[Link].

com/economics

TD Economics
Weekly Commodity Price Report
May 19, 2009

HIGHLIGHTS
• Crude oil prices hovered around US$58 per barrel Shanghai Futures Exchange soared by 28% on the
last week. The extremely bullish U.S. inventory report week, while industrial production in China advanced
was offset by another round of downward demand at a slower-than-expected pace in April. Weak eco-
revisions from the EIA, OPEC and the IEA, with the nomic data out of the U.S. also weighed on prices.
latter forecasting the sharpest drop in consumption • An uptick in demand drove uranium prices up 11%
since 1981. last week, breaching the US$50 mark for the first time
• Extending the rally from the week prior, natural gas since January. Over the past year, uranium prices
prices shot up 11.8% last week. While the uptrend have experienced a similar jump in prices three times,
was largely due to spillover from other markets, before resuming a downward trend. Hence, it is too
the fundamentals in the natural gas market remain early to determine whether this 5-week uptrend will
extremely weak. Once again, the EIA downgraded be sustained.
their demand forecast, and U.S. inventories continue • Hog prices were up 9.3% on the week, driven largely
to build steadily. Furthermore, the massive reduction by gains seen early in the week as concerns re-
in global demand will force LNG imports to rise as garding the relationship between the H1N1 flu and
Storage capacity is limited elsewhere. pork consumption eased. Prices were relatively flat
• Copper prices slid 4.7% last week, on signs that the throughout the rest of the week, and are down 21.3%
Chinese market is well supplied. Inventories on the from year-ago levels.

Dina Cover 416-982-2555

SUMMARY FOR WEEK ENDING FRIDAY, MAY 1th

LATEST WK PRIOR WK % CHG. 1-WK % CHG. -WKS % CHG. 2-WKS 2-WK HIGH 2-WK-LOW
TDCI US$ Index (1997=100) 180.1 172. . 11.8 -0. 0. 1.0
US$ Sub-Indices
Forest Products 84.3 85.2 -1.1 -1.3 -19.2 109.0 84.3
Energy 220.4 206.6 6.7 17.2 -57.7 602.7 177.3
Non-Prec. Metals & Minerals 160.9 160.1 0.5 4.9 -44.2 284.4 130.3
Precious Metals 279.4 273.8 2.1 5.2 1.9 303.5 219.1
Agricultural Products 145.0 145.0 2.7 5.6 -27.7 200.4 131.8
Biggest Movers this Week (per cent)
Ĺ Natural Gas 4.23 3.78 11.8 19.2 -62.7 13.2 3.3
Ĺ Uranium 51.00 46.00 10.9 25.9 -15.0 64.5 40.0
Ĺ Hogs 62.70 57.37 9.3 -1.2 -21.3 86.4 54.7
Ĺ Crude Oil 58.07 56.00 3.7 16.6 -53.5 142.5 32.4
Ĺ Silver 14.06 13.58 3.5 11.6 -16.7 18.8 9.5
Ĺ Barley 143.42 139.10 3.1 9.1 -40.5 255.9 121.9
Ļ Zinc 66.93 69.75 -4.0 0.9 -34.7 99.6 48.2
Ļ Copper 202.45 212.52 -4.7 -5.1 -46.5 398.1 128.9

Weekly Commodity Price Report  May 19, 2009

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TD COMMODITY PRICE INDEX (TDCI) TDCI - ENERGY

Index, 1997=100 Index, 1997=100
430 700

380 600
Overall TDCI
330
500
280
400
230
300
180
TDCI Ex. Energy
130 200

80 100
May-08 Aug-08 Nov-08 Jan-09 Apr-09 May-08 Aug-08 Nov-08 Jan-09 Apr-09

Last week plotted: May 15, 2008. Source: TD Economics. Last week plotted: May 15, 2008. Source: GlobalCoal, WSJ / Haver Analytics.

TDCI- NON-PRECIOUS METALS & MINERALS TDCI - PRECIOUS METALS

Index, 1997=100 Index, 1997=100
300 350
280
260 300
240
220 250
200
180 200
160
140 150
120
100 100
May-08 Aug-08 Nov-08 Jan-09 Apr-09 May-08 Aug-08 Nov-08 Jan-09 Apr-09

Last week plotted: May 15, 2008. Source: FT / Haver Analytics, Ux Weekly. Last week plotted: May 15, 2008. Source: WSJ / Haver Analytics.

