FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, August 1 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0017 up 0.0003 Chicago corn closed slightly lower. SEP12 HI 8.18 DEC12 HI 8.16 3/4 LOW 7.82 1/4 LOW 7.81 1/4 CLOSE8.00 1/2 Down 6 CLOSE 8.00 1/2 Down 4 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +SEP12+DEC12+DEC12 CK Low -0.30 7.71 303.33 -0.65 7.36 289.55 CK High -0.15 7.86 309.24 -0.60 7.41 291.52 CK Avg -0.20 -0.24 7.81 307.27 -0.64 -0.70 7.36 289.88 Essex Cty -0.20 7.81 307.27 -0.65 7.36 289.55 Mdsx Low -0.20 7.81 307.27 -0.70 7.31 287.59 Mdsx High -0.20 7.81 307.27 -0.70 7.31 287.59 Mdsx Avg -0.20 -0.24 7.81 307.27 -0.70 -0.76 7.31 287.59 Hensall -0.20 7.81 307.27 -0.70 7.31 287.59 Bruce -0.20 7.81 307.27 -0.75 7.26 285.62 Putnam -0.20 7.81 307.27 -0.70 7.31 287.59 Burford -0.20 7.81 307.27 -0.65 7.36 289.55 Port Perry -0.20 7.81 307.27 -0.90 7.11 279.71 Norfolk -0.15 7.86 309.24 -0.65 7.36 289.55 Palmerston -0.20 7.81 307.27 -0.80 7.21 283.65 Varna -0.20 7.81 307.27 -0.70 7.31 287.59 Trenton 0.10 8.11 319.08 -0.80 7.21 283.65 Winchester 0.25 8.26 324.98 -0.60 7.41 291.52 North Gower 0.30 8.31 326.95 -0.75 7.26 285.62 Huron FOB -0.30 7.71 303.33 -0.70 7.31 287.59 Kent FOB -0.15 7.86 309.24 -0.65 7.36 289.55 Lamb FOB -0.15 7.86 309.24 -0.65 7.36 289.55 Mdsx FOB 0.00N/A N/A N/A 8.01 315.14 -0.65 7.36 289.55 FOB SW Que 0.65 8.66 340.73 -0.40 7.61 299.40 Track 0.20 8.21 323.02N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 7.36 289.55 Jhnstwn-Eth N/A N/A N/A N/A -0.65 7.36 289.55 Aylmer-Eth -0.30 -0.10 -0.75 -0.75 7.71 303.33 -0.75 7.26 285.62 Sarn-Eth N/A N/A -0.55 -0.55 -0.55 7.46 293.49 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A -0.35 -0.40 -0.30 7.71 303.33 Pt.Colb-Cas N/A 0.70 -0.40 -0.35 -0.30 7.71 303.33 Cardnl-Cas N/A 0.65 -0.40 -0.35 -0.30 7.71 303.33 W O Feed 0.30 0.30 8.31 326.95 US Rep 0.75 0.75 8.76 344.67 Toledo El. N/A 0.07 8.08 317.92 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A -0.63 7.38290 1/3 MID SD CRN -0.62 1/2 7.38 HI SD CRN -0.60 7.40 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0017 up 0.0003 Chicago soybeans closed slightly to moderately lower. NOV12 HI 16.60 NOV12 HI 16.60 LOW 15.95 3/4 LOW 15.95 3/4 CLOSE16.29 Down 12 CLOSE 16.29 Down 12 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV12 CK Low -0.01 16.28 598.19-0.75 15.54 571.00 CK High 0.30 16.59 609.58-0.65 15.64 574.67 CK Average 0.15 0.06 16.44 604.01-0.72-0.8415.58 572.28 Essex Cty 0.26 16.55 608.11-0.72 15.57 572.10 Mdsx Low -0.05 16.24 596.72-0.75 15.54 571.00 Mdsx High 0.20 16.49 605.90-0.75 15.54 571.00 Mdsx Average 0.08 -0.0116.37 601.31-0.75-0.8715.54 571.00 Hensall 0.20 16.49 605.90-0.73 15.57 571.92 Bruce 