FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 18 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9854 up 0.0013 Chicago corn closed mixed. MAR13 HI 7.25 3/4 DEC13 HI 6.25 LOW 7.15 1/4 LOW 6.17 CLOSE7.20 Down 4 CLOSE 6.23 Up 1 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 6.50 255.89 -0.75 5.48 215.74 CK High -0.60 6.60 259.83 -0.70 5.53 217.71 CK Avg -0.67 -0.56 6.53 257.21 -0.74 -0.68 5.49 216.07 Essex Cty -0.60 6.60 259.83 -0.75 5.48 215.74 Mdsx Low -0.70 6.50 255.89 -0.75 5.48 215.74 Mdsx High -0.70 6.50 255.89 -0.75 5.48 215.74 Mdsx Avg -0.70 -0.59 6.50 255.89 -0.75 -0.69 5.48 215.74 Hensall -0.68 6.53 256.88 -0.73 5.51 216.72 Bruce -0.70 6.50 255.89 -0.75 5.48 215.74 Putnam -0.70 6.50 255.89 -0.75 5.48 215.74 Burford -0.70 6.50 255.89 -0.75 5.48 215.74 Port Perry -0.70 6.50 255.89 -0.75 5.48 215.74 Norfolk -0.60 6.60 259.83 -0.75 5.48 215.74 Palmerston -0.65 6.55 257.86 -0.70 5.53 217.71 Varna -0.65 6.55 257.86 -0.70 5.53 217.71 Trenton -0.60 6.60 259.83 -0.70 5.53 217.71 Winchester -0.25 6.95 273.61 -0.60 5.63 221.64 North Gower -0.35 6.85 269.67 -0.84 5.39 212.19 Huron FOB -0.60 6.60 259.83 -0.70 5.53 217.71 Kent FOB -0.65 6.55 257.86 -0.75 5.48 215.74 Lamb FOB -0.65 6.55 257.86 -0.75 5.48 215.74 Mdsx FOB -0.70 -0.65 -0.60N/A 6.50 255.89 -0.75 5.48 215.74 FOB SW Que -0.35 6.85 269.67 -0.50 5.73 225.58 Track -0.35 6.85 269.67N/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 6.60 259.83N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A N/A N/A -0.60 5.63 221.64 Pt.Colb-Cas N/A N/A N/A N/A -0.55 5.68 223.61 Cardnl-Cas N/A N/A N/A 0.10 -0.50 5.73 225.58 W O Feed -0.22 -0.21 6.98 274.79 US Rep 0.50 0.51 7.70 303.14 Toledo El. 0.02 7.22 284.23 -0.28 5.95 234.36 TRANSFER Sarnia N/A N/A Pt. Stanley -0.60 6.60 259.83 -0.75 5.48215 3/4 Hamilton -0.60 6.60259 5/6 -0.58 5.65222 3/7 MID SD CRN -0.65 1 6.55 HI SD CRN -0.60 6.60 *Wet Bid Bank of Canada Noon exchange rate was 0.9854 up 0.0013 Chicago soybeans closed slightly lower to lower. JAN13 HI 15.01 3/4 NOV13 HI 13.20 LOW 14.62 1/2 LOW 13.04 CLOSE14.66 Down 30 1/4 CLOSE 13.10 Down 9 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR13 CK Low -0.90 13.76 505.59-1.01 12.09 444.23 CK High -0.89 13.77 505.96-1.00 12.10 444.60 CK Average -0.90 -0.6813.76 505.72-1.00-0.8712.10 444.54 Essex Cty -0.66 14.00 514.41-0.94 12.16 446.80 Mdsx Low -0.85 13.81 507.43-0.98 12.12 445.33 Mdsx High -0.85 13.81 507.43-0.95 12.15 446.44 Mdsx Average -0.85 -0.6313.81 507.43-0.97-0.8312.14 445.88 Hensall -0.83 13.84 508.35-0.93 12.18 447.35 Bruce -0.85 13.81 507.43-0.95 12.15 446.44 Putnam -0.90 13.76 505.59-1.00 12.10 444.60 Burford -0.85 13.81 507.43-0.98 