FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, July 3 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0523 down 0.0007 Chicago corn closed slightly lower to steady. SEP13 HI 5.39 1/4 DEC13 HI 5.09 3/4 LOW 5.27 1/2 LOW 4.99 CLOSE5.32 1/4 Down 3/4 CLOSE 5.02 3/4 Unchanged 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 5.97 235.13 -0.70 4.33 170.37 CK High 0.65 5.97 235.13 -0.70 4.33 170.37 CK Avg 0.65 0.36 5.97 235.13 -0.70 -0.97 4.33 170.37 Essex Cty 0.75 6.07 239.06 -0.70 4.33 170.37 Mdsx Low 0.65 5.97 235.13 -0.70 4.33 170.37 Mdsx High 0.65 5.97 235.13 -0.70 4.33 170.37 Mdsx Avg 0.65 0.36 5.97 235.13 -0.70 -0.97 4.33 170.37 Hensall 0.63 5.95 234.14 -0.70 4.33 170.37 Bruce 0.60 5.92 233.16 -0.70 4.33 170.37 Putnam N/A -0.70 4.33 170.37 Burford 0.65 5.97 235.13 -0.70 4.33 170.37 Port Perry 0.50 5.82 229.22 -0.75 4.28 168.40 Norfolk 0.60 5.92 233.16 -0.70 4.33 170.37 Palmerston 0.60 5.92 233.16 -0.70 4.33 170.37 Varna 0.60 5.92 233.16 -0.70 4.33 170.37 Trenton 0.60 5.92 233.16 -0.70 4.33 170.37 Winchester 0.65 5.97 235.13 -0.50 4.53 178.24 North Gower 0.36 5.68 223.71 -0.61 4.42 173.91 Huron FOB 0.70 6.02 237.10 -0.70 4.33 170.37 Kent FOB 0.70 6.02 237.10 -0.75 4.28 168.40 Lamb FOB 0.70 6.02 237.10 -0.75 4.28 168.40 Mdsx FOB 0.65 0.70N/A N/A 5.97 235.13 -0.70 4.33 170.37 FOB SW Que 1.15 6.47 254.81 -0.25 4.78 188.08 Track 0.98 6.30 247.92N/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 5.92 233.16 -0.55 4.48 176.27 Sarn-Eth 0.80 0.95 1.25N/A 6.12 241.03N/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 6.40 251.82 US Rep 1.42 1.36 6.74 265.44 Toledo El. 1.18 6.50 256.00 -0.32 4.71 185.48 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 -0.70 4.32 3/4 HI SD CRN -0.70 4.32 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0523 down 0.0007 Chicago soybeans closed slightly higher. AUG13 HI 14.50 NOV13 HI 12.59 3/4 LOW 14.32 3/4 LOW 12.41 3/4 CLOSE14.41 1/4 Up 7 3/4 CLOSE 12.50 3/4 Up 8 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV13 CK Low 1.50 15.91 584.68-0.20 12.31 452.22 CK High 1.60 16.01 588.36-0.10 12.41 455.90 CK Average 1.56 0.79 15.97 586.95-0.15-0.8212.36 454.06 Essex Cty 1.70 16.11 592.030.10 12.61 463.25 Mdsx Low 1.52 15.93 585.42-0.15 12.36 454.06 Mdsx High 1.60 16.01 588.36-0.15 12.36 454.06 Mdsx Average 1.56 0.78 15.97 586.89-0.15-0.8212.36 454.06 Hensall 1.60 16.01 588.36-0.13 12.38 454.98 Bruce 1.60 16.01 588.36-0.15 12.36 454.06 Putnam N/A -0.50 12.01 441.20 Burford 1.58 15.99 587.62-0.09 12.42 456.27 Port Perry 1.52 15.93 585.42-0.15 12.36 454.06 Norfolk 1.60 16.01 588.36-0.12 12.39 455.16 Palmerston 1.60 16.01 588.36-0.15 12.36 454.06 Varna 1.60 16.01 588.36-0.10 12.41 455.90 Trenton 1.45 15.86 582.85-0.15 12.36 454.06 Winchester 1.36 15.77 579.540.09 12.60 462.88 North Gower 1.64 16.05 589.830.02 12.53 460.31 Huron FOB 1.70 16.11 592.030.00 12.51 459.57 Kent FOB 1.60 16.01 588.36-0.02 12.49 458.84 Lambton FOB 1.60 16.01 588.36-0.02 12.49 458.84 Middlesex FOB1.69 1.85 N/A N/A 16.10 591.670.06 12.57 461.78 PROCESSORS Hamilton 2.05 2.20 N/A N/A 16.46 604.890.35 12.86 472.43 Windsor 1.92 1.94 N/A N/A 16.33 600.120.33 12.84 471.70 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.43 12.94 475.37 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.85 13.36 490.80 Toledo El. 0.76 15.17 557.45-0.40 12.11 444.86 Bank of Canada Noon exchange rate was 1.0523 down 0.0007 Chicago wheat closed slightly higher. SEP13 HI 6.71 1/4 SEP13 HI 6.71 1/4 LOW 6.58 LOW 6.58 CLOSE 6.65 Up 6 3/4 CLOSE 6.65 Up 6 3/4 Minni wheat closed slightly lower. SEP13 HI 7.78 1/2 SEP13 HI 7.78 1/2 LOW 7.70 LOW 7.70 CLOSE 7.70 Down 3/4 CLOSE 7.70 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 -0.12 -0.17 -0.59 -0.43 CAD $/bu 6.53 6.48 6.06 7.27 CAD $/tonne 240.08 238.14 222.65 267.18 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 -0.46 -0.51 -0.48 N/A -0.51 -0.83 -0.99 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 -1.10 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 -0.89 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 -0.65 -1.03 -0.58 Varna -0.40 -0.45 -0.45 N/A -0.55 -0.85 -0.95 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 -0.94 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 0.62N/A 0.36N/A Toledo El. N/A 6.50US 6.85CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.12 -0.17 -0.59 -0.43 CAD $/bu 6.53 6.48 6.06 7.27 CAD $/tonne 240.08 238.14 222.65 267.18 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 320.00 - 345.00 Bayport Oats 320.00 Bayport Barley 300.00 FOB Hm Soymeal 595.92 - 602.53 DDG's FOB Srn & Aylm 285.00