FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, February 20 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0163 up 0.0045 Chicago corn closed slightly higher. MAR13 HI 7.01 1/2 DEC13 HI 5.62 1/2 LOW 6.93 1/4 LOW 5.55 1/4 CLOSE7.00 1/2 Up 5 1/4 CLOSE 5.61 1/2 Up 3 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 -0.50 6.51 256.09 -0.75 4.87 191.53 CK High -0.50 6.51 256.09 -0.70 4.92 193.49 CK Avg -0.50 -0.63 6.51 256.09 -0.73 -0.85 4.88 192.18 Essex Cty -0.55 6.46 254.12 -0.70 4.92 193.49 Mdsx Low -0.50 6.51 256.09 -0.75 4.87 191.53 Mdsx High -0.50 6.51 256.09 -0.75 4.87 191.53 Mdsx Avg -0.50 -0.63 6.51 256.09 -0.75 -0.87 4.87 191.53 Hensall -0.50 6.51 256.09 -0.73 4.89 192.51 Bruce -0.50 6.51 256.09 -0.75 4.87 191.53 Putnam -0.50 6.51 256.09 -0.75 4.87 191.53 Burford -0.50 6.51 256.09 -0.75 4.87 191.53 Port Perry -0.55 6.46 254.12 -0.75 4.87 191.53 Norfolk -0.50 6.51 256.09 -0.70 4.92 193.49 Palmerston -0.50 6.51 256.09 -0.70 4.92 193.49 Varna -0.50 6.51 256.09 -0.70 4.92 193.49 Trenton -0.60 6.41 252.15 -0.70 4.92 193.49 Winchester -0.40 6.61 260.03 -0.65 4.97 195.46 North Gower -0.74 6.27 246.64 -0.65 4.97 195.46 Huron FOB -0.45 6.56 258.06 -0.70 4.92 193.49 Kent FOB -0.50 6.51 256.09 -0.70 4.92 193.49 Lamb FOB -0.50 6.51 256.09 -0.70 4.92 193.49 Mdsx FOB -0.50 -0.40 -0.35N/A 6.51 256.09 -0.75 4.87 191.53 FOB SW Que -0.25 6.76 265.93 -0.35 5.27 207.27 Track -0.18 6.83 268.89N/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 N/A N/A Sarn-Eth -0.35 -0.35 -0.35 -0.15 6.66 262.00N/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 5.07 199.40 Pt.Colb-Ing N/A N/A N/A N/A -0.50 5.12 201.37 Cardnl-Ing N/A N/A N/A N/A -0.45 5.17 203.34 W O Feed -0.13 -0.15 6.88 270.66 US Rep 0.65 0.63 7.66 301.36 Toledo El. 0.16 7.17 282.19 -0.34 5.28 207.79 TRANSFER Sarnia N/A N/A Pt. Stanley -0.50 6.51 256.09 -0.75 4.87191 1/2 Hamilton -0.40 6.61260 -0.50 5.12201 3/8 MID SD CRN -0.50 6.50 1/2 HI SD CRN -0.50 6.50 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0163 up 0.0045 Chicago soybeans closed slightly to moderately higher. MAR13 HI 14.92 NOV13 HI 12.91 1/4 LOW 14.66 1/2 LOW 12.71 CLOSE14.82 3/4 Up 12 1/2 CLOSE 12.87 Up 12 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL13 CK Low -0.40 14.43 530.12-0.66 12.21 448.64 CK High -0.30 14.53 533.79-0.50 12.37 454.52 CK Average -0.36 -0.6414.47 531.71-0.63-0.8912.25 449.93 Essex Cty -0.31 14.52 533.43-0.43 12.44 457.09 Mdsx Low -0.35 14.48 531.96-0.62 12.25 450.11 Mdsx High -0.32 14.51 533.06-0.60 12.27 450.85 Mdsx Average -0.34 -0.6114.49 532.51-0.61-0.8712.26 450.48 Hensall -0.35 14.48 531.96-0.60 12.27 450.85 Bruce -0.35 14.48 531.96-0.60 12.27 450.85 Putnam -0.35 14.48 531.96-0.65 12.22 449.01 Burford -0.32 14.51 533.06-0.62 12.25 450.11 Port Perry -0.35 14.48 531.96-0.65 12.22 449.01 Norfolk -0.30 14.53 533.79-0.59 12.28 451.21 Palmerston -0.35 14.48 531.96-0.60 12.27 450.85 Varna -0.35 14.48 531.96-0.60 12.27 450.85 Trenton -0.25 14.58 535.63-0.55 12.32 452.68 Winchester -0.10 14.73 541.14-0.40 12.47 458.19 North Gower -0.40 14.43 530.12-0.49 12.38 454.89 Huron FOB -0.25 14.58 535.63-0.50 12.37 454.52 Kent FOB -0.30 14.53 533.79-0.64 12.23 449.38 Lambton FOB -0.30 14.53 533.79-0.64 12.23 449.38 Middlesex FOB-0.22-0.18 N/A N/A 14.61 536.73-0.41 12.46 457.83 PROCESSORS Hamilton 0.20 0.20 0.25 0.25 15.03 552.17-0.10 12.77 469.22 Windsor -0.08-0.08-0.07 N/A 14.75 541.88-0.20 12.67 465.54 Winchester N/A N/A TRANSFER Hamilton 0.12 N/A N/A N/A 14.95 549.230.02 12.89 473.63 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.45 15.28 561.350.28 13.15 483.18 Toledo El. 0.02 14.85 545.57-0.39 12.48 458.64 Bank of Canada Noon exchange rate was 1.0163 up 0.0045 Chicago wheat closed slightly higher. MAR13 HI 7.40 3/4 JUL13 HI 7.49 3/4 LOW 7.27 3/4 LOW 7.37 CLOSE 7.38 1/2 Up 6 1/4 CLOSE 7.48 Up 6 1/4 Minni wheat closed slightly higher. MAR13 HI 8.23 SEP13 HI 8.48 1/2 LOW 8.14 1/4 LOW 8.41 1/4 CLOSE 8.20 3/4 Up 5 CLOSE 8.45 3/4 Up 1 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.42 -0.22 -0.57 -0.76 CAD $/bu 6.96 7.17 6.81 7.45 CAD $/tonne 255.88 263.36 250.26 273.57 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 -0.95 -1.05 N/A London -0.64 -0.69 -0.74 N/A -0.64 -0.79 -0.99 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 -0.65 N/A -0.85 N/A -0.75 N/A -1.05 N/A Chatham N/A -0.71 -0.76 N/A N/A -0.91 -1.01 N/A Brigden N/A -0.71 -0.76 N/A N/A -0.91 -1.01 N/A Palmerston N/A -0.53 -0.78 -0.71 N/A -0.83 -1.08 -0.86 Varna -0.50 -0.60 -0.75 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 -1.02 N/A N/A N/A N/A North Gower N/A N/A N/A -0.81 N/A N/A N/A -0.79 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.18 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 0.24N/A 0.56N/A -0.05N/A Toledo El. 7.16US 7.29CA 7.25US 7.40CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.31 -0.25 -0.77 -0.74 CAD $/bu 7.17 7.23 6.71 7.71 CAD $/tonne 263.61 265.48 246.73 283.39 (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 - 508.84 DDG's FOB Srn, Wndr, Aylm 285.00 - 290.00