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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, January 8</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 1.2715 up 0.0028</u></div>
<div><u>Chicago corn closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 4.99 1/2 DEC21 HI 4.43 1/2</u></div>
<div><u> LOW 4.92 1/2 LOW 4.39 1/4</u></div>
<div><u> CLOSE4.96 1/4 Up 2 1/4 CLOSE 4.40 1/2 Down 1/2</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 6.31 248.51 0.95 5.36 210.82</u></div>
<div><u>CK High 1.40 6.36 250.48 0.95 5.36 210.82</u></div>
<div><u>CK Avg 1.38 0.02 6.34 249.50 0.95 -0.20 5.36 210.82</u></div>
<div><u>Essex Cty 1.40 6.36 250.48 0.95 5.36 210.82</u></div>
<div><u>Mdsx Low 1.35 6.31 248.51 0.95 5.36 210.82</u></div>
<div><u>Mdsx High 1.35 6.31 248.51 0.95 5.36 210.82</u></div>
<div><u>Mdsx Avg 1.35 0.00 6.31 248.51 0.95 -0.20 5.36 210.82</u></div>
<div><u>Hensall 1.40 6.36 250.48 0.97 5.37 211.47</u></div>
<div><u>Bruce 1.40 6.36 250.48 0.95 5.36 210.82</u></div>
<div><u>Putnam 1.35 6.31 248.51 0.95 5.36 210.82</u></div>
<div><u>Burford 1.35 6.31 248.51 0.95 5.36 210.82</u></div>
<div><u>Port Perry 1.40 6.36 250.48 0.95 5.36 210.82</u></div>
<div><u>Norfolk 1.40 6.36 250.48 0.95 5.36 210.82</u></div>
<div><u>Palmerston 1.35 6.31 248.51 0.97 5.38 211.60</u></div>
<div><u>Varna 1.40 6.36 250.48 0.95 5.36 210.82</u></div>
<div><u>Trenton 1.55 6.51 256.39 0.95 5.36 210.82</u></div>
<div><u>Winchester 1.45 6.41 252.45 1.25 5.66 222.63</u></div>
<div><u>North Gower 1.47 6.43 253.24 1.25 5.66 222.63</u></div>
<div><u>Vankleek Hil 1.76 6.72 264.65 1.05 5.46 214.75</u></div>
<div><u>Huron FOB 1.59 1.62 1.65 1.67 6.55 257.96 0.93 5.34 210.03</u></div>
<div><u>Kent FOB 1.70 6.66 262.29 1.00 5.41 212.79</u></div>
<div><u>Lamb FOB 1.62 6.58 259.14 1.03 5.44 213.97</u></div>
<div><u>Mdsx FOB 1.60 1.65N/A N/A 6.56 258.35 1.00 5.41 212.79</u></div>
<div><u>FOB SW Que 2.00 6.96 274.10N/A</u></div>
<div><u>Track 1.89 6.85 269.77N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.21 5.62 221.05</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.51 5.92 232.86</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 1.80 1.20 5.61 220.66</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.25 5.66 222.63</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 N/A N/A N/A 1.35 5.76 226.56</u></div>
<div><u>W O Feed 2.02 6.98 274.89</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.99 6.95 273.71</u></div>
<div><u>Toledo El. 0.04 5.00 196.87 -0.25 4.15 163.39</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.80 6.76 266.23 1.20 5.61 220.66</u></div>
<div><u>Prescott N/A 1.43 5.84 229.71</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.40 6.36 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2715 up 0.0028</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 13.86 NOV21 HI 11.69 3/4</u></div>
<div><u> LOW 13.48 1/2 LOW 11.47 3/4</u></div>
<div><u> CLOSE13.74 3/4 Up 19 1/2 CLOSE 11.61 3/4 Up 8 3/4</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 3.27 17.02 625.29 2.58 14.20 521.67</u></div>
<div><u>CK High 3.35 17.10 628.23 2.65 14.27 524.24</u></div>
<div><u>CK Average 3.31 -0.33 17.06 626.82 2.61 -0.45 14.23 522.89</u></div>
