FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, March 15 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.983 up 0.0071 Chicago corn closed limit down. MAY11 HI 6.67 3/4 DEC11 HI 5.80 3/4 LOW 6.36 LOW 5.48 CLOSE6.36 Down 30 CLOSE 5.48 Down 30 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 5.41 212.98 -1.00 4.48 176.37 CK High -0.90 5.46 214.95 -1.00 4.48 176.37 CK Avg -0.93 -0.82 5.44 213.97 -1.00 -0.91 4.48 176.37 Essex Cty -0.95 5.41 212.98 -1.00 4.48 176.37 Mdsx Low -0.95 5.41 212.98 -1.00 4.48 176.37 Mdsx High -0.90 5.46 214.95 -1.00 4.48 176.37 Mdsx Avg -0.93 -0.83 5.43 213.64 -1.00 -0.91 4.48 176.37 Hensall -0.90 5.46 214.95 -1.00 4.48 176.37 Bruce -0.90 5.46 214.95 -1.00 4.48 176.37 Putnam -0.90 5.46 214.95 -1.00 4.48 176.37 Princeton -0.95 5.41 212.98 -1.00 4.48 176.37 Durham -1.00 5.36 211.01 -1.05 4.43 174.40 Norfolk -0.95 5.41 212.98 -1.00 4.48 176.37 Trenton -0.85 5.51 216.92 -1.00 4.48 176.37 Winchester -0.75 5.61 220.86 -0.95 4.53 178.34 North Gower -0.95 5.41 212.98 -0.85 4.63 182.28 Huron FOB -0.85 5.51 216.92 -1.00 4.48 176.37 Kent FOB -0.95 5.41 212.98 -1.00 4.48 176.37 Lamb FOB -0.95 5.41 212.98 -1.00 4.48 176.37 Mdsx FOB -0.80 -0.75 -0.75 -0.75 5.56 218.89 -0.90 4.58 180.31 FOB SW Que -0.40 5.96 234.63 -0.60 4.88 192.12 Track -0.53 5.84 229.71N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.80 4.68 184.24 Jhnstwn-Eth N/A N/A N/A N/A -0.75 4.73 186.21 Aylmer-Eth N/A -0.60 -0.60 -0.60 N/A Sarn-Eth -0.60 -0.50 -0.40 -0.40 5.76 226.76N/A Cllngwd-Eth -0.65N/A N/A N/A 5.71 224.79-0.70* 4.78 188.18 Kwrth-Eth N/A -0.50N/A N/A N/A London-Cas N/A N/A -0.70 -0.70 -0.70 4.78 188.18 Pt.Colb-Cas N/A N/A N/A N/A -0.65 4.83 190.15 Cardnl-Cas N/A N/A N/A N/A -0.50 4.98 196.05 W O Feed -0.56 -0.54 5.80 228.34 US Rep -0.15 -0.13 6.21 244.48 Toledo El. -0.20 6.16 242.64 -0.46 5.02 197.54 TRANSFER Sarnia -0.95 5.41 212.98 -1.00 4.48 176.37 Pt. Stanley -0.85 5.51 216.92 -0.90 4.58180 1/3 Hamilton -0.41 5.95 234.24 -0.66 4.82189 3/4 MID SD CRN -0.92 1/2 5.43 1/2 HI SD CRN -0.90 5.46 *Wet Bid Bank of Canada Noon exchange rate was 0.983 up 0.0071 Chicago soybeans closed limit down. MAY11 HI 13.46 NOV11 HI 13.13 1/4 LOW 12.7 LOW 12.38 CLOSE12.70 Down 70 CLOSE 12.38 Down 70 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL11 CK Low -1.07 11.63 427.33-1.24 11.14 409.32 CK High -0.95 11.75 431.74-1.20 11.18 410.79 CK Average -1.00 -0.8011.70 429.75-1.21-1.0111.17 410.43 Essex Cty -0.97 11.73 431.00-1.13 11.25 413.37 Mdsx Low -1.01 11.69 429.53-1.24 11.14 409.32 Mdsx High -0.95 11.75 431.74-1.12 11.26 413.73 