FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, June 6 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9785 up 0.0015 Chicago corn closed lower to sharply lower. JUL11 HI 7.58 DEC11 HI 6.86 1/2 LOW 7.31 1/2 LOW 6.65 CLOSE7.32 Down 22 CLOSE 6.67 Down 19 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +SEP11+SEP11+DEC11 CK Low -0.05 7.27 286.21 -0.45 6.22 244.87 CK High 0.10 7.42 292.11 -0.40 6.27 246.84 CK Avg 0.06 0.19 7.38 290.47 -0.41 -0.28 6.26 246.51 Essex Cty -0.05 7.27 286.21 -0.45 6.22 244.87 Mdsx Low -0.05 7.27 286.21 -0.45 6.22 244.87 Mdsx High 0.10 7.42 292.11 -0.40 6.27 246.84 Mdsx Avg 0.05 0.19 7.37 290.14 -0.42 -0.29 6.25 246.18 Hensall 0.10 7.42 292.11 -0.40 6.27 246.84 Bruce 0.10 7.42 292.11 -0.40 6.27 246.84 Putnam 0.10 7.42 292.11 -0.40 6.27 246.84 Princeton -0.05 7.27 286.21 -0.45 6.22 244.87 Durham 0.10 7.42 292.11 -0.40 6.27 246.84 Norfolk 0.05 7.37 290.14 -0.40 6.27 246.84 Trenton 0.00 7.32 288.18 -0.40 6.27 246.84 Winchester 0.25 7.57 298.02 -0.40 6.27 246.84 North Gower -0.05 7.27 286.21 -0.90 5.77 227.15 Huron FOB 0.05 7.37 290.14 -0.40 6.27 246.84 Kent FOB 0.05 7.37 290.14 -0.40 6.27 246.84 Lamb FOB 0.05 7.37 290.14 -0.40 6.27 246.84 Mdsx FOB 0.10 -0.40 -0.65N/A 7.42 292.11 -0.55 6.12 240.93 FOB SW Que 0.10 7.42 292.11 -0.35 6.32 248.81 Track 0.53 7.85 308.84N/A PROCESSORS Chat-Eth 0.40 0.75 0.80 1.30 7.72 303.92 -0.30 6.37 250.78 Jhnstwn-Eth N/A N/A N/A 1.25 -0.30 6.37 250.78 Aylmer-Eth 0.20 0.60 0.65 1.05 7.52 296.05 -0.55 6.12 240.93 Sarn-Eth 0.25 0.65 0.80 1.10 7.57 298.02N/A Cllngwd-Eth 0.25N/A N/A N/A 7.57 298.02-0.50* 6.17 242.90 Kwrth-Eth 0.50N/A N/A N/A 7.82 307.86N/A London-Cas 0.30 0.60 0.65 1.17 7.62 299.99 -0.75 5.92 233.06 Pt.Colb-Cas 0.40 0.70 0.75 1.25 7.72 303.92 -0.70 5.97 235.03 Cardnl-Cas 0.40 0.70 0.75 1.25 7.72 303.92 -0.80 5.87 231.09 W O Feed 0.42 0.44 7.74 304.71 US Rep 0.55 0.57 7.87 309.83 Toledo El. 0.22 7.54 296.68 -0.42 6.25 245.97 TRANSFER Sarnia -0.05 7.27 286.21 -0.45 6.22 244.87 Pt. Stanley -0.34 6.98 274.79 -0.50 6.17243 Hamilton 0.20 7.52 296.05 -0.50 6.17243 MID SD CRN -0.42 1/2 6.24 1/2 HI SD CRN -0.40 6.27 *Wet Bid Bank of Canada Noon exchange rate was 0.9785 up 0.0015 Chicago soybeans closed lower. JUL11 HI 14.18 1/4 NOV11 HI 14.01 LOW 13.82 1/4 LOW 13.70 CLOSE13.83 1/4 Down 31 1/4 CLOSE 13.72 3/4 Down 24 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV11 CK Low -0.74 13.09 481.07-1.19 12.54 460.67 CK High -0.69 13.14 482.90-1.05 12.68 465.82 CK Average -0.71 -0.4613.12 482.05-1.15-0.8912.58 462.21 Essex Cty -0.62 13.21 485.48-1.09 12.64 464.35 Mdsx Low -0.85 12.98 477.03-1.23 12.50 459.20 Mdsx High -0.70 13.13 482.54-1.15 12.58 462.14 Mdsx Average -0.76 -0.5013.08 480.45-1.18-0.9212.55 461.16 Hensall -0.68 13.16 483.46-1.15 12.58 462.14 Bruce -0.70 13.13 482.54-1.15 12.58 462.14 Putnam -0.70 13.13 482.54-1.15 12.58 462.14 Princeton -0.64 13.19 484.74-1.12 12.61 463.25 Durham -0.81 13.02 478.49-1.24 12.49 458.84 Norfolk -0.64 13.19 484.74-1.11 12.62 463.61 Trenton -0.90 12.93 475.19-1.15 12.58 462.14 Winchester -0.94 12.89 473.72-0.93 12.80 470.23 North Gower N/A -0.95 12.78 469.49 Huron FOB -0.65 13.18 484.37-1.15 12.58 462.14 Kent FOB -0.69 13.14 482.90-1.16 12.57 461.78 Lambton FOB -0.69 13.14 482.90-1.16 12.57 461.78 Middlesex FOB-0.62 N/A N/A N/A 13.21 485.48-0.97 12.76 468.76 PROCESSORS Hamilton -0.22-0.38-0.43-0.43 13.61 500.17-0.67 13.06 479.78 Windsor -0.27-0.27 N/A N/A 13.56 498.34-0.76 12.97 476.47 Winchester -0.84 12.99 477.39-0.83 12.90 473.90 TRANSFER Hamilton -0.35 N/A N/A N/A 13.48 495.40-0.60 13.13 482.35 Pt. Stanley -0.80 13.03 478.86-1.05 12.68 465.82 Sarnia -0.59 13.24 486.58-0.71 13.02 478.31 Owen Sound N/A N/A Sorel QC -0.45 13.38 491.72-0.15 13.58 498.89 Toledo El. 0.07 13.90 510.78-0.42 13.31 488.89 Bank of Canada Noon exchange rate was 0.9785 up 0.0015 Chicago wheat closed lower. JUL11 HI 7.78 JUL11 HI 7.78 LOW 7.41 LOW 7.41 CLOSE 7.44 Down 29 3/4 CLOSE 7.44 Down 29 3/4 Minni wheat closed moderately lower to lower. JUL11 HI 11.20 SEP11 HI 10.00 LOW 10.32 LOW 9.57 1/4 CLOSE 10.42 Down 18 1/2 CLOSE 9.62 3/4 Down 30 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.53 -0.14 -0.58 -0.34 CAD $/bu 6.91 7.30 6.86 10.08 CAD $/tonne 253.85 268.28 252.05 370.32 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 N/A N/A N/A N/A -0.45 -1.20 N/A London -0.61 -0.36 -0.90 N/A -0.61 -0.46 -1.24 N/A Hensall -0.60 N/A -0.95 N/A -0.55 N/A -1.20 N/A Trenton N/A N/A N/A N/A N/A N/A -1.00 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.05 Essex N/A N/A -0.64 N/A N/A N/A -1.17 N/A Norwich -0.60 N/A -0.95 N/A -0.55 N/A -1.20 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.60 N/A -0.95 N/A -0.55 N/A -1.20 N/A Chatham N/A N/A N/A N/A N/A -0.45 -1.23 N/A Brigden N/A N/A N/A N/A N/A -0.45 -1.23 N/A Palmerston N/A -0.02 -0.72 0.18 N/A -0.16 -1.02 -0.71 Mitchell -0.60 -0.40 -0.95 N/A -0.55 -0.40 -1.20 N/A Thornton N/A N/A N/A -2.07 N/A N/A N/A -1.73 North Gower N/A N/A N/A N/A N/A N/A N/A -0.65 TERMINAL Sarnia -0.59 -0.05 -0.83 N/A -0.62 -0.08 -0.87 N/A Hamilton N/A N/A 0.00 N/A N/A N/A -0.45 N/A Pt. Stanley N/A N/A -0.45 N/A N/A N/A -0.90 N/A PROCESSORS Toledo FM N/A N/A N/A N/A 0.11 0.55 -0.24 N/A Toledo El. 7.11US 6.98CA 7.31US 7.17CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.53 0.20 -0.63 -0.77 CAD $/bu 6.91 7.64 6.81 8.86 CAD $/tonne 253.85 280.90 250.25 325.52 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 300.00 - 305.00 Bayport Oats 305.00 Bayport Barley 277.00 FOB Hm Soymeal 405.00 - 407.20 DDG's FOB Srn, Wndr, Aylm 205.00 - 215.00