FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, October 21 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0091 down 0.0127 Chicago corn closed mixed. DEC11 HI 6.65 1/2 DEC12 HI 6.11 LOW 6.48 1/2 LOW 5.97 1/4 CLOSE6.49 1/4 Down 1/4 CLOSE 6.03 1/4 Up 3 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 6.14 241.82 -0.50 5.53 217.80 CK High -0.35 6.14 241.82 -0.50 5.53 217.80 CK Avg -0.35 -0.42 6.14 241.82 -0.50 -0.59 5.53 217.80 Essex Cty N/A N/A Mdsx Low -0.35 6.14 241.82 -0.50 5.53 217.80 Mdsx High -0.35 6.14 241.82 -0.50 5.53 217.80 Mdsx Avg -0.35 -0.42 6.14 241.82 -0.50 -0.59 5.53 217.80 Hensall -0.35 6.14 241.82 -0.50 5.53 217.80 Bruce -0.35 6.14 241.82 -0.50 5.53 217.80 Putnam -0.35 6.14 241.82 -0.50 5.53 217.80 Princeton N/A N/A Durham -0.40 6.09 239.85 -0.50 5.53 217.80 Norfolk -0.35 6.14 241.82 -0.50 5.53 217.80 Palmerston -0.35 6.14 241.82 -0.50 5.53 217.80 Varna -0.35 6.14 241.82 -0.50 5.53 217.80 Trenton 0.35 6.84 269.38 -0.55 5.48 215.84 Winchester -0.35 6.14 241.82 -0.50 5.53 217.80 North Gower N/A N/A Huron FOB -0.35 6.14 241.82 -0.45 5.58 219.77 Kent FOB -0.35 6.14 241.82 -0.50 5.53 217.80 Lamb FOB -0.35 6.14 241.82 -0.50 5.53 217.80 Mdsx FOB -0.35 -0.35 -0.35 -0.30 6.14 241.82 -0.50 5.53 217.80 FOB SW Que -0.40 6.09 239.85 -0.30 5.73 225.68 Track 0.35 6.84 269.38N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.40 5.63 221.74 Jhnstwn-Eth N/A N/A -0.30 -1.00 -0.25 5.78 227.65 Aylmer-Eth -0.25 -0.25 -0.25 -0.25 6.24 245.76 N/A Sarn-Eth 0.10 -0.30 -0.10 0.05 6.59 259.54N/A Cllngwd-Eth -0.25N/A N/A N/A 6.24 245.76-0.35* 5.68 223.71 London-Cas N/A N/A -0.30 -0.10 -0.25 5.78 227.65 Pt.Colb-Cas 0.10 0.00 -0.25 0.05 6.59 259.54 -0.20 5.83 229.62 Cardnl-Cas N/A N/A -0.70 -0.05 -0.20 5.83 229.62 W O Feed 0.58 0.57 7.07 278.43 US Rep 0.60 0.59 7.09 279.22 Toledo El. -0.03 6.46 254.40 -0.54 5.49 216.31 TRANSFER Sarnia N/A N/A Pt. Stanley -0.34 6.15 242.21N/A Hamilton -0.34 6.15242 1/5N/A MID SD CRN -0.35 6.14 1/4 HI SD CRN -0.35 6.14 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0091 down 0.0127 Chicago soybeans closed slightly to moderately lower. NOV11 HI 12.45 3/4 NOV12 HI 12.27 LOW 12.12 1/4 LOW 12.08 3/4 CLOSE12.12 1/4 Down 12 3/4 CLOSE 12.08 3/4 Down 3 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR12 CK Low -0.95 11.17 410.52-1.01 11.08 407.03 CK High -0.89 11.23 412.72-0.99 11.10 407.76 CK Average -0.92 -1.0511.20 411.62-1.00-1.1811.09 407.40 Essex Cty N/A N/A Mdsx Low -0.92 11.20 411.62-1.03 11.06 406.29 Mdsx High -0.85 11.27 414.19-0.90 11.19 411.07 Mdsx Average -0.89 -1.0111.24 412.91-0.97-1.1511.12 