FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 6 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0117 down 0.0024 Chicago corn closed slightly higher. MAR12 HI 5.97 DEC12 HI 5.56 LOW 5.80 LOW 5.44 1/4 CLOSE5.96 1/2 Up 5 1/2 CLOSE 5.56 Up 2 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR12+MAR12+MAY12 CK Low -0.40 5.57 219.08 -0.55 5.01 197.23 CK High -0.35 5.62 221.05 -0.50 5.06 199.20 CK Avg -0.36 -0.43 5.61 220.72 -0.51 -0.60 5.05 198.88 Essex Cty -0.40 5.57 219.08 -0.50 5.06 199.20 Mdsx Low -0.40 5.57 219.08 -0.50 5.06 199.20 Mdsx High -0.35 5.62 221.05 -0.50 5.06 199.20 Mdsx Avg -0.38 -0.45 5.59 220.07 -0.50 -0.59 5.06 199.20 Hensall -0.35 5.62 221.05 -0.50 5.06 199.20 Bruce -0.35 5.62 221.05 -0.50 5.06 199.20 Putnam -0.35 5.62 221.05 -0.50 5.06 199.20 Princeton -0.40 5.57 219.08 -0.50 5.06 199.20 Durham -0.45 5.52 217.12 -0.55 5.01 197.23 Norfolk -0.35 5.62 221.05 -0.50 5.06 199.20 Palmerston -0.40 5.57 219.08 -0.50 5.06 199.20 Varna -0.35 5.62 221.05 -0.50 5.06 199.20 Trenton -0.30 5.67 223.02 -0.55 5.01 197.23 Winchester -0.35 5.62 221.05 -0.50 5.06 199.20 North Gower -0.21 5.76 226.56 -0.19 5.37 211.41 Huron FOB -0.15 5.82 228.93 -0.45 5.11 201.17 Kent FOB -0.35 5.62 221.05 -0.50 5.06 199.20 Lamb FOB -0.35 5.62 221.05 -0.50 5.06 199.20 Mdsx FOB -0.40 -0.35 -0.30N/A 5.57 219.08 -0.50 5.06 199.20 FOB SW Que 0.00 5.97 234.83 -0.10 5.46 214.95 Track 0.15 6.12 240.74N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.50 5.06 199.20 Jhnstwn-Eth -0.25 0.25 0.30 0.35 5.72 224.99 -0.25 5.31 209.05 Aylmer-Eth -0.05 0.05 0.10 0.05 5.92 232.86 N/A Sarn-Eth 0.00 0.05 0.10 0.05 5.97 234.83N/A Cllngwd-Eth N/A N/A N/A N/A -0.30* 5.26 207.08 London-Cas -0.05 -0.05 0.00 0.00 5.92 232.86 -0.30 5.26 207.08 Pt.Colb-Cas -0.05 0.10 0.15 0.15 5.92 232.86 -0.25 5.31 209.05 Cardnl-Cas -0.40 0.10 0.15 0.15 5.57 219.08 -0.25 5.31 209.05 W O Feed 0.18 0.17 6.15 241.92 US Rep 0.70 0.69 6.67 262.39 Toledo El. -0.03 5.93 233.64 -0.44 5.12 201.68 TRANSFER Sarnia N/A N/A Pt. Stanley -0.40 5.57 219.08N/A Hamilton -0.15 5.82229 -0.30 5.26207 MID SD CRN -0.37 1/2 5.59 HI SD CRN -0.35 5.61 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0117 down 0.0024 Chicago soybeans closed slightly higher. JAN12 HI 11.31 3/4 NOV12 HI 11.55 LOW 11.20 1/4 LOW 11.43 3/4 CLOSE11.29 1/2 Up 3 1/4 CLOSE 11.54 1/2 Up 5 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY12 CK Low -0.68 10.62 390.03-0.87 10.68 392.24 CK High -0.55 10.75 394.81-0.70 10.85 398.49 CK Average -0.64 -0.7810.65 391.44-0.81-1.0010.73 394.38 Essex Cty -0.54 10.76 395.18-0.84 10.71 393.34 Mdsx Low -0.68 10.62 390.03-0.85 10.70 392.97 Mdsx High -0.65 10.65 391.14-0.83 10.72 393.71 Mdsx Average -0.67 -0.8010.63 390.59-0.84-1.0310.71 393.34 Hensall -0.68 10.62 390.22-0.85 