FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 2 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0634 up 0.0035 Chicago corn closed steady to slightly higher. MAR14 HI 4.25 DEC14 HI 4.55 LOW 4.18 1/2 LOW 4.48 3/4 CLOSE4.24 1/2 Unchanged CLOSE 4.54 1/4 Unchanged OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR14+MAR14+MAY14 CK Low -0.25 4.00 157.28 -0.45 4.09 161.11 CK High -0.25 4.00 157.28 -0.40 4.14 163.08 CK Avg -0.25 -0.53 4.00 157.28 -0.41 -0.71 4.13 162.75 Essex Cty -0.25 4.00 157.28 -0.40 4.14 163.08 Mdsx Low -0.25 4.00 157.28 -0.40 4.14 163.08 Mdsx High -0.25 4.00 157.28 -0.40 4.14 163.08 Mdsx Avg -0.25 -0.53 4.00 157.28 -0.40 -0.70 4.14 163.08 Hensall -0.25 4.00 157.28 -0.40 4.14 163.08 Bruce -0.25 4.00 157.28 -0.40 4.14 163.08 Putnam N/A -0.40 4.14 163.08 Burford -0.25 4.00 157.28 -0.40 4.14 163.08 Port Perry -0.35 3.90 153.34 -0.40 4.14 163.08 Norfolk -0.25 4.00 157.28 -0.40 4.14 163.08 Palmerston -0.28 3.97 156.10 -0.40 4.14 163.08 Varna -0.25 4.00 157.28 -0.40 4.14 163.08 Trenton -0.25 4.00 157.28 -0.45 4.09 161.11 Winchester N/A N/A North Gower -0.28 3.97 156.10 -0.65 3.89 153.24 Huron FOB -0.20 4.05 159.24 -0.35 4.19 165.05 Kent FOB -0.25 4.00 157.28 -0.40 4.14 163.08 Lamb FOB -0.25 4.00 157.28 -0.40 4.14 163.08 Mdsx FOB -0.20 -0.20 -0.20N/A 4.05 159.24 -0.40 4.14 163.08 FOB SW Que 0.05 4.30 169.09N/A Track 0.10 4.35 171.06N/A PROCESSORS Chat-Eth N/A -0.30 -0.25 -0.20 N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth -0.20 -0.15 -0.10 -0.15 4.05 159.24 N/A Sarn-Eth -0.10 -0.10 -0.10N/A 4.15 163.18N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A -0.10 -0.50 4.04 159.15 Pt.Colb-Ing N/A 0.05 0.00 -0.05 0.10 4.64 182.77 Cardnl-Ing 0.20 0.05 0.00 -0.05 4.45 174.99 0.05 4.59 180.80 W O Feed 0.14 0.07 4.39 172.63 US Rep 0.45 0.38 4.70 184.83 Toledo El. -0.21 4.03 158.72 -0.38 4.16 163.72 TRANSFER Sarnia N/A N/A Pt. Stanley -0.25 4.00 157.28N/A Hamilton 0.10 4.35171 N/A MID SD CRN -0.25 3.99 1/2 HI SD CRN -0.25 3.99 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0634 up 0.0035 Chicago soybeans closed mixed. JAN14 HI 13.46 NOV14 HI 11.51 3/4 LOW 13.19 1/4 LOW 11.45 CLOSE13.21 1/4 Down 15 1/4 CLOSE 11.50 Up 3 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR14 CK Low 0.40 13.61 500.17-0.15 11.35 417.04 CK High 0.43 13.64 501.28-0.10 11.40 418.88 CK Average 0.41 -0.4713.62 500.36-0.13-0.8911.38 417.96 Essex Cty 0.59 13.80 507.16-0.13 11.37 417.78 Mdsx Low 0.39 13.60 499.81-0.14 11.36 417.41 Mdsx High 0.40 13.61 500.17-0.10 11.40 418.88 Mdsx Average 0.40 -0.4813.61 499.99-0.12-0.8811.38 418.14 Hensall 0.38 13.59 499.26-0.13 11.38 417.96 