FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, November 25 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0083 down 0.0025 Chicago corn closed steady. DEC10 HI 5.39 1/2 DEC11 HI 5.08 3/4 LOW 5.28 1/2 LOW 4.94 CLOSE5.38 3/4 Unchanged CLOSE 5.07 3/4 Unchanged OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR11+MAR11+MAR11 CK Low -0.70 4.69 184.54 -0.80 4.28 168.40 CK High -0.65 4.74 186.51 -0.75 4.33 170.37 CK Avg -0.68 -0.73 4.71 185.52 -0.78 -0.85 4.30 169.38 Essex Cty -0.70 4.69 184.54 -0.80 4.28 168.40 Mdsx Low -0.70 4.69 184.54 -0.80 4.28 168.40 Mdsx High -0.65 4.74 186.51 -0.75 4.33 170.37 Mdsx Avg -0.68 -0.73 4.70 185.19 -0.78 -0.86 4.29 169.05 Hensall -0.70 4.69 184.54 -0.75 4.33 170.37 Bruce -0.70 4.69 184.54 -0.80 4.28 168.40 Putnam -0.70 4.69 184.54 -0.80 4.28 168.40 Princeton -0.70 4.69 184.54 -0.80 4.28 168.40 Durham -0.95 4.44 174.70 -0.75 4.33 170.37 Norfolk -0.65 4.74 186.51 -0.75 4.33 170.37 Trenton -0.85 4.54 178.63 -0.85 4.23 166.43 Winchester -0.80 4.59 180.60 -0.80 4.28 168.40 North Gower N/A N/A Huron FOB -0.75 4.64 182.57 -0.70 4.38 172.33 Kent FOB -0.65 4.74 186.51 -0.75 4.33 170.37 Lamb FOB -0.65 4.74 186.51 -0.75 4.33 170.37 Mdsx FOB -0.65 -0.70 -0.65N/A 4.74 186.51 -0.75 4.33 170.37 FOB SW Que -0.30 5.09 200.29 -0.45 4.63 182.18 Track -0.33 5.06 199.30N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 4.43 174.30 Jhnstwn-Eth N/A N/A N/A N/A -0.50 4.58 180.21 Aylmer-Eth N/A -0.95 -0.85 -0.85 N/A Sarn-Eth N/A N/A -0.60 -0.35 N/A Cllngwd-Eth -0.55N/A N/A N/A 4.84 190.44N/A London-Cas N/A N/A -0.80 -0.75 -0.55 4.53 178.24 Pt.Colb-Cas N/A N/A N/A -0.55 -0.50 4.58 180.21 Cardnl-Cas N/A N/A N/A N/A -0.45 4.63 182.18 W O Feed -0.33 -0.34 5.06 199.10 US Rep 0.25 0.24 5.64 221.94 Toledo El. -0.03 5.36 210.90 -0.48 4.60 181.11 TRANSFER Sarnia -0.70 4.69 184.54 -0.80 4.28 168.40 Pt. Stanley -0.86 4.53 178.24 -0.83 4.25 167.22 Hamilton -0.64 4.75 186.90 -0.47 4.61181 2/5 MID SD CRN -0.67 1/2 4.71 1/4 HI SD CRN -0.65 4.73 3/4 Bank of Canada Noon exchange rate was 1.0083 down 0.0025 Chicago soybeans closed steady. JAN11 HI 12.58 1/4 NOV11 HI 11.71 1/4 LOW 12.37 LOW 11.50 CLOSE12.55 Unchanged CLOSE 11.69 3/4 Unchanged OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR11 CK Low -1.32 11.23 412.63-1.06 10.64 390.86 CK High -0.80 11.75 431.74-0.95 10.75 394.90 CK Average -0.93 -1.0511.62 426.81-1.00-1.1810.69 392.92 Essex Cty -1.24 11.31 415.57-1.03 10.67 391.96 Mdsx Low -1.27 11.28 414.47-1.05 10.65 391.23 Mdsx High -0.80 11.75 431.74-1.00 10.70 393.07 Mdsx Average -1.00 -1.1211.55 424.39-1.03-1.2110.66 391.84 