FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, June 27 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0676 down 0.0031 Chicago corn closed slightly higher. JUL14 HI 4.44 1/2 DEC14 HI 4.47 3/4 LOW 4.40 LOW 4.40 3/4 CLOSE4.43 Up 1/4 CLOSE 4.47 1/4 Up 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 -0.05 4.38 172.43 -0.20 4.27 168.20 CK High 0.00 4.43 174.40 -0.20 4.27 168.20 CK Avg -0.03 -0.34 4.40 173.09 -0.20 -0.51 4.27 168.20 Essex Cty 0.20 4.63 182.28 -0.25 4.22 166.23 Mdsx Low -0.05 4.38 172.43 -0.20 4.27 168.20 Mdsx High 0.00 4.43 174.40 -0.20 4.27 168.20 Mdsx Avg -0.03 -0.33 4.41 173.42 -0.20 -0.51 4.27 168.20 Hensall 0.00 4.43 174.40 -0.20 4.27 168.20 Bruce 0.00 4.43 174.40 -0.20 4.27 168.20 Putnam -0.05 4.38 172.43 -0.20 4.27 168.20 Burford -0.05 4.38 172.43 -0.20 4.27 168.20 Port Perry -0.05 4.38 172.43 -0.20 4.27 168.20 Norfolk -0.05 4.38 172.43 -0.20 4.27 168.20 Palmerston -0.05 4.38 172.43 -0.15 4.32 170.17 Varna 0.00 4.43 174.40 -0.15 4.32 170.17 Trenton 0.07 4.50 177.16 -0.10 4.37 172.14 Winchester 0.15 4.58 180.31 0.07 4.54 178.83 North Gower 0.12 4.55 179.13 0.15 4.62 181.98 Huron FOB 0.30 4.73 186.21 -0.25 4.22 166.23 Kent FOB -0.05 4.38 172.43 -0.20 4.27 168.20 Lamb FOB -0.05 4.38 172.43 -0.20 4.27 168.20 Mdsx FOB 0.10N/A N/A N/A 4.53 178.34 -0.20 4.27 168.20 FOB SW Que 0.63 5.06 199.20 -0.10 4.37 172.14 Track 0.40 4.83 190.15N/A PROCESSORS Chat-Eth N/A 0.20 0.25 0.25 N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A 0.20 0.25 0.25 N/A Sarn-Eth 0.20 0.30 0.35 0.40 4.63 182.28N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A 0.40 0.05 4.52 178.04 Pt.Colb-Ing 0.50 0.55 0.60 0.60 4.93 194.09 0.10 4.57 180.01 Cardnl-Ing N/A N/A N/A 0.60 0.20 4.67 183.95 W O Feed 0.57 0.50 5.00 197.00 US Rep 0.60 0.53 5.03 198.02 Toledo El. -0.14 4.29 168.93 -0.33 4.14 163.04 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton 0.45 4.88192 1/9 0.04 4.51177 2/3 MID SD CRN -0.20 4.27 1/4 HI SD CRN -0.20 4.27 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0676 down 0.0031 Chicago soybeans closed slightly lower. AUG14 HI 13.92 1/4 NOV14 HI 12.45 LOW 13.74 3/4 LOW 12.21 1/2 CLOSE13.78 Down 3 3/4 CLOSE 12.28 Down 16 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV14 CK Low 1.72 15.50 569.530.23 12.51 459.66 CK High 1.90 15.68 576.140.35 12.63 464.07 CK Average 1.79 0.85 15.57 572.220.27 -0.5712.55 461.19 Essex Cty 2.11 15.89 583.860.36 12.64 464.44 Mdsx Low 1.72 15.50 569.530.23 12.51 459.66 Mdsx High 1.80 15.58 572.470.25 12.53 460.40 Mdsx Average 1.76 0.82 15.54 571.000.24 -0.6012.52 460.03 Hensall 1.78 15.56 571.550.25 12.53 460.40 Bruce 1.80 15.58 572.470.25 12.53 460.40 Putnam 1.85 15.63 574.300.25 12.53 460.40 Burford 1.75 15.53 570.630.26 12.54 460.77 Port Perry 1.72 15.50 569.530.23 12.51 459.66 Norfolk 1.74 15.52 570.260.23 12.51 459.66 Palmerston 1.85 15.63 574.300.25 12.53 460.40 Varna 1.75 15.53 570.630.25 12.53 460.40 Trenton 1.75 15.53 570.630.25 12.53 460.40 Winchester 1.85 15.63 574.300.60 12.88 473.26 North Gower 1.64 15.42 566.590.57 12.85 472.16 Huron FOB 1.85 15.63 574.300.35 12.63 464.07 Kent FOB 1.79 15.57 572.100.23 12.51 459.66 Lambton FOB 1.79 15.57 572.100.23 12.51 459.66 Middlesex FOB1.92 N/A N/A N/A 15.70 576.880.43 12.71 467.01 PROCESSORS Hamilton 2.23 2.25 N/A N/A 16.01 588.270.73 13.01 478.04 Windsor 2.34 2.19 N/A N/A 16.12 592.310.59 12.87 472.89 Winchester N/A N/A TRANSFER Hamilton 2.30 N/A N/A N/A 16.08 590.840.60 12.88 473.26 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.34 15.12 555.560.00 12.28 451.21 Toledo El. 0.72 14.50 532.63-0.30 11.98 440.22 Bank of Canada Noon exchange rate was 1.0676 down 0.0031 Chicago wheat closed slightly higher. JUL14 HI 5.90 JUL14 HI 5.90 LOW 5.77 1/4 LOW 5.77 1/4 CLOSE 5.85 1/4 Up 3 CLOSE 5.85 1/4 Up 3 Minni wheat closed slightly higher. JUL14 HI 6.91 3/4 SEP14 HI 6.99 LOW 6.76 3/4 LOW 6.85 CLOSE 6.83 Up 4 CLOSE 6.92 1/2 Up 5 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.03 0.13 -0.19 -0.50 CAD $/bu 5.88 5.98 5.66 6.33 CAD $/tonne 215.98 219.91 208.13 232.76 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 0.10 -0.35 N/A London 0.05 0.26 -0.43 N/A 0.07 0.07 -0.42 N/A Hensall N/A N/A N/A N/A 0.25 N/A -0.35 N/A Trenton N/A N/A N/A N/A N/A N/A -0.16 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A N/A N/A N/A N/A -0.37 N/A Norwich N/A N/A N/A 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 N/A N/A N/A N/A 0.25 N/A -0.35 N/A Chatham N/A N/A N/A N/A N/A N/A -0.40 N/A Brigden N/A N/A N/A N/A N/A N/A -0.40 N/A Palmerston N/A 0.26 -0.39 -0.07 N/A 0.28 -0.37 -0.42 Varna 0.15 0.40 -0.40 N/A 0.15 0.00 -0.45 N/A Mitchell N/A N/A N/A N/A 0.25 0.15 -0.35 N/A Thornton N/A N/A N/A -0.97 N/A N/A N/A N/A North Gower N/A N/A N/A -0.31 N/A N/A N/A -0.15 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 -0.15 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 N/A N/A 0.83N/A 0.56N/A Toledo El. 5.90US 6.31CA 5.90US 6.31CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.08 0.19 -0.29 -0.33 CAD $/bu 5.93 6.04 5.56 6.60 CAD $/tonne 217.95 221.87 204.21 242.38 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 280.00 - 340.00 Bayport Oats 360.00 Bayport Barley 280.00 FOB Hm Soymeal 624.80 - 635.82 DDG's FOB Srn & Aylm 260.00