FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, November 2 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0099 down 0.0261 Chicago corn closed mixed. DEC10 HI 5.83 DEC11 HI 5.45 LOW 5.72 1/4 LOW 5.38 CLOSE5.75 3/4 Down 1 1/2 CLOSE 5.44 3/4 Up 4 1/2 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 4.91 193.20 -0.85 4.60 181.00 CK High -0.80 4.96 195.17 -0.80 4.65 182.96 CK Avg -0.83 -0.89 4.92 193.86 -0.83 -0.92 4.61 181.65 Essex Cty -0.80 4.96 195.17 -0.80 4.65 182.96 Mdsx Low -0.85 4.91 193.20 -0.85 4.60 181.00 Mdsx High -0.80 4.96 195.17 -0.80 4.65 182.96 Mdsx Avg -0.83 -0.89 4.92 193.86 -0.83 -0.92 4.61 181.65 Hensall -0.83 4.93 194.18 -0.83 4.62 181.98 Bruce -0.85 4.91 193.20 -0.85 4.60 181.00 Putnam -0.85 4.91 193.20 -0.85 4.60 181.00 Princeton -0.80 4.96 195.17 -0.80 4.65 182.96 Durham -1.15 4.61 181.39 -0.85 4.60 181.00 Norfolk -0.85 4.91 193.20 -0.80 4.65 182.96 Trenton -0.95 4.81 189.26 -0.90 4.55 179.03 Winchester -0.75 5.01 197.14 -0.70 4.75 186.90 North Gower N/A N/A Huron FOB -0.85 4.91 193.20 -0.75 4.70 184.93 Kent FOB -0.85 4.91 193.20 -0.80 4.65 182.96 Lamb FOB -0.85 4.91 193.20 -0.80 4.65 182.96 Mdsx FOB -0.85 -0.85 -0.80 -0.75 4.91 193.20 -0.85 4.60 181.00 FOB SW Que -0.90 4.86 191.23 -0.52 4.93 193.99 Track -0.45 5.31 208.95N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.60 4.85 190.84 Jhnstwn-Eth N/A N/A N/A N/A -0.50 4.95 194.77 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 5.06 199.10N/A London-Cas N/A -0.80 -0.75 -0.75 -0.55 4.90 192.81 Pt.Colb-Cas N/A -0.75 -0.55 -0.50 -0.55 4.90 192.81 Cardnl-Cas N/A N/A N/A N/A -0.35 5.10 200.68 W O Feed -0.56 -0.57 5.20 204.62 US Rep 0.00 -0.01 5.76 226.66 Toledo El. -0.26 5.49 216.33 -0.48 4.97 195.68 TRANSFER Sarnia -0.80 4.96 195.17 -0.80 4.65 182.96 Pt. Stanley -0.90 4.86 191.23 -1.00 4.45 175.09 Hamilton -0.86 4.90 192.81 -0.51 4.94194 3/8 MID SD CRN -0.82 1/2 4.93 1/4 HI SD CRN -0.80 4.95 3/4 Bank of Canada Noon exchange rate was 1.0099 down 0.0261 Chicago soybeans closed mixed. JAN11 HI 12.42 1/2 NOV11 HI 11.84 LOW 12.30 1/2 LOW 11.73 1/2 CLOSE12.34 Down 1 CLOSE 11.79 1/2 Up 5 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR11 CK Low -1.50 10.84 398.30-1.17 10.63 390.40 CK High -1.35 10.99 403.81-1.00 10.80 396.65 CK Average -1.43 -1.5510.91 400.80-1.04-1.2210.75 395.03 Essex Cty -1.33 11.01 404.55-1.08 10.72 393.71 Mdsx Low -1.50 10.84 398.30-1.10 10.70 392.97 Mdsx High -1.40 10.94 401.98-1.00 10.80 396.65 Mdsx Average -1.44 -1.5610.90 400.63-1.05-1.2310.75 394.81 Hensall -1.50 10.84 398.30-1.08 10.72 393.89 Bruce -1.50 10.84 398.30-1.05 10.75 394.81 Putnam -1.50 10.84 398.30-1.05 10.75 394.81 Princeton -1.40 10.94 401.98-1.16 10.64 390.77 Durham -1.42 10.92 401.24-1.12 10.68 392.24 Norfolk -1.34 11.00 404.18-1.14 10.66 391.50 Trenton -1.35 10.99 403.81-1.10 10.70 392.97 Winchester -1.18 11.16 410.06-0.93 10.87 399.22 North Gower N/A N/A Huron FOB -1.40 10.94 401.98-1.00 10.80 396.65 Kent FOB -1.39 10.95 402.34-1.14 10.66 391.50 Lambton FOB -1.39 10.95 402.34-1.14 10.66 391.50 Middlesex FOB-1.23-0.93-0.88 N/A 11.11 408.22-1.13 10.67 391.87 PROCESSORS Hamilton -0.83-0.53-0.45-0.40 11.51 422.92-0.71 11.09 407.30 Windsor -0.81-0.45-0.40-0.39 11.53 423.65-0.73 11.07 406.57 Winchester -1.08 11.26 413.73-0.83 10.97 402.89 TRANSFER Hamilton -0.90-0.70 N/A N/A 11.44 420.35-0.65 11.15 409.51 Pt. Stanley -1.35 10.99 403.81-1.00 10.80 396.65 Sarnia -0.89 11.45 420.72-0.59 11.21 411.71 Owen Sound N/A N/A Sorel QC -0.20 12.14 446.07-0.04 11.76 431.92 Toledo El. -0.33 12.01 441.17-0.54 11.26 413.62 Bank of Canada Noon exchange rate was 1.0099 down 0.0261 Chicago wheat closed slightly lower. DEC10 HI 7.12 1/4 JUL11 HI 7.82 LOW 6.92 1/2 LOW 7.62 3/4 CLOSE 6.94 1/4 Down 8 1/4 CLOSE 7.65 3/4 Down 6 3/4 Minni wheat closed slightly lower. DEC10 HI 7.79 SEP11 HI 8.00 LOW 7.59 1/4 LOW 7.87 1/2 CLOSE 7.62 3/4 Down 4 CLOSE 7.89 1/2 Down 4 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.04 -0.84 -1.50 -0.88 CAD $/bu 5.90 6.10 5.45 6.74 CAD $/tonne 216.80 224.22 200.10 247.78 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 -1.05 -0.95 -1.71 N/A -1.35 -1.20 -2.05 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 -0.93 N/A N/A N/A -1.13 Essex N/A N/A -1.74 N/A N/A N/A -1.99 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 -0.70 -1.55 N/A N/A -1.00 -2.04 N/A Brigden N/A -0.70 -1.55 N/A N/A -1.00 -2.04 N/A Palmerston N/A -0.79 -1.44 -0.66 N/A -1.01 -1.86 -0.86 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 -1.23 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 -0.85 N/A N/A N/A -1.55 N/A Pt. Stanley N/A N/A -1.30 N/A N/A N/A -2.05 N/A PROCESSORS Toledo FM N/A 0.67 -0.54 N/A 0.37 -0.19 0.01 N/A Toledo El. N/A 6.53US 6.63CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.20 -0.90 -1.61 -1.00 CAD $/bu 6.45 6.76 6.05 6.90 CAD $/tonne 237.13 248.32 222.21 253.45 (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 399.82 - 403.12 DDG's FOB Srn, Wndr, Aylm 155.00 - 190.00