FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, July 30 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0293 up 0.0032 Chicago corn closed slightly higher. SEP13 HI 4.97 1/4 DEC13 HI 4.78 3/4 LOW 4.89 1/2 LOW 4.73 CLOSE4.95 1/2 Up 6 1/4 CLOSE 4.77 1/2 Up 4 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 0.80 5.76 226.56 -0.75 4.03 158.46 CK High 0.85 5.81 228.53 -0.65 4.13 162.39 CK Avg 0.81 0.65 5.76 226.89 -0.73 -0.89 4.04 159.11 Essex Cty 0.90 5.86 230.50 -0.75 4.03 158.46 Mdsx Low 0.75 5.71 224.60 -0.75 4.03 158.46 Mdsx High 0.80 5.76 226.56 -0.75 4.03 158.46 Mdsx Avg 0.78 0.62 5.73 225.58 -0.75 -0.90 4.03 158.46 Hensall 0.75 5.71 224.60 -0.73 4.05 159.44 Bruce 0.75 5.71 224.60 -0.75 4.03 158.46 Putnam N/A -0.70 4.08 160.43 Burford 0.75 5.71 224.60 -0.75 4.03 158.46 Port Perry 0.60 5.56 218.69 -0.75 4.03 158.46 Norfolk 0.75 5.71 224.60 -0.75 4.03 158.46 Palmerston 0.75 5.71 224.60 -0.75 4.03 158.46 Varna 0.75 5.71 224.60 -0.70 4.08 160.43 Trenton 0.80 5.76 226.56 -0.70 4.08 160.43 Winchester 0.80 5.76 226.56 -0.45 4.33 170.27 North Gower 0.45 5.41 212.79 -0.55 4.23 166.33 Huron FOB 0.85 5.81 228.53 -0.70 4.08 160.43 Kent FOB 0.80 5.76 226.56 -0.80 3.98 156.49 Lamb FOB 0.80 5.76 226.56 -0.80 3.98 156.49 Mdsx FOB 0.80 0.85 1.05N/A 5.76 226.56 -0.75 4.03 158.46 FOB SW Que N/A -0.51 4.27 167.91 Track 1.15 6.11 240.34N/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 5.56 218.69 -0.55 4.23 166.33 Sarn-Eth N/A 1.00 1.30 1.00 -0.50 4.28 168.30 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A 1.00 0.70 -0.45 4.33 170.27 Pt.Colb-Ing N/A N/A 1.05 0.75 -0.40 4.38 172.24 Cardnl-Ing N/A N/A N/A 0.75 -0.40 4.38 172.24 W O Feed 1.20 1.17 6.16 242.31 US Rep 1.80 1.77 6.76 265.93 Toledo El. 1.41 6.37 250.74 -0.31 4.47 175.79 TRANSFER Sarnia N/A N/A Pt. Stanley 0.75 5.71 224.60 -0.80 3.98156 1/2 Hamilton N/A -0.56 4.22166 MID SD CRN -0.70 4.07 1/2 HI SD CRN -0.65 4.12 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0293 up 0.0032 Chicago soybeans closed moderately lower. NOV13 HI 12.24 3/4 NOV13 HI 12.24 3/4 LOW 12.00 LOW 12.00 CLOSE12.03 Down 17 CLOSE 12.03 Down 17 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV13 CK Low 1.35 13.38 491.63-0.42 11.61 426.59 CK High 1.48 13.51 496.41-0.34 11.69 429.53 CK Average 1.39 1.00 13.42 493.04-0.38-0.7611.65 428.19 Essex Cty 1.81 13.84 508.53-0.18 11.85 435.41 Mdsx Low 1.35 13.38 491.63-0.43 11.60 426.23 Mdsx High 1.47 13.50 496.04-0.35 11.68 429.17 Mdsx Average 1.41 1.02 13.44 493.84-0.39-0.7811.64 427.70 Hensall 1.43 13.46 494.39-0.35 11.68 429.17 Bruce 1.15 13.18 484.28-0.35 11.68 429.17 Putnam N/A -0.15 11.88 436.52 Burford 1.53 13.56 498.24-0.37 11.66 428.43 Port Perry 1.47 13.50 496.04-0.43 11.60 426.23 Norfolk 1.35 13.38 491.63-0.34 11.69 429.53 Palmerston 1.15 13.18 484.28-0.40 11.63 427.33 Varna 1.50 13.53 497.14-0.35 11.68 429.17 Trenton 1.30 13.33 489.79-0.50 11.53 423.65 Winchester 1.26 13.29 488.32-0.31 11.72 430.64 North Gower 1.19 13.22 485.75-0.27 11.76 432.11 Huron FOB 1.60 13.63 500.82-0.30 11.73 431.00 Kent FOB 1.40 13.43 493.47-0.34 11.69 429.53 Lambton FOB 1.40 13.43 493.47-0.34 11.69 429.53 Middlesex FOB1.36 1.36 N/A N/A 13.39 492.00-0.28 11.75 431.74 PROCESSORS Hamilton 1.40 1.70 1.70 N/A 13.43 493.470.05 12.08 443.86 Windsor 2.04 1.84 N/A N/A 14.07 516.980.05 12.08 443.86 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.13 12.16 446.80 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.65 12.68 465.91 Toledo El. 1.62 13.65 501.57-0.39 11.64 427.61 Bank of Canada Noon exchange rate was 1.0293 up 0.0032 Chicago wheat closed slightly higher. SEP13 HI 6.62 1/2 JUL14 HI 6.86 3/4 LOW 6.50 LOW 6.77 1/4 CLOSE 6.55 1/4 Up 3 3/4 CLOSE 6.81 Up 5 1/4 Minni wheat closed slightly higher. SEP13 HI 7.44 1/4 JUL14 HI 7.82 1/4 LOW 7.33 1/4 LOW 7.71 3/4 CLOSE 7.37 1/4 Up 3 CLOSE 7.75 Up 3 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.36 -0.46 -0.82 -0.64 CAD $/bu 6.20 6.09 5.73 6.73 CAD $/tonne 227.66 223.86 210.59 247.38 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 -1.30 N/A London -0.85 -0.95 -1.00 N/A -0.54 -0.94 -1.20 N/A Hensall -1.10 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 -1.30 N/A Winchester N/A N/A N/A -0.69 N/A N/A N/A N/A Essex N/A N/A -0.96 N/A N/A N/A -1.11 N/A Norwich -0.95 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 -0.95 N/A -1.05 N/A -0.70 N/A -1.20 N/A Chatham N/A -0.94 -0.99 N/A N/A N/A -1.23 N/A Brigden N/A -0.94 -0.99 N/A N/A N/A -1.23 N/A Palmerston N/A -0.70 -1.07 -0.77 N/A -0.89 -1.22 N/A Varna -0.95 -1.05 -1.15 N/A -0.75 -1.00 -1.20 N/A Mitchell -0.95 -0.95 -1.10 N/A -0.70 -1.00 -1.30 N/A Thornton N/A N/A N/A -0.84 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 -0.73 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 0.57N/A 0.37N/A N/A N/A 0.43N/A Toledo El. 6.44US 6.65CA 6.58US 6.79CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.50 -0.61 -0.92 CAD $/bu 6.31 6.20 5.89 CAD $/tonne 231.73 227.94 216.56 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 310.00 - 340.00 Bayport Oats 330.00 Bayport Barley 280.00 FOB Hm Soymeal 562.41 - 570.13 DDG's FOB Srn & Aylm 270.00 - 280.00