FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, October 31 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0429 down 0.0027 Chicago corn closed slightly lower. DEC13 HI 4.36 1/4 DEC14 HI 4.77 LOW 4.27 LOW 4.68 1/2 CLOSE4.28 1/4 Down 2 CLOSE 4.69 1/2 Down 2 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR14+MAR14+MAR14 CK Low -0.55 3.73 146.94 -0.65 4.05 159.24 CK High -0.45 3.83 150.88 -0.60 4.10 161.21 CK Avg -0.47 -0.65 3.82 150.22 -0.61 -0.81 4.09 160.88 Essex Cty -0.50 3.78 148.91 -0.60 4.10 161.21 Mdsx Low -0.45 3.83 150.88 -0.60 4.10 161.21 Mdsx High -0.30 3.98 156.78 -0.60 4.10 161.21 Mdsx Avg -0.38 -0.56 3.91 153.83 -0.60 -0.80 4.10 161.21 Hensall -0.45 3.83 150.88 -0.60 4.10 161.21 Bruce -0.50 3.78 148.91 -0.60 4.10 161.21 Putnam -0.60 3.68 144.97 -0.65 4.05 159.24 Burford -0.45 3.83 150.88 -0.60 4.10 161.21 Port Perry -0.50 3.78 148.91 -0.60 4.10 161.21 Norfolk -0.45 3.83 150.88 -0.60 4.10 161.21 Palmerston -0.50 3.78 148.91 -0.60 4.10 161.21 Varna -0.45 3.83 150.88 -0.60 4.10 161.21 Trenton -0.55 3.73 146.94 -0.60 4.10 161.21 Winchester N/A N/A North Gower -0.47 3.81 150.09N/A Huron FOB -0.45 3.83 150.88 -0.60 4.10 161.21 Kent FOB -0.45 3.83 150.88 -0.60 4.10 161.21 Lamb FOB -0.45 3.83 150.88 -0.60 4.10 161.21 Mdsx FOB -0.45 -0.40 -0.40N/A 3.83 150.88 -0.60 4.10 161.21 FOB SW Que -0.30 3.98 156.78N/A Track 0.00 4.28 168.59N/A PROCESSORS Chat-Eth -0.55 -0.55 -0.50N/A 3.73 146.94N/A Jhnstwn-Eth -0.35 -0.30N/A N/A 3.93 154.82N/A Aylmer-Eth -0.55 -0.55 -0.50N/A 3.73 146.94 N/A Sarn-Eth -0.45 -0.35 -0.35N/A 3.83 150.88N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing 0.00 -0.35 -0.30 -0.25 4.28 168.59N/A Pt.Colb-Ing 0.05 -0.30 -0.25 -0.20 4.33 170.56N/A Cardnl-Ing 0.00 -0.30 -0.25 -0.20 4.28 168.59N/A W O Feed 0.17 0.13 4.45 175.29 US Rep 0.20 0.16 4.48 176.47 Toledo El. -0.29 3.99 157.09 -0.38 4.32 170.05 TRANSFER Sarnia N/A N/A Pt. Stanley -0.55 3.73 146.94N/A Hamilton -0.20 4.08160 5/7N/A MID SD CRN -0.50 3.78 1/4 HI SD CRN -0.45 3.83 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0429 down 0.0027 Chicago soybeans closed slightly lower. JAN14 HI 12.87 1/2 NOV14 HI 11.74 1/4 LOW 12.65 LOW 11.53 1/2 CLOSE12.66 1/4 Down 10 1/4 CLOSE 11.58 1/4 Down 10 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR14 CK Low 0.10 12.76 468.94-0.36 11.22 412.36 CK High 0.18 12.84 471.88-0.25 11.33 416.40 CK Average 0.13 -0.4112.80 470.17-0.33-0.8311.26 413.58 Essex Cty 0.10 12.76 468.94-0.24 11.34 416.77 Mdsx Low 0.10 12.76 468.94-0.35 11.23 412.72 Mdsx High 0.20 12.86 472.62-0.30 11.28 414.56 