FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, May 3 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0079 down 0.0004 Chicago corn closed slightly lower. JUL13 HI 6.67 DEC13 HI 5.60 3/4 LOW 6.57 3/4 LOW 5.52 CLOSE6.61 1/4 Down 3/4 CLOSE 5.53 1/2 Down 5 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 6.26 246.54 -0.75 4.79 188.38 CK High -0.30 6.31 248.51 -0.70 4.84 190.35 CK Avg -0.34 -0.40 6.27 246.87 -0.74 -0.79 4.79 188.71 Essex Cty -0.35 6.26 246.54 -0.75 4.79 188.38 Mdsx Low -0.40 6.21 244.58 -0.75 4.79 188.38 Mdsx High -0.35 6.26 246.54 -0.75 4.79 188.38 Mdsx Avg -0.38 -0.44 6.24 245.56 -0.75 -0.80 4.79 188.38 Hensall -0.40 6.21 244.58 -0.73 4.81 189.36 Bruce -0.40 6.21 244.58 -0.75 4.79 188.38 Putnam N/A -0.70 4.84 190.35 Burford -0.40 6.21 244.58 -0.75 4.79 188.38 Port Perry -0.35 6.26 246.54 -0.75 4.79 188.38 Norfolk -0.40 6.21 244.58 -0.75 4.79 188.38 Palmerston -0.40 6.21 244.58 -0.70 4.84 190.35 Varna -0.40 6.21 244.58 -0.70 4.84 190.35 Trenton -0.40 6.21 244.58 -0.75 4.79 188.38 Winchester -0.35 6.26 246.54 -0.50 5.04 198.22 North Gower -0.74 5.87 231.19 -0.45 5.09 200.19 Huron FOB -0.30 6.31 248.51 -0.70 4.84 190.35 Kent FOB -0.35 6.26 246.54 -0.75 4.79 188.38 Lamb FOB -0.35 6.26 246.54 -0.75 4.79 188.38 Mdsx FOB -0.35 -0.30N/A N/A 6.26 246.54 -0.75 4.79 188.38 FOB SW Que -0.30 6.31 248.51 -0.50 5.04 198.22 Track -0.05 6.56 258.35N/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 4.99 196.25 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 5.04 198.22 Pt.Colb-Ing N/A N/A 0.80 0.85 -0.45 5.09 200.19 Cardnl-Ing N/A N/A N/A 0.85 -0.45 5.09 200.19 W O Feed -0.06 -0.07 6.55 257.80 US Rep 0.42 0.41 7.03 276.86 Toledo El. 0.32 6.94 273.04 -0.33 5.20 204.79 TRANSFER Sarnia N/A N/A Pt. Stanley -0.35 6.26 246.54 -0.80 4.74186 2/5 Hamilton -0.30 6.31248 1/2 -0.54 5.00196 2/3 MID SD CRN -0.72 1/2 4.81 HI SD CRN -0.70 4.83 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0079 down 0.0004 Chicago soybeans closed moderately higher. JUL13 HI 13.99 3/4 NOV13 HI 12.25 1/2 LOW 13.72 LOW 12.03 1/2 CLOSE13.87 1/4 Up 15 CLOSE 12.21 1/4 Up 17 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 14.37 528.10-0.70 11.51 423.01 CK High 0.63 14.50 532.88-0.60 11.61 426.69 CK Average 0.54 0.41 14.41 529.63-0.65-0.7711.56 424.85 Essex Cty 0.66 14.53 533.98-0.54 11.67 428.89 Mdsx Low 0.50 14.37 528.10-0.61 11.60 426.32 Mdsx High 0.51 14.38 528.47-0.60 11.61 426.69 Mdsx Average 0.51 0.37 14.38 528.28-0.61-0.7211.61 426.50 Hensall 0.50 14.37 528.10-0.60 11.61 426.69 Bruce 0.50 14.37 528.10-0.60 11.61 426.69 Putnam N/A -0.50 11.71 430.36 Burford 0.51 14.38 528.47-0.61 11.60 426.32 Port Perry 0.50 14.37 528.10-0.62 11.59 425.95 Norfolk 0.51 14.38 528.47-0.60 11.61 426.69 Palmerston 0.60 14.47 531.77-0.60 11.61 426.69 Varna 0.50 14.37 528.10-0.60 11.61 426.69 Trenton 0.35 14.22 522.59-0.70 11.51 423.01 Winchester 0.07 13.94 512.30-0.51 11.70 429.99 North Gower 0.44 14.31 525.89-0.48 11.73 431.10 Huron FOB 0.62 14.49 532.51-0.50 11.71 430.36 Kent FOB 0.55 14.42 529.94-0.65 11.56 424.85 Lambton FOB 0.55 14.42 529.94-0.65 11.56 424.85 Middlesex FOB0.61 0.63 N/A N/A 14.48 532.14-0.56 11.65 428.16 PROCESSORS Hamilton 1.00 1.05 N/A N/A 14.87 546.47-0.20 12.01 441.38 Windsor 0.88 0.86 0.87 N/A 14.75 542.06-0.31 11.90 437.34 Winchester N/A N/A TRANSFER Hamilton 0.97 N/A N/A N/A 14.84 545.37-0.29 11.92 438.08 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.45 14.32 526.260.13 12.34 453.51 Toledo El. 0.58 14.45 530.87-0.38 11.83 434.64 Bank of Canada Noon exchange rate was 1.0079 down 0.0004 Chicago wheat closed slightly lower. JUL13 HI 7.35 JUL13 HI 7.35 LOW 7.16 1/2 LOW 7.16 1/2 CLOSE 7.21 Down 7 1/2 CLOSE 7.21 Down 7 1/2 Minni wheat closed slightly lower. JUL13 HI 8.30 SEP13 HI 8.29 1/2 LOW 8.16 LOW 8.17 CLOSE 8.18 Down 7 1/4 CLOSE 8.19 Down 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 -0.89 CAD $/bu 6.52 6.62 6.52 7.29 CAD $/tonne 239.62 243.33 239.62 267.81 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 -1.05 N/A London -0.61 -0.66 -0.61 N/A -0.66 -0.92 -1.02 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 -0.62 -0.67 N/A N/A -1.08 -1.18 N/A Brigden N/A -0.62 -0.67 N/A N/A -1.08 -1.18 N/A Palmerston N/A -0.53 -0.70 -0.56 N/A -0.80 -1.05 -0.81 Varna -0.55 -0.65 -0.65 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 -1.10 N/A N/A N/A N/A North Gower N/A N/A N/A -0.90 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 -0.35 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 0.02N/A 0.37N/A -0.03N/A Toledo El. 7.08US 7.15CA 7.08US 7.15CA 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 -0.83 CAD $/bu 6.87 6.87 6.42 7.36 CAD $/tonne 252.60 252.60 235.91 270.40 (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 528.90 - 535.51 DDG's FOB Srn, Wndr, Aylm 255.00 - 265.00