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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, January 22<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 1.3147 up 0.0071<br>
</u></div>
<div><u>Chicago corn closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.91 DEC20 HI 4.03 1/2<br>
</u></div>
<div><u> LOW 3.86 3/4 LOW 3.99 3/4<br>
</u></div>
<div><u> CLOSE3.88 3/4 Up 1 1/4 CLOSE 4.00 3/4 Down 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 5.19 204.22 0.85 4.86 191.23<br>
</u></div>
<div><u>CK High 1.35 5.24 206.19 0.95 4.96 195.17<br>
</u></div>
<div><u>CK Avg 1.33 0.08 5.21 205.21 0.88 -0.29 4.88 192.22<br>
</u></div>
<div><u>Essex Cty 1.35 5.24 206.19 0.85 4.86 191.23<br>
</u></div>
<div><u>Mdsx Low 1.30 5.19 204.22 0.85 4.86 191.23<br>
</u></div>
<div><u>Mdsx High 1.30 5.19 204.22 0.85 4.86 191.23<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.06 5.19 204.22 0.85 -0.31 4.86 191.23<br>
</u></div>
<div><u>Hensall 1.33 5.21 205.21 0.88 4.88 192.22<br>
</u></div>
<div><u>Bruce 1.30 5.19 204.22 0.85 4.86 191.23<br>
</u></div>
<div><u>Putnam 1.30 5.19 204.22 0.85 4.86 191.23<br>
</u></div>
<div><u>Burford 1.30 5.19 204.22 0.85 4.86 191.23<br>
</u></div>
<div><u>Port Perry 1.35 5.24 206.19 0.90 4.91 193.20<br>
</u></div>
<div><u>Norfolk 1.35 5.24 206.19 0.85 4.86 191.23<br>
</u></div>
<div><u>Palmerston 1.36 5.25 206.58 0.93 4.94 194.38<br>
</u></div>
<div><u>Varna 1.30 5.19 204.22 0.85 4.86 191.23<br>
</u></div>
<div><u>Trenton 1.40 5.29 208.16 1.00 5.01 197.14<br>
</u></div>
<div><u>Winchester 1.45 5.34 210.13 1.30 5.31 208.95<br>
</u></div>
<div><u>North Gower 1.40 5.29 208.16 1.30 5.31 208.95<br>
</u></div>
<div><u>Huron FOB 1.50 5.39 212.10 0.87 4.88 192.02<br>
</u></div>
<div><u>Kent FOB 1.48 5.37 211.31 0.85 4.86 191.23<br>
</u></div>
<div><u>Lamb FOB 1.50 5.39 212.10 0.95 4.96 195.17<br>
</u></div>
<div><u>Mdsx FOB 1.45 1.50N/A N/A 5.34 210.13 0.90 4.91 193.20<br>
</u></div>
<div><u>FOB SW Que 2.39 6.28 247.13N/A<br>
</u></div>
<div><u>Track 1.76 5.65 222.33N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.05 5.06 199.10<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.87 1.38 5.39 212.10<br>
</u></div>
<div><u>Aylmer-Eth N/A 1.60N/A N/A 1.05 5.06 199.10<br>
</u></div>
<div><u>Sarn-Eth 1.60 1.60N/A N/A 5.49 216.03N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 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 1.89 5.78 227.61<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.21 6.10 240.05<br>
</u></div>
<div><u>Toledo El. 0.30 4.19 164.95 -0.26 3.74 147.42<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.49 216.03 1.15 5.16 203.04<br>
</u></div>
<div><u>Prescott 1.80 5.69 223.91 1.45 5.46214 6/7<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.21 1/4<br>
</u></div>
<div><u>HI SD CRN 1.35 5.23 3/4<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 1.3147 up 0.0071<br>
</u></div>
<div><u>Chicago soybeans closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 9.22 NOV20 HI 9.56 1/2<br>
</u></div>
<div><u> LOW 9.13 1/4 LOW 9.49 1/4<br>
</u></div>
<div><u> CLOSE9.13 3/4 Down 2 1/4 CLOSE 9.50 1/4 Down 1<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 2.24 11.38 418.052.14 11.64 427.79<br>
</u></div>
<div><u>CK High 2.30 11.44 420.262.20 11.70 429.99<br>
</u></div>
<div><u>CK Average 2.27 -0.4611.41 419.282.17 -0.6211.68 429.01<br>
</u></div>
<div><u>Essex Cty 2.30 11.44 420.262.20 11.70 429.99<br>
</u></div>
<div><u>Mdsx Low 2.25 11.39 418.422.12 11.62 427.05<br>
</u></div>
<div><u>Mdsx High 2.25 11.39 418.422.15 11.65 428.16<br>
