FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, October 28 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0202 down 0.0118 Chicago corn closed slightly higher. DEC10 HI 5.85 1/4 DEC11 HI 5.44 1/2 LOW 5.75 1/4 LOW 5.37 3/4 CLOSE5.79 Up 1 3/4 CLOSE 5.43 Up 3 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR11+MAR11+MAR11 CK Low -0.80 4.99 196.45 -0.80 4.63 182.28 CK High -0.80 4.99 196.45 -0.80 4.63 182.28 CK Avg -0.80 -0.93 4.99 196.45 -0.80 -0.99 4.63 182.28 Essex Cty -0.80 4.99 196.45 -0.80 4.63 182.28 Mdsx Low -0.80 4.99 196.45 -0.80 4.63 182.28 Mdsx High -0.80 4.99 196.45 -0.80 4.63 182.28 Mdsx Avg -0.80 -0.93 4.99 196.45 -0.80 -0.99 4.63 182.28 Hensall -0.80 4.99 196.45 -0.78 4.66 183.26 Bruce -0.80 4.99 196.45 -0.80 4.63 182.28 Putnam -0.80 4.99 196.45 -0.80 4.63 182.28 Princeton -0.80 4.99 196.45 -0.80 4.63 182.28 Durham -1.10 4.69 184.64 -0.80 4.63 182.28 Norfolk -0.80 4.99 196.45 -0.80 4.63 182.28 Trenton -0.95 4.84 190.54 -0.90 4.53 178.34 Winchester -0.75 5.04 198.42 -0.65 4.78 188.18 North Gower N/A N/A Huron FOB -0.90 4.89 192.51 -0.75 4.68 184.24 Kent FOB -0.80 4.99 196.45 -0.80 4.63 182.28 Lamb FOB -0.80 4.99 196.45 -0.80 4.63 182.28 Mdsx FOB -0.80 -0.85 -0.80 -0.75 4.99 196.45 -0.85 4.58 180.31 FOB SW Que -0.95 4.84 190.54 -1.00 4.43 174.40 Track -0.43 5.37 211.21 N/A PROCESSORS Chat-Eth N/A -0.65 -0.50 -0.50 -0.60 4.83 190.15 Jhnstwn-Eth N/A N/A N/A N/A -0.30 5.13 201.96 Aylmer-Eth N/A -0.90 -0.80 -0.80 N/A Sarn-Eth -0.65 -0.60 -0.50 N/A 5.14 202.35 N/A Cllngwd-Eth -0.70 N/A N/A N/A 5.09 200.38 N/A London-Cas N/A -0.75 -0.70 -0.70 -0.55 4.88 192.12 Pt.Colb-Cas N/A -0.70 -0.55 -0.50 -0.50 4.93 194.09 Cardnl-Cas N/A N/A -0.55 -0.45 -0.35 5.08 199.99 W O Feed -0.52 -0.54 5.27 207.47 US Rep -0.20 -0.22 5.59 220.07 Toledo El. -0.32 5.47 215.47 -0.49 4.94 194.61 TRANSFER Sarnia -0.80 4.99 196.45 -0.80 4.63 182.28 Pt. Stanley -1.05 4.74 186.61 -0.93 4.50 177.16 Hamilton -1.05 4.74 186.61 -0.82 4.61181 1/2 MID SD CRN -0.80 4.99 HI SD CRN -0.80 4.99 Bank of Canada Noon exchange rate was 1.0202 down 0.0118 Chicago soybeans closed slightly lower to steady. JAN11 HI 12.48 3/4 NOV11 HI 11.82 1/2 LOW 12.29 3/4 LOW 11.70 CLOSE12.36 Unchanged CLOSE 11.75 Down 2 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR11 CK Low -1.41 10.95 402.34-1.11 10.64 390.95 CK High -1.20 11.16 410.06-0.85 10.90 400.51 CK Average -1.31 -1.5811.05 406.16-0.93-1.3510.82 397.57 Essex Cty -1.17 11.19 411.16-0.97 10.78 396.10 Mdsx Low -1.39 10.97 403.08-1.04 10.71 393.53 Mdsx High -1.31 11.05 406.02-0.90 10.85 398.67 Mdsx Average -1.34 -1.6111.02 404.92-0.96-1.3810.79 396.59 Hensall -1.31 11.05 406.02-0.90 10.85 398.67 Bruce -1.31 11.05 406.02-0.90 10.85 398.67 