FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, March 9 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9686 down 0.0027 Chicago corn closed mixed. MAY11 HI 7.11 1/4 DEC11 HI 6.13 3/4 LOW 6.91 1/4 LOW 6.02 1/4 CLOSE7.01 Down 4 1/2 CLOSE 6.10 1/4 Up 1/4 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 6.06 238.57 -1.00 5.10 200.88 CK High -0.93 6.08 239.36 -1.00 5.10 200.88 CK Avg -0.94 -0.72 6.07 238.83 -1.00 -0.82 5.10 200.88 Essex Cty -0.95 6.06 238.57 -1.00 5.10 200.88 Mdsx Low -0.95 6.06 238.57 -1.00 5.10 200.88 Mdsx High -0.93 6.08 239.36 -1.00 5.10 200.88 Mdsx Avg -0.94 -0.72 6.07 238.83 -1.00 -0.82 5.10 200.88 Hensall -0.94 6.07 238.97 -1.00 5.10 200.88 Bruce -0.93 6.08 239.36 -1.00 5.10 200.88 Putnam -0.93 6.08 239.36 -1.00 5.10 200.88 Princeton -0.95 6.06 238.57 -1.00 5.10 200.88 Durham -1.00 6.01 236.60 -1.05 5.05 198.91 Norfolk -0.95 6.06 238.57 -1.00 5.10 200.88 Trenton -0.95 6.06 238.57 -1.00 5.10 200.88 Winchester -0.90 6.11 240.54 -0.95 5.15 202.84 North Gower -0.95 6.06 238.57 -0.85 5.25 206.78 Huron FOB -0.90 6.11 240.54 -0.95 5.15 202.84 Kent FOB -0.95 6.06 238.57 -1.00 5.10 200.88 Lamb FOB -0.95 6.06 238.57 -1.00 5.10 200.88 Mdsx FOB -0.90 -0.90N/A N/A 6.11 240.54 -1.00 5.10 200.88 FOB SW Que -0.60 6.41 252.35 -0.70 5.40 212.69 Track -0.54 6.47 254.71N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.80 5.30 208.75 Jhnstwn-Eth N/A N/A N/A N/A -0.75 5.35 210.72 Aylmer-Eth N/A -0.75 -0.75 -0.75 N/A Sarn-Eth -0.70 -0.70 -0.60 -0.60 6.31 248.41N/A Cllngwd-Eth -0.70N/A N/A N/A 6.31 248.41-0.70* 5.40 212.69 Kwrth-Eth N/A N/A N/A N/A N/A London-Cas N/A N/A -0.70 -0.70 -0.70 5.40 212.69 Pt.Colb-Cas N/A N/A N/A N/A -0.65 5.45 214.66 Cardnl-Cas N/A N/A N/A N/A -0.60 5.50 216.62 W O Feed -0.56 -0.53 6.45 254.08 US Rep -0.15 -0.12 6.86 270.07 Toledo El. -0.17 6.84 269.11 -0.46 5.65 222.28 TRANSFER Sarnia -0.95 6.06 238.57 -1.00 5.10 200.88 Pt. Stanley -1.00 6.01 236.60 -1.00 5.10200 7/8 Hamilton -0.97 6.04 237.78 -0.74 5.36211 1/9 MID SD CRN -0.94 6.07 HI SD CRN -0.93 6.08 *Wet Bid Bank of Canada Noon exchange rate was 0.9686 down 0.0027 Chicago soybeans closed lower. MAY11 HI 13.83 3/4 NOV11 HI 13.46 LOW 13.47 1/4 LOW 13.13 CLOSE13.49 Down 33 CLOSE 13.20 Down 26 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL11 CK Low -1.31 12.18 447.54-1.50 11.70 429.90 CK High -1.25 12.24 449.74-1.40 11.80 433.58 CK Average -1.27 -0.8512.22 448.86-1.47-1.0811.73 431.15 Essex Cty -1.18 12.31 452.32-1.38 11.82 434.31 Mdsx Low -1.28 12.21 448.64-1.50 11.70 429.90 Mdsx High -1.20 12.29 451.58-1.42 11.78 432.84 Mdsx Average -1.24 -0.8212.25 