FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, June 10 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9768 up 0.0036 Chicago corn closed narrowly mixed. JUL11 HI 7.99 3/4 DEC11 HI 7.15 LOW 7.77 1/4 LOW 7.03 CLOSE7.87 Up 1 1/2 CLOSE 7.12 1/2 Down 1 1/2 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 8.02 315.73 -0.40 6.73 264.75 CK High 0.15 8.02 315.73 -0.40 6.73 264.75 CK Avg 0.15 0.33 8.02 315.73 -0.40 -0.24 6.73 264.75 Essex Cty 0.15 8.02 315.73 -0.40 6.73 264.75 Mdsx Low 0.15 8.02 315.73 -0.40 6.73 264.75 Mdsx High 0.15 8.02 315.73 -0.40 6.73 264.75 Mdsx Avg 0.15 0.33 8.02 315.73 -0.40 -0.24 6.73 264.75 Hensall 0.15 8.02 315.73 -0.40 6.73 264.75 Bruce 0.15 8.02 315.73 -0.40 6.73 264.75 Putnam 0.15 8.02 315.73 -0.40 6.73 264.75 Princeton 0.15 8.02 315.73 -0.40 6.73 264.75 Durham 0.15 8.02 315.73 -0.40 6.73 264.75 Norfolk 0.15 8.02 315.73 -0.40 6.73 264.75 Trenton 0.05 7.92 311.80 -0.40 6.73 264.75 Winchester 0.30 8.17 321.64 -0.35 6.78 266.72 North Gower 0.00 7.87 309.83 -0.40 6.73 264.75 Huron FOB 0.15 8.02 315.73 -0.40 6.73 264.75 Kent FOB 0.15 8.02 315.73 -0.40 6.73 264.75 Lamb FOB 0.15 8.02 315.73 -0.40 6.73 264.75 Mdsx FOB 0.15 0.40 0.65N/A 8.02 315.73 -0.55 6.58 258.85 FOB SW Que 0.00 7.87 309.83 -0.50 6.63 260.81 Track 0.55 8.42 331.48N/A PROCESSORS Chat-Eth 0.40 0.75 0.80 1.30 8.27 325.58 -0.50 6.63 260.81 Jhnstwn-Eth N/A N/A N/A 1.25 -0.55 6.58 258.85 Aylmer-Eth 0.20 0.60 0.65 1.05 8.07 317.70 -0.55 6.58 258.85 Sarn-Eth N/A N/A 0.90 1.20 -0.35 6.78 266.72 Cllngwd-Eth 0.25N/A N/A N/A 8.12 319.67-0.50* 6.63 260.81 Kwrth-Eth 0.45N/A N/A N/A 8.32 327.54N/A London-Cas 0.30 0.60 0.65 1.17 8.17 321.64 -0.75 6.38 250.97 Pt.Colb-Cas 0.40 0.70 0.75 1.25 8.27 325.58 -0.70 6.43 252.94 Cardnl-Cas 0.40 0.70 0.75 1.25 8.27 325.58 -0.80 6.33 249.00 W O Feed 0.52 0.54 8.39 330.30 US Rep 0.85 0.87 8.72 343.29 Toledo El. 0.31 8.18 322.14 -0.42 6.70 263.96 TRANSFER Sarnia 0.15 8.02 315.73 -0.40 6.73 264.75 Pt. Stanley -0.03 7.84 308.65 -0.48 6.65261 3/5 Hamilton -0.20 7.67 301.95 -0.53 6.60259 5/8 MID SD CRN -0.40 6.72 1/2 HI SD CRN -0.40 6.72 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9768 up 0.0036 Chicago soybeans closed slightly lower. JUL11 HI 13.97 1/2 NOV11 HI 13.90 1/4 LOW 13.77 1/4 LOW 13.70 3/4 CLOSE13.87 1/4 Down 6 1/2 CLOSE 13.81 3/4 Down 5 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV11 CK Low -0.70 13.17 484.01-1.21 12.61 463.25 CK High -0.67 13.20 485.11-1.10 12.72 467.29 CK Average -0.69 -0.3713.18 484.44-1.17-0.8512.64 464.59 Essex Cty -0.57 13.30 488.78-1.07 12.75 468.39 Mdsx Low -0.80 13.07 480.33-1.20 12.62 463.61 Mdsx High -0.70 13.17 484.01-1.13 12.69 466.19 Mdsx Average -0.73 -0.4113.14 