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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 1</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2825 up 0.0022</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 5.55 3/4 DEC21 HI 4.50</u></div>
<div><u> LOW 5.39 LOW 4.42 1/2</u></div>
<div><u> CLOSE5.49 1/4 Up 2 1/4 CLOSE 4.47 3/4 Up 2 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 +MAY21+MAY21+JUL21</u></div>
<div><u>CK Low 1.40 6.89 271.35 0.90 5.38 211.70</u></div>
<div><u>CK High 1.45 6.94 273.31 0.95 5.43 213.67</u></div>
<div><u>CK Avg 1.42 -0.11 6.91 272.00 0.91 -0.28 5.39 212.03</u></div>
<div><u>Essex Cty 1.45 6.94 273.31 0.90 5.38 211.70</u></div>
<div><u>Mdsx Low 1.40 6.89 271.35 0.90 5.38 211.70</u></div>
<div><u>Mdsx High 1.45 6.94 273.31 0.90 5.38 211.70</u></div>
<div><u>Mdsx Avg 1.43 -0.10 6.92 272.33 0.90 -0.28 5.38 211.70</u></div>
<div><u>Hensall 1.45 6.94 273.31 0.92 5.39 212.36</u></div>
<div><u>Bruce 1.40 6.89 271.35 0.90 5.38 211.70</u></div>
<div><u>Putnam 1.40 6.89 271.35 0.90 5.38 211.70</u></div>
<div><u>Burford 1.45 6.94 273.31 0.90 5.38 211.70</u></div>
<div><u>Port Perry 1.45 6.94 273.31 1.00 5.48 215.64</u></div>
<div><u>Norfolk 1.45 6.94 273.31 0.90 5.38 211.70</u></div>
<div><u>Palmerston 1.49 6.98 274.89 1.01 5.49 216.03</u></div>
<div><u>Varna 1.45 6.94 273.31 0.90 5.38 211.70</u></div>
<div><u>Trenton 1.45 6.94 273.31 1.00 5.48 215.64</u></div>
<div><u>Winchester 1.45 6.94 273.31 1.25 5.73 225.48</u></div>
<div><u>North Gower 1.49 6.98 274.89 1.26 5.74 225.88</u></div>
<div><u>Vankleek Hil 1.70 7.19 283.16 1.07 5.55 218.40</u></div>
<div><u>Huron FOB 1.58 1.71 1.75 1.74 7.07 278.43 0.97 5.45 214.46</u></div>
<div><u>Kent FOB 1.65 7.14 281.19 1.00 5.48 215.64</u></div>
<div><u>Lamb FOB N/A 1.05 5.53 217.61</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.05 5.53 217.61</u></div>
<div><u>FOB SW Que 2.16 7.65 301.27N/A</u></div>
<div><u>Track 1.92 7.41 291.82N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.06 5.54 218.00</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.44 5.92 232.96</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 1.85 1.20 5.68 223.51</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 1.90 1.30 5.78 227.45</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 2.00 1.45 5.93 233.36</u></div>
<div><u>W O Feed 2.08 7.58 298.27</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.19 7.68 302.45</u></div>
<div><u>Toledo El. -0.09 5.40 212.70 -0.26 4.22 166.18</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.95 7.44 293.00 1.35 5.83 229.42</u></div>
<div><u>Prescott N/A 1.51 5.99 235.72</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 6.94 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 1.2825 up 0.0022</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 13.83 NOV21 HI 11.55</u></div>
<div><u> LOW 13.49 1/4 LOW 11.37 3/4</u></div>
<div><u> CLOSE13.65 1/4 Down 4 3/4 CLOSE 11.54 Up 11</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+MAY21+MAY21</u></div>
<div><u>CK Low 3.35 17.00 624.73 2.73 14.27 524.33</u></div>
<div><u>CK High 3.36 17.01 625.10 2.75 14.29 525.07</u></div>
<div><u>CK Average 3.35 -0.39 17.00 624.80 2.75 -0.39 14.29 524.95</u></div>
<div><u>Essex Cty 3.35 17.00 624.73 2.70 14.24 523.23</u></div>
