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<DIV>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, October 1<BR>(All Bases in CAD)<BR>Bank of Canada Noon exchange rate was 1.0215 down 0.0083<BR>Chicago corn closed sharply lower to limit down.</DIV>
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<DIV> DEC10 HI 4.94 3/4 DEC11 HI 4.82 1/4<BR> LOW 4.65 3/4 LOW 4.60 3/4<BR> CLOSE4.65 3/4 Down 30 CLOSE 4.60 3/4 Down 20 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+MAR11+MAR11<BR>CK Low -0.80 3.86 151.86 -0.65 3.96 155.80<BR>CK High -0.75 3.91 153.83 -0.65 3.96 155.80<BR>CK Avg -0.79 -0.89 3.87 152.19 -0.65 -0.76 3.96 155.80<BR>Essex Cty -0.75 3.91 153.83 -0.65 3.96 155.80<BR>Mdsx Low -0.80 3.86 151.86 -0.65 3.96 155.80<BR>Mdsx High -0.75 3.91 153.83 -0.65 3.96 155.80<BR>Mdsx Avg -0.78 -0.88 3.87 152.52 -0.65 -0.76 3.96 155.80<BR>Hensall -0.80 3.86 151.86 -0.65 3.96 155.80<BR>Bruce -0.80 3.86 151.86 -0.65 3.96 155.80<BR>Putnam -0.80 3.86 151.86 N/A<BR>Princeton -0.75 3.91 153.83 -0.65 3.96 155.80<BR>Durham -0.80 3.86 151.86 -0.65 3.96 155.80<BR>Norfolk -0.80 3.86 151.86 -0.65 3.96 155.80<BR>Trenton -0.90 3.76 147.93 -0.90 3.71 145.96<BR>Winchester -0.90 3.76 147.93 -0.75 3.86 151.86<BR>North Gower N/A N/A<BR>Huron FOB -0.70 3.96 155.80 -0.55 4.06 159.74<BR>Kent FOB -0.80 3.86 151.86 -0.65 3.96 155.80<BR>Lamb FOB -0.80 3.86 151.86 -0.65 3.96 155.80<BR>Mdsx FOB -0.80 N/A N/A N/A 3.86 151.86 -0.65 3.96 155.80<BR>FOB SW Que -0.60 4.06 159.74 N/A<BR>Track -0.43 4.23 166.63 N/A<BR>PROCESSORS<BR>Chat-Eth N/A N/A N/A N/A -0.40 4.21 165.64<BR>Jhnstwn-Eth N/A N/A N/A N/A -0.30 4.31 169.58<BR>Aylmer-Eth N/A N/A -1.00 -0.75 N/A<BR>Sarn-Eth -0.55 -0.50 -0.50 N/A 4.11 161.71 N/A<BR>Cllngwd-Eth -0.55 N/A N/A N/A 4.11 161.71 N/A<BR>London-Cas -0.65 -0.70 -0.60 N/A 4.01 157.77 N/A<BR>Pt.Colb-Cas -0.60 N/A -0.55 N/A 4.06 159.74 N/A<BR>Cardnl-Cas N/A -0.50 -0.35 N/A N/A<BR>W O Feed -0.42 -0.44 4.24 166.98</DIV>
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<DIV>US Rep -0.25 -0.27 4.41 173.52<BR>Toledo El. -0.44 4.22 166.07 -0.48 4.13 162.46</DIV>
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<DIV>TRANSFER<BR>Sarnia -0.75 3.91 153.83 -0.65 3.96 155.80<BR>Pt. Stanley -0.90 3.76 147.93 -0.68 3.93 154.62<BR>Hamilton -0.72 3.94 155.01 -0.43 4.18164 1/2</DIV>
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<DIV>MID SD CRN -0.77 1/2 3.88 1/4<BR>HI SD CRN -0.75 3.90 3/4</DIV>
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<DIV><BR>Bank of Canada Noon exchange rate was 1.0215 down 0.0083<BR>Chicago soybeans closed lower to sharply lower.</DIV>
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<DIV> NOV10 HI 11.06 1/2 NOV11 HI 10.83 3/4<BR> LOW 10.55 LOW 10.42<BR> CLOSE10.57 Down 49 3/4 CLOSE 10.43 1/2 Down 41 1/2</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+JAN1+JAN11<BR>CK Low -0.75 9.82 360.82-0.70 9.74 357.70<BR>CK High -0.65 9.92 364.50-0.60 9.84 361.37<BR>CK Average -0.71 -0.93 9.86 362.44-0.67-0.91 9.77 358.80<BR>Essex Cty -0.69 9.88 363.03-0.73 9.71 356.60<BR>Mdsx Low -0.82 9.75 358.25-0.72 9.72 356.97<BR>Mdsx High -0.74 9.83 361.19-0.64 9.80 359.90<BR>Mdsx Average -0.77 -0.99 9.80 360.09-0.69-0.93 9.75 358.19<BR>Hensall -0.78 9.80 