FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 19 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0208 up 0.0034 Chicago corn closed lower to sharply lower. DEC10 HI 5.48 1/4 DEC11 HI 5.14 1/2 LOW 5.18 1/2 LOW 4.87 CLOSE5.20 3/4 Down 21 CLOSE 4.91 Down 17 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 -0.80 4.41 173.52 -0.80 4.11 161.80 CK High -0.75 4.46 175.48 -0.80 4.11 161.80 CK Avg -0.76 -0.86 4.45 175.16 -0.80 -0.93 4.11 161.80 Essex Cty -0.80 4.41 173.52 -0.80 4.11 161.80 Mdsx Low -0.80 4.41 173.52 -0.80 4.11 161.80 Mdsx High -0.75 4.46 175.48 -0.80 4.11 161.80 Mdsx Avg -0.77 -0.87 4.44 174.83 -0.80 -0.93 4.11 161.80 Hensall -0.78 4.43 174.50 -0.78 4.14 162.79 Bruce -0.75 4.46 175.48 -0.80 4.11 161.80 Putnam -0.80 4.41 173.52 -0.80 4.11 161.80 Princeton -0.80 4.41 173.52 -0.80 4.11 161.80 Durham -1.05 4.16 163.67 -0.80 4.11 161.80 Norfolk -0.75 4.46 175.48 -0.80 4.11 161.80 Trenton -0.95 4.26 167.61 -0.90 4.01 157.87 Winchester -0.80 4.41 173.52 -0.80 4.11 161.80 North Gower N/A N/A Huron FOB -0.80 4.41 173.52 -0.80 4.11 161.80 Kent FOB -0.75 4.46 175.48 -0.80 4.11 161.80 Lamb FOB -0.75 4.46 175.48 -0.80 4.11 161.80 Mdsx FOB -0.75 -0.75 -0.70N/A 4.46 175.48 -0.80 4.11 161.80 FOB SW Que -0.50 4.71 185.33 -0.55 4.36 171.65 Track -0.43 4.78 188.28N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 4.26 167.71 Jhnstwn-Eth N/A N/A N/A N/A -0.50 4.41 173.61 Aylmer-Eth N/A -0.95 -0.85 -0.85 N/A Sarn-Eth N/A N/A -0.60 -0.45 N/A Cllngwd-Eth -0.55N/A N/A N/A 4.66 183.36N/A London-Cas N/A -0.85 -0.75 -0.75 -0.55 4.36 171.65 Pt.Colb-Cas N/A N/A -0.60 -0.50 -0.50 4.41 173.61 Cardnl-Cas N/A N/A N/A N/A -0.35 4.56 179.52 W O Feed -0.44 -0.46 4.77 187.69 US Rep 0.25 0.23 5.46 214.85 Toledo El. -0.06 5.15 202.60 -0.48 4.43 174.31 TRANSFER Sarnia -0.80 4.41 173.52 -0.80 4.11 161.80 Pt. Stanley -0.86 4.35 171.15 -0.83 4.08 160.62 Hamilton -0.64 4.57 179.81 -0.47 4.44174 4/5 MID SD CRN -0.77 1/2 4.43 1/4 HI SD CRN -0.75 4.45 3/4 Bank of Canada Noon exchange rate was 1.0208 up 0.0034 Chicago soybeans closed lower. JAN11 HI 12.56 NOV11 HI 11.67 LOW 12.00 1/2 LOW 11.24 CLOSE12.01 1/2 Down 40 1/2 CLOSE 11.25 3/4 Down 34 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR11 CK Low -1.32 10.70 392.97-1.09 10.17 373.59 CK High -0.85 11.17 410.24-1.00 10.26 376.90 CK Average -1.04 -1.2710.98 403.26-1.04-1.3410.22 375.43 Essex Cty -1.24 10.78 395.91-1.03 10.23 375.80 Mdsx Low -1.27 10.75 394.81-1.10 10.16 373.22 Mdsx High -0.95 11.07 406.57-1.00 10.26 376.90 Mdsx Average -1.07 -1.3010.94 402.04-1.06-1.3510.20 374.82 Hensall -1.05 10.97 402.89-1.08 10.18 374.14 Bruce -1.00 11.02 404.73-1.05 10.21 375.06 Putnam -1.05 10.97 402.89-1.05 10.21 