FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, July 2 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.053 up 0.0018 Chicago corn closed slightly higher. SEP13 HI 5.35 1/4 DEC13 HI 5.06 1/4 LOW 5.27 1/4 LOW 4.96 1/2 CLOSE5.33 Up 1 1/2 CLOSE 5.02 3/4 Up 1 1/2 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 5.98 235.42 -0.75 4.28 168.40 CK High 0.65 5.98 235.42 -0.70 4.33 170.37 CK Avg 0.65 0.35 5.98 235.42 -0.71 -0.99 4.32 170.04 Essex Cty 0.75 6.08 239.36 -0.75 4.28 168.40 Mdsx Low 0.65 5.98 235.42 -0.70 4.33 170.37 Mdsx High 0.65 5.98 235.42 -0.70 4.33 170.37 Mdsx Avg 0.65 0.35 5.98 235.42 -0.70 -0.98 4.33 170.37 Hensall 0.63 5.96 234.44 -0.70 4.33 170.37 Bruce 0.60 5.93 233.45 -0.75 4.28 168.40 Putnam N/A -0.70 4.33 170.37 Burford 0.65 5.98 235.42 -0.70 4.33 170.37 Port Perry 0.50 5.83 229.52 -0.75 4.28 168.40 Norfolk 0.60 5.93 233.45 -0.70 4.33 170.37 Palmerston 0.60 5.93 233.45 -0.70 4.33 170.37 Varna 0.60 5.93 233.45 -0.70 4.33 170.37 Trenton 0.60 5.93 233.45 -0.70 4.33 170.37 Winchester 0.65 5.98 235.42 -0.50 4.53 178.24 North Gower 0.36 5.69 224.01 -0.60 4.43 174.30 Huron FOB 0.70 6.03 237.39 -0.70 4.33 170.37 Kent FOB 0.70 6.03 237.39 -0.75 4.28 168.40 Lamb FOB 0.70 6.03 237.39 -0.75 4.28 168.40 Mdsx FOB 0.65 0.70N/A N/A 5.98 235.42 -0.70 4.33 170.37 FOB SW Que 1.15 6.48 255.11 -0.25 4.78 188.08 Track 1.03 6.36 250.19N/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 5.93 233.45 -0.55 4.48 176.27 Sarn-Eth 0.80 0.95 1.25N/A 6.13 241.33N/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 4.58 180.21 Pt.Colb-Ing N/A 0.80 1.10 0.90 -0.40 4.63 182.18 Cardnl-Ing N/A N/A 1.05 0.90 -0.35 4.68 184.15 W O Feed 1.07 1.02 6.40 252.11 US Rep 1.42 1.36 6.75 265.74 Toledo El. 1.18 6.51 256.41 -0.32 4.71 185.45 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.75 4.28168 2/5 Hamilton N/A -0.46 4.57179 4/5 MID SD CRN -0.72 1/2 4.30 1/4 HI SD CRN -0.70 4.32 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.053 up 0.0018 Chicago soybeans closed narrowly mixed. AUG13 HI 14.45 NOV13 HI 12.52 1/2 LOW 14.30 1/4 LOW 12.35 CLOSE14.33 1/2 Down 2 3/4 CLOSE 12.42 1/2 Down 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV13 CK Low 1.45 15.79 580.00-0.20 12.23 449.19 CK High 1.60 15.94 585.51-0.10 12.33 452.87 CK Average 1.56 0.75 15.89 583.86-0.16-0.8612.26 450.60 Essex Cty 1.74 16.08 590.660.13 12.56 461.32 Mdsx Low 1.50 15.84 581.84-0.21 12.22 448.82 Mdsx High 1.60 15.94 585.51-0.15 12.28 451.03 Mdsx Average 1.55 0.74 15.89 583.67-0.18-0.8812.25 449.93 Hensall 1.60 15.94 585.51-0.13 12.30 451.95 Bruce 1.60 15.94 585.51-0.15 12.28 451.03 Putnam N/A -0.50 11.93 438.17 Burford 1.56 15.90 584.04-0.15 12.28 451.03 Port Perry 1.50 15.84 581.84-0.21 12.22 448.82 Norfolk 1.63 15.97 586.61-0.12 12.31 452.13 Palmerston 1.60 15.94 585.51-0.15 12.28 451.03 Varna 1.45 15.79 580.00-0.20 12.23 449.19 Trenton 1.45 15.79 580.00-0.15 12.28 451.03 Winchester 1.36 15.70 576.690.09 12.52 459.85 North Gower 1.59 15.93 585.14-0.03 12.40 455.44 Huron FOB 1.70 16.04 589.190.00 12.43 456.54 Kent FOB 1.63 15.97 586.61-0.02 12.41 455.81 Lambton FOB 1.63 15.97 586.61-0.02 12.41 455.81 Middlesex FOB1.62 1.77 N/A N/A 15.96 586.250.04 12.47 458.01 PROCESSORS Hamilton 2.05 2.15 N/A N/A 16.39 602.050.35 12.78 469.40 Windsor 1.96 1.98 N/A N/A 16.30 598.740.36 12.79 469.77 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.43 12.86 472.34 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.85 13.28 487.77 Toledo El. 0.76 15.10 554.67-0.40 12.02 441.79 Bank of Canada Noon exchange rate was 1.053 up 0.0018 Chicago wheat closed slightly higher. SEP13 HI 6.68 SEP13 HI 6.68 LOW 6.52 1/4 LOW 6.52 1/4 CLOSE 6.58 1/4 Up 3 1/4 CLOSE 6.58 1/4 Up 3 1/4 Minni wheat closed slightly lower. SEP13 HI 7.80 1/4 SEP13 HI 7.80 1/4 LOW 7.70 LOW 7.70 CLOSE 7.70 3/4 Down 3/4 CLOSE 7.70 3/4 Down 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.10 -0.16 -0.58 -0.41 CAD $/bu 6.48 6.43 6.00 7.30 CAD $/tonne 238.04 236.10 220.57 268.13 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 -0.85 -1.00 N/A London -0.56 -0.40 -0.45 N/A -0.50 -0.82 -0.98 N/A Hensall N/A N/A N/A 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 -0.85 N/A Norwich N/A N/A N/A 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 N/A N/A N/A N/A -0.50 N/A -1.00 N/A Chatham N/A N/A N/A N/A N/A -0.90 -0.95 N/A Brigden N/A N/A N/A N/A N/A -0.90 -0.95 N/A Palmerston N/A N/A N/A N/A N/A -0.67 -0.61 -0.61 Varna -0.40 -0.45 -0.45 N/A -0.60 -0.90 -1.00 N/A Mitchell N/A N/A N/A N/A -0.50 -0.90 -1.00 N/A Thornton N/A N/A N/A -1.05 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A -0.89 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 -0.60 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 0.64N/A 0.37N/A Toledo El. N/A 6.43US 6.80CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.10 -0.16 -0.58 -0.41 CAD $/bu 6.48 6.43 6.00 7.30 CAD $/tonne 238.04 236.10 220.57 268.13 (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 320.00 Bayport Barley 320.00 FOB Hm Soymeal 590.74 - 596.25 DDG's FOB Srn & Aylm 280.00 - 285.00