FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, January 9 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9868 down 0.0005 Chicago corn closed slightly higher. MAR13 HI 6.96 DEC13 HI 5.83 LOW 6.86 1/2 LOW 5.74 1/2 CLOSE6.94 1/4 Up 5 1/2 CLOSE 5.81 3/4 Up 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 -0.60 6.34 249.69 -0.76 5.06 199.10 CK High -0.57 6.37 250.87 -0.70 5.12 201.47 CK Avg -0.60 -0.52 6.35 249.89 -0.74 -0.69 5.07 199.76 Essex Cty -0.65 6.29 247.72 -0.75 5.07 199.50 Mdsx Low -0.60 6.34 249.69 -0.75 5.07 199.50 Mdsx High -0.60 6.34 249.69 -0.75 5.07 199.50 Mdsx Avg -0.60 -0.52 6.34 249.69 -0.75 -0.70 5.07 199.50 Hensall -0.60 6.34 249.69 -0.73 5.09 200.48 Bruce -0.60 6.34 249.69 -0.75 5.07 199.50 Putnam -0.60 6.34 249.69 -0.75 5.07 199.50 Burford -0.60 6.34 249.69 -0.75 5.07 199.50 Port Perry -0.60 6.34 249.69 -0.75 5.07 199.50 Norfolk -0.57 6.37 250.87 -0.76 5.06 199.10 Palmerston -0.60 6.34 249.69 -0.70 5.12 201.47 Varna -0.60 6.34 249.69 -0.70 5.12 201.47 Trenton -0.60 6.34 249.69 -0.70 5.12 201.47 Winchester -0.25 6.69 263.47 -0.60 5.22 205.40 North Gower -0.61 6.33 249.30 -0.75 5.07 199.50 Huron FOB -0.45 6.49 255.60 -0.70 5.12 201.47 Kent FOB -0.57 6.37 250.87 -0.76 5.06 199.10 Lamb FOB -0.57 6.37 250.87 -0.76 5.06 199.10 Mdsx FOB -0.60 -0.55 -0.55N/A 6.34 249.69 -0.70 5.12 201.47 FOB SW Que -0.50 6.44 253.63 -0.50 5.32 209.34 Track -0.20 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 -0.35 -0.30 N/A Sarn-Eth -0.30 -0.30 -0.30 -0.20 6.64 261.50N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas 0.00N/A N/A N/A 6.94 273.31 -0.55 5.27 207.37 Pt.Colb-Cas N/A N/A N/A N/A -0.50 5.32 209.34 Cardnl-Cas N/A N/A 0.10 0.15 -0.45 5.37 211.31 W O Feed -0.18 -0.17 6.76 266.23 US Rep 0.45 0.46 7.39 291.03 Toledo El. 0.09 7.03 276.82 -0.28 5.54 218.10 TRANSFER Sarnia N/A N/A Pt. Stanley -0.58 6.36 250.48N/A Hamilton -0.53 6.41252 4/9 -0.57 5.25206 3/5 MID SD CRN -0.58 1/2 6.35 3/4 HI SD CRN -0.57 1 6.37 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9868 down 0.0005 Chicago soybeans closed narrowly mixed. MAR13 HI 13.93 NOV13 HI 12.90 LOW 13.80 1/4 LOW 12.78 3/4 CLOSE13.85 1/2 Down 1 CLOSE 12.89 Up 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY13 CK Low -0.90 12.96 476.01-1.00 11.89 436.88 CK High -0.80 13.06 479.69-0.94 11.95 439.09 CK Average -0.85 -0.7013.00 477.79-0.97-0.8511.93 438.17 Essex Cty -0.64 13.22 485.57-0.90 11.99 440.56 Mdsx Low -0.85 13.01 477.85-0.95 11.94 438.72 Mdsx High -0.78 13.08 480.42-0.93 11.96 439.45 Mdsx Average -0.82 -0.6613.04 479.14-0.94-0.8311.95 439.09 Hensall -0.83 13.03 478.77-0.98 11.92 437.80 Bruce -0.85 13.01 477.85-0.95 11.94 438.72 Putnam -0.80 13.06 479.69-1.00 11.89 436.88 Burford -0.78 13.08 480.42-0.93 11.96 439.45 Port Perry -0.81 13.05 479.32-0.96 11.93 438.35 Norfolk -0.75 13.11 481.53-0.90 11.99 440.56 Palmerston -0.80 13.06 479.69-0.90 11.99 440.56 Varna -0.80 13.06 479.69-1.00 11.89 436.88 Trenton -0.65 13.21 485.20-0.90 11.99 440.56 Winchester -0.57 13.29 488.14-0.85 12.04 442.39 North Gower -0.87 12.99 477.12-0.88 12.01 441.29 Huron FOB -0.65 13.21 485.20-0.95 11.94 438.72 Kent FOB -0.81 13.05 479.32-0.95 11.94 438.72 Lambton FOB -0.81 13.05 479.32-0.96 11.93 438.35 Middlesex FOB-0.69-0.58-0.58 N/A 13.17 483.73-0.77 12.12 445.33 PROCESSORS Hamilton -0.35-0.30-0.30-0.20 13.51 496.22-0.50 12.39 455.25 Windsor -0.42-0.36-0.35 N/A 13.44 493.65-0.67 12.22 449.01 Winchester N/A N/A TRANSFER Hamilton -0.38 N/A N/A N/A 13.48 495.120.38 13.27 487.59 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.02 13.88 509.82-0.18 12.71 467.01 Toledo El. 0.07 13.92 511.63-0.33 12.56 461.61 Bank of Canada Noon exchange rate was 0.9868 down 0.0005 Chicago wheat closed slightly lower. MAR13 HI 7.57 JUL13 HI 7.72 1/2 LOW 7.45 LOW 7.60 3/4 CLOSE 7.45 1/2 Down 5 CLOSE 7.61 1/2 Down 5 3/4 Minni wheat closed slightly lower. MAR13 HI 8.48 1/2 SEP13 HI 8.66 1/4 LOW 8.40 LOW 8.58 1/2 CLOSE 8.40 1/2 Down 4 3/4 CLOSE 8.59 1/4 Down 3 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.68 -0.58 -0.82 -1.03 CAD $/bu 6.78 6.88 6.63 7.37 CAD $/tonne 249.09 252.72 243.64 270.89 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 -1.00 -1.20 N/A London -0.85 -0.90 -1.05 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 -1.30 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.05 Essex N/A N/A -1.17 N/A N/A N/A -1.20 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 -0.95 -1.04 N/A N/A -0.99 -1.19 N/A Brigden N/A -0.95 -1.04 N/A N/A -0.99 -1.19 N/A Palmerston N/A -0.69 -1.08 -0.82 N/A -0.87 -1.26 -1.07 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 -1.92 N/A N/A N/A N/A North Gower N/A N/A N/A -1.04 N/A N/A N/A -1.03 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.83 N/A N/A N/A -0.83 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 -0.26N/A Toledo El. 7.20US 7.12CA 7.39US 7.32CA 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 7.05 7.15 6.61 7.58 CAD $/tonne 259.18 262.82 242.78 278.39 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 350.00 - 375.00 Bayport Oats 320.00 Bayport Barley 320.00 FOB Hm Soymeal 471.03 - 472.13 DDG's FOB Srn, Wndr, Aylm 285.00 - 290.00