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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 9</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2698 down 0.0044</u></div>
<div><u>Chicago corn closed slightly lower to lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 5.74 1/4 DEC21 HI 4.62</u></div>
<div><u> LOW 5.45 LOW 4.48</u></div>
<div><u> CLOSE5.56 1/4 Down 7 1/2 CLOSE 4.55 3/4 Down 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 1.45 7.01 276.07 0.95 5.51 216.82</u></div>
<div><u>CK High 1.45 7.01 276.07 0.95 5.51 216.82</u></div>
<div><u>CK Avg 1.45 -0.04 7.01 276.07 0.95 -0.22 5.51 216.82</u></div>
<div><u>Essex Cty 1.45 7.01 276.07 0.95 5.51 216.82</u></div>
<div><u>Mdsx Low 1.45 7.01 276.07 0.95 5.51 216.82</u></div>
<div><u>Mdsx High 1.45 7.01 276.07 0.95 5.51 216.82</u></div>
<div><u>Mdsx Avg 1.45 -0.04 7.01 276.07 0.95 -0.22 5.51 216.82</u></div>
<div><u>Hensall 1.50 7.06 278.04 1.00 5.56 218.79</u></div>
<div><u>Bruce 1.45 7.01 276.07 0.90 5.46 214.85</u></div>
<div><u>Putnam 1.45 7.01 276.07 0.95 5.51 216.82</u></div>
<div><u>Burford 1.45 7.01 276.07 0.95 5.51 216.82</u></div>
<div><u>Port Perry 1.50 7.06 278.04 1.00 5.56 218.79</u></div>
<div><u>Norfolk 1.45 7.01 276.07 0.95 5.51 216.82</u></div>
<div><u>Palmerston 1.37 6.93 272.92 0.91 5.47 215.25</u></div>
<div><u>Varna 1.50 7.06 278.04 1.00 5.56 218.79</u></div>
<div><u>Trenton 1.50 7.06 278.04 1.00 5.56 218.79</u></div>
<div><u>Winchester 1.50 7.06 278.04 1.30 5.86 230.60</u></div>
<div><u>North Gower 1.49 7.05 277.64 1.28 5.84 229.81</u></div>
<div><u>Vankleek Hil 1.70 7.26 285.91 1.07 5.63 221.54</u></div>
<div><u>Huron FOB 1.59 1.69 1.73 1.82 7.15 281.58 0.96 5.52 217.21</u></div>
<div><u>Kent FOB 1.65 7.21 283.94 1.05 5.61 220.76</u></div>
<div><u>Lamb FOB N/A 1.05 5.61 220.76</u></div>
<div><u>Mdsx FOB 1.65N/A N/A N/A 7.21 283.94 1.05 5.61 220.76</u></div>
<div><u>FOB SW Que 2.20 7.76 305.60N/A</u></div>
<div><u>Track 1.86 7.42 292.21N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.26 5.82 229.02</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.65 6.21 244.38</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 1.90 1.20 5.76 226.66</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 5.91 232.57</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 6.16 242.41</u></div>
<div><u>W O Feed 2.00 7.57 297.88</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.14 7.70 303.23</u></div>
<div><u>Toledo El. -0.09 5.47 215.49 -0.25 4.30 169.42</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.95 7.51 295.75 1.35 5.91 232.57</u></div>
<div><u>Prescott N/A 1.50 6.06 238.47</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 7.01 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 1.2698 down 0.0044</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 14.09 1/2 NOV21 HI 11.96 3/4</u></div>
<div><u> LOW 13.77 1/2 LOW 11.73 1/4</u></div>
<div><u> CLOSE14.01 3/4 Up 14 CLOSE 11.90 3/4 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 3.43 17.45 641.09 2.81 14.72 540.78</u></div>
<div><u>CK High 3.45 17.47 641.82 2.85 14.76 542.25</u></div>
<div><u>CK Average 3.45 -0.26 17.46 641.70 2.84 -0.29 14.75 542.00</u></div>
<div><u>Essex Cty 3.45 17.47 641.82 2.75 14.66 538.57</u></div>
<div><u>Mdsx Low 3.41 17.43 640.35 2.79 14.70 540.04</u></div>
<div><u>Mdsx High 3.45 17.47 641.82 2.85 14.76 542.25</u></div>
<div><u>Mdsx Average3.43 -0.28 17.45 641.09 2.82 -0.31 14.73 541.14</u></div>
<div><u>Hensall 3.45 17.47 641.82 2.82 14.72 541.02</u></div>
<div><u>Bruce 3.45 17.47 641.82 2.85 14.76 542.25</u></div>
<div><u>Putnam 3.45 17.47 641.82 2.85 14.76 542.25</u></div>
<div><u>Burford 3.48 17.50 642.92 2.86 14.77 542.61</u></div>
<div><u>Port Perry 3.40 17.42 639.98 2.78 14.69 539.67</u></div>
<div><u>Norfolk 3.45 17.47 641.82 2.85 14.76 542.25</u></div>
<div><u>Palmerston 3.39 17.41 639.62 2.82 14.73 541.14</u></div>
<div><u>Varna 3.45 17.47 641.82 2.80 14.71 540.41</u></div>
<div><u>Trenton 3.45 17.47 641.82 2.85 14.76 542.25</u></div>
<div><u>Winchester 3.38 17.40 639.25 2.79 14.70 540.04</u></div>
<div><u>North Gower 3.40 17.42 639.98 2.85 14.76 542.25</u></div>
<div><u>Vankleek Hil3.38 17.40 639.25 2.74 14.65 538.20</u></div>
<div><u>Huron FOB 3.64 3.64 3.70 3.70 17.66 648.80 2.90 14.81 544.08</u></div>
<div><u>Kent FOB 3.55 17.57 645.50 2.85 14.76 542.25</u></div>
<div><u>Lambton FOB 3.75 17.77 652.84 3.00 14.91 547.76</u></div>
<div><u>Mdsx FOB 3.57 3.64 N/A N/A 17.59 646.23 2.94 14.85 545.55</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.77 17.79 653.58 3.00 14.91 547.76</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.95 17.97 660.19 3.30 15.21 558.78</u></div>
<div><u>Prescott N/A 3.12 15.03 552.17</u></div>
<div><u>Port Colborn3.92 17.94 659.09 3.39 15.30 562.09</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.13 13.89 510.39 -0.44 11.46 421.20</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2698 down 0.0044</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>MAR21 HI 6.60 1/2 JUL21 HI 6.46 1/2</u></div>
<div><u> LOW 6.39 3/4 LOW 6.31 1/2</u></div>
<div><u> CLOSE 6.49 1/2 Down 6 1/4 CLOSE 6.41 Down 2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>MAR21 HI 6.38 SEP21 HI 6.61</u></div>
<div><u> LOW 6.19 1/2 LOW 6.45</u></div>
<div><u> CLOSE 6.26 1/2 Down 8 3/4 CLOSE 6.52 Down 6 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 1.40 1.34 1.34 N/A 1.30 1.30 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 1.17 1.37 1.37 N/A 1.26 1.07 1.31</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 1.19 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.17 1.17 0.90 N/A 1.13 1.13 1.11</u></div>
<div><u>W O Feed 1.97</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.79 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 1.75 N/A N/A N/A 1.73 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.50US 8.25CA 6.36US 8.08CA</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 648.94</u></div>
<div><u>DDG's FOB Srn & Aylm 360.00</u></div>
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</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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