FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, September 11 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0337 down 0.0020 Chicago corn closed slightly higher. DEC13 HI 4.73 1/2 DEC13 HI 4.73 1/2 LOW 4.66 1/4 LOW 4.66 1/4 CLOSE4.72 1/2 Up 3 1/2 CLOSE 4.72 1/2 Up 3 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC13+DEC13+MAR14 CK Low 0.90 5.63 221.45 -0.70 4.03 158.46 CK High 1.05 5.78 227.35 -0.65 4.08 160.43 CK Avg 0.98 0.82 5.70 224.40 -0.67 -0.82 4.06 159.77 Essex Cty 0.85 5.58 219.48 -0.65 4.08 160.43 Mdsx Low 0.90 5.63 221.45 -0.65 4.08 160.43 Mdsx High 1.00 5.73 225.38 -0.65 4.08 160.43 Mdsx Avg 0.95 0.80 5.68 223.41 -0.65 -0.80 4.08 160.43 Hensall 1.00 5.73 225.38 -0.65 4.08 160.43 Bruce 1.00 5.73 225.38 -0.65 4.08 160.43 Putnam N/A -0.70 4.03 158.46 Burford 0.90 5.63 221.45 -0.65 4.08 160.43 Port Perry 0.70 5.43 213.57 -0.65 4.08 160.43 Norfolk 0.90 5.63 221.45 -0.70 4.03 158.46 Palmerston N/A -0.65 4.08 160.43 Varna 1.05 5.78 227.35 -0.65 4.08 160.43 Trenton 0.80 5.53 217.51 -0.70 4.03 158.46 Winchester 0.55 5.28 207.67 -0.45 4.28 168.30 North Gower 0.35 5.08 199.79 -0.45 4.28 168.30 Huron FOB 1.10 5.83 229.32 -0.65 4.08 160.43 Kent FOB 0.95 5.68 223.41 -0.70 4.03 158.46 Lamb FOB 0.95 5.68 223.41 -0.70 4.03 158.46 Mdsx FOB 0.90N/A N/A N/A 5.63 221.45 -0.65 4.08 160.43 FOB SW Que N/A -0.51 4.22 165.94 Track 1.53 6.25 246.05N/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 1.15 -0.55 -0.55 -0.55 5.88 231.29 -0.55 4.18 164.36 Sarn-Eth N/A 1.00 -0.45 -0.35 -0.45 4.28 168.30 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing 1.20 1.20 -0.40 -0.40 5.93 233.26 -0.40 4.33 170.27 Pt.Colb-Ing 1.50 1.25 -0.35 -0.35 6.23 245.07 -0.35 4.38 172.24 Cardnl-Ing N/A -0.25 -0.35 -0.35 -0.35 4.38 172.24 W O Feed 1.54 1.51 6.27 246.64 US Rep 2.05 2.02 6.78 266.72 Toledo El. 0.12 4.85 190.89 -0.31 4.42 173.83 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.65 4.08160 3/7 Hamilton N/A -0.57 4.16163 4/7 MID SD CRN -0.67 1/2 4.05 HI SD CRN -0.65 4.07 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0337 down 0.0020 Chicago soybeans closed slightly higher. NOV13 HI 13.61 1/2 NOV13 HI 13.61 1/2 LOW 13.48 3/4 LOW 13.48 3/4 CLOSE13.58 1/4 Up 3 1/4 CLOSE 13.58 1/4 Up 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN14 CK Low 1.95 15.53 570.72-0.30 13.28 488.05 CK High 2.00 15.58 572.56-0.20 13.38 491.72 CK Average 1.98 1.55 15.57 571.95-0.26-0.7013.32 489.46 Essex Cty N/A -0.13 13.45 494.29 Mdsx Low 2.00 15.58 572.56-0.30 13.28 488.05 Mdsx High 2.00 15.58 572.56-0.25 13.33 489.89 Mdsx Average 2.00 1.57 15.58 572.56-0.28-0.7113.31 488.97 Hensall 2.00 15.58 572.56-0.25 13.33 489.89 Bruce N/A -0.25 13.33 489.89 Putnam N/A -0.15 13.43 493.56 Burford N/A -0.27 13.31 489.15 Port Perry N/A -0.30 13.28 488.05 Norfolk N/A -0.25 13.33 489.89 Palmerston N/A -0.25 13.33 489.89 Varna 2.00 15.58 572.56-0.25 13.33 489.89 Trenton N/A -0.25 13.33 489.89 Winchester N/A -0.03 13.55 497.97 North Gower N/A 0.34 13.92 511.56 Huron FOB N/A -0.20 13.38 491.72 Kent FOB N/A -0.25 13.33 489.89 Lambton FOB N/A -0.20 13.38 491.72 Middlesex FOB N/A N/A N/A N/A -0.07 13.51 496.50 PROCESSORS Hamilton N/A 0.26 0.27 0.34 0.26 13.84 508.62 Windsor N/A N/A N/A N/A 0.09 13.67 502.38 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.13 13.71 503.85 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A 0.65 14.23 522.95 Toledo El. 0.90 14.48 532.06-0.39 13.19 484.66 Bank of Canada Noon exchange rate was 1.0337 down 0.0020 Chicago wheat closed slightly higher. DEC13 HI 6.52 1/2 JUL14 HI 6.64 1/2 LOW 6.42 LOW 6.55 1/2 CLOSE 6.48 Up 1 1/2 CLOSE 6.61 1/2 Up 1 1/2 Minni wheat closed slightly higher. DEC13 HI 7.12 SEP14 HI 7.41 3/4 LOW 7.05 3/4 LOW 7.39 CLOSE 7.10 Up 4 1/4 CLOSE 7.40 1/4 Up 2 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.41 -0.36 -0.72 -0.70 CAD $/bu 6.07 6.12 5.76 6.40 CAD $/tonne 222.96 224.86 211.59 235.10 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 N/A 1.05 N/A N/A N/A -1.20 N/A London -0.91 -0.76 -1.01 N/A -0.50 -0.91 -1.22 N/A Hensall -1.15 N/A -1.15 N/A -0.70 N/A -1.25 N/A Trenton N/A N/A -1.20 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 -1.07 N/A N/A N/A -1.29 N/A Norwich -0.95 N/A -0.95 N/A -0.70 N/A -1.25 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.75 N/A -0.85 N/A -0.70 N/A -1.20 N/A Chatham N/A -0.92 -0.85 N/A N/A N/A -1.20 N/A Brigden N/A -0.92 -0.85 N/A N/A N/A -1.20 N/A Palmerston N/A -0.66 -1.07 -0.69 N/A -0.70 -1.12 -0.73 Varna -1.10 -0.95 -1.10 N/A -0.80 -0.95 -1.25 N/A Mitchell -1.15 -0.85 -1.15 N/A -0.70 -0.55 -1.25 N/A Thornton N/A N/A N/A -0.57 N/A N/A N/A N/A North Gower N/A N/A N/A -0.69 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 -0.56 N/A N/A N/A -0.77 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 0.05N/A 0.88N/A 0.42N/A Toledo El. 6.27US 6.47CA 6.39US 6.59CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.51 -0.61 -0.92 -0.74 CAD $/bu 6.10 6.00 5.69 6.66 CAD $/tonne 224.29 220.50 209.12 244.67 (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 300.00 Bayport Barley 270.00 FOB Hm Soymeal 632.96 - 636.26 DDG's FOB Srn & Aylm 275.00 - 280.00