FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, March 14 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9759 up 0.0025 Chicago corn closed slightly higher. MAY11 HI 6.74 1/4 DEC11 HI 5.84 3/4 LOW 6.55 LOW 5.66 CLOSE6.66 Up 1 3/4 CLOSE 5.78 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 5.71 224.79 -1.00 4.78 188.18 CK High -0.93 5.73 225.58 -1.00 4.78 188.18 CK Avg -0.94 -0.78 5.72 225.06 -1.00 -0.86 4.78 188.18 Essex Cty -0.95 5.71 224.79 -1.00 4.78 188.18 Mdsx Low -0.95 5.71 224.79 -1.00 4.78 188.18 Mdsx High -0.93 5.73 225.58 -1.00 4.78 188.18 Mdsx Avg -0.94 -0.78 5.72 225.06 -1.00 -0.86 4.78 188.18 Hensall -0.94 5.72 225.19 -1.00 4.78 188.18 Bruce -0.93 5.73 225.58 -1.00 4.78 188.18 Putnam -0.93 5.73 225.58 -1.00 4.78 188.18 Princeton -0.95 5.71 224.79 -1.00 4.78 188.18 Durham -1.00 5.66 222.82 -1.05 4.73 186.21 Norfolk -0.95 5.71 224.79 -1.00 4.78 188.18 Trenton -0.95 5.71 224.79 -1.00 4.78 188.18 Winchester -0.90 5.76 226.76 -0.95 4.83 190.15 North Gower -0.95 5.71 224.79 -0.85 4.93 194.09 Huron FOB -0.90 5.76 226.76 -0.95 4.83 190.15 Kent FOB -0.95 5.71 224.79 -1.00 4.78 188.18 Lamb FOB -0.95 5.71 224.79 -1.00 4.78 188.18 Mdsx FOB -0.90 -0.85 -0.80N/A 5.76 226.76 -1.00 4.78 188.18 FOB SW Que -0.40 6.26 246.45 -0.60 5.18 203.93 Track -0.54 6.12 240.93N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.80 4.98 196.05 Jhnstwn-Eth N/A N/A N/A N/A -0.75 5.03 198.02 Aylmer-Eth N/A -0.60 -0.60 -0.60 N/A Sarn-Eth -0.70 -0.60 -0.50 -0.50 5.96 234.63N/A Cllngwd-Eth -0.65N/A N/A N/A 6.01 236.60-0.70* 5.08 199.99 Kwrth-Eth N/A N/A N/A N/A N/A London-Cas N/A N/A -0.70 -0.70 -0.70 5.08 199.99 Pt.Colb-Cas N/A N/A N/A N/A -0.65 5.13 201.96 Cardnl-Cas N/A N/A N/A N/A -0.50 5.28 207.86 W O Feed -0.56 -0.54 6.10 240.15 US Rep -0.15 -0.13 6.51 256.29 Toledo El. -0.20 6.46 254.51 -0.46 5.32 209.50 TRANSFER Sarnia -0.95 5.71 224.79 -1.00 4.78 188.18 Pt. Stanley -1.00 5.66 222.82 -1.00 4.78188 1/6 Hamilton -0.97 5.69 224.01 -0.74 5.04198 2/5 MID SD CRN -0.94 5.72 HI SD CRN -0.93 5.73 *Wet Bid Bank of Canada Noon exchange rate was 0.9759 up 0.0025 Chicago soybeans closed slightly higher. MAY11 HI 13.42 1/2 NOV11 HI 13.09 LOW 13.17 1/2 LOW 12.80 CLOSE13.40 Up 5 1/2 CLOSE 13.08 Up 8 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL11 CK Low -1.15 12.25 450.11-1.30 11.78 432.84 CK High -1.10 12.30 451.95-1.30 11.78 432.84 CK Average -1.12 -0.7912.28 451.21-1.30-0.9811.78 432.84 Essex Cty -1.14 12.26 450.48-1.30 11.78 432.84 Mdsx Low -1.23 12.17 447.17-1.37 11.71 430.27 Mdsx High -1.10 12.30 451.95-1.26 11.82 434.31 Mdsx Average -1.16 -0.8312.24 449.74-1.31-0.9911.77 