FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, May 14 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0148 up 0.0040 Chicago corn closed mixed. JUL13 HI 6.57 3/4 DEC13 HI 5.44 LOW 6.46 1/2 LOW 5.35 1/4 CLOSE6.52 1/2 Down 3 CLOSE 5.38 Down 1 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 6.13 241.13 -0.75 4.63 182.28 CK High -0.30 6.23 245.07 -0.70 4.68 184.24 CK Avg -0.38 -0.50 6.14 241.79 -0.74 -0.84 4.64 182.60 Essex Cty -0.35 6.18 243.10 -0.75 4.63 182.28 Mdsx Low -0.45 6.08 239.16 -0.75 4.63 182.28 Mdsx High -0.40 6.13 241.13 -0.75 4.63 182.28 Mdsx Avg -0.43 -0.54 6.10 240.15 -0.75 -0.85 4.63 182.28 Hensall -0.45 6.08 239.16 -0.75 4.63 182.28 Bruce -0.45 6.08 239.16 -0.75 4.63 182.28 Putnam N/A -0.70 4.68 184.24 Burford -0.45 6.08 239.16 -0.75 4.63 182.28 Port Perry -0.40 6.13 241.13 -0.75 4.63 182.28 Norfolk -0.45 6.08 239.16 -0.75 4.63 182.28 Palmerston -0.45 6.08 239.16 -0.75 4.63 182.28 Varna -0.45 6.08 239.16 -0.75 4.63 182.28 Trenton -0.40 6.13 241.13 -0.70 4.68 184.24 Winchester -0.35 6.18 243.10 -0.50 4.88 192.12 North Gower -0.53 6.00 236.01 -0.45 4.93 194.09 Huron FOB -0.35 6.18 243.10 -0.70 4.68 184.24 Kent FOB -0.40 6.13 241.13 -0.75 4.63 182.28 Lamb FOB -0.40 6.13 241.13 -0.75 4.63 182.28 Mdsx FOB -0.40 -0.35N/A N/A 6.13 241.13 -0.75 4.63 182.28 FOB SW Que -0.10 6.43 252.94 -0.60 4.78 188.18 Track -0.08 6.45 253.93N/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 4.83 190.15 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 4.88 192.12 Pt.Colb-Ing N/A N/A 0.80 0.85 -0.45 4.93 194.09 Cardnl-Ing N/A N/A N/A 0.85 -0.45 4.93 194.09 W O Feed -0.01 -0.03 6.52 256.48 US Rep 0.50 0.48 7.03 276.56 Toledo El. 0.40 6.92 272.50 -0.34 5.04 198.58 TRANSFER Sarnia N/A N/A Pt. Stanley -0.45 6.08 239.16 -0.80 4.58180 1/3 Hamilton -0.20 6.33249 -0.50 4.88192 1/9 MID SD CRN -0.72 1/2 4.65 1/2 HI SD CRN -0.70 4.68 *Wet Bid Bank of Canada Noon exchange rate was 1.0148 up 0.0040 Chicago soybeans closed mixed. JUL13 HI 14.26 NOV13 HI 12.18 LOW 14.05 LOW 12.03 1/4 CLOSE14.14 3/4 Down 4 1/2 CLOSE 12.14 Up 4 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 14.65 538.20-0.65 11.49 422.19 CK High 0.65 14.80 543.72-0.59 11.55 424.39 CK Average 0.62 0.37 14.76 542.49-0.62-0.8411.52 423.17 Essex Cty 0.85 15.00 551.06-0.43 11.71 430.27 Mdsx Low 0.62 14.77 542.61-0.60 11.54 424.02 Mdsx High 0.65 14.80 543.72-0.59 11.55 424.39 Mdsx Average 0.64 0.38 14.78 543.16-0.60-0.8111.55 424.21 Hensall 0.65 14.80 543.72-0.58 11.57 424.94 Bruce 0.65 14.80 543.72-0.60 11.54 424.02 Putnam N/A -0.50 11.64 427.70 Burford 0.62 14.77 542.61-0.59 11.55 424.39 Port Perry 0.58 14.73 541.14-0.60 11.54 424.02 Norfolk 0.62 14.77 542.61-0.55 11.59 425.86 Palmerston 0.55 14.70 540.04-0.70 11.44 420.35 Varna 0.60 14.75 541.88-0.65 11.49 422.19 Trenton 0.50 14.65 538.20-0.70 11.44 420.35 Winchester 0.50 14.65 538.20-0.47 11.67 428.80 North Gower 0.65 14.80 543.72-0.53 11.61 426.59 Huron FOB 0.77 14.92 548.12-0.45 11.69 429.53 Kent FOB 0.62 14.77 542.61-0.60 11.54 424.02 Lambton FOB 0.62 14.77 542.61-0.60 11.54 424.02 Middlesex FOB0.72 0.81 N/A N/A 14.87 546.29-0.51 11.63 427.33 PROCESSORS Hamilton 1.10 1.15 N/A N/A 15.25 560.25-0.15 11.99 440.56 Windsor 1.08 1.06 1.06 N/A 15.23 559.51-0.20 11.94 438.72 Winchester N/A N/A TRANSFER Hamilton 1.13 N/A N/A N/A 15.28 561.35-0.12 12.02 441.66 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.30 12.44 457.09 Toledo El. 0.58 14.73 541.15-0.39 11.75 431.86 Bank of Canada Noon exchange rate was 1.0148 up 0.0040 Chicago wheat closed slightly higher. JUL13 HI 7.16 3/4 JUL13 HI 7.16 3/4 LOW 7.06 3/4 LOW 7.06 3/4 CLOSE 7.10 3/4 Up 1 CLOSE 7.10 3/4 Up 1 Minni wheat closed slightly lower. JUL13 HI 8.16 3/4 SEP13 HI 8.13 1/4 LOW 8.09 LOW 8.04 1/4 CLOSE 8.11 1/4 Down 1 1/4 CLOSE 8.06 1/2 Down 2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.64 -0.54 -0.64 -0.83 CAD $/bu 6.47 6.57 6.47 7.28 CAD $/tonne 237.73 241.47 237.73 267.46 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 -0.59 -0.64 -0.59 N/A -0.64 -0.94 -1.05 N/A Hensall -0.55 N/A -0.65 N/A -0.65 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 -0.88 Essex N/A N/A -0.68 N/A N/A N/A -0.98 N/A Norwich -0.55 N/A -0.65 N/A -0.65 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 -0.65 N/A -1.10 N/A Chatham N/A -0.60 -0.65 N/A N/A -0.97 -1.11 N/A Brigden N/A -0.60 -0.65 N/A N/A -0.97 -1.11 N/A Palmerston N/A -0.52 -0.64 -0.53 N/A -0.78 -1.13 -0.79 Varna -0.50 -0.60 -0.60 N/A -0.65 -0.95 -1.05 N/A Mitchell -0.55 -0.65 -0.65 N/A -0.65 -0.95 -1.10 N/A Thornton N/A N/A N/A -1.13 N/A N/A N/A N/A North Gower N/A N/A N/A -0.88 N/A N/A N/A -0.82 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.15 N/A N/A N/A -0.70 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 0.07N/A 0.43N/A 0.02N/A Toledo El. 6.98US 7.10CA 6.98US 7.10CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.28 -0.28 -0.74 -0.77 CAD $/bu 6.83 6.83 6.37 7.29 CAD $/tonne 250.82 250.82 234.00 267.93 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 347.00 - 350.00 Bayport Oats 335.00 Bayport Barley 310.00 FOB Hm Soymeal 514.57 - 528.90 DDG's FOB Srn, Wndr, Aylm 255.00