<div><u>Essex Cty 3.35 17.10 628.23 2.65 14.27 524.24</u></div>
<div><u>Mdsx Low 3.25 17.00 624.55 2.56 14.18 520.93</u></div>
<div><u>Mdsx High 3.30 17.05 626.39 2.60 14.22 522.40</u></div>
<div><u>Mdsx Average3.28 -0.36 17.02 625.47 2.58 -0.47 14.20 521.67</u></div>
<div><u>Hensall 3.30 17.05 626.39 2.60 14.22 522.40</u></div>
<div><u>Bruce 3.30 17.05 626.39 2.60 14.22 522.40</u></div>
<div><u>Putnam 3.30 17.05 626.39 2.60 14.22 522.40</u></div>
<div><u>Burford 3.32 17.07 627.12 2.63 14.25 523.51</u></div>
<div><u>Port Perry 3.24 16.99 624.18 2.55 14.17 520.57</u></div>
<div><u>Norfolk 3.35 17.10 628.23 2.65 14.27 524.24</u></div>
<div><u>Palmerston 3.38 17.13 629.33 2.71 14.33 526.45</u></div>
<div><u>Varna 3.30 17.05 626.39 2.60 14.22 522.40</u></div>
<div><u>Trenton 3.25 17.00 624.55 2.60 14.22 522.40</u></div>
<div><u>Winchester 3.39 17.14 629.70 2.69 14.31 525.71</u></div>
<div><u>North Gower 3.07 16.82 617.94 2.58 14.20 521.67</u></div>
<div><u>Vankleek Hil3.26 17.01 624.92 2.65 14.27 524.24</u></div>
<div><u>Huron FOB 3.56 3.60 3.60 3.59 17.31 635.94 2.63 14.25 523.51</u></div>
<div><u>Kent FOB 3.45 17.20 631.90 2.65 14.27 524.24</u></div>
<div><u>Lambton FOB 3.60 17.35 637.41 2.75 14.37 527.92</u></div>
<div><u>Mdsx FOB 3.43 3.50 3.50 N/A 17.18 631.17 2.63 14.25 523.51</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.86 17.61 646.96 2.90 14.52 533.43</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.90 17.65 648.43 3.10 14.72 540.78</u></div>
<div><u>Prescott N/A 2.96 14.58 535.63</u></div>
<div><u>Port Colborn3.73 17.48 642.19 3.10 14.72 540.78</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.06 13.68 502.80 -0.45 11.17 410.49</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2715 up 0.0028</u></div>
<div><u>Chicago wheat closed mixed.</u></div>
<div><u>MAR21 HI 6.49 1/2 JUL21 HI 6.39</u></div>
<div><u> LOW 6.34 LOW 6.25 1/2</u></div>
<div><u> CLOSE 6.38 3/4 Down 3 1/2 CLOSE 6.31 3/4 Down 2 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>MAR21 HI 6.12 1/4 SEP21 HI 6.26 3/4</u></div>
<div><u> LOW 5.96 LOW 6.13 1/2</u></div>
<div><u> CLOSE 6.07 3/4 Up 4 1/2 CLOSE 6.22 1/2 Up 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 1.33 1.26 1.26 N/A 1.24 1.24 1.05 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 1.10 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 1.35 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 1.35 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.35 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 1.30 1.11 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 1.20 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.07 1.07 0.65 N/A 1.14 1.14 0.75</u></div>
<div><u>W O Feed 1.97</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.72 N/A N/A N/A 1.44 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.86 N/A N/A N/A 1.86 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.39US 8.12CA 6.27US 7.98CA</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 638.91</u></div>
<div><u>DDG's FOB Srn & Aylm 310.00 - 320.00</u></div>
<div><u><br>
</u></div>
<br>
<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>
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