FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 12 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.008 up 0.0063 Chicago corn closed limit down. DEC10 HI 5.66 1/2 DEC11 HI 5.39 LOW 5.34 LOW 5.09 1/4 CLOSE5.34 Down 30 CLOSE 5.09 1/4 Down 30 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR11+MAR11+MAR11 CK Low -0.90 4.44 174.80 -0.90 4.19 165.05 CK High -0.85 4.49 176.76 -0.85 4.24 167.02 CK Avg -0.89 -0.94 4.45 175.12 -0.86 -0.95 4.23 166.69 Essex Cty -0.90 4.44 174.80 -0.90 4.19 165.05 Mdsx Low -0.90 4.44 174.80 -0.90 4.19 165.05 Mdsx High -0.90 4.44 174.80 -0.85 4.24 167.02 Mdsx Avg -0.90 -0.95 4.44 174.80 -0.87 -0.96 4.23 166.36 Hensall -0.88 4.47 175.78 -0.83 4.27 168.00 Bruce -0.90 4.44 174.80 -0.90 4.19 165.05 Putnam -0.90 4.44 174.80 -0.90 4.19 165.05 Princeton -0.90 4.44 174.80 -0.90 4.19 165.05 Durham -1.20 4.14 162.98 -0.85 4.24 167.02 Norfolk -0.90 4.44 174.80 -0.85 4.24 167.02 Trenton -0.95 4.39 172.83 -0.90 4.19 165.05 Winchester -0.85 4.49 176.76 -0.75 4.34 170.96 North Gower N/A N/A Huron FOB -0.85 4.49 176.76 -0.75 4.34 170.96 Kent FOB -0.90 4.44 174.80 -0.85 4.24 167.02 Lamb FOB -0.90 4.44 174.80 -0.85 4.24 167.02 Mdsx FOB -0.90 -0.90 -0.85N/A 4.44 174.80 -0.85 4.24 167.02 FOB SW Que -0.75 4.59 180.70 -0.65 4.44 174.89 Track -0.53 4.82 189.56N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 4.44 174.89 Jhnstwn-Eth N/A N/A N/A N/A -0.50 4.59 180.80 Aylmer-Eth N/A -0.95 -0.85 -0.85 N/A Sarn-Eth N/A N/A -0.70 -0.55 N/A Cllngwd-Eth -0.65N/A N/A N/A 4.69 184.64N/A London-Cas N/A -0.85 -0.75 -0.75 -0.55 4.54 178.83 Pt.Colb-Cas N/A N/A -0.60 -0.50 -0.50 4.59 180.80 Cardnl-Cas N/A N/A N/A N/A -0.35 4.74 186.70 W O Feed -0.61 -0.62 4.73 186.21 US Rep 0.10 0.09 5.44 214.16 Toledo El. -0.23 5.11 201.08 -0.48 4.61 181.65 TRANSFER Sarnia -0.90 4.44 174.80 -0.90 4.19 165.05 Pt. Stanley -0.90 4.44 174.80 -0.86 4.23 166.63 Hamilton -0.85 4.49 176.76 -0.51 4.58180 2/5 MID SD CRN -0.87 1/2 4.46 1/2 HI SD CRN -0.85 4.49 Bank of Canada Noon exchange rate was 1.008 up 0.0063 Chicago soybeans closed limit down. JAN11 HI 13.48 1/2 NOV11 HI 12.53 LOW 12.69 LOW 11.77 CLOSE12.69 Down 70 CLOSE 11.77 Down 70 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR11 CK Low -1.57 11.12 408.59-1.25 10.52 386.54 CK High -1.50 11.19 411.16-1.20 10.57 388.38 CK Average -1.54 -1.6711.15 409.62-1.23-1.4410.54 387.13 Essex Cty -1.44 11.25 413.37-1.29 10.48 385.07 Mdsx Low -1.61 11.08 407.12-1.25 10.52 386.54 Mdsx High -1.43 11.26 413.73-1.22 10.55 387.65 Mdsx Average -1.53 -1.6511.16 410.06-1.23-1.4410.54 387.16 Hensall -1.50 11.19 411.16-1.20 10.57 388.38 Bruce -1.55 11.14 409.32-1.25 10.52 386.54 Putnam -1.55 