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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, January 19</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 1.273 down 0.0028</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 5.34 1/4 DEC21 HI 4.62 1/2</u></div>
<div><u> LOW 5.23 1/4 LOW 4.53 1/2</u></div>
<div><u> CLOSE5.26 Down 5 1/2 CLOSE 4.55 Down 5</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 1.40 6.66 262.19 0.95 5.50 216.53</u></div>
<div><u>CK High 1.45 6.71 264.16 0.95 5.50 216.53</u></div>
<div><u>CK Avg 1.43 -0.01 6.69 263.18 0.95 -0.23 5.50 216.53</u></div>
<div><u>Essex Cty 1.45 6.71 264.16 0.95 5.50 216.53</u></div>
<div><u>Mdsx Low 1.40 6.66 262.19 0.95 5.50 216.53</u></div>
<div><u>Mdsx High 1.45 6.71 264.16 0.95 5.50 216.53</u></div>
<div><u>Mdsx Avg 1.43 -0.01 6.69 263.18 0.95 -0.23 5.50 216.53</u></div>
<div><u>Hensall 1.42 6.68 262.85 0.97 5.52 217.18</u></div>
<div><u>Bruce 1.40 6.66 262.19 0.95 5.50 216.53</u></div>
<div><u>Putnam 1.40 6.66 262.19 0.95 5.50 216.53</u></div>
<div><u>Burford 1.45 6.71 264.16 0.95 5.50 216.53</u></div>
<div><u>Port Perry 1.45 6.71 264.16 1.00 5.55 218.49</u></div>
<div><u>Norfolk 1.45 6.71 264.16 0.95 5.50 216.53</u></div>
<div><u>Palmerston 1.37 6.63 261.01 0.98 5.53 217.71</u></div>
<div><u>Varna 1.40 6.66 262.19 0.95 5.50 216.53</u></div>
<div><u>Trenton 1.40 6.66 262.19 1.00 5.55 218.49</u></div>
<div><u>Winchester 1.45 6.71 264.16 1.25 5.80 228.34</u></div>
<div><u>North Gower 1.49 6.75 265.74 1.26 5.81 228.73</u></div>
<div><u>Vankleek Hil 1.60 6.86 270.07 1.05 5.60 220.46</u></div>
<div><u>Huron FOB 1.53 1.53 1.56 1.60 6.79 267.31 0.98 5.53 217.71</u></div>
<div><u>Kent FOB 1.68 6.94 273.22 1.05 5.60 220.46</u></div>
<div><u>Lamb FOB N/A 1.10 5.65 222.43</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.00 5.55 218.49</u></div>
<div><u>FOB SW Que 1.81 7.07 278.33N/A</u></div>
<div><u>Track 1.91 7.17 282.27N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.12 5.67 223.22</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.44 5.99 235.82</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A 1.20 5.75 226.37</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 5.80 228.34</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 5.90 232.27</u></div>
<div><u>W O Feed 2.04 7.30 287.55</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.08 7.34 288.96</u></div>
<div><u>Toledo El. -0.06 5.20 204.57 -0.25 4.30 169.10</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.90 7.16 281.88 1.20 5.75 226.37</u></div>
<div><u>Prescott N/A 1.47 6.02 237.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 6.71</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.273 down 0.0028</u></div>
<div><u>Chicago soybeans closed slightly lower to lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 14.21 1/4 NOV21 HI 11.99 3/4</u></div>
<div><u> LOW 13.83 1/4 LOW 11.85 1/4</u></div>
<div><u> CLOSE13.85 3/4 Down 31 CLOSE 11.88 3/4 Down 9</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 17.21 632.27 2.72 14.61 536.73</u></div>
<div><u>CK High 3.40 17.26 634.10 2.80 14.69 539.67</u></div>
<div><u>CK Average 3.39 -0.31 17.25 633.80 2.76 -0.39 14.65 538.26</u></div>
<div><u>Essex Cty 3.40 17.26 634.10 2.75 14.64 537.84</u></div>
<div><u>Mdsx Low 3.33 17.19 631.53 2.70 14.59 536.00</u></div>
