FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, July 29 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0261 down 0.0030 Chicago corn closed slightly lower. SEP13 HI 4.97 1/2 DEC13 HI 4.79 1/4 LOW 4.88 1/4 LOW 4.71 1/4 CLOSE4.89 1/4 Down 2 3/4 CLOSE 4.73 1/4 Down 2 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +SEP13+DEC13+DEC13 CK Low 0.80 5.69 224.10 -0.75 3.98 156.78 CK High 0.85 5.74 226.07 -0.65 4.08 160.72 CK Avg 0.81 0.68 5.70 224.43 -0.73 -0.85 4.01 157.77 Essex Cty 0.90 5.79 228.04 -0.75 3.98 156.78 Mdsx Low 0.75 5.64 222.14 -0.75 3.98 156.78 Mdsx High 0.80 5.69 224.10 -0.75 3.98 156.78 Mdsx Avg 0.78 0.64 5.67 223.12 -0.75 -0.88 3.98 156.78 Hensall 0.78 5.67 223.12 -0.73 4.01 157.77 Bruce 0.75 5.64 222.14 -0.75 3.98 156.78 Putnam N/A -0.70 4.03 158.75 Burford 0.75 5.64 222.14 -0.75 3.98 156.78 Port Perry 0.60 5.49 216.23 -0.75 3.98 156.78 Norfolk 0.75 5.64 222.14 -0.75 3.98 156.78 Palmerston 0.80 5.69 224.10 -0.70 4.03 158.75 Varna 0.80 5.69 224.10 -0.70 4.03 158.75 Trenton 0.80 5.69 224.10 -0.70 4.03 158.75 Winchester 0.80 5.69 224.10 -0.45 4.28 168.59 North Gower 0.45 5.34 210.32 -0.55 4.18 164.66 Huron FOB 0.90 5.79 228.04 -0.70 4.03 158.75 Kent FOB 0.80 5.69 224.10 -0.80 3.93 154.82 Lamb FOB 0.80 5.69 224.10 -0.80 3.93 154.82 Mdsx FOB 0.80 0.85 1.05N/A 5.69 224.10 -0.75 3.98 156.78 FOB SW Que N/A -0.52 4.21 165.84 Track 1.15 6.04 237.88N/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 1.00N/A 5.49 216.23 -0.55 4.18 164.66 Sarn-Eth N/A 1.10 1.40 1.00 N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A 1.00 0.70 -0.45 4.28 168.59 Pt.Colb-Ing N/A N/A 1.05 0.75 -0.40 4.33 170.56 Cardnl-Ing N/A N/A N/A 0.75 -0.40 4.33 170.56 W O Feed 1.19 1.16 6.08 239.46 US Rep 1.80 1.77 6.69 263.47 Toledo El. 1.41 6.30 248.00 -0.31 4.42 174.18 TRANSFER Sarnia N/A N/A Pt. Stanley 0.75 5.64 222.14 -0.80 3.93154 4/5 Hamilton N/A -0.58 4.15163 1/2 MID SD CRN -0.70 4.03 1/4 HI SD CRN -0.65 4.08 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0261 down 0.0030 Chicago soybeans closed slightly lower. NOV13 HI 12.28 NOV13 HI 12.28 LOW 12.08 1/2 LOW 12.08 1/2 CLOSE12.20 Down 8 1/2 CLOSE 12.20 Down 8 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV13 CK Low 1.40 13.60 499.71-0.40 11.80 433.58 CK High 1.55 13.75 505.23-0.31 11.89 436.88 CK Average 1.48 1.15 13.68 502.47-0.38-0.7111.82 434.43 Essex Cty 1.54 13.74 504.86-0.28 11.92 437.99 Mdsx Low 1.45 13.65 501.55-0.40 11.80 433.58 Mdsx High 1.50 13.70 503.39-0.35 11.85 435.41 Mdsx Average 1.48 1.15 13.68 502.47-0.38-0.7011.83 434.49 Hensall 1.48 13.68 502.47-0.38 11.83 434.49 Bruce 1.15 13.35 490.53-0.40 11.80 433.58 