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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, January 6<br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.2964 down 0.0030<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.87 3/4 DEC20 HI 4.02<br>
</u></div>
<div><u> LOW 3.82 3/4 LOW 3.98 1/4<br>
</u></div>
<div><u> CLOSE3.84 3/4 Down 1 3/4 CLOSE 4.00 Down 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS<br>
</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +MAR20+MAY20+MAY20<br>
</u></div>
<div><u>CK Low 1.30 5.15 202.65 0.90 4.90 192.90<br>
</u></div>
<div><u>CK High 1.35 5.20 204.62 0.95 4.95 194.87<br>
</u></div>
<div><u>CK Avg 1.31 0.13 5.16 202.98 0.92 -0.21 4.92 193.56<br>
</u></div>
<div><u>Essex Cty 1.30 5.15 202.65 0.90 4.90 192.90<br>
</u></div>
<div><u>Mdsx Low 1.30 5.15 202.65 0.90 4.90 192.90<br>
</u></div>
<div><u>Mdsx High 1.30 5.15 202.65 0.90 4.90 192.90<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.12 5.15 202.65 0.90 -0.22 4.90 192.90<br>
</u></div>
<div><u>Hensall 1.33 5.17 203.63 0.93 4.93 193.89<br>
</u></div>
<div><u>Bruce 1.30 5.15 202.65 0.90 4.90 192.90<br>
</u></div>
<div><u>Putnam 1.30 5.15 202.65 0.90 4.90 192.90<br>
</u></div>
<div><u>Burford 1.30 5.15 202.65 0.90 4.90 192.90<br>
</u></div>
<div><u>Port Perry 1.35 5.20 204.62 0.90 4.90 192.90<br>
</u></div>
<div><u>Norfolk 1.30 5.15 202.65 0.90 4.90 192.90<br>
</u></div>
<div><u>Palmerston 1.21 5.06 199.10 0.86 4.86 191.33<br>
</u></div>
<div><u>Varna 1.30 5.15 202.65 0.90 4.90 192.90<br>
</u></div>
<div><u>Trenton 1.40 5.25 206.58 1.00 5.00 196.84<br>
</u></div>
<div><u>Winchester 1.39 5.24 206.19 1.22 5.22 205.50<br>
</u></div>
<div><u>North Gower 1.35 5.20 204.62 1.30 5.30 208.65<br>
</u></div>
<div><u>Huron FOB 1.47 5.32 209.34 0.92 4.92 193.69<br>
</u></div>
<div><u>Kent FOB 1.43 5.28 207.77 0.95 4.95 194.87<br>
</u></div>
<div><u>Lamb FOB 1.47 5.32 209.34 1.00 5.00 196.84<br>
</u></div>
<div><u>Mdsx FOB 1.40 1.45N/A N/A 5.25 206.58 1.00 5.00 196.84<br>
</u></div>
<div><u>FOB SW Que 2.09 5.94 233.75N/A<br>
</u></div>
<div><u>Track 1.71 5.55 218.59N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.02 5.02 197.63<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.85 1.35 5.35 210.62<br>
</u></div>
<div><u>Aylmer-Eth N/A 1.64N/A N/A 1.15 5.15 202.75<br>
</u></div>
<div><u>Sarn-Eth 1.55 1.60 1.60N/A 5.40 212.49N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A 1.85 1.30 5.30 208.65<br>
</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Cardnl-Ing N/A 1.90 1.91 1.94 1.40 5.40 212.59<br>
</u></div>
<div><u>W O Feed 1.79 5.64 221.86<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.11 5.96 234.54<br>
</u></div>
<div><u>Toledo El. 0.30 4.15 163.21 -0.26 3.74 147.27<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.45 214.46 1.20 5.20 204.71<br>
</u></div>
<div><u>Prescott 1.80 5.65 222.33 1.45 5.45214 5/9<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.17 1/4<br>
</u></div>
<div><u>HI SD CRN 1.35 5.19 3/4<br>
</u></div>
<div><u>*Wet Bid<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2964 down 0.0030<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 9.48 NOV20 HI 9.75 3/4<br>
</u></div>
<div><u> LOW 9.38 1/4 LOW 9.68 3/4<br>
</u></div>
<div><u> CLOSE9.44 3/4 Up 3 1/4 CLOSE 9.74 Up 2 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP<br>
</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +MAR2+MAR2+MAY20<br>
</u></div>
<div><u>CK Low 2.10 11.55 424.302.10 11.84 435.05<br>
</u></div>
<div><u>CK High 2.15 11.60 426.142.15 11.89 436.88<br>
</u></div>
<div><u>CK Average 2.13 -0.5211.58 425.342.12 -0.5911.86 435.90<br>
</u></div>
<div><u>Essex Cty 2.15 11.60 426.142.10 11.84 435.05<br>
</u></div>
<div><u>Mdsx Low 2.10 11.55 424.302.10 11.84 435.05<br>
</u></div>
<div><u>Mdsx High 2.13 11.58 425.402.12 11.86 435.78<br>
</u></div>
<div><u>Mdsx Average 2.12 -0.5311.56 424.852.11 -0.6011.85 435.41<br>
</u></div>
<div><u>Hensall 2.13 11.57 425.222.08 11.82 434.13<br>
</u></div>
<div><u>Bruce 2.15 11.60 426.142.05 11.79 433.21<br>
</u></div>
<div><u>Putnam 2.10 11.55 424.302.10 11.84 435.05<br>
</u></div>
<div><u>Burford 2.20 11.65 427.972.19 11.93 438.35<br>
</u></div>
