FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, March 8 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0273 down 0.0029 Chicago corn closed slightly to moderately higher. MAY13 HI 7.05 DEC13 HI 5.50 LOW 6.89 3/4 LOW 5.39 CLOSE7.03 1/2 Up 12 1/4 CLOSE 5.47 Up 5 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 -0.35 6.69 263.18 -0.70 4.77 187.79 CK High -0.30 6.74 265.15 -0.60 4.87 191.72 CK Avg -0.34 -0.56 6.69 263.50 -0.65 -0.82 4.82 189.89 Essex Cty -0.40 6.64 261.21 -0.70 4.77 187.79 Mdsx Low -0.35 6.69 263.18 -0.70 4.77 187.79 Mdsx High -0.35 6.69 263.18 -0.65 4.82 189.76 Mdsx Avg -0.35 -0.57 6.69 263.18 -0.68 -0.85 4.80 188.77 Hensall -0.35 6.69 263.18 -0.70 4.77 187.79 Bruce -0.35 6.69 263.18 -0.70 4.77 187.79 Putnam -0.40 6.64 261.21 -0.65 4.82 189.76 Burford -0.35 6.69 263.18 -0.65 4.82 189.76 Port Perry -0.45 6.59 259.24 -0.70 4.77 187.79 Norfolk -0.35 6.69 263.18 -0.63 4.84 190.54 Palmerston -0.49 6.55 257.67 -0.65 4.82 189.76 Varna -0.35 6.69 263.18 -0.65 4.82 189.76 Trenton -0.40 6.64 261.21 -0.65 4.82 189.76 Winchester -0.30 6.74 265.15 -0.40 5.07 199.60 North Gower -0.64 6.40 251.76 -0.57 4.90 192.90 Huron FOB -0.20 6.84 269.08 -0.70 4.77 187.79 Kent FOB -0.35 6.69 263.18 -0.63 4.84 190.54 Lamb FOB -0.35 6.69 263.18 -0.63 4.84 190.54 Mdsx FOB -0.35 -0.35N/A N/A 6.69 263.18 -0.65 4.82 189.76 FOB SW Que -0.35 6.69 263.18 -0.35 5.12 201.57 Track -0.05 6.99 274.99N/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 -0.20 N/A Sarn-Eth -0.30 -0.30 0.10 0.10 6.74 265.15N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A -0.05 0.00 -0.50 4.97 195.66 Pt.Colb-Ing N/A N/A N/A 0.05 -0.45 5.02 197.63 Cardnl-Ing N/A N/A N/A N/A -0.45 5.02 197.63 W O Feed -0.06 -0.09 6.98 274.59 US Rep 0.50 0.47 7.54 296.64 Toledo El. 0.23 7.26 285.89 -0.34 5.13 201.95 TRANSFER Sarnia N/A N/A Pt. Stanley -0.35 6.69 263.18 -0.70 4.77187 4/5 Hamilton -0.37 6.67262 2/5 -0.44 5.03198 MID SD CRN -0.32 1/2 6.71 HI SD CRN -0.30 6.73 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.0273 down 0.0029 Chicago soybeans closed slightly lower. MAY13 HI 14.84 3/4 NOV13 HI 12.82 LOW 14.50 1/4 LOW 12.59 CLOSE14.71 Down 2 1/2 CLOSE 12.68 1/2 Down 9 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL13 CK Low 0.05 14.76 542.34-0.48 12.21 448.46 CK High 0.10 14.81 544.17-0.40 12.29 451.40 CK Average 0.08 -0.3814.79 543.56-0.45-0.8512.24 449.56 Essex Cty 0.24 14.95 549.32-0.22 12.47 458.01 Mdsx Low 0.05 14.76 542.34-0.44 12.25 449.93 Mdsx High 0.10 14.81 544.17-0.40 12.29 451.40 Mdsx Average 0.08 -0.3914.79 543.26-0.42-0.8212.27 450.66 Hensall 0.10 14.81 544.17-0.40 12.29 451.40 Bruce 0.10 14.81 544.17-0.40 12.29 451.40 Putnam 0.00 14.71 540.50-0.45 12.24 449.56 Burford 0.05 14.76 542.34-0.44 12.25 449.93 Port Perry 0.07 14.78 543.07-0.42 12.27 450.66 Norfolk 0.15 14.86 546.01-0.43 12.26 450.29 Palmerston 0.05 14.76 542.34-0.40 12.29 451.40 Varna 0.10 14.81 544.17-0.40 12.29 451.40 Trenton -0.25 14.46 531.31-0.44 12.25 449.93 Winchester -0.25 14.46 531.31-0.29 12.40 455.44 North Gower 0.02 14.73 541.23-0.26 12.43 456.54 Huron FOB 0.20 14.91 547.85-0.35 12.34 453.23 Kent FOB 0.10 14.81 544.17-0.48 12.21 448.46 Lambton FOB 0.10 14.81 544.17-0.48 12.21 448.46 Middlesex FOB0.01 0.14 0.14 N/A 14.72 540.87-0.31 12.38 454.70 PROCESSORS Hamilton 0.45 0.50 0.55 N/A 15.16 557.030.05 12.74 467.93 Windsor 0.46 0.46 0.46 N/A 15.17 557.400.01 12.70 466.46 Winchester N/A N/A TRANSFER Hamilton 0.50 N/A N/A N/A 15.21 558.870.10 12.79 469.77 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.40 15.11 555.200.40 13.09 480.79 Toledo El. 0.04 14.75 542.02-0.39 12.29 451.69 Bank of Canada Noon exchange rate was 1.0273 down 0.0029 Chicago wheat closed narrowly mixed. MAY13 HI 7.03 JUL13 HI 7.05 1/2 LOW 6.87 1/4 LOW 6.90 1/2 CLOSE 6.97 Up 1 1/2 CLOSE 6.98 3