FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, August 9 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9893 up 0.0003 Chicago corn closed slightly higher. SEP11 HI 6.87 3/4 DEC11 HI 6.97 1/2 LOW 6.58 1/2 LOW 6.68 3/4 CLOSE6.78 1/4 Up 3 CLOSE 6.88 1/2 Up 2 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC11+DEC11+DEC11 CK Low 0.80 7.58 298.51 -0.30 6.59 259.24 CK High 0.85 7.63 300.48 -0.30 6.59 259.24 CK Avg 0.84 0.92 7.62 300.15 -0.30 -0.27 6.59 259.24 Essex Cty 0.80 7.58 298.51 -0.30 6.59 259.24 Mdsx Low 0.80 7.58 298.51 -0.30 6.59 259.24 Mdsx High 0.85 7.63 300.48 -0.30 6.59 259.24 Mdsx Avg 0.83 0.92 7.62 299.82 -0.30 -0.27 6.59 259.24 Hensall 0.85 7.63 300.48 -0.30 6.59 259.24 Bruce 0.85 7.63 300.48 -0.30 6.59 259.24 Putnam 0.85 7.63 300.48 -0.30 6.59 259.24 Princeton 0.80 7.58 298.51 -0.30 6.59 259.24 Durham 0.85 7.63 300.48 -0.35 6.54 257.27 Norfolk 0.85 7.63 300.48 -0.30 6.59 259.24 Palmerston 0.80 7.58 298.51 -0.30 6.59 259.24 Varna 0.85 7.63 300.48 -0.30 6.59 259.24 Trenton 0.90 7.68 302.45 -0.35 6.54 257.27 Winchester 1.00 7.78 306.38 -0.30 6.59 259.24 North Gower 0.65 7.43 292.60 -0.65 6.24 245.46 Huron FOB 0.80 7.58 298.51 -0.30 6.59 259.24 Kent FOB 0.85 7.63 300.48 -0.30 6.59 259.24 Lamb FOB 0.85 7.63 300.48 -0.30 6.59 259.24 Mdsx FOB 0.85N/A N/A N/A 7.63 300.48 -0.30 6.59 259.24 FOB SW Que 0.80 7.58 298.51 -0.40 6.49 255.30 Track 1.23 8.01 315.24N/A PROCESSORS Chat-Eth N/A N/A 1.25N/A N/A Jhnstwn-Eth N/A 1.25 1.30N/A -0.35 6.54 257.27 Aylmer-Eth 0.85 0.80 0.85N/A 7.63 300.48 -0.30 6.59 259.24 Sarn-Eth N/A N/A 1.15N/A -0.30 6.59 259.24 Cllngwd-Eth N/A N/A N/A N/A -0.40* 6.49 255.30 London-Cas 0.80 1.00 1.05N/A 7.58 298.51 -0.70 6.19 243.49 Pt.Colb-Cas 0.75 1.30 1.20N/A 7.53 296.54 -0.65 6.24 245.46 Cardnl-Cas N/A 1.05 1.10N/A -0.80 6.09 239.56 W O Feed 1.18 1.19 7.96 313.47 US Rep 1.30 1.31 8.08 318.19 Toledo El. 0.56 7.35 289.18 -0.24 6.65 261.65 TRANSFER Sarnia 0.80 7.58 298.51 -0.30 6.59259 1/4 Pt. Stanley 0.85 7.63 300.48 -0.45 6.44253 1/3 Hamilton 0.70 7.48294 4/7 -0.30 6.59259 1/4 MID SD CRN -0.30 6.58 1/2 HI SD CRN -0.30 6.58 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9893 up 0.0003 Chicago soybeans closed moderately lower. NOV11 HI 13.22 3/4 NOV11 HI 13.22 3/4 LOW 12.82 LOW 12.82 CLOSE12.99 3/4 Down 11 3/4 CLOSE 12.99 3/4 Down 11 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV11 CK Low -0.53 12.47 458.10-0.94 12.06 443.04 CK High -0.36 12.64 464.35-0.85 12.15 446.34 CK Average -0.43 -0.2712.57 461.90-0.90-0.8312.10 444.57 Essex Cty -0.40 12.60 462.88-0.92 12.08 443.77 Mdsx Low -0.50 12.50 459.20-0.95 12.05 442.67 Mdsx High -0.40 12.60 462.88-0.85 12.15 446.34 Mdsx Average -0.47 -0.3112.53 460.43-0.90-0.8312.10 444.51 Hensall -0.40 12.60 462.88-0.85 12.15 446.34 Bruce -0.40 12.60 462.88-0.85 12.15 446.34 Putnam -0.40 12.60 462.88-0.85 12.15 446.34 Princeton -0.45 12.55 