FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 22 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0535 up 0.0029 Chicago corn closed slightly lower to steady. DEC13 HI 4.26 3/4 DEC14 HI 4.60 LOW 4.20 1/2 LOW 4.55 1/2 CLOSE4.22 1/4 Down 3/4 CLOSE 4.57 3/4 Unchanged OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR14+MAR14+MAR14 CK Low -0.30 3.92 154.42 -0.40 4.18 164.46 CK High -0.25 3.97 156.39 -0.40 4.18 164.46 CK Avg -0.27 -0.49 3.96 155.73 -0.40 -0.64 4.18 164.46 Essex Cty -0.30 3.92 154.42 -0.45 4.13 162.49 Mdsx Low -0.25 3.97 156.39 -0.40 4.18 164.46 Mdsx High -0.15 4.07 160.33 -0.40 4.18 164.46 Mdsx Avg -0.20 -0.43 4.02 158.36 -0.40 -0.64 4.18 164.46 Hensall -0.23 4.00 157.37 -0.43 4.15 163.48 Bruce -0.25 3.97 156.39 -0.40 4.18 164.46 Putnam -0.35 3.87 152.45 -0.65 3.93 154.62 Burford -0.25 3.97 156.39 -0.40 4.18 164.46 Port Perry -0.35 3.87 152.45 -0.40 4.18 164.46 Norfolk -0.30 3.92 154.42 -0.40 4.18 164.46 Palmerston -0.30 3.92 154.42 -0.60 3.98 156.59 Varna -0.20 4.02 158.36 -0.45 4.13 162.49 Trenton -0.25 3.97 156.39 -0.50 4.08 160.52 Winchester N/A N/A North Gower -0.40 3.82 150.49N/A Huron FOB -0.20 4.02 158.36 -0.45 4.13 162.49 Kent FOB -0.30 3.92 154.42 -0.40 4.18 164.46 Lamb FOB -0.30 3.92 154.42 -0.40 4.18 164.46 Mdsx FOB -0.25 -0.20 -0.20N/A 3.97 156.39 -0.40 4.18 164.46 FOB SW Que 0.21 4.43 174.50N/A Track 0.08 4.30 169.19N/A PROCESSORS Chat-Eth -0.55 -0.35 -0.30 -0.25 3.67 144.58N/A Jhnstwn-Eth N/A -0.20 -0.30 -0.25 N/A Aylmer-Eth -0.55 -0.35 -0.30 -0.25 3.67 144.58 N/A Sarn-Eth -0.20 -0.10 -0.10 -0.10 4.02 158.36N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A -0.14 -0.05 -0.10 N/A Pt.Colb-Ing -0.05 -0.25 -0.05 0.00 4.17 164.26N/A Cardnl-Ing -0.05 0.10 -0.05 0.00 4.17 164.26N/A W O Feed 0.14 0.08 4.36 171.74 US Rep 0.30 0.24 4.52 178.04 Toledo El. -0.25 3.97 156.28 -0.38 4.20 165.28 TRANSFER Sarnia N/A N/A Pt. Stanley -0.30 3.92 154.42N/A Hamilton 0.12 4.34171 N/A MID SD CRN -0.27 1/2 3.94 3/4 HI SD CRN -0.25 3.97 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0535 up 0.0029 Chicago soybeans closed slightly higher to higher. JAN14 HI 13.22 NOV14 HI 11.69 LOW 12.90 1/2 LOW 11.56 1/4 CLOSE13.19 1/2 Up 28 CLOSE 11.67 Up 7 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR14 CK Low 0.27 13.47 494.75-0.25 11.42 419.61 CK High 0.34 13.54 497.33-0.20 11.47 421.45 CK Average 0.30 -0.4013.50 495.92-0.24-0.8611.43 419.98 Essex Cty 0.50 13.70 503.210.04 11.71 430.27 Mdsx Low 0.29 13.49 495.49-0.20 11.47 421.45 Mdsx High 0.30 13.50 495.86-0.20 11.47 421.45 Mdsx Average 0.30 -0.4113.49 495.67-0.20-0.8211.47 421.45 Hensall 0.25 13.45 494.02-0.23 11.45 420.53 Bruce 0.30 13.50 495.86-0.20 11.47 421.45 Putnam 0.30 13.50 495.86-0.25 11.42 419.61 Burford 0.32 13.52 496.59-0.17 11.50 422.55 Port Perry 0.29 13.49 495.49-0.20 11.47 421.45 Norfolk 0.27 13.47 494.75-0.20 11.47 421.45 Palmerston 0.25 13.45 494.02-0.25 11.42 419.61 Varna 0.20 13.40 492.18-0.25 11.42 419.61 Trenton 0.20 13.40 492.18-0.25 11.42 419.61 Winchester 0.30 13.50 495.86-0.05 11.62 426.96 North Gower 0.48 13.68 502.47 N/A Huron FOB 0.30 13.50 495.86-0.25 11.42 419.61 Kent FOB 0.27 13.47 494.75-0.25 11.42 419.61 Lambton FOB 0.27 13.47 494.75-0.25 11.42 419.61 Middlesex FOB0.62 -0.36 N/A N/A 13.82 507.61-0.12 11.55 424.39 PROCESSORS Hamilton 0.85 0.90 0.75 N/A 14.05 516.070.26 11.93 438.35 Windsor 0.72 0.74 0.75 0.71 13.92 511.290.26 11.93 438.35 Winchester N/A N/A TRANSFER Hamilton 0.96 N/A N/A N/A 14.16 520.11 N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.33 14.53 533.70 N/A Toledo El. -0.02 13.17 484.06-0.51 11.16 410.22 Bank of Canada Noon exchange rate was 1.0535 up 0.0029 Chicago wheat closed slightly higher. DEC13 HI 6.53 3/4 JUL14 HI 6.61 LOW 6.48 1/2 LOW 6.56 3/4 CLOSE 6.49 1/2 Up 3/4 CLOSE 6.59 Up 3 Minni wheat closed steady to slightly higher. DEC13 HI 7.01 1/4 SEP14 HI 7.24 1/2 LOW 6.96 LOW 7.21 CLOSE 6.99 1/4 Up 3 CLOSE 7.23 Unchanged GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.28 -0.18 -0.44 -0.57 CAD $/bu 6.21 6.32 6.05 6.42 CAD $/tonne 228.20 232.07 222.39 235.84 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 -0.70 -0.07 -0.54 N/A -0.28 -0.28 -0.64 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 -0.75 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A -0.59 N/A N/A N/A -0.53 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 0.07 -0.51 -0.52 N/A -0.24 -0.66 -0.61 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 -0.37 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 -0.08 N/A N/A N/A -0.34 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 0.29N/A 0.98N/A 0.46N/A Toledo El. 6.34US 6.67CA 6.46US 6.81CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.28 -0.07 -0.49 -0.61 CAD $/bu 6.31 6.52 6.10 6.62 CAD $/tonne 231.87 239.62 224.13 243.10 (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 564.17 - 572.99 DDG's FOB Srn & Aylm 240.00