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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, January 14<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 1.3055 up 0.0008<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.90 1/2 DEC20 HI 4.04 3/4<br>
</u></div>
<div><u> LOW 3.88 1/4 LOW 4.03 1/2<br>
</u></div>
<div><u> CLOSE3.89 Down 1/2 CLOSE 4.04 1/4 Down 1/2<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 5.19 204.32 0.85 4.89 192.61<br>
</u></div>
<div><u>CK High 1.35 5.24 206.29 0.95 4.99 196.55<br>
</u></div>
<div><u>CK Avg 1.33 0.10 5.22 205.31 0.88 -0.27 4.93 193.92<br>
</u></div>
<div><u>Essex Cty 1.35 5.24 206.29 0.85 4.89 192.61<br>
</u></div>
<div><u>Mdsx Low 1.30 5.19 204.32 0.85 4.89 192.61<br>
</u></div>
<div><u>Mdsx High 1.30 5.19 204.32 0.85 4.89 192.61<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.09 5.19 204.32 0.85 -0.29 4.89 192.61<br>
</u></div>
<div><u>Hensall 1.33 5.22 205.31 0.88 4.92 193.59<br>
</u></div>
<div><u>Bruce 1.30 5.19 204.32 0.85 4.89 192.61<br>
</u></div>
<div><u>Putnam 1.30 5.19 204.32 0.85 4.89 192.61<br>
</u></div>
<div><u>Burford 1.30 5.19 204.32 0.85 4.89 192.61<br>
</u></div>
<div><u>Port Perry 1.35 5.24 206.29 0.90 4.94 194.58<br>
</u></div>
<div><u>Norfolk 1.35 5.24 206.29 0.85 4.89 192.61<br>
</u></div>
<div><u>Palmerston 1.32 5.21 205.11 0.91 4.95 194.97<br>
</u></div>
<div><u>Varna 1.30 5.19 204.32 0.85 4.89 192.61<br>
</u></div>
<div><u>Trenton 1.45 5.34 210.23 0.95 4.99 196.55<br>
</u></div>
<div><u>Winchester 1.45 5.34 210.23 1.30 5.34 210.32<br>
</u></div>
<div><u>North Gower 1.40 5.29 208.26 1.30 5.34 210.32<br>
</u></div>
<div><u>Huron FOB 1.49 5.38 211.80 0.87 4.91 193.40<br>
</u></div>
<div><u>Kent FOB 1.48 5.37 211.41 0.85 4.89 192.61<br>
</u></div>
<div><u>Lamb FOB 1.50 5.39 212.19 0.95 4.99 196.55<br>
</u></div>
<div><u>Mdsx FOB 1.45 1.45N/A N/A 5.34 210.23 0.90 4.94 194.58<br>
</u></div>
<div><u>FOB SW Que 2.16 6.05 238.18N/A<br>
</u></div>
<div><u>Track 1.75 5.64 221.84N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.04 5.08 200.09<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.87 1.37 5.41 213.08<br>
</u></div>
<div><u>Aylmer-Eth N/A 1.60N/A N/A 1.05 5.09 200.48<br>
</u></div>
<div><u>Sarn-Eth 1.60 1.60N/A N/A 5.49 216.13N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.30 5.34 210.32<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 5.44 214.26<br>
</u></div>
<div><u>W O Feed 1.85 5.74 225.97<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.17 6.06 238.57<br>
</u></div>
<div><u>Toledo El. 0.30 4.19 164.96 -0.26 3.78 148.87<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.49 216.13 1.15 5.19 204.42<br>
</u></div>
<div><u>Prescott 1.80 5.69 224.01 1.45 5.49216 2/9<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.21 1/2<br>
</u></div>
<div><u>HI SD CRN 1.35 5.24<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 1.3055 up 0.0008<br>
</u></div>
<div><u>Chicago soybeans closed slightly lower to steady.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 9.48 1/2 NOV20 HI 9.73 3/4<br>
</u></div>
<div><u> LOW 9.38 1/2 LOW 9.65 1/4<br>
</u></div>
<div><u> CLOSE9.42 1/4 Unchanged CLOSE 9.69 1/2 Down 1/4<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 2.30 11.72 430.732.20 11.90 437.07<br>
</u></div>
<div><u>CK High 2.30 11.72 430.732.21 11.91 437.43<br>
</u></div>
<div><u>CK Average 2.30 -0.4411.72 430.732.20 -0.5811.90 437.13<br>
</u></div>
<div><u>Essex Cty 2.30 11.72 430.732.20 11.90 437.07<br>
</u></div>
<div><u>Mdsx Low 2.30 11.72 430.732.19 11.89 436.70<br>
</u></div>
<div><u>Mdsx High 2.31 11.73 431.102.20 11.90 437.07<br>
</u></div>
<div><u>Mdsx Average 2.31 -0.4411.73 430.912.20 -0.5811.89 436.88<br>
</u></div>
<div><u>Hensall 2.30 11.72 430.732.20 11.90 437.07<br>
</u></div>
<div><u>Bruce 2.30 11.72 430.732.20 11.90 437.07<br>
