FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 2 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0382 up 0.0044 Chicago corn closed slightly to moderately lower. SEP13 HI 4.89 1/4 DEC13 HI 4.69 3/4 LOW 4.75 1/4 LOW 4.62 1/2 CLOSE4.76 Down 11 1/2 CLOSE 4.63 3/4 Down 3 1/4 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 5.51 216.92 -0.75 3.89 153.04 CK High 0.85 5.61 220.86 -0.65 3.99 156.98 CK Avg 0.78 0.59 5.54 218.23 -0.73 -0.91 3.91 154.03 Essex Cty 0.80 5.56 218.89 -0.75 3.89 153.04 Mdsx Low 0.75 5.51 216.92 -0.75 3.89 153.04 Mdsx High 0.75 5.51 216.92 -0.75 3.89 153.04 Mdsx Avg 0.75 0.56 5.51 216.92 -0.75 -0.94 3.89 153.04 Hensall 0.75 5.51 216.92 -0.73 3.91 154.03 Bruce 0.75 5.51 216.92 -0.75 3.89 153.04 Putnam N/A -0.70 3.94 155.01 Burford 0.75 5.51 216.92 -0.75 3.89 153.04 Port Perry 0.60 5.36 211.01 -0.75 3.89 153.04 Norfolk 0.80 5.56 218.89 -0.75 3.89 153.04 Palmerston N/A -0.75 3.89 153.04 Varna 0.75 5.51 216.92 -0.70 3.94 155.01 Trenton 0.80 5.56 218.89 -0.70 3.94 155.01 Winchester 0.80 5.56 218.89 -0.45 4.19 164.85 North Gower -0.50 4.26 167.71 -0.65 3.99 156.98 Huron FOB 0.85 5.61 220.86 -0.70 3.94 155.01 Kent FOB 0.85 5.61 220.86 -0.75 3.89 153.04 Lamb FOB 0.85 5.61 220.86 -0.75 3.89 153.04 Mdsx FOB 0.72 0.90N/A N/A 5.48 215.74 -0.75 3.89 153.04 FOB SW Que N/A -0.48 4.16 163.67 Track 1.08 5.84 229.71N/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 5.46 214.95 -0.55 4.09 160.92 Sarn-Eth 1.00 1.25 1.00N/A 5.76 226.76 -0.50 4.14 162.89 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A 1.00 0.70N/A -0.45 4.19 164.85 Pt.Colb-Ing N/A 1.05 0.75N/A -0.40 4.24 166.82 Cardnl-Ing N/A N/A 0.75N/A -0.40 4.24 166.82 W O Feed 1.20 1.16 5.96 234.63 US Rep 1.80 1.76 6.56 258.26 Toledo El. 1.32 6.08 239.39 -0.31 4.33 170.29 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.80 3.84151 Hamilton N/A -0.54 4.10161 1/3 MID SD CRN -0.70 3.93 3/4 HI SD CRN -0.65 3.98 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0382 up 0.0044 Chicago soybeans closed slightly to moderately lower. NOV13 HI 12.08 NOV13 HI 12.08 LOW 11.76 1/4 LOW 11.76 1/4 CLOSE11.81 1/2 Down 11 CLOSE 11.81 1/2 Down 11 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV13 CK Low 1.69 13.51 496.22-0.30 11.52 423.10 CK High 1.80 13.62 500.27-0.25 11.57 424.94 CK Average 1.75 1.28 13.57 498.43-0.27-0.7411.54 424.14 Essex Cty 2.07 13.89 510.19-0.09 11.73 430.82 Mdsx Low 1.78 13.60 499.53-0.30 11.52 423.10 Mdsx High 1.80 13.62 500.27-0.20 11.62 426.78 Mdsx Average 1.79 1.32 13.61 499.90-0.25-0.7211.57 424.94 Hensall 1.73 13.54 497.51-0.25 11.57 424.94 Bruce 1.15 12.97 476.38-0.20 11.62 426.78 Putnam N/A -0.15 11.67 428.62 Burford 1.84 13.66 501.74-0.24 11.58 425.31 Port Perry 1.78 13.60 499.53-0.30 11.52 423.10 Norfolk 1.59 13.41 492.55-0.28 11.54 423.84 Palmerston N/A -0.40 11.42 419.43 Varna 1.65 13.47 494.75-0.30 11.52 423.10 Trenton 1.40 13.22 485.57-0.45 11.37 417.59 Winchester 1.91 13.73 504.31-0.20 11.62 426.78 North Gower 1.15 12.97 476.38-0.19 11.63 427.15 Huron FOB 1.60 13.42 492.92-0.20 11.62 426.78 Kent FOB 1.69 13.51 496.22-0.28 11.54 423.84 Lambton FOB 1.69 13.51 496.22-0.28 11.54 423.84 Middlesex FOB1.77 N/A N/A N/A 13.59 499.16-0.15 11.67 428.62 PROCESSORS Hamilton 1.80 1.80 0.15 0.20 13.62 500.270.15 11.97 439.64 Windsor 2.30 N/A N/A N/A 14.12 518.640.14 11.96 439.27 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.22 12.04 442.21 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.73 12.55 460.95 Toledo El. 1.53 13.34 490.30-0.40 11.42 419.61 Bank of Canada Noon exchange rate was 1.0382 up 0.0044 Chicago wheat closed narrowly mixed. SEP13 HI 6.67 1/2 JUL14 HI 6.88 1/4 LOW 6.56 1/4 LOW 6.80 3/4 CLOSE 6.60 1/2 Up 2 1/2 CLOSE 6.82 Down 3/4 Minni wheat closed slightly lower. SEP13 HI 7.48 JUL14 HI 7.81 LOW 7.40 1/2 LOW 7.74 1/2 CLOSE 7.41 1/4 Down 1/2 CLOSE 7.75 1/2 Down 2 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.31 -0.41 -0.78 -0.59 CAD $/bu 6.30 6.19 5.83 6.83 CAD $/tonne 231.39 227.57 214.20 250.79 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 -0.78 -0.88 -0.99 N/A -0.47 -0.87 -1.13 N/A Hensall -1.05 N/A -1.10 N/A -0.70 N/A -1.30 N/A Trenton N/A N/A -1.35 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 -0.81 N/A N/A N/A -1.12 N/A Norwich -0.95 N/A -1.10 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 -0.80 N/A -0.80 N/A -0.70 N/A -1.20 N/A Chatham N/A -0.92 -0.75 N/A N/A N/A -1.21 N/A Brigden N/A -0.92 -0.75 N/A N/A N/A -1.21 N/A Palmerston N/A -0.63 -1.00 -0.69 N/A -0.82 -1.13 N/A Varna N/A N/A -1.15 N/A -0.75 -1.00 -1.20 N/A Mitchell -1.05 -0.95 -1.10 N/A -0.70 -1.00 -1.30 N/A Thornton N/A N/A N/A -0.76 N/A N/A N/A N/A North Gower N/A N/A N/A -0.74 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 -0.67 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 0.42N/A N/A N/A 0.48N/A Toledo El. 6.53US 6.79CA 6.71US 6.98CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.45 -0.56 -0.87 CAD $/bu 6.37 6.26 5.95 CAD $/tonne 233.88 230.05 218.59 (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 529.34 - 532.65 DDG's FOB Srn & Aylm 270.00 - 280.00