FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, August 17 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.982 up 0.0003 Chicago corn closed slightly lower. SEP11 HI 7.20 1/2 DEC11 HI 7.33 1/2 LOW 7.08 1/4 LOW 7.22 CLOSE7.11 1/2 Down 2 1/2 CLOSE 7.25 1/2 Down 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 0.75 7.87 309.63 -0.35 6.91 271.84 CK High 0.85 7.97 313.57 -0.30 6.96 273.81 CK Avg 0.77 0.90 7.88 310.29 -0.33 -0.20 6.93 272.82 Essex Cty 0.85 7.97 313.57 -0.30 6.96 273.81 Mdsx Low 0.75 7.87 309.63 -0.35 6.91 271.84 Mdsx High 0.85 7.97 313.57 -0.30 6.96 273.81 Mdsx Avg 0.78 0.91 7.90 310.94 -0.32 -0.19 6.94 273.15 Hensall 0.75 7.87 309.63 -0.35 6.91 271.84 Bruce 0.75 7.87 309.63 -0.35 6.91 271.84 Putnam 0.75 7.87 309.63 -0.35 6.91 271.84 Princeton 0.85 7.97 313.57 -0.30 6.96 273.81 Durham 0.75 7.87 309.63 -0.35 6.91 271.84 Norfolk 0.75 7.87 309.63 -0.30 6.96 273.81 Palmerston 0.70 7.82 307.66 -0.30 6.96 273.81 Varna 0.75 7.87 309.63 -0.30 6.96 273.81 Trenton 0.70 7.82 307.66 -0.35 6.91 271.84 Winchester 0.80 7.92 311.60 -0.30 6.96 273.81 North Gower N/A -0.40 6.86 269.87 Huron FOB 0.50 7.62 299.79 -0.40 6.86 269.87 Kent FOB 0.75 7.87 309.63 -0.30 6.96 273.81 Lamb FOB 0.75 7.87 309.63 -0.30 6.96 273.81 Mdsx FOB 0.75N/A N/A N/A 7.87 309.63 -0.30 6.96 273.81 FOB SW Que N/A -0.60 6.66 262.00 Track 1.18 8.29 326.36N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A 0.85 1.05N/A -0.35 6.91 271.84 Aylmer-Eth 0.55 0.50 0.55N/A 7.67 301.76 -0.40 6.86 269.87 Sarn-Eth N/A N/A N/A N/A -0.20 7.06 277.74 Cllngwd-Eth 0.65N/A N/A N/A 7.77 305.69-0.30* 6.96 273.81 London-Cas N/A N/A 0.85N/A -0.70 6.56 258.06 Pt.Colb-Cas 0.75 1.00 1.05N/A 7.87 309.63 -0.65 6.61 260.03 Cardnl-Cas N/A N/A 1.00N/A -0.80 6.46 254.12 W O Feed 1.11 1.13 8.23 323.80 US Rep 1.10 1.12 8.22 323.41 Toledo El. 0.46 7.58 298.27 -0.24 7.02 276.33 TRANSFER Sarnia 0.85 7.97 313.57 -0.30 6.96273 4/5 Pt. Stanley 0.45 7.57 297.82 -0.32 6.94273 Hamilton 0.84 7.96313 1/6 -0.72 6.54257 1/4 MID SD CRN -0.32 1/2 6.93 HI SD CRN -0.30 6.95 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.982 up 0.0003 Chicago soybeans closed moderately higher. NOV11 HI 13.71 NOV11 HI 13.71 LOW 13.46 3/4 LOW 13.46 3/4 CLOSE13.66 3/4 Up 17 1/4 CLOSE 13.66 3/4 Up 17 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV11 CK Low -0.55 13.12 481.99-1.10 12.57 461.78 CK High -0.45 13.22 485.66-1.00 12.67 465.45 CK Average -0.49 -0.2513.17 484.07-1.06-0.8212.61 463.43 Essex Cty -0.40 13.27 487.50-0.93 12.74 468.02 Mdsx Low -0.50 13.17 483.82-1.07 12.60 462.88 Mdsx High -0.45 13.22 485.66-1.00 12.67 465.45 Mdsx Average -0.48 -0.2313.19 484.68-1.04-0.8112.63 463.98 Hensall -0.50 13.17 483.82-1.08 12.59 462.70 Bruce -0.50 13.17 483.82-1.05 12.62 463.61 Putnam -0.50 13.17 483.82-1.05 12.62 463.61 Princeton -0.45 13.22 485.66-0.95 12.72 467.29 Durham -0.44 13.23 486.03-1.07 12.60 462.88 Norfolk -0.46 13.21 485.29-1.02 12.65 464.72 Palmerston -0.40 13.27 487.50-0.85 12.82 470.96 Varna -0.45 13.22 485.66-0.85 12.82 470.96 Trenton N/A -0.85 12.82 470.96 Winchester -0.56 13.11 481.62-0.92 12.75 468.39 North Gower N/A -0.85 12.82 470.96 Huron FOB -0.35 13.32 489.33-0.95 12.72 467.29 Kent FOB -0.49 13.18 484.19-1.07 12.60 462.88 Lambton FOB -0.49 13.18 484.19-1.07 12.60 462.88 Middlesex FOB-0.33 N/A N/A N/A 13.34 490.07-0.90 12.77 469.13 PROCESSORS Hamilton 0.09 -0.11-0.43 N/A 13.76 505.50-0.67 13.00 477.58 Windsor -0.15-0.25 N/A N/A 13.52 496.68-0.72 12.95 475.74 Winchester -0.33 13.34 490.07-0.68 12.99 477.21 TRANSFER Hamilton 0.15 N/A N/A N/A 13.82 507.71-0.60 13.07 480.15 Pt. Stanley -0.30 13.37 491.17-1.05 12.62 463.61 Sarnia -0.57 13.10 481.25-0.60 13.07 480.15 Owen Sound N/A N/A Sorel QC -0.55 13.12 481.99-0.55 13.12 481.99 Toledo El. -0.18 13.49 495.70-0.35 13.31 489.19 Bank of Canada Noon exchange rate was 0.982 up 0.0003 Chicago wheat closed slightly higher. SEP11 HI 7.39 1/4 JUL12 HI 8.08 3/4 LOW 7.22 3/4 LOW 7.97 CLOSE 7.27 1/2 Up 2 3/4 CLOSE 8.03 1/2 Up 5 3/4 Minni wheat closed slightly higher to higher. SEP11 HI 9.23 1/4 SEP12 HI 8.87 1/4 LOW 8.93 3/4 LOW 8.79 CLOSE 9.16 3/4 Up 20 1/2 CLOSE 8.82 1/4 Up 7 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.28 0.46 -0.48 -0.22 CAD $/bu 7.00 7.73 6.80 8.95 CAD $/tonne 257.04 284.10 249.83 328.93 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 0.05 -0.70 N/A N/A -0.65 -1.30 N/A London -0.45 0.19 -0.74 N/A N/A -0.51 -1.34 N/A Hensall -0.50 N/A -0.55 N/A -0.50 N/A -1.30 N/A Trenton N/A N/A -0.70 N/A N/A N/A -1.30 N/A Winchester N/A N/A N/A -0.80 N/A N/A N/A N/A Essex N/A N/A -0.68 N/A N/A N/A -1.32 N/A Norwich -0.40 N/A -0.65 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 -0.50 N/A -0.65 N/A -0.50 N/A -1.30 N/A Chatham N/A 0.12 -0.65 N/A N/A -0.63 -1.35 N/A Brigden N/A 0.12 -0.65 N/A N/A -0.63 -1.35 N/A Palmerston N/A 0.29 -0.54 -0.28 N/A -0.36 -1.15 -0.40 Varna -0.40 0.25 -0.55 N/A -0.50 -0.30 -1.30 N/A Mitchell -0.50 0.15 -0.55 N/A -0.50 -0.35 -1.15 N/A Thornton N/A N/A N/A -1.21 N/A N/A N/A N/A North Gower N/A N/A N/A -0.40 N/A N/A N/A N/A TERMINAL Sarnia -0.50 0.38 -0.45 N/A -0.44 -0.19 -0.98 N/A Hamilton N/A N/A -0.50 N/A N/A N/A -0.75 N/A Pt. Stanley N/A N/A -0.95 N/A N/A N/A -1.20 N/A PROCESSORS Toledo FM N/A 0.85 0.06N/A 0.35N/A -0.33N/A Toledo El. 7.40US 7.26CA 7.76US 7.62CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.53 0.06 -0.92 -0.54 CAD $/bu 7.51 8.09 7.11 8.28 CAD $/tonne 275.77 297.44 261.32 304.21 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 275.00 - 285.00 Bayport Oats 310.00 Bayport Barley 270.00 FOB Hm Soymeal 415.03 DDG's FOB Srn, Wndr, Aylm 210.00 - 225.00