FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, March 7 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9738 up 0.0024 Chicago corn closed mixed. MAY11 HI 7.33 1/2 DEC11 HI 6.11 LOW 7.10 1/4 LOW 6.00 CLOSE7.17 1/2 Down 10 1/2 CLOSE 6.10 1/2 Up 1 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 6.23 245.07 -1.00 5.11 200.97 CK High -0.93 6.25 245.85 -0.98 5.13 201.76 CK Avg -0.94 -0.74 6.24 245.46 -1.00 -0.84 5.11 201.11 Essex Cty -0.95 6.23 245.07 -1.00 5.11 200.97 Mdsx Low -0.95 6.23 245.07 -1.00 5.11 200.97 Mdsx High -0.93 6.25 245.85 -1.00 5.11 200.97 Mdsx Avg -0.94 -0.75 6.23 245.33 -1.00 -0.84 5.11 200.97 Hensall -0.94 6.24 245.46 -1.00 5.11 200.97 Bruce -0.93 6.25 245.85 -1.00 5.11 200.97 Putnam -0.93 6.25 245.85 -1.00 5.11 200.97 Princeton -0.95 6.23 245.07 -1.00 5.11 200.97 Durham -1.00 6.18 243.10 -1.05 5.06 199.01 Norfolk -0.93 6.25 245.85 -0.98 5.13 201.76 Trenton -0.95 6.23 245.07 -1.00 5.11 200.97 Winchester -0.90 6.28 247.04 -0.95 5.16 202.94 North Gower -0.95 6.23 245.07 -0.85 5.26 206.88 Huron FOB -0.90 6.28 247.04 -1.00 5.11 200.97 Kent FOB -0.93 6.25 245.85 -0.98 5.13 201.76 Lamb FOB -0.93 6.25 245.85 -0.98 5.13 201.76 Mdsx FOB -0.90 -0.85 -0.90N/A 6.28 247.04 -1.00 5.11 200.97 FOB SW Que -0.65 6.53 256.88 -0.70 5.41 212.79 Track -0.54 6.64 261.21N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.75 5.36 210.82 Jhnstwn-Eth N/A N/A N/A N/A -0.75 5.36 210.82 Aylmer-Eth N/A -0.75 -0.75 -0.75 N/A Sarn-Eth -0.70 -0.70 -0.60 -0.60 6.48 254.91N/A Cllngwd-Eth -0.75N/A N/A N/A 6.43 252.94-0.70* 5.41 212.79 Kwrth-Eth -0.70N/A N/A N/A 6.48 254.91N/A London-Cas N/A -0.70 -0.70 -0.70 -0.70 5.41 212.79 Pt.Colb-Cas N/A N/A N/A N/A -0.65 5.46 214.75 Cardnl-Cas N/A N/A N/A N/A -0.50 5.61 220.66 W O Feed -0.55 -0.52 6.63 260.97 US Rep -0.15 -0.12 7.03 276.56 Toledo El. -0.18 7.00 275.58 -0.46 5.65 222.31 TRANSFER Sarnia -0.95 6.23 245.07 -1.00 5.11 200.97 Pt. Stanley -0.93 6.25 245.85 -0.97 5.14202 1/6 Hamilton -0.59 6.59 259.24 -0.73 5.38211 3/5 MID SD CRN -0.94 6.23 1/2 HI SD CRN -0.93 6.24 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9738 up 0.0024 Chicago soybeans closed slightly to moderately lower. MAY11 HI 14.19 NOV11 HI 13.63 LOW 13.84 1/2 LOW 13.36 1/4 CLOSE13.95 Down 19 CLOSE 13.54 3/4 Down 6 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL11 CK Low -1.30 12.65 464.81-1.50 12.05 442.67 CK High -1.20 12.75 468.48-1.40 12.15 446.34 CK Average -1.25 -0.8712.70 466.65-1.47-1.1212.08 443.92 Essex Cty -1.18 12.77 469.22-1.38 12.17 447.08 Mdsx Low -1.30 12.65 464.81-1.50 12.05 442.67 