FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, August 30 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9793 up 0.0013 Chicago corn closed moderately higher. DEC11 HI 7.77 1/4 DEC11 HI 7.77 1/4 LOW 7.60 1/4 LOW 7.60 1/4 CLOSE7.75 1/4 Up 5 1/4 CLOSE 7.75 1/4 Up 5 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC11+DEC11+MAR12 CK Low 0.26 8.01 315.44 -0.50 7.25 285.52 CK High 0.40 8.15 320.95 -0.50 7.25 285.52 CK Avg 0.34 0.51 8.10 318.72 -0.50 -0.38 7.25 285.52 Essex Cty 0.40 8.15 320.95 -0.50 7.25 285.52 Mdsx Low 0.30 8.05 317.01 -0.50 7.25 285.52 Mdsx High 0.40 8.15 320.95 -0.50 7.25 285.52 Mdsx Avg 0.37 0.53 8.12 319.64 -0.50 -0.38 7.25 285.52 Hensall 0.30 8.05 317.01 -0.50 7.25 285.52 Bruce 0.30 8.05 317.01 -0.50 7.25 285.52 Putnam 0.30 8.05 317.01 -0.50 7.25 285.52 Princeton 0.40 8.15 320.95 -0.50 7.25 285.52 Durham 0.40 8.15 320.95 -0.55 7.20 283.55 Norfolk 0.26 8.01 315.44 -0.50 7.25 285.52 Palmerston 0.35 8.10 318.98 -0.40 7.35 289.46 Varna 0.30 8.05 317.01 -0.50 7.25 285.52 Trenton 0.20 7.95 313.08 -0.45 7.30 287.49 Winchester 0.40 8.15 320.95 -0.30 7.45 293.39 North Gower 0.30 8.05 317.01 -0.50 7.25 285.52 Huron FOB 0.20 7.95 313.08 -0.50 7.25 285.52 Kent FOB 0.26 8.01 315.44 -0.50 7.25 285.52 Lamb FOB 0.26 8.01 315.44 -0.50 7.25 285.52 Mdsx FOB 0.40N/A N/A N/A 8.15 320.95 -0.50 7.25 285.52 FOB SW Que 0.50 8.25 324.89 -0.35 7.40 291.42 Track 0.68 8.43 331.78N/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 7.40 291.42 Aylmer-Eth N/A 0.20 0.25N/A -0.40 7.35 289.46 Sarn-Eth N/A N/A N/A N/A -0.30 7.45 293.39 Cllngwd-Eth 0.43N/A N/A N/A 8.18 322.13-0.30* 7.45 293.39 London-Cas N/A N/A 0.75N/A -0.50 7.25 285.52 Pt.Colb-Cas N/A 0.80 0.90N/A -0.45 7.30 287.49 Cardnl-Cas N/A N/A 0.85N/A -0.45 7.30 287.49 W O Feed 0.83 0.85 8.58 337.96 US Rep 0.80 0.82 8.55 336.70 Toledo El. 0.15 7.90 310.98 -0.24 7.52 295.90 TRANSFER Sarnia 0.40 8.15 320.95 -0.50 7.25285 1/2 Pt. Stanley 0.38 8.13 320.16 -0.50 7.25285 1/2 Hamilton 0.42 8.17321 3/4 -0.50 7.25285 1/2 MID SD CRN -0.50 7.25 1/4 HI SD CRN -0.50 7.25 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9793 up 0.0013 Chicago soybeans closed slightly higher. NOV11 HI 14.58 1/2 NOV11 HI 14.58 1/2 LOW 14.37 LOW 14.37 CLOSE14.57 Up 10 CLOSE 14.57 Up 10 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN12 CK Low -0.65 13.92 511.47-1.30 13.27 487.59 CK High -0.55 14.02 515.15-1.20 13.37 491.26 CK Average -0.60 -0.2813.97 513.37-1.26-1.0413.31 488.94 Essex Cty -0.67 13.90 510.74-1.20 13.37 491.26 Mdsx Low -0.59 13.98 513.68-1.32 13.25 486.85 Mdsx High -0.55 14.02 515.15-1.25 13.32 489.43 Mdsx Average -0.57 -0.2614.00 514.41-1.27-1.0513.30 488.57 Hensall -0.58 14.00 514.23-1.25 13.32 489.43 Bruce -0.55 14.02 515.15-1.25 13.32 489.43 Putnam -0.55 14.02 515.15-1.25 13.32 489.43 Princeton -0.59 