FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, March 1 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0285 up 0.0000 Chicago corn closed mixed. MAY13 HI 7.09 3/4 DEC13 HI 5.58 LOW 6.99 1/4 LOW 5.52 CLOSE7.08 1/2 Up 5 CLOSE 5.56 3/4 Down 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY13+JUL13+JUL13 CK Low -0.40 6.69 263.18 -0.70 4.87 191.63 CK High -0.40 6.69 263.18 -0.65 4.92 193.59 CK Avg -0.40 -0.60 6.69 263.18 -0.68 -0.85 4.88 192.28 Essex Cty -0.40 6.69 263.18 -0.70 4.87 191.63 Mdsx Low -0.40 6.69 263.18 -0.70 4.87 191.63 Mdsx High -0.40 6.69 263.18 -0.65 4.92 193.59 Mdsx Avg -0.40 -0.60 6.69 263.18 -0.68 -0.85 4.89 192.61 Hensall -0.40 6.69 263.18 -0.65 4.92 193.59 Bruce -0.40 6.69 263.18 -0.65 4.92 193.59 Putnam -0.40 6.69 263.18 -0.65 4.92 193.59 Burford -0.40 6.69 263.18 -0.70 4.87 191.63 Port Perry -0.50 6.59 259.24 -0.75 4.82 189.66 Norfolk -0.40 6.69 263.18 -0.70 4.87 191.63 Palmerston -0.45 6.64 261.21 -0.70 4.87 191.63 Varna -0.45 6.64 261.21 -0.70 4.87 191.63 Trenton -0.50 6.59 259.24 -0.70 4.87 191.63 Winchester -0.35 6.74 265.15 -0.45 5.12 201.47 North Gower -0.69 6.40 251.76 -0.55 5.02 197.53 Huron FOB -0.25 6.84 269.08 -0.65 4.92 193.59 Kent FOB -0.40 6.69 263.18 -0.70 4.87 191.63 Lamb FOB -0.40 6.69 263.18 -0.70 4.87 191.63 Mdsx FOB -0.40 -0.40 -0.20 -0.20 6.69 263.18 -0.70 4.87 191.63 FOB SW Que -0.30 6.79 267.11 -0.35 5.22 205.40 Track -0.15 6.94 273.02N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A N/A -0.40 N/A Sarn-Eth -0.35 -0.35 -0.15 -0.15 6.74 265.15N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A -0.10 -0.05 -0.55 5.02 197.53 Pt.Colb-Ing N/A N/A N/A 0.00 -0.50 5.07 199.50 Cardnl-Ing N/A N/A N/A N/A -0.45 5.12 201.47 W O Feed -0.04 -0.07 7.05 277.35 US Rep 0.75 0.72 7.84 308.45 Toledo El. 0.23 7.31 287.83 -0.34 5.23 205.79 TRANSFER Sarnia N/A N/A Pt. Stanley -0.40 6.69 263.18 -0.70 4.87191 5/8 Hamilton -0.30 6.79267 1/9 -0.43 5.14202 1/4 MID SD CRN -0.40 6.68 1/2 HI SD CRN -0.40 6.68 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0285 up 0.0000 Chicago soybeans closed mixed. MAY13 HI 14.57 1/2 NOV13 HI 12.64 3/4 LOW 14.33 LOW 12.51 1/4 CLOSE14.43 1/2 Down 8 3/4 CLOSE 12.61 1/4 Up 1 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL13 CK Low -0.05 14.39 528.56-0.45 12.16 446.90 CK High 0.00 14.44 530.40-0.40 12.21 448.73 CK Average -0.01 -0.4214.42 529.97-0.43-0.8112.18 447.69 Essex Cty 0.07 14.51 532.97-0.23 12.38 454.98 Mdsx Low 0.00 14.44 530.40-0.40 12.21 448.73 Mdsx High 0.00 14.44 530.40-0.40 12.21 448.73 Mdsx Average 0.00 -0.4114.44 530.40-0.40-0.7912.21 448.73 Hensall 0.00 14.44 530.40-0.38 12.24 449.65 Bruce -0.05 14.39 528.56-0.45 12.16 446.90 Putnam 0.00 14.44 530.40-0.45 12.16 