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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, February 4</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 1.2833 up 0.0057</u></div>
<div><u>Chicago corn closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 5.58 DEC21 HI 4.54</u></div>
<div><u> LOW 5.47 LOW 4.48 1/2</u></div>
<div><u> CLOSE5.50 Down 2 CLOSE 4.51 3/4 Up 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 +MAY21+MAY21+JUL21</u></div>
<div><u>CK Low 1.40 6.90 271.64 0.90 5.42 213.28</u></div>
<div><u>CK High 1.45 6.95 273.61 0.95 5.47 215.25</u></div>
<div><u>CK Avg 1.43 -0.10 6.93 272.95 0.91 -0.29 5.43 213.61</u></div>
<div><u>Essex Cty 1.45 6.95 273.61 0.90 5.42 213.28</u></div>
<div><u>Mdsx Low 1.40 6.90 271.64 0.90 5.42 213.28</u></div>
<div><u>Mdsx High 1.45 6.95 273.61 0.90 5.42 213.28</u></div>
<div><u>Mdsx Avg 1.43 -0.10 6.93 272.63 0.90 -0.30 5.42 213.28</u></div>
<div><u>Hensall 1.45 6.95 273.61 0.92 5.43 213.93</u></div>
<div><u>Bruce 1.45 6.95 273.61 0.90 5.42 213.28</u></div>
<div><u>Putnam 1.40 6.90 271.64 0.90 5.42 213.28</u></div>
<div><u>Burford 1.45 6.95 273.61 0.90 5.42 213.28</u></div>
<div><u>Port Perry 1.45 6.95 273.61 1.00 5.52 217.21</u></div>
<div><u>Norfolk 1.45 6.95 273.61 0.90 5.42 213.28</u></div>
<div><u>Palmerston 1.42 6.92 272.43 0.95 5.47 215.25</u></div>
<div><u>Varna 1.45 6.95 273.61 0.90 5.42 213.28</u></div>
<div><u>Trenton 1.50 7.00 275.58 1.00 5.52 217.21</u></div>
<div><u>Winchester 1.45 6.95 273.61 1.25 5.77 227.06</u></div>
<div><u>North Gower 1.49 6.99 275.18 1.26 5.78 227.45</u></div>
<div><u>Vankleek Hil 1.71 7.21 283.85 1.09 5.61 220.76</u></div>
<div><u>Huron FOB 1.58 1.70 1.73 1.83 7.08 278.73 0.98 5.50 216.43</u></div>
<div><u>Kent FOB 1.65 7.15 281.48 1.00 5.52 217.21</u></div>
<div><u>Lamb FOB N/A 1.05 5.57 219.18</u></div>
<div><u>Mdsx FOB 1.65N/A N/A N/A 7.15 281.48 1.05 5.57 219.18</u></div>
<div><u>FOB SW Que 2.29 7.79 306.68N/A</u></div>
<div><u>Track 1.91 7.41 291.72N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.26 5.78 227.45</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.65 6.17 242.80</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 1.90 1.20 5.72 225.09</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 1.95 1.30 5.82 229.02</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 2.05 1.45 5.97 234.93</u></div>
<div><u>W O Feed 2.07 7.57 298.10</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.19 7.69 302.74</u></div>
<div><u>Toledo El. -0.09 5.41 212.99 -0.26 4.26 167.74</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.95 7.45 293.29 1.35 5.87 230.99</u></div>
<div><u>Prescott N/A 1.53 6.05 238.08</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 6.95</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2833 up 0.0057</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 13.81 1/2 NOV21 HI 11.63 1/4</u></div>
<div><u> LOW 13.64 1/2 LOW 11.53</u></div>
<div><u> CLOSE13.72 1/2 Up 1 1/4 CLOSE 11.60 1/4 Up 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+MAY21+MAY21</u></div>
<div><u>CK Low 3.42 17.15 629.97 2.79 14.39 528.83</u></div>
<div><u>CK High 3.45 17.18 631.07 2.85 14.45 531.04</u></div>