375.06 Princeton -1.24 10.78 395.91-1.01 10.25 376.53 Durham -0.97 11.05 405.83-1.09 10.17 373.59 Norfolk -0.95 11.07 406.57-1.02 10.24 376.16 Trenton -1.00 11.02 404.73-1.10 10.16 373.22 Winchester -0.80 11.22 412.08-0.82 10.44 383.51 North Gower N/A N/A Huron FOB -1.00 11.02 404.73-0.95 10.31 378.74 Kent FOB -1.00 11.02 404.73-1.02 10.24 376.16 Lambton FOB -1.00 11.02 404.73-1.02 10.24 376.16 Middlesex FOB-0.68-0.48-0.63 N/A 11.34 416.49-0.90 10.36 380.57 PROCESSORS Hamilton -0.58-0.43-0.35-0.30 11.44 420.16-0.57 10.69 392.70 Windsor -0.57-0.57-0.52-0.50 11.45 420.53-0.76 10.50 385.72 Winchester -0.89 11.13 408.77-0.72 10.54 387.19 TRANSFER Hamilton -0.40-0.30 N/A N/A 11.62 426.78-0.60 10.66 391.60 Pt. Stanley -0.85 11.17 410.24-1.05 10.21 375.06 Sarnia -0.99 11.03 405.10-0.58 10.68 392.33 Owen Sound N/A N/A Sorel QC -0.05 11.97 439.64-0.15 11.11 408.13 Toledo El. -0.29 11.73 430.99-0.54 10.71 393.66 Bank of Canada Noon exchange rate was 1.0208 up 0.0034 Chicago wheat closed slightly lower. DEC10 HI 6.57 3/4 JUL11 HI 7.32 LOW 6.36 1/4 LOW 7.12 3/4 CLOSE 6.44 1/2 Down 3/4 CLOSE 7.20 1/4 Down 1/4 Minni wheat closed narrowly mixed. DEC10 HI 7.35 1/4 SEP11 HI 7.66 1/2 LOW 7.18 LOW 7.58 CLOSE 7.25 3/4 Up 1 3/4 CLOSE 7.58 1/2 Down 1 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.64 -0.39 -0.64 -0.68 CAD $/bu 5.80 6.06 5.80 6.58 CAD $/tonne 213.26 222.63 213.26 241.82 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 -0.70 -1.05 N/A N/A -1.00 -1.94 N/A London -0.68 -0.63 -1.19 N/A -1.18 -1.02 -1.99 N/A Hensall -0.70 N/A -1.00 N/A -1.05 N/A -1.85 N/A Trenton N/A N/A N/A N/A N/A N/A -1.90 N/A Winchester N/A N/A N/A -0.71 N/A N/A N/A -1.03 Essex N/A N/A -1.24 N/A N/A N/A -2.01 N/A Norwich -0.70 N/A -1.10 N/A -1.05 N/A -1.95 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.70 N/A -1.10 N/A -1.05 N/A -1.95 N/A Chatham N/A -0.65 -1.10 N/A N/A -1.00 -1.95 N/A Brigden N/A -0.65 -1.10 N/A N/A -1.00 -1.95 N/A Palmerston N/A -0.49 -1.02 -0.39 N/A -0.88 -1.61 -0.73 Mitchell -0.70 -0.60 -1.10 N/A -1.05 -0.90 -1.95 N/A Thornton N/A N/A N/A -0.93 N/A N/A N/A -1.28 North Gower N/A N/A N/A N/A N/A N/A N/A N/A TERMINAL Sarnia -0.04 0.16 -0.20 N/A -0.92 -0.61 -1.59 N/A Hamilton N/A N/A -0.20 N/A N/A N/A -1.55 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 0.73 -0.28 N/A 0.45 -0.12 -0.63 N/A Toledo El. 6.00US 6.11CA 6.17US 6.33CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.14 -0.79 -1.56 -0.88 CAD $/bu 6.06 6.42 5.65 6.71 CAD $/tonne 222.58 235.78 207.49 246.43 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 250.00 - 260.00 Bayport Oats 305.00 Bayport Barley 235.00 FOB Hm Soymeal 381.19 - 384.49 DDG's FOB Srn, Wndr, Aylm 165.00 - 200.00