FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 4 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9977 down 0.0010 Chicago corn closed narrowly mixed. MAR13 HI 7.41 3/4 DEC13 HI 5.96 1/2 LOW 7.30 3/4 LOW 5.90 1/2 CLOSE7.34 1/4 Down 1 3/4 CLOSE 5.93 3/4 Up 1 3/4 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 6.74 265.44 -0.75 5.19 204.22 CK High -0.55 6.79 267.41 -0.70 5.24 206.19 CK Avg -0.58 -0.57 6.77 266.42 -0.74 -0.75 5.20 204.55 Essex Cty -0.55 6.79 267.41 -0.75 5.19 204.22 Mdsx Low -0.60 6.74 265.44 -0.75 5.19 204.22 Mdsx High -0.60 6.74 265.44 -0.75 5.19 204.22 Mdsx Avg -0.60 -0.60 6.74 265.44 -0.75 -0.75 5.19 204.22 Hensall -0.60 6.74 265.44 -0.75 5.19 204.22 Bruce -0.60 6.74 265.44 -0.75 5.19 204.22 Putnam -0.60 6.74 265.44 -0.75 5.19 204.22 Burford -0.60 6.74 265.44 -0.75 5.19 204.22 Port Perry -0.60 6.74 265.44 -0.75 5.19 204.22 Norfolk -0.55 6.79 267.41 -0.75 5.19 204.22 Palmerston -0.60 6.74 265.44 -0.70 5.24 206.19 Varna -0.60 6.74 265.44 -0.70 5.24 206.19 Trenton -0.60 6.74 265.44 -0.70 5.24 206.19 Winchester -0.30 7.04 277.25 -0.60 5.34 210.13 North Gower -0.74 6.60 259.93 -0.85 5.09 200.29 Huron FOB -0.45 6.89 271.35 -0.70 5.24 206.19 Kent FOB -0.55 6.79 267.41 -0.75 5.19 204.22 Lamb FOB -0.55 6.79 267.41 -0.75 5.19 204.22 Mdsx FOB -0.55 -0.55 -0.50N/A 6.79 267.41 -0.75 5.19 204.22 FOB SW Que -0.40 6.94 273.31 -0.40 5.54 218.00 Track -0.20 7.14 281.19N/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 7.04 277.25N/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 5.39 212.10 Pt.Colb-Ing N/A N/A N/A N/A -0.50 5.44 214.06 Cardnl-Ing N/A N/A N/A N/A -0.45 5.49 216.03 W O Feed -0.21 -0.21 7.13 280.79 US Rep 0.40 0.40 7.74 304.81 Toledo El. 0.18 7.52 296.14 -0.33 5.61 220.75 TRANSFER Sarnia N/A N/A Pt. Stanley -0.55 6.79 267.41 -0.75 5.19204 2/9 Hamilton -0.50 6.84269 3/8 -0.55 5.39212 MID SD CRN -0.57 1/2 6.76 3/4 HI SD CRN -0.55 6.79 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9977 down 0.0010 Chicago soybeans closed slightly to moderately higher. MAR13 HI 14.98 NOV13 HI 13.50 3/4 LOW 14.75 1/2 LOW 13.34 CLOSE14.88 3/4 Up 14 1/2 CLOSE 13.44 Up 11 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL13 CK Low -0.56 14.33 526.45-0.85 12.59 462.60 CK High -0.50 14.39 528.65-0.75 12.69 466.28 CK Average -0.54 -0.5314.34 527.06-0.82-0.8312.62 463.58 Essex Cty -0.43 14.46 531.22-0.64 12.80 470.32 Mdsx Low -0.68 14.21 522.04-0.81 12.63 464.07 Mdsx High -0.50 14.39 528.65-0.80 12.64 464.44 Mdsx Average -0.59 -0.5814.30 525.34-0.81-0.8112.64 464.26 Hensall -0.48 14.41 529.57-0.75 12.69 466.28 Bruce -0.50 14.39 528.65-0.80 12.64 464.44 Putnam N/A -0.80 12.64 464.44 Burford -0.58 14.31 525.71-0.81 12.63 464.07 Port Perry -0.61 14.28 524.61-0.84 12.60 462.97 Norfolk -0.50 14.39 528.65-0.80 12.64 464.44 Palmerston -0.40 14.49 532.32-0.75 12.69 466.28 Varna -0.45 14.44 530.49-0.70 12.74 468.11 Trenton -0.50 14.39 528.65-0.80 12.64 464.44 Winchester -0.39 14.50 532.69-0.71 12.73 467.75 North Gower -0.66 14.23 522.77-0.72 12.72 467.38 Huron FOB -0.30 14.59 536.00-0.60 12.84 471.79 Kent FOB -0.50 14.39 528.65-0.85 12.59 462.60 Lambton FOB -0.50 14.39 528.65-0.85 12.59 462.60 Middlesex FOB-0.44-0.39 N/A N/A 14.45 530.85-0.70 12.74 468.11 PROCESSORS Hamilton -0.10-0.050.00 0.00 14.79 543.35-0.35 13.09 480.98 Windsor -0.21-0.21 N/A N/A 14.68 539.31-0.41 13.03 478.77 Winchester N/A N/A TRANSFER Hamilton -0.13 N/A N/A N/A 14.76 542.25-0.21 13.23 486.12 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.00 14.89 547.020.00 13.44 493.84 Toledo El. 0.03 14.92 548.12-0.38 13.06 479.86 Bank of Canada Noon exchange rate was 0.9977 down 0.0010 Chicago wheat closed slightly lower. MAR13 HI 7.74 JUL13 HI 7.86 3/4 LOW 7.61 LOW 7.74 CLOSE 7.63 Down 2 CLOSE 7.76 Down 2 1/4 Minni wheat closed slightly lower. MAR13 HI 8.60 SEP13 HI 8.80 1/2 LOW 8.44 3/4 LOW 8.70 CLOSE 8.47 Down 4 3/4 CLOSE 8.71 1/4 Down 4 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.55 -0.35 -0.70 -0.90 CAD $/bu 7.08 7.28 6.93 7.57 CAD $/tonne 259.99 267.33 254.48 277.98 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 -0.75 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 -0.80 N/A -0.60 N/A -1.10 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 -0.60 N/A N/A N/A -1.19 N/A Norwich -0.60 N/A -0.80 N/A -0.60 N/A -1.10 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 -0.85 N/A -0.65 N/A -1.10 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 -0.60 -0.70 -0.85 N/A -0.65 -1.00 -1.10 N/A Mitchell -0.60 -0.75 -0.80 N/A -0.60 -0.85 -1.10 N/A Thornton N/A N/A N/A -1.16 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 -0.40 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 0.00N/A 0.41N/A -0.19N/A Toledo El. N/A 7.53US 7.54CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.44 -0.39 -0.90 -0.89 CAD $/bu 7.32 7.37 6.86 7.82 CAD $/tonne 268.78 270.62 252.24 287.26 (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 502.99 - 508.50 DDG's FOB Srn, Wndr, Aylm 280.00 - 290.00