FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 8 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0023 down 0.0029 Chicago corn closed moderately lower. JUL13 HI 6.43 DEC13 HI 5.39 1/4 LOW 6.26 1/2 LOW 5.28 CLOSE6.33 Down 7 CLOSE 5.32 Down 7 1/4 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 5.93 233.45 -0.75 4.57 179.91 CK High -0.30 6.03 237.39 -0.70 4.62 181.88 CK Avg -0.37 -0.39 5.96 234.77 -0.74 -0.76 4.58 180.24 Essex Cty -0.35 5.98 235.42 -0.80 4.52 177.94 Mdsx Low -0.40 5.93 233.45 -0.75 4.57 179.91 Mdsx High -0.40 5.93 233.45 -0.75 4.57 179.91 Mdsx Avg -0.40 -0.42 5.93 233.45 -0.75 -0.77 4.57 179.91 Hensall -0.43 5.91 232.47 -0.73 4.60 180.90 Bruce -0.40 5.93 233.45 -0.75 4.57 179.91 Putnam N/A -0.70 4.62 181.88 Burford -0.45 5.88 231.49 -0.75 4.57 179.91 Port Perry -0.40 5.93 233.45 -0.75 4.57 179.91 Norfolk -0.45 5.88 231.49 -0.75 4.57 179.91 Palmerston -0.40 5.93 233.45 -0.70 4.62 181.88 Varna -0.40 5.93 233.45 -0.70 4.62 181.88 Trenton -0.40 5.93 233.45 -0.75 4.57 179.91 Winchester -0.35 5.98 235.42 -0.50 4.82 189.76 North Gower -0.66 5.67 223.22 -0.45 4.87 191.72 Huron FOB -0.35 5.98 235.42 -0.70 4.62 181.88 Kent FOB -0.40 5.93 233.45 -0.75 4.57 179.91 Lamb FOB -0.40 5.93 233.45 -0.75 4.57 179.91 Mdsx FOB -0.40 -0.35N/A N/A 5.93 233.45 -0.75 4.57 179.91 FOB SW Que -0.20 6.13 241.33 -0.50 4.82 189.76 Track -0.05 6.28 247.23N/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 4.77 187.79 Sarn-Eth N/A -0.30 0.60 0.75 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 4.82 189.76 Pt.Colb-Ing N/A N/A 0.80 0.85 -0.45 4.87 191.72 Cardnl-Ing N/A N/A N/A 0.85 -0.45 4.87 191.72 W O Feed -0.07 -0.07 6.26 246.45 US Rep 0.42 0.42 6.75 265.74 Toledo El. 0.32 6.65 261.85 -0.33 4.99 196.40 TRANSFER Sarnia N/A N/A Pt. Stanley -0.35 5.98 235.42 -0.80 4.52178 Hamilton -0.30 6.03237 2/5 -0.55 4.77187 4/5 MID SD CRN -0.72 1/2 4.59 1/2 HI SD CRN -0.70 4.62 *Wet Bid Bank of Canada Noon exchange rate was 1.0023 down 0.0029 Chicago soybeans closed mixed. JUL13 HI 14.03 NOV13 HI 12.21 1/2 LOW 13.79 LOW 12.06 1/2 CLOSE13.90 3/4 Up 8 1/2 CLOSE 12.14 1/4 Down 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 14.36 527.55-0.75 11.39 418.60 CK High 0.55 14.46 531.22-0.65 11.49 422.28 CK Average 0.48 0.43 14.39 528.77-0.71-0.7611.43 420.13 Essex Cty 0.64 14.55 534.53-0.60 11.54 424.11 Mdsx Low 0.42 14.33 526.45-0.70 11.44 420.44 Mdsx High 0.45 14.36 527.55-0.68 11.46 421.17 Mdsx Average 0.44 0.38 14.34 527.00-0.69-0.7411.45 420.81 Hensall 0.45 14.36 527.55-0.70 11.44 420.44 Bruce 0.45 14.36 527.55-0.70 11.44 420.44 Putnam N/A -0.50 11.64 427.79 Burford 0.42 14.33 526.45-0.68 11.46 421.17 Port Perry 0.41 14.32 526.08-0.69 11.45 420.81 Norfolk 0.48 14.39 528.65-0.65 11.49 422.28 Palmerston 0.45 14.36 527.55-0.70 11.44 420.44 Varna 0.50 14.41 529.39-0.65 11.49 422.28 Trenton 0.35 14.26 523.87-0.70 11.44 420.44 Winchester 0.20 14.11 518.36-0.55 11.59 425.95 North Gower 0.47 14.38 528.28-0.58 11.56 424.85 Huron FOB 0.57 14.48 531.96-0.60 11.54 424.11 Kent FOB 0.52 14.43 530.12-0.70 11.44 420.44 Lambton FOB 0.52 14.43 530.12-0.70 11.44 420.44 Middlesex FOB0.51 0.62 N/A N/A 14.42 529.75-0.63 11.51 423.01 PROCESSORS Hamilton 0.90 0.95 N/A N/A 14.81 544.08-0.25 11.89 436.97 Windsor 0.86 0.79 0.80 N/A 14.77 542.61-0.37 11.77 432.57 Winchester N/A N/A TRANSFER Hamilton 1.02 N/A N/A N/A 14.93 548.49-0.31 11.83 434.77 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.45 14.36 527.550.08 12.22 449.10 Toledo El. 0.57 14.48 532.04-0.38 11.76 432.14 Bank of Canada Noon exchange rate was 1.0023 down 0.0029 Chicago wheat closed slightly lower. JUL13 HI 7.12 3/4 JUL13 HI 7.12 3/4 LOW 6.99 3/4 LOW 6.99 3/4 CLOSE 7.06 Down 3 CLOSE 7.06 Down 3 Minni wheat closed slightly higher. JUL13 HI 8.18 SEP13 HI 8.12 LOW 8.05 3/4 LOW 8.00 3/4 CLOSE 8.16 1/4 Up 6 1/2 CLOSE 8.10 3/4 Up 4 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.73 -0.62 -0.73 -0.93 CAD $/bu 6.33 6.44 6.33 7.23 CAD $/tonne 232.76 236.45 232.76 265.68 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 -1.05 -1.15 N/A London -0.65 -0.70 -0.65 N/A -0.70 -1.01 -1.11 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 -0.77 N/A N/A N/A -1.02 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 -0.99 -1.12 N/A Brigden N/A -0.62 -0.71 N/A N/A -0.99 -1.12 N/A Palmerston N/A -0.56 -0.74 -0.59 N/A -0.83 -1.17 -0.84 Varna -0.55 -0.65 -0.65 N/A -0.70 -1.00 -1.10 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 -1.24 N/A N/A N/A N/A North Gower N/A N/A N/A -0.92 N/A N/A N/A -0.86 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 -0.02N/A 0.33N/A -0.07N/A Toledo El. 6.93US 6.96CA 6.93US 6.96CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.37 -0.37 -0.83 -0.87 CAD $/bu 6.69 6.69 6.23 7.24 CAD $/tonne 245.67 245.67 229.07 265.87 (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 513.24 - 524.27 DDG's FOB Srn, Wndr, Aylm 255.00