FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, November 30 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0197 down 0.0099 Chicago corn closed slightly higher. MAR12 HI 6.16 DEC12 HI 5.60 LOW 5.95 LOW 5.42 CLOSE6.08 Up 2 1/2 CLOSE 5.52 Up 2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR12+MAR12+MAY12 CK Low -0.37 5.71 224.79 -0.55 4.97 195.66 CK High -0.35 5.73 225.58 -0.50 5.02 197.63 CK Avg -0.35 -0.49 5.73 225.45 -0.51 -0.64 5.01 197.30 Essex Cty -0.35 5.73 225.58 -0.50 5.02 197.63 Mdsx Low -0.35 5.73 225.58 -0.50 5.02 197.63 Mdsx High -0.35 5.73 225.58 -0.50 5.02 197.63 Mdsx Avg -0.35 -0.49 5.73 225.58 -0.50 -0.63 5.02 197.63 Hensall -0.40 5.68 223.61 -0.50 5.02 197.63 Bruce -0.35 5.73 225.58 -0.50 5.02 197.63 Putnam -0.35 5.73 225.58 -0.50 5.02 197.63 Princeton -0.35 5.73 225.58 -0.50 5.02 197.63 Durham -0.40 5.68 223.61 -0.55 4.97 195.66 Norfolk -0.35 5.73 225.58 -0.50 5.02 197.63 Palmerston -0.45 5.63 221.64 -0.50 5.02 197.63 Varna -0.40 5.68 223.61 -0.50 5.02 197.63 Trenton -0.30 5.78 227.55 -0.55 4.97 195.66 Winchester -0.35 5.73 225.58 -0.50 5.02 197.63 North Gower -0.48 5.60 220.46 -0.42 5.10 200.78 Huron FOB -0.13 5.95 234.24 -0.50 5.02 197.63 Kent FOB -0.35 5.73 225.58 -0.50 5.02 197.63 Lamb FOB -0.35 5.73 225.58 -0.50 5.02 197.63 Mdsx FOB -0.30 -0.20 -0.15N/A 5.78 227.55 -0.50 5.02 197.63 FOB SW Que 0.00 6.08 239.36 -0.05 5.47 215.34 Track 0.15 6.23 245.26N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.50 5.02 197.63 Jhnstwn-Eth -0.25 -0.10 -0.05 -0.05 5.83 229.52 -0.25 5.27 207.47 Aylmer-Eth -0.05 0.05 0.10 0.05 6.03 237.39 N/A Sarn-Eth 0.00 0.05 0.10 0.05 6.08 239.36N/A Cllngwd-Eth 0.10N/A N/A N/A 6.18 243.30-0.30* 5.22 205.50 London-Cas 0.00 0.05 0.10 0.10 6.08 239.36 -0.30 5.22 205.50 Pt.Colb-Cas 0.00 0.10 0.15 0.15 6.08 239.36 -0.25 5.27 207.47 Cardnl-Cas -0.35 0.10 0.15 0.15 5.73 225.58 -0.25 5.27 207.47 W O Feed 0.19 0.17 6.27 247.00 US Rep 0.70 0.68 6.78 266.92 Toledo El. -0.05 6.03 237.35 -0.54 4.98 195.97 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton -0.08 6.00236 1/5 -0.27 5.25206 2/3 MID SD CRN -0.36 5.72 HI SD CRN -0.35 5.73 *Wet Bid Bank of Canada Noon exchange rate was 1.0197 down 0.0099 Chicago soybeans closed slightly higher. JAN12 HI 11.46 NOV12 HI 11.61 1/2 LOW 11.11 1/2 LOW 11.27 1/2 CLOSE11.31 1/4 Up 6 1/4 CLOSE 11.46 3/4 Up 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY12 CK Low -0.69 10.62 390.31-0.84 10.63 390.49 CK High -0.55 10.76 395.45-0.70 10.77 395.64 CK Average -0.62 -0.8810.69 392.82-0.77-1.0410.70 393.00 Essex Cty -0.45 10.86 399.13-0.75 10.72 393.80 Mdsx Low -0.70 10.61 389.94-0.85 10.62 390.13 Mdsx High -0.55 10.76 395.45-0.70 10.77 395.64 Mdsx Average -0.63 -0.8810.69 392.70-0.78-1.0410.69 392.88 