FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, September 13 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9902 down 0.0055 Chicago corn closed sharply lower. DEC11 HI 7.49 1/4 DEC11 HI 7.49 1/4 LOW 7.16 3/4 LOW 7.16 3/4 CLOSE7.23 Down 22 1/2 CLOSE 7.23 Down 22 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC11+DEC11+MAR12 CK Low 0.15 7.38 290.54 -0.55 6.68 262.98 CK High 0.25 7.48 294.47 -0.50 6.73 264.95 CK Avg 0.22 0.29 7.45 293.16 -0.52 -0.45 6.71 264.29 Essex Cty 0.20 7.43 292.51 -0.55 6.68 262.98 Mdsx Low 0.15 7.38 290.54 -0.55 6.68 262.98 Mdsx High 0.25 7.48 294.47 -0.50 6.73 264.95 Mdsx Avg 0.20 0.27 7.43 292.51 -0.53 -0.46 6.70 263.64 Hensall 0.23 7.46 293.49 -0.50 6.73 264.95 Bruce 0.25 7.48 294.47 -0.50 6.73 264.95 Putnam 0.25 7.48 294.47 -0.50 6.73 264.95 Princeton 0.20 7.43 292.51 -0.55 6.68 262.98 Durham 0.15 7.38 290.54 -0.60 6.63 261.01 Norfolk 0.25 7.48 294.47 -0.50 6.73 264.95 Palmerston N/A -0.50 6.73 264.95 Varna 0.15 7.38 290.54 -0.50 6.73 264.95 Trenton 0.20 7.43 292.51 -0.50 6.73 264.95 Winchester 0.40 7.63 300.38 -0.30 6.93 272.82 North Gower N/A -0.30 6.93 272.82 Huron FOB 0.20 7.43 292.51 -0.50 6.73 264.95 Kent FOB 0.25 7.48 294.47 -0.50 6.73 264.95 Lamb FOB 0.25 7.48 294.47 -0.50 6.73 264.95 Mdsx FOB 0.15N/A N/A -0.55 7.38 290.54 -0.55 6.68 262.98 FOB SW Que 0.70 7.93 312.19 -0.50 6.73 264.95 Track 0.60 7.83 308.25N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth 0.55 0.75 -0.45 -0.60 7.78 306.29 -0.45 6.78 266.92 Aylmer-Eth 0.00 0.05 -0.40 -0.40 7.23 284.63 -0.40 6.83 268.89 Sarn-Eth N/A N/A N/A -0.30 -0.30 6.93 272.82 Cllngwd-Eth N/A N/A N/A N/A -0.20* 7.03 276.76 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 -0.70 N/A W O Feed 0.61 0.62 7.84 308.65 US Rep 0.75 0.76 7.98 314.16 Toledo El. 0.07 7.30 287.36 -0.24 6.99 275.28 TRANSFER Sarnia 0.20 7.43 292.51 -0.55 6.68263 Pt. Stanley N/A -0.55 6.68263 Hamilton N/A -0.45 6.78267 MID SD CRN -0.52 1/2 6.70 1/2 HI SD CRN -0.50 6.73 *Wet Bid Bank of Canada Noon exchange rate was 0.9902 down 0.0055 Chicago soybeans closed slightly lower. NOV11 HI 14.02 NOV11 HI 14.02 LOW 13.82 LOW 13.82 CLOSE13.91 3/4 Down 4 1/4 CLOSE 13.91 3/4 Down 4 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN12 CK Low -1.15 12.77 469.13-1.15 12.77 469.13 CK High -0.75 13.17 483.82-1.10 12.82 470.96 CK Average -1.06 -0.9212.86 472.55-1.12-0.9812.80 470.41 Essex Cty -1.15 12.77 469.13-1.15 12.77 469.13 Mdsx Low -1.18 12.74 468.02-1.18 12.74 468.02 Mdsx High -1.10 12.82 470.96-1.10 12.82 470.96 Mdsx Average -1.14 -1.0012.77 469.37-1.14-1.0112.77 469.37 Hensall -1.10 12.82 470.96-1.10 12.82 470.96 Bruce -1.10 12.82 470.96-1.10 12.82 470.96 Putnam -1.00 12.92 474.64-1.00 12.92 474.64 Princeton -1.06 12.86 472.43-1.06 12.86 472.43 Durham -1.15 12.77 469.13-1.15 12.77 469.13 Norfolk -1.07 12.85 472.06-1.17 12.75 468.39 Palmerston -1.15 12.77 469.13-1.15 12.77 469.13 Varna -0.70 13.22 485.66-1.38 12.54 460.67 Trenton N/A -1.20 12.72 467.29 Winchester -1.20 12.72 467.29-1.20 12.72 467.29 North Gower N/A -0.90 13.02 478.31 Huron FOB N/A N/A Kent FOB -1.12 12.80 470.23-1.12 12.80 470.23 Lambton FOB -1.12 12.80 470.23-1.12 12.80 470.23 Middlesex FOB-0.92 N/A N/A N/A 13.00 477.58-1.01 12.91 474.27 PROCESSORS Hamilton -0.70-0.70-0.60-0.55 13.22 485.66-0.70 13.22 485.66 Windsor -0.29-0.83-0.66-0.53 13.63 500.72-0.83 13.09 480.88 Winchester -1.01 12.91 474.27-1.01 12.91 474.27 TRANSFER Hamilton N/A N/A N/A N/A -0.65 13.27 487.50 Pt. Stanley -1.05 12.87 472.80-1.11 12.81 470.60 Sarnia -0.71 13.21 485.29-0.71 13.21 485.29 Owen Sound N/A N/A Sorel QC -0.50 13.42 493.01-0.50 13.42 493.01 Toledo El. -0.40 13.52 496.83-0.40 13.52 496.83 Bank of Canada Noon exchange rate was 0.9902 down 0.0055 Chicago wheat closed lower. DEC11 HI 7.32 JUL12 HI 7.89 LOW 6.96 LOW 7.57 1/2 CLOSE 7.02 Down 25 1/4 CLOSE 7.63 Down 23 1/2 Minni wheat closed lower. DEC11 HI 9.05 SEP12 HI 8.72 LOW 8.75 1/4 LOW 8.45 3/4 CLOSE 8.76 3/4 Down 24 3/4 CLOSE 8.46 3/4 Down 24 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.61 0.28 -0.61 -0.19 CAD $/bu 6.41 7.30 6.41 8.58 CAD $/tonne 235.35 268.09 235.35 315.29 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 -0.20 -0.95 N/A N/A -0.45 -1.20 N/A London -0.86 -0.21 -0.90 N/A N/A -0.42 -1.26 N/A Hensall -0.85 N/A -0.90 N/A -0.50 N/A -1.20 N/A Trenton N/A N/A -1.25 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 -0.92 N/A N/A N/A -1.24 N/A Norwich -0.75 N/A -0.90 N/A -0.50 N/A -1.20 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 -0.90 N/A -0.50 N/A -1.20 N/A Chatham N/A -0.17 -0.91 N/A N/A -0.44 -1.26 N/A Brigden N/A -0.17 -0.91 N/A N/A -0.44 -1.26 N/A Palmerston N/A 0.01 -0.84 -0.33 N/A -0.21 -1.10 -0.40 Varna -0.90 -0.20 -0.80 N/A -0.50 -0.30 -1.20 N/A Mitchell -0.85 -0.20 -0.80 N/A -0.50 -0.35 -1.20 N/A Thornton N/A N/A N/A -0.78 N/A N/A N/A N/A North Gower N/A N/A N/A -0.35 N/A N/A N/A N/A TERMINAL Sarnia -0.61 0.13 -0.66 N/A -0.40 -0.20 -1.04 N/A Hamilton N/A N/A -0.53 N/A N/A N/A -0.74 N/A Pt. Stanley N/A N/A -0.98 N/A N/A N/A -0.84 N/A PROCESSORS Toledo FM N/A 0.42 -0.32N/A 0.02N/A -0.27N/A Toledo El. 6.69US 6.62CA 7.35US 7.28CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.47 0.12 -0.87 -0.48 CAD $/bu 7.16 7.75 6.76 7.99 CAD $/tonne 263.03 284.85 248.47 293.49 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 300.00 - 315.00 Bayport Oats 320.00 Bayport Barley 275.00 FOB Hm Soymeal 413.37 DDG's FOB Srn, Wndr, Aylm 220.00 - 250.00