FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, June 3 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0291 down 0.0048 Chicago corn closed slightly to moderately lower. JUL13 HI 6.69 DEC13 HI 5.73 1/2 LOW 6.43 3/4 LOW 5.52 1/4 CLOSE6.55 3/4 Down 6 1/4 CLOSE 5.60 Down 7 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +SEP13+SEP13+DEC13 CK Low -0.35 6.21 244.38 -0.75 4.85 190.94 CK High -0.30 6.26 246.35 -0.70 4.90 192.90 CK Avg -0.33 -0.51 6.23 245.36 -0.74 -0.90 4.86 191.26 Essex Cty -0.25 6.31 248.32 -0.70 4.90 192.90 Mdsx Low -0.35 6.21 244.38 -0.75 4.85 190.94 Mdsx High -0.35 6.21 244.38 -0.75 4.85 190.94 Mdsx Avg -0.35 -0.53 6.21 244.38 -0.75 -0.91 4.85 190.94 Hensall -0.35 6.21 244.38 -0.75 4.85 190.94 Bruce -0.35 6.21 244.38 -0.75 4.85 190.94 Putnam N/A -0.70 4.90 192.90 Burford -0.40 6.16 242.41 -0.75 4.85 190.94 Port Perry -0.40 6.16 242.41 -0.75 4.85 190.94 Norfolk -0.40 6.16 242.41 -0.75 4.85 190.94 Palmerston -0.35 6.21 244.38 -0.75 4.85 190.94 Varna -0.35 6.21 244.38 -0.75 4.85 190.94 Trenton -0.35 6.21 244.38 -0.75 4.85 190.94 Winchester -0.30 6.26 246.35 -0.50 5.10 200.78 North Gower -0.50 6.06 238.47 -0.60 5.00 196.84 Huron FOB -0.25 6.31 248.32 -0.70 4.90 192.90 Kent FOB -0.35 6.21 244.38 -0.75 4.85 190.94 Lamb FOB -0.35 6.21 244.38 -0.75 4.85 190.94 Mdsx FOB -0.30 -0.30N/A N/A 6.26 246.35 -0.75 4.85 190.94 FOB SW Que -0.30 6.26 246.35 -0.55 5.05 198.81 Track 0.03 6.58 259.14N/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 -0.25 0.50 0.55 0.70 6.31 248.32 -0.55 5.05 198.81 Sarn-Eth -0.30 0.60 0.75N/A 6.26 246.35N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A 0.85 0.95 -0.50 5.10 200.78 Pt.Colb-Ing N/A N/A 0.80 1.00 -0.45 5.15 202.75 Cardnl-Ing N/A N/A N/A 1.00 -0.45 5.15 202.75 W O Feed 0.05 0.02 6.61 260.13 US Rep 0.65 0.62 7.21 283.75 Toledo El. 0.40 6.96 273.94 -0.34 5.26 207.11 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.75 4.85191 Hamilton -0.10 6.46254 2/9 -0.55 5.05198 4/5 MID SD CRN -0.72 1/2 4.87 1/2 HI SD CRN -0.70 4.901 *Wet Bid Bank of Canada Noon exchange rate was 1.0291 down 0.0048 Chicago soybeans closed moderately higher. JUL13 HI 15.40 3/4 NOV13 HI 13.31 1/4 LOW 15.09 LOW 13.00 1/2 CLOSE15.32 1/2 Up 22 1/2 CLOSE 13.25 1/2 Up 21 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+AUG1+AUG13 CK Low 0.35 15.68 575.96-0.40 12.86 472.34 CK High 0.42 15.75 578.53-0.35 12.91 474.18 CK Average 0.39 -0.0415.72 577.43-0.39-0.7612.87 472.83 Essex Cty 0.45 15.78 579.63-0.29 12.97 476.38 Mdsx Low 0.35 15.68 575.96-0.44 12.82 470.87 Mdsx High 0.38 15.71 577.06-0.35 12.91 474.18 Mdsx Average 0.37 -0.0615.69 576.51-0.40-0.7712.86 472.52 Hensall 0.40 15.73 577.79-0.38 12.88 473.26 