FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 9 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0641 down 0.0022 Chicago corn closed slightly higher. MAR14 HI 4.38 1/2 DEC14 HI 4.67 1/2 LOW 4.32 1/2 LOW 4.61 1/2 CLOSE4.38 Up 3 3/4 CLOSE 4.67 1/4 Up 3 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR14+MAR14+MAY14 CK Low -0.30 4.08 160.62 -0.45 4.22 166.23 CK High -0.30 4.08 160.62 -0.35 4.32 170.17 CK Avg -0.30 -0.59 4.08 160.62 -0.37 -0.68 4.31 169.51 Essex Cty -0.25 4.13 162.59 -0.40 4.27 168.20 Mdsx Low -0.30 4.08 160.62 -0.35 4.32 170.17 Mdsx High -0.30 4.08 160.62 -0.35 4.32 170.17 Mdsx Avg -0.30 -0.59 4.08 160.62 -0.35 -0.66 4.32 170.17 Hensall -0.30 4.08 160.62 -0.38 4.30 169.19 Bruce -0.30 4.08 160.62 -0.35 4.32 170.17 Putnam N/A -0.40 4.27 168.20 Burford -0.30 4.08 160.62 -0.35 4.32 170.17 Port Perry -0.35 4.03 158.65 -0.35 4.32 170.17 Norfolk -0.30 4.08 160.62 -0.35 4.32 170.17 Palmerston -0.25 4.13 162.59 -0.40 4.27 168.20 Varna -0.30 4.08 160.62 -0.40 4.27 168.20 Trenton -0.25 4.13 162.59 -0.40 4.27 168.20 Winchester -0.15 4.23 166.53 -0.35 4.32 170.17 North Gower -0.30 4.08 160.62 -0.60 4.07 160.33 Huron FOB -0.25 4.13 162.59 -0.35 4.32 170.17 Kent FOB -0.30 4.08 160.62 -0.35 4.32 170.17 Lamb FOB -0.30 4.08 160.62 -0.35 4.32 170.17 Mdsx FOB -0.30 -0.30 -0.30 -0.30 4.08 160.62 -0.35 4.32 170.17 FOB SW Que N/A N/A Track 0.13 4.51 177.35N/A PROCESSORS Chat-Eth -0.20 -0.15 -0.10 -0.15 4.18 164.56N/A Jhnstwn-Eth 0.10 0.05 0.00 -0.05 4.48 176.37 0.05 4.72 185.92 Aylmer-Eth -0.20 -0.15 -0.10 -0.15 4.18 164.56 N/A Sarn-Eth N/A N/A N/A -0.10 -0.35 4.32 170.17 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A N/A -0.50 4.17 164.26 Pt.Colb-Ing N/A 0.05 0.00 -0.05 0.10 4.77 187.89 Cardnl-Ing 0.05 0.05 0.00 -0.05 4.43 174.40 0.05 4.72 185.92 W O Feed 0.16 0.09 4.54 178.73 US Rep 0.45 0.38 4.83 190.15 Toledo El. -0.21 4.17 164.04 -0.38 4.29 168.83 TRANSFER Sarnia N/A N/A Pt. Stanley -0.25 4.13 162.59N/A Hamilton 0.07 4.45175 1/5N/A MID SD CRN -0.30 4.08 HI SD CRN -0.30 4.08 *Wet Bid Bank of Canada Noon exchange rate was 1.0641 down 0.0022 Chicago soybeans closed slightly to moderately higher. JAN14 HI 13.46 3/4 NOV14 HI 11.73 LOW 13.24 1/2 LOW 11.62 1/2 CLOSE13.43 3/4 Up 18 1/4 CLOSE 11.72 1/4 Up 8 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR14 CK Low 0.35 13.79 506.60-0.10 11.62 427.05 CK High 0.43 13.87 509.540.01 11.73 431.10 CK Average 0.40 -0.5013.83 508.32-0.07-0.8411.66 428.34 Essex Cty 0.50 13.94 512.120.16 11.88 436.61 Mdsx Low 0.40 13.84 508.44-0.10 11.62 427.05 Mdsx High 0.42 13.86 509.18-0.05 11.67 428.89 Mdsx Average 0.41 -0.4813.85 508.81-0.08-0.8511.65 427.97 Hensall 0.40 13.84 508.440.00 11.72 430.73 Bruce 0.40 