FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, September 26 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0339 up 0.0057 Chicago corn closed moderately higher. DEC11 HI 6.53 1/4 DEC11 HI 6.53 1/4 LOW 6.30 LOW 6.30 CLOSE6.48 Up 9 1/2 CLOSE 6.48 Up 9 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 6.63 261.01 -0.45 6.03 237.39 CK High 0.15 6.63 261.01 -0.40 6.08 239.36 CK Avg 0.15 -0.06 6.63 261.01 -0.42 -0.67 6.06 238.57 Essex Cty N/A N/A Mdsx Low 0.15 6.63 261.01 -0.45 6.03 237.39 Mdsx High 0.15 6.63 261.01 -0.40 6.08 239.36 Mdsx Avg 0.15 -0.06 6.63 261.01 -0.43 -0.67 6.06 238.37 Hensall 0.10 6.58 259.04 -0.43 6.06 238.37 Bruce 0.15 6.63 261.01 -0.45 6.03 237.39 Putnam 0.15 6.63 261.01 -0.45 6.03 237.39 Princeton N/A N/A Durham 0.15 6.63 261.01 -0.45 6.03 237.39 Norfolk 0.15 6.63 261.01 -0.45 6.03 237.39 Palmerston N/A -0.45 6.03 237.39 Varna 0.05 6.53 257.07 -0.45 6.03 237.39 Trenton 0.15 6.63 261.01 -0.40 6.08 239.36 Winchester 0.15 6.63 261.01 -0.35 6.13 241.33 North Gower N/A -0.40 6.08 239.36 Huron FOB 0.00 6.48 255.11 -0.45 6.03 237.39 Kent FOB 0.15 6.63 261.01 -0.40 6.08 239.36 Lamb FOB 0.15 6.63 261.01 -0.40 6.08 239.36 Mdsx FOB 0.15 -0.40N/A -0.40 6.63 261.01 -0.40 6.08 239.36 FOB SW Que N/A -0.25 6.23 245.26 Track 0.65 7.13 280.70N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A -0.45 N/A Aylmer-Eth N/A 0.20 -0.25 -0.25 -0.25 6.23 245.26 Sarn-Eth N/A 0.00 0.00 0.00 0.00 6.48 255.11 Cllngwd-Eth N/A N/A N/A N/A -0.20* 6.28 247.23 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 -0.45 6.03 237.39 W O Feed 0.62 0.58 7.10 279.51 US Rep 0.75 0.71 7.23 284.63 Toledo El. 0.07 6.55 257.95 -0.25 6.23 245.29 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.39 6.09239 3/4 Hamilton N/A -0.35 6.13241 1/3 MID SD CRN -0.42 1/2 6.05 1/2 HI SD CRN -0.40 6.08 *Wet Bid Bank of Canada Noon exchange rate was 1.0339 up 0.0057 Chicago soybeans closed narrowly mixed. NOV11 HI 12.67 1/4 NOV12 HI 12.59 3/4 LOW 12.26 LOW 12.28 1/4 CLOSE12.59 3/4 Up 1 3/4 CLOSE 12.51 1/4 Down 2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN12 CK Low -0.77 11.83 434.59-0.85 11.66 428.52 CK High -0.70 11.90 437.16-0.70 11.81 434.04 CK Average -0.74 -1.1511.85 435.54-0.78-1.2611.73 430.95 Essex Cty N/A N/A Mdsx Low -0.80 11.80 433.48-0.93 11.58 425.58 Mdsx High -0.70 11.90 437.16-0.75 11.76 432.20 Mdsx Average -0.75 -1.1611.85 435.32-0.84-1.3211.67 428.89 Hensall -0.75 11.85 435.32-0.78 11.74 431.28 Bruce -0.75 11.85 435.32-0.80 11.71 430.36 Putnam -0.70 11.90 437.16 N/A Princeton N/A N/A Durham -0.81 11.79 433.12-0.94 11.57 425.22 Norfolk -0.70 11.90 437.16-0.79 11.72 430.73 Palmerston -0.80 