FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 13 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.027 up 0.0002 Chicago corn closed mixed. JUL12 HI 6.01 3/4 DEC12 HI 5.16 1/4 LOW 5.75 1/2 LOW 5.10 1/2 CLOSE5.90 3/4 Up 6 3/4 CLOSE 5.10 1/2 Down 12 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +SEP12+SEP12+SEP12 CK Low -0.20 5.71 224.69 -0.65 4.46 175.39 CK High -0.10 5.81 228.63 -0.60 4.51 177.35 CK Avg -0.12 -0.30 5.79 227.98 -0.61 -0.77 4.49 176.89 Essex Cty -0.10 5.81 228.63 -0.70 4.41 173.42 Mdsx Low -0.10 5.81 228.63 -0.65 4.46 175.39 Mdsx High -0.10 5.81 228.63 -0.60 4.51 177.35 Mdsx Avg -0.10 -0.28 5.81 228.63 -0.63 -0.78 4.48 176.37 Hensall -0.10 5.81 228.63 -0.60 4.51 177.35 Bruce -0.10 5.81 228.63 -0.60 4.51 177.35 Putnam -0.10 5.81 228.63 -0.60 4.51 177.35 Burford -0.10 5.81 228.63 -0.65 4.46 175.39 Port Perry -0.10 5.81 228.63 -0.65 4.46 175.39 Norfolk -0.10 5.81 228.63 -0.62 4.49 176.57 Palmerston -0.15 5.76 226.66 -0.55 4.56 179.32 Varna -0.10 5.81 228.63 -0.55 4.56 179.32 Trenton 0.25 6.16 242.41 -0.60 4.51 177.35 Winchester 0.20 6.11 240.44 -0.50 4.61 181.29 North Gower 0.60 6.51 256.19 -0.55 4.56 179.32 Huron FOB -0.25 5.66 222.73 -0.60 4.51 177.35 Kent FOB -0.10 5.81 228.63 -0.62 4.49 176.57 Lamb FOB -0.10 5.81 228.63 -0.62 4.49 176.57 Mdsx FOB -0.10N/A N/A N/A 5.81 228.63 -0.65 4.46 175.39 FOB SW Que 0.37 6.28 247.13 -0.35 4.76 187.20 Track 0.25 6.16 242.41N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A N/A -0.25 4.86 191.13 Aylmer-Eth -0.25 0.30 0.35 0.55 5.66 222.73 -0.60 4.51 177.35 Sarn-Eth N/A 0.70 0.75 0.85 N/A Cllngwd-Eth -0.10N/A N/A N/A 5.81 228.63-0.30* 4.81 189.16 London-Cas N/A N/A 0.85 0.95 -0.50 4.61 181.29 Pt.Colb-Cas N/A 0.85 0.90 1.00 -0.45 4.66 183.26 Cardnl-Cas N/A N/A 1.15 1.00 -0.45 4.66 183.26 W O Feed 0.21 0.18 6.12 240.84 US Rep 0.95 0.92 6.86 269.97 Toledo El. 0.37 6.28 247.18 -0.34 4.76 187.58 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton 0.15 6.06238 1/2 -0.37 4.74186 2/5 MID SD CRN -0.62 1/2 4.48 HI SD CRN -0.60 4.50 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.027 up 0.0002 Chicago soybeans closed slightly lower to lower. JUL12 HI 14.37 1/2 NOV12 HI 13.22 LOW 14.04 3/4 LOW 13.14 1/2 CLOSE14.06 1/2 Down 28 1/2 CLOSE 13.19 3/4 Down 17 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+AUG1+NOV12 CK Low -0.40 13.67 502.10-0.38 12.82 470.96 CK High -0.22 13.85 508.72-0.30 12.90 473.90 CK Average -0.29 -0.7313.77 506.08-0.34-0.7512.86 472.49 Essex Cty -0.18 13.89 510.19-0.17 13.03 478.68 Mdsx Low -0.30 13.77 505.78-0.35 12.85 472.06 Mdsx High -0.26 13.81 507.25-0.30 12.90 473.90 Mdsx Average -0.28 -0.7113.79 506.51-0.33-0.7312.87 472.98 Hensall -0.30 13.77 505.78-0.33 12.87 472.98 Bruce -0.30 13.77 505.78-0.30 12.90 473.90 