Mdsx Average -0.99 -0.7811.71 430.39-1.19-0.9811.19 411.28 Hensall -1.00 11.70 429.90-1.23 11.16 409.88 Bruce -1.00 11.70 429.90-1.20 11.18 410.79 Putnam -1.00 11.70 429.90-1.20 11.18 410.79 Princeton -1.02 11.68 429.17-1.17 11.21 411.90 Durham -1.01 11.69 429.53-1.26 11.12 408.59 Norfolk -0.90 11.80 433.58-1.14 11.24 413.00 Trenton -1.05 11.65 428.06-1.15 11.23 412.63 Winchester -1.02 11.68 429.17-1.06 11.32 415.94 North Gower -1.35 11.35 417.04-1.25 11.13 408.96 Huron FOB -0.85 11.85 435.41-1.15 11.23 412.63 Kent FOB -1.16 11.54 424.02-1.40 10.98 403.45 Lambton FOB -1.16 11.54 424.02-1.40 10.98 403.45 Middlesex FOB-0.70-0.70-0.67 N/A 12.00 440.92-0.82 11.56 424.76 PROCESSORS Hamilton -0.55-0.55-0.50-0.60 12.15 446.44-0.65 11.73 431.00 Windsor -0.43-0.43-0.43-0.49 12.27 450.85-0.72 11.66 428.43 Winchester -1.11 11.59 425.86-1.15 11.23 412.63 TRANSFER Hamilton -0.50 N/A N/A N/A 12.20 448.27-0.60 11.78 432.84 Pt. Stanley -0.95 11.75 431.74-1.10 11.28 414.47 Sarnia -0.67 12.03 442.03-0.63 11.75 431.74 Owen Sound N/A N/A Sorel QC -0.50 12.20 448.27-0.40 11.98 440.19 Toledo El. -0.25 12.45 457.61-0.47 11.91 437.54 Bank of Canada Noon exchange rate was 0.983 up 0.0071 Chicago wheat closed sharply lower. MAY11 HI 7.23 1/2 JUL11 HI 7.55 1/4 LOW 6.61 LOW 6.94 CLOSE 6.67 3/4 Down 53 CLOSE 7.00 1/2 Down 52 1/2 Minni wheat closed sharply lower. MAY11 HI 8.61 SEP11 HI 8.73 1/2 LOW 8.02 1/4 LOW 8.17 CLOSE 8.07 1/2 Down 51 3/4 CLOSE 8.20 1/2 Down 49 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.95 -0.36 -0.80 -0.56 CAD $/bu 5.73 6.32 5.88 7.52 CAD $/tonne 210.61 232.29 216.03 276.29 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 -0.55 -1.10 N/A N/A -1.10 -1.90 N/A London -0.80 -0.40 -1.05 N/A -1.25 -1.25 -1.94 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 -1.75 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.30 Essex N/A N/A -1.12 N/A N/A N/A -1.94 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 -0.45 -1.03 -0.03 N/A -0.88 -1.92 -0.73 Mitchell -0.85 -0.75 -1.20 N/A -1.20 -1.25 -2.05 N/A Thornton N/A N/A N/A -1.01 N/A N/A N/A -1.66 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 -0.35 N/A N/A N/A -1.00 N/A Pt. Stanley N/A N/A -0.80 N/A N/A N/A -1.45 N/A PROCESSORS Toledo FM N/A 0.34 -0.55 N/A 0.13 0.08 -0.71 N/A Toledo El. 6.27US 6.16CA 6.38US 6.27CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.85 -0.61 -1.54 -0.82 CAD $/bu 6.15 6.40 5.46 7.38 CAD $/tonne 226.06 235.09 200.76 271.23 (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 361.34 - 366.86 DDG's FOB Srn, Wndr, Aylm 190.00 - 205.00