FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, November 3 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0092 down 0.0007 Chicago corn closed slightly to moderately higher. DEC10 HI 5.82 1/4 DEC11 HI 5.49 1/2 LOW 5.68 3/4 LOW 5.40 1/4 CLOSE5.81 Up 5 1/4 CLOSE 5.49 1/2 Up 4 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 4.96 195.27 -0.85 4.65 182.87 CK High -0.80 5.01 197.23 -0.80 4.70 184.83 CK Avg -0.83 -0.88 4.98 195.92 -0.83 -0.89 4.67 183.85 Essex Cty -0.80 5.01 197.23 -0.80 4.70 184.83 Mdsx Low -0.85 4.96 195.27 -0.85 4.65 182.87 Mdsx High -0.80 5.01 197.23 -0.80 4.70 184.83 Mdsx Avg -0.83 -0.88 4.98 195.92 -0.83 -0.90 4.66 183.52 Hensall -0.83 4.99 196.25 -0.83 4.67 183.85 Bruce -0.85 4.96 195.27 -0.85 4.65 182.87 Putnam -0.85 4.96 195.27 -0.85 4.65 182.87 Princeton -0.80 5.01 197.23 -0.80 4.70 184.83 Durham -1.20 4.61 181.49 -0.85 4.65 182.87 Norfolk -0.85 4.96 195.27 -0.80 4.70 184.83 Trenton -0.95 4.86 191.33 -0.90 4.60 180.90 Winchester -0.75 5.06 199.20 -0.70 4.80 188.77 North Gower N/A N/A Huron FOB -0.80 5.01 197.23 -0.80 4.70 184.83 Kent FOB -0.85 4.96 195.27 -0.80 4.70 184.83 Lamb FOB -0.85 4.96 195.27 -0.80 4.70 184.83 Mdsx FOB -0.85 -0.85 -0.80 -0.75 4.96 195.27 -0.85 4.65 182.87 FOB SW Que -0.90 4.91 193.30 -0.50 5.00 196.64 Track -0.40 5.41 212.98N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 4.85 190.74 Jhnstwn-Eth N/A N/A N/A N/A -0.50 5.00 196.64 Aylmer-Eth N/A -0.90 -0.80 -0.80 N/A Sarn-Eth N/A -0.50 -0.50 -0.40 N/A Cllngwd-Eth -0.65N/A N/A N/A 5.16 203.14N/A London-Cas N/A -0.80 -0.75 -0.75 -0.55 4.95 194.68 Pt.Colb-Cas N/A -0.75 -0.55 -0.50 -0.80 4.70 184.83 Cardnl-Cas N/A N/A N/A N/A -0.35 5.15 202.55 W O Feed -0.52 -0.53 5.29 208.10 US Rep 0.00 -0.01 5.81 228.73 Toledo El. -0.26 5.55 218.42 -0.48 5.02 197.61 TRANSFER Sarnia -0.80 5.01 197.23 -0.80 4.70 184.83 Pt. Stanley -0.90 4.91 193.30 -1.00 4.50 176.96 Hamilton -0.86 4.95 194.87 -0.51 4.99196 1/4 MID SD CRN -0.82 1/2 4.98 1/2 HI SD CRN -0.80 5.01 Bank of Canada Noon exchange rate was 1.0092 down 0.0007 Chicago soybeans closed slightly higher. JAN11 HI 12.41 NOV11 HI 11.88 LOW 12.22 1/4 LOW 11.70 1/4 CLOSE12.37 1/2 Up 3 1/2 CLOSE 11.86 1/2 Up 7 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR11 CK Low -1.50 10.88 399.59-1.17 10.70 392.97 CK High -1.35 11.03 405.10-1.00 10.87 399.22 CK Average -1.43 -1.5210.94 402.01-1.05-1.1910.82 397.38 Essex Cty -1.33 11.05 405.83-1.14 10.73 394.08 Mdsx Low -1.50 10.88 399.59-1.09 10.78 395.91 Mdsx High -1.39 10.99 403.63-1.03 10.84 398.12 Mdsx Average -1.44 -1.5310.93 401.67-1.06-1.2010.81 397.14 Hensall -1.50 10.88 399.59-1.08 10.79 396.46 Bruce -1.45 10.93 401.43-1.05 10.82 397.38 Putnam -1.45 10.93 401.43-1.05 10.82 397.38 Princeton -1.33 11.05 405.83-1.19 10.68 392.24 Durham -1.41 10.97 402.89-1.11 10.76 395.18 Norfolk -1.34 11.04 405.47-1.14 10.73 394.08 Trenton -1.40 10.98 403.26-1.15 10.72 393.71 Winchester -1.25 11.13 408.77-1.00 10.87 399.22 North Gower N/A N/A Huron FOB -1.35 11.03 405.10-1.05 10.82 397.38 Kent FOB -1.39 10.99 403.63-1.14 10.73 394.08 Lambton FOB -1.39 10.99 403.63-1.14 10.73 394.08 Middlesex FOB-1.22-0.91-0.86 N/A 11.16 409.88-1.12 10.75 394.81 PROCESSORS Hamilton -0.81-0.51-0.43-0.37 11.57 424.94-0.69 11.18 410.61 Windsor -0.82-0.46-0.41-0.40 11.56 424.57-0.74 11.13 408.77 Winchester -1.08 11.30 415.02-0.83 11.04 405.47 TRANSFER Hamilton -0.90-0.70 N/A N/A 11.48 421.63-0.65 11.22 412.08 Pt. Stanley -1.35 11.03 405.10-1.00 10.87 399.22 Sarnia -0.95 11.43 419.80-0.63 11.24 412.82 Owen Sound N/A N/A Sorel QC -0.32 12.06 442.95-0.13 11.74 431.19 Toledo El. -0.37 12.00 441.01-0.54 11.33 416.26 Bank of Canada Noon exchange rate was 1.0092 down 0.0007 Chicago wheat closed slightly lower. DEC10 HI 6.99 1/2 JUL11 HI 7.70 1/2 LOW 6.80 1/2 LOW 7.54 1/4 CLOSE 6.90 1/4 Down 4 CLOSE 7.64 3/4 Down 1 Minni wheat closed mixed. DEC10 HI 7.95 SEP11 HI 8.05 LOW 7.48 3/4 LOW 7.79 1/2 CLOSE 7.62 1/4 Down 1/2 CLOSE 7.93 Up 3 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.06 -0.86 -1.51 -0.90 CAD $/bu 5.84 6.05 5.39 6.72 CAD $/tonne 214.75 222.15 198.10 246.95 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 -1.10 -1.90 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 -0.82 N/A N/A N/A -1.04 Essex N/A N/A -1.74 N/A N/A N/A -2.05 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 -0.74 -1.35 -0.55 N/A -1.02 -1.98 -0.79 Mitchell -0.80 -0.70 -1.55 N/A -1.15 -1.00 -1.90 N/A Thornton N/A N/A N/A -1.22 N/A N/A N/A -1.27 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 0.65 -0.55 N/A 0.34 -0.21 -0.01 N/A Toledo El. 6.15US 6.20CA 6.52US 6.59CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.22 -0.92 -1.63 -1.02 CAD $/bu 6.42 6.73 6.02 6.91 CAD $/tonne 235.99 247.15 221.12 253.93 (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 305.00 Bayport Barley 235.00 FOB Hm Soymeal 395.63 - 397.83 DDG's FOB Srn, Wndr, Aylm 155.00 - 190.00