FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, April 21 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.1021 up 0.0023 Chicago corn closed slightly to moderately lower. MAY14 HI 4.94 DEC14 HI 4.96 1/4 LOW 4.85 1/2 LOW 4.87 1/2 CLOSE4.88 1/2 Down 6 1/4 CLOSE 4.90 Down 6 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +JUL14+JUL14+SEP14 CK Low -0.30 4.59 180.50 -0.30 4.60 181.09 CK High -0.20 4.69 184.44 -0.25 4.65 183.06 CK Avg -0.27 -0.77 4.62 181.82 -0.29 -0.79 4.61 181.55 Essex Cty -0.20 4.69 184.44 -0.30 4.60 181.09 Mdsx Low -0.30 4.59 180.50 -0.30 4.60 181.09 Mdsx High -0.30 4.59 180.50 -0.30 4.60 181.09 Mdsx Avg -0.30 -0.81 4.59 180.50 -0.30 -0.81 4.60 181.09 Hensall -0.29 4.60 180.90 -0.29 4.61 181.49 Bruce -0.30 4.59 180.50 -0.30 4.60 181.09 Putnam -0.30 4.59 180.50 -0.30 4.60 181.09 Burford -0.30 4.59 180.50 -0.30 4.60 181.09 Port Perry -0.35 4.54 178.54 -0.30 4.60 181.09 Norfolk -0.20 4.69 184.44 -0.28 4.62 181.88 Palmerston -0.30 4.59 180.50 -0.30 4.60 181.09 Varna -0.30 4.59 180.50 -0.30 4.60 181.09 Trenton -0.20 4.69 184.44 -0.30 4.60 181.09 Winchester 0.00 4.89 192.31 -0.05 4.85 190.94 North Gower -0.01 4.88 191.92 -0.02 4.88 192.12 Huron FOB -0.15 4.74 186.41 -0.23 4.67 183.85 Kent FOB -0.20 4.69 184.44 -0.28 4.62 181.88 Lamb FOB -0.20 4.69 184.44 -0.28 4.62 181.88 Mdsx FOB -0.20 -0.20 -0.20N/A 4.69 184.44 -0.25 4.65 183.06 FOB SW Que 0.40 5.29 208.06 0.10 5.00 196.84 Track 0.13 5.01 197.23N/A PROCESSORS Chat-Eth -0.20 -0.20 -0.20 -0.10 4.69 184.44N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth -0.20 -0.20 -0.20 -0.10 4.69 184.44 N/A Sarn-Eth N/A 0.00 0.00 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 -0.05 4.85 190.94 Pt.Colb-Ing N/A N/A N/A 0.35 0.00 4.90 192.90 Cardnl-Ing N/A N/A N/A 0.35 0.10 5.00 196.84 W O Feed 0.16 0.05 5.05 198.61 US Rep 0.65 0.54 5.54 217.90 Toledo El. -0.22 4.66 183.63 -0.36 4.54 178.57 TRANSFER Sarnia N/A N/A Pt. Stanley -0.20 4.69 184.44N/A Hamilton 0.28 5.17203 1/3 0.03 4.93194 MID SD CRN -0.25 4.63 1/2 -0.27 1/2 4.62 1/2 HI SD CRN -0.20 4.68 1/2 -0.25 4.65 *Wet Bid Bank of Canada Noon exchange rate was 1.1021 up 0.0023 Chicago soybeans closed slightly to moderately lower. MAY14 HI 15.25 NOV14 HI 12.43 1/2 LOW 14.86 LOW 12.11 1/4 CLOSE14.98 3/4 Down 15 1/4 CLOSE 12.23 3/4 Down 15 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+AUG1+AUG14 CK Low 1.40 16.39 602.140.74 12.98 476.84 CK High 1.45 16.44 603.970.80 13.04 479.05 CK Average 1.42 -0.1316.41 602.870.76 -0.5112.99 477.45 Essex Cty 1.40 16.39 602.140.98 13.22 485.66 Mdsx Low 1.44 16.43 603.610.74 12.98 476.84 Mdsx High 1.45 16.44 603.970.75 12.99 477.21 Mdsx Average 1.45 -0.1016.43 603.790.75 -0.5212.98 477.03 Hensall 1.45 16.44 