FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, June 24 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0532 up 0.0062 Chicago corn closed moderately lower. JUL13 HI 6.60 1/4 DEC13 HI 5.49 1/4 LOW 6.50 1/2 LOW 5.42 1/2 CLOSE6.53 1/4 Down 8 1/2 CLOSE 5.46 1/2 Down 9 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +SEP13+SEP13+DEC13 CK Low -0.30 6.23 245.36 -0.75 4.72 185.62 CK High -0.20 6.33 249.30 -0.70 4.77 187.59 CK Avg -0.25 -0.58 6.28 247.33 -0.73 -1.01 4.73 186.28 Essex Cty -0.05 6.48 255.20 -0.75 4.72 185.62 Mdsx Low -0.30 6.23 245.36 -0.75 4.72 185.62 Mdsx High -0.25 6.28 247.33 -0.75 4.72 185.62 Mdsx Avg -0.28 -0.60 6.26 246.35 -0.75 -1.02 4.72 185.62 Hensall -0.30 6.23 245.36 -0.75 4.72 185.62 Bruce -0.30 6.23 245.36 -0.75 4.72 185.62 Putnam N/A -0.70 4.77 187.59 Burford -0.25 6.28 247.33 -0.75 4.72 185.62 Port Perry -0.40 6.13 241.43 -0.75 4.72 185.62 Norfolk -0.25 6.28 247.33 -0.70 4.77 187.59 Palmerston -0.30 6.23 245.36 -0.75 4.72 185.62 Varna -0.30 6.23 245.36 -0.75 4.72 185.62 Trenton -0.40 6.13 241.43 -0.75 4.72 185.62 Winchester -0.25 6.28 247.33 -0.50 4.97 195.46 North Gower -0.28 6.25 246.15 -0.50 4.97 195.46 Huron FOB -0.09 6.44 253.63 -0.75 4.72 185.62 Kent FOB -0.15 6.38 251.27 -0.75 4.72 185.62 Lamb FOB -0.15 6.38 251.27 -0.75 4.72 185.62 Mdsx FOB -0.20 0.60 0.70N/A 6.33 249.30 -0.75 4.72 185.62 FOB SW Que 0.00 6.53 257.17 -0.30 5.17 203.34 Track 0.10 6.63 261.11N/A PROCESSORS Chat-Eth N/A N/A 0.95 1.30 N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth -0.25 0.50 0.55 0.70 6.28 247.33 -0.55 4.92 193.49 Sarn-Eth -0.20 0.80 0.95 1.25 6.33 249.30N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A 0.85 1.05 -0.45 5.02 197.43 Pt.Colb-Ing N/A N/A 0.80 1.10 -0.40 5.07 199.40 Cardnl-Ing N/A N/A N/A 1.05 -0.40 5.07 199.40 W O Feed 0.09 0.04 6.63 260.87 US Rep 0.60 0.54 7.13 280.79 Toledo El. 0.41 6.94 273.30 -0.32 5.15 202.74 TRANSFER Sarnia N/A N/A Pt. Stanley -0.30 6.23 245.36 -0.75 4.72185 5/8 Hamilton 0.01 6.54257 4/7 -0.45 5.02197 3/7 MID SD CRN -0.72 1/2 4.74 HI SD CRN -0.70 4.76 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0532 up 0.0062 Chicago soybeans closed steady to slightly higher. AUG13 HI 14.23 1/4 NOV13 HI 12.75 LOW 14.01 LOW 12.55 CLOSE14.21 1/4 Up 7 1/2 CLOSE 12.73 1/2 Unchanged OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+AUG1+AUG13 CK Low 1.15 15.36 564.48-0.35 12.39 455.07 CK High 1.23 15.44 567.41-0.15 12.59 462.42 CK Average 1.19 0.47 15.40 565.82-0.25-0.8912.49 458.75 Essex Cty 1.30 15.51 569.990.04 12.78 469.40 Mdsx Low 1.15 15.36 564.48-0.30 12.44 456.91 Mdsx High 1.21 15.42 566.68-0.27 12.47 458.01 Mdsx Average 1.18 0.47 15.39 565.58-0.29-0.9212.45 457.46 Hensall 1.13 15.34 