FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, March 1 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9743 up 0.0004 Chicago corn closed mixed. MAY11 HI 7.36 1/4 DEC11 HI 6.10 LOW 7.25 1/4 LOW 6.01 CLOSE7.35 1/2 Up 4 1/2 CLOSE 6.04 3/4 Down 2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY11+JUL11+JUL11 CK Low -0.95 6.41 252.15 -1.00 5.05 198.71 CK High -0.93 6.43 252.94 -0.95 5.10 200.68 CK Avg -0.95 -0.76 6.41 252.28 -0.98 -0.85 5.06 199.37 Essex Cty -0.95 6.41 252.15 -0.95 5.10 200.68 Mdsx Low -0.95 6.41 252.15 -1.00 5.05 198.71 Mdsx High -0.95 6.41 252.15 -0.95 5.10 200.68 Mdsx Avg -0.95 -0.77 6.41 252.15 -0.98 -0.85 5.06 199.37 Hensall -0.95 6.41 252.15 -0.98 5.07 199.70 Bruce -0.95 6.41 252.15 -1.00 5.05 198.71 Putnam -0.95 6.41 252.15 -1.00 5.05 198.71 Princeton -0.95 6.41 252.15 -0.95 5.10 200.68 Durham -1.00 6.36 250.19 -1.05 5.00 196.74 Norfolk -0.93 6.43 252.94 -0.95 5.10 200.68 Trenton -1.00 6.36 250.19 -0.95 5.10 200.68 Winchester -0.90 6.46 254.12 -0.90 5.15 202.65 North Gower -0.95 6.41 252.15 -0.85 5.20 204.62 Huron FOB -0.90 6.46 254.12 -0.95 5.10 200.68 Kent FOB -0.93 6.43 252.94 -0.95 5.10 200.68 Lamb FOB -0.93 6.43 252.94 -0.95 5.10 200.68 Mdsx FOB -0.90 -0.85 -0.90N/A 6.46 254.12 -1.00 5.05 198.71 FOB SW Que -0.65 6.71 263.96 -0.75 5.30 208.55 Track -0.60 6.76 265.93N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.75 5.30 208.55 Jhnstwn-Eth N/A N/A N/A N/A -0.75 5.30 208.55 Aylmer-Eth N/A -0.75 -0.75 -0.75 N/A Sarn-Eth -0.70 -0.70 -0.60 -0.60 6.66 262.00N/A Cllngwd-Eth -0.75N/A N/A N/A 6.61 260.03-0.70* 5.35 210.52 Kwrth-Eth -0.75N/A N/A N/A 6.61 260.03N/A London-Cas N/A -0.65 -0.65 -0.65 -0.65 5.40 212.49 Pt.Colb-Cas N/A N/A N/A N/A -0.50 5.55 218.40 Cardnl-Cas N/A N/A N/A N/A -0.50 5.55 218.40 W O Feed -0.58 -0.55 6.78 266.72 US Rep -0.20 -0.17 7.16 281.68 Toledo El. -0.18 7.18 282.64 -0.46 5.59 220.00 TRANSFER Sarnia -0.95 6.41 252.15 -0.95 5.10 200.68 Pt. Stanley -0.91 6.45 253.73 -1.15 4.90192 4/5 Hamilton -0.57 6.79 267.11 -0.71 5.34210 1/8 MID SD CRN -0.94 6.41 1/2 HI SD CRN -0.93 6.42 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9743 up 0.0004 Chicago soybeans closed slightly higher. MAY11 HI 13.76 1/2 NOV11 HI 13.35 LOW 13.53 3/4 LOW 13.15 CLOSE13.75 1/4 Up 10 1/2 CLOSE 13.28 1/4 Up 3 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL11 CK Low -1.31 12.44 457.18-1.50 11.78 432.93 CK High -1.20 12.55 461.23-1.40 11.88 436.61 CK Average -1.25 -0.9112.50 459.31-1.45-1.1511.83 434.70 Essex Cty -1.15 12.60 463.06-1.36 11.92 438.08 Mdsx Low -1.26 12.49 459.02-1.45 11.83 434.77 Mdsx High -1.20 12.55 461.23-1.42 11.86 435.87 Mdsx Average -1.22 -0.8812.53 460.49-1.44-1.1311.85 435.26 Hensall -1.23 12.53 460.31-1.45 11.83 434.77 