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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 5</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3129 up 0.0013</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR19 HI 3.81 1/4 DEC19 HI 4.04</u></div>
<div><u> LOW 3.77 LOW 4.00 3/4</u></div>
<div><u> CLOSE3.80 3/4 Up 1 1/2 CLOSE 4.03 1/2 Up 1</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 4.76 187.29 0.85 4.89 192.31</u></div>
<div><u>CK High 1.00 4.81 189.26 0.90 4.94 194.28</u></div>
<div><u>CK Avg 0.98 -0.16 4.79 188.48 0.86 -0.30 4.90 192.71</u></div>
<div><u>Essex Cty 1.00 4.81 189.26 0.85 4.89 192.31</u></div>
<div><u>Mdsx Low 0.95 4.76 187.29 0.85 4.89 192.31</u></div>
<div><u>Mdsx High 1.00 4.81 189.26 0.85 4.89 192.31</u></div>
<div><u>Mdsx Avg 0.98 -0.16 4.78 188.28 0.85 -0.31 4.89 192.31</u></div>
<div><u>Hensall 1.00 4.81 189.26 0.85 4.89 192.31</u></div>
<div><u>Bruce 1.00 4.81 189.26 0.85 4.89 192.31</u></div>
<div><u>Putnam 1.00 4.81 189.26 0.85 4.89 192.31</u></div>
<div><u>Burford 0.95 4.76 187.29 0.85 4.89 192.31</u></div>
<div><u>Port Perry 0.95 4.76 187.29 0.85 4.89 192.31</u></div>
<div><u>Norfolk 1.00 4.81 189.26 0.85 4.89 192.31</u></div>
<div><u>Palmerston 0.95 4.76 187.29 0.85 4.89 192.31</u></div>
<div><u>Varna 1.00 4.81 189.26 0.85 4.89 192.31</u></div>
<div><u>Trenton 0.95 4.76 187.29 0.85 4.89 192.31</u></div>
<div><u>Winchester 1.10 4.91 193.20 1.15 5.19 204.12</u></div>
<div><u>North Gower 1.10 4.91 193.20 1.13 5.17 203.34</u></div>
<div><u>Huron FOB 1.30 5.11 201.07 0.95 4.99 196.25</u></div>
<div><u>Kent FOB 1.25 5.06 199.10 0.90 4.94 194.28</u></div>
<div><u>Lamb FOB 1.30 5.11 201.07 0.90 4.94 194.28</u></div>
<div><u>Mdsx FOB 1.25 1.25N/A N/A 5.06 199.10 0.95 4.99 196.25</u></div>
<div><u>FOB SW Que 1.77 5.58 219.58 1.12 5.16 202.94</u></div>
<div><u>Track 1.50 5.31 208.95N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.49 1.47 1.08 5.12 201.37</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.15 5.19 204.12</u></div>
<div><u>Aylmer-Eth 1.48 1.45 1.48 1.47 5.29 208.16 1.10 5.14 202.16</u></div>
<div><u>Sarn-Eth 1.40 1.35 1.40N/A 5.21 205.01N/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 5.19 204.12</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 5.29 208.06</u></div>
<div><u>W O Feed 1.62 5.43 213.75</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.74 5.55 218.40</u></div>
<div><u>Toledo El. -0.12 3.69 145.24 -0.26 3.77 148.54</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.97 1/2 4.78 1/4</u></div>
<div><u>HI SD CRN 1.00 4.80 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3129 up 0.0013</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR19 HI 9.21 NOV19 HI 9.61</u></div>
<div><u> LOW 9.13 1/2 LOW 9.53 3/4</u></div>
<div><u> CLOSE9.20 1/4 Up 1 3/4 CLOSE 9.60 1/2 Up 2 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+MAY19</u></div>
<div><u>CK Low 1.98 11.18 410.892.07 11.68 428.98</u></div>
<div><u>CK High 2.05 11.25 413.462.20 11.81 433.76</u></div>
<div><u>CK Average 2.03 -0.6511.23 412.582.14 -0.6411.75 431.70</u></div>
<div><u>Essex Cty 2.00 11.20 411.622.15 11.76 431.92</u></div>
<div><u>Mdsx Low 2.00 11.20 411.622.11 11.72 430.45</u></div>
