FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, February 9 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9947 up 0.0041 Chicago corn closed moderately to sharply higher. MAR11 HI 7.00 3/4 DEC11 HI 6.19 1/2 LOW 6.73 1/4 LOW 6.03 3/4 CLOSE6.98 Up 24 1/4 CLOSE 6.14 1/2 Up 10 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY11+MAY11+JUL11 CK Low -0.95 6.03 237.39 -0.95 5.20 204.52 CK High -0.85 6.13 241.33 -0.90 5.25 206.49 CK Avg -0.88 -0.85 6.10 240.02 -0.94 -0.92 5.20 204.85 Essex Cty -0.90 6.08 239.36 -0.95 5.20 204.52 Mdsx Low -0.95 6.03 237.39 -0.95 5.20 204.52 Mdsx High -0.85 6.13 241.33 -0.90 5.25 206.49 Mdsx Avg -0.90 -0.87 6.08 239.36 -0.93 -0.92 5.21 205.17 Hensall -0.88 6.11 240.34 -0.95 5.20 204.52 Bruce -0.85 6.13 241.33 -0.95 5.20 204.52 Putnam -0.85 6.13 241.33 -0.95 5.20 204.52 Princeton -0.90 6.08 239.36 -0.95 5.20 204.52 Durham -1.00 5.98 235.42 -0.95 5.20 204.52 Norfolk -0.85 6.13 241.33 -0.98 5.17 203.34 Trenton -0.95 6.03 237.39 -0.95 5.20 204.52 Winchester -0.80 6.18 243.30 -0.75 5.40 212.39 North Gower -0.96 6.02 237.00 -1.01 5.14 202.16 Huron FOB -0.90 6.08 239.36 -0.93 5.22 205.31 Kent FOB -0.85 6.13 241.33 -0.95 5.20 204.52 Lamb FOB -0.85 6.13 241.33 -0.95 5.20 204.52 Mdsx FOB -0.95 -0.95 -0.95N/A 6.03 237.39 -0.90 5.25 206.49 FOB SW Que -0.76 6.22 244.87 -0.68 5.47 215.15 Track -0.50 6.48 255.11N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.70 5.45 214.36 Jhnstwn-Eth N/A N/A N/A N/A -0.35 5.80 228.14 Aylmer-Eth N/A -0.95 -0.85N/A N/A Sarn-Eth -0.70 -0.70 -0.70 -0.55 6.28 247.23N/A Cllngwd-Eth -0.70N/A N/A N/A 6.28 247.23-0.80* 5.35 210.42 Kwrth-Eth N/A N/A N/A N/A N/A London-Cas N/A N/A -0.65 -0.65 -0.55 5.60 220.27 Pt.Colb-Cas N/A N/A N/A N/A -0.30 5.85 230.11 Cardnl-Cas N/A N/A N/A N/A -0.45 5.70 224.20 W O Feed -0.54 -0.53 6.44 253.53 US Rep 0.15 0.16 7.13 280.70 Toledo El. -0.12 6.86 270.09 -0.47 5.68 223.47 TRANSFER Sarnia -0.90 6.08 239.36 -0.95 5.20 204.52 Pt. Stanley -0.90 6.08 239.36 -0.92 5.23205 2/3 Hamilton N/A -0.82 5.33209 5/8 MID SD CRN -0.90 1 6.08 HI SD CRN -0.85 6.13 *Wet Bid Bank of Canada Noon exchange rate was 0.9947 up 0.0041 Chicago soybeans closed moderately higher. MAR11 HI 14.55 3/4 NOV11 HI 13.99 3/4 LOW 14.35 LOW 13.77 3/4 CLOSE14.51 Up 16 3/4 CLOSE 13.97 Up 19 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL11 CK Low -1.18 13.33 489.79-1.35 12.62 463.71 CK High -1.10 13.41 492.73-1.27 12.70 466.65 CK Average -1.12 -1.0513.39 492.00-1.32-1.2812.65 464.73 Essex Cty -1.04 13.47 494.94-1.30 12.67 465.54 Mdsx Low -1.12 13.39 492.00-1.35 12.62 463.71 Mdsx High -1.10 13.41 492.73-1.30 12.67 465.54 Mdsx Average -1.11 -1.0513.40 492.24-1.32-1.2812.65 464.81 Hensall -1.13 13.39 491.81-1.38 12.60 462.79 Bruce -1.10 13.41 492.73-1.35 12.62 463.71 Putnam -1.10 13.41 492.73-1.40 12.57 