FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 24 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9913 down 0.0029 Chicago corn closed slightly higher. MAR13 HI 7.07 1/4 DEC13 HI 6.08 1/4 LOW 7.00 1/2 LOW 6.03 CLOSE7.04 1/4 Up 2 1/4 CLOSE 6.07 Up 1/4 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 6.34 249.69 -0.75 5.32 209.44 CK High -0.60 6.44 253.63 -0.70 5.37 211.41 CK Avg -0.65 -0.60 6.39 251.66 -0.74 -0.71 5.33 209.77 Essex Cty -0.65 6.39 251.66 -0.75 5.32 209.44 Mdsx Low -0.70 6.34 249.69 -0.75 5.32 209.44 Mdsx High -0.65 6.39 251.66 -0.75 5.32 209.44 Mdsx Avg -0.68 -0.62 6.37 250.68 -0.75 -0.72 5.32 209.44 Hensall -0.68 6.37 250.68 -0.73 5.35 210.42 Bruce -0.70 6.34 249.69 -0.75 5.32 209.44 Putnam -0.70 6.34 249.69 -0.75 5.32 209.44 Burford -0.65 6.39 251.66 -0.75 5.32 209.44 Port Perry -0.65 6.39 251.66 -0.75 5.32 209.44 Norfolk -0.60 6.44 253.63 -0.75 5.32 209.44 Palmerston -0.65 6.39 251.66 -0.70 5.37 211.41 Varna -0.65 6.39 251.66 -0.70 5.37 211.41 Trenton -0.60 6.44 253.63 -0.70 5.37 211.41 Winchester -0.25 6.79 267.41 -0.60 5.47 215.34 North Gower -0.38 6.66 262.29 -0.85 5.22 205.50 Huron FOB -0.60 6.44 253.63 -0.70 5.37 211.41 Kent FOB -0.60 6.44 253.63 -0.75 5.32 209.44 Lamb FOB -0.60 6.44 253.63 -0.75 5.32 209.44 Mdsx FOB -0.65 -0.65 -0.60 -0.60 6.39 251.66 -0.75 5.32 209.44 FOB SW Que -0.35 6.69 263.47 -0.55 5.52 217.31 Track -0.30 6.74 265.44N/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 6.44 253.63N/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 5.52 217.31 Pt.Colb-Cas N/A N/A N/A N/A -0.50 5.57 219.28 Cardnl-Cas N/A N/A N/A 0.10 -0.45 5.62 221.25 W O Feed -0.19 -0.18 6.85 269.77 US Rep 0.45 0.46 7.49 294.97 Toledo El. 0.02 7.06 278.03 -0.28 5.79 228.00 TRANSFER Sarnia N/A N/A Pt. Stanley -0.60 6.44 253.63 -0.75 5.32209 4/9 Hamilton -0.55 6.49255 3/5 -0.55 5.52217 1/3 MID SD CRN -0.65 1 6.39 1/4 HI SD CRN -0.60 6.44 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9913 down 0.0029 Chicago soybeans closed slightly higher. JAN13 HI 14.43 1/2 NOV13 HI 13.13 3/4 LOW 14.28 1/2 LOW 12.99 CLOSE14.39 3/4 Up 9 CLOSE 13.09 3/4 Up 9 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 13.50 495.95-1.00 12.10 444.51 CK High -0.77 13.63 500.72-0.92 12.18 447.45 CK Average -0.82 -0.7113.58 499.01-0.96-0.8912.14 445.98 Essex Cty -0.51 13.89 510.28-0.81 12.29 451.49 Mdsx Low -0.75 13.65 501.46-0.90 12.20 448.18 Mdsx High -0.73 13.67 502.19-0.90 12.20 448.18 Mdsx Average -0.74 -0.6313.66 501.83-0.90-0.8312.20 448.18 Hensall -0.78 13.62 500.54-0.90 12.20 448.18 Bruce -0.75 13.65 501.46-0.90 12.20 448.18 Putnam -0.80 13.60 499.62-0.95 12.15 446.34 Burford -0.73 13.67 502.19-0.90 12.20 448.18 Port Perry -0.80 13.60 499.62-0.90 12.20 448.18 Norfolk -0.72 13.68 502.56-0.89 12.21 448.55 Palmerston -0.73 13.67 502.19-0.93 12.17 447.08 Varna -0.80 13.60 499.62-0.90 12.20 448.18 Trenton -0.90 13.50 495.95-0.90 12.20 448.18 Winchester -0.80 13.60 499.62-0.85 12.25 450.02 North Gower -0.86 13.54 497.42-0.94 12.16 446.71 Huron FOB -0.65 13.75 505.13-0.85 12.25 450.02 Kent FOB -0.77 13.63 500.72-0.94 12.16 446.71 Lambton FOB -0.77 13.63 500.72-0.94 12.16 446.71 Middlesex FOB-0.72-0.72-0.55-0.55 13.68 502.56-0.76 12.34 453.33 PROCESSORS Hamilton -0.35-0.35-0.30-0.20 14.05 516.16-0.45 12.65 464.72 Windsor -0.28-0.22-0.21-0.20 14.12 518.73-0.59 12.51 459.57 Winchester N/A N/A TRANSFER Hamilton -0.37 N/A N/A N/A 14.03 515.42-0.43 12.67 465.45 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.05 14.35 527.18-0.30 12.80 470.23 Toledo El. -0.03 14.37 527.92-0.33 12.77 469.19 Bank of Canada Noon exchange rate was 0.9913 down 0.0029 Chicago wheat closed slightly higher. MAR13 HI 7.96 1/4 JUL13 HI 8.12 LOW 7.91 1/4 LOW 8.07 1/2 CLOSE 7.93 3/4 Up 1 3/4 CLOSE 8.10 1/4 Up 1 1/2 Minni wheat closed narrowly mixed. MAR13 HI 8.85 SEP13 HI 8.99 1/2 LOW 8.80 LOW 8.97 1/2 CLOSE 8.82 Up 1/2 CLOSE 8.99 1/2 Down 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.65 -0.55 -0.80 -1.01 CAD $/bu 7.28 7.38 7.13 7.81 CAD $/tonne 267.63 271.27 262.16 287.05 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 -0.85 -0.90 -1.10 N/A -0.90 -0.95 -1.20 N/A Hensall -0.80 N/A -1.05 N/A -0.75 N/A -1.20 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 -1.25 N/A N/A N/A -1.15 N/A Norwich -0.80 N/A -1.05 N/A -0.75 N/A -1.20 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 -1.05 N/A -0.80 N/A -1.20 N/A Chatham N/A -0.90 -1.03 N/A N/A -0.94 -1.18 N/A Brigden N/A -0.90 -1.03 N/A N/A -0.94 -1.08 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 -1.05 N/A -0.75 -1.00 -1.20 N/A Thornton N/A N/A N/A -1.83 N/A N/A N/A N/A North Gower N/A N/A N/A -1.04 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 -0.85 N/A N/A N/A -0.75 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 -0.16N/A 0.35N/A -0.24N/A Toledo El. 7.68US 7.62CA 7.87US 7.83CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.54 -0.44 -0.99 -0.99 CAD $/bu 7.56 7.66 7.11 8.00 CAD $/tonne 277.82 281.47 261.37 293.99 (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