FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, November 1 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.036 up 0.0172 Chicago corn closed slightly lower. DEC10 HI 5.90 3/4 DEC11 HI 5.46 3/4 LOW 5.72 LOW 5.36 1/4 CLOSE5.77 1/4 Down 4 3/4 CLOSE 5.40 1/4 Down 1 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR11+MAR11+MAR11 CK Low -0.85 4.92 193.79 -0.85 4.55 179.22 CK High -0.80 4.97 195.76 -0.80 4.60 181.19 CK Avg -0.83 -0.94 4.94 194.45 -0.83 -0.94 4.57 179.88 Essex Cty -0.80 4.97 195.76 -0.80 4.60 181.19 Mdsx Low -0.85 4.92 193.79 -0.85 4.55 179.22 Mdsx High -0.80 4.97 195.76 -0.80 4.60 181.19 Mdsx Avg -0.83 -0.94 4.94 194.45 -0.83 -0.94 4.57 179.88 Hensall -0.83 4.95 194.77 -0.83 4.58 180.21 Bruce -0.85 4.92 193.79 -0.85 4.55 179.22 Putnam -0.85 4.92 193.79 -0.85 4.55 179.22 Princeton -0.80 4.97 195.76 -0.80 4.60 181.19 Durham -1.15 4.62 181.98 -0.85 4.55 179.22 Norfolk -0.85 4.92 193.79 -0.80 4.60 181.19 Trenton -0.95 4.82 189.85 -0.90 4.50 177.26 Winchester -0.75 5.02 197.73 -0.70 4.70 185.13 North Gower N/A N/A Huron FOB -0.85 4.92 193.79 -0.75 4.65 183.16 Kent FOB -0.85 4.92 193.79 -0.80 4.60 181.19 Lamb FOB -0.85 4.92 193.79 -0.80 4.60 181.19 Mdsx FOB -0.85 -0.85 -0.80 -0.75 4.92 193.79 -0.85 4.55 179.22 FOB SW Que -0.90 4.87 191.82 -0.52 4.88 192.22 Track -0.45 5.32 209.54N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.60 4.80 189.07 Jhnstwn-Eth N/A N/A N/A N/A -0.50 4.90 193.00 Aylmer-Eth N/A -0.90 -0.80 -0.80 N/A Sarn-Eth N/A -0.60 -0.60N/A N/A Cllngwd-Eth -0.70N/A N/A N/A 5.07 199.70N/A London-Cas N/A -0.80 -0.75 -0.75 -0.55 4.85 191.03 Pt.Colb-Cas N/A -0.75 -0.55 -0.50 -0.50 4.90 193.00 Cardnl-Cas N/A N/A N/A N/A -0.35 5.05 198.91 W O Feed -0.57 -0.61 5.20 204.81 US Rep 0.00 -0.04 5.77 227.25 Toledo El. -0.32 5.46 214.83 -0.48 4.92 193.81 TRANSFER Sarnia -0.80 4.97 195.76 -0.80 4.60 181.19 Pt. Stanley -0.80 4.97 195.76 -0.97 4.43 174.50 Hamilton -0.80 4.97 195.76 -0.66 4.74186 5/7 MID SD CRN -0.82 1/2 4.94 3/4 HI SD CRN -0.80 4.97 1/4 Bank of Canada Noon exchange rate was 1.036 up 0.0172 Chicago soybeans closed narrowly mixed. JAN11 HI 12.46 1/4 NOV11 HI 11.81 LOW 12.28 1/2 LOW 11.69 1/2 CLOSE12.35 Down 1 CLOSE 11.74 Up 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR11 CK Low -1.45 10.90 400.51-1.09 10.65 391.32 CK High -1.33 11.02 404.92-0.95 10.79 396.46 CK Average -1.40 -1.6210.95 402.49-1.01-1.2510.73 394.33 Essex Cty -1.33 11.02 404.92-1.08 10.66 391.69 Mdsx Low -1.45 10.90 400.51-1.02 10.72 393.89 Mdsx High -1.32 11.03 405.28-1.00 10.74 394.63 Mdsx Average -1.39 -1.6110.96 402.59-1.01-1.2510.73 394.38 Hensall -1.45 10.90 400.51-1.03 10.72 393.71 Bruce -1.45 10.90 400.51-1.00 10.74 394.63 Putnam -1.45 10.90 400.51-1.00 10.74 394.63 