Hensall -0.80 11.75 431.74-1.03 10.67 392.15 Bruce -0.80 11.75 431.74-1.00 10.70 393.07 Putnam -0.80 11.75 431.74-1.00 10.70 393.07 Princeton -1.24 11.31 415.57-1.01 10.69 392.70 Durham -0.95 11.60 426.23-1.07 10.63 390.49 Norfolk -0.73 11.82 434.31-0.98 10.72 393.80 Trenton -0.85 11.70 429.90-1.05 10.65 391.23 Winchester -0.67 11.88 436.52-0.88 10.82 397.48 North Gower N/A N/A Huron FOB -0.70 11.85 435.41-0.90 10.80 396.74 Kent FOB -0.78 11.77 432.47-0.98 10.72 393.80 Lambton FOB -0.78 11.77 432.47-0.98 10.72 393.80 Middlesex FOB-0.86-0.54-0.61 N/A 11.69 429.53-0.88 10.82 397.48 PROCESSORS Hamilton -0.54-0.39-0.32-0.26 12.01 441.29-0.58 11.12 408.50 Windsor -0.35-0.40-0.50-0.49 12.20 448.27-0.58 11.12 408.50 Winchester -0.57 11.98 440.19-0.78 10.92 401.15 TRANSFER Hamilton -0.40-0.30 N/A N/A 12.15 446.44-0.60 11.10 407.76 Pt. Stanley -0.85 11.70 429.90-1.05 10.65 391.23 Sarnia -0.99 11.56 424.76-0.58 11.12 408.50 Owen Sound N/A N/A Sorel QC 0.00 12.55 461.130.00 11.70 429.81 Toledo El. -0.23 12.32 452.60-0.54 11.16 410.04 Bank of Canada Noon exchange rate was 1.0083 down 0.0025 Chicago wheat closed steady. DEC10 HI 6.56 JUL11 HI 7.32 LOW 6.42 1/4 LOW 7.18 1/2 CLOSE 6.47 1/2 Unchanged CLOSE 7.21 3/4 Unchanged Minni wheat closed steady. DEC10 HI 7.40 SEP11 HI 7.68 3/4 LOW 7.25 1/4 LOW 7.61 3/4 CLOSE 7.33 Unchanged CLOSE 7.67 Unchanged GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.60 -0.34 -0.60 -0.74 CAD $/bu 5.88 6.13 5.88 6.59 CAD $/tonne 216.04 225.31 216.04 242.19 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 -0.65 -1.10 N/A N/A -0.95 -1.80 N/A London -0.67 -0.62 -1.03 N/A -1.12 -1.02 -1.98 N/A Hensall -0.55 N/A -0.95 N/A -1.05 N/A -1.85 N/A Trenton N/A N/A N/A N/A N/A N/A -1.85 N/A Winchester N/A N/A N/A -0.73 N/A N/A N/A -1.00 Essex N/A N/A -1.14 N/A N/A N/A -1.96 N/A Norwich -0.55 N/A -0.95 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 -0.55 N/A -0.95 N/A -1.05 N/A -1.95 N/A Chatham N/A -0.55 -0.92 N/A N/A -0.95 -1.92 N/A Brigden N/A -0.55 -0.92 N/A N/A -0.95 -1.92 N/A Palmerston N/A -0.54 -1.01 -0.42 N/A -0.94 -1.65 -0.79 Mitchell -0.55 -0.45 -0.95 N/A -1.05 -0.90 -1.95 N/A Thornton N/A N/A N/A -0.91 N/A N/A N/A -1.41 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 0.87 -0.14 N/A 0.36 0.11 -0.50 N/A Toledo El. 6.03US 6.08CA 6.19US 6.28CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.21 -0.86 -1.52 -0.95 CAD $/bu 6.01 6.36 5.70 6.72 CAD $/tonne 220.67 233.73 209.49 246.87 (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 245.00 FOB Hm Soymeal 397.06 - 399.26 DDG's FOB Srn, Wndr, Aylm 165.00 - 200.00