FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 16 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0028 up 0.0003 Chicago corn closed slightly higher. DEC12 HI 7.29 3/4 DEC13 HI 6.10 3/4 LOW 7.11 LOW 6.00 3/4 CLOSE7.27 Up 5 3/4 CLOSE 6.08 3/4 Up 2 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 6.52 256.68 -0.75 5.34 210.13 CK High -0.65 6.62 260.62 -0.70 5.39 212.10 CK Avg -0.73 -0.74 6.54 257.34 -0.72 -0.75 5.37 211.44 Essex Cty -0.75 6.52 256.68 -0.70 5.39 212.10 Mdsx Low -0.75 6.52 256.68 -0.75 5.34 210.13 Mdsx High -0.70 6.57 258.65 -0.70 5.39 212.10 Mdsx Avg -0.73 -0.73 6.55 257.67 -0.73 -0.76 5.36 211.11 Hensall -0.70 6.57 258.65 -0.70 5.39 212.10 Bruce -0.70 6.57 258.65 -0.70 5.39 212.10 Putnam -0.70 6.57 258.65 -0.70 5.39 212.10 Burford -0.60 6.67 262.59 -0.75 5.34 210.13 Port Perry -0.75 6.52 256.68 -0.75 5.34 210.13 Norfolk -0.65 6.62 260.62 -0.70 5.39 212.10 Palmerston -0.70 6.57 258.65 -0.75 5.34 210.13 Varna -0.70 6.57 258.65 -0.70 5.39 212.10 Trenton -0.50 6.77 266.52 -0.75 5.34 210.13 Winchester -0.25 7.02 276.37 -0.70 5.39 212.10 North Gower -0.25 7.02 276.37 -0.75 5.34 210.13 Huron FOB -0.75 6.52 256.68 -0.70 5.39 212.10 Kent FOB -0.75 6.52 256.68 -0.70 5.39 212.10 Lamb FOB -0.75 6.52 256.68 -0.70 5.39 212.10 Mdsx FOB -0.75 -0.45 -0.40 -0.35 6.52 256.68 -0.75 5.34 210.13 FOB SW Que -0.40 6.87 270.46 -0.35 5.74 225.88 Track -0.30 6.97 274.40N/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 N/A N/A N/A N/A N/A Sarn-Eth -0.60 -0.30 -0.30 -0.30 6.67 262.59N/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 5.54 218.00 Pt.Colb-Cas N/A N/A -0.15 -0.10 -0.50 5.59 219.97 Cardnl-Cas N/A N/A N/A N/A -0.45 5.64 221.94 W O Feed -0.23 -0.23 7.04 277.15 US Rep 0.30 0.30 7.57 298.02 Toledo El. 0.04 7.31 287.78 -0.28 5.81 228.56 TRANSFER Sarnia N/A N/A Pt. Stanley -0.65 6.62 260.62 -0.70 5.39212 Hamilton -0.45 6.82268 1/2 -0.50 5.59220 MID SD CRN -0.70 6.571 HI SD CRN -0.65 6.621 *Wet Bid Bank of Canada Noon exchange rate was 1.0028 up 0.0003 Chicago soybeans closed slightly to moderately lower. JAN13 HI 14.09 1/4 NOV13 HI 12.70 LOW 13.72 1/4 LOW 12.55 1/4 CLOSE13.83 1/4 Down 18 3/4 CLOSE 12.62 1/2 Down 8 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR13 CK Low -0.85 12.98 477.03-1.00 11.63 427.15 CK High -0.80 13.03 478.86-0.78 11.85 435.23 CK Average -0.83 -0.8513.00 477.64-0.89-0.9611.74 431.31 Essex Cty -0.54 13.29 488.42-0.70 11.93 438.17 Mdsx Low -0.80 13.03 478.86-0.85 11.78 432.66 Mdsx High -0.79 13.04 479.23-0.75 11.88 436.33 Mdsx Average -0.80 -0.8113.04 479.05-0.80-0.8811.83 434.49 Hensall -0.80 13.03 478.86-0.85 11.78 432.66 Bruce -0.80 13.03 478.86-0.85 11.78 