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<DIV><FONT face="Courier New">FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, April 30<BR>(All Bases in CAD)<BR>Bank of Canada Noon exchange rate was 0.9884 up 0.0077<BR>Chicago corn closed slightly to moderately higher.</FONT></DIV>
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<DIV><FONT face="Courier New"> JUL12 HI 6.34 3/4 DEC12 HI 5.44 3/4<BR> LOW 6.20 1/2 LOW 5.34 1/2<BR> CLOSE6.34 1/4 Up 8 3/4 CLOSE 5.43 1/4 Up 4 1/2</FONT></DIV>
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<DIV><FONT face="Courier New"> OLD CROP BASIS NEW CROP BASIS<BR>Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt<BR>ELEVATORS +JUL12+JUL12+SEP12<BR>CK Low -0.45 5.89 231.98 -0.79 4.64 182.77<BR>CK High -0.45 5.89 231.98 -0.75 4.68 184.34<BR>CK Avg -0.45 -0.38 5.89 231.98 -0.76 -0.69 4.68 184.08<BR>Essex Cty -0.50 5.84 230.01 -0.80 4.63 182.37<BR>Mdsx Low -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Mdsx High -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Mdsx Avg -0.45 -0.38 5.89 231.98 -0.75 -0.69 4.68 184.34<BR>Hensall -0.48 5.87 230.99 -0.75 4.68 184.34<BR>Bruce -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Putnam -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Burford -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Port Perry -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Norfolk -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Palmerston -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Varna -0.50 5.84 230.01 -0.75 4.68 184.34<BR>Trenton -0.30 6.04 237.88 -0.75 4.68 184.34<BR>Winchester -0.15 6.19 243.79 -0.65 4.78 188.28<BR>North Gower -0.41 5.93 233.55 -0.76 4.67 183.95<BR>Huron FOB -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Kent FOB -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Lamb FOB -0.45 5.89 231.98 -0.75 4.68 184.34<BR>Mdsx FOB -0.45 -0.45 -0.40 -0.35 5.89 231.98 -0.75 4.68 184.34<BR>FOB SW Que 0.10 6.44 253.63 -0.40 5.03 198.12<BR>Track -0.10 6.24 245.76N/A<BR>PROCESSORS<BR>Chat-Eth N/A N/A N/A N/A -0.60 4.83 190.25<BR>Jhnstwn-Eth N/A N/A N/A N/A -0.50 4.93 194.18<BR>Aylmer-Eth -0.40 -0.35 0.30 0.35 5.94 233.95 -0.60 4.83 190.25<BR>Sarn-Eth N/A -0.25 -0.50 -0.55 N/A<BR>Cllngwd-Eth -0.10N/A N/A N/A 6.24 245.76-0.30* 5.13 202.06<BR>London-Cas N/A N/A 0.55 0.60 -0.50 4.93 194.18<BR>Pt.Colb-Cas N/A N/A 0.60 0.65 -0.45 4.98 196.15<BR>Cardnl-Cas N/A 0.15 0.60 0.65 -0.45 4.98 196.15<BR>W O Feed 0.11 0.12 6.45 253.87</FONT></DIV>
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<DIV><FONT face="Courier New">US Rep 0.75 0.76 7.09 279.22<BR>Toledo El. 0.17 6.51 256.31 -0.33 5.11 201.03</FONT></DIV>
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<DIV><FONT face="Courier New">TRANSFER<BR>Sarnia N/A N/A<BR>Pt. Stanley N/A N/A<BR>Hamilton -0.20 6.14241 5/6 -0.50 4.93194 1/5</FONT></DIV>
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<DIV><FONT face="Courier New">MID SD CRN -0.45 5.89 1/4 -0.77 4.66 1/4<BR>HI SD CRN -0.45 5.89 1/4 -0.75 4.68 1/4<BR>*Wet Bid</FONT></DIV>
