FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, October 7 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0328 down 0.0102 Chicago corn closed slightly lower. DEC11 HI 6.07 1/2 DEC11 HI 6.07 1/2 LOW 5.96 1/4 LOW 5.96 1/4 CLOSE6.00 Down 5 1/2 CLOSE 6.00 Down 5 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC11+MAR12+MAR12 CK Low 0.45 6.45 253.93 -0.35 5.65 222.43 CK High 0.50 6.50 255.89 -0.35 5.65 222.43 CK Avg 0.48 0.23 6.48 254.91 -0.35 -0.60 5.65 222.43 Essex Cty N/A N/A Mdsx Low 0.45 6.45 253.93 -0.35 5.65 222.43 Mdsx High 0.50 6.50 255.89 -0.35 5.65 222.43 Mdsx Avg 0.48 0.23 6.48 254.91 -0.35 -0.60 5.65 222.43 Hensall 0.45 6.45 253.93 -0.35 5.65 222.43 Bruce 0.45 6.45 253.93 -0.35 5.65 222.43 Putnam N/A -0.35 5.65 222.43 Princeton N/A N/A Durham 0.50 6.50 255.89 -0.40 5.60 220.46 Norfolk N/A -0.35 5.65 222.43 Palmerston N/A -0.35 5.65 222.43 Varna 0.45 6.45 253.93 -0.35 5.65 222.43 Trenton 0.35 6.35 249.99 -0.35 5.65 222.43 Winchester N/A -0.35 5.65 222.43 North Gower N/A N/A Huron FOB 0.40 6.40 251.96 -0.40 5.60 220.46 Kent FOB N/A -0.35 5.65 222.43 Lamb FOB N/A -0.35 5.65 222.43 Mdsx FOB 0.50 -0.35 -0.35 -0.30 6.50 255.89 -0.35 5.65 222.43 FOB SW Que N/A -0.25 5.75 226.37 Track 0.80 6.80 267.70N/A PROCESSORS Chat-Eth 1.00N/A N/A N/A 7.00 275.58N/A Jhnstwn-Eth N/A N/A -0.45 -0.30 N/A Aylmer-Eth N/A -0.25 -0.25 -0.25 -0.25 5.75 226.37 Sarn-Eth N/A -0.30 -0.20 -0.10 -0.10 5.90 232.27 Cllngwd-Eth N/A N/A N/A N/A -0.25* 5.75 226.37 London-Cas N/A N/A -0.30 -0.40 N/A Pt.Colb-Cas -0.30N/A -0.55 -0.35 5.70 224.40 -0.30 5.70 224.40 Cardnl-Cas -0.30N/A -0.70 -0.35 5.70 224.40 -0.30 5.70 224.40 W O Feed 0.97 0.94 6.97 274.40 US Rep 0.95 0.92 6.95 273.61 Toledo El. 0.07 6.07 239.08 -0.19 5.81 228.83 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.40 5.60220 1/2 Hamilton N/A -0.35 5.65222 3/7 MID SD CRN -0.35 5.65 HI SD CRN -0.35 5.65 *Wet Bid Bank of Canada Noon exchange rate was 1.0328 down 0.0102 Chicago soybeans closed slightly lower. NOV11 HI 11.70 NOV12 HI 11.88 1/2 LOW 11.52 1/4 LOW 11.73 1/4 CLOSE11.58 1/4 Down 5 1/2 CLOSE 11.75 Down 7 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR12 CK Low -0.82 10.76 395.45-0.81 10.94 401.98 CK High -0.72 10.86 399.13-0.70 11.05 406.02 CK Average -0.76 -1.2310.82 397.73-0.76-1.2410.99 403.96 Essex Cty N/A N/A Mdsx Low -0.77 10.81 397.29-0.92 10.83 397.93 Mdsx High -0.65 10.93 401.70-0.70 11.05 406.02 Mdsx Average -0.71 -1.1810.87 399.50-0.81-1.2910.94 401.98 Hensall -0.65 10.93 401.70-0.68 11.08 406.94 Bruce -0.75 10.83 398.03-0.75 11.00 404.18 Putnam -0.65 10.93 401.70-0.70 11.05 406.02 