FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, August 29 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.978 down 0.0073 Chicago corn closed slightly higher. SEP11 HI 7.65 1/2 DEC11 HI 7.79 LOW 7.51 1/2 LOW 7.65 1/4 CLOSE7.56 1/4 Up 3 3/4 CLOSE 7.70 Up 3 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC11+DEC11+DEC11 CK Low 0.55 8.11 319.38 -0.50 7.20 283.45 CK High 0.60 8.16 321.34 -0.40 7.30 287.39 CK Avg 0.56 0.72 8.12 319.70 -0.46 -0.31 7.24 285.09 Essex Cty 0.60 8.16 321.34 0.40 8.10 318.88 Mdsx Low 0.55 8.11 319.38 -0.50 7.20 283.45 Mdsx High 0.60 8.16 321.34 -0.40 7.30 287.39 Mdsx Avg 0.57 0.73 8.13 320.03 -0.45 -0.31 7.25 285.42 Hensall 0.52 8.08 318.19 -0.48 7.23 284.44 Bruce 0.55 8.11 319.38 -0.50 7.20 283.45 Putnam 0.50 8.06 317.41 -0.50 7.20 283.45 Princeton 0.60 8.16 321.34 -0.40 7.30 287.39 Durham 0.55 8.11 319.38 -0.50 7.20 283.45 Norfolk 0.55 8.11 319.38 -0.45 7.25 285.42 Palmerston 0.49 8.05 317.01 -0.40 7.30 287.39 Varna 0.55 8.11 319.38 -0.40 7.30 287.39 Trenton 0.34 7.90 311.11 -0.45 7.25 285.42 Winchester 0.60 8.16 321.34 -0.60 7.10 279.51 North Gower 0.44 8.00 315.04 -0.50 7.20 283.45 Huron FOB 0.39 7.95 313.08 -0.45 7.25 285.42 Kent FOB 0.55 8.11 319.38 -0.45 7.25 285.42 Lamb FOB 0.55 8.11 319.38 -0.45 7.25 285.42 Mdsx FOB 0.55N/A N/A N/A 8.11 319.38 -0.50 7.20 283.45 FOB SW Que 0.50 8.06 317.41 -0.40 7.30 287.39 Track 0.93 8.49 334.14N/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 7.35 289.36 Aylmer-Eth 0.45 0.40 0.45N/A 8.01 315.44 -0.40 7.30 287.39 Sarn-Eth N/A N/A N/A N/A -0.30 7.40 291.33 Cllngwd-Eth 0.55N/A N/A N/A 8.11 319.38-0.30* 7.40 291.33 London-Cas N/A N/A 0.80N/A -0.60 7.10 279.51 Pt.Colb-Cas N/A 0.90 1.00N/A -0.65 7.05 277.55 Cardnl-Cas N/A N/A 0.95N/A -0.80 6.90 271.64 W O Feed 0.97 1.00 8.54 336.07 US Rep 0.94 0.96 8.50 334.73 Toledo El. 0.36 7.92 311.98 -0.24 7.46 293.86 TRANSFER Sarnia 0.60 8.16 321.34 -0.40 7.30287 2/5 Pt. Stanley 0.49 8.05 317.01 -0.39 7.31287 7/9 Hamilton 0.44 8.00315 -0.38 7.32288 1/6 MID SD CRN -0.45 7.25 HI SD CRN -0.40 7.30 *Wet Bid Bank of Canada Noon exchange rate was 0.978 down 0.0073 Chicago soybeans closed higher. NOV11 HI 14.47 3/4 NOV11 HI 14.47 3/4 LOW 14.20 1/4 LOW 14.20 1/4 CLOSE14.47 Up 23 1/2 CLOSE 14.47 Up 23 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV11 CK Low -0.68 13.79 506.70-1.30 13.17 483.91 CK High -0.55 13.92 511.47-1.20 13.27 487.59 CK Average -0.62 -0.3113.85 508.96-1.27-1.0013.20 485.14 Essex Cty -0.75 13.72 504.12-1.20 13.27 487.59 Mdsx Low -0.67 13.80 507.06-1.35 13.12 482.08 Mdsx High -0.55 13.92 511.47-1.25 13.22 485.75 Mdsx Average -0.62 -0.3113.85 508.78-1.29-1.0213.18 484.16 Hensall -0.60 13.87 509.64-1.23 