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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, January 12</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2716 down 0.0055</u></div>
<div><u>Chicago corn closed sharply higher to limit up.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 5.17 1/4 DEC21 HI 4.59 1/2</u></div>
<div><u> LOW 4.89 1/4 LOW 4.36 1/4</u></div>
<div><u> CLOSE5.17 1/4 Up 25 CLOSE 4.57 1/2 Up 16 3/4</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 6.52 256.78 0.95 5.53 217.51</u></div>
<div><u>CK High 1.40 6.57 258.75 0.95 5.53 217.51</u></div>
<div><u>CK Avg 1.37 -0.03 6.54 257.44 0.95 -0.23 5.53 217.51</u></div>
<div><u>Essex Cty 1.40 6.57 258.75 0.95 5.53 217.51</u></div>
<div><u>Mdsx Low 1.35 6.52 256.78 0.95 5.53 217.51</u></div>
<div><u>Mdsx High 1.35 6.52 256.78 0.95 5.53 217.51</u></div>
<div><u>Mdsx Avg 1.35 -0.04 6.52 256.78 0.95 -0.23 5.53 217.51</u></div>
<div><u>Hensall 1.40 6.57 258.75 0.97 5.54 218.17</u></div>
<div><u>Bruce 1.40 6.57 258.75 0.95 5.53 217.51</u></div>
<div><u>Putnam 1.35 6.52 256.78 0.95 5.53 217.51</u></div>
<div><u>Burford 1.40 6.57 258.75 0.95 5.53 217.51</u></div>
<div><u>Port Perry 1.45 6.62 260.72 0.95 5.53 217.51</u></div>
<div><u>Norfolk 1.40 6.57 258.75 0.95 5.53 217.51</u></div>
<div><u>Palmerston 1.34 6.51 256.39 0.99 5.57 219.08</u></div>
<div><u>Varna 1.40 6.57 258.75 0.95 5.53 217.51</u></div>
<div><u>Trenton 1.50 6.67 262.68 1.00 5.58 219.48</u></div>
<div><u>Winchester 1.45 6.62 260.72 1.25 5.83 229.32</u></div>
<div><u>North Gower 1.47 6.64 261.50 1.25 5.83 229.32</u></div>
<div><u>Vankleek Hil 1.84 7.01 276.07 1.10 5.68 223.41</u></div>
<div><u>Huron FOB 1.61 1.66 1.69 1.71 6.78 267.02 0.97 5.55 218.30</u></div>
<div><u>Kent FOB 1.63 6.80 267.80 1.00 5.58 219.48</u></div>
<div><u>Lamb FOB 1.62 6.79 267.41 1.08 5.66 222.63</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.00 5.58 219.48</u></div>
<div><u>FOB SW Que 1.95 7.12 280.40N/A</u></div>
<div><u>Track 1.88 7.05 277.64N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.21 5.79 227.75</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.52 6.10 239.95</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A 1.20 5.78 227.35</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 5.83 229.32</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 5.93 233.26</u></div>
<div><u>W O Feed 2.07 7.25 285.28</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.04 7.21 283.94</u></div>
<div><u>Toledo El. -0.06 5.11 201.13 -0.25 4.32 170.10</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.80 6.97 274.50 1.20 5.78 227.35</u></div>
<div><u>Prescott N/A 1.50 6.08 239.16</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.40 6.57 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 1.2716 down 0.0055</u></div>
<div><u>Chicago soybeans closed moderately to sharply higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 14.28 1/4 NOV21 HI 11.80</u></div>
<div><u> LOW 13.58 1/2 LOW 11.34</u></div>
<div><u> CLOSE14.18 1/4 Up 45 3/4 CLOSE 11.76 1/2 Up 21 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 3.35 17.53 644.21 2.66 14.43 530.03</u></div>
<div><u>CK High 3.42 17.60 646.78 2.70 14.47 531.50</u></div>
<div><u>CK Average 3.40 -0.36 17.58 645.99 2.69 -0.39 14.46 531.13</u></div>
