FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, May 10 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0124 up 0.0097 Chicago corn closed moderately lower. JUL13 HI 6.48 1/2 DEC13 HI 5.40 1/4 LOW 6.25 LOW 5.22 3/4 CLOSE6.36 1/4 Down 12 1/2 CLOSE 5.29 1/2 Down 12 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 5.96 234.73 -0.75 4.55 178.93 CK High -0.30 6.06 238.67 -0.70 4.60 180.90 CK Avg -0.37 -0.45 6.00 236.05 -0.74 -0.81 4.55 179.26 Essex Cty -0.30 6.06 238.67 -0.80 4.50 176.96 Mdsx Low -0.40 5.96 234.73 -0.75 4.55 178.93 Mdsx High -0.40 5.96 234.73 -0.75 4.55 178.93 Mdsx Avg -0.40 -0.48 5.96 234.73 -0.75 -0.82 4.55 178.93 Hensall -0.43 5.94 233.75 -0.73 4.57 179.91 Bruce -0.40 5.96 234.73 -0.75 4.55 178.93 Putnam N/A -0.70 4.60 180.90 Burford -0.45 5.91 232.76 -0.75 4.55 178.93 Port Perry -0.40 5.96 234.73 -0.75 4.55 178.93 Norfolk -0.45 5.91 232.76 -0.75 4.55 178.93 Palmerston -0.40 5.96 234.73 -0.70 4.60 180.90 Varna -0.45 5.91 232.76 -0.75 4.55 178.93 Trenton -0.40 5.96 234.73 -0.70 4.60 180.90 Winchester -0.40 5.96 234.73 -0.50 4.80 188.77 North Gower -0.61 5.75 226.47 -0.45 4.85 190.74 Huron FOB -0.35 6.01 236.70 -0.70 4.60 180.90 Kent FOB -0.40 5.96 234.73 -0.75 4.55 178.93 Lamb FOB -0.40 5.96 234.73 -0.75 4.55 178.93 Mdsx FOB -0.40 -0.35N/A N/A 5.96 234.73 -0.75 4.55 178.93 FOB SW Que -0.22 6.14 241.82 -0.57 4.73 186.02 Track -0.05 6.31 248.51N/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 4.75 186.80 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 4.80 188.77 Pt.Colb-Ing N/A N/A 0.80 0.85 -0.45 4.85 190.74 Cardnl-Ing N/A N/A N/A 0.85 -0.45 4.85 190.74 W O Feed -0.07 -0.08 6.29 247.72 US Rep 0.42 0.41 6.78 267.02 Toledo El. 0.32 6.69 263.24 -0.33 4.96 195.30 TRANSFER Sarnia N/A N/A Pt. Stanley -0.45 5.91 232.76 -0.80 4.50177 Hamilton -0.20 6.16242 3/5 -0.53 4.77187 3/5 MID SD CRN -0.72 1/2 4.57 HI SD CRN -0.70 4.59 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0124 up 0.0097 Chicago soybeans closed slightly to moderately lower. JUL13 HI 14.19 1/2 NOV13 HI 12.24 1/2 LOW 13.90 LOW 11.97 1/4 CLOSE13.99 Down 9 3/4 CLOSE 12.05 1/2 Down 13 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+SEP1+JUL13 CK Low 0.44 14.43 530.21-0.75 11.31 415.39 CK High 0.60 14.59 536.09-0.63 11.43 419.80 CK Average 0.54 0.36 14.53 533.76-0.70-0.8511.36 417.41 Essex Cty 0.77 14.76 542.34-0.50 11.56 424.57 Mdsx Low 0.54 14.53 533.89-0.70 11.36 417.22 Mdsx High 0.55 14.54 534.25-0.63 11.43 419.80 Mdsx Average 0.55 0.37 14.54 534.07-0.67-0.8211.39 418.51 Hensall 0.55 14.54 534.25-0.70 11.36 417.22 Bruce 0.55 14.54 534.25-0.70 11.36 417.22 Putnam N/A -0.50 11.56 424.57 Burford 0.40 14.39 528.74-0.68 11.38 417.96 Port Perry 0.39 14.38 528.37-0.69 11.37 417.59 Norfolk 0.56 14.55 534.62-0.63 11.43 419.80 Palmerston 0.45 14.44 530.58-0.70 11.36 417.22 Varna 0.45 14.44 530.58-0.70 11.36 417.22 Trenton 0.50 14.49 532.42-0.70 11.36 417.22 Winchester 0.55 14.54 534.25-0.52 11.54 423.84 North Gower 0.60 14.59 536.09-0.53 11.53 423.47 Huron FOB 0.67 14.66 538.66-0.60 11.46 420.90 Kent FOB 0.60 14.59 536.09-0.68 11.38 417.96 Lambton FOB 0.60 14.59 536.09-0.68 11.38 417.96 Middlesex FOB0.68 0.70 N/A N/A 14.67 539.03-0.53 11.53 423.47 PROCESSORS Hamilton 1.05 1.10 N/A N/A 15.04 552.63-0.15 11.91 437.43 Windsor 0.99 0.92 0.92 N/A 14.98 550.42-0.27 11.79 433.02 Winchester N/A N/A TRANSFER Hamilton 1.02 N/A N/A N/A 15.01 551.52-0.18 11.88 436.33 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.45 14.44 530.580.28 12.34 453.23 Toledo El. 0.58 14.57 535.25-0.38 11.67 428.81 Bank of Canada Noon exchange rate was 1.0124 up 0.0097 Chicago wheat closed moderately lower. JUL13 HI 7.24 JUL13 HI 7.24 LOW 7.02 LOW 7.02 CLOSE 7.04 1/4 Down 19 1/4 CLOSE 7.04 1/4 Down 19 1/4 Minni wheat closed moderately lower. JUL13 HI 8.25 SEP13 HI 8.20 LOW 8.07 LOW 8.03 1/2 CLOSE 8.08 3/4 Down 16 3/4 CLOSE 8.04 3/4 Down 16 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.67 -0.57 -0.67 -0.87 CAD $/bu 6.37 6.47 6.37 7.22 CAD $/tonne 234.09 237.81 234.09 265.15 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 -0.72 N/A N/A N/A -0.96 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 -1.23 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 -0.18 N/A N/A N/A -0.74 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 0.04N/A 0.39N/A -0.01N/A Toledo El. 6.91US 7.00CA 6.91US 7.00CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.32 -0.32 -0.77 -0.81 CAD $/bu 6.73 6.73 6.27 7.24 CAD $/tonne 247.11 247.11 230.37 265.90 (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 509.06 - 523.39 DDG's FOB Srn, Wndr, Aylm 255.00