FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 29 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.037 down 0.0001 Chicago corn closed mixed. JUL13 HI 6.68 1/4 DEC13 HI 5.68 LOW 6.51 1/2 LOW 5.49 CLOSE6.65 Down 1 1/2 CLOSE 5.65 3/4 Up 14 3/4 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 6.25 246.05 -0.75 4.91 193.20 CK High -0.30 6.35 249.99 -0.70 4.96 195.17 CK Avg -0.36 -0.60 6.29 247.69 -0.74 -0.95 4.92 193.53 Essex Cty -0.30 6.35 249.99 -0.75 4.91 193.20 Mdsx Low -0.40 6.25 246.05 -0.75 4.91 193.20 Mdsx High -0.35 6.30 248.02 -0.75 4.91 193.20 Mdsx Avg -0.38 -0.62 6.28 247.04 -0.75 -0.96 4.91 193.20 Hensall -0.40 6.25 246.05 -0.75 4.91 193.20 Bruce -0.40 6.25 246.05 -0.75 4.91 193.20 Putnam N/A -0.70 4.96 195.17 Burford -0.40 6.25 246.05 -0.75 4.91 193.20 Port Perry -0.40 6.25 246.05 -0.80 4.86 191.23 Norfolk -0.40 6.25 246.05 -0.75 4.91 193.20 Palmerston -0.45 6.20 244.08 -0.75 4.91 193.20 Varna -0.45 6.20 244.08 -0.75 4.91 193.20 Trenton -0.35 6.30 248.02 -0.75 4.91 193.20 Winchester -0.35 6.30 248.02 -0.50 5.16 203.04 North Gower -0.58 6.07 238.97 -0.48 5.18 203.83 Huron FOB -0.30 6.35 249.99 -0.70 4.96 195.17 Kent FOB -0.35 6.30 248.02 -0.75 4.91 193.20 Lamb FOB -0.35 6.30 248.02 -0.75 4.91 193.20 Mdsx FOB -0.30 -0.30 0.40 0.55 6.35 249.99 -0.75 4.91 193.20 FOB SW Que -0.05 6.60 259.83 -0.33 5.33 209.73 Track 0.03 6.68 262.78N/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 5.11 201.07 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 0.90 -0.50 5.16 203.04 Pt.Colb-Ing N/A N/A N/A 0.80 -0.45 5.21 205.01 Cardnl-Ing N/A N/A N/A N/A -0.45 5.21 205.01 W O Feed 0.07 0.03 6.72 264.55 US Rep 0.62 0.58 7.27 286.21 Toledo El. 0.40 7.05 277.71 -0.34 5.32 209.26 TRANSFER Sarnia N/A N/A Pt. Stanley -0.40 6.25 246.05 -0.75 4.91193 1/5 Hamilton N/A -0.40 5.26207 MID SD CRN -0.72 1/2 4.93 1/4 HI SD CRN -0.70 4.95 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.037 down 0.0001 Chicago soybeans closed mixed. JUL13 HI 15.19 NOV13 HI 12.95 LOW 14.90 LOW 12.79 CLOSE15.01 3/4 Down 7 1/2 CLOSE 12.88 1/2 Up 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG13 CK Low 0.46 15.48 568.70-0.40 12.49 458.75 CK High 0.58 15.60 573.11-0.35 12.54 460.58 CK Average 0.52 -0.0315.54 571.03-0.38-0.8512.51 459.66 Essex Cty 0.58 15.60 573.11-0.24 12.65 464.62 Mdsx Low 0.43 15.45 567.60-0.40 12.49 458.75 Mdsx High 0.50 15.52 570.17-0.35 12.54 460.58 Mdsx Average 0.47 -0.0815.48 568.88-0.38-0.8512.51 459.66 Hensall 0.53 15.54 571.09-0.35 12.54 460.58 Bruce 0.50 15.52 570.17-0.35 12.54 460.58 Putnam N/A -0.50 12.39 455.07 Burford 0.46 15.48 568.70-0.38 12.51 459.48 