FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, August 15 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9891 down 0.0023 Chicago corn closed higher. SEP12 HI 7.96 1/4 DEC12 HI 8.06 LOW 7.78 LOW 7.87 CLOSE7.94 Up 14 1/4 CLOSE 8.04 Up 15 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 -0.70 7.34 288.96 CK High -0.25 7.69 302.74 -0.65 7.39 290.93 CK Avg -0.28 -0.20 7.66 301.56 -0.66 -0.59 7.38 290.54 Essex Cty -0.30 7.64 300.77 -0.65 7.39 290.93 Mdsx Low -0.30 7.64 300.77 -0.70 7.34 288.96 Mdsx High -0.25 7.69 302.74 -0.70 7.34 288.96 Mdsx Avg -0.28 -0.19 7.67 301.76 -0.70 -0.63 7.34 288.96 Hensall -0.25 7.69 302.74 -0.68 7.37 289.95 Bruce -0.25 7.69 302.74 -0.70 7.34 288.96 Putnam -0.25 7.69 302.74 -0.70 7.34 288.96 Burford -0.30 7.64 300.77 -0.70 7.34 288.96 Port Perry -0.25 7.69 302.74 -0.85 7.19 283.06 Norfolk -0.27 7.67 301.95 -0.68 7.36 289.75 Palmerston -0.25 7.69 302.74 -0.80 7.24 285.03 Varna -0.25 7.69 302.74 -0.65 7.39 290.93 Trenton 0.15 8.09 318.49 -0.75 7.29 286.99 Winchester 0.20 8.14 320.46 -0.50 7.54 296.84 North Gower 0.30 8.24 324.39 -0.70 7.34 288.96 Huron FOB -0.25 7.69 302.74 -0.60 7.44 292.90 Kent FOB -0.27 7.67 301.95 -0.65 7.39 290.93 Lamb FOB -0.27 7.67 301.95 -0.65 7.39 290.93 Mdsx FOB -0.10N/A N/A N/A 7.84 308.65 -0.70 7.34 288.96 FOB SW Que 0.48 8.42 331.48 -0.60 7.44 292.90 Track 0.15 8.09 318.49N/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 7.64 300.77 -0.75 7.29 286.99 Sarn-Eth N/A -0.20 -0.55 -0.55 -0.55 7.49 294.87 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A -0.45 -0.50 -0.35 7.69 302.74 Pt.Colb-Cas N/A N/A -0.40 -0.45 -0.30 7.74 304.71 Cardnl-Cas N/A N/A -0.40 -0.40 -0.30 7.74 304.71 W O Feed 0.26 0.27 8.20 322.82 US Rep 0.65 0.66 8.59 338.17 Toledo El. 0.17 8.11 319.21 0.07 8.11 319.25 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A -0.70 7.34289 MID SD CRN -0.67 1/2 7.36 1/2 HI SD CRN -0.65 7.391 *Wet Bid Bank of Canada Noon exchange rate was 0.9891 down 0.0023 Chicago soybeans closed slightly higher to higher. NOV12 HI 16.36 NOV12 HI 16.36 LOW 15.97 1/4 LOW 15.97 1/4 CLOSE16.34 1/2 Up 36 1/2 CLOSE 16.34 1/2 Up 36 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 16.19 594.70-0.91 15.44 567.14 CK High -0.07 16.28 598.00-0.80 15.55 571.18 CK Average -0.12 0.05 16.22 596.11-0.87-0.7415.48 568.67 Essex Cty 0.00 16.35 600.58-0.91 15.44 567.14 Mdsx Low -0.14 16.21 595.43-0.89 15.46 567.87 Mdsx High -0.05 16.30 598.74-0.85 15.50 569.34 Mdsx Average -0.10 0.08 16.25 597.09-0.87-0.7415.48 568.61 Hensall -0.03 16.32 599.66-0.85 15.50 569.34 Bruce 0.05 16.40 602.41-0.85 15.50 569.34 Putnam -0.10 16.25 596.90-0.80 15.55 571.18 