461.04-0.92 12.08 443.77 Durham -0.46 12.54 460.67-0.90 12.10 444.51 Norfolk -0.33 12.67 465.45-0.81 12.19 447.81 Palmerston -0.70 12.30 451.86-1.10 11.90 437.16 Varna -0.50 12.50 459.20-0.85 12.15 446.34 Trenton N/A -0.75 12.25 450.02 Winchester -0.66 12.34 453.33-0.66 12.34 453.33 North Gower -1.15 11.85 435.32-1.15 11.85 435.32 Huron FOB -0.20 12.80 470.23-0.70 12.30 451.86 Kent FOB -0.36 12.64 464.35-0.86 12.14 445.98 Lambton FOB -0.36 12.64 464.35-0.86 12.14 445.98 Middlesex FOB-0.30 N/A N/A N/A 12.70 466.55-0.64 12.36 454.06 PROCESSORS Hamilton 0.08 0.03 N/A N/A 13.08 480.52-0.15 12.85 472.06 Windsor 0.01 N/A N/A N/A 13.01 477.94-0.57 12.43 456.63 Winchester -0.56 12.44 457.00-0.56 12.44 457.00 TRANSFER Hamilton -0.50 N/A N/A N/A 12.50 459.20-0.70 12.30 451.86 Pt. Stanley -0.95 12.05 442.67-1.20 11.80 433.48 Sarnia -0.49 12.51 459.57-0.56 12.44 457.00 Owen Sound N/A N/A Sorel QC -0.05 12.95 475.740.00 13.00 477.58 Toledo El. -0.13 12.87 472.86-0.36 12.64 464.42 Bank of Canada Noon exchange rate was 0.9893 up 0.0003 Chicago wheat closed slightly to moderately higher. SEP11 HI 6.87 1/4 JUL12 HI 7.73 3/4 LOW 6.43 1/4 LOW 7.45 CLOSE 6.71 3/4 Up 15 1/4 CLOSE 7.66 Up 7 1/4 Minni wheat closed slightly to moderately higher. SEP11 HI 8.28 SEP12 HI 8.35 1/4 LOW 7.98 1/2 LOW 8.11 1/4 CLOSE 8.16 3/4 Up 11 1/2 CLOSE 8.31 3/4 Up 7 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.23 0.46 -0.48 -0.35 CAD $/bu 6.49 7.18 6.24 7.82 CAD $/tonne 238.41 263.82 229.33 287.41 Direct MarkHarvest 2011 Harvest 2012 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 0.25 -0.75 N/A N/A -0.45 -1.35 N/A London -0.30 0.35 -0.60 N/A N/A -0.41 -1.25 N/A Hensall -0.40 N/A -0.50 N/A -0.50 N/A -1.30 N/A Trenton N/A N/A -0.60 N/A N/A N/A -1.25 N/A Winchester N/A N/A N/A -0.80 N/A N/A N/A N/A Essex N/A N/A -0.75 N/A N/A N/A -1.40 N/A Norwich -0.30 N/A -0.70 N/A -0.50 N/A -1.30 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 -0.70 N/A -0.50 N/A -1.30 N/A Chatham N/A 0.34 -0.58 N/A N/A -0.41 -1.28 N/A Brigden N/A 0.34 -0.58 N/A N/A -0.41 -1.28 N/A Palmerston N/A 0.32 -0.52 -0.27 N/A -0.29 -1.08 -0.40 Varna -0.15 0.35 -0.45 N/A -0.50 -0.30 -1.30 N/A Mitchell -0.40 0.15 -0.50 N/A -0.50 -0.35 -1.20 N/A Thornton N/A N/A N/A -0.66 N/A N/A N/A N/A North Gower N/A N/A N/A -0.85 N/A N/A N/A N/A TERMINAL Sarnia -0.23 0.49 -0.37 N/A -0.43 -0.08 -1.03 N/A Hamilton N/A N/A -0.60 N/A N/A N/A -1.25 N/A Pt. Stanley N/A N/A -1.05 N/A N/A N/A -1.70 N/A PROCESSORS Toledo FM N/A 0.91 0.12N/A 0.46N/A -0.24N/A Toledo El. 6.84US 6.76CA 7.38US 7.34CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.44 0.16 -0.88 -0.44 CAD $/bu 7.22 7.82 6.78 7.88 CAD $/tonne 265.41 287.34 248.95 289.44 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 280.00 - 300.00 Bayport Oats 300.00 Bayport Barley 265.00 FOB Hm Soymeal 389.56 - 396.18 DDG's FOB Srn, Wndr, Aylm 210.00 - 225.00