FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, December 7 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.989 down 0.0020 Chicago corn closed slightly lower to lower. MAR13 HI 7.52 3/4 DEC13 HI 6.44 1/4 LOW 7.35 LOW 6.34 3/4 CLOSE7.37 1/4 Down 14 1/4 CLOSE 6.37 3/4 Down 5 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 -0.65 6.72 264.65 -0.75 5.63 221.54 CK High -0.60 6.77 266.62 -0.70 5.68 223.51 CK Avg -0.64 -0.57 6.73 264.98 -0.72 -0.68 5.66 222.86 Essex Cty -0.65 6.72 264.65 -0.75 5.63 221.54 Mdsx Low -0.65 6.72 264.65 -0.70 5.68 223.51 Mdsx High -0.65 6.72 264.65 -0.70 5.68 223.51 Mdsx Avg -0.65 -0.58 6.72 264.65 -0.70 -0.67 5.68 223.51 Hensall -0.65 6.72 264.65 -0.70 5.68 223.51 Bruce -0.65 6.72 264.65 -0.70 5.68 223.51 Putnam -0.65 6.72 264.65 -0.70 5.68 223.51 Burford -0.65 6.72 264.65 -0.70 5.68 223.51 Port Perry -0.65 6.72 264.65 -0.70 5.68 223.51 Norfolk -0.60 6.77 266.62 -0.75 5.63 221.54 Palmerston -0.75 6.62 260.72 -0.85 5.53 217.61 Varna -0.65 6.72 264.65 -0.70 5.68 223.51 Trenton -0.60 6.77 266.62 -0.70 5.68 223.51 Winchester -0.25 7.12 280.40 -0.65 5.73 225.48 North Gower -0.40 6.97 274.50 -0.77 5.61 220.76 Huron FOB -0.60 6.77 266.62 -0.70 5.68 223.51 Kent FOB -0.65 6.72 264.65 -0.75 5.63 221.54 Lamb FOB -0.65 6.72 264.65 -0.75 5.63 221.54 Mdsx FOB -0.65 -0.60 -0.55N/A 6.72 264.65 -0.70 5.68 223.51 FOB SW Que -0.35 7.02 276.46 -0.55 5.83 229.42 Track -0.28 7.10 279.42N/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 6.77 266.62N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A N/A N/A -0.55 5.83 229.42 Pt.Colb-Cas N/A N/A N/A N/A -0.40 5.98 235.32 Cardnl-Cas N/A N/A N/A 0.15 -0.45 5.93 233.36 W O Feed -0.25 -0.24 7.12 280.40 US Rep 0.50 0.51 7.87 309.93 Toledo El. -0.01 7.36 289.85 -0.28 6.10 240.11 TRANSFER Sarnia N/A N/A Pt. Stanley -0.65 6.72 264.65N/A Hamilton -0.65 6.72264 2/3 -0.56 5.82229 MID SD CRN -0.62 1/2 6.74 3/4 HI SD CRN -0.60 6.77 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.989 down 0.0020 Chicago soybeans closed slightly to moderately lower. JAN13 HI 14.98 1/4 NOV13 HI 13.40 LOW 14.70 LOW 13.23 3/4 CLOSE14.72 1/4 Down 19 CLOSE 13.29 Down 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR13 CK Low -0.87 13.85 508.99-1.00 12.29 451.58 CK High -0.80 13.92 511.56-0.90 12.39 455.25 CK Average -0.84 -0.7013.89 510.22-0.97-0.8912.33 452.87 Essex Cty -0.59 14.13 519.28-0.88 12.41 455.99 Mdsx Low -0.82 13.90 510.83-0.97 12.32 452.68 Mdsx High -0.80 13.92 511.56-0.95 12.34 453.42 Mdsx Average -0.81 -0.6713.91 511.20-0.96-0.8912.33 453.05 Hensall -0.80 13.92 511.56-0.93 12.37 454.34 Bruce -0.80 13.92 511.56-0.95 12.34 453.42 Putnam -0.80 13.92 511.56-0.95 12.34 453.42 Burford -0.82 13.90 510.83-0.97 12.32 452.68 Port Perry -0.85 13.87 509.73-1.00 12.29 451.58 Norfolk -0.80 13.92 511.56-0.94 12.35 453.78 Palmerston -0.65 14.07 517.08-0.75 12.54 460.77 Varna -0.75 13.97 513.40-0.85 12.44 457.09 Trenton -0.81 13.91 511.20-0.85 12.44 457.09 Winchester -0.76 13.96 513.03-0.83 12.46 457.83 North Gower -0.70 14.02 515.24-0.98 12.31 452.32 Huron FOB -0.65 14.07 517.08-0.85 12.44 457.09 Kent FOB -0.85 13.87 509.73-0.99 12.30 451.95 Lambton FOB -0.85 13.87 509.73-0.99 12.30 451.95 Middlesex FOB-0.54 N/A N/A N/A 14.18 521.12-0.83 12.46 457.83 PROCESSORS Hamilton -0.25-0.35-0.35-0.35 14.47 531.77-0.50 12.79 469.95 Windsor -0.36-0.35-0.34-0.33 14.36 527.73-0.65 12.64 464.44 Winchester N/A N/A TRANSFER Hamilton -0.15-0.75 N/A N/A 14.57 535.45-0.43 12.86 472.52 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.20 14.92 548.31-0.30 12.99 477.30 Toledo El. -0.16 14.56 535.14-0.33 12.96 476.26 Bank of Canada Noon exchange rate was 0.989 down 0.0020 Chicago wheat closed narrowly mixed. MAR13 HI 8.64 3/4 JUL13 HI 8.75 1/2 LOW 8.52 3/4 LOW 8.64 3/4 CLOSE 8.61 Down 1 CLOSE 8.73 3/4 Up 3/4 Minni wheat closed slightly lower. MAR13 HI 9.37 1/2 SEP13 HI 9.44 3/4 LOW 9.29 3/4 LOW 9.38 1/2 CLOSE 9.34 Down 1 1/4 CLOSE 9.42 1/2 Down 1 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.68 -0.58 -1.02 -1.03 CAD $/bu 7.93 8.03 7.59 8.31 CAD $/tonne 291.55 295.19 278.81 305.38 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 -1.23 N/A N/A -1.00 -1.25 N/A London -0.99 -0.99 -1.24 N/A -0.99 -0.99 -1.29 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 -1.29 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 -0.99 -1.23 N/A N/A -0.98 -1.27 N/A Brigden N/A -0.99 -1.23 N/A N/A -0.98 -1.27 N/A Palmerston N/A -0.80 -1.21 -0.89 N/A -0.85 -1.26 -1.03 Varna -0.75 -0.85 -1.00 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 -1.75 N/A N/A N/A N/A North Gower N/A N/A N/A -1.02 N/A N/A N/A -0.99 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.90 N/A N/A N/A -0.87 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 -0.18N/A 0.35N/A -0.25N/A Toledo El. 8.27US 8.19CA 8.51US 8.46CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.55 -0.45 -0.99 -1.00 CAD $/bu 8.19 8.29 7.74 8.43 CAD $/tonne 301.02 304.67 284.58 309.70 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 365.00 Bayport Oats 345.00 Bayport Barley 325.00 FOB Hm Soymeal 526.36 - 527.46 DDG's FOB Srn, Wndr, Aylm 250.00 - 285.00