FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, March 6 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0015 up 0.0079 Chicago corn closed moderately lower. MAY12 HI 6.59 3/4 DEC12 HI 5.69 3/4 LOW 6.49 1/2 LOW 5.58 1/2 CLOSE6.54 Down 6 3/4 CLOSE 5.63 1/2 Down 7 3/4 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 6.09 239.75 -0.70 4.94 194.28 CK High -0.39 6.15 242.11 -0.68 4.96 195.07 CK Avg -0.43 -0.46 6.11 240.47 -0.70 -0.72 4.94 194.41 Essex Cty -0.40 6.14 241.72 -0.70 4.94 194.28 Mdsx Low -0.45 6.09 239.75 -0.70 4.94 194.28 Mdsx High -0.45 6.09 239.75 -0.70 4.94 194.28 Mdsx Avg -0.45 -0.48 6.09 239.75 -0.70 -0.72 4.94 194.28 Hensall -0.45 6.09 239.75 -0.70 4.94 194.28 Bruce -0.45 6.09 239.75 -0.70 4.94 194.28 Putnam -0.45 6.09 239.75 -0.70 4.94 194.28 Burford -0.45 6.09 239.75 -0.70 4.94 194.28 Port Perry -0.45 6.09 239.75 -0.70 4.94 194.28 Norfolk -0.39 6.15 242.11 -0.68 4.96 195.07 Palmerston -0.45 6.09 239.75 -0.70 4.94 194.28 Varna -0.45 6.09 239.75 -0.70 4.94 194.28 Trenton -0.15 6.39 251.56 -0.65 4.99 196.25 Winchester N/A N/A North Gower -0.20 6.34 249.59 -0.62 5.02 197.43 Huron FOB -0.40 6.14 241.72 -0.65 4.99 196.25 Kent FOB -0.39 6.15 242.11 -0.68 4.96 195.07 Lamb FOB -0.39 6.15 242.11 -0.68 4.96 195.07 Mdsx FOB -0.40 -0.35 -0.30 -0.30 6.14 241.72 -0.65 4.99 196.25 FOB SW Que 0.05 6.59 259.44 -0.35 5.29 208.06 Track -0.15 6.39 251.56N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 4.99 196.25 Jhnstwn-Eth 0.20 0.25 0.30 0.35 6.74 265.34 -0.55 5.09 200.19 Aylmer-Eth -0.25 -0.20 -0.20 -0.15 6.29 247.63 -0.50 5.14 202.16 Sarn-Eth -0.10 -0.10 0.00 0.00 6.44 253.53N/A Cllngwd-Eth N/A 0.10 0.10N/A -0.30* 5.34 210.03 London-Cas N/A -0.10 0.00 0.00 -0.40 5.24 206.09 Pt.Colb-Cas N/A N/A N/A 0.20 -0.35 5.29 208.06 Cardnl-Cas N/A N/A 0.20 0.20 -0.35 5.29 208.06 W O Feed 0.10 0.10 6.64 261.41 US Rep 0.70 0.70 7.24 285.03 Toledo El. 0.08 6.62 260.63 -0.38 5.25 206.82 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton -0.10 6.44253 1/2 -0.40 5.24206 MID SD CRN -0.42 6.12 HI SD CRN -0.39 6.15 *Wet Bid Bank of Canada Noon exchange rate was 1.0015 up 0.0079 Chicago soybeans closed slightly higher. MAY12 HI 13.36 1/4 NOV12 HI 12.96 LOW 13.15 1/4 LOW 12.82 CLOSE13.35 1/4 Up 10 1/4 CLOSE 12.93 1/4 Up 4 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL12 CK Low -0.60 12.75 468.57-0.73 12.20 448.37 CK High -0.53 12.82 471.15-0.63 12.30 452.04 CK Average -0.57 -0.6212.78 469.74-0.67-0.7212.26 450.63 Essex Cty -0.41 12.94 475.56-0.47 12.46 457.92 Mdsx Low -0.57 12.78 469.68-0.70 12.23 449.47 Mdsx High -0.55 12.80 470.41-0.60 12.33 453.14 Mdsx Average -0.56 -0.6212.79 470.04-0.65-0.7012.28 451.30 Hensall -0.55 12.80 470.41-0.63 12.31 452.22 Bruce -0.55 12.80 470.41-0.65 12.28 451.30 Putnam -0.55 12.80 470.41-0.60 12.33 453.14 Burford -0.64 12.71 467.10-0.73 12.20 448.37 Port Perry -0.60 12.75 468.57-0.73 12.20 448.37 Norfolk -0.49 12.86 472.62-0.58 12.35 453.88 Palmerston -0.55 12.80 470.41-0.65 12.28 451.30 Varna -0.75 12.60 463.06-0.85 12.08 443.96 Trenton -0.75 12.60 463.06-0.75 12.18 447.63 Winchester N/A N/A North Gower -0.89 12.46 457.92-0.51 12.42 456.45 Huron FOB N/A N/A Kent FOB -0.53 12.82 471.15-0.63 12.30 452.04 Lambton FOB -0.53 12.82 471.15-0.63 12.30 452.04 Middlesex FOB-0.51-0.46-0.41 N/A 12.84 471.88-0.56 12.37 454.61 PROCESSORS Hamilton -0.15-0.05-0.05-0.05 13.20 485.11-0.15 12.78 469.68 Windsor -0.19-0.14-0.13 N/A 13.16 483.64-0.24 12.69 466.37 Winchester -0.70 12.65 464.90-0.65 12.28 451.30 TRANSFER Hamilton -0.10 N/A N/A N/A 13.25 486.95-0.20 12.73 467.84 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.30 13.05 479.600.05 12.98 477.03 Toledo El. -0.20 13.15 483.24-0.38 12.55 461.17 Bank of Canada Noon exchange rate was 1.0015 up 0.0079 Chicago wheat closed moderately lower. MAY12 HI 6.71 1/2 JUL12 HI 6.82 1/4 LOW 6.55 1/4 LOW 6.66 CLOSE 6.57 3/4 Down 14 1/4 CLOSE 6.68 1/4 Down 14 1/2 Minni wheat closed moderately lower. MAY12 HI 8.34 SEP12 HI 8.07 1/4 LOW 8.17 LOW 7.86 3/4 CLOSE 8.18 3/4 Down 16 CLOSE 7.89 3/4 Down 17 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.07 0.78 0.13 -0.47 CAD $/bu 6.50 7.36 6.71 7.72 CAD $/tonne 239.01 270.38 246.39 283.66 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 0.41 -0.22 N/A N/A 0.20 -0.42 N/A London -0.20 0.40 -0.20 N/A -0.03 0.36 -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 -0.27 N/A N/A N/A -0.41 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 0.40 -0.22 N/A N/A 0.37 -0.39 N/A Brigden N/A 0.40 -0.22 N/A N/A 0.37 -0.39 N/A Palmerston N/A 0.65 -0.15 -0.47 N/A 0.49 -0.31 -0.75 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 -0.96 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 0.20 N/A N/A N/A 0.00 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 0.58 1.03 0.43N/A Toledo El. 6.62US 6.65CA 6.80US 6.83CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.13 0.78 -0.07 -0.27 CAD $/bu 6.81 7.46 6.61 7.63 CAD $/tonne 250.27 274.25 242.89 280.34 (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 419.88 - 420.98 DDG's FOB Srn, Wndr, Aylm 180.00 - 202.00