FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, October 31 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9996 up 0.0002 Chicago corn closed mixed. DEC12 HI 7.57 3/4 DEC13 HI 6.42 LOW 7.41 3/4 LOW 6.33 3/4 CLOSE7.55 3/4 Up 14 CLOSE 6.36 1/2 Down 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR13+MAR13+MAR13 CK Low -0.75 6.81 268.00 -0.75 5.62 221.05 CK High -0.55 7.01 275.87 -0.70 5.67 223.02 CK Avg -0.69 -0.69 6.87 270.30 -0.72 -0.75 5.65 222.37 Essex Cty -0.75 6.81 268.00 -0.70 5.67 223.02 Mdsx Low -0.70 6.86 269.97 -0.75 5.62 221.05 Mdsx High -0.65 6.91 271.94 -0.70 5.67 223.02 Mdsx Avg -0.68 -0.67 6.88 270.95 -0.73 -0.76 5.64 222.04 Hensall -0.63 6.93 272.92 -0.70 5.67 223.02 Bruce -0.75 6.81 268.00 -0.70 5.67 223.02 Putnam -0.60 6.96 273.90 -0.70 5.67 223.02 Burford -0.60 6.96 273.90 -0.75 5.62 221.05 Port Perry -0.70 6.86 269.97 -0.75 5.62 221.05 Norfolk -0.60 6.96 273.90 -0.70 5.67 223.02 Palmerston -0.65 6.91 271.94 -0.75 5.62 221.05 Varna -0.60 6.96 273.90 -0.70 5.67 223.02 Trenton -0.65 6.91 271.94 -0.75 5.62 221.05 Winchester -0.30 7.26 285.72 -0.70 5.67 223.02 North Gower -0.50 7.06 277.84 -0.60 5.77 226.96 Huron FOB -0.65 6.91 271.94 -0.70 5.67 223.02 Kent FOB -0.70 6.86 269.97 -0.70 5.67 223.02 Lamb FOB -0.70 6.86 269.97 -0.70 5.67 223.02 Mdsx FOB -0.65 -0.45 -0.40 -0.35 6.91 271.94 -0.75 5.62 221.05 FOB SW Que -0.65 6.91 271.94 -0.60 5.77 226.96 Track -0.28 7.28 286.70N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth -0.50 -0.35 -0.30 -0.30 7.06 277.84 N/A Sarn-Eth -0.50 -0.20 -0.20 -0.20 7.06 277.84N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Cas N/A N/A N/A N/A -0.55 5.82 228.93 Pt.Colb-Cas -0.15 -0.05 0.00 0.05 7.41 291.62 -0.50 5.87 230.89 Cardnl-Cas -0.10 -0.05 0.05 0.10 7.46 293.59 -0.50 5.87 230.89 W O Feed -0.16 -0.16 7.40 291.23 US Rep 0.10 0.10 7.66 301.46 Toledo El. 0.04 7.60 299.10 -0.43 5.93 233.55 TRANSFER Sarnia N/A N/A Pt. Stanley -0.70 6.86 269.97 -0.70 5.67223 Hamilton -0.45 7.11279 4/5 -0.50 5.87230 8/9 MID SD CRN -0.65 6.90 3/4 HI SD CRN -0.55 7.00 3/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9996 up 0.0002 Chicago soybeans closed moderately higher. JAN13 HI 15.58 3/4 NOV13 HI 13.50 LOW 15.35 LOW 13.30 1/4 CLOSE15.48 3/4 Up 12 1/4 CLOSE 13.44 1/2 Up 13 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR13 CK Low -1.02 14.47 531.59-1.05 12.40 455.44 CK High -1.00 14.49 532.32-1.00 12.45 457.28 CK Average -1.00 -1.0014.48 532.20-1.01-1.0912.43 456.85 Essex Cty -0.88 14.61 536.73-0.71 12.74 467.93 Mdsx Low -0.97 14.52 533.43-0.95 12.50 459.11 Mdsx High -0.95 14.54 534.16-0.92 12.53 460.21 Mdsx Average -0.96 -0.9614.53 533.79-0.94-1.0112.51 459.66 Hensall -0.98 14.51 533.24-0.93 12.52 460.03 Bruce -0.95 14.54 534.16-0.95 12.50 459.11 Putnam -1.10 