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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 18<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 1.3253 up 0.0006<br>
</u></div>
<div><u>Chicago corn closed moderately higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.83 1/4 DEC20 HI 3.93 1/4<br>
</u></div>
<div><u> LOW 3.78 LOW 3.89<br>
</u></div>
<div><u> CLOSE3.83 Up 5 1/4 CLOSE 3.93 1/4 Up 4 1/2<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 4.83 190.25<br>
</u></div>
<div><u>CK High 1.40 5.23 205.90 0.90 4.83 190.25<br>
</u></div>
<div><u>CK Avg 1.40 0.12 5.23 205.90 0.90 -0.29 4.83 190.25<br>
</u></div>
<div><u>Essex Cty 1.40 5.23 205.90 0.90 4.83 190.25<br>
</u></div>
<div><u>Mdsx Low 1.40 5.23 205.90 0.90 4.83 190.25<br>
</u></div>
<div><u>Mdsx High 1.40 5.23 205.90 0.90 4.83 190.25<br>
</u></div>
<div><u>Mdsx Avg 1.40 0.12 5.23 205.90 0.90 -0.29 4.83 190.25<br>
</u></div>
<div><u>Hensall 1.43 5.26 206.88 0.93 4.86 191.23<br>
</u></div>
<div><u>Bruce 1.40 5.23 205.90 0.90 4.83 190.25<br>
</u></div>
<div><u>Putnam 1.40 5.23 205.90 0.90 4.83 190.25<br>
</u></div>
<div><u>Burford 1.40 5.23 205.90 0.90 4.83 190.25<br>
</u></div>
<div><u>Port Perry 1.40 5.23 205.90 0.95 4.88 192.22<br>
</u></div>
<div><u>Norfolk 1.40 5.23 205.90 0.90 4.83 190.25<br>
</u></div>
<div><u>Palmerston 1.40 5.23 205.90 0.93 4.86 191.43<br>
</u></div>
<div><u>Varna 1.40 5.23 205.90 0.90 4.83 190.25<br>
</u></div>
<div><u>Trenton 1.45 5.28 207.86 1.00 4.93 194.18<br>
</u></div>
<div><u>Winchester 1.45 5.28 207.86 1.40 5.33 209.93<br>
</u></div>
<div><u>North Gower 1.45 5.28 207.86 1.38 5.31 209.14<br>
</u></div>
<div><u>Huron FOB 1.58 5.41 212.98 0.97 4.90 193.00<br>
</u></div>
<div><u>Kent FOB 1.65 5.48 215.74 0.90 4.83 190.25<br>
</u></div>
<div><u>Lamb FOB 1.62 5.45 214.56 1.00 4.93 194.18<br>
</u></div>
<div><u>Mdsx FOB 1.65 1.65 1.65 1.70 5.48 215.74 0.95 4.88 192.22<br>
</u></div>
<div><u>FOB SW Que 2.06 5.89 231.88N/A<br>
</u></div>
<div><u>Track 1.79 5.62 221.25N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.22 5.15 202.84<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.41 5.34 210.32<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 5.23 205.99<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 5.33 209.93<br>
</u></div>
<div><u>W O Feed 1.93 5.76 226.92<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 -0.27 3.67 144.38<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 5.08 200.09<br>
</u></div>
<div><u>Prescott N/A 1.40 5.33210<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 1.3253 up 0.0006<br>
</u></div>
<div><u>Chicago soybeans closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 8.98 1/2 NOV20 HI 9.27<br>
</u></div>
<div><u> LOW 8.89 1/4 LOW 9.19 1/4<br>
</u></div>
<div><u> CLOSE8.92 1/4 Down 1 1/2 CLOSE 9.21 1/4 Down 1 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+MAY2+MAY20<br>
</u></div>
<div><u>CK Low 2.45 11.37 417.872.25 11.46 421.17<br>
</u></div>
<div><u>CK High 2.50 11.42 419.712.26 11.47 421.54<br>
</u></div>
<div><u>CK Average 2.48 -0.3211.40 418.912.25 -0.5611.46 421.24<br>
</u></div>
<div><u>Essex Cty 2.50 11.42 419.712.25 11.46 421.17<br>
</u></div>
<div><u>Mdsx Low 2.45 11.37 417.872.24 11.45 420.81<br>
</u></div>
<div><u>Mdsx High 2.48 11.40 418.972.25 11.46 421.17<br>
