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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, January 15<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 1.3043 down 0.0012<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.90 1/4 DEC20 HI 4.04 3/4<br>
</u></div>
<div><u> LOW 3.86 1/2 LOW 4.02<br>
</u></div>
<div><u> CLOSE3.87 1/2 Down 1 1/2 CLOSE 4.02 1/2 Down 1 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 5.18 203.73 0.85 4.88 191.92<br>
</u></div>
<div><u>CK High 1.35 5.23 205.70 0.95 4.98 195.86<br>
</u></div>
<div><u>CK Avg 1.33 0.11 5.20 204.71 0.88 -0.26 4.91 193.23<br>
</u></div>
<div><u>Essex Cty 1.35 5.23 205.70 0.85 4.88 191.92<br>
</u></div>
<div><u>Mdsx Low 1.30 5.18 203.73 0.85 4.88 191.92<br>
</u></div>
<div><u>Mdsx High 1.30 5.18 203.73 0.85 4.88 191.92<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.09 5.18 203.73 0.85 -0.29 4.88 191.92<br>
</u></div>
<div><u>Hensall 1.33 5.20 204.71 0.88 4.90 192.90<br>
</u></div>
<div><u>Bruce 1.30 5.18 203.73 0.85 4.88 191.92<br>
</u></div>
<div><u>Putnam 1.30 5.18 203.73 0.85 4.88 191.92<br>
</u></div>
<div><u>Burford 1.30 5.18 203.73 0.85 4.88 191.92<br>
</u></div>
<div><u>Port Perry 1.35 5.23 205.70 0.90 4.93 193.89<br>
</u></div>
<div><u>Norfolk 1.35 5.23 205.70 0.85 4.88 191.92<br>
</u></div>
<div><u>Palmerston 1.31 5.19 204.12 0.90 4.93 193.89<br>
</u></div>
<div><u>Varna 1.30 5.18 203.73 0.85 4.88 191.92<br>
</u></div>
<div><u>Trenton 1.45 5.33 209.64 0.95 4.98 195.86<br>
</u></div>
<div><u>Winchester 1.45 5.33 209.64 1.30 5.33 209.64<br>
</u></div>
<div><u>North Gower 1.40 5.28 207.67 1.30 5.33 209.64<br>
</u></div>
<div><u>Huron FOB 1.50 5.38 211.60 0.87 4.90 192.71<br>
</u></div>
<div><u>Kent FOB 1.48 5.36 210.82 0.85 4.88 191.92<br>
</u></div>
<div><u>Lamb FOB 1.50 5.38 211.60 0.95 4.98 195.86<br>
</u></div>
<div><u>Mdsx FOB 1.45 1.45N/A N/A 5.33 209.64 0.90 4.93 193.89<br>
</u></div>
<div><u>FOB SW Que 2.14 6.02 236.80N/A<br>
</u></div>
<div><u>Track 1.74 5.61 220.86N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.05 5.08 199.79<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.87 1.37 5.40 212.39<br>
</u></div>
<div><u>Aylmer-Eth N/A 1.60N/A N/A 1.05 5.08 199.79<br>
</u></div>
<div><u>Sarn-Eth 1.60 1.60N/A N/A 5.48 215.54N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.30 5.33 209.64<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 5.43 213.57<br>
</u></div>
<div><u>W O Feed 1.84 5.72 224.99<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.16 6.04 237.59<br>
</u></div>
<div><u>Toledo El. 0.30 4.17 164.36 -0.26 3.76 148.19<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.48 215.54 1.15 5.18 203.73<br>
</u></div>
<div><u>Prescott 1.80 5.68 223.41 1.45 5.48215 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.20<br>
</u></div>
<div><u>HI SD CRN 1.35 5.22 1/2<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 1.3043 down 0.0012<br>
</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 9.43 1/4 NOV20 HI 9.70 1/4<br>
</u></div>
<div><u> LOW 9.28 1/4 LOW 9.58<br>
</u></div>
<div><u> CLOSE9.28 3/4 Down 13 1/2 CLOSE 9.58 3/4 Down 10 3/4<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 2.28 11.57 425.032.19 11.78 432.75<br>
</u></div>
<div><u>CK High 2.30 11.59 425.772.20 11.79 433.12<br>
</u></div>
<div><u>CK Average 2.30 -0.4111.58 425.652.20 -0.5511.79 433.06<br>
</u></div>
<div><u>Essex Cty 2.30 11.59 425.772.20 11.79 433.12<br>
</u></div>
<div><u>Mdsx Low 2.29 11.58 425.402.17 11.76 432.01<br>
</u></div>
<div><u>Mdsx High 2.30 11.59 425.772.20 11.79 433.12<br>
</u></div>
<div><u>Mdsx Average 2.30 -0.4111.58 425.582.19 -0.5611.77 432.57<br>
</u></div>
<div><u>Hensall 2.30 11.59 425.772.20 11.79 433.12<br>
</u></div>
<div><u>Bruce 2.30 11.59 425.772.20 11.79 433.12<br>
</u></div>
<div><u>Putnam 2.30 11.59 425.772.20 11.79 433.12<br>
