FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, April 13 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9979 up 0.0029 Chicago corn closed moderately lower. MAY12 HI 6.41 3/4 DEC12 HI 5.48 1/4 LOW 6.24 1/4 LOW 5.31 3/4 CLOSE6.29 1/4 Down 8 1/4 CLOSE 5.37 Down 9 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY12+JUL12+SEP12 CK Low -0.55 5.74 226.07 -0.75 4.62 181.88 CK High -0.50 5.79 228.04 -0.70 4.67 183.85 CK Avg -0.54 -0.54 5.75 226.40 -0.74 -0.74 4.63 182.21 Essex Cty -0.60 5.69 224.10 -0.80 4.57 179.91 Mdsx Low -0.55 5.74 226.07 -0.75 4.62 181.88 Mdsx High -0.55 5.74 226.07 -0.75 4.62 181.88 Mdsx Avg -0.55 -0.54 5.74 226.07 -0.75 -0.75 4.62 181.88 Hensall -0.55 5.74 226.07 -0.75 4.62 181.88 Bruce -0.55 5.74 226.07 -0.75 4.62 181.88 Putnam -0.55 5.74 226.07 -0.75 4.62 181.88 Burford -0.55 5.74 226.07 -0.75 4.62 181.88 Port Perry -0.55 5.74 226.07 -0.75 4.62 181.88 Norfolk -0.55 5.74 226.07 -0.75 4.62 181.88 Palmerston -0.55 5.74 226.07 -0.75 4.62 181.88 Varna -0.55 5.74 226.07 -0.75 4.62 181.88 Trenton -0.35 5.94 233.95 -0.75 4.62 181.88 Winchester -0.20 6.09 239.85 -0.60 4.77 187.79 North Gower -0.35 5.94 233.95 -0.71 4.66 183.46 Huron FOB -0.50 5.79 228.04 -0.70 4.67 183.85 Kent FOB -0.55 5.74 226.07 -0.75 4.62 181.88 Lamb FOB -0.55 5.74 226.07 -0.75 4.62 181.88 Mdsx FOB -0.50 -0.30 -0.25N/A 5.79 228.04 -0.75 4.62 181.88 FOB SW Que -0.10 6.19 243.79 -0.40 4.97 195.66 Track -0.18 6.12 240.84N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.55 4.82 189.76 Jhnstwn-Eth N/A N/A N/A N/A -0.35 5.02 197.63 Aylmer-Eth N/A -0.40 -0.35 0.30 -0.60 4.77 187.79 Sarn-Eth N/A N/A N/A N/A N/A Cllngwd-Eth N/A -0.10 -0.25N/A -0.30* 5.07 199.60 London-Cas N/A N/A N/A 0.55 -0.50 4.87 191.72 Pt.Colb-Cas N/A N/A N/A 0.60 -0.45 4.92 193.69 Cardnl-Cas N/A N/A 0.15 0.60 -0.45 4.92 193.69 W O Feed -0.02 -0.02 6.27 246.94 US Rep 0.65 0.65 6.94 273.31 Toledo El. 0.09 6.38 251.27 -0.38 4.99 196.46 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton -0.25 6.04237 8/9 -0.50 4.87191 5/7 MID SD CRN -0.52 1/2 5.76 3/4 HI SD CRN -0.50 5.79 1/4 *Wet Bid Bank of Canada Noon exchange rate was 0.9979 up 0.0029 Chicago soybeans closed slightly lower. MAY12 HI 14.47 3/4 NOV12 HI 13.82 LOW 14.31 1/4 LOW 13.60 CLOSE14.36 3/4 Down 4 1/4 CLOSE 13.61 3/4 Down 11 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL12 CK Low -0.95 13.42 493.01-0.97 12.65 464.72 CK High -0.85 13.52 496.68-0.87 12.75 468.39 CK Average -0.89 -0.8813.48 495.15-0.91-0.9012.70 466.80 Essex Cty -0.66 13.71 503.66-0.70 12.92 474.64 Mdsx Low -0.92 13.45 494.11-0.94 12.68 465.82 Mdsx High -0.85 13.52 496.68-0.90 12.72 467.29 Mdsx Average -0.89 -0.8713.48 495.40-0.92-0.9112.70 466.55 Hensall -0.85 13.52 496.68-0.90 12.72 467.29 Bruce -0.85 