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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, February 6</u></div>
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<u>(All Bases in CAD)</u></div>
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<u>Exchange rate was 1.4293 up 0.0007</u></div>
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<u>Chicago corn closed slightly higher.</u></div>
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<u> MAR25 HI 4.96 1/2 DEC25 HI 4.70</u></div>
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<u> LOW 4.86 LOW 4.64 3/4</u></div>
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<u> CLOSE4.95 1/4 Up 2 CLOSE 4.69 3/4 Up 1 1/4</u></div>
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<u> OLD CROP BASIS NEW CROP BASIS</u></div>
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<u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
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<u>ELEVATORS +MAY25+MAY25+JUL25</u></div>
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<u>CK Low 1.25 6.20 244.18 1.20 5.90 232.17</u></div>
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<u>CK High 1.25 6.20 244.18 1.25 5.95 234.14</u></div>
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<u>CK Avg 1.25 -0.61 6.20 244.18 1.21 -0.57 5.90 232.46</u></div>
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<u>Essex Cty 1.25 6.20 244.18 1.25 5.95 234.14</u></div>
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<u>Mdsx Low 1.25 6.20 244.18 1.20 5.90 232.17</u></div>
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<u>Mdsx High 1.25 6.20 244.18 1.20 5.90 232.17</u></div>
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<u>Mdsx Avg 1.25 -0.61 6.20 244.18 1.20 -0.57 5.90 232.17</u></div>
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<u>Hensall 1.27 6.22 244.84 1.22 5.91 232.83</u></div>
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<u>Bruce 1.25 6.20 244.18 1.20 5.90 232.17</u></div>
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<u>Putnam 1.25 6.20 244.18 1.20 5.90 232.17</u></div>
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<u>Guelph 1.20 6.15 242.21 1.15 5.85 230.21</u></div>
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<u>Burford 1.25 6.20 244.18 1.20 5.90 232.17</u></div>
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<u>Port Perry 1.05 6.00 236.31 1.05 5.75 226.27</u></div>
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<u>Norfolk 1.25 6.20 244.18 1.20 5.90 232.17</u></div>
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<u>Palmerston 1.25 6.20 244.18 1.25 5.95 234.14</u></div>
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<u>Varna 1.25 6.20 244.18 1.20 5.90 232.17</u></div>
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<u>Belmore 1.25 6.20 244.18 1.25 5.95 234.14</u></div>
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<u>Trenton 1.05 6.00 236.31 1.05 5.75 226.27</u></div>
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<u>Winchester 1.00 5.95 234.34 1.20 5.90 232.17</u></div>
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<u>North Gower 1.05 6.00 236.31 1.05 5.75 226.27</u></div>
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<u>Vankleek Hil 1.19 6.14 241.82 1.52 6.22 244.77</u></div>
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<u>Huron FOB 1.35 1.33 1.38N/A 6.30 248.12N/A</u></div>
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<u>Kent FOB 1.52 6.47 254.81 1.38 6.08 239.26</u></div>
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<u>Lamb FOB 1.40 6.35 250.09 1.20 5.90 232.17</u></div>
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<u>Mdsx FOB 1.50 1.47 1.50 1.60 6.45 254.02 1.30 6.00 236.11</u></div>
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<u>FOB SW Que 1.93 6.88 270.95N/A</u></div>
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<u>Track 1.89 6.84 269.25N/A</u></div>
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<u>PROCESSORS</u></div>
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<u>Chat-Eth N/A N/A N/A N/A 1.65 6.35 249.89</u></div>
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<u>Jhnstwn-Eth N/A N/A N/A N/A 1.65 6.35 249.89</u></div>
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<u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
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<u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
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<u>London-Ing N/A N/A N/A N/A 1.80 6.50 255.80</u></div>
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<u>Cardnl-Ing N/A N/A N/A N/A 1.55 6.25 245.95</u></div>
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<u>W O Feed 1.89 6.84 269.25</u></div>
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<u>max 3.0 ppm</u></div>
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<u>US Rep 2.19 7.14 281.19</u></div>
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<u>Toledo El. -0.14 4.81 189.34 -0.57 4.13 162.42</u></div>
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<u>TRANSFER</u></div>
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<u>Pt. Colb N/A 1.30 6.00 236.11</u></div>
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<u>Prescott N/A 1.67 6.37 250.68</u></div>
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<u>HI SD CRN 1.25 6.20 1/4</u></div>
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<u>*Wet Bid</u></div>
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<u>Exchange rate was 1.4293 up 0.0007</u></div>
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<u>Chicago soybeans closed steady to slightly higher.</u></div>
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<u> MAR25 HI 10.66 1/2 NOV25 HI 10.71 1/2</u></div>
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<u> LOW 10.49 3/4 LOW 10.56 1/2</u></div>
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<u> CLOSE10.60 1/2 Up 3 1/2 CLOSE 10.66 Up 3 1/2</u></div>
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<u> OLD CROP NEW CROP</u></div>
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<u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
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<u>ELEVATORS +MAR25+MAY25+MAY25</u></div>
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<u>CK Low 3.40 14.01 514.60 3.35 14.01 514.78</u></div>
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<u>CK High 3.50 14.11 518.27 3.40 14.06 516.62</u></div>
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<u>CK Average 3.44 -0.78 14.04 515.88 3.36 -0.85 14.02 515.15</u></div>
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<u>Essex Cty 3.45 14.06 516.43 3.35 14.01 514.78</u></div>
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<u>Mdsx Low 3.40 14.01 514.60 3.35 14.01 514.78</u></div>
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<u>Mdsx High 3.45 14.06 516.43 3.36 14.02 515.15</u></div>
