FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 3 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0662 up 0.0028 Chicago corn closed slightly to moderately higher. MAR14 HI 4.32 1/4 DEC14 HI 4.61 LOW 4.23 LOW 4.52 CLOSE4.31 1/4 Up 6 3/4 CLOSE 4.60 Up 5 3/4 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 4.06 159.93 -0.45 4.15 163.38 CK High -0.25 4.06 159.93 -0.40 4.20 165.35 CK Avg -0.25 -0.54 4.06 159.93 -0.41 -0.72 4.19 165.02 Essex Cty -0.25 4.06 159.93 -0.40 4.20 165.35 Mdsx Low -0.25 4.06 159.93 -0.40 4.20 165.35 Mdsx High -0.25 4.06 159.93 -0.40 4.20 165.35 Mdsx Avg -0.25 -0.54 4.06 159.93 -0.40 -0.71 4.20 165.35 Hensall -0.25 4.06 159.93 -0.40 4.20 165.35 Bruce -0.25 4.06 159.93 -0.40 4.20 165.35 Putnam N/A -0.40 4.20 165.35 Burford -0.25 4.06 159.93 -0.40 4.20 165.35 Port Perry -0.35 3.96 156.00 -0.40 4.20 165.35 Norfolk -0.25 4.06 159.93 -0.40 4.20 165.35 Palmerston -0.29 4.02 158.36 -0.40 4.20 165.35 Varna -0.25 4.06 159.93 -0.40 4.20 165.35 Trenton -0.25 4.06 159.93 -0.45 4.15 163.38 Winchester N/A N/A North Gower -0.28 4.03 158.75 -0.60 4.00 157.47 Huron FOB -0.20 4.11 161.90 -0.35 4.25 167.32 Kent FOB -0.25 4.06 159.93 -0.40 4.20 165.35 Lamb FOB -0.25 4.06 159.93 -0.40 4.20 165.35 Mdsx FOB -0.20 -0.20 -0.20N/A 4.11 161.90 -0.40 4.20 165.35 FOB SW Que 0.05 4.36 171.74N/A Track 0.10 4.41 173.71N/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 4.11 161.90 N/A Sarn-Eth -0.10 -0.10 -0.10N/A 4.21 165.84N/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 4.10 161.41 Pt.Colb-Ing N/A 0.05 0.00 -0.05 0.10 4.70 185.03 Cardnl-Ing 0.15 0.05 0.00 -0.05 4.46 175.68 0.05 4.65 183.06 W O Feed 0.14 0.07 4.45 175.29 US Rep 0.45 0.38 4.76 187.49 Toledo El. -0.21 4.10 161.37 -0.38 4.22 165.96 TRANSFER Sarnia N/A N/A Pt. Stanley -0.25 4.06 159.93N/A Hamilton 0.10 4.41173 5/7N/A MID SD CRN -0.25 4.06 1/4 HI SD CRN -0.25 4.06 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0662 up 0.0028 Chicago soybeans closed mixed. JAN14 HI 13.29 NOV14 HI 11.59 LOW 13.11 1/4 LOW 11.45 1/2 CLOSE13.19 3/4 Down 1 1/2 CLOSE 11.57 3/4 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 0.40 13.60 499.62-0.15 11.43 419.89 CK High 0.43 13.63 500.720.00 11.58 425.40 CK Average 0.41 -0.4913.60 499.81-0.10-0.8911.48 421.73 Essex Cty 0.61 13.81 507.340.16 11.74 431.28 Mdsx Low 0.39 13.59 499.26-0.14 11.44 420.26 Mdsx High 0.40 13.60 499.62-0.10 11.48 421.73 Mdsx Average 0.40 -0.5013.59 499.44-0.12-0.9111.46 420.99 Hensall 0.38 13.57 498.70-0.13 11.45 420.81 Bruce 0.40 13.60 499.62-0.10 11.48 421.73 Putnam N/A -0.20 11.38 418.05 Burford 0.42 13.62 500.36-0.11 11.47 421.36 Port Perry 0.39 13.59 499.26-0.14 11.44 420.26 Norfolk 0.45 13.65 501.46-0.10 11.48 421.73 Palmerston 0.30 13.50 495.95-0.20 11.38 418.05 Varna 0.35 13.55 497.79-0.15 11.43 419.89 Trenton 0.30 13.50 495.95-0.15 11.43 419.89 Winchester 0.49 13.69 502.930.07 11.65 427.97 North Gower 0.38 13.58 498.89-0.05 11.53 423.56 Huron FOB 0.45 13.65 501.46-0.10 11.48 421.73 Kent FOB 0.40 13.60 499.62-0.15 11.43 419.89 Lambton FOB 0.40 13.60 499.62-0.15 11.43 419.89 Middlesex FOB0.62 0.69 0.69 N/A 13.82 507.71-0.01 11.57 425.03 PROCESSORS Hamilton 0.95 0.85 N/A N/A 14.15 519.830.35 11.93 438.26 Windsor 0.84 0.85 0.86 N/A 14.04 515.790.39 11.97 439.73 Winchester N/A N/A TRANSFER Hamilton 0.90 N/A N/A N/A 14.10 517.99 N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 1.05 14.25 523.51 N/A Toledo El. -0.03 13.17 483.75-0.41 11.17 410.49 Bank of Canada Noon exchange rate was 1.0662 up 0.0028 Chicago wheat closed slightly higher. MAR14 HI 6.69 1/4 JUL14 HI 6.69 LOW 6.62 LOW 6.62 CLOSE 6.68 1/4 Up 6 1/2 CLOSE 6.68 1/4 Up 4 3/4 Minni wheat closed slightly higher. MAR14 HI 7.09 1/2 SEP14 HI 7.23 LOW 7.02 3/4 LOW 7.20 1/2 CLOSE 7.04 1/2 Up 2 CLOSE 7.20 1/2 Up 1 GFO Cash Wheat Prices - DEL Terminal Current Crop 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.19 0.03 -0.29 -0.54 CAD $/bu 6.50 6.71 6.39 6.51 CAD $/tonne 238.67 246.52 234.75 239.16 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 -0.35 -0.50 N/A London -0.78 -0.14 -0.62 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 -0.70 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A -0.65 N/A N/A N/A -0.46 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 -0.50 N/A N/A N/A -0.55 N/A Brigden N/A -0.70 -0.50 N/A N/A N/A -0.55 N/A Palmerston N/A 0.06 -0.52 -0.44 N/A -0.17 -0.60 -0.43 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 -0.30 N/A N/A N/A N/A North Gower N/A N/A N/A -0.58 N/A N/A N/A -0.88 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.14 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 0.95N/A 0.30N/A 1.09N/A 0.56N/A Toledo El. 6.57US 7.02CA 6.55US 7.00CA GFO Contract Wheat Prices - DEL Terminal Harvest 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.19 0.03 -0.40 -0.53 CAD $/bu 6.50 6.71 6.28 6.68 CAD $/tonne 238.67 246.52 230.83 245.44 (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 579.94 - 584.35 DDG's FOB Srn & Aylm 240.00 - 250.00