FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, September 6 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.991 up 0.0095 Chicago corn closed slightly lower. DEC11 HI 7.59 DEC11 HI 7.59 LOW 7.42 3/4 LOW 7.42 3/4 CLOSE7.55 3/4 Down 4 1/4 CLOSE 7.55 3/4 Down 4 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 0.25 7.81 307.37 -0.50 7.06 277.84 CK High 0.25 7.81 307.37 -0.50 7.06 277.84 CK Avg 0.25 0.30 7.81 307.37 -0.50 -0.47 7.06 277.84 Essex Cty 0.25 7.81 307.37 -0.50 7.06 277.84 Mdsx Low 0.25 7.81 307.37 -0.50 7.06 277.84 Mdsx High 0.25 7.81 307.37 -0.50 7.06 277.84 Mdsx Avg 0.25 0.30 7.81 307.37 -0.50 -0.47 7.06 277.84 Hensall 0.25 7.81 307.37 -0.50 7.06 277.84 Bruce 0.25 7.81 307.37 -0.50 7.06 277.84 Putnam 0.25 7.81 307.37 -0.50 7.06 277.84 Princeton 0.25 7.81 307.37 -0.50 7.06 277.84 Durham 0.25 7.81 307.37 -0.55 7.01 275.87 Norfolk 0.25 7.81 307.37 -0.50 7.06 277.84 Palmerston 0.25 7.81 307.37 -0.50 7.06 277.84 Varna 0.25 7.81 307.37 -0.50 7.06 277.84 Trenton 0.10 7.66 301.46 -0.50 7.06 277.84 Winchester 0.40 7.96 313.27 -0.30 7.26 285.72 North Gower 0.50 8.06 317.21 -0.70 6.86 269.97 Huron FOB 0.20 7.76 305.40 -0.50 7.06 277.84 Kent FOB 0.25 7.81 307.37 -0.50 7.06 277.84 Lamb FOB 0.25 7.81 307.37 -0.50 7.06 277.84 Mdsx FOB 0.25N/A N/A -0.55 7.81 307.37 -0.50 7.06 277.84 FOB SW Que 0.50 8.06 317.21 -0.50 7.06 277.84 Track 0.65 8.21 323.11N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth 0.55 -0.45 -0.45 -0.60 8.11 319.18 -0.45 7.11 279.81 Aylmer-Eth 0.00 0.05 -0.40 -0.40 7.56 297.53 -0.40 7.16 281.78 Sarn-Eth N/A N/A N/A -0.30 -0.30 7.26 285.72 Cllngwd-Eth 0.45N/A N/A N/A 8.01 315.24-0.25* 7.31 287.68 London-Cas N/A N/A N/A -0.50 N/A Pt.Colb-Cas N/A N/A N/A -0.45 N/A Cardnl-Cas N/A -0.45N/A -0.75 N/A W O Feed 0.74 0.75 8.30 326.66 US Rep 0.80 0.81 8.36 329.02 Toledo El. 0.02 7.58 298.31 -0.24 7.32 288.11 TRANSFER Sarnia 0.25 7.81 307.37 -0.50 7.06277 5/6 Pt. Stanley N/A -0.50 7.06277 5/6 Hamilton N/A -0.50 7.06277 5/6 MID SD CRN -0.50 7.05 3/4 HI SD CRN -0.50 7.05 3/4 *Wet Bid Bank of Canada Noon exchange rate was 0.991 up 0.0095 Chicago soybeans closed moderately lower to lower. NOV11 HI 14.34 1/2 NOV11 HI 14.34 1/2 LOW 14.08 1/4 LOW 14.08 1/4 CLOSE14.22 1/2 Down 23 1/4 CLOSE 14.22 1/2 Down 23 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN12 CK Low -0.60 13.63 500.63-1.25 12.98 476.75 CK High -0.49 13.74 504.67-1.05 13.18 484.10 CK Average -0.54 -0.4413.68 502.78-1.15-1.0913.08 480.61 Essex Cty -0.57 13.66 501.74-1.05 13.18 484.10 Mdsx Low -0.55 13.68 502.47-1.22 13.01 477.85 Mdsx High -0.44 13.79 506.51-1.12 13.11 481.53 Mdsx Average -0.50 -0.4013.73 504.43-1.16-1.1113.06 479.93 Hensall -0.58 13.65 501.55-1.20 13.03 478.59 Bruce -0.55 13.68 502.47-1.15 13.08 480.42 Putnam -0.55 