14.39 528.65-1.00 12.45 457.28 Burford -0.97 14.52 533.43-0.92 12.53 460.21 Port Perry -1.00 14.49 532.32-0.95 12.50 459.11 Norfolk -0.97 14.52 533.43-0.97 12.48 458.38 Palmerston -1.07 14.42 529.75-0.95 12.50 459.11 Varna -1.02 14.47 531.59-0.90 12.55 460.95 Trenton -0.85 14.64 537.84-1.05 12.40 455.44 Winchester -0.65 14.84 545.18-0.95 12.50 459.11 North Gower -0.58 14.91 547.76-0.87 12.58 462.05 Huron FOB -1.00 14.49 532.32-0.85 12.60 462.79 Kent FOB -1.02 14.47 531.59-1.02 12.43 456.54 Lambton FOB -1.02 14.47 531.59-1.02 12.43 456.54 Middlesex FOB-0.66-0.56 N/A N/A 14.83 544.82-0.76 12.69 466.09 PROCESSORS Hamilton -0.30-0.25-0.20-0.20 15.19 558.05-0.45 13.00 477.48 Windsor -0.65-0.37-0.33 N/A 14.84 545.18-0.48 12.97 476.38 Winchester N/A N/A TRANSFER Hamilton -0.30-0.20 N/A N/A 15.19 558.05-0.50 12.95 475.65 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.15 15.64 574.58-0.15 13.30 488.51 Toledo El. -0.28 15.21 558.78-0.48 12.96 476.28 Bank of Canada Noon exchange rate was 0.9996 up 0.0002 Chicago wheat closed slightly higher. DEC12 HI 8.75 JUL13 HI 8.79 LOW 8.58 1/4 LOW 8.66 1/4 CLOSE 8.64 1/2 Up 7 3/4 CLOSE 8.73 1/2 Up 5 1/4 Minni wheat closed slightly higher. DEC12 HI 9.50 SEP13 HI 9.40 LOW 9.35 3/4 LOW 9.26 1/2 CLOSE 9.41 1/2 Up 6 3/4 CLOSE 9.34 1/2 Up 4 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.60 -0.40 -0.95 -0.95 CAD $/bu 8.04 8.24 7.69 8.46 CAD $/tonne 295.54 302.89 282.69 310.97 Direct MarkHarvest 2012 Harvest 2013 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 N/A -1.20 N/A N/A -0.95 -1.25 N/A London -0.90 -0.90 -1.25 N/A -0.90 -0.90 -1.25 N/A Hensall -0.90 N/A -1.20 N/A -0.75 N/A -1.25 N/A Trenton N/A N/A N/A N/A N/A N/A -1.40 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A -1.36 N/A N/A N/A -1.20 N/A Norwich -0.90 N/A -1.20 N/A -0.75 N/A -1.25 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.90 N/A -1.20 N/A -0.80 N/A -1.25 N/A Chatham N/A -0.90 -1.20 N/A N/A -0.93 -1.25 N/A Brigden N/A -0.90 -1.20 N/A N/A -0.93 -1.25 N/A Palmerston N/A -0.82 -1.20 -0.90 N/A -0.69 -1.19 -1.09 Varna -0.80 -0.85 -1.20 N/A -0.75 -1.05 -1.20 N/A Mitchell -0.90 -0.90 -1.20 N/A -0.75 -1.00 -1.25 N/A Thornton N/A N/A N/A -1.68 N/A N/A N/A N/A North Gower N/A N/A N/A -0.94 N/A N/A N/A -0.86 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.85 N/A N/A N/A -0.85 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 0.00N/A 0.45N/A -0.15N/A Toledo El. 8.39US 8.38CA 8.56US 8.61CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.30 -0.15 -0.65 -0.85 CAD $/bu 8.43 8.59 8.08 8.50 CAD $/tonne 309.92 315.47 296.99 312.14 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 360.00 - 365.00 Bayport Oats 340.00 Bayport Barley 345.00 FOB Hm Soymeal 570.13 - 578.94 DDG's FOB Srn, Wndr, Aylm 240.00 - 265.00