FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, April 23 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0259 down 0.0004 Chicago corn closed moderately lower. MAY13 HI 6.47 1/2 DEC13 HI 5.34 3/4 LOW 6.38 LOW 5.18 CLOSE6.38 1/2 Down 7 1/4 CLOSE 5.22 3/4 Down 10 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +JUL13+JUL13+JUL13 CK Low -0.50 5.89 231.68 -0.70 4.53 178.24 CK High -0.50 5.89 231.68 -0.70 4.53 178.24 CK Avg -0.50 -0.68 5.89 231.68 -0.70 -0.85 4.53 178.24 Essex Cty -0.55 5.84 229.71 -0.80 4.43 174.30 Mdsx Low -0.55 5.84 229.71 -0.70 4.53 178.24 Mdsx High -0.50 5.89 231.68 -0.70 4.53 178.24 Mdsx Avg -0.53 -0.70 5.86 230.70 -0.70 -0.85 4.53 178.24 Hensall -0.55 5.84 229.71 -0.70 4.53 178.24 Bruce -0.55 5.84 229.71 -0.70 4.53 178.24 Putnam -0.50 5.89 231.68 -0.75 4.48 176.27 Burford -0.50 5.89 231.68 -0.70 4.53 178.24 Port Perry -0.55 5.84 229.71 -0.70 4.53 178.24 Norfolk -0.55 5.84 229.71 -0.70 4.53 178.24 Palmerston -0.55 5.84 229.71 -0.70 4.53 178.24 Varna -0.55 5.84 229.71 -0.70 4.53 178.24 Trenton -0.40 5.99 235.62 -0.65 4.58 180.21 Winchester -0.50 5.89 231.68 -0.50 4.73 186.11 North Gower 0.07 6.46 254.12 -0.45 4.78 188.08 Huron FOB -0.50 5.89 231.68 -0.70 4.53 178.24 Kent FOB -0.50 5.89 231.68 -0.70 4.53 178.24 Lamb FOB -0.50 5.89 231.68 -0.70 4.53 178.24 Mdsx FOB -0.50 -0.30 -0.25 -0.15 5.89 231.68 -0.70 4.53 178.24 FOB SW Que -0.55 5.84 229.71 -0.55 4.68 184.15 Track -0.18 6.21 244.48N/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 -0.46 -0.55 4.68 184.15 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 N/A -0.50 4.73 186.11 Pt.Colb-Ing N/A N/A N/A -0.16 -0.45 4.78 188.08 Cardnl-Ing N/A N/A N/A N/A -0.45 4.78 188.08 W O Feed -0.14 -0.17 6.25 245.85 US Rep 0.75 0.72 7.14 280.89 Toledo El. 0.10 6.49 255.41 -0.34 4.89 192.44 TRANSFER Sarnia N/A N/A Pt. Stanley -0.55 5.84 229.71 -0.75 4.48176 1/4 Hamilton N/A -0.46 4.77187 2/3 MID SD CRN -0.50 5.88 1/2 -0.70 4.52 3/4 HI SD CRN -0.50 5.88 1/2 -0.70 4.52 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0259 down 0.0004 Chicago soybeans closed mixed. MAY13 HI 14.30 NOV13 HI 12.09 LOW 14.17 LOW 11.90 1/2 CLOSE14.19 3/4 Up 2 1/2 CLOSE 11.96 1/4 Down 6 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL13 CK Low 0.19 14.39 528.65-0.50 11.46 421.17 CK High 0.30 14.50 532.69-0.47 11.49 422.28 CK Average 0.24 -0.1514.44 530.61-0.49-0.8211.47 421.54 Essex Cty 0.49 14.69 539.67-0.32 11.64 427.79 Mdsx Low 0.22 14.42 529.75-0.47 11.49 422.28 Mdsx High 0.30 14.50 532.69-0.45 11.51 423.01 Mdsx Average 0.26 -0.1414.46 531.22-0.46-0.7911.50 422.64 Hensall 0.30 14.50 532.69-0.43 11.54 423.93 Bruce 0.30 14.50 532.69-0.45 