<div><u>CK Average 3.45 -0.35 17.17 630.89 2.84 -0.35 14.44 530.67</u></div>
<div><u>Essex Cty 3.45 17.18 631.07 2.75 14.35 527.36</u></div>
<div><u>Mdsx Low 3.40 17.13 629.24 2.77 14.37 528.10</u></div>
<div><u>Mdsx High 3.45 17.18 631.07 2.85 14.45 531.04</u></div>
<div><u>Mdsx Average3.43 -0.36 17.15 630.15 2.81 -0.37 14.41 529.57</u></div>
<div><u>Hensall 3.42 17.14 629.85 2.78 14.39 528.59</u></div>
<div><u>Bruce 3.45 17.18 631.07 2.85 14.45 531.04</u></div>
<div><u>Putnam 3.45 17.18 631.07 2.85 14.45 531.04</u></div>
<div><u>Burford 3.47 17.20 631.81 2.84 14.44 530.67</u></div>
<div><u>Port Perry 3.39 17.12 628.87 2.76 14.36 527.73</u></div>
<div><u>Norfolk 3.45 17.18 631.07 2.85 14.45 531.04</u></div>
<div><u>Palmerston 3.43 17.16 630.34 2.76 14.36 527.73</u></div>
<div><u>Varna 3.40 17.13 629.24 2.75 14.35 527.36</u></div>
<div><u>Trenton 3.40 17.13 629.24 2.80 14.40 529.20</u></div>
<div><u>Winchester 3.40 17.13 629.24 2.85 14.45 531.04</u></div>
<div><u>North Gower 3.38 17.11 628.50 2.78 14.38 528.47</u></div>
<div><u>Vankleek Hil3.40 17.13 629.24 2.73 14.33 526.63</u></div>
<div><u>Huron FOB 3.66 3.66 3.72 3.72 17.39 638.79 2.91 14.51 533.24</u></div>
<div><u>Kent FOB 3.55 17.28 634.75 2.85 14.45 531.04</u></div>
<div><u>Lambton FOB 3.65 17.38 638.42 2.95 14.55 534.71</u></div>
<div><u>Mdsx FOB 3.60 3.66 N/A N/A 17.33 636.58 2.97 14.57 535.45</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.96 17.69 649.81 3.03 14.63 537.65</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.95 17.68 649.45 3.30 14.90 547.57</u></div>
<div><u>Prescott N/A 3.12 14.72 540.96</u></div>
<div><u>Port Colborn3.94 17.67 649.08 3.38 14.98 550.51</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.13 13.60 499.59 -0.45 11.15 409.82</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2833 up 0.0057</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>MAR21 HI 6.50 1/2 JUL21 HI 6.35 1/4</u></div>
<div><u> LOW 6.33 LOW 6.23</u></div>
<div><u> CLOSE 6.37 1/2 Down 10 3/4 CLOSE 6.28 Down 5</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAR21 HI 6.28 1/4 SEP21 HI 6.48 3/4</u></div>
<div><u> LOW 6.17 1/4 LOW 6.41 1/4</u></div>
<div><u> CLOSE 6.21 3/4 Down 3 1/4 CLOSE 6.45 1/4 Down 1/4</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 1.40 N/A N/A N/A 1.10 N/A</u></div>
<div><u>London 1.42 1.36 1.36 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 1.10 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 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.40 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A 1.22 1.41 1.43 N/A 1.32 1.12 1.36</u></div>
<div><u>Varna 1.40 1.45 1.40 N/A 1.30 1.35 1.10 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 1.14 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.17 1.17 0.90 N/A 1.17 1.17 1.09</u></div>
<div><u>W O Feed 2.01</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 1.45 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.81 N/A N/A N/A 1.78 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.38US 8.18CA 6.23US 7.99CA</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 642.77</u></div>
<div><u>DDG's FOB Srn & Aylm 360.00</u></div>
<u><br>
</u></div>
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