FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, February 14 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0008 down 0.0012 Chicago corn closed slightly lower. MAR13 HI 6.99 1/4 DEC13 HI 5.68 LOW 6.90 LOW 5.57 1/4 CLOSE6.94 3/4 Down 3/4 CLOSE 5.63 3/4 Down 1/2 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 6.35 249.89 -0.75 4.89 192.41 CK High -0.55 6.40 251.86 -0.70 4.94 194.38 CK Avg -0.56 -0.57 6.39 251.53 -0.74 -0.76 4.90 192.74 Essex Cty -0.50 6.45 253.83 -0.75 4.89 192.41 Mdsx Low -0.60 6.35 249.89 -0.75 4.89 192.41 Mdsx High -0.55 6.40 251.86 -0.75 4.89 192.41 Mdsx Avg -0.58 -0.59 6.37 250.87 -0.75 -0.77 4.89 192.41 Hensall -0.55 6.40 251.86 -0.75 4.89 192.41 Bruce -0.55 6.40 251.86 -0.75 4.89 192.41 Putnam -0.55 6.40 251.86 -0.75 4.89 192.41 Burford -0.60 6.35 249.89 -0.75 4.89 192.41 Port Perry -0.60 6.35 249.89 -0.75 4.89 192.41 Norfolk -0.55 6.40 251.86 -0.75 4.89 192.41 Palmerston -0.55 6.40 251.86 -0.75 4.89 192.41 Varna -0.55 6.40 251.86 -0.75 4.89 192.41 Trenton -0.65 6.30 247.92 -0.70 4.94 194.38 Winchester -0.30 6.65 261.70 -0.60 5.04 198.32 North Gower -0.71 6.24 245.56 -0.73 4.91 193.20 Huron FOB -0.50 6.45 253.83 -0.70 4.94 194.38 Kent FOB -0.55 6.40 251.86 -0.75 4.89 192.41 Lamb FOB -0.53 6.42 252.65 -0.75 4.89 192.41 Mdsx FOB -0.60 -0.55N/A N/A 6.35 249.89 -0.75 4.89 192.41 FOB SW Que -0.40 6.55 257.76 -0.45 5.19 204.22 Track -0.20 6.75 265.64N/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 6.60 259.73N/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 5.09 200.29 Pt.Colb-Ing N/A N/A N/A N/A -0.50 5.14 202.25 Cardnl-Ing N/A N/A N/A N/A -0.45 5.19 204.22 W O Feed -0.19 -0.19 6.76 266.03 US Rep 0.40 0.40 7.35 289.26 Toledo El. 0.16 7.11 279.82 -0.33 5.31 208.89 TRANSFER Sarnia N/A N/A Pt. Stanley -0.50 6.45 253.83 -0.75 4.89192 2/5 Hamilton -0.50 6.45253 5/6 -0.55 5.09200 2/7 MID SD CRN -0.57 1/2 6.37 1/4 HI SD CRN -0.55 6.39 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0008 down 0.0012 Chicago soybeans closed slightly lower. MAR13 HI 14.28 3/4 NOV13 HI 12.76 3/4 LOW 14.06 LOW 12.56 3/4 CLOSE14.18 Down 5 CLOSE 12.64 3/4 Down 7 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 13.63 500.82-0.77 11.88 436.42 CK High -0.45 13.73 504.49-0.65 12.00 440.83 CK Average -0.50 -0.5313.68 502.53-0.73-0.7811.92 438.08 Essex Cty -0.40 13.78 506.33-0.50 12.15 446.34 Mdsx Low -0.50 13.68 502.65-0.73 11.92 437.89 Mdsx High -0.48 13.70 503.39-0.70 11.95 439.00 Mdsx Average -0.49 -0.5213.69 503.02-0.72-0.7711.93 438.44 Hensall -0.48 13.71 503.57-0.70 11.95 439.00 Bruce -0.50 13.68 502.65-0.70 11.95 439.00 Putnam -0.50 13.68 502.65-0.75 11.90 437.16 Burford -0.48 13.70 503.39-0.73 11.92 437.89 Port Perry -0.51 13.67 502.29-0.76 11.89 436.79 Norfolk -0.48 13.70 503.39-0.68 11.97 439.73 Palmerston -0.40 13.78 506.33-0.65 12.00 440.83 Varna -0.45 13.73 504.49-0.70 11.95 439.00 Trenton -0.40 13.78 506.33-0.70 11.95 439.00 Winchester -0.32 13.86 509.27-0.55 12.10 444.51 North Gower -0.56 13.62 500.45-0.63 12.02 441.57 Huron FOB -0.30 13.88 510.00-0.60 12.05 442.67 Kent FOB -0.48 13.70 503.39-0.73 11.92 437.89 Lambton FOB -0.48 13.70 503.39-0.73 11.92 437.89 Middlesex FOB-0.37-0.32 N/A N/A 13.81 507.43-0.52 12.13 445.61 PROCESSORS Hamilton -0.050.00 0.05 0.05 14.13 519.19-0.25 12.40 455.53 Windsor -0.17-0.16-0.15-0.15 14.01 514.78-0.27 12.38 454.80 Winchester N/A N/A TRANSFER Hamilton -0.13 N/A N/A N/A 14.05 516.25-0.22 12.43 456.63 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.20 14.38 528.370.07 12.72 467.29 Toledo El. 0.02 14.20 521.76-0.38 12.27 450.70 Bank of Canada Noon exchange rate was 1.0008 down 0.0012 Chicago wheat closed slightly lower. MAR13 HI 7.40 3/4 JUL13 HI 7.50 1/4 LOW 7.25 LOW 7.36 1/2 CLOSE 7.32 Down 3 1/2 CLOSE 7.43 3/4 Down 2 Minni wheat closed slightly lower. MAR13 HI 8.28 1/4 SEP13 HI 8.56 1/2 LOW 8.14 1/4 LOW 8.43 CLOSE 8.19 1/4 Down 3 3/4 CLOSE 8.47 3/4 Down 4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.54 -0.34 -0.69 -0.89 CAD $/bu 6.78 6.98 6.63 7.31 CAD $/tonne 249.23 256.59 243.71 268.46 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 -1.05 N/A London -0.70 -0.75 -0.80 N/A -0.70 -0.85 -1.05 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 -0.83 N/A N/A N/A -1.17 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 -0.78 -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 -0.53 -0.78 -0.71 N/A -0.83 -1.08 -0.86 Varna -0.60 -0.70 -0.85 N/A -0.70 -1.10 -1.20 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 -1.16 N/A N/A N/A N/A North Gower N/A N/A N/A -0.88 N/A N/A N/A -0.86 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 0.11N/A 0.43N/A -0.17N/A Toledo El. 7.09US 7.10CA 7.21US 7.24CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.42 -0.37 -0.87 -0.87 CAD $/bu 7.02 7.07 6.56 7.61 CAD $/tonne 257.78 259.62 241.18 279.54 (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 469.81 - 476.43 DDG's FOB Srn, Wndr, Aylm 280.00 - 290.00