FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, March 20 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9933 up 0.0053 Chicago corn closed moderately lower to lower. MAY12 HI 6.63 1/2 DEC12 HI 5.70 LOW 6.43 1/4 LOW 5.57 CLOSE6.47 1/2 Down 16 CLOSE 5.60 1/4 Down 10 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY12+JUL12+JUL12 CK Low -0.50 5.98 235.23 -0.75 4.85 191.03 CK High -0.50 5.98 235.23 -0.70 4.90 193.00 CK Avg -0.50 -0.45 5.98 235.23 -0.74 -0.70 4.86 191.43 Essex Cty -0.55 5.93 233.26 -0.75 4.85 191.03 Mdsx Low -0.50 5.98 235.23 -0.75 4.85 191.03 Mdsx High -0.50 5.98 235.23 -0.75 4.85 191.03 Mdsx Avg -0.50 -0.45 5.98 235.23 -0.75 -0.71 4.85 191.03 Hensall -0.50 5.98 235.23 -0.75 4.85 191.03 Bruce -0.50 5.98 235.23 -0.75 4.85 191.03 Putnam -0.50 5.98 235.23 -0.75 4.85 191.03 Burford -0.50 5.98 235.23 -0.75 4.85 191.03 Port Perry -0.50 5.98 235.23 -0.75 4.85 191.03 Norfolk -0.50 5.98 235.23 -0.74 4.86 191.43 Palmerston -0.50 5.98 235.23 -0.75 4.85 191.03 Varna -0.50 5.98 235.23 -0.75 4.85 191.03 Trenton -0.30 6.18 243.10 -0.75 4.85 191.03 Winchester N/A N/A North Gower -0.70 5.78 227.35 -0.70 4.90 193.00 Huron FOB -0.33 6.15 241.92 -0.70 4.90 193.00 Kent FOB -0.50 5.98 235.23 -0.74 4.86 191.43 Lamb FOB -0.50 5.98 235.23 -0.74 4.86 191.43 Mdsx FOB -0.50 -0.45 -0.40 -0.40 5.98 235.23 -0.75 4.85 191.03 FOB SW Que 0.05 6.53 256.88 -0.30 5.30 208.75 Track -0.05 6.43 252.94N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.55 5.05 198.91 Jhnstwn-Eth 0.10 0.15 0.15 0.20 6.58 258.85 -0.35 5.25 206.78 Aylmer-Eth N/A N/A -0.30 -0.25 -0.50 5.10 200.88 Sarn-Eth N/A -0.30 -0.15 -0.20 N/A Cllngwd-Eth N/A 0.10 0.10N/A -0.30* 5.30 208.75 London-Cas N/A N/A -0.10 -0.10 -0.50 5.10 200.88 Pt.Colb-Cas N/A N/A N/A N/A -0.45 5.15 202.84 Cardnl-Cas N/A N/A 0.15 0.15 -0.45 5.15 202.84 W O Feed 0.05 0.06 6.53 256.88 US Rep 0.65 0.66 7.13 280.50 Toledo El. 0.04 6.51 256.47 -0.38 5.23 205.70 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton -0.34 6.14241 1/2 -0.44 5.16203 1/4 MID SD CRN -0.50 5.97 1/2 HI SD CRN -0.50 5.97 1/2 *Wet Bid Bank of Canada Noon exchange rate was 0.9933 up 0.0053 Chicago soybeans closed moderately lower. MAY12 HI 13.68 NOV12 HI 13.27 3/4 LOW 13.41 3/4 LOW 13.04 1/2 CLOSE13.45 Down 21 1/2 CLOSE 13.07 1/4 Down 18 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL12 CK Low -0.76 12.69 466.28-0.85 12.22 449.10 CK High -0.71 12.74 468.11-0.76 12.31 452.41 CK Average -0.74 -0.6512.71 466.95-0.83-0.7312.25 450.02 Essex Cty -0.60 12.85 472.16-0.69 12.38 454.98 Mdsx Low -0.75 12.70 466.65-0.81 12.26 450.57 Mdsx High -0.74 12.71 467.01-0.80 12.27 450.94 Mdsx Average -0.75 -0.6512.71 466.83-0.81-0.7112.27 450.75 Hensall -0.70 12.75 468.48-0.78 12.30 451.86 