FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, May 7 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0052 down 0.0023 Chicago corn closed slightly higher. JUL13 HI 6.45 3/4 DEC13 HI 5.41 1/2 LOW 6.33 3/4 LOW 5.30 CLOSE6.40 Up 3 1/2 CLOSE 5.39 1/4 Up 1 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +JUL13+SEP13+SEP13 CK Low -0.40 6.00 236.21 -0.75 4.64 182.77 CK High -0.30 6.10 240.15 -0.70 4.69 184.74 CK Avg -0.37 -0.41 6.03 237.52 -0.74 -0.77 4.65 183.10 Essex Cty -0.35 6.05 238.18 -0.75 4.64 182.77 Mdsx Low -0.40 6.00 236.21 -0.75 4.64 182.77 Mdsx High -0.40 6.00 236.21 -0.75 4.64 182.77 Mdsx Avg -0.40 -0.44 6.00 236.21 -0.75 -0.78 4.64 182.77 Hensall -0.40 6.00 236.21 -0.73 4.67 183.75 Bruce -0.40 6.00 236.21 -0.75 4.64 182.77 Putnam N/A -0.70 4.69 184.74 Burford -0.45 5.95 234.24 -0.75 4.64 182.77 Port Perry -0.40 6.00 236.21 -0.75 4.64 182.77 Norfolk -0.45 5.95 234.24 -0.75 4.64 182.77 Palmerston -0.40 6.00 236.21 -0.70 4.69 184.74 Varna -0.40 6.00 236.21 -0.70 4.69 184.74 Trenton -0.40 6.00 236.21 -0.75 4.64 182.77 Winchester -0.35 6.05 238.18 -0.50 4.89 192.61 North Gower -0.74 5.66 222.82 -0.45 4.94 194.58 Huron FOB -0.30 6.10 240.15 -0.70 4.69 184.74 Kent FOB -0.40 6.00 236.21 -0.75 4.64 182.77 Lamb FOB -0.40 6.00 236.21 -0.75 4.64 182.77 Mdsx FOB -0.40 -0.35N/A N/A 6.00 236.21 -0.75 4.64 182.77 FOB SW Que -0.20 6.20 244.08 -0.50 4.89 192.61 Track -0.05 6.35 249.99N/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 4.84 190.64 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 4.89 192.61 Pt.Colb-Ing N/A N/A 0.80 0.85 -0.45 4.94 194.58 Cardnl-Ing N/A N/A N/A 0.85 -0.45 4.94 194.58 W O Feed -0.09 -0.10 6.31 248.26 US Rep 0.42 0.41 6.82 268.49 Toledo El. 0.32 6.72 264.63 -0.33 5.06 199.22 TRANSFER Sarnia N/A N/A Pt. Stanley -0.35 6.05 238.18 -0.80 4.59180 4/5 Hamilton -0.30 6.10240 1/7 -0.55 4.84190 2/3 MID SD CRN -0.72 1/2 4.66 3/4 HI SD CRN -0.70 4.69 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0052 down 0.0023 Chicago soybeans closed slightly to moderately higher. JUL13 HI 13.84 NOV13 HI 12.16 LOW 13.67 1/2 LOW 12.05 CLOSE13.82 1/4 Up 13 CLOSE 12.14 1/2 Up 7 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+SEP1+JUL13 CK Low 0.45 14.27 524.42-0.75 11.40 418.69 CK High 0.55 14.37 528.10-0.65 11.50 422.37 CK Average 0.50 0.41 14.32 526.14-0.70-0.7711.45 420.53 Essex Cty 0.62 14.44 530.67-0.57 11.58 425.31 Mdsx Low 0.45 14.27 524.42-0.70 11.45 420.53 Mdsx High 0.50 14.32 526.26-0.63 11.52 423.10 Mdsx Average 0.48 0.39 14.30 525.34-0.67-0.7411.48 421.82 Hensall 0.48 14.30 525.34-0.68 11.47 421.45 Bruce 0.45 14.27 524.42-0.70 11.45 420.53 Putnam N/A -0.50 11.65 427.88 Burford 0.50 14.32 526.26-0.63 11.52 423.10 Port Perry 0.49 14.31 525.89-0.64 11.51 422.74 Norfolk 0.48 14.30 525.53-0.65 11.50 422.37 Palmerston 0.60 14.42 529.94-0.60 11.55 424.21 Varna 0.50 14.32 526.26-0.60 11.55 424.21 Trenton 0.35 14.17 520.75-0.70 11.45 420.53 Winchester 0.20 14.02 515.24-0.55 11.60 426.04 North Gower 0.40 14.22 522.59-0.58 11.57 424.94 Huron FOB 0.62 14.44 530.67-0.55 11.60 426.04 Kent FOB 0.52 14.34 527.00-0.70 11.45 420.53 Lambton FOB 0.52 14.34 527.00-0.70 11.45 420.53 Middlesex FOB0.65 0.70 N/A N/A 14.47 531.77-0.58 11.57 424.94 PROCESSORS Hamilton 0.95 1.00 N/A N/A 14.77 542.80-0.25 11.90 437.07 Windsor 0.84 0.82 0.83 N/A 14.66 538.75-0.35 11.80 433.39 Winchester N/A N/A TRANSFER Hamilton 1.02 N/A N/A N/A 14.84 545.37-0.31 11.84 434.86 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.45 14.27 524.420.08 12.23 449.19 Toledo El. 0.57 14.40 528.96-0.38 11.76 432.20 Bank of Canada Noon exchange rate was 1.0052 down 0.0023 Chicago wheat closed slightly higher. JUL13 HI 7.11 JUL13 HI 7.11 LOW 6.98 1/4 LOW 6.98 1/4 CLOSE 7.09 Up 6 1/4 CLOSE 7.09 Up 6 1/4 Minni wheat closed slightly higher. JUL13 HI 8.11 3/4 SEP13 HI 8.10 1/4 LOW 8.02 LOW 8.00 CLOSE 8.09 3/4 Up 4 CLOSE 8.06 1/2 Up 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 -0.71 -0.61 -0.71 -0.92 CAD $/bu 6.38 6.48 6.38 7.18 CAD $/tonne 234.38 238.08 234.38 263.87 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 -0.63 -0.68 -0.63 N/A -0.68 -0.93 -1.03 N/A Hensall -0.55 N/A -0.65 N/A -0.60 N/A -1.10 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 -0.76 N/A N/A N/A -1.00 N/A Norwich -0.55 N/A -0.65 N/A -0.60 N/A -1.10 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.55 N/A -0.70 N/A -0.60 N/A -1.15 N/A Chatham N/A -0.62 -0.71 N/A N/A -0.98 -1.11 N/A Brigden N/A -0.62 -0.71 N/A N/A -0.98 -1.11 N/A Palmerston N/A -0.54 -0.71 -0.56 N/A -0.80 -1.14 -0.81 Varna -0.55 -0.65 -0.65 N/A -0.60 -0.90 -1.00 N/A Mitchell -0.55 -0.65 -0.65 N/A -0.60 -0.95 -1.10 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 -0.90 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 -0.37 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 -0.01N/A 0.35N/A -0.06N/A Toledo El. 6.96US 7.00CA 6.96US 7.00CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.36 -0.36 -0.81 -0.86 CAD $/bu 6.73 6.73 6.28 7.21 CAD $/tonne 247.32 247.32 230.69 264.88 (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 522.84 - 533.86 DDG's FOB Srn, Wndr, Aylm 255.00 - 265.00