FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, August 16 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0345 up 0.0005 Chicago corn closed moderately lower. SEP13 HI 4.83 3/4 DEC13 HI 4.75 3/4 LOW 4.68 1/2 LOW 4.61 CLOSE4.73 3/4 Down 7 3/4 CLOSE 4.63 1/2 Down 8 3/4 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 5.49 216.03 -0.75 3.89 152.95 CK High 0.90 5.64 221.94 -0.70 3.94 154.91 CK Avg 0.81 0.65 5.55 218.33 -0.71 -0.87 3.93 154.59 Essex Cty 0.90 5.64 221.94 -0.75 3.89 152.95 Mdsx Low 0.80 5.54 218.00 -0.70 3.94 154.91 Mdsx High 0.80 5.54 218.00 -0.70 3.94 154.91 Mdsx Avg 0.80 0.64 5.54 218.00 -0.70 -0.86 3.94 154.91 Hensall 0.80 5.54 218.00 -0.68 3.96 155.90 Bruce 0.80 5.54 218.00 -0.70 3.94 154.91 Putnam N/A -0.70 3.94 154.91 Burford 0.80 5.54 218.00 -0.70 3.94 154.91 Port Perry 0.65 5.39 212.10 -0.70 3.94 154.91 Norfolk 0.85 5.59 219.97 -0.70 3.94 154.91 Palmerston 0.75 5.49 216.03 -0.75 3.89 152.95 Varna 0.80 5.54 218.00 -0.65 3.99 156.88 Trenton 0.70 5.44 214.06 -0.70 3.94 154.91 Winchester 0.55 5.29 208.16 -0.45 4.19 164.76 North Gower 0.65 5.39 212.10 -0.65 3.99 156.88 Huron FOB 0.90 5.64 221.94 -0.65 3.99 156.88 Kent FOB 0.90 5.64 221.94 -0.70 3.94 154.91 Lamb FOB 0.90 5.64 221.94 -0.70 3.94 154.91 Mdsx FOB 0.80 1.00N/A N/A 5.54 218.00 -0.70 3.94 154.91 FOB SW Que N/A -0.65 3.99 156.88 Track 1.05 5.79 227.84N/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 0.90 -0.55 -0.55 5.34 210.13 -0.55 4.09 160.82 Sarn-Eth 0.80 1.00 1.00 -0.50 5.54 218.00 -0.50 4.14 162.79 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A 1.25 1.00 -0.50 -0.45 4.19 164.76 Pt.Colb-Ing N/A 1.30 1.05 -0.45 -0.40 4.24 166.72 Cardnl-Ing N/A N/A 0.75 -0.25 -0.40 4.24 166.72 W O Feed 1.23 1.19 5.97 234.93 US Rep 1.70 1.66 6.44 253.43 Toledo El. 1.21 5.95 234.15 -0.31 4.32 170.26 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.75 3.89153 Hamilton N/A -0.56 4.08160 3/7 MID SD CRN -0.72 1/2 3.911 HI SD CRN -0.70 3.93 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0345 up 0.0005 Chicago soybeans closed slightly to moderately lower. NOV13 HI 12.72 NOV13 HI 12.72 LOW 12.57 3/4 LOW 12.57 3/4 CLOSE12.59 1/4 Down 6 1/4 CLOSE 12.59 1/4 Down 6 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV13 CK Low 1.90 14.49 532.51-0.30 12.29 451.67 CK High 2.00 14.59 536.18-0.25 12.34 453.51 CK Average 1.96 1.53 14.55 534.77-0.29-0.7212.30 452.10 Essex Cty 2.13 14.72 540.96-0.12 12.47 458.29 Mdsx Low 1.98 14.57 535.45-0.32 12.27 450.94 Mdsx High 2.00 14.59 536.18-0.25 12.34 453.51 Mdsx Average 1.99 1.56 14.58 535.82-0.29-0.7212.31 452.22 Hensall 1.95 14.54 534.35-0.25 12.34 453.51 Bruce 1.15 13.74 504.95-0.35 12.24 449.83 Putnam N/A -0.15 12.44 457.18 Burford 2.04 14.63 537.65-0.23 12.36 454.24 Port Perry 1.98 14.57 535.45-0.29 12.30 452.04 Norfolk 1.95 14.54 534.35-0.25 12.34 453.51 Palmerston N/A -0.25 12.34 453.51 Varna 1.90 14.49 532.51-0.25 12.34 453.51 Trenton N/A -0.25 12.34 453.51 Winchester 1.84 14.43 530.30-0.06 12.53 460.49 North Gower 1.72 14.31 525.89-0.17 12.42 456.45 Huron FOB 2.00 14.59 536.18-0.15 12.44 457.18 Kent FOB 1.95 14.54 534.35-0.25 12.34 453.51 Lambton FOB 1.95 14.54 534.35-0.25 12.34 453.51 Middlesex FOB2.03 N/A N/A N/A 14.62 537.28-0.18 12.41 456.08 PROCESSORS Hamilton 2.60 2.50 0.15 0.20 15.19 558.230.15 12.74 468.21 Windsor 2.26 2.16 N/A N/A 14.85 545.740.11 12.70 466.74 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.23 12.82 471.15 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.75 13.34 490.25 Toledo El. 1.31 13.91 510.96-0.39 12.20 448.25 Bank of Canada Noon exchange rate was 1.0345 up 0.0005 Chicago wheat closed slightly lower. SEP13 HI 6.41 1/4 JUL14 HI 6.67 3/4 LOW 6.26 3/4 LOW 6.56 3/4 CLOSE 6.31 Down 6 1/2 CLOSE 6.60 1/2 Down 6 3/4 Minni wheat closed slightly lower. SEP13 HI 7.40 SEP14 HI 7.60 1/4 LOW 7.34 1/2 LOW 7.60 CLOSE 7.37 1/4 Down 2 1/4 CLOSE 7.60 Down 3 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.35 -0.46 -0.71 -0.63 CAD $/bu 5.96 5.85 5.60 6.75 CAD $/tonne 218.91 215.11 205.61 247.89 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 -1.10 N/A N/A N/A -1.30 N/A London -0.81 -0.81 -1.02 N/A -0.50 -0.91 -1.22 N/A Hensall -1.10 N/A -1.15 N/A -0.70 N/A -1.30 N/A Trenton N/A N/A -1.35 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 -0.86 N/A N/A N/A -1.17 N/A Norwich -1.10 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 -0.90 N/A -0.70 N/A -1.20 N/A Chatham N/A -0.82 -0.77 N/A N/A N/A -1.16 N/A Brigden N/A -0.82 -0.77 N/A N/A N/A -1.16 N/A Palmerston N/A -0.68 -1.05 -0.73 N/A -0.86 -1.12 N/A Varna -1.00 -0.95 -1.05 N/A -0.75 -1.00 -1.20 N/A Mitchell -1.10 -1.15 -1.15 N/A -0.70 -1.00 -1.30 N/A Thornton N/A N/A N/A -1.02 N/A N/A N/A N/A North Gower N/A N/A N/A -1.09 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 -0.55 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 N/A N/A 0.11N/A 0.90N/A 0.43N/A Toledo El. 6.23US 6.44CA 6.50US 6.72CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.50 -0.60 -0.91 -0.72 CAD $/bu 6.11 6.00 5.69 6.88 CAD $/tonne 224.42 220.62 209.22 252.74 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 300.00 - 340.00 Bayport Oats 350.00 Bayport Barley 280.00 FOB Hm Soymeal 538.82 - 548.74 DDG's FOB Srn & Aylm 265.00