432.47 Hensall -1.10 12.30 451.95-1.33 11.76 431.92 Bruce -1.10 12.30 451.95-1.30 11.78 432.84 Putnam -1.10 12.30 451.95-1.30 11.78 432.84 Princeton -1.17 12.23 449.38-1.34 11.74 431.37 Durham -1.11 12.29 451.58-1.28 11.80 433.58 Norfolk -1.11 12.29 451.58-1.35 11.73 431.00 Trenton -1.20 12.20 448.27-1.35 11.73 431.00 Winchester -1.21 12.19 447.91-1.25 11.83 434.68 North Gower -1.35 12.05 442.76-1.25 11.83 434.68 Huron FOB -0.95 12.45 457.46-1.25 11.83 434.68 Kent FOB -1.16 12.24 449.74-1.40 11.68 429.17 Lambton FOB -1.16 12.24 449.74-1.40 11.68 429.17 Middlesex FOB-0.85-0.85-0.80 N/A 12.55 461.13-0.99 12.09 444.23 PROCESSORS Hamilton -0.65-0.65-0.60-0.70 12.75 468.48-0.80 12.28 451.21 Windsor -0.92-0.62-0.60-0.66 12.48 458.56-0.89 12.19 447.91 Winchester -1.11 12.29 451.58-1.25 11.83 434.68 TRANSFER Hamilton -0.90 N/A N/A N/A 12.50 459.30-0.85 12.23 449.38 Pt. Stanley -1.35 12.05 442.76-1.30 11.78 432.84 Sarnia -0.94 12.46 457.83-0.80 12.28 451.21 Owen Sound N/A N/A Sorel QC -0.50 12.90 473.99-0.40 12.68 465.91 Toledo El. -0.24 13.16 483.41-0.47 12.61 463.40 Bank of Canada Noon exchange rate was 0.9759 up 0.0025 Chicago wheat closed slightly higher. MAY11 HI 7.30 JUL11 HI 7.62 LOW 7.06 LOW 7.37 3/4 CLOSE 7.20 3/4 Up 2 CLOSE 7.53 Up 2 1/4 Minni wheat closed narrowly mixed. MAY11 HI 8.63 1/4 SEP11 HI 8.78 LOW 8.46 1/2 LOW 8.60 CLOSE 8.59 1/4 Up 3/4 CLOSE 8.70 Down 2 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.01 -0.42 -0.86 -0.63 CAD $/bu 6.20 6.79 6.35 7.96 CAD $/tonne 227.86 249.36 233.23 292.55 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 -1.20 N/A N/A -1.25 -2.05 N/A London -0.92 -0.53 -1.16 N/A -1.34 -1.34 -2.02 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 -1.95 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.30 Essex N/A N/A -1.21 N/A N/A N/A -2.02 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 -1.19 N/A N/A -1.40 -1.98 N/A Brigden N/A -0.50 -1.19 N/A N/A -1.40 -1.98 N/A Palmerston N/A -0.54 -1.11 -0.14 N/A -0.97 -1.99 -0.83 Mitchell -0.85 -0.75 -1.20 N/A -1.20 -1.25 -2.05 N/A Thornton N/A N/A N/A -1.14 N/A N/A N/A -1.73 North Gower N/A N/A N/A N/A N/A N/A N/A -0.70 TERMINAL Sarnia -1.23 -0.41 -0.84 N/A -1.12 -0.88 -1.71 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 0.27 -0.62 N/A 0.06 0.01 -0.77 N/A Toledo El. 6.80US 6.63CA 6.90US 6.73CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.92 -0.67 -1.60 -0.90 CAD $/bu 6.61 6.86 5.93 7.80 CAD $/tonne 243.00 251.96 217.91 286.72 (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 255.00 FOB Hm Soymeal 377.55 - 383.06 DDG's FOB Srn, Wndr, Aylm 190.00 - 205.00