461.87 Princeton -1.12 13.39 492.00-1.30 12.67 465.54 Durham -1.18 13.33 489.79-1.33 12.64 464.44 Norfolk -1.06 13.45 494.20-1.30 12.67 465.54 Trenton -1.30 13.21 485.38-1.20 12.77 469.22 Winchester -1.07 13.44 493.84-1.06 12.91 474.36 North Gower -0.70 13.81 507.43-0.70 13.27 487.59 Huron FOB -1.00 13.51 496.41-1.30 12.67 465.54 Kent FOB -1.11 13.40 492.37-1.36 12.61 463.34 Lambton FOB -1.11 13.40 492.37-1.36 12.61 463.34 Middlesex FOB-1.02-0.97-0.91 N/A 13.49 495.67-1.09 12.88 473.26 PROCESSORS Hamilton -0.75-0.70-0.60-0.55 13.76 505.59-0.65 13.32 489.43 Windsor -0.59-0.59-0.68-0.68 13.92 511.47-0.75 13.22 485.75 Winchester -1.04 13.47 494.94-1.01 12.96 476.20 TRANSFER Hamilton -0.90 N/A N/A N/A 13.61 500.08-0.65 13.32 489.43 Pt. Stanley -1.35 13.16 483.55-1.10 12.87 472.89 Sarnia -0.80 13.71 503.76-0.72 13.25 486.85 Owen Sound N/A N/A Sorel QC -0.35 14.16 520.29-0.30 13.67 502.29 Toledo El. -0.23 14.28 524.74-0.53 13.44 493.89 Bank of Canada Noon exchange rate was 0.9947 up 0.0041 Chicago wheat closed moderately higher. MAR11 HI 8.93 1/4 JUL11 HI 9.50 3/4 LOW 8.75 1/4 LOW 9.32 1/4 CLOSE 8.86 Up 11 3/4 CLOSE 9.44 3/4 Up 12 1/4 Minni wheat closed moderately higher. MAR11 HI 10.31 1/4 SEP11 HI 10.46 3/4 LOW 10.10 1/4 LOW 10.22 CLOSE 10.27 Up 17 1/2 CLOSE 10.42 3/4 Up 15 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.64 -0.24 -0.64 -0.55 CAD $/bu 8.22 8.62 8.22 9.72 CAD $/tonne 302.08 316.71 302.08 357.31 Direct MarkHarvest 2010 Harvest 2011 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 -0.85 -1.15 N/A N/A -1.30 -2.15 N/A London -0.79 -0.79 -1.14 N/A -1.24 -1.24 -2.14 N/A Hensall -0.70 N/A -1.10 N/A -1.20 N/A -2.15 N/A Trenton N/A N/A N/A N/A N/A N/A -2.00 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.30 Essex N/A N/A -1.15 N/A N/A N/A -2.27 N/A Norwich -0.70 N/A -1.10 N/A -1.10 N/A -2.15 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.70 N/A -1.10 N/A -1.10 N/A -2.15 N/A Chatham N/A -0.86 -1.06 N/A N/A -1.26 -2.11 N/A Brigden N/A -0.86 -1.06 N/A N/A -1.26 -2.11 N/A Palmerston N/A -0.81 -1.42 -0.83 N/A -1.31 -2.35 -1.01 Mitchell -0.70 -0.60 -1.10 N/A -1.20 -1.15 -2.15 N/A Thornton N/A N/A N/A -1.26 N/A N/A N/A -1.77 North Gower N/A N/A N/A N/A N/A N/A N/A -1.20 TERMINAL Sarnia -0.80 -0.25 -0.62 N/A -1.10 -0.85 -1.75 N/A Hamilton N/A N/A -0.55 N/A N/A N/A -1.35 N/A Pt. Stanley N/A N/A -1.00 N/A N/A N/A -1.80 N/A PROCESSORS Toledo FM N/A 0.75 -0.24 N/A 0.22 0.17 -0.63 N/A Toledo El. 8.63US 8.59CA 8.72US 8.69CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.12 -0.78 -1.67 -1.03 CAD $/bu 8.32 8.67 7.77 9.40 CAD $/tonne 305.83 318.65 285.68 345.40 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 285.00 - 288.00 Bayport Oats 320.00 Bayport Barley 250.00 FOB Hm Soymeal 417.34 - 419.55 DDG's FOB Srn, Wndr, Aylm 185.00 - 215.00