FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 31 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9949 down 0.0003 Chicago corn closed steady to slightly higher. MAR13 HI 7.00 DEC13 HI 6.01 1/4 LOW 6.89 1/4 LOW 5.95 3/4 CLOSE6.98 1/4 Up 4 1/4 CLOSE 5.99 3/4 Unchanged 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 6.33 249.30 -0.75 5.25 206.58 CK High -0.60 6.38 251.27 -0.70 5.30 208.55 CK Avg -0.63 -0.58 6.36 250.28 -0.74 -0.72 5.26 206.91 Essex Cty -0.65 6.33 249.30 -0.75 5.25 206.58 Mdsx Low -0.65 6.33 249.30 -0.75 5.25 206.58 Mdsx High -0.65 6.33 249.30 -0.75 5.25 206.58 Mdsx Avg -0.65 -0.61 6.33 249.30 -0.75 -0.73 5.25 206.58 Hensall -0.63 6.36 250.28 -0.73 5.27 207.57 Bruce -0.65 6.33 249.30 -0.75 5.25 206.58 Putnam -0.65 6.33 249.30 -0.75 5.25 206.58 Burford -0.65 6.33 249.30 -0.75 5.25 206.58 Port Perry -0.65 6.33 249.30 -0.75 5.25 206.58 Norfolk -0.60 6.38 251.27 -0.75 5.25 206.58 Palmerston -0.65 6.33 249.30 -0.70 5.30 208.55 Varna -0.65 6.33 249.30 -0.70 5.30 208.55 Trenton -0.60 6.38 251.27 -0.70 5.30 208.55 Winchester -0.25 6.73 265.05 -0.60 5.40 212.49 North Gower -0.48 6.50 255.99 -0.78 5.22 205.40 Huron FOB -0.55 6.43 253.24 -0.70 5.30 208.55 Kent FOB -0.60 6.38 251.27 -0.75 5.25 206.58 Lamb FOB -0.60 6.38 251.27 -0.75 5.25 206.58 Mdsx FOB -0.65 -0.55 -0.55N/A 6.33 249.30 -0.75 5.25 206.58 FOB SW Que -0.40 6.58 259.14 -0.50 5.50 216.43 Track -0.30 6.68 263.08N/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 -0.35 -0.30 N/A Sarn-Eth -0.60 -0.30 -0.30 -0.20 6.38 251.27N/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 5.45 214.46 Pt.Colb-Cas N/A N/A N/A N/A -0.50 5.50 216.43 Cardnl-Cas N/A N/A 0.10 0.15 -0.45 5.55 218.40 W O Feed -0.19 -0.18 6.79 267.41 US Rep 0.45 0.46 7.43 292.60 Toledo El. 0.07 7.05 277.63 -0.28 5.72 225.12 TRANSFER Sarnia N/A N/A Pt. Stanley -0.65 6.33 249.30N/A Hamilton -0.55 6.43253 1/4 -0.55 5.45214 1/2 MID SD CRN -0.62 1/2 6.35 3/4 HI SD CRN -0.60 6.38 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9949 down 0.0003 Chicago soybeans closed slightly lower. JAN13 HI 14.33 3/4 NOV13 HI 13.16 3/4 LOW 14.09 1/2 LOW 12.96 3/4 CLOSE14.18 3/4 Down 5 1/4 CLOSE 13.02 3/4 Down 7 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR13 CK Low -0.77 13.42 493.01-0.95 12.08 443.77 CK High -0.75 13.44 493.74-0.89 12.14 445.98 CK Average -0.75 -0.6713.43 493.62-0.93-0.8912.10 444.51 Essex Cty -0.56 13.63 500.72-0.81 12.22 448.92 Mdsx Low -0.70 13.49 495.58-0.90 12.13 445.61 Mdsx High -0.70 13.49 495.58-0.86 12.17 447.08 Mdsx Average -0.70 -0.6213.49 495.58-0.88-0.8412.15 446.34 Hensall -0.70 13.49 495.58-0.90 12.13 445.61 Bruce -0.70 13.49 495.58-0.90 12.13 445.61 Putnam -0.75 13.44 493.74-0.95 12.08 443.77 Burford -0.70 13.49 495.58-0.86 12.17 447.08 Port Perry N/A -0.89 12.14 445.98 Norfolk -0.72 13.47 494.85-0.89 12.14 445.98 Palmerston -0.70 13.49 495.58-0.90 12.13 445.61 Varna -0.80 13.39 491.91-0.90 12.13 445.61 Trenton -0.75 13.44 493.74-0.80 12.23 449.28 Winchester -0.60 13.59 499.26-0.70 12.33 452.96 North Gower -0.84 13.35 490.44-0.86 12.17 447.08 Huron FOB -0.55 13.64 501.09-0.85 12.18 447.45 Kent FOB -0.77 13.42 493.01-0.94 12.09 444.14 Lambton FOB -0.77 13.42 493.01-0.94 12.09 444.14 Middlesex FOB-0.66-0.51-0.51 N/A 13.53 497.05-0.72 12.31 452.22 PROCESSORS Hamilton -0.30-0.25-0.20-0.15 13.89 510.28-0.40 12.63 463.98 Windsor -0.33-0.26-0.25 N/A 13.86 509.18-0.58 12.45 457.37 Winchester N/A N/A TRANSFER Hamilton -0.40 N/A N/A N/A 13.79 506.60-0.33 12.70 466.55 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.10 14.29 524.98-0.25 12.78 469.49 Toledo El. -0.03 14.16 520.21-0.33 12.70 466.59 Bank of Canada Noon exchange rate was 0.9949 down 0.0003 Chicago wheat closed slightly lower. MAR13 HI 7.80 JUL13 HI 7.96 1/4 LOW 7.67 3/4 LOW 7.85 CLOSE 7.78 Down 3/4 CLOSE 7.93 3/4 Down 1 1/4 Minni wheat closed slightly lower. MAR13 HI 8.68 SEP13 HI 8.87 1/2 LOW 8.55 LOW 8.77 CLOSE 8.65 1/2 Down 2 1/4 CLOSE 8.86 3/4 Down 2 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.64 -0.54 -0.79 -1.00 CAD $/bu 7.14 7.24 6.99 7.66 CAD $/tonne 262.27 265.93 256.79 281.45 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 -1.05 N/A N/A -0.95 -1.20 N/A London -0.82 -0.87 -1.07 N/A -0.87 -0.92 -1.17 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 -1.79 N/A N/A N/A N/A North Gower N/A N/A N/A -0.97 N/A N/A N/A -0.95 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.80 N/A N/A N/A -0.80 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 -0.15N/A 0.37N/A -0.23N/A Toledo El. 7.52US 7.48CA 7.71US 7.68CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.52 -0.42 -0.97 -0.98 CAD $/bu 7.41 7.51 6.96 7.89 CAD $/tonne 272.38 276.04 255.90 289.96 (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