FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, December 5 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9912 down 0.0015 Chicago corn closed slightly higher. MAR13 HI 7.59 1/4 DEC13 HI 6.47 LOW 7.50 1/4 LOW 6.40 CLOSE7.57 3/4 Up 5 3/4 CLOSE 6.45 1/2 Up 3 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR13+MAR13+MAY13 CK Low -0.70 6.88 270.76 -0.75 5.71 224.60 CK High -0.65 6.93 272.72 -0.70 5.76 226.56 CK Avg -0.66 -0.59 6.92 272.40 -0.73 -0.71 5.73 225.58 Essex Cty -0.65 6.93 272.72 -0.75 5.71 224.60 Mdsx Low -0.65 6.93 272.72 -0.70 5.76 226.56 Mdsx High -0.65 6.93 272.72 -0.70 5.76 226.56 Mdsx Avg -0.65 -0.59 6.93 272.72 -0.70 -0.69 5.76 226.56 Hensall -0.65 6.93 272.72 -0.70 5.76 226.56 Bruce -0.65 6.93 272.72 -0.70 5.76 226.56 Putnam -0.65 6.93 272.72 -0.70 5.76 226.56 Burford -0.60 6.98 274.69 -0.70 5.76 226.56 Port Perry -0.65 6.93 272.72 -0.70 5.76 226.56 Norfolk -0.65 6.93 272.72 -0.75 5.71 224.60 Palmerston -0.65 6.93 272.72 -0.75 5.71 224.60 Varna -0.65 6.93 272.72 -0.70 5.76 226.56 Trenton -0.60 6.98 274.69 -0.70 5.76 226.56 Winchester -0.30 7.28 286.50 -0.75 5.71 224.60 North Gower -0.40 7.18 282.57 -0.80 5.66 222.63 Huron FOB -0.65 6.93 272.72 -0.70 5.76 226.56 Kent FOB -0.65 6.93 272.72 -0.75 5.71 224.60 Lamb FOB -0.65 6.93 272.72 -0.75 5.71 224.60 Mdsx FOB -0.65 -0.60 -0.55N/A 6.93 272.72 -0.70 5.76 226.56 FOB SW Que -0.35 7.23 284.53 -0.50 5.96 234.44 Track -0.28 7.30 287.49N/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 N/A N/A N/A -0.35 N/A Sarn-Eth -0.60 -0.30 -0.30 -0.30 6.98 274.69N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A N/A N/A -0.50 5.96 234.44 Pt.Colb-Cas N/A N/A N/A N/A -0.45 6.01 236.41 Cardnl-Cas N/A N/A N/A 0.15 -0.40 6.06 238.37 W O Feed -0.29 -0.28 7.29 286.90 US Rep 0.45 0.46 8.03 316.03 Toledo El. -0.01 7.57 297.92 -0.28 6.18 243.12 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.70 5.76226 4/7 Hamilton -0.60 6.98274 2/3 -0.56 5.90232 MID SD CRN -0.67 1/2 6.90 1/4 HI SD CRN -0.65 6.92 3/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9912 down 0.0015 Chicago soybeans closed moderately higher to higher. JAN13 HI 14.79 3/4 NOV13 HI 13.32 1/4 LOW 14.53 1/2 LOW 13.10 1/2 CLOSE14.79 1/4 Up 23 3/4 CLOSE 13.32 Up 17 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR13 CK Low -0.85 13.94 512.30-0.95 12.37 454.52 CK High -0.80 13.99 514.14-0.90 12.42 456.36 CK Average -0.81 -0.6813.98 513.83-0.93-0.9112.39 455.19 Essex Cty -0.57 14.22 522.59-0.87 12.45 457.46 Mdsx Low -0.75 14.04 515.97-0.91 12.41 455.99 Mdsx High -0.75 14.04 515.97-0.90 12.42 456.36 Mdsx Average -0.75 -0.6214.04 515.97-0.91-0.8812.42 456.17 Hensall -0.78 14.02 515.05-0.90 12.42 456.36 Bruce -0.75 14.04 515.97-0.90 12.42 456.36 Putnam -0.80 13.99 