FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, November 14 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0178 down 0.0012 Chicago corn closed slightly lower. DEC11 HI 6.44 3/4 DEC12 HI 5.79 1/2 LOW 6.30 1/4 LOW 5.71 1/4 CLOSE6.33 1/2 Down 5 CLOSE 5.73 Down 1 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR12+MAR12+MAR12 CK Low -0.40 5.94 233.65 -0.55 5.18 203.93 CK High -0.30 6.04 237.59 -0.50 5.23 205.90 CK Avg -0.36 -0.47 5.98 235.29 -0.51 -0.63 5.22 205.57 Essex Cty -0.45 5.89 231.68 -0.50 5.23 205.90 Mdsx Low -0.40 5.94 233.65 -0.50 5.23 205.90 Mdsx High -0.35 5.99 235.62 -0.50 5.23 205.90 Mdsx Avg -0.38 -0.49 5.96 234.63 -0.50 -0.63 5.23 205.90 Hensall -0.38 5.96 234.63 -0.50 5.23 205.90 Bruce -0.40 5.94 233.65 -0.50 5.23 205.90 Putnam -0.40 5.94 233.65 -0.50 5.23 205.90 Princeton -0.35 5.99 235.62 -0.50 5.23 205.90 Durham -0.40 5.94 233.65 -0.55 5.18 203.93 Norfolk -0.35 5.99 235.62 -0.50 5.23 205.90 Palmerston -0.35 5.99 235.62 -0.50 5.23 205.90 Varna -0.35 5.99 235.62 -0.50 5.23 205.90 Trenton -0.40 5.94 233.65 -0.55 5.18 203.93 Winchester -0.35 5.99 235.62 -0.60 5.13 201.96 North Gower -0.24 6.10 239.95N/A Huron FOB -0.35 5.99 235.62 -0.50 5.23 205.90 Kent FOB -0.35 5.99 235.62 -0.50 5.23 205.90 Lamb FOB -0.35 5.99 235.62 -0.50 5.23 205.90 Mdsx FOB -0.35 -0.20 -0.15 -0.10 5.99 235.62 -0.50 5.23 205.90 FOB SW Que -0.15 6.19 243.49 -0.25 5.48 215.74 Track 0.00 6.34 249.40N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.50 5.23 205.90 Jhnstwn-Eth N/A -0.25 -0.25 -0.20 -0.25 5.48 215.74 Aylmer-Eth -0.25 -0.25 -0.25 -0.20 6.09 239.56 N/A Sarn-Eth N/A 0.00 0.05 0.10 N/A Cllngwd-Eth -0.15N/A N/A N/A 6.19 243.49-0.20* 5.53 217.71 London-Cas N/A -0.20 -0.05 0.00 -0.30 5.43 213.77 Pt.Colb-Cas 0.10 -0.15 0.00 0.05 6.44 253.33 -0.15 5.58 219.67 Cardnl-Cas N/A -0.50 0.00 0.05 -0.25 5.48 215.74 W O Feed 0.15 0.13 6.49 255.30 US Rep 0.45 0.43 6.79 267.11 Toledo El. 0.00 6.34 249.40 -0.54 5.19 204.26 TRANSFER Sarnia N/A N/A Pt. Stanley -0.35 5.99 235.62N/A Hamilton -0.05 6.29247 3/7 -0.24 5.49216 1/8 MID SD CRN -0.35 5.98 1/2 HI SD CRN -0.30 6.03 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0178 down 0.0012 Chicago soybeans closed slightly higher. JAN12 HI 11.93 NOV12 HI 12.06 LOW 11.77 LOW 11.91 1/2 CLOSE11.78 1/4 Up 2 3/4 CLOSE 11.93 Up 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR12 CK Low -0.81 10.97 403.17-0.91 11.02 404.92 CK High -0.70 11.08 407.21-0.80 11.13 408.96 CK Average -0.75 -0.9611.04 405.50-0.84-1.1011.09 407.55 Essex Cty -0.78 11.00 404.27-0.77 11.16 410.06 Mdsx Low -0.78 11.00 404.27-0.92 11.01 404.55 Mdsx High -0.65 11.13 409.05-0.80 11.13 408.96 Mdsx Average -0.72 -0.9311.07 406.66-0.86-1.1211.07 406.75 Hensall -0.65 11.13 409.05-0.78 11.16 409.88 Bruce -0.65 11.13 409.05-0.80 11.13 408.96 Putnam -0.75 11.03 405.37-0.85 11.08 407.12 Princeton -0.72 11.06 406.48-0.86 11.07 406.75 Durham -0.81 10.97 403.17-0.95 10.98 403.45 Norfolk -0.67 11.11 408.31-0.81 11.12 408.59 Palmerston -0.65 11.13 409.05-0.75 11.18 410.79 Varna -0.65 11.13 409.05-0.75 11.18 410.79 Trenton -0.85 10.93 401.70-0.95 10.98 403.45 Winchester -0.69 11.09 407.58-0.79 11.14 409.32 North Gower -0.35 11.43 420.07 N/A Huron FOB -0.55 11.23 412.72-0.65 11.28 414.47 Kent FOB -0.72 11.06 406.48-0.87 11.06 406.39 Lambton FOB -0.72 11.06 406.48-0.87 11.06 406.39 Middlesex FOB-0.64-0.53-0.51 N/A 11.14 409.42-0.71 11.22 412.26 PROCESSORS Hamilton -0.20-0.20-0.10-0.15 11.58 425.58-0.25 11.68 429.17 Windsor -0.55-0.24-0.18-0.23 11.23 412.72-0.54 11.39 418.51 Winchester -0.62 11.16 410.15-0.72 11.21 411.90 TRANSFER Hamilton -0.25 N/A N/A N/A 11.53 423.75-0.30 11.63 427.33 Pt. Stanley -0.69 11.09 407.58-0.75 11.18 410.79 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.10 11.68 429.260.00 11.93 438.35 Toledo El. -0.29 11.50 422.46-0.59 11.34 416.57 Bank of Canada Noon exchange rate was 1.0178 down 0.0012 Chicago wheat closed slightly lower. DEC11 HI 6.22 JUL12 HI 6.84 1/4 LOW 6.10 1/4 LOW 6.69 1/2 CLOSE 6.15 3/4 Down 1 CLOSE 6.72 1/2 Down 8 1/2 Minni wheat closed slightly lower. MAR12 HI 8.84 SEP12 HI 8.16 1/4 LOW 8.75 LOW 8.08 1/2 CLOSE 8.75 1/4 Down 4 3/4 CLOSE 8.11 Down 5 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.11 0.98 0.11 0.67 CAD $/bu 6.27 7.14 6.27 9.42 CAD $/tonne 230.37 262.17 230.37 346.17 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 -0.30 N/A London -0.04 0.62 0.01 N/A N/A 0.48 -0.34 N/A Hensall -0.05 N/A 0.00 N/A 0.00 N/A -0.30 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 0.06 N/A N/A N/A -0.31 N/A Norwich -0.05 N/A 0.00 N/A 0.00 N/A -0.30 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 -0.30 N/A Chatham N/A 0.63 0.00 N/A N/A 0.53 -0.30 N/A Brigden N/A 0.63 0.00 N/A N/A 0.53 -0.30 N/A Palmerston N/A 0.83 -0.02 1.06 N/A 0.84 -0.29 0.16 Varna -0.05 0.75 -0.05 N/A 0.10 0.70 -0.35 N/A Mitchell -0.05 0.75 0.00 N/A 0.00 0.70 -0.30 N/A Thornton N/A N/A N/A -0.86 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 -0.20 N/A Pt. Stanley N/A N/A -0.05 N/A N/A N/A -0.65 N/A PROCESSORS Toledo FM N/A 0.93 0.47N/A 0.25 1.07 0.35N/A Toledo El. 6.03US 6.14CA 6.70US 6.84CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.05 0.86 -0.16 0.23 CAD $/bu 6.77 7.59 6.57 8.34 CAD $/tonne 248.78 278.82 241.27 306.42 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 - 295.00 Bayport Oats 310.00 Bayport Barley 285.00 FOB Hm Soymeal 362.89 - 365.09 DDG's FOB Srn, Wndr, Aylm 223.00 - 240.00