FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, July 9 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.053 down 0.0046 Chicago corn closed higher. SEP13 HI 5.54 3/4 DEC13 HI 5.24 1/2 LOW 5.34 1/2 LOW 5.02 1/2 CLOSE5.51 3/4 Up 18 1/2 CLOSE 5.21 3/4 Up 21 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 0.70 6.22 244.77 -0.70 4.52 177.85 CK High 0.75 6.27 246.74 -0.65 4.57 179.81 CK Avg 0.73 0.43 6.25 246.08 -0.69 -0.97 4.53 178.37 Essex Cty 0.85 6.37 250.68 -0.70 4.52 177.85 Mdsx Low 0.70 6.22 244.77 -0.70 4.52 177.85 Mdsx High 0.75 6.27 246.74 -0.70 4.52 177.85 Mdsx Avg 0.73 0.42 6.24 245.76 -0.70 -0.98 4.52 177.85 Hensall 0.68 6.19 243.79 -0.70 4.52 177.85 Bruce 0.65 6.17 242.80 -0.70 4.52 177.85 Putnam N/A -0.70 4.52 177.85 Burford 0.75 6.27 246.74 -0.70 4.52 177.85 Port Perry 0.55 6.07 238.87 -0.75 4.47 175.88 Norfolk 0.70 6.22 244.77 -0.67 4.55 179.03 Palmerston 0.60 6.12 240.84 -0.70 4.52 177.85 Varna 0.65 6.17 242.80 -0.70 4.52 177.85 Trenton 0.65 6.17 242.80 -0.70 4.52 177.85 Winchester 0.70 6.22 244.77 -0.45 4.77 187.69 North Gower 0.38 5.90 232.17 -0.65 4.57 179.81 Huron FOB 0.80 6.32 248.71 -0.70 4.52 177.85 Kent FOB 0.75 6.27 246.74 -0.72 4.50 177.06 Lamb FOB 0.75 6.27 246.74 -0.72 4.50 177.06 Mdsx FOB 0.75 0.85N/A N/A 6.27 246.74 -0.70 4.52 177.85 FOB SW Que 0.50 6.02 236.90 -0.37 4.85 190.84 Track 1.00 6.52 256.58N/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 6.12 240.84 -0.55 4.67 183.75 Sarn-Eth 0.80 0.95 1.25N/A 6.32 248.71N/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 4.77 187.69 Pt.Colb-Ing N/A N/A 1.15 0.95 -0.40 4.82 189.66 Cardnl-Ing N/A N/A 1.10 0.95 -0.40 4.82 189.66 W O Feed 1.08 1.02 6.60 259.73 US Rep 1.55 1.49 7.07 278.24 Toledo El. 1.18 6.70 263.71 -0.32 4.90 192.95 TRANSFER Sarnia N/A N/A Pt. Stanley 0.70 6.22 244.77 -0.72 4.50177 Hamilton N/A -0.44 4.78188 MID SD CRN -0.67 1/2 4.54 1/4 HI SD CRN -0.65 4.56 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.053 down 0.0046 Chicago soybeans closed moderately higher to higher. AUG13 HI 14.79 1/2 NOV13 HI 12.86 3/4 LOW 14.52 LOW 12.53 3/4 CLOSE14.68 1/4 Up 12 3/4 CLOSE 12.76 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 16.18 594.61-0.20 12.56 461.59 CK High 1.65 16.33 600.12-0.10 12.66 465.27 CK Average 1.58 0.78 16.26 597.42-0.16-0.8612.60 463.06 Essex Cty 1.74 16.42 603.42-0.13 12.63 464.16 Mdsx Low 1.55 16.23 596.44-0.17 12.59 462.70 Mdsx High 1.60 16.28 598.28-0.15 12.61 463.43 Mdsx Average 1.58 0.77 16.26 597.36-0.16-0.8612.60 463.06 Hensall 1.60 16.28 598.28-0.15 12.61 463.43 Bruce 1.60 16.28 598.28-0.15 12.61 463.43 Putnam N/A -0.15 12.61 