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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, January 5</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2665 down 0.0106</u></div>
<div><u>Chicago corn closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 4.96 DEC21 HI 4.40</u></div>
<div><u> LOW 4.82 1/2 LOW 4.33 1/4</u></div>
<div><u> CLOSE4.91 3/4 Up 8 CLOSE 4.38 1/2 Up 4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +MAR21+MAY21+MAY21</u></div>
<div><u>CK Low 1.35 6.27 246.74 0.95 5.34 210.03</u></div>
<div><u>CK High 1.40 6.32 248.71 0.95 5.34 210.03</u></div>
<div><u>CK Avg 1.36 0.04 6.28 247.07 0.95 -0.17 5.34 210.03</u></div>
<div><u>Essex Cty 1.40 6.32 248.71 0.95 5.34 210.03</u></div>
<div><u>Mdsx Low 1.35 6.27 246.74 0.95 5.34 210.03</u></div>
<div><u>Mdsx High 1.35 6.27 246.74 0.95 5.34 210.03</u></div>
<div><u>Mdsx Avg 1.35 0.03 6.27 246.74 0.95 -0.17 5.34 210.03</u></div>
<div><u>Hensall 1.37 6.28 247.40 0.97 5.35 210.69</u></div>
<div><u>Bruce 1.35 6.27 246.74 0.95 5.34 210.03</u></div>
<div><u>Putnam 1.35 6.27 246.74 0.95 5.34 210.03</u></div>
<div><u>Burford 1.35 6.27 246.74 0.95 5.34 210.03</u></div>
<div><u>Port Perry 1.40 6.32 248.71 0.95 5.34 210.03</u></div>
<div><u>Norfolk 1.40 6.32 248.71 0.95 5.34 210.03</u></div>
<div><u>Palmerston N/A 0.94 5.33 209.64</u></div>
<div><u>Varna 1.35 6.27 246.74 0.95 5.34 210.03</u></div>
<div><u>Trenton 1.45 6.37 250.68 1.00 5.39 212.00</u></div>
<div><u>Winchester 1.45 6.37 250.68 1.25 5.64 221.84</u></div>
<div><u>North Gower 1.44 6.36 250.28 1.25 5.64 221.84</u></div>
<div><u>Vankleek Hil 1.51 6.43 253.04 1.03 5.42 213.18</u></div>
<div><u>Huron FOB 1.61 1.64 1.66 1.69 6.53 256.98 0.95 5.34 210.03</u></div>
<div><u>Kent FOB 1.70 6.62 260.52 1.00 5.39 212.00</u></div>
<div><u>Lamb FOB 1.62 6.54 257.37 1.08 5.47 215.15</u></div>
<div><u>Mdsx FOB 1.65 1.70N/A N/A 6.57 258.55 1.00 5.39 212.00</u></div>
<div><u>FOB SW Que 2.06 6.98 274.69N/A</u></div>
<div><u>Track 1.88 6.80 267.61N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.21 5.60 220.27</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.46 5.85 230.11</u></div>
<div><u>Aylmer-Eth N/A 1.70 1.75 1.80 1.20 5.59 219.87</u></div>
<div><u>Sarn-Eth 1.70 1.75N/A N/A 6.62 260.52N/A</u></div>
<div><u>London-Ing 1.85 1.85 1.90 1.95 6.77 266.42 1.25 5.64 221.84</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A 2.00N/A N/A 1.35 5.74 225.78</u></div>
<div><u>W O Feed 1.99 6.90 271.78</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.94 6.86 269.97</u></div>
<div><u>Toledo El. 0.04 4.96 195.09 -0.25 4.13 162.67</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.80 6.72 264.46 1.20 5.59 219.87</u></div>
<div><u>Prescott N/A 1.45 5.84 229.71</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.40 6.31 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2665 down 0.0106</u></div>
<div><u>Chicago soybeans closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 13.73 1/4 NOV21 HI 11.59 1/2</u></div>
<div><u> LOW 13.13 1/4 LOW 11.19</u></div>
<div><u> CLOSE13.47 Up 34 CLOSE 11.41 1/4 Up 20 1/2</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +MAR21+MAR21+MAY21</u></div>
<div><u>CK Low 3.25 16.72 614.35 2.55 13.96 513.03</u></div>
<div><u>CK High 3.37 16.84 618.76 2.60 14.01 514.87</u></div>
<div><u>CK Average 3.30 -0.23 16.77 616.31 2.59 -0.35 14.00 514.38</u></div>
<div><u>Essex Cty 3.30 16.77 616.19 2.60 14.01 514.87</u></div>
<div><u>Mdsx Low 3.30 16.77 616.19 2.55 13.96 513.03</u></div>
<div><u>Mdsx High 3.35 16.82 618.03 2.60 14.01 514.87</u></div>
<div><u>Mdsx Average3.33 -0.21 16.80 617.11 2.58 -0.36 13.99 513.95</u></div>
<div><u>Hensall 3.30 16.77 616.19 2.57 13.98 513.65</u></div>
<div><u>Bruce 3.30 16.77 616.19 2.60 14.01 514.87</u></div>
<div><u>Putnam 3.30 16.77 616.19 2.60 14.01 514.87</u></div>
<div><u>Burford 3.42 16.89 620.60 2.62 14.03 515.61</u></div>
