FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 6 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0058 down 0.0002 Chicago corn closed slightly to moderately lower. MAR11 HI 5.75 1/4 DEC11 HI 5.34 1/2 LOW 5.62 1/2 LOW 5.24 3/4 CLOSE5.68 Down 5 1/2 CLOSE 5.29 1/4 Down 5 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR11+MAR11+MAY11 CK Low -0.75 4.93 194.09 -0.75 4.54 178.83 CK High -0.75 4.93 194.09 -0.70 4.59 180.80 CK Avg -0.75 -0.79 4.93 194.09 -0.71 -0.75 4.58 180.47 Essex Cty -0.75 4.93 194.09 -0.75 4.54 178.83 Mdsx Low -0.75 4.93 194.09 -0.75 4.54 178.83 Mdsx High -0.75 4.93 194.09 -0.70 4.59 180.80 Mdsx Avg -0.75 -0.79 4.93 194.09 -0.72 -0.76 4.58 180.14 Hensall -0.75 4.93 194.09 -0.65 4.64 182.77 Bruce -0.75 4.93 194.09 -0.70 4.59 180.80 Putnam -0.75 4.93 194.09 -0.70 4.59 180.80 Princeton -0.75 4.93 194.09 -0.75 4.54 178.83 Durham -1.00 4.68 184.24 -0.70 4.59 180.80 Norfolk -0.75 4.93 194.09 -0.70 4.59 180.80 Trenton -0.85 4.83 190.15 -0.80 4.49 176.86 Winchester -0.85 4.83 190.15 -0.70 4.59 180.80 North Gower N/A N/A Huron FOB -0.70 4.98 196.05 -0.70 4.59 180.80 Kent FOB -0.75 4.93 194.09 -0.70 4.59 180.80 Lamb FOB -0.75 4.93 194.09 -0.70 4.59 180.80 Mdsx FOB -0.75 -0.65 -0.60 -0.65 4.93 194.09 -0.70 4.59 180.80 FOB SW Que -0.50 5.18 203.93 -0.50 4.79 188.67 Track -0.35 5.33 209.83N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.55 4.74 186.70 Jhnstwn-Eth N/A N/A N/A N/A -0.55 4.74 186.70 Aylmer-Eth -0.80 -0.75 -0.70 -0.75 4.88 192.12N/A Sarn-Eth N/A -0.60 -0.35 -0.35 N/A Cllngwd-Eth N/A N/A N/A N/A N/A London-Cas N/A N/A -0.75 -0.90 -0.55 4.74 186.70 Pt.Colb-Cas N/A N/A -0.70 -0.45 -0.45 4.84 190.64 Cardnl-Cas N/A N/A N/A N/A -0.40 4.89 192.61 W O Feed -0.36 -0.37 5.32 209.44 US Rep 0.25 0.24 5.93 233.45 Toledo El. -0.12 5.56 218.86 -0.47 4.82 189.69 TRANSFER Sarnia -0.75 4.93 194.09 -0.75 4.54 178.83 Pt. Stanley -0.68 5.00 196.84 -0.76 4.53 178.44 Hamilton -0.63 5.05 198.81 -0.34 4.95195 MID SD CRN -0.75 4.93 HI SD CRN -0.75 4.93 Bank of Canada Noon exchange rate was 1.0058 down 0.0002 Chicago soybeans closed slightly to moderately lower. JAN11 HI 13.06 3/4 NOV11 HI 12.10 LOW 12.80 1/4 LOW 11.86 3/4 CLOSE12.88 1/2 Down 11 3/4 CLOSE 11.98 3/4 Down 9 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR11 CK Low -0.76 12.13 445.52-1.04 10.95 402.25 CK High -0.70 12.19 447.72-0.94 11.05 405.93 CK Average -0.72 -0.8112.17 446.99-0.97-1.0711.02 404.97 Essex Cty -0.66 12.23 449.19-1.07 10.92 401.15 Mdsx Low -0.77 12.12 445.15-0.98 11.01 404.46 Mdsx High -0.69 12.20 448.09-0.95 11.04 405.56 Mdsx Average -0.72 -0.8112.17 446.99-0.96-1.0711.02 405.07 Hensall -0.73 12.16 446.80-0.98 11.01 404.64 Bruce -0.70 12.19 447.72-0.95 11.04 405.56 