FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, August 8 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9947 down 0.0017 Chicago corn closed higher. SEP12 HI 8.11 3/4 DEC12 HI 8.17 1/4 LOW 7.87 3/4 LOW 7.92 1/2 CLOSE8.10 3/4 Up 14 3/4 CLOSE 8.16 1/2 Up 16 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 7.81 307.37 -0.70 7.47 293.88 CK High -0.20 7.91 311.30 -0.60 7.57 297.82 CK Avg -0.22 -0.18 7.89 310.65 -0.67 -0.65 7.50 295.20 Essex Cty -0.30 7.81 307.37 -0.70 7.47 293.88 Mdsx Low -0.20 7.91 311.30 -0.70 7.47 293.88 Mdsx High -0.20 7.91 311.30 -0.70 7.47 293.88 Mdsx Avg -0.20 -0.16 7.91 311.30 -0.70 -0.68 7.47 293.88 Hensall -0.20 7.91 311.30 -0.68 7.49 294.87 Bruce -0.20 7.91 311.30 -0.70 7.47 293.88 Putnam -0.20 7.91 311.30 -0.70 7.47 293.88 Burford -0.20 7.91 311.30 -0.70 7.47 293.88 Port Perry -0.20 7.91 311.30 -0.90 7.27 286.01 Norfolk -0.20 7.91 311.30 -0.70 7.47 293.88 Palmerston -0.20 7.91 311.30 -0.80 7.37 289.95 Varna -0.20 7.91 311.30 -0.65 7.52 295.85 Trenton 0.10 8.21 323.11 -0.70 7.47 293.88 Winchester 0.15 8.26 325.08 -0.50 7.67 301.76 North Gower 0.30 8.41 330.99 -0.70 7.47 293.88 Huron FOB -0.30 7.81 307.37 -0.65 7.52 295.85 Kent FOB -0.20 7.91 311.30 -0.70 7.47 293.88 Lamb FOB -0.20 7.91 311.30 -0.70 7.47 293.88 Mdsx FOB 0.00N/A N/A N/A 8.11 319.18 -0.70 7.47 293.88 FOB SW Que 0.35 8.46 332.96 -0.60 7.57 297.82 Track 0.20 8.31 327.05N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth -0.30 -0.10 -0.75 -0.75 7.81 307.37 -0.75 7.42 291.92 Sarn-Eth N/A -0.20 -0.55 -0.55 -0.55 7.62 299.79 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A -0.45 -0.40 -0.35 7.82 307.66 Pt.Colb-Cas N/A 0.60 -0.40 -0.35 -0.30 7.87 309.63 Cardnl-Cas N/A 0.65 -0.40 -0.35 -0.30 7.87 309.63 W O Feed 0.28 0.29 8.39 330.20 US Rep 0.65 0.66 8.76 344.77 Toledo El. 0.17 8.28 325.84 0.07 8.23 324.19 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A -0.66 7.51295 1/2 MID SD CRN -0.65 1 7.51 1/2 HI SD CRN -0.60 7.56 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9947 down 0.0017 Chicago soybeans closed slightly to moderately higher. NOV12 HI 15.83 NOV12 HI 15.83 LOW 15.55 1/4 LOW 15.55 1/4 CLOSE15.81 1/4 Up 15 1/2 CLOSE 15.81 1/4 Up 15 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV12 CK Low -0.30 15.51 569.99-0.85 14.96 549.78 CK High 0.10 15.91 584.68-0.70 15.11 555.29 CK Average -0.04 0.04 15.78 579.72-0.80-0.7615.02 551.74 Essex Cty -0.09 15.72 577.70-0.82 14.99 550.88 Mdsx Low -0.12 15.69 576.60-0.82 14.99 550.88 Mdsx High 0.05 15.86 582.85-0.80 15.01 551.61 Mdsx Average -0.04 0.04 15.78 579.72-0.81-0.7715.00 551.25 Hensall 0.08 15.89 583.77-0.80 15.01 551.61 Bruce 0.05 15.86 582.85-0.80 15.01 551.61 Putnam 0.05 15.86 582.85-0.80 15.01 551.61 Burford -0.07 15.74 578.44-0.82 14.99 550.88 Port Perry -0.10 15.71 577.34-0.85 14.96 549.78 Norfolk 0.00 15.81 581.01-0.78 15.03 552.35 Palmerston 0.10 15.91 584.68-0.80 15.01 551.61 Varna 0.10 15.91 584.68-0.80 15.01 551.61 Trenton -0.38 15.43 567.05-0.74 15.07 553.82 Winchester -0.43 15.38 565.21-0.69 15.12 555.66 North Gower -0.39 15.42 566.68-0.63 15.18 557.86 Huron FOB 0.20 16.01 588.36-0.70 15.11 555.29 Kent FOB -0.03 15.78 579.91-0.83 14.98 550.51 Lambton FOB -0.03 15.78 579.91-0.83 14.98 550.51 Middlesex FOB-0.16 N/A N/A N/A 15.65 575.13-0.71 15.10 554.92 PROCESSORS Hamilton 0.20 0.20 -0.35-0.35 16.01 588.36-0.35 15.46 568.15 Windsor 0.13 N/A N/A N/A 15.94 585.79-0.59 15.22 559.33 Winchester -0.18 15.63 574.40-0.53 15.28 561.54 TRANSFER Hamilton 0.35 N/A N/A N/A 16.16 593.87-0.25 15.56 571.82 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.20 15.61 573.66-0.15 15.66 575.50 Toledo El. 0.27 16.08 590.89-0.23 15.58 572.58 Bank of Canada Noon exchange rate was 0.9947 down 0.0017 Chicago wheat closed mixed. SEP12 HI 9.02 3/4 JUL13 HI 8.57 3/4 LOW 8.69 1/4 LOW 8.37 CLOSE 8.99 1/4 Up 10 1/4 CLOSE 8.42 3/4 Down 7 Minni wheat closed slightly to moderately higher. SEP12 HI 9.50 SEP13 HI 9.57 1/2 LOW 9.24 1/2 LOW 9.30 CLOSE 9.45 1/4 Up 9 CLOSE 9.52 3/4 Up 13 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.29 -0.04 -0.64 -0.64 CAD $/bu 8.70 8.95 8.35 8.81 CAD $/tonne 319.76 328.90 306.96 323.78 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 -0.52 -1.00 N/A N/A -0.59 -1.12 N/A London -0.50 -0.45 -1.00 N/A -0.63 -0.53 -1.08 N/A Hensall -0.50 N/A -1.00 N/A -0.50 N/A -1.00 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 -1.08 N/A N/A N/A -1.22 N/A Norwich -0.50 N/A -1.00 N/A -0.50 N/A -1.00 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 -0.52 -1.02 N/A N/A -0.59 -1.12 N/A Brigden N/A -0.52 -1.02 N/A N/A -0.59 -1.12 N/A Palmerston N/A -0.51 -0.93 -1.01 N/A -0.71 -0.99 -1.11 Varna -0.50 -0.50 -0.95 N/A -0.50 -0.50 -1.00 N/A Mitchell -0.50 -0.55 -1.00 N/A -0.50 -0.70 -1.00 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 0.31 0.66 0.06N/A N/A 0.58 0.08N/A Toledo El. 8.94US 8.90CA 8.40US 8.38CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.32 -0.02 -0.67 -0.87 CAD $/bu 8.11 8.41 7.76 8.66 CAD $/tonne 297.95 308.95 285.12 318.11 (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 608.60 - 621.82 DDG's FOB Srn, Wndr, Aylm 285.00 - 315.00