FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, August 1 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0338 up 0.0051 Chicago corn closed moderately lower. SEP13 HI 4.99 3/4 DEC13 HI 4.79 LOW 4.86 1/2 LOW 4.64 CLOSE4.87 1/2 Down 11 1/2 CLOSE 4.67 Down 12 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC13+DEC13+DEC13 CK Low 0.75 5.63 221.45 -0.75 3.92 154.32 CK High 0.85 5.73 225.38 -0.65 4.02 158.26 CK Avg 0.79 0.62 5.67 223.09 -0.73 -0.89 3.95 155.31 Essex Cty 0.90 5.78 227.35 -0.75 3.92 154.32 Mdsx Low 0.75 5.63 221.45 -0.75 3.92 154.32 Mdsx High 0.75 5.63 221.45 -0.70 3.97 156.29 Mdsx Avg 0.75 0.58 5.63 221.45 -0.73 -0.89 3.95 155.31 Hensall 0.75 5.63 221.45 -0.70 3.97 156.29 Bruce 0.75 5.63 221.45 -0.75 3.92 154.32 Putnam N/A -0.70 3.97 156.29 Burford 0.75 5.63 221.45 -0.75 3.92 154.32 Port Perry 0.60 5.48 215.54 -0.75 3.92 154.32 Norfolk 0.80 5.68 223.41 -0.75 3.92 154.32 Palmerston N/A -0.75 3.92 154.32 Varna 0.75 5.63 221.45 -0.70 3.97 156.29 Trenton 0.80 5.68 223.41 -0.70 3.97 156.29 Winchester 0.80 5.68 223.41 -0.45 4.22 166.13 North Gower 0.45 5.33 209.64 -0.70 3.97 156.29 Huron FOB 0.95 5.83 229.32 -0.70 3.97 156.29 Kent FOB 0.85 5.73 225.38 -0.75 3.92 154.32 Lamb FOB 0.85 5.73 225.38 -0.75 3.92 154.32 Mdsx FOB 0.72 0.90N/A N/A 5.60 220.27 -0.75 3.92 154.32 FOB SW Que N/A -0.50 4.17 164.17 Track 1.13 6.00 236.21N/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 0.70 1.10N/A N/A 5.58 219.48 -0.55 4.12 162.20 Sarn-Eth 1.00 1.25 1.00N/A 5.88 231.29 -0.50 4.17 164.17 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A 1.00 0.70N/A -0.45 4.22 166.13 Pt.Colb-Ing N/A 1.05 0.75N/A -0.40 4.27 168.10 Cardnl-Ing N/A N/A 0.75N/A -0.40 4.27 168.10 W O Feed 1.20 1.16 6.08 239.16 US Rep 1.80 1.76 6.68 262.78 Toledo El. 1.32 6.19 243.69 -0.31 4.36 171.62 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.80 3.87152 1/3 Hamilton N/A -0.55 4.12162 1/5 MID SD CRN -0.70 3.97 HI SD CRN -0.65 4.021 *Wet Bid Bank of Canada Noon exchange rate was 1.0338 up 0.0051 Chicago soybeans closed slightly to moderately lower. NOV13 HI 12.10 3/4 NOV13 HI 12.10 3/4 LOW 11.89 LOW 11.89 CLOSE11.92 1/2 Down 13 3/4 CLOSE 11.92 1/2 Down 13 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV13 CK Low 1.55 13.48 495.12-0.38 11.55 424.21 CK High 1.70 13.63 500.63-0.28 11.65 427.88 CK Average 1.67 1.24 13.59 499.41-0.34-0.7711.58 425.55 Essex Cty 1.99 13.92 511.29-0.15 11.78 432.66 Mdsx Low 1.68 13.61 499.90-0.38 11.55 424.21 Mdsx High 1.70 13.63 500.63-0.30 11.63 427.15 Mdsx Average 1.69 1.27 13.62 500.27-0.34-0.7611.59 425.68 Hensall 1.68 13.60 499.71-0.33 11.60 426.23 Bruce 1.15 13.08 480.42-0.30 11.63 427.15 Putnam N/A -0.15 11.78 432.66 Burford 1.74 13.67 502.10-0.32 11.61 426.41 Port Perry 1.68 13.61 499.90-0.38 11.55 424.21 Norfolk 1.59 13.52 496.59-0.28 11.65 427.88 Palmerston N/A -0.40 11.53 423.47 Varna 1.65 13.58 498.80-0.30 11.63 427.15 Trenton 1.30 13.23 485.94-0.45 11.48 421.63 Winchester 1.81 13.74 504.67-0.20 11.73 430.82 North Gower 1.05 12.98 476.75-0.24 11.69 429.35 Huron FOB 1.75 13.68 502.47-0.20 11.73 430.82 Kent FOB 1.69 13.62 500.27-0.28 11.65 427.88 Lambton FOB 1.69 13.62 500.27-0.28 11.65 427.88 Middlesex FOB1.67 N/A N/A N/A 13.60 499.53-0.23 11.70 429.72 PROCESSORS Hamilton 1.75 1.75 N/A N/A 13.68 502.470.10 12.03 441.84 Windsor 2.22 N/A N/A N/A 14.15 519.740.07 12.00 440.74 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.17 12.10 444.42 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.69 12.62 463.52 Toledo El. 1.52 13.45 494.10-0.39 11.53 423.71 Bank of Canada Noon exchange rate was 1.0338 up 0.0051 Chicago wheat closed slightly lower. SEP13 HI 6.67 1/2 JUL14 HI 6.90 LOW 6.48 1/4 LOW 6.73 1/4 CLOSE 6.58 Down 6 1/4 CLOSE 6.82 3/4 Down 6 1/4 Minni wheat closed narrowly mixed. SEP13 HI 7.43 JUL14 HI 7.79 1/4 LOW 7.37 LOW 7.70 CLOSE 7.41 3/4 Up 1/2 CLOSE 7.77 1/2 Down 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.34 -0.44 -0.80 -0.62 CAD $/bu 6.24 6.14 5.78 6.80 CAD $/tonne 229.43 225.63 212.31 249.89 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 -0.92 -1.15 N/A N/A N/A -1.30 N/A London -0.82 -0.92 -0.98 N/A -0.51 -0.92 -1.18 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 -0.85 N/A N/A N/A -1.10 N/A Norwich -1.00 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 -0.85 N/A -0.85 N/A -0.70 N/A -1.20 N/A Chatham N/A -0.92 -0.80 N/A N/A N/A -1.21 N/A Brigden N/A -0.92 -0.80 N/A N/A N/A -1.21 N/A Palmerston N/A -0.68 -1.05 N/A N/A -0.86 -1.18 N/A Varna N/A N/A -1.15 N/A -0.75 -1.00 -1.20 N/A Mitchell -1.10 -0.95 -1.15 N/A -0.70 -1.00 -1.30 N/A Thornton N/A N/A N/A -0.89 N/A N/A N/A N/A North Gower N/A N/A N/A -0.77 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 -0.70 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 0.60N/A 0.39N/A N/A N/A 0.45N/A Toledo El. 6.50US 6.73CA 6.60US 6.83CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.48 -0.59 -0.90 CAD $/bu 6.35 6.24 5.93 CAD $/tonne 233.14 229.34 217.92 (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 542.02 - 543.12 DDG's FOB Srn & Aylm 270.00 - 280.00