FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, March 28 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9758 down 0.0020 Chicago corn closed lower. MAY11 HI 6.94 3/4 DEC11 HI 6.15 1/2 LOW 6.68 1/4 LOW 5.96 1/4 CLOSE6.71 Down 18 1/2 CLOSE 5.97 Down 12 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 -0.85 5.86 230.70 -1.00 4.97 195.66 CK High -0.75 5.96 234.63 -0.95 5.02 197.63 CK Avg -0.77 -0.62 5.94 233.85 -0.99 -0.86 4.98 195.99 Essex Cty -0.85 5.86 230.70 -1.00 4.97 195.66 Mdsx Low -0.85 5.86 230.70 -1.00 4.97 195.66 Mdsx High -0.75 5.96 234.63 -1.00 4.97 195.66 Mdsx Avg -0.78 -0.63 5.93 233.32 -1.00 -0.87 4.97 195.66 Hensall -0.75 5.96 234.63 -1.00 4.97 195.66 Bruce -0.75 5.96 234.63 -1.00 4.97 195.66 Putnam -0.75 5.96 234.63 -1.00 4.97 195.66 Princeton -0.85 5.86 230.70 -1.00 4.97 195.66 Durham -0.80 5.91 232.67 -1.05 4.92 193.69 Norfolk -0.77 5.94 233.85 -0.95 5.02 197.63 Trenton -0.85 5.86 230.70 -1.05 4.92 193.69 Winchester -0.60 6.11 240.54 -0.90 5.07 199.60 North Gower -0.60 6.11 240.54 -0.85 5.12 201.57 Huron FOB -0.75 5.96 234.63 -1.00 4.97 195.66 Kent FOB -0.77 5.94 233.85 -0.95 5.02 197.63 Lamb FOB -0.77 5.94 233.85 -0.95 5.02 197.63 Mdsx FOB -0.75 -0.75 -0.75N/A 5.96 234.63 -1.00 4.97 195.66 FOB SW Que -0.40 6.31 248.41 -0.60 5.37 211.41 Track -0.30 6.41 252.35N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.80 5.17 203.53 Jhnstwn-Eth N/A N/A N/A N/A -0.75 5.22 205.50 Aylmer-Eth N/A -0.65 -0.55 -0.55 N/A Sarn-Eth N/A -0.55 -0.45 -0.40 N/A Cllngwd-Eth -0.55N/A N/A N/A 6.16 242.51-0.70* 5.27 207.47 Kwrth-Eth N/A -0.40N/A N/A N/A London-Cas N/A N/A N/A -0.70 -0.70 5.27 207.47 Pt.Colb-Cas N/A N/A N/A N/A -0.65 5.32 209.44 Cardnl-Cas N/A N/A N/A N/A -0.60 5.37 211.41 W O Feed -0.41 -0.39 6.30 248.02 US Rep 0.10 0.12 6.81 268.10 Toledo El. -0.13 6.58 259.16 -0.46 5.51 216.94 TRANSFER Sarnia -0.85 5.86 230.70 -1.00 4.97 195.66 Pt. Stanley -0.80 5.91 232.67 -0.90 5.07199 3/5 Hamilton -0.40 6.31 248.41 -0.70 5.27207 1/2 MID SD CRN -0.80 5.91 HI SD CRN -0.75 5.96 *Wet Bid Bank of Canada Noon exchange rate was 0.9758 down 0.0020 Chicago soybeans closed slightly lower. MAY11 HI 13.69 NOV11 HI 13.60 1/2 LOW 13.47 LOW 13.40 CLOSE13.48 1/2 Down 9 3/4 CLOSE 13.42 Down 8 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL11 CK Low -1.05 12.44 456.91-1.25 12.17 447.17 CK High -0.98 12.51 459.48-1.20 12.22 449.01 CK Average -1.01 -0.7112.47 458.23-1.24-0.9412.18 447.61 Essex Cty -0.99 12.50 459.11-1.15 12.27 450.85 Mdsx Low -1.06 12.43 456.54-1.25 12.17 447.17 Mdsx High -0.97 12.52 459.85-1.20 12.22 449.01 Mdsx Average -1.01 -0.7112.48 458.38-1.22-0.9212.20 448.15 Hensall -1.00 12.49 458.75-1.25 12.17 447.17 Bruce -1.00 12.49 458.75-1.25 12.17 447.17 Putnam -1.00 12.49 