<div><u>Mdsx High 3.40 17.26 634.10 2.75 14.64 537.84</u></div>
<div><u>Mdsx Average3.37 -0.33 17.22 632.82 2.73 -0.41 14.61 536.92</u></div>
<div><u>Hensall 3.40 17.26 634.10 2.75 14.64 537.84</u></div>
<div><u>Bruce 3.40 17.26 634.10 2.75 14.64 537.84</u></div>
<div><u>Putnam 3.40 17.26 634.10 2.75 14.64 537.84</u></div>
<div><u>Burford 3.40 17.26 634.10 2.77 14.66 538.57</u></div>
<div><u>Port Perry 3.32 17.18 631.17 2.69 14.58 535.63</u></div>
<div><u>Norfolk 3.40 17.26 634.10 2.80 14.69 539.67</u></div>
<div><u>Palmerston 3.27 17.13 629.33 2.73 14.62 537.10</u></div>
<div><u>Varna 3.40 17.26 634.10 2.75 14.64 537.84</u></div>
<div><u>Trenton 3.40 17.26 634.10 2.72 14.61 536.73</u></div>
<div><u>Winchester 3.35 17.21 632.27 2.75 14.64 537.84</u></div>
<div><u>North Gower 3.31 17.17 630.80 2.72 14.61 536.73</u></div>
<div><u>Vankleek Hil3.31 17.17 630.80 2.74 14.63 537.47</u></div>
<div><u>Huron FOB 3.58 3.64 3.64 3.69 17.44 640.72 2.85 14.74 541.51</u></div>
<div><u>Kent FOB 3.40 17.26 634.10 2.80 14.69 539.67</u></div>
<div><u>Lambton FOB 3.45 17.31 635.94 2.75 14.64 537.84</u></div>
<div><u>Mdsx FOB 3.47 3.53 3.53 N/A 17.33 636.68 2.83 14.72 540.78</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.73 17.59 646.23 2.99 14.88 546.65</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.85 17.71 650.64 3.25 15.14 556.21</u></div>
<div><u>Prescott N/A 3.12 15.01 551.43</u></div>
<div><u>Port Colborn3.88 17.74 651.74 3.24 15.13 555.84</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.13 13.73 504.50 -0.45 11.44 420.41</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.273 down 0.0028</u></div>
<div><u>Chicago wheat closed mixed.</u></div>
<div><u>MAR21 HI 6.91 1/4 JUL21 HI 6.68 3/4</u></div>
<div><u> LOW 6.68 3/4 LOW 6.54 1/4</u></div>
<div><u> CLOSE 6.72 1/4 Down 3 1/4 CLOSE 6.58 1/4 Up 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed steady to slightly higher.</u></div>
<div><u>MAR21 HI 6.53 1/2 SEP21 HI 6.67 1/2</u></div>
<div><u> LOW 6.40 LOW 6.56 3/4</u></div>
<div><u> CLOSE 6.43 1/2 Up 1/4 CLOSE 6.59 Unchanged</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 1.35 N/A N/A N/A 1.05 N/A</u></div>
<div><u>London 1.47 1.4 1.34 N/A 1.35 1.35 1.09 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 1.35 1.40 1.35 1.40 1.25 1.30 1.10 1.30</u></div>
<div><u>Essex N/A N/A 1.40 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 1.40 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.40 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.27 1.33 N/A N/A 1.35 1.16 N/A</u></div>
<div><u>Varna 1.35 1.40 1.35 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 1.32 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.12 1.12 0.65 N/A 1.20 1.20 0.75</u></div>
<div><u>W O Feed 2.08</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.86 N/A N/A N/A 1.48 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.84 N/A N/A N/A 1.80 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.72US 8.56CA 6.53US 8.32CA</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 661.95</u></div>
<div><u>DDG's FOB Srn & Aylm 330.00 - 340.00</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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unsubscribe from this report.</span><br>
<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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