Hensall -0.68 10.64 390.86-0.83 10.64 391.04 Bruce -0.60 10.71 393.62-0.70 10.77 395.64 Putnam -0.50 10.81 397.29-0.70 10.77 395.64 Princeton -0.70 10.61 389.94-0.85 10.62 390.13 Durham -0.73 10.58 388.84-0.88 10.59 389.02 Norfolk -0.59 10.72 393.98-0.78 10.69 392.70 Palmerston -0.80 10.51 386.27-0.95 10.52 386.45 Varna -0.65 10.66 391.78-0.80 10.67 391.96 Trenton -0.65 10.66 391.78-0.75 10.72 393.80 Winchester -0.63 10.68 392.51-0.83 10.64 390.86 North Gower -0.62 10.69 392.88 N/A Huron FOB -0.50 10.81 397.29-0.90 10.57 388.29 Kent FOB -0.64 10.67 392.15-0.84 10.63 390.49 Lambton FOB -0.64 10.67 392.15-0.84 10.63 390.49 Middlesex FOB-0.39-0.54-0.50 N/A 10.92 401.33-0.74 10.73 394.17 PROCESSORS Hamilton -0.10-0.15-0.20-0.20 11.21 411.99-0.30 11.17 410.34 Windsor -0.23-0.16-0.21-0.15 11.08 407.21-0.30 11.17 410.34 Winchester -0.43 10.88 399.86-0.58 10.89 400.05 TRANSFER Hamilton 0.10 N/A N/A N/A 11.41 419.34-0.25 11.22 412.17 Pt. Stanley -0.35 10.96 402.80-0.75 10.72 393.80 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.50 11.81 434.040.15 11.62 426.87 Toledo El. -0.29 11.03 405.14-0.59 10.87 399.55 Bank of Canada Noon exchange rate was 1.0197 down 0.0099 Chicago wheat closed slightly lower. MAR12 HI 6.29 1/4 JUL12 HI 6.56 1/2 LOW 6.07 LOW 6.34 3/4 CLOSE 6.14 Down 2 CLOSE 6.43 Down 3/4 Minni wheat closed moderately lower. MAR12 HI 8.50 SEP12 HI 8.05 1/2 LOW 8.19 3/4 LOW 7.78 1/4 CLOSE 8.23 1/2 Down 10 CLOSE 7.80 1/4 Down 11 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.07 0.80 0.19 0.34 CAD $/bu 6.07 6.94 6.33 8.57 CAD $/tonne 223.19 255.13 232.58 315.06 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 0.40 -0.10 N/A N/A 0.45 -0.25 N/A London -0.32 0.50 -0.21 N/A N/A 0.46 -0.31 N/A Hensall -0.20 N/A -0.20 N/A 0.00 N/A -0.25 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 -0.13 N/A N/A N/A -0.30 N/A Norwich -0.20 N/A -0.20 N/A 0.00 N/A -0.25 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.20 N/A -0.20 N/A 0.00 N/A -0.25 N/A Chatham N/A 0.39 -0.11 N/A N/A 0.49 -0.33 N/A Brigden N/A 0.39 -0.11 N/A N/A 0.49 -0.33 N/A Palmerston N/A 0.84 -0.20 -0.02 N/A 0.54 -0.29 0.20 Varna -0.15 0.70 -0.15 N/A 0.20 0.80 -0.25 N/A Mitchell -0.20 0.60 -0.20 N/A 0.00 0.70 -0.25 N/A Thornton N/A N/A N/A -0.48 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 0.15 N/A N/A N/A -0.10 N/A Pt. Stanley N/A N/A -0.30 N/A N/A N/A -0.55 N/A PROCESSORS Toledo FM N/A 0.75 0.29N/A 0.25 1.07 0.35N/A Toledo El. 5.89US 6.02CA 6.40US 6.55CA 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 6.48 7.29 6.27 8.03 CAD $/tonne 237.97 268.04 230.45 295.20 (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 295.00 Bayport Barley 288.00 FOB Hm Soymeal 351.86 - 356.27 DDG's FOB Srn, Wndr, Aylm 170.00 - 210.00