359.90-0.73 9.71 356.78<BR>Bruce -0.75 9.82 360.82-0.70 9.74 357.70<BR>Putnam -0.80 9.77 358.99-0.75 9.69 355.86<BR>Princeton -0.74 9.83 361.19-0.76 9.68 355.50<BR>Durham -0.78 9.79 359.72-0.74 9.70 356.23<BR>Norfolk -0.69 9.88 363.03-0.70 9.74 357.70<BR>Trenton -0.50 10.07 370.01-0.60 9.84 361.37<BR>Winchester -0.37 10.20 374.79-0.48 9.96 365.78<BR>North Gower N/A N/A<BR>Huron FOB -0.70 9.87 362.66-0.65 9.79 359.54<BR>Kent FOB -0.74 9.83 361.19-0.70 9.74 357.70<BR>Lambton FOB -0.74 9.83 361.19-0.70 9.74 357.70<BR>Middlesex FOB-0.64-0.59-0.49 N/A 9.93 364.87-0.55 9.89 363.21</DIV>
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<DIV>PROCESSORS<BR>Hamilton -0.44 N/A N/A N/A 10.13 372.21-0.31 10.13 372.03<BR>Windsor -0.38 N/A N/A N/A 10.19 374.42-0.45 9.99 366.89<BR>Winchester -0.20 10.37 381.03-0.37 10.07 369.83</DIV>
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<DIV>TRANSFER<BR>Hamilton -0.50 N/A N/A N/A 10.07 370.01-0.25 10.19 374.23<BR>Pt. Stanley -0.95 9.62 353.47-0.65 9.79 359.54<BR>Sarnia -0.30 10.27 377.36-0.21 10.23 375.70<BR>Owen Sound N/A N/A<BR>Sorel QC 0.35 10.92 401.240.30 10.74 394.44</DIV>
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<DIV>Toledo El. -0.49 10.08 370.37-0.54 9.89 363.50</DIV>
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<DIV><BR>Bank of Canada Noon exchange rate was 1.0215 down 0.0083<BR>Chicago wheat closed moderately lower.<BR> DEC10 HI 6.78 1/4 JUL11 HI 7.19 1/4<BR> LOW 6.46 1/2 LOW 6.94 1/4<BR> CLOSE 6.55 Down 19 CLOSE 7.02 Down 10 3/4</DIV>
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<DIV>Minni wheat closed slightly to moderately lower.<BR> DEC10 HI 7.24 3/4 SEP11 HI 7.24 1/4<BR> LOW 7.00 1/4 LOW 7.09<BR> CLOSE 7.06 Down 15 CLOSE 7.14 3/4 Down 9</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 -1.29 -1.09 -1.75 -1.33<BR>CAD $/bu 5.26 5.46 4.80 5.73<BR>CAD $/tonne 193.23 200.73 176.35 210.49</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 -2.20 N/A N/A -1.20 -2.20 N/A<BR>London -1.30 -1.25 -2.18 N/A -1.55 -1.19 -2.27 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 -2.00 N/A<BR>Winchester N/A N/A N/A N/A N/A N/A N/A N/A<BR>Essex N/A N/A N/A N/A N/A N/A -2.47 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 -1.10 -2.10 N/A N/A -1.20 -2.17 N/A<BR>Brigden N/A -1.10 -2.10 N/A N/A -1.20 -2.17 N/A<BR>Palmerston N/A -1.05 -2.08 -1.21 N/A -1.17 -2.11 -1.21<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 -1.40 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 -1.21 -0.80 -1.81 N/A<BR>Hamilton N/A N/A -1.70 N/A N/A N/A -1.55 N/A<BR>Pt. Stanley N/A N/A -2.25 N/A N/A N/A -0.20 N/A</DIV>
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<DIV>PROCESSORS<BR>Toledo FM N/A N/A -0.68 N/A 0.42 N/A -0.86 N/A</DIV>
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<DIV>Toledo El. 5.65US 5.77CA 5.89US 6.03CA</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 -1.27 -1.07 -1.83 -1.22<BR>CAD $/bu 5.75 5.95 5.19 5.93<BR>CAD $/tonne 211.25 218.77 190.58 217.92</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 240.00 - 245.00<BR>Bayport Oats 290.00<BR>Bayport Barley 235.00<BR>FOB Hm Soymeal 349.11 - 355.72<BR>DDG's FOB Sarnia 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>