FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, April 19 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9571 down 0.0120 Chicago corn closed mixed. MAY11 HI 7.57 1/4 DEC11 HI 6.80 LOW 7.47 1/2 LOW 6.67 1/2 CLOSE7.49 Down 2 3/4 CLOSE 6.76 Up 7 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +JUL11+JUL11+SEP11 CK Low -0.80 6.69 263.37 -1.10 5.66 222.82 CK High -0.75 6.74 265.34 -1.10 5.66 222.82 CK Avg -0.76 -0.44 6.73 265.01 -1.10 -0.82 5.66 222.82 Essex Cty -0.80 6.69 263.37 -1.10 5.66 222.82 Mdsx Low -0.80 6.69 263.37 -1.10 5.66 222.82 Mdsx High -0.75 6.74 265.34 -1.10 5.66 222.82 Mdsx Avg -0.77 -0.45 6.72 264.69 -1.10 -0.82 5.66 222.82 Hensall -0.75 6.74 265.34 -1.10 5.66 222.82 Bruce -0.75 6.74 265.34 -1.10 5.66 222.82 Putnam -0.75 6.74 265.34 -1.10 5.66 222.82 Princeton -0.80 6.69 263.37 -1.10 5.66 222.82 Durham -0.80 6.69 263.37 -1.05 5.71 224.79 Norfolk -0.75 6.74 265.34 -1.10 5.66 222.82 Trenton -0.75 6.74 265.34 -1.10 5.66 222.82 Winchester -0.55 6.94 273.22 -1.00 5.76 226.76 North Gower -0.90 6.59 259.44 -1.25 5.51 216.92 Huron FOB -0.75 6.74 265.34 -1.05 5.71 224.79 Kent FOB -0.75 6.74 265.34 -1.10 5.66 222.82 Lamb FOB -0.75 6.74 265.34 -1.10 5.66 222.82 Mdsx FOB -0.75 -0.75 -0.65N/A 6.74 265.34 -1.10 5.66 222.82 FOB SW Que -0.55 6.94 273.22 -0.80 5.96 234.63 Track -0.38 7.12 280.11N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.80 5.96 234.63 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth -0.65 -0.55 -0.55N/A 6.84 269.28N/A Sarn-Eth N/A N/A -0.50 -0.30 N/A Cllngwd-Eth -0.45N/A N/A N/A 7.04 277.15-0.75* 6.01 236.60 Kwrth-Eth N/A -0.40N/A N/A N/A London-Cas N/A N/A -0.50 0.15 -0.80 5.96 234.63 Pt.Colb-Cas N/A N/A N/A 0.20 -0.75 6.01 236.60 Cardnl-Cas N/A N/A N/A 0.25 -0.75 6.01 236.60 W O Feed -0.33 -0.28 7.16 282.03 US Rep 0.10 0.14 7.59 298.81 Toledo El. -0.12 7.37 289.97 -0.27 6.49 255.57 TRANSFER Sarnia -0.80 6.69 263.37 -1.10 5.66 222.82 Pt. Stanley -0.80 6.69 263.37 -1.13 5.63221 2/3 Hamilton -0.51 6.98 274.79 -0.81 5.95234 1/4 MID SD CRN -0.77 1/2 6.71 1/2 HI SD CRN -0.75 6.74 *Wet Bid Bank of Canada Noon exchange rate was 0.9571 down 0.0120 Chicago soybeans closed mixed. MAY11 HI 13.49 NOV11 HI 13.55 1/2 LOW 13.36 1/2 LOW 13.41 1/4 CLOSE13.42 Down 2 1/4 CLOSE 13.54 Up 4 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG11 CK Low -1.20 12.22 449.01-1.50 12.04 442.39 CK High -1.05 12.37 454.52-1.35 12.19 447.91 CK Average -1.15 -0.5912.27 450.85-1.46-0.8912.08 443.93 Essex Cty -1.15 12.27 450.85-1.41 12.13 445.70 Mdsx Low -1.19 12.23 449.38-1.50 12.04 442.39 Mdsx High -1.15 12.27 450.85-1.46 12.08 443.86 Mdsx Average -1.16 -0.6012.26 450.36-1.48-0.9112.06 443.01 Hensall -1.08 12.35 453.60-1.50 12.04 442.39 Bruce -1.10 12.32 452.68-1.50 12.04 442.39 Putnam -1.15 12.27 450.85-1.50 12.04 442.39 Princeton -1.16 12.26 450.48-1.42 12.12 445.33 Durham -1.11 12.31 452.32-1.43 12.11 444.97 Norfolk -1.12 12.30 451.95-1.41 12.13 445.70 Trenton -1.35 12.07 443.50-1.45 12.09 444.23 Winchester -1.40 12.02 441.66-1.35 12.19 447.91 North Gower -1.00 12.42 456.36-1.30 12.24 449.74 Huron FOB -0.85 12.57 461.87-1.40 12.14 446.07 Kent FOB -1.17 12.25 450.11-1.46 12.08 443.86 Lambton FOB -1.17 12.25 450.11-1.46 12.08 443.86 Middlesex FOB-0.78-0.78 N/A N/A 12.64 464.44-1.27 12.27 450.85 PROCESSORS Hamilton -0.55-0.55-0.70-0.70 12.87 472.89-1.00 12.54 460.77 Windsor -0.73-0.75-0.84-0.83 12.69 466.28-1.04 12.50 459.30 Winchester -1.30 12.12 445.33-1.15 12.39 455.25 TRANSFER Hamilton -0.60 N/A N/A N/A 12.82 471.05-1.00 12.54 460.77 Pt. Stanley -1.00 12.42 456.36-1.45 12.09 444.23 Sarnia -1.00 12.42 456.36-1.06 12.48 458.56 Owen Sound N/A N/A Sorel QC -0.40 13.02 478.40-0.60 12.94 475.46 Toledo El. -0.17 13.25 486.76-0.41 13.13 482.37 Bank of Canada Noon exchange rate was 0.9571 down 0.0120 Chicago wheat closed moderately higher. MAY11 HI 7.94 JUL11 HI 8.29 3/4 LOW 7.74 3/4 LOW 8.10 1/4 CLOSE 7.85 3/4 Up 10 3/4 CLOSE 8.21 Up 10 1/4 Minni wheat closed higher. MAY11 HI 9.51 3/4 SEP11 HI 9.63 3/4 LOW 9.14 1/4 LOW 9.27 1/4 CLOSE 9.43 Up 29 CLOSE 9.55 1/4 Up 28 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.76 -0.23 -0.71 -0.49 CAD $/bu 7.10 7.62 7.14 8.94 CAD $/tonne 260.73 280.09 262.49 328.40 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 -0.81 -0.43 -1.01 N/A -1.15 -0.86 -1.58 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 -0.95 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 -0.41 -0.99 N/A N/A -0.81 -1.58 N/A Brigden N/A -0.41 -0.99 N/A N/A -0.81 -1.58 N/A Palmerston N/A -0.37 -0.91 -1.07 N/A -0.76 -1.41 -0.83 Mitchell -0.55 -0.35 -0.90 N/A -0.80 -0.70 -1.50 N/A Thornton N/A N/A N/A -1.28 N/A N/A N/A -1.53 North Gower N/A N/A N/A N/A N/A N/A N/A -1.00 TERMINAL Sarnia -0.92 -0.10 -0.63 N/A -1.00 -0.47 -1.24 N/A Hamilton N/A N/A -0.45 N/A N/A N/A -0.95 N/A Pt. Stanley N/A N/A -0.90 N/A N/A N/A -1.10 N/A PROCESSORS Toledo FM N/A N/A -0.33 N/A -0.11 0.33 -0.58 N/A Toledo El. 7.73US 7.40CA 7.48US 7.17CA GFO Contract Wheat Prices - DEL Terminal Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -1.02 -0.54 -1.40 -0.98 CAD $/bu 7.19 7.67 6.81 8.58 CAD $/tonne 264.34 281.94 250.26 315.11 (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 368.62 - 370.82 DDG's FOB Srn, Wndr, Aylm 210.00 - 230.00