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<DIV>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, September 27<BR>(All Bases in CAD)<BR>Bank of Canada Noon exchange rate was 1.026 down 0.0003<BR>Chicago corn closed moderately lower.</DIV>
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<DIV> DEC10 HI 5.28 3/4 DEC11 HI 4.95<BR> LOW 5.11 1/4 LOW 4.83<BR> CLOSE5.12 3/4 Down 9 CLOSE 4.84 1/4 Down 5 1/2</DIV>
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<DIV> OLD CROP BASIS NEW CROP BASIS<BR>Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt<BR>ELEVATORS +DEC10+DEC10+MAR11<BR>CK Low -0.85 4.28 168.40 -0.80 4.04 159.15<BR>CK High -0.80 4.33 170.37 -0.65 4.19 165.05<BR>CK Avg -0.84 -0.98 4.29 168.73 -0.68 -0.82 4.17 164.07<BR>Essex Cty -0.80 4.33 170.37 -0.80 4.04 159.15<BR>Mdsx Low -0.85 4.28 168.40 -0.80 4.04 159.15<BR>Mdsx High -0.80 4.33 170.37 -0.65 4.19 165.05<BR>Mdsx Avg -0.83 -0.98 4.29 169.05 -0.70 -0.85 4.14 163.08<BR>Hensall -0.83 4.30 169.38 -0.65 4.19 165.05<BR>Bruce -0.85 4.28 168.40 -0.65 4.19 165.05<BR>Putnam -0.85 4.28 168.40 N/A<BR>Princeton -0.80 4.33 170.37 -0.80 4.04 159.15<BR>Durham -0.85 4.28 168.40 -0.65 4.19 165.05<BR>Norfolk -0.85 4.28 168.40 -0.65 4.19 165.05<BR>Trenton -0.90 4.23 166.43 N/A<BR>Winchester -0.75 4.38 172.33 N/A<BR>North Gower N/A N/A<BR>Huron FOB -0.85 4.28 168.40 -0.55 4.29 168.99<BR>Kent FOB -0.85 4.28 168.40 -0.65 4.19 165.05<BR>Lamb FOB -0.85 4.28 168.40 -0.65 4.19 165.05<BR>Mdsx FOB -0.85 N/A N/A N/A 4.28 168.40 -0.65 4.19 165.05<BR>FOB SW Que -0.55 4.58 180.21 N/A<BR>Track -0.60 4.53 178.24 N/A<BR>PROCESSORS<BR>Chat-Eth N/A N/A N/A N/A N/A<BR>Jhnstwn-Eth N/A N/A N/A N/A N/A<BR>Aylmer-Eth N/A N/A -0.75 -0.60 N/A<BR>Sarn-Eth -0.60 -0.60 -0.60 N/A 4.53 178.24 N/A<BR>Cllngwd-Eth -0.85 N/A N/A N/A 4.28 168.40 -0.95 3.89 153.24<BR>London-Cas -0.60 N/A N/A N/A 4.53 178.24 N/A<BR>Pt.Colb-Cas -0.55 N/A N/A N/A 4.58 180.21 N/A<BR>Cardnl-Cas -0.45 N/A N/A N/A 4.68 184.15 N/A<BR>W O Feed -0.39 -0.42 4.74 186.51</DIV>
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<DIV>US Rep -0.30 -0.33 4.83 190.05<BR>Toledo El. -0.49 4.63 182.44 -0.48 4.36 171.58</DIV>
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<DIV>TRANSFER<BR>Sarnia -0.80 4.33 170.37 -0.80 4.04 159.15<BR>Pt. Stanley -0.90 4.23 166.43 -0.65 4.19 165.05<BR>Hamilton -0.80 4.33 170.37 -0.40 4.44174 8/9</DIV>
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<DIV>MID SD CRN -0.82 1/2 4.30 1/4<BR>HI SD CRN -0.80 4.32 3/4</DIV>
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<DIV><BR>Bank of Canada Noon exchange rate was 1.026 down 0.0003<BR>Chicago soybeans closed slightly higher.</DIV>
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<DIV> NOV10 HI 11.44 NOV11 HI 11.11<BR> LOW 11.22 LOW 10.90 3/4<BR> CLOSE11.28 1/2 Up 2 1/2 CLOSE 10.98 1/2 Up 1/4</DIV>
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<DIV> OLD CROP NEW CROP<BR>Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt<BR>ELEVATORS +NOV1+NOV1+NOV10<BR>CK Low -0.80 10.49 385.26-0.79 10.20 374.60<BR>CK High -0.70 10.59 388.93-0.57 10.42 382.69<BR>CK Average -0.76 -1.0710.53 386.87-0.72-1.0610.26 377.10<BR>Essex Cty -0.72 10.57 388.20-0.80 10.19 374.23<BR>Mdsx Low -0.80 10.49 385.26-0.75 10.24 376.07<BR>Mdsx High -0.77 10.52 386.36-0.61 10.38 381.22<BR>Mdsx Average -0.79 -1.1010.50 385.75-0.69-1.0310.29 378.15<BR>Hensall -0.80 10.49 385.26-0.75 10.24 376.07<BR>Bruce -0.80 10.49 385.26-0.75 10.24 376.07<BR>Putnam -0.80 10.49 385.26-0.75 10.24 376.07<BR>Princeton -0.78 10.51 385.99-0.73 10.26 376.81<BR>Durham -0.83 10.46 384.16-0.74 10.25 376.44<BR>Norfolk -0.72 10.57 388.20-0.74 10.25 376.44<BR>Trenton -0.55 10.74 394.44-0.65 10.34 379.75<BR>Winchester -0.38 10.91 400.69-0.49 10.50 385.63<BR>North Gower N/A N/A<BR>Huron FOB -0.70 10.59 388.93-0.65 10.34 379.75<BR>Kent FOB -0.77 10.52 386.36-0.74 10.25 376.44<BR>Lambton FOB -0.77 10.52 386.36-0.74 10.25 376.44<BR>Middlesex FOB-0.70-0.59-0.49 N/A 10.59 388.93-0.55 10.44 383.42</DIV>
