FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, November 7 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0172 down 0.0008 Chicago corn closed slightly lower. DEC11 HI 6.56 1/2 DEC12 HI 6.14 LOW 6.48 LOW 6.05 3/4 CLOSE6.53 1/4 Down 2 1/2 CLOSE 6.12 Down 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC11+MAR12+MAR12 CK Low -0.35 6.18 243.39 -0.55 5.57 219.28 CK High -0.30 6.23 245.36 -0.50 5.62 221.25 CK Avg -0.32 -0.41 6.22 244.71 -0.51 -0.61 5.61 220.92 Essex Cty -0.30 6.23 245.36 -0.50 5.62 221.25 Mdsx Low -0.35 6.18 243.39 -0.50 5.62 221.25 Mdsx High -0.30 6.23 245.36 -0.50 5.62 221.25 Mdsx Avg -0.33 -0.42 6.21 244.38 -0.50 -0.60 5.62 221.25 Hensall -0.35 6.18 243.39 -0.50 5.62 221.25 Bruce -0.35 6.18 243.39 -0.50 5.62 221.25 Putnam -0.35 6.18 243.39 -0.50 5.62 221.25 Princeton -0.30 6.23 245.36 -0.50 5.62 221.25 Durham -0.40 6.13 241.43 -0.55 5.57 219.28 Norfolk -0.30 6.23 245.36 -0.50 5.62 221.25 Palmerston -0.35 6.18 243.39 -0.50 5.62 221.25 Varna -0.35 6.18 243.39 -0.50 5.62 221.25 Trenton -0.40 6.13 241.43 -0.55 5.57 219.28 Winchester -0.35 6.18 243.39 -0.60 5.52 217.31 North Gower -0.33 6.20 244.18N/A Huron FOB -0.35 6.18 243.39 -0.50 5.62 221.25 Kent FOB -0.30 6.23 245.36 -0.50 5.62 221.25 Lamb FOB -0.30 6.23 245.36 0.50 6.62 260.62 Mdsx FOB -0.30 -0.30 -0.20 -0.15 6.23 245.36 -0.50 5.62 221.25 FOB SW Que -0.32 6.21 244.58 -0.25 5.87 231.09 Track 0.03 6.56 258.16N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.50 5.62 221.25 Jhnstwn-Eth N/A -0.25 -0.10 -0.05 -0.25 5.87 231.09 Aylmer-Eth -0.25 -0.25 -0.25 -0.20 6.28 247.33 N/A Sarn-Eth 0.00 0.00 0.05 0.10 6.53 257.17N/A Cllngwd-Eth -0.15N/A N/A N/A 6.38 251.27-0.30* 5.82 229.12 London-Cas N/A -0.20 -0.05 0.00 -0.30 5.82 229.12 Pt.Colb-Cas 0.10 -0.15 0.00 0.05 6.63 261.11 -0.15 5.97 235.03 Cardnl-Cas N/A -0.60 0.00 0.05 -0.25 5.87 231.09 W O Feed 0.18 0.16 6.71 264.26 US Rep 0.40 0.38 6.93 272.92 Toledo El. 0.00 6.53 257.17 -0.54 5.58 219.71 TRANSFER Sarnia N/A N/A Pt. Stanley -0.33 6.20 244.18N/A Hamilton -0.05 6.48255 1/5 -0.25 5.87231 MID SD CRN -0.32 1/2 6.20 3/4 HI SD CRN -0.30 6.23 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0172 down 0.0008 Chicago soybeans closed slightly to moderately lower. JAN12 HI 12.23 NOV12 HI 12.32 1/4 LOW 11.98 LOW 12.13 3/4 CLOSE12.01 3/4 Down 19 1/4 CLOSE 12.18 1/2 Down 11 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR12 CK Low -0.85 11.17 410.34-0.93 11.26 413.55 CK High -0.75 11.27 414.01-0.80 11.39 418.33 CK Average -0.80 -0.9711.22 412.11-0.88-1.0811.31 415.51 Essex Cty -0.75 11.27 414.01-0.79 11.40 418.69 Mdsx Low -0.79 11.23 412.54-0.94 11.25 413.18 Mdsx High -0.70 11.32 415.85-0.80 11.39 418.33 Mdsx Average -0.75 -0.9111.27 414.19-0.87-1.0811.32 415.76 Hensall -0.70 11.32 415.85-0.80 11.39 418.33 Bruce -0.75 11.27 414.01-0.80 11.39 418.33 Putnam -0.70 11.32 415.85-0.80 11.39 418.33 Princeton -0.73 11.29 414.74-0.88 11.31 415.39 Durham -0.82 11.20 411.44-0.97 11.22 412.08 Norfolk -0.78 11.24 412.91-0.87 11.32 415.76 Palmerston -0.70 11.32 415.85-0.85 11.34 416.49 Varna -0.70 11.32 415.85-0.80 11.39 418.33 Trenton -0.90 11.12 408.50-1.00 11.19 410.98 Winchester -0.72 11.30 415.11-0.82 11.37 417.59 North Gower -0.31 11.71 430.18 N/A Huron FOB -0.60 11.42 419.52-0.70 11.49 422.00 Kent FOB -0.83 11.19 411.07-0.93 11.26 413.55 Lambton FOB -0.83 11.19 411.07-0.93 11.26 413.55 Middlesex FOB-0.63-0.58-0.58 N/A 11.39 418.42-0.73 11.46 420.90 PROCESSORS Hamilton -0.30-0.35-0.20-0.15 11.72 430.54-0.25 11.94 438.54 Windsor -0.52-0.26-0.20-0.25 11.50 422.46-0.56 11.63 427.15 Winchester -0.60 11.42 419.52-0.70 11.49 422.00 TRANSFER Hamilton -0.30 N/A N/A N/A 11.72 430.54-0.35 11.84 434.86 Pt. Stanley -0.70 11.32 415.85-0.80 11.39 418.33 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.15 11.87 436.06-0.05 12.14 445.88 Toledo El. -0.25 11.76 432.25-0.59 11.60 426.05 Bank of Canada Noon exchange rate was 1.0172 down 0.0008 Chicago wheat closed slightly higher. DEC11 HI 6.41 JUL12 HI 7.05 LOW 6.30 LOW 6.94 3/4 CLOSE 6.38 3/4 Up 2 CLOSE 7.04 Up 3 Minni wheat closed slightly lower to steady. MAR12 HI 8.73 SEP12 HI 8.12 3/4 LOW 8.60 1/2 LOW 8.05 1/2 CLOSE 8.63 3/4 Down 7 3/4 CLOSE 8.11 3/4 Unchanged GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.11 0.80 -0.11 0.53 CAD $/bu 6.27 7.19 6.27 9.16 CAD $/tonne 230.53 264.07 230.53 336.72 Direct MarkHarvest 2011 Harvest 2012 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 0.00 N/A N/A 0.50 -0.40 N/A London -0.10 0.61 -0.08 N/A N/A 0.41 -0.45 N/A Hensall -0.05 N/A 0.00 N/A 0.00 N/A -0.40 N/A Trenton N/A N/A N/A N/A N/A N/A -0.70 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.30 Essex N/A N/A -0.05 N/A N/A N/A -0.41 N/A Norwich -0.05 N/A 0.00 N/A 0.00 N/A -0.40 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.05 N/A 0.00 N/A 0.00 N/A -0.40 N/A Chatham N/A 0.60 0.00 N/A N/A 0.50 -0.40 N/A Brigden N/A 0.60 0.00 N/A N/A 0.50 -0.40 N/A Palmerston N/A 0.74 -0.08 0.32 N/A 0.70 -0.37 0.16 Varna -0.05 0.75 -0.05 N/A 0.10 0.70 -0.35 N/A Mitchell -0.05 0.60 0.00 N/A 0.00 0.50 -0.40 N/A Thornton N/A N/A N/A -0.63 N/A N/A N/A N/A 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 N/A N/A N/A N/A Hamilton N/A N/A 0.40 N/A N/A N/A -0.10 N/A Pt. Stanley N/A N/A -0.05 N/A N/A N/A -0.41 N/A PROCESSORS Toledo FM N/A 0.80 0.19N/A 0.22 1.04 0.32N/A Toledo El. 6.26US 6.35CA 7.01US 7.13CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.08 0.73 -0.29 0.14 CAD $/bu 6.96 7.77 6.75 8.26 CAD $/tonne 255.62 285.52 248.15 303.36 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 - 298.00 Bayport Oats 310.00 Bayport Barley 285.00 FOB Hm Soymeal 374.02 - 375.12 DDG's FOB Srn, Wndr, Aylm 223.00 - 240.00