514.14-0.95 12.37 454.52 Burford -0.75 14.04 515.97-0.91 12.41 455.99 Port Perry -0.78 14.01 514.87-0.94 12.38 454.89 Norfolk -0.75 14.04 515.97-0.90 12.42 456.36 Palmerston -0.80 13.99 514.14-0.90 12.42 456.36 Varna -0.80 13.99 514.14-0.90 12.42 456.36 Trenton -0.78 14.01 514.87-0.85 12.47 458.19 Winchester -0.65 14.14 519.65-0.70 12.62 463.71 North Gower -0.54 14.25 523.69-0.93 12.39 455.25 Huron FOB -0.70 14.09 517.81-0.80 12.52 460.03 Kent FOB -0.80 13.99 514.14-0.95 12.37 454.52 Lambton FOB -0.80 13.99 514.14-0.95 12.37 454.52 Middlesex FOB-0.47 N/A N/A N/A 14.32 526.26-0.77 12.55 461.13 PROCESSORS Hamilton -0.20-0.30-0.30-0.25 14.59 536.18-0.45 12.87 472.89 Windsor -0.35-0.34-0.32-0.31 14.44 530.67-0.64 12.68 465.91 Winchester N/A N/A TRANSFER Hamilton -0.14 N/A N/A N/A 14.65 538.39-0.40 12.92 474.73 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.25 15.04 552.72-0.26 13.06 479.87 Toledo El. -0.16 14.63 537.70-0.33 12.99 477.32 Bank of Canada Noon exchange rate was 0.9912 down 0.0015 Chicago wheat closed slightly higher. MAR13 HI 8.63 1/2 JUL13 HI 8.72 3/4 LOW 8.52 1/2 LOW 8.62 1/4 CLOSE 8.60 Up 3 1/2 CLOSE 8.69 1/2 Up 3 1/4 Minni wheat closed slightly higher. MAR13 HI 9.36 1/4 SEP13 HI 9.43 3/4 LOW 9.27 1/2 LOW 9.35 1/2 CLOSE 9.32 1/4 Up 3 CLOSE 9.40 Up 4 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.67 -0.57 -1.02 -1.02 CAD $/bu 7.93 8.03 7.58 8.30 CAD $/tonne 291.44 295.09 278.69 305.01 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 N/A -1.20 N/A N/A -0.95 -1.25 N/A London -0.95 -0.95 -1.20 N/A -0.96 -0.96 -1.25 N/A Hensall -0.85 N/A -1.20 N/A -0.75 N/A -1.25 N/A Trenton N/A N/A N/A N/A N/A N/A -1.40 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.05 Essex N/A N/A -1.29 N/A N/A N/A -1.28 N/A Norwich -0.85 N/A -1.20 N/A -0.75 N/A -1.25 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.95 N/A -1.25 N/A -0.80 N/A -1.25 N/A Chatham N/A -0.95 -1.20 N/A N/A -0.94 -1.24 N/A Brigden N/A -0.95 -1.20 N/A N/A -0.94 -1.24 N/A Palmerston N/A -0.80 -1.21 -0.89 N/A -0.85 -1.26 -1.03 Varna -0.80 -0.90 -1.05 N/A -0.70 -1.05 -1.15 N/A Mitchell -0.95 -1.05 -1.20 N/A -0.75 -1.05 -1.25 N/A Thornton N/A N/A N/A -1.67 N/A N/A N/A N/A North Gower N/A N/A N/A -1.01 N/A N/A N/A -0.98 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.72 N/A N/A N/A -0.90 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 N/A -0.17N/A 0.38N/A -0.22N/A Toledo El. 8.26US 8.19CA 8.47US 8.45CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.52 -0.42 -0.96 -0.97 CAD $/bu 8.18 8.28 7.73 8.43 CAD $/tonne 300.54 304.21 284.04 309.90 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 365.00 Bayport Oats 335.00 Bayport Barley 310.00 FOB Hm Soymeal 528.24 - 530.44 DDG's FOB Srn, Wndr, Aylm 250.00 - 270.00