FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, June 29 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0191 down 0.0142 Chicago corn closed slightly higher. SEP12 HI 6.48 DEC12 HI 6.55 LOW 6.15 1/2 LOW 6.22 CLOSE6.28 1/2 Up 2 1/4 CLOSE 6.34 3/4 Up 2 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +SEP12+SEP12+DEC12 CK Low 0.20 6.49 255.30 -0.90 5.45 214.46 CK High 0.30 6.59 259.24 -0.80 5.55 218.40 CK Avg 0.23 0.10 6.51 256.29 -0.88 -1.02 5.46 215.11 Essex Cty 0.15 6.44 253.33 -0.90 5.45 214.46 Mdsx Low 0.20 6.49 255.30 -0.90 5.45 214.46 Mdsx High 0.20 6.49 255.30 -0.90 5.45 214.46 Mdsx Avg 0.20 0.08 6.49 255.30 -0.90 -1.04 5.45 214.46 Hensall 0.20 6.49 255.30 -0.88 5.47 215.44 Bruce 0.20 6.49 255.30 -0.90 5.45 214.46 Putnam 0.20 6.49 255.30 -0.90 5.45 214.46 Burford 0.20 6.49 255.30 -0.90 5.45 214.46 Port Perry 0.20 6.49 255.30 -0.90 5.45 214.46 Norfolk 0.20 6.49 255.30 -0.90 5.45 214.46 Palmerston 0.20 6.49 255.30 -0.85 5.50 216.43 Varna 0.20 6.49 255.30 -0.75 5.60 220.36 Trenton 0.45 6.74 265.15 -0.70 5.65 222.33 Winchester 0.55 6.84 269.08 -0.60 5.75 226.27 North Gower 0.30 6.59 259.24 -0.65 5.70 224.30 Huron FOB 0.20 6.49 255.30 -0.85 5.50 216.43 Kent FOB 0.20 6.49 255.30 -0.90 5.45 214.46 Lamb FOB 0.20 6.49 255.30 -0.90 5.45 214.46 Mdsx FOB 0.20N/A N/A N/A 6.49 255.30 -0.90 5.45 214.46 FOB SW Que 0.30 6.59 259.24 -0.40 5.95 234.14 Track 0.68 6.96 274.00N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A N/A -0.35 6.00 236.11 Aylmer-Eth 0.30 0.35 0.35 -0.60 6.59 259.24 -0.60 5.75 226.27 Sarn-Eth N/A N/A 0.55 -0.60 -0.60 5.75 226.27 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A 0.80 0.65 -0.55 5.80 228.24 Pt.Colb-Cas N/A 0.70 0.85 -0.60 -0.50 5.85 230.21 Cardnl-Cas N/A 0.75 0.90 -0.60 -0.50 5.85 230.21 W O Feed 0.71 0.69 7.00 275.38 US Rep 0.70 0.68 6.99 274.99 Toledo El. 0.62 6.91 271.92 -0.24 6.11 240.64 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton 0.35 6.64261 1/5 -0.53 5.82229 MID SD CRN -0.85 5.49 3/4 HI SD CRN -0.80 5.54 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0191 down 0.0142 Chicago soybeans closed moderately higher to higher. AUG12 HI 14.86 1/2 NOV12 HI 14.36 LOW 14.41 LOW 14.01 CLOSE14.81 3/4 Up 35 1/2 CLOSE 14.27 3/4 Up 24 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV12 CK Low -0.50 14.32 526.08-0.55 13.73 504.40 CK High -0.30 14.52 533.43-0.45 13.83 508.07 CK Average -0.39 -0.6814.43 530.30-0.48-0.8013.79 506.85 Essex Cty -0.09 14.73 541.14-0.26 14.02 515.05 Mdsx Low -0.45 14.37 527.92-0.54 13.74 504.77 Mdsx High -0.30 14.52 533.43-0.40 13.88 509.91 Mdsx Average -0.38 -0.6714.44 530.67-0.47-0.7913.81 507.34 Hensall -0.30 14.52 533.43-0.43 13.85 508.99 Bruce -0.30 14.52 533.43-0.40 13.88 509.91 Putnam -0.25 14.57 535.26-0.35 13.93 