458.75-1.25 12.17 447.17 Princeton -1.00 12.49 458.75-1.19 12.23 449.38 Durham -0.93 12.56 461.32-1.22 12.20 448.27 Norfolk -0.93 12.56 461.32-1.22 12.20 448.27 Trenton -1.15 12.34 453.23-1.25 12.17 447.17 Winchester -1.10 12.39 455.07-1.19 12.23 449.38 North Gower -1.00 12.49 458.75-1.05 12.37 454.52 Huron FOB -0.85 12.64 464.26-1.15 12.27 450.85 Kent FOB -0.98 12.51 459.48-1.27 12.15 446.44 Lambton FOB -0.98 12.51 459.48-1.27 12.15 446.44 Middlesex FOB-0.74-0.74-0.74 N/A 12.75 468.30-0.98 12.44 457.09 PROCESSORS Hamilton -0.50-0.50-0.55-0.70 12.99 477.12-0.75 12.67 465.54 Windsor -0.54-0.54-0.51-0.60 12.95 475.65-0.81 12.61 463.34 Winchester -1.00 12.49 458.75-1.05 12.37 454.52 TRANSFER Hamilton -0.40 N/A N/A N/A 13.09 480.79-0.60 12.82 471.05 Pt. Stanley -0.95 12.54 460.58-1.25 12.17 447.17 Sarnia -0.75 12.74 467.93-0.71 12.71 467.01 Owen Sound N/A N/A Sorel QC -0.30 13.19 484.47-0.30 13.12 482.08 Toledo El. -0.20 13.29 488.30-0.47 12.95 475.86 Bank of Canada Noon exchange rate was 0.9758 down 0.0020 Chicago wheat closed slightly lower. MAY11 HI 7.39 3/4 JUL11 HI 7.75 1/4 LOW 7.21 LOW 7.56 1/2 CLOSE 7.25 1/4 Down 8 CLOSE 7.61 Down 7 3/4 Minni wheat closed slightly lower. MAY11 HI 8.88 3/4 SEP11 HI 9.03 LOW 8.70 1/4 LOW 8.85 CLOSE 8.75 Down 6 CLOSE 8.89 1/2 Down 6 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.65 -0.26 -0.70 -0.47 CAD $/bu 6.60 6.99 6.55 8.28 CAD $/tonne 242.56 256.93 240.76 304.25 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 -0.50 -1.00 N/A N/A -0.95 -1.60 N/A London -0.90 -0.51 -1.65 N/A -1.19 -1.33 -1.77 N/A Hensall -0.60 N/A -0.95 N/A -0.95 N/A -1.70 N/A Trenton N/A N/A N/A N/A N/A N/A -1.55 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.30 Essex N/A N/A -0.94 N/A N/A N/A -1.76 N/A Norwich -0.60 N/A -0.95 N/A -0.95 N/A -1.70 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.60 N/A -0.95 N/A -0.95 N/A -1.70 N/A Chatham N/A -0.50 -1.10 N/A N/A -1.36 -1.63 N/A Brigden N/A -0.50 -1.10 N/A N/A -1.36 -1.63 N/A Palmerston N/A -0.53 -1.09 -0.01 N/A -0.86 -1.55 -0.82 Mitchell -0.60 -0.50 -0.95 N/A -0.95 -0.95 -1.70 N/A Thornton N/A N/A N/A -1.25 N/A N/A N/A -1.63 North Gower N/A N/A N/A N/A N/A N/A N/A -0.70 TERMINAL Sarnia -0.85 -0.21 -0.65 N/A -0.98 -0.73 -1.42 N/A Hamilton N/A N/A -0.30 N/A N/A N/A -1.00 N/A Pt. Stanley N/A N/A -0.75 N/A N/A N/A -1.35 N/A PROCESSORS Toledo FM N/A N/A -0.36 N/A 0.07 0.12 -0.66 N/A Toledo El. 6.89US 6.74CA 7.08US 6.92CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.90 -0.56 -1.49 -0.79 CAD $/bu 6.71 7.05 6.12 8.11 CAD $/tonne 246.42 258.99 224.87 297.97 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 - 300.00 Bayport Oats 300.00 Bayport Barley 255.00 FOB Hm Soymeal 383.17 DDG's FOB Srn, Wndr, Aylm 190.00 - 200.00