482.78-1.17-0.8512.64 464.59 Hensall -0.68 13.20 484.93-1.18 12.64 464.53 Bruce -0.70 13.17 484.01-1.20 12.62 463.61 Putnam -0.65 13.22 485.84-1.15 12.67 465.45 Princeton -0.59 13.28 488.05-1.09 12.73 467.66 Durham -0.76 13.11 481.80-1.16 12.66 465.08 Norfolk -0.63 13.24 486.58-1.16 12.66 465.08 Trenton -1.00 12.87 472.98-1.10 12.72 467.29 Winchester -1.00 12.87 472.98-0.92 12.90 473.90 North Gower N/A -1.05 12.77 469.13 Huron FOB -0.50 13.37 491.36-1.05 12.77 469.13 Kent FOB -0.68 13.19 484.74-1.21 12.61 463.25 Lambton FOB -0.68 13.19 484.74-1.21 12.61 463.25 Middlesex FOB-0.64-0.64 N/A N/A 13.23 486.21-1.02 12.80 470.23 PROCESSORS Hamilton -0.26-0.42-0.47-0.43 13.61 500.17-0.67 13.15 483.09 Windsor -0.23-0.23 N/A N/A 13.64 501.28-0.80 13.02 478.31 Winchester -0.90 12.97 476.66-0.82 13.00 477.58 TRANSFER Hamilton -0.30 N/A N/A N/A 13.57 498.70-0.55 13.27 487.50 Pt. Stanley -0.75 13.12 482.17-1.00 12.82 470.96 Sarnia -0.60 13.27 487.68-0.71 13.11 481.62 Owen Sound N/A N/A Sorel QC -0.52 13.35 490.62-0.24 13.58 498.89 Toledo El. 0.12 13.99 514.03-0.42 13.40 492.27 Bank of Canada Noon exchange rate was 0.9768 up 0.0036 Chicago wheat closed moderately higher. JUL11 HI 7.63 3/4 JUL11 HI 7.63 3/4 LOW 7.37 1/2 LOW 7.37 1/2 CLOSE 7.59 1/4 Up 14 1/4 CLOSE 7.59 1/4 Up 14 1/4 Minni wheat closed moderately lower to lower. JUL11 HI 10.30 1/2 SEP11 HI 9.68 LOW 9.96 LOW 9.43 1/4 CLOSE 10.00 Down 20 3/4 CLOSE 9.48 3/4 Down 15 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.57 -0.18 -0.61 -0.38 CAD $/bu 7.03 7.42 6.98 9.62 CAD $/tonne 258.19 272.54 256.39 353.58 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 -0.62 -0.37 -0.81 N/A -0.62 -0.47 -1.25 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 -0.90 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.05 Essex N/A N/A -0.67 N/A N/A N/A -1.20 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 -1.21 N/A Brigden N/A N/A N/A N/A N/A -0.44 -1.21 N/A Palmerston N/A -0.07 -0.57 0.30 N/A -0.34 -1.11 -0.78 Mitchell -0.40 -0.20 -0.75 N/A -0.45 -0.20 -1.10 N/A Thornton N/A N/A N/A -1.49 N/A N/A N/A -1.44 North Gower N/A N/A N/A N/A N/A N/A N/A -0.65 TERMINAL Sarnia -0.26 -0.14 -0.84 N/A -0.24 -0.15 -0.83 N/A Hamilton N/A N/A -0.20 N/A N/A N/A -0.70 N/A Pt. Stanley N/A N/A -0.40 N/A N/A N/A -1.15 N/A PROCESSORS Toledo FM N/A N/A N/A N/A 0.07 0.61 -0.27 N/A Toledo El. 7.36US 7.19CA 7.51US 7.34CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.57 0.17 -0.66 -0.80 CAD $/bu 7.03 7.76 6.93 8.68 CAD $/tonne 258.19 285.11 254.60 319.03 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 310.00 - 315.00 Bayport Oats 308.00 Bayport Barley 285.00 FOB Hm Soymeal 422.52 - 424.73 DDG's FOB Srn, Wndr, Aylm 215.00