FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 8 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0487 up 0.0045 Chicago corn closed slightly to moderately higher. DEC13 HI 4.29 1/2 DEC14 HI 4.69 3/4 LOW 4.15 1/2 LOW 4.56 1/2 CLOSE4.26 3/4 Up 6 1/4 CLOSE 4.68 1/2 Up 7 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR14+MAR14+MAR14 CK Low -0.45 3.82 150.29 -0.60 4.09 160.82 CK High -0.45 3.82 150.29 -0.50 4.19 164.76 CK Avg -0.45 -0.66 3.82 150.29 -0.58 -0.82 4.10 161.48 Essex Cty -0.35 3.92 154.23 -0.55 4.14 162.79 Mdsx Low -0.45 3.82 150.29 -0.60 4.09 160.82 Mdsx High -0.30 3.97 156.19 -0.60 4.09 160.82 Mdsx Avg -0.38 -0.59 3.89 153.24 -0.60 -0.83 4.09 160.82 Hensall -0.45 3.82 150.29 -0.60 4.09 160.82 Bruce -0.45 3.82 150.29 -0.60 4.09 160.82 Putnam -0.60 3.67 144.38 -0.65 4.04 158.85 Burford -0.45 3.82 150.29 -0.60 4.09 160.82 Port Perry -0.50 3.77 148.32 -0.60 4.09 160.82 Norfolk -0.45 3.82 150.29 -0.60 4.09 160.82 Palmerston -0.45 3.82 150.29 -0.60 4.09 160.82 Varna -0.45 3.82 150.29 -0.60 4.09 160.82 Trenton -0.50 3.77 148.32 -0.60 4.09 160.82 Winchester N/A N/A North Gower -0.45 3.82 150.29N/A Huron FOB -0.45 3.82 150.29 -0.60 4.09 160.82 Kent FOB -0.45 3.82 150.29 -0.55 4.14 162.79 Lamb FOB -0.45 3.82 150.29 -0.55 4.14 162.79 Mdsx FOB -0.45 -0.40 -0.35N/A 3.82 150.29 -0.60 4.09 160.82 FOB SW Que -0.10 4.17 164.07N/A Track -0.05 4.22 166.04N/A PROCESSORS Chat-Eth -0.55 -0.35 -0.30 -0.25 3.72 146.35N/A Jhnstwn-Eth N/A -0.20 -0.30 -0.25 N/A Aylmer-Eth -0.55 -0.35 -0.30 -0.25 3.72 146.35 N/A Sarn-Eth -0.30 -0.20 -0.25 -0.25 3.97 156.19N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing 0.00 -0.25 -0.30 -0.25 4.27 168.00N/A Pt.Colb-Ing 0.05 -0.15 -0.25 -0.20 4.32 169.97N/A Cardnl-Ing 0.00 -0.15 -0.25 -0.20 4.27 168.00N/A W O Feed 0.01 -0.04 4.28 168.40 US Rep 0.20 0.15 4.47 175.88 Toledo El. -0.29 3.97 156.43 -0.38 4.31 169.56 TRANSFER Sarnia N/A N/A Pt. Stanley -0.45 3.82 150.29N/A Hamilton -0.06 4.21165 2/3N/A MID SD CRN -0.45 3.81 3/4 HI SD CRN -0.45 3.81 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0487 up 0.0045 Chicago soybeans closed moderately higher to higher. JAN14 HI 12.97 1/2 NOV14 HI 11.64 LOW 12.61 3/4 LOW 11.40 CLOSE12.96 Up 29 1/2 CLOSE 11.61 Up 13 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR14 CK Low 0.15 13.11 481.71-0.35 11.26 413.73 CK High 0.25 13.21 485.38-0.20 11.41 419.25 CK Average 0.21 -0.4313.17 483.98-0.29-0.8711.32 415.94 Essex Cty 0.42 13.38 491.63-0.22 11.39 418.51 Mdsx Low 0.21 13.17 483.91-0.29 11.32 415.94 Mdsx High 0.25 13.21 485.38-0.25 11.36 