FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 6 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9954 up 0.0009 Chicago corn closed narrowly mixed. MAR12 HI 6.48 1/2 DEC12 HI 5.82 1/4 LOW 6.39 1/4 LOW 5.76 CLOSE6.44 1/4 Down 1/4 CLOSE 5.81 1/4 Down 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY12+MAY12+JUL12 CK Low -0.35 6.09 239.85 -0.65 5.16 203.24 CK High -0.30 6.14 241.82 -0.65 5.16 203.24 CK Avg -0.34 -0.32 6.10 240.18 -0.65 -0.64 5.16 203.24 Essex Cty -0.40 6.04 237.88 -0.65 5.16 203.24 Mdsx Low -0.35 6.09 239.85 -0.65 5.16 203.24 Mdsx High -0.35 6.09 239.85 -0.65 5.16 203.24 Mdsx Avg -0.35 -0.33 6.09 239.85 -0.65 -0.64 5.16 203.24 Hensall -0.35 6.09 239.85 -0.63 5.19 204.22 Bruce -0.35 6.09 239.85 -0.65 5.16 203.24 Putnam -0.35 6.09 239.85 -0.65 5.16 203.24 Burford -0.35 6.09 239.85 -0.65 5.16 203.24 Port Perry -0.35 6.09 239.85 -0.65 5.16 203.24 Norfolk -0.35 6.09 239.85 -0.65 5.16 203.24 Palmerston -0.35 6.09 239.85 -0.65 5.16 203.24 Varna -0.35 6.09 239.85 -0.60 5.21 205.21 Trenton -0.05 6.39 251.66 -0.50 5.31 209.14 Winchester -0.05 6.39 251.66 -0.50 5.31 209.14 North Gower 0.00 6.44 253.63 -0.45 5.36 211.11 Huron FOB -0.20 6.24 245.76 -0.55 5.26 207.18 Kent FOB -0.35 6.09 239.85 -0.65 5.16 203.24 Lamb FOB -0.35 6.09 239.85 -0.65 5.16 203.24 Mdsx FOB -0.35 -0.35 -0.25 -0.30 6.09 239.85 -0.65 5.16 203.24 FOB SW Que 0.20 6.64 261.50 -0.25 5.56 218.99 Track 0.10 6.54 257.57N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.60 5.21 205.21 Jhnstwn-Eth 0.30 0.30 0.35 0.25 6.74 265.44 -0.40 5.41 213.08 Aylmer-Eth -0.20 -0.20 -0.20 -0.10 6.24 245.76 -0.50 5.31 209.14 Sarn-Eth 0.05 0.00 0.05 0.05 6.49 255.60N/A Cllngwd-Eth N/A N/A N/A N/A -0.30* 5.51 217.02 London-Cas N/A N/A 0.10 0.15 -0.35 5.46 215.05 Pt.Colb-Cas N/A N/A N/A 0.30 -0.30 5.51 217.02 Cardnl-Cas 0.25 0.30 0.40 0.30 6.69 263.47 -0.30 5.51 217.02 W O Feed 0.20 0.20 6.64 261.50 US Rep 0.70 0.70 7.14 281.19 Toledo El. 0.08 6.52 256.77 -0.43 5.38 211.91 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton -0.12 6.32249 -0.38 5.43213 7/8 MID SD CRN -0.32 1/2 6.11 3/4 HI SD CRN -0.30 6.14 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9954 up 0.0009 Chicago soybeans closed slightly higher. MAR12 HI 12.44 NOV12 HI 12.46 LOW 12.30 3/4 LOW 12.33 3/4 CLOSE12.33 Up 1/2 CLOSE 12.39 Up 1 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY12 CK Low -0.70 11.63 427.33-0.90 11.49 422.19 CK High -0.60 11.73 431.00-0.87 11.52 423.29 CK Average -0.64 -0.6011.69 429.47-0.90-0.8811.50 422.37 Essex Cty -0.45 11.88 436.52-0.86 11.53 423.65 Mdsx Low -0.72 11.61 426.59-0.87 11.52 423.29 Mdsx High -0.65 11.68 429.17-0.85 11.54 424.02 Mdsx Average -0.69 -0.6511.65 427.88-0.86-0.8511.53 423.65 Hensall -0.65 11.68 429.17-0.85 11.54 424.02 Bruce -0.60 11.73 431.00-0.90 11.49 