FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, April 5 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9636 down 0.0043 Chicago corn closed slightly to moderately higher. MAY11 HI 7.70 3/4 DEC11 HI 6.47 1/2 LOW 7.54 1/2 LOW 6.37 1/4 CLOSE7.66 3/4 Up 6 1/2 CLOSE 6.46 3/4 Up 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +JUL11+JUL11+SEP11 CK Low -0.70 6.97 274.30 -1.05 5.42 213.28 CK High -0.70 6.97 274.30 -1.00 5.47 215.25 CK Avg -0.70 -0.43 6.97 274.30 -1.03 -0.81 5.43 213.93 Essex Cty -0.70 6.97 274.30 -1.00 5.47 215.25 Mdsx Low -0.70 6.97 274.30 -1.05 5.42 213.28 Mdsx High -0.70 6.97 274.30 -1.00 5.47 215.25 Mdsx Avg -0.70 -0.43 6.97 274.30 -1.03 -0.81 5.43 213.93 Hensall -0.70 6.97 274.30 -1.05 5.42 213.28 Bruce -0.70 6.97 274.30 -1.05 5.42 213.28 Putnam -0.70 6.97 274.30 -1.05 5.42 213.28 Princeton -0.70 6.97 274.30 -1.00 5.47 215.25 Durham -0.80 6.87 270.36 -1.10 5.37 211.31 Norfolk -0.70 6.97 274.30 -1.05 5.42 213.28 Trenton -0.75 6.92 272.33 -1.05 5.42 213.28 Winchester -0.50 7.17 282.17 -0.95 5.52 217.21 North Gower -0.55 7.12 280.20 -0.85 5.62 221.15 Huron FOB -0.65 7.02 276.27 -1.05 5.42 213.28 Kent FOB -0.70 6.97 274.30 -1.05 5.42 213.28 Lamb FOB -0.70 6.97 274.30 -1.05 5.42 213.28 Mdsx FOB -0.70 -0.70 -0.65N/A 6.97 274.30 -1.05 5.42 213.28 FOB SW Que -0.50 7.17 282.17 -0.90 5.57 219.18 Track -0.28 7.39 291.03N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.80 5.67 223.12 Jhnstwn-Eth N/A N/A N/A N/A -0.75 5.72 225.09 Aylmer-Eth -0.65 -0.55 -0.55N/A 7.02 276.27N/A Sarn-Eth -0.55 -0.45 -0.40 -0.30 7.12 280.20N/A Cllngwd-Eth N/A N/A N/A N/A -0.75* 5.72 225.09 Kwrth-Eth -0.50N/A N/A N/A 7.17 282.17N/A London-Cas N/A N/A -0.65 -0.05 -0.80 5.67 223.12 Pt.Colb-Cas N/A N/A N/A 0.10 -0.75 5.72 225.09 Cardnl-Cas N/A N/A N/A 0.15 -0.75 5.72 225.09 W O Feed -0.42 -0.38 7.25 285.32 US Rep 0.10 0.14 7.77 305.79 Toledo El. -0.13 7.54 296.92 -0.27 6.20 243.97 TRANSFER Sarnia -0.70 6.97 274.30 -1.00 5.47 215.25 Pt. Stanley -0.85 6.82 268.39 -1.05 5.42213 2/7 Hamilton -0.35 7.32 288.08 -0.78 5.69224 MID SD CRN -0.70 6.96 3/4 HI SD CRN -0.70 6.96 3/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9636 down 0.0043 Chicago soybeans closed slightly lower. MAY11 HI 13.89 3/4 NOV11 HI 13.92 1/2 LOW 13.66 1/2 LOW 13.70 1/2 CLOSE13.73 1/4 Down 10 3/4 CLOSE 13.78 3/4 Down 10 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG11 CK Low -1.13 12.60 463.06-1.45 12.34 453.33 CK High -1.05 12.68 466.00-1.37 12.42 456.27 CK Average -1.08 -0.6012.66 465.05-1.42-0.9412.37 454.35 Essex Cty -1.07 12.66 465.27-1.36 12.43 456.63 Mdsx Low -1.15 12.58 462.33-1.43 12.36 454.06 Mdsx High -1.05 12.68 466.00-1.36 12.43 456.63 Mdsx Average -1.10 -0.6212.64 464.29-1.40-0.9212.38 455.04 Hensall -1.03 12.71 466.92-1.45 