Bruce -0.75 12.70 466.65-0.85 12.22 449.10 Putnam -0.75 12.70 466.65-0.80 12.27 450.94 Burford -0.65 12.80 470.32-0.71 12.36 454.24 Port Perry -0.77 12.68 465.91-0.84 12.23 449.47 Norfolk -0.67 12.78 469.58-0.75 12.32 452.77 Palmerston -0.70 12.75 468.48-0.80 12.27 450.94 Varna -0.70 12.75 468.48-0.80 12.27 450.94 Trenton -0.90 12.55 461.13-0.90 12.17 447.26 Winchester N/A N/A North Gower -0.73 12.72 467.38-0.68 12.39 455.35 Huron FOB -0.50 12.95 475.83-0.65 12.42 456.45 Kent FOB -0.77 12.68 465.91-0.80 12.27 450.94 Lambton FOB -0.71 12.74 468.11-0.80 12.27 450.94 Middlesex FOB-0.68-0.64-0.64 N/A 12.77 469.22-0.65 12.42 456.45 PROCESSORS Hamilton -0.35-0.25-0.20-0.15 13.10 481.34-0.25 12.82 471.15 Windsor -0.37-0.33-0.30 N/A 13.08 480.61-0.46 12.61 463.43 Winchester -0.80 12.65 464.81-0.75 12.32 452.77 TRANSFER Hamilton -0.35 N/A N/A N/A 13.10 481.34-0.30 12.77 469.31 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.20 13.25 486.850.00 13.07 480.33 Toledo El. -0.18 13.27 487.64-0.38 12.70 466.47 Bank of Canada Noon exchange rate was 0.9933 up 0.0053 Chicago wheat closed slightly lower. MAY12 HI 6.53 1/4 JUL12 HI 6.61 1/2 LOW 6.40 LOW 6.49 CLOSE 6.42 1/2 Down 9 3/4 CLOSE 6.51 1/2 Down 9 1/2 Minni wheat closed slightly to moderately lower. MAY12 HI 8.06 1/2 SEP12 HI 7.87 LOW 7.97 1/4 LOW 7.78 CLOSE 7.99 1/4 Down 7 3/4 CLOSE 7.80 1/2 Down 10 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.14 0.70 0.05 -0.55 CAD $/bu 6.28 7.13 6.48 7.44 CAD $/tonne 230.79 261.80 238.09 273.39 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 0.30 -0.30 N/A N/A 0.25 -0.45 N/A London -0.23 0.36 -0.28 N/A -0.02 0.36 -0.42 N/A Hensall -0.30 N/A -0.30 N/A 0.10 N/A -0.45 N/A Trenton N/A N/A N/A N/A N/A N/A -0.55 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A -0.38 N/A N/A N/A -0.51 N/A Norwich -0.30 N/A -0.30 N/A 0.10 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 0.10 N/A -0.45 N/A Chatham N/A 0.33 -0.29 N/A N/A 0.30 -0.46 N/A Brigden N/A 0.33 -0.29 N/A N/A 0.30 -0.46 N/A Palmerston N/A 0.51 -0.23 -0.51 N/A 0.45 -0.34 -0.79 Varna -0.30 0.35 -0.30 N/A -0.10 0.50 -0.40 N/A Mitchell -0.30 0.35 -0.30 N/A 0.10 0.40 -0.45 N/A Thornton N/A N/A N/A -0.82 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A -0.64 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A 0.00 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 0.25N/A 0.50 0.95 0.35N/A Toledo El. 6.47US 6.42CA 6.64US 6.59CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.05 0.70 -0.14 -0.45 CAD $/bu 6.57 7.21 6.37 7.35 CAD $/tonne 241.37 265.09 234.07 270.20 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 305.00 Bayport Oats - Bayport Barley - FOB Hm Soymeal 419.55 - 421.75 DDG's FOB Srn, Wndr, Aylm 185.00 - 220.00