FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 18
Bank of Canada Noon exchange rate was 1.0209 up 0.0033
Chicago soybeans closed slightly higher.

       AUG13   HI 14.51  1/4          NOV13    HI 12.96  1/4
              LOW 14.33  1/2                  LOW 12.82  1/2
             CLOSE14.35  1/2  Up  1/4       CLOSE 12.89  3/4  Up 4 1/4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt Adj.  $/bu  $/mt BasisAdj.  $/bu  $/mt
ELEVATORS         +AUG1+AUG1+AUG13
CK Low       0.70                     15.06 553.18-0.63     12.27 450.75
CK High      0.80                     15.16 556.85-0.50     12.40 455.53
CK Average   0.75                0.45 15.11 555.01-0.59-0.8612.31 452.16
Essex Cty    0.82                     15.18 557.59-0.35     12.55 461.04
Mdsx Low     0.75                     15.11 555.01-0.63     12.27 450.75
Mdsx High    0.75                     15.11 555.01-0.55     12.35 453.69
Mdsx Average 0.75                0.45 15.11 555.01-0.59-0.8612.31 452.22
Hensall      0.75                     15.11 555.01-0.58     12.32 452.77
Bruce        0.75                     15.11 555.01-0.55     12.35 453.69
Putnam        N/A                                 -0.50     12.40 455.53
Burford      0.81                     15.17 557.22-0.57     12.33 452.96
Port Perry   0.75                     15.11 555.01-0.63     12.27 450.75
Norfolk      0.80                     15.16 556.85-0.57     12.33 452.96
Palmerston   0.74                     15.10 554.65-0.65     12.25 450.02
Varna        0.75                     15.11 555.01-0.65     12.25 450.02
Trenton      0.85                     15.21 558.69-0.45     12.45 457.37
Winchester   0.69                     15.05 552.81-0.26     12.64 464.35
North Gower  0.85                     15.21 558.69-0.38     12.52 459.94
Huron FOB    0.90                     15.26 560.53-0.50     12.40 455.53
Kent FOB     0.80                     15.16 556.85-0.52     12.38 454.80
Lambton FOB  0.80                     15.16 556.85-0.52     12.38 454.80
Middlesex FOB0.95 1.15 1.31  N/A      15.31 562.36-0.40     12.50 459.20

PROCESSORS
Hamilton     1.30 1.55 1.65  N/A      15.66 575.22-0.05     12.85 472.06
Windsor      1.05 0.96  N/A  N/A      15.41 566.04-0.12     12.78 469.49
Winchester    N/A                                  N/A

TRANSFER
Hamilton      N/A  N/A  N/A  N/A                  0.00      12.90 473.90
Pt. Stanley   N/A                                  N/A
Sarnia        N/A                                  N/A
Owen Sound    N/A                                  N/A
Sorel QC      N/A                                 0.40      13.30 488.60

Toledo El.   0.73                     15.09 554.46-0.39     12.51 459.65


Bank of Canada Noon exchange rate was 1.0209 up 0.0033
Chicago wheat closed slightly higher.
JUL13      HI     6.89  3/4             JUL13   HI      6.89  3/4
           LOW    6.80  1/2                     LOW     6.80  1/2
           CLOSE  6.87  1/2  Up 7               CLOSE   6.87  1/2  Up 7

Minni wheat closed slightly lower.
JUL13      HI         8.06              SEP13   HI      7.87  3/4
           LOW    7.98  3/4                     LOW     7.79  3/4
           CLOSE  7.99   Down 1 1/4             CLOSE   7.80  1/4  Down 1 1/4

GFO Cash Wheat Prices - DEL Terminal
Current Crop 12   Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                -0.44         -0.34           -0.44         -0.59
CAD $/bu              6.44          6.54            6.44          7.40
CAD $/tonne         236.47        240.22          236.47        271.91


Direct MarkHarvest 2012                 Harvest 2013
           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    -0.95   -1.10   N/A
London      -0.67  -0.52   -0.52   N/A   -0.62   -0.93   -1.08   N/A
Hensall     -0.50   N/A    -0.50   N/A   -0.60    N/A    -1.10   N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    -1.20   N/A
Winchester   N/A    N/A     N/A    N/A    N/A     N/A     N/A   -0.78
Essex        N/A    N/A    -0.42   N/A    N/A     N/A    -1.03   N/A
Norwich     -0.50   N/A    -0.50   N/A   -0.60    N/A    -1.10   N/A
Mt. Elgin    N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Kent Bridge -0.55   N/A    -0.55   N/A   -0.65    N/A    -1.10   N/A
Chatham      N/A    N/A     N/A    N/A    N/A    -1.00   -1.05   N/A
Brigden      N/A    N/A     N/A    N/A    N/A    -1.00   -1.05   N/A
Palmerston   N/A   -0.46   -0.59  -0.70   N/A    -0.84   -1.21  -0.80
Varna       -0.50  -0.55   -0.55   N/A   -0.75   -1.05   -1.15   N/A
Mitchell    -0.50  -0.55   -0.50   N/A   -0.60   -1.00   -1.10   N/A
Thornton     N/A    N/A     N/A   -1.19   N/A     N/A     N/A    N/A
North Gower  N/A    N/A     N/A   -0.60   N/A     N/A     N/A   -0.70

TERMINAL
Sarnia       N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Hamilton     N/A    N/A    -0.63   N/A    N/A     N/A    -0.70   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        0.45N/A        0.14N/A

Toledo El. N/A                          6.75US          6.88CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 13        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                -0.27         -0.37           -0.73         -0.76
CAD $/bu              6.61          6.51            6.15          7.05
CAD $/tonne         242.85        239.09          225.97        258.88

(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
Bayport Wheat             347.00 - 350.00
Bayport Oats              325.00
Bayport Barley            320.00
FOB Hm Soymeal            569.68 - 571.89
DDG's FOB Srn & Aylm      275.00 - 280.00