11.80 433.48-0.80 11.71 430.36 Varna -0.80 11.80 433.48-0.80 11.71 430.36 Trenton -1.00 11.60 426.14-1.00 11.51 423.01 Winchester -0.87 11.73 430.91-0.87 11.64 427.79 North Gower -0.40 12.20 448.18-0.55 11.96 439.55 Huron FOB -0.65 11.95 439.00-0.70 11.81 434.04 Kent FOB -0.75 11.85 435.32-0.85 11.66 428.52 Lambton FOB -0.75 11.85 435.32-0.85 11.66 428.52 Middlesex FOB-0.61-0.61-0.61-0.40 11.99 440.47-0.77 11.74 431.46 PROCESSORS Hamilton -0.12-0.12-0.120.04 12.48 458.47-0.12 12.39 455.35 Windsor 0.07 -0.29-0.11-0.02 12.67 465.45-0.29 12.22 449.10 Winchester -0.97 11.63 427.24 N/A TRANSFER Hamilton -0.25 N/A N/A N/A 12.35 453.69-0.15 12.36 454.24 Pt. Stanley -0.70 11.90 437.16-0.60 11.91 437.71 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.12 12.48 458.47-0.20 12.31 452.41 Toledo El. -0.58 12.02 441.63-0.60 11.91 437.63 Bank of Canada Noon exchange rate was 1.0339 up 0.0057 Chicago wheat closed slightly higher. DEC11 HI 6.55 3/4 JUL12 HI 7.10 1/4 LOW 6.24 1/4 LOW 6.83 CLOSE 6.48 1/4 Up 7 1/2 CLOSE 7.04 1/4 Up 6 1/4 Minni wheat closed slightly to moderately higher. DEC11 HI 8.90 SEP12 HI 8.19 1/4 LOW 8.41 1/4 LOW 7.96 1/4 CLOSE 8.70 Up 19 CLOSE 8.13 1/2 Up 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 -0.31 0.57 -0.31 0.18 CAD $/bu 6.18 7.05 6.18 8.88 CAD $/tonne 226.97 259.22 226.97 326.27 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 0.02 -0.75 N/A N/A -0.25 -1.05 N/A London -0.67 0.05 -0.72 N/A N/A -0.14 -1.02 N/A Hensall -0.85 N/A -0.70 N/A -0.50 N/A -1.00 N/A Trenton N/A N/A -0.55 N/A N/A N/A -1.00 N/A Winchester N/A N/A N/A -1.00 N/A N/A N/A N/A Essex N/A N/A -0.76 N/A N/A N/A -1.03 N/A Norwich -0.75 N/A -0.70 N/A -0.50 N/A -1.00 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 -0.70 N/A -0.50 N/A -1.00 N/A Chatham N/A 0.04 -0.68 N/A N/A -0.22 -1.02 N/A Brigden N/A 0.04 -0.68 N/A N/A -0.22 -1.02 N/A Palmerston N/A 0.31 -0.56 0.06 N/A 0.12 -0.81 -0.16 Varna -0.65 0.15 -0.65 N/A -0.45 0.05 -0.95 N/A Mitchell -0.85 -0.05 -0.70 N/A -0.50 -0.20 -1.00 N/A Thornton N/A N/A N/A -0.94 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 N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.25 N/A N/A N/A -0.45 N/A Pt. Stanley N/A N/A -0.75 N/A N/A N/A -0.90 N/A PROCESSORS Toledo FM N/A 0.73 0.21N/A 0.37N/A 0.06N/A Toledo El. 6.20US 6.40CA 6.76US 7.02CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.14 0.48 -0.56 -0.10 CAD $/bu 6.90 7.52 6.48 8.03 CAD $/tonne 253.45 276.34 238.19 295.13 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 295.00 - 315.00 Bayport Oats 310.00 Bayport Barley 280.00 FOB Hm Soymeal 372.81 - 390.45 DDG's FOB Srn, Wndr, Aylm 220.00 - 270.00