12.34 453.33 Bruce -1.05 12.68 466.00-1.45 12.34 453.33 Putnam -1.05 12.68 466.00-1.45 12.34 453.33 Princeton -1.08 12.65 464.90-1.37 12.42 456.27 Durham -1.11 12.62 463.80-1.40 12.39 455.16 Norfolk -1.05 12.68 466.00-1.36 12.43 456.63 Trenton -1.15 12.58 462.33-1.40 12.39 455.16 Winchester -1.22 12.51 459.76-1.31 12.48 458.47 North Gower -1.05 12.68 466.00-1.10 12.69 466.19 Huron FOB -0.80 12.93 475.19-1.35 12.44 457.00 Kent FOB -1.10 12.63 464.16-1.41 12.38 454.80 Lambton FOB -1.10 12.63 464.16-1.41 12.38 454.80 Middlesex FOB-0.870.87 N/A N/A 12.86 472.62-1.24 12.55 461.04 PROCESSORS Hamilton -0.65-0.70-0.85-0.90 13.08 480.70-0.95 12.84 471.70 Windsor -0.66-0.68-0.78-0.77 13.07 480.33-0.96 12.83 471.33 Winchester -1.05 12.68 466.00-1.14 12.65 464.72 TRANSFER Hamilton -0.65 N/A N/A N/A 13.08 480.70-0.85 12.94 475.37 Pt. Stanley -1.10 12.63 464.16-1.30 12.49 458.84 Sarnia -0.91 12.82 471.15-0.90 12.89 473.53 Owen Sound N/A N/A Sorel QC -0.50 13.23 486.21-0.50 13.29 488.23 Toledo El. -0.19 13.54 497.49-0.42 13.37 491.35 Bank of Canada Noon exchange rate was 0.9636 down 0.0043 Chicago wheat closed slightly lower. MAY11 HI 7.98 1/4 JUL11 HI 8.35 LOW 7.78 1/2 LOW 8.15 1/2 CLOSE 7.86 1/4 Down 3 3/4 CLOSE 8.22 3/4 Down 4 Minni wheat closed slightly higher. MAY11 HI 9.73 1/2 SEP11 HI 9.81 LOW 9.56 1/2 LOW 9.66 CLOSE 9.62 1/4 Up 3/4 CLOSE 9.72 3/4 Up 1 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.76 -0.37 -0.80 -0.60 CAD $/bu 7.11 7.49 7.06 9.02 CAD $/tonne 261.13 275.31 259.35 331.35 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 -0.50 -1.00 N/A N/A -0.80 -1.60 N/A London -1.00 -0.61 -1.14 N/A -1.28 -1.13 -1.67 N/A Hensall -0.60 N/A -0.95 N/A -0.95 N/A -1.55 N/A Trenton N/A N/A N/A N/A N/A N/A -1.45 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -1.30 Essex N/A N/A -1.06 N/A N/A N/A -1.83 N/A Norwich -0.60 N/A -0.95 N/A -0.95 N/A -1.55 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 -1.60 N/A Chatham N/A -0.45 -1.17 N/A N/A -0.85 -1.72 N/A Brigden N/A -0.45 -1.17 N/A N/A -0.85 -1.72 N/A Palmerston N/A -0.56 -1.09 -0.14 N/A -0.96 -1.63 -0.94 Mitchell -0.60 -0.40 -0.95 N/A -0.95 -0.90 -1.55 N/A Thornton N/A N/A N/A -1.51 N/A N/A N/A -1.71 North Gower N/A N/A N/A N/A N/A N/A N/A -1.43 TERMINAL Sarnia -0.84 -0.16 -0.60 N/A -1.05 -0.64 -1.37 N/A Hamilton N/A N/A -0.35 N/A N/A N/A -0.85 N/A Pt. Stanley N/A N/A -0.80 N/A N/A N/A -1.30 N/A PROCESSORS Toledo FM N/A N/A -0.47 N/A -0.04 0.10 -0.67 N/A Toledo El. 7.55US 7.29CA 7.50US 7.24CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.01 -0.67 -1.59 -0.92 CAD $/bu 7.22 7.56 6.64 8.81 CAD $/tonne 265.20 277.62 243.92 323.72 (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 257.00 FOB Hm Soymeal 378.76 - 382.07 DDG's FOB Srn, Wndr, Aylm 190.00 - 210.00