FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, November 20 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.997 up 0.0006 Chicago corn closed slightly higher. DEC12 HI 7.47 1/4 DEC13 HI 6.25 LOW 7.34 1/4 LOW 6.17 CLOSE7.43 1/4 Up 4 1/2 CLOSE 6.23 Up 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 6.68 263.08 -0.75 5.48 215.74 CK High -0.65 6.78 267.02 -0.70 5.53 217.71 CK Avg -0.73 -0.72 6.70 263.73 -0.72 -0.73 5.51 217.05 Essex Cty -0.75 6.68 263.08 -0.70 5.53 217.71 Mdsx Low -0.75 6.68 263.08 -0.75 5.48 215.74 Mdsx High -0.75 6.68 263.08 -0.70 5.53 217.71 Mdsx Avg -0.75 -0.74 6.68 263.08 -0.73 -0.74 5.51 216.72 Hensall -0.73 6.71 264.06 -0.70 5.53 217.71 Bruce -0.75 6.68 263.08 -0.70 5.53 217.71 Putnam -0.70 6.73 265.05 -0.90 5.33 209.83 Burford -0.60 6.83 268.98 -0.75 5.48 215.74 Port Perry -0.75 6.68 263.08 -0.75 5.48 215.74 Norfolk -0.70 6.73 265.05 -0.70 5.53 217.71 Palmerston -0.70 6.73 265.05 -0.75 5.48 215.74 Varna -0.70 6.73 265.05 -0.70 5.53 217.71 Trenton -0.60 6.83 268.98 -0.70 5.53 217.71 Winchester -0.25 7.18 282.76 -0.70 5.53 217.71 North Gower -0.25 7.18 282.76 -0.78 5.45 214.56 Huron FOB -0.75 6.68 263.08 -0.70 5.53 217.71 Kent FOB -0.75 6.68 263.08 -0.70 5.53 217.71 Lamb FOB -0.75 6.68 263.08 -0.70 5.53 217.71 Mdsx FOB -0.75 -0.45 -0.40 -0.35 6.68 263.08 -0.75 5.48 215.74 FOB SW Que -0.40 7.03 276.86 -0.35 5.88 231.49 Track -0.33 7.11 279.81N/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 6.83 268.98N/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 5.68 223.61 Pt.Colb-Cas N/A N/A -0.15 -0.10 -0.50 5.73 225.58 Cardnl-Cas N/A N/A N/A N/A -0.45 5.78 227.55 W O Feed -0.27 -0.27 7.16 281.98 US Rep 0.30 0.30 7.73 304.42 Toledo El. 0.04 7.47 294.18 -0.28 5.95 234.21 TRANSFER Sarnia N/A N/A Pt. Stanley -0.73 6.70 263.87N/A Hamilton -0.46 6.97274 1/2 -0.51 5.72225 1/5 MID SD CRN -0.70 6.73 1/4 HI SD CRN -0.65 6.78 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.997 up 0.0006 Chicago soybeans closed moderately higher. JAN13 HI 14.16 NOV13 HI 12.94 LOW 13.80 3/4 LOW 12.67 CLOSE14.12 3/4 Up 18 CLOSE 12.91 3/4 Up 15 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR13 CK Low -0.90 13.23 486.03-1.00 11.92 437.89 CK High -0.83 13.30 488.60-0.88 12.04 442.30 CK Average -0.87 -0.8413.26 487.13-0.94-0.9711.98 440.28 Essex Cty -0.55 13.58 498.89-0.49 12.43 456.63 Mdsx Low -0.85 13.28 487.86-0.90 12.02 441.57 Mdsx High -0.82 13.31 488.97-0.86 12.06 443.04 Mdsx Average -0.84 -0.8113.29 488.42-0.88-0.9212.04 442.30 Hensall -0.83 13.30 488.78-0.88 12.04 442.49 Bruce -0.85 13.28 487.86-0.90 12.02 441.57 Putnam -0.85 13.28 487.86-0.90 12.02 441.57 Burford -0.82 13.31 488.97-0.86 12.06 443.04 Port Perry -0.85 13.28 487.86-0.89 12.03 441.93 Norfolk -0.84 13.29 488.23-0.89 12.03 441.93 Palmerston -0.85 13.28 487.86-0.90 12.02 441.57 Varna -0.80 13.33 489.70-0.85 12.07 443.40 Trenton -0.85 13.28 487.86-0.89 12.03 441.93 Winchester -0.73 13.40 492.27-0.84 12.08 443.77 North Gower -0.43 13.70 503.30-0.73 12.19 447.81 Huron FOB -0.80 13.33 489.70-0.80 12.12 445.24 Kent FOB -0.89 13.24 486.39-0.94 11.98 440.10 Lambton FOB -0.89 13.24 486.39-0.94 11.98 440.10 Middlesex FOB-0.51-0.49 N/A N/A 13.62 500.36-0.86 12.06 443.04 PROCESSORS Hamilton -0.20-0.15-0.20-0.20 13.93 511.75-0.45 12.47 458.10 Windsor -0.32-0.26-0.26 N/A 13.81 507.34-0.53 12.39 455.16 Winchester N/A N/A TRANSFER Hamilton -0.10-0.10-0.58 N/A 14.03 515.42-0.33 12.59 462.51 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.25 14.38 528.28-0.15 12.77 469.13 Toledo El. -0.19 13.94 512.13-0.33 12.59 462.48 Bank of Canada Noon exchange rate was 0.997 up 0.0006 Chicago wheat closed slightly higher. DEC12 HI 8.49 3/4 JUL13 HI 8.57 LOW 8.37 1/2 LOW 8.47 CLOSE 8.45 Up 3 1/4 CLOSE 8.52 3/4 Up 1 1/2 Minni wheat closed slightly higher. DEC12 HI 9.19 1/2 SEP13 HI 9.26 1/4 LOW 9.08 1/4 LOW 9.13 3/4 CLOSE 9.12 3/4 Up 2 1/2 CLOSE 9.24 3/4 Up 5 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.61 -0.42 -0.96 -0.97 CAD $/bu 7.84 8.03 7.49 8.16 CAD $/tonne 287.89 295.23 275.06 299.90 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 -0.93 -0.93 -1.18 N/A -0.93 -0.93 -1.28 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 -1.38 N/A N/A N/A -1.32 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 -0.90 -1.12 N/A N/A -0.90 -1.22 N/A Brigden N/A -0.90 -1.12 N/A N/A -0.90 -1.12 N/A Palmerston N/A -0.83 -1.23 -0.93 N/A -0.82 -1.27 -1.11 Varna -0.70 -0.80 -0.95 N/A -0.75 -1.10 -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 -0.97 N/A N/A N/A -0.94 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.46 N/A N/A N/A -0.80 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 -0.02N/A 0.43N/A -0.18N/A Toledo El. 8.22US 8.20CA 8.30US 8.32CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.48 -0.38 -0.93 -0.93 CAD $/bu 8.05 8.15 7.60 8.32 CAD $/tonne 295.79 299.47 279.21 305.74 (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 513.24 - 515.45 DDG's FOB Srn, Wndr, Aylm 225.00 - 250.00