FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, October 23 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0385 up 0.0101 Chicago corn closed slightly higher. DEC13 HI 4.46 1/4 DEC14 HI 4.88 3/4 LOW 4.37 1/2 LOW 4.80 1/4 CLOSE4.42 3/4 Up 4 1/2 CLOSE 4.85 1/4 Up 4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC13+MAR14+MAR14 CK Low -0.60 3.83 150.68 -0.70 4.15 163.48 CK High -0.60 3.83 150.68 -0.60 4.25 167.41 CK Avg -0.60 -0.78 3.83 150.68 -0.63 -0.82 4.23 166.43 Essex Cty -0.60 3.83 150.68 -0.65 4.20 165.45 Mdsx Low -0.60 3.83 150.68 -0.60 4.25 167.41 Mdsx High -0.60 3.83 150.68 -0.60 4.25 167.41 Mdsx Avg -0.60 -0.78 3.83 150.68 -0.60 -0.80 4.25 167.41 Hensall -0.60 3.83 150.68 -0.60 4.25 167.41 Bruce -0.60 3.83 150.68 -0.60 4.25 167.41 Putnam -0.60 3.83 150.68 -0.65 4.20 165.45 Burford -0.60 3.83 150.68 -0.60 4.25 167.41 Port Perry -0.60 3.83 150.68 -0.60 4.25 167.41 Norfolk -0.60 3.83 150.68 -0.60 4.25 167.41 Palmerston -0.60 3.83 150.68 -0.60 4.25 167.41 Varna -0.60 3.83 150.68 -0.60 4.25 167.41 Trenton -0.60 3.83 150.68 -0.65 4.20 165.45 Winchester N/A N/A North Gower -0.47 3.96 155.80N/A Huron FOB -0.60 3.83 150.68 -0.60 4.25 167.41 Kent FOB -0.60 3.83 150.68 -0.60 4.25 167.41 Lamb FOB -0.60 3.83 150.68 -0.60 4.25 167.41 Mdsx FOB -0.60 -0.60 -0.55N/A 3.83 150.68 -0.60 4.25 167.41 FOB SW Que -0.42 4.01 157.77N/A Track -0.05 4.38 172.33N/A PROCESSORS Chat-Eth -0.55 -0.55 -0.55 -0.50 3.88 152.65N/A Jhnstwn-Eth -0.35 -0.35 -0.30N/A 4.08 160.52N/A Aylmer-Eth N/A -0.55 -0.55 -0.50 N/A Sarn-Eth -0.45 -0.45 -0.35 -0.35 3.98 156.59N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing 0.05 -0.05 -0.45 -0.40 4.48 176.27N/A Pt.Colb-Ing N/A -0.20 -0.40 -0.35 N/A Cardnl-Ing N/A 0.10 -0.40 -0.35 N/A W O Feed 0.29 0.25 4.72 185.72 US Rep 0.40 0.36 4.83 190.05 Toledo El. -0.31 4.12 162.01 -0.37 4.48 176.29 TRANSFER Sarnia N/A N/A Pt. Stanley -0.60 3.83 150.68N/A Hamilton -0.30 4.13162 1/2N/A MID SD CRN -0.60 3.82 3/4 HI SD CRN -0.60 3.82 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0385 up 0.0101 Chicago soybeans closed slightly higher. NOV13 HI 13.18 3/4 NOV14 HI 11.80 LOW 12.96 3/4 LOW 11.69 1/4 CLOSE13.10 Up 7 3/4 CLOSE 11.77 Up 2 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+JAN1+JAN14 CK Low -0.26 12.84 471.79-0.49 11.28 414.47 CK High -0.10 13.00 477.67-0.35 11.42 419.61 CK Average -0.18 -0.7112.92 474.85-0.44-0.9211.33 416.31 Essex Cty -0.16 12.94 475.46-0.27 11.50 422.55 Mdsx Low -0.20 12.90 473.99-0.48 11.29 414.84 Mdsx High -0.10 13.00 477.67-0.40 11.37 417.78 Mdsx Average -0.15 -0.6812.95 475.83-0.44-0.9211.33 416.31 Hensall -0.15 12.95 475.83-0.43 11.35 416.86 Bruce -0.10 13.00 477.67-0.40 