FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, February 1 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9987 down 0.0005 Chicago corn closed mixed. MAR13 HI 7.46 1/4 DEC13 HI 5.95 LOW 7.35 LOW 5.90 CLOSE7.36 Down 4 1/2 CLOSE 5.92 Up 1 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY13+MAY13+JUL13 CK Low -0.60 6.76 266.13 -0.75 5.17 203.53 CK High -0.52 6.84 269.28 -0.70 5.22 205.50 CK Avg -0.57 -0.56 6.79 267.31 -0.74 -0.74 5.18 203.86 Essex Cty -0.50 6.86 270.07 -0.75 5.17 203.53 Mdsx Low -0.60 6.76 266.13 -0.75 5.17 203.53 Mdsx High -0.60 6.76 266.13 -0.75 5.17 203.53 Mdsx Avg -0.60 -0.59 6.76 266.13 -0.75 -0.75 5.17 203.53 Hensall -0.60 6.76 266.13 -0.75 5.17 203.53 Bruce -0.60 6.76 266.13 -0.75 5.17 203.53 Putnam -0.60 6.76 266.13 -0.75 5.17 203.53 Burford -0.60 6.76 266.13 -0.75 5.17 203.53 Port Perry -0.60 6.76 266.13 -0.75 5.17 203.53 Norfolk -0.52 6.84 269.28 -0.75 5.17 203.53 Palmerston -0.60 6.76 266.13 -0.70 5.22 205.50 Varna -0.60 6.76 266.13 -0.70 5.22 205.50 Trenton -0.65 6.71 264.16 -0.70 5.22 205.50 Winchester -0.30 7.06 277.94 -0.60 5.32 209.44 North Gower -0.74 6.62 260.62 -0.70 5.22 205.50 Huron FOB -0.45 6.91 272.03 -0.70 5.22 205.50 Kent FOB -0.52 6.84 269.28 -0.75 5.17 203.53 Lamb FOB -0.52 6.84 269.28 -0.75 5.17 203.53 Mdsx FOB -0.55 -0.55 -0.50N/A 6.81 268.10 -0.75 5.17 203.53 FOB SW Que -0.40 6.96 274.00 -0.40 5.52 217.31 Track -0.20 7.16 281.88N/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 -0.40 -0.25 N/A Sarn-Eth -0.30 -0.30 -0.20 -0.15 7.06 277.94N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A -0.10 -0.55 5.37 211.41 Pt.Colb-Ing N/A N/A N/A N/A -0.50 5.42 213.38 Cardnl-Ing N/A N/A N/A N/A -0.45 5.47 215.34 W O Feed -0.21 -0.21 7.15 281.48 US Rep 0.40 0.40 7.76 305.50 Toledo El. 0.18 7.54 296.83 -0.28 5.64 222.03 TRANSFER Sarnia N/A N/A Pt. Stanley -0.55 6.81 268.10 -0.75 5.17203 1/2 Hamilton -0.52 6.84269 2/7 -0.57 5.35210 5/8 MID SD CRN -0.56 6.80 HI SD CRN -0.52 6.84 *Wet Bid Bank of Canada Noon exchange rate was 0.9987 down 0.0005 Chicago soybeans closed slightly higher. MAR13 HI 14.86 1/2 NOV13 HI 13.39 LOW 14.63 3/4 LOW 13.24 1/4 CLOSE14.74 1/4 Up 5 3/4 CLOSE 13.32 1/2 Up 4 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL13 CK Low -0.55 14.19 521.49-0.85 12.48 458.38 CK High -0.50 14.24 523.32-0.75 12.58 462.05 CK Average -0.52 -0.5014.22 522.46-0.81-0.8212.51 459.73 Essex Cty -0.44 14.30 525.53-0.65 12.68 465.73 Mdsx Low -0.53 14.21 522.22-0.80 12.53 460.21 Mdsx High -0.50 14.24 523.32-0.79 12.54 460.58 Mdsx Average -0.52 -0.4914.23 522.77-0.80-0.8012.53 460.40 Hensall -0.48 