FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 22 (All Bases in CAD) Exchange rate was 1.26 down 0.0027 Chicago corn closed moderately higher to higher. MAR21 HI 5.51 1/2 DEC21 HI 4.70 LOW 5.43 1/2 LOW 4.62 1/4 CLOSE5.51 Up 8 1/4 CLOSE 4.69 3/4 Up 9 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY21+MAY21+JUL21 CK Low 1.45 6.96 274.00 0.95 5.65 222.33 CK High 1.45 6.96 274.00 0.95 5.65 222.33 CK Avg 1.45 0.01 6.96 274.00 0.95 -0.21 5.65 222.33 Essex Cty 1.45 6.96 274.00 0.95 5.65 222.33 Mdsx Low 1.45 6.96 274.00 0.95 5.65 222.33 Mdsx High 1.45 6.96 274.00 0.95 5.65 222.33 Mdsx Avg 1.45 0.01 6.96 274.00 0.95 -0.21 5.65 222.33 Hensall 1.47 6.98 274.66 0.97 5.66 222.99 Bruce 1.45 6.96 274.00 0.95 5.65 222.33 Putnam 1.45 6.96 274.00 0.95 5.65 222.33 Burford 1.45 6.96 274.00 0.95 5.65 222.33 Port Perry 1.50 7.01 275.97 0.95 5.65 222.33 Norfolk 1.45 6.96 274.00 0.95 5.65 222.33 Palmerston 1.37 6.88 270.85 0.97 5.67 223.12 Varna 1.45 6.96 274.00 0.95 5.65 222.33 Trenton 1.50 7.01 275.97 0.95 5.65 222.33 Winchester 1.50 7.01 275.97 1.40 6.10 240.05 North Gower 1.52 7.03 276.76 1.37 6.07 238.87 Vankleek Hil 1.59 7.10 279.51 1.09 5.79 227.84 Huron FOB 1.50 1.59 1.62 1.74 7.01 275.97 0.93 5.63 221.54 Kent FOB 1.60 7.11 279.91 1.05 5.75 226.27 Lamb FOB N/A 1.05 5.75 226.27 Mdsx FOB 1.60 1.60N/A N/A 7.11 279.91 1.05 5.75 226.27 FOB SW Que 2.26 7.77 305.89N/A Track 1.80 7.31 287.78N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.30 6.00 236.11 Jhnstwn-Eth N/A N/A N/A N/A 1.61 6.31 248.32 Aylmer-Eth N/A N/A N/A 1.95 1.25 5.95 234.14 Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A 2.10 1.35 6.05 238.08 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A 2.30 1.60 6.30 247.92 W O Feed 1.95 7.46 293.84 US Rep 2.06 7.57 298.02 Toledo El. -0.09 5.42 213.45 -0.25 4.45 175.01 TRANSFER Pt. Colb 1.95 7.46 293.69 1.35 6.05 238.08 Prescott N/A 1.53 6.23 245.17 HI SD CRN 1.45 6.96 *Wet Bid Exchange rate was 1.26 down 0.0027 Chicago soybeans closed slightly to moderately higher. MAR21 HI 13.88 1/2 NOV21 HI 12.12 LOW 13.71 LOW 11.97 1/2 CLOSE13.83 3/4 Up 6 1/2 CLOSE 12.11 3/4 Up 15 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR21+MAY21+MAY21 CK Low 3.30 17.14 629.70 2.77 14.89 547.02 CK High 3.30 17.14 629.70 2.80 14.92 548.12 CK Average 3.30 -0.24 17.14 629.70 2.80 -0.28 14.91 547.94 Essex Cty 3.30 17.14 629.70 2.70 14.82 544.45 Mdsx Low 3.28 17.12 628.96 2.75 14.87 546.29 Mdsx High 3.30 17.14 