<div><u>Mdsx High 2.02 11.22 412.362.15 11.76 431.92</u></div>
<div><u>Mdsx Average 2.01 -0.6611.21 411.992.13 -0.6511.74 431.19</u></div>
<div><u>Hensall 2.00 11.20 411.622.13 11.73 431.00</u></div>
<div><u>Bruce 2.00 11.20 411.622.10 11.71 430.09</u></div>
<div><u>Putnam 2.00 11.20 411.622.15 11.76 431.92</u></div>
<div><u>Burford 2.02 11.22 412.362.11 11.72 430.45</u></div>
<div><u>Port Perry 1.98 11.18 410.892.07 11.68 428.98</u></div>
<div><u>Norfolk 2.00 11.20 411.622.15 11.76 431.92</u></div>
<div><u>Palmerston 2.00 11.20 411.622.25 11.86 435.60</u></div>
<div><u>Varna 2.00 11.20 411.622.10 11.71 430.09</u></div>
<div><u>Trenton 2.00 11.20 411.622.15 11.76 431.92</u></div>
<div><u>Winchester 1.95 11.15 409.782.15 11.76 431.92</u></div>
<div><u>North Gower 1.90 11.10 407.952.18 11.79 433.02</u></div>
<div><u>Huron FOB 2.10 11.30 415.302.20 11.81 433.76</u></div>
<div><u>Kent FOB 2.30 11.50 422.642.15 11.76 431.92</u></div>
<div><u>Lambton FOB 2.10 11.30 415.302.30 11.91 437.43</u></div>
<div><u>Middlesex FOB1.99 2.05 2.16 2.23 11.19 411.252.23 11.84 434.86</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.69 N/A N/A N/A 11.89 436.972.56 12.17 446.99</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.40 11.60 426.322.60 12.21 448.46</u></div>
<div><u>Prescott N/A 2.55 12.16 446.62</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.59 8.61 316.43-0.65 8.95 328.86</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3129 up 0.0013</u></div>
<div><u>Chicago wheat closed mixed.</u></div>
<div><u>MAR19 HI 5.28 1/4 JUL19 HI 5.32 1/4</u></div>
<div><u> LOW 5.20 1/2 LOW 5.27 1/2</u></div>
<div><u> CLOSE 5.27 1/4 Up 1 1/2 CLOSE 5.30 3/4 Down 2 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed narrowly mixed.</u></div>
<div><u>MAR19 HI 5.75 1/2 SEP19 HI 5.90 1/4</u></div>
<div><u> LOW 5.69 LOW 5.89</u></div>
<div><u> CLOSE 5.75 Up 1/4 CLOSE 5.90 Down 3/4</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 1.52 1.58 1.39 0.75</u></div>
<div><u>CAD $/bu 6.79 6.86 6.66 6.50</u></div>
<div><u>CAD $/tonne 249.52 251.93 244.69 238.78</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 1.48 1.22 N/A 1.41 1.48 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 N/A N/A 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 0.76 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.40 1.20 0.60 N/A 1.46 1.26 0.60</u></div>
<div><u>W O Feed 1.78</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 1.85 N/A N/A N/A 1.78 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.22US 6.86CA 5.16US 6.76CA</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 1.51 1.32 0.72</u></div>
<div><u>CAD $/bu 6.76 6.82 6.62 6.62</u></div>
<div><u>CAD $/tonne 248.24 250.65 243.43 243.06</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 482.27</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="LPlnk118018" 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="LPlnk458722" 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="LPlnk176227" 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%;
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>
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