432.66 Putnam -0.85 12.98 477.03-0.90 11.73 430.82 Burford -0.79 13.04 479.23-0.75 11.88 436.33 Port Perry -0.82 13.01 478.13-0.78 11.85 435.23 Norfolk -0.79 13.04 479.23-0.84 11.79 433.02 Palmerston -0.85 12.98 477.03-0.90 11.73 430.82 Varna -0.80 13.03 478.86-0.85 11.78 432.66 Trenton -0.84 12.99 477.39-0.83 11.80 433.39 Winchester -0.92 12.91 474.45-0.80 11.83 434.49 North Gower -0.48 13.35 490.62-0.73 11.90 437.07 Huron FOB -0.80 13.03 478.86-0.80 11.83 434.49 Kent FOB -0.84 12.99 477.39-0.89 11.74 431.19 Lambton FOB -0.84 12.99 477.39-0.89 11.74 431.19 Middlesex FOB-0.46-0.43 N/A N/A 13.37 491.36-0.76 11.87 435.96 PROCESSORS Hamilton -0.10-0.05-0.10-0.10 13.73 504.58-0.30 12.33 452.87 Windsor -0.31-0.31-0.26 N/A 13.52 496.87-0.47 12.16 446.62 Winchester N/A N/A TRANSFER Hamilton -0.05-0.05 N/A N/A 13.78 506.42-0.30 12.33 452.87 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.25 14.08 517.44-0.15 12.48 458.38 Toledo El. -0.20 13.63 500.90-0.33 12.29 451.69 Bank of Canada Noon exchange rate was 1.0028 up 0.0003 Chicago wheat closed slightly lower. DEC12 HI 8.50 JUL13 HI 8.55 3/4 LOW 8.29 1/2 LOW 8.38 CLOSE 8.38 Down 7 1/2 CLOSE 8.45 3/4 Down 8 3/4 Minni wheat closed slightly to moderately lower. DEC12 HI 9.23 1/2 SEP13 HI 9.20 LOW 9.06 LOW 9.09 CLOSE 9.09 3/4 Down 10 1/2 CLOSE 9.16 1/4 Down 4 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.59 -0.39 -0.94 -0.94 CAD $/bu 7.79 7.99 7.44 8.16 CAD $/tonne 286.21 293.57 273.33 299.73 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 -1.10 N/A N/A -0.90 -1.25 N/A London -0.82 -0.82 -1.13 N/A -0.82 -0.82 -1.18 N/A Hensall -0.70 N/A -1.10 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 -1.35 N/A N/A N/A -1.29 N/A Norwich -0.70 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 -0.80 N/A -1.10 N/A -0.80 N/A -1.25 N/A Chatham N/A -0.87 -1.10 N/A N/A -0.90 -1.20 N/A Brigden N/A -0.87 -1.10 N/A N/A -0.90 -1.20 N/A Palmerston N/A -0.79 -1.19 -0.89 N/A -0.78 -1.23 -1.08 Varna -0.70 -0.75 -1.10 N/A -0.75 -1.05 -1.20 N/A Mitchell -0.80 -0.90 -1.10 N/A -0.75 -1.00 -1.25 N/A Thornton N/A N/A N/A -1.61 N/A N/A N/A N/A North Gower N/A N/A N/A -0.93 N/A N/A N/A -0.90 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.45 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 0.01N/A 0.45N/A -0.15N/A Toledo El. 8.15US 8.16CA 8.23US 8.28CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.45 -0.35 -0.90 -0.90 CAD $/bu 8.01 8.11 7.55 8.26 CAD $/tonne 294.18 297.88 277.55 303.61 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 365.00 - 370.00 Bayport Oats 335.00 Bayport Barley 310.00 FOB Hm Soymeal 507.73 - 508.84 DDG's FOB Srn, Wndr, Aylm 220.00 - 250.00