FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, April 4 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9679 up 0.0050 Chicago corn closed moderately to sharply higher. MAY11 HI 7.65 DEC11 HI 6.45 1/2 LOW 7.34 LOW 6.34 CLOSE7.60 1/4 Up 24 1/4 CLOSE 6.45 1/2 Up 8 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 6.90 271.74 -1.05 5.41 212.79 CK High -0.70 6.90 271.74 -1.00 5.46 214.75 CK Avg -0.70 -0.47 6.90 271.74 -1.02 -0.82 5.44 214.10 Essex Cty -0.70 6.90 271.74 -1.00 5.46 214.75 Mdsx Low -0.70 6.90 271.74 -1.05 5.41 212.79 Mdsx High -0.70 6.90 271.74 -1.00 5.46 214.75 Mdsx Avg -0.70 -0.47 6.90 271.74 -1.02 -0.82 5.44 214.10 Hensall -0.70 6.90 271.74 -1.05 5.41 212.79 Bruce -0.70 6.90 271.74 -1.00 5.46 214.75 Putnam -0.70 6.90 271.74 -1.00 5.46 214.75 Princeton -0.70 6.90 271.74 -1.00 5.46 214.75 Durham -0.75 6.85 269.77 -1.05 5.41 212.79 Norfolk -0.70 6.90 271.74 -1.00 5.46 214.75 Trenton -0.80 6.80 267.80 -1.05 5.41 212.79 Winchester -0.50 7.10 279.61 -0.90 5.56 218.69 North Gower -0.55 7.05 277.64 -0.85 5.61 220.66 Huron FOB -0.65 6.95 273.71 -1.05 5.41 212.79 Kent FOB -0.70 6.90 271.74 -1.00 5.46 214.75 Lamb FOB -0.70 6.90 271.74 -1.00 5.46 214.75 Mdsx FOB -0.70 -0.75 -0.70N/A 6.90 271.74 -1.05 5.41 212.79 FOB SW Que -0.55 7.05 277.64 -0.75 5.71 224.60 Track -0.28 7.33 288.47N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.80 5.66 222.63 Jhnstwn-Eth N/A N/A N/A N/A -0.75 5.71 224.60 Aylmer-Eth -0.65 -0.55 -0.55N/A 6.95 273.71N/A Sarn-Eth -0.55 -0.45 -0.40 -0.30 7.05 277.64N/A Cllngwd-Eth -0.45N/A N/A N/A 7.15 281.58-0.70* 5.76 226.56 Kwrth-Eth -0.55N/A N/A N/A 7.05 277.64N/A London-Cas N/A N/A -0.65 -0.05 -0.70 5.76 226.56 Pt.Colb-Cas N/A N/A N/A 0.05 -0.65 5.81 228.53 Cardnl-Cas N/A N/A N/A 0.10 -0.60 5.86 230.50 W O Feed -0.42 -0.39 7.18 282.76 US Rep 0.10 0.13 7.70 303.23 Toledo El. -0.13 7.48 294.34 -0.27 6.18 243.44 TRANSFER Sarnia -0.70 6.90 271.74 -1.00 5.46 214.75 Pt. Stanley -0.85 6.75 265.83 -1.05 5.41212 7/9 Hamilton -0.55 7.05 277.64 -0.78 5.68223 2/5 MID SD CRN -0.70 6.90 1/4 HI SD CRN -0.70 6.90 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9679 up 0.0050 Chicago soybeans closed slightly lower. MAY11 HI 14.02 3/4 NOV11 HI 13.98 LOW 13.79 LOW 13.82 1/4 CLOSE13.84 Down 9 3/4 CLOSE 13.89 Down 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG11 CK Low -1.19 12.65 464.81-1.45 12.44 457.09 CK High -1.05 12.79 469.95-1.37 12.52 460.03 CK Average -1.10 -0.6712.74 468.11-1.41-0.9812.48 458.49 Essex Cty -1.08 12.76 468.85-1.34 12.55 461.13 Mdsx Low -1.10 12.74 468.11-1.45 12.44 457.09 Mdsx High -1.05 12.79 469.95-1.02 12.87 472.89 Mdsx Average -1.08 -0.6512.76 