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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, January 8<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 1.3029 up 0.0023<br>
</u></div>
<div><u>Chicago corn closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.85 1/2 DEC20 HI 4.00 3/4<br>
</u></div>
<div><u> LOW 3.82 1/4 LOW 3.97 1/2<br>
</u></div>
<div><u> CLOSE3.84 1/4 Down 1/4 CLOSE 4.00 3/4 Up 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 5.14 202.45 0.85 4.86 191.23<br>
</u></div>
<div><u>CK High 1.35 5.19 204.42 0.95 4.96 195.17<br>
</u></div>
<div><u>CK Avg 1.33 0.12 5.17 203.44 0.90 -0.24 4.91 193.20<br>
</u></div>
<div><u>Essex Cty 1.35 5.19 204.42 0.90 4.91 193.20<br>
</u></div>
<div><u>Mdsx Low 1.30 5.14 202.45 0.85 4.86 191.23<br>
</u></div>
<div><u>Mdsx High 1.30 5.14 202.45 0.90 4.91 193.20<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.10 5.14 202.45 0.88 -0.26 4.88 192.22<br>
</u></div>
<div><u>Hensall 1.33 5.17 203.44 0.90 4.91 193.20<br>
</u></div>
<div><u>Bruce 1.30 5.14 202.45 0.90 4.91 193.20<br>
</u></div>
<div><u>Putnam 1.30 5.14 202.45 0.85 4.86 191.23<br>
</u></div>
<div><u>Burford 1.30 5.14 202.45 0.90 4.91 193.20<br>
</u></div>
<div><u>Port Perry 1.35 5.19 204.42 0.90 4.91 193.20<br>
</u></div>
<div><u>Norfolk 1.35 5.19 204.42 0.90 4.91 193.20<br>
</u></div>
<div><u>Palmerston 1.29 5.13 202.06 0.88 4.89 192.41<br>
</u></div>
<div><u>Varna 1.30 5.14 202.45 0.90 4.91 193.20<br>
</u></div>
<div><u>Trenton 1.40 5.24 206.39 1.00 5.01 197.14<br>
</u></div>
<div><u>Winchester 1.39 5.23 205.99 1.22 5.23 205.80<br>
</u></div>
<div><u>North Gower 1.35 5.19 204.42 1.30 5.31 208.95<br>
</u></div>
<div><u>Huron FOB 1.47 5.31 209.14 0.92 4.93 193.99<br>
</u></div>
<div><u>Kent FOB 1.48 5.32 209.54 0.90 4.91 193.20<br>
</u></div>
<div><u>Lamb FOB 1.47 5.31 209.14 1.00 5.01 197.14<br>
</u></div>
<div><u>Mdsx FOB 1.40 1.45N/A N/A 5.24 206.39 1.00 5.01 197.14<br>
</u></div>
<div><u>FOB SW Que 2.38 6.22 244.97N/A<br>
</u></div>
<div><u>Track 1.72 5.56 218.79N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.01 5.02 197.53<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.83 1.34 5.35 210.52<br>
</u></div>
<div><u>Aylmer-Eth N/A 1.64N/A N/A 1.15 5.16 203.04<br>
</u></div>
<div><u>Sarn-Eth 1.55 1.60 1.60N/A 5.39 212.29N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A 1.80 1.30 5.31 208.95<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 1.90 1.95 1.40 5.41 212.88<br>
</u></div>
<div><u>W O Feed 1.83 5.68 223.47<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.14 5.98 235.52<br>
</u></div>
<div><u>Toledo El. 0.30 4.14 163.07 -0.26 3.75 147.51<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.44 214.26 1.20 5.21 205.01<br>
</u></div>
<div><u>Prescott 1.80 5.64 222.14 1.45 5.46214 6/7<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.16 3/4<br>
</u></div>
<div><u>HI SD CRN 1.35 5.19 1/4<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 1.3029 up 0.0023<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 9.50 1/2 NOV20 HI 9.77 1/2<br>
</u></div>
<div><u> LOW 9.38 LOW 9.68<br>
</u></div>
<div><u> CLOSE9.47 1/4 Up 3 1/4 CLOSE 9.75 1/2 Up 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 2.15 11.62 427.052.14 11.90 437.07<br>
</u></div>
<div><u>CK High 2.25 11.72 430.732.15 11.91 437.43<br>
</u></div>
<div><u>CK Average 2.22 -0.5011.70 429.752.15 -0.6211.90 437.37<br>
</u></div>
<div><u>Essex Cty 2.20 11.67 428.892.15 11.91 437.43<br>
</u></div>
<div><u>Mdsx Low 2.25 11.72 430.732.12 11.88 436.33<br>
</u></div>
