FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, February 15 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.007 up 0.0062 Chicago corn closed mixed. MAR13 HI 7.03 1/4 DEC13 HI 5.68 LOW 6.94 LOW 5.60 1/2 CLOSE6.98 3/4 Up 4 CLOSE 5.63 Down 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 -0.55 6.44 253.43 -0.75 4.88 192.12 CK High -0.55 6.44 253.43 -0.70 4.93 194.09 CK Avg -0.55 -0.60 6.44 253.43 -0.74 -0.80 4.89 192.45 Essex Cty -0.55 6.44 253.43 -0.70 4.93 194.09 Mdsx Low -0.55 6.44 253.43 -0.75 4.88 192.12 Mdsx High -0.55 6.44 253.43 -0.75 4.88 192.12 Mdsx Avg -0.55 -0.60 6.44 253.43 -0.75 -0.80 4.88 192.12 Hensall -0.55 6.44 253.43 -0.75 4.88 192.12 Bruce -0.55 6.44 253.43 -0.75 4.88 192.12 Putnam -0.55 6.44 253.43 -0.75 4.88 192.12 Burford -0.55 6.44 253.43 -0.70 4.93 194.09 Port Perry -0.55 6.44 253.43 -0.75 4.88 192.12 Norfolk -0.55 6.44 253.43 -0.75 4.88 192.12 Palmerston -0.55 6.44 253.43 -0.75 4.88 192.12 Varna -0.55 6.44 253.43 -0.75 4.88 192.12 Trenton -0.60 6.39 251.46 -0.70 4.93 194.09 Winchester -0.40 6.59 259.34 -0.65 4.98 196.05 North Gower -0.74 6.25 245.95 -0.69 4.94 194.48 Huron FOB -0.50 6.49 255.40 -0.70 4.93 194.09 Kent FOB -0.55 6.44 253.43 -0.75 4.88 192.12 Lamb FOB -0.53 6.46 254.22 -0.75 4.88 192.12 Mdsx FOB -0.55 -0.50N/A N/A 6.44 253.43 -0.75 4.88 192.12 FOB SW Que -0.40 6.59 259.34 -0.45 5.18 203.93 Track -0.20 6.79 267.21N/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 6.64 261.31N/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 -0.20 6.80 267.61 US Rep 0.40 0.39 7.39 290.83 Toledo El. 0.16 7.15 281.43 -0.33 5.30 208.53 TRANSFER Sarnia N/A N/A Pt. Stanley -0.50 6.49 255.40 -0.75 4.88192 1/9 Hamilton -0.45 6.54257 3/8 -0.55 5.08200 MID SD CRN -0.55 6.43 3/4 HI SD CRN -0.55 6.43 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.007 up 0.0062 Chicago soybeans closed mixed. MAR13 HI 14.28 NOV13 HI 12.69 1/2 LOW 14.15 LOW 12.57 3/4 CLOSE14.24 1/2 Up 6 1/2 CLOSE 12.61 3/4 Down 3 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL13 CK Low -0.50 13.75 505.04-0.75 11.87 436.06 CK High -0.43 13.82 507.61-0.65 11.97 439.73 CK Average -0.47 -0.5813.77 506.08-0.71-0.8211.91 437.71 Essex Cty -0.31 13.94 512.02-0.43 12.19 447.81 Mdsx Low -0.45 13.80 506.88-0.70 11.92 437.89 Mdsx High -0.42 13.83 507.98-0.65 11.97 439.73 Mdsx Average -0.44 -0.5413.81 507.43-0.68-0.7911.94 438.81 Hensall -0.45 13.80 506.88-0.68 11.94 438.81 Bruce -0.45 13.80 506.88-0.65 11.97 439.73 Putnam -0.50 13.75 505.04-0.75 11.87 436.06 Burford -0.42 13.83 507.98-0.70 11.92 437.89 Port Perry -0.45 13.80 506.88-0.73 11.89 436.79 Norfolk -0.45 13.80 506.88-0.65 11.97 439.73 Palmerston -0.45 13.80 506.88-0.75 11.87 436.06 Varna -0.45 13.80 506.88-0.70 11.92 437.89 Trenton -0.36 13.89 510.19-0.78 11.84 434.95 Winchester -0.25 14.00 514.23-0.60 12.02 441.57 North Gower -0.51 13.74 504.67-0.60 12.02 441.57 Huron FOB -0.30 13.95 512.39-0.60 12.02 441.57 Kent FOB -0.45 13.80 506.88-0.70 11.92 437.89 Lambton FOB -0.45 13.80 506.88-0.70 11.92 437.89 Middlesex FOB-0.31-0.26 N/A N/A 13.94 512.02-0.48 12.14 445.98 PROCESSORS Hamilton 0.05 0.10 0.10 0.15 14.30 525.25-0.20 12.42 456.27 Windsor -0.08-0.08-0.07 N/A 14.17 520.47-0.20 12.42 456.27 Winchester N/A N/A TRANSFER Hamilton 0.00 N/A N/A N/A 14.25 523.41-0.16 12.46 457.73 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.20 14.45 530.760.07 12.69 466.19 Toledo El. 0.02 14.27 524.15-0.38 12.23 449.52 Bank of Canada Noon exchange rate was 1.007 up 0.0062 Chicago wheat closed slightly to moderately higher. MAR13 HI 7.44 1/2 JUL13 HI 7.54 LOW 7.32 3/4 LOW 7.42 1/2 CLOSE 7.42 1/4 Up 10 1/4 CLOSE 7.51 Up 7 1/4 Minni wheat closed slightly higher. MAR13 HI 8.28 SEP13 HI 8.56 1/4 LOW 8.16 3/4 LOW 8.46 3/4 CLOSE 8.23 1/2 Up 4 1/4 CLOSE 8.52 1/2 Up 4 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.50 -0.30 -0.65 -0.85 CAD $/bu 6.92 7.13 6.77 7.39 CAD $/tonne 254.40 261.81 248.85 271.52 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 -0.68 -0.73 -0.78 N/A -0.68 -0.83 -1.03 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 -0.79 N/A N/A N/A -1.13 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 N/A N/A N/A N/A N/A N/A N/A 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 -1.07 N/A N/A N/A N/A North Gower N/A N/A N/A -0.89 N/A N/A N/A -0.87 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 -0.75 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 0.16N/A 0.48N/A -0.13N/A Toledo El. 7.19US 7.25CA 7.28US 7.35CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.38 -0.33 -0.84 -0.83 CAD $/bu 7.13 7.18 6.67 7.70 CAD $/tonne 261.87 263.73 245.18 282.83 (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 472.24 - 478.85 DDG's FOB Srn, Wndr, Aylm 280.00 - 290.00