Putnam -0.70 12.19 447.72-1.00 10.99 403.72 Princeton -0.70 12.19 447.72-1.03 10.96 402.62 Durham -0.81 12.08 443.68-1.00 10.99 403.72 Norfolk -0.66 12.23 449.19-0.97 11.02 404.82 Trenton -0.80 12.09 444.05-1.00 10.99 403.72 Winchester -0.70 12.19 447.72-0.85 11.14 409.23 North Gower N/A N/A Huron FOB -0.65 12.24 449.56-0.95 11.04 405.56 Kent FOB -0.71 12.18 447.35-0.97 11.02 404.82 Lambton FOB -0.71 12.18 447.35-0.97 11.02 404.82 Middlesex FOB-0.66-0.55-0.55-0.50 12.23 449.19-0.78 11.21 411.81 PROCESSORS Hamilton -0.39-0.32-0.27-0.22 12.50 459.11-0.50 11.49 422.09 Windsor -0.27-0.37-0.36-0.30 12.62 463.52-0.64 11.35 416.95 Winchester -0.57 12.32 452.50-0.82 11.17 410.34 TRANSFER Hamilton -0.25 N/A N/A N/A 12.64 464.26-0.60 11.39 418.42 Pt. Stanley -0.70 12.19 447.72-1.00 10.99 403.72 Sarnia -0.30 12.59 462.42-0.56 11.43 419.89 Owen Sound N/A N/A Sorel QC 0.10 12.99 477.120.00 11.99 440.47 Toledo El. -0.18 12.70 466.78-0.53 11.45 420.82 Bank of Canada Noon exchange rate was 1.0058 down 0.0002 Chicago wheat closed moderately higher to higher. MAR11 HI 7.98 3/4 JUL11 HI 8.10 LOW 7.74 1/4 LOW 7.84 CLOSE 7.93 Up 14 CLOSE 8.07 3/4 Up 21 Minni wheat closed moderately higher. MAR11 HI 8.55 SEP11 HI 8.52 3/4 LOW 8.32 LOW 8.32 1/2 CLOSE 8.50 1/4 Up 15 CLOSE 8.49 Up 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 -0.80 -0.55 -0.85 -0.85 CAD $/bu 7.13 7.38 7.08 7.65 CAD $/tonne 261.90 271.15 260.05 281.23 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 -0.70 -1.15 N/A N/A -0.90 -1.80 N/A London -0.83 -0.78 -1.09 N/A -1.08 -0.98 -1.94 N/A Hensall -0.80 N/A -1.05 N/A -1.00 N/A -1.80 N/A Trenton N/A N/A N/A N/A N/A N/A -1.80 N/A Winchester N/A N/A N/A -0.93 N/A N/A N/A -1.11 Essex N/A N/A -1.11 N/A N/A N/A -1.93 N/A Norwich -0.80 N/A -1.05 N/A -1.00 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 -0.80 N/A -1.05 N/A -1.00 N/A -1.90 N/A Chatham N/A -0.70 -1.00 N/A N/A -1.00 -1.90 N/A Brigden N/A -0.70 -1.00 N/A N/A -1.00 -1.90 N/A Palmerston N/A -0.80 -0.97 -0.62 N/A -0.96 -1.77 -0.82 Mitchell -0.80 -0.65 -1.05 N/A -1.00 -0.90 -1.90 N/A Thornton N/A N/A N/A -0.55 N/A N/A N/A -1.34 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 -0.90 -0.60 -0.96 N/A Hamilton N/A N/A -0.40 N/A N/A N/A -1.65 N/A Pt. Stanley N/A N/A -0.95 N/A N/A N/A -2.10 N/A PROCESSORS Toledo FM N/A 0.56 -0.45 N/A 0.32 0.07 -0.64 N/A Toledo El. 7.30US 7.35CA 7.05US 7.11CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.04 -0.69 -1.54 -0.98 CAD $/bu 7.04 7.39 6.53 7.51 CAD $/tonne 258.63 271.60 240.10 275.77 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 260.00 Bayport Oats 305.00 Bayport Barley 245.00 FOB Hm Soymeal 404.00 - 405.11 DDG's FOB Srn, Wndr, Aylm 165.00 - 200.00