FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, January 29 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0029 down 0.0040 Chicago corn closed mixed. MAR13 HI 7.32 1/2 DEC13 HI 5.90 1/2 LOW 7.27 1/2 LOW 5.86 1/2 CLOSE7.29 1/2 Up 1/4 CLOSE 5.87 Down 3 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 6.70 263.57 -0.75 5.12 201.57 CK High -0.55 6.75 265.54 -0.70 5.17 203.53 CK Avg -0.58 -0.61 6.71 264.23 -0.74 -0.77 5.13 201.89 Essex Cty -0.55 6.75 265.54 -0.75 5.12 201.57 Mdsx Low -0.60 6.70 263.57 -0.75 5.12 201.57 Mdsx High -0.60 6.70 263.57 -0.75 5.12 201.57 Mdsx Avg -0.60 -0.63 6.70 263.57 -0.75 -0.78 5.12 201.57 Hensall -0.60 6.70 263.57 -0.73 5.15 202.55 Bruce -0.60 6.70 263.57 -0.75 5.12 201.57 Putnam -0.65 6.65 261.60 -0.75 5.12 201.57 Burford -0.60 6.70 263.57 -0.75 5.12 201.57 Port Perry -0.60 6.70 263.57 -0.75 5.12 201.57 Norfolk -0.55 6.75 265.54 -0.75 5.12 201.57 Palmerston -0.60 6.70 263.57 -0.70 5.17 203.53 Varna -0.60 6.70 263.57 -0.70 5.17 203.53 Trenton -0.60 6.70 263.57 -0.70 5.17 203.53 Winchester -0.30 7.00 275.38 -0.60 5.27 207.47 North Gower -0.71 6.59 259.24 -0.85 5.02 197.63 Huron FOB -0.45 6.85 269.48 -0.65 5.22 205.50 Kent FOB -0.55 6.75 265.54 -0.75 5.12 201.57 Lamb FOB -0.55 6.75 265.54 -0.75 5.12 201.57 Mdsx FOB -0.60 -0.55 -0.50N/A 6.70 263.57 -0.70 5.17 203.53 FOB SW Que -0.40 6.90 271.44 -0.45 5.42 213.38 Track -0.20 7.10 279.32N/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 -0.40 N/A Sarn-Eth -0.30 -0.30 -0.30 -0.20 7.00 275.38N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A N/A -0.55 5.32 209.44 Pt.Colb-Ing N/A N/A N/A N/A -0.50 5.37 211.41 Cardnl-Ing N/A N/A N/A N/A -0.45 5.42 213.38 W O Feed -0.21 -0.21 7.09 278.92 US Rep 0.40 0.40 7.70 302.94 Toledo El. 0.13 7.43 292.33 -0.28 5.59 220.01 TRANSFER Sarnia N/A N/A Pt. Stanley -0.55 6.75 265.54 -0.75 5.12201 4/7 Hamilton -0.50 6.80267 1/2 -0.55 5.32209 4/9 MID SD CRN -0.57 1/2 6.72 HI SD CRN -0.55 6.74 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0029 down 0.0040 Chicago soybeans closed slightly higher. MAR13 HI 14.58 NOV13 HI 13.18 3/4 LOW 14.41 LOW 13.05 1/2 CLOSE14.51 3/4 Up 4 CLOSE 13.12 3/4 Up 2 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY13 CK Low -0.45 14.07 516.89-0.75 12.38 454.80 CK High -0.35 14.17 520.57-0.65 12.48 458.47 CK Average -0.40 -0.4514.12 518.73-0.72-0.7912.41 455.90 Essex Cty -0.32 14.20 521.67-0.58 12.55 461.04 Mdsx Low -0.38 14.14 519.46-0.70 12.43 456.63 Mdsx High -0.35 14.17 520.57-0.69 12.44 457.00 Mdsx Average -0.37 -0.4214.15 520.02-0.70-0.7612.43 456.82 Hensall -0.38 14.14 519.65-0.68 12.45 457.55 Bruce -0.35 14.17 520.57-0.70 12.43 456.63 Putnam -0.60 13.92 511.38-0.85 12.28 