FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, April 26 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9841 down 0.0007 Chicago corn closed mixed. JUL12 HI 6.08 1/4 DEC12 HI 5.40 LOW 5.99 LOW 5.30 CLOSE6.07 1/2 Up 6 1/2 CLOSE 5.35 Down 3 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +JUL12+JUL12+SEP12 CK Low -0.45 5.63 221.45 -0.79 4.56 179.52 CK High -0.33 5.75 226.17 -0.70 4.65 183.06 CK Avg -0.43 -0.34 5.65 222.23 -0.75 -0.67 4.60 181.16 Essex Cty -0.55 5.53 217.51 -0.80 4.55 179.13 Mdsx Low -0.45 5.63 221.45 -0.75 4.60 181.09 Mdsx High -0.45 5.63 221.45 -0.75 4.60 181.09 Mdsx Avg -0.45 -0.36 5.63 221.45 -0.75 -0.67 4.60 181.09 Hensall -0.45 5.63 221.45 -0.75 4.60 181.09 Bruce -0.45 5.63 221.45 -0.75 4.60 181.09 Putnam -0.45 5.63 221.45 -0.75 4.60 181.09 Burford -0.45 5.63 221.45 -0.75 4.60 181.09 Port Perry -0.45 5.63 221.45 -0.75 4.60 181.09 Norfolk -0.45 5.63 221.45 -0.75 4.60 181.09 Palmerston -0.38 5.70 224.20 -0.75 4.60 181.09 Varna -0.43 5.65 222.23 -0.75 4.60 181.09 Trenton -0.25 5.83 229.32 -0.75 4.60 181.09 Winchester -0.10 5.98 235.23 -0.65 4.70 185.03 North Gower -0.31 5.77 226.96 -0.76 4.59 180.70 Huron FOB -0.40 5.68 223.41 -0.75 4.60 181.09 Kent FOB -0.45 5.63 221.45 -0.75 4.60 181.09 Lamb FOB -0.45 5.63 221.45 -0.75 4.60 181.09 Mdsx FOB -0.45 -0.45 -0.40 -0.35 5.63 221.45 -0.75 4.60 181.09 FOB SW Que 0.05 6.13 241.13 -0.45 4.90 192.90 Track -0.05 6.03 237.19N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.60 4.75 187.00 Jhnstwn-Eth N/A N/A N/A N/A -0.50 4.85 190.94 Aylmer-Eth N/A -0.40 -0.35 0.30 -0.60 4.75 187.00 Sarn-Eth N/A -0.25 -0.25 0.50 N/A Cllngwd-Eth N/A -0.10N/A N/A -0.30* 5.05 198.81 London-Cas N/A N/A N/A 0.55 -0.50 4.85 190.94 Pt.Colb-Cas N/A N/A N/A 0.60 -0.45 4.90 192.90 Cardnl-Cas N/A N/A 0.15 0.60 -0.45 4.90 192.90 W O Feed 0.10 0.12 6.18 243.26 US Rep 0.75 0.77 6.83 268.69 Toledo El. 0.17 6.24 245.75 -0.32 5.03 197.83 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton -0.20 5.88231 2/7 -0.50 4.85191 MID SD CRN -0.39 5.68 1/2 -0.74 1/2 4.60 1/2 HI SD CRN -0.33 5.74 1/2 -0.70 4.651 *Wet Bid Bank of Canada Noon exchange rate was 0.9841 down 0.0007 Chicago soybeans closed mixed. JUL12 HI 14.83 NOV12 HI 13.70 LOW 14.63 1/2 LOW 13.54 1/4 CLOSE14.80 1/4 Up 4 1/4 CLOSE 13.58 3/4 Down 11 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG12 CK Low -1.05 13.75 505.32-1.10 12.49 458.84 CK High -1.00 13.80 507.16-1.00 12.59 462.51 CK Average -1.03 -0.8013.77 505.93-1.07-0.8612.52 459.94 Essex Cty -0.80 14.00 514.50-0.86 12.73 467.66 Mdsx Low -1.05 13.75 505.32-1.10 12.49 458.84 Mdsx High -0.97 13.83 508.26-1.05 12.54 460.67 Mdsx Average -1.01 -0.7813.79 506.79-1.08-0.8612.51 459.76 Hensall -1.02 13.78 506.42-1.08 12.51 459.76 Bruce -1.05 