FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, November 8 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0022 up 0.0007 Chicago corn closed slightly lower. DEC10 HI 5.92 DEC11 HI 5.58 LOW 5.84 1/2 LOW 5.52 CLOSE5.85 1/4 Down 2 1/2 CLOSE 5.53 Down 2 1/4 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 5.00 196.94 -0.85 4.68 184.24 CK High -0.85 5.00 196.94 -0.85 4.68 184.24 CK Avg -0.85 -0.87 5.00 196.94 -0.85 -0.89 4.68 184.24 Essex Cty -0.85 5.00 196.94 -0.85 4.68 184.24 Mdsx Low -0.85 5.00 196.94 -0.85 4.68 184.24 Mdsx High -0.85 5.00 196.94 -0.85 4.68 184.24 Mdsx Avg -0.85 -0.87 5.00 196.94 -0.85 -0.89 4.68 184.24 Hensall -0.85 5.00 196.94 -0.85 4.68 184.24 Bruce -0.85 5.00 196.94 -0.85 4.68 184.24 Putnam -0.85 5.00 196.94 -0.85 4.68 184.24 Princeton -0.85 5.00 196.94 -0.85 4.68 184.24 Durham -1.20 4.65 183.16 -0.85 4.68 184.24 Norfolk -0.85 5.00 196.94 -0.85 4.68 184.24 Trenton -0.95 4.90 193.00 -0.90 4.63 182.28 Winchester -0.75 5.10 200.88 -0.75 4.78 188.18 North Gower N/A N/A Huron FOB -0.85 5.00 196.94 -0.85 4.68 184.24 Kent FOB -0.85 5.00 196.94 -0.85 4.68 184.24 Lamb FOB -0.85 5.00 196.94 -0.85 4.68 184.24 Mdsx FOB -0.85 -0.85 -0.80 -0.75 5.00 196.94 -0.85 4.68 184.24 FOB SW Que -0.90 4.95 194.97 -0.50 5.03 198.02 Track -0.50 5.35 210.72N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 4.88 192.12 Jhnstwn-Eth N/A N/A N/A N/A -0.50 5.03 198.02 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 5.20 204.81N/A London-Cas N/A -0.85 -0.75 -0.75 -0.55 4.98 196.05 Pt.Colb-Cas N/A N/A -0.60 -0.50 -0.50 5.03 198.02 Cardnl-Cas N/A N/A N/A N/A -0.35 5.18 203.93 W O Feed -0.56 -0.56 5.29 208.36 US Rep 0.10 0.10 5.95 234.34 Toledo El. -0.23 5.62 221.32 -0.47 5.06 199.07 TRANSFER Sarnia -0.85 5.00 196.94 -0.85 4.68 184.24 Pt. Stanley -0.89 4.96 195.36 -1.05 4.48 176.37 Hamilton -0.86 4.99 196.55 -0.54 4.99196 4/9 MID SD CRN -0.85 5.00 1/4 HI SD CRN -0.85 5.00 1/4 Bank of Canada Noon exchange rate was 1.0022 up 0.0007 Chicago soybeans closed slightly lower. JAN11 HI 12.89 1/2 NOV11 HI 12.29 LOW 12.74 LOW 12.14 3/4 CLOSE12.74 3/4 Down 9 1/4 CLOSE 12.14 3/4 Down 7 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR11 CK Low -1.50 11.25 413.27-1.22 10.93 401.52 CK High -1.45 11.30 415.11-1.09 11.06 406.29 CK Average -1.48 -1.5311.26 413.86-1.15-1.2411.00 404.02 Essex Cty -1.45 11.30 415.11-1.19 10.96 402.62 Mdsx Low -1.51 11.24 412.91-1.20 10.95 402.25 Mdsx High -1.45 11.30 415.11-1.09 11.06 406.29 Mdsx Average -1.49 -1.5311.26 413.76-1.15-1.2411.00 404.09 Hensall -1.48 11.27 414.19-1.18 10.97 403.17 Bruce -1.50 11.25 413.27-1.20 10.95 402.25 Putnam -1.50 11.25 413.27-1.20 10.95 402.25 Princeton -1.45 11.30 415.11-1.25 10.90 400.41 Durham -1.47 11.28 414.38-1.18 10.97 402.99 Norfolk -1.49 11.26 413.64-1.20 10.95 402.25 Trenton -1.45 11.30 415.11-1.20 10.95 402.25 Winchester -1.29 11.46 420.99-1.04 11.11 408.13 North Gower N/A N/A Huron FOB -1.30 11.45 420.62-1.10 11.05 405.93 Kent FOB -1.54 11.21 411.81-1.20 10.95 402.25 Lambton FOB -1.54 11.21 411.81-1.20 10.95 402.25 Middlesex FOB-1.23-0.98-0.93-0.93 11.52 423.20-1.12 11.03 405.19 PROCESSORS Hamilton -0.86-0.66-0.59-0.53 11.89 436.79-0.74 11.41 419.15 Windsor -1.15-0.65-0.60-0.59 11.60 426.14-0.82 11.33 416.21 Winchester -1.21 11.54 423.93-0.96 11.19 411.07 TRANSFER Hamilton -0.95-0.75 N/A N/A 11.80 433.48-0.70 11.45 420.62 Pt. Stanley -1.35 11.40 418.79-1.10 11.05 405.93 Sarnia -1.04 11.71 430.18-0.69 11.46 420.99 Owen Sound N/A N/A Sorel QC -0.32 12.43 456.63-0.13 12.02 441.57 Toledo El. -0.33 12.42 456.22-0.53 11.61 426.72 Bank of Canada Noon exchange rate was 1.0022 up 0.0007 Chicago wheat closed slightly higher. DEC10 HI 7.39 JUL11 HI 8.11 LOW 7.21 LOW 7.95 1/4 CLOSE 7.36 1/4 Up 7 1/2 CLOSE 8.10 1/2 Up 8 Minni wheat closed slightly higher. DEC10 HI 8.05 3/4 SEP11 HI 8.36 LOW 7.89 1/2 LOW 8.21 1/4 CLOSE 8.03 3/4 Up 6 3/4 CLOSE 8.33 1/4 Up 5 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.93 -0.78 -0.93 -0.93 CAD $/bu 6.43 6.58 6.43 7.11 CAD $/tonne 236.40 241.93 236.40 261.28 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 -1.65 N/A N/A -1.15 -1.90 N/A London -0.98 -0.89 -1.63 N/A -1.25 -1.13 -2.08 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 -1.48 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 -0.78 -1.58 N/A N/A -1.08 -2.07 N/A Brigden N/A -0.78 -1.58 N/A N/A -1.08 -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 -1.11 N/A N/A N/A -1.26 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 -1.22 -0.76 -1.72 N/A Hamilton N/A N/A -0.60 N/A N/A N/A -1.65 N/A Pt. Stanley N/A N/A -1.05 N/A N/A N/A -2.10 N/A PROCESSORS Toledo FM N/A 0.63 -0.58 N/A 0.31 -0.24 -0.04 N/A Toledo El. 6.81US 6.84CA 7.08US 7.13CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.25 -0.95 -1.65 -1.05 CAD $/bu 6.86 7.16 6.45 7.29 CAD $/tonne 251.91 263.01 237.10 267.73 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 250.00 - 258.00 Bayport Oats 305.00 Bayport Barley 235.00 FOB Hm Soymeal 400.04 DDG's FOB Srn, Wndr, Aylm 155.00 - 190.00