446.90 Burford 0.00 14.44 530.40-0.40 12.21 448.73 Port Perry -0.03 14.41 529.29-0.43 12.18 447.63 Norfolk 0.05 14.49 532.23-0.37 12.24 449.83 Palmerston N/A -0.45 12.16 446.90 Varna -0.05 14.39 528.56-0.40 12.21 448.73 Trenton -0.15 14.29 524.88-0.36 12.25 450.20 Winchester -0.15 14.29 524.88-0.20 12.41 456.08 North Gower -0.04 14.40 528.93-0.23 12.38 454.98 Huron FOB 0.10 14.54 534.07-0.30 12.31 452.41 Kent FOB 0.00 14.44 530.40-0.42 12.19 448.00 Lambton FOB 0.00 14.44 530.40-0.42 12.19 448.00 Middlesex FOB0.00 0.10 0.10 N/A 14.44 530.40-0.24 12.37 454.61 PROCESSORS Hamilton 0.40 0.45 0.50 N/A 14.84 545.090.00 12.61 463.43 Windsor 0.30 0.31 0.31 0.44 14.74 541.420.00 12.61 463.43 Winchester N/A N/A TRANSFER Hamilton 0.46 N/A N/A N/A 14.90 547.300.15 12.76 468.94 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.60 15.04 552.440.40 13.01 478.13 Toledo El. 0.07 14.51 533.04-0.39 12.22 449.04 Bank of Canada Noon exchange rate was 1.0285 up 0.0000 Chicago wheat closed slightly higher. MAY13 HI 7.26 3/4 JUL13 HI 7.28 LOW 7.08 LOW 7.09 3/4 CLOSE 7.20 1/2 Up 6 CLOSE 7.22 1/4 Up 5 3/4 Minni wheat closed slightly higher. MAY13 HI 8.11 1/2 SEP13 HI 8.16 1/2 LOW 8.00 LOW 8.07 CLOSE 8.05 Up 3 1/4 CLOSE 8.09 1/2 Up 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.41 -0.21 -0.57 -0.75 CAD $/bu 6.79 7.00 6.64 7.30 CAD $/tonne 249.55 257.11 243.89 268.26 Direct MarkHarvest 2012 Harvest 2013 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 -0.80 -0.90 N/A London -0.65 -0.70 -0.75 N/A -0.52 -0.67 -0.88 N/A Hensall -0.45 N/A -0.70 N/A -0.50 N/A -0.95 N/A Trenton N/A N/A N/A N/A N/A N/A -1.30 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.90 Essex N/A N/A -0.71 N/A N/A N/A -0.95 N/A Norwich -0.45 N/A -0.70 N/A -0.50 N/A -0.95 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.55 N/A -0.75 N/A -0.55 N/A -0.95 N/A Chatham N/A -0.60 -0.65 N/A N/A -0.80 -0.90 N/A Brigden N/A -0.60 -0.65 N/A N/A -0.80 -0.90 N/A Palmerston N/A N/A -0.74 N/A N/A -0.72 -0.94 -0.73 Varna -0.40 -0.50 -0.65 N/A -0.50 -0.85 -0.95 N/A Mitchell -0.45 -0.70 -0.70 N/A -0.50 -0.85 -0.95 N/A Thornton N/A N/A N/A -1.14 N/A N/A N/A N/A North Gower N/A N/A N/A -0.73 N/A N/A N/A -0.72 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.10 N/A N/A N/A -0.63 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 0.31N/A 0.63N/A 0.01N/A Toledo El. 6.92US 7.11CA 6.99US 7.21CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.24 -0.19 -0.71 -0.68 CAD $/bu 6.98 7.03 6.52 7.42 CAD $/tonne 256.46 258.36 239.42 272.46 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 350.00 - 365.00 Bayport Oats 350.00 Bayport Barley 330.00 FOB Hm Soymeal 504.10 - 511.81 DDG's FOB Srn, Wndr, Aylm 285.00 - 290.00