FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, May 2 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0083 down 0.0001 Chicago corn closed moderately higher to higher. JUL13 HI 6.62 3/4 DEC13 HI 5.59 1/2 LOW 6.45 LOW 5.47 CLOSE6.62 Up 15 1/4 CLOSE 5.59 Up 8 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +JUL13+JUL13+JUL13 CK Low -0.35 6.27 246.84 -0.75 4.84 190.54 CK High -0.30 6.32 248.81 -0.70 4.89 192.51 CK Avg -0.34 -0.40 6.28 247.17 -0.74 -0.79 4.85 190.87 Essex Cty -0.35 6.27 246.84 -0.75 4.84 190.54 Mdsx Low -0.40 6.22 244.87 -0.75 4.84 190.54 Mdsx High -0.35 6.27 246.84 -0.75 4.84 190.54 Mdsx Avg -0.38 -0.43 6.25 245.85 -0.75 -0.80 4.84 190.54 Hensall -0.40 6.22 244.87 -0.73 4.87 191.53 Bruce -0.40 6.22 244.87 -0.75 4.84 190.54 Putnam N/A -0.70 4.89 192.51 Burford -0.40 6.22 244.87 -0.75 4.84 190.54 Port Perry -0.35 6.27 246.84 -0.75 4.84 190.54 Norfolk -0.40 6.22 244.87 -0.75 4.84 190.54 Palmerston -0.40 6.22 244.87 -0.70 4.89 192.51 Varna -0.40 6.22 244.87 -0.70 4.89 192.51 Trenton -0.40 6.22 244.87 -0.75 4.84 190.54 Winchester -0.35 6.27 246.84 -0.50 5.09 200.38 North Gower -0.84 5.78 227.55 -0.45 5.14 202.35 Huron FOB -0.30 6.32 248.81 -0.70 4.89 192.51 Kent FOB -0.35 6.27 246.84 -0.75 4.84 190.54 Lamb FOB -0.35 6.27 246.84 -0.75 4.84 190.54 Mdsx FOB -0.35 -0.30N/A N/A 6.27 246.84 -0.75 4.84 190.54 FOB SW Que -0.35 6.27 246.84 -0.55 5.04 198.42 Track -0.05 6.57 258.65N/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 -0.25 0.50 0.55 -0.55 5.04 198.42 Sarn-Eth N/A -0.30 -0.20N/A N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A 0.80 -0.50 5.09 200.38 Pt.Colb-Ing N/A N/A 0.80 0.85 -0.45 5.14 202.35 Cardnl-Ing N/A N/A N/A 0.85 -0.45 5.14 202.35 W O Feed -0.06 -0.07 6.56 258.10 US Rep 0.42 0.41 7.04 277.15 Toledo El. 0.32 6.94 273.32 -0.33 5.26 206.97 TRANSFER Sarnia N/A N/A Pt. Stanley -0.35 6.27 246.84 -0.80 4.79188 4/7 Hamilton -0.30 6.32248 4/5 -0.55 5.04198 2/5 MID SD CRN -0.72 1/2 4.86 1/2 HI SD CRN -0.70 4.891 *Wet Bid Bank of Canada Noon exchange rate was 1.0083 down 0.0001 Chicago soybeans closed slightly lower. JUL13 HI 13.83 1/4 NOV13 HI 12.13 LOW 13.68 LOW 12.02 1/4 CLOSE13.72 1/4 Down 3/4 CLOSE 12.04 Down 5 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+SEP1+JUL13 CK Low 0.50 14.22 522.59-0.70 11.34 416.67 CK High 0.60 14.32 526.26-0.60 11.44 420.35 CK Average 0.54 0.42 14.26 524.12-0.66-0.7611.38 418.20 Essex Cty 0.66 14.38 528.47-0.54 11.50 422.55 Mdsx Low 0.50 14.22 522.59-0.66 11.38 418.14 Mdsx High 0.57 14.29 525.16-0.60 11.44 420.35 Mdsx Average 0.54 0.42 14.26 523.87-0.63-0.7311.41 419.25 Hensall 0.50 14.22 522.59-0.60 11.44 420.35 Bruce 0.50 14.22 