FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, October 5 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0449 down 0.0155 Chicago corn closed higher. DEC11 HI 6.07 1/2 DEC11 HI 6.07 1/2 LOW 5.91 LOW 5.91 CLOSE6.05 1/2 Up 17 3/4 CLOSE 6.05 1/2 Up 17 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC11+MAR12+MAR12 CK Low 0.50 6.56 258.06 -0.35 5.71 224.60 CK High 0.50 6.56 258.06 -0.35 5.71 224.60 CK Avg 0.50 0.23 6.56 258.06 -0.35 -0.63 5.71 224.60 Essex Cty N/A N/A Mdsx Low 0.50 6.56 258.06 -0.35 5.71 224.60 Mdsx High 0.50 6.56 258.06 -0.35 5.71 224.60 Mdsx Avg 0.50 0.23 6.56 258.06 -0.35 -0.63 5.71 224.60 Hensall 0.48 6.53 257.07 -0.35 5.71 224.60 Bruce 0.50 6.56 258.06 -0.35 5.71 224.60 Putnam N/A -0.35 5.71 224.60 Princeton N/A N/A Durham 0.50 6.56 258.06 -0.40 5.66 222.63 Norfolk N/A -0.35 5.71 224.60 Palmerston N/A -0.35 5.71 224.60 Varna 0.60 6.66 262.00 -0.35 5.71 224.60 Trenton 0.35 6.41 252.15 -0.35 5.71 224.60 Winchester 0.35 6.41 252.15 -0.35 5.71 224.60 North Gower 0.80 6.86 269.87 -0.35 5.71 224.60 Huron FOB 0.40 6.46 254.12 -0.40 5.66 222.63 Kent FOB N/A -0.35 5.71 224.60 Lamb FOB N/A -0.35 5.71 224.60 Mdsx FOB 0.50 -0.35 -0.35 -0.30 6.56 258.06 -0.35 5.71 224.60 FOB SW Que N/A -0.20 5.86 230.50 Track 0.83 6.88 270.85N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A -0.45 -0.30 N/A Aylmer-Eth 0.50 -0.25 -0.25 -0.25 6.56 258.06 -0.25 5.81 228.53 Sarn-Eth -0.10 -0.30 -0.20 -0.10 5.96 234.44 -0.30 5.76 226.56 Cllngwd-Eth -0.25N/A N/A N/A 5.81 228.530.00* 6.06 238.37 London-Cas N/A N/A -0.30 -0.40 N/A Pt.Colb-Cas -0.30N/A -0.55 -0.35 5.76 226.56 -0.30 5.76 226.56 Cardnl-Cas -0.30N/A -0.70 -0.35 5.76 226.56 -0.30 5.76 226.56 W O Feed 0.92 0.87 6.98 274.59 US Rep 0.70 0.65 6.76 265.93 Toledo El. 0.07 6.13 241.26 -0.19 5.87 230.96 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.32 5.74225 7/9 Hamilton N/A -0.27 5.79227 3/4 MID SD CRN -0.35 5.70 1/2 HI SD CRN -0.35 5.70 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0449 down 0.0155 Chicago soybeans closed slightly higher. NOV11 HI 11.74 NOV12 HI 11.91 3/4 LOW 11.61 LOW 11.80 CLOSE11.63 3/4 Up 3 3/4 CLOSE 11.84 3/4 Up 4 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR12 CK Low -0.55 11.09 407.40-0.55 11.30 415.11 CK High -0.52 11.12 408.50-0.42 11.43 419.89 CK Average -0.53 -1.0611.10 407.98-0.51-1.0511.34 416.58 Essex Cty N/A N/A Mdsx Low -0.55 11.09 407.40-0.62 11.23 412.54 Mdsx High -0.45 11.19 411.07-0.50 11.35 416.95 Mdsx Average -0.50 -1.0311.14 409.23-0.56-1.1011.29 414.74 Hensall -0.48 11.16 410.15-0.50 11.35 416.95 Bruce -0.55 11.09 407.40-0.55 11.30 415.11 Putnam -0.45 11.19 411.07-0.50 11.35 416.95 Princeton N/A N/A Durham -0.56 11.08 407.03-0.63 11.22 