FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, April 15 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9615 down 0.0011 Chicago corn closed mixed. MAY11 HI 7.58 1/4 DEC11 HI 6.60 LOW 7.39 1/2 LOW 6.48 CLOSE7.42 Down 12 1/4 CLOSE 6.56 Up 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +JUL11+JUL11+SEP11 CK Low -0.80 6.62 260.62 -1.10 5.46 214.95 CK High -0.75 6.67 262.59 -1.10 5.46 214.95 CK Avg -0.78 -0.49 6.64 261.54 -1.10 -0.85 5.46 214.95 Essex Cty -0.80 6.62 260.62 -1.10 5.46 214.95 Mdsx Low -0.80 6.62 260.62 -1.10 5.46 214.95 Mdsx High -0.75 6.67 262.59 -1.10 5.46 214.95 Mdsx Avg -0.77 -0.49 6.65 261.67 -1.10 -0.85 5.46 214.95 Hensall -0.79 6.64 261.21 -1.10 5.46 214.95 Bruce -0.77 6.65 261.80 -1.10 5.46 214.95 Putnam -0.77 6.65 261.80 -1.10 5.46 214.95 Princeton -0.80 6.62 260.62 -1.10 5.46 214.95 Durham -0.80 6.62 260.62 -1.05 5.51 216.92 Norfolk -0.77 6.65 261.80 -1.10 5.46 214.95 Trenton -0.75 6.67 262.59 -1.10 5.46 214.95 Winchester -0.55 6.87 270.46 -1.00 5.56 218.89 North Gower N/A N/A Huron FOB -0.75 6.67 262.59 -1.05 5.51 216.92 Kent FOB -0.77 6.65 261.80 -1.10 5.46 214.95 Lamb FOB -0.77 6.65 261.80 -1.10 5.46 214.95 Mdsx FOB -0.75 -0.75 -0.65N/A 6.67 262.59 -1.10 5.46 214.95 FOB SW Que -0.45 6.97 274.40 -0.85 5.71 224.79 Track -0.40 7.02 276.37N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.80 5.76 226.76 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth -0.65 -0.55 -0.55N/A 6.77 266.52N/A Sarn-Eth N/A N/A -0.50 -0.45 N/A Cllngwd-Eth -0.65N/A N/A N/A 6.77 266.52-0.75* 5.81 228.73 Kwrth-Eth N/A -0.45N/A N/A N/A London-Cas N/A N/A -0.50 0.15 -0.80 5.76 226.76 Pt.Colb-Cas N/A N/A N/A 0.20 -0.75 5.81 228.73 Cardnl-Cas N/A N/A N/A 0.25 -0.75 5.81 228.73 W O Feed -0.33 -0.29 7.09 279.28 US Rep 0.10 0.14 7.52 296.05 Toledo El. -0.13 7.29 287.19 -0.27 6.29 247.65 TRANSFER Sarnia -0.80 6.62 260.62 -1.10 5.46 214.95 Pt. Stanley -0.78 6.64 261.41 -1.10 5.46215 Hamilton -0.50 6.92 272.43 -0.81 5.75226 3/8 MID SD CRN -0.77 1/2 6.64 1/2 HI SD CRN -0.75 6.67 *Wet Bid Bank of Canada Noon exchange rate was 0.9615 down 0.0011 Chicago soybeans closed mixed. MAY11 HI 13.38 1/2 NOV11 HI 13.51 1/4 LOW 13.22 1/4 LOW 13.32 CLOSE13.31 3/4 Up 3/4 CLOSE 13.39 3/4 Down 5 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG11 CK Low -1.14 12.18 447.45-1.41 11.99 440.47 CK High -1.05 12.27 450.75-1.35 12.05 442.67 CK Average -1.08 -0.5812.23 449.50-1.38-0.8712.02 441.49 Essex Cty -1.05 12.27 450.75-1.28 12.12 445.24 Mdsx Low -1.18 12.14 446.05-1.57 11.83 434.59 Mdsx High -1.05 12.27 450.75-1.40 12.00 440.83 Mdsx Average -1.11 -0.6012.21 448.70-1.46-0.9511.94 438.63 Hensall -1.05 12.27 450.75-1.43 11.97 