FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, October 14 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0149 down 0.0089 Chicago corn closed slightly higher. DEC11 HI 6.48 1/2 DEC11 HI 6.48 1/2 LOW 6.32 1/4 LOW 6.32 1/4 CLOSE6.40 Up 1 3/4 CLOSE 6.40 Up 1 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 0.30 6.70 263.77 -0.35 6.05 238.18 CK High 0.30 6.70 263.77 -0.35 6.05 238.18 CK Avg 0.30 0.22 6.70 263.77 -0.35 -0.48 6.05 238.18 Essex Cty N/A N/A Mdsx Low 0.30 6.70 263.77 -0.35 6.05 238.18 Mdsx High 0.30 6.70 263.77 -0.35 6.05 238.18 Mdsx Avg 0.30 0.22 6.70 263.77 -0.35 -0.48 6.05 238.18 Hensall 0.30 6.70 263.77 -0.35 6.05 238.18 Bruce 0.35 6.75 265.74 -0.35 6.05 238.18 Putnam N/A -0.35 6.05 238.18 Princeton N/A N/A Durham N/A -0.40 6.00 236.21 Norfolk N/A -0.35 6.05 238.18 Palmerston N/A -0.35 6.05 238.18 Varna N/A -0.35 6.05 238.18 Trenton 0.35 6.75 265.74 -0.35 6.05 238.18 Winchester N/A -0.35 6.05 238.18 North Gower N/A N/A Huron FOB N/A -0.35 6.05 238.18 Kent FOB N/A -0.35 6.05 238.18 Lamb FOB N/A -0.35 6.05 238.18 Mdsx FOB 0.40 -0.35 -0.35 -0.30 6.80 267.70 -0.35 6.05 238.18 FOB SW Que N/A N/A Track 0.78 7.18 282.47N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A -0.25 -0.10 N/A Aylmer-Eth N/A -0.25 -0.25 -0.25 -0.25 6.15 242.11 Sarn-Eth N/A -0.30 -0.20 -0.10 -0.10 6.30 248.02 Cllngwd-Eth N/A N/A N/A N/A -0.20* 6.20 244.08 London-Cas N/A N/A -0.30 -0.10 N/A Pt.Colb-Cas 0.10 0.00 -0.25 0.05 6.50 255.89 0.10 6.50 255.89 Cardnl-Cas -0.20N/A -0.70 -0.05 6.20 244.08 -0.20 6.20 244.08 W O Feed 0.89 0.87 7.29 286.99 US Rep 0.80 0.78 7.20 283.45 Toledo El. -0.03 6.37 250.76 0.10 6.50 255.97 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.48 5.92233 Hamilton N/A -0.41 5.99235 4/5 MID SD CRN -0.35 6.05 HI SD CRN -0.35 6.05 *Wet Bid Bank of Canada Noon exchange rate was 1.0149 down 0.0089 Chicago soybeans closed moderately higher. NOV11 HI 12.75 3/4 NOV12 HI 12.52 LOW 12.49 LOW 12.32 1/4 CLOSE12.70 Up 13 CLOSE 12.51 Up 11 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR12 CK Low -0.90 11.80 433.58-0.94 11.57 425.12 CK High -0.89 11.81 433.94-0.89 11.62 426.96 CK Average -0.90 -1.0611.80 433.72-0.91-1.1611.60 426.37 Essex Cty N/A N/A Mdsx Low -0.90 11.80 433.58-1.05 11.46 421.08 Mdsx High -0.80 11.90 437.25-0.80 11.71 430.27 Mdsx Average -0.85 -1.0211.85 435.41-0.93-1.1811.59 425.68 Hensall -0.83 11.88 436.33-0.83 11.69 429.35 Bruce -0.90 11.80 433.58-0.90 11.61 426.59 Putnam -0.80 11.90 437.25-0.80 11.71 430.27 Princeton N/A N/A Durham -0.93 11.77 432.47-1.08 11.43 419.98 Norfolk -0.84 11.86 435.78-0.83 11.68 429.17 Palmerston -0.80 11.90 437.25-0.80 11.71 430.27 Varna -0.85 11.85 435.41-0.85 11.66 428.43 Trenton -1.00 11.70 429.90-1.15 11.36 417.41 Winchester -0.97 11.73 431.00-0.97 11.54 424.02 North Gower N/A N/A Huron FOB -0.70 12.00 440.92-0.70 11.81 433.94 Kent FOB -0.89 11.81 433.94-0.89 11.62 426.96 Lambton FOB -0.89 11.81 433.94-0.89 11.62 426.96 Middlesex FOB-0.67-0.67-0.59-0.49 12.03 442.03-0.70 11.81 433.94 PROCESSORS Hamilton -0.44-0.44-0.38-0.21 12.26 450.48-0.44 12.07 443.50 Windsor -0.38-0.53-0.28-0.22 12.32 452.68-0.59 11.92 437.99 Winchester -0.86 11.84 435.05 N/A TRANSFER Hamilton -0.30 N/A N/A N/A 12.40 455.62-0.20 12.31 452.32 Pt. Stanley -0.75 11.95 439.09-0.65 11.86 435.78 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A N/A Toledo El. -0.47 12.23 449.52-0.59 11.92 437.92 Bank of Canada Noon exchange rate was 1.0149 down 0.0089 Chicago wheat closed slightly higher. DEC11 HI 6.33 JUL12 HI 7.09 LOW 6.12 1/4 LOW 6.88 3/4 CLOSE 6.22 3/4 Up 4 3/4 CLOSE 6.97 1/4 Up 2 Minni wheat closed slightly higher. MAR12 HI 8.40 SEP12 HI 7.94 1/4 LOW 8.29 3/4 LOW 7.83 3/4 CLOSE 8.33 3/4 Up 3 1/2 CLOSE 7.85 1/2 Up 1 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.47 0.39 -0.47 0.31 CAD $/bu 5.75 6.61 5.75 8.65 CAD $/tonne 211.38 243.03 211.38 317.86 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 0.10 -0.60 N/A N/A -0.35 -0.80 N/A London -0.62 0.19 -0.62 N/A N/A -0.15 -0.86 N/A Hensall -0.50 N/A -0.50 N/A -0.40 N/A -0.80 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 -0.78 N/A N/A N/A -1.00 N/A Norwich -0.50 N/A -0.60 N/A -0.40 N/A -0.80 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.50 N/A -0.60 N/A -0.25 N/A -0.75 N/A Chatham N/A 0.15 -0.62 N/A N/A -0.29 -0.81 N/A Brigden N/A 0.15 -0.62 N/A N/A -0.29 -0.81 N/A Palmerston N/A 0.30 -0.51 0.30 N/A 0.12 -0.79 0.14 Varna -0.45 0.35 -0.50 N/A -0.45 0.25 -0.80 N/A Mitchell -0.50 0.35 -0.45 N/A -0.40 0.15 -0.75 N/A Thornton N/A N/A N/A -0.80 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 -0.45 N/A Pt. Stanley N/A N/A -0.70 N/A N/A N/A -0.90 N/A PROCESSORS Toledo FM N/A 0.79 0.08N/A 0.24 1.06 0.24N/A Toledo El. 6.00US 6.08CA 6.84US 6.98CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.27 0.35 -0.67 0.06 CAD $/bu 6.71 7.32 6.30 7.91 CAD $/tonne 246.43 268.92 231.43 290.76 (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 377.66 - 380.97 DDG's FOB Srn, Wndr, Aylm 218.00 - 270.00