Mdsx High -1.20 12.75 468.48-1.38 12.17 447.08 Mdsx Average -1.23 -0.8512.72 467.26-1.43-1.0912.11 445.12 Hensall -1.23 12.73 467.56-1.50 12.05 442.67 Bruce -1.25 12.70 466.65-1.50 12.05 442.67 Putnam -1.25 12.70 466.65-1.50 12.05 442.67 Princeton -1.15 12.80 470.32-1.40 12.15 446.34 Durham -1.31 12.64 464.44-1.40 12.15 446.34 Norfolk -1.19 12.76 468.85-1.40 12.15 446.34 Trenton -1.45 12.50 459.30-1.45 12.10 444.51 Winchester -1.42 12.53 460.40-1.32 12.23 449.28 North Gower -1.40 12.55 461.13-1.30 12.25 450.02 Huron FOB -1.15 12.80 470.32-1.40 12.15 446.34 Kent FOB -1.24 12.71 467.01-1.51 12.04 442.30 Lambton FOB -1.24 12.71 467.01-1.51 12.04 442.30 Middlesex FOB-1.17-1.12-1.07 N/A 12.78 469.58-1.12 12.43 456.63 PROCESSORS Hamilton -0.85-0.80-0.80-0.75 13.10 481.34-0.80 12.75 468.39 Windsor -0.74-0.74-0.74-0.78 13.21 485.38-1.01 12.54 460.67 Winchester -1.30 12.65 464.81-1.23 12.32 452.59 TRANSFER Hamilton -0.90 N/A N/A N/A 13.05 479.51-0.80 12.75 468.39 Pt. Stanley -1.35 12.60 462.97-1.25 12.30 451.86 Sarnia -0.98 12.97 476.57-0.90 12.65 464.72 Owen Sound N/A N/A Sorel QC -0.55 13.40 492.37-0.45 13.10 481.25 Toledo El. -0.24 13.71 503.64-0.47 13.08 480.60 Bank of Canada Noon exchange rate was 0.9738 up 0.0024 Chicago wheat closed lower. MAY11 HI 8.33 3/4 JUL11 HI 8.61 LOW 7.98 1/4 LOW 8.26 1/2 CLOSE 8.00 3/4 Down 31 1/2 CLOSE 8.30 1/4 Down 29 3/4 Minni wheat closed lower. MAY11 HI 9.71 1/2 SEP11 HI 9.70 LOW 9.39 LOW 9.42 1/2 CLOSE 9.43 3/4 Down 21 1/2 CLOSE 9.44 3/4 Down 21 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.05 -0.56 -1.05 -0.68 CAD $/bu 6.96 7.45 6.96 8.76 CAD $/tonne 255.76 273.62 255.76 321.86 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 -0.70 -1.25 N/A N/A -1.25 -2.15 N/A London -0.98 -0.64 -1.17 N/A -1.37 -1.42 -2.15 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 -1.28 N/A N/A N/A -2.14 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 -1.25 N/A N/A -1.40 -2.13 N/A Brigden N/A -0.50 -1.25 N/A N/A -1.40 -2.13 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 -1.34 N/A N/A N/A -1.80 North Gower N/A N/A N/A N/A N/A N/A N/A -1.34 TERMINAL Sarnia -1.21 -0.53 -1.97 N/A -1.10 -0.91 -1.74 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 0.23 -0.66 N/A 0.03 -0.02 -0.80 N/A Toledo El. 7.50US 7.29CA 7.57US 7.38CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.14 -0.80 -1.72 -0.97 CAD $/bu 7.16 7.51 6.58 8.48 CAD $/tonne 263.26 275.79 241.78 311.42 (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 257.00 FOB Hm Soymeal 387.36 - 389.56 DDG's FOB Srn, Wndr, Aylm 190.00 - 205.00