468.97-1.27-0.8512.62 463.58 Hensall -1.03 12.82 470.87-1.45 12.44 457.09 Bruce -1.05 12.79 469.95-1.45 12.44 457.09 Putnam -1.05 12.79 469.95-1.45 12.44 457.09 Princeton -1.08 12.76 468.85-1.37 12.52 460.03 Durham -1.04 12.80 470.32-1.37 12.52 460.03 Norfolk -1.05 12.79 469.95-1.36 12.53 460.40 Trenton -1.10 12.74 468.11-1.35 12.54 460.77 Winchester -1.15 12.69 466.28-1.24 12.65 464.81 North Gower -1.05 12.79 469.95-1.10 12.79 469.95 Huron FOB -0.80 13.04 479.14-1.35 12.54 460.77 Kent FOB -1.10 12.74 468.11-1.41 12.48 458.56 Lambton FOB -1.10 12.74 468.11-1.41 12.48 458.56 Middlesex FOB-0.90-0.90-0.90 N/A 12.94 475.46-1.35 12.54 460.77 PROCESSORS Hamilton -0.60-0.65-0.80-0.85 13.24 486.49-0.90 12.99 477.30 Windsor -0.60-0.62-0.71-0.70 13.24 486.49-0.86 13.03 478.77 Winchester -1.05 12.79 469.95-1.14 12.75 468.48 TRANSFER Hamilton -0.63 N/A N/A N/A 13.21 485.38-0.87 13.02 478.40 Pt. Stanley -1.12 12.72 467.38-1.36 12.53 460.40 Sarnia -0.91 12.93 475.10-0.83 13.06 479.87 Owen Sound N/A N/A Sorel QC -0.45 13.39 492.00-0.45 13.44 493.84 Toledo El. -0.19 13.65 501.41-0.42 13.47 495.06 Bank of Canada Noon exchange rate was 0.9679 up 0.0050 Chicago wheat closed higher. MAY11 HI 7.92 JUL11 HI 8.29 LOW 7.64 1/4 LOW 8.01 CLOSE 7.90 Up 30 1/2 CLOSE 8.26 3/4 Up 30 3/4 Minni wheat closed higher. MAY11 HI 9.63 3/4 SEP11 HI 9.73 1/2 LOW 9.22 1/2 LOW 9.33 CLOSE 9.61 1/2 Up 39 CLOSE 9.71 3/4 Up 37 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.73 -0.34 -0.78 -0.57 CAD $/bu 7.17 7.56 7.12 9.05 CAD $/tonne 263.52 277.77 261.74 332.43 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 -1.70 N/A London -1.01 -0.62 -1.16 N/A -1.27 -1.22 -1.66 N/A Hensall N/A N/A N/A N/A -0.95 N/A -1.60 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 -1.03 N/A N/A N/A -1.80 N/A Norwich N/A N/A N/A N/A -0.95 N/A -1.60 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge N/A N/A N/A N/A -0.95 N/A -1.65 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 -1.10 -0.14 N/A -0.96 -1.63 -0.94 Mitchell N/A -0.40 N/A N/A -0.95 -0.90 -1.60 N/A Thornton N/A N/A N/A -1.47 N/A N/A N/A -1.80 North Gower N/A N/A N/A N/A N/A N/A N/A -1.43 TERMINAL Sarnia -1.02 -0.35 -0.73 N/A -1.02 -0.68 -1.41 N/A Hamilton N/A N/A -0.36 N/A N/A N/A -1.07 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A -1.51 N/A PROCESSORS Toledo FM N/A N/A -0.44 N/A -0.01 0.13 -0.64 N/A Toledo El. 7.59US 7.36CA 7.54US 7.31CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.98 -0.64 -1.56 -0.88 CAD $/bu 7.29 7.63 6.70 8.84 CAD $/tonne 267.71 280.17 246.34 324.69 (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 382.51 - 385.82 DDG's FOB Srn, Wndr, Aylm 190.00 - 210.00