FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, August 2 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0062 up 0.0045 Chicago corn closed slightly lower. SEP12 HI 8.08 1/2 DEC12 HI 8.08 1/4 LOW 7.84 1/4 LOW 7.85 1/4 CLOSE7.94 Down 6 1/2 CLOSE 7.95 3/4 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 7.64 300.77 -0.65 7.31 287.68 CK High -0.15 7.79 306.68 -0.60 7.36 289.65 CK Avg -0.20 -0.27 7.74 304.71 -0.64 -0.73 7.32 288.01 Essex Cty -0.25 7.69 302.74 -0.65 7.31 287.68 Mdsx Low -0.20 7.74 304.71 -0.70 7.26 285.72 Mdsx High -0.20 7.74 304.71 -0.65 7.31 287.68 Mdsx Avg -0.20 -0.27 7.74 304.71 -0.68 -0.76 7.28 286.70 Hensall -0.20 7.74 304.71 -0.68 7.28 286.70 Bruce -0.20 7.74 304.71 -0.70 7.26 285.72 Putnam -0.20 7.74 304.71 -0.70 7.26 285.72 Burford -0.20 7.74 304.71 -0.65 7.31 287.68 Port Perry -0.20 7.74 304.71 -0.90 7.06 277.84 Norfolk -0.15 7.79 306.68 -0.65 7.31 287.68 Palmerston -0.20 7.74 304.71 -0.80 7.16 281.78 Varna -0.20 7.74 304.71 -0.65 7.31 287.68 Trenton 0.10 8.04 316.52 -0.70 7.26 285.72 Winchester 0.15 8.09 318.49 -0.50 7.46 293.59 North Gower 0.30 8.24 324.39 -0.70 7.26 285.72 Huron FOB -0.30 7.64 300.77 -0.65 7.31 287.68 Kent FOB -0.15 7.79 306.68 -0.65 7.31 287.68 Lamb FOB -0.15 7.79 306.68 -0.65 7.31 287.68 Mdsx FOB 0.00N/A N/A N/A 7.94 312.58 -0.65 7.31 287.68 FOB SW Que 0.40 8.34 328.33 -0.55 7.41 291.62 Track 0.20 8.14 320.46N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 7.31 287.68 Jhnstwn-Eth N/A N/A N/A N/A -0.65 7.31 287.68 Aylmer-Eth -0.30 -0.10 -0.75 -0.75 7.64 300.77 -0.75 7.21 283.75 Sarn-Eth N/A 0.00 -0.55 -0.55 -0.55 7.41 291.62 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A -0.45 -0.40 -0.35 7.61 299.49 Pt.Colb-Cas N/A 0.70 -0.40 -0.35 -0.30 7.66 301.46 Cardnl-Cas N/A 0.65 -0.40 -0.35 -0.30 7.66 301.46 W O Feed 0.30 0.29 8.24 324.39 US Rep 0.75 0.74 8.69 342.11 Toledo El. N/A 0.07 8.03 316.06 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A -0.63 7.33288 1/2 MID SD CRN -0.62 1/2 7.33 1/4 HI SD CRN -0.60 7.35 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0062 up 0.0045 Chicago soybeans closed slightly to moderately lower. NOV12 HI 16.45 3/4 NOV12 HI 16.45 3/4 LOW 15.95 LOW 15.95 CLOSE16.16 1/2 Down 12 1/2 CLOSE 16.16 1/2 Down 12 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV12 CK Low -0.16 16.01 588.08-0.75 15.42 566.40 CK High 0.20 16.37 601.31-0.67 15.50 569.34 CK Average 0.06 -0.0916.22 595.98-0.73-0.9115.44 567.20 Essex Cty 0.11 16.28 598.00-0.73 15.44 567.14 Mdsx Low 0.00 16.17 593.96-0.75 15.42 566.40 Mdsx High 0.20 16.37 601.31-0.71 15.46 567.87 Mdsx Average 0.10 -0.0516.27 597.64-0.73-0.9115.44 567.14 Hensall 0.18 16.34 600.39-0.75 15.42 566.40 Bruce 0.20 16.37 601.31-0.75 15.42 566.40 Putnam 0.15 16.32 599.47-0.75 15.42 566.40 Burford 0.05 16.22 595.80-0.71 15.46 567.87 Port Perry 0.02 16.19 594.70-0.74 15.43 566.77 Norfolk 0.19 16.36 600.94-0.70 15.47 568.24 Palmerston 0.20 16.37 601.31-0.75 15.42 566.40 Varna 0.20 16.37 601.31-0.70 15.47 568.24 Trenton -0.27 15.90 584.04-0.65 15.52 570.08 Winchester -0.28 15.89 583.67-0.63 15.54 570.81 North Gower 0.14 16.31 599.11-0.53 15.64 574.49 Huron FOB 0.25 16.42 603.15-0.65 15.52 570.08 Kent FOB -0.16 16.01 588.08-0.75 15.42 566.40 Lambton FOB -0.16 16.01 588.08-0.75 15.42 566.40 Middlesex FOB0.21 N/A N/A N/A 16.38 601.68-0.55 15.62 573.75 PROCESSORS Hamilton 0.65 0.45 -0.10-0.10 16.82 617.85-0.10 16.07 590.29 Windsor 0.34 N/A N/A N/A 16.51 606.45-0.50 15.67 575.59 Winchester N/A N/A TRANSFER Hamilton 0.35 N/A N/A N/A 16.52 606.82-0.15 16.02 588.45 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.10 16.07 590.29-0.05 16.12 592.12 Toledo El. N/A -0.23 15.93 585.42 Bank of Canada Noon exchange rate was 1.0062 up 0.0045 Chicago wheat closed moderately lower. SEP12 HI 8.89 3/4 JUL13 HI 8.44 LOW 8.56 LOW 8.22 CLOSE 8.65 Down 14 1/2 CLOSE 8.27 Down 16 1/4 Minni wheat closed mixed. SEP12 HI 9.45 SEP13 HI 9.32 LOW 9.22 1/4 LOW 8.90 CLOSE 9.28 1/4 Down 9 3/4 CLOSE 9.27 Up 40 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.17 0.08 -0.53 -0.52 CAD $/bu 8.48 8.73 8.12 8.76 CAD $/tonne 311.48 320.75 298.50 321.96 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 -0.50 -1.00 N/A London -0.45 -0.40 -0.96 N/A -0.47 -0.47 -1.03 N/A Hensall -0.50 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 -1.15 N/A Winchester N/A N/A N/A -0.98 N/A N/A N/A N/A Essex N/A N/A -0.93 N/A N/A N/A -1.13 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 -0.43 -0.98 N/A N/A -0.50 -1.07 N/A Brigden N/A -0.43 -0.98 N/A N/A -0.50 -1.07 N/A Palmerston N/A -0.48 -0.90 -0.98 N/A -0.68 -0.96 -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 -0.86 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 0.43 0.79 0.18N/A N/A 0.70 0.19N/A Toledo El. 8.60US 8.68CA 8.24US 8.33CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.21 0.09 -0.57 -0.76 CAD $/bu 8.06 8.36 7.70 8.51 CAD $/tonne 296.10 307.25 283.10 312.82 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 355.00 Bayport Oats 325.00 Bayport Barley 325.00 FOB Hm Soymeal 634.83 - 646.96 DDG's FOB Srn, Wndr, Aylm 275.00 - 305.00