</u></div>
<div><u>Mdsx Average 2.25 -0.4811.39 418.422.14 -0.6511.64 427.60<br>
</u></div>
<div><u>Hensall 2.25 11.39 418.422.15 11.65 428.16<br>
</u></div>
<div><u>Bruce 2.25 11.39 418.422.15 11.65 428.16<br>
</u></div>
<div><u>Putnam 2.25 11.39 418.422.15 11.65 428.16<br>
</u></div>
<div><u>Burford 2.32 11.46 420.992.19 11.69 429.63<br>
</u></div>
<div><u>Port Perry 2.24 11.38 418.052.11 11.61 426.69<br>
</u></div>
<div><u>Norfolk 2.30 11.44 420.262.20 11.70 429.99<br>
</u></div>
<div><u>Palmerston 2.35 11.49 422.092.20 11.70 429.99<br>
</u></div>
<div><u>Varna 2.25 11.39 418.422.15 11.65 428.16<br>
</u></div>
<div><u>Trenton 2.25 11.39 418.422.15 11.65 428.16<br>
</u></div>
<div><u>Winchester 2.25 11.39 418.422.25 11.75 431.83<br>
</u></div>
<div><u>North Gower 2.12 11.26 413.642.22 11.72 430.73<br>
</u></div>
<div><u>Huron FOB 2.40 11.54 423.932.25 11.75 431.83<br>
</u></div>
<div><u>Kent FOB 2.55 11.69 429.442.20 11.70 429.99<br>
</u></div>
<div><u>Lambton FOB 2.40 11.54 423.932.30 11.80 433.67<br>
</u></div>
<div><u>Middlesex FOB2.40 2.40 N/A N/A 11.54 423.932.23 11.73 431.10<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.74 11.88 436.422.53 12.03 442.12<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.75 11.89 436.792.60 12.10 444.69<br>
</u></div>
<div><u>Prescott N/A 2.45 11.95 439.18<br>
</u></div>
<div><u>Port Colborne2.61 11.75 431.652.64 12.14 446.16<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 9.07 333.33-0.46 9.04 332.25<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3147 up 0.0071<br>
</u></div>
<div><u>Chicago wheat closed slightly lower.<br>
</u></div>
<div><u>MAR20 HI 5.92 1/2 JUL20 HI 5.89<br>
</u></div>
<div><u> LOW 5.74 1/2 LOW 5.74 1/4<br>
</u></div>
<div><u> CLOSE 5.77 3/4 Down 3 3/4 CLOSE 5.76 3/4 Down 3 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.<br>
</u></div>
<div><u>MAR20 HI 5.67 3/4 SEP20 HI 5.90<br>
</u></div>
<div><u> LOW 5.53 3/4 LOW 5.78 3/4<br>
</u></div>
<div><u> CLOSE 5.55 1/2 Down 6 3/4 CLOSE 5.80 Down 4 3/4<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 2.21 2.41 2.08 1.35<br>
</u></div>
<div><u>CAD $/bu 7.99 8.19 7.86 6.91<br>
</u></div>
<div><u>CAD $/tonne 293.58 300.82 288.75 253.85<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 1.92 2.31 1.92 N/A 1.45 1.71 1.25 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 1.80 1.45 1.65 1.25 1.20<br>
</u></div>
<div><u>Essex N/A N/A 1.80 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 1.80 N/A N/A N/A 1.25 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.80 N/A N/A N/A 1.25 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.89 1.81 N/A N/A 1.36 1.17<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 2.08 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 1.70 1.45 0.87<br>
</u></div>
<div><u>W O Feed 2.52<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.25 N/A N/A N/A 1.65 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.21 N/A N/A N/A 1.95 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.93US 7.79CA 5.87US 7.72CA<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 1.62 1.88 1.55 1.04<br>
</u></div>
<div><u>CAD $/bu 7.39 7.65 7.32 6.84<br>
</u></div>
<div><u>CAD $/tonne 271.41 281.07 268.99 251.24<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 443.03<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 215.00 - 225.00<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<u><span></span></u>
<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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