Princeton N/A N/A Durham -0.78 10.80 396.92-0.93 10.82 397.57 Norfolk -0.67 10.91 400.97-0.71 11.04 405.65 Palmerston -0.65 10.93 401.70-0.65 11.10 407.86 Varna -0.65 10.93 401.70-0.65 11.10 407.86 Trenton -0.95 10.63 390.68-0.90 10.85 398.67 Winchester -0.89 10.69 392.88-0.98 10.77 395.73 North Gower N/A N/A Huron FOB -0.55 11.03 405.37-0.55 11.20 411.53 Kent FOB -0.72 10.86 399.13-0.77 10.98 403.45 Lambton FOB -0.72 10.86 399.13-0.77 10.98 403.45 Middlesex FOB-0.48-0.48-0.48-0.37 11.10 407.95-0.58 11.17 410.43 PROCESSORS Hamilton -0.20-0.20-0.150.05 11.38 418.24-0.25 11.50 422.55 Windsor 0.19 -0.10-0.010.04 11.77 432.57-0.33 11.42 419.61 Winchester -0.61 10.97 403.17 N/A TRANSFER Hamilton -0.05 N/A N/A N/A 11.53 423.75-0.05 11.70 429.90 Pt. Stanley -0.50 11.08 407.21-0.55 11.20 411.53 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.10 11.68 429.260.25 12.00 440.92 Toledo El. -0.58 11.00 404.17-0.60 11.15 409.55 Bank of Canada Noon exchange rate was 1.0328 down 0.0102 Chicago wheat closed slightly lower. DEC11 HI 6.23 JUL12 HI 6.93 LOW 6.06 LOW 6.78 1/2 CLOSE 6.07 1/2 Down 8 1/2 CLOSE 6.81 Down 8 Minni wheat closed steady to higher. DEC11 HI 9.37 1/2 SEP12 HI 7.90 1/4 LOW 8.96 LOW 7.82 CLOSE 9.19 1/2 Up 24 1/2 CLOSE 7.85 Unchanged GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.33 0.56 -0.33 0.11 CAD $/bu 5.75 6.63 5.75 9.31 CAD $/tonne 211.23 243.72 211.23 341.98 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 -0.55 N/A N/A -0.15 -0.70 N/A London -0.75 0.12 -0.65 N/A N/A -0.17 -0.89 N/A Hensall -0.45 N/A -0.45 N/A -0.30 N/A -0.75 N/A Trenton N/A N/A -0.50 N/A N/A N/A -0.75 N/A Winchester N/A N/A N/A -1.00 N/A N/A N/A -0.30 Essex N/A N/A -0.65 N/A N/A N/A -0.91 N/A Norwich -0.45 N/A -0.55 N/A -0.30 N/A -0.75 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 -0.60 N/A -0.30 N/A -0.80 N/A Chatham N/A 0.22 -0.54 N/A N/A -0.22 -0.92 N/A Brigden N/A 0.22 -0.54 N/A N/A -0.22 -0.92 N/A Palmerston N/A 0.35 -0.54 0.41 N/A 0.10 -0.82 0.24 Varna -0.45 0.35 -0.50 N/A -0.45 0.25 -0.80 N/A Mitchell -0.45 0.35 -0.40 N/A -0.30 0.20 -0.70 N/A Thornton N/A N/A N/A -1.77 N/A N/A N/A N/A North Gower N/A N/A N/A N/A 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 -0.35 N/A Pt. Stanley N/A N/A -0.70 N/A N/A N/A -0.85 N/A PROCESSORS Toledo FM N/A 0.97 0.25N/A 0.38 1.22 0.38N/A Toledo El. 5.85US 6.08CA 6.68US 6.95CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.14 0.49 -0.55 -0.09 CAD $/bu 6.67 7.30 6.26 7.76 CAD $/tonne 245.19 268.14 229.89 284.97 (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 363.00 DDG's FOB Srn, Wndr, Aylm 218.00 - 270.00