463.43 Burford 1.61 16.29 598.65-0.11 12.65 464.90 Port Perry 1.55 16.23 596.44-0.17 12.59 462.70 Norfolk 1.62 16.30 599.01-0.13 12.63 464.16 Palmerston 1.60 16.28 598.28-0.15 12.61 463.43 Varna 1.60 16.28 598.28-0.15 12.61 463.43 Trenton 1.50 16.18 594.61-0.15 12.61 463.43 Winchester 1.44 16.12 592.400.07 12.83 471.51 North Gower 1.51 16.19 594.970.00 12.76 468.94 Huron FOB 1.72 16.40 602.69-0.15 12.61 463.43 Kent FOB 1.62 16.30 599.01-0.03 12.73 467.84 Lambton FOB 1.62 16.30 599.01-0.03 12.73 467.84 Middlesex FOB1.67 1.83 N/A N/A 16.35 600.850.05 12.81 470.78 PROCESSORS Hamilton 2.15 2.25 N/A N/A 16.83 618.490.35 13.11 481.80 Windsor 1.96 1.96 N/A N/A 16.64 611.510.36 13.12 482.17 Winchester N/A N/A TRANSFER Hamilton 1.68 N/A N/A N/A 16.36 601.220.48 13.24 486.58 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.90 13.66 502.01 Toledo El. 0.76 15.44 567.39-0.40 12.36 454.22 Bank of Canada Noon exchange rate was 1.053 down 0.0046 Chicago wheat closed moderately higher. SEP13 HI 6.83 JUL14 HI 7.10 LOW 6.62 1/2 LOW 6.93 3/4 CLOSE 6.77 1/2 Up 14 1/2 CLOSE 7.06 3/4 Up 14 1/4 Minni wheat closed slightly higher. SEP13 HI 7.73 3/4 JUL14 HI 8.06 LOW 7.60 1/4 LOW 8.04 CLOSE 7.68 3/4 Up 7 3/4 CLOSE 8.05 1/4 Up 7 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.16 -0.26 -0.63 -0.48 CAD $/bu 6.62 6.51 6.14 7.21 CAD $/tonne 243.14 239.26 225.70 264.93 Direct MarkHarvest 2013 Harvest 2014 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 -0.80 -0.95 N/A N/A N/A -1.05 N/A London -0.51 -0.83 -0.94 N/A -0.35 -0.76 -0.97 N/A Hensall -0.50 N/A -1.00 N/A -0.60 N/A -1.00 N/A Trenton N/A N/A -1.10 N/A N/A N/A N/A N/A Winchester N/A N/A N/A -0.69 N/A N/A N/A N/A Essex N/A N/A -0.88 N/A N/A N/A -0.96 N/A Norwich -0.50 N/A -1.00 N/A -0.60 N/A -1.05 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.50 N/A -1.00 N/A -0.60 N/A -1.05 N/A Chatham N/A -0.90 -0.95 N/A N/A N/A -1.03 N/A Brigden N/A -0.90 -0.95 N/A N/A N/A -1.03 N/A Palmerston N/A -0.62 -1.00 -0.55 N/A -0.40 -1.00 N/A Varna -0.60 -0.90 -1.00 N/A N/A N/A N/A N/A Mitchell -0.50 -0.90 -1.00 N/A -0.60 -0.80 -1.00 N/A Thornton N/A N/A N/A -0.76 N/A N/A N/A -0.82 North Gower N/A N/A N/A -0.60 N/A N/A N/A N/A TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.57 N/A N/A N/A N/A N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 0.63N/A 0.37N/A N/A N/A N/A N/A Toledo El. 6.63US 6.99CA 6.84US 7.21CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.35 -0.46 -0.77 CAD $/bu 6.71 6.61 6.29 CAD $/tonne 246.72 242.85 231.22 (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 613.89 - 626.01 DDG's FOB Srn & Aylm 285.00