Django Debug Toolbar not displaying SQL

I recently installed django-debug-toolbar. The toolbar works and I can see the tabs on the side. However, nothing shows up in the SQL tab even when I have obviously executed an SQL query (such as in the admin):

My settings are as follows:

DATABASES = {
    'default': {
        'ENGINE': 'django.db.backends.postgresql_psycopg2'
        'NAME': 'mydatabase'
         ....
    }
}

# Backwards compatability with apps
DATABASE_ENGINE = DATABASES['default']['ENGINE'].split('.')[-1]
DATABASE_NAME = DATABASES['default']['NAME']

MIDDLEWARE_CLASSES = (
'django.middleware.common.CommonMiddleware',
'django.contrib.sessions.middleware.SessionMiddleware',
'django.middleware.csrf.CsrfViewMiddleware',
'django.contrib.auth.middleware.AuthenticationMiddleware',
'django.contrib.messages.middleware.MessageMiddleware',
'debug_toolbar.middleware.DebugToolbarMiddleware',
)

INSTALLED_APPS = (
    ...
    'debug_toolbar',
    ...
)

# Settings for the django-debug-toolbar
DEBUG_TOOLBAR_PANELS = (
    'debug_toolbar.panels.version.VersionDebugPanel',
    'debug_toolbar.panels.cache.CacheDebugPanel',
    'debug_toolbar.panels.timer.TimerDebugPanel',
    'debug_toolbar.panels.settings_vars.SettingsVarsDebugPanel',
    'debug_toolbar.panels.headers.HeaderDebugPanel',
    'debug_toolbar.panels.request_vars.RequestVarsDebugPanel',
    'debug_toolbar.panels.template.TemplateDebugPanel',
    'debug_toolbar.panels.sql.SQLDebugPanel',
    'debug_toolbar.panels.signals.SignalDebugPanel',
    # 'debug_toolbar.panels.logger.LoggingPanel',
)

def custom_show_toolbar(request):
    return request.user.is_staff

DEBUG_TOOLBAR_CONFIG = {
    'INTERCEPT_REDIRECTS':False,
    'SHOW_TOOLBAR_CALLBACK':custom_show_toolbar,
    'SHOW_TEMPLATE_CONTEXT':True,
    'HIDE_DJANGO_SQL':False,
}

I'm using Django 1.3 with Toolbar version 0.8.5. Any help with this problem would be awesome...