13.84 508.44-0.05 11.67 428.89 Putnam N/A -0.20 11.52 423.38 Burford 0.45 13.89 510.28-0.07 11.65 428.16 Port Perry 0.40 13.84 508.44-0.10 11.62 427.05 Norfolk 0.45 13.89 510.28-0.05 11.67 428.89 Palmerston 0.40 13.84 508.44-0.15 11.57 425.22 Varna 0.40 13.84 508.44-0.05 11.67 428.89 Trenton 0.25 13.69 502.93-0.10 11.62 427.05 Winchester 0.51 13.95 512.480.09 11.81 434.04 North Gower 0.32 13.76 505.500.02 11.74 431.46 Huron FOB 0.40 13.84 508.440.00 11.72 430.73 Kent FOB 0.40 13.84 508.44-0.10 11.62 427.05 Lambton FOB 0.40 13.84 508.44-0.10 11.62 427.05 Middlesex FOB0.63 0.72 0.72 0.78 14.07 516.890.08 11.80 433.67 PROCESSORS Hamilton 0.95 0.90 1.05 1.11 14.39 528.650.40 12.12 445.43 Windsor 0.80 0.80 0.91 0.91 14.24 523.140.39 12.11 445.06 Winchester N/A N/A TRANSFER Hamilton 0.76 N/A N/A N/A 14.20 521.67 N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.98 14.42 529.75 N/A Toledo El. 0.05 13.49 495.70-0.41 11.32 415.84 Bank of Canada Noon exchange rate was 1.0641 down 0.0022 Chicago wheat closed slightly lower. MAR14 HI 6.57 1/4 JUL14 HI 6.59 1/4 LOW 6.49 1/4 LOW 6.52 1/4 CLOSE 6.50 1/2 Down 1/2 CLOSE 6.53 Down 1 Minni wheat closed slightly lower. MAR14 HI 6.84 1/2 SEP14 HI 7.06 1/2 LOW 6.76 LOW 7.01 1/4 CLOSE 6.76 3/4 Down 4 1/4 CLOSE 7.03 1/4 Down 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 -0.21 0.01 -0.31 -0.56 CAD $/bu 6.30 6.51 6.19 6.20 CAD $/tonne 231.39 239.22 227.47 227.96 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 N/A N/A N/A -0.15 -0.50 N/A London -0.42 0.22 -0.36 N/A -0.20 -0.15 -0.52 N/A Hensall -0.10 N/A -0.40 N/A 0.00 N/A -0.50 N/A Trenton N/A N/A N/A N/A N/A N/A -0.60 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A -0.53 N/A N/A N/A -0.48 N/A Norwich -0.10 N/A -0.40 N/A 0.00 N/A -0.50 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.10 N/A -0.40 N/A 0.00 N/A -0.50 N/A Chatham N/A 0.10 -0.40 N/A N/A N/A -0.50 N/A Brigden N/A 0.10 -0.40 N/A N/A N/A -0.50 N/A Palmerston N/A 0.29 -0.41 0.27 N/A -0.06 -0.60 -0.44 Varna -0.10 0.30 -0.40 N/A -0.10 -0.10 -0.50 N/A Mitchell -0.10 0.30 -0.40 N/A 0.00 -0.05 -0.50 N/A Thornton N/A N/A N/A -0.28 N/A N/A N/A N/A North Gower N/A N/A N/A -0.55 N/A N/A N/A -0.89 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A 0.00 N/A N/A N/A -0.26 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 1.07N/A 0.33N/A 1.07N/A 0.54N/A Toledo El. 6.34US 6.76CA 6.40US 6.83CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.21 0.01 -0.42 -0.55 CAD $/bu 6.32 6.54 6.11 6.49 CAD $/tonne 232.37 240.20 224.53 238.34 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 - 310.00 Bayport Oats 310.00 Bayport Barley 270.00 FOB Hm Soymeal 591.62 - 599.34 DDG's FOB Srn & Aylm 260.00 - 270.00