Princeton -1.40 10.95 402.34-1.16 10.58 388.75 Durham -1.34 11.01 404.55-1.04 10.70 393.16 Norfolk -1.44 10.91 400.87-1.10 10.64 390.95 Trenton -1.35 11.00 404.18-1.10 10.64 390.95 Winchester -1.18 11.17 410.43-0.93 10.81 397.20 North Gower N/A N/A Huron FOB -1.35 11.00 404.18-0.95 10.79 396.46 Kent FOB -1.49 10.86 399.04-1.10 10.64 390.95 Lambton FOB -1.49 10.86 399.04-1.10 10.64 390.95 Middlesex FOB-1.15-0.84-0.79 N/A 11.20 411.53-1.04 10.70 393.16 PROCESSORS Hamilton -0.76-0.51-0.43-0.38 11.59 425.86-0.65 11.09 407.49 Windsor -0.74-0.38-0.35-0.31 11.61 426.59-0.66 11.08 407.12 Winchester -1.05 11.30 415.20-0.80 10.94 401.98 TRANSFER Hamilton -0.75-0.50 N/A N/A 11.60 426.23-0.55 11.19 411.16 Pt. Stanley -1.20 11.15 409.69-0.90 10.84 398.30 Sarnia -0.89 11.46 421.08-0.59 11.15 409.69 Owen Sound N/A N/A Sorel QC -0.20 12.15 446.44-0.04 11.70 429.90 Toledo El. -0.34 12.01 441.44-0.54 11.20 411.50 Bank of Canada Noon exchange rate was 1.036 up 0.0172 Chicago wheat closed moderately lower. DEC10 HI 7.28 JUL11 HI 7.93 LOW 7.01 1/4 LOW 7.71 CLOSE 7.02 1/2 Down 14 3/4 CLOSE 7.72 1/2 Down 11 1/4 Minni wheat closed slightly to moderately lower. DEC10 HI 7.89 SEP11 HI 8.10 3/4 LOW 7.64 1/2 LOW 7.93 CLOSE 7.66 3/4 Down 10 CLOSE 7.93 3/4 Down 9 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.99 -0.79 -1.45 -0.83 CAD $/bu 6.03 6.23 5.57 6.84 CAD $/tonne 221.61 229.09 204.78 251.25 Direct MarkHarvest 2010 Harvest 2011 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 -0.95 -1.70 N/A N/A -1.20 -1.95 N/A London -1.11 -1.00 -1.77 N/A -1.40 -1.25 -2.01 N/A Hensall -0.80 N/A -1.55 N/A -1.15 N/A -1.90 N/A Trenton N/A N/A -1.75 N/A N/A N/A -2.00 N/A Winchester N/A N/A N/A -0.90 N/A N/A N/A -1.10 Essex N/A N/A -1.70 N/A N/A N/A -1.95 N/A Norwich -0.80 N/A -1.55 N/A -1.15 N/A -1.90 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.80 N/A -1.55 N/A -1.15 N/A -1.90 N/A Chatham N/A -0.65 -1.60 N/A N/A -0.95 -2.00 N/A Brigden N/A -0.65 -1.60 N/A N/A -0.95 -2.00 N/A Palmerston N/A -0.77 -1.49 -0.64 N/A -0.98 -1.94 -0.84 Mitchell -0.80 -0.70 -1.55 N/A -1.15 -1.00 -1.90 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 N/A N/A N/A N/A N/A TERMINAL Sarnia N/A N/A N/A N/A -1.04 -0.68 -1.61 N/A Hamilton N/A N/A -0.80 N/A N/A N/A -1.55 N/A Pt. Stanley N/A N/A -1.25 N/A N/A N/A -2.00 N/A PROCESSORS Toledo FM N/A 0.74 -0.48 N/A 0.41 -0.15 0.06 N/A Toledo El. N/A 6.60US 6.73CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.17 -0.86 -1.58 -0.96 CAD $/bu 6.56 6.86 6.15 6.98 CAD $/tonne 240.90 252.14 225.90 256.36 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 250.00 - 255.00 Bayport Oats 300.00 Bayport Barley 235.00 FOB Hm Soymeal 399.93 - 403.23 DDG's FOB Srn, Wndr, Aylm 155.00 - 185.00