11.37 417.78 Putnam -0.30 12.80 470.32 N/A Burford -0.17 12.93 475.10-0.45 11.32 415.94 Port Perry -0.15 12.95 475.83-0.43 11.34 416.67 Norfolk -0.15 12.95 475.83-0.45 11.32 415.94 Palmerston -0.20 12.90 473.99-0.40 11.37 417.78 Varna -0.20 12.90 473.99-0.45 11.32 415.94 Trenton -0.15 12.95 475.83-0.40 11.37 417.78 Winchester N/A N/A North Gower 0.05 13.15 483.18 N/A Huron FOB -0.05 13.05 479.51-0.35 11.42 419.61 Kent FOB -0.20 12.90 473.99-0.45 11.32 415.94 Lambton FOB -0.20 12.90 473.99-0.45 11.32 415.94 Middlesex FOB-0.11-0.11-0.02 N/A 12.99 477.30-0.38 11.39 418.51 PROCESSORS Hamilton 0.35 0.40 0.45 N/A 13.45 494.200.05 11.82 434.31 Windsor 0.38 0.38 0.44 0.45 13.48 495.31-0.04 11.73 431.00 Winchester N/A N/A TRANSFER Hamilton 0.50 N/A N/A N/A 13.60 499.71 N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.80 13.90 510.74 N/A Toledo El. -0.27 12.83 471.40-0.50 11.27 414.12 Bank of Canada Noon exchange rate was 1.0385 up 0.0101 Chicago wheat closed slightly higher. DEC13 HI 7.10 1/2 JUL14 HI 7.10 3/4 LOW 6.99 1/2 LOW 7.02 CLOSE 7.01 3/4 Up 1 CLOSE 7.03 3/4 Up 1 Minni wheat closed narrowly mixed. DEC13 HI 7.66 SEP14 HI 7.75 1/4 LOW 7.54 LOW 7.64 3/4 CLOSE 7.58 3/4 Up 2 1/2 CLOSE 7.66 1/2 Down 1 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.34 -0.24 -0.50 -0.63 CAD $/bu 6.68 6.78 6.52 6.96 CAD $/tonne 245.37 249.20 239.64 255.70 Direct MarkHarvest 2013 Harvest 2014 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 N/A N/A N/A N/A -0.85 N/A London -0.80 -0.54 -0.75 N/A -0.39 -0.59 -0.80 N/A Hensall -0.55 N/A -0.80 N/A -0.30 N/A -0.80 N/A Trenton N/A N/A -0.65 N/A N/A N/A -1.05 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A -0.80 N/A N/A N/A -0.64 N/A Norwich -0.55 N/A -0.80 N/A -0.40 N/A -0.80 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.55 N/A -0.75 N/A -0.30 N/A -0.80 N/A Chatham N/A -0.75 -0.75 N/A N/A N/A -0.85 N/A Brigden N/A -0.75 -0.75 N/A N/A N/A -0.85 N/A Palmerston N/A -0.37 -0.78 -0.67 N/A -0.47 -0.88 -0.72 Varna -0.75 -0.30 -0.80 N/A -0.55 -0.45 -0.85 N/A Mitchell -0.55 -0.15 -0.80 N/A -0.30 -0.40 -0.80 N/A Thornton N/A N/A N/A -0.55 N/A N/A N/A N/A North Gower N/A N/A N/A -0.78 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 -0.10 N/A N/A N/A -0.50 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 0.18N/A 0.91N/A 0.49N/A Toledo El. 6.81US 7.08CA 6.91US 7.19CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.34 -0.13 -0.55 -0.68 CAD $/bu 6.70 6.91 6.49 6.99 CAD $/tonne 246.14 253.78 238.49 256.75 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 285.00 - 300.00 Bayport Oats 290.00 Bayport Barley 270.00 FOB Hm Soymeal 552.71 - 553.81 DDG's FOB Srn & Aylm 255.00 - 260.00