FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, October 12 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0164 down 0.0123 Chicago corn closed slightly lower. DEC11 HI 6.55 DEC11 HI 6.55 LOW 6.28 3/4 LOW 6.28 3/4 CLOSE6.40 3/4 Down 4 1/4 CLOSE 6.40 3/4 Down 4 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC11+MAR12+MAR12 CK Low 0.40 6.81 268.00 -0.35 6.06 238.47 CK High 0.40 6.81 268.00 -0.35 6.06 238.47 CK Avg 0.40 0.29 6.81 268.00 -0.35 -0.48 6.06 238.47 Essex Cty N/A N/A Mdsx Low 0.40 6.81 268.00 -0.35 6.06 238.47 Mdsx High 0.40 6.81 268.00 -0.35 6.06 238.47 Mdsx Avg 0.40 0.29 6.81 268.00 -0.35 -0.48 6.06 238.47 Hensall 0.40 6.81 268.00 -0.35 6.06 238.47 Bruce 0.40 6.81 268.00 -0.35 6.06 238.47 Putnam N/A -0.35 6.06 238.47 Princeton N/A N/A Durham N/A -0.40 6.01 236.50 Norfolk N/A -0.35 6.06 238.47 Palmerston N/A -0.35 6.06 238.47 Varna 0.45 6.86 269.97 -0.35 6.06 238.47 Trenton 0.35 6.76 266.03 -0.40 6.01 236.50 Winchester N/A -0.35 6.06 238.47 North Gower N/A N/A Huron FOB N/A -0.40 6.01 236.50 Kent FOB N/A -0.35 6.06 238.47 Lamb FOB N/A -0.35 6.06 238.47 Mdsx FOB 0.50 -0.35 -0.35 -0.30 6.91 271.94 -0.35 6.06 238.47 FOB SW Que N/A -0.40 6.01 236.50 Track 0.78 7.18 282.76N/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 N/A -0.25 -0.25 -0.25 -0.25 6.16 242.41 Sarn-Eth N/A -0.30 -0.20 -0.10 -0.10 6.31 248.32 Cllngwd-Eth N/A N/A N/A N/A -0.20* 6.21 244.38 London-Cas N/A N/A -0.30 -0.30 N/A Pt.Colb-Cas -0.20N/A -0.55 -0.25 6.21 244.38 -0.20 6.21 244.38 Cardnl-Cas -0.20N/A -0.70 -0.25 6.21 244.38 -0.20 6.21 244.38 W O Feed 0.94 0.92 7.35 289.26 US Rep 0.95 0.93 7.36 289.65 Toledo El. 0.07 6.48 255.05 -0.13 6.27 247.03 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A N/A MID SD CRN -0.35 6.05 3/4 HI SD CRN -0.35 6.05 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0164 down 0.0123 Chicago soybeans closed narrowly mixed. NOV11 HI 12.46 3/4 NOV12 HI 12.38 1/4 LOW 12.11 1/2 LOW 12.14 1/4 CLOSE12.39 1/2 Up 4 CLOSE 12.34 1/2 Down 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR12 CK Low -0.90 11.50 422.37-0.90 11.45 420.53 CK High -0.82 11.58 425.31-0.85 11.50 422.37 CK Average -0.86 -1.0711.53 423.77-0.88-1.1311.46 421.19 Essex Cty N/A N/A Mdsx Low -0.81 11.59 425.68-0.89 11.46 420.90 Mdsx High -0.80 11.60 426.04-0.80 11.55 424.21 Mdsx Average -0.81 -1.0211.59 425.86-0.85-1.0911.50 422.55 Hensall -0.80 11.60 426.04-0.80 11.55 424.21 Bruce -0.75 11.65 427.88-0.75 11.60 426.04 Putnam -0.80 11.60 426.04-0.80 11.55 424.21 Princeton N/A N/A Durham -0.82 11.58 425.31-0.99 11.36 417.22 Norfolk -0.79 11.61 426.41-0.83 11.52 423.10 Palmerston -0.80 11.60 426.04-0.80 11.55 424.21 Varna -0.80 11.60 426.04-0.80 11.55 424.21 Trenton -1.00 11.40 418.69-1.15 11.20 411.35 Winchester -0.96 11.44 420.16-1.07 11.28 414.29 North Gower N/A N/A Huron FOB -0.65 11.75 431.55-0.65 11.70 429.72 Kent FOB -0.84 11.56 424.57-0.89 11.46 420.90 Lambton FOB -0.84 11.56 424.57-0.89 11.46 420.90 Middlesex FOB-0.70-0.70-0.62-0.51 11.70 429.72-0.72 11.63 427.15 PROCESSORS Hamilton -0.45-0.45-0.40-0.23 11.95 438.90-0.47 11.88 436.33 Windsor -0.52-0.35-0.27-0.21 11.88 436.33-0.58 11.77 432.29 Winchester -0.76 11.64 427.51 N/A TRANSFER Hamilton N/A N/A N/A N/A N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.30 12.10 444.42-0.05 12.30 451.76 Toledo El. -0.57 11.83 434.51-0.59 11.75 431.87 Bank of Canada Noon exchange rate was 1.0164 down 0.0123 Chicago wheat closed lower. DEC11 HI 6.62 3/4 JUL12 HI 7.28 1/4 LOW 6.20 LOW 6.95 CLOSE 6.26 3/4 Down 34 CLOSE 7.06 1/4 Down 22 Minni wheat closed moderately lower to lower. DEC11 HI 9.34 SEP12 HI 8.01 3/4 LOW 8.85 1/2 LOW 7.89 CLOSE 9.03 3/4 Down 32 3/4 CLOSE 7.93 Down 19 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.45 0.41 -0.45 -0.53 CAD $/bu 5.82 6.68 5.82 8.51 CAD $/tonne 213.67 245.44 213.67 312.71 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 0.25 -0.55 N/A N/A -0.20 -0.75 N/A London -0.58 0.24 -0.58 N/A N/A -0.21 -0.98 N/A Hensall -0.45 N/A -0.45 N/A -0.35 N/A -0.75 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 -0.77 N/A N/A N/A -0.99 N/A Norwich -0.45 N/A -0.55 N/A -0.35 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 -0.55 N/A -0.35 N/A -0.85 N/A Chatham N/A 0.18 -0.59 N/A N/A -0.26 -0.98 N/A Brigden N/A 0.18 -0.59 N/A N/A -0.26 -0.98 N/A Palmerston N/A 0.29 -0.58 0.32 N/A 0.04 -0.88 0.20 Varna -0.45 0.35 -0.50 N/A -0.45 0.25 -0.80 N/A Mitchell -0.45 0.40 -0.40 N/A -0.35 0.20 -0.70 N/A Thornton N/A N/A N/A -0.83 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 N/A N/A N/A N/A N/A N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A 0.82 0.11N/A 0.24 1.06 0.24N/A Toledo El. 6.04US 6.14CA 6.93US 7.07CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.27 0.34 -0.68 0.06 CAD $/bu 6.80 7.41 6.39 7.99 CAD $/tonne 249.67 272.16 234.68 293.43 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 295.00 - 305.00 Bayport Oats 305.00 Bayport Barley 280.00 FOB Hm Soymeal 372.26 - 375.56 DDG's FOB Srn, Wndr, Aylm 218.00 - 270.00