Putnam -1.31 11.05 406.02-0.90 10.85 398.67 Princeton -1.32 11.04 405.65-1.13 10.62 390.22 Durham -1.41 10.95 402.34-1.06 10.69 392.79 Norfolk -1.32 11.04 405.65-0.95 10.80 396.83 Trenton -1.21 11.15 409.69-0.95 10.80 396.83 Winchester -1.11 11.25 413.37-0.80 10.95 402.34 North Gower N/A N/A Huron FOB -1.21 11.15 409.69-0.80 10.95 402.34 Kent FOB -1.37 10.99 403.81-0.95 10.80 396.83 Lambton FOB -1.37 10.99 403.81-0.95 10.80 396.83 Middlesex FOB-1.11-0.86-0.86 N/A 11.25 413.37-1.02 10.73 394.26 PROCESSORS Hamilton -0.87-0.56-0.47-0.42 11.49 422.19-0.70 11.05 406.02 Windsor -0.81-0.34-0.27-0.25 11.55 424.39-0.62 11.13 408.96 Winchester -0.91 11.45 420.72-0.60 11.15 409.69 TRANSFER Hamilton -1.01-0.50 N/A N/A 11.35 417.04-0.40 11.35 417.04 Pt. Stanley -1.46 10.90 400.51-0.80 10.95 402.34 Sarnia -0.81 11.55 424.39-0.51 11.24 413.00 Owen Sound N/A N/A Sorel QC -0.20 12.16 446.80-0.05 11.70 429.90 Toledo El. -0.55 11.81 433.87-0.55 11.20 411.57 Bank of Canada Noon exchange rate was 1.0202 down 0.0118 Chicago wheat closed moderately higher. DEC10 HI 7.21 3/4 JUL11 HI 7.87 1/4 LOW 7.00 1/2 LOW 7.67 1/4 CLOSE 7.18 1/4 Up 15 1/2 CLOSE 7.86 Up 15 3/4 Minni wheat closed moderately higher. DEC10 HI 7.78 1/2 SEP11 HI 8.04 LOW 7.55 1/4 LOW 7.79 1/2 CLOSE 7.76 1/4 Up 18 CLOSE 8.03 1/4 Up 13 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.17 -0.97 -1.63 -0.95 CAD $/bu 6.01 6.22 5.55 6.81 CAD $/tonne 220.94 228.45 204.04 250.24 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 -0.90 -1.70 N/A N/A -1.15 -1.90 N/A London -1.05 -0.95 -1.71 N/A -1.35 -1.19 -1.96 N/A Hensall -0.90 N/A -1.55 N/A -1.15 N/A -1.90 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 -0.82 N/A N/A N/A -1.02 Essex N/A N/A -1.74 N/A N/A N/A -1.93 N/A Norwich -0.90 N/A -1.55 N/A -1.15 N/A -1.90 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.90 N/A -1.55 N/A -1.15 N/A -1.90 N/A Chatham N/A -1.00 -1.65 N/A N/A -1.05 -1.87 N/A Brigden N/A -1.00 -1.65 N/A N/A -1.05 -1.87 N/A Palmerston N/A -0.81 -1.43 -0.56 N/A -1.16 -1.97 -0.76 Mitchell -0.90 -0.90 -1.55 N/A -1.15 -1.00 -1.90 N/A Thornton N/A N/A N/A -1.07 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 -1.07 -0.76 -1.74 N/A Hamilton N/A N/A -0.70 N/A N/A N/A -1.45 N/A Pt. Stanley N/A N/A -1.15 N/A N/A N/A -1.98 N/A PROCESSORS Toledo FM N/A 0.57 -0.66 N/A 0.54 -0.03 -0.75 N/A Toledo El. 6.33US 6.47CA 6.73US 6.97CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.07 -0.86 -1.58 -0.96 CAD $/bu 6.79 7.00 6.28 7.08 CAD $/tonne 249.65 257.26 230.62 260.02 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 250.00 - 255.00 Bayport Oats 300.00 Bayport Barley 245.00 FOB Hm Soymeal 398.27 - 404.89 DDG's FOB Srn, Wndr, Aylm 155.00 - 180.00