</u></div>
<div><u>Mdsx Average 2.47 -0.3311.39 418.422.25 -0.5711.46 420.99<br>
</u></div>
<div><u>Hensall 2.48 11.40 418.792.25 11.46 421.17<br>
</u></div>
<div><u>Bruce 2.45 11.37 417.872.25 11.46 421.17<br>
</u></div>
<div><u>Putnam 2.45 11.37 417.872.25 11.46 421.17<br>
</u></div>
<div><u>Burford 2.55 11.47 421.542.31 11.52 423.38<br>
</u></div>
<div><u>Port Perry 2.47 11.39 418.602.23 11.44 420.44<br>
</u></div>
<div><u>Norfolk 2.50 11.42 419.712.25 11.46 421.17<br>
</u></div>
<div><u>Palmerston 2.51 11.43 420.072.30 11.51 423.01<br>
</u></div>
<div><u>Varna 2.50 11.42 419.712.25 11.46 421.17<br>
</u></div>
<div><u>Trenton 2.45 11.37 417.872.25 11.46 421.17<br>
</u></div>
<div><u>Winchester 2.45 11.37 417.872.30 11.51 423.01<br>
</u></div>
<div><u>North Gower 2.39 11.31 415.662.33 11.54 424.11<br>
</u></div>
<div><u>Huron FOB 2.65 11.57 425.222.35 11.56 424.85<br>
</u></div>
<div><u>Kent FOB 2.60 11.52 423.382.25 11.46 421.17<br>
</u></div>
<div><u>Lambton FOB 2.65 11.57 425.222.45 11.66 428.52<br>
</u></div>
<div><u>Middlesex FOB2.62 2.62 2.51 N/A 11.54 424.112.37 11.58 425.58<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.97 11.89 436.972.53 11.74 431.46<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.00 11.92 438.082.70 11.91 437.71<br>
</u></div>
<div><u>Prescott N/A 2.60 11.81 434.04<br>
</u></div>
<div><u>Port Colborne2.70 11.62 427.052.71 11.92 438.08<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.13 9.06 332.72-0.40 8.81 323.89<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3253 up 0.0006<br>
</u></div>
<div><u>Chicago wheat closed higher to sharply higher.<br>
</u></div>
<div><u>MAR20 HI 5.70 3/4 JUL20 HI 5.66 1/4<br>
</u></div>
<div><u> LOW 5.48 LOW 5.45 3/4<br>
</u></div>
<div><u> CLOSE 5.66 3/4 Up 24 CLOSE 5.62 1/2 Up 21 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed higher.<br>
</u></div>
<div><u>MAR20 HI 5.41 1/4 SEP20 HI 5.66 1/2<br>
</u></div>
<div><u> LOW 5.26 LOW 5.55 1/2<br>
</u></div>
<div><u> CLOSE 5.40 Up 14 1/2 CLOSE 5.66 1/4 Up 13 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 2.11 2.31 2.11 1.36<br>
</u></div>
<div><u>CAD $/bu 7.78 7.97 7.78 6.76<br>
</u></div>
<div><u>CAD $/tonne 285.72 293.03 285.72 248.35<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 1.93 2.33 1.86 N/A 1.45 1.72 1.25 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 1.85 2.10 1.85 1.85 1.45 1.65 1.25 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 1.91 1.82 N/A N/A 1.31 1.24<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 2.14 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 2.46<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.26 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 2.17 N/A N/A N/A 1.96 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.82US 7.71CA 5.73US 7.59CA<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 1.63 1.90 1.63 1.11<br>
</u></div>
<div><u>CAD $/bu 7.26 7.52 7.26 6.78<br>
</u></div>
<div><u>CAD $/tonne 266.59 276.33 266.59 248.94<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 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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<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>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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