<div><u>Essex Cty 3.40 17.58 646.05 2.70 14.47 531.50</u></div>
<div><u>Mdsx Low 3.40 17.58 646.05 2.67 14.44 530.40</u></div>
<div><u>Mdsx High 3.40 17.58 646.05 2.70 14.47 531.50</u></div>
<div><u>Mdsx Average3.40 -0.36 17.58 646.05 2.69 -0.40 14.45 530.95</u></div>
<div><u>Hensall 3.37 17.55 644.82 2.67 14.43 530.27</u></div>
<div><u>Bruce 3.35 17.53 644.21 2.65 14.42 529.66</u></div>
<div><u>Putnam 3.40 17.58 646.05 2.70 14.47 531.50</u></div>
<div><u>Burford 3.47 17.65 648.62 2.74 14.51 532.97</u></div>
<div><u>Port Perry 3.39 17.57 645.68 2.66 14.43 530.03</u></div>
<div><u>Norfolk 3.40 17.58 646.05 2.70 14.47 531.50</u></div>
<div><u>Palmerston 3.37 17.55 644.94 2.62 14.39 528.56</u></div>
<div><u>Varna 3.35 17.53 644.21 2.65 14.42 529.66</u></div>
<div><u>Trenton 3.35 17.53 644.21 2.65 14.42 529.66</u></div>
<div><u>Winchester 3.35 17.53 644.21 2.66 14.43 530.03</u></div>
<div><u>North Gower 3.11 17.29 635.39 2.63 14.40 528.93</u></div>
<div><u>Vankleek Hil3.48 17.66 648.99 2.80 14.57 535.17</u></div>
<div><u>Huron FOB 3.62 3.68 3.68 3.74 17.80 654.13 2.79 14.56 534.80</u></div>
<div><u>Kent FOB 3.40 17.58 646.05 2.70 14.47 531.50</u></div>
<div><u>Lambton FOB 3.60 17.78 653.40 2.75 14.52 533.33</u></div>
<div><u>Mdsx FOB 3.60 3.66 3.66 N/A 17.78 653.40 2.88 14.65 538.11</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.90 18.08 664.42 2.97 14.74 541.42</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.85 18.03 662.58 3.15 14.92 548.03</u></div>
<div><u>Prescott N/A 3.11 14.88 546.56</u></div>
<div><u>Port Colborn3.94 18.12 665.89 3.20 14.97 549.87</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.13 14.06 516.45 -0.44 11.32 415.94</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2716 down 0.0055</u></div>
<div><u>Chicago wheat closed moderately to sharply higher.</u></div>
<div><u>MAR21 HI 6.70 JUL21 HI 6.54 1/2</u></div>
<div><u> LOW 6.34 LOW 6.28</u></div>
<div><u> CLOSE 6.65 Up 30 1/4 CLOSE 6.51 Up 22 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed higher.</u></div>
<div><u>MAR21 HI 6.30 SEP21 HI 6.40 1/2</u></div>
<div><u> LOW 6.04 LOW 6.20</u></div>
<div><u> CLOSE 6.20 3/4 Up 14 3/4 CLOSE 6.35 1/2 Up 14 3/4</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 1.43 1.36 1.36 N/A 1.33 1.33 1.13 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 1.24 1.24 N/A N/A 1.29 1.10 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 1.43 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.07 1.07 0.65 N/A 1.16 1.16 0.75</u></div>
<div><u>W O Feed 2.03</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.82 N/A N/A N/A 1.53 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.93 N/A N/A N/A 1.89 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.65US 8.46CA 6.46US 8.21CA</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 672.86</u></div>
<div><u>DDG's FOB Srn & Aylm 330.00</u></div>
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<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>
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<o:p> </o:p></span></p>
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<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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