FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, June 9 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9732 down 0.0048 Chicago corn closed higher to sharply higher. JUL11 HI 7.93 DEC11 HI 7.22 3/4 LOW 7.59 1/2 LOW 6.89 CLOSE7.85 1/2 Up 21 1/2 CLOSE 7.14 Up 20 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 0.15 8.01 315.14 -0.40 6.74 265.34 CK High 0.15 8.01 315.14 -0.40 6.74 265.34 CK Avg 0.15 0.36 8.01 315.14 -0.40 -0.21 6.74 265.34 Essex Cty 0.15 8.01 315.14 -0.40 6.74 265.34 Mdsx Low 0.15 8.01 315.14 -0.40 6.74 265.34 Mdsx High 0.15 8.01 315.14 -0.40 6.74 265.34 Mdsx Avg 0.15 0.36 8.01 315.14 -0.40 -0.21 6.74 265.34 Hensall 0.15 8.01 315.14 -0.40 6.74 265.34 Bruce 0.15 8.01 315.14 -0.40 6.74 265.34 Putnam 0.15 8.01 315.14 -0.40 6.74 265.34 Princeton 0.15 8.01 315.14 -0.40 6.74 265.34 Durham 0.15 8.01 315.14 -0.40 6.74 265.34 Norfolk 0.15 8.01 315.14 -0.40 6.74 265.34 Trenton 0.05 7.91 311.21 -0.40 6.74 265.34 Winchester 0.30 8.16 321.05 -0.35 6.79 267.31 North Gower 0.00 7.86 309.24 -0.40 6.74 265.34 Huron FOB 0.15 8.01 315.14 -0.40 6.74 265.34 Kent FOB 0.15 8.01 315.14 -0.40 6.74 265.34 Lamb FOB 0.15 8.01 315.14 -0.40 6.74 265.34 Mdsx FOB 0.15 -0.55 -0.70N/A 8.01 315.14 -0.55 6.59 259.44 FOB SW Que 0.00 7.86 309.24 -0.50 6.64 261.41 Track 0.55 8.41 330.89N/A PROCESSORS Chat-Eth 0.40 0.75 0.80 1.30 8.26 324.98 -0.50 6.64 261.41 Jhnstwn-Eth N/A N/A N/A 1.25 -0.55 6.59 259.44 Aylmer-Eth 0.20 0.60 0.65 1.05 8.06 317.11 -0.55 6.59 259.44 Sarn-Eth 0.35 0.75 0.90 1.20 8.21 323.02 -0.35 6.79 267.31 Cllngwd-Eth 0.25N/A N/A N/A 8.11 319.08-0.50* 6.64 261.41 Kwrth-Eth 0.45N/A N/A N/A 8.31 326.95N/A London-Cas 0.30 0.60 0.65 1.17 8.16 321.05 -0.75 6.39 251.56 Pt.Colb-Cas 0.40 0.70 0.75 1.25 8.26 324.98 -0.70 6.44 253.53 Cardnl-Cas 0.40 0.70 0.75 1.25 8.26 324.98 -0.80 6.34 249.59 W O Feed 0.50 0.53 8.36 328.92 US Rep 0.85 0.88 8.71 342.70 Toledo El. 0.31 8.17 321.49 -0.42 6.72 264.62 TRANSFER Sarnia 0.15 8.01 315.14 -0.40 6.74 265.34 Pt. Stanley -0.01 7.85 308.84 -0.47 6.67262 3/5 Hamilton 0.23 8.09 318.29 -0.52 6.62260 5/8 MID SD CRN -0.40 6.741 HI SD CRN -0.40 6.741 *Wet Bid Bank of Canada Noon exchange rate was 0.9732 down 0.0048 Chicago soybeans closed slightly lower. JUL11 HI 14.13 1/4 NOV11 HI 14.04 LOW 13.86 1/4 LOW 13.77 1/4 CLOSE13.93 3/4 Down 7 3/4 CLOSE 13.86 3/4 Down 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV11 CK Low -0.71 13.23 486.03-1.19 12.68 465.82 CK High -0.62 13.32 489.33-1.10 12.77 469.13 CK Average -0.67 -0.2913.27 487.56-1.15-0.7712.72 467.47 Essex Cty -0.57 13.37 491.17-1.07 12.80 470.23 Mdsx Low -0.79 13.15 483.09-1.18 12.69 466.19 Mdsx High -0.65 13.29 488.23-1.13 12.74 468.02 Mdsx Average -0.71 -0.3413.22 485.90-1.15-0.7812.71 467.17 Hensall -0.65 13.29 488.23-1.15 12.72 467.29 Bruce -0.65 13.29 488.23-1.15 12.72 467.29 Putnam -0.65 13.29 488.23-1.15 12.72 467.29 Princeton -0.59 13.35 490.44-1.09 12.78 469.49 Durham -0.75 13.19 484.56-1.15 12.72 467.29 Norfolk -0.57 13.37 491.17-1.10 12.77 469.13 Trenton -1.00 12.94 475.37-1.10 12.77 469.13 Winchester -1.00 12.94 475.37-0.92 12.95 475.74 North Gower N/A -1.00 12.87 472.80 Huron FOB -0.50 13.44 493.74-1.05 12.82 470.96 Kent FOB -0.62 13.32 489.33-1.15 12.72 467.29 Lambton FOB -0.62 13.32 489.33-1.15 12.72 467.29 Middlesex FOB-0.64-0.64 N/A N/A 13.30 488.60-1.01 12.86 472.43 PROCESSORS Hamilton -0.32-0.48-0.53 N/A 13.62 500.36-0.75 13.12 481.99 Windsor -0.28-0.28 N/A N/A 13.66 501.83-0.85 13.02 478.31 Winchester -0.86 13.08 480.52-0.80 13.07 480.15 TRANSFER Hamilton -0.30 N/A N/A N/A 13.64 501.09-0.55 13.32 489.33 Pt. Stanley -0.75 13.19 484.56-1.00 12.87 472.80 Sarnia -0.60 13.34 490.07-0.71 13.16 483.46 Owen Sound N/A N/A Sorel QC -0.52 13.42 493.01-0.24 13.63 500.72 Toledo El. 0.12 14.05 516.41-0.42 13.45 494.17 Bank of Canada Noon exchange rate was 0.9732 down 0.0048 Chicago wheat closed slightly lower. JUL11 HI 7.77 JUL11 HI 7.77 LOW 7.39 LOW 7.39 CLOSE 7.45 Down 3 CLOSE 7.45 Down 3 Minni wheat closed slightly to moderately lower. JUL11 HI 10.68 3/4 SEP11 HI 10.01 LOW 10.16 LOW 9.59 CLOSE 10.20 3/4 Down 3/4 CLOSE 9.64 1/2 Down 10 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.59 -0.20 -0.64 -0.42 CAD $/bu 6.86 7.25 6.81 9.78 CAD $/tonne 252.01 266.31 250.22 359.52 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 -0.40 -1.20 N/A London -0.61 -0.36 -0.80 N/A -0.61 -0.46 -1.24 N/A Hensall -0.40 N/A -0.75 N/A -0.45 N/A -1.10 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 -0.69 N/A N/A N/A -1.27 N/A Norwich -0.40 N/A -0.75 N/A -0.45 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 -0.40 N/A -0.75 N/A -0.45 N/A -1.20 N/A Chatham N/A N/A N/A N/A N/A -0.44 -1.22 N/A Brigden N/A N/A N/A N/A N/A -0.44 -1.22 N/A Palmerston N/A -0.03 -0.73 0.36 N/A -0.25 -1.12 -0.72 Mitchell -0.40 -0.20 -0.75 N/A -0.45 -0.20 -1.10 N/A Thornton N/A N/A N/A -1.84 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 0.05 N/A N/A N/A -0.50 N/A Pt. Stanley N/A N/A -0.35 N/A N/A N/A -0.90 N/A PROCESSORS Toledo FM N/A N/A N/A N/A 0.04 0.58 -0.30 N/A Toledo El. 7.22US 7.02CA 7.32US 7.12CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.59 0.14 -0.69 -0.85 CAD $/bu 6.86 7.59 6.76 8.80 CAD $/tonne 252.01 278.82 248.44 323.33 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 300.00 - 310.00 Bayport Oats 305.00 Bayport Barley 280.00 FOB Hm Soymeal 422.08 - 425.39 DDG's FOB Srn, Wndr, Aylm 215.00