div><u>CK Avg 0.96 -0.17 4.75 187.10 0.86 -0.29 4.89 192.31</u></div>
<div><u>Essex Cty 1.00 4.79 188.67 0.85 4.88 191.92</u></div>
<div><u>Mdsx Low 0.95 4.74 186.70 0.85 4.88 191.92</u></div>
<div><u>Mdsx High 0.95 4.74 186.70 0.85 4.88 191.92</u></div>
<div><u>Mdsx Avg 0.95 -0.18 4.74 186.70 0.85 -0.30 4.88 191.92</u></div>
<div><u>Hensall 0.98 4.77 187.69 0.85 4.88 191.92</u></div>
<div><u>Bruce 0.95 4.74 186.70 0.85 4.88 191.92</u></div>
<div><u>Putnam 0.95 4.74 186.70 0.85 4.88 191.92</u></div>
<div><u>Burford 0.95 4.74 186.70 0.85 4.88 191.92</u></div>
<div><u>Port Perry 0.95 4.74 186.70 0.85 4.88 191.92</u></div>
<div><u>Norfolk 1.00 4.79 188.67 0.85 4.88 191.92</u></div>
<div><u>Palmerston 0.95 4.74 186.70 0.85 4.88 191.92</u></div>
<div><u>Varna 1.00 4.79 188.67 0.85 4.88 191.92</u></div>
<div><u>Trenton 0.95 4.74 186.70 0.85 4.88 191.92</u></div>
<div><u>Winchester 1.10 4.89 192.61 1.15 5.18 203.73</u></div>
<div><u>North Gower 1.12 4.91 193.40 1.10 5.13 201.76</u></div>
<div><u>Huron FOB 1.30 5.09 200.48 0.95 4.98 195.86</u></div>
<div><u>Kent FOB 1.25 5.04 198.51 0.90 4.93 193.89</u></div>
<div><u>Lamb FOB 1.30 5.09 200.48 0.90 4.93 193.89</u></div>
<div><u>Mdsx FOB 1.25 1.25N/A N/A 5.04 198.51 0.95 4.98 195.86</u></div>
<div><u>FOB SW Que 1.67 5.46 215.05N/A</u></div>
<div><u>Track 1.50 5.29 208.36N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.49 1.47 1.08 5.11 200.97</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.15 5.18 203.73</u></div>
<div><u>Aylmer-Eth 1.48 1.45 1.48 1.47 5.27 207.57 1.10 5.13 201.76</u></div>
<div><u>Sarn-Eth 1.40 1.35 1.40N/A 5.19 204.42N/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 1.55 1.53 1.15 5.18 203.73</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 5.28 207.67</u></div>
<div><u>W O Feed 1.61 5.40 212.77</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.74 5.53 217.80</u></div>
<div><u>Toledo El. -0.12 3.67 144.66 -0.26 3.76 148.15</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.97 1/2 4.76 3/4</u></div>
<div><u>HI SD CRN 1.00 4.79 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 1.3116 up 0.0046</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR19 HI 9.23 3/4 NOV19 HI 9.62 1/2</u></div>
<div><u> LOW 9.15 1/2 LOW 9.55 1/4</u></div>
<div><u> CLOSE9.18 1/2 Up 3/4 CLOSE 9.58 Up 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+MAY1+MAY19</u></div>
<div><u>CK Low 1.99 11.18 410.612.09 11.67 428.80</u></div>
<div><u>CK High 2.05 11.24 412.822.20 11.78 432.84</u></div>
<div><u>CK Average 2.03 -0.6411.21 412.012.15 -0.6211.73 430.93</u></div>
<div><u>Essex Cty 2.00 11.19 410.982.15 11.73 431.00</u></div>
<div><u>Mdsx Low 2.00 11.19 410.982.13 11.71 430.27</u></div>
<div><u>Mdsx High 2.03 11.22 412.082.15 11.73 431.00</u></div>
<div><u>Mdsx Average 2.02 -0.6511.20 411.532.14 -0.6211.72 430.64</u></div>
<div><u>Hensall 2.00 11.19 410.982.13 11.71 430.09</u></div>
<div><u>Bruce 2.05 11.24 412.822.15 11.73 431.00</u></div>
<div><u>Putnam 2.00 11.19 410.982.15 11.73 431.00</u></div>
<div><u>Burford 2.03 11.22 412.082.13 11.71 430.27</u></div>
<div><u>Port Perry 1.99 11.18 410.612.09 11.67 428.80</u></div>
<div><u>Norfolk 2.00 11.19 410.982.15 11.73 431.00</u></div>
<div><u>Palmerston 2.05 11.24 412.822.25 11.83 434.68</u></div>
<div><u>Varna 2.00 11.19 410.982.10 11.68 429.17</u></div>
<div><u>Trenton 2.00 11.19 410.982.15 11.73 431.00</u></div>
<div><u>Winchester 1.95 11.14 409.142.11 11.69 429.53</u></div>
<div><u>North Gower 2.00 11.19 410.982.15 11.73 431.00</u></div>
<div><u>Huron FOB 2.10 11.29 414.652.20 11.78 432.84</u></div>
<div><u>Kent FOB 2.30 11.49 422.002.15 11.73 431.00</u></div>
