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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, February 12</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 1.2703 up 0.0002</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 5.46 1/4 DEC21 HI 4.54 3/4</u></div>
<div><u> LOW 5.36 3/4 LOW 4.48 1/4</u></div>
<div><u> CLOSE5.38 3/4 Down 2 1/4 CLOSE 4.48 3/4 Down 3 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 1.45 6.84 269.18 0.90 5.39 212.10</u></div>
<div><u>CK High 1.45 6.84 269.18 0.95 5.44 214.06</u></div>
<div><u>CK Avg 1.45 -0.01 6.84 269.18 0.94 -0.21 5.43 213.74</u></div>
<div><u>Essex Cty 1.45 6.84 269.18 0.95 5.44 214.06</u></div>
<div><u>Mdsx Low 1.45 6.84 269.18 0.90 5.39 212.10</u></div>
<div><u>Mdsx High 1.45 6.84 269.18 0.95 5.44 214.06</u></div>
<div><u>Mdsx Avg 1.45 -0.01 6.84 269.18 0.93 -0.23 5.41 213.08</u></div>
<div><u>Hensall 1.47 6.85 269.84 0.97 5.45 214.72</u></div>
<div><u>Bruce 1.45 6.84 269.18 0.95 5.44 214.06</u></div>
<div><u>Putnam 1.45 6.84 269.18 0.95 5.44 214.06</u></div>
<div><u>Burford 1.45 6.84 269.18 0.95 5.44 214.06</u></div>
<div><u>Port Perry 1.50 6.89 271.15 1.00 5.49 216.03</u></div>
<div><u>Norfolk 1.45 6.84 269.18 0.95 5.44 214.06</u></div>
<div><u>Palmerston 1.40 6.79 267.21 0.97 5.46 214.85</u></div>
<div><u>Varna 1.45 6.84 269.18 0.95 5.44 214.06</u></div>
<div><u>Trenton 1.50 6.89 271.15 0.95 5.44 214.06</u></div>
<div><u>Winchester 1.50 6.89 271.15 1.30 5.79 227.84</u></div>
<div><u>North Gower 1.49 6.88 270.76 1.33 5.82 229.02</u></div>
<div><u>Vankleek Hil 1.64 7.03 276.66 1.06 5.55 218.40</u></div>
<div><u>Huron FOB 1.58 1.63 1.67 1.76 6.97 274.30 0.95 5.44 214.06</u></div>
<div><u>Kent FOB 1.60 6.99 275.09 1.05 5.54 218.00</u></div>
<div><u>Lamb FOB N/A 1.00 5.49 216.03</u></div>
<div><u>Mdsx FOB 1.60 1.60N/A N/A 6.99 275.09 1.05 5.54 218.00</u></div>
<div><u>FOB SW Que 2.38 7.77 305.79N/A</u></div>
<div><u>Track 1.82 7.20 283.55N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.30 5.79 227.84</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.61 6.10 240.05</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 1.95 1.20 5.69 223.91</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 5.84 229.81</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 6.09 239.65</u></div>
<div><u>W O Feed 2.01 7.40 291.15</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.09 7.48 294.38</u></div>
<div><u>Toledo El. -0.09 5.30 208.60 -0.25 4.23 166.67</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.95 7.34 288.86 1.35 5.84 229.81</u></div>
<div><u>Prescott N/A 1.49 5.98 235.32</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 6.83 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2703 up 0.0002</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 13.77 1/4 NOV21 HI 11.80 3/4</u></div>
<div><u> LOW 13.62 LOW 11.70 1/4</u></div>
<div><u> CLOSE13.72 Up 4 1/2 CLOSE 11.73 Down 1 1/4</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 3.30 17.02 625.38 2.75 14.48 532.05</u></div>
<div><u>CK High 3.40 17.12 629.05 2.85 14.58 535.72</u></div>
<div><u>CK Average 3.35 -0.28 17.07 627.15 2.81 -0.28 14.54 534.38</u></div>
<div><u>Essex Cty 3.30 17.02 625.38 2.70 14.43 530.21</u></div>
<div><u>Mdsx Low 3.32 17.04 626.11 2.76 14.49 532.42</u></div>
<div><u>Mdsx High 3.40 17.12 629.05 2.85 14.58 535.72</u></div>