Putnam -0.30 13.77 505.78-0.30 12.90 473.90 Burford -0.26 13.81 507.25-0.35 12.85 472.06 Port Perry -0.29 13.78 506.14-0.38 12.82 470.96 Norfolk -0.18 13.89 510.19-0.30 12.90 473.90 Palmerston -0.10 13.97 513.13-0.25 12.95 475.74 Varna -0.10 13.97 513.13-0.25 12.95 475.74 Trenton -0.30 13.77 505.78-0.35 12.85 472.06 Winchester -0.48 13.59 499.16-0.25 12.95 475.74 North Gower -0.26 13.81 507.25-0.18 13.02 478.31 Huron FOB -0.20 13.87 509.45-0.20 13.00 477.58 Kent FOB -0.22 13.85 508.72-0.35 12.85 472.06 Lambton FOB -0.22 13.85 508.72-0.35 12.85 472.06 Middlesex FOB-0.35-0.30 N/A N/A 13.72 503.94-0.11 13.09 480.88 PROCESSORS Hamilton 0.06 0.11 0.16 0.65 14.13 519.000.25 13.45 494.11 Windsor 0.05 0.05 N/A N/A 14.12 518.640.06 13.26 487.13 Winchester -0.27 13.80 506.88-0.20 13.00 477.58 TRANSFER Hamilton 0.05 N/A N/A N/A 14.12 518.640.35 13.55 497.79 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.15 14.22 522.310.35 13.55 497.79 Toledo El. -0.15 13.91 511.12-0.29 12.91 474.32 Bank of Canada Noon exchange rate was 1.027 up 0.0002 Chicago wheat closed slightly lower. JUL12 HI 6.23 3/4 JUL12 HI 6.23 3/4 LOW 6.14 1/4 LOW 6.14 1/4 CLOSE 6.15 1/2 Down 1/2 CLOSE 6.15 1/2 Down 1/2 Minni wheat closed mixed. JUL12 HI 7.77 1/4 SEP12 HI 7.53 1/4 LOW 7.63 LOW 7.43 1/4 CLOSE 7.73 1/2 Up 9 1/4 CLOSE 7.45 Down 1 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.02 0.76 0.04 -0.17 CAD $/bu 6.14 6.91 6.19 7.56 CAD $/tonne 225.55 253.96 227.45 277.82 Direct MarkHarvest 2011 Harvest 2012 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 N/A N/A N/A 0.30 -0.20 N/A London -0.24 0.22 -0.35 N/A 0.22 0.33 -0.34 N/A Hensall -0.20 N/A -0.20 N/A 0.45 N/A -0.20 N/A Trenton N/A N/A N/A N/A N/A N/A -0.60 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.38 Essex N/A N/A -0.39 N/A N/A N/A -0.33 N/A Norwich -0.20 N/A -0.25 N/A 0.45 N/A -0.20 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.25 N/A -0.25 N/A 0.45 N/A -0.30 N/A Chatham N/A N/A N/A N/A N/A 0.30 -0.33 N/A Brigden N/A N/A N/A N/A N/A 0.30 -0.33 N/A Palmerston N/A 0.38 -0.24 -0.07 N/A 0.61 -0.20 -0.38 Varna 0.45 0.55 -0.30 N/A 0.63 0.73 -0.12 N/A Mitchell -0.20 0.05 -0.20 N/A 0.45 0.60 -0.20 N/A Thornton N/A N/A N/A -0.88 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A -0.17 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.05 N/A N/A N/A -0.05 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 0.34N/A 0.76 1.40 0.45N/A Toledo El. N/A 6.18US 6.37CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.40 0.81 -0.02 -0.29 CAD $/bu 6.55 6.96 6.14 7.16 CAD $/tonne 240.70 255.85 225.55 263.24 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 325.00 Bayport Oats 320.00 Bayport Barley 325.00 FOB Hm Soymeal 513.69 - 515.89 DDG's FOB Srn, Wndr, Aylm 205.00 - 225.00