Port Perry 0.45 15.47 568.33-0.39 12.50 459.11 Norfolk 0.63 15.65 574.95-0.30 12.59 462.42 Palmerston 0.50 15.52 570.17-0.40 12.49 458.75 Varna 0.50 15.52 570.17-0.40 12.49 458.75 Trenton 0.40 15.42 566.50-0.35 12.54 460.58 Winchester 0.37 15.39 565.39-0.19 12.70 466.46 North Gower 0.54 15.56 571.64-0.18 12.71 466.83 Huron FOB 0.67 15.69 576.42-0.25 12.64 464.26 Kent FOB 0.58 15.60 573.11-0.35 12.54 460.58 Lambton FOB 0.58 15.60 573.11-0.35 12.54 460.58 Middlesex FOB0.68 0.68 0.78 N/A 15.70 576.78-0.22 12.67 465.36 PROCESSORS Hamilton 1.05 1.05 1.15 N/A 16.07 590.380.15 13.04 478.95 Windsor 0.81 0.81 0.76 N/A 15.83 581.56-0.01 12.88 473.08 Winchester N/A N/A TRANSFER Hamilton 0.85 N/A N/A N/A 15.87 583.030.18 13.07 480.06 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.00 15.02 551.800.65 13.54 497.33 Toledo El. 0.07 15.09 554.46-0.39 12.49 458.97 Bank of Canada Noon exchange rate was 1.037 down 0.0001 Chicago wheat closed slightly higher. JUL13 HI 7.04 JUL13 HI 7.04 LOW 6.88 3/4 LOW 6.88 3/4 CLOSE 7.02 3/4 Up 9 CLOSE 7.02 3/4 Up 9 Minni wheat closed slightly higher. JUL13 HI 8.17 3/4 SEP13 HI 8.07 3/4 LOW 8.07 1/2 LOW 7.98 1/4 CLOSE 8.15 3/4 Up 9 1/4 CLOSE 8.05 Up 6 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.52 -0.42 -0.52 -0.70 CAD $/bu 6.51 6.61 6.51 7.46 CAD $/tonne 239.10 242.91 239.10 274.14 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 -0.50 N/A N/A -0.87 -1.05 N/A London -0.44 -0.50 -0.55 N/A -0.50 -0.81 -0.96 N/A Hensall -0.45 N/A -0.50 N/A -0.60 N/A -1.05 N/A Trenton N/A N/A N/A N/A N/A N/A -1.17 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.88 Essex N/A N/A -0.37 N/A N/A N/A -0.98 N/A Norwich -0.45 N/A -0.50 N/A -0.60 N/A -1.05 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 -0.55 N/A -0.65 N/A -1.05 N/A Chatham N/A -0.46 -0.51 N/A N/A -0.90 -0.95 N/A Brigden N/A -0.46 -0.51 N/A N/A -0.90 -0.95 N/A Palmerston N/A -0.35 -0.49 -0.35 N/A -0.63 -1.09 -0.61 Varna -0.45 -0.50 -0.50 N/A -0.60 -0.90 -1.00 N/A Mitchell -0.45 -0.55 -0.50 N/A -0.60 -0.90 -1.05 N/A Thornton N/A N/A N/A -1.09 N/A N/A N/A N/A North Gower N/A N/A N/A -0.68 N/A N/A N/A -0.62 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 -0.57 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 0.21N/A 0.57N/A 0.15N/A Toledo El. 6.90US 7.15CA 6.90US 7.15CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.16 -0.16 -0.62 -0.64 CAD $/bu 6.87 6.87 6.40 7.41 CAD $/tonne 252.43 252.43 235.29 272.33 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 340.00 - 347.00 Bayport Oats 315.00 Bayport Barley 320.00 FOB Hm Soymeal 563.62 - 575.75 DDG's FOB Srn & Aylm 250.00