FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, March 8 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9713 down 0.0025 Chicago corn closed slightly lower to lower. MAY11 HI 7.19 1/2 DEC11 HI 6.13 3/4 LOW 7.00 1/4 LOW 6.02 CLOSE7.05 1/2 Down 12 CLOSE 6.10 Down 1/2 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 6.11 240.34 -1.00 5.10 200.78 CK High -0.93 6.13 241.13 -0.98 5.12 201.57 CK Avg -0.94 -0.74 6.12 240.74 -1.00 -0.84 5.10 200.91 Essex Cty -0.95 6.11 240.34 -1.00 5.10 200.78 Mdsx Low -0.95 6.11 240.34 -1.00 5.10 200.78 Mdsx High -0.93 6.13 241.13 -1.00 5.10 200.78 Mdsx Avg -0.94 -0.74 6.11 240.61 -1.00 -0.84 5.10 200.78 Hensall -0.94 6.12 240.74 -1.00 5.10 200.78 Bruce -0.93 6.13 241.13 -1.00 5.10 200.78 Putnam -0.93 6.13 241.13 -1.00 5.10 200.78 Princeton -0.95 6.11 240.34 -1.00 5.10 200.78 Durham -1.00 6.06 238.37 -1.05 5.05 198.81 Norfolk -0.93 6.13 241.13 -0.98 5.12 201.57 Trenton -0.95 6.11 240.34 -1.00 5.10 200.78 Winchester -0.90 6.16 242.31 -0.95 5.15 202.75 North Gower -0.95 6.11 240.34 -0.85 5.25 206.68 Huron FOB -0.90 6.16 242.31 -1.00 5.10 200.78 Kent FOB -0.93 6.13 241.13 -0.98 5.12 201.57 Lamb FOB -0.93 6.13 241.13 -0.98 5.12 201.57 Mdsx FOB -0.90 -0.90N/A N/A 6.16 242.31 -1.00 5.10 200.78 FOB SW Que -0.70 6.36 250.19 -0.65 5.45 214.56 Track -0.54 6.52 256.48N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.80 5.30 208.65 Jhnstwn-Eth N/A N/A N/A N/A -0.75 5.35 210.62 Aylmer-Eth N/A -0.75 -0.75 -0.75 N/A Sarn-Eth -0.70 -0.70 -0.60 -0.60 6.36 250.19N/A Cllngwd-Eth -0.75N/A N/A N/A 6.31 248.22-0.70* 5.40 212.59 Kwrth-Eth -0.70N/A N/A N/A 6.36 250.19N/A London-Cas N/A -0.70 -0.70 -0.70 -0.70 5.40 212.59 Pt.Colb-Cas N/A N/A N/A N/A -0.50 5.60 220.46 Cardnl-Cas N/A N/A N/A N/A -0.50 5.60 220.46 W O Feed -0.56 -0.53 6.50 255.85 US Rep -0.15 -0.12 6.91 271.84 Toledo El. -0.17 6.88 270.86 -0.46 5.64 222.13 TRANSFER Sarnia -0.95 6.11 240.34 -1.00 5.10 200.78 Pt. Stanley -0.93 6.13 241.13 -0.97 5.13202 Hamilton -0.59 6.47 254.52 -0.73 5.37211 2/5 MID SD CRN -0.94 6.11 1/2 HI SD CRN -0.93 6.12 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9713 down 0.0025 Chicago soybeans closed slightly to moderately lower. MAY11 HI 13.96 NOV11 HI 13.55 3/4 LOW 13.74 LOW 13.33 1/4 CLOSE13.82 Down 13 CLOSE 13.46 Down 8 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL11 CK Low -1.30 12.52 460.03-1.50 11.96 439.45 CK High -1.25 12.57 461.87-1.40 12.06 443.13 CK Average -1.26 -0.8712.56 461.43-1.46-1.1012.00 441.00 Essex Cty -1.18 12.64 464.44-1.38 12.08 443.86 Mdsx Low -1.27 12.55 461.13-1.50 11.96 439.45 Mdsx High -1.20 12.62 463.71-1.39 12.07 443.50 Mdsx Average -1.24 -0.8512.58 462.24-1.44-1.0812.02 441.78 Hensall -1.25 12.57 461.87-1.50 11.96 439.45 Bruce -1.25 12.57 461.87-1.50 11.96 439.45 Putnam -1.25 12.57 461.87-1.50 11.96 439.45 Princeton -1.15 12.67 465.54-1.40 12.06 443.13 Durham -1.28 12.54 460.77-1.41 12.05 442.76 Norfolk -1.19 12.63 464.07-1.41 12.05 442.76 Trenton -1.45 12.37 454.52-1.40 12.06 443.13 Winchester -1.42 12.40 455.62-1.32 12.14 446.07 North Gower -1.40 12.42 456.36-1.30 12.16 446.80 Huron FOB -1.15 12.67 465.54-1.40 12.06 443.13 Kent FOB -1.24 12.58 462.24-1.46 12.00 440.92 Lambton FOB -1.24 12.58 462.24-1.46 12.00 440.92 Middlesex FOB-1.16-1.09 N/A N/A 12.66 465.18-1.25 12.21 448.64 PROCESSORS Hamilton -0.85-0.80-0.80-0.75 12.97 476.57-0.80 12.66 465.18 Windsor -0.76-0.69-0.66-0.72 13.06 479.87-0.98 12.48 458.56 Winchester -1.32 12.50 459.30-1.22 12.24 449.74 TRANSFER Hamilton -0.90 N/A N/A N/A 12.92 474.73-0.80 12.66 465.18 Pt. Stanley -1.35 12.47 458.19-1.25 12.21 448.64 Sarnia -0.98 12.84 471.79-0.90 12.56 461.50 Owen Sound N/A N/A Sorel QC -0.55 13.27 487.59-0.50 12.96 476.20 Toledo El. -0.24 13.58 498.87-0.47 12.99 477.40 Bank of Canada Noon exchange rate was 0.9713 down 0.0025 Chicago wheat closed moderately lower to lower. MAY11 HI 8.03 1/4 JUL11 HI 8.32 LOW 7.78 1/4 LOW 8.09 3/4 CLOSE 7.79 3/4 Down 21 CLOSE 8.11 1/2 Down 18 3/4 Minni wheat closed moderately lower to lower. MAY11 HI 9.43 SEP11 HI 9.47 3/4 LOW 9.18 1/4 LOW 9.21 1/2 CLOSE 9.22 1/4 Down 21 1/2 CLOSE 9.25 1/2 Down 19 1/4 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 6.75 7.24 6.75 8.54 CAD $/tonne 248.01 265.86 248.01 313.87 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 -0.65 -1.25 N/A N/A -1.20 -2.10 N/A London -0.95 -0.61 -1.15 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 -1.29 N/A N/A N/A -2.15 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 -1.59 N/A N/A N/A -1.78 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 0.22 -0.66 N/A 0.03 -0.02 -0.80 N/A Toledo El. 7.29US 7.08CA 7.39US 7.19CA 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 6.98 7.32 6.39 8.28 CAD $/tonne 256.32 268.84 234.86 304.26 (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 384.05 - 386.26 DDG's FOB Srn, Wndr, Aylm 190.00 - 205.00