439.91 Bruce -1.05 12.27 450.75-1.40 12.00 440.83 Putnam -1.05 12.27 450.75-1.40 12.00 440.83 Princeton -1.08 12.24 449.65-1.31 12.09 444.14 Durham -1.09 12.23 449.28-1.40 12.00 440.83 Norfolk -1.00 12.32 452.59-1.32 12.08 443.77 Trenton -1.20 12.12 445.24-1.35 12.05 442.67 Winchester -1.40 11.92 437.89-1.25 12.15 446.34 North Gower N/A N/A Huron FOB -0.90 12.42 456.27-1.25 12.15 446.34 Kent FOB -1.08 12.24 449.65-1.37 12.03 441.93 Lambton FOB -1.08 12.24 449.65-1.37 12.03 441.93 Middlesex FOB-0.76-0.76 N/A N/A 12.56 461.41-1.23 12.17 447.08 PROCESSORS Hamilton -0.50-0.50-0.65-0.65 12.82 470.96-0.90 12.50 459.20 Windsor -0.68-0.70-0.79-0.77 12.64 464.35-0.99 12.41 455.90 Winchester -1.40 11.92 437.89-1.25 12.15 446.34 TRANSFER Hamilton -0.55 N/A N/A N/A 12.77 469.13-0.95 12.45 457.37 Pt. Stanley -1.10 12.22 448.92-1.40 12.00 440.83 Sarnia -0.94 12.38 454.80-0.91 12.49 458.84 Owen Sound N/A N/A Sorel QC -0.35 12.97 476.47-0.60 12.80 470.23 Toledo El. -0.17 13.14 482.97-0.41 12.98 477.08 Bank of Canada Noon exchange rate was 0.9615 down 0.0011 Chicago wheat closed slightly higher. MAY11 HI 7.48 3/4 JUL11 HI 7.84 1/2 LOW 7.30 LOW 7.65 1/4 CLOSE 7.44 1/4 Up 3 3/4 CLOSE 7.80 Up 3 3/4 Minni wheat closed slightly lower. MAY11 HI 8.94 1/4 SEP11 HI 9.05 1/4 LOW 8.80 LOW 8.93 CLOSE 8.89 Down 3/4 CLOSE 8.99 3/4 Down 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.72 -0.19 -0.67 -0.44 CAD $/bu 6.73 7.25 6.77 8.45 CAD $/tonne 247.12 266.56 248.89 310.64 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 -0.40 -0.95 N/A N/A -0.80 -1.50 N/A London -0.76 -0.38 -0.96 N/A -1.08 -0.79 -1.47 N/A Hensall -0.55 N/A -0.90 N/A -0.80 N/A -1.50 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 -0.91 N/A N/A N/A -1.54 N/A Norwich -0.55 N/A -0.90 N/A -0.80 N/A -1.50 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.55 N/A -0.90 N/A -0.80 N/A -1.50 N/A Chatham N/A -0.37 -0.93 N/A N/A -0.77 -1.47 N/A Brigden N/A -0.37 -0.93 N/A N/A -0.77 -1.47 N/A Palmerston N/A -0.35 -0.90 0.09 N/A -0.74 -1.40 -0.82 Mitchell -0.55 -0.40 -0.90 N/A -0.80 -0.70 -1.50 N/A Thornton N/A N/A N/A -1.80 N/A N/A N/A -1.31 North Gower N/A N/A N/A N/A N/A N/A N/A N/A TERMINAL Sarnia -0.85 -0.03 -0.56 N/A -0.93 -0.40 -1.17 N/A Hamilton N/A N/A -0.40 N/A N/A N/A -1.00 N/A Pt. Stanley N/A N/A -0.85 N/A N/A N/A -1.45 N/A PROCESSORS Toledo FM N/A N/A -0.38 N/A -0.06 0.28 -0.63 N/A Toledo El. 7.21US 6.94CA 7.07US 6.80CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.97 -0.49 -1.36 -0.92 CAD $/bu 6.83 7.31 6.44 8.08 CAD $/tonne 250.92 268.59 236.78 296.77 (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 367.30 - 369.50 DDG's FOB Srn, Wndr, Aylm 210.00 - 230.00