13.52 496.68-0.90 12.72 467.29 Putnam -0.85 13.52 496.68-0.90 12.72 467.29 Burford -0.89 13.48 495.21-0.91 12.71 466.92 Port Perry -0.95 13.42 493.01-0.97 12.65 464.72 Norfolk -0.86 13.51 496.32-0.89 12.73 467.66 Palmerston -0.85 13.52 496.68-0.95 12.67 465.45 Varna -0.85 13.52 496.68-0.90 12.72 467.29 Trenton -1.00 13.37 491.17-0.90 12.72 467.29 Winchester -0.90 13.47 494.85-0.70 12.92 474.64 North Gower -0.89 13.48 495.21-0.78 12.84 471.70 Huron FOB -0.75 13.62 500.36-0.80 12.82 470.96 Kent FOB -0.90 13.47 494.85-0.94 12.68 465.82 Lambton FOB -0.90 13.47 494.85-0.94 12.68 465.82 Middlesex FOB-0.70-0.70-0.69-0.69 13.67 502.19-0.73 12.89 473.53 PROCESSORS Hamilton -0.35-0.30-0.30-0.25 14.02 515.05-0.30 13.32 489.33 Windsor -0.43-0.43-0.38-0.35 13.94 512.12-0.47 13.15 483.09 Winchester -0.72 13.65 501.46-0.60 13.02 478.31 TRANSFER Hamilton -0.35 N/A N/A N/A 14.02 515.05-0.35 13.27 487.50 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.35 14.02 515.05-0.20 13.42 493.01 Toledo El. -0.22 14.15 519.84-0.33 13.29 488.24 Bank of Canada Noon exchange rate was 0.9979 up 0.0029 Chicago wheat closed moderately lower. MAY12 HI 6.43 1/4 JUL12 HI 6.48 1/4 LOW 6.18 1/2 LOW 6.25 3/4 CLOSE 6.23 1/2 Down 15 3/4 CLOSE 6.30 1/4 Down 14 1/4 Minni wheat closed moderately lower. JUL12 HI 8.32 1/2 SEP12 HI 8.19 LOW 8.17 LOW 8.04 CLOSE 8.20 1/2 Down 11 3/4 CLOSE 8.07 3/4 Down 11 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.10 0.64 0.00 -0.51 CAD $/bu 6.13 6.88 6.23 7.70 CAD $/tonne 225.24 252.78 228.91 282.88 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 0.20 -0.45 N/A N/A 0.37 -0.45 N/A London -0.32 0.27 -0.37 N/A -0.01 0.24 -0.51 N/A Hensall -0.45 N/A -0.45 N/A 0.05 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 0.10 Essex N/A N/A -0.40 N/A N/A N/A -0.49 N/A Norwich -0.45 N/A -0.45 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 -0.45 N/A -0.45 N/A 0.05 N/A -0.50 N/A Chatham N/A N/A N/A N/A N/A 0.29 -0.52 N/A Brigden N/A N/A N/A N/A N/A 0.29 -0.52 N/A Palmerston N/A 0.46 -0.28 -0.19 N/A 0.42 -0.37 -0.68 Varna 0.10 0.40 -0.40 N/A 0.10 0.40 -0.45 N/A Mitchell -0.45 -0.05 -0.45 N/A 0.05 0.35 -0.45 N/A Thornton N/A N/A N/A -1.24 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A -0.54 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.05 N/A N/A N/A -0.10 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 0.19N/A 0.54 0.99 0.34N/A Toledo El. 6.28US 6.27CA 6.42US 6.42CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.14 0.69 -0.05 -0.46 CAD $/bu 6.45 7.00 6.25 7.62 CAD $/tonne 236.90 257.09 229.56 280.04 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 310.00 Bayport Oats 333.00 Bayport Barley 300.00 FOB Hm Soymeal 457.25 - 460.55 DDG's FOB Srn, Wndr, Aylm 195.00 - 225.00