FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, September 16 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0274 down 0.0008 Chicago corn closed slightly higher. DEC10 HI 4.97 1/2 DEC10 HI 4.97 1/2 LOW 4.89 1/2 LOW 4.89 1/2 CLOSE4.96 Up 3/4 CLOSE 4.96 Up 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC10+DEC10+MAR11 CK Low -0.80 4.16 163.77 -0.80 4.16 163.77 CK High -0.75 4.21 165.74 -0.75 4.21 165.74 CK Avg -0.79 -0.93 4.17 164.10 -0.79 -0.98 4.17 164.10 Essex Cty -0.75 4.21 165.74 -0.75 4.21 165.74 Mdsx Low -0.80 4.16 163.77 -0.80 4.16 163.77 Mdsx High -0.75 4.21 165.74 -0.75 4.21 165.74 Mdsx Avg -0.78 -0.92 4.18 164.43 -0.78 -0.97 4.18 164.43 Hensall -0.76 4.20 165.35 -0.76 4.20 165.35 Bruce -0.80 4.16 163.77 -0.80 4.16 163.77 Putnam -0.80 4.16 163.77 -0.80 4.16 163.77 Princeton -0.75 4.21 165.74 -0.75 4.21 165.74 Durham -0.80 4.16 163.77 -0.80 4.16 163.77 Norfolk N/A -0.80 4.16 163.77 Trenton N/A -0.70 4.26 167.71 Winchester N/A -0.65 4.31 169.68 North Gower N/A N/A Huron FOB -0.72 4.24 166.92 -0.72 4.24 166.92 Kent FOB N/A -0.80 4.16 163.77 Lamb FOB N/A -0.80 4.16 163.77 Mdsx FOB -0.80 N/A N/A N/A 4.16 163.77 -0.80 4.16 163.77 FOB SW Que N/A -0.20 4.76 187.39 Track -0.48 4.49 176.57 N/A PROCESSORS Chat-Eth N/A N/A N/A -0.55 N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth -1.00 N/A -0.75 -0.60 3.96 155.90 -0.75 4.21 165.74 Sarn-Eth N/A -0.55 -0.50 -0.50 -0.55 4.41 173.61 Cllngwd-Eth -0.55 N/A N/A N/A 4.41 173.61 -0.25 4.71 185.42 London-Cas N/A -0.45 -0.60 -0.50 -0.45 4.51 177.55 Pt.Colb-Cas N/A N/A -0.50 -0.45 -0.50 4.46 175.58 Cardnl-Cas N/A N/A -0.45 -0.30 -0.45 4.51 177.55 W O Feed -0.30 -0.33 4.66 183.46 US Rep -0.30 -0.33 4.66 183.46 Toledo El. -0.44 4.52 177.86 -0.50 4.46 175.66 TRANSFER Sarnia -0.75 4.21 165.74 -0.75 4.21 165.74 Pt. Stanley N/A -0.80 4.16 163.77 Hamilton N/A -0.50 4.46175 4/7 MID SD CRN -0.77 1/2 4.18 1/2 HI SD CRN -0.75 4.21 Bank of Canada Noon exchange rate was 1.0274 down 0.0008 Chicago soybeans closed slightly lower. NOV10 HI 10.46 1/2 NOV11 HI 10.35 3/4 LOW 10.33 LOW 10.25 1/4 CLOSE10.36 1/4 Down 6 1/4 CLOSE 10.27 1/2 Down 4 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV10 CK Low -0.65 9.71 356.87-0.75 9.53 349.98 CK High -0.58 9.78 359.45-0.60 9.68 355.50 CK Average -0.62 -0.92 9.74 357.90-0.70-1.08 9.58 351.97 Essex Cty -0.60 9.76 358.71-0.82 9.46 347.41 Mdsx Low -0.65 9.71 356.87-0.70 9.58 351.82 Mdsx High -0.59 9.77 359.08-0.64 9.64 354.03 Mdsx Average -0.61 -0.91 9.75 358.22-0.67-1.05 9.61 353.05 Hensall -0.65 9.71 356.87-0.68 9.60 352.74 Bruce -0.65 9.71 356.87-0.70 9.58 351.82 Putnam -0.65 9.71 356.87-0.70 9.58 351.82 Princeton -0.62 9.74 357.98-0.79 9.49 348.51 Durham -0.61 9.75 358.34-0.68 9.60 352.56 Norfolk -0.58 9.78 359.45-0.70 9.58 351.82 Trenton -0.40 9.96 366.06-0.55 9.73 357.33 Winchester -0.21 10.15 373.04-0.36 9.92 364.31 North Gower N/A N/A Huron FOB -0.55 9.81 360.55-0.55 9.73 357.33 Kent FOB -0.63 9.73 357.61-0.70 9.58 351.82 Lambton FOB -0.63 9.73 357.61-0.70 9.58 351.82 Middlesex FOB-0.42 N/A N/A N/A 9.94 365.32-0.49 9.79 359.54 PROCESSORS Hamilton -0.15 N/A N/A N/A 10.21 375.25-0.24 10.04 368.72 Windsor -0.19 N/A N/A N/A 10.17 373.78-0.34 9.94 365.05 Winchester -0.11 10.25 376.71-0.11 10.17 373.50 TRANSFER Hamilton -0.20 N/A N/A N/A 10.16 373.41 N/A Pt. Stanley -0.65 9.71 356.87 N/A Sarnia -0.17 10.19 374.51-0.22 10.06 369.46 Owen Sound -0.60 9.76 358.71 N/A Sorel QC 0.55 10.91 400.970.25 10.53 386.73 Toledo El. -0.29 10.07 370.18-0.55 9.73 357.34 Bank of Canada Noon exchange rate was 1.0274 down 0.0008 Chicago wheat closed slightly lower. DEC10 HI 7.37 3/4 JUL11 HI 7.46 1/4 LOW 7.11 1/2 LOW 7.23 1/2 CLOSE 7.19 1/4 Down 7 1/2 CLOSE 7.32 Down 7 Minni wheat closed slightly lower. DEC10 HI 7.66 SEP11 HI 7.41 LOW 7.45 LOW 7.30 CLOSE 7.53 1/2 Down 5 CLOSE 7.32 3/4 Down 8 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.24 -1.03 -1.70 -1.07 CAD $/bu 5.96 6.16 5.49 6.46 CAD $/tonne 218.88 226.44 201.88 237.49 Direct MarkHarvest 2010 Harvest 2011 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 -1.30 -2.15 N/A N/A -1.20 -1.95 N/A London -1.28 -1.43 -2.10 N/A -1.53 -1.32 -2.15 N/A Hensall -1.30 N/A -2.15 N/A -1.40 N/A -2.20 N/A Trenton N/A N/A -1.75 N/A N/A N/A -2.05 N/A Winchester N/A N/A N/A -0.65 N/A N/A N/A N/A Essex N/A N/A N/A N/A N/A N/A -2.27 N/A Norwich -1.30 N/A -2.15 N/A -1.40 N/A -2.20 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -1.30 N/A -2.15 N/A -1.40 N/A -2.20 N/A Chatham N/A -1.15 -2.20 N/A N/A -1.05 -2.20 N/A Brigden N/A -1.15 -2.20 N/A N/A -1.05 -2.20 N/A Palmerston N/A -1.01 -2.07 -0.61 N/A -1.16 -2.11 -0.72 Mitchell -1.30 -1.20 -2.15 N/A -1.40 -1.20 -2.20 N/A Thornton N/A N/A N/A -1.20 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A N/A TERMINAL Sarnia N/A N/A N/A N/A -1.11 -0.85 -1.77 N/A Hamilton N/A N/A -1.65 N/A N/A N/A -1.40 N/A Pt. Stanley N/A N/A -2.15 N/A N/A N/A -1.85 N/A PROCESSORS Toledo FM N/A N/A -0.72 N/A 0.79 N/A -0.76 N/A Toledo El. 6.24US 6.42CA 6.19US 6.42CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.18 -0.97 -1.75 -1.13 CAD $/bu 6.14 6.35 5.57 6.20 CAD $/tonne 225.65 233.27 204.68 227.84 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 245.00 Bayport Oats 260.00 Bayport Barley 215.00 FOB Hm Soymeal 366.08 - 373.80 DDG's FOB Sarnia 140.00