TDCI - FOREST PRODUCTS TDCI - AGRICULTURAL PRODUCTS

Index, 1997=100 Index, 1997=100
110 260

240
105
220
100
200

95 180

160
90
140
85
120

80 100
May-08 Aug-08 Nov-08 Jan-09 Apr-09 May-08 Aug-08 Nov-08 Jan-09 Apr-09
Last week plotted: May 15, 2008. Source: Random Lengths, Pulp & Paper Weekly. Last week plotted: May 15, 2008. Source: WCE, WSJ / Haver Analytics.

Weekly Commodity Price Report  May 19, 2009

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TD COMMODITY PRICE INDICES (TDCI)

US$ SUB-INDICES C$ SUB-INDICES
TDCI- TDCI-
US$ NON- C$ NON-
TDCI- INDEX FOREST PREC- PREC AGRI. TDCI- INDEX FOREST PREC- PREC AGRI.
US$ ex- PROD- IOUS METALS PROD- C$ ex- PROD- IOUS METALS PROD-
1997=100 INDEX energy UCTS ENERGY METALS & MIN. UCTS INDEX energy UCTS ENERGY METALS & MIN. UCTS C$/ US$
ANNUAL AVG
2003 140.8 92.9 83.8 184.4 108.6 98.2 99.2 197.6 130.4 117.6 258.7 152.4 137.7 139.2 1.40
2004 168.6 114.2 100.4 218.0 125.1 135.1 105.2 219.3 148.5 130.6 283.6 162.8 175.8 136.8 1.30
2005 222.9 123.2 102.1 313.4 136.2 158.3 105.6 270.0 149.3 123.6 379.6 164.9 191.8 127.9 1.21
2006 227.3 158.9 101.8 289.4 188.4 255.6 110.6 257.7 180.2 115.5 328.2 213.7 289.9 125.5 1.13
2007 252.1 189.9 98.0 308.6 217.3 337.8 141.2 270.0 204.2 105.3 329.7 232.4 364.1 150.4 1.07
2008 263.3 163.4 98.3 354.1 269.2 220.7 171.1 284.5 178.6 108.7 380.8 298.0 238.1 186.8 1.11
YTD 2009 164.6 130.0 88.3 196.0 271.3 142.2 138.5 202.5 160.0 108.8 241.1 334.3 175.0 170.6 1.23

