FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, October 21 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0233 down 0.0012 Chicago corn closed moderately lower. DEC10 HI 5.79 1/2 DEC11 HI 5.34 1/4 LOW 5.61 3/4 LOW 5.21 3/4 CLOSE5.64 1/4 Down 9 1/4 CLOSE 5.22 3/4 Down 9 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC10+MAR11+MAR11 CK Low -0.85 4.79 188.67 -0.85 4.38 172.33 CK High -0.85 4.79 188.67 -0.80 4.43 174.30 CK Avg -0.85 -1.01 4.79 188.67 -0.83 -1.02 4.40 173.32 Essex Cty -0.85 4.79 188.67 -0.80 4.43 174.30 Mdsx Low -0.85 4.79 188.67 -0.85 4.38 172.33 Mdsx High -0.85 4.79 188.67 -0.80 4.43 174.30 Mdsx Avg -0.85 -1.01 4.79 188.67 -0.83 -1.03 4.39 172.99 Hensall -0.85 4.79 188.67 -0.80 4.43 174.30 Bruce -0.85 4.79 188.67 -0.85 4.38 172.33 Putnam -0.85 4.79 188.67 -0.85 4.38 172.33 Princeton -0.85 4.79 188.67 -0.80 4.43 174.30 Durham -0.95 4.69 184.74 -0.85 4.38 172.33 Norfolk -0.85 4.79 188.67 -0.80 4.43 174.30 Trenton -0.95 4.69 184.74 -0.90 4.33 170.37 Winchester -0.70 4.94 194.58 -0.65 4.58 180.21 North Gower N/A N/A Huron FOB -0.85 4.79 188.67 -0.75 4.48 176.27 Kent FOB -0.85 4.79 188.67 -0.80 4.43 174.30 Lamb FOB -0.85 4.79 188.67 -0.80 4.43 174.30 Mdsx FOB -0.90 -0.90 -0.85 -0.80 4.74 186.70 -0.85 4.38 172.33 FOB SW Que -0.50 5.14 202.45 -0.45 4.78 188.08 Track -0.48 5.17 203.44 N/A PROCESSORS Chat-Eth N/A N/A -0.65 -0.60 -0.60 4.63 182.18 Jhnstwn-Eth N/A N/A N/A N/A -0.45 4.78 188.08 Aylmer-Eth N/A N/A -0.90 -0.80 N/A Sarn-Eth N/A -0.75 -0.65 -0.60 N/A Cllngwd-Eth -0.90 N/A N/A N/A 4.74 186.70 N/A London-Cas N/A -0.75 -0.85 -0.80 -0.65 4.58 180.21 Pt.Colb-Cas N/A -0.70 -0.80 -0.65 -0.60 4.63 182.18 Cardnl-Cas N/A -0.55 -0.55 -0.50 -0.45 4.78 188.08 W O Feed -0.57 -0.59 5.07 199.70 US Rep -0.15 -0.17 5.49 216.23 Toledo El. -0.39 5.25 206.74 -0.49 4.74 186.61 TRANSFER Sarnia -0.85 4.79 188.67 -0.80 4.43 174.30 Pt. Stanley -0.81 4.83 190.25 -0.73 4.50 177.06 Hamilton -0.76 4.88 192.22 -0.52 4.71185 1/3 MID SD CRN -0.85 4.79 1/4 HI SD CRN -0.85 4.79 1/4 Bank of Canada Noon exchange rate was 1.0233 down 0.0012 Chicago soybeans closed slightly lower. NOV10 HI 12.23 1/2 NOV11 HI 11.75 LOW 12.01 1/2 LOW 11.58 CLOSE12.01 1/2 Down 10 1/2 CLOSE 11.58 1/4 Down 10 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+JAN1+JAN11 CK Low -1.30 10.72 393.71-1.02 10.56 388.11 CK High -1.24 10.78 395.91-0.90 10.68 392.51 CK Average -1.27 -1.6210.74 394.74-0.96-1.3910.62 390.24 Essex Cty -1.15 10.87 399.22-0.99 10.59 389.21 Mdsx Low -1.30 10.72 393.71-1.21 10.37 381.12 Mdsx High -1.28 10.74 394.44-0.98 10.60 389.58 Mdsx Average -1.29 -1.6410.72 393.95-1.06-1.4910.52 386.51 Hensall -1.28 10.74 394.63-0.98 10.61 389.76 Bruce -1.30 10.72 393.71-1.00 10.58 388.84 