Bruce -1.20 12.55 461.23-1.45 11.83 434.77 Putnam -1.20 12.55 461.23-1.45 11.83 434.77 Princeton -1.20 12.55 461.23-1.41 11.87 436.24 Durham -1.32 12.43 456.82-1.46 11.82 434.40 Norfolk -1.17 12.58 462.33-1.45 11.83 434.77 Trenton -1.45 12.30 452.04-1.40 11.88 436.61 Winchester -1.40 12.35 453.88-1.29 11.99 440.65 North Gower -1.40 12.35 453.88-1.30 11.98 440.28 Huron FOB -1.15 12.60 463.06-1.35 11.93 438.44 Kent FOB -1.22 12.53 460.49-1.50 11.78 432.93 Lambton FOB -1.22 12.53 460.49-1.50 11.78 432.93 Middlesex FOB-1.16-1.08 N/A N/A 12.59 462.70-1.18 12.10 444.69 PROCESSORS Hamilton -0.85-0.80-0.80-0.75 12.90 474.09-0.80 12.48 458.65 Windsor -0.72-0.72-0.71-0.74 13.03 478.86-0.97 12.31 452.41 Winchester -1.30 12.45 457.55-1.19 12.09 444.32 TRANSFER Hamilton -0.85 N/A N/A N/A 12.90 474.09-0.80 12.48 458.65 Pt. Stanley -1.30 12.45 457.55-1.25 12.03 442.12 Sarnia -0.95 12.80 470.41-0.91 12.37 454.61 Owen Sound N/A N/A Sorel QC -0.50 13.25 486.95-0.45 12.83 471.51 Toledo El. -0.27 13.48 495.29-0.47 12.81 470.81 Bank of Canada Noon exchange rate was 0.9743 up 0.0004 Chicago wheat closed slightly lower. MAY11 HI 8.23 1/4 JUL11 HI 8.53 1/4 LOW 7.97 1/4 LOW 8.28 CLOSE 8.10 1/4 Down 6 3/4 CLOSE 8.40 3/4 Down 7 1/2 Minni wheat closed slightly lower. MAY11 HI 9.48 1/4 SEP11 HI 9.58 3/4 LOW 9.28 LOW 9.38 1/4 CLOSE 9.39 1/2 Down 1 1/2 CLOSE 9.46 1/2 Down 4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.03 -0.54 -1.03 -0.65 CAD $/bu 7.07 7.56 7.07 8.74 CAD $/tonne 259.81 277.72 259.81 321.15 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 -0.60 -1.05 N/A N/A -1.20 -2.15 N/A London -0.96 -0.81 -1.30 N/A -1.38 -1.43 -2.26 N/A Hensall -0.85 N/A -1.20 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 -1.37 N/A N/A N/A -2.23 N/A Norwich -0.85 N/A -1.20 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 -0.85 N/A -1.20 N/A -1.10 N/A -2.15 N/A Chatham N/A -0.50 -1.26 N/A N/A -1.39 -2.19 N/A Brigden N/A -0.50 -1.26 N/A N/A -1.39 -2.19 N/A Palmerston N/A -0.59 -1.34 -0.17 N/A -1.07 -2.18 -0.96 Mitchell -0.85 -0.75 -1.20 N/A -1.20 -1.25 -2.15 N/A Thornton N/A N/A N/A -1.55 N/A N/A N/A -1.81 North Gower N/A N/A N/A N/A N/A N/A N/A -1.34 TERMINAL Sarnia -1.21 -0.53 -1.02 N/A -1.25 -0.90 -1.79 N/A Hamilton N/A N/A -0.60 N/A N/A N/A -1.35 N/A Pt. Stanley N/A N/A -1.05 N/A N/A N/A -1.80 N/A PROCESSORS Toledo FM N/A 0.25 -0.64 N/A 0.05 0.00 -0.78 N/A Toledo El. 7.64US 7.45CA 7.68US 7.50CA 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 -1.71 -0.95 CAD $/bu 7.29 7.63 6.70 8.52 CAD $/tonne 267.75 280.32 246.21 312.90 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 295.00 Bayport Oats 320.00 Bayport Barley 255.00 FOB Hm Soymeal 389.56 - 392.87 DDG's FOB Srn, Wndr, Aylm 190.00 - 205.00