FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, September 19 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0969 up 0.0023 Chicago corn closed moderately lower. DEC14 HI 3.38 1/4 DEC14 HI 3.38 1/4 LOW 3.31 1/2 LOW 3.31 1/2 CLOSE3.31 1/2 Down 6 3/4 CLOSE 3.31 1/2 Down 6 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC14+DEC14+MAR15 CK Low 1.00 4.32 169.87 0.30 3.62 142.32 CK High 1.15 4.47 175.78 0.30 3.62 142.32 CK Avg 1.07 0.75 4.39 172.63 0.30 -0.02 3.62 142.32 Essex Cty 1.15 4.47 175.78 0.35 3.67 144.28 Mdsx Low 1.10 4.42 173.81 0.30 3.62 142.32 Mdsx High 1.15 4.47 175.78 0.30 3.62 142.32 Mdsx Avg 1.13 0.80 4.44 174.80 0.30 -0.02 3.62 142.32 Hensall 1.10 4.42 173.81 0.33 3.64 143.30 Bruce 1.10 4.42 173.81 0.30 3.62 142.32 Putnam 1.15 4.47 175.78 0.30 3.62 142.32 Burford 1.15 4.47 175.78 0.30 3.62 142.32 Port Perry 1.15 4.47 175.78 0.30 3.62 142.32 Norfolk N/A 0.30 3.62 142.32 Palmerston 1.00 4.32 169.87 0.30 3.62 142.32 Varna 0.90 4.22 165.94 0.35 3.67 144.28 Trenton 1.00 4.32 169.87 0.30 3.62 142.32 Winchester 1.00 4.32 169.87 0.50 3.82 150.19 North Gower N/A 0.42 3.74 147.04 Huron FOB N/A 0.25 3.57 140.35 Kent FOB N/A 0.30 3.62 142.32 Lamb FOB N/A 0.30 3.62 142.32 Mdsx FOB 1.15N/A N/A N/A 4.47 175.78 0.30 3.62 142.32 FOB SW Que N/A 0.90 4.22 165.94 Track 1.63 4.94 194.48N/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 0.85 0.25 0.25 0.25 4.17 163.97 0.25 3.57 140.35 Sarn-Eth 1.15 1.15 0.40 0.35 4.47 175.78 0.40 3.72 146.25 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A 1.10 0.60 0.90 0.60 3.92 154.13 Pt.Colb-Ing N/A 0.65 0.65 0.55 0.65 3.97 156.10 Cardnl-Ing N/A 1.25 0.70 0.60 0.70 4.02 158.06 W O Feed 1.77 1.66 5.09 200.19 US Rep 1.80 1.69 5.12 201.37 Toledo El. -0.15 3.16 124.45 -0.25 3.06 120.56 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A 0.38 3.70145 1/2 MID SD CRN 0.30 3.61 1/2 HI SD CRN 0.30 3.61 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0969 up 0.0023 Chicago soybeans closed slightly lower. NOV14 HI 9.72 NOV14 HI 9.72 LOW 9.56 LOW 9.56 CLOSE9.57 Down 14 1/2 CLOSE 9.57 Down 14 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN15 CK Low 0.24 9.81 360.46-0.05 9.52 349.80 CK High 0.80 10.37 381.030.30 9.87 362.66 CK Average 0.59 -0.3510.16 373.130.19 -0.75 9.76 358.68 Essex Cty 1.65 11.22 412.260.29 9.86 362.29 Mdsx Low 0.22 9.79 359.72-0.07 9.50 349.07 Mdsx High 0.80 10.37 381.030.20 9.77 358.99 Mdsx Average 0.51 -0.4310.08 370.380.07 -0.87 9.64 354.03 Hensall 0.80 10.37 381.030.25 9.82 360.82 Bruce 0.80 10.37 381.030.20 9.77 358.99 Putnam 1.00 10.57 388.380.30 9.87 362.66 Burford 0.25 9.82 360.82-0.04 9.53 350.17 Port Perry 0.22 9.79 359.72-0.07 9.50 349.07 Norfolk N/A 0.20 9.77 358.99 Palmerston 1.90 11.47 421.450.50 10.07 370.01 Varna N/A 0.30 9.87 362.66 Trenton N/A 0.30 9.87 362.66 Winchester N/A 0.90 10.47 384.71 North Gower N/A 0.72 10.29 378.09 Huron FOB N/A 0.40 9.97 366.33 Kent FOB N/A 0.20 9.77 358.99 Lambton FOB N/A 0.20 9.77 358.99 Middlesex FOB N/A N/A N/A N/A 0.38 9.95 365.60 PROCESSORS Hamilton 0.62 0.62 0.74 0.70 10.19 374.420.62 10.19 374.42 Windsor 1.88 0.52 0.58 0.71 11.45 420.720.52 10.09 370.74 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 0.49 10.06 369.64 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 2.05 11.62 426.961.42 10.99 403.81 Toledo El. N/A -0.20 9.37 344.38 Bank of Canada Noon exchange rate was 1.0969 up 0.0023 Chicago wheat closed moderately lower. DEC14 HI 4.88 1/4 JUL15 HI 5.25 1/4 LOW 4.73 3/4 LOW 5.11 1/2 CLOSE 4.74 1/2 Down 14 CLOSE 5.12 Down 14 Minni wheat closed moderately lower. DEC14 HI 5.50 JUL15 HI 5.89 1/2 LOW 5.34 1/4 LOW 5.76 1/2 CLOSE 5.35 1/2 Down 14 3/4 CLOSE 5.77 1/2 Down 12 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.57 0.68 0.19 0.03 CAD $/bu 5.32 5.43 4.94 5.39 CAD $/tonne 195.46 199.49 181.34 197.88 Direct MarkHarvest 2014 Harvest 2015 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 -0.14 N/A N/A N/A -0.36 N/A London 0.54 0.59 -0.12 N/A 0.17 0.61 -0.37 N/A Hensall 0.75 N/A -0.15 N/A 0.30 N/A -0.30 N/A Trenton N/A N/A -0.20 N/A N/A N/A N/A N/A Winchester N/A N/A N/A -0.05 N/A N/A N/A N/A Essex N/A N/A 0.10 N/A N/A N/A -0.15 N/A Norwich 1.00 N/A -0.15 N/A 0.30 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 0.75 N/A -0.15 N/A 0.30 N/A -0.30 N/A Chatham N/A 0.60 -0.15 N/A N/A 0.50 -0.32 N/A Brigden N/A 0.60 -0.15 N/A N/A 0.50 -0.32 N/A Palmerston N/A 0.61 -0.16 -0.26 N/A 0.48 -0.40 N/A Varna 0.75 0.55 -0.15 N/A 0.30 0.55 -0.30 N/A Mitchell 0.75 0.50 -0.15 N/A 0.30 0.55 -0.30 N/A Thornton N/A N/A N/A -0.46 N/A N/A N/A N/A North Gower N/A N/A N/A 0.04 N/A N/A N/A N/A 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 -0.14 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 1.56N/A 0.79N/A N/A N/A 0.72N/A Toledo El. 4.72US 5.18CA 4.94US 5.42CA GFO Contract Wheat Prices - DEL Terminal Harvest 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.28 0.67 -0.16 -0.31 CAD $/bu 5.40 5.79 4.96 5.46 CAD $/tonne 198.48 212.60 182.35 200.70 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 285.00 - 300.00 Bayport Oats 315.00 Bayport Barley 270.00 FOB Hm Soymeal 656.00 - 721.03 DDG's FOB Srn & Aylm 190.00