FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, January 28 (All Bases in CAD) Exchange rate was 1.2787 up 0.0007 Chicago corn closed mixed. MAR21 HI 5.50 1/2 DEC21 HI 4.49 1/4 LOW 5.29 LOW 4.37 1/4 CLOSE5.34 1/2 Up 1/2 CLOSE 4.38 3/4 Down 3 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR21+MAY21+MAY21 CK Low 1.40 6.75 265.54 0.90 5.29 208.16 CK High 1.45 6.80 267.51 0.95 5.34 210.13 CK Avg 1.42 -0.06 6.76 266.20 0.91 -0.25 5.30 208.49 Essex Cty 1.45 6.80 267.51 0.90 5.29 208.16 Mdsx Low 1.40 6.75 265.54 0.90 5.29 208.16 Mdsx High 1.40 6.75 265.54 0.90 5.29 208.16 Mdsx Avg 1.40 -0.07 6.75 265.54 0.90 -0.25 5.29 208.16 Hensall 1.45 6.80 267.51 0.92 5.30 208.82 Bruce 1.40 6.75 265.54 0.95 5.34 210.13 Putnam 1.40 6.75 265.54 0.90 5.29 208.16 Burford 1.40 6.75 265.54 0.90 5.29 208.16 Port Perry 1.45 6.80 267.51 1.00 5.39 212.10 Norfolk 1.45 6.80 267.51 0.90 5.29 208.16 Palmerston 1.43 6.78 266.72 0.97 5.36 210.92 Varna 1.45 6.80 267.51 0.90 5.29 208.16 Trenton 1.45 6.80 267.51 1.00 5.39 212.10 Winchester 1.45 6.80 267.51 1.25 5.64 221.94 North Gower 1.49 6.84 269.08 1.26 5.65 222.33 Vankleek Hil 1.64 6.99 274.99 1.06 5.45 214.46 Huron FOB 1.54 1.56 1.69 1.73 6.89 271.05 0.97 5.36 210.92 Kent FOB 1.65 7.00 275.38 1.00 5.39 212.10 Lamb FOB N/A 1.05 5.44 214.06 Mdsx FOB N/A N/A N/A N/A 1.05 5.44 214.06 FOB SW Que 2.24 7.59 298.61N/A Track 1.90 7.24 285.03N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.14 5.53 217.61 Jhnstwn-Eth N/A N/A N/A N/A 1.46 5.85 230.21 Aylmer-Eth N/A N/A N/A N/A 1.20 5.59 219.97 Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 1.30 5.69 223.91 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A N/A 1.45 5.84 229.81 W O Feed 2.05 7.39 290.97 US Rep 2.14 7.49 294.67 Toledo El. -0.13 5.22 205.39 -0.26 4.13 162.66 TRANSFER Pt. Colb 1.90 7.25 285.22 1.20 5.59 219.97 Prescott N/A 1.49 5.88 231.39 HI SD CRN 1.45 6.79 1/2 *Wet Bid Exchange rate was 1.2787 up 0.0007 Chicago soybeans closed moderately lower to lower. MAR21 HI 13.91 1/4 NOV21 HI 11.61 1/4 LOW 13.45 1/2 LOW 11.27 1/4 CLOSE13.53 1/4 Down 21 1/2 CLOSE 11.31 1/4 Down 18 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR21+MAR21+MAY21 CK Low 3.30 16.83 618.49 2.70 14.01 514.87 CK High 3.45 16.98 624.00 2.80 14.11 518.55 CK Average 3.38 -0.30 16.92 621.55 2.76 -0.31 14.07 516.95 Essex Cty 3.30 16.83 618.49 2.70 14.01 514.87 Mdsx Low 3.38 16.91 621.43 2.72 14.03 515.61 Mdsx High 3.45 16.98 624.00 2.80 14.11 