Putnam N/A -0.15 12.05 442.76 Burford 1.50 13.70 503.39-0.34 11.86 435.78 Port Perry 1.50 13.70 503.39-0.40 11.80 433.58 Norfolk 1.55 13.75 505.23-0.31 11.89 436.88 Palmerston 1.15 13.35 490.53-0.40 11.80 433.58 Varna 1.50 13.70 503.39-0.40 11.80 433.58 Trenton 1.30 13.50 496.04-0.45 11.75 431.74 Winchester 1.31 13.51 496.41-0.23 11.97 439.82 North Gower 1.19 13.39 492.00-0.27 11.93 438.35 Huron FOB 1.60 13.80 507.06-0.35 11.85 435.41 Kent FOB 1.50 13.70 503.39-0.31 11.89 436.88 Lambton FOB 1.50 13.70 503.39-0.31 11.89 436.88 Middlesex FOB N/A 1.60 N/A N/A -0.25 11.95 439.09 PROCESSORS Hamilton 1.35 1.70 1.70 N/A 13.55 497.880.05 12.25 450.11 Windsor 1.77 1.58 N/A N/A 13.97 513.31-0.05 12.15 446.44 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.10 12.30 451.95 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.60 12.80 470.32 Toledo El. 2.01 14.21 522.24-0.39 11.81 433.93 Bank of Canada Noon exchange rate was 1.0261 down 0.0030 Chicago wheat closed slightly higher. SEP13 HI 6.56 JUL14 HI 6.77 1/2 LOW 6.48 1/2 LOW 6.73 1/4 CLOSE 6.51 1/2 Up 1 1/4 CLOSE 6.75 3/4 Up 1 1/4 Minni wheat closed slightly lower. SEP13 HI 7.40 1/2 JUL14 HI 7.75 LOW 7.34 LOW 7.71 3/4 CLOSE 7.34 1/4 Down 2 1/4 CLOSE 7.71 3/4 Down 1 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.39 -0.49 -0.85 -0.67 CAD $/bu 6.13 6.02 5.66 6.67 CAD $/tonne 225.10 221.32 208.11 245.00 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 -0.94 -1.15 N/A N/A N/A -1.29 N/A London -0.83 -0.94 -0.99 N/A -0.52 -0.93 -1.19 N/A Hensall -1.05 N/A -1.15 N/A -0.70 N/A -1.30 N/A Trenton N/A N/A -1.25 N/A N/A N/A -1.25 N/A Winchester N/A N/A N/A -0.69 N/A N/A N/A N/A Essex N/A N/A -0.99 N/A N/A N/A -0.85 N/A Norwich -0.90 N/A -1.15 N/A -0.65 N/A -1.30 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.90 N/A -1.05 N/A -0.70 N/A -1.20 N/A Chatham N/A -0.94 -0.97 N/A N/A N/A -1.21 N/A Brigden N/A -0.94 -0.97 N/A N/A N/A -1.21 N/A Palmerston N/A -0.69 -1.06 -0.61 N/A -0.88 -1.18 N/A Varna -0.90 -1.00 -1.10 N/A -0.70 -0.95 -1.15 N/A Mitchell -0.90 -0.95 -1.10 N/A -0.70 -0.95 -1.30 N/A Thornton N/A N/A N/A N/A N/A N/A N/A N/A North Gower N/A N/A N/A -0.79 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 -0.75 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 0.54N/A 0.33N/A N/A N/A 0.39N/A Toledo El. 6.41US 6.58CA 6.53US 6.70CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.54 -0.64 -0.95 CAD $/bu 6.22 6.12 5.81 CAD $/tonne 228.59 224.81 213.49 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 315.00 - 340.00 Bayport Oats 320.00 Bayport Barley 295.00 FOB Hm Soymeal 573.10 - 580.82 DDG's FOB Srn & Aylm 270.00 - 280.00