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<DIV><BR><FONT face="Courier New">Bank of Canada Noon exchange rate was 0.9884 up 0.0077<BR>Chicago soybeans closed moderately higher.</FONT></DIV>
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<DIV><FONT face="Courier New"> JUL12 HI 15.07 NOV12 HI 13.82<BR> LOW 14.82 LOW 13.55 3/4<BR> CLOSE15.05 1/2 Up 12 CLOSE 13.81 Up 19</FONT></DIV>
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<DIV><FONT face="Courier New"> OLD CROP NEW CROP<BR>Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt<BR>ELEVATORS +JUL1+JUL1+AUG12<BR>CK Low -1.05 14.01 514.60-1.06 12.75 468.48<BR>CK High -0.95 14.11 518.27-0.95 12.86 472.52<BR>CK Average -1.00 -0.8314.05 516.37-1.02-0.8612.79 469.95<BR>Essex Cty -0.75 14.31 525.62-0.82 12.99 477.30<BR>Mdsx Low -1.05 14.01 514.60-1.05 12.76 468.85<BR>Mdsx High -0.96 14.10 517.90-0.99 12.82 471.05<BR>Mdsx Average -1.01 -0.8314.05 516.25-1.02-0.8612.79 469.95<BR>Hensall -1.03 14.03 515.51-1.05 12.76 468.85<BR>Bruce -1.05 14.01 514.60-1.05 12.76 468.85<BR>Putnam -0.95 14.11 518.27-1.00 12.81 470.69<BR>Burford -0.96 14.10 517.90-0.99 12.82 471.05<BR>Port Perry -0.99 14.07 516.80-1.02 12.79 469.95<BR>Norfolk -0.94 14.12 518.64-1.01 12.80 470.32<BR>Palmerston -0.99 14.07 516.80-1.05 12.76 468.85<BR>Varna -1.00 14.06 516.43-1.05 12.76 468.85<BR>Trenton -1.05 14.01 514.60-1.00 12.81 470.69<BR>Winchester -0.97 14.09 517.54-0.90 12.91 474.36<BR>North Gower -1.04 14.02 514.96-0.83 12.98 476.93<BR>Huron FOB -0.85 14.21 521.94-0.95 12.86 472.52<BR>Kent FOB -0.98 14.08 517.17-1.06 12.75 468.48<BR>Lambton FOB -0.98 14.08 517.17-1.06 12.75 468.48<BR>Middlesex FOB-0.80-0.80-0.75 N/A 14.26 523.78-0.79 13.02 478.40</FONT></DIV>
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<DIV><FONT face="Courier New">PROCESSORS<BR>Hamilton -0.44-0.44-0.40-0.15 14.62 537.01-0.45 13.36 490.90<BR>Windsor -0.52-0.52-0.51 N/A 14.54 534.07-0.59 13.22 485.75<BR>Winchester -0.92 14.14 519.37-0.88 12.93 475.10</FONT></DIV>
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<DIV><FONT face="Courier New">TRANSFER<BR>Hamilton -0.50 N/A N/A N/A 14.56 534.80-0.38 13.43 493.47<BR>Pt. Stanley N/A N/A<BR>Sarnia N/A N/A<BR>Owen Sound N/A N/A<BR>Sorel QC -0.20 14.86 545.83-0.03 13.78 506.33</FONT></DIV>
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<DIV><FONT face="Courier New">Toledo El. -0.28 14.78 543.01-0.33 13.48 495.45</FONT></DIV>
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<DIV><BR><FONT face="Courier New">Bank of Canada Noon exchange rate was 0.9884 up 0.0077<BR>Chicago wheat closed slightly higher.<BR>JUL12 HI 6.55 1/2 JUL12 HI 6.55 1/2<BR> LOW 6.40 1/4 LOW 6.40 1/4<BR> CLOSE 6.54 1/2 Up 4 1/2 CLOSE 6.54 1/2 Up 4 1/2</FONT></DIV>
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<DIV><FONT face="Courier New">Minni wheat closed slightly higher.<BR>JUL12 HI 7.86 1/2 SEP12 HI 7.85<BR> LOW 7.70 LOW 7.70<BR> CLOSE 7.83 1/2 Up 4 3/4 CLOSE 7.82 3/4 Up 4 1/4</FONT></DIV>