412.17 Norfolk -0.47 11.17 410.34-0.47 11.38 418.05 Palmerston -0.50 11.14 409.23-0.50 11.35 416.95 Varna -0.45 11.19 411.07-0.45 11.40 418.79 Trenton -0.70 10.94 401.88-0.80 11.05 405.93 Winchester -0.65 10.99 403.72-0.65 11.20 411.44 North Gower -0.45 11.19 411.07-0.65 11.20 411.44 Huron FOB -0.40 11.24 412.91-0.40 11.45 420.62 Kent FOB -0.52 11.12 408.50-0.53 11.32 415.85 Lambton FOB -0.52 11.12 408.50-0.53 11.32 415.85 Middlesex FOB-0.38-0.38-0.25-0.15 11.26 413.64-0.40 11.45 420.62 PROCESSORS Hamilton 0.07 0.07 0.13 0.29 11.71 430.180.05 11.90 437.16 Windsor 0.51 0.00 0.10 0.15 12.15 446.34-0.17 11.68 429.07 Winchester -0.46 11.18 410.70 N/A TRANSFER Hamilton -0.65 N/A N/A N/A 10.99 403.72-0.65 11.20 411.44 Pt. Stanley -0.50 11.14 409.23-0.45 11.40 418.79 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.20 11.84 434.950.45 12.30 451.86 Toledo El. -0.59 11.05 406.10-0.61 11.24 413.04 Bank of Canada Noon exchange rate was 1.0449 down 0.0155 Chicago wheat closed moderately higher to higher. DEC11 HI 6.28 JUL12 HI 7.02 1/4 LOW 6.07 1/4 LOW 6.84 CLOSE 6.25 1/4 Up 21 1/4 CLOSE 6.98 3/4 Up 17 Minni wheat closed slightly to moderately higher. DEC11 HI 8.78 1/4 SEP12 HI 7.94 3/4 LOW 8.62 3/4 LOW 7.83 3/4 CLOSE 8.76 1/2 Up 13 3/4 CLOSE 7.89 3/4 Up 5 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.29 0.60 -0.29 0.13 CAD $/bu 5.96 6.85 5.96 8.90 CAD $/tonne 218.99 251.63 218.99 327.00 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 0.30 -0.50 N/A N/A -0.05 -0.65 N/A London -0.61 0.29 -0.50 N/A N/A 0.01 -0.73 N/A Hensall -0.45 N/A -0.45 N/A -0.25 N/A -0.65 N/A Trenton N/A N/A -0.50 N/A N/A N/A -0.70 N/A Winchester N/A N/A N/A -1.00 N/A N/A N/A -0.30 Essex N/A N/A -0.59 N/A N/A N/A -0.85 N/A Norwich -0.45 N/A -0.50 N/A -0.25 N/A -0.65 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.45 N/A -0.50 N/A -0.25 N/A -0.65 N/A Chatham N/A 0.35 -0.46 N/A N/A -0.09 -0.70 N/A Brigden N/A 0.35 -0.46 N/A N/A -0.09 -0.70 N/A Palmerston N/A 0.50 -0.41 0.25 N/A 0.26 -0.69 0.45 Varna -0.45 0.35 -0.45 N/A -0.45 0.25 -0.75 N/A Mitchell -0.45 0.35 -0.35 N/A -0.25 0.25 -0.65 N/A Thornton N/A N/A N/A -0.93 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A -0.05 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.15 N/A N/A N/A -0.30 N/A Pt. Stanley N/A N/A -0.65 N/A N/A N/A -0.90 N/A PROCESSORS Toledo FM N/A 1.01 0.28N/A 0.42 1.26 0.42N/A Toledo El. 6.02US 6.29CA 6.81US 7.12CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.10 0.53 -0.52 -0.06 CAD $/bu 6.89 7.52 6.47 7.84 CAD $/tonne 253.11 276.16 237.74 288.07 (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 305.00 Bayport Barley 280.00 FOB Hm Soymeal 363.99 DDG's FOB Srn, Wndr, Aylm 218.00 - 270.00