FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, January 10 (All Bases in CAD) Exchange rate was 1.3056 down 0.0020 Chicago corn closed slightly higher. MAR20 HI 3.86 3/4 DEC20 HI 4.03 LOW 3.76 1/2 LOW 3.95 CLOSE3.85 3/4 Up 2 1/2 CLOSE 4.02 3/4 Up 2 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR20+MAY20+MAY20 CK Low 1.30 5.16 203.04 0.85 4.88 192.02 CK High 1.35 5.21 205.01 0.95 4.98 195.96 CK Avg 1.33 0.11 5.18 204.03 0.90 -0.25 4.93 193.99 Essex Cty 1.35 5.21 205.01 0.90 4.93 193.99 Mdsx Low 1.30 5.16 203.04 0.85 4.88 192.02 Mdsx High 1.30 5.16 203.04 0.90 4.93 193.99 Mdsx Avg 1.30 0.09 5.16 203.04 0.88 -0.27 4.90 193.00 Hensall 1.33 5.18 204.03 0.90 4.93 193.99 Bruce 1.35 5.21 205.01 0.90 4.93 193.99 Putnam 1.30 5.16 203.04 0.85 4.88 192.02 Burford 1.30 5.16 203.04 0.90 4.93 193.99 Port Perry 1.35 5.21 205.01 0.90 4.93 193.99 Norfolk 1.35 5.21 205.01 0.90 4.93 193.99 Palmerston 1.29 5.15 202.65 0.89 4.92 193.59 Varna 1.30 5.16 203.04 0.90 4.93 193.99 Trenton 1.45 5.31 208.95 0.95 4.98 195.96 Winchester 1.45 5.31 208.95 1.25 5.28 207.77 North Gower 1.40 5.26 206.98 1.35 5.38 211.70 Huron FOB 1.49 5.35 210.52 0.92 4.95 194.77 Kent FOB 1.48 5.34 210.13 0.90 4.93 193.99 Lamb FOB 1.47 5.33 209.73 1.00 5.03 197.92 Mdsx FOB 1.45 1.50 1.50N/A 5.31 208.95 0.95 4.98 195.96 FOB SW Que 2.32 6.18 243.20N/A Track 1.73 5.59 219.97N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.03 5.06 199.10 Jhnstwn-Eth N/A N/A N/A N/A 1.36 5.39 212.10 Aylmer-Eth N/A 1.60N/A N/A 1.05 5.08 199.89 Sarn-Eth 1.55 1.60 1.60N/A 5.41 212.88N/A London-Ing N/A N/A N/A N/A 1.30 5.33 209.73 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A 1.90 1.90 1.95 1.40 5.43 213.67 W O Feed 1.85 5.71 224.77 US Rep 2.16 6.02 236.90 Toledo El. 0.30 4.16 163.68 -0.26 3.77 148.29 TRANSFER Pt. Colb 1.60 5.46 214.85 1.15 5.18 203.83 Prescott 1.80 5.66 222.73 1.48 5.51216 5/6 MID SD CRN 1.32 1/2 5.18 1/4 HI SD CRN 1.35 5.20 3/4 *Wet Bid Exchange rate was 1.3056 down 0.0020 Chicago soybeans closed slightly higher. MAR20 HI 9.47 NOV20 HI 9.75 1/2 LOW 9.35 1/2 LOW 9.66 CLOSE9.46 Up 2 1/2 CLOSE 9.74 3/4 Up 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAR2+MAR2+MAY20 CK Low 2.25 11.71 430.272.15 11.90 437.16 CK High 2.30 11.76 432.112.20 11.95 439.00 CK Average 2.27 -0.4811.73 430.942.17 -0.6111.91 437.77 Essex Cty 2.25 11.71 430.272.15 11.90 437.16 Mdsx Low 2.25 11.71 430.272.13 11.88 436.42 Mdsx High 2.27 11.73 431.002.15 11.90 437.16 Mdsx Average 2.26 -0.4811.72 430.642.14 -0.6311.89 436.79 Hensall 2.23 11.69 