FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, July 10 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0511 down 0.0019 Chicago corn closed narrowly mixed. SEP13 HI 5.58 DEC13 HI 5.27 1/2 LOW 5.48 1/4 LOW 5.16 3/4 CLOSE5.53 3/4 Up 2 CLOSE 5.21 1/2 Down 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 0.75 6.29 247.53 -0.70 4.52 177.75 CK High 0.75 6.29 247.53 -0.65 4.57 179.72 CK Avg 0.75 0.46 6.29 247.53 -0.69 -0.96 4.53 178.27 Essex Cty 0.90 6.44 253.43 -0.70 4.52 177.75 Mdsx Low 0.75 6.29 247.53 -0.70 4.52 177.75 Mdsx High 0.75 6.29 247.53 -0.70 4.52 177.75 Mdsx Avg 0.75 0.46 6.29 247.53 -0.70 -0.97 4.52 177.75 Hensall 0.73 6.26 246.54 -0.70 4.52 177.75 Bruce 0.70 6.24 245.56 -0.70 4.52 177.75 Putnam N/A -0.70 4.52 177.75 Burford 0.75 6.29 247.53 -0.70 4.52 177.75 Port Perry 0.55 6.09 239.65 -0.75 4.47 175.78 Norfolk 0.70 6.24 245.56 -0.67 4.55 178.93 Palmerston 0.60 6.14 241.62 -0.70 4.52 177.75 Varna 0.70 6.24 245.56 -0.70 4.52 177.75 Trenton 0.65 6.19 243.59 -0.70 4.52 177.75 Winchester 0.70 6.24 245.56 -0.45 4.77 187.59 North Gower 0.38 5.92 232.96 -0.65 4.57 179.72 Huron FOB 0.85 6.39 251.46 -0.70 4.52 177.75 Kent FOB 0.75 6.29 247.53 -0.72 4.50 176.96 Lamb FOB 0.75 6.29 247.53 -0.72 4.50 176.96 Mdsx FOB 0.75 0.85N/A N/A 6.29 247.53 -0.70 4.52 177.75 FOB SW Que 0.44 5.98 235.32 -0.40 4.82 189.56 Track 1.03 6.56 258.35N/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 6.14 241.62 -0.55 4.67 183.65 Sarn-Eth 0.80 0.95 1.25N/A 6.34 249.50N/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 4.77 187.59 Pt.Colb-Ing N/A N/A 1.15 0.95 -0.40 4.82 189.56 Cardnl-Ing N/A N/A 1.10 0.95 -0.40 4.82 189.56 W O Feed 1.08 1.03 6.62 260.52 US Rep 1.55 1.50 7.09 279.02 Toledo El. 1.39 6.93 272.66 -0.32 4.90 192.88 TRANSFER Sarnia N/A N/A Pt. Stanley 0.75 6.29 247.53 -0.72 4.50177 Hamilton N/A -0.46 4.76187 1/5 MID SD CRN -0.67 1/2 4.54 HI SD CRN -0.65 4.56 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0511 down 0.0019 Chicago soybeans closed mixed. AUG13 HI 14.79 NOV13 HI 12.95 LOW 14.62 LOW 12.73 1/2 CLOSE14.64 3/4 Down 3 1/2 CLOSE 12.84 3/4 Up 8 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV13 CK Low 1.55 16.20 595.16-0.20 12.65 464.72 CK High 1.65 16.30 598.83-0.10 12.75 468.39 CK Average 1.59 0.83 16.24 596.56-0.17-0.8312.68 465.94 Essex Cty 1.67 16.32 599.570.08 12.93 475.00 Mdsx Low 1.59 16.24 596.63-0.19 12.66 465.08 Mdsx High 1.60 16.25 596.99-0.15 12.70 466.55 Mdsx Average 1.60 0.84 16.24 596.81-0.17-0.8412.68 465.82 Hensall 1.60 16.25 596.99-0.15 12.70 466.55 Bruce 1.60 16.25 596.99-0.15 12.70 466.55 Putnam N/A -0.15 12.70 466.55 Burford 1.65 16.30 598.83-0.13 12.72 467.29 Port Perry 1.59 16.24 596.63-0.19 12.66 465.08 Norfolk 1.62 16.27 597.73-0.15 12.70 466.55 Palmerston 1.60 16.25 596.99-0.15 12.70 466.55 Varna 1.60 16.25 596.99-0.15 12.70 466.55 Trenton 1.50 16.15 593.32-0.15 12.70 466.55 Winchester 1.65 16.30 598.830.10 12.95 475.74 North Gower 1.65 16.30 598.830.05 12.90 473.90 Huron FOB 1.72 16.37 601.40-0.15 12.70 466.55 Kent FOB 1.62 16.27 597.73-0.05 12.80 470.23 Lambton FOB 1.62 16.27 597.73-0.05 12.80 470.23 Middlesex FOB1.63 1.79 N/A N/A 16.28 598.100.03 12.88 473.17 PROCESSORS Hamilton 2.15 2.25 N/A N/A 16.80 617.200.35 13.20 484.93 Windsor 1.89 1.90 N/A N/A 16.54 607.650.31 13.16 483.46 Winchester N/A N/A TRANSFER Hamilton 1.57 N/A N/A N/A 16.22 595.890.41 13.26 487.13 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.82 13.67 502.19 Toledo El. 0.81 15.46 567.96-0.40 12.45 457.38 Bank of Canada Noon exchange rate was 1.0511 down 0.0019 Chicago wheat closed slightly higher. SEP13 HI 6.82 1/4 JUL14 HI 7.11 1/4 LOW 6.68 3/4 LOW 7.02 CLOSE 6.79 Up 1 1/2 CLOSE 7.08 1/2 Up 1 3/4 Minni wheat closed steady to slightly higher. SEP13 HI 7.73 JUL14 HI 8.08 1/4 LOW 7.61 LOW 8.06 CLOSE 7.68 3/4 Unchanged CLOSE 8.07 1/2 Up 2 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.17 -0.28 -0.65 -0.50 CAD $/bu 6.62 6.51 6.14 7.19 CAD $/tonne 243.10 239.24 225.71 264.26 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 -0.83 -0.84 -0.95 N/A -0.37 -0.78 -0.99 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 -1.20 N/A Winchester N/A N/A N/A -0.69 N/A N/A N/A N/A Essex N/A N/A -0.90 N/A N/A N/A -0.99 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 -1.05 N/A Brigden N/A -0.90 -0.95 N/A N/A N/A -1.05 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 -0.81 N/A N/A N/A -0.83 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 -0.60 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 0.62N/A 0.35N/A N/A N/A N/A N/A Toledo El. 6.86US 7.22CA 6.86US 7.21CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.37 -0.47 -0.79 0.42 CAD $/bu 6.72 6.61 6.30 8.49 CAD $/tonne 246.77 242.91 231.31 312.09 (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 612.56 - 626.90 DDG's FOB Srn & Aylm 285.00