FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, July 5 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0568 up 0.0055 Chicago corn closed slightly to moderately lower. SEP13 HI 5.39 DEC13 HI 5.07 1/2 LOW 5.25 1/2 LOW 4.91 CLOSE5.25 3/4 Down 6 1/2 CLOSE 4.91 1/4 Down 11 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 5.91 232.57 -0.70 4.21 165.84 CK High 0.70 5.96 234.54 -0.70 4.21 165.84 CK Avg 0.68 0.37 5.94 233.88 -0.70 -0.99 4.21 165.84 Essex Cty 0.77 6.03 237.29 -0.73 4.18 164.66 Mdsx Low 0.70 5.96 234.54 -0.70 4.21 165.84 Mdsx High 0.70 5.96 234.54 -0.70 4.21 165.84 Mdsx Avg 0.70 0.39 5.96 234.54 -0.70 -0.99 4.21 165.84 Hensall 0.65 5.91 232.57 -0.70 4.21 165.84 Bruce 0.60 5.86 230.60 -0.70 4.21 165.84 Putnam N/A -0.70 4.21 165.84 Burford 0.70 5.96 234.54 -0.70 4.21 165.84 Port Perry 0.55 5.81 228.63 -0.75 4.16 163.87 Norfolk 0.65 5.91 232.57 -0.70 4.21 165.84 Palmerston 0.60 5.86 230.60 -0.70 4.21 165.84 Varna 0.60 5.86 230.60 -0.70 4.21 165.84 Trenton 0.60 5.86 230.60 -0.70 4.21 165.84 Winchester 0.65 5.91 232.57 -0.50 4.41 173.71 North Gower 0.41 5.67 223.12 -0.59 4.32 170.17 Huron FOB 0.75 6.01 236.50 -0.70 4.21 165.84 Kent FOB 0.70 5.96 234.54 -0.75 4.16 163.87 Lamb FOB 0.70 5.96 234.54 -0.75 4.16 163.87 Mdsx FOB 0.70 0.70N/A N/A 5.96 234.54 -0.70 4.21 165.84 FOB SW Que N/A -0.27 4.64 182.77 Track 1.00 6.26 246.35N/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 5.86 230.60 -0.55 4.36 171.74 Sarn-Eth 0.80 0.95 1.25N/A 6.06 238.47N/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 4.46 175.68 Pt.Colb-Ing N/A 0.80 1.10 0.90 -0.40 4.51 177.65 Cardnl-Ing N/A N/A 1.05 0.90 -0.35 4.56 179.62 W O Feed 1.08 1.02 6.34 249.50 US Rep 1.42 1.36 6.68 262.88 Toledo El. 1.19 6.44 253.71 -0.32 4.59 180.88 TRANSFER Sarnia N/A N/A Pt. Stanley 0.65 5.91 232.57 -0.75 4.16163 7/8 Hamilton N/A -0.44 4.47176 MID SD CRN -0.70 4.21 1/4 HI SD CRN -0.70 4.21 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0568 up 0.0055 Chicago soybeans closed slightly to moderately lower. AUG13 HI 14.43 1/4 NOV13 HI 12.51 1/2 LOW 14.31 3/4 LOW 12.27 1/2 CLOSE14.32 Down 9 1/4 CLOSE 12.28 1/4 Down 22 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV13 CK Low 1.50 15.82 581.29-0.20 12.08 443.96 CK High 1.60 15.92 584.96-0.10 12.18 447.63 CK Average 1.57 0.71 15.89 583.86-0.15-0.8812.14 445.92 Essex Cty N/A -0.86 11.42 419.71 Mdsx Low 1.54 15.86 582.76-0.15 12.13 445.79 Mdsx High 1.60 15.92 584.96-0.15 12.13 445.79 Mdsx Average 1.57 0.71 15.89 583.86-0.15-0.8912.13 445.79 Hensall 1.60 15.92 584.96-0.13 12.16 446.71 Bruce 1.60 15.92 584.96-0.15 12.13 445.79 Putnam N/A -0.15 12.13 445.79 Burford 1.60 15.92 584.96-0.09 12.19 448.00 Port Perry 1.54 15.86 582.76-0.15 12.13 445.79 Norfolk 1.65 15.97 586.80-0.10 12.18 447.63 Palmerston 1.60 15.92 584.96-0.15 12.13 445.79 Varna 1.60 15.92 584.96-0.10 12.18 447.63 Trenton 1.45 15.77 579.45-0.15 12.13 445.79 Winchester 1.50 15.82 581.29-0.20 12.08 443.96 North Gower 1.69 16.01 588.270.07 12.35 453.88 Huron FOB 1.72 16.04 589.37-0.10 12.18 447.63 Kent FOB 1.65 15.97 586.800.00 12.28 451.30 Lambton FOB 1.60 15.92 584.960.00 12.28 451.30 Middlesex FOB1.69 1.80 N/A N/A 16.01 588.270.07 12.35 453.88 PROCESSORS Hamilton 2.10 2.25 N/A N/A 16.42 603.330.45 12.73 467.84 Windsor 2.02 2.02 N/A N/A 16.34 600.390.40 12.68 466.00 Winchester N/A N/A TRANSFER Hamilton 1.69 N/A N/A N/A 16.01 588.270.47 12.75 468.57 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.42 14.74 541.600.90 13.18 484.37 Toledo El. 0.76 15.08 554.21-0.40 11.88 436.51 Bank of Canada Noon exchange rate was 1.0568 up 0.0055 Chicago wheat closed slightly lower. SEP13 HI 6.72 1/2 SEP13 HI 6.72 1/2 LOW 6.59 1/4 LOW 6.59 1/4 CLOSE 6.60 Down 5 CLOSE 6.60 Down 5 Minni wheat closed slightly lower. SEP13 HI 7.74 3/4 SEP13 HI 7.74 3/4 LOW 7.62 LOW 7.62 CLOSE 7.63 1/2 Down 6 3/4 CLOSE 7.63 1/2 Down 6 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.08 -0.19 -0.56 -0.39 CAD $/bu 6.52 6.41 6.04 7.24 CAD $/tonne 239.51 235.61 221.98 266.18 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 -0.78 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 -1.01 -0.55 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 -0.90 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 -0.56 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 0.66N/A 0.40N/A Toledo El. N/A 6.45US 6.84CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.08 -0.19 -0.56 -0.39 CAD $/bu 6.52 6.41 6.04 7.24 CAD $/tonne 239.51 235.61 221.98 266.18 (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 591.51 - 603.64 DDG's FOB Srn & Aylm 285.00