417.41 Mdsx Average 0.23 -0.4113.19 484.65-0.27-0.8511.34 416.67 Hensall 0.23 13.19 484.47-0.28 11.34 416.49 Bruce 0.25 13.21 485.38-0.26 11.36 417.22 Putnam N/A N/A Burford 0.24 13.20 485.02-0.26 11.35 417.04 Port Perry 0.21 13.17 483.91-0.29 11.32 415.94 Norfolk 0.25 13.21 485.38-0.25 11.36 417.41 Palmerston 0.20 13.16 483.55-0.35 11.26 413.73 Varna 0.20 13.16 483.55-0.30 11.31 415.57 Trenton 0.20 13.16 483.55-0.35 11.26 413.73 Winchester N/A N/A North Gower 0.30 13.26 487.22 N/A Huron FOB 0.30 13.26 487.22-0.25 11.36 417.41 Kent FOB 0.25 13.21 485.38-0.30 11.31 415.57 Lambton FOB 0.25 13.21 485.38-0.30 11.31 415.57 Middlesex FOB0.57 0.46 N/A N/A 13.53 497.14-0.15 11.46 421.08 PROCESSORS Hamilton 0.70 0.75 0.57 N/A 13.66 501.920.08 11.69 429.53 Windsor 0.65 0.66 0.67 0.58 13.61 500.080.00 11.61 426.59 Winchester N/A N/A TRANSFER Hamilton 0.89 N/A N/A N/A 13.85 508.90 N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.42 14.38 528.37 N/A Toledo El. 0.14 13.10 481.21-0.50 11.11 408.08 Bank of Canada Noon exchange rate was 1.0487 up 0.0045 Chicago wheat closed slightly lower. DEC13 HI 6.58 1/2 JUL14 HI 6.74 1/4 LOW 6.44 LOW 6.61 CLOSE 6.49 3/4 Down 3 1/4 CLOSE 6.68 1/2 Down 1/4 Minni wheat closed narrowly mixed. DEC13 HI 7.25 1/2 SEP14 HI 7.47 LOW 7.01 LOW 7.29 3/4 CLOSE 7.08 Down 1 1/2 CLOSE 7.36 1/2 Up 1 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.31 -0.20 -0.46 -0.59 CAD $/bu 6.19 6.30 6.03 6.49 CAD $/tonne 227.48 231.34 221.69 238.38 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 -0.70 N/A London -0.71 -0.24 -0.55 N/A -0.28 -0.28 -0.70 N/A Hensall -0.25 N/A -0.55 N/A -0.20 N/A -0.70 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 -0.69 N/A Norwich -0.25 N/A -0.55 N/A -0.20 N/A -0.70 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.25 N/A -0.55 N/A -0.20 N/A -0.70 N/A Chatham N/A -0.70 -0.65 N/A N/A N/A -0.70 N/A Brigden N/A -0.70 -0.65 N/A N/A N/A -0.70 N/A Palmerston N/A 0.02 -0.56 -0.56 N/A -0.29 -0.71 -0.66 Varna -0.25 0.15 -0.55 N/A -0.25 -0.30 -0.70 N/A Mitchell -0.25 0.15 -0.55 N/A -0.20 -0.25 -0.70 N/A Thornton N/A N/A N/A N/A N/A N/A N/A N/A North Gower N/A N/A N/A -0.58 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 -0.37 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 0.27N/A 0.96N/A 0.44N/A Toledo El. 6.34US 6.65CA 6.56US 6.88CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.30 -0.09 -0.51 -0.63 CAD $/bu 6.39 6.60 6.18 6.73 CAD $/tonne 234.71 242.43 227.00 247.44 (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 561.42 - 571.34 DDG's FOB Srn & Aylm 240.00