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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, January 28<br>
</u></span>
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.3169 down 0.0012<br>
</u></div>
<div><u>Chicago corn closed slightly to moderately higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.87 DEC20 HI 3.97 3/4<br>
</u></div>
<div><u> LOW 3.78 1/2 LOW 3.93 3/4<br>
</u></div>
<div><u> CLOSE3.86 1/2 Up 6 CLOSE 3.97 1/2 Up 2 1/4<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 5.17 203.34 0.85 4.83 189.95<br>
</u></div>
<div><u>CK High 1.35 5.22 205.31 0.95 4.93 193.89<br>
</u></div>
<div><u>CK Avg 1.33 0.08 5.20 204.65 0.88 -0.29 4.85 190.94<br>
</u></div>
<div><u>Essex Cty 1.35 5.22 205.31 0.85 4.83 189.95<br>
</u></div>
<div><u>Mdsx Low 1.30 5.17 203.34 0.85 4.83 189.95<br>
</u></div>
<div><u>Mdsx High 1.35 5.22 205.31 0.85 4.83 189.95<br>
</u></div>
<div><u>Mdsx Avg 1.33 0.08 5.19 204.32 0.85 -0.31 4.83 189.95<br>
</u></div>
<div><u>Hensall 1.35 5.22 205.31 0.88 4.85 190.94<br>
</u></div>
<div><u>Bruce 1.35 5.22 205.31 0.85 4.83 189.95<br>
</u></div>
<div><u>Putnam 1.30 5.17 203.34 0.85 4.83 189.95<br>
</u></div>
<div><u>Burford 1.35 5.22 205.31 0.85 4.83 189.95<br>
</u></div>
<div><u>Port Perry 1.35 5.22 205.31 0.95 4.93 193.89<br>
</u></div>
<div><u>Norfolk 1.35 5.22 205.31 0.85 4.83 189.95<br>
</u></div>
<div><u>Palmerston 1.36 5.23 205.70 0.93 4.91 193.10<br>
</u></div>
<div><u>Varna 1.35 5.22 205.31 0.85 4.83 189.95<br>
</u></div>
<div><u>Trenton 1.45 5.32 209.24 1.00 4.98 195.86<br>
</u></div>
<div><u>Winchester 1.40 5.27 207.27 1.30 5.28 207.67<br>
</u></div>
<div><u>North Gower 1.43 5.30 208.45 1.35 5.33 209.64<br>
</u></div>
<div><u>Huron FOB 1.55 5.42 213.18 0.87 4.85 190.74<br>
</u></div>
<div><u>Kent FOB 1.53 5.40 212.39 0.85 4.83 189.95<br>
</u></div>
<div><u>Lamb FOB 1.55 5.42 213.18 1.00 4.98 195.86<br>
</u></div>
<div><u>Mdsx FOB 1.45 1.50N/A N/A 5.32 209.24 0.90 4.88 191.92<br>
</u></div>
<div><u>FOB SW Que 2.33 6.20 243.89N/A<br>
</u></div>
<div><u>Track 1.78 5.64 222.04N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.03 5.01 197.04<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.87 1.36 5.34 210.03<br>
</u></div>
<div><u>Aylmer-Eth N/A 1.60N/A N/A 1.05 5.03 197.83<br>
</u></div>
<div><u>Sarn-Eth 1.60 1.60N/A N/A 5.47 215.15N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.30 5.28 207.67<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 5.38 211.60<br>
</u></div>
<div><u>W O Feed 1.91 5.78 227.35<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.21 6.08 239.16<br>
</u></div>
<div><u>Toledo El. 0.30 4.17 164.08 -0.26 3.71 146.12<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.47 215.15 1.15 5.13 201.76<br>
</u></div>
<div><u>Prescott 1.85 5.72 224.99 1.40 5.38211 3/5<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.19<br>
</u></div>
<div><u>HI SD CRN 1.35 5.21 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 1.3169 down 0.0012<br>
</u></div>
<div><u>Chicago soybeans closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 8.98 NOV20 HI 9.34 1/4<br>
</u></div>
<div><u> LOW 8.88 1/2 LOW 9.25<br>
</u></div>
<div><u> CLOSE8.95 Down 2 1/4 CLOSE 9.30 1/2 Down 3<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 11.20 411.532.15 11.46 420.90<br>
</u></div>
<div><u>CK High 2.30 11.25 413.372.20 11.51 422.74<br>
</u></div>
<div><u>CK Average 2.28 -0.4211.23 412.692.18 -0.5811.49 422.12<br>
</u></div>
<div><u>Essex Cty 2.30 11.25 413.372.20 11.51 422.74<br>
</u></div>
<div><u>Mdsx Low 2.25 11.20 411.532.15 11.46 420.90<br>
</u></div>
<div><u>Mdsx High 2.30 11.25 413.372.18 11.49 422.00<br>
</u></div>
<div><u>Mdsx Average 2.28 -0.4311.23 412.452.17 -0.5911.47 421.45<br>
