FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, February 7 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9993 up 0.0033 Chicago corn closed moderately lower. MAR13 HI 7.22 1/4 DEC13 HI 5.78 3/4 LOW 7.10 LOW 5.65 1/4 CLOSE7.10 3/4 Down 11 3/4 CLOSE 5.66 1/2 Down 12 1/4 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 6.51 256.19 -0.75 4.92 193.49 CK High -0.55 6.56 258.16 -0.70 4.97 195.46 CK Avg -0.58 -0.57 6.53 257.17 -0.74 -0.75 4.92 193.82 Essex Cty -0.55 6.56 258.16 -0.75 4.92 193.49 Mdsx Low -0.60 6.51 256.19 -0.75 4.92 193.49 Mdsx High -0.60 6.51 256.19 -0.75 4.92 193.49 Mdsx Avg -0.60 -0.59 6.51 256.19 -0.75 -0.76 4.92 193.49 Hensall -0.60 6.51 256.19 -0.75 4.92 193.49 Bruce -0.60 6.51 256.19 -0.75 4.92 193.49 Putnam -0.60 6.51 256.19 -0.75 4.92 193.49 Burford -0.60 6.51 256.19 -0.75 4.92 193.49 Port Perry -0.60 6.51 256.19 -0.75 4.92 193.49 Norfolk -0.55 6.56 258.16 -0.75 4.92 193.49 Palmerston -0.60 6.51 256.19 -0.70 4.97 195.46 Varna -0.60 6.51 256.19 -0.75 4.92 193.49 Trenton -0.60 6.51 256.19 -0.70 4.97 195.46 Winchester -0.30 6.81 268.00 -0.60 5.07 199.40 North Gower -0.74 6.37 250.68 -0.69 4.98 195.86 Huron FOB -0.50 6.61 260.13 -0.75 4.92 193.49 Kent FOB -0.55 6.56 258.16 -0.75 4.92 193.49 Lamb FOB -0.55 6.56 258.16 -0.75 4.92 193.49 Mdsx FOB -0.60 -0.55N/A N/A 6.51 256.19 -0.75 4.92 193.49 FOB SW Que -0.45 6.66 262.09 -0.50 5.17 203.34 Track -0.20 6.91 271.94N/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 -0.25 N/A Sarn-Eth -0.35 -0.35 -0.30 -0.15 6.76 266.03N/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 5.12 201.37 Pt.Colb-Ing N/A N/A N/A N/A -0.50 5.17 203.34 Cardnl-Ing N/A N/A N/A N/A -0.45 5.22 205.31 W O Feed -0.22 -0.22 6.89 271.15 US Rep 0.40 0.40 7.51 295.56 Toledo El. N/A -0.33 5.33 210.01 TRANSFER Sarnia N/A N/A Pt. Stanley -0.55 6.56 258.16 -0.75 4.92193 1/2 Hamilton -0.55 6.56258 1/6 -0.60 5.07199 2/5 MID SD CRN -0.57 1/2 6.53 1/4 HI SD CRN -0.55 6.55 3/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9993 up 0.0033 Chicago soybeans closed slightly to moderately lower. MAR13 HI 14.97 NOV13 HI 13.37 LOW 14.78 LOW 13.20 CLOSE14.86 3/4 Down 3/4 CLOSE 13.24 Down 12 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL13 CK Low -0.60 14.27 524.24-0.85 12.39 455.25 CK High -0.50 14.37 527.92-0.75 12.49 458.93 CK Average -0.56 -0.5414.31 525.83-0.83-0.8412.42 456.17 Essex Cty -0.43 14.44 530.49-0.58 12.66 465.18 Mdsx Low -0.61 14.26 523.87-0.82 12.42 456.36 Mdsx High -0.50 14.37 527.92-0.80 12.44 457.09 Mdsx Average -0.56 -0.5414.31 525.89-0.81-0.8312.43 456.72 Hensall -0.53 14.34 527.00-0.80 12.44 457.09 Bruce -0.50 14.37 527.92-0.80 12.44 457.09 Putnam -0.50 14.37 527.92-0.85 12.39 455.25 Burford -0.61 14.26 523.87-0.82 12.42 456.36 Port Perry -0.64 14.23 522.77-0.85 12.39 455.25 Norfolk -0.50 14.37 527.92-0.80 12.44 457.09 Palmerston -0.55 14.32 526.08-0.80 12.44 457.09 Varna -0.55 14.32 526.08-0.80 12.44 457.09 Trenton -0.50 14.37 527.92-0.75 12.49 458.93 Winchester -0.40 14.47 531.59-0.60 12.64 464.44 North Gower -0.65 14.22 522.40-0.71 12.53 460.40 Huron FOB -0.45 14.42 529.75-0.70 12.54 460.77 Kent FOB -0.50 14.37 527.92-0.85 12.39 455.25 Lambton FOB -0.50 14.37 527.92-0.85 12.39 455.25 Middlesex FOB-0.47 N/A N/A N/A 14.40 529.02-0.71 12.53 460.40 PROCESSORS Hamilton -0.050.00 0.00 0.05 14.82 544.45-0.35 12.89 473.63 Windsor -0.20-0.19-0.19-0.18 14.67 538.94-0.35 12.89 473.63 Winchester N/A N/A TRANSFER Hamilton -0.15 N/A N/A N/A 14.72 540.78-0.25 12.99 477.30 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.15 15.02 551.800.00 13.24 486.49 Toledo El. N/A -0.38 12.86 472.51 Bank of Canada Noon exchange rate was 0.9993 up 0.0033 Chicago wheat closed slightly lower. MAR13 HI 7.64 1/2 JUL13 HI 7.72 1/4 LOW 7.52 3/4 LOW 7.61 CLOSE 7.56 Down 5 1/2 CLOSE 7.63 1/2 Down 8 3/4 Minni wheat closed slightly lower. MAR13 HI 8.49 1/2 SEP13 HI 8.69 3/4 LOW 8.38 1/4 LOW 8.61 3/4 CLOSE 8.39 1/4 Down 5 1/2 CLOSE 8.63 Down 6 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.56 -0.36 -0.71 -0.91 CAD $/bu 7.00 7.20 6.85 7.48 CAD $/tonne 257.29 264.63 251.78 275.00 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 -0.80 N/A N/A -1.00 -1.10 N/A London -0.75 -0.80 -0.85 N/A -0.75 -0.90 -1.10 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 -0.80 N/A N/A N/A -1.18 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 -0.41 -0.81 -0.74 N/A -0.71 -1.11 -0.89 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 -1.18 N/A N/A N/A N/A North Gower N/A N/A N/A -0.92 N/A N/A N/A -0.91 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.38 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 0.09N/A 0.41N/A -0.19N/A Toledo El. N/A 7.41US 7.41CA 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 -0.89 -0.89 CAD $/bu 7.19 7.24 6.74 7.74 CAD $/tonne 264.35 266.19 247.79 284.40 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 360.00 - 365.00 Bayport Oats 350.00 Bayport Barley 330.00 FOB Hm Soymeal 502.22 - 504.43 DDG's FOB Srn, Wndr, Aylm 280.00 - 290.00