FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, May 9 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0027 up 0.0004 Chicago corn closed moderately higher to higher. JUL13 HI 6.52 1/2 DEC13 HI 5.43 LOW 6.29 LOW 5.25 3/4 CLOSE6.48 3/4 Up 15 3/4 CLOSE 5.41 1/2 Up 9 1/2 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 6.09 239.65 -0.75 4.67 183.65 CK High -0.30 6.19 243.59 -0.70 4.72 185.62 CK Avg -0.37 -0.41 6.12 240.97 -0.74 -0.77 4.67 183.98 Essex Cty -0.35 6.14 241.62 -0.80 4.62 181.68 Mdsx Low -0.40 6.09 239.65 -0.75 4.67 183.65 Mdsx High -0.40 6.09 239.65 -0.75 4.67 183.65 Mdsx Avg -0.40 -0.44 6.09 239.65 -0.75 -0.78 4.67 183.65 Hensall -0.43 6.06 238.67 -0.73 4.69 184.64 Bruce -0.40 6.09 239.65 -0.75 4.67 183.65 Putnam N/A -0.70 4.72 185.62 Burford -0.45 6.04 237.69 -0.75 4.67 183.65 Port Perry -0.40 6.09 239.65 -0.75 4.67 183.65 Norfolk -0.45 6.04 237.69 -0.75 4.67 183.65 Palmerston -0.40 6.09 239.65 -0.70 4.72 185.62 Varna -0.45 6.04 237.69 -0.75 4.67 183.65 Trenton -0.40 6.09 239.65 -0.70 4.72 185.62 Winchester -0.40 6.09 239.65 -0.50 4.92 193.49 North Gower -0.66 5.83 229.42 -0.45 4.97 195.46 Huron FOB -0.35 6.14 241.62 -0.70 4.72 185.62 Kent FOB -0.40 6.09 239.65 -0.75 4.67 183.65 Lamb FOB -0.40 6.09 239.65 -0.75 4.67 183.65 Mdsx FOB -0.40 -0.35N/A N/A 6.09 239.65 -0.75 4.67 183.65 FOB SW Que -0.20 6.29 247.53 -0.52 4.90 192.71 Track -0.05 6.44 253.43N/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 4.87 191.53 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 4.92 193.49 Pt.Colb-Ing N/A N/A 0.80 0.85 -0.45 4.97 195.46 Cardnl-Ing N/A N/A N/A 0.85 -0.45 4.97 195.46 W O Feed -0.07 -0.07 6.42 252.65 US Rep 0.42 0.42 6.91 271.94 Toledo El. 0.32 6.81 268.08 -0.33 5.08 200.11 TRANSFER Sarnia N/A N/A Pt. Stanley -0.45 6.04 237.69 -0.80 4.62181 2/3 Hamilton 0.25 6.74265 1/4 -0.57 4.85190 3/4 MID SD CRN -0.72 1/2 4.69 HI SD CRN -0.70 4.71 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0027 up 0.0004 Chicago soybeans closed slightly to moderately higher. JUL13 HI 14.10 NOV13 HI 12.20 LOW 13.87 LOW 12.07 1/2 CLOSE14.08 3/4 Up 18 CLOSE 12.19 Up 4 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+SEP1+JUL13 CK Low 0.44 14.53 533.79-0.75 11.44 420.35 CK High 0.55 14.64 537.84-0.65 11.54 424.02 CK Average 0.51 0.42 14.60 536.37-0.72-0.7911.47 421.51 Essex Cty 0.65 14.74 541.51-0.59 11.60 426.23 Mdsx Low 0.40 14.49 532.32-0.70 11.49 422.19 Mdsx High 0.55 14.64 537.84-0.68 11.51 422.92 Mdsx Average 0.48 0.39 14.56 535.08-0.69-0.7611.50 422.55 Hensall 0.50 14.59 536.00-0.70 11.49 422.19 Bruce 0.55 14.64 537.84-0.70 11.49 422.19 Putnam N/A -0.50 11.69 429.53 Burford 0.40 14.49 532.32-0.68 11.51 422.92 Port Perry 0.39 14.48 531.96-0.69 11.50 422.55 Norfolk 0.45 14.54 534.16-0.70 11.49 422.19 Palmerston 0.45 14.54 534.16-0.70 11.49 422.19 Varna 0.45 14.54 534.16-0.70 11.49 422.19 Trenton 0.40 14.49 532.32-0.70 11.49 422.19 Winchester 0.40 14.49 532.32-0.60 11.59 425.86 North Gower 0.45 14.54 534.16-0.58 11.61 426.59 Huron FOB 0.57 14.66 538.57-0.60 11.59 425.86 Kent FOB 0.49 14.58 535.63-0.75 11.44 420.35 Lambton FOB 0.49 14.58 535.63-0.75 11.44 420.35 Middlesex FOB0.55 0.60 N/A N/A 14.64 537.84-0.63 11.56 424.76 PROCESSORS Hamilton 0.90 0.90 N/A N/A 14.99 550.70-0.25 11.94 438.72 Windsor 0.88 0.88 0.81 N/A 14.97 549.96-0.36 11.83 434.68 Winchester N/A N/A TRANSFER Hamilton 0.94 N/A N/A N/A 15.03 552.17-0.20 11.99 440.56 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.45 14.54 534.160.17 12.36 454.15 Toledo El. 0.57 14.66 538.70-0.38 11.81 433.86 Bank of Canada Noon exchange rate was 1.0027 up 0.0004 Chicago wheat closed moderately higher. JUL13 HI 7.27 3/4 JUL13 HI 7.27 3/4 LOW 7.02 3/4 LOW 7.02 3/4 CLOSE 7.23 1/2 Up 17 1/2 CLOSE 7.23 1/2 Up 17 1/2 Minni wheat closed slightly to moderately higher. JUL13 HI 8.29 SEP13 HI 8.24 1/2 LOW 8.12 1/2 LOW 8.09 3/4 CLOSE 8.25 1/2 Up 9 1/4 CLOSE 8.21 1/4 Up 10 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 6.52 6.63 6.52 7.34 CAD $/tonne 239.75 243.44 239.75 269.69 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 -0.55 -0.65 -0.66 N/A -0.70 -1.00 -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 -0.76 N/A N/A N/A -1.01 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 -1.00 -1.13 N/A Brigden N/A -0.62 -0.71 N/A N/A -1.00 -1.13 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 -1.21 N/A N/A N/A N/A North Gower N/A N/A N/A -0.93 N/A N/A N/A -0.87 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.25 N/A N/A N/A -0.80 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. 7.11US 7.15CA 7.11US 7.15CA 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 6.88 6.88 6.42 7.36 CAD $/tonne 252.68 252.68 236.05 270.34 (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 516.11 - 530.44 DDG's FOB Srn, Wndr, Aylm 255.00