408.68 Hensall -0.88 11.25 413.27-0.90 11.19 411.07 Bruce -0.95 11.17 410.52-1.00 11.09 407.40 Putnam -0.85 11.27 414.19-0.90 11.19 411.07 Princeton N/A N/A Durham -0.95 11.17 410.52-1.06 11.03 405.19 Norfolk -0.84 11.28 414.56-0.93 11.16 409.97 Palmerston -0.90 11.22 412.36-0.90 11.19 411.07 Varna -0.90 11.22 412.36-0.90 11.19 411.07 Trenton -1.00 11.12 408.68-1.10 10.99 403.72 Winchester -0.89 11.23 412.72-0.99 11.10 407.76 North Gower N/A N/A Huron FOB -0.80 11.32 416.03-0.80 11.29 414.74 Kent FOB -0.89 11.23 412.72-0.99 11.10 407.76 Lambton FOB -0.89 11.23 412.72-0.99 11.10 407.76 Middlesex FOB-0.76-0.82-0.66-0.66 11.36 417.50-0.85 11.24 412.91 PROCESSORS Hamilton -0.50-0.50-0.45-0.30 11.62 427.05-0.55 11.54 423.93 Windsor -0.42-0.32-0.33-0.27 11.70 429.99-0.93 11.16 409.97 Winchester -0.80 11.32 416.03 N/A TRANSFER Hamilton -0.45 N/A N/A N/A 11.67 428.89-0.35 11.74 431.28 Pt. Stanley -0.90 11.22 412.36-0.80 11.29 414.74 Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.30 11.82 434.40-0.05 12.04 442.30 Toledo El. -0.33 11.79 433.17-0.59 11.50 422.50 Bank of Canada Noon exchange rate was 1.0091 down 0.0127 Chicago wheat closed mixed. DEC11 HI 6.49 1/2 JUL12 HI 7.15 3/4 LOW 6.28 1/4 LOW 6.95 3/4 CLOSE 6.32 Up 1 1/4 CLOSE 6.97 1/2 Down 3 1/4 Minni wheat closed slightly higher. MAR12 HI 8.67 SEP12 HI 8.15 LOW 8.49 3/4 LOW 7.99 CLOSE 8.55 Up 5 1/4 CLOSE 8.00 1/2 Up 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.39 0.37 -0.39 0.29 CAD $/bu 5.93 6.69 5.93 8.84 CAD $/tonne 218.00 245.85 218.00 324.95 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 -0.30 -0.75 N/A London -0.65 0.20 -0.55 N/A N/A -0.04 -0.70 N/A Hensall -0.40 N/A -0.30 N/A -0.25 N/A -0.70 N/A Trenton N/A N/A N/A 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 -0.80 N/A N/A N/A -0.86 N/A Norwich -0.40 N/A -0.30 N/A -0.25 N/A -0.70 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.40 N/A -0.30 N/A -0.10 N/A -0.55 N/A Chatham N/A 0.36 -0.34 N/A N/A 0.08 -0.69 N/A Brigden N/A 0.36 -0.34 N/A N/A 0.08 -0.69 N/A Palmerston N/A 0.26 -0.54 0.25 N/A 0.08 -0.82 0.10 Varna -0.55 0.35 -0.55 N/A -0.40 0.25 -0.85 N/A Mitchell -0.40 0.35 -0.30 N/A -0.25 0.15 -0.70 N/A Thornton N/A N/A N/A -1.61 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 0.78 0.17N/A 0.21 1.02 0.31N/A Toledo El. 6.14US 6.21CA 6.90US 7.00CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.30 0.51 -0.50 0.02 CAD $/bu 6.68 7.49 6.47 8.03 CAD $/tonne 245.27 275.11 237.81 294.88 (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 285.00 FOB Hm Soymeal 375.34 DDG's FOB Srn, Wndr, Aylm 218.00 - 270.00