WEEKLY AVG
05-Dec-08 188.1 130.7 99.1 240.2 228.2 145.1 133.3 236.6 164.4 124.6 302.1 286.9 182.5 167.6 1.26
12-Dec-08 178.4 129.3 97.0 223.1 237.5 140.2 134.0 222.6 161.3 121.0 278.2 296.2 174.9 167.2 1.25
19-Dec-08 172.6 129.8 95.5 211.5 251.7 137.0 139.6 210.2 158.1 116.3 257.5 306.4 166.8 170.0 1.22
26-Dec-08 162.2 130.8 95.1 190.6 256.0 138.0 142.5 197.3 159.2 115.7 232.0 311.5 168.0 173.4 1.22
02-Jan-09 176.8 132.0 94.4 217.5 260.3 141.3 142.9 215.3 160.7 114.9 264.9 317.0 172.1 174.0 1.22
09-Jan-09 182.6 134.7 93.7 226.1 253.6 151.7 146.1 217.0 160.1 111.3 268.6 301.3 180.2 173.6 1.19
16-Jan-09 166.6 129.6 92.6 200.2 245.7 141.6 140.7 206.1 160.3 114.6 247.7 304.0 175.2 174.0 1.24
23-Jan-09 166.3 129.5 91.7 199.7 255.4 139.5 140.7 209.6 163.2 115.6 251.7 322.0 175.9 177.3 1.26
30-Jan-09 166.2 130.1 91.2 199.0 270.2 137.8 140.8 203.3 159.1 111.5 243.4 330.4 168.5 172.2 1.22
06-Feb-09 164.9 130.6 89.7 196.0 273.6 140.6 140.3 203.5 161.1 110.7 241.9 337.6 173.6 173.2 1.23
13-Feb-09 159.3 130.3 89.9 185.7 278.5 138.6 138.7 197.1 161.2 111.3 229.7 344.5 171.5 171.5 1.24
20-Feb-09 154.0 128.3 89.8 177.3 292.5 131.6 132.0 193.6 161.3 112.9 222.9 367.7 165.4 166.0 1.26
27-Feb-09 157.0 127.7 89.6 183.6 291.0 130.3 131.8 196.8 160.1 112.3 230.2 364.9 163.4 165.2 1.25
06-Mar-09 158.7 126.2 87.8 188.3 277.0 131.9 132.6 204.2 162.3 113.0 242.2 356.5 169.7 170.6 1.29
13-Mar-09 157.5 126.1 87.4 185.9 275.3 132.5 133.5 202.4 162.1 112.3 239.0 353.9 170.2 171.6 1.29
20-Mar-09 161.9 127.7 86.5 193.0 278.7 136.1 136.8 203.6 160.6 108.8 242.6 350.3 171.1 172.0 1.26
27-Mar-09 167.3 128.1 86.4 203.0 281.4 137.4 135.1 206.0 157.6 106.3 249.9 346.3 169.2 166.3 1.23
03-Apr-09 160.5 126.9 84.7 191.1 274.9 137.8 135.8 200.8 158.7 105.9 239.0 343.8 172.4 169.9 1.25
10-Apr-09 161.0 128.3 85.1 190.7 263.6 144.1 138.1 198.6 158.3 105.0 235.2 325.0 177.7 170.3 1.23
17-Apr-09 161.1 131.4 85.4 188.1 265.5 153.4 137.3 195.1 159.1 103.4 227.8 321.6 185.8 166.3 1.21
24-Apr-09 157.6 130.9 85.9 181.7 267.5 149.0 140.5 193.7 160.9 105.6 223.4 328.8 183.2 172.7 1.23
01-May-09 159.5 130.9 85.7 185.5 268.4 148.5 141.2 191.9 157.5 103.1 223.1 323.0 178.6 169.9 1.20
08-May-09 172.4 134.7 85.2 206.6 273.8 160.1 141.1 201.9 157.8 99.8 241.9 320.6 187.5 165.2 1.17
15-May-09 180.1 135.7 84.3 220.4 279.4 160.9 145.0 210.4 158.6 98.5 257.6 326.5 188.0 169.4 1.17

Latest week, % chg. from

Week ago 4.5 0.7 -1.1 6.7 2.1 0.5 2.7 4.2 0.5 -1.3 6.5 1.8 0.3 2.5 -0.2
4 weeks ago 11.8 3.3 -1.3 17.2 5.2 4.9 5.6 7.9 -0.3 -4.8 13.1 1.5 1.2 1.9 -3.5
52 weeks ago -50.6 -29.3 -19.2 -57.7 1.9 -44.2 -27.7 -42.2 -17.4 -5.6 -50.6 19.1 -34.8 -15.6 16.8
% Chg. YTD -48.4 -33.8 -10.9 -54.5 -4.8 -52.5 -35.3 -36.9 -19.0 9.1 -44.3 16.6 -42.0 -20.8 22.4
52-week low 154.0 126.1 84.3 177.3 219.1 130.3 131.8 191.9 157.5 95.9 222.9 248.7 163.4 162.4 0.98
52-week high 405.5 192.0 109.0 602.7 303.5 284.4 200.4 413.0 208.2 126.7 613.9 367.7 325.7 260.6 1.29
FORECAST
Annual 2009 166.4 125.3 94.2 203.7 232.5 138.6 122.2 206.7 155.7 117.1 253.0 288.8 172.2 151.8 1.24
Annual 2010 219.7 141.5 100.8 290.6 224.8 177.0 136.4 249.5 160.8 114.5 330.1 255.5 201.0 154.9 1.14
Dec 2009 183.8 130.6 95.1 232.1 240.7 150.7 125.0 202.2 143.7 104.6 255.3 264.8 165.8 137.5 1.10
Dec 2010 237.3 148.1 105.1 318.3 211.8 192.6 143.1 265.7 165.8 117.8 356.5 237.2 215.7 160.3 1.12

Weekly Commodity Price Report  May 19, 2009

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COMMODITY PRICES*: AVERAGE LEVELS (1)

