FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, October 19 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0136 down 0.0027 Chicago corn closed slightly lower. DEC11 HI 6.51 1/4 DEC11 HI 6.51 1/4 LOW 6.37 1/2 LOW 6.37 1/2 CLOSE6.38 1/2 Down 5 1/2 CLOSE 6.38 1/2 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 -0.35 6.04 237.59 -0.35 6.04 237.59 CK High -0.35 6.04 237.59 -0.35 6.04 237.59 CK Avg -0.35 -0.49 6.04 237.59 -0.35 -0.51 6.04 237.59 Essex Cty N/A N/A Mdsx Low -0.35 6.04 237.59 -0.35 6.04 237.59 Mdsx High -0.35 6.04 237.59 -0.35 6.04 237.59 Mdsx Avg -0.35 -0.49 6.04 237.59 -0.35 -0.51 6.04 237.59 Hensall -0.35 6.04 237.59 -0.35 6.04 237.59 Bruce -0.35 6.04 237.59 -0.35 6.04 237.59 Putnam -0.35 6.04 237.59 -0.35 6.04 237.59 Princeton N/A N/A Durham -0.40 5.99 235.62 -0.40 5.99 235.62 Norfolk -0.35 6.04 237.59 -0.35 6.04 237.59 Palmerston -0.35 6.04 237.59 -0.35 6.04 237.59 Varna -0.35 6.04 237.59 -0.35 6.04 237.59 Trenton 0.35 6.74 265.15 -0.35 6.04 237.59 Winchester -0.35 6.04 237.59 -0.35 6.04 237.59 North Gower N/A N/A Huron FOB N/A -0.35 6.04 237.59 Kent FOB -0.35 6.04 237.59 -0.35 6.04 237.59 Lamb FOB -0.35 6.04 237.59 -0.35 6.04 237.59 Mdsx FOB N/A -0.35 -0.35 -0.30 -0.35 6.04 237.59 FOB SW Que -0.35 6.04 237.59 -0.35 6.04 237.59 Track 0.53 6.91 272.03N/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 6.14 241.52 Sarn-Eth 0.00 -0.30 -0.10 0.00 6.39 251.37 0.00 6.39 251.37 Cllngwd-Eth N/A N/A N/A N/A 0.50* 6.89 271.05 London-Cas N/A N/A -0.30 -0.10 N/A Pt.Colb-Cas 0.10 0.00 -0.25 0.05 6.49 255.30 0.10 6.49 255.30 Cardnl-Cas N/A N/A -0.70 -0.05 N/A W O Feed 0.61 0.60 7.00 275.48 US Rep 0.60 0.59 6.99 274.99 Toledo El. -0.06 6.32 248.95 -0.06 6.32 248.95 TRANSFER Sarnia N/A N/A Pt. Stanley N/A -0.34 6.05238 Hamilton N/A -0.34 6.05238 MID SD CRN -0.35 6.03 1/2 HI SD CRN -0.35 6.03 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0136 down 0.0027 Chicago soybeans closed moderately lower to lower. NOV11 HI 12.59 NOV12 HI 12.37 LOW 12.23 1/2 LOW 12.11 CLOSE12.25 Down 25 3/4 CLOSE 12.12 1/2 Down 20 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR12 CK Low -0.93 11.32 415.94-0.99 11.14 409.14 CK High -0.80 11.45 420.72-0.92 11.21 411.71 CK Average -0.88 -1.1511.37 417.92-0.95-1.2511.17 410.54 Essex Cty N/A N/A Mdsx Low -0.95 11.30 415.20-1.00 11.13 408.77 Mdsx High -0.80 11.45 420.72-0.85 11.28 414.29 Mdsx Average -0.88 -1.1511.38 417.96-0.93-1.2211.20 411.53 Hensall -0.85 11.40 418.88-0.88 11.25 413.37 Bruce -0.90 11.35 417.04-0.95 11.18 410.61 Putnam -0.80 11.45 420.72-0.85 11.28 414.29 Princeton N/A N/A Durham -0.98 11.27 414.10-1.03 11.10 407.67 Norfolk -0.80 11.45 420.72-0.89 11.24 412.82 Palmerston -0.90 11.35 417.04-0.90 11.23 412.45 Varna -0.90 11.35 417.04-0.90 11.23 412.45 Trenton -1.05 11.20 411.53-1.15 10.98 403.26 Winchester -1.02 11.23 412.63-1.12 11.01 404.36 North Gower N/A N/A Huron FOB -0.80 11.45 420.72-0.80 11.33 416.12 Kent FOB -0.85 11.40 418.88-0.95 11.18 410.61 Lambton FOB -0.85 11.40 418.88-0.95 11.18 410.61 Middlesex FOB-0.79-0.82-0.64-0.64 11.46 421.08-0.79 11.34 416.49 PROCESSORS Hamilton -0.50-0.50-0.50-0.45 11.75 431.74-0.55 11.58 425.31 Windsor -0.29-0.29-0.19-0.14 11.96 439.45-0.51 11.62 426.78 Winchester -0.91 11.34 416.67 N/A TRANSFER Hamilton -0.45 N/A N/A N/A 11.80 433.58-0.35 11.78 432.66 Pt. Stanley -0.90 11.35 417.04-0.80 11.33 416.12 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.22 12.03 442.030.00 12.13 445.52 Toledo El. -0.39 11.86 435.84-0.59 11.53 423.68 Bank of Canada Noon exchange rate was 1.0136 down 0.0027 Chicago wheat closed slightly lower. DEC11 HI 6.37 3/4 JUL12 HI 7.04 LOW 6.18 LOW 6.90 CLOSE 6.19 1/2 Down 5 3/4 CLOSE 6.91 1/2 Down 2 3/4 Minni wheat closed narrowly mixed. MAR12 HI 8.59 SEP12 HI 8.07 3/4 LOW 8.46 1/4 LOW 7.97 CLOSE 8.49 1/2 Up 1 CLOSE 7.98 1/4 Down 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.32 0.44 -0.32 0.39 CAD $/bu 5.87 6.64 5.87 8.89 CAD $/tonne 215.75 243.92 215.75 326.54 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 -0.75 N/A London -0.64 0.22 -0.59 N/A N/A -0.18 -0.84 N/A Hensall -0.50 N/A -0.50 N/A -0.25 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 -0.74 N/A N/A N/A -0.80 N/A Norwich -0.50 N/A -0.60 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 -0.50 N/A -0.60 N/A -0.15 N/A -0.65 N/A Chatham N/A 0.14 -0.63 N/A N/A 0.09 -0.72 N/A Brigden N/A 0.14 -0.63 N/A N/A 0.09 -0.72 N/A Palmerston N/A 0.26 -0.55 0.25 N/A 0.08 -0.83 0.10 Varna -0.55 0.35 -0.55 N/A -0.40 0.25 -0.85 N/A Mitchell -0.50 0.35 -0.45 N/A -0.25 0.15 -0.70 N/A Thornton N/A N/A N/A -1.02 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 -0.55 N/A Pt. Stanley N/A N/A -0.75 N/A N/A N/A -0.90 N/A PROCESSORS Toledo FM N/A 0.85 0.14N/A 0.27 1.09 0.27N/A Toledo El. 6.02US 6.15CA 6.79US 6.95CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.24 0.58 -0.44 0.09 CAD $/bu 6.68 7.49 6.47 8.08 CAD $/tonne 245.27 275.39 237.74 296.75 (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 378.43 - 379.53 DDG's FOB Srn, Wndr, Aylm 218.00 - 270.00