FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, June 3 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0915 up 0.0020 Chicago corn closed slightly to moderately lower. JUL14 HI 4.65 DEC14 HI 4.58 1/4 LOW 4.56 LOW 4.52 1/2 CLOSE4.58 1/4 Down 7 1/4 CLOSE 4.54 1/4 Down 4 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +SEP14+SEP14+DEC14 CK Low -0.25 4.33 170.56 -0.30 4.24 167.02 CK High -0.20 4.38 172.53 -0.25 4.29 168.99 CK Avg -0.24 -0.66 4.34 170.89 -0.28 -0.71 4.26 167.81 Essex Cty 0.00 4.58 180.41 -0.25 4.29 168.99 Mdsx Low -0.25 4.33 170.56 -0.30 4.24 167.02 Mdsx High -0.25 4.33 170.56 -0.25 4.29 168.99 Mdsx Avg -0.25 -0.67 4.33 170.56 -0.28 -0.70 4.27 168.00 Hensall -0.24 4.35 171.15 -0.25 4.29 168.99 Bruce -0.25 4.33 170.56 -0.25 4.29 168.99 Putnam -0.30 4.28 168.59 -0.30 4.24 167.02 Burford -0.25 4.33 170.56 -0.30 4.24 167.02 Port Perry -0.30 4.28 168.59 -0.30 4.24 167.02 Norfolk -0.25 4.33 170.56 -0.28 4.26 167.81 Palmerston -0.25 4.33 170.56 -0.25 4.29 168.99 Varna -0.25 4.33 170.56 -0.25 4.29 168.99 Trenton -0.05 4.53 178.44 -0.25 4.29 168.99 Winchester N/A N/A North Gower 0.05 4.63 182.37 0.02 4.56 179.62 Huron FOB -0.05 4.53 178.44 -0.25 4.29 168.99 Kent FOB -0.25 4.33 170.56 -0.28 4.26 167.81 Lamb FOB -0.25 4.33 170.56 -0.28 4.26 167.81 Mdsx FOB -0.25N/A N/A N/A 4.33 170.56 -0.25 4.29 168.99 FOB SW Que 0.60 5.18 204.03 0.00 4.54 178.83 Track 0.23 4.81 189.26N/A PROCESSORS Chat-Eth -0.05 0.00 0.10 0.15 4.53 178.44N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth -0.05 0.00 0.10 0.15 4.53 178.44 N/A Sarn-Eth 0.00 0.10 0.15N/A 4.58 180.41N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A 0.35 0.00 4.54 178.83 Pt.Colb-Ing 0.35 0.45 0.50 0.55 4.93 194.18 0.10 4.64 182.77 Cardnl-Ing N/A N/A 0.50 0.55 0.20 4.74 186.70 W O Feed 0.34 0.24 4.92 193.79 US Rep 0.50 0.40 5.08 200.09 Toledo El. -0.14 4.44 174.82 -0.34 4.20 165.48 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton 0.20 4.78188 2/7 0.05 4.59180 4/5 MID SD CRN -0.27 1/2 4.26 3/4 HI SD CRN -0.25 4.29 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0915 up 0.0020 Chicago soybeans closed slightly to moderately lower. JUL14 HI 15.02 NOV14 HI 12.30 1/4 LOW 14.75 LOW 12.14 CLOSE14.81 1/4 Down 19 1/4 CLOSE 12.21 3/4 Down 8 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+AUG1+NOV14 CK Low 1.35 16.16 593.870.43 12.65 464.72 CK High 1.40 16.21 595.710.50 12.72 467.29 CK Average 1.39 0.03 16.20 595.220.47 -0.6812.68 466.00 Essex Cty 1.75 16.56 608.570.70 12.92 474.64 Mdsx Low 1.40 16.21 595.710.43 12.65 464.72 Mdsx High 1.40 16.21 595.710.45 12.67 465.45 Mdsx Average 1.40 0.05 16.21 595.710.44 -0.7112.66 465.08 