451.12 Burford -0.38 14.14 519.46-0.59 12.54 460.67 Port Perry -0.41 14.11 518.36-0.72 12.41 455.90 Norfolk -0.35 14.17 520.57-0.64 12.49 458.84 Palmerston -0.40 14.12 518.73-0.65 12.48 458.47 Varna -0.40 14.12 518.73-0.65 12.48 458.47 Trenton -0.40 14.12 518.73-0.70 12.43 456.63 Winchester -0.30 14.22 522.40-0.60 12.53 460.31 North Gower -0.81 13.71 503.66-0.73 12.40 455.53 Huron FOB -0.25 14.27 524.24-0.55 12.58 462.14 Kent FOB -0.35 14.17 520.57-0.74 12.39 455.16 Lambton FOB -0.35 14.17 520.57-0.74 12.39 455.16 Middlesex FOB-0.42-0.42-0.28 N/A 14.10 517.99-0.83 12.30 451.86 PROCESSORS Hamilton -0.050.00 0.05 0.10 14.47 531.59-0.25 12.88 473.17 Windsor -0.09-0.09-0.09 N/A 14.43 530.12-0.35 12.78 469.49 Winchester N/A N/A TRANSFER Hamilton -0.12 N/A N/A N/A 14.40 529.02-0.25 12.88 473.17 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.25 14.77 542.610.15 13.28 487.86 Toledo El. 0.06 14.58 535.64-0.33 12.80 470.16 Bank of Canada Noon exchange rate was 1.0029 down 0.0040 Chicago wheat closed slightly lower. MAR13 HI 7.85 JUL13 HI 7.98 LOW 7.76 LOW 7.90 1/4 CLOSE 7.77 Down 2 1/4 CLOSE 7.91 1/4 Down 1 1/4 Minni wheat closed slightly lower. MAR13 HI 8.70 SEP13 HI 8.91 1/4 LOW 8.60 LOW 8.82 1/4 CLOSE 8.61 Down 5 1/2 CLOSE 8.82 1/2 Down 3 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.52 -0.32 -0.68 -0.87 CAD $/bu 7.25 7.45 7.09 7.74 CAD $/tonne 266.22 273.60 260.69 284.29 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 -0.85 N/A N/A -0.95 -1.05 N/A London -0.73 -0.73 -0.88 N/A -0.78 -0.83 -1.08 N/A Hensall -0.60 N/A -0.75 N/A -0.55 N/A -1.00 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 -0.90 Essex N/A N/A -0.97 N/A N/A N/A -1.16 N/A Norwich -0.60 N/A -0.75 N/A -0.55 N/A -1.00 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.65 N/A -0.80 N/A -0.60 N/A -1.05 N/A Chatham N/A -0.75 -0.80 N/A N/A -0.95 -1.05 N/A Brigden N/A -0.75 -0.80 N/A N/A -0.95 -1.05 N/A Palmerston N/A -0.45 -0.84 -0.65 N/A -0.64 -1.03 -0.90 Varna -0.55 -0.65 -0.80 N/A -0.55 -0.90 -1.00 N/A Mitchell -0.70 -0.85 -0.90 N/A -0.65 -1.05 -1.10 N/A Thornton N/A N/A N/A -1.08 N/A N/A N/A N/A North Gower N/A N/A N/A -0.84 N/A N/A N/A -0.82 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A N/A N/A N/A N/A -0.77 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 0.03N/A 0.44N/A -0.16N/A Toledo El. 7.51US 7.54CA 7.68US 7.72CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.41 -0.36 -0.86 -0.86 CAD $/bu 7.50 7.55 7.05 7.97 CAD $/tonne 275.66 277.51 259.04 292.75 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 350.00 - 370.00 Bayport Oats 345.00 Bayport Barley 330.00 FOB Hm Soymeal 491.31 - 496.82 DDG's FOB Srn, Wndr, Aylm 285.00 - 290.00