FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 10 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0623 down 0.0018 Chicago corn closed slightly lower. MAR14 HI 4.40 3/4 DEC14 HI 4.69 LOW 4.30 3/4 LOW 4.59 1/4 CLOSE4.36 Down 2 CLOSE 4.65 Down 2 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR14+MAR14+MAY14 CK Low -0.35 4.01 157.87 -0.45 4.20 165.35 CK High -0.30 4.06 159.84 -0.35 4.30 169.28 CK Avg -0.31 -0.59 4.05 159.51 -0.37 -0.66 4.28 168.63 Essex Cty -0.30 4.06 159.84 -0.40 4.25 167.32 Mdsx Low -0.35 4.01 157.87 -0.35 4.30 169.28 Mdsx High -0.30 4.06 159.84 -0.35 4.30 169.28 Mdsx Avg -0.33 -0.60 4.04 158.85 -0.35 -0.65 4.30 169.28 Hensall -0.30 4.06 159.84 -0.38 4.28 168.30 Bruce -0.30 4.06 159.84 -0.35 4.30 169.28 Putnam N/A -0.35 4.30 169.28 Burford -0.35 4.01 157.87 -0.35 4.30 169.28 Port Perry -0.35 4.01 157.87 -0.35 4.30 169.28 Norfolk -0.30 4.06 159.84 -0.35 4.30 169.28 Palmerston -0.30 4.06 159.84 -0.40 4.25 167.32 Varna -0.30 4.06 159.84 -0.40 4.25 167.32 Trenton -0.25 4.11 161.80 -0.20 4.45 175.19 Winchester -0.15 4.21 165.74 -0.35 4.30 169.28 North Gower -0.30 4.06 159.84 -0.60 4.05 159.44 Huron FOB -0.25 4.11 161.80 -0.35 4.30 169.28 Kent FOB -0.30 4.06 159.84 -0.35 4.30 169.28 Lamb FOB -0.30 4.06 159.84 -0.35 4.30 169.28 Mdsx FOB -0.30 -0.30 -0.30 -0.35 4.06 159.84 -0.35 4.30 169.28 FOB SW Que 0.05 4.41 173.61N/A Track 0.13 4.49 176.57N/A PROCESSORS Chat-Eth -0.20 -0.15 -0.10 -0.15 4.16 163.77N/A Jhnstwn-Eth 0.10 0.05 0.00 -0.05 4.46 175.58 0.05 4.70 185.03 Aylmer-Eth N/A N/A N/A -0.15 N/A Sarn-Eth N/A -0.10 -0.10 -0.10 N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A N/A -0.50 4.15 163.38 Pt.Colb-Ing N/A 0.05 0.00 -0.05 0.10 4.75 187.00 Cardnl-Ing 0.05 0.05 0.00 -0.05 4.41 173.61 0.05 4.70 185.03 W O Feed 0.16 0.09 4.52 177.94 US Rep 0.45 0.38 4.81 189.36 Toledo El. -0.21 4.15 163.27 -0.38 4.27 167.99 TRANSFER Sarnia N/A N/A Pt. Stanley -0.30 4.06 159.84N/A Hamilton 0.00 4.36171 2/3N/A MID SD CRN -0.32 1/2 4.03 1/2 HI SD CRN -0.30 4.06 *Wet Bid Bank of Canada Noon exchange rate was 1.0623 down 0.0018 Chicago soybeans closed slightly lower. JAN14 HI 13.53 1/2 NOV14 HI 11.73 3/4 LOW 13.30 1/2 LOW 11.64 CLOSE13.38 1/4 Down 5 1/2 CLOSE 11.67 1/4 Down 5 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR14 CK Low 0.35 13.73 504.58-0.10 11.57 425.22 CK High 0.40 13.78 506.42-0.02 11.65 428.16 CK Average 0.38 -0.4713.76 505.75-0.07-0.8111.60 426.32 Essex Cty 0.45 13.83 508.260.10 11.77 432.57 Mdsx Low 0.37 13.75 505.32-0.10 11.57 425.22 Mdsx High 0.40 13.78 506.42-0.05 11.62 427.05 Mdsx Average 0.39 -0.4713.77 505.87-0.08-0.8211.60 426.14 Hensall 0.40 13.78 506.420.00 11.67 428.89 Bruce 0.40 13.78 506.42-0.05 11.62 427.05 Putnam N/A -0.05 11.62 427.05 Burford 0.40 13.78 506.42-0.07 11.60 426.32 Port Perry 0.37 13.75 505.32-0.10 11.57 425.22 Norfolk 0.45 13.83 508.26-0.05 11.62 427.05 Palmerston 0.40 13.78 506.42-0.15 11.52 423.38 Varna 0.40 13.78 506.42-0.05 11.62 427.05 Trenton 0.25 13.63 500.91-0.10 11.57 425.22 Winchester 0.80 14.18 521.120.22 11.89 436.97 North Gower 0.37 13.75 505.32-0.08 11.59 425.95 Huron FOB 0.40 13.78 506.420.00 11.67 428.89 Kent FOB 0.35 13.73 504.58-0.10 11.57 425.22 Lambton FOB 0.35 13.73 504.58-0.10 11.57 425.22 Middlesex FOB0.52 0.68 0.68 0.68 13.90 510.830.04 11.71 430.36 PROCESSORS Hamilton 0.85 0.85 1.05 1.10 14.23 522.950.40 12.07 443.59 Windsor 0.68 0.69 0.81 0.81 14.06 516.710.33 12.00 441.02 Winchester N/A N/A TRANSFER Hamilton 0.90 N/A N/A N/A 14.28 524.79 N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.02 14.40 529.20 N/A Toledo El. 0.05 13.44 493.68-0.40 11.27 414.04 Bank of Canada Noon exchange rate was 1.0623 down 0.0018 Chicago wheat closed moderately lower. MAR14 HI 6.52 1/2 JUL14 HI 6.53 3/4 LOW 6.35 LOW 6.40 3/4 CLOSE 6.38 3/4 Down 11 3/4 CLOSE 6.42 1/4 Down 10 3/4 Minni wheat closed slightly lower. MAR14 HI 6.77 SEP14 HI 7.02 1/4 LOW 6.66 1/4 LOW 6.95 1/4 CLOSE 6.68 Down 8 3/4 CLOSE 6.97 Down 6 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.23 -0.02 -0.34 -0.58 CAD $/bu 6.16 6.37 6.05 6.10 CAD $/tonne 226.20 234.02 222.30 223.96 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 -0.44 0.20 -0.38 N/A -0.22 -0.17 -0.54 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 -0.55 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A -0.45 N/A N/A N/A -0.50 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 0.26 -0.43 -0.29 N/A -0.09 -0.62 -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 -0.30 N/A N/A N/A N/A North Gower N/A N/A N/A -0.57 N/A N/A N/A -0.91 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.10 N/A N/A N/A -0.30 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 1.05N/A 0.30N/A 1.05N/A 0.52N/A Toledo El. 6.22US 6.61CA 6.29US 6.69CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.23 -0.02 -0.44 -0.57 CAD $/bu 6.19 6.41 5.98 6.40 CAD $/tonne 227.57 235.39 219.75 235.29 (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 591.18 - 598.90 DDG's FOB Srn & Aylm 270.00