FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, November 14 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0497 up 0.0029 Chicago corn closed slightly lower. DEC13 HI 4.31 1/4 DEC14 HI 4.70 1/4 LOW 4.25 1/2 LOW 4.65 1/4 CLOSE4.26 1/2 Down 3 1/4 CLOSE 4.66 1/2 Down 2 3/4 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 3.82 150.19 -0.60 4.07 160.03 CK High -0.35 3.92 154.13 -0.45 4.22 165.94 CK Avg -0.40 -0.61 3.86 152.03 -0.48 -0.71 4.19 164.76 Essex Cty -0.35 3.92 154.13 -0.50 4.17 163.97 Mdsx Low -0.40 3.87 152.16 -0.45 4.22 165.94 Mdsx High -0.30 3.97 156.10 -0.45 4.22 165.94 Mdsx Avg -0.35 -0.56 3.92 154.13 -0.45 -0.68 4.22 165.94 Hensall -0.40 3.87 152.16 -0.50 4.17 163.97 Bruce -0.45 3.82 150.19 -0.55 4.12 162.00 Putnam -0.30 3.97 156.10 -0.65 4.02 158.06 Burford -0.40 3.87 152.16 -0.45 4.22 165.94 Port Perry -0.45 3.82 150.19 -0.45 4.22 165.94 Norfolk -0.42 3.85 151.37 -0.48 4.19 164.76 Palmerston -0.45 3.82 150.19 -0.60 4.07 160.03 Varna -0.45 3.82 150.19 -0.60 4.07 160.03 Trenton -0.50 3.77 148.22 -0.60 4.07 160.03 Winchester N/A N/A North Gower -0.47 3.80 149.40N/A Huron FOB -0.40 3.87 152.16 -0.55 4.12 162.00 Kent FOB -0.42 3.85 151.37 -0.48 4.19 164.76 Lamb FOB -0.42 3.85 151.37 -0.48 4.19 164.76 Mdsx FOB -0.40 -0.40 -0.35N/A 3.87 152.16 -0.45 4.22 165.94 FOB SW Que -0.25 4.02 158.06N/A Track -0.05 4.22 165.94N/A PROCESSORS Chat-Eth -0.55 -0.35 -0.30 -0.25 3.72 146.25N/A Jhnstwn-Eth N/A -0.20 -0.30 -0.25 N/A Aylmer-Eth -0.55 -0.35 -0.30 -0.25 3.72 146.25 N/A Sarn-Eth -0.30 -0.20 -0.25 -0.25 3.97 156.10N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing 0.00 -0.20 -0.25 -0.20 4.27 167.91N/A Pt.Colb-Ing 0.05 -0.10 -0.20 -0.15 4.32 169.87N/A Cardnl-Ing 0.00 -0.10 -0.20 -0.15 4.27 167.91N/A W O Feed 0.03 -0.02 4.30 169.09 US Rep 0.25 0.20 4.52 177.75 Toledo El. -0.26 4.00 157.59 -0.38 4.29 168.79 TRANSFER Sarnia N/A N/A Pt. Stanley -0.40 3.87 152.16N/A Hamilton -0.10 4.17164 N/A MID SD CRN -0.40 3.86 1/2 HI SD CRN -0.35 3.91 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0497 up 0.0029 Chicago soybeans closed slightly lower to steady. JAN14 HI 13.21 1/2 NOV14 HI 11.79 LOW 13.05 LOW 11.70 1/2 CLOSE13.13 1/2 Down 1 1/2 CLOSE 11.77 Unchanged OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR14 CK Low 0.30 13.44 493.65-0.30 11.47 421.45 CK High 0.30 13.44 493.65-0.20 11.57 425.12 CK Average 0.30 -0.3413.44 493.65-0.28-0.8511.49 422.31 Essex Cty 0.49 13.63 500.63-0.17 11.60 426.23 Mdsx Low 0.30 13.44 493.65-0.27 11.50 422.55 Mdsx High 0.30 13.44 493.65-0.25 11.52 423.29 Mdsx Average 0.30 -0.3413.44 493.65-0.26-0.8311.51 422.92 Hensall 0.35 13.49 495.49-0.20 11.57 425.12 Bruce 0.30 13.44 493.65-0.25 11.52 423.29 Putnam 0.30 13.44 493.65-0.25 11.52 423.29 Burford 0.33 13.47 494.75-0.24 11.53 423.65 Port Perry 0.30 13.44 493.65-0.27 11.50 422.55 Norfolk 0.30 13.44 493.65-0.25 11.52 423.29 Palmerston 0.30 13.44 493.65-0.20 11.57 425.12 Varna 0.30 13.44 493.65-0.20 11.57 425.12 Trenton 0.30 13.44 493.65-0.20 11.57 425.12 Winchester N/A N/A North Gower 0.48 13.62 500.27 N/A Huron FOB 0.50 13.64 501.00-0.15 11.62 426.96 Kent FOB 0.30 13.44 493.65-0.30 11.47 421.45 Lambton FOB 0.30 13.44 493.65-0.30 11.47 421.45 Middlesex FOB0.59 0.48 N/A N/A 13.73 504.31-0.14 11.63 427.33 PROCESSORS Hamilton 0.80 0.85 0.70 N/A 13.94 512.020.08 11.85 435.41 Windsor 0.71 0.72 0.73 0.64 13.85 508.720.06 11.83 434.68 Winchester N/A N/A TRANSFER Hamilton 0.90 N/A N/A N/A 14.04 515.70 N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.25 14.39 528.56 N/A Toledo El. 0.07 13.21 485.33-0.50 11.27 413.98 Bank of Canada Noon exchange rate was 1.0497 up 0.0029 Chicago wheat closed slightly lower. DEC13 HI 6.53 JUL14 HI 6.66 1/2 LOW 6.44 1/4 LOW 6.58 1/2 CLOSE 6.44 3/4 Down 3/4 CLOSE 6.59 1/4 Down 1 3/4 Minni wheat closed narrowly mixed. DEC13 HI 7.04 1/4 SEP14 HI 7.30 3/4 LOW 6.99 LOW 7.26 1/2 CLOSE 7.00 Up 1/2 CLOSE 7.27 1/4 Down 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.32 -0.21 -0.47 -0.60 CAD $/bu 6.13 6.24 5.97 6.40 CAD $/tonne 225.27 229.12 219.49 234.99 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 -0.13 -0.56 N/A -0.29 -0.29 -0.71 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 -0.61 N/A N/A N/A -0.67 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 -0.60 N/A N/A N/A -0.70 N/A Brigden N/A -0.70 -0.60 N/A N/A N/A -0.70 N/A Palmerston N/A 0.04 -0.53 -0.53 N/A -0.26 -0.68 -0.63 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 -0.42 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 0.26N/A 0.95N/A 0.42N/A Toledo El. 6.29US 6.59CA 6.46US 6.78CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.31 -0.10 -0.52 -0.64 CAD $/bu 6.28 6.49 6.07 6.63 CAD $/tonne 230.85 238.56 223.15 243.56 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 - 310.00 Bayport Oats 290.00 Bayport Barley 270.00 FOB Hm Soymeal 563.95 - 573.87 DDG's FOB Srn & Aylm 240.00