FOREST PRODUCTS ENERGY PRECIOUS METALS
LUMBER PULP NEWSPRINT OIL NAT GAS COAL GOLD SILVER
ANNUAL AVG
2003 309.09 554.62 504.81 31.16 5.51 28.13 365.38 4.95
2004 405.08 642.12 552.02 41.69 5.88 55.19 409.41 6.71
2005 387.35 646.27 611.86 56.85 8.92 48.91 445.46 7.36
2006 327.02 721.83 666.83 66.12 6.74 50.29 604.03 11.58
2007 283.79 821.12 593.58 72.74 6.98 65.69 699.01 13.44
2008 253.33 863.98 700.77 100.15 8.88 128.96 872.53 15.05
YTD 2009 200.60 677.78 709.50 45.99 4.29 69.93 903.10 12.68

WEEKLY AVG
05-Dec-08 225.00 793.64 765.00 45.50 6.44 76.09 769.30 9.49
12-Dec-08 221.00 758.90 765.00 44.71 5.69 78.25 798.30 10.17
19-Dec-08 213.00 743.75 765.00 39.65 5.67 77.81 845.05 10.87
26-Dec-08 210.00 742.21 765.00 32.37 5.42 80.56 859.94 11.01
02-Jan-09 209.00 740.01 755.00 42.50 5.66 79.19 874.83 11.15
09-Jan-09 207.00 728.77 755.00 44.51 5.85 81.44 850.65 11.06
16-Jan-09 203.00 715.50 755.00 36.91 5.40 81.46 823.75 10.77
23-Jan-09 197.00 709.84 755.00 42.18 4.80 88.19 854.25 11.45
30-Jan-09 193.00 707.25 755.00 42.52 4.75 83.15 902.95 12.21
06-Feb-09 191.00 701.11 735.00 40.50 4.84 78.17 912.15 12.62
13-Feb-09 199.00 688.09 735.00 36.91 4.71 80.28 924.30 13.34
20-Feb-09 200.00 682.27 735.00 36.99 4.32 76.34 968.80 14.25
27-Feb-09 199.00 680.37 735.00 41.81 4.16 65.32 967.40 13.74
06-Mar-09 197.00 679.34 705.00 43.26 4.24 61.70 921.70 13.00
13-Mar-09 198.00 667.67 705.00 45.68 3.88 62.10 915.60 12.97
20-Mar-09 193.00 661.14 705.00 49.46 3.83 60.30 927.75 13.00
27-Mar-09 192.00 660.23 705.00 53.09 3.92 61.39 932.85 13.59
03-Apr-09 196.00 657.17 665.00 50.32 3.64 60.79 914.35 12.92
10-Apr-09 202.00 652.70 665.00 50.46 3.60 63.24 877.63 12.28
17-Apr-09 208.00 645.38 665.00 49.80 3.55 63.12 882.38 12.59
24-Apr-09 212.00 646.00 665.00 47.83 3.45 63.11 891.35 12.41
01-May-09 210.00 647.15 665.00 51.07 3.29 62.26 892.90 12.61
08-May-09 206.00 646.06 665.00 56.00 3.78 63.70 904.75 13.58
15-May-09 200.00 639.45 665.00 58.07 4.23 63.33 921.75 14.06

Latest week, % chg. from

Week ago -2.9 -1.0 0.0 3.7 11.8 -0.6 1.9 3.5
4 weeks ago -3.8 -0.9 0.0 16.6 19.2 0.3 4.5 11.6
52 weeks ago -27.8 -27.3 -2.2 -53.5 -62.7 -53.0 4.9 -16.7
% Chg. YTD -19.6 -22.8 11.4 -55.8 -53.6 -42.2 -1.2 -27.3
52-week low 191.00 639.45 665.00 32.37 3.29 60.30 734.50 9.48
52-week high 285.00 890.30 775.00 142.46 13.19 194.79 971.35 18.83
FORECAST
Annual Avg 2009 195.75 657.50 666.25 41.75 4.16 65.00 928.75 12.93
Annual Avg 2010 238.75 675.00 620.00 48.00 4.75 74.25 856.25 12.64
Dec 2009 200.00 640.00 600.00 40.00 4.20 65.00 935.00 13.00
Dec 2010 280.00 700.00 650.00 55.00 5.15 80.00 800.00 12.50