<div><u>Mdsx Average3.36 -0.27 17.08 627.58 2.81 -0.28 14.54 534.07</u></div>
<div><u>Hensall 3.33 17.05 626.60 2.75 14.48 532.05</u></div>
<div><u>Bruce 3.30 17.02 625.38 2.75 14.48 532.05</u></div>
<div><u>Putnam 3.40 17.12 629.05 2.85 14.58 535.72</u></div>
<div><u>Burford 3.39 17.11 628.68 2.83 14.56 534.99</u></div>
<div><u>Port Perry 3.31 17.03 625.75 2.75 14.48 532.05</u></div>
<div><u>Norfolk 3.30 17.02 625.38 2.80 14.53 533.89</u></div>
<div><u>Palmerston 3.32 17.04 626.11 2.80 14.53 533.89</u></div>
<div><u>Varna 3.30 17.02 625.38 2.70 14.43 530.21</u></div>
<div><u>Trenton 3.40 17.12 629.05 2.85 14.58 535.72</u></div>
<div><u>Winchester 3.34 17.06 626.85 2.68 14.41 529.48</u></div>
<div><u>North Gower 3.40 17.12 629.05 2.91 14.64 537.93</u></div>
<div><u>Vankleek Hil3.25 16.97 623.54 2.72 14.45 530.95</u></div>
<div><u>Huron FOB 3.55 3.55 3.62 3.62 17.27 634.56 2.87 14.60 536.46</u></div>
<div><u>Kent FOB 3.50 17.22 632.73 2.85 14.58 535.72</u></div>
<div><u>Lambton FOB 3.60 17.32 636.40 2.95 14.68 539.40</u></div>
<div><u>Mdsx FOB 3.49 3.56 N/A N/A 17.21 632.36 2.91 14.64 537.93</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.69 17.41 639.71 2.96 14.69 539.77</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.90 17.62 647.42 3.30 15.03 552.26</u></div>
<div><u>Prescott N/A 3.16 14.89 547.11</u></div>
<div><u>Port Colborn3.84 17.56 645.22 3.36 15.09 554.46</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.13 13.59 499.46 -0.44 11.29 414.67</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2703 up 0.0002</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAR21 HI 6.43 JUL21 HI 6.35 3/4</u></div>
<div><u> LOW 6.32 LOW 6.27</u></div>
<div><u> CLOSE 6.36 3/4 Up 3 1/4 CLOSE 6.30 Up 1 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower to steady.</u></div>
<div><u>MAR21 HI 6.24 1/2 SEP21 HI 6.48 3/4</u></div>
<div><u> LOW 6.15 1/4 LOW 6.40 1/2</u></div>
<div><u> CLOSE 6.16 Down 1/4 CLOSE 6.41 1/2 Unchanged</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 1.35 N/A N/A N/A 1.05 N/A</u></div>
<div><u>London 1.42 1.35 1.35 N/A 1.27 1.27 1.08 N/A</u></div>
<div><u>Hensall 1.40 N/A 1.35 N/A 1.30 N/A 1.05 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 1.35 1.45 1.35 1.40 1.25 1.30 1.10 1.30</u></div>
<div><u>Essex N/A N/A 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich 1.40 N/A 1.35 N/A 1.30 N/A 1.05 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 1.40 N/A 1.35 N/A 1.30 N/A 1.05 N/A</u></div>
<div><u>Chatham N/A N/A 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.41 1.35 1.36 N/A 1.26 1.07 1.30</u></div>
<div><u>Varna 1.35 1.40 1.35 N/A 1.25 1.25 1.05 N/A</u></div>
<div><u>Mitchell 1.40 1.50 1.35 N/A 1.30 1.25 1.05 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 1.20 1.20 0.90 N/A 1.05 1.05 1.11</u></div>
<div><u>W O Feed 2.00</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.81 N/A N/A N/A 1.41 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.72 N/A N/A N/A 1.70 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.37US 8.09CA 6.25US 7.94CA</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 636.26</u></div>
<div><u>DDG's FOB Srn & Aylm 360.00</u></div>
<u><br>
</u></div>
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<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </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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