FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, September 27 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0191 down 0.0148 Chicago corn closed slightly higher. DEC11 HI 6.66 1/4 DEC11 HI 6.66 1/4 LOW 6.46 LOW 6.46 CLOSE6.52 1/4 Up 4 1/4 CLOSE 6.52 1/4 Up 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 0.15 6.67 262.68 -0.45 6.07 239.06 CK High 0.15 6.67 262.68 -0.40 6.12 241.03 CK Avg 0.15 0.01 6.67 262.68 -0.44 -0.58 6.08 239.46 Essex Cty N/A N/A Mdsx Low 0.15 6.67 262.68 -0.45 6.07 239.06 Mdsx High 0.15 6.67 262.68 -0.45 6.07 239.06 Mdsx Avg 0.15 0.01 6.67 262.68 -0.45 -0.59 6.07 239.06 Hensall 0.13 6.65 261.70 -0.43 6.10 240.05 Bruce 0.15 6.67 262.68 -0.45 6.07 239.06 Putnam 0.15 6.67 262.68 -0.45 6.07 239.06 Princeton N/A N/A Durham 0.15 6.67 262.68 -0.50 6.02 237.10 Norfolk 0.15 6.67 262.68 -0.40 6.12 241.03 Palmerston N/A -0.45 6.07 239.06 Varna 0.05 6.57 258.75 -0.45 6.07 239.06 Trenton 0.15 6.67 262.68 -0.40 6.12 241.03 Winchester 0.15 6.67 262.68 -0.35 6.17 243.00 North Gower N/A -0.40 6.12 241.03 Huron FOB 0.05 6.57 258.75 -0.45 6.07 239.06 Kent FOB 0.15 6.67 262.68 -0.40 6.12 241.03 Lamb FOB 0.15 6.67 262.68 -0.40 6.12 241.03 Mdsx FOB 0.15N/A N/A N/A 6.67 262.68 -0.45 6.07 239.06 FOB SW Que N/A -0.25 6.27 246.94 Track 0.65 7.17 282.37N/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 0.50 -0.25 -0.25 -0.25 6.27 246.94 Sarn-Eth N/A -0.10 -0.30 -0.20 -0.10 6.42 252.84 Cllngwd-Eth N/A N/A N/A N/A -0.20* 6.32 248.91 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 6.07 239.06 W O Feed 0.70 0.68 7.22 284.34 US Rep 0.70 0.68 7.22 284.34 Toledo El. 0.07 6.59 259.60 -0.24 6.28 247.14 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.39 6.13241 3/7 Hamilton N/A -0.35 6.17243 MID SD CRN -0.42 1/2 6.09 3/4 HI SD CRN -0.40 6.12 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0191 down 0.0148 Chicago soybeans closed slightly higher. NOV11 HI 12.78 3/4 NOV12 HI 12.70 1/4 LOW 12.59 LOW 12.53 CLOSE12.63 Up 3 1/4 CLOSE 12.61 1/2 Up 10 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN12 CK Low -0.86 11.77 432.47-0.91 11.71 430.09 CK High -0.80 11.83 434.68-0.80 11.82 434.13 CK Average -0.81 -1.0911.82 434.24-0.85-1.1111.77 432.36 Essex Cty N/A N/A Mdsx Low -0.90 11.73 431.00-1.00 11.62 426.78 Mdsx High -0.75 11.88 436.52-0.80 11.82 434.13 Mdsx Average -0.83 -1.1011.81 433.76-0.90-1.1611.72 430.45 Hensall -0.80 11.83 434.68-0.83 11.79 433.21 Bruce -0.80 11.83 434.68-0.85 11.77 432.29 Putnam -0.75 11.88 436.52 N/A Princeton N/A N/A Durham -0.91 11.72 430.64-1.01 11.61 426.41 Norfolk -0.75 11.88 436.52-0.85 11.77 432.29 Palmerston -0.80 11.83 434.68-0.80 11.82 434.13 Varna -0.80 11.83 434.68-0.80 11.82 434.13 Trenton -1.05 11.58 425.49-1.10 11.52 423.10 Winchester -1.00 11.63 427.33-1.04 11.58 425.31 North Gower -0.40 12.23 449.38-0.55 12.07 443.31 Huron FOB -0.70 11.93 438.35-0.75 11.87 435.96 Kent FOB -0.80 11.83 434.68-0.91 11.71 430.09 Lambton FOB -0.80 11.83 434.68-0.91 11.71 430.09 Middlesex FOB-0.66-0.66-0.66-0.84 11.97 439.82-0.60 12.02 441.48 PROCESSORS Hamilton -0.12-0.12-0.120.04 12.51 459.66-0.12 12.50 459.11 Windsor -0.10-0.46-0.29-0.20 12.53 460.40-0.45 12.17 446.99 Winchester -0.97 11.66 428.43 N/A TRANSFER Hamilton -0.25 N/A N/A N/A 12.38 454.89-0.15 12.47 458.01 Pt. Stanley -0.70 11.93 438.35-0.60 12.02 441.48 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.12 12.51 459.66-0.20 12.42 456.17 Toledo El. -0.57 12.06 443.04-0.59 12.02 441.77 Bank of Canada Noon exchange rate was 1.0191 down 0.0148 Chicago wheat closed slightly higher. DEC11 HI 6.70 JUL12 HI 7.22 LOW 6.50 1/4 LOW 7.04 3/4 CLOSE 6.58 1/4 Up 10 CLOSE 7.12 Up 7 3/4 Minni wheat closed narrowly mixed. DEC11 HI 8.84 3/4 SEP12 HI 8.26 1/2 LOW 8.66 1/2 LOW 8.10 CLOSE 8.69 1/4 Down 3/4 CLOSE 8.15 3/4 Up 2 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.37 0.50 -0.37 0.09 CAD $/bu 6.22 7.08 6.22 8.78 CAD $/tonne 228.40 260.32 228.40 322.66 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 -0.70 N/A N/A -0.25 -1.00 N/A London -0.73 -0.01 -0.78 N/A N/A -0.19 -1.06 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 -0.84 N/A N/A N/A -1.11 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 0.00 -0.70 N/A N/A -0.26 -0.94 N/A Brigden N/A 0.00 -0.70 N/A N/A -0.26 -0.94 N/A Palmerston N/A 0.23 -0.36 -0.04 N/A 0.03 -0.88 -0.40 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 -0.90 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 0.66 0.14N/A 0.25N/A -0.06N/A Toledo El. 6.30US 6.44CA 6.84US 6.98CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.26 0.35 -0.67 -0.24 CAD $/bu 6.86 7.47 6.45 7.92 CAD $/tonne 252.03 274.54 237.03 290.95 (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 300.00 Bayport Barley 280.00 FOB Hm Soymeal 390.89 DDG's FOB Srn, Wndr, Aylm 220.00 - 270.00