</u></div>
<div><u>Putnam 2.30 11.72 430.732.20 11.90 437.07<br>
</u></div>
<div><u>Burford 2.38 11.80 433.672.26 11.96 439.27<br>
</u></div>
<div><u>Port Perry 2.30 11.72 430.732.18 11.88 436.33<br>
</u></div>
<div><u>Norfolk 2.30 11.72 430.732.20 11.90 437.07<br>
</u></div>
<div><u>Palmerston 2.22 11.64 427.792.19 11.89 436.70<br>
</u></div>
<div><u>Varna 2.30 11.72 430.732.20 11.90 437.07<br>
</u></div>
<div><u>Trenton 2.25 11.67 428.892.15 11.85 435.23<br>
</u></div>
<div><u>Winchester 2.20 11.62 427.052.25 11.95 438.90<br>
</u></div>
<div><u>North Gower 2.12 11.54 424.112.22 11.92 437.80<br>
</u></div>
<div><u>Huron FOB 2.50 11.92 438.082.30 12.00 440.74<br>
</u></div>
<div><u>Kent FOB 2.55 11.97 439.912.20 11.90 437.07<br>
</u></div>
<div><u>Lambton FOB 2.40 11.82 434.402.35 12.05 442.58<br>
</u></div>
<div><u>Middlesex FOB2.50 2.50 N/A N/A 11.92 438.082.31 12.01 441.11<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.81 12.23 449.472.50 12.20 448.09<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.85 12.27 450.942.65 12.35 453.60<br>
</u></div>
<div><u>Prescott N/A 2.45 12.15 446.25<br>
</u></div>
<div><u>Port Colborne2.71 12.13 445.792.72 12.42 456.17<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 9.36 343.82-0.46 9.24 339.45<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3055 up 0.0008<br>
</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.<br>
</u></div>
<div><u>MAR20 HI 5.73 JUL20 HI 5.75 3/4<br>
</u></div>
<div><u> LOW 5.59 1/4 LOW 5.64<br>
</u></div>
<div><u> CLOSE 5.68 1/2 Up 6 1/4 CLOSE 5.71 3/4 Up 5<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.60 3/4 SEP20 HI 5.83<br>
</u></div>
<div><u> LOW 5.51 1/2 LOW 5.77<br>
</u></div>
<div><u> CLOSE 5.56 Up 3/4 CLOSE 5.79 Up 1/4<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 2.13 2.32 2.00 1.31<br>
</u></div>
<div><u>CAD $/bu 7.81 8.01 7.68 6.87<br>
</u></div>
<div><u>CAD $/tonne 287.09 294.29 282.29 252.31<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 1.20 N/A<br>
</u></div>
<div><u>London 1.87 2.27 1.87 N/A 1.43 1.69 1.23 N/A<br>
</u></div>
<div><u>Hensall 1.80 N/A 1.80 N/A 1.40 N/A 1.20 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 1.85 2.20 1.85 1.70 1.40 1.60 1.20 1.10<br>
</u></div>
<div><u>Essex N/A N/A 1.80 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Norwich 1.80 N/A 1.80 N/A 1.40 N/A 1.20 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 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 1.80 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.80 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.80 1.69 N/A N/A 1.22 1.11<br>
</u></div>
<div><u>Varna 1.90 2.20 1.80 N/A 1.40 1.60 1.20 N/A<br>
</u></div>
<div><u>Mitchell 1.80 2.15 1.80 N/A 1.40 1.60 1.20 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.94 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 1.65 1.40 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 2.20 N/A N/A N/A 1.63 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.13 N/A N/A N/A 1.87 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.84US 7.62CA 5.82US 7.59CA<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 1.55 1.81 1.48 0.98<br>
</u></div>
<div><u>CAD $/bu 7.27 7.53 7.20 6.77<br>
</u></div>
<div><u>CAD $/tonne 266.96 276.55 264.56 248.86<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 453.06<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 215.00 - 220.00<br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
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<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
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus</span></p>
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<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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