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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, February 5</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 1.2767 down 0.0066</u></div>
<div><u>Chicago corn closed slightly lower to steady.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 5.52 1/4 DEC21 HI 4.53 1/4</u></div>
<div><u> LOW 5.45 1/2 LOW 4.49 3/4</u></div>
<div><u> CLOSE5.48 1/2 Down 1 1/2 CLOSE 4.51 3/4 Unchanged</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 6.89 271.05 0.90 5.42 213.28</u></div>
<div><u>CK High 1.45 6.94 273.02 0.95 5.47 215.25</u></div>
<div><u>CK Avg 1.43 -0.07 6.92 272.36 0.93 -0.25 5.44 214.26</u></div>
<div><u>Essex Cty 1.45 6.94 273.02 0.95 5.47 215.25</u></div>
<div><u>Mdsx Low 1.40 6.89 271.05 0.90 5.42 213.28</u></div>
<div><u>Mdsx High 1.45 6.94 273.02 0.90 5.42 213.28</u></div>
<div><u>Mdsx Avg 1.43 -0.07 6.91 272.03 0.90 -0.27 5.42 213.28</u></div>
<div><u>Hensall 1.45 6.94 273.02 0.92 5.43 213.93</u></div>
<div><u>Bruce 1.45 6.94 273.02 0.90 5.42 213.28</u></div>
<div><u>Putnam 1.40 6.89 271.05 0.90 5.42 213.28</u></div>
<div><u>Burford 1.45 6.94 273.02 0.90 5.42 213.28</u></div>
<div><u>Port Perry 1.45 6.94 273.02 1.00 5.52 217.21</u></div>
<div><u>Norfolk 1.45 6.94 273.02 0.95 5.47 215.25</u></div>
<div><u>Palmerston 1.39 6.88 270.66 0.93 5.45 214.46</u></div>
<div><u>Varna 1.45 6.94 273.02 0.90 5.42 213.28</u></div>
<div><u>Trenton 1.50 6.99 274.99 1.00 5.52 217.21</u></div>
<div><u>Winchester 1.45 6.94 273.02 1.25 5.77 227.06</u></div>
<div><u>North Gower 1.49 6.98 274.59 1.26 5.78 227.45</u></div>
<div><u>Vankleek Hil 1.71 7.20 283.25 1.09 5.61 220.76</u></div>
<div><u>Huron FOB 1.54 1.67 1.71 1.80 7.03 276.56 0.96 5.48 215.64</u></div>
<div><u>Kent FOB 1.65 7.14 280.89 1.05 5.57 219.18</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 7.14 280.89 1.05 5.57 219.18</u></div>
<div><u>FOB SW Que 2.26 7.75 304.91N/A</u></div>
<div><u>Track 1.89 7.38 290.34N/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 2.10 1.35 5.87 230.99</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 2.30 1.60 6.12 240.84</u></div>
<div><u>W O Feed 2.03 7.52 295.93</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.16 7.65 300.97</u></div>
<div><u>Toledo El. -0.09 5.40 212.42 -0.26 4.26 167.79</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.95 7.44 292.70 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 6.93 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2767 down 0.0066</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 13.82 3/4 NOV21 HI 11.70</u></div>
<div><u> LOW 13.65 1/2 LOW 11.55 1/2</u></div>
<div><u> CLOSE13.66 3/4 Down 5 3/4 CLOSE 11.61 Up 3/4</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 3.39 17.06 626.76 2.80 14.41 529.48</u></div>
<div><u>CK High 3.45 17.12 628.96 2.85 14.46 531.31</u></div>
<div><u>CK Average 3.44 -0.27 17.11 628.59 2.84 -0.29 14.45 531.01</u></div>
<div><u>Essex Cty 3.45 17.12 628.96 2.75 14.36 527.64</u></div>
<div><u>Mdsx Low 3.37 17.04 626.02 2.78 14.39 528.74</u></div>
<div><u>Mdsx High 3.45 17.12 628.96 2.85 14.46 531.31</u></div>
<div><u>Mdsx Average3.41 -0.29 17.08 627.49 2.82 -0.31 14.43 530.03</u></div>
<div><u>Hensall 3.45 17.12 628.96 2.82 14.43 530.09</u></div>
<div><u>Bruce 3.45 17.12 628.96 2.85 14.46 531.31</u></div>
<div><u>Putnam 3.45 17.12 628.96 2.85 14.46 531.31</u></div>
<div><u>Burford 3.44 17.11 628.59 2.85 14.46 531.31</u></div>
<div><u>Port Perry 3.36 17.03 625.65 2.77 14.38 528.37</u></div>
<div><u>Norfolk 3.45 17.12 628.96 2.85 14.46 531.31</u></div>
<div><u>Palmerston 3.35 17.02 625.29 2.71 14.32 526.17</u></div>
<div><u>Varna 3.45 17.12 628.96 2.80 14.41 529.48</u></div>
<div><u>Trenton 3.45 17.12 628.96 2.85 14.46 531.31</u></div>
<div><u>Winchester 3.38 17.05 626.39 2.75 14.36 527.64</u></div>
<div><u>North Gower 3.40 17.07 627.12 2.83 14.44 530.58</u></div>
<div><u>Vankleek Hil3.40 17.07 627.12 2.73 14.34 526.90</u></div>
<div><u>Huron FOB 3.62 3.62 3.68 3.68 17.29 635.21 2.89 14.50 532.78</u></div>
<div><u>Kent FOB 3.55 17.22 632.63 2.85 14.46 531.31</u></div>
<div><u>Lambton FOB 3.75 17.42 639.98 3.00 14.61 536.83</u></div>
<div><u>Mdsx FOB 3.57 3.63 N/A N/A 17.24 633.37 2.97 14.58 535.72</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.87 17.54 644.39 2.98 14.59 536.09</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.95 17.62 647.33 3.30 14.91 547.85</u></div>
<div><u>Prescott N/A 3.12 14.73 541.23</u></div>
<div><u>Port Colborn3.92 17.59 646.23 3.38 14.99 550.79</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.13 13.54 497.50 -0.45 11.16 410.18</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2767 down 0.0066</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAR21 HI 6.47 1/2 JUL21 HI 6.37</u></div>
<div><u> LOW 6.32 1/4 LOW 6.23 1/4</u></div>
<div><u> CLOSE 6.41 1/4 Up 3 3/4 CLOSE 6.32 Up 4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>MAR21 HI 6.29 1/2 SEP21 HI 6.52</u></div>
<div><u> LOW 6.18 LOW 6.43 1/4</u></div>
<div><u> CLOSE 6.26 Up 4 1/4 CLOSE 6.50 1/4 Up 5</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 1.41 1.34 1.34 N/A 1.31 1.31 1.11 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 1.21 1.40 1.41 N/A 1.31 1.12 1.35</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 1.12 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.17 1.17 0.90 N/A 1.15 1.15 1.11</u></div>
<div><u>W O Feed 1.99</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.80 N/A N/A N/A 1.44 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.77 N/A N/A N/A 1.75 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.41US 8.19CA 6.27US 8.01CA</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 360.00</u></div>
<div><u><br>
</u></div>
<u><br>
</u></div>
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<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews<o:p style=""> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
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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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