629.70 2.80 14.92 548.12 Mdsx Average3.29 -0.24 17.13 629.33 2.78 -0.30 14.89 547.21 Hensall 3.30 17.14 629.70 2.77 14.88 546.90 Bruce 3.30 17.14 629.70 2.75 14.87 546.29 Putnam 3.30 17.14 629.70 2.80 14.92 548.12 Burford 3.35 17.19 631.53 2.82 14.94 548.86 Port Perry 3.27 17.11 628.59 2.74 14.86 545.92 Norfolk 3.30 17.14 629.70 2.80 14.92 548.12 Palmerston 3.23 17.07 627.12 2.84 14.96 549.59 Varna 3.30 17.14 629.70 2.75 14.87 546.29 Trenton 3.35 17.19 631.53 2.80 14.92 548.12 Winchester 3.15 16.99 624.18 2.65 14.77 542.61 North Gower 3.30 17.14 629.70 2.91 15.03 552.17 Vankleek Hil3.11 16.95 622.71 2.65 14.77 542.61 Huron FOB 3.45 3.45 3.52 3.52 17.29 635.21 2.82 14.94 548.86 Kent FOB 3.45 17.29 635.21 2.80 14.92 548.12 Lambton FOB 3.60 17.44 640.72 3.00 15.12 555.47 Mdsx FOB 3.42 3.42 N/A N/A 17.26 634.10 2.90 15.02 551.80 PROCESSORS Windsor 3.68 17.52 643.66 2.93 15.05 552.90 TRANSFER Hamilton 3.85 17.69 649.90 3.25 15.37 564.66 Prescott N/A 3.21 15.33 563.19 Port Colborn3.70 17.54 644.39 3.29 15.41 566.13 Toledo El. -0.13 13.71 503.81 -0.44 11.68 429.04 Exchange rate was 1.26 down 0.0027 Chicago wheat closed moderately higher to higher. MAR21 HI 6.65 1/4 JUL21 HI 6.58 1/4 LOW 6.51 LOW 6.43 1/2 CLOSE 6.64 Up 13 1/4 CLOSE 6.57 Up 13 3/4 Minni wheat closed moderately higher. MAR21 HI 6.38 1/4 SEP21 HI 6.64 3/4 LOW 6.30 LOW 6.54 1/4 CLOSE 6.37 3/4 Up 9 CLOSE 6.64 Up 9 Direct MarkHarvest 2020 Harvest 2021 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 1.35 N/A N/A N/A 1.05 N/A London 1.41 1.35 1.35 N/A 1.26 1.26 1.01 N/A Hensall 1.40 N/A 1.35 N/A 1.30 N/A 1.05 N/A Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A Bruce 1.35 1.45 1.35 1.40 1.25 1.30 1.10 1.30 Essex N/A N/A 1.35 N/A N/A N/A 1.05 N/A Norwich 1.40 N/A 1.35 N/A 1.30 N/A 1.05 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.05 N/A Kent Bridge 1.40 N/A 1.35 N/A 1.30 N/A 1.05 N/A Chatham N/A N/A 1.35 N/A N/A N/A 1.05 N/A Brigden N/A N/A 1.35 N/A N/A N/A 1.05 N/A Palmerston N/A 1.41 1.35 1.34 N/A 1.23 1.04 1.28 Varna 1.35 1.40 1.35 N/A 1.25 1.25 1.05 N/A Mitchell 1.40 1.50 1.35 N/A 1.30 1.25 1.05 N/A Thornton N/A N/A N/A 1.17 N/A N/A N/A N/A North Gower N/A 1.25 1.25 0.90 N/A 1.02 1.02 1.15 W O Feed 1.99 TERMINAL Port Colbor N/A N/A 1.80 N/A N/A N/A 1.36 N/A PROCESSORS Toledo FM N/A N/A 1.73 N/A N/A N/A 1.71 N/A Toledo El. 6.64US 8.37CA 6.52US 8.21CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 626.23 DDG's FOB Srn & Aylm 360.00