FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, January 10 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0917 up 0.0066 Chicago corn closed higher. MAR14 HI 4.33 DEC14 HI 4.58 3/4 LOW 4.06 1/4 LOW 4.35 CLOSE4.32 3/4 Up 20 3/4 CLOSE 4.58 1/4 Up 17 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR14+MAY14+MAY14 CK Low -0.25 4.08 160.52 -0.25 4.33 170.56 CK High -0.17 4.16 163.67 -0.25 4.33 170.56 CK Avg -0.21 -0.60 4.12 162.03 -0.25 -0.67 4.33 170.56 Essex Cty -0.20 4.13 162.49 -0.20 4.38 172.53 Mdsx Low -0.25 4.08 160.52 -0.25 4.33 170.56 Mdsx High -0.20 4.13 162.49 -0.25 4.33 170.56 Mdsx Avg -0.23 -0.62 4.10 161.51 -0.25 -0.67 4.33 170.56 Hensall -0.25 4.08 160.52 -0.25 4.33 170.56 Bruce -0.25 4.08 160.52 -0.25 4.33 170.56 Putnam N/A -0.30 4.28 168.59 Burford -0.20 4.13 162.49 -0.25 4.33 170.56 Port Perry -0.30 4.03 158.56 -0.30 4.28 168.59 Norfolk -0.17 4.16 163.67 -0.25 4.33 170.56 Palmerston -0.30 4.03 158.56 -0.30 4.28 168.59 Varna -0.25 4.08 160.52 -0.25 4.33 170.56 Trenton -0.25 4.08 160.52 -0.25 4.33 170.56 Winchester -0.15 4.18 164.46 -0.20 4.38 172.53 North Gower -0.28 4.05 159.34 -0.15 4.43 174.50 Huron FOB -0.15 4.18 164.46 -0.25 4.33 170.56 Kent FOB -0.17 4.16 163.67 -0.25 4.33 170.56 Lamb FOB -0.17 4.16 163.67 -0.25 4.33 170.56 Mdsx FOB -0.20 -0.20 -0.25N/A 4.13 162.49 -0.25 4.33 170.56 FOB SW Que 0.35 4.68 184.15 0.02 4.60 181.19 Track 0.18 4.50 177.26N/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 4.23 166.43N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A 0.00 -0.40 4.18 164.66 Pt.Colb-Ing N/A 0.10 0.10 0.05 -0.35 4.23 166.63 Cardnl-Ing N/A N/A 0.05 0.05 -0.35 4.23 166.63 W O Feed 0.19 0.09 4.52 177.85 US Rep 0.61 0.51 4.94 194.38 Toledo El. -0.19 4.14 163.07 -0.39 4.19 164.95 TRANSFER Sarnia N/A N/A Pt. Stanley -0.30 4.03 158.56 -0.30 4.28168 3/5 Hamilton 0.06 4.39172 3/4 -0.11 4.47176 MID SD CRN -0.21 4.11 3/4 HI SD CRN -0.17 4.15 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0917 up 0.0066 Chicago soybeans closed mixed. MAR14 HI 12.97 NOV14 HI 11.10 LOW 12.71 1/2 LOW 10.95 CLOSE12.78 1/2 Up 4 3/4 CLOSE 10.99 3/4 Down 1 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY14 CK Low 0.65 13.44 493.650.15 11.15 409.60 CK High 0.80 13.59 499.160.30 11.30 415.11 CK Average 0.75 -0.4113.53 497.260.22 -0.7811.22 412.17 Essex Cty 1.00 13.79 506.510.41 11.41 419.15 Mdsx Low 0.72 13.51 496.220.19 11.19 411.07 Mdsx High 0.80 13.59 499.160.25 11.25 413.27 Mdsx Average 0.76 -0.4013.55 497.690.22 -0.7811.22 412.17 Hensall 0.75 13.54 497.330.25 11.25 413.27 Bruce 0.80 13.59 499.160.25 11.25 413.27 Putnam N/A 0.05 11.05 405.93 Burford 0.75 13.54 497.330.22 11.22 412.17 Port Perry 0.72 13.51 496.220.19 11.19 411.07 Norfolk 0.85 13.64 501.000.25 11.25 413.27 Palmerston 0.70 13.49 495.490.20 11.20 411.44 Varna 0.70 13.49 495.490.20 11.20 411.44 Trenton 0.65 13.44 493.650.20 11.20 411.44 Winchester 0.83 13.62 500.270.55 11.55 424.30 North Gower 0.60 13.39 491.810.42 11.42 419.52 Huron FOB 0.90 13.69 502.840.30 11.30 415.11 Kent FOB 0.80 13.59 499.160.20 11.20 411.44 Lambton FOB 0.80 13.59 499.160.20 11.20 411.44 Middlesex FOB1.02 1.03 1.03 N/A 13.81 507.250.40 11.40 418.79 PROCESSORS Hamilton 1.35 1.30 1.35 N/A 14.14 519.370.76 11.76 432.01 Windsor 1.22 1.11 1.11 N/A 14.01 514.600.63 11.63 427.24 Winchester N/A N/A TRANSFER Hamilton 1.35 N/A N/A N/A 14.14 519.370.77 11.77 432.38 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.85 14.64 537.741.16 12.16 446.71 Toledo El. 0.10 12.88 473.37-0.47 10.53 386.86 Bank of Canada Noon exchange rate was 1.0917 up 0.0066 Chicago wheat closed moderately lower. MAR14 HI 5.93 1/4 JUL14 HI 6.01 3/4 LOW 5.60 1/2 LOW 5.72 CLOSE 5.69 Down 15 1/4 CLOSE 5.80 3/4 Down 13 1/2 Minni wheat closed slightly lower. MAR14 HI 6.40 SEP14 HI 6.51 LOW 6.20 LOW 6.35 CLOSE 6.20 1/2 Down 8 3/4 CLOSE 6.36 1/2 Down 8 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.02 0.30 -0.14 -0.47 CAD $/bu 5.71 5.99 5.55 5.73 CAD $/tonne 209.99 220.01 203.98 210.59 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 0.00 -0.30 N/A London -0.18 0.36 -0.13 N/A 0.04 -0.01 -0.34 N/A Hensall 0.50 N/A -0.15 N/A 0.05 N/A -0.30 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 -0.39 N/A N/A N/A -0.41 N/A Norwich 0.15 N/A -0.15 N/A 0.05 N/A -0.30 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 0.15 N/A -0.15 N/A 0.05 N/A -0.30 N/A Chatham N/A 0.30 -0.16 N/A N/A N/A -0.32 N/A Brigden N/A 0.30 -0.16 N/A N/A N/A -0.32 N/A Palmerston N/A 0.45 -0.16 0.08 N/A 0.04 -0.37 -0.21 Varna 0.00 0.35 -0.15 N/A 0.05 0.05 -0.35 N/A Mitchell 0.15 0.35 -0.15 N/A 0.05 0.05 -0.30 N/A Thornton N/A N/A N/A -0.37 N/A N/A N/A N/A North Gower N/A N/A N/A -0.60 N/A N/A N/A -0.78 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A 0.40 N/A N/A N/A -0.21 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 1.12N/A 0.52N/A 1.13N/A 0.64N/A Toledo El. 5.56US 6.06CA 5.68US 6.19CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.13 0.14 -0.29 -0.40 CAD $/bu 5.68 5.95 5.52 5.96 CAD $/tonne 208.68 218.70 202.67 219.00 (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 568.36 - 571.67 DDG's FOB Srn & Aylm 270.00