FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, March 5 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9936 up 0.0048 Chicago corn closed slightly higher. MAY12 HI 6.65 1/4 DEC12 HI 5.75 LOW 6.52 1/4 LOW 5.67 1/2 CLOSE6.60 3/4 Up 5 3/4 CLOSE 5.71 1/4 Up 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY12+JUL12+JUL12 CK Low -0.45 6.16 242.41 -0.70 5.01 197.33 CK High -0.40 6.21 244.38 -0.70 5.01 197.33 CK Avg -0.44 -0.41 6.17 242.93 -0.70 -0.68 5.01 197.33 Essex Cty -0.40 6.21 244.38 -0.75 4.96 195.36 Mdsx Low -0.45 6.16 242.41 -0.70 5.01 197.33 Mdsx High -0.45 6.16 242.41 -0.70 5.01 197.33 Mdsx Avg -0.45 -0.43 6.16 242.41 -0.70 -0.68 5.01 197.33 Hensall -0.45 6.16 242.41 -0.70 5.01 197.33 Bruce -0.45 6.16 242.41 -0.70 5.01 197.33 Putnam -0.45 6.16 242.41 -0.70 5.01 197.33 Burford -0.45 6.16 242.41 -0.70 5.01 197.33 Port Perry -0.45 6.16 242.41 -0.70 5.01 197.33 Norfolk -0.42 6.19 243.59 -0.70 5.01 197.33 Palmerston -0.45 6.16 242.41 -0.70 5.01 197.33 Varna -0.45 6.16 242.41 -0.70 5.01 197.33 Trenton -0.15 6.46 254.22 -0.65 5.06 199.30 Winchester N/A N/A North Gower N/A -0.90 4.81 189.46 Huron FOB -0.40 6.21 244.38 -0.65 5.06 199.30 Kent FOB -0.42 6.19 243.59 -0.70 5.01 197.33 Lamb FOB -0.42 6.19 243.59 -0.70 5.01 197.33 Mdsx FOB -0.40 -0.35 -0.30 -0.30 6.21 244.38 -0.65 5.06 199.30 FOB SW Que 0.05 6.66 262.09 -0.35 5.36 211.11 Track -0.15 6.46 254.22N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 5.06 199.30 Jhnstwn-Eth 0.20 0.25 0.30 0.35 6.81 268.00 -0.55 5.16 203.24 Aylmer-Eth -0.25 -0.20 -0.20 -0.15 6.36 250.28 -0.50 5.21 205.21 Sarn-Eth -0.10 -0.10 0.00 0.00 6.51 256.19N/A Cllngwd-Eth N/A 0.10 0.10N/A -0.30* 5.41 213.08 London-Cas N/A -0.10 0.00 0.00 -0.40 5.31 209.14 Pt.Colb-Cas N/A N/A N/A 0.20 -0.35 5.36 211.11 Cardnl-Cas 0.20 0.25 0.20 0.20 6.81 268.00 -0.35 5.36 211.11 W O Feed 0.10 0.11 6.71 264.06 US Rep 0.70 0.71 7.31 287.68 Toledo El. 0.08 6.69 263.26 -0.38 5.33 209.99 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton -0.14 6.47254 3/5 -0.43 5.28208 MID SD CRN -0.42 1/2 6.18 1/4 HI SD CRN -0.40 6.20 3/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9936 up 0.0048 Chicago soybeans closed slightly lower. MAY12 HI 13.36 1/2 NOV12 HI 12.99 1/2 LOW 13.23 LOW 12.87 1/4 CLOSE13.25 Down 8 CLOSE 12.89 Down 9 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL12 CK Low -0.76 12.49 458.93-0.89 12.00 440.92 CK High -0.62 12.63 464.07-0.72 12.17 447.17 CK Average -0.66 -0.6112.59 462.48-0.77-0.7212.12 445.40 Essex Cty -0.53 12.72 467.38-0.58 12.31 452.32 Mdsx Low -0.74 12.51 459.66-0.83 12.06 443.13 Mdsx High -0.65 12.60 462.97-0.70 12.19 447.91 Mdsx Average -0.70 -0.6512.56 461.32-0.77-0.7212.13 445.52 Hensall -0.65 12.60 462.97-0.73 