518.55 Mdsx Average3.42 -0.28 16.95 622.71 2.76 -0.31 14.07 517.08 Hensall 3.42 16.95 622.78 2.80 14.11 518.55 Bruce 3.45 16.98 624.00 2.80 14.11 518.55 Putnam 3.45 16.98 624.00 2.80 14.11 518.55 Burford 3.45 16.98 624.00 2.79 14.10 518.18 Port Perry 3.37 16.90 621.06 2.71 14.02 515.24 Norfolk 3.30 16.83 618.49 2.70 14.01 514.87 Palmerston 3.33 16.86 619.59 2.64 13.95 512.67 Varna 3.40 16.93 622.16 2.80 14.11 518.55 Trenton 3.40 16.93 622.16 2.75 14.06 516.71 Winchester 3.37 16.90 621.06 2.71 14.02 515.24 North Gower 3.35 16.88 620.33 2.73 14.04 515.97 Vankleek Hil3.43 16.96 623.27 2.78 14.09 517.81 Huron FOB 3.65 3.71 3.71 3.77 17.18 631.35 2.90 14.21 522.22 Kent FOB 3.40 16.93 622.16 2.80 14.11 518.55 Lambton FOB 3.25 16.78 616.65 2.80 14.11 518.55 Mdsx FOB 3.57 3.64 3.70 N/A 17.10 628.41 2.91 14.22 522.59 PROCESSORS Windsor 3.83 17.36 637.96 2.94 14.25 523.69 TRANSFER Hamilton 3.75 17.28 635.02 3.20 14.51 533.24 Prescott N/A 3.16 14.47 531.77 Port Colborn3.98 17.51 643.47 3.32 14.63 537.65 Toledo El. -0.13 13.40 492.54 -0.45 10.86 399.22 Exchange rate was 1.2787 up 0.0007 Chicago wheat closed moderately lower. MAR21 HI 6.64 1/2 JUL21 HI 6.48 LOW 6.43 1/2 LOW 6.30 1/4 CLOSE 6.47 Down 11 1/4 CLOSE 6.31 1/2 Down 9 Minni wheat closed moderately lower to lower. MAR21 HI 6.40 1/4 SEP21 HI 6.57 LOW 6.18 1/4 LOW 6.39 CLOSE 6.19 1/2 Down 13 1/4 CLOSE 6.39 3/4 Down 11 1/4 Direct MarkHarvest 2020 Harvest 2021 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 1.40 N/A N/A N/A 1.10 N/A London 1.45 1.39 1.32 N/A 1.35 1.35 1.09 N/A Hensall 1.45 N/A 1.40 N/A 1.35 N/A 1.10 N/A Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A Bruce 1.30 1.40 1.30 1.40 1.25 1.30 1.10 1.30 Essex N/A N/A 1.35 N/A N/A N/A 1.05 N/A Norwich 1.45 N/A 1.40 N/A 1.35 N/A 1.10 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.05 N/A Kent Bridge 1.45 N/A 1.40 N/A 1.35 N/A 1.10 N/A Chatham N/A N/A 1.35 N/A N/A N/A 1.05 N/A Brigden N/A N/A 1.35 N/A N/A N/A 1.05 N/A Palmerston N/A 1.23 1.29 N/A N/A 1.30 1.11 N/A Varna 1.40 1.45 1.40 N/A 1.30 1.30 1.10 N/A Mitchell 1.45 1.55 1.40 N/A 1.35 1.30 1.10 N/A Thornton N/A N/A N/A 1.29 N/A N/A N/A N/A North Gower N/A 1.12 1.12 0.75 N/A 1.19 1.19 0.75 W O Feed 2.02 TERMINAL Port Colbor N/A N/A 1.84 N/A N/A N/A 1.48 N/A PROCESSORS Toledo FM N/A N/A 1.80 N/A N/A N/A 1.76 N/A Toledo El. 6.47US 8.27CA 6.27US 8.01CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 636.15 DDG's FOB Srn & Aylm 340.00 - 350.00