FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, January 10 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.986 down 0.0008 Chicago corn closed slightly higher. MAR13 HI 7.00 1/2 DEC13 HI 5.85 LOW 6.94 1/2 LOW 5.80 1/4 CLOSE6.98 3/4 Up 4 1/2 CLOSE 5.84 Up 2 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 -0.60 6.39 251.46 -0.75 5.09 200.38 CK High -0.57 6.42 252.65 -0.70 5.14 202.35 CK Avg -0.60 -0.49 6.39 251.66 -0.74 -0.67 5.10 200.71 Essex Cty -0.60 6.39 251.46 -0.75 5.09 200.38 Mdsx Low -0.60 6.39 251.46 -0.75 5.09 200.38 Mdsx High -0.60 6.39 251.46 -0.75 5.09 200.38 Mdsx Avg -0.60 -0.50 6.39 251.46 -0.75 -0.68 5.09 200.38 Hensall -0.60 6.39 251.46 -0.73 5.12 201.37 Bruce -0.60 6.39 251.46 -0.75 5.09 200.38 Putnam -0.60 6.39 251.46 -0.75 5.09 200.38 Burford -0.60 6.39 251.46 -0.75 5.09 200.38 Port Perry -0.60 6.39 251.46 -0.75 5.09 200.38 Norfolk -0.57 6.42 252.65 -0.76 5.08 199.99 Palmerston -0.60 6.39 251.46 -0.70 5.14 202.35 Varna -0.60 6.39 251.46 -0.70 5.14 202.35 Trenton -0.60 6.39 251.46 -0.70 5.14 202.35 Winchester -0.25 6.74 265.24 -0.60 5.24 206.29 North Gower -0.60 6.39 251.46 -0.83 5.01 197.23 Huron FOB -0.45 6.54 257.37 -0.70 5.14 202.35 Kent FOB -0.57 6.42 252.65 -0.76 5.08 199.99 Lamb FOB -0.57 6.42 252.65 -0.76 5.08 199.99 Mdsx FOB -0.60 -0.55 -0.55N/A 6.39 251.46 -0.70 5.14 202.35 FOB SW Que -0.45 6.54 257.37 -0.50 5.34 210.23 Track -0.20 6.79 267.21N/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 6.69 263.28N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas 0.00N/A N/A N/A 6.99 275.09 -0.55 5.29 208.26 Pt.Colb-Cas N/A N/A N/A N/A -0.50 5.34 210.23 Cardnl-Cas N/A N/A 0.10 0.15 -0.45 5.39 212.19 W O Feed -0.18 -0.17 6.81 268.00 US Rep 0.45 0.46 7.44 292.80 Toledo El. 0.09 7.08 278.58 -0.28 5.56 219.02 TRANSFER Sarnia N/A N/A Pt. Stanley -0.58 6.41 252.25 -0.75 5.09200 3/8 Hamilton -0.55 6.44253 3/7 -0.58 5.26207 MID SD CRN -0.58 1/2 6.40 1/4 HI SD CRN -0.57 1 6.41 3/4 *Wet Bid Bank of Canada Noon exchange rate was 0.986 down 0.0008 Chicago soybeans closed slightly lower. MAR13 HI 13.94 3/4 NOV13 HI 12.93 3/4 LOW 13.76 1/4 LOW 12.79 1/4 CLOSE13.79 3/4 Down 5 3/4 CLOSE 12.82 Down 7 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY13 CK Low -0.87 12.93 475.00-0.97 11.85 435.41 CK High -0.78 13.02 478.31-0.95 11.87 436.15 CK Average -0.81 -0.6112.99 477.27-0.96-0.8011.87 435.96 Essex Cty -0.68 13.12 481.99-0.93 11.89 436.88 Mdsx Low -0.80 13.00 477.58-0.95 11.87 436.15 Mdsx High -0.78 13.02 478.31-0.94 11.88 436.52 Mdsx Average -0.79 -0.5913.01 477.94-0.95-0.7911.88 436.33 Hensall -0.80 13.00 477.58-0.98 11.85 435.23 Bruce -0.75 13.05 479.41-0.90 11.92 437.99 Putnam -0.80 13.00 477.58-0.95 11.87 436.15 Burford -0.78 13.02 478.31-0.94 11.88 436.52 Port Perry -0.81 12.99 477.21-0.97 11.85 435.41 Norfolk -0.73 13.07 480.15-0.90 11.92 437.99 Palmerston -0.80 13.00 477.58-0.90 11.92 437.99 Varna -0.80 13.00 477.58-1.00 11.82 434.31 Trenton -0.65 13.15 483.09-0.90 11.92 437.99 Winchester -0.57 13.23 486.03-0.85 11.97 439.82 North Gower -0.85 12.95 475.74-0.88 11.94 438.72 Huron FOB -0.65 13.15 483.09-0.95 11.87 436.15 Kent FOB -0.78 13.02 478.31-0.96 11.86 435.78 Lambton FOB -0.78 13.02 478.31-0.96 11.86 435.78 Middlesex FOB-0.69-0.58-0.58 N/A 13.11 481.62-0.77 12.05 442.76 PROCESSORS Hamilton -0.35-0.30-0.30-0.20 13.45 494.11-0.50 12.32 452.68 Windsor -0.45-0.39-0.38 N/A 13.35 490.44-0.70 12.12 445.33 Winchester N/A N/A TRANSFER Hamilton -0.41 N/A N/A N/A 13.39 491.91-0.41 12.41 455.99 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.00 13.80 506.97-0.20 12.62 463.71 Toledo El. 0.07 13.87 509.51-0.33 12.49 459.08 Bank of Canada Noon exchange rate was 0.986 down 0.0008 Chicago wheat closed slightly lower. MAR13 HI 7.56 1/2 JUL13 HI 7.71 1/2 LOW 7.44 LOW 7.59 3/4 CLOSE 7.44 1/2 Down 1 CLOSE 7.60 1/4 Down 1 1/4 Minni wheat closed narrowly mixed. MAR13 HI 8.47 SEP13 HI 8.64 LOW 8.38 1/4 LOW 8.60 CLOSE 8.39 1/4 Down 1 1/4 CLOSE 8.60 3/4 Up 1 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.70 -0.60 -0.85 -1.06 CAD $/bu 6.75 6.85 6.60 7.34 CAD $/tonne 247.89 251.51 242.46 269.53 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 -0.87 -0.92 -1.07 N/A -0.92 -0.97 -1.22 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 -1.09 N/A N/A N/A -1.21 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 -1.03 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 -0.70 N/A N/A N/A -0.87 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 -0.21N/A 0.30N/A -0.29N/A Toledo El. 7.19US 7.08CA 7.37US 7.28CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.59 -0.49 -1.03 -1.04 CAD $/bu 7.01 7.11 6.57 7.56 CAD $/tonne 257.75 261.38 241.42 277.89 (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 468.16 - 469.26 DDG's FOB Srn, Wndr, Aylm 285.00 - 290.00