<div><u>Port Perry 3.34 16.81 617.66 2.54 13.95 512.67</u></div>
<div><u>Norfolk 3.30 16.77 616.19 2.60 14.01 514.87</u></div>
<div><u>Palmerston 3.22 16.69 613.25 2.58 13.99 514.14</u></div>
<div><u>Varna 3.30 16.77 616.19 2.55 13.96 513.03</u></div>
<div><u>Trenton 3.30 16.77 616.19 2.60 14.01 514.87</u></div>
<div><u>Winchester 3.32 16.79 616.93 2.55 13.96 513.03</u></div>
<div><u>North Gower 2.82 16.29 598.56 2.53 13.94 512.30</u></div>
<div><u>Vankleek Hil3.23 16.70 613.62 2.56 13.97 513.40</u></div>
<div><u>Huron FOB 3.58 3.61 3.61 3.61 17.05 626.48 2.66 14.07 517.08</u></div>
<div><u>Kent FOB 3.40 16.87 619.87 2.60 14.01 514.87</u></div>
<div><u>Lambton FOB 3.60 17.07 627.22 2.75 14.16 520.38</u></div>
<div><u>Mdsx FOB 3.55 3.55 3.55 N/A 17.02 625.38 2.76 14.17 520.75</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.82 17.29 635.30 2.82 14.23 522.95</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.85 17.32 636.40 3.05 14.46 531.41</u></div>
<div><u>Prescott N/A 2.93 14.34 527.00</u></div>
<div><u>Port Colborn3.77 17.24 633.46 3.08 14.49 532.51</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.06 13.41 492.61 -0.44 10.97 403.07</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2665 down 0.0106</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>MAR21 HI 6.64 1/2 JUL21 HI 6.46 1/2</u></div>
<div><u> LOW 6.39 1/2 LOW 6.26 3/4</u></div>
<div><u> CLOSE 6.54 Up 12 CLOSE 6.40 1/4 Up 10 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>MAR21 HI 6.13 3/4 SEP21 HI 6.29</u></div>
<div><u> LOW 5.97 LOW 6.16</u></div>
<div><u> CLOSE 6.07 1/4 Up 8 1/4 CLOSE 6.24 1/4 Up 7 1/2</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2020 Harvest 2021</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>London 1.41 1.34 1.34 N/A 1.30 1.30 1.11 N/A</u></div>
<div><u>Hensall 1.35 N/A 1.30 N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A</u></div>
<div><u>Bruce 1.30 1.40 1.30 1.40 1.25 1.30 1.10 1.30</u></div>
<div><u>Essex N/A N/A 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich 1.35 N/A 1.30 N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A N/A 1.10 N/A</u></div>
<div><u>Kent Bridge 1.35 N/A 1.30 N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Chatham N/A N/A 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.17 1.17 N/A N/A N/A N/A N/A</u></div>
<div><u>Varna 1.30 1.40 1.30 N/A 1.25 1.25 1.05 N/A</u></div>
<div><u>Mitchell 1.35 1.45 1.30 N/A 1.35 1.30 1.05 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.44 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.07 1.07 0.65 N/A 1.11 1.11 0.75</u></div>
<div><u>W O Feed 1.94</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.80 N/A N/A N/A 1.50 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.87 N/A N/A N/A 1.82 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.54US 8.28CA 6.35US 8.04CA</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 630.31</u></div>
<div><u>DDG's FOB Srn & Aylm 310.00 - 320.00</u></div>
<div><u><br>
</u></div>
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<u><br>
</u></div>
<p class="MsoNoSpacing" 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<o:p style=""> </o:p></span></p>
<p class="MsoNoSpacing" 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
<o:p> </o:p></span></p>
<p class="MsoNoSpacing" 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<o:p> </o:p></span></p>
<p class="MsoNoSpacing" 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><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
<o:p> </o:p></span></p>
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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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<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<o:p style=""> </o:p></span></span></p>
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