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<DIV><FONT face="Courier New">GFO Cash Wheat Prices - DEL Terminal<BR>Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<BR>Basis -0.27 0.47 -0.22 -0.49<BR>CAD $/bu 6.27 7.01 6.32 7.35<BR>CAD $/tonne 230.42 257.66 232.24 270.00</FONT></DIV>
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<DIV><BR><FONT face="Courier New">Direct MarkHarvest 2011 Harvest 2012<BR> DELIVERED BASIS DELIVERED BASIS<BR>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<BR>ELEVATORS<BR>Brgssvll N/A N/A -0.78 N/A N/A 0.15 -0.60 N/A<BR>London -0.66 -0.02 -0.66 N/A -0.07 0.13 -0.62 N/A<BR>Hensall -0.70 N/A -0.70 N/A 0.05 N/A -0.60 N/A<BR>Trenton N/A N/A N/A N/A N/A N/A -0.55 N/A<BR>Winchester N/A N/A N/A N/A N/A N/A N/A -0.38<BR>Essex N/A N/A -0.66 N/A N/A N/A -0.66 N/A<BR>Norwich -0.70 N/A -0.70 N/A 0.05 N/A -0.60 N/A<BR>Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A<BR>Kent Bridge -0.70 N/A -0.70 N/A 0.05 N/A -0.65 N/A<BR>Chatham N/A N/A -0.68 N/A N/A 0.00 -0.72 N/A<BR>Brigden N/A N/A -0.68 N/A N/A 0.00 -0.72 N/A<BR>Palmerston N/A 0.06 -0.73 -0.49 N/A 0.19 -0.60 -0.82<BR>Varna -0.70 0.00 -0.70 N/A 0.05 0.25 -0.60 N/A<BR>Mitchell -0.65 0.05 -0.65 N/A 0.05 0.25 -0.60 N/A<BR>Thornton N/A N/A N/A -0.72 N/A N/A N/A N/A<BR>North Gower N/A N/A N/A N/A N/A N/A N/A -0.40</FONT></DIV>
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<DIV><FONT face="Courier New">TERMINAL<BR>Sarnia N/A N/A N/A N/A N/A N/A N/A N/A<BR>Hamilton N/A N/A -0.15 N/A N/A N/A -0.15 N/A<BR>Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A</FONT></DIV>
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<DIV><FONT face="Courier New">PROCESSORS<BR>Toledo FM N/A N/A 0.04N/A 0.47 0.91 0.27N/A</FONT></DIV>
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<DIV><FONT face="Courier New">Toledo El. 6.46US 6.38CA 6.62US 6.54CA</FONT></DIV>
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<DIV><FONT face="Courier New">GFO Contract Wheat Prices - DEL Terminal<BR>Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<BR>Basis 0.07 0.62 -0.18 -0.54<BR>CAD $/bu 6.62 7.16 6.37 7.29<BR>CAD $/tonne 243.13 263.10 234.05 267.92</FONT></DIV>
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<DIV><FONT face="Courier New">(C)-Basis over the Chicago Board of Trade futures<BR>(M)-Basis over the Minneapolis Grain Exchange</FONT></DIV>
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<DIV><FONT face="Courier New">FEED GRAINS<BR>Bayport Wheat 305.00 - 325.00<BR>Bayport Oats 325.00<BR>Bayport Barley 305.00<BR>FOB Hm Soymeal 488.88 - 493.29<BR>DDG's FOB Srn, Wndr, Aylm 200.00 - 240.00<BR></DIV>
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<DIV>John Jordan<BR>Editor, AgriLink and Farm Market News<BR>University of Guelph, Ridgetown Campus<BR>Tel. 519-674-1500 x 63577</DIV>
<DIV>Fax. 519-674-1530<BR>E-mail: jjordan@ridgetownc.uoguelph.ca<BR>AgriLink website : www.ridgetownc.com/agrilink </DIV></FONT></DIV></BODY></HTML>