12.12 445.33 Port Perry -0.88 13.78 506.33-1.01 12.09 444.23 Norfolk -0.84 13.82 507.80-0.95 12.15 446.44 Palmerston -0.80 13.86 509.27-0.90 12.20 448.27 Varna -0.80 13.86 509.27-0.90 12.20 448.27 Trenton -0.90 13.76 505.59-0.95 12.15 446.44 Winchester -0.80 13.86 509.27-0.85 12.25 450.11 North Gower -0.84 13.82 507.80-1.07 12.03 442.03 Huron FOB -0.65 14.01 514.78-0.85 12.25 450.11 Kent FOB -0.89 13.77 505.96-1.00 12.10 444.60 Lambton FOB -0.89 13.77 505.96-1.00 12.10 444.60 Middlesex FOB-0.66-0.66-0.66-0.66 14.00 514.41-0.84 12.26 450.48 PROCESSORS Hamilton -0.30-0.40-0.40-0.40 14.36 527.64-0.55 12.55 461.13 Windsor -0.43-0.37-0.36-0.35 14.23 522.86-0.71 12.39 455.25 Winchester N/A N/A TRANSFER Hamilton -0.46 N/A N/A N/A 14.20 521.76-0.50 12.60 462.97 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.00 14.66 538.66-0.36 12.74 468.11 Toledo El. -0.08 14.58 535.77-0.33 12.77 469.34 Bank of Canada Noon exchange rate was 0.9854 up 0.0013 Chicago wheat closed slightly higher. MAR13 HI 8.14 1/4 JUL13 HI 8.32 1/4 LOW 8.01 1/2 LOW 8.19 1/2 CLOSE 8.11 1/4 Up 3 1/4 CLOSE 8.29 Up 1 3/4 Minni wheat closed narrowly mixed. MAR13 HI 9.04 1/2 SEP13 HI 9.20 3/4 LOW 8.95 1/2 LOW 9.12 CLOSE 8.98 1/4 Up 2 CLOSE 9.13 1/4 Down 1 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.71 -0.61 -0.86 -1.07 CAD $/bu 7.40 7.50 7.25 7.91 CAD $/tonne 271.98 275.60 266.55 290.81 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 -1.15 N/A N/A -1.00 -1.25 N/A London -0.95 -1.00 -1.20 N/A -0.95 -1.00 -1.25 N/A Hensall -0.80 N/A -1.15 N/A -0.75 N/A -1.25 N/A Trenton N/A N/A N/A N/A N/A N/A -1.35 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.05 Essex N/A N/A -1.32 N/A N/A N/A -1.23 N/A Norwich -0.80 N/A -1.15 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 -0.90 N/A -1.20 N/A -0.80 N/A -1.25 N/A Chatham N/A -0.99 -1.20 N/A N/A -0.98 -1.25 N/A Brigden N/A -0.99 -1.20 N/A N/A -0.98 -1.25 N/A Palmerston N/A -0.82 -1.21 -0.96 N/A -0.92 -1.32 -1.10 Varna -0.80 -0.90 -1.05 N/A -0.75 -1.10 -1.20 N/A Mitchell -0.80 -1.00 -1.15 N/A -0.75 -1.05 -1.25 N/A Thornton N/A N/A N/A -1.87 N/A N/A N/A N/A North Gower N/A N/A N/A -1.08 N/A N/A N/A -1.04 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 -0.97 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 -0.22N/A 0.31N/A -0.28N/A Toledo El. 7.85US 7.74CA 8.06US 7.98CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.58 -0.48 -1.03 -1.04 CAD $/bu 7.71 7.81 7.26 8.10 CAD $/tonne 283.26 286.90 266.90 297.53 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 370.00 Bayport Oats 345.00 Bayport Barley 315.00 FOB Hm Soymeal 540.25 - 542.46 DDG's FOB Srn, Wndr, Aylm 285.00 - 290.00