</u></div>
<div><u>Burford 2.36 11.65 427.972.24 11.83 434.59<br>
</u></div>
<div><u>Port Perry 2.28 11.57 425.032.16 11.75 431.65<br>
</u></div>
<div><u>Norfolk 2.30 11.59 425.772.20 11.79 433.12<br>
</u></div>
<div><u>Palmerston 2.30 11.59 425.772.13 11.72 430.54<br>
</u></div>
<div><u>Varna 2.30 11.59 425.772.20 11.79 433.12<br>
</u></div>
<div><u>Trenton 2.30 11.59 425.772.20 11.79 433.12<br>
</u></div>
<div><u>Winchester 2.20 11.49 422.092.25 11.84 434.95<br>
</u></div>
<div><u>North Gower 2.12 11.41 419.152.22 11.81 433.85<br>
</u></div>
<div><u>Huron FOB 2.45 11.74 431.282.30 11.89 436.79<br>
</u></div>
<div><u>Kent FOB 2.55 11.84 434.952.20 11.79 433.12<br>
</u></div>
<div><u>Lambton FOB 2.40 11.69 429.442.35 11.94 438.63<br>
</u></div>
<div><u>Middlesex FOB2.48 2.48 N/A N/A 11.77 432.382.30 11.89 436.79<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.76 12.05 442.672.46 12.05 442.67<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.85 12.14 445.982.65 12.24 449.65<br>
</u></div>
<div><u>Prescott N/A 2.45 12.04 442.30<br>
</u></div>
<div><u>Port Colborne2.69 11.98 440.102.71 12.30 451.86<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 9.22 338.86-0.46 9.13 335.51<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3043 down 0.0012<br>
</u></div>
<div><u>Chicago wheat closed mixed.<br>
</u></div>
<div><u>MAR20 HI 5.78 3/4 JUL20 HI 5.79 1/2<br>
</u></div>
<div><u> LOW 5.68 1/4 LOW 5.71 1/2<br>
</u></div>
<div><u> CLOSE 5.73 1/4 Up 4 3/4 CLOSE 5.74 3/4 Up 3<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.63 SEP20 HI 5.85<br>
</u></div>
<div><u> LOW 5.52 LOW 5.75 1/4<br>
</u></div>
<div><u> CLOSE 5.56 1/4 Up 1/4 CLOSE 5.79 1/4 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 2.14 2.33 2.01 1.30<br>
</u></div>
<div><u>CAD $/bu 7.87 8.06 7.74 6.86<br>
</u></div>
<div><u>CAD $/tonne 289.10 296.29 284.31 252.20<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 1.25 N/A<br>
</u></div>
<div><u>London 1.88 2.27 1.88 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 1.25 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 1.90 2.25 1.90 1.75 1.45 1.65 1.25 1.15<br>
</u></div>
<div><u>Essex N/A N/A 1.85 N/A N/A N/A 1.25 N/A<br>
</u></div>
<div><u>Norwich 1.80 N/A 1.80 N/A 1.40 N/A 1.25 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.75 N/A N/A N/A 1.30 N/A<br>
</u></div>
<div><u>Kent Bridge 1.80 N/A 1.80 N/A 1.40 N/A 1.25 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 1.85 N/A N/A N/A 1.25 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.85 N/A N/A N/A 1.25 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.81 1.76 N/A N/A 1.29 1.11<br>
</u></div>
<div><u>Varna 1.95 2.25 1.85 N/A 1.45 1.65 1.25 N/A<br>
</u></div>
<div><u>Mitchell 1.80 2.15 1.80 N/A 1.40 1.60 1.25 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.99 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 2.40<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.21 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 2.14 N/A N/A N/A 1.88 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.88US 7.67CA 5.85US 7.63CA<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 1.49 0.98<br>
</u></div>
<div><u>CAD $/bu 7.30 7.56 7.23 6.77<br>
</u></div>
<div><u>CAD $/tonne 268.22 277.81 265.83 248.82<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 450.96<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 215.00 - 220.00<br>
</u></div>
<u><span></span></u><br>
</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: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>
<br>
<span style="background:#FDFDFD">Click on this link:<span><span style="color:#333333"> </span></span></span><span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
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<br>
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