Mdsx Average 0.15 -0.4012.81 470.78-0.33-0.8311.26 413.64 Hensall 0.20 12.86 472.62-0.30 11.28 414.56 Bruce 0.20 12.86 472.62-0.30 11.28 414.56 Putnam -0.17 12.49 459.02 N/A Burford 0.13 12.79 470.04-0.32 11.26 413.83 Port Perry 0.10 12.76 468.94-0.35 11.23 412.72 Norfolk 0.15 12.81 470.78-0.30 11.28 414.56 Palmerston 0.20 12.86 472.62-0.35 11.23 412.72 Varna 0.20 12.86 472.62-0.30 11.28 414.56 Trenton -0.05 12.61 463.43-0.30 11.28 414.56 Winchester N/A N/A North Gower 0.18 12.84 471.88 N/A Huron FOB 0.30 12.96 476.29-0.25 11.33 416.40 Kent FOB 0.15 12.81 470.78-0.35 11.23 412.72 Lambton FOB 0.15 12.81 470.78-0.35 11.23 412.72 Middlesex FOB0.31 0.36 N/A N/A 12.97 476.66-0.24 11.34 416.77 PROCESSORS Hamilton 0.60 0.60 0.65 N/A 13.26 487.310.15 11.73 431.10 Windsor 0.42 0.53 0.54 0.50 13.08 480.70-0.01 11.57 425.22 Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.05 13.71 503.85 N/A Toledo El. -0.05 12.61 463.35-0.50 11.08 407.18 Bank of Canada Noon exchange rate was 1.0429 down 0.0027 Chicago wheat closed slightly lower. DEC13 HI 6.77 JUL14 HI 6.87 1/2 LOW 6.67 LOW 6.80 CLOSE 6.67 1/2 Down 7 1/2 CLOSE 6.83 1/2 Down 1 3/4 Minni wheat closed slightly lower. DEC13 HI 7.34 1/2 SEP14 HI 7.51 LOW 7.29 1/4 LOW 7.47 1/4 CLOSE 7.30 1/4 Down 1 3/4 CLOSE 7.47 1/4 Down 4 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.34 -0.23 -0.49 -0.62 CAD $/bu 6.34 6.44 6.18 6.68 CAD $/tonne 232.88 236.72 227.13 245.44 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 -0.75 N/A London -0.73 -0.47 -0.68 N/A -0.31 -0.52 -0.73 N/A Hensall -0.50 N/A -0.75 N/A -0.25 N/A -0.75 N/A Trenton N/A N/A N/A N/A N/A N/A -0.85 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A -0.79 N/A N/A N/A -0.68 N/A Norwich -0.50 N/A -0.75 N/A -0.25 N/A -0.75 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.50 N/A -0.70 N/A -0.25 N/A -0.75 N/A Chatham N/A -0.70 -0.70 N/A N/A N/A -0.80 N/A Brigden N/A -0.70 -0.70 N/A N/A N/A -0.80 N/A Palmerston N/A -0.19 -0.72 -0.60 N/A -0.40 -0.82 -0.64 Varna -0.50 -0.10 -0.75 N/A -0.25 -0.35 -0.75 N/A Mitchell -0.50 -0.10 -0.75 N/A -0.25 -0.35 -0.75 N/A Thornton N/A N/A N/A -0.50 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 N/A N/A N/A N/A N/A 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 0.24N/A 0.92N/A 0.40N/A Toledo El. 6.47US 6.74CA 6.71US 7.00CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.33 -0.12 -0.54 -0.67 CAD $/bu 6.50 6.71 6.30 6.80 CAD $/tonne 239.02 246.68 231.35 250.04 (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 544.11 - 551.83 DDG's FOB Srn & Aylm 240.00 - 245.00