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<u>Mdsx Average3.42 -0.79 14.03 515.40 3.35 -0.86 14.01 514.85</u></div>
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<u>Hensall 3.42 14.02 515.21 3.35 14.01 514.78</u></div>
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<u>Bruce 3.40 14.01 514.60 3.30 13.96 512.94</u></div>
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<u>Putnam 3.45 14.06 516.43 3.35 14.01 514.78</u></div>
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<u>Guelph 3.36 13.97 513.13 3.27 13.93 511.84</u></div>
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<u>Burford 3.47 14.08 517.17 3.42 14.08 517.35</u></div>
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<u>Port Perry 3.27 13.88 509.82 3.22 13.88 510.00</u></div>
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<u>Norfolk 3.40 14.01 514.60 3.35 14.01 514.78</u></div>
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<u>Palmerston 3.40 14.01 514.60 3.35 14.01 514.78</u></div>
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<u>Varna 3.40 14.01 514.60 3.35 14.01 514.78</u></div>
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<u>Trenton 3.30 13.91 510.92 3.20 13.86 509.27</u></div>
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<u>Winchester 2.87 13.48 495.12 3.21 13.87 509.64</u></div>
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<u>North Gower 2.95 13.56 498.06 3.00 13.66 501.92</u></div>
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<u>Vankleek Hil3.23 13.84 508.35 3.00 13.66 501.92</u></div>
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<u>Huron FOB 3.42 3.52 3.52 N/A 14.03 515.33 N/A</u></div>
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<u>Kent FOB 3.65 14.26 523.78 3.35 14.01 514.78</u></div>
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<u>Lambton FOB 3.55 14.16 520.11 3.35 14.01 514.78</u></div>
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<u>Mdsx FOB 3.51 3.58 3.65 3.65 14.12 518.64 3.61 14.27 524.33</u></div>
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<u>PROCESSORS</u></div>
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<u>Windsor 3.98 14.59 535.91 3.76 14.42 529.84</u></div>
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<u>TRANSFER</u></div>
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<u>Hamilton 3.95 14.56 534.80 3.90 14.56 534.99</u></div>
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<u>Prescott N/A 3.76 14.42 529.84</u></div>
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<u>Port Colborn3.73 14.34 526.72 4.03 14.69 539.77</u></div>
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<u>Toledo El. -0.21 10.39 381.79 -0.79 9.87 362.80</u></div>
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<u>Exchange rate was 1.4293 up 0.0007</u></div>
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<u>Chicago wheat closed moderately higher to higher.</u></div>
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<u>MAR25 HI 5.88 3/4 JUL25 HI 6.11</u></div>
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<u> LOW 5.66 1/2 LOW 5.91 3/4</u></div>
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<u> CLOSE 5.87 3/4 Up 15 1/2 CLOSE 6.10 Up 13 1/4</u></div>
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<u>Minni wheat closed moderately higher.</u></div>
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<u>MAR25 HI 6.29 1/2 SEP25 HI 6.60 1/4</u></div>
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<u> LOW 6.12 3/4 LOW 6.45</u></div>
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<u> CLOSE 6.28 1/2 Up 10 CLOSE 6.60 1/4 Up 10 1/2</u></div>
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<u>Direct MarkHarvest 2024 Harvest 2025</u></div>
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<u> DELIVERED BASIS DELIVERED BASIS</u></div>
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<u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
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<u>ELEVATORS</u></div>
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<u>Brgssvll N/A N/A 1.20 N/A N/A N/A 1.30 N/A</u></div>
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<u>London N/A 1.99 1.20 N/A N/A 2.10 1.31 N/A</u></div>
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<u>Hensall 2.10 2.10 1.20 1.70 2.00 2.10 1.30 1.65</u></div>
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<u>Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A</u></div>
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<u>Bruce 1.90 2.00 1.20 1.35 2.00 2.10 1.30 1.45</u></div>
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<u>Essex N/A N/A 1.20 N/A N/A N/A 1.30 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Norwich 2.15 N/A 1.20 N/A 2.05 N/A 1.30 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Winchester N/A N/A N/A N/A N/A N/A N/A N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Belmore 1.20 1.40 1.20 0.85 N/A 1.55 1.30 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Kent Bridge 2.15 N/A 1.20 N/A 2.05 N/A 1.30 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Chatham N/A N/A 1.20 N/A N/A N/A 1.30 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Brigden N/A N/A 1.20 N/A N/A N/A 1.30 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Palmerston 1.20 1.40 1.20 0.85 N/A 1.55 1.30 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Varna 2.10 2.10 1.20 N/A 2.00 2.40 1.30 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Mitchell 2.15 2.10 1.20 N/A 2.05 2.10 1.30 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Thornton N/A 1.99 1.20 1.40 N/A 2.10 1.31 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>North Gower N/A 0.80 1.00 0.77 N/A 1.08 1.28 0.77</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>W O Feed 2.09</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>TERMINAL</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Port Colbor N/A N/A 1.76 N/A N/A N/A 1.80 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>PROCESSORS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Toledo FM N/A N/A 2.24 N/A N/A N/A 2.33 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Toledo El. 5.58US 7.97CA 5.85US 8.36CA</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FEED GRAINS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FOB Hm Soymeal 514.13</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>DDG's FOB Aylm 265.00<br>
</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div id="Signature" class="elementToProof">
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">Editor, Farm Market News </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">University of Guelph, Ridgetown Campus </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;"> </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">Email:fmnc@uoguelph.ca </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">Tel. 519-674-1500 x 63577 </span></p>
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