FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 12 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0029 down 0.0036 Chicago corn closed mixed. MAR13 HI 7.03 1/4 DEC13 HI 5.63 1/4 LOW 6.91 1/2 LOW 5.52 CLOSE6.96 1/4 Down 6 CLOSE 5.63 Up 4 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 6.36 250.48 -0.75 4.88 192.12 CK High -0.53 6.43 253.24 -0.70 4.93 194.09 CK Avg -0.56 -0.58 6.41 252.25 -0.74 -0.77 4.89 192.45 Essex Cty -0.55 6.41 252.45 -0.75 4.88 192.12 Mdsx Low -0.60 6.36 250.48 -0.75 4.88 192.12 Mdsx High -0.55 6.41 252.45 -0.75 4.88 192.12 Mdsx Avg -0.58 -0.60 6.39 251.46 -0.75 -0.78 4.88 192.12 Hensall -0.55 6.41 252.45 -0.75 4.88 192.12 Bruce -0.55 6.41 252.45 -0.75 4.88 192.12 Putnam -0.55 6.41 252.45 -0.75 4.88 192.12 Burford -0.60 6.36 250.48 -0.75 4.88 192.12 Port Perry -0.60 6.36 250.48 -0.75 4.88 192.12 Norfolk -0.53 6.43 253.24 -0.75 4.88 192.12 Palmerston -0.55 6.41 252.45 -0.75 4.88 192.12 Varna -0.55 6.41 252.45 -0.75 4.88 192.12 Trenton -0.65 6.31 248.51 -0.70 4.93 194.09 Winchester -0.30 6.66 262.29 -0.60 5.03 198.02 North Gower -0.47 6.49 255.60 -0.69 4.94 194.48 Huron FOB -0.50 6.46 254.42 -0.70 4.93 194.09 Kent FOB -0.53 6.43 253.24 -0.75 4.88 192.12 Lamb FOB -0.53 6.43 253.24 -0.75 4.88 192.12 Mdsx FOB -0.60 -0.55N/A N/A 6.36 250.48 -0.75 4.88 192.12 FOB SW Que -0.40 6.56 258.35 -0.50 5.13 201.96 Track -0.20 6.76 266.23N/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 -0.35 -0.15 6.61 260.32N/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 5.08 199.99 Pt.Colb-Ing N/A N/A N/A N/A -0.50 5.13 201.96 Cardnl-Ing N/A N/A N/A N/A -0.45 5.18 203.93 W O Feed -0.19 -0.19 6.77 266.62 US Rep 0.40 0.40 7.36 289.85 Toledo El. 0.16 7.12 280.42 -0.33 5.30 208.58 TRANSFER Sarnia N/A N/A Pt. Stanley -0.50 6.46 254.42 -0.75 4.88192 1/9 Hamilton -0.50 6.46254 3/7 -0.55 5.08200 MID SD CRN -0.56 1/2 6.39 3/4 HI SD CRN -0.53 6.43 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0029 down 0.0036 Chicago soybeans closed mixed. MAR13 HI 14.38 1/2 NOV13 HI 12.77 1/4 LOW 14.17 LOW 12.65 1/4 CLOSE14.20 3/4 Down 10 3/4 CLOSE 12.76 Up 7 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL13 CK Low -0.50 13.71 503.66-0.75 12.01 441.29 CK High -0.42 13.79 506.60-0.65 12.11 444.97 CK Average -0.46 -0.5113.75 505.32-0.70-0.7712.06 443.25 Essex Cty -0.37 13.84 508.44-0.53 12.23 449.38 Mdsx Low -0.45 13.76 505.50-0.72 12.04 442.39 Mdsx High -0.40 13.81 507.34-0.65 12.11 444.97 Mdsx Average -0.43 -0.4813.78 506.42-0.69-0.7612.08 443.68 Hensall -0.40 13.81 507.34-0.65 12.11 444.97 Bruce -0.40 13.81 507.34-0.65 12.11 444.97 Putnam -0.40 13.81 507.34-0.70 12.06 443.13 Burford -0.45 13.76 505.50-0.72 12.04 442.39 Port Perry -0.48 13.73 504.40-0.75 12.01 441.29 Norfolk -0.42 13.79 506.60-0.63 12.13 445.70 Palmerston -0.40 13.81 507.34-0.65 12.11 444.97 Varna -0.40 13.81 507.34-0.65 12.11 444.97 Trenton -0.40 13.81 507.34-0.65 12.11 444.97 Winchester -0.27 13.94 512.12-0.50 12.26 450.48 North Gower -0.51 13.70 503.30-0.60 12.16 446.80 Huron FOB -0.30 13.91 511.01-0.55 12.21 448.64 Kent FOB -0.42 13.79 506.60-0.68 12.08 443.86 Lambton FOB -0.42 13.79 506.60-0.68 12.08 443.86 Middlesex FOB-0.34-0.29 N/A N/A 13.87 509.54-0.51 12.25 450.11 PROCESSORS Hamilton 0.00 0.05 0.10 0.10 14.21 522.04-0.25 12.51 459.66 Windsor -0.15-0.13-0.13-0.13 14.06 516.52-0.30 12.46 457.83 Winchester N/A N/A TRANSFER Hamilton -0.10 N/A N/A N/A 14.11 518.36-0.25 12.51 459.66 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.20 14.41 529.390.05 12.81 470.69 Toledo El. 0.02 14.23 522.77-0.38 12.38 454.81 Bank of Canada Noon exchange rate was 1.0029 down 0.0036 Chicago wheat closed slightly lower. MAR13 HI 7.44 1/4 JUL13 HI 7.53 3/4 LOW 7.25 1/2 LOW 7.37 CLOSE 7.32 Down 9 1/2 CLOSE 7.41 1/4 Down 9 1/2 Minni wheat closed slightly to moderately lower. MAR13 HI 8.29 SEP13 HI 8.54 LOW 8.10 3/4 LOW 8.39 CLOSE 8.16 Down 10 CLOSE 8.45 Down 7 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.53 -0.32 -0.68 -0.87 CAD $/bu 6.79 7.00 6.64 7.29 CAD $/tonne 249.65 257.03 244.12 267.72 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 -0.78 N/A N/A -0.95 -1.03 N/A London -0.69 -0.74 -0.69 N/A -0.69 -0.84 -0.79 N/A Hensall -0.60 N/A -0.80 N/A -0.70 N/A -1.05 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 -0.70 N/A -1.05 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 -0.75 N/A -1.05 N/A Chatham N/A -0.74 -0.79 N/A N/A -0.94 -1.04 N/A Brigden N/A -0.74 -0.79 N/A N/A -0.94 -1.04 N/A Palmerston N/A -0.65 -0.77 -0.70 N/A -0.95 -1.07 -0.85 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 -0.70 -0.85 -1.05 N/A Thornton N/A N/A N/A -1.12 N/A N/A N/A N/A North Gower N/A N/A N/A -0.86 N/A N/A N/A -0.84 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.25 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 0.13N/A 0.44N/A -0.16N/A Toledo El. 7.09US 7.12CA 7.18US 7.22CA 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 7.00 7.05 6.55 7.59 CAD $/tonne 257.24 259.09 240.62 278.95 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 360.00 Bayport Oats 350.00 Bayport Barley 330.00 FOB Hm Soymeal 473.23 - 479.84 DDG's FOB Srn, Wndr, Aylm 280.00 - 290.00