FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, February 10 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9955 up 0.0008 Chicago corn closed steady to slightly higher. MAR11 HI 7.04 1/4 DEC11 HI 6.18 3/4 LOW 6.94 1/4 LOW 6.13 CLOSE6.98 1/2 Up 1/2 CLOSE 6.14 1/2 Unchanged 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 6.04 237.59 -0.95 5.20 204.52 CK High -0.85 6.14 241.52 -0.95 5.20 204.52 CK Avg -0.88 -0.85 6.10 240.21 -0.95 -0.94 5.20 204.52 Essex Cty -0.90 6.09 239.56 -0.95 5.20 204.52 Mdsx Low -0.95 6.04 237.59 -0.95 5.20 204.52 Mdsx High -0.85 6.14 241.52 -0.95 5.20 204.52 Mdsx Avg -0.90 -0.87 6.09 239.56 -0.95 -0.94 5.20 204.52 Hensall -0.88 6.11 240.54 -0.95 5.20 204.52 Bruce -0.90 6.09 239.56 -0.95 5.20 204.52 Putnam -0.90 6.09 239.56 -0.95 5.20 204.52 Princeton -0.90 6.09 239.56 -0.95 5.20 204.52 Durham -1.00 5.99 235.62 -1.00 5.15 202.55 Norfolk -0.85 6.14 241.52 -0.95 5.20 204.52 Trenton -0.95 6.04 237.59 -0.95 5.20 204.52 Winchester -0.80 6.19 243.49 -0.75 5.40 212.39 North Gower -0.96 6.03 237.19 -1.01 5.14 202.16 Huron FOB -0.90 6.09 239.56 -0.93 5.22 205.31 Kent FOB -0.85 6.14 241.52 -0.95 5.20 204.52 Lamb FOB -0.85 6.14 241.52 -0.95 5.20 204.52 Mdsx FOB -0.95 -0.90 -0.95N/A 6.04 237.59 -0.95 5.20 204.52 FOB SW Que -0.70 6.29 247.43 -0.65 5.50 216.33 Track -0.50 6.49 255.30N/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 6.29 247.43N/A Cllngwd-Eth -0.70N/A N/A N/A 6.29 247.43-0.80* 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 -0.50 5.65 222.23 Cardnl-Cas N/A N/A N/A N/A -0.45 5.70 224.20 W O Feed -0.54 -0.54 6.45 253.73 US Rep 0.15 0.15 7.14 280.89 Toledo El. -0.12 6.87 270.28 -0.47 5.68 223.44 TRANSFER Sarnia -0.90 6.09 239.56 -0.95 5.20 204.52 Pt. Stanley -0.98 6.01 236.41 -1.04 5.11201 Hamilton N/A -0.84 5.31208 6/7 MID SD CRN -0.90 1 6.08 1/2 HI SD CRN -0.85 6.13 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9955 up 0.0008 Chicago soybeans closed slightly to moderately lower. MAR11 HI 14.55 NOV11 HI 14.02 3/4 LOW 14.3 LOW 13.84 CLOSE14.33 Down 18 CLOSE 13.85 1/2 Down 11 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL11 CK Low -1.12 13.21 485.38-1.35 12.51 459.48 CK High -1.05 13.28 487.96-1.22 12.64 464.26 CK Average -1.08 -1.0213.25 486.93-1.30-1.2812.56 461.39 Essex Cty -0.98 13.35 490.53-1.17 12.69 466.09 Mdsx Low -1.08 13.25 486.85-1.35 12.51 459.48 Mdsx High -1.02 13.31 489.06-1.27 12.59 462.42 Mdsx Average -1.05 -0.9913.28 487.96-1.31-1.2912.55 460.95 Hensall -1.10 13.23 486.12-1.38 12.48 458.56 Bruce -1.05 13.28 487.96-1.35 12.51 459.48 Putnam -1.05 13.28 487.96-1.40 12.46 457.64 Princeton -1.01 13.32 489.43-1.17 12.69 466.09 Durham -1.18 13.15 483.18-1.29 12.57 461.68 Norfolk -0.99 13.34 490.16-1.19 12.67 465.36 Trenton -1.30 13.03 478.77-1.20 12.66 464.99 Winchester -1.07 13.26 487.22-1.06 12.80 470.14 North Gower -0.70 13.63 500.82-0.70 13.16 483.36 Huron FOB -1.00 13.33 489.79-1.30 12.56 461.32 Kent FOB -1.04 13.29 488.32-1.25 12.61 463.15 Lambton FOB -1.04 13.29 488.32-1.25 12.61 463.15 Middlesex FOB-0.99-0.94-0.89 N/A 13.34 490.16-0.98 12.88 473.08 PROCESSORS Hamilton -0.70-0.65-0.55-0.50 13.63 500.82-0.60 13.26 487.04 Windsor -0.50-0.50-0.58-0.57 13.83 508.17-0.71 13.15 483.00 Winchester -0.97 13.36 490.90-0.96 12.90 473.81 TRANSFER Hamilton -0.85 N/A N/A N/A 13.48 495.31-0.65 13.21 485.20 Pt. Stanley -1.30 13.03 478.77-1.10 12.76 468.67 Sarnia -0.73 13.60 499.71-0.66 13.20 484.83 Owen Sound N/A N/A Sorel QC -0.21 14.12 518.82-0.25 13.61 499.90 Toledo El. -0.23 14.10 518.12-0.53 13.33 489.64 Bank of Canada Noon exchange rate was 0.9955 up 0.0008 Chicago wheat closed lower. MAR11 HI 8.86 JUL11 HI 9.44 1/4 LOW 8.61 1/4 LOW 9.19 3/4 CLOSE 8.62 3/4 Down 23 1/4 CLOSE 9.21 Down 23 3/4 Minni wheat closed moderately lower. MAR11 HI 10.31 3/4 SEP11 HI 10.47 LOW 10.12 1/2 LOW 10.30 CLOSE 10.14 3/4 Down 12 1/4 CLOSE 10.30 Down 12 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.63 -0.23 -0.63 -0.54 CAD $/bu 7.99 8.39 7.99 9.61 CAD $/tonne 293.76 308.39 293.76 353.04 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 -1.22 -1.22 -2.11 N/A Hensall -0.70 N/A -1.05 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 -1.13 N/A N/A N/A -2.24 N/A Norwich -0.70 N/A -1.05 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 -1.05 N/A -1.10 N/A -2.15 N/A Chatham N/A -0.70 -1.02 N/A N/A -1.25 -2.12 N/A Brigden N/A -0.70 -1.02 N/A N/A -1.25 -2.12 N/A Palmerston N/A -0.81 -1.42 -0.83 N/A -1.31 -2.35 -1.01 Mitchell -0.70 -0.60 -1.05 N/A -1.20 -1.25 -2.15 N/A Thornton N/A N/A N/A -1.38 N/A N/A N/A -1.86 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 -0.50 N/A N/A N/A -1.30 N/A Pt. Stanley N/A N/A -0.95 N/A N/A N/A -1.75 N/A PROCESSORS Toledo FM N/A 0.76 -0.23 N/A 0.23 0.18 -0.61 N/A Toledo El. 8.40US 8.36CA 8.48US 8.47CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.11 -0.76 -1.66 -1.01 CAD $/bu 8.10 8.45 7.55 9.29 CAD $/tonne 297.52 310.36 277.34 341.17 (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 411.72 - 417.23 DDG's FOB Srn, Wndr, Aylm 190.00 - 215.00