FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, September 14 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9913 up 0.0011 Chicago corn closed slightly higher. DEC11 HI 7.28 1/2 DEC11 HI 7.28 1/2 LOW 7.16 1/2 LOW 7.16 1/2 CLOSE7.24 1/4 Up 1 1/4 CLOSE 7.24 1/4 Up 1 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 0.15 7.39 291.03 -0.55 6.69 263.47 CK High 0.25 7.49 294.97 -0.50 6.74 265.44 CK Avg 0.19 0.25 7.43 292.67 -0.53 -0.49 6.72 264.46 Essex Cty 0.20 7.44 293.00 -0.55 6.69 263.47 Mdsx Low 0.15 7.39 291.03 -0.55 6.69 263.47 Mdsx High 0.20 7.44 293.00 -0.55 6.69 263.47 Mdsx Avg 0.18 0.25 7.43 292.34 -0.55 -0.52 6.69 263.47 Hensall 0.20 7.44 293.00 -0.53 6.72 264.46 Bruce 0.20 7.44 293.00 -0.50 6.74 265.44 Putnam 0.20 7.44 293.00 -0.50 6.74 265.44 Princeton 0.20 7.44 293.00 -0.55 6.69 263.47 Durham 0.15 7.39 291.03 -0.60 6.64 261.50 Norfolk 0.25 7.49 294.97 -0.50 6.74 265.44 Palmerston N/A -0.50 6.74 265.44 Varna 0.15 7.39 291.03 -0.50 6.74 265.44 Trenton 0.20 7.44 293.00 -0.50 6.74 265.44 Winchester 0.25 7.49 294.97 -0.50 6.74 265.44 North Gower 0.30 7.54 296.94 -0.50 6.74 265.44 Huron FOB 0.20 7.44 293.00 -0.50 6.74 265.44 Kent FOB 0.25 7.49 294.97 -0.50 6.74 265.44 Lamb FOB 0.25 7.49 294.97 -0.50 6.74 265.44 Mdsx FOB 0.15N/A N/A -0.55 7.39 291.03 -0.55 6.69 263.47 FOB SW Que 0.70 7.94 312.68 -0.50 6.74 265.44 Track 0.58 7.82 307.76N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth 0.55 0.75 -0.45 -0.60 7.79 306.78 -0.45 6.79 267.41 Aylmer-Eth 0.00 0.05 -0.40 -0.40 7.24 285.12 -0.40 6.84 269.38 Sarn-Eth N/A N/A N/A -0.30 -0.30 6.94 273.31 Cllngwd-Eth N/A N/A N/A N/A -0.20* 7.04 277.25 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 7.85 309.14 US Rep 0.75 0.76 7.99 314.65 Toledo El. 0.07 7.31 287.86 -0.24 7.00 275.72 TRANSFER Sarnia 0.20 7.44 293.00 -0.55 6.69263 1/2 Pt. Stanley N/A -0.60 6.64261 1/2 Hamilton N/A -0.50 6.74265 4/9 MID SD CRN -0.52 1/2 6.71 3/4 HI SD CRN -0.50 6.74 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9913 up 0.0011 Chicago soybeans closed slightly lower. NOV11 HI 13.96 1/2 NOV11 HI 13.96 1/2 LOW 13.77 1/4 LOW 13.77 1/4 CLOSE13.82 3/4 Down 9 CLOSE 13.82 3/4 Down 9 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN12 CK Low -1.13 12.70 466.55-1.18 12.65 464.72 CK High -0.80 13.03 478.68-1.10 12.73 467.66 CK Average -1.06 -0.9312.77 469.31-1.12-1.0612.71 466.86 Essex Cty -1.06 12.77 469.13-1.06 12.77 469.13 Mdsx Low -1.16 12.67 465.45-1.16 12.67 465.45 Mdsx High -1.10 12.73 467.66-1.10 12.73 467.66 Mdsx Average -1.12 -1.0012.71 466.92-1.12-1.0612.71 466.92 Hensall -1.10 12.73 467.66-1.10 12.73 467.66 Bruce -1.10 12.73 467.66-1.10 