FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, August 7 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9964 down 0.0034 Chicago corn closed slightly to moderately lower. SEP12 HI 8.07 1/4 DEC12 HI 8.10 LOW 7.92 1/4 LOW 7.95 CLOSE7.96 Down 7 CLOSE 8.00 1/2 Down 4 1/2 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 7.66 301.56 -0.70 7.31 287.59 CK High -0.15 7.81 307.47 -0.60 7.41 291.52 CK Avg -0.20 -0.18 7.76 305.50 -0.65 -0.65 7.36 289.55 Essex Cty -0.30 7.66 301.56 -0.65 7.36 289.55 Mdsx Low -0.20 7.76 305.50 -0.70 7.31 287.59 Mdsx High -0.20 7.76 305.50 -0.70 7.31 287.59 Mdsx Avg -0.20 -0.18 7.76 305.50 -0.70 -0.70 7.31 287.59 Hensall -0.20 7.76 305.50 -0.68 7.33 288.57 Bruce -0.20 7.76 305.50 -0.70 7.31 287.59 Putnam -0.20 7.76 305.50 -0.70 7.31 287.59 Burford -0.20 7.76 305.50 -0.70 7.31 287.59 Port Perry -0.20 7.76 305.50 -0.90 7.11 279.71 Norfolk -0.15 7.81 307.47 -0.65 7.36 289.55 Palmerston -0.20 7.76 305.50 -0.80 7.21 283.65 Varna -0.20 7.76 305.50 -0.65 7.36 289.55 Trenton 0.10 8.06 317.31 -0.70 7.31 287.59 Winchester 0.15 8.11 319.28 -0.50 7.51 295.46 North Gower 0.30 8.26 325.18 -0.70 7.31 287.59 Huron FOB -0.30 7.66 301.56 -0.65 7.36 289.55 Kent FOB -0.15 7.81 307.47 -0.65 7.36 289.55 Lamb FOB -0.15 7.81 307.47 -0.65 7.36 289.55 Mdsx FOB 0.00N/A N/A N/A 7.96 313.37 -0.70 7.31 287.59 FOB SW Que 0.35 8.31 327.15 -0.60 7.41 291.52 Track 0.20 8.16 321.25N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.80 7.21 283.65 Jhnstwn-Eth N/A N/A N/A N/A -0.75 7.26 285.62 Aylmer-Eth -0.30 -0.10 -0.75 -0.75 7.66 301.56 -0.75 7.26 285.62 Sarn-Eth N/A 0.00 -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 -0.45 -0.40 -0.35 7.66 301.36 Pt.Colb-Cas N/A 0.60 -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 0.31 0.31 8.27 325.58 US Rep 0.75 0.75 8.71 342.90 Toledo El. 0.17 8.13 320.05 0.07 8.07 317.90 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A -0.66 7.35289 1/6 MID SD CRN -0.65 1 7.35 1/2 HI SD CRN -0.60 7.40 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9964 down 0.0034 Chicago soybeans closed slightly to moderately lower. NOV12 HI 16.05 1/2 NOV12 HI 16.05 1/2 LOW 15.62 LOW 15.62 CLOSE15.65 3/4 Down 18 1/2 CLOSE 15.65 3/4 Down 18 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV12 CK Low -0.08 15.58 572.38-0.88 14.78 542.98 CK High 0.10 15.76 578.99-0.70 14.96 549.59 CK Average 0.03 0.06 15.69 576.42-0.80-0.8014.85 545.80 Essex Cty -0.06 15.60 573.11-0.89 14.77 542.61 Mdsx Low -0.11 15.55 571.27-0.81 14.85 545.55 Mdsx High 0.10 15.76 578.99-0.80 14.86 545.92 Mdsx Average -0.01 0.03 15.65 575.13-0.81-0.8014.85 545.74 Hensall 0.10 15.76 578.99-0.80 14.86 545.92 Bruce 0.10 15.76 578.99-0.80 14.86 545.92 Putnam 0.05 15.71 577.15-0.80 14.86 545.92 Burford -0.06 15.60 573.11-0.81 14.85 545.55 Port Perry -0.09 15.57 572.01-0.84 14.82 544.45 Norfolk 0.06 15.72 577.52-0.83 14.83 544.82 Palmerston 0.10 15.76 578.99-0.80 14.86 545.92 Varna 0.20 15.86 582.66-0.70 14.96 549.59 Trenton -0.27 15.39 565.39-0.65 15.01 551.43 Winchester -0.28 15.38 565.03-0.63 15.03 552.17 North Gower -0.04 15.62 573.84-0.63 15.03 552.17 Huron FOB 0.20 15.86 582.66-0.70 14.96 549.59 Kent FOB 0.03 15.69 576.42-0.88 14.78 542.98 Lambton FOB 0.03 15.69 576.42-0.88 14.78 542.98 Middlesex FOB0.10 N/A N/A N/A 15.76 578.99-0.50 15.16 556.94 PROCESSORS Hamilton 0.20 0.20 -0.35-0.35 15.86 582.66-0.35 15.31 562.45 Windsor 0.17 N/A N/A N/A 15.83 581.56-0.66 15.00 551.06 Winchester -0.18 15.48 568.70-0.53 15.13 555.84 TRANSFER Hamilton 0.35 N/A N/A N/A 16.01 588.17-0.25 15.41 566.13 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.20 15.46 567.97-0.15 15.51 569.80 Toledo El. 0.27 15.93 585.21-0.23 15.43 566.87 Bank of Canada Noon exchange rate was 0.9964 down 0.0034 Chicago wheat closed slightly lower. SEP12 HI 9.04 1/2 JUL13 HI 8.60 LOW 8.83 1/2 LOW 8.41 CLOSE 8.89 Down 4 1/4 CLOSE 8.49 3/4 Down 5 3/4 Minni wheat closed slightly lower. SEP12 HI 9.47 3/4 SEP13 HI 9.44 LOW 9.30 LOW 9.31 CLOSE 9.36 1/4 Down 2 3/4 CLOSE 9.39 Down 1 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.27 -0.02 -0.62 -0.62 CAD $/bu 8.62 8.87 8.27 8.74 CAD $/tonne 316.80 325.97 303.97 321.29 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 -0.50 -1.00 N/A N/A -0.57 -1.10 N/A London -0.45 -0.50 -0.95 N/A -0.50 -0.60 -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 -1.02 N/A N/A N/A -1.20 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 -0.50 -1.00 N/A N/A -0.57 -1.10 N/A Brigden N/A -0.50 -1.00 N/A N/A -0.57 -1.10 N/A Palmerston N/A -0.51 -0.93 -1.01 N/A -0.71 -0.99 -1.11 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 -0.80 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 0.33 0.68 0.08N/A N/A 0.60 0.10N/A Toledo El. 8.84US 8.82CA 8.47US 8.46CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.30 0.00 -0.65 -0.85 CAD $/bu 8.19 8.49 7.84 8.54 CAD $/tonne 301.06 312.07 288.20 313.63 (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 599.23 - 612.45 DDG's FOB Srn, Wndr, Aylm 275.00 - 315.00