FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 17 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9885 up 0.0004 Chicago corn closed narrowly mixed. SEP12 HI 8.04 1/2 DEC12 HI 8.13 1/4 LOW 7.93 1/2 LOW 8.03 CLOSE7.98 1/2 Up 3/4 CLOSE 8.07 1/4 Down 1/4 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 7.69 302.55 -0.70 7.37 290.24 CK High -0.30 7.69 302.55 -0.65 7.42 292.21 CK Avg -0.30 -0.22 7.69 302.55 -0.69 -0.62 7.38 290.57 Essex Cty -0.35 7.64 300.58 -0.70 7.37 290.24 Mdsx Low -0.30 7.69 302.55 -0.75 7.32 288.27 Mdsx High -0.30 7.69 302.55 -0.70 7.37 290.24 Mdsx Avg -0.30 -0.22 7.69 302.55 -0.73 -0.66 7.35 289.26 Hensall -0.28 7.71 303.53 -0.70 7.37 290.24 Bruce -0.30 7.69 302.55 -0.75 7.32 288.27 Putnam -0.30 7.69 302.55 -0.75 7.32 288.27 Burford -0.30 7.69 302.55 -0.70 7.37 290.24 Port Perry -0.25 7.74 304.51 -0.85 7.22 284.34 Norfolk -0.30 7.69 302.55 -0.70 7.37 290.24 Palmerston -0.25 7.74 304.51 -0.80 7.27 286.31 Varna -0.25 7.74 304.51 -0.65 7.42 292.21 Trenton 0.15 8.14 320.26 -0.75 7.32 288.27 Winchester 0.20 8.19 322.23 -0.50 7.57 298.12 North Gower 0.30 8.29 326.17 -0.70 7.37 290.24 Huron FOB -0.25 7.74 304.51 -0.60 7.47 294.18 Kent FOB -0.30 7.69 302.55 -0.70 7.37 290.24 Lamb FOB -0.30 7.69 302.55 -0.70 7.37 290.24 Mdsx FOB -0.10N/A N/A N/A 7.89 310.42 -0.70 7.37 290.24 FOB SW Que -0.40 7.59 298.61 -0.60 7.47 294.18 Track 0.13 8.11 319.28N/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 7.69 302.55 -0.75 7.32 288.27 Sarn-Eth N/A -0.20 -0.55 -0.55 -0.55 7.52 296.15 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A -0.45 -0.50 -0.35 7.72 304.02 Pt.Colb-Cas N/A N/A -0.40 -0.45 -0.30 7.77 305.99 Cardnl-Cas N/A N/A -0.40 -0.40 -0.30 7.77 305.99 W O Feed 0.26 0.27 8.25 324.59 US Rep 0.65 0.66 8.64 339.94 Toledo El. 0.17 8.15 320.98 0.07 8.14 320.53 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A -0.72 7.35289 1/2 MID SD CRN -0.67 1/2 7.39 3/4 HI SD CRN -0.65 7.42 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9885 up 0.0004 Chicago soybeans closed slightly to moderately higher. NOV12 HI 16.47 1/2 NOV12 HI 16.47 1/2 LOW 16.20 1/2 LOW 16.20 1/2 CLOSE16.45 3/4 Up 20 1/2 CLOSE 16.45 3/4 Up 20 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV12 CK Low -0.18 16.28 598.10-0.98 15.48 568.70 CK High 0.00 16.46 604.71-0.85 15.61 573.48 CK Average -0.12 0.06 16.34 600.48-0.92-0.7715.54 571.03 Essex Cty 0.19 16.65 611.69-0.92 15.54 570.91 Mdsx Low -0.19 16.27 597.73-0.90 15.56 571.64 Mdsx High -0.10 16.36 601.04-0.88 15.58 572.38 Mdsx Average -0.15 0.03 16.31 599.38-0.89-0.7515.57 572.01 Hensall -0.05 16.41 602.87-0.88 15.58 572.56 Bruce -0.10 16.36 601.04-0.90 15.56 571.64 Putnam -0.15 16.31 599.20-0.85 15.61 573.48 Burford -0.14 16.32 599.57-0.88 15.58 572.38 Port Perry -0.17 16.29 598.46-0.91 15.55 571.27 Norfolk -0.15 16.31 599.20-0.82 15.64 574.58 Palmerston 0.00 16.46 604.71-0.85 15.61 573.48 Varna 0.00 16.46 604.71-0.85 15.61 573.48 Trenton -0.47 15.99 587.44-0.71 15.75 578.62 Winchester -0.46 16.00 587.81-0.78 15.68 576.05 North Gower -0.49 15.97 586.71-0.88 15.58 572.38 Huron FOB 0.10 16.56 608.38-0.75 15.71 577.15 Kent FOB -0.18 16.28 598.10-0.87 15.59 572.74 Lambton FOB -0.18 16.28 598.10-0.87 15.59 572.74 Middlesex FOB-0.32 N/A N/A N/A 16.14 592.95-0.85 15.61 573.48 PROCESSORS Hamilton 0.10 0.10 -0.45-0.45 16.56 608.38-0.45 16.01 588.17 Windsor 0.42 N/A N/A N/A 16.88 620.14-0.69 15.77 579.36 Winchester -0.45 16.01 588.17-0.70 15.76 578.99 TRANSFER Hamilton -0.47 N/A N/A N/A 15.99 587.44-0.47 15.99 587.44 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.25 16.21 595.52-0.20 16.26 597.36 Toledo El. N/A -0.23 16.23 596.33 Bank of Canada Noon exchange rate was 0.9885 up 0.0004 Chicago wheat closed slightly to moderately higher. SEP12 HI 8.80 JUL13 HI 8.43 3/4 LOW 8.61 LOW 8.32 3/4 CLOSE 8.74 1/2 Up 12 3/4 CLOSE 8.42 1/2 Up 9 3/4 Minni wheat closed slightly higher. SEP12 HI 9.37 3/4 SEP13 HI 9.42 LOW 9.19 3/4 LOW 9.29 CLOSE 9.27 1/2 Up 6 CLOSE 9.34 Up 7 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.44 -0.19 -0.74 -0.84 CAD $/bu 8.31 8.55 8.01 8.43 CAD $/tonne 305.20 314.29 294.29 309.92 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 -0.60 -1.05 N/A N/A -0.65 -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 -0.58 -1.08 N/A N/A -0.65 -1.18 N/A Brigden N/A -0.58 -1.08 N/A N/A -0.65 -1.18 N/A Palmerston N/A -0.58 -1.00 -1.09 N/A -0.77 -1.05 -1.19 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 -1.19 N/A N/A N/A -0.53 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 0.50 -0.19N/A N/A 0.52 -0.07N/A Toledo El. 8.65US 8.55CA 8.40US 8.32CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.37 -0.07 -0.72 -0.92 CAD $/bu 8.05 8.35 7.71 8.42 CAD $/tonne 295.97 306.90 283.22 309.26 (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 330.00 FOB Hm Soymeal 620.28 - 623.59 DDG's FOB Srn, Wndr, Aylm 290.00 - 315.00