13.75 505.32-1.10 12.49 458.84 Putnam -1.05 13.75 505.32-1.10 12.49 458.84 Burford -0.97 13.83 508.26-1.05 12.54 460.67 Port Perry -1.00 13.80 507.16-1.08 12.51 459.57 Norfolk -1.02 13.78 506.42-1.05 12.54 460.67 Palmerston -0.99 13.81 507.52-1.05 12.54 460.67 Varna -0.99 13.81 507.52-1.05 12.54 460.67 Trenton -1.04 13.76 505.69-1.00 12.59 462.51 Winchester -1.07 13.73 504.58-0.95 12.64 464.35 North Gower -1.08 13.72 504.22-0.83 12.76 468.76 Huron FOB -0.84 13.96 513.03-0.95 12.64 464.35 Kent FOB -1.06 13.74 504.95-1.10 12.49 458.84 Lambton FOB -1.06 13.74 504.95-1.10 12.49 458.84 Middlesex FOB-0.81-0.81-0.82-0.77 13.99 514.14-0.80 12.79 469.86 PROCESSORS Hamilton -0.54-0.50-0.50-0.45 14.26 524.06-0.45 13.14 482.72 Windsor -0.48-0.48-0.58-0.56 14.32 526.26-0.63 12.96 476.11 Winchester -0.97 13.83 508.26-0.85 12.74 468.02 TRANSFER Hamilton -0.50 N/A N/A N/A 14.30 525.53-0.38 13.21 485.29 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.29 14.51 533.24-0.12 13.47 494.85 Toledo El. -0.28 14.53 533.77-0.32 13.26 487.32 Bank of Canada Noon exchange rate was 0.9841 down 0.0007 Chicago wheat closed slightly higher. JUL12 HI 6.36 3/4 JUL12 HI 6.36 3/4 LOW 6.24 1/2 LOW 6.24 1/2 CLOSE 6.35 1/2 Up 9 CLOSE 6.35 1/2 Up 9 Minni wheat closed moderately lower. JUL12 HI 7.87 1/4 SEP12 HI 7.83 1/4 LOW 7.70 1/2 LOW 7.68 3/4 CLOSE 7.73 Down 13 CLOSE 7.70 1/4 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 -0.30 0.44 -0.25 -0.51 CAD $/bu 6.06 6.80 6.11 7.22 CAD $/tonne 222.66 249.79 224.47 265.17 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 N/A -0.70 N/A N/A 0.10 -0.60 N/A London -0.64 0.00 -0.64 N/A -0.09 0.11 -0.63 N/A Hensall -0.70 N/A -0.70 N/A 0.05 N/A -0.60 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 -0.38 Essex N/A N/A -0.83 N/A N/A N/A -0.68 N/A Norwich -0.70 N/A -0.70 N/A 0.05 N/A -0.60 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.70 N/A -0.70 N/A 0.05 N/A -0.60 N/A Chatham N/A N/A N/A N/A N/A 0.04 -0.69 N/A Brigden N/A N/A N/A N/A N/A 0.04 -0.69 N/A Palmerston N/A 0.09 -0.70 -0.49 N/A 0.19 -0.60 -0.82 Varna -0.70 0.00 -0.70 N/A 0.05 0.25 -0.60 N/A Mitchell -0.65 0.05 -0.65 N/A 0.05 0.25 -0.60 N/A Thornton N/A N/A N/A -0.78 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A -0.40 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 -0.15 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 0.00N/A 0.44 0.89 0.25N/A Toledo El. 6.40US 6.30CA 6.43US 6.33CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.05 0.59 -0.20 -0.56 CAD $/bu 6.40 6.95 6.16 7.14 CAD $/tonne 235.32 255.22 226.28 262.36 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 305.00 - 310.00 Bayport Oats 325.00 Bayport Barley 305.00 FOB Hm Soymeal 473.78 - 478.19 DDG's FOB Srn, Wndr, Aylm 200.00 - 240.00