Bruce 0.35 13.56 498.34-0.10 11.40 418.88 Putnam N/A -0.20 11.30 415.20 Burford 0.42 13.63 500.91-0.11 11.39 418.51 Port Perry 0.39 13.60 499.81-0.14 11.36 417.41 Norfolk 0.45 13.66 502.01-0.10 11.40 418.88 Palmerston 0.30 13.51 496.50-0.20 11.30 415.20 Varna 0.35 13.56 498.34-0.15 11.35 417.04 Trenton 0.30 13.51 496.50-0.25 11.25 413.37 Winchester 0.48 13.69 503.110.04 11.54 424.02 North Gower 0.37 13.58 499.07-0.13 11.37 417.78 Huron FOB 0.45 13.66 502.01-0.10 11.40 418.88 Kent FOB 0.40 13.61 500.17-0.15 11.35 417.04 Lambton FOB 0.40 13.61 500.17-0.15 11.35 417.04 Middlesex FOB0.62 0.69 0.69 N/A 13.83 508.26-0.01 11.49 422.19 PROCESSORS Hamilton 1.00 0.85 N/A N/A 14.21 522.220.35 11.85 435.41 Windsor 0.81 0.82 0.83 N/A 14.02 515.240.36 11.86 435.78 Winchester N/A N/A TRANSFER Hamilton 0.90 N/A N/A N/A 14.11 518.55 N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.05 14.26 524.06 N/A Toledo El. -0.03 13.18 484.30-0.41 11.09 407.67 Bank of Canada Noon exchange rate was 1.0634 up 0.0035 Chicago wheat closed slightly lower. MAR14 HI 6.74 3/4 JUL14 HI 6.75 LOW 6.60 1/2 LOW 6.62 1/2 CLOSE 6.61 3/4 Down 7 CLOSE 6.63 1/2 Down 7 1/4 Minni wheat closed slightly lower. MAR14 HI 7.11 1/2 SEP14 HI 7.25 3/4 LOW 7.02 LOW 7.19 CLOSE 7.02 1/2 Down 5 CLOSE 7.19 1/2 Down 2 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.20 0.01 -0.31 -0.55 CAD $/bu 6.42 6.63 6.31 6.48 CAD $/tonne 235.72 243.55 231.80 237.97 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 -0.40 -0.55 N/A London -0.76 -0.12 -0.60 N/A -0.21 -0.21 -0.58 N/A Hensall -0.10 N/A -0.40 N/A 0.00 N/A -0.50 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 -0.61 N/A N/A N/A -0.47 N/A Norwich -0.10 N/A -0.40 N/A 0.00 N/A -0.50 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.10 N/A -0.40 N/A 0.00 N/A -0.50 N/A Chatham N/A -0.70 -0.55 N/A N/A N/A -0.60 N/A Brigden N/A -0.70 -0.55 N/A N/A N/A -0.60 N/A Palmerston N/A 0.05 -0.53 -0.45 N/A -0.18 -0.61 -0.44 Varna -0.20 0.20 -0.45 N/A -0.20 -0.20 -0.60 N/A Mitchell -0.10 0.30 -0.40 N/A 0.00 -0.05 -0.50 N/A Thornton N/A N/A N/A 0.09 N/A N/A N/A N/A North Gower N/A N/A N/A -0.58 N/A N/A N/A -0.92 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.12 N/A N/A N/A -0.27 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM -0.07N/A 0.31N/A 1.08N/A 0.55N/A Toledo El. 6.51US 6.94CA 6.51US 6.93CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.20 0.01 -0.41 -0.54 CAD $/bu 6.43 6.65 6.22 6.66 CAD $/tonne 236.41 244.24 228.57 244.63 (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 310.00 Bayport Barley 270.00 FOB Hm Soymeal 580.93 - 582.03 DDG's FOB Srn & Aylm 240.00 - 250.00