422.19 Putnam -0.55 11.78 432.84-0.85 11.54 424.02 Burford -0.69 11.64 427.70-0.84 11.55 424.39 Port Perry -0.75 11.58 425.49-0.90 11.49 422.19 Norfolk -0.56 11.77 432.47-0.85 11.54 424.02 Palmerston -0.60 11.73 431.00-0.90 11.49 422.19 Varna -0.70 11.63 427.33-0.90 11.49 422.19 Trenton -0.88 11.45 420.72-1.03 11.36 417.41 Winchester -0.93 11.40 418.88-0.88 11.51 422.92 North Gower -0.88 11.45 420.72-0.83 11.56 424.76 Huron FOB -0.50 11.83 434.68-0.75 11.64 427.70 Kent FOB -0.60 11.73 431.00-0.90 11.49 422.19 Lambton FOB -0.60 11.73 431.00-0.90 11.49 422.19 Middlesex FOB-0.56-0.56 N/A N/A 11.77 432.47-0.68 11.71 430.27 PROCESSORS Hamilton -0.20-0.20-0.25-0.25 12.13 445.70-0.40 11.99 440.56 Windsor -0.23-0.23-0.27-0.26 12.10 444.60-0.63 11.76 432.11 Winchester -0.80 11.53 423.65-0.70 11.69 429.53 TRANSFER Hamilton -0.29 N/A N/A N/A 12.04 442.39-0.27 12.12 445.33 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.15 12.18 447.54-0.05 12.34 453.42 Toledo El. -0.18 12.15 446.46-0.58 11.81 433.96 Bank of Canada Noon exchange rate was 0.9954 up 0.0009 Chicago wheat closed slightly higher. MAR12 HI 6.69 JUL12 HI 6.95 1/4 LOW 6.56 1/4 LOW 6.84 CLOSE 6.68 1/2 Up 7 3/4 CLOSE 6.92 Up 3 Minni wheat closed slightly higher. MAR12 HI 8.45 SEP12 HI 7.91 3/4 LOW 8.35 LOW 7.85 1/4 CLOSE 8.41 Up 2 1/2 CLOSE 7.88 1/2 Up 2 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.12 0.73 0.08 -0.47 CAD $/bu 6.57 7.41 6.76 7.94 CAD $/tonne 241.23 272.37 248.56 291.61 Direct MarkHarvest 2011 Harvest 2012 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 0.45 -0.05 N/A N/A 0.45 -0.30 N/A London -0.16 0.39 -0.11 N/A -0.06 0.44 -0.36 N/A Hensall -0.10 N/A -0.05 N/A 0.05 N/A -0.30 N/A Trenton N/A N/A N/A N/A N/A N/A -0.50 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.80 Essex N/A N/A -0.22 N/A N/A N/A -0.40 N/A Norwich -0.10 N/A -0.05 N/A 0.05 N/A -0.30 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.10 N/A -0.05 N/A 0.05 N/A -0.30 N/A Chatham N/A N/A N/A N/A N/A 0.45 -0.34 N/A Brigden N/A N/A N/A N/A N/A 0.45 -0.34 N/A Palmerston N/A 0.68 -0.05 -0.48 N/A 0.40 -0.26 -0.61 Varna -0.05 0.60 -0.05 N/A 0.10 0.65 -0.25 N/A Mitchell -0.10 0.60 -0.05 N/A 0.05 0.65 -0.30 N/A Thornton N/A N/A N/A -0.36 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A -0.75 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A 0.08 N/A N/A N/A -0.03 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 0.38N/A N/A 0.99 0.39N/A Toledo El. 6.89US 6.86CA 6.94US 6.93CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.04 0.79 -0.16 -0.06 CAD $/bu 6.96 7.71 6.76 7.83 CAD $/tonne 255.87 283.41 248.53 287.63 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 300.00 Bayport Oats 297.00 Bayport Barley 295.00 FOB Hm Soymeal 375.34 - 380.86 DDG's FOB Srn, Wndr, Aylm 160.00 - 178.00