563.56-0.30 12.44 456.91 Bruce 1.15 15.36 564.48-0.30 12.44 456.91 Putnam N/A -0.50 12.24 449.56 Burford 1.27 15.48 568.88-0.21 12.53 460.21 Port Perry 1.21 15.42 566.68-0.27 12.47 458.01 Norfolk 1.28 15.49 569.25-0.23 12.51 459.48 Palmerston 1.00 15.21 558.96-0.40 12.34 453.23 Varna 1.00 15.21 558.96-0.40 12.34 453.23 Trenton 1.15 15.36 564.48-0.20 12.54 460.58 Winchester 1.15 15.36 564.480.00 12.74 467.93 North Gower 1.37 15.58 572.56-0.04 12.70 466.46 Huron FOB 1.30 15.51 569.99-0.30 12.44 456.91 Kent FOB 1.28 15.49 569.25-0.13 12.61 463.15 Lambton FOB 1.28 15.49 569.25-0.13 12.61 463.15 Middlesex FOB1.41 1.62 1.72 N/A 15.62 574.03-0.02 12.72 467.20 PROCESSORS Hamilton 1.80 2.05 2.15 N/A 16.01 588.360.35 13.09 480.79 Windsor 1.62 1.64 1.65 N/A 15.83 581.740.26 13.00 477.48 Winchester N/A N/A TRANSFER Hamilton 1.86 N/A N/A N/A 16.07 590.560.39 13.13 482.26 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.50 13.24 486.30 Toledo El. 0.76 14.97 550.00-0.40 12.34 453.27 Bank of Canada Noon exchange rate was 1.0532 up 0.0062 Chicago wheat closed moderately lower. SEP13 HI 7.01 3/4 SEP13 HI 7.01 3/4 LOW 6.85 LOW 6.85 CLOSE 6.87 3/4 Down 17 1/4 CLOSE 6.87 3/4 Down 17 1/4 Minni wheat closed slightly lower. SEP13 HI 7.91 1/4 SEP13 HI 7.91 1/4 LOW 7.84 LOW 7.84 CLOSE 7.85 1/4 Down 6 1/4 CLOSE 7.85 1/4 Down 6 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.13 -0.23 -0.60 -0.55 CAD $/bu 6.75 6.65 6.28 7.30 CAD $/tonne 248.03 244.17 230.66 268.28 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 -0.90 -1.00 N/A London -0.57 -0.44 -0.47 N/A -0.54 -0.84 -0.99 N/A Hensall -0.40 N/A -0.50 N/A -0.55 N/A -1.00 N/A Trenton N/A N/A N/A N/A N/A N/A -1.25 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.78 Essex N/A N/A N/A N/A N/A N/A -0.94 N/A Norwich -0.40 N/A -0.50 N/A -0.55 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 -0.40 N/A -0.50 N/A -0.55 N/A -1.00 N/A Chatham N/A N/A N/A N/A N/A -0.93 -0.95 N/A Brigden N/A N/A N/A N/A N/A -0.93 -0.95 N/A Palmerston N/A -0.43 -0.57 -0.21 N/A -0.74 -1.12 -0.57 Varna -0.40 -0.45 -0.45 N/A -0.55 -0.85 -0.95 N/A Mitchell -0.40 -0.40 -0.50 N/A -0.55 -0.95 -1.00 N/A Thornton N/A N/A N/A -0.91 N/A N/A N/A N/A North Gower N/A N/A N/A -0.44 N/A N/A N/A -0.69 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.46 N/A N/A N/A -0.60 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 N/A N/A 0.12N/A 0.25N/A Toledo El. N/A 6.66US 6.99CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.13 -0.23 -0.60 -0.55 CAD $/bu 6.75 6.65 6.28 7.30 CAD $/tonne 248.03 244.17 230.66 268.28 (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 325.00 Bayport Barley 320.00 FOB Hm Soymeal 565.50 - 582.03 DDG's FOB Srn & Aylm 280.00 - 285.00