*MEASURES & QUOTED PRICES ( $ is US$ unless stated otherwise; WEIGHT

C$ prices converted to US$ using daily C$/US$ exchange rate ). ( per cent )
FOREST PRODUCTS 21.1
Lumber: Random Lengths' Framing Lumber Composite ($/1000 Bd Ft) 9.5
Pulp: NBSK, delivered in east U.S. ($/mt) 5.7
Newsprint: New York ($/mt) 5.9
ENERGY 2.
Oil: Domestic Spot Market Price: West Texas Intermediate, Cushing ($/Barrel) 23.6
Natural Gas: Henry Hub, LA ($/mmbtu) 27.2
Coal: Austr. Therm ($/mt) 1.6
PRECIOUS METALS .
Silver: Cash price: Silver, Troy Oz, Handy & Harman Base Price ($/Troy oz) 0.5
Gold: Cash Price: London Gold Bullion, PM Fix ($/Troy oz) 4.0
Sources: WSJ, FT, Ux Weekly, Random Lenghts, Pulp & Paper Weekly, Overall TDCI weights based on
GlobalCoal, Comtex, WCE, FRBNY / Haver Analytics. Canadian exports 2003-05

Weekly Commodity Price Report  May 19, 2009

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COMMODITY PRICES**: AVERAGE LEVELS (2)

NON-PRECIOUS METALS & MINERALS AGRICULTURAL PRODUCTS
ALUM COPPER NICKEL ZINC URANIUM WHEAT BARLEY CANOLA CATTLE HOGS
ANNUAL AVG
2003 65.16 81.53 4.47 37.81 11.71 177.34 104.35 272.34 82.87 55.72
2004 78.13 130.92 6.25 47.74 18.80 186.84 98.89 282.81 81.45 53.26
2005 86.22 167.60 6.69 62.90 29.06 197.76 91.41 238.41 87.24 68.41
2006 116.49 305.10 11.01 148.56 47.77 216.58 108.71 268.54 86.19 64.19
2007 119.49 322.97 16.82 146.82 98.72 302.78 175.70 396.64 93.95 65.53
2008 117.00 316.94 9.61 85.33 63.76 455.65 202.26 530.68 93.81 66.13
YTD 2009 63.15 170.22 4.91 56.81 46.04 321.69 132.60 371.51 84.34 60.89

WEEKLY AVG
5-Dec-08 71.74 153.85 4.24 51.93 55.00 316.95 127.71 309.23 84.47 58.14
12-Dec-08 66.96 142.00 4.40 48.90 54.00 319.99 127.01 319.83 83.19 58.12
19-Dec-08 64.99 134.31 4.41 48.17 53.00 332.63 136.66 334.59 85.00 62.50
26-Dec-08 67.71 128.93 4.41 50.81 53.00 341.82 140.85 344.95 86.33 61.08
2-Jan-09 66.34 131.84 4.89 51.44 53.00 344.04 139.60 351.23 86.13 59.73
9-Jan-09 69.81 147.63 5.55 56.73 53.00 347.34 144.44 375.80 86.47 63.59
16-Jan-09 65.73 146.38 4.74 55.47 51.00 334.71 133.03 363.14 83.59 60.96
23-Jan-09 60.57 145.25 4.98 52.57 51.00 336.73 133.12 362.15 83.30 59.79
30-Jan-09 59.51 146.38 5.11 50.31 48.00 341.01 136.24 365.24 81.93 57.20
6-Feb-09 62.27 149.27 5.18 51.36 48.00 337.61 131.11 364.10 83.26 57.50
13-Feb-09 62.22 155.31 4.85 51.72 47.00 326.44 129.34 371.61 84.45 57.36
20-Feb-09 58.65 146.34 4.45 49.19 47.00 301.13 126.33 352.11 81.96 61.18
27-Feb-09 58.14 150.37 4.40 49.44 45.00 304.26 125.20 349.03 81.80 58.34
6-Mar-09 58.52 160.41 4.41 52.07 43.75 303.07 121.86 342.64 84.46 61.17
13-Mar-09 58.79 163.58 4.37 54.78 43.50 307.88 124.49 345.02 83.10 61.64
20-Mar-09 61.69 172.60 4.49 55.30 42.50 314.53 130.29 362.29 84.51 62.47
27-Mar-09 62.80 179.89 4.37 57.19 42.50 304.72 135.50 366.63 85.26 60.89
3-Apr-09 62.19 182.39 4.44 58.57 42.00 312.31 133.03 362.77 84.02 60.21
10-Apr-09 65.09 197.41 4.84 60.35 40.00 318.05 130.22 373.21 86.47 59.16
17-Apr-09 66.19 213.41 5.49 66.36 40.50 305.02 131.46 383.20 87.72 63.44
24-Apr-09 64.13 203.09 5.22 64.35 42.00 310.86 129.52 389.14 87.79 70.64
1-May-09 64.57 197.80 5.08 62.37 44.00 323.21 134.64 398.39 85.46 62.46
8-May-09 68.43 212.52 5.69 69.75 46.00 327.07 139.10 420.09 82.13 57.37
15-May-09 67.43 202.45 5.72 66.93 51.00 333.84 143.42 432.45 83.03 62.70

