FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, January 6 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0659 up 0.0045 Chicago corn closed slightly higher. MAR14 HI 4.28 DEC14 HI 4.56 LOW 4.23 1/2 LOW 4.52 CLOSE4.27 3/4 Up 4 1/4 CLOSE 4.55 1/4 Up 3 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR14+MAY14+MAY14 CK Low -0.30 3.98 156.59 -0.30 4.25 167.41 CK High -0.30 3.98 156.59 -0.30 4.25 167.41 CK Avg -0.30 -0.58 3.98 156.59 -0.30 -0.60 4.25 167.41 Essex Cty -0.20 4.08 160.52 -0.30 4.25 167.41 Mdsx Low -0.30 3.98 156.59 -0.30 4.25 167.41 Mdsx High -0.30 3.98 156.59 -0.30 4.25 167.41 Mdsx Avg -0.30 -0.58 3.98 156.59 -0.30 -0.60 4.25 167.41 Hensall -0.30 3.98 156.59 -0.30 4.25 167.41 Bruce -0.30 3.98 156.59 -0.30 4.25 167.41 Putnam N/A -0.30 4.25 167.41 Burford -0.30 3.98 156.59 -0.30 4.25 167.41 Port Perry -0.35 3.93 154.62 -0.35 4.20 165.45 Norfolk -0.30 3.98 156.59 -0.30 4.25 167.41 Palmerston -0.30 3.98 156.59 -0.35 4.20 165.45 Varna -0.30 3.98 156.59 -0.30 4.25 167.41 Trenton -0.35 3.93 154.62 -0.35 4.20 165.45 Winchester -0.20 4.08 160.52 -0.28 4.27 168.20 North Gower -0.27 4.01 157.77 -0.45 4.10 161.51 Huron FOB -0.18 4.10 161.31 -0.30 4.25 167.41 Kent FOB -0.30 3.98 156.59 -0.30 4.25 167.41 Lamb FOB -0.30 3.98 156.59 -0.30 4.25 167.41 Mdsx FOB -0.25 -0.25N/A N/A 4.03 158.56 -0.30 4.25 167.41 FOB SW Que 0.23 4.51 177.45 -0.10 4.45 175.29 Track 0.08 4.35 171.35N/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 N/A N/A N/A -0.25 N/A Sarn-Eth -0.10 -0.10 -0.10N/A 4.18 164.46N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A -0.05 -0.50 4.05 159.54 Pt.Colb-Ing N/A 0.00 -0.05 0.00 -0.45 4.10 161.51 Cardnl-Ing 0.05 0.15 -0.05 0.00 4.33 170.37 -0.45 4.10 161.51 W O Feed 0.17 0.10 4.45 175.09 US Rep 0.45 0.38 4.73 186.11 Toledo El. -0.18 4.10 161.26 -0.38 4.17 164.11 TRANSFER Sarnia N/A N/A Pt. Stanley -0.30 3.98 156.59N/A Hamilton -0.05 4.23166 3/7 -0.20 4.35171 1/3 MID SD CRN -0.30 3.97 3/4 HI SD CRN -0.30 3.97 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0659 up 0.0045 Chicago soybeans closed mixed. MAR14 HI 12.82 1/4 NOV14 HI 11.31 1/2 LOW 12.69 1/4 LOW 11.25 CLOSE12.76 3/4 Up 5 1/2 CLOSE 11.26 Down 3 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY14 CK Low 0.43 13.20 484.93-0.05 11.21 411.90 CK High 0.45 13.22 485.660.00 11.26 413.73 CK Average 0.45 -0.4013.21 485.54-0.03-0.7811.23 412.63 Essex Cty 0.68 13.45 494.110.18 11.44 420.35 Mdsx Low 0.45 13.22 485.66-0.01 11.25 413.37 Mdsx High 0.50 13.27 487.500.00 11.26 413.73 Mdsx Average 0.48 -0.3713.24 486.58-0.01-0.7511.26 413.55 Hensall 0.45 13.22 485.660.00 11.26 413.73 Bruce 0.45 13.22 485.660.00 11.26 