522.59-0.60 11.44 420.35 Putnam N/A -0.50 11.54 424.02 Burford 0.57 14.29 525.16-0.66 11.38 418.14 Port Perry 0.56 14.28 524.79-0.67 11.37 417.78 Norfolk 0.51 14.23 522.95-0.60 11.44 420.35 Palmerston 0.60 14.32 526.26-0.60 11.44 420.35 Varna 0.60 14.32 526.26-0.60 11.44 420.35 Trenton 0.35 14.07 517.08-0.70 11.34 416.67 Winchester 0.02 13.74 504.95-0.55 11.49 422.19 North Gower 0.40 14.12 518.91-0.53 11.51 422.92 Huron FOB 0.62 14.34 527.00-0.50 11.54 424.02 Kent FOB 0.55 14.27 524.42-0.65 11.39 418.51 Lambton FOB 0.55 14.27 524.42-0.65 11.39 418.51 Middlesex FOB0.57 0.57 N/A N/A 14.29 525.16-0.60 11.44 420.35 PROCESSORS Hamilton 0.95 0.95 N/A N/A 14.67 539.12-0.20 11.84 435.05 Windsor 0.89 0.86 N/A N/A 14.61 536.92-0.31 11.73 431.00 Winchester N/A N/A TRANSFER Hamilton 0.95 N/A N/A N/A 14.67 539.12-0.30 11.74 431.37 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.45 14.17 520.750.10 12.14 446.07 Toledo El. 0.63 14.35 527.19-0.38 11.66 428.31 Bank of Canada Noon exchange rate was 1.0083 down 0.0001 Chicago wheat closed slightly higher. JUL13 HI 7.30 JUL13 HI 7.30 LOW 7.17 3/4 LOW 7.17 3/4 CLOSE 7.28 1/2 Up 7 1/2 CLOSE 7.28 1/2 Up 7 1/2 Minni wheat closed slightly higher. JUL13 HI 8.28 1/2 SEP13 HI 8.29 1/2 LOW 8.13 LOW 8.16 1/2 CLOSE 8.25 1/4 Up 9 1/2 CLOSE 8.27 1/2 Up 8 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.69 -0.59 -0.69 -0.90 CAD $/bu 6.59 6.69 6.59 7.36 CAD $/tonne 242.18 245.88 242.18 270.25 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 -1.00 -1.10 N/A London -0.64 -0.69 -0.64 N/A -0.69 -0.94 -1.04 N/A Hensall -0.50 N/A -0.65 N/A -0.60 N/A -1.00 N/A Trenton N/A N/A N/A N/A N/A N/A -1.15 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.59 Essex N/A N/A -0.74 N/A N/A N/A -0.98 N/A Norwich -0.50 N/A -0.65 N/A -0.60 N/A -1.00 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.50 N/A -0.70 N/A -0.60 N/A -1.10 N/A Chatham N/A -0.65 -0.70 N/A N/A -1.10 -1.20 N/A Brigden N/A -0.65 -0.70 N/A N/A -1.10 -1.20 N/A Palmerston N/A -0.53 -0.70 -0.56 N/A -0.80 -1.05 -0.81 Varna -0.50 -0.60 -0.60 N/A -0.60 -0.90 -1.00 N/A Mitchell -0.50 -0.65 -0.65 N/A -0.60 -0.95 -1.00 N/A Thornton N/A N/A N/A -1.11 N/A N/A N/A N/A North Gower N/A N/A N/A -0.89 N/A N/A N/A -0.83 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.30 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 0.01N/A 0.37N/A -0.04N/A Toledo El. 7.16US 7.22CA 7.16US 7.22CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.34 -0.34 -0.79 -0.84 CAD $/bu 6.94 6.94 6.49 7.44 CAD $/tonne 255.15 255.15 238.47 273.31 (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 530.88 - 536.39 DDG's FOB Srn, Wndr, Aylm 255.00 - 265.00