Latest week, % chg. from

Week ago -1.5 -4.7 0.4 -4.0 10.9 2.1 3.1 2.9 1.1 9.3
4 weeks ago 1.9 -5.1 4.0 0.9 25.9 9.4 9.1 12.9 -5.3 -1.2
52 weeks ago -49.0 -46.5 -52.5 -34.7 -15.0 -32.0 -40.5 -29.3 -12.1 -21.3
% Chg. YTD -50.2 -53.3 -62.1 -47.0 -38.2 -44.9 -38.5 -39.0 -7.7 -2.0
52-week low 58.14 128.93 4.24 48.17 40.00 301.13 121.86 309.23 81.80 54.74
52-week high 145.55 398.07 11.33 99.61 64.50 487.25 255.90 663.23 103.38 86.44
FORECAST
Annual Avg 2009 56.75 141.25 4.66 49.25 46.00 301.25 123.75 337.50 86.50 61.25
Annual Avg 2010 61.25 148.75 5.14 62.50 54 310.00 127.00 347.50 95.00 70.25
Dec 2009 57.00 140.00 4.80 50.00 47.00 300.00 120.00 325.00 90.00 65.00
Dec 2010 65.00 160.00 5.50 70.00 58.00 325.00 130.00 360.00 98.00 75.00

**MEASURES & QUOTED PRICES ( $ is US$ unless stated otherwise; WEIGHT

C$ prices converted to US$ using daily C$/US$ exchange rate ). ( per cent )
NON-PRECIOUS METALS & MINERALS 1.7
Aluminum: LME Aluminum, 99.7% Purity: Closing Cash Price (Cents/lb) 6.6
Copper: LME Copper, Grade A: Closing Cash Price (Cents/lb) 2.6
Nickel: LME Nickel: Closing Cash Price ($/lb) 3.4
Zinc: LME Zinc: Closing Cash Price (Cents/lb) 1.0
Uranium: Ux U308 ($/lb) 1.1
AGRICULTURAL PRODUCTS 7.
Wheat: 1 CWRS, Canada: St Lawrence, 13.5% (C$/mt) 2.8
Barley: Canada: Cash Prices: Feed Barley: Lethbridge: Grade 1 CW (C$/mt) 0.3
Canola: Canada: Cash Pr: Canola: Instore Vancouver: Grade 1 Canada NCC (C$/mt) 1.2
Cattle: Live Cattle Futures Price: 1st Expiring Contract Open (Cents/lb) 1.8
Hogs: Lean Hogs Futures Price: 1st Expiring Contract Open (Cents/lb) 1.2
Sources: WSJ, FT, Ux Weekly, Random Lenghts, Pulp & Paper Weekly, Overall TDCI weights based on
GlobalCoal, Comtex, WCE, FRBNY / Haver Analytics. Canadian exports 2003-05

Weekly Commodity Price Report  May 19, 2009

 [Link]/economics

This report is provided by TD Economics for customers of TD Bank Financial Group. It is for information purposes only
and may not be appropriate for other purposes. The report does not provide material information about the business and
affairs of TD Bank Financial Group and the members of TD Economics are not spokespersons for TD Bank Financial
Group with respect to its business and affairs. The information contained in this report has been drawn from sources be-
lieved to be reliable, but is not guaranteed to be accurate or complete. The report contains economic analysis and views,
including about future economic and financial markets performance. These are based on certain assumptions and other
factors, and are subject to inherent risks and uncertainties. The actual outcome may be materially different. The Toronto-
Dominion Bank and its affiliates and related entities that comprise TD Bank Financial Group are not liable for any errors
or omissions in the information, analysis or views contained in this report, or for any loss or damage suffered.

Weekly Commodity Price Report  May 19, 2009