FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, June 20 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9785 down 0.0012 Chicago corn closed slightly higher. JUL11 HI 7.07 3/4 DEC11 HI 6.66 1/4 LOW 6.95 1/2 LOW 6.53 1/2 CLOSE7.00 1/2 Up 1/4 CLOSE 6.60 1/2 Up 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 0.30 7.31 287.59 -0.40 6.21 244.28 CK High 0.30 7.31 287.59 -0.40 6.21 244.28 CK Avg 0.30 0.43 7.31 287.59 -0.40 -0.28 6.21 244.28 Essex Cty 0.30 7.31 287.59 -0.40 6.21 244.28 Mdsx Low 0.30 7.31 287.59 -0.40 6.21 244.28 Mdsx High 0.30 7.31 287.59 -0.40 6.21 244.28 Mdsx Avg 0.30 0.43 7.31 287.59 -0.40 -0.28 6.21 244.28 Hensall 0.23 7.23 284.63 -0.40 6.21 244.28 Bruce 0.30 7.31 287.59 -0.40 6.21 244.28 Putnam 0.15 7.16 281.68 -0.40 6.21 244.28 Princeton 0.30 7.31 287.59 -0.40 6.21 244.28 Durham 0.30 7.31 287.59 -0.40 6.21 244.28 Norfolk 0.30 7.31 287.59 -0.40 6.21 244.28 Trenton 0.10 7.11 279.71 -0.40 6.21 244.28 Winchester 0.30 7.31 287.59 -0.35 6.26 246.25 North Gower 0.00 7.01 275.77 -0.40 6.21 244.28 Huron FOB 0.10 7.11 279.71 -0.40 6.21 244.28 Kent FOB 0.30 7.31 287.59 -0.40 6.21 244.28 Lamb FOB 0.30 7.31 287.59 -0.40 6.21 244.28 Mdsx FOB 0.30 0.40 0.55N/A 7.31 287.59 -0.55 6.06 238.37 FOB SW Que 0.15 7.16 281.68 -0.70 5.91 232.47 Track 0.63 7.63 300.38N/A PROCESSORS Chat-Eth 0.50 0.80 0.95 1.25 7.51 295.46 -0.35 6.26 246.25 Jhnstwn-Eth N/A N/A N/A 1.25 -0.55 6.06 238.37 Aylmer-Eth 0.40 0.70 0.75 1.05 7.41 291.52 -0.45 6.16 242.31 Sarn-Eth N/A N/A 0.75 1.15 -0.35 6.26 246.25 Cllngwd-Eth N/A N/A N/A N/A 7.13 280.50-0.55* 6.06 238.37 Kwrth-Eth N/A 0.75N/A N/A N/A London-Cas 0.35 0.60 0.65 1.17 7.36 289.55 -0.75 5.86 230.50 Pt.Colb-Cas 0.45 0.70 0.75 1.25 7.46 293.49 -0.70 5.91 232.47 Cardnl-Cas 0.45 0.70 0.75 1.25 7.46 293.49 -0.80 5.81 228.53 W O Feed 0.61 0.63 7.62 299.79 US Rep 0.90 0.92 7.91 311.21 Toledo El. -0.22 6.79 267.27 -0.39 6.21 244.56 TRANSFER Sarnia 0.30 7.31 287.59 -0.40 6.21 244.28 Pt. Stanley 0.10 7.11 279.71 -0.40 6.21244 2/7 Hamilton 0.45 7.46 293.49 -0.30 6.31248 2/9 MID SD CRN -0.40 6.20 1/2 HI SD CRN -0.40 6.20 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9785 down 0.0012 Chicago soybeans closed slightly higher. JUL11 HI 13.46 NOV11 HI 13.46 LOW 13.31 3/4 LOW 13.30 CLOSE13.35 3/4 Up 2 3/4 CLOSE 13.35 1/2 Up 2 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV11 CK Low -0.57 12.79 469.86-1.12 12.24 449.56 CK High -0.53 12.83 471.33-1.05 12.31 452.13 CK Average -0.55 -0.3112.81 470.72-1.10-0.8612.26 450.29 Essex Cty -0.50 12.86 472.43-1.06 12.30 451.76 Mdsx Low -0.64 12.72 467.29-1.12 12.24 449.56 Mdsx High -0.55 12.81 470.60-1.09 12.27 450.66 Mdsx Average -0.59 -0.3512.76 469.00-1.10-0.8612.25 450.17 Hensall -0.58 12.78 469.68-1.10 12.26 450.29 Bruce -0.55 12.81 470.60-1.10 12.26 450.29 Putnam -0.55 12.81 470.60-1.10 12.26 450.29 Princeton -0.51 12.85 472.06-1.05 12.31 452.13 Durham -0.60 12.76 468.76-1.09 12.27 450.66 Norfolk -0.48 12.88 473.17-1.07 12.29 451.40 Trenton -0.85 12.51 459.57-1.00 12.36 453.97 Winchester -0.55 12.81 470.60-0.80 12.56 461.32 North Gower -0.40 12.96 476.11-0.80 12.56 461.32 Huron FOB -0.45 12.91 474.27-0.95 12.41 455.81 Kent FOB -0.53 12.83 471.33-1.12 12.24 449.56 Lambton FOB -0.53 12.83 471.33-1.12 12.24 449.56 Middlesex FOB-0.46 N/A -0.38 N/A 12.90 473.90-0.85 12.51 459.48 PROCESSORS Hamilton -0.19-0.39-0.42 N/A 13.17 483.82-0.65 12.71 466.83 Windsor -0.14-0.14 N/A N/A 13.22 485.66-0.76 12.60 462.79 Winchester -0.45 12.91 474.27-0.70 12.66 464.99 TRANSFER Hamilton -0.25 N/A N/A N/A 13.11 481.62-0.50 12.86 472.34 Pt. Stanley -0.70 12.66 465.08-0.90 12.46 457.64 Sarnia -0.50 12.86 472.43-0.68 12.68 465.73 Owen Sound N/A N/A Sorel QC -0.25 13.11 481.62-0.25 13.11 481.53 Toledo El. 0.12 13.48 495.13-0.42 12.93 475.20 Bank of Canada Noon exchange rate was 0.9785 down 0.0012 Chicago wheat closed moderately lower. JUL11 HI 6.75 1/4 JUL11 HI 6.75 1/4 LOW 6.54 1/4 LOW 6.54 1/4 CLOSE 6.59 1/4 Down 13 CLOSE 6.59 1/4 Down 13 Minni wheat closed mixed. JUL11 HI 9.07 1/4 SEP11 HI 8.95 LOW 8.95 3/4 LOW 8.75 CLOSE 9.00 1/2 Up 3 1/4 CLOSE 8.79 Down 2 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.51 -0.12 -0.56 -0.31 CAD $/bu 6.08 6.47 6.03 8.70 CAD $/tonne 223.42 237.86 221.62 319.49 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 -1.10 N/A London -0.52 -0.32 -0.66 N/A -0.52 -0.42 -1.20 N/A Hensall -0.30 N/A -0.50 N/A -0.38 N/A -0.74 N/A Trenton N/A N/A N/A N/A N/A N/A -0.73 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.05 Essex N/A N/A -0.53 N/A N/A N/A -1.21 N/A Norwich -0.30 N/A -0.50 N/A -0.38 N/A -1.08 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.30 N/A -0.50 N/A -0.38 N/A -1.08 N/A Chatham N/A N/A N/A N/A N/A -0.38 -1.15 N/A Brigden N/A N/A N/A N/A N/A -0.38 -1.15 N/A Palmerston N/A N/A N/A N/A N/A 0.09 -0.74 -0.69 Mitchell -0.30 0.00 -0.50 N/A -0.38 0.17 -0.73 N/A Thornton N/A N/A N/A -1.48 N/A N/A N/A -1.68 North Gower N/A N/A N/A N/A N/A N/A N/A -0.65 TERMINAL Sarnia -0.18 0.12 -0.77 N/A -0.33 0.07 -0.77 N/A Hamilton N/A N/A 0.05 N/A N/A N/A -0.45 N/A Pt. Stanley N/A N/A -0.30 N/A N/A N/A -0.90 N/A PROCESSORS Toledo FM N/A N/A N/A N/A 0.13 0.67 -0.32 N/A Toledo El. 6.46US 6.35CA 6.51US 6.39CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.32 0.22 -0.61 -0.65 CAD $/bu 6.28 6.82 5.98 8.14 CAD $/tonne 230.64 250.48 219.82 299.10 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 305.00 - 315.00 Bayport Oats 315.00 Bayport Barley 290.00 FOB Hm Soymeal 403.45 DDG's FOB Srn, Wndr, Aylm 215.00