11.14 409.32-1.25 10.52 386.54 Princeton -1.52 11.17 410.43-1.30 10.47 384.71 Durham -1.45 11.24 413.00-1.25 10.52 386.54 Norfolk -1.43 11.26 413.73-1.18 10.59 389.12 Trenton -1.40 11.29 414.84-1.20 10.57 388.38 Winchester -1.26 11.43 419.98-0.96 10.81 397.20 North Gower N/A N/A Huron FOB -1.25 11.44 420.35-1.05 10.72 393.89 Kent FOB -1.48 11.21 411.90-1.18 10.59 389.12 Lambton FOB -1.48 11.21 411.90-1.18 10.59 389.12 Middlesex FOB-1.21-1.01-0.96 N/A 11.48 421.82-1.16 10.61 389.85 PROCESSORS Hamilton -0.66-0.61-0.54-0.54 12.03 442.03-0.70 11.07 406.75 Windsor -1.01-0.66-0.60-0.60 11.68 429.17-0.84 10.93 401.61 Winchester -1.25 11.44 420.35-1.00 10.77 395.73 TRANSFER Hamilton -0.75-0.65 N/A N/A 11.94 438.72-0.70 11.07 406.75 Pt. Stanley -1.20 11.49 422.19-1.30 10.47 384.71 Sarnia -1.01 11.68 429.17-0.82 10.95 402.34 Owen Sound N/A N/A Sorel QC -0.50 12.19 447.91-0.30 11.47 421.45 Toledo El. -0.33 12.36 454.03-0.54 11.23 412.65 Bank of Canada Noon exchange rate was 1.008 up 0.0063 Chicago wheat closed lower. DEC10 HI 7.10 3/4 JUL11 HI 7.89 1/4 LOW 6.61 1/4 LOW 7.37 3/4 CLOSE 6.69 1/4 Down 34 3/4 CLOSE 7.44 3/4 Down 38 1/2 Minni wheat closed lower. DEC10 HI 7.81 SEP11 HI 8.16 LOW 7.35 1/2 LOW 7.72 CLOSE 7.44 3/4 Down 32 CLOSE 7.78 Down 37 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.69 -0.44 -0.69 -0.73 CAD $/bu 6.00 6.25 6.00 6.71 CAD $/tonne 220.49 229.76 220.49 246.65 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 -1.10 -2.10 N/A London -0.87 -0.82 -1.57 N/A -1.17 -1.12 -2.07 N/A Hensall -0.80 N/A -1.40 N/A -1.25 N/A -2.10 N/A Trenton N/A N/A -1.75 N/A N/A N/A -2.05 N/A Winchester N/A N/A N/A -0.87 N/A N/A N/A -1.09 Essex N/A N/A -1.29 N/A N/A N/A -2.15 N/A Norwich -0.80 N/A -1.50 N/A -1.25 N/A -2.10 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 -1.50 N/A -1.25 N/A -2.10 N/A Chatham N/A -0.75 -1.35 N/A N/A -1.05 -2.05 N/A Brigden N/A -0.75 -1.35 N/A N/A -1.05 -2.05 N/A Palmerston N/A -0.75 -1.07 -0.56 N/A -1.02 -1.66 -0.80 Mitchell -0.80 -0.70 -1.50 N/A -1.25 -1.10 -2.10 N/A Thornton N/A N/A N/A -1.03 N/A N/A N/A -1.30 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 -1.31 -0.78 -1.69 N/A Hamilton N/A N/A -0.35 N/A N/A N/A -1.60 N/A Pt. Stanley N/A N/A -0.70 N/A N/A N/A -2.05 N/A PROCESSORS Toledo FM N/A 0.67 -0.34 N/A 0.39 -0.17 -0.68 N/A Toledo El. 6.14US 6.20CA 6.42US 6.53CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.19 -0.83 -1.60 -0.93 CAD $/bu 6.26 6.61 5.85 6.85 CAD $/tonne 229.91 242.99 214.95 251.69 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 260.00 Bayport Oats 305.00 Bayport Barley 235.00 FOB Hm Soymeal 391.00 - 397.61 DDG's FOB Srn, Wndr, Aylm 165.00 - 195.00