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<DIV>REVISED New Crop Soys Chatham Kent </DIV>
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<DIV>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, May 19<BR>(All Bases in CAD)<BR>Bank of Canada Noon exchange rate was 0.9701 down 0.0022<BR>Chicago corn closed slightly lower to lower.</DIV>
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<DIV> JUL11 HI 7.60 1/4 DEC11 HI 6.78 1/2<BR> LOW 7.42 1/2 LOW 6.58 1/2<BR> CLOSE7.48 1/4 Down 1 1/2 CLOSE 6.62 Down 10 3/4</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 +JUL11+SEP11+SEP11<BR>CK Low -0.30 7.18 282.76 -0.80 5.82 229.12<BR>CK High -0.30 7.18 282.76 -0.80 5.82 229.12<BR>CK Avg -0.30 -0.07 7.18 282.76 -0.80 -0.60 5.82 229.12<BR>Essex Cty -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Mdsx Low -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Mdsx High -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Mdsx Avg -0.30 -0.07 7.18 282.76 -0.80 -0.60 5.82 229.12<BR>Hensall -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Bruce -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Putnam -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Princeton -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Durham -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Norfolk -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Trenton -0.35 7.13 280.79 -0.80 5.82 229.12<BR>Winchester -0.05 7.43 292.60 -0.70 5.92 233.06<BR>North Gower -0.48 7.00 275.68 -1.15 5.47 215.34<BR>Huron FOB -0.25 7.23 284.73 -0.75 5.87 231.09<BR>Kent FOB -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Lamb FOB -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Mdsx FOB -0.30 -0.30 0.15 0.30 7.18 282.76 -0.80 5.82 229.12<BR>FOB SW Que -0.20 7.28 286.70 -0.72 5.90 232.27<BR>Track 0.08 7.56 297.53N/A<BR>PROCESSORS<BR>Chat-Eth N/A -0.40 0.15 0.35 -0.75 5.87 231.09<BR>Jhnstwn-Eth N/A N/A N/A N/A N/A<BR>Aylmer-Eth -0.25 -0.25 0.20 0.30 7.23 284.73 -0.80 5.82 229.12<BR>Sarn-Eth N/A -0.15 0.35 -0.50 N/A<BR>Cllngwd-Eth -0.25N/A N/A N/A 7.23 284.73-0.75* 5.87 231.09<BR>Kwrth-Eth N/A -0.10 0.15N/A N/A<BR>London-Cas N/A N/A 0.05 0.25 -0.70 5.92 233.06<BR>Pt.Colb-Cas N/A N/A 0.25 0.35 -0.65 5.97 235.03<BR>Cardnl-Cas N/A 0.00 0.30 0.35 -0.65 5.97 235.03<BR>W O Feed 0.04 0.07 7.52 296.15</DIV>
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<DIV>US Rep 0.40 0.43 7.88 310.32<BR>Toledo El. 0.09 7.57 298.01 -0.46 6.16 242.67</DIV>
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<DIV>TRANSFER<BR>Sarnia -0.30 7.18 282.76 -0.80 5.82 229.12<BR>Pt. Stanley -0.38 7.10 279.61 -0.87 5.75226 3/8<BR>Hamilton -0.05 7.43 292.60 -0.72 5.90232 2/7</DIV>
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<DIV>MID SD CRN -0.80 5.82<BR>HI SD CRN -0.80 5.82<BR>*Wet Bid</DIV>
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<DIV><BR>Bank of Canada Noon exchange rate was 0.9701 down 0.0022<BR>Chicago soybeans closed slightly lower to steady.</DIV>
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<DIV> JUL11 HI 13.89 NOV11 HI 13.61 1/2<BR> LOW 13.69 1/4 LOW 13.42 3/4<BR> CLOSE13.79 1/2 Unchanged CLOSE 13.49 1/2 Down 3 3/4</DIV>