11.51 423.01 Putnam 0.30 14.50 532.69-0.50 11.46 421.17 Burford 0.22 14.42 529.75-0.47 11.49 422.28 Port Perry 0.21 14.41 529.39-0.48 11.48 421.91 Norfolk 0.35 14.55 534.53-0.43 11.53 423.75 Palmerston 0.30 14.50 532.69-0.40 11.56 424.85 Varna 0.30 14.50 532.69-0.40 11.56 424.85 Trenton -0.20 14.00 514.32-0.50 11.46 421.17 Winchester -0.20 14.00 514.32-0.30 11.66 428.52 North Gower 0.12 14.32 526.08-0.38 11.58 425.58 Huron FOB 0.42 14.62 537.10-0.30 11.66 428.52 Kent FOB 0.30 14.50 532.69-0.48 11.48 421.91 Lambton FOB 0.30 14.50 532.69-0.48 11.48 421.91 Middlesex FOB0.12 0.31 N/A N/A 14.32 526.08-0.36 11.60 426.32 PROCESSORS Hamilton 0.60 0.65 N/A N/A 14.80 543.720.00 11.96 439.55 Windsor 0.72 0.72 N/A N/A 14.92 548.12-0.09 11.87 436.24 Winchester N/A N/A TRANSFER Hamilton 0.49 N/A N/A N/A 14.69 539.670.04 12.00 441.02 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.32 12.28 451.30 Toledo El. -0.30 13.90 510.72-0.39 11.57 425.20 Bank of Canada Noon exchange rate was 1.0259 down 0.0004 Chicago wheat closed slightly lower. MAY13 HI 7.03 1/2 JUL13 HI 7.04 1/4 LOW 6.90 1/4 LOW 6.88 1/4 CLOSE 6.97 1/2 Down 4 3/4 CLOSE 6.95 1/2 Down 7 Minni wheat closed slightly lower. MAY13 HI 8.22 SEP13 HI 8.00 LOW 8.10 3/4 LOW 7.89 1/2 CLOSE 8.15 1/4 Down 3 1/2 CLOSE 7.93 1/2 Down 2 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.32 -0.22 -0.32 -0.75 CAD $/bu 6.66 6.76 6.66 7.40 CAD $/tonne 244.54 248.32 244.54 272.02 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 -0.80 -0.90 N/A London -0.47 -0.57 -0.62 N/A -0.52 -0.72 -0.93 N/A Hensall -0.40 N/A -0.55 N/A -0.50 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 -0.62 N/A N/A N/A -0.87 N/A Norwich -0.40 N/A -0.55 N/A -0.50 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 -0.45 N/A -0.65 N/A -0.55 N/A -0.90 N/A Chatham N/A -0.57 -0.62 N/A N/A -0.83 -0.88 N/A Brigden N/A -0.57 -0.62 N/A N/A -0.83 -0.88 N/A Palmerston N/A -0.42 -0.67 -0.42 N/A -0.63 -0.89 -0.68 Varna -0.40 -0.50 -0.50 N/A -0.50 -0.80 -0.90 N/A Mitchell -0.40 -0.60 -0.55 N/A -0.50 -0.85 -0.90 N/A Thornton N/A N/A N/A -1.20 N/A N/A N/A N/A North Gower N/A N/A N/A -0.75 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 -0.27 N/A N/A N/A -0.65 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 0.07N/A 0.50N/A 0.09N/A Toledo El. 6.83US 7.02CA 6.78US 6.96CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.22 -0.22 -0.68 -0.70 CAD $/bu 6.74 6.74 6.28 7.23 CAD $/tonne 247.56 247.56 230.57 265.69 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 330.00 - 347.00 Bayport Oats 335.00 Bayport Barley 310.00 FOB Hm Soymeal 513.36 - 514.46 DDG's FOB Srn, Wndr, Aylm 290.00 - 295.00