FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, April 1 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0167 up 0.0011 Chicago corn closed slightly lower to limit down. MAY13 HI 6.79 DEC13 HI 5.42 3/4 LOW 6.36 1/2 LOW 5.25 1/2 CLOSE6.42 1/4 Down 53 CLOSE 5.35 1/2 Down 3 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY13+JUL13+JUL13 CK Low -0.50 5.92 233.16 -0.75 4.61 181.29 CK High -0.50 5.92 233.16 -0.70 4.66 183.26 CK Avg -0.50 -0.62 5.92 233.16 -0.74 -0.84 4.61 181.62 Essex Cty -0.55 5.87 231.19 -0.80 4.56 179.32 Mdsx Low -0.55 5.87 231.19 -0.75 4.61 181.29 Mdsx High -0.50 5.92 233.16 -0.75 4.61 181.29 Mdsx Avg -0.53 -0.65 5.90 232.17 -0.75 -0.85 4.61 181.29 Hensall -0.55 5.87 231.19 -0.75 4.61 181.29 Bruce -0.55 5.87 231.19 -0.75 4.61 181.29 Putnam -0.50 5.92 233.16 -0.75 4.61 181.29 Burford -0.55 5.87 231.19 -0.75 4.61 181.29 Port Perry -0.55 5.87 231.19 -0.75 4.61 181.29 Norfolk -0.55 5.87 231.19 -0.75 4.61 181.29 Palmerston -0.55 5.87 231.19 -0.75 4.61 181.29 Varna -0.55 5.87 231.19 -0.75 4.61 181.29 Trenton -0.55 5.87 231.19 -0.70 4.66 183.26 Winchester -0.45 5.97 235.13 -0.50 4.86 191.13 North Gower N/A -0.45 4.91 193.10 Huron FOB -0.50 5.92 233.16 -0.75 4.61 181.29 Kent FOB -0.50 5.92 233.16 -0.75 4.61 181.29 Lamb FOB -0.50 5.92 233.16 -0.75 4.61 181.29 Mdsx FOB -0.50 -0.30 -0.30 -0.20 5.92 233.16 -0.75 4.61 181.29 FOB SW Que -0.50 5.92 233.16 -0.25 5.11 200.97 Track -0.18 6.25 245.95N/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 -0.25 0.60 -0.55 4.81 189.16 Sarn-Eth N/A N/A -0.30 -0.20 N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A 0.75 -0.50 4.86 191.13 Pt.Colb-Ing N/A N/A N/A 0.80 -0.45 4.91 193.10 Cardnl-Ing N/A N/A N/A 0.70 -0.45 4.91 193.10 W O Feed -0.13 -0.15 6.29 247.72 US Rep 0.57 0.55 6.99 275.28 Toledo El. 0.16 6.59 259.26 -0.34 5.02 197.58 TRANSFER Sarnia N/A N/A Pt. Stanley -0.50 5.92 233.16 -0.70 4.66183 1/4 Hamilton -0.45 5.97235 1/8 -0.50 4.86191 1/8 MID SD CRN -0.50 5.92 1/4 HI SD CRN -0.50 5.92 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0167 up 0.0011 Chicago soybeans closed mixed. MAY13 HI 14.08 1/4 NOV13 HI 12.59 1/4 LOW 13.86 1/4 LOW 12.45 1/4 CLOSE13.90 3/4 Down 14 CLOSE 12.52 3/4 Up 1 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL13 CK Low 0.00 13.91 511.01-0.61 11.92 437.89 CK High 0.00 13.91 511.01-0.50 12.03 441.93 CK Average 0.00 -0.2613.91 511.01-0.57-0.8111.96 439.30 Essex Cty 0.14 14.05 516.16-0.33 12.20 448.18 Mdsx Low 0.00 13.91 511.01-0.57 11.96 439.36 Mdsx High 0.02 13.93 511.75-0.55 11.98 440.10 Mdsx Average 0.01 -0.2513.92 511.38-0.56-0.7911.97 439.73 Hensall 0.03 13.93 511.93-0.55 11.98 440.10 Bruce 0.00 13.91 511.01-0.55 11.98 440.10 Putnam 