FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, December 20 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9883 up 0.0015 Chicago corn closed slightly to moderately lower. MAR13 HI 7.05 DEC13 HI 6.17 1/4 LOW 6.87 1/2 LOW 6.01 3/4 CLOSE6.96 1/2 Down 6 1/2 CLOSE 6.03 3/4 Down 9 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 6.27 246.64 -0.75 5.29 208.16 CK High -0.60 6.37 250.58 -0.70 5.34 210.13 CK Avg -0.64 -0.57 6.32 248.94 -0.74 -0.69 5.30 208.49 Essex Cty -0.65 6.32 248.61 -0.75 5.29 208.16 Mdsx Low -0.70 6.27 246.64 -0.75 5.29 208.16 Mdsx High -0.65 6.32 248.61 -0.75 5.29 208.16 Mdsx Avg -0.68 -0.60 6.29 247.63 -0.75 -0.70 5.29 208.16 Hensall -0.65 6.32 248.61 -0.73 5.31 209.14 Bruce -0.65 6.32 248.61 -0.75 5.29 208.16 Putnam -0.65 6.32 248.61 -0.75 5.29 208.16 Burford -0.70 6.27 246.64 -0.75 5.29 208.16 Port Perry -0.70 6.27 246.64 -0.75 5.29 208.16 Norfolk -0.60 6.37 250.58 -0.75 5.29 208.16 Palmerston -0.65 6.32 248.61 -0.70 5.34 210.13 Varna -0.65 6.32 248.61 -0.70 5.34 210.13 Trenton -0.60 6.37 250.58 -0.70 5.34 210.13 Winchester -0.25 6.72 264.36 -0.60 5.44 214.06 North Gower -0.35 6.62 260.42 -0.82 5.22 205.40 Huron FOB -0.60 6.37 250.58 -0.70 5.34 210.13 Kent FOB -0.60 6.37 250.58 -0.75 5.29 208.16 Lamb FOB -0.60 6.37 250.58 -0.75 5.29 208.16 Mdsx FOB -0.70 -0.65 -0.55 -0.55 6.27 246.64 -0.70 5.34 210.13 FOB SW Que -0.45 6.52 256.48 -0.55 5.49 216.03 Track -0.28 6.69 263.37N/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 6.37 250.58N/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 5.44 214.06 Pt.Colb-Cas N/A N/A N/A N/A -0.55 5.49 216.03 Cardnl-Cas N/A N/A N/A 0.10 -0.50 5.54 218.00 W O Feed -0.20 -0.19 6.77 266.33 US Rep 0.45 0.46 7.42 291.92 Toledo El. 0.02 6.98 274.98 -0.28 5.76 226.76 TRANSFER Sarnia N/A N/A Pt. Stanley -0.65 6.32 248.61 -0.75 5.29208 1/6 Hamilton -0.58 6.39251 3/8 -0.58 5.46214 6/7 MID SD CRN -0.65 1 6.31 1/2 HI SD CRN -0.60 6.36 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9883 up 0.0015 Chicago soybeans closed moderately lower to lower. JAN13 HI 14.41 1/4 NOV13 HI 13.06 LOW 14.02 3/4 LOW 12.83 1/2 CLOSE14.08 3/4 Down 28 1/4 CLOSE 12.87 3/4 Down 13 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR13 CK Low -0.90 13.19 484.56-1.00 11.88 436.42 CK High -0.83 13.26 487.13-1.00 11.88 436.42 CK Average -0.86 -0.7113.23 486.03-1.00-0.8911.88 436.42 Essex Cty -0.59 13.50 495.95-0.89 11.99 440.47 Mdsx Low -0.84 13.25 486.76-0.97 11.91 437.53 Mdsx High -0.80 13.29 488.23-0.95 11.93 438.26 Mdsx Average -0.82 -0.6713.27 487.50-0.96-0.8511.92 437.89 Hensall -0.80 13.29 488.23-0.93 11.95 439.18 Bruce -0.80 13.29 488.23-0.95 11.93 438.26 Putnam -0.85 13.24 486.39-1.00 11.88 436.42 Burford -0.84 13.25 486.76-0.97 11.91 437.53 Port Perry -0.87 13.22 485.66-1.00 11.88 436.42 Norfolk -0.78 13.31 488.97-0.95 11.93 438.26 Palmerston -0.80 13.29 488.23-0.90 11.98 440.10 Varna -0.80 13.29 488.23-0.90 11.98 440.10 Trenton -0.90 13.19 484.56-0.90 11.98 440.10 Winchester -0.80 13.29 488.23-0.85 12.03 441.93 North Gower -0.84 13.25 486.76-0.94 11.94 438.63 Huron FOB -0.65 13.44 493.74-0.85 12.03 441.93 Kent FOB -0.83 13.26 487.13-1.00 11.88 436.42 Lambton FOB -0.83 13.26 487.13-1.00 11.88 436.42 Middlesex FOB-0.68-0.68-0.68-0.68 13.41 492.64-0.83 12.05 442.67 PROCESSORS Hamilton -0.25-0.35-0.30-0.30 13.84 508.44-0.50 12.38 454.80 Windsor -0.37-0.31-0.30-0.29 13.72 504.03-0.66 12.22 448.92 Winchester N/A N/A TRANSFER Hamilton -0.42 N/A N/A N/A 13.67 502.19-0.48 12.40 455.53 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.05 14.04 515.79-0.35 12.53 460.31 Toledo El. -0.03 14.06 516.54-0.33 12.55 461.14 Bank of Canada Noon exchange rate was 0.9883 up 0.0015 Chicago wheat closed moderately lower. MAR13 HI 8.08 1/2 JUL13 HI 8.24 1/4 LOW 7.82 1/2 LOW 7.99 3/4 CLOSE 7.90 1/2 Down 15 1/4 CLOSE 8.07 3/4 Down 15 1/4 Minni wheat closed slightly to moderately lower. MAR13 HI 8.97 1/4 SEP13 HI 9.06 1/2 LOW 8.82 LOW 8.98 CLOSE 8.83 3/4 Down 11 3/4 CLOSE 8.98 3/4 Down 9 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 -0.83 -1.04 CAD $/bu 7.23 7.33 7.08 7.80 CAD $/tonne 265.52 269.15 260.07 286.69 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 -0.94 -0.99 -1.19 N/A -0.95 -0.99 -1.24 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 -1.25 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 -1.20 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 -1.93 N/A N/A N/A N/A North Gower N/A N/A N/A -1.03 N/A N/A N/A -1.02 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 -0.95 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 0.33N/A -0.27N/A Toledo El. 7.65US 7.56CA 7.85US 7.78CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.56 -0.46 -1.01 -1.02 CAD $/bu 7.51 7.61 7.07 7.97 CAD $/tonne 276.08 279.72 259.68 292.84 (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 330.00 FOB Hm Soymeal 540.25 - 542.46 DDG's FOB Srn, Wndr, Aylm 285.00 - 320.00