12.73 467.66 Putnam -1.10 12.73 467.66-1.10 12.73 467.66 Princeton -1.05 12.78 469.49-1.05 12.78 469.49 Durham -1.16 12.67 465.45-1.16 12.67 465.45 Norfolk -1.07 12.76 468.76-1.07 12.76 468.76 Palmerston N/A -1.15 12.68 465.82 Varna N/A -1.10 12.73 467.66 Trenton N/A -1.20 12.63 463.98 Winchester -1.10 12.73 467.66-1.10 12.73 467.66 North Gower N/A -0.95 12.88 473.17 Huron FOB -0.95 12.88 473.17-0.95 12.88 473.17 Kent FOB -1.12 12.71 466.92-1.12 12.71 466.92 Lambton FOB -1.12 12.71 466.92-1.12 12.71 466.92 Middlesex FOB-0.93 N/A N/A N/A 12.90 473.90-1.02 12.81 470.60 PROCESSORS Hamilton -0.65-0.65-0.65-0.50 13.18 484.19-0.65 13.18 484.19 Windsor -0.27-0.81-0.64-0.51 13.56 498.15-0.81 13.02 478.31 Winchester -1.10 12.73 467.66-1.10 12.73 467.66 TRANSFER Hamilton N/A N/A N/A N/A -0.70 13.13 482.35 Pt. Stanley N/A -1.10 12.73 467.66 Sarnia -0.72 13.11 481.62-0.72 13.11 481.62 Owen Sound N/A N/A Sorel QC -0.50 13.33 489.70-0.50 13.33 489.70 Toledo El. -0.48 13.35 490.59-0.48 13.35 490.52 Bank of Canada Noon exchange rate was 0.9913 up 0.0011 Chicago wheat closed narrowly mixed. DEC11 HI 7.12 3/4 JUL12 HI 7.69 LOW 6.98 LOW 7.59 CLOSE 7.04 1/2 Up 2 1/2 CLOSE 7.61 3/4 Down 1 1/4 Minni wheat closed mixed. DEC11 HI 8.80 1/4 SEP12 HI 8.51 3/4 LOW 8.63 1/4 LOW 8.43 1/4 CLOSE 8.64 3/4 Down 12 CLOSE 8.47 Up 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.61 0.29 -0.61 -0.17 CAD $/bu 6.44 7.33 6.44 8.47 CAD $/tonne 236.57 269.35 236.57 311.33 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 -0.20 -0.95 N/A N/A -0.45 -1.20 N/A London -0.87 -0.22 -0.96 N/A N/A -0.43 -1.27 N/A Hensall -0.85 N/A -0.95 N/A -0.50 N/A -1.25 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 -0.91 N/A N/A N/A -1.24 N/A Norwich -0.75 N/A -0.95 N/A -0.50 N/A -1.25 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 -0.95 N/A -0.50 N/A -1.25 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 -0.80 -0.33 N/A -0.21 -1.20 -0.40 Varna -0.90 -0.20 -0.80 N/A -0.50 -0.30 -1.20 N/A Mitchell -0.85 -0.10 -0.80 N/A -0.50 -0.20 -1.10 N/A Thornton N/A N/A N/A -0.63 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 -0.53 0.12 -0.63 N/A -0.36 -0.06 -0.95 N/A Hamilton N/A N/A -0.55 N/A N/A N/A -0.65 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 0.43 -0.31N/A 0.07N/A -0.23N/A Toledo El. 6.72US 6.66CA 7.34US 7.30CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.43 0.16 -0.83 -0.44 CAD $/bu 7.19 7.78 6.79 8.03 CAD $/tonne 264.01 285.96 249.38 295.19 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 305.00 - 315.00 Bayport Oats 320.00 Bayport Barley 280.00 FOB Hm Soymeal 414.26 DDG's FOB Srn, Wndr, Aylm 220.00 - 255.00