413.73 Putnam N/A 0.05 11.31 415.57 Burford 0.48 13.25 486.760.02 11.28 414.47 Port Perry 0.45 13.22 485.66-0.01 11.25 413.37 Norfolk 0.48 13.25 486.760.00 11.26 413.73 Palmerston 0.45 13.22 485.660.00 11.26 413.73 Varna 0.45 13.22 485.660.00 11.26 413.73 Trenton 0.35 13.12 481.99-0.05 11.21 411.90 Winchester 0.50 13.27 487.500.29 11.55 424.39 North Gower 0.60 13.37 491.170.13 11.39 418.51 Huron FOB 0.50 13.27 487.500.05 11.31 415.57 Kent FOB 0.43 13.20 484.93-0.05 11.21 411.90 Lambton FOB 0.43 13.20 484.93-0.05 11.21 411.90 Middlesex FOB0.61 0.68 0.68 N/A 13.38 491.540.08 11.34 416.67 PROCESSORS Hamilton 1.00 0.95 1.00 N/A 13.77 505.870.50 11.76 432.11 Windsor 0.91 0.80 0.80 N/A 13.68 502.560.41 11.67 428.80 Winchester N/A N/A TRANSFER Hamilton 1.00 N/A N/A N/A 13.77 505.870.54 11.80 433.58 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.20 13.97 513.220.90 12.16 446.80 Toledo El. 0.10 12.86 472.65-0.41 10.85 398.84 Bank of Canada Noon exchange rate was 1.0659 up 0.0045 Chicago wheat closed slightly lower to steady. MAR14 HI 6.12 3/4 JUL14 HI 6.20 1/2 LOW 6.05 LOW 6.13 1/2 CLOSE 6.05 3/4 Unchanged CLOSE 6.14 1/4 Down 1/4 Minni wheat closed slightly lower to steady. MAR14 HI 6.36 1/2 SEP14 HI 6.65 1/2 LOW 6.29 1/2 LOW 6.58 1/2 CLOSE 6.30 1/2 Unchanged CLOSE 6.59 Down 1 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.08 0.19 -0.24 -0.59 CAD $/bu 5.98 6.25 5.82 5.71 CAD $/tonne 219.75 229.55 213.87 209.86 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 -0.08 -0.45 N/A London -0.33 0.20 -0.28 N/A -0.11 -0.16 -0.48 N/A Hensall 0.05 N/A -0.25 N/A -0.05 N/A -0.45 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 -0.49 N/A N/A N/A -0.51 N/A Norwich 0.05 N/A -0.25 N/A -0.05 N/A -0.45 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 0.05 N/A -0.25 N/A -0.05 N/A -0.45 N/A Chatham N/A 0.15 -0.30 N/A N/A N/A -0.45 N/A Brigden N/A 0.15 -0.30 N/A N/A N/A -0.45 N/A Palmerston N/A 0.36 -0.33 -0.19 N/A -0.08 -0.62 -0.46 Varna 0.00 0.25 -0.30 N/A -0.05 -0.10 -0.50 N/A Mitchell 0.05 0.25 -0.25 N/A -0.05 -0.05 -0.45 N/A Thornton N/A N/A N/A -0.27 N/A N/A N/A N/A North Gower N/A N/A N/A -0.49 N/A N/A N/A -0.90 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A 0.07 N/A N/A N/A -0.31 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 0.99N/A 0.40N/A 1.00N/A 0.52N/A Toledo El. 5.93US 6.32CA 6.01US 6.41CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.23 0.04 -0.39 -0.52 CAD $/bu 5.91 6.18 5.75 6.07 CAD $/tonne 217.21 227.00 211.33 222.99 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 Bayport Oats 310.00 Bayport Barley 270.00 FOB Hm Soymeal 555.35 - 564.17 DDG's FOB Srn & Aylm 285.00