12.17 446.99 Bruce -0.65 12.60 462.97-0.75 12.14 446.07 Putnam -0.65 12.60 462.97-0.70 12.19 447.91 Burford -0.71 12.54 460.77-0.80 12.09 444.23 Port Perry -0.77 12.48 458.56-0.86 12.03 442.03 Norfolk -0.58 12.67 465.54-0.67 12.22 449.01 Palmerston -0.75 12.50 459.30-0.85 12.04 442.39 Varna -0.75 12.50 459.30-0.85 12.04 442.39 Trenton -0.80 12.45 457.46-0.80 12.09 444.23 Winchester N/A N/A North Gower N/A -0.65 12.24 449.74 Huron FOB -0.50 12.75 468.48-0.60 12.29 451.58 Kent FOB -0.62 12.63 464.07-0.72 12.17 447.17 Lambton FOB -0.62 12.63 464.07-0.72 12.17 447.17 Middlesex FOB-0.67-0.62-0.58 N/A 12.58 462.24-0.69 12.20 448.27 PROCESSORS Hamilton -0.25-0.20-0.20-0.20 13.00 477.67-0.20 12.69 466.28 Windsor -0.30-0.25-0.24 N/A 12.95 475.83-0.36 12.53 460.40 Winchester -0.80 12.45 457.46-0.75 12.14 446.07 TRANSFER Hamilton -0.20 N/A N/A N/A 13.05 479.51-0.30 12.59 462.60 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.30 12.95 475.830.05 12.94 475.46 Toledo El. -0.20 13.05 479.53-0.38 12.51 459.72 Bank of Canada Noon exchange rate was 0.9936 up 0.0048 Chicago wheat closed slightly lower. MAY12 HI 6.77 3/4 JUL12 HI 6.88 3/4 LOW 6.67 3/4 LOW 6.79 1/2 CLOSE 6.72 Down 2 1/2 CLOSE 6.82 3/4 Down 3 1/2 Minni wheat closed slightly higher. MAY12 HI 8.44 1/2 SEP12 HI 8.10 LOW 8.28 1/4 LOW 8.00 CLOSE 8.34 3/4 Up 3 1/4 CLOSE 8.07 Up 1 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.12 0.72 0.07 -0.53 CAD $/bu 6.60 7.44 6.79 7.82 CAD $/tonne 242.35 273.46 249.67 287.28 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 0.35 -0.25 N/A N/A 0.30 -0.45 N/A London -0.19 0.36 -0.24 N/A -0.07 0.33 -0.47 N/A Hensall -0.30 N/A -0.30 N/A 0.05 N/A -0.45 N/A Trenton N/A N/A N/A N/A N/A N/A -0.40 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A -0.33 N/A N/A N/A -0.46 N/A Norwich -0.30 N/A -0.30 N/A 0.05 N/A -0.45 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.30 N/A -0.30 N/A 0.05 N/A -0.45 N/A Chatham N/A 0.36 -0.25 N/A N/A 0.33 -0.42 N/A Brigden N/A 0.36 -0.25 N/A N/A 0.33 -0.42 N/A Palmerston N/A 0.55 -0.23 -0.57 N/A 0.39 -0.39 -0.85 Varna -0.30 0.35 -0.30 N/A -0.10 0.50 -0.40 N/A Mitchell -0.30 0.40 -0.30 N/A 0.05 0.45 -0.45 N/A Thornton N/A N/A N/A -0.69 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 0.15 N/A N/A N/A -0.05 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 0.32N/A 0.52 0.97 0.37N/A Toledo El. 6.76US 6.74CA 6.95US 6.92CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.07 0.72 -0.12 -0.33 CAD $/bu 6.90 7.55 6.70 7.74 CAD $/tonne 253.60 277.40 246.28 284.45 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 300.00 - 305.00 Bayport Oats 320.00 Bayport Barley 295.00 FOB Hm Soymeal 411.39 - 412.49 DDG's FOB Srn, Wndr, Aylm 175.00 - 202.00