FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, March 4 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0298 up 0.0013 Chicago corn closed slightly lower. MAY13 HI 7.12 3/4 DEC13 HI 5.58 1/4 LOW 6.95 1/4 LOW 5.45 1/4 CLOSE7.03 1/4 Down 5 1/4 CLOSE 5.50 1/4 Down 6 1/2 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 6.63 261.11 -0.70 4.80 189.07 CK High -0.40 6.63 261.11 -0.65 4.85 191.03 CK Avg -0.40 -0.62 6.63 261.11 -0.68 -0.84 4.83 190.05 Essex Cty -0.40 6.63 261.11 -0.70 4.80 189.07 Mdsx Low -0.40 6.63 261.11 -0.65 4.85 191.03 Mdsx High -0.40 6.63 261.11 -0.65 4.85 191.03 Mdsx Avg -0.40 -0.62 6.63 261.11 -0.65 -0.82 4.85 191.03 Hensall -0.40 6.63 261.11 -0.65 4.85 191.03 Bruce -0.40 6.63 261.11 -0.65 4.85 191.03 Putnam -0.40 6.63 261.11 -0.65 4.85 191.03 Burford -0.40 6.63 261.11 -0.65 4.85 191.03 Port Perry -0.50 6.53 257.17 -0.70 4.80 189.07 Norfolk -0.40 6.63 261.11 -0.70 4.80 189.07 Palmerston -0.40 6.63 261.11 -0.65 4.85 191.03 Varna -0.40 6.63 261.11 -0.65 4.85 191.03 Trenton -0.45 6.58 259.14 -0.70 4.80 189.07 Winchester -0.35 6.68 263.08 -0.45 5.05 198.91 North Gower -0.69 6.34 249.69 -0.58 4.92 193.79 Huron FOB -0.25 6.78 267.02 -0.65 4.85 191.03 Kent FOB -0.40 6.63 261.11 -0.70 4.80 189.07 Lamb FOB -0.40 6.63 261.11 -0.70 4.80 189.07 Mdsx FOB -0.40 -0.35 -0.30N/A 6.63 261.11 -0.65 4.85 191.03 FOB SW Que -0.40 6.63 261.11 -0.35 5.15 202.84 Track -0.10 6.93 272.92N/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 6.68 263.08N/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 4.95 194.97 Pt.Colb-Ing N/A N/A N/A 0.00 -0.50 5.00 196.94 Cardnl-Ing N/A N/A N/A N/A -0.45 5.05 198.91 W O Feed -0.03 -0.06 7.00 275.68 US Rep 0.50 0.47 7.53 296.54 Toledo El. 0.23 7.26 285.78 -0.34 5.16 203.23 TRANSFER Sarnia N/A N/A Pt. Stanley -0.40 6.63 261.11 -0.70 4.80189 Hamilton -0.32 6.71264 1/4 -0.44 5.06199 1/3 MID SD CRN -0.40 6.63 1/4 HI SD CRN -0.40 6.63 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0298 up 0.0013 Chicago soybeans closed slightly to moderately higher. MAY13 HI 14.64 1/4 NOV13 HI 12.71 1/4 LOW 14.34 1/4 LOW 12.48 1/4 CLOSE14.62 Up 18 1/2 CLOSE 12.69 1/4 Up 8 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL13 CK Low -0.05 14.57 535.36-0.45 12.24 449.83 CK High 0.00 14.62 537.19-0.40 12.29 451.67 CK Average -0.02 -0.4714.60 536.58-0.43-0.8212.26 450.63 Essex Cty 0.07 14.69 539.77-0.23 12.46 457.92 Mdsx Low -0.03 14.59 536.09-0.40 12.29 451.67 Mdsx High 0.00 14.62 537.19-0.40 12.29 451.67 Mdsx Average -0.02 -0.4614.61 536.64-0.40-0.7912.29 451.67 Hensall 0.00 14.62 537.19-0.38 12.32 452.59 Bruce 0.00 14.62 537.19-0.45 12.24 449.83 Putnam 0.00 14.62 537.19-0.45 12.24 449.83 Burford -0.03 14.59 536.09-0.40 12.29 451.67 Port Perry -0.06 14.56 534.99-0.43 12.26 450.57 Norfolk 0.05 14.67 539.03-0.32 12.37 454.61 Palmerston 0.00 14.62 537.19-0.35 12.34 453.51 Varna 0.00 14.62 537.19-0.35 12.34 453.51 Trenton -0.20 14.42 529.84-0.40 12.29 451.67 Winchester -0.25 14.37 528.01-0.30 12.39 455.35 North Gower -0.09 14.53 533.89-0.28 12.41 456.08 Huron FOB 0.10 14.72 540.87-0.30 12.39 455.35 Kent FOB 0.00 14.62 537.19-0.42 12.27 450.94 Lambton FOB 0.00 14.62 537.19-0.42 12.27 450.94 Middlesex FOB0.00 0.05 0.05 N/A 14.62 537.19-0.28 12.41 456.08 PROCESSORS Hamilton 0.50 0.55 0.55 N/A 15.12 555.560.10 12.79 470.04 Windsor 0.30 0.31 0.31 0.47 14.92 548.220.00 12.69 466.37 Winchester N/A N/A TRANSFER Hamilton 0.45 N/A N/A N/A 15.07 553.730.10 12.79 470.04 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.35 14.97 550.050.35 13.04 479.23 Toledo El. 0.07 14.69 539.84-0.39 12.30 451.98 Bank of Canada Noon exchange rate was 1.0298 up 0.0013 Chicago wheat closed moderately lower. MAY13 HI 7.22 JUL13 HI 7.23 LOW 6.97 1/2 LOW 7.00 CLOSE 7.02 1/2 Down 18 CLOSE 7.04 1/2 Down 17 3/4 Minni wheat closed moderately lower. MAY13 HI 8.05 1/2 SEP13 HI 8.10 LOW 7.90 1/2 LOW 7.94 CLOSE 7.92 1/4 Down 13 CLOSE 7.95 1/4 Down 15 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.40 -0.20 -0.56 -0.74 CAD $/bu 6.62 6.83 6.47 7.19 CAD $/tonne 243.33 250.90 237.65 264.06 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 -0.57 -0.62 -0.67 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 -1.25 N/A Winchester N/A N/A N/A N/A N/A N/A N/A -0.90 Essex N/A N/A -0.72 N/A N/A N/A -0.96 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 -1.10 N/A Brigden N/A -0.60 -0.65 N/A N/A -0.80 -1.10 N/A Palmerston N/A -0.36 -0.72 -0.52 N/A -0.67 -0.93 -0.67 Varna -0.35 -0.45 -0.60 N/A -0.45 -0.80 -0.90 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 -1.06 N/A N/A N/A N/A North Gower N/A N/A N/A -0.75 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 -0.06 N/A N/A N/A -0.64 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 0.32N/A 0.63N/A 0.01N/A Toledo El. 6.75US 6.95CA 6.82US 7.02CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.25 -0.20 -0.71 -0.68 CAD $/bu 6.80 6.85 6.33 7.27 CAD $/tonne 249.77 251.66 232.73 267.09 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 360.00 - 365.00 Bayport Oats 355.00 Bayport Barley 330.00 FOB Hm Soymeal 508.95 - 515.56 DDG's FOB Srn, Wndr, Aylm 285.00 - 295.00