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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 22</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.26 down 0.0027</u></div>
<div><u>Chicago corn closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 5.51 1/2 DEC21 HI 4.70</u></div>
<div><u> LOW 5.43 1/2 LOW 4.62 1/4</u></div>
<div><u> CLOSE5.51 Up 8 1/4 CLOSE 4.69 3/4 Up 9 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 6.96 274.00 0.95 5.65 222.33</u></div>
<div><u>CK High 1.45 6.96 274.00 0.95 5.65 222.33</u></div>
<div><u>CK Avg 1.45 0.01 6.96 274.00 0.95 -0.21 5.65 222.33</u></div>
<div><u>Essex Cty 1.45 6.96 274.00 0.95 5.65 222.33</u></div>
<div><u>Mdsx Low 1.45 6.96 274.00 0.95 5.65 222.33</u></div>
<div><u>Mdsx High 1.45 6.96 274.00 0.95 5.65 222.33</u></div>
<div><u>Mdsx Avg 1.45 0.01 6.96 274.00 0.95 -0.21 5.65 222.33</u></div>
<div><u>Hensall 1.47 6.98 274.66 0.97 5.66 222.99</u></div>
<div><u>Bruce 1.45 6.96 274.00 0.95 5.65 222.33</u></div>
<div><u>Putnam 1.45 6.96 274.00 0.95 5.65 222.33</u></div>
<div><u>Burford 1.45 6.96 274.00 0.95 5.65 222.33</u></div>
<div><u>Port Perry 1.50 7.01 275.97 0.95 5.65 222.33</u></div>
<div><u>Norfolk 1.45 6.96 274.00 0.95 5.65 222.33</u></div>
<div><u>Palmerston 1.37 6.88 270.85 0.97 5.67 223.12</u></div>
<div><u>Varna 1.45 6.96 274.00 0.95 5.65 222.33</u></div>
<div><u>Trenton 1.50 7.01 275.97 0.95 5.65 222.33</u></div>
<div><u>Winchester 1.50 7.01 275.97 1.40 6.10 240.05</u></div>
<div><u>North Gower 1.52 7.03 276.76 1.37 6.07 238.87</u></div>
<div><u>Vankleek Hil 1.59 7.10 279.51 1.09 5.79 227.84</u></div>
<div><u>Huron FOB 1.50 1.59 1.62 1.74 7.01 275.97 0.93 5.63 221.54</u></div>
<div><u>Kent FOB 1.60 7.11 279.91 1.05 5.75 226.27</u></div>
<div><u>Lamb FOB N/A 1.05 5.75 226.27</u></div>
<div><u>Mdsx FOB 1.60 1.60N/A N/A 7.11 279.91 1.05 5.75 226.27</u></div>
<div><u>FOB SW Que 2.26 7.77 305.89N/A</u></div>
<div><u>Track 1.80 7.31 287.78N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.30 6.00 236.11</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.61 6.31 248.32</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 1.95 1.25 5.95 234.14</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 6.05 238.08</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 6.30 247.92</u></div>
<div><u>W O Feed 1.95 7.46 293.84</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.06 7.57 298.02</u></div>
<div><u>Toledo El. -0.09 5.42 213.45 -0.25 4.45 175.01</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.95 7.46 293.69 1.35 6.05 238.08</u></div>
<div><u>Prescott N/A 1.53 6.23 245.17</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 6.96</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.26 down 0.0027</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 13.88 1/2 NOV21 HI 12.12</u></div>
<div><u> LOW 13.71 LOW 11.97 1/2</u></div>
<div><u> CLOSE13.83 3/4 Up 6 1/2 CLOSE 12.11 3/4 Up 15 1/2</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 17.14 629.70 2.77 14.89 547.02</u></div>
<div><u>CK High 3.30 17.14 629.70 2.80 14.92 548.12</u></div>
<div><u>CK Average 3.30 -0.24 17.14 629.70 2.80 -0.28 14.91 547.94</u></div>
<div><u>Essex Cty 3.30 17.14 629.70 2.70 14.82 544.45</u></div>
<div><u>Mdsx Low 3.28 17.12 628.96 2.75 14.87 546.29</u></div>
<div><u>Mdsx High 3.30 17.14 629.70 2.80 14.92 548.12</u></div>
<div><u>Mdsx Average3.29 -0.24 17.13 629.33 2.78 -0.30 14.89 547.21</u></div>
<div><u>Hensall 3.30 17.14 629.70 2.77 14.88 546.90</u></div>
<div><u>Bruce 3.30 17.14 629.70 2.75 14.87 546.29</u></div>
<div><u>Putnam 3.30 17.14 629.70 2.80 14.92 548.12</u></div>
<div><u>Burford 3.35 17.19 631.53 2.82 14.94 548.86</u></div>
<div><u>Port Perry 3.27 17.11 628.59 2.74 14.86 545.92</u></div>
<div><u>Norfolk 3.30 17.14 629.70 2.80 14.92 548.12</u></div>
<div><u>Palmerston 3.23 17.07 627.12 2.84 14.96 549.59</u></div>
<div><u>Varna 3.30 17.14 629.70 2.75 14.87 546.29</u></div>
<div><u>Trenton 3.35 17.19 631.53 2.80 14.92 548.12</u></div>
<div><u>Winchester 3.15 16.99 624.18 2.65 14.77 542.61</u></div>
<div><u>North Gower 3.30 17.14 629.70 2.91 15.03 552.17</u></div>
<div><u>Vankleek Hil3.11 16.95 622.71 2.65 14.77 542.61</u></div>
<div><u>Huron FOB 3.45 3.45 3.52 3.52 17.29 635.21 2.82 14.94 548.86</u></div>
<div><u>Kent FOB 3.45 17.29 635.21 2.80 14.92 548.12</u></div>
<div><u>Lambton FOB 3.60 17.44 640.72 3.00 15.12 555.47</u></div>
<div><u>Mdsx FOB 3.42 3.42 N/A N/A 17.26 634.10 2.90 15.02 551.80</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.68 17.52 643.66 2.93 15.05 552.90</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.85 17.69 649.90 3.25 15.37 564.66</u></div>
<div><u>Prescott N/A 3.21 15.33 563.19</u></div>
<div><u>Port Colborn3.70 17.54 644.39 3.29 15.41 566.13</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.13 13.71 503.81 -0.44 11.68 429.04</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.26 down 0.0027</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>MAR21 HI 6.65 1/4 JUL21 HI 6.58 1/4</u></div>
<div><u> LOW 6.51 LOW 6.43 1/2</u></div>
<div><u> CLOSE 6.64 Up 13 1/4 CLOSE 6.57 Up 13 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>MAR21 HI 6.38 1/4 SEP21 HI 6.64 3/4</u></div>
<div><u> LOW 6.30 LOW 6.54 1/4</u></div>
<div><u> CLOSE 6.37 3/4 Up 9 CLOSE 6.64 Up 9</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 1.41 1.35 1.35 N/A 1.26 1.26 1.01 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 1.35 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 1.05 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 1.35 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.35 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.41 1.35 1.34 N/A 1.23 1.04 1.28</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 1.17 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.25 1.25 0.90 N/A 1.02 1.02 1.15</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 1.36 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.73 N/A N/A N/A 1.71 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.64US 8.37CA 6.52US 8.21CA</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 626.23</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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<p class="MsoNoSpacing" style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<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
<o:p> </o:p></span></p>
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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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<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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