Putnam -1.30 10.72 393.71-1.00 10.58 388.84 Princeton -1.21 10.81 397.02-1.04 10.54 387.37 Durham -1.32 10.70 392.97-1.23 10.35 380.39 Norfolk -1.20 10.82 397.38-0.95 10.63 390.68 Trenton -1.00 11.02 404.73-1.00 10.58 388.84 Winchester -0.95 11.07 406.57-0.85 10.73 394.35 North Gower N/A N/A Huron FOB -1.15 10.87 399.22-0.85 10.73 394.35 Kent FOB -1.25 10.77 395.55-0.95 10.63 390.68 Lambton FOB -1.25 10.77 395.55-0.95 10.63 390.68 Middlesex FOB-1.38-1.07-0.82-0.71 10.64 390.77-1.04 10.54 387.37 PROCESSORS Hamilton -0.93-0.67-0.42-0.33 11.09 407.30-0.61 10.97 403.17 Windsor -0.78-0.62-0.26-0.19 11.24 412.82-0.55 11.03 405.37 Winchester -0.59 11.43 419.80-0.57 11.01 404.64 TRANSFER Hamilton -1.00-0.80-0.70-0.60 11.02 404.73-0.40 11.18 410.89 Pt. Stanley -1.45 10.57 388.20-0.80 10.78 396.19 Sarnia -0.88 11.14 409.14-0.56 11.02 405.01 Owen Sound N/A N/A Sorel QC 0.18 12.20 448.090.30 11.88 436.61 Toledo El. -0.55 11.47 421.44-0.55 11.03 405.39 Bank of Canada Noon exchange rate was 1.0233 down 0.0012 Chicago wheat closed moderately lower. DEC10 HI 6.92 1/4 JUL11 HI 7.57 1/2 LOW 6.67 LOW 7.33 1/4 CLOSE 6.68 3/4 Down 14 1/4 CLOSE 7.34 3/4 Down 14 1/2 Minni wheat closed moderately lower. DEC10 HI 7.50 1/2 SEP11 HI 7.75 LOW 7.27 3/4 LOW 7.55 CLOSE 7.28 1/2 Down 15 1/4 CLOSE 7.56 Down 14 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.14 -0.94 -1.61 -0.92 CAD $/bu 5.54 5.75 5.08 6.36 CAD $/tonne 203.68 211.24 186.67 233.83 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 -1.20 -2.10 N/A N/A -1.15 -2.15 N/A London -1.29 -1.09 -1.95 N/A -1.48 -1.33 -2.15 N/A Hensall -1.10 N/A -1.95 N/A -1.25 N/A -2.15 N/A Trenton N/A N/A -1.75 N/A N/A N/A -2.00 N/A Winchester N/A N/A N/A -0.70 N/A N/A N/A N/A Essex N/A N/A -1.92 N/A N/A N/A -2.48 N/A Norwich -1.10 N/A -1.95 N/A -1.25 N/A -2.15 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -1.10 N/A -1.95 N/A -1.25 N/A -2.15 N/A Chatham N/A -1.05 -1.95 N/A N/A -1.10 -2.00 N/A Brigden N/A -1.05 -1.95 N/A N/A -1.10 -2.00 N/A Palmerston N/A -0.85 -1.36 -0.60 N/A -1.20 -2.00 -0.80 Mitchell -1.10 -1.10 -1.95 N/A -1.25 -1.15 -2.15 N/A Thornton N/A N/A N/A -1.33 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 -1.23 -0.82 -1.84 N/A Hamilton N/A N/A -1.65 N/A N/A N/A -1.50 N/A Pt. Stanley N/A N/A -2.15 N/A N/A N/A -1.95 N/A PROCESSORS Toledo FM N/A 0.60 -0.63 N/A 0.53 -0.04 -0.77 N/A Toledo El. 5.79US 5.95CA 6.22US 6.45CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.08 -0.87 -1.60 -0.97 CAD $/bu 6.27 6.48 5.75 6.59 CAD $/tonne 230.41 238.03 211.36 242.32 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 245.00 - 255.00 Bayport Oats 300.00 Bayport Barley 245.00 FOB Hm Soymeal 398.38 - 401.69 DDG's FOB Sarnia 170.00 - 180.00