FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, September 29 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0338 up 0.0113 Chicago corn closed slightly higher. DEC11 HI 6.38 1/4 DEC11 HI 6.38 1/4 LOW 6.23 LOW 6.23 CLOSE6.32 1/2 Up 1 3/4 CLOSE 6.32 1/2 Up 1 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC11+DEC11+MAR12 CK Low 0.40 6.73 264.75 -0.45 5.88 231.29 CK High 0.40 6.73 264.75 -0.40 5.93 233.26 CK Avg 0.40 0.14 6.73 264.75 -0.42 -0.67 5.91 232.47 Essex Cty N/A N/A Mdsx Low 0.40 6.73 264.75 -0.45 5.88 231.29 Mdsx High 0.40 6.73 264.75 -0.40 5.93 233.26 Mdsx Avg 0.40 0.14 6.73 264.75 -0.43 -0.67 5.90 232.27 Hensall 0.38 6.70 263.77 -0.45 5.88 231.29 Bruce 0.40 6.73 264.75 -0.40 5.93 233.26 Putnam 0.40 6.73 264.75 -0.40 5.93 233.26 Princeton N/A N/A Durham 0.40 6.73 264.75 -0.50 5.83 229.32 Norfolk 0.40 6.73 264.75 -0.40 5.93 233.26 Palmerston N/A -0.40 5.93 233.26 Varna 0.40 6.73 264.75 -0.40 5.93 233.26 Trenton 0.15 6.48 254.91 -0.40 5.93 233.26 Winchester 0.15 6.48 254.91 -0.35 5.98 235.23 North Gower 0.60 6.93 272.63 -0.50 5.83 229.32 Huron FOB 0.55 6.88 270.66 -0.45 5.88 231.29 Kent FOB 0.40 6.73 264.75 -0.40 5.93 233.26 Lamb FOB 0.40 6.73 264.75 -0.40 5.93 233.26 Mdsx FOB 0.40N/A N/A -0.40 6.73 264.75 -0.45 5.88 231.29 FOB SW Que N/A -0.45 5.88 231.29 Track 0.78 7.10 279.51N/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 0.50 0.50 -0.25 -0.25 6.83 268.69 -0.25 6.08 239.16 Sarn-Eth N/A -0.10 -0.30 -0.20 -0.10 6.23 245.07 Cllngwd-Eth 0.50N/A N/A N/A 6.83 268.69-0.20* 6.13 241.13 London-Cas N/A N/A N/A -0.40 N/A Pt.Colb-Cas N/A -0.35N/A -0.45 -0.35 5.98 235.23 Cardnl-Cas N/A -0.35N/A -0.70 -0.35 5.98 235.23 W O Feed 0.82 0.78 7.15 281.29 US Rep 0.70 0.66 7.03 276.56 Toledo El. 0.07 6.40 251.87 -0.19 6.14 241.64 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.39 5.94233 2/3 Hamilton N/A -0.35 5.98235 2/9 MID SD CRN -0.42 1/2 5.90 HI SD CRN -0.40 5.92 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0338 up 0.0113 Chicago soybeans closed slightly higher. NOV11 HI 12.38 NOV12 HI 12.47 LOW 12.09 1/4 LOW 12.17 CLOSE12.30 Up 6 1/2 CLOSE 12.39 1/2 Up 8 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN12 CK Low -0.80 11.50 422.55-0.85 11.55 424.21 CK High -0.73 11.57 425.12-0.75 11.65 427.88 CK Average -0.78 -1.2911.52 423.43-0.80-1.2811.59 425.97 Essex Cty N/A N/A Mdsx Low -0.78 11.52 423.29-0.91 11.49 422.00 Mdsx High -0.75 11.55 424.39-0.75 11.65 427.88 Mdsx Average -0.77 -1.2811.54 423.84-0.83-1.3111.57 424.94 Hensall -0.73 11.58 425.31-0.73 11.67 428.80 Bruce -0.80 11.50 422.55-0.85 11.55 424.21 Putnam -0.75 11.55 424.39 N/A Princeton N/A N/A Durham -0.79 11.51 422.92-0.92 11.48 421.63 Norfolk -0.75 11.55 424.39-0.75 11.65 427.88 Palmerston -0.80 11.50 422.55-0.80 11.60 426.04 Varna -0.70 11.60 426.23-0.70 11.70 429.72 Trenton -0.90 11.40 418.88-1.00 11.40 418.69 Winchester -0.84 11.46 421.08-0.84 11.56 424.57 North Gower -0.70 11.60 426.23-0.85 11.55 424.21 Huron FOB -0.55 11.75 431.74-0.65 11.75 431.55 Kent FOB -0.80 11.50 422.55-0.81 11.59 425.68 Lambton FOB -0.80 11.50 422.55-0.81 11.59 425.68 Middlesex FOB-0.64-0.64-0.64 N/A 11.66 428.43-0.76 11.64 427.51 PROCESSORS Hamilton 0.45 -0.10-0.100.05 12.75 468.48-0.10 12.30 451.76 Windsor 0.07 -0.30-0.30-0.03 12.37 454.52-0.30 12.10 444.42 Winchester -0.94 11.36 417.41 N/A TRANSFER Hamilton -0.25 N/A N/A N/A 12.05 442.76-0.15 12.25 449.93 Pt. Stanley -0.70 11.60 426.23-0.60 11.80 433.39 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.05 12.25 450.11-0.20 12.20 448.09 Toledo El. -0.58 11.72 430.51-0.60 11.79 433.30 Bank of Canada Noon exchange rate was 1.0338 up 0.0113 Chicago wheat closed moderately higher. DEC11 HI 6.56 1/4 JUL12 HI 7.08 1/2 LOW 6.27 1/4 LOW 6.82 CLOSE 6.54 1/4 Up 15 1/2 CLOSE 7.05 Up 13 1/4 Minni wheat closed slightly higher to higher. DEC11 HI 9.04 SEP12 HI 8.08 3/4 LOW 8.60 3/4 LOW 7.90 CLOSE 8.95 1/2 Up 34 1/4 CLOSE 8.05 1/2 Up 7 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.25 0.64 -0.25 0.27 CAD $/bu 6.29 7.18 6.29 9.22 CAD $/tonne 231.27 263.81 231.27 338.92 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 -0.70 N/A N/A -0.25 -0.95 N/A London -0.67 0.10 -0.67 N/A N/A -0.14 -0.96 N/A Hensall -0.75 N/A -0.65 N/A -0.40 N/A -0.90 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 -1.02 N/A Norwich -0.70 N/A -0.65 N/A -0.40 N/A -0.90 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.75 N/A -0.65 N/A -0.40 N/A -0.90 N/A Chatham N/A 0.02 -0.68 N/A N/A -0.24 -0.91 N/A Brigden N/A 0.02 -0.68 N/A N/A -0.24 -0.91 N/A Palmerston N/A 0.29 -0.57 0.05 N/A 0.10 -0.82 0.37 Varna -0.65 0.15 -0.60 N/A -0.45 0.05 -0.90 N/A Mitchell -0.75 0.10 -0.60 N/A -0.40 0.05 -0.55 N/A Thornton N/A N/A N/A -1.11 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 0.79 0.27N/A 0.38N/A 0.07N/A Toledo El. 6.31US 6.58CA 6.82US 7.08CA 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 6.91 7.53 6.49 7.95 CAD $/tonne 253.81 276.71 238.55 292.17 (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 378.65 DDG's FOB Srn, Wndr, Aylm 220.00 - 270.00