Hensall 1.40 16.21 595.710.45 12.67 465.45 Bruce 1.40 16.21 595.710.45 12.67 465.45 Putnam N/A 0.40 12.62 463.61 Burford 1.43 16.24 596.810.46 12.68 465.82 Port Perry 1.40 16.21 595.710.43 12.65 464.72 Norfolk 1.37 16.18 594.610.46 12.68 465.82 Palmerston 1.40 16.21 595.710.45 12.67 465.45 Varna 1.35 16.16 593.870.40 12.62 463.61 Trenton 1.30 16.11 592.030.40 12.62 463.61 Winchester N/A N/A North Gower 1.46 16.27 597.910.84 13.06 479.78 Huron FOB 1.50 16.31 599.380.55 12.77 469.13 Kent FOB 1.37 16.18 594.610.46 12.68 465.82 Lambton FOB 1.37 16.18 594.610.46 12.68 465.82 Middlesex FOB1.55 N/A N/A N/A 16.36 601.220.56 12.78 469.49 PROCESSORS Hamilton 1.97 2.04 N/A N/A 16.78 616.651.00 13.22 485.66 Windsor 1.96 1.78 N/A N/A 16.77 616.280.92 13.14 482.72 Winchester N/A N/A TRANSFER Hamilton 2.12 N/A N/A N/A 16.93 622.160.88 13.10 481.25 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.78 16.59 609.671.64 13.86 509.18 Toledo El. N/A -0.31 11.91 437.66 Bank of Canada Noon exchange rate was 1.0915 up 0.0020 Chicago wheat closed slightly lower. JUL14 HI 6.24 JUL14 HI 6.24 LOW 6.11 LOW 6.11 CLOSE 6.12 1/2 Down 8 1/4 CLOSE 6.12 1/2 Down 8 1/4 Minni wheat closed moderately lower. JUL14 HI 6.98 1/4 SEP14 HI 7.07 LOW 6.83 1/4 LOW 6.92 CLOSE 6.84 1/2 Down 12 3/4 CLOSE 6.93 1/4 Down 12 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.18 0.29 -0.04 -0.36 CAD $/bu 6.30 6.41 6.08 6.49 CAD $/tonne 231.60 235.61 223.58 238.42 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 -0.33 N/A London 0.21 0.43 -0.28 N/A 0.12 0.06 -0.38 N/A Hensall 0.25 N/A -0.30 N/A 0.25 N/A -0.35 N/A Trenton N/A N/A N/A N/A N/A N/A -0.15 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A 0.04 N/A N/A N/A -0.34 N/A Norwich 0.25 N/A -0.30 N/A 0.25 N/A -0.35 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 0.25 N/A -0.30 N/A 0.25 N/A -0.35 N/A Chatham N/A N/A N/A N/A N/A N/A -0.35 N/A Brigden N/A N/A N/A N/A N/A N/A -0.35 N/A Palmerston N/A 0.41 -0.25 0.07 N/A 0.32 -0.33 -0.29 Varna 0.25 0.50 -0.25 N/A 0.25 0.15 -0.30 N/A Mitchell 0.25 0.50 -0.30 N/A 0.25 0.15 -0.35 N/A Thornton N/A N/A N/A -0.57 N/A N/A N/A N/A North Gower N/A N/A N/A -0.40 N/A N/A N/A -0.03 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 -0.02 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 0.72N/A 1.01N/A 0.74N/A Toledo El. N/A 6.15US 6.72CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.25 0.36 -0.14 -0.06 CAD $/bu 6.37 6.48 5.99 6.87 CAD $/tonne 234.12 238.14 220.05 252.51 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 335.00 - 340.00 Bayport Oats 360.00 Bayport Barley 280.00 FOB Hm Soymeal 652.14 - 658.75 DDG's FOB Srn & Aylm 300.00 - 305.00