FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, November 4 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0024 down 0.0068 Chicago corn closed slightly to moderately higher. DEC10 HI 5.95 3/4 DEC11 HI 5.58 LOW 5.80 1/2 LOW 5.48 CLOSE5.90 Up 9 CLOSE 5.54 1/2 Up 5 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 5.05 198.81 -0.85 4.70 184.83 CK High -0.85 5.05 198.81 -0.85 4.70 184.83 CK Avg -0.85 -0.88 5.05 198.81 -0.85 -0.90 4.70 184.83 Essex Cty -0.85 5.05 198.81 -0.85 4.70 184.83 Mdsx Low -0.85 5.05 198.81 -0.85 4.70 184.83 Mdsx High -0.85 5.05 198.81 -0.85 4.70 184.83 Mdsx Avg -0.85 -0.88 5.05 198.81 -0.85 -0.90 4.70 184.83 Hensall -0.85 5.05 198.81 -0.85 4.70 184.83 Bruce -0.85 5.05 198.81 -0.85 4.70 184.83 Putnam -0.85 5.05 198.81 -0.85 4.70 184.83 Princeton -0.85 5.05 198.81 -0.85 4.70 184.83 Durham -1.20 4.70 185.03 -0.85 4.70 184.83 Norfolk -0.85 5.05 198.81 -0.85 4.70 184.83 Trenton -0.95 4.95 194.87 -0.90 4.65 182.87 Winchester -0.80 5.10 200.78 -0.75 4.80 188.77 North Gower N/A N/A Huron FOB -0.85 5.05 198.81 -0.85 4.70 184.83 Kent FOB -0.85 5.05 198.81 -0.85 4.70 184.83 Lamb FOB -0.85 5.05 198.81 -0.85 4.70 184.83 Mdsx FOB -0.85 -0.85 -0.80 -0.75 5.05 198.81 -0.85 4.70 184.83 FOB SW Que -0.90 5.00 196.84 -0.50 5.05 198.61 Track -0.40 5.50 216.53N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 4.90 192.71 Jhnstwn-Eth N/A N/A N/A N/A -0.50 5.05 198.61 Aylmer-Eth N/A -0.95 -0.85 -0.85 N/A Sarn-Eth N/A -0.60 -0.60 -0.50 N/A Cllngwd-Eth -0.65N/A N/A N/A 5.25 206.68N/A London-Cas N/A -0.80 -0.75 -0.75 -0.55 5.00 196.64 Pt.Colb-Cas N/A -0.75 -0.55 -0.50 -0.50 5.05 198.61 Cardnl-Cas N/A N/A N/A N/A -0.35 5.20 204.52 W O Feed -0.52 -0.53 5.38 211.64 US Rep 0.00 0.00 5.90 232.27 Toledo El. -0.26 5.64 221.99 -0.47 5.07 199.63 TRANSFER Sarnia -0.85 5.05 198.81 -0.85 4.70 184.83 Pt. Stanley -0.88 5.02 197.63 -1.04 4.51 177.35 Hamilton -0.85 5.05 198.81 -0.53 5.02197 3/7 MID SD CRN -0.85 5.05 HI SD CRN -0.85 5.05 Bank of Canada Noon exchange rate was 1.0024 down 0.0068 Chicago soybeans closed higher. JAN11 HI 12.79 NOV11 HI 12.21 1/2 LOW 12.38 1/2 LOW 11.86 CLOSE12.74 3/4 Up 37 1/4 CLOSE 12.15 1/2 Up 29 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR11 CK Low -1.50 11.25 413.27-1.23 10.93 401.43 CK High -1.41 11.34 416.58-1.03 11.13 408.77 CK Average -1.47 -1.5311.28 414.45-1.11-1.2211.04 405.76 Essex Cty -1.33 11.42 419.52-1.14 11.02 404.73 Mdsx Low -1.50 11.25 413.27-1.27 10.89 399.96 Mdsx High -1.44 11.31 415.48-1.03 11.13 408.77 Mdsx Average -1.47 -1.5311.28 414.38-1.13-1.2411.02 404.98 Hensall -1.48 11.27 414.19-1.08 11.08 407.12 Bruce -1.45 11.30 415.11-1.10 11.06 406.20 Putnam -1.45 11.30 415.11-1.05 11.11 408.04 Princeton -1.33 11.42 419.52-1.19 10.97 402.89 Durham -1.47 11.28 414.38-1.22 10.94 401.79 Norfolk -1.42 11.33 416.21-1.22 10.94 401.79 Trenton -1.45 11.30 415.11-1.20 10.96 402.53 Winchester -1.31 11.44 420.26-1.06 11.10 407.67 North Gower N/A N/A Huron FOB -1.30 11.45 420.62-1.00 11.16 409.88 Kent FOB -1.47 11.28 414.38-1.22 10.94 401.79 Lambton FOB -1.47 11.28 414.38-1.22 10.94 401.79 Middlesex FOB-1.30-1.00-0.95 N/A 11.45 420.62-1.20 10.96 402.53 PROCESSORS Hamilton -0.95-0.65-0.58-0.52 11.80 433.48-0.78 11.38 417.96 Windsor -0.89-0.54-0.49-0.48 11.86 435.69-0.81 11.35 416.86 Winchester -1.15 11.60 426.14-0.90 11.26 413.55 TRANSFER Hamilton -0.90-0.70 N/A N/A 11.85 435.32-0.70 11.46 420.90 Pt. Stanley -1.35 11.40 418.79-1.20 10.96 402.53 Sarnia -0.95 11.80 433.48-0.63 11.53 423.47 Owen Sound N/A N/A Sorel QC -0.32 12.43 456.63-0.13 12.03 441.84 Toledo El. -0.37 12.38 454.73-0.53 11.62 426.97 Bank of Canada Noon exchange rate was 1.0024 down 0.0068 Chicago wheat closed higher. DEC10 HI 7.19 1/2 JUL11 HI 7.91 LOW 6.92 3/4 LOW 7.67 CLOSE 7.13 3/4 Up 23 1/2 CLOSE 7.87 Up 22 1/4 Minni wheat closed higher. DEC10 HI 7.87 SEP11 HI 8.18 LOW 7.63 1/4 LOW 7.95 3/4 CLOSE 7.84 3/4 Up 22 1/2 CLOSE 8.14 1/4 Up 21 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.92 -0.77 -1.07 -0.92 CAD $/bu 6.22 6.37 6.06 6.93 CAD $/tonne 228.38 233.92 222.84 254.59 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 -0.99 -0.89 -1.64 N/A -1.29 -1.14 -2.09 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 -1.78 N/A N/A N/A -2.08 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 -0.75 -1.58 N/A N/A -1.05 -2.07 N/A Brigden N/A -0.75 -1.58 N/A N/A -1.05 -2.07 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 -1.15 N/A N/A N/A -1.31 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 -0.65 N/A N/A N/A -1.65 N/A Pt. Stanley N/A N/A -1.10 N/A N/A N/A -2.10 N/A PROCESSORS Toledo FM N/A 0.63 -0.57 N/A 0.32 -0.23 -0.03 N/A Toledo El. 6.49US 6.52CA 6.84US 6.90CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.24 -0.94 -1.65 -1.04 CAD $/bu 6.63 6.93 6.22 7.10 CAD $/tonne 243.52 254.64 228.70 261.04 (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 405.88 - 408.08 DDG's FOB Srn, Wndr, Aylm 155.00 - 190.00