<div><u>Lambton FOB 2.10 11.29 414.652.30 11.88 436.52</u></div>
<div><u>Middlesex FOB1.99 2.06 2.17 2.24 11.18 410.612.24 11.82 434.31</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.68 N/A N/A N/A 11.87 435.962.54 12.12 445.33</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.40 11.59 425.682.60 12.18 447.54</u></div>
<div><u>Prescott N/A 2.35 11.93 438.35</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.59 8.59 315.80-0.65 8.93 327.96</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3116 up 0.0046</u></div>
<div><u>Chicago wheat closed narrowly mixed.</u></div>
<div><u>MAR19 HI 5.29 JUL19 HI 5.34 1/2</u></div>
<div><u> LOW 5.21 1/4 LOW 5.28</u></div>
<div><u> CLOSE 5.25 3/4 Up 1 1/2 CLOSE 5.33 1/4 Up 1 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAR19 HI 5.76 3/4 SEP19 HI 5.92 1/4</u></div>
<div><u> LOW 5.70 1/2 LOW 5.88 1/2</u></div>
<div><u> CLOSE 5.74 3/4 Down 3/4 CLOSE 5.90 3/4 Down 1</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 1.51 1.57 1.38 0.74</u></div>
<div><u>CAD $/bu 6.76 6.83 6.63 6.49</u></div>
<div><u>CAD $/tonne 248.55 250.96 243.73 238.43</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 1.25 N/A N/A N/A 1.15 N/A</u></div>
<div><u>London 1.42 1.29 1.22 N/A 1.41 1.28 1.15 N/A</u></div>
<div><u>Hensall 1.45 N/A 1.25 N/A 1.50 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 1.45 1.55 1.25 N/A 1.45 1.45 1.15 1.00</u></div>
<div><u>Essex N/A N/A 1.20 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Norwich 1.45 N/A 1.25 N/A 1.50 N/A 1.15 N/A</u></div>
<div><u>Port Hope N/A N/A 1.25 N/A N/A 1.30 1.15 N/A</u></div>
<div><u>Kent Bridge 1.45 N/A 1.25 N/A 1.50 N/A 1.15 N/A</u></div>
<div><u>Chatham N/A N/A 1.20 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Brigden N/A N/A 1.20 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Palmerston N/A 1.60 1.25 1.10 N/A 1.50 1.15 1.00</u></div>
<div><u>Varna 1.45 1.55 1.25 N/A 1.45 1.45 1.15 N/A</u></div>
<div><u>Mitchell 1.45 1.25 1.25 N/A 1.50 1.30 1.15 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.75 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.40 1.20 0.60 N/A 1.47 1.27 0.60</u></div>
<div><u>W O Feed 1.80</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 1.83 N/A N/A N/A 1.78 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.21US 6.83CA 5.18US 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 1.45 1.52 1.32 0.71</u></div>
<div><u>CAD $/bu 6.78 6.85 6.65 6.62</u></div>
<div><u>CAD $/tonne 249.21 251.62 244.41 243.20</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 483.48</u></div>
<div><u>DDG's FOB Srn & Aylm 170.00 - 180.00</u></div>
<div><u><br>
</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);">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="color: rgb(33, 33, 33); background: white;"> </span><a href="https://gfo.ca/event/grain-marketing-webinar-intro-to-futures/" target="_blank" style="" id="LPlnk741500" 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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">
<o:p></o:p></span></p>
<br>
<p class="MsoNormal" style=""><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" 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="" id="LPlnk173806" class="OWAAutoLink" previewremoved="true"><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="" id="LPlnk240797" class="OWAAutoLink" previewremoved="true"><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%;
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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>
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