</u></div>
<div><u>Hensall 2.28 11.23 412.452.18 11.48 421.82<br>
</u></div>
<div><u>Bruce 2.25 11.20 411.532.15 11.46 420.90<br>
</u></div>
<div><u>Putnam 2.25 11.20 411.532.15 11.46 420.90<br>
</u></div>
<div><u>Burford 2.36 11.31 415.572.24 11.55 424.21<br>
</u></div>
<div><u>Port Perry 2.28 11.23 412.632.16 11.47 421.27<br>
</u></div>
<div><u>Norfolk 2.30 11.25 413.372.20 11.51 422.74<br>
</u></div>
<div><u>Palmerston 2.32 11.27 414.102.17 11.48 421.63<br>
</u></div>
<div><u>Varna 2.30 11.25 413.372.20 11.51 422.74<br>
</u></div>
<div><u>Trenton 2.25 11.20 411.532.20 11.51 422.74<br>
</u></div>
<div><u>Winchester 2.30 11.25 413.372.30 11.61 426.41<br>
</u></div>
<div><u>North Gower 2.26 11.21 411.902.28 11.59 425.68<br>
</u></div>
<div><u>Huron FOB 2.45 11.40 418.882.30 11.61 426.41<br>
</u></div>
<div><u>Kent FOB 2.50 11.45 420.722.20 11.51 422.74<br>
</u></div>
<div><u>Lambton FOB 2.40 11.35 417.042.35 11.66 428.25<br>
</u></div>
<div><u>Middlesex FOB2.45 2.45 N/A N/A 11.40 418.882.28 11.59 425.68<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.70 11.65 428.062.49 11.80 433.39<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.80 11.75 431.742.65 11.96 439.27<br>
</u></div>
<div><u>Prescott N/A 2.50 11.81 433.76<br>
</u></div>
<div><u>Port Colborne2.66 11.61 426.592.68 11.99 440.37<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 8.95 328.86-0.40 8.91 327.39<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3169 down 0.0012<br>
</u></div>
<div><u>Chicago wheat closed slightly lower.<br>
</u></div>
<div><u>MAR20 HI 5.76 1/2 JUL20 HI 5.73 1/2<br>
</u></div>
<div><u> LOW 5.65 1/2 LOW 5.63 1/2<br>
</u></div>
<div><u> CLOSE 5.69 3/4 Down 2 1/2 CLOSE 5.67 1/4 Down 3 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.<br>
</u></div>
<div><u>MAR20 HI 5.49 1/4 SEP20 HI 5.73 1/4<br>
</u></div>
<div><u> LOW 5.40 3/4 LOW 5.67 1/2<br>
</u></div>
<div><u> CLOSE 5.42 1/4 Down 5 CLOSE 5.68 3/4 Down 4 1/2<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 2.07 2.27 2.07 1.32<br>
</u></div>
<div><u>CAD $/bu 7.77 7.96 7.77 6.75<br>
</u></div>
<div><u>CAD $/tonne 285.37 292.63 285.37 247.87<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 1.93 2.33 1.93 N/A 1.46 1.73 1.27 N/A<br>
</u></div>
<div><u>Hensall 1.85 N/A 1.85 N/A 1.45 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 1.85 2.10 1.85 1.80 1.45 1.65 1.20 1.20<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 1.85 N/A 1.85 N/A 1.45 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 1.85 N/A 1.85 N/A 1.45 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 1.89 1.80 N/A N/A 1.36 1.15<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 1.85 2.20 1.85 N/A 1.45 1.60 1.25 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 2.17 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.90 1.75 0.95 N/A 1.81 1.56 0.95<br>
</u></div>
<div><u>W O Feed 2.50<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.27 N/A N/A N/A 1.66 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.20 N/A N/A N/A 1.93 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.85US 7.70CA 5.77US 7.60CA<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 1.60 1.86 1.53 1.01<br>
</u></div>
<div><u>CAD $/bu 7.27 7.54 7.21 6.70<br>
</u></div>
<div><u>CAD $/tonne 267.19 276.87 264.77 246.14<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 442.70<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 215.00 - 235.00<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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<div><u>
<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>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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