Burford -0.09 16.26 597.27-0.89 15.46 567.87 Port Perry -0.12 16.23 596.17-0.92 15.43 566.77 Norfolk -0.13 16.22 595.80-0.75 15.60 573.02 Palmerston 0.00 16.35 600.58-0.85 15.50 569.34 Varna 0.00 16.35 600.58-0.85 15.50 569.34 Trenton -0.47 15.88 583.31-0.71 15.64 574.49 Winchester -0.52 15.83 581.47-0.76 15.59 572.65 North Gower -0.44 15.91 584.41-0.83 15.52 570.08 Huron FOB 0.10 16.45 604.25-0.75 15.60 573.02 Kent FOB -0.16 16.19 594.70-0.80 15.55 571.18 Lambton FOB -0.16 16.19 594.70-0.80 15.55 571.18 Middlesex FOB-0.28 N/A N/A N/A 16.07 590.29-0.81 15.54 570.81 PROCESSORS Hamilton 0.10 0.10 -0.45-0.45 16.45 604.25-0.45 15.90 584.04 Windsor 0.23 N/A N/A N/A 16.58 609.03-0.68 15.67 575.59 Winchester -0.42 15.93 585.14-0.66 15.69 576.33 TRANSFER Hamilton 0.00 N/A N/A N/A 16.35 600.58-0.45 15.90 584.04 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.25 16.10 591.39-0.20 16.15 593.23 Toledo El. 0.17 16.51 606.76-0.23 16.12 592.19 Bank of Canada Noon exchange rate was 0.9891 down 0.0023 Chicago wheat closed mixed. SEP12 HI 8.50 3/4 JUL13 HI 8.35 1/4 LOW 8.40 LOW 8.16 1/2 CLOSE 8.46 3/4 Up 7 CLOSE 8.20 3/4 Down 6 1/2 Minni wheat closed moderately higher. SEP12 HI 9.15 3/4 SEP13 HI 9.20 LOW 9.02 3/4 LOW 9.00 CLOSE 9.13 1/2 Up 10 3/4 CLOSE 9.18 3/4 Up 12 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.39 -0.14 -0.73 -0.79 CAD $/bu 8.08 8.33 7.74 8.35 CAD $/tonne 296.96 306.05 284.23 306.68 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 -0.54 -1.04 N/A N/A -0.61 -1.10 N/A London -0.45 -0.55 -1.05 N/A -0.55 -0.65 -1.10 N/A Hensall -0.65 N/A -1.05 N/A -0.65 N/A -1.10 N/A Trenton N/A N/A -1.10 N/A N/A N/A -1.15 N/A Winchester N/A N/A N/A -1.03 N/A N/A N/A N/A Essex N/A N/A -1.13 N/A N/A N/A -1.26 N/A Norwich -0.65 N/A -1.05 N/A -0.65 N/A -1.10 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.65 N/A -1.05 N/A -0.65 N/A -1.15 N/A Chatham N/A -0.54 -1.04 N/A N/A -0.61 -1.14 N/A Brigden N/A -0.54 -1.04 N/A N/A -0.61 -1.14 N/A Palmerston N/A -0.56 -0.98 -1.05 N/A -0.76 -1.04 -1.15 Varna -0.65 -0.60 -1.05 N/A -0.65 -0.70 -1.10 N/A Mitchell -0.65 -0.60 -1.05 N/A -0.65 -0.70 -1.10 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 -1.15 N/A N/A N/A -0.70 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A 0.60 -0.09N/A N/A 0.53 -0.07N/A Toledo El. 8.37US 8.28CA 8.18US 8.11CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.36 -0.07 -0.71 -0.92 CAD $/bu 7.84 8.14 7.50 8.27 CAD $/tonne 288.19 299.12 275.43 303.86 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 350.00 - 355.00 Bayport Oats 325.00 Bayport Barley 325.00 FOB Hm Soymeal 617.30 - 620.61 DDG's FOB Srn, Wndr, Aylm 290.00 - 315.00