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<DIV> OLD CROP NEW CROP<BR>Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt<BR>ELEVATORS +JUL1+JUL1+AUG11<BR>CK Low -0.88 12.92 474.55-1.35 12.15 446.25<BR>CK High -0.77 13.03 478.59-1.26 12.24 449.56<BR>CK Average -0.83 -0.4112.97 476.38-1.33-0.9212.17 447.11<BR>Essex Cty -0.73 13.07 480.06-1.24 12.26 450.29<BR>Mdsx Low -0.92 12.88 473.08-1.36 12.14 445.88<BR>Mdsx High -0.83 12.97 476.38-1.31 12.19 447.72<BR>Mdsx Average -0.87 -0.4512.93 475.03-1.34-0.9312.16 446.62<BR>Hensall -0.83 12.97 476.57-1.33 12.17 447.17<BR>Bruce -0.85 12.95 475.65-1.35 12.15 446.25<BR>Putnam -0.85 12.95 475.65-1.35 12.15 446.25<BR>Princeton -0.83 12.97 476.38-1.26 12.24 449.56<BR>Durham -0.88 12.92 474.551.33 14.83 544.73<BR>Norfolk -0.72 13.08 480.42-1.21 12.29 451.40<BR>Trenton -1.10 12.70 466.46-1.30 12.20 448.09<BR>Winchester -0.92 12.88 473.08-1.20 12.30 451.76<BR>North Gower -0.85 12.95 475.65-0.85 12.65 464.62<BR>Huron FOB -0.70 13.10 481.16-1.20 12.30 451.76<BR>Kent FOB -0.77 13.03 478.59-1.26 12.24 449.56<BR>Lambton FOB -0.77 13.03 478.59-1.26 12.24 449.56<BR>Middlesex FOB-0.76-0.76 N/A N/A 13.04 478.95-1.17 12.33 452.87</DIV>
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<DIV>PROCESSORS<BR>Hamilton -0.37-0.37-0.54-0.59 13.43 493.28-0.77 12.73 467.56<BR>Windsor -0.36-0.36-0.35 N/A 13.44 493.65-0.93 12.57 461.68<BR>Winchester -0.70 13.10 481.16-0.98 12.52 459.85</DIV>
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<DIV>TRANSFER<BR>Hamilton -0.50 N/A N/A N/A 13.30 488.51-0.75 12.75 468.30<BR>Pt. Stanley -0.90 12.90 473.81-1.20 12.30 451.76<BR>Sarnia -0.71 13.09 480.79-0.87 12.63 463.89<BR>Owen Sound N/A N/A<BR>Sorel QC -0.65 13.15 483.00-0.40 13.10 481.16</DIV>
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<DIV>Toledo El. -0.06 13.74 504.74-0.47 13.03 478.75</DIV>
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<DIV><BR>Bank of Canada Noon exchange rate was 0.9701 down 0.0022<BR>Chicago wheat closed slightly lower.<BR>JUL11 HI 8.34 1/2 JUL11 HI 8.34 1/2<BR> LOW 8.05 LOW 8.05<BR> CLOSE 8.12 Down 5 CLOSE 8.12 Down 5</DIV>
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<DIV>Minni wheat closed slightly higher.<BR>JUL11 HI 10.24 SEP11 HI 10.04 1/2<BR> LOW 9.93 1/4 LOW 9.81 3/4<BR> CLOSE 10.06 1/4 Up 10 CLOSE 9.89 1/2 Up 5 3/4</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 -0.97 -0.34 -0.83 -0.45<BR>CAD $/bu 7.15 7.78 7.29 9.61<BR>CAD $/tonne 262.63 285.80 267.98 353.24</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 N/A N/A N/A N/A -0.40 -1.35 N/A<BR>London -0.68 -0.44 -1.02 N/A -0.83 -0.54 -1.36 N/A<BR>Hensall -0.60 N/A -0.95 N/A -0.70 N/A -1.35 N/A<BR>Trenton N/A N/A N/A N/A N/A N/A -1.15 N/A<BR>Winchester N/A N/A N/A N/A N/A N/A N/A -1.05<BR>Essex N/A N/A -0.88 N/A N/A N/A -1.41 N/A<BR>Norwich -0.60 N/A -0.95 N/A -0.70 N/A -1.35 N/A<BR>Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A<BR>Kent Bridge -0.60 N/A -0.95 N/A -0.70 N/A -1.35 N/A<BR>Chatham N/A -0.47 -1.03 N/A N/A -0.47 -1.36 N/A<BR>Brigden N/A -0.47 -1.03 N/A N/A -0.47 -1.36 N/A<BR>Palmerston N/A -0.24 -0.94 0.07 N/A -0.37 -1.33 -0.83<BR>Mitchell -0.60 -0.40 -0.95 N/A -0.70 -0.50 -1.35 N/A<BR>Thornton N/A N/A N/A -1.22 N/A N/A N/A -1.69<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 -0.51 -0.08 -0.61 N/A -0.65 -0.11 -0.99 N/A<BR>Hamilton N/A N/A -0.25 N/A N/A N/A -0.80 N/A<BR>Pt. Stanley N/A N/A -0.80 N/A N/A N/A -1.25 N/A</DIV>
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<DIV>PROCESSORS<BR>Toledo FM N/A N/A N/A N/A 0.00 0.43 -0.34 N/A</DIV>
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<DIV>Toledo El. 7.79US 7.56CA 7.89US 7.65CA</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 -0.92 -0.34 -1.21 -0.88<BR>CAD $/bu 7.20 7.78 6.91 9.01<BR>CAD $/tonne 264.42 285.80 253.72 331.23</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 290.00 - 298.00<BR>Bayport Oats 300.00<BR>Bayport Barley 257.00<BR>FOB Hm Soymeal 398.38 - 400.59<BR>DDG's FOB Srn, Wndr, Aylm 215.00 - 230.00<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 63577</DIV>
<DIV>Fax. 519-674-1530<BR>E-mail: jjordan@ridgetownc.uoguelph.ca<BR>AgriLink website : www.ridgetownc.com/agrilink </DIV></BODY></HTML>