<div><u>Mdsx High 2.25 11.72 430.732.15 11.91 437.43<br>
</u></div>
<div><u>Mdsx Average 2.25 -0.4811.72 430.732.14 -0.6311.89 436.88<br>
</u></div>
<div><u>Hensall 2.23 11.70 429.812.15 11.91 437.43<br>
</u></div>
<div><u>Bruce 2.20 11.67 428.892.15 11.91 437.43<br>
</u></div>
<div><u>Putnam 2.25 11.72 430.732.15 11.91 437.43<br>
</u></div>
<div><u>Burford 2.32 11.79 433.302.19 11.95 438.90<br>
</u></div>
<div><u>Port Perry 2.24 11.71 430.362.11 11.87 435.96<br>
</u></div>
<div><u>Norfolk 2.20 11.67 428.892.15 11.91 437.43<br>
</u></div>
<div><u>Palmerston 2.22 11.69 429.632.16 11.92 437.80<br>
</u></div>
<div><u>Varna 2.20 11.67 428.892.15 11.91 437.43<br>
</u></div>
<div><u>Trenton 2.10 11.57 425.222.10 11.86 435.60<br>
</u></div>
<div><u>Winchester 2.10 11.57 425.222.20 11.96 439.27<br>
</u></div>
<div><u>North Gower 2.12 11.59 425.952.22 11.98 440.01<br>
</u></div>
<div><u>Huron FOB 2.35 11.82 434.402.25 12.01 441.11<br>
</u></div>
<div><u>Kent FOB 2.45 11.92 438.082.15 11.91 437.43<br>
</u></div>
<div><u>Lambton FOB 2.45 11.92 438.082.25 12.01 441.11<br>
</u></div>
<div><u>Middlesex FOB2.44 2.44 N/A N/A 11.91 437.712.25 12.01 441.11<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.84 12.31 452.412.50 12.26 450.29<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.75 12.22 449.102.60 12.36 453.97<br>
</u></div>
<div><u>Prescott N/A 2.25 12.01 441.11<br>
</u></div>
<div><u>Port Colborne2.66 12.13 445.792.66 12.42 456.17<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 9.41 345.66-0.46 9.30 341.68<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3029 up 0.0023<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.55 3/4 JUL20 HI 5.61 3/4<br>
</u></div>
<div><u> LOW 5.45 1/4 LOW 5.51 3/4<br>
</u></div>
<div><u> CLOSE 5.52 3/4 Up 2 1/2 CLOSE 5.58 1/2 Up 2 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.49 SEP20 HI 5.74<br>
</u></div>
<div><u> LOW 5.42 1/4 LOW 5.69 1/4<br>
</u></div>
<div><u> CLOSE 5.47 3/4 Up 1 CLOSE 5.72 1/4 Up 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 2.07 2.26 1.94 1.27<br>
</u></div>
<div><u>CAD $/bu 7.59 7.79 7.46 6.75<br>
</u></div>
<div><u>CAD $/tonne 278.99 286.17 274.20 247.87<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 1.78 2.17 1.78 N/A 1.34 1.60 1.15 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 1.74 1.66 N/A N/A 1.20 1.08<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 1.77 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 2.38<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.11 N/A N/A N/A 1.54 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.07 N/A N/A N/A 1.69 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.68US 7.40CA 5.69US 7.41CA<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 1.50 1.76 1.43 0.95<br>
</u></div>
<div><u>CAD $/bu 7.08 7.34 7.02 6.67<br>
</u></div>
<div><u>CAD $/tonne 260.22 269.79 257.82 245.25<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 452.84<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 215.00 - 220.00<br>
</u></div>
<div><u><br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; 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: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span><span style="color:#333333"> </span></span></span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span><span style="color:#333333;background:#FDFDFD"> </span><span style="background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><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</span></span></p>
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