FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, July 1 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0512 up 0.0000 Chicago corn closed moderately lower to lower. SEP13 HI 5.46 DEC13 HI 5.08 1/2 LOW 5.31 LOW 5.00 1/2 CLOSE5.31 1/2 Down 15 3/4 CLOSE 5.01 1/4 Down 9 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +SEP13+DEC13+DEC13 CK Low 0.65 5.97 234.83 -0.75 4.26 167.81 CK High 0.65 5.97 234.83 -0.70 4.31 169.78 CK Avg 0.65 0.37 5.97 234.83 -0.73 -0.98 4.29 168.79 Essex Cty 0.80 6.12 240.74 -0.70 4.31 169.78 Mdsx Low 0.65 5.97 234.83 -0.75 4.26 167.81 Mdsx High 0.65 5.97 234.83 -0.70 4.31 169.78 Mdsx Avg 0.65 0.37 5.97 234.83 -0.73 -0.98 4.29 168.79 Hensall 0.63 5.94 233.85 -0.73 4.29 168.79 Bruce 0.60 5.92 232.86 -0.75 4.26 167.81 Putnam N/A -0.70 4.31 169.78 Burford 0.65 5.97 234.83 -0.70 4.31 169.78 Port Perry 0.50 5.82 228.93 -0.75 4.26 167.81 Norfolk 0.60 5.92 232.86 -0.70 4.31 169.78 Palmerston 0.60 5.92 232.86 -0.70 4.31 169.78 Varna 0.60 5.92 232.86 -0.70 4.31 169.78 Trenton 0.55 5.87 230.89 -0.75 4.26 167.81 Winchester 0.65 5.97 234.83 -0.50 4.51 177.65 North Gower 0.43 5.75 226.17 -0.54 4.47 176.07 Huron FOB 0.70 6.02 236.80 -0.70 4.31 169.78 Kent FOB 0.70 6.02 236.80 -0.75 4.26 167.81 Lamb FOB 0.70 6.02 236.80 -0.75 4.26 167.81 Mdsx FOB 0.65 0.75N/A N/A 5.97 234.83 -0.70 4.31 169.78 FOB SW Que 1.30 6.62 260.42 -0.45 4.56 179.62 Track 1.03 6.34 249.59N/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 0.60 0.65 0.75N/A 5.92 232.86 -0.55 4.46 175.68 Sarn-Eth 0.80 0.95 1.25N/A 6.12 240.74N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A 0.85 1.05 0.85 -0.45 4.56 179.62 Pt.Colb-Ing N/A 0.80 1.10 0.90 -0.40 4.61 181.59 Cardnl-Ing N/A N/A 1.05 0.90 -0.40 4.61 181.59 W O Feed 1.04 0.99 6.36 250.28 US Rep 0.65 0.60 5.97 234.83 Toledo El. N/A -0.32 4.70 184.91 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.75 4.26167 4/5 Hamilton N/A -0.47 4.54178 5/6 MID SD CRN -0.72 1/2 4.28 3/4 HI SD CRN -0.70 4.31 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0512 up 0.0000 Chicago soybeans closed mixed. AUG13 HI 14.53 3/4 NOV13 HI 12.59 LOW 12.46 1/4 LOW 12.38 CLOSE14.36 1/4 Up 5 1/4 CLOSE 12.43 1/4 Down 8 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV13 CK Low 1.20 15.56 571.82-0.25 12.18 447.63 CK High 1.45 15.81 581.01-0.15 12.28 451.30 CK Average 1.41 0.66 15.77 579.48-0.22-0.8612.22 448.86 Essex Cty 1.60 15.96 586.520.03 12.46 457.92 Mdsx Low 1.22 15.58 572.56-0.26 12.17 447.26 Mdsx High 1.45 15.81 581.01-0.20 12.23 449.47 Mdsx Average 1.34 0.59 15.70 576.78-0.23-0.8712.20 448.37 Hensall 1.45 15.81 581.01-0.20 12.23 449.47 Bruce 1.45 15.81 581.01-0.20 12.23 449.47 Putnam N/A -0.50 11.93 438.44 Burford 1.28 15.64 574.76-0.20 12.23 449.47 Port Perry 1.22 15.58 572.56-0.26 12.17 447.26 Norfolk 1.50 15.86 582.85-0.20 12.23 449.47 Palmerston 1.15 15.51 569.99-0.25 12.18 447.63 Varna 1.45 15.81 581.01-0.20 12.23 449.47 Trenton 1.30 15.66 575.50-0.25 12.18 447.63 Winchester 1.25 15.61 573.66-0.04 12.39 455.35 North Gower 1.38 15.74 578.44-0.03 12.40 455.71 Huron FOB 1.55 15.91 584.68-0.10 12.33 453.14 Kent FOB 1.50 15.86 582.85-0.10 12.33 453.14 Lambton FOB 1.50 15.86 582.85-0.10 12.33 453.14 Middlesex FOB1.53 1.68 N/A N/A 15.89 583.95-0.01 12.42 456.45 PROCESSORS Hamilton 2.00 2.15 N/A N/A 16.36 601.220.35 12.78 469.68 Windsor 1.83 1.83 1.83 N/A 16.19 594.970.25 12.68 466.00 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.40 12.83 471.51 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.82 13.25 486.95 Toledo El. 0.76 15.12 555.56-0.40 12.03 442.13 Bank of Canada Noon exchange rate was 1.0512 up 0.0000 Chicago wheat closed slightly lower. SEP13 HI 6.64 SEP13 HI 6.64 LOW 6.52 3/4 LOW 6.52 3/4 CLOSE 6.55 Down 2 3/4 CLOSE 6.55 Down 2 3/4 Minni wheat closed slightly lower. SEP13 HI 7.79 SEP13 HI 7.79 LOW 7.70 LOW 7.70 CLOSE 7.71 1/2 Down 3 1/2 CLOSE 7.71 1/2 Down 3 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.13 -0.19 -0.61 -0.44 CAD $/bu 6.42 6.36 5.94 7.27 CAD $/tonne 235.76 233.83 218.37 267.26 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 -0.59 -0.43 -0.48 N/A -0.53 -0.85 -1.01 N/A Hensall -0.40 N/A -0.50 N/A -0.50 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 -0.69 Essex N/A N/A N/A N/A N/A N/A -0.90 N/A Norwich -0.40 N/A -0.50 N/A -0.50 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 -0.50 N/A -1.00 N/A Chatham N/A N/A N/A N/A N/A -0.93 -0.98 N/A Brigden N/A N/A N/A N/A N/A -0.93 -0.98 N/A Palmerston N/A -0.40 -0.52 -0.40 N/A -0.79 -1.16 -0.60 Varna -0.40 -0.45 -0.45 N/A -0.60 -0.90 -1.00 N/A Mitchell -0.40 -0.40 -0.50 N/A -0.55 -0.90 -1.00 N/A Thornton N/A N/A N/A -1.12 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A -0.61 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A N/A N/A N/A N/A -0.62 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 0.55N/A 0.23N/A Toledo El. N/A 6.32US 6.65CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.13 -0.19 -0.61 -0.44 CAD $/bu 6.42 6.36 5.94 7.27 CAD $/tonne 235.76 233.83 218.37 267.26 (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 592.83 - 617.08 DDG's FOB Srn & Aylm 280.00 - 285.00