429.352.15 11.90 437.16 Bruce 2.25 11.71 430.272.15 11.90 437.16 Putnam 2.25 11.71 430.272.15 11.90 437.16 Burford 2.34 11.80 433.582.20 11.95 439.00 Port Perry 2.26 11.72 430.642.12 11.87 436.06 Norfolk 2.25 11.71 430.272.15 11.90 437.16 Palmerston 2.23 11.69 429.532.18 11.93 438.26 Varna 2.30 11.76 432.112.20 11.95 439.00 Trenton 2.25 11.71 430.272.15 11.90 437.16 Winchester 2.30 11.76 432.112.20 11.95 439.00 North Gower 2.17 11.63 427.332.27 12.02 441.57 Huron FOB 2.45 11.91 437.622.30 12.05 442.67 Kent FOB 2.50 11.96 439.452.15 11.90 437.16 Lambton FOB 2.45 11.91 437.622.25 12.00 440.83 Middlesex FOB2.46 2.46 2.52 N/A 11.92 437.992.26 12.01 441.20 PROCESSORS Windsor 2.85 12.31 452.322.50 12.25 450.02 TRANSFER Hamilton 2.75 12.21 448.642.60 12.35 453.69 Prescott N/A 2.26 12.01 441.20 Port Colborne2.67 12.13 445.702.67 12.42 456.27 Toledo El. -0.07 9.39 345.20-0.46 9.29 341.39 Exchange rate was 1.3056 down 0.0020 Chicago wheat closed narrowly mixed. MAR20 HI 5.68 1/2 JUL20 HI 5.72 LOW 5.55 3/4 LOW 5.61 CLOSE 5.64 1/2 Up 2 1/4 CLOSE 5.68 1/4 Up 1 Minni wheat closed moderately higher. MAR20 HI 5.60 SEP20 HI 5.81 3/4 LOW 5.51 LOW 5.73 CLOSE 5.58 1/4 Up 6 1/4 CLOSE 5.81 1/4 Up 6 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.12 2.31 1.99 1.31 CAD $/bu 7.76 7.96 7.63 6.90 CAD $/tonne 285.19 292.39 280.39 253.41 Direct MarkHarvest 2019 Harvest 2020 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A N/A N/A N/A N/A 1.20 N/A London 1.84 2.23 1.84 N/A 1.39 1.65 1.20 N/A Hensall 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A Bruce 1.85 2.20 1.85 1.70 1.40 1.60 1.20 1.10 Essex N/A N/A 1.80 N/A N/A N/A 1.20 N/A Norwich 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A Port Hope N/A N/A 1.75 N/A N/A N/A 1.35 N/A Kent Bridge 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A Chatham N/A N/A 1.80 N/A N/A N/A 1.20 N/A Brigden N/A N/A 1.80 N/A N/A N/A 1.20 N/A Palmerston N/A N/A 1.78 1.69 N/A N/A 1.21 1.10 Varna 1.90 2.20 1.80 N/A 1.40 1.60 1.20 N/A Mitchell 1.80 2.15 1.80 N/A 1.40 1.60 1.20 N/A Thornton N/A N/A N/A 1.84 N/A N/A N/A N/A North Gower N/A 1.70 1.70 0.90 N/A 1.60 1.30 0.87 W O Feed 2.43 TERMINAL Port Colbor N/A N/A 2.17 N/A N/A N/A 1.59 N/A PROCESSORS Toledo FM N/A N/A 2.12 N/A N/A N/A 1.73 N/A Toledo El. 5.80US 7.57CA 5.78US 7.54CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.53 1.79 1.47 0.99 CAD $/bu 7.22 7.48 7.15 6.80 CAD $/tonne 265.14 274.73 262.75 249.81 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 454.71 DDG's FOB Srn & Aylm 215.00 - 220.00