FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, July 8 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0576 up 0.0008 Chicago corn closed moderately higher. SEP13 HI 5.36 DEC13 HI 5.02 1/2 LOW 5.25 LOW 4.90 CLOSE5.33 1/4 Up 7 1/2 CLOSE 5.00 1/2 Up 9 1/4 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 5.98 235.52 -0.70 4.31 169.48 CK High 0.75 6.08 239.46 -0.67 4.34 170.66 CK Avg 0.70 0.39 6.03 237.49 -0.70 -0.98 4.31 169.68 Essex Cty 0.85 6.18 243.39 -0.70 4.31 169.48 Mdsx Low 0.70 6.03 237.49 -0.70 4.31 169.48 Mdsx High 0.75 6.08 239.46 -0.70 4.31 169.48 Mdsx Avg 0.73 0.42 6.06 238.47 -0.70 -0.99 4.31 169.48 Hensall 0.68 6.01 236.50 -0.70 4.31 169.48 Bruce 0.65 5.98 235.52 -0.70 4.31 169.48 Putnam N/A -0.70 4.31 169.48 Burford 0.75 6.08 239.46 -0.70 4.31 169.48 Port Perry 0.55 5.88 231.58 -0.75 4.26 167.51 Norfolk 0.70 6.03 237.49 -0.67 4.34 170.66 Palmerston 0.60 5.93 233.55 -0.70 4.31 169.48 Varna 0.60 5.93 233.55 -0.70 4.31 169.48 Trenton 0.60 5.93 233.55 -0.70 4.31 169.48 Winchester 0.65 5.98 235.52 -0.50 4.51 177.35 North Gower 0.90 6.23 245.36 -0.53 4.48 176.17 Huron FOB 0.80 6.13 241.43 -0.70 4.31 169.48 Kent FOB 0.75 6.08 239.46 -0.72 4.29 168.69 Lamb FOB 0.75 6.08 239.46 -0.72 4.29 168.69 Mdsx FOB 0.75 0.85N/A N/A 6.08 239.46 -0.70 4.31 169.48 FOB SW Que 0.50 5.83 229.62 -0.37 4.64 182.47 Track 1.00 6.33 249.30N/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 5.93 233.55 -0.55 4.46 175.39 Sarn-Eth 0.80 0.95 1.25N/A 6.13 241.43N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A 1.10 0.90 -0.45 4.56 179.32 Pt.Colb-Ing N/A N/A 1.15 0.95 -0.40 4.61 181.29 Cardnl-Ing N/A N/A 1.10 0.95 -0.40 4.61 181.29 W O Feed 1.08 1.02 6.41 252.45 US Rep 1.55 1.49 6.88 270.95 Toledo El. 1.18 6.52 256.56 -0.32 4.69 184.55 TRANSFER Sarnia N/A N/A Pt. Stanley 0.70 6.03 237.49 -0.72 4.29168 2/3 Hamilton N/A -0.44 4.57179 5/7 MID SD CRN -0.68 1/2 4.32 HI SD CRN -0.67 4.33 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0576 up 0.0008 Chicago soybeans closed moderately higher to higher. AUG13 HI 14.59 1/2 NOV13 HI 12.54 LOW 14.26 3/4 LOW 12.25 CLOSE14.55 1/2 Up 23 1/2 CLOSE 12.52 1/4 Up 24 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV13 CK Low 1.50 16.06 589.92-0.20 12.32 452.77 CK High 1.60 16.16 593.59-0.10 12.42 456.45 CK Average 1.56 0.72 16.12 592.19-0.15-0.8712.37 454.61 Essex Cty 1.79 16.35 600.580.17 12.69 466.37 Mdsx Low 1.52 16.08 590.66-0.16 12.36 454.24 Mdsx High 1.60 16.16 593.59-0.15 12.37 454.61 Mdsx Average 1.56 0.72 16.12 592.12-0.16-0.8812.37 454.43 Hensall 1.60 16.16 593.59-0.15 12.37 454.61 Bruce 1.60 16.16 593.59-0.15 12.37 454.61 Putnam N/A -0.15 12.37 454.61 Burford 1.58 16.14 592.86-0.10 12.42 456.45 Port Perry 1.52 16.08 590.66-0.16 12.36 454.24 Norfolk 1.62 16.18 594.33-0.13 12.39 455.35 Palmerston 1.60 16.16 593.59-0.15 12.37 454.61 Varna 1.60 16.16 593.59-0.10 12.42 456.45 Trenton 1.50 16.06 589.92-0.15 12.37 454.61 Winchester 1.50 16.06 589.92-0.20 12.32 452.77 North Gower 1.63 16.19 594.700.08 12.60 463.06 Huron FOB 1.72 16.28 598.00-0.15 12.37 454.61 Kent FOB 1.62 16.18 594.33-0.03 12.49 459.02 Lambton FOB 1.62 16.18 594.33-0.03 12.49 459.02 Middlesex FOB1.62 1.81 N/A N/A 16.18 594.330.06 12.58 462.33 PROCESSORS Hamilton 2.10 2.20 N/A N/A 16.66 611.970.45 12.97 476.66 Windsor 2.09 2.03 N/A N/A 16.65 611.600.39 12.91 474.45 Winchester N/A N/A TRANSFER Hamilton 1.68 N/A N/A N/A 16.24 596.530.48 13.00 477.76 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.90 13.42 493.19 Toledo El. 0.76 15.32 562.78-0.40 12.12 445.36 Bank of Canada Noon exchange rate was 1.0576 up 0.0008 Chicago wheat closed slightly higher. SEP13 HI 6.71 1/2 SEP13 HI 6.71 1/2 LOW 6.58 3/4 LOW 6.58 3/4 CLOSE 6.63 Up 3 CLOSE 6.63 Up 3 Minni wheat closed slightly lower. SEP13 HI 7.70 3/4 SEP13 HI 7.70 3/4 LOW 7.60 1/4 LOW 7.60 1/4 CLOSE 7.61 Down 2 1/2 CLOSE 7.61 Down 2 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.09 -0.20 -0.57 -0.41 CAD $/bu 6.54 6.43 6.06 7.20 CAD $/tonne 240.14 236.25 222.65 264.62 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 -0.95 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 -0.45 N/A -0.95 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 -0.86 N/A Norwich N/A N/A N/A N/A -0.45 N/A -0.95 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 -0.45 N/A -0.95 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 -0.62 -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 -0.45 -0.85 -0.95 N/A Thornton N/A N/A N/A -0.82 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A -0.59 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 -0.57 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 0.65N/A 0.38N/A Toledo El. N/A 6.48US 6.85CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.09 -0.20 -0.57 -0.41 CAD $/bu 6.54 6.43 6.06 7.20 CAD $/tonne 240.14 236.25 222.65 264.62 (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 606.39 - 618.52 DDG's FOB Srn & Aylm 285.00