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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, January 17<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 1.3067 up 0.0018<br>
</u></div>
<div><u>Chicago corn closed higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.89 1/2 DEC20 HI 4.03<br>
</u></div>
<div><u> LOW 3.76 3/4 LOW 3.95 1/2<br>
</u></div>
<div><u> CLOSE3.89 1/4 Up 13 3/4 CLOSE 4.02 3/4 Up 8 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 5.19 204.42 0.85 4.88 192.02<br>
</u></div>
<div><u>CK High 1.35 5.24 206.39 0.95 4.98 195.96<br>
</u></div>
<div><u>CK Avg 1.33 0.10 5.22 205.40 0.88 -0.27 4.90 193.00<br>
</u></div>
<div><u>Essex Cty 1.35 5.24 206.39 0.85 4.88 192.02<br>
</u></div>
<div><u>Mdsx Low 1.30 5.19 204.42 0.85 4.88 192.02<br>
</u></div>
<div><u>Mdsx High 1.30 5.19 204.42 0.85 4.88 192.02<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.08 5.19 204.42 0.85 -0.29 4.88 192.02<br>
</u></div>
<div><u>Hensall 1.33 5.22 205.40 0.88 4.90 193.00<br>
</u></div>
<div><u>Bruce 1.30 5.19 204.42 0.85 4.88 192.02<br>
</u></div>
<div><u>Putnam 1.30 5.19 204.42 0.85 4.88 192.02<br>
</u></div>
<div><u>Burford 1.30 5.19 204.42 0.85 4.88 192.02<br>
</u></div>
<div><u>Port Perry 1.35 5.24 206.39 0.90 4.93 193.99<br>
</u></div>
<div><u>Norfolk 1.35 5.24 206.39 0.85 4.88 192.02<br>
</u></div>
<div><u>Palmerston 1.32 5.21 205.21 0.90 4.93 193.99<br>
</u></div>
<div><u>Varna 1.30 5.19 204.42 0.85 4.88 192.02<br>
</u></div>
<div><u>Trenton 1.45 5.34 210.32 1.00 5.03 197.92<br>
</u></div>
<div><u>Winchester 1.45 5.34 210.32 1.30 5.33 209.73<br>
</u></div>
<div><u>North Gower 1.40 5.29 208.36 1.30 5.33 209.73<br>
</u></div>
<div><u>Huron FOB 1.50 5.39 212.29 0.87 4.90 192.81<br>
</u></div>
<div><u>Kent FOB 1.48 5.37 211.51 0.85 4.88 192.02<br>
</u></div>
<div><u>Lamb FOB 1.50 5.39 212.29 0.95 4.98 195.96<br>
</u></div>
<div><u>Mdsx FOB 1.45 1.45N/A N/A 5.34 210.32 0.90 4.93 193.99<br>
</u></div>
<div><u>FOB SW Que 2.56 6.45 254.02N/A<br>
</u></div>
<div><u>Track 1.75 5.64 221.94N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.03 5.06 199.10<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.84 1.35 5.38 211.70<br>
</u></div>
<div><u>Aylmer-Eth N/A 1.60N/A N/A 1.05 5.08 199.89<br>
</u></div>
<div><u>Sarn-Eth 1.60 1.60N/A N/A 5.49 216.23N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.30 5.33 209.73<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 5.43 213.67<br>
</u></div>
<div><u>W O Feed 1.85 5.74 226.07<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.17 6.06 238.67<br>
</u></div>
<div><u>Toledo El. 0.30 4.19 165.07 -0.26 3.77 148.27<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.49 216.23 1.15 5.18 203.83<br>
</u></div>
<div><u>Prescott 1.80 5.69 224.10 1.45 5.48215 2/3<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.21 3/4<br>
</u></div>
<div><u>HI SD CRN 1.35 5.24 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 1.3067 up 0.0018<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 9.33 1/2 NOV20 HI 9.64<br>
</u></div>
<div><u> LOW 9.20 LOW 9.53 1/2<br>
</u></div>
<div><u> CLOSE9.29 3/4 Up 5 3/4 CLOSE 9.60 1/2 Up 4 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 2.25 11.55 424.302.14 11.75 431.55<br>
</u></div>
<div><u>CK High 2.30 11.60 426.142.20 11.81 433.76<br>
</u></div>
<div><u>CK Average 2.27 -0.4511.57 424.972.17 -0.5911.77 432.47<br>
</u></div>
<div><u>Essex Cty 2.25 11.55 424.302.15 11.76 431.92<br>
</u></div>
<div><u>Mdsx Low 2.25 11.55 424.302.12 11.73 430.82<br>