13.25 486.67 Bruce -0.55 13.92 511.47-1.25 13.22 485.75 Putnam -0.55 13.92 511.47-1.25 13.22 485.75 Princeton -0.65 13.82 507.80-1.20 13.27 487.59 Durham -0.63 13.84 508.53-1.35 13.12 482.08 Norfolk -0.65 13.82 507.80-1.21 13.26 487.22 Palmerston -0.60 13.87 509.64-1.15 13.32 489.43 Varna -0.60 13.87 509.64-1.15 13.32 489.43 Trenton N/A -1.25 13.22 485.75 Winchester -0.68 13.79 506.70-1.20 13.27 487.59 North Gower -0.70 13.77 505.96-1.05 13.42 493.10 Huron FOB -0.50 13.97 513.31-1.05 13.42 493.10 Kent FOB -0.68 13.79 506.70-1.26 13.21 485.38 Lambton FOB -0.68 13.79 506.70-1.26 13.21 485.38 Middlesex FOB-0.45 N/A N/A N/A 14.02 515.15-1.13 13.34 490.16 PROCESSORS Hamilton 0.04 0.04 N/A N/A 14.51 533.15-0.72 13.75 505.23 Windsor -0.400.55 N/A N/A 14.07 516.98-0.85 13.62 500.45 Winchester -0.58 13.89 510.37-0.82 13.65 501.55 TRANSFER Hamilton 0.05 N/A N/A N/A 14.52 533.52-0.55 13.92 511.47 Pt. Stanley -0.40 14.07 516.98-1.00 13.47 494.94 Sarnia -0.74 13.73 504.49-0.86 13.61 500.08 Owen Sound N/A N/A Sorel QC -0.55 13.92 511.47-0.55 13.92 511.47 Toledo El. -0.23 14.24 523.41-0.37 14.10 517.98 Bank of Canada Noon exchange rate was 0.978 down 0.0073 Chicago wheat closed mixed. SEP11 HI 7.71 1/2 JUL12 HI 8.44 LOW 7.55 1/2 LOW 8.31 CLOSE 7.57 1/4 Down 5 CLOSE 8.42 1/4 Up 6 1/2 Minni wheat closed slightly higher. DEC11 HI 9.46 1/2 SEP12 HI 9.21 LOW 9.34 1/4 LOW 9.12 1/2 CLOSE 9.39 Up 2 1/4 CLOSE 9.20 Up 5 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.41 0.38 -0.50 -0.40 CAD $/bu 7.17 7.95 7.07 8.99 CAD $/tonne 263.29 292.05 259.69 330.44 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 0.10 -0.65 N/A N/A -0.60 -1.30 N/A London -0.59 0.04 -0.78 N/A N/A -0.56 -1.39 N/A Hensall -0.50 N/A -0.60 N/A -0.50 N/A -1.30 N/A Trenton N/A N/A -0.80 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 -0.40 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 0.03 -0.72 N/A N/A -0.72 -1.42 N/A Brigden N/A 0.03 -0.72 N/A N/A -0.72 -1.42 N/A Palmerston N/A 0.11 -0.67 -0.27 N/A -0.30 -1.17 -0.40 Varna -0.50 0.20 -0.60 N/A -0.50 -0.30 -1.30 N/A Mitchell -0.50 0.10 -0.55 N/A -0.50 -0.35 -1.30 N/A Thornton N/A N/A N/A -1.14 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 -0.97 0.31 -0.56 N/A -0.50 -0.36 -1.04 N/A Hamilton N/A N/A -0.45 N/A N/A N/A -0.70 N/A Pt. Stanley N/A N/A -0.90 N/A N/A N/A -1.15 N/A PROCESSORS Toledo FM N/A N/A -0.16N/A 0.14N/A -0.35N/A Toledo El. 7.69US 7.53CA 8.14US 7.99CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.55 0.04 -0.94 -0.56 CAD $/bu 7.87 8.46 7.48 8.64 CAD $/tonne 289.25 310.88 274.83 317.28 (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 435.64 - 443.36 DDG's FOB Srn, Wndr, Aylm 210.00 - 228.00