449.99-1.45-1.0711.75 431.62 Hensall -1.28 12.22 448.82-1.53 11.68 428.98 Bruce -1.25 12.24 449.74-1.50 11.70 429.90 Putnam -1.25 12.24 449.74-1.50 11.70 429.90 Princeton -1.15 12.34 453.42-1.40 11.80 433.58 Durham -1.24 12.25 450.11-1.46 11.74 431.37 Norfolk -1.19 12.30 451.95-1.41 11.79 433.21 Trenton -1.45 12.04 442.39-1.40 11.80 433.58 Winchester -1.42 12.07 443.50-1.32 11.88 436.52 North Gower -1.40 12.09 444.23-1.30 11.90 437.25 Huron FOB -1.15 12.34 453.42-1.45 11.75 431.74 Kent FOB -1.24 12.25 450.11-1.46 11.74 431.37 Lambton FOB -1.24 12.25 450.11-1.46 11.74 431.37 Middlesex FOB-1.05-1.00-0.90 N/A 12.44 457.09-1.12 12.08 443.86 PROCESSORS Hamilton -0.85-0.80-0.80-0.75 12.64 464.44-0.80 12.40 455.62 Windsor -0.79-0.72-0.70-0.76 12.70 466.65-0.97 12.23 449.38 Winchester -1.32 12.17 447.17-1.22 11.98 440.19 TRANSFER Hamilton -0.90 N/A N/A N/A 12.59 462.60-0.85 12.35 453.78 Pt. Stanley -1.35 12.14 446.07-1.30 11.90 437.25 Sarnia -0.98 12.51 459.66-0.90 12.30 451.95 Owen Sound N/A N/A Sorel QC -0.60 12.89 473.63-0.55 12.65 464.81 Toledo El. -0.24 13.25 486.78-0.47 12.73 467.90 Bank of Canada Noon exchange rate was 0.9686 down 0.0027 Chicago wheat closed lower. MAY11 HI 7.89 JUL11 HI 8.21 LOW 7.49 1/4 LOW 7.81 1/4 CLOSE 7.58 3/4 Down 21 CLOSE 7.91 Down 20 1/2 Minni wheat closed moderately lower. MAY11 HI 9.29 SEP11 HI 9.30 LOW 8.94 LOW 8.97 3/4 CLOSE 9.03 3/4 Down 18 1/2 CLOSE 9.09 1/2 Down 16 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.06 -0.58 -1.06 -0.70 CAD $/bu 6.53 7.01 6.53 8.34 CAD $/tonne 239.79 257.59 239.79 306.35 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 -0.99 -0.65 -1.18 N/A -1.40 -1.45 -2.18 N/A Hensall -0.85 N/A -1.20 N/A -1.20 N/A -2.05 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 -1.30 N/A N/A N/A -2.16 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 -2.05 N/A Brigden N/A -0.50 -1.25 N/A N/A -1.40 -2.05 N/A Palmerston N/A -0.58 -1.15 -0.19 N/A -1.01 -2.03 -0.88 Mitchell -0.85 -0.75 -1.20 N/A -1.20 -1.25 -2.05 N/A Thornton N/A N/A N/A -1.59 N/A N/A N/A -1.91 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 -0.50 N/A N/A N/A -1.20 N/A Pt. Stanley N/A N/A -1.00 N/A N/A N/A -1.65 N/A PROCESSORS Toledo FM N/A 0.21 -0.67 N/A 0.01 -0.04 -0.81 N/A Toledo El. 7.08US 6.86CA 7.18US 6.97CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.15 -0.81 -1.74 -0.99 CAD $/bu 6.76 7.10 6.17 8.10 CAD $/tonne 248.24 260.72 226.84 297.64 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 295.00 - 300.00 Bayport Oats 300.00 Bayport Barley 257.00 FOB Hm Soymeal 373.58 - 374.68 DDG's FOB Srn, Wndr, Aylm 190.00 - 205.00