10.70 392.97 Bruce -0.65 10.65 391.14-0.85 10.70 392.97 Putnam -0.65 10.65 391.14-0.85 10.70 392.97 Princeton -0.68 10.62 390.03-0.83 10.72 393.71 Durham -0.71 10.59 388.93-0.86 10.69 392.61 Norfolk -0.60 10.70 392.97-0.79 10.76 395.18 Palmerston -0.70 10.60 389.30-0.85 10.70 392.97 Varna -0.70 10.60 389.30-0.85 10.70 392.97 Trenton -0.65 10.65 391.14-0.85 10.70 392.97 Winchester -0.65 10.65 391.14-0.75 10.80 396.65 North Gower 0.03 11.33 416.12 N/A Huron FOB -0.55 10.75 394.81-0.75 10.80 396.65 Kent FOB -0.65 10.65 391.14-0.85 10.70 392.97 Lambton FOB -0.65 10.65 391.14-0.85 10.70 392.97 Middlesex FOB-0.32-0.42-0.47 N/A 10.98 403.26-0.77 10.78 395.91 PROCESSORS Hamilton 0.05 -0.15-0.20-0.20 11.35 416.86-0.30 11.25 413.18 Windsor -0.31-0.26-0.30-0.25 10.99 403.63-0.62 10.93 401.43 Winchester -0.52 10.78 395.91-0.58 10.97 402.89 TRANSFER Hamilton 0.20 N/A N/A N/A 11.50 422.37-0.35 11.20 411.35 Pt. Stanley -0.35 10.95 402.16 N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.50 11.80 433.390.05 11.60 426.04 Toledo El. -0.25 11.04 405.72-0.59 10.96 402.55 Bank of Canada Noon exchange rate was 1.0117 down 0.0024 Chicago wheat closed slightly higher. MAR12 HI 6.17 JUL12 HI 6.50 LOW 6.00 1/4 LOW 6.32 3/4 CLOSE 6.13 Up 1 1/2 CLOSE 6.47 1/4 Up 5 Minni wheat closed slightly higher. MAR12 HI 8.38 SEP12 HI 7.93 LOW 8.23 LOW 7.78 1/2 CLOSE 8.32 Up 1 1/4 CLOSE 7.87 Up 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.13 0.73 0.13 -0.15 CAD $/bu 6.00 6.86 6.26 8.17 CAD $/tonne 220.58 252.20 229.88 300.18 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 0.40 -0.15 N/A N/A 0.50 -0.25 N/A London -0.22 0.59 -0.12 N/A N/A 0.44 -0.32 N/A Hensall -0.10 N/A -0.15 N/A 0.00 N/A -0.25 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 N/A N/A N/A N/A 0.00 Essex N/A N/A -0.17 N/A N/A N/A -0.35 N/A Norwich -0.10 N/A -0.15 N/A 0.00 N/A -0.25 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.10 N/A -0.10 N/A 0.00 N/A -0.25 N/A Chatham N/A 0.39 -0.11 N/A N/A 0.49 -0.34 N/A Brigden N/A 0.39 -0.11 N/A N/A 0.49 -0.34 N/A Palmerston N/A 0.60 -0.21 -0.29 N/A 0.50 -0.32 -0.19 Varna -0.15 0.70 -0.15 N/A 0.20 0.80 -0.25 N/A Mitchell -0.10 0.60 -0.15 N/A 0.00 0.70 -0.25 N/A Thornton N/A N/A N/A -0.43 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 0.20 N/A N/A N/A -0.50 N/A Pt. Stanley N/A N/A -0.25 N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A 0.78 0.28N/A 0.21 1.02 0.31N/A Toledo El. 5.95US 6.02CA 6.44US 6.55CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.00 0.82 -0.20 0.18 CAD $/bu 6.48 7.29 6.27 8.05 CAD $/tonne 237.96 267.83 230.49 295.74 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 - 295.00 Bayport Oats 315.00 Bayport Barley 285.00 FOB Hm Soymeal 340.73 - 342.93 DDG's FOB Srn, Wndr, Aylm 170.00 - 210.00