</u></div>
<div><u>Mdsx High 2.27 11.57 425.032.15 11.76 431.92<br>
</u></div>
<div><u>Mdsx Average 2.26 -0.4511.56 424.672.14 -0.6211.74 431.37<br>
</u></div>
<div><u>Hensall 2.25 11.55 424.302.15 11.76 431.92<br>
</u></div>
<div><u>Bruce 2.25 11.55 424.302.15 11.76 431.92<br>
</u></div>
<div><u>Putnam 2.25 11.55 424.302.15 11.76 431.92<br>
</u></div>
<div><u>Burford 2.34 11.64 427.602.19 11.80 433.39<br>
</u></div>
<div><u>Port Perry 2.26 11.56 424.672.11 11.72 430.45<br>
</u></div>
<div><u>Norfolk 2.25 11.55 424.302.15 11.76 431.92<br>
</u></div>
<div><u>Palmerston 2.33 11.63 427.242.15 11.76 431.92<br>
</u></div>
<div><u>Varna 2.25 11.55 424.302.15 11.76 431.92<br>
</u></div>
<div><u>Trenton 2.30 11.60 426.142.20 11.81 433.76<br>
</u></div>
<div><u>Winchester 2.25 11.55 424.302.28 11.89 436.70<br>
</u></div>
<div><u>North Gower 2.12 11.42 419.522.22 11.83 434.49<br>
</u></div>
<div><u>Huron FOB 2.40 11.70 429.812.25 11.86 435.60<br>
</u></div>
<div><u>Kent FOB 2.50 11.80 433.482.15 11.76 431.92<br>
</u></div>
<div><u>Lambton FOB 2.45 11.75 431.652.30 11.91 437.43<br>
</u></div>
<div><u>Middlesex FOB2.42 2.42 N/A N/A 11.72 430.542.23 11.84 434.86<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.79 12.09 444.142.49 12.10 444.42<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.80 12.10 444.512.60 12.21 448.46<br>
</u></div>
<div><u>Prescott N/A 2.45 12.06 442.95<br>
</u></div>
<div><u>Port Colborne2.63 11.93 438.262.64 12.25 449.93<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 9.23 339.22-0.46 9.15 336.12<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3067 up 0.0018<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.72 1/2 JUL20 HI 5.73 1/4<br>
</u></div>
<div><u> LOW 5.64 1/4 LOW 5.66 1/4<br>
</u></div>
<div><u> CLOSE 5.70 1/2 Up 5 1/4 CLOSE 5.70 1/2 Up 3 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.<br>
</u></div>
<div><u>MAR20 HI 5.61 1/2 SEP20 HI 5.83 1/2<br>
</u></div>
<div><u> LOW 5.48 3/4 LOW 5.74 1/2<br>
</u></div>
<div><u> CLOSE 5.60 Up 9 3/4 CLOSE 5.83 Up 8<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 2.34 2.01 1.33<br>
</u></div>
<div><u>CAD $/bu 7.85 8.04 7.72 6.93<br>
</u></div>
<div><u>CAD $/tonne 288.31 295.51 283.51 254.46<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 1.85 2.24 1.85 N/A 1.40 1.66 1.20 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 2.20 1.90 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 1.25 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 1.80 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 1.82 1.78 N/A N/A 1.29 1.13<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 1.25 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.91 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 2.43<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.18 N/A N/A N/A 1.60 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. 5.86US 7.65CA 5.81US 7.58CA<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 1.00<br>
</u></div>
<div><u>CAD $/bu 7.26 7.52 7.19 6.83<br>
</u></div>
<div><u>CAD $/tonne 266.62 276.22 264.22 251.02<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 440.49<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""><br>
</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"">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
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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
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