<div><u>Mdsx Low 3.34 16.99 624.37 2.71 14.25 523.60</u></div>
<div><u>Mdsx High 3.35 17.00 624.73 2.75 14.29 525.07</u></div>
<div><u>Mdsx Average3.35 -0.40 17.00 624.55 2.73 -0.41 14.27 524.33</u></div>
<div><u>Hensall 3.35 17.00 624.73 2.72 14.26 523.84</u></div>
<div><u>Bruce 3.35 17.00 624.73 2.70 14.24 523.23</u></div>
<div><u>Putnam 3.35 17.00 624.73 2.75 14.29 525.07</u></div>
<div><u>Burford 3.41 17.06 626.94 2.78 14.32 526.17</u></div>
<div><u>Port Perry 3.33 16.98 624.00 2.70 14.24 523.23</u></div>
<div><u>Norfolk 3.35 17.00 624.73 2.75 14.29 525.07</u></div>
<div><u>Palmerston 3.42 17.07 627.31 2.75 14.29 525.07</u></div>
<div><u>Varna 3.35 17.00 624.73 2.70 14.24 523.23</u></div>
<div><u>Trenton 3.35 17.00 624.73 2.75 14.29 525.07</u></div>
<div><u>Winchester 3.35 17.00 624.73 2.75 14.29 525.07</u></div>
<div><u>North Gower 3.40 17.05 626.57 2.80 14.34 526.90</u></div>
<div><u>Vankleek Hil3.33 16.98 624.00 2.70 14.24 523.23</u></div>
<div><u>Huron FOB 3.66 3.66 3.71 3.71 17.31 636.13 2.87 14.41 529.48</u></div>
<div><u>Kent FOB 3.40 17.05 626.57 2.75 14.29 525.07</u></div>
<div><u>Lambton FOB 3.35 17.00 624.73 2.80 14.34 526.90</u></div>
<div><u>Mdsx FOB 3.53 3.60 N/A N/A 17.18 631.35 2.90 14.44 530.58</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.90 17.55 644.94 2.99 14.53 533.89</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.85 17.50 643.11 3.25 14.79 543.44</u></div>
<div><u>Prescott N/A 3.09 14.63 537.56</u></div>
<div><u>Port Colborn3.88 17.53 644.21 3.31 14.85 545.64</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.13 13.52 496.93 -0.45 11.09 407.54</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2825 up 0.0022</u></div>
<div><u>Chicago wheat closed moderately lower to lower.</u></div>
<div><u>MAR21 HI 6.71 JUL21 HI 6.49</u></div>
<div><u> LOW 6.46 LOW 6.28 1/4</u></div>
<div><u> CLOSE 6.51 Down 12 CLOSE 6.33 3/4 Down 9 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>MAR21 HI 6.38 SEP21 HI 6.55</u></div>
<div><u> LOW 6.19 1/2 LOW 6.38</u></div>
<div><u> CLOSE 6.23 Down 10 1/2 CLOSE 6.42 3/4 Down 8 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 1.40 N/A N/A N/A 1.10 N/A</u></div>
<div><u>London 1.45 1.38 1.38 N/A 1.32 1.32 1.13 N/A</u></div>
<div><u>Hensall 1.45 N/A 1.40 N/A 1.35 N/A 1.10 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 1.40 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich 1.45 N/A 1.40 N/A 1.35 N/A 1.10 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 1.45 N/A 1.40 N/A 1.35 N/A 1.10 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 1.26 1.32 1.44 N/A 1.32 1.12 1.36</u></div>
<div><u>Varna 1.35 1.40 1.35 N/A 1.25 1.30 1.05 N/A</u></div>
<div><u>Mitchell 1.45 1.55 1.40 N/A 1.35 1.30 1.10 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.29 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.17 1.17 0.90 N/A 1.23 1.23 1.05</u></div>
<div><u>W O Feed 2.04</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.84 N/A N/A N/A 1.46 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 1.79 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.51US 8.35CA 6.29US 8.06CA</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 639.90</u></div>
<div><u>DDG's FOB Srn & Aylm 350.00 - 360.00</u></div>
<u><br>
</u></div>
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