603.970.75 12.99 477.21 Bruce 1.45 16.44 603.970.75 12.99 477.21 Putnam 1.45 16.44 603.970.75 12.99 477.21 Burford 1.47 16.46 604.710.71 12.95 475.74 Port Perry 1.44 16.43 603.610.74 12.98 476.84 Norfolk 1.48 16.47 605.080.75 12.99 477.21 Palmerston 1.45 16.44 603.970.75 12.99 477.21 Varna 1.45 16.44 603.970.70 12.94 475.37 Trenton 1.35 16.34 600.300.75 12.99 477.21 Winchester 1.45 16.44 603.970.93 13.17 483.82 North Gower 1.46 16.45 604.340.84 13.08 480.52 Huron FOB 1.55 16.54 607.650.75 12.99 477.21 Kent FOB 1.43 16.42 603.240.75 12.99 477.21 Lambton FOB 1.43 16.42 603.240.75 12.99 477.21 Middlesex FOB1.60 1.60 N/A N/A 16.59 609.490.91 13.15 483.09 PROCESSORS Hamilton 1.85 1.92 N/A N/A 16.84 618.671.25 13.49 495.58 Windsor 1.63 1.58 1.58 N/A 16.62 610.591.21 13.45 494.11 Winchester N/A N/A TRANSFER Hamilton 1.85 N/A N/A N/A 16.84 618.671.15 13.39 491.91 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.97 16.96 623.081.76 14.00 514.32 Toledo El. 0.19 15.18 557.59-0.31 11.93 438.30 Bank of Canada Noon exchange rate was 1.1021 up 0.0023 Chicago wheat closed lower. MAY14 HI 6.91 JUL14 HI 6.98 LOW 6.62 3/4 LOW 6.70 1/4 CLOSE 6.68 1/4 Down 23 CLOSE 6.75 1/2 Down 23 1/2 Minni wheat closed moderately lower to lower. MAY14 HI 7.25 SEP14 HI 7.40 1/4 LOW 7.07 1/2 LOW 7.20 3/4 CLOSE 7.14 1/2 Down 18 1/4 CLOSE 7.26 Down 20 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.42 0.75 0.30 -0.14 CAD $/bu 7.10 7.43 6.99 7.00 CAD $/tonne 260.79 272.95 256.74 257.24 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 0.20 -0.20 N/A London 0.35 0.62 0.13 N/A 0.17 0.13 -0.20 N/A Hensall 0.40 N/A 0.10 N/A 0.30 N/A -0.20 N/A Trenton N/A N/A N/A N/A N/A N/A -0.25 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.10 Essex N/A N/A -0.17 N/A N/A N/A -0.20 N/A Norwich 0.40 N/A 0.10 N/A 0.30 N/A -0.20 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 0.40 N/A 0.10 N/A 0.30 N/A -0.20 N/A Chatham N/A N/A 0.12 N/A N/A N/A -0.20 N/A Brigden N/A N/A 0.12 N/A N/A N/A -0.20 N/A Palmerston N/A 0.65 0.10 0.18 N/A 0.21 -0.20 -0.18 Varna 0.40 0.65 0.10 N/A 0.30 0.20 -0.20 N/A Mitchell 0.40 0.65 0.10 N/A 0.30 0.20 -0.20 N/A Thornton N/A N/A N/A -0.18 N/A N/A N/A N/A North Gower N/A N/A N/A 0.00 N/A N/A N/A 0.08 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A N/A N/A N/A N/A 0.10 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 0.91N/A 1.14N/A 0.86N/A Toledo El. 6.64US 7.33CA 6.78US 7.48CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.37 0.48 0.04 0.03 CAD $/bu 7.12 7.23 6.79 7.29 CAD $/tonne 261.70 265.76 249.54 267.99 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 320.00 Bayport Oats 335.00 Bayport Barley 275.00 FOB Hm Soymeal 643.43 - 652.25 DDG's FOB Srn & Aylm 290.00