FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, December 26 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9913 up 0.0000 Chicago corn closed moderately lower. MAR13 HI 7.06 1/4 DEC13 HI 6.08 3/4 LOW 6.92 1/4 LOW 5.98 1/4 CLOSE6.93 1/4 Down 11 CLOSE 5.99 1/4 Down 7 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 6.23 245.36 -0.75 5.24 206.39 CK High -0.60 6.33 249.30 -0.70 5.29 208.36 CK Avg -0.65 -0.62 6.28 247.33 -0.74 -0.73 5.25 206.72 Essex Cty -0.65 6.28 247.33 -0.75 5.24 206.39 Mdsx Low -0.70 6.23 245.36 -0.75 5.24 206.39 Mdsx High -0.65 6.28 247.33 -0.75 5.24 206.39 Mdsx Avg -0.68 -0.65 6.26 246.35 -0.75 -0.74 5.24 206.39 Hensall -0.68 6.26 246.35 -0.73 5.27 207.37 Bruce -0.70 6.23 245.36 -0.75 5.24 206.39 Putnam -0.70 6.23 245.36 -0.75 5.24 206.39 Burford -0.65 6.28 247.33 -0.75 5.24 206.39 Port Perry -0.65 6.28 247.33 -0.75 5.24 206.39 Norfolk -0.60 6.33 249.30 -0.75 5.24 206.39 Palmerston -0.65 6.28 247.33 -0.70 5.29 208.36 Varna -0.65 6.28 247.33 -0.70 5.29 208.36 Trenton -0.60 6.33 249.30 -0.70 5.29 208.36 Winchester -0.25 6.68 263.08 -0.60 5.39 212.29 North Gower -0.38 6.55 257.96 -0.85 5.14 202.45 Huron FOB -0.60 6.33 249.30 -0.70 5.29 208.36 Kent FOB -0.60 6.33 249.30 -0.75 5.24 206.39 Lamb FOB -0.60 6.33 249.30 -0.75 5.24 206.39 Mdsx FOB -0.65 -0.65 -0.60 -0.60 6.28 247.33 -0.75 5.24 206.39 FOB SW Que -0.35 6.58 259.14 -0.55 5.44 214.26 Track -0.30 6.63 261.11N/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 6.33 249.30N/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 5.44 214.26 Pt.Colb-Cas N/A N/A N/A N/A -0.50 5.49 216.23 Cardnl-Cas N/A N/A N/A 0.10 -0.45 5.54 218.20 W O Feed -0.19 -0.18 6.74 265.44 US Rep 0.45 0.46 7.38 290.64 Toledo El. 0.02 6.95 273.70 -0.28 5.71 224.91 TRANSFER Sarnia N/A N/A Pt. Stanley -0.60 6.33 249.30 -0.75 5.24206 2/5 Hamilton -0.55 6.38251 1/4 -0.55 5.44214 1/4 MID SD CRN -0.65 1 6.28 1/4 HI SD CRN -0.60 6.33 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9913 up 0.0000 Chicago soybeans closed slightly to moderately lower. JAN13 HI 14.47 1/4 NOV13 HI 13.16 LOW 14.21 1/4 LOW 12.94 3/4 CLOSE14.24 1/2 Down 15 1/4 CLOSE 13.00 1/4 Down 9 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR13 CK Low -0.90 13.35 490.34-1.00 12.00 441.02 CK High -0.77 13.48 495.12-0.92 12.08 443.96 CK Average -0.82 -0.7613.43 493.41-0.96-0.9412.04 442.49 Essex Cty -0.51 13.74 504.67-0.81 12.19 448.00 Mdsx Low -0.75 13.50 495.86-0.90 12.10 444.69 Mdsx High -0.73 13.52 496.59-0.90 12.10 444.69 Mdsx Average -0.74 -0.6813.51 496.22-0.90-0.8812.10 444.69 Hensall -0.78 13.47 494.94-0.90 12.10 444.69 Bruce -0.75 13.50 495.86-0.90 12.10 444.69 Putnam -0.80 13.45 494.02-0.95 12.05 442.85 Burford -0.73 13.52 496.59-0.90 12.10 444.69 Port Perry -0.80 13.45 494.02-0.90 12.10 444.69 Norfolk -0.72 13.53 496.96-0.89 12.11 445.06 Palmerston -0.73 13.52 496.59-0.93 12.07 443.59 Varna -0.80 13.45 494.02-0.90 12.10 444.69 Trenton -0.90 13.35 490.34-0.90 12.10 444.69 Winchester -0.80 13.45 494.02-0.85 12.15 446.53 North Gower -0.86 13.39 491.81-0.94 12.06 443.22 Huron FOB -0.65 13.60 499.53-0.85 12.15 446.53 Kent FOB -0.77 13.48 495.12-0.94 12.06 443.22 Lambton FOB -0.77 13.48 495.12-0.94 12.06 443.22 Middlesex FOB-0.72-0.72-0.55-0.55 13.53 496.96-0.76 12.24 449.83 PROCESSORS Hamilton -0.35-0.35-0.30-0.20 13.90 510.55-0.45 12.55 461.23 Windsor -0.28-0.22-0.21-0.20 13.97 513.13-0.59 12.41 456.08 Winchester N/A N/A TRANSFER Hamilton -0.37 N/A N/A N/A 13.88 509.82-0.43 12.57 461.96 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.05 14.20 521.58-0.30 12.70 466.74 Toledo El. -0.03 14.22 522.32-0.33 12.67 465.66 Bank of Canada Noon exchange rate was 0.9913 up 0.0000 Chicago wheat closed moderately lower. MAR13 HI 7.95 1/4 JUL13 HI 8.11 1/2 LOW 7.73 3/4 LOW 7.90 3/4 CLOSE 7.74 1/2 Down 19 1/4 CLOSE 7.91 1/2 Down 18 3/4 Minni wheat closed slightly to moderately lower. MAR13 HI 8.82 3/4 SEP13 HI 8.96 1/4 LOW 8.67 1/2 LOW 8.87 3/4 CLOSE 8.69 Down 12 1/4 CLOSE 8.89 1/4 Down 9 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.63 -0.53 -0.78 -0.98 CAD $/bu 7.12 7.21 6.97 7.71 CAD $/tonne 261.44 265.09 255.95 283.21 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 -1.18 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 -0.13N/A 0.39N/A -0.21N/A Toledo El. 7.49US 7.45CA 7.69US 7.67CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.51 -0.41 -0.96 -0.96 CAD $/bu 7.40 7.50 6.95 7.93 CAD $/tonne 271.99 275.66 255.49 291.34 (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