0.20 16.49 605.90-0.75 15.54 571.00 Putnam 0.20 16.49 605.90-0.75 15.54 571.00 Burford 0.00 16.29 598.56-0.75 15.54 571.00 Port Perry -0.03 16.26 597.45-0.78 15.51 569.89 Norfolk 0.23 16.52 607.01-0.70 15.59 572.83 Palmerston 0.20 16.49 605.90-0.70 15.59 572.83 Varna N/A -0.55 15.74 578.35 Trenton -0.23 16.06 590.10-0.68 15.61 573.57 Winchester -0.32 15.97 586.80-0.65 15.64 574.67 North Gower -0.29 16.00 587.90-0.61 15.68 576.14 Huron FOB 0.30 16.59 609.58-0.60 15.69 576.51 Kent FOB 0.20 16.49 605.90-0.75 15.54 571.00 Lambton FOB 0.20 16.49 605.90-0.75 15.54 571.00 Middlesex FOB0.16 N/A N/A N/A 16.45 604.43-0.59 15.70 576.88 PROCESSORS Hamilton 0.55 0.35 -0.20-0.20 16.84 618.76-0.20 16.09 591.21 Windsor 0.49 N/A N/A N/A 16.78 616.56-0.54 15.75 578.71 Winchester N/A N/A TRANSFER Hamilton 0.35 N/A N/A N/A 16.64 611.42-0.15 16.14 593.04 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.00 16.29 598.560.00 16.29 598.56 Toledo El. N/A -0.23 16.06 590.04 Bank of Canada Noon exchange rate was 1.0017 up 0.0003 Chicago wheat closed mixed. SEP12 HI 8.97 JUL13 HI 8.49 1/2 LOW 8.61 3/4 LOW 8.06 CLOSE 8.79 1/2 Down 8 3/4 CLOSE 8.43 1/4 Up 13 Minni wheat closed moderately lower. SEP12 HI 9.58 3/4 SEP13 HI 9.00 LOW 9.26 LOW 8.85 CLOSE 9.38 Down 15 3/4 CLOSE 8.87 Down 13 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.21 0.05 -0.56 -0.55 CAD $/bu 8.59 8.84 8.24 8.83 CAD $/tonne 315.58 324.82 302.66 324.26 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 -0.45 -0.95 N/A N/A -0.45 -1.00 N/A London -0.45 -0.35 -0.96 N/A -0.42 -0.42 -0.97 N/A Hensall -0.40 N/A -0.90 N/A -0.50 N/A -0.95 N/A Trenton N/A N/A -1.00 N/A N/A N/A -1.00 N/A Winchester N/A N/A N/A -0.98 N/A N/A N/A N/A Essex N/A N/A -0.96 N/A N/A N/A -1.11 N/A Norwich -0.50 N/A -0.90 N/A -0.50 N/A -0.95 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.40 N/A -0.95 N/A -0.50 N/A -1.05 N/A Chatham N/A -0.38 -0.98 N/A N/A -0.45 -1.07 N/A Brigden N/A -0.38 -0.98 N/A N/A -0.45 -1.07 N/A Palmerston N/A -0.48 -0.87 -0.98 N/A -0.68 -1.08 -1.08 Varna -0.50 -0.30 -0.90 N/A -0.50 -0.40 -0.90 N/A Mitchell -0.50 -0.45 -0.90 N/A -0.50 -0.55 -0.95 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 -0.99 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 -0.80 N/A N/A N/A -0.50 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 0.40 0.75 0.15N/A N/A 0.67 0.16N/A Toledo El. 8.75US 8.79CA 8.40US 8.47CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.24 0.06 -0.59 -0.79 CAD $/bu 8.19 8.50 7.84 8.08 CAD $/tonne 301.08 312.18 288.12 296.91 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 355.00 Bayport Oats 335.00 Bayport Barley 325.00 FOB Hm Soymeal 642.00 - 659.63 DDG's FOB Srn, Wndr, Aylm 275.00 - 300.00