13.68 502.47-1.15 13.08 480.42 Princeton -0.47 13.76 505.41-1.00 13.23 485.94 Durham -0.40 13.83 507.98-1.22 13.01 477.85 Norfolk -0.49 13.74 504.67-1.06 13.17 483.73 Palmerston N/A -1.30 12.93 474.91 Varna -0.70 13.53 496.96-1.35 12.88 473.08 Trenton N/A -1.20 13.03 478.59 Winchester -0.75 13.48 495.12-1.05 13.18 484.10 North Gower -0.55 13.68 502.47-0.80 13.43 493.28 Huron FOB -0.35 13.88 509.82-1.05 13.18 484.10 Kent FOB -0.52 13.71 503.57-1.11 13.12 481.89 Lambton FOB -0.52 13.71 503.57-1.11 13.12 481.89 Middlesex FOB-0.19 N/A N/A N/A 14.04 515.70-1.00 13.23 485.94 PROCESSORS Hamilton 0.20 N/A N/A -0.62 14.43 530.03-0.57 13.66 501.74 Windsor -0.22 N/A N/A -0.51 14.01 514.60-0.82 13.41 492.55 Winchester -0.55 13.68 502.47-1.10 13.13 482.26 TRANSFER Hamilton -0.10 N/A N/A N/A 14.13 519.00-0.70 13.53 496.96 Pt. Stanley -0.15 14.08 517.17-1.18 13.05 479.32 Sarnia -0.50 13.73 504.31-0.64 13.59 499.16 Owen Sound N/A N/A Sorel QC -0.50 13.73 504.31-0.50 13.73 504.31 Toledo El. -0.42 13.81 507.35-0.42 13.81 507.30 Bank of Canada Noon exchange rate was 0.991 up 0.0095 Chicago wheat closed moderately lower. DEC11 HI 7.70 3/4 JUL12 HI 8.20 LOW 7.50 LOW 8.00 3/4 CLOSE 7.60 Down 15 1/2 CLOSE 8.11 1/4 Down 11 1/2 Minni wheat closed moderately lower. DEC11 HI 9.39 3/4 SEP12 HI 9.04 LOW 9.25 LOW 8.97 1/4 CLOSE 9.31 3/4 Down 11 CLOSE 8.98 3/4 Down 13 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.60 0.29 -0.70 -0.16 CAD $/bu 7.00 7.89 6.90 9.15 CAD $/tonne 257.24 290.08 253.59 336.33 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 -1.00 N/A N/A -0.70 -1.30 N/A London -0.77 -0.23 -0.97 N/A N/A -0.43 -1.27 N/A Hensall -0.85 N/A -1.00 N/A -0.50 N/A -1.30 N/A Trenton N/A N/A -1.00 N/A N/A N/A -1.50 N/A Winchester N/A N/A N/A -1.00 N/A N/A N/A N/A Essex N/A N/A -1.01 N/A N/A N/A -1.53 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 -0.21 -0.90 N/A N/A -0.66 -1.30 N/A Brigden N/A -0.21 -0.90 N/A N/A -0.66 -1.30 N/A Palmerston N/A -0.02 -0.85 -0.34 N/A -0.22 -1.11 -0.40 Varna -0.90 -0.20 -1.00 N/A -0.50 -0.30 -1.30 N/A Mitchell -0.85 -0.25 -1.00 N/A -0.50 -0.35 -1.30 N/A Thornton N/A N/A N/A -0.76 N/A N/A N/A N/A North Gower N/A N/A N/A -0.50 N/A N/A N/A N/A TERMINAL Sarnia -0.57 0.18 -0.62 N/A -0.37 -0.11 -1.01 N/A Hamilton N/A N/A -0.55 N/A N/A N/A -0.55 N/A Pt. Stanley N/A N/A -1.00 N/A N/A N/A -1.00 N/A PROCESSORS Toledo FM N/A 0.44 -0.45N/A 0.07N/A -0.23N/A Toledo El. 7.27US 7.22CA 7.83US 7.80CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.43 0.17 -0.83 -0.43 CAD $/bu 7.68 8.28 7.29 8.56 CAD $/tonne 282.37 304.34 267.72 314.40 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 295.00 - 300.00 Bayport Oats 320.00 Bayport Barley 275.00 FOB Hm Soymeal 424.73 - 425.83 DDG's FOB Srn, Wndr, Aylm 210.00 - 223.00