FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, February 8 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.002 up 0.0027 Chicago corn closed slightly lower. MAR13 HI 7.20 3/4 DEC13 HI 5.70 1/4 LOW 7.06 3/4 LOW 5.61 1/4 CLOSE7.09 Down 1 3/4 CLOSE 5.63 1/4 Down 3 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 6.49 255.50 -0.75 4.88 192.22 CK High -0.55 6.54 257.47 -0.70 4.93 194.18 CK Avg -0.58 -0.60 6.52 256.48 -0.74 -0.77 4.89 192.54 Essex Cty -0.55 6.54 257.47 -0.75 4.88 192.22 Mdsx Low -0.60 6.49 255.50 -0.75 4.88 192.22 Mdsx High -0.60 6.49 255.50 -0.75 4.88 192.22 Mdsx Avg -0.60 -0.63 6.49 255.50 -0.75 -0.78 4.88 192.22 Hensall -0.60 6.49 255.50 -0.75 4.88 192.22 Bruce -0.60 6.49 255.50 -0.75 4.88 192.22 Putnam -0.60 6.49 255.50 -0.75 4.88 192.22 Burford -0.60 6.49 255.50 -0.75 4.88 192.22 Port Perry -0.60 6.49 255.50 -0.75 4.88 192.22 Norfolk -0.55 6.54 257.47 -0.75 4.88 192.22 Palmerston -0.60 6.49 255.50 -0.70 4.93 194.18 Varna -0.60 6.49 255.50 -0.75 4.88 192.22 Trenton -0.60 6.49 255.50 -0.70 4.93 194.18 Winchester -0.30 6.79 267.31 -0.60 5.03 198.12 North Gower -0.74 6.35 249.99 -0.67 4.96 195.36 Huron FOB -0.50 6.59 259.44 -0.75 4.88 192.22 Kent FOB -0.55 6.54 257.47 -0.75 4.88 192.22 Lamb FOB -0.55 6.54 257.47 -0.75 4.88 192.22 Mdsx FOB -0.60 -0.55N/A N/A 6.49 255.50 -0.75 4.88 192.22 FOB SW Que -0.40 6.69 263.37 -0.35 5.28 207.96 Track -0.20 6.89 271.25N/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 6.74 265.34N/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 5.08 200.09 Pt.Colb-Ing N/A N/A N/A N/A -0.50 5.13 202.06 Cardnl-Ing N/A N/A N/A N/A -0.45 5.18 204.03 W O Feed -0.22 -0.22 6.87 270.46 US Rep 0.40 0.40 7.49 294.87 Toledo El. N/A -0.33 5.30 208.67 TRANSFER Sarnia N/A N/A Pt. Stanley -0.55 6.54 257.47 -0.75 4.88192 2/9 Hamilton -0.48 6.61260 2/9 -0.55 5.08200 MID SD CRN -0.57 1/2 6.51 1/2 HI SD CRN -0.55 6.54 *Wet Bid Bank of Canada Noon exchange rate was 1.002 up 0.0027 Chicago soybeans closed lower. MAR13 HI 14.94 3/4 NOV13 HI 13.30 LOW 14.51 LOW 12.80 1/2 CLOSE14.52 1/2 Down 34 1/4 CLOSE 12.82 Down 42 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL13 CK Low -0.59 13.94 512.02-0.85 11.97 439.82 CK High -0.45 14.08 517.17-0.75 12.07 443.50 CK Average -0.52 -0.5814.00 514.47-0.80-0.8712.02 441.78 Essex Cty -0.37 14.16 520.11-0.53 12.29 451.58 Mdsx Low -0.61 13.92 511.29-0.82 12.00 440.92 Mdsx High -0.45 14.08 517.17-0.75 12.07 443.50 Mdsx Average -0.53 -0.5814.00 514.23-0.79-0.8612.04 442.21 Hensall -0.63 13.90 510.74-0.75 12.07 443.50 Bruce -0.45 14.08 517.17-0.75 12.07 443.50 Putnam -0.50 14.03 515.33-0.85 11.97 439.82 Burford -0.61 13.92 511.29-0.82 12.00 440.92 Port Perry -0.64 13.89 510.19-0.85 11.97 439.82 Norfolk -0.45 14.08 517.17-0.78 12.04 442.39 Palmerston -0.55 13.98 513.49-0.80 12.02 441.66 Varna -0.55 13.98 513.49-0.80 12.02 441.66 Trenton -0.45 14.08 517.17-0.75 12.07 443.50 Winchester -0.35 14.18 520.84-0.59 12.23 449.38 North Gower -0.58 13.95 512.39-0.65 12.17 447.17 Huron FOB -0.40 14.13 519.00-0.65 12.17 447.17 Kent FOB -0.45 14.08 517.17-0.78 12.04 442.39 Lambton FOB -0.45 14.08 517.17-0.78 12.04 442.39 Middlesex FOB-0.40-0.35 N/A N/A 14.13 519.00-0.61 12.21 448.64 PROCESSORS Hamilton 0.00 0.00 0.05 0.05 14.53 533.70-0.30 12.52 460.03 Windsor -0.15-0.13-0.13-0.13 14.38 528.19-0.30 12.52 460.03 Winchester N/A N/A TRANSFER Hamilton -0.05 N/A N/A N/A 14.48 531.87-0.20 12.62 463.71 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.20 14.73 541.050.05 12.87 472.89 Toledo El. N/A -0.38 12.44 457.01 Bank of Canada Noon exchange rate was 1.002 up 0.0027 Chicago wheat closed narrowly mixed. MAR13 HI 7.70 3/4 JUL13 HI 7.74 1/4 LOW 7.53 LOW 7.59 CLOSE 7.56 1/4 Up 1/4 CLOSE 7.62 3/4 Down 3/4 Minni wheat closed slightly lower. MAR13 HI 8.52 1/2 SEP13 HI 8.75 LOW 8.35 1/4 LOW 8.59 3/4 CLOSE 8.36 1/4 Down 3 CLOSE 8.60 1/2 Down 2 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.52 -0.32 -0.67 -0.87 CAD $/bu 7.04 7.24 6.89 7.49 CAD $/tonne 258.62 266.00 253.09 275.22 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 -0.77 N/A N/A N/A -1.15 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 -0.78 -0.83 N/A N/A -0.98 -1.08 N/A Brigden N/A -0.78 -0.83 N/A N/A -0.98 -1.08 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 -1.13 N/A N/A N/A N/A North Gower N/A N/A N/A -0.91 N/A N/A N/A -0.89 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.35 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 0.13N/A 0.45N/A -0.16N/A Toledo El. N/A 7.40US 7.44CA 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 7.22 7.27 6.77 7.75 CAD $/tonne 265.27 267.11 248.64 284.76 (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 485.47 - 487.67 DDG's FOB Srn, Wndr, Aylm 280.00 - 290.00