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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, February 7<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 1.33 up 0.0011<br>
</u></div>
<div><u>Chicago corn closed slightly to moderately higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.85 DEC20 HI 3.94<br>
</u></div>
<div><u> LOW 3.80 LOW 3.89 3/4<br>
</u></div>
<div><u> CLOSE3.83 1/2 Up 4 1/4 CLOSE 3.94 Up 4 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 +MAY20+MAY20+JUL20<br>
</u></div>
<div><u>CK Low 1.40 5.24 206.09 0.90 4.84 190.54<br>
</u></div>
<div><u>CK High 1.40 5.24 206.09 0.90 4.84 190.54<br>
</u></div>
<div><u>CK Avg 1.40 0.10 5.24 206.09 0.90 -0.30 4.84 190.54<br>
</u></div>
<div><u>Essex Cty 1.40 5.24 206.09 0.90 4.84 190.54<br>
</u></div>
<div><u>Mdsx Low 1.40 5.24 206.09 0.90 4.84 190.54<br>
</u></div>
<div><u>Mdsx High 1.40 5.24 206.09 0.90 4.84 190.54<br>
</u></div>
<div><u>Mdsx Avg 1.40 0.10 5.24 206.09 0.90 -0.30 4.84 190.54<br>
</u></div>
<div><u>Hensall 1.43 5.26 207.08 0.93 4.87 191.53<br>
</u></div>
<div><u>Bruce 1.40 5.24 206.09 0.90 4.84 190.54<br>
</u></div>
<div><u>Putnam 1.40 5.24 206.09 0.90 4.84 190.54<br>
</u></div>
<div><u>Burford 1.40 5.24 206.09 0.90 4.84 190.54<br>
</u></div>
<div><u>Port Perry 1.40 5.24 206.09 0.95 4.89 192.51<br>
</u></div>
<div><u>Norfolk 1.40 5.24 206.09 0.90 4.84 190.54<br>
</u></div>
<div><u>Palmerston 1.40 5.24 206.09 0.97 4.91 193.30<br>
</u></div>
<div><u>Varna 1.40 5.24 206.09 0.90 4.84 190.54<br>
</u></div>
<div><u>Trenton 1.45 5.29 208.06 1.00 4.94 194.48<br>
</u></div>
<div><u>Winchester 1.40 5.24 206.09 1.30 5.24 206.29<br>
</u></div>
<div><u>North Gower 1.45 5.29 208.06 1.38 5.32 209.44<br>
</u></div>
<div><u>Huron FOB 1.65 5.49 215.93 0.97 4.91 193.30<br>
</u></div>
<div><u>Kent FOB 1.63 5.47 215.15 0.90 4.84 190.54<br>
</u></div>
<div><u>Lamb FOB 1.65 5.49 215.93 1.00 4.94 194.48<br>
</u></div>
<div><u>Mdsx FOB 1.65 1.65N/A N/A 5.49 215.93 0.95 4.89 192.51<br>
</u></div>
<div><u>FOB SW Que 2.21 6.05 237.98N/A<br>
</u></div>
<div><u>Track 1.84 5.67 223.22N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.16 5.10 200.78<br>
</u></div>
<div><u>Jhnstwn-Eth N/A 2.08 2.15 2.18 1.43 5.37 211.41<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Sarn-Eth 1.60 1.75 1.75 1.75 5.44 213.97N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A 1.90 1.30 5.24 206.29<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 2.05 2.10N/A 1.40 5.34 210.23<br>
</u></div>
<div><u>W O Feed 1.98 5.82 229.01<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.27 6.11 240.34<br>
</u></div>
<div><u>Toledo El. 0.31 4.14 163.02 -0.27 3.67 144.64<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.44 213.97 1.15 5.09 200.38<br>
</u></div>
<div><u>Prescott 1.94 5.78 227.35 1.40 5.34210 2/9<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.40 5.23 1/2<br>
</u></div>
<div><u>HI SD CRN 1.40 5.23 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 1.33 up 0.0011<br>
</u></div>
<div><u>Chicago soybeans closed mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 8.84 3/4 NOV20 HI 9.23 1/4<br>
</u></div>
<div><u> LOW 8.76 1/4 LOW 9.15 1/4<br>
</u></div>
<div><u> CLOSE8.82 Up 1 CLOSE 9.18 1/2 Down 1 1/2<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+MAY2+MAY20<br>
</u></div>
<div><u>CK Low 2.45 11.27 414.102.25 11.44 420.16<br>
</u></div>
<div><u>CK High 2.45 11.27 414.102.25 11.44 420.16<br>
</u></div>
<div><u>CK Average 2.45 -0.3511.27 414.102.25 -0.5911.44 420.16<br>
</u></div>
<div><u>Essex Cty 2.45 11.27 414.102.25 11.44 420.16<br>
</u></div>
<div><u>Mdsx Low 2.45 11.27 414.102.23 11.42 419.43<br>
</u></div>
<div><u>Mdsx High 2.46 11.28 414.472.25 11.44 420.16<br>
</u></div>
<div><u>Mdsx Average 2.46 -0.3411.28 414.292.24 -0.6011.43 419.80<br>
</u></div>
<div><u>Hensall 2.45 11.27 414.102.25 11.44 420.16<br>