511.75 Burford -0.45 14.37 527.92-0.54 13.74 504.77 Port Perry -0.48 14.34 526.81-0.57 13.71 503.66 Norfolk -0.30 14.52 533.43-0.50 13.78 506.24 Palmerston -0.30 14.52 533.43-0.40 13.88 509.91 Varna -0.30 14.52 533.43-0.40 13.88 509.91 Trenton -0.50 14.32 526.08-0.50 13.78 506.24 Winchester -0.50 14.32 526.08-0.40 13.88 509.91 North Gower -0.14 14.68 539.31-0.18 14.10 517.99 Huron FOB -0.20 14.62 537.10-0.30 13.98 513.59 Kent FOB -0.34 14.48 531.96-0.55 13.73 504.40 Lambton FOB -0.34 14.48 531.96-0.55 13.73 504.40 Middlesex FOB-0.19-0.04 N/A N/A 14.63 537.47-0.28 14.00 514.32 PROCESSORS Hamilton 0.05 0.40 0.55 N/A 14.87 546.290.15 14.43 530.12 Windsor 0.14 0.04 N/A N/A 14.96 549.59-0.03 14.25 523.51 Winchester -0.30 14.52 533.43-0.27 14.01 514.69 TRANSFER Hamilton 0.21 N/A N/A N/A 15.03 552.170.12 14.40 529.02 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.10 14.92 548.120.30 14.58 535.63 Toledo El. 0.17 14.99 550.82-0.29 13.99 514.09 Bank of Canada Noon exchange rate was 1.0191 down 0.0142 Chicago wheat closed slightly to moderately higher. SEP12 HI 7.63 JUL13 HI 8.02 LOW 7.40 LOW 7.76 3/4 CLOSE 7.57 1/4 Up 11 1/4 CLOSE 7.97 3/4 Up 9 Minni wheat closed slightly higher. SEP12 HI 8.50 1/4 SEP13 HI 8.30 LOW 8.31 LOW 8.30 CLOSE 8.44 1/2 Up 9 3/4 CLOSE 8.30 Up 5 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.20 0.56 -0.21 -0.55 CAD $/bu 7.77 8.13 7.37 7.90 CAD $/tonne 285.65 298.77 270.66 290.24 Direct MarkHarvest 2012 Harvest 2013 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 -0.02 -0.55 N/A N/A 0.05 -0.60 N/A London -0.20 0.06 -0.56 N/A -0.21 0.05 -0.77 N/A Hensall 0.10 N/A -0.55 N/A -0.25 N/A -0.60 N/A Trenton N/A N/A -0.55 N/A N/A N/A -0.90 N/A Winchester N/A N/A N/A -0.38 N/A N/A N/A N/A Essex N/A N/A -0.60 N/A N/A N/A -0.81 N/A Norwich -0.05 N/A -0.55 N/A -0.25 N/A -0.60 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.05 N/A -0.60 N/A -0.25 N/A -0.75 N/A Chatham N/A 0.13 -0.55 N/A N/A 0.03 -0.75 N/A Brigden N/A 0.13 -0.55 N/A N/A 0.03 -0.75 N/A Palmerston N/A 0.48 -0.33 -0.33 N/A 0.29 -0.53 -0.52 Varna 0.40 0.45 -0.35 N/A N/A 0.30 -0.55 N/A Mitchell -0.05 0.20 -0.55 N/A -0.25 0.25 -0.60 N/A Thornton N/A N/A N/A N/A N/A N/A N/A N/A North Gower N/A N/A N/A -0.14 N/A N/A N/A N/A TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.27 N/A N/A N/A -0.47 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 0.54 1.17 0.30N/A N/A N/A 0.38N/A Toledo El. 7.52US 7.67CA 7.80US 7.97CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.02 0.43 -0.28 CAD $/bu 8.00 8.41 7.69 CAD $/tonne 293.96 308.98 282.69 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 330.00 - 335.00 Bayport Oats 320.00 Bayport Barley 325.00 FOB Hm Soymeal 523.06 - 524.16 DDG's FOB Srn, Wndr, Aylm 215.00 - 220.00