Bruce 0.40 15.73 577.79-0.35 12.91 474.18 Putnam N/A -0.50 12.76 468.67 Burford 0.41 15.74 578.16-0.41 12.85 471.97 Port Perry 0.40 15.73 577.79-0.42 12.84 471.61 Norfolk 0.47 15.80 580.37-0.33 12.93 474.91 Palmerston 0.45 15.78 579.63-0.40 12.86 472.34 Varna 0.45 15.78 579.63-0.40 12.86 472.34 Trenton 0.40 15.73 577.79-0.40 12.86 472.34 Winchester 0.33 15.66 575.22-0.22 13.04 478.95 North Gower 0.51 15.84 581.84-0.18 13.08 480.42 Huron FOB 0.50 15.83 581.47-0.30 12.96 476.01 Kent FOB 0.45 15.78 579.63-0.40 12.86 472.34 Lambton FOB 0.42 15.75 578.53-0.38 12.88 473.08 Middlesex FOB0.32 0.52 N/A N/A 15.65 574.86-0.34 12.92 474.55 PROCESSORS Hamilton 0.80 1.69 1.75 N/A 16.13 592.490.10 13.36 490.71 Windsor 0.68 1.28 N/A N/A 16.01 588.08-0.06 13.20 484.83 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.05 13.31 488.88 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.00 15.33 563.100.50 13.76 505.41 Toledo El. 0.07 15.40 565.74-0.39 12.86 472.68 Bank of Canada Noon exchange rate was 1.0291 down 0.0048 Chicago wheat closed slightly higher. JUL13 HI 7.14 1/2 JUL13 HI 7.14 1/2 LOW 6.92 1/2 LOW 6.92 1/2 CLOSE 7.08 3/4 Up 3 1/4 CLOSE 7.08 3/4 Up 3 1/4 Minni wheat closed slightly higher. JUL13 HI 8.27 1/2 SEP13 HI 8.17 1/2 LOW 8.10 LOW 8.00 3/4 CLOSE 8.23 Up 3 CLOSE 8.12 1/2 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 -0.57 -0.47 -0.57 -0.76 CAD $/bu 6.51 6.62 6.51 7.47 CAD $/tonne 239.37 243.15 239.37 274.60 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 N/A N/A N/A -0.87 -1.00 N/A London -0.56 -0.46 -0.56 N/A -0.51 -0.82 -0.98 N/A Hensall -0.50 N/A -0.50 N/A -0.60 N/A -1.00 N/A Trenton N/A N/A N/A N/A N/A N/A -1.20 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.88 Essex N/A N/A -0.42 N/A N/A N/A -1.03 N/A Norwich -0.50 N/A -0.50 N/A -0.60 N/A -1.00 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.60 N/A -0.55 N/A -0.65 N/A -1.00 N/A Chatham N/A N/A N/A N/A N/A -0.88 -0.93 N/A Brigden N/A N/A N/A N/A N/A -0.88 -0.93 N/A Palmerston N/A -0.41 -0.53 -0.41 N/A -0.67 -1.08 -0.67 Varna -0.45 -0.50 -0.50 N/A -0.60 -0.90 -1.00 N/A Mitchell -0.50 -0.55 -0.50 N/A -0.60 -0.90 -1.00 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 -0.69 N/A N/A N/A -0.63 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.47 N/A N/A N/A -0.63 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 0.15N/A 0.51N/A 0.10N/A Toledo El. 6.96US 7.15CA 6.96US 7.15CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.21 -0.32 -0.68 -0.70 CAD $/bu 6.87 6.77 6.41 7.43 CAD $/tonne 252.59 248.82 235.60 272.90 (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 320.00 Bayport Barley 320.00 FOB Hm Soymeal 574.75 - 583.57 DDG's FOB Srn & Aylm 260.00