14.27 524.24-0.75 12.58 462.05 Bruce -0.50 14.24 523.32-0.80 12.53 460.21 Putnam N/A -0.80 12.53 460.21 Burford -0.53 14.21 522.22-0.79 12.54 460.58 Port Perry -0.56 14.18 521.12-0.82 12.51 459.48 Norfolk -0.50 14.24 523.32-0.86 12.47 458.01 Palmerston -0.40 14.34 527.00-0.75 12.58 462.05 Varna N/A -0.70 12.63 463.89 Trenton -0.45 14.29 525.16-0.80 12.53 460.21 Winchester -0.35 14.39 528.83-0.55 12.78 469.40 North Gower -0.61 14.13 519.28-0.67 12.66 464.99 Huron FOB -0.30 14.44 530.67-0.60 12.73 467.56 Kent FOB -0.50 14.24 523.32-0.85 12.48 458.38 Lambton FOB -0.50 14.24 523.32-0.85 12.48 458.38 Middlesex FOB-0.42-0.37 N/A N/A 14.32 526.26-0.68 12.65 464.62 PROCESSORS Hamilton -0.05-0.050.00 0.00 14.69 539.86-0.30 13.03 478.59 Windsor -0.21-0.21 N/A N/A 14.53 533.98-0.42 12.91 474.18 Winchester N/A N/A TRANSFER Hamilton -0.15 N/A N/A N/A 14.59 536.18-0.30 13.03 478.59 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.00 14.74 541.690.00 13.33 489.61 Toledo El. 0.03 14.77 542.79-0.38 12.94 475.64 Bank of Canada Noon exchange rate was 0.9987 down 0.0005 Chicago wheat closed moderately lower. MAR13 HI 7.90 JUL13 HI 8.02 1/4 LOW 7.64 1/2 LOW 7.77 3/4 CLOSE 7.65 Down 14 1/2 CLOSE 7.78 1/4 Down 15 Minni wheat closed moderately lower. MAR13 HI 8.73 SEP13 HI 8.96 LOW 8.51 1/2 LOW 8.75 1/2 CLOSE 8.51 3/4 Down 13 1/4 CLOSE 8.75 1/2 Down 13 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.56 -0.36 -0.71 -0.91 CAD $/bu 7.09 7.29 6.94 7.61 CAD $/tonne 260.46 267.80 254.96 279.45 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 N/A N/A N/A -1.00 -1.00 N/A London -0.74 -0.79 -0.84 N/A -0.74 -0.89 -1.09 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 -0.61 N/A N/A N/A -1.19 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 -0.80 -0.85 N/A N/A -1.00 -1.10 N/A Brigden N/A -0.80 -0.85 N/A N/A -1.00 -1.10 N/A Palmerston N/A -0.52 -0.91 -0.74 N/A -0.71 -1.10 -0.99 Varna N/A N/A N/A N/A -0.65 -1.00 -1.10 N/A Mitchell -0.60 -0.75 -0.75 N/A -0.55 -0.95 -1.00 N/A Thornton N/A N/A N/A -1.18 N/A N/A N/A N/A North Gower N/A N/A N/A -0.91 N/A N/A N/A -0.90 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.37 N/A N/A N/A -0.81 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 -0.01N/A 0.40N/A -0.20N/A Toledo El. N/A 7.55US 7.56CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.45 -0.40 -0.90 -0.90 CAD $/bu 7.34 7.39 6.89 7.86 CAD $/tonne 269.53 271.37 252.99 288.74 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 360.00 - 370.00 Bayport Oats 345.00 Bayport Barley 330.00 FOB Hm Soymeal 496.27 - 501.78 DDG's FOB Srn, Wndr, Aylm 280.00 - 290.00