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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, February 12<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 1.3256 down 0.0037<br>
</u></div>
<div><u>Chicago corn closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.83 3/4 DEC20 HI 3.93 3/4<br>
</u></div>
<div><u> LOW 3.78 1/4 LOW 3.91<br>
</u></div>
<div><u> CLOSE3.83 Up 3 1/4 CLOSE 3.93 Up 1<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 5.23 205.90 0.90 4.83 190.15<br>
</u></div>
<div><u>CK High 1.40 5.23 205.90 0.90 4.83 190.15<br>
</u></div>
<div><u>CK Avg 1.40 0.12 5.23 205.90 0.90 -0.28 4.83 190.15<br>
</u></div>
<div><u>Essex Cty 1.40 5.23 205.90 0.90 4.83 190.15<br>
</u></div>
<div><u>Mdsx Low 1.40 5.23 205.90 0.90 4.83 190.15<br>
</u></div>
<div><u>Mdsx High 1.40 5.23 205.90 0.90 4.83 190.15<br>
</u></div>
<div><u>Mdsx Avg 1.40 0.12 5.23 205.90 0.90 -0.28 4.83 190.15<br>
</u></div>
<div><u>Hensall 1.43 5.26 206.88 0.93 4.86 191.13<br>
</u></div>
<div><u>Bruce 1.40 5.23 205.90 0.90 4.83 190.15<br>
</u></div>
<div><u>Putnam 1.40 5.23 205.90 0.90 4.83 190.15<br>
</u></div>
<div><u>Burford 1.40 5.23 205.90 0.90 4.83 190.15<br>
</u></div>
<div><u>Port Perry 1.40 5.23 205.90 0.95 4.88 192.12<br>
</u></div>
<div><u>Norfolk 1.40 5.23 205.90 0.90 4.83 190.15<br>
</u></div>
<div><u>Palmerston 1.40 5.23 205.90 0.94 4.87 191.72<br>
</u></div>
<div><u>Varna 1.40 5.23 205.90 0.90 4.83 190.15<br>
</u></div>
<div><u>Trenton 1.45 5.28 207.86 1.00 4.93 194.09<br>
</u></div>
<div><u>Winchester 1.40 5.23 205.90 1.30 5.23 205.90<br>
</u></div>
<div><u>North Gower 1.45 5.28 207.86 1.38 5.31 209.05<br>
</u></div>
<div><u>Huron FOB 1.65 5.48 215.74 0.97 4.90 192.90<br>
</u></div>
<div><u>Kent FOB 1.63 5.46 214.95 0.90 4.83 190.15<br>
</u></div>
<div><u>Lamb FOB 1.65 5.48 215.74 1.00 4.93 194.09<br>
</u></div>
<div><u>Mdsx FOB 1.65 1.65N/A N/A 5.48 215.74 0.95 4.88 192.12<br>
</u></div>
<div><u>FOB SW Que 2.04 5.87 231.09N/A<br>
</u></div>
<div><u>Track 1.79 5.62 221.05N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.16 5.09 200.38<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.42 5.35 210.62<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 5.43 213.77N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A 1.90 1.30 5.23 205.90<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 N/A N/A N/A 1.40 5.33 209.83<br>
</u></div>
<div><u>W O Feed 1.93 5.76 226.76<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.24 6.07 238.97<br>
</u></div>
<div><u>Toledo El. 0.30 4.13 162.78 -0.26 3.67 144.29<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.43 213.77 1.15 5.08 199.99<br>
</u></div>
<div><u>Prescott 1.94 5.77 227.15 1.40 5.33209 5/6<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.40 5.23<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 1.3256 down 0.0037<br>
</u></div>
<div><u>Chicago soybeans closed mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 8.93 NOV20 HI 9.22 1/2<br>
</u></div>
<div><u> LOW 8.81 1/2 LOW 9.16<br>
</u></div>
<div><u> CLOSE8.92 1/2 Up 7 3/4 CLOSE 9.21 1/4 Up 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 2.42 11.35 416.862.25 11.46 421.17<br>
</u></div>
<div><u>CK High 2.45 11.38 417.962.29 11.50 422.64<br>
</u></div>
<div><u>CK Average 2.45 -0.3511.37 417.782.26 -0.5511.47 421.42<br>
</u></div>
<div><u>Essex Cty 2.45 11.38 417.962.25 11.46 421.17<br>
</u></div>
<div><u>Mdsx Low 2.43 11.36 417.222.25 11.46 421.17<br>
</u></div>
