FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 3 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9986 down 0.0076 Chicago corn closed moderately higher to higher. SEP12 HI 8.17 1/2 DEC12 HI 8.17 LOW 7.87 LOW 7.88 1/2 CLOSE8.10 Up 16 CLOSE 8.07 1/2 Up 11 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 7.80 307.07 -0.70 7.38 290.34 CK High -0.15 7.95 312.98 -0.60 7.48 294.28 CK Avg -0.20 -0.22 7.90 311.01 -0.65 -0.68 7.43 292.31 Essex Cty -0.30 7.80 307.07 -0.65 7.43 292.31 Mdsx Low -0.20 7.90 311.01 -0.70 7.38 290.34 Mdsx High -0.20 7.90 311.01 -0.70 7.38 290.34 Mdsx Avg -0.20 -0.22 7.90 311.01 -0.70 -0.73 7.38 290.34 Hensall -0.20 7.90 311.01 -0.68 7.40 291.33 Bruce -0.20 7.90 311.01 -0.70 7.38 290.34 Putnam -0.20 7.90 311.01 -0.70 7.38 290.34 Burford -0.20 7.90 311.01 -0.70 7.38 290.34 Port Perry -0.20 7.90 311.01 -0.90 7.18 282.47 Norfolk -0.15 7.95 312.98 -0.65 7.43 292.31 Palmerston -0.20 7.90 311.01 -0.80 7.28 286.40 Varna -0.20 7.90 311.01 -0.65 7.43 292.31 Trenton 0.10 8.20 322.82 -0.70 7.38 290.34 Winchester 0.15 8.25 324.79 -0.50 7.58 298.21 North Gower 0.30 8.40 330.69 -0.70 7.38 290.34 Huron FOB -0.30 7.80 307.07 -0.65 7.43 292.31 Kent FOB -0.15 7.95 312.98 -0.65 7.43 292.31 Lamb FOB -0.15 7.95 312.98 -0.65 7.43 292.31 Mdsx FOB 0.00N/A N/A N/A 8.10 318.88 -0.70 7.38 290.34 FOB SW Que 0.35 8.45 332.66 -0.60 7.48 294.28 Track 0.20 8.30 326.76N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 7.43 292.31 Jhnstwn-Eth N/A N/A N/A N/A -0.65 7.43 292.31 Aylmer-Eth -0.30 -0.10 -0.75 -0.75 7.80 307.07 -0.75 7.33 288.37 Sarn-Eth N/A 0.00 -0.55 -0.55 -0.55 7.53 296.25 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A -0.45 -0.40 -0.35 7.73 304.12 Pt.Colb-Cas N/A 0.70 -0.40 -0.35 -0.30 7.78 306.09 Cardnl-Cas N/A 0.65 -0.40 -0.35 -0.30 7.78 306.09 W O Feed 0.31 0.31 8.41 331.09 US Rep 0.75 0.75 8.85 348.41 Toledo El. 0.17 8.27 325.59 0.07 8.15 320.66 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A -0.65 7.43292 1/3 MID SD CRN -0.65 1 7.42 1/2 HI SD CRN -0.60 7.47 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9986 down 0.0076 Chicago soybeans closed moderately higher. NOV12 HI 16.38 1/2 NOV12 HI 16.38 1/2 LOW 16.02 1/4 LOW 16.02 1/4 CLOSE16.28 3/4 Up 12 1/4 CLOSE 16.28 3/4 Up 12 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV12 CK Low -0.05 16.24 596.63-0.80 15.49 569.07 CK High 0.16 16.45 604.34-0.70 15.59 572.74 CK Average 0.06 0.03 16.35 600.79-0.76-0.8215.53 570.48 Essex Cty -0.03 16.26 597.36-0.70 15.59 572.74 Mdsx Low -0.07 16.22 595.89-0.80 15.49 569.07 Mdsx High 0.10 16.39 602.14-0.77 15.52 570.17 Mdsx Average 0.02 -0.0216.30 599.01-0.79-0.8515.50 569.62 Hensall 0.10 16.39 602.14-0.80 15.49 569.07 Bruce 0.10 16.39 602.14-0.80 15.49 569.07 Putnam 0.10 16.39 602.14-0.80 15.49 569.07 Burford -0.07 16.22 595.89-0.77 15.52 570.17 Port Perry -0.10 16.19 594.79-0.80 15.49 569.07 Norfolk 0.19 16.48 605.44-0.70 15.59 572.74 Palmerston 0.20 16.49 605.81-0.75 15.54 570.91 Varna 0.20 16.49 605.81-0.70 15.59 572.74 Trenton -0.27 16.02 588.54-0.65 15.64 574.58 Winchester -0.28 16.01 588.17-0.63 15.66 575.31 North Gower 0.04 16.33 599.93-0.63 15.66 575.31 Huron FOB 0.20 16.49 605.81-0.70 15.59 572.74 Kent FOB 0.16 16.45 604.34-0.75 15.54 570.91 Lambton FOB 0.16 16.45 604.34-0.75 15.54 570.91 Middlesex FOB0.14 N/A N/A N/A 16.43 603.61-0.61 15.68 576.05 PROCESSORS Hamilton 0.55 0.35 -0.20-0.20 16.84 618.67-0.20 16.09 591.11 Windsor 0.20 N/A N/A N/A 16.49 605.81-0.48 15.81 580.83 Winchester N/A N/A TRANSFER Hamilton 0.35 N/A N/A N/A 16.64 611.32-0.20 16.09 591.11 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.20 16.09 591.11-0.15 16.14 592.95 Toledo El. 0.27 16.56 608.41-0.23 16.06 589.98 Bank of Canada Noon exchange rate was 0.9986 down 0.0076 Chicago wheat closed higher. SEP12 HI 9.07 JUL13 HI 8.50 LOW 8.60 1/2 LOW 8.24 CLOSE 8.91 1/4 Up 26 1/4 CLOSE 8.48 1/4 Up 21 1/4 Minni wheat closed moderately higher. SEP12 HI 9.59 1/2 SEP13 HI 9.50 LOW 9.23 1/2 LOW 9.19 CLOSE 9.44 1/2 Up 18 CLOSE 9.39 1/4 Up 12 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.23 0.02 -0.58 -0.58 CAD $/bu 8.68 8.93 8.33 8.87 CAD $/tonne 319.03 328.23 306.14 325.75 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 -0.45 -0.95 N/A -0.50 -0.55 -1.06 N/A Hensall -0.50 N/A -1.00 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 -1.00 N/A N/A N/A -1.19 N/A Norwich -0.50 N/A -1.00 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 -1.00 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 -0.55 -1.00 N/A -0.50 -0.70 -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 -0.85 N/A N/A N/A -0.65 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 0.37 0.72 0.12N/A N/A 0.63 0.13N/A Toledo El. 8.86US 8.88CA 8.45US 8.48CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.27 0.03 -0.62 -0.82 CAD $/bu 8.21 8.51 7.86 8.57 CAD $/tonne 301.77 312.84 288.86 315.05 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 335.00 - 350.00 Bayport Oats 325.00 Bayport Barley 325.00 FOB Hm Soymeal 619.40 - 635.93 DDG's FOB Srn, Wndr, Aylm 275.00 - 305.00