13.98 513.68-1.20 13.37 491.26 Durham -0.55 14.02 515.15-1.32 13.25 486.85 Norfolk -0.61 13.96 512.94-1.23 13.34 490.16 Palmerston N/A -1.20 13.37 491.26 Varna -0.60 13.97 513.31-1.25 13.32 489.43 Trenton N/A -1.25 13.32 489.43 Winchester -0.68 13.89 510.37-1.20 13.37 491.26 North Gower -0.70 13.87 509.64-1.05 13.52 496.77 Huron FOB -0.45 14.12 518.82-1.15 13.42 493.10 Kent FOB -0.64 13.93 511.84-1.28 13.29 488.32 Lambton FOB -0.64 13.93 511.84-1.28 13.29 488.32 Middlesex FOB-0.29 N/A N/A N/A 14.28 524.70-1.13 13.44 493.84 PROCESSORS Hamilton 0.05 0.05 N/A N/A 14.62 537.19-0.70 13.87 509.64 Windsor -0.37 N/A N/A N/A 14.20 521.76-0.89 13.68 502.65 Winchester -0.58 13.99 514.04-0.82 13.75 505.23 TRANSFER Hamilton -0.10 N/A N/A N/A 14.47 531.68-0.80 13.77 505.96 Pt. Stanley -0.80 13.77 505.96-1.20 13.37 491.26 Sarnia -0.67 13.90 510.74-0.81 13.76 505.59 Owen Sound N/A N/A Sorel QC -0.60 13.97 513.31-0.60 13.97 513.31 Toledo El. -0.27 14.30 525.29-0.37 14.20 521.61 Bank of Canada Noon exchange rate was 0.9793 up 0.0013 Chicago wheat closed slightly lower. DEC11 HI 7.96 1/4 JUL12 HI 8.43 LOW 7.81 LOW 8.28 1/4 CLOSE 7.90 3/4 Down 4 1/4 CLOSE 8.38 3/4 Down 3 1/2 Minni wheat closed slightly lower. DEC11 HI 9.43 1/2 SEP12 HI 9.18 3/4 LOW 9.21 1/4 LOW 9.06 1/4 CLOSE 9.33 1/4 Down 5 3/4 CLOSE 9.15 1/4 Down 4 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.81 -0.02 -0.95 -0.35 CAD $/bu 7.10 7.88 6.95 8.98 CAD $/tonne 260.93 289.69 255.53 330.14 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 0.00 -1.00 N/A N/A -0.70 -1.30 N/A London -0.94 -0.29 -1.14 N/A N/A -0.51 -1.34 N/A Hensall -0.85 N/A -1.00 N/A -0.50 N/A -1.30 N/A Trenton N/A N/A -1.05 N/A N/A N/A -1.50 N/A Winchester N/A N/A N/A -0.70 N/A N/A N/A N/A Essex N/A N/A -0.96 N/A N/A N/A -1.43 N/A Norwich -0.75 N/A -1.00 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 -0.85 N/A -1.00 N/A -0.50 N/A -1.30 N/A Chatham N/A -0.06 -0.97 N/A N/A -0.70 -1.40 N/A Brigden N/A -0.06 -0.97 N/A N/A -0.70 -1.40 N/A Palmerston N/A -0.23 -1.00 -0.23 N/A -0.26 -1.15 -0.90 Varna -0.90 -0.20 -1.00 N/A -0.50 -0.30 -1.30 N/A Mitchell -0.85 -0.25 -0.55 N/A -0.50 -0.35 -1.30 N/A Thornton N/A N/A N/A -1.08 N/A N/A N/A N/A North Gower N/A N/A N/A -0.60 N/A N/A N/A N/A TERMINAL Sarnia -0.62 0.12 -0.72 N/A -0.44 -0.29 -0.98 N/A Hamilton N/A N/A -0.60 N/A N/A N/A -0.80 N/A Pt. Stanley N/A N/A -1.05 N/A N/A N/A -1.25 N/A PROCESSORS Toledo FM N/A N/A -0.56N/A 0.16N/A -0.33N/A Toledo El. 7.63US 7.46CA 8.11US 7.98CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.53 0.07 -0.92 -0.54 CAD $/bu 7.86 8.45 7.47 8.62 CAD $/tonne 288.90 310.60 274.43 316.57 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 285.00 - 290.00 Bayport Oats 305.00 Bayport Barley 270.00 FOB Hm Soymeal 437.74 - 444.35 DDG's FOB Srn, Wndr, Aylm 210.00 - 228.00