<div><u>Port Perry 2.12 11.57 425.032.11 11.85 435.41<br>
</u></div>
<div><u>Norfolk 2.15 11.60 426.142.10 11.84 435.05<br>
</u></div>
<div><u>Palmerston 2.15 11.60 426.142.10 11.84 435.05<br>
</u></div>
<div><u>Varna 2.15 11.60 426.142.05 11.79 433.21<br>
</u></div>
<div><u>Trenton 2.10 11.55 424.302.10 11.84 435.05<br>
</u></div>
<div><u>Winchester 2.10 11.55 424.302.20 11.94 438.72<br>
</u></div>
<div><u>North Gower 2.12 11.57 425.032.22 11.96 439.45<br>
</u></div>
<div><u>Huron FOB 2.30 11.75 431.652.15 11.89 436.88<br>
</u></div>
<div><u>Kent FOB 2.40 11.85 435.322.10 11.84 435.05<br>
</u></div>
<div><u>Lambton FOB 2.35 11.80 433.482.20 11.94 438.72<br>
</u></div>
<div><u>Middlesex FOB2.32 2.32 N/A N/A 11.77 432.382.14 11.88 436.52<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.65 12.10 444.512.37 12.11 444.97<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.75 12.20 448.182.60 12.34 453.42<br>
</u></div>
<div><u>Prescott N/A 2.26 12.00 440.92<br>
</u></div>
<div><u>Port Colborne2.61 12.06 443.042.55 12.29 451.58<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.06 9.38 344.75-0.45 9.29 341.22<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2964 down 0.0030<br>
</u></div>
<div><u>Chicago wheat closed slightly lower.<br>
</u></div>
<div><u>MAR20 HI 5.55 1/4 JUL20 HI 5.60 3/4<br>
</u></div>
<div><u> LOW 5.46 3/4 LOW 5.53 1/2<br>
</u></div>
<div><u> CLOSE 5.50 Down 4 1/2 CLOSE 5.57 Down 3 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed narrowly mixed.<br>
</u></div>
<div><u>MAR20 HI 5.50 1/2 SEP20 HI 5.75 3/4<br>
</u></div>
<div><u> LOW 5.43 1/4 LOW 5.70 1/4<br>
</u></div>
<div><u> CLOSE 5.48 Up 1/2 CLOSE 5.73 Down 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 2.02 2.21 1.89 1.24<br>
</u></div>
<div><u>CAD $/bu 7.52 7.71 7.39 6.72<br>
</u></div>
<div><u>CAD $/tonne 276.29 283.43 271.52 246.75<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2019 Harvest 2020<br>
</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS<br>
</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<br>
</u></div>
<div><u>ELEVATORS<br>
</u></div>
<div><u>Brgssvll N/A N/A N/A N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>London 1.76 2.15 1.76 N/A 1.32 1.58 1.13 N/A<br>
</u></div>
<div><u>Hensall 1.75 N/A 1.75 N/A 1.35 N/A 1.15 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A<br>
</u></div>
<div><u>Bruce 1.80 2.15 1.80 1.65 1.35 1.55 1.15 1.05<br>
</u></div>
<div><u>Essex N/A N/A 1.80 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Norwich 1.75 N/A 1.75 N/A 1.35 N/A 1.15 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.75 N/A N/A N/A 1.35 N/A<br>
</u></div>
<div><u>Kent Bridge 1.75 N/A 1.75 N/A 1.35 N/A 1.15 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 1.80 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.80 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.70 1.62 N/A N/A 1.16 1.05<br>
</u></div>
<div><u>Varna 1.85 2.15 1.75 N/A 1.35 1.55 1.15 N/A<br>
</u></div>
<div><u>Mitchell 1.75 2.10 1.75 N/A 1.35 1.55 1.15 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.73 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.70 1.70 0.90 N/A 1.62 1.32 0.87<br>
</u></div>
<div><u>W O Feed 2.33<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.09 N/A N/A N/A 1.52 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.02 N/A N/A N/A 1.65 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.65US 7.32CA 5.67US 7.35CA<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 1.45 1.71 1.39 0.92<br>
</u></div>
<div><u>CAD $/bu 7.02 7.28 6.96 6.65<br>
</u></div>
<div><u>CAD $/tonne 258.12 267.64 255.74 244.31<br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures<br>
</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange<br>
</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS<br>
</u></div>
<div><u>FOB Hm Soymeal 466.18<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 215.00 - 220.00<br>
</u></div>
<u><span></span><br>
</u></div>
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<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<div style="margin-top: 0px; margin-bottom: 0px;">
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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