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<DIV>PROCESSORS<BR>Hamilton -0.34 N/A N/A N/A 10.95 402.16-0.23 10.76 395.18<BR>Windsor -0.25 N/A N/A N/A 11.04 405.47-0.38 10.61 389.67<BR>Winchester -0.17 11.12 408.41-0.28 10.71 393.34</DIV>
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<DIV>TRANSFER<BR>Hamilton -0.35 N/A N/A N/A 10.94 401.79-0.20 10.79 396.28<BR>Pt. Stanley -0.85 10.44 383.42-0.60 10.39 381.58<BR>Sarnia -0.31 10.98 403.26-0.19 10.80 396.65<BR>Owen Sound N/A N/A<BR>Sorel QC 0.50 11.79 433.020.30 11.29 414.65</DIV>
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<DIV>Toledo El. -0.39 10.89 400.30-0.55 10.44 383.56</DIV>
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<DIV><BR>Bank of Canada Noon exchange rate was 1.026 down 0.0003<BR>Chicago wheat closed slightly to moderately lower.<BR> DEC10 HI 7.31 JUL11 HI 7.54 3/4<BR> LOW 7.02 LOW 7.31 1/4<BR> CLOSE 7.06 1/2 Down 13 1/2 CLOSE 7.34 3/4 Down 9 3/4</DIV>
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<DIV>Minni wheat closed slightly to moderately lower.<BR> DEC10 HI 7.71 SEP11 HI 7.60<BR> LOW 7.45 LOW 7.42<BR> CLOSE 7.46 1/2 Down 16 CLOSE 7.47 1/2 Down 8 1/4</DIV>
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<DIV>GFO Cash Wheat Prices - DEL Terminal<BR>Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<BR>Basis -1.24 -1.04 -1.71 -1.28<BR>CAD $/bu 5.82 6.03 5.36 6.18<BR>CAD $/tonne 213.93 221.48 196.94 227.15</DIV>
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<DIV><BR>Direct MarkHarvest 2010 Harvest 2011<BR> DELIVERED BASIS DELIVERED BASIS<BR>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<BR>ELEVATORS<BR>Brgssvll N/A -1.30 -2.25 N/A N/A -1.15 -2.15 N/A<BR>London -1.30 -1.24 -2.17 N/A -1.55 -1.19 -2.26 N/A<BR>Hensall -1.30 N/A -2.15 N/A -1.40 N/A -2.20 N/A<BR>Trenton N/A N/A -1.75 N/A N/A N/A -2.05 N/A<BR>Winchester N/A N/A N/A -1.31 N/A N/A N/A N/A<BR>Essex N/A N/A N/A N/A N/A N/A -2.43 N/A<BR>Norwich -1.30 N/A -2.15 N/A -1.40 N/A -2.20 N/A<BR>Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A<BR>Kent Bridge -1.30 N/A -2.15 N/A -1.40 N/A -2.20 N/A<BR>Chatham N/A -1.25 -2.23 N/A N/A -1.20 -2.25 N/A<BR>Brigden N/A -1.25 -2.23 N/A N/A -1.20 -2.25 N/A<BR>Palmerston N/A -1.04 -2.09 -1.20 N/A -1.17 -2.11 -1.20<BR>Mitchell -1.30 -1.20 -2.15 N/A -1.40 -1.20 -2.20 N/A<BR>Thornton N/A N/A N/A -1.29 N/A N/A N/A N/A<BR>North Gower N/A N/A N/A N/A N/A N/A N/A N/A</DIV>
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<DIV>TERMINAL<BR>Sarnia N/A N/A N/A N/A -1.11 -0.85 -1.77 N/A<BR>Hamilton N/A N/A -1.65 N/A N/A N/A -1.50 N/A<BR>Pt. Stanley N/A N/A -2.25 N/A N/A N/A -2.00 N/A</DIV>
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<DIV>PROCESSORS<BR>Toledo FM N/A N/A N/A N/A N/A N/A N/A N/A</DIV>
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<DIV>Toledo El. 6.17US 6.34CA 6.22US 6.41CA</DIV>
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<DIV>GFO Contract Wheat Prices - DEL Terminal<BR>Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<BR>Basis -1.22 -1.01 -1.79 -1.16<BR>CAD $/bu 6.13 6.33 5.56 6.31<BR>CAD $/tonne 225.18 232.75 204.35 231.90</DIV>
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<DIV>(C)-Basis over the Chicago Board of Trade futures<BR>(M)-Basis over the Minneapolis Grain Exchange</DIV>
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<DIV>FEED GRAINS<BR>Bayport Wheat 245.00 - 247.00<BR>Bayport Oats 290.00<BR>Bayport Barley 230.00<BR>FOB Hm Soymeal 387.36 - 390.67<BR>DDG's FOB Sarnia 130.00 - 155.00<BR></DIV>
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<DIV>John Jordan<BR>Editor, AgriLink and Farm Market News<BR>University of Guelph, Ridgetown Campus<BR>Tel. 519-674-1500 x 1577</DIV>
<DIV>Fax. 519-674-1530<BR>E-mail: jjordan@ridgetownc.uoguelph.ca<BR>AgriLink website : www.ridgetownc.com/agrilink </DIV></BODY></HTML>