FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 18 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0163 up 0.0011 Chicago corn closed slightly higher. DEC11 HI 6.46 3/4 DEC11 HI 6.46 3/4 LOW 6.30 1/4 LOW 6.30 1/4 CLOSE6.44 Up 3 1/2 CLOSE 6.44 Up 3 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 -0.35 6.09 239.75 -0.35 6.09 239.75 CK High -0.35 6.09 239.75 -0.35 6.09 239.75 CK Avg -0.35 -0.44 6.09 239.75 -0.35 -0.47 6.09 239.75 Essex Cty N/A N/A Mdsx Low -0.35 6.09 239.75 -0.35 6.09 239.75 Mdsx High -0.35 6.09 239.75 -0.35 6.09 239.75 Mdsx Avg -0.35 -0.44 6.09 239.75 -0.35 -0.47 6.09 239.75 Hensall -0.35 6.09 239.75 -0.35 6.09 239.75 Bruce -0.35 6.09 239.75 -0.35 6.09 239.75 Putnam -0.35 6.09 239.75 -0.35 6.09 239.75 Princeton N/A N/A Durham -0.40 6.04 237.78 -0.40 6.04 237.78 Norfolk -0.35 6.09 239.75 -0.35 6.09 239.75 Palmerston -0.35 6.09 239.75 -0.35 6.09 239.75 Varna -0.35 6.09 239.75 -0.35 6.09 239.75 Trenton 0.35 6.79 267.31 -0.35 6.09 239.75 Winchester -0.35 6.09 239.75 -0.35 6.09 239.75 North Gower N/A N/A Huron FOB N/A -0.35 6.09 239.75 Kent FOB -0.35 6.09 239.75 -0.35 6.09 239.75 Lamb FOB -0.35 6.09 239.75 -0.35 6.09 239.75 Mdsx FOB N/A -0.35 -0.35 -0.30 -0.35 6.09 239.75 FOB SW Que -0.40 6.04 237.78 -0.40 6.04 237.78 Track 0.53 6.97 274.20N/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 6.19 243.69 Sarn-Eth 0.00 -0.30 -0.10 0.00 6.44 253.53 0.00 6.44 253.53 Cllngwd-Eth N/A N/A N/A N/A 0.50* 6.94 273.22 London-Cas N/A N/A -0.30 -0.10 N/A Pt.Colb-Cas 0.10 0.00 -0.25 0.05 6.54 257.47 0.10 6.54 257.47 Cardnl-Cas N/A N/A -0.70 -0.05 N/A W O Feed 0.89 0.87 7.33 288.57 US Rep 0.80 0.78 7.24 285.03 Toledo El. -0.10 6.34 249.54 -0.10 6.34 249.52 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.52 5.92233 Hamilton N/A -0.45 5.99235 4/5 MID SD CRN -0.35 6.09 HI SD CRN -0.35 6.09 *Wet Bid Bank of Canada Noon exchange rate was 1.0163 up 0.0011 Chicago soybeans closed slightly lower. NOV11 HI 12.53 NOV12 HI 12.33 1/4 LOW 12.26 1/2 LOW 12.07 CLOSE12.50 3/4 Down 2 1/4 CLOSE 12.32 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 -0.85 11.66 428.34-0.85 11.48 421.63 CK High -0.75 11.76 432.01-0.84 11.49 422.00 CK Average -0.81 -0.9911.70 429.88-0.85-1.0811.48 421.71 Essex Cty N/A N/A Mdsx Low -0.79 11.72 430.54-0.85 11.48 421.63 Mdsx High -0.75 11.76 432.01-0.75 11.58 425.31 Mdsx Average -0.77 -0.9511.74 431.28-0.80-1.0311.53 423.47 Hensall -0.78 11.73 431.10-0.78 11.55 424.39 Bruce -0.80 11.71 430.18-0.80 11.53 423.47 Putnam -0.75 11.76 432.01-0.75 11.58 425.31 Princeton N/A N/A Durham -0.82 11.69 429.44-0.88 11.45 420.53 Norfolk -0.75 11.76 432.01-0.79 11.54 423.84 Palmerston -0.80 11.71 430.18-0.80 11.53 423.47 Varna -0.85 11.66 428.34-0.85 11.48 421.63 Trenton -0.95 11.56 424.67-1.00 11.33 416.12 Winchester -0.90 11.61 426.50-1.01 11.32 415.76 North Gower N/A N/A Huron FOB -0.70 11.81 433.85-0.70 11.63 427.15 Kent FOB -0.80 11.71 430.18-0.85 11.48 421.63 Lambton FOB -0.80 11.71 430.18-0.85 11.48 421.63 Middlesex FOB-0.60-0.66-0.58-0.48 11.91 437.53-0.64 11.69 429.35 PROCESSORS Hamilton -0.35-0.35-0.30-0.15 12.16 446.71-0.35 11.98 440.01 Windsor -0.32-0.47-0.22-0.16 12.19 447.81-0.53 11.80 433.39 Winchester -0.95 11.56 424.67 N/A TRANSFER Hamilton -0.40 N/A N/A N/A 12.11 444.87-0.30 12.03 441.84 Pt. Stanley -0.85 11.66 428.34-0.75 11.58 425.31 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.22 12.29 451.490.00 12.33 452.87 Toledo El. -0.47 12.04 442.42-0.59 11.73 431.16 Bank of Canada Noon exchange rate was 1.0163 up 0.0011 Chicago wheat closed narrowly mixed. DEC11 HI 6.30 JUL12 HI 6.99 3/4 LOW 6.13 LOW 6.84 1/4 CLOSE 6.25 1/4 Up 1 CLOSE 6.94 1/4 Down 2 1/2 Minni wheat closed slightly higher. MAR12 HI 8.53 1/2 SEP12 HI 8.03 1/2 LOW 8.33 LOW 7.86 3/4 CLOSE 8.48 1/2 Up 8 3/4 CLOSE 7.98 3/4 Up 6 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.47 0.40 -0.47 0.33 CAD $/bu 5.79 6.65 5.79 8.81 CAD $/tonne 212.59 244.28 212.59 323.78 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 -0.56 0.31 -0.51 N/A N/A -0.09 -0.75 N/A Hensall -0.50 N/A -0.50 N/A -0.30 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 -0.75 N/A N/A N/A -0.86 N/A Norwich -0.50 N/A -0.60 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 -0.50 N/A -0.60 N/A -0.15 N/A -0.65 N/A Chatham N/A 0.19 -0.58 N/A N/A -0.25 -0.77 N/A Brigden N/A 0.19 -0.58 N/A N/A -0.25 -0.77 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 -0.30 0.15 -0.70 N/A Thornton N/A N/A N/A -0.85 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 -0.50 N/A Pt. Stanley N/A N/A -0.70 N/A N/A N/A -0.95 N/A PROCESSORS Toledo FM N/A 0.80 0.09N/A 0.23 1.05 0.23N/A Toledo El. 6.07US 6.16CA 6.81US 6.94CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.28 0.33 -0.68 0.05 CAD $/bu 6.67 7.28 6.26 8.04 CAD $/tonne 244.90 267.36 229.93 295.25 (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 295.00 Bayport Barley 285.00 FOB Hm Soymeal 387.25 - 388.35 DDG's FOB Srn, Wndr, Aylm 218.00 - 270.00