<div><u>Mdsx High 2.45 11.38 417.962.27 11.48 421.91<br>
</u></div>
<div><u>Mdsx Average 2.44 -0.3511.37 417.592.26 -0.5511.47 421.54<br>
</u></div>
<div><u>Hensall 2.45 11.38 417.962.25 11.46 421.17<br>
</u></div>
<div><u>Bruce 2.45 11.38 417.962.25 11.46 421.17<br>
</u></div>
<div><u>Putnam 2.45 11.38 417.962.25 11.46 421.17<br>
</u></div>
<div><u>Burford 2.50 11.43 419.802.34 11.55 424.48<br>
</u></div>
<div><u>Port Perry 2.42 11.35 416.862.26 11.47 421.54<br>
</u></div>
<div><u>Norfolk 2.45 11.38 417.962.30 11.51 423.01<br>
</u></div>
<div><u>Palmerston 2.50 11.43 419.802.32 11.53 423.75<br>
</u></div>
<div><u>Varna 2.45 11.38 417.962.25 11.46 421.17<br>
</u></div>
<div><u>Trenton 2.45 11.38 417.962.25 11.46 421.17<br>
</u></div>
<div><u>Winchester 2.45 11.38 417.962.32 11.53 423.75<br>
</u></div>
<div><u>North Gower 2.39 11.32 415.762.33 11.54 424.11<br>
</u></div>
<div><u>Huron FOB 2.60 11.53 423.472.35 11.56 424.85<br>
</u></div>
<div><u>Kent FOB 2.65 11.58 425.312.25 11.46 421.17<br>
</u></div>
<div><u>Lambton FOB 2.65 11.58 425.312.45 11.66 428.52<br>
</u></div>
<div><u>Middlesex FOB2.62 2.62 N/A N/A 11.55 424.212.32 11.53 423.75<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.97 11.90 437.072.53 11.74 431.46<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.00 11.93 438.172.75 11.96 439.55<br>
</u></div>
<div><u>Prescott N/A 2.60 11.81 434.04<br>
</u></div>
<div><u>Port Colborne2.69 11.62 426.782.73 11.94 438.81<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.13 9.06 332.81-0.40 8.82 323.90<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3256 down 0.0037<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.49 JUL20 HI 5.49 3/4<br>
</u></div>
<div><u> LOW 5.38 1/4 LOW 5.41 1/2<br>
</u></div>
<div><u> CLOSE 5.47 1/2 Up 5 1/2 CLOSE 5.49 Up 4 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower to steady.<br>
</u></div>
<div><u>MAR20 HI 5.32 3/4 SEP20 HI 5.58 1/2<br>
</u></div>
<div><u> LOW 5.28 LOW 5.55 1/4<br>
</u></div>
<div><u> CLOSE 5.31 1/4 Unchanged CLOSE 5.57 3/4 Down 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 2.05 2.25 2.05 1.33<br>
</u></div>
<div><u>CAD $/bu 7.52 7.72 7.52 6.64<br>
</u></div>
<div><u>CAD $/tonne 276.41 283.71 276.41 244.14<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 1.90 2.30 1.83 N/A 1.44 1.71 1.24 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 1.85 N/A N/A N/A 1.25 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 1.85 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 1.84 1.78 N/A N/A 1.26 1.21<br>
</u></div>
<div><u>Varna 1.95 2.10 1.85 N/A 1.45 1.65 1.25 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 2.00 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 2.41<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.23 N/A N/A N/A 1.64 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.11 N/A N/A N/A 1.92 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.63US 7.46CA 5.59US 7.41CA<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 1.58 1.85 1.58 1.08<br>
</u></div>
<div><u>CAD $/bu 7.07 7.34 7.07 6.66<br>
</u></div>
<div><u>CAD $/tonne 259.93 269.67 259.93 244.72<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 435.09<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 230.00 - 235.00<br>
</u></div>
<div><u><br>
</u></div>
<u><span></span><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;">
<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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