FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, September 28 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0225 up 0.0034 Chicago corn closed lower. DEC11 HI 6.50 3/4 DEC11 HI 6.50 3/4 LOW 6.28 3/4 LOW 6.28 3/4 CLOSE6.30 3/4 Down 21 1/2 CLOSE 6.30 3/4 Down 21 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 6.46 254.22 -0.45 5.86 230.60 CK High 0.35 6.66 262.09 -0.40 5.91 232.57 CK Avg 0.23 0.01 6.54 257.37 -0.42 -0.66 5.89 231.78 Essex Cty N/A N/A Mdsx Low 0.15 6.46 254.22 -0.45 5.86 230.60 Mdsx High 0.25 6.56 258.16 -0.40 5.91 232.57 Mdsx Avg 0.20 -0.02 6.51 256.19 -0.43 -0.67 5.88 231.58 Hensall 0.25 6.56 258.16 -0.40 5.91 232.57 Bruce 0.25 6.56 258.16 -0.40 5.91 232.57 Putnam 0.25 6.56 258.16 -0.40 5.91 232.57 Princeton N/A N/A Durham 0.15 6.46 254.22 -0.50 5.81 228.63 Norfolk 0.35 6.66 262.09 -0.40 5.91 232.57 Palmerston N/A -0.40 5.91 232.57 Varna 0.05 6.36 250.28 -0.45 5.86 230.60 Trenton 0.15 6.46 254.22 -0.40 5.91 232.57 Winchester 0.15 6.46 254.22 -0.35 5.96 234.54 North Gower 0.60 6.91 271.94 -0.50 5.81 228.63 Huron FOB 0.45 6.76 266.03 -0.45 5.86 230.60 Kent FOB 0.35 6.66 262.09 -0.40 5.91 232.57 Lamb FOB 0.35 6.66 262.09 -0.40 5.91 232.57 Mdsx FOB 0.15 -0.45 -0.45 -0.40 6.46 254.22 -0.45 5.86 230.60 FOB SW Que N/A -0.25 6.06 238.47 Track 0.70 7.01 275.87N/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 6.06 238.47 Sarn-Eth N/A -0.10 -0.30 -0.20 -0.10 6.21 244.38 Cllngwd-Eth 0.50N/A N/A N/A 6.81 268.00-0.20* 6.11 240.44 London-Cas N/A N/A N/A -0.40 N/A Pt.Colb-Cas N/A -0.35N/A -0.45 -0.35 5.96 234.54 Cardnl-Cas N/A -0.35N/A -0.70 -0.35 5.96 234.54 W O Feed 0.80 0.78 7.11 279.81 US Rep 0.70 0.68 7.01 275.87 Toledo El. 0.07 6.38 251.17 -0.19 6.12 240.96 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.39 5.92233 Hamilton N/A -0.35 5.96234 1/2 MID SD CRN -0.42 1/2 5.88 1/4 HI SD CRN -0.40 5.90 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0225 up 0.0034 Chicago soybeans closed lower. NOV11 HI 12.61 1/4 NOV12 HI 12.59 3/4 LOW 12.21 1/2 LOW 12.29 1/2 CLOSE12.23 1/2 Down 39 1/2 CLOSE 12.31 1/2 Down 30 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN12 CK Low -0.82 11.42 419.43-0.85 11.47 421.27 CK High -0.80 11.44 420.16-0.80 11.52 423.10 CK Average -0.80 -1.2311.43 420.02-0.83-1.3011.49 422.15 Essex Cty N/A N/A Mdsx Low -0.86 11.38 417.96-0.98 11.34 416.49 Mdsx High -0.75 11.49 422.00-0.80 11.52 423.10 Mdsx Average -0.81 -1.2311.43 419.98-0.89-1.3611.43 419.80 Hensall -0.78 11.46 421.08-0.80 11.52 423.10 Bruce -0.80 11.44 420.16-0.85 11.47 421.27 Putnam -0.75 11.49 422.00 N/A Princeton N/A N/A Durham -0.87 11.37 417.59-0.99 11.33 416.12 Norfolk -0.75 11.49 422.00-0.75 11.57 424.94 Palmerston -0.80 11.44 420.16-0.80 11.52 423.10 Varna -0.80 11.44 420.16-0.80 11.52 423.10 Trenton -1.05 11.19 410.98-1.10 11.22 412.08 Winchester -1.00 11.24 412.82-1.04 11.28 414.29 North Gower -0.70 11.54 423.84-0.85 11.47 421.27 Huron FOB -0.60 11.64 427.51-0.70 11.62 426.78 Kent FOB -0.80 11.44 420.16-0.81 11.51 422.74 Lambton FOB -0.80 11.44 420.16-0.81 11.51 422.74 Middlesex FOB-0.62-0.62-0.62 N/A 11.62 426.78-0.82 11.50 422.37 PROCESSORS Hamilton 0.30 -0.25-0.25-0.10 12.54 460.58-0.25 12.07 443.31 Windsor 0.01 -0.37-0.18-0.09 12.25 449.93-0.35 11.97 439.64 Winchester -0.94 11.30 415.02 N/A TRANSFER Hamilton -0.25 N/A N/A N/A 11.99 440.37-0.15 12.17 446.99 Pt. Stanley -0.70 11.54 423.84-0.60 11.72 430.45 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.12 12.12 445.15-0.20 12.12 445.15 Toledo El. -0.58 11.66 428.26-0.60 11.71 430.37 Bank of Canada Noon exchange rate was 1.0225 up 0.0034 Chicago wheat closed moderately lower to lower. DEC11 HI 6.57 1/2 JUL12 HI 7.09 1/2 LOW 6.35 LOW 6.89 3/4 CLOSE 6.38 3/4 Down 19 1/2 CLOSE 6.91 3/4 Down 20 1/4 Minni wheat closed slightly to moderately lower. DEC11 HI 8.71 1/2 SEP12 HI 8.11 1/4 LOW 8.50 LOW 7.98 CLOSE 8.61 1/4 Down 8 CLOSE 7.98 Down 17 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.29 0.59 -0.29 0.20 CAD $/bu 6.09 6.97 6.09 8.81 CAD $/tonne 223.92 256.25 223.92 323.76 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 0.00 -0.75 N/A N/A -0.25 -0.95 N/A London -0.71 -0.01 -0.76 N/A N/A -0.18 -1.04 N/A Hensall -0.85 N/A -0.70 N/A -0.45 N/A -0.95 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 -0.79 N/A N/A N/A -1.05 N/A Norwich -0.75 N/A -0.70 N/A -0.45 N/A -0.95 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 -0.45 N/A -0.95 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 0.29 -0.57 0.05 N/A 0.10 -0.82 0.37 Varna -0.65 0.15 -0.65 N/A -0.45 0.05 -0.95 N/A Mitchell -0.85 0.10 -0.65 N/A -0.45 0.00 -0.90 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 -0.40 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 0.74 0.22N/A 0.37N/A 0.06N/A Toledo El. 6.11US 6.32CA 6.64US 6.89CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.15 0.47 -0.56 -0.11 CAD $/bu 6.77 7.39 6.35 7.87 CAD $/tonne 248.68 271.57 233.42 289.22 (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 300.00 Bayport Barley 280.00 FOB Hm Soymeal 376.89 DDG's FOB Srn, Wndr, Aylm 220.00 - 270.00