0.00 13.91 511.01-0.60 11.93 438.26 Burford 0.02 13.93 511.75-0.57 11.96 439.36 Port Perry 0.01 13.92 511.38-0.58 11.95 439.00 Norfolk 0.05 13.96 512.85-0.56 11.97 439.73 Palmerston 0.05 13.96 512.85-0.55 11.98 440.10 Varna 0.05 13.96 512.85-0.55 11.98 440.10 Trenton -0.35 13.56 498.15-0.55 11.98 440.10 Winchester -0.35 13.56 498.15-0.38 12.15 446.34 North Gower -0.19 13.72 504.03-0.43 12.10 444.51 Huron FOB 0.10 14.01 514.69-0.50 12.03 441.93 Kent FOB 0.00 13.91 511.01-0.61 11.92 437.89 Lambton FOB 0.00 13.91 511.01-0.61 11.92 437.89 Middlesex FOB-0.010.04 N/A N/A 13.90 510.65-0.44 12.09 444.14 PROCESSORS Hamilton 0.35 0.40 N/A N/A 14.26 523.87-0.10 12.43 456.63 Windsor 0.37 0.37 0.56 N/A 14.28 524.61-0.10 12.43 456.63 Winchester N/A N/A TRANSFER Hamilton 0.34 N/A N/A N/A 14.25 523.51-0.10 12.43 456.63 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.25 14.16 520.200.25 12.78 469.49 Toledo El. 0.07 13.98 513.63-0.39 12.14 446.08 Bank of Canada Noon exchange rate was 1.0167 up 0.0011 Chicago wheat closed lower. MAY13 HI 6.88 3/4 JUL13 HI 6.92 1/4 LOW 6.59 3/4 LOW 6.64 3/4 CLOSE 6.64 Down 23 3/4 CLOSE 6.69 Down 22 Minni wheat closed moderately lower. MAY13 HI 7.82 1/2 SEP13 HI 7.81 1/4 LOW 7.61 1/4 LOW 7.62 3/4 CLOSE 7.65 3/4 Down 14 1/2 CLOSE 7.65 3/4 Down 15 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.38 -0.28 -0.38 -0.82 CAD $/bu 6.26 6.36 6.26 6.83 CAD $/tonne 229.84 233.58 229.84 251.08 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 -0.65 N/A N/A -0.89 -0.93 N/A London -0.51 -0.61 -0.66 N/A -0.56 -0.77 -0.92 N/A Hensall N/A N/A N/A N/A -0.40 N/A -0.90 N/A Trenton N/A N/A N/A N/A N/A N/A -1.10 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.49 Essex N/A N/A -0.69 N/A N/A N/A -0.93 N/A Norwich N/A N/A N/A N/A -0.40 N/A -0.90 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 -0.45 N/A -0.90 N/A Chatham N/A -0.65 -0.69 N/A N/A -0.89 -0.93 N/A Brigden N/A -0.65 -0.69 N/A N/A -0.89 -0.93 N/A Palmerston N/A -0.36 -0.58 -0.46 N/A -0.68 -0.89 -0.75 Varna -0.45 -0.50 -0.55 N/A -0.55 -0.85 -0.95 N/A Mitchell N/A N/A N/A N/A -0.40 -0.85 -0.90 N/A Thornton N/A N/A N/A -1.15 N/A N/A N/A N/A North Gower N/A N/A N/A -0.83 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 -0.14 N/A N/A N/A -0.70 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 0.28N/A 0.43N/A -0.08N/A Toledo El. 6.79US 6.92CA 6.56US 6.68CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.28 -0.28 -0.74 -0.77 CAD $/bu 6.41 6.41 5.95 6.88 CAD $/tonne 235.45 235.45 218.61 252.95 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 347.00 - 355.00 Bayport Oats 350.00 Bayport Barley 320.00 FOB Hm Soymeal 472.35 - 474.55 DDG's FOB Srn, Wndr, Aylm 320.00