</u></div>
<div><u>Bruce 2.45 11.27 414.102.25 11.44 420.16<br>
</u></div>
<div><u>Putnam 2.45 11.27 414.102.25 11.44 420.16<br>
</u></div>
<div><u>Burford 2.53 11.35 417.042.30 11.49 422.00<br>
</u></div>
<div><u>Port Perry 2.45 11.27 414.102.22 11.41 419.06<br>
</u></div>
<div><u>Norfolk 2.45 11.27 414.102.25 11.44 420.16<br>
</u></div>
<div><u>Palmerston 2.38 11.20 411.532.24 11.43 419.80<br>
</u></div>
<div><u>Varna 2.45 11.27 414.102.25 11.44 420.16<br>
</u></div>
<div><u>Trenton 2.40 11.22 412.262.25 11.44 420.16<br>
</u></div>
<div><u>Winchester 2.45 11.27 414.102.33 11.52 423.10<br>
</u></div>
<div><u>North Gower 2.39 11.21 411.902.33 11.52 423.10<br>
</u></div>
<div><u>Huron FOB 2.60 11.42 419.612.35 11.54 423.84<br>
</u></div>
<div><u>Kent FOB 2.65 11.47 421.452.25 11.44 420.16<br>
</u></div>
<div><u>Lambton FOB 2.60 11.42 419.612.40 11.59 425.68<br>
</u></div>
<div><u>Middlesex FOB2.65 2.65 2.55 N/A 11.47 421.452.36 11.55 424.21<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.98 11.80 433.582.57 11.76 431.92<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.00 11.82 434.312.70 11.89 436.70<br>
</u></div>
<div><u>Prescott N/A 2.60 11.79 433.02<br>
</u></div>
<div><u>Port Colborne2.72 11.54 424.022.77 11.96 439.27<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 8.82 324.08-0.40 8.79 322.83<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.33 up 0.0011<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.63 JUL20 HI 5.59 1/4<br>
</u></div>
<div><u> LOW 5.53 1/4 LOW 5.50 3/4<br>
</u></div>
<div><u> CLOSE 5.58 3/4 Up 2 1/2 CLOSE 5.57 Up 3 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.37 1/2 SEP20 HI 5.64 1/4<br>
</u></div>
<div><u> LOW 5.31 1/2 LOW 5.59 3/4<br>
</u></div>
<div><u> CLOSE 5.35 3/4 Up 3 1/4 CLOSE 5.62 3/4 Up 2 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 2.11 2.31 2.11 1.37<br>
</u></div>
<div><u>CAD $/bu 7.70 7.90 7.70 6.73<br>
</u></div>
<div><u>CAD $/tonne 282.82 290.15 282.82 247.15<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 1.30 N/A<br>
</u></div>
<div><u>London 1.97 2.37 1.90 N/A 1.49 1.76 1.29 N/A<br>
</u></div>
<div><u>Hensall 1.90 N/A 1.90 N/A 1.50 N/A 1.30 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 2.15 1.90 1.85 1.50 1.70 1.30 1.25<br>
</u></div>
<div><u>Essex N/A N/A 1.90 N/A N/A N/A 1.30 N/A<br>
</u></div>
<div><u>Norwich 1.90 N/A 1.90 N/A 1.50 N/A 1.30 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.80 N/A N/A N/A 1.30 N/A<br>
</u></div>
<div><u>Kent Bridge 1.90 N/A 1.90 N/A 1.50 N/A 1.30 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 1.90 N/A N/A N/A 1.30 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.90 N/A N/A N/A 1.30 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.91 1.83 N/A N/A 1.32 1.26<br>
</u></div>
<div><u>Varna 1.95 2.15 1.90 N/A 1.50 1.70 1.30 N/A<br>
</u></div>
<div><u>Mitchell 1.90 2.15 1.90 N/A 1.50 1.65 1.30 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 2.14 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 2.00 1.85 1.00 N/A 1.86 1.61 0.95<br>
</u></div>
<div><u>W O Feed 2.53<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.30 N/A N/A N/A 1.69 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.24 N/A N/A N/A 1.97 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.74US 7.63CA 5.67US 7.54CA<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 1.64 1.91 1.64 1.06<br>
</u></div>
<div><u>CAD $/bu 7.21 7.48 7.21 6.69<br>
</u></div>
<div><u>CAD $/tonne 264.90 274.67 264.90 245.72<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 432.44<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 230.00 - 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><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<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;">
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