FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 26 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0191 up 0.0108 Chicago corn closed slightly lower. DEC10 HI 5.43 1/2 DEC11 HI 5.11 3/4 LOW 5.30 3/4 LOW 5.00 3/4 CLOSE5.38 1/4 Down 1/2 CLOSE 5.07 Down 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR11+MAR11+MAR11 CK Low -0.70 4.68 184.34 -0.80 4.27 168.10 CK High -0.65 4.73 186.31 -0.75 4.32 170.07 CK Avg -0.67 -0.78 4.72 185.65 -0.78 -0.90 4.30 169.09 Essex Cty -0.70 4.68 184.34 -0.80 4.27 168.10 Mdsx Low -0.70 4.68 184.34 -0.80 4.27 168.10 Mdsx High -0.65 4.73 186.31 -0.75 4.32 170.07 Mdsx Avg -0.67 -0.78 4.72 185.65 -0.78 -0.91 4.29 168.76 Hensall -0.65 4.73 186.31 -0.73 4.35 171.06 Bruce -0.65 4.73 186.31 -0.80 4.27 168.10 Putnam -0.80 4.58 180.41 -0.80 4.27 168.10 Princeton -0.70 4.68 184.34 -0.80 4.27 168.10 Durham -0.95 4.43 174.50 -0.75 4.32 170.07 Norfolk -0.65 4.73 186.31 -0.75 4.32 170.07 Trenton -0.85 4.53 178.44 -0.85 4.22 166.13 Winchester -0.80 4.58 180.41 -0.75 4.32 170.07 North Gower N/A N/A Huron FOB -0.65 4.73 186.31 -0.70 4.37 172.04 Kent FOB -0.65 4.73 186.31 -0.75 4.32 170.07 Lamb FOB -0.65 4.73 186.31 -0.75 4.32 170.07 Mdsx FOB -0.65 -0.75 -0.65N/A 4.73 186.31 -0.75 4.32 170.07 FOB SW Que -0.40 4.98 196.15 -0.45 4.62 181.88 Track -0.33 5.06 199.10N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 4.42 174.01 Jhnstwn-Eth N/A N/A N/A N/A -0.50 4.57 179.91 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 4.83 190.25N/A London-Cas N/A N/A -0.80 -0.75 -0.55 4.52 177.94 Pt.Colb-Cas N/A N/A N/A -0.55 -0.50 4.57 179.91 Cardnl-Cas N/A N/A N/A N/A -0.45 4.62 181.88 W O Feed -0.30 -0.32 5.08 200.09 US Rep 0.25 0.23 5.63 221.74 Toledo El. -0.03 5.35 210.69 -0.48 4.59 180.64 TRANSFER Sarnia -0.70 4.68 184.34 -0.80 4.27 168.10 Pt. Stanley -0.86 4.52 178.04 -0.83 4.24 166.92 Hamilton -0.64 4.74 186.70 -0.47 4.60181 MID SD CRN -0.67 1/2 4.70 3/4 HI SD CRN -0.65 4.73 1/4 Bank of Canada Noon exchange rate was 1.0191 up 0.0108 Chicago soybeans closed slightly to moderately lower. JAN11 HI 12.62 1/4 NOV11 HI 11.74 1/2 LOW 12.35 3/4 LOW 11.48 3/4 CLOSE12.38 1/2 Down 16 1/2 CLOSE 11.58 1/2 Down 11 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 11.07 406.57-1.02 10.57 388.20 CK High -0.70 11.69 429.35-0.90 10.69 392.61 CK Average -0.86 -1.1211.52 423.32-0.98-1.2610.61 389.81 Essex Cty -1.24 11.15 409.51-1.03 10.56 387.83 Mdsx Low -1.27 11.12 408.41-1.05 10.54 387.09 Mdsx High -0.78 11.61 426.41-1.00 10.59 388.93 Mdsx Average -0.95 -1.2111.44 420.16-1.02-1.3010.57 388.32 Hensall -0.99 11.40 418.88-0.98 10.61 389.85 Bruce -0.70 11.69 429.35-0.95 10.64 390.77 Putnam -0.70 11.69 429.35-0.95 10.64 390.77 Princeton -1.24 11.15 409.51-1.01 10.58 388.56 Durham -0.80 11.59 425.68-1.02 10.57 388.20 Norfolk -0.67 11.72 430.45-0.90 10.69 392.61 Trenton -0.95 11.44 420.16-1.15 10.44 383.42 Winchester -0.70 11.69 429.35-0.90 10.69 392.61 North Gower N/A N/A Huron FOB -0.60 11.79 433.02-0.85 10.74 394.44 Kent FOB -0.72 11.67 428.62-0.90 10.69 392.61 Lambton FOB -0.72 11.67 428.62-0.90 10.69 392.61 Middlesex FOB-0.82-0.46 N/A N/A 11.57 424.94-0.83 10.76 395.18 PROCESSORS Hamilton -0.35-0.25-0.18-0.18 12.04 442.21-0.45 11.14 409.14 Windsor -0.24-0.29-0.39-0.38 12.15 446.25-0.48 11.11 408.04 Winchester -0.57 11.82 434.13-0.78 10.81 397.02 TRANSFER Hamilton -0.40-0.30 N/A N/A 11.99 440.37-0.60 10.99 403.63 Pt. Stanley -0.85 11.54 423.84-1.05 10.54 387.09 Sarnia -0.99 11.40 418.69-0.58 11.01 404.36 Owen Sound N/A N/A Sorel QC -0.05 12.34 453.23-0.10 11.49 422.00 Toledo El. -0.18 12.20 448.32-0.54 11.04 405.73 Bank of Canada Noon exchange rate was 1.0191 up 0.0108 Chicago wheat closed slightly higher. DEC10 HI 6.54 1/4 JUL11 HI 7.28 3/4 LOW 6.45 1/2 LOW 7.20 3/4 CLOSE 6.48 1/4 Up 3/4 CLOSE 7.24 1/2 Up 2 3/4 Minni wheat closed slightly higher. DEC10 HI 7.38 1/2 SEP11 HI 7.71 LOW 7.26 1/4 LOW 7.68 1/4 CLOSE 7.34 Up 1 CLOSE 7.69 1/2 Up 2 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.53 -0.27 -0.53 -0.66 CAD $/bu 5.95 6.21 5.95 6.68 CAD $/tonne 218.77 228.15 218.77 245.31 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 -0.60 -0.55 -0.95 N/A -1.04 -0.94 -1.99 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 -1.08 Essex N/A N/A -0.87 N/A N/A N/A -1.91 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 -0.89 N/A N/A -0.95 -1.90 N/A Brigden N/A -0.55 -0.89 N/A N/A -0.95 -1.90 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 -0.80 N/A N/A N/A -1.34 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 0.95 -0.07 N/A 0.43 0.18 -0.44 N/A Toledo El. 6.03US 6.16CA 6.22US 6.37CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.16 -0.80 -1.46 -0.89 CAD $/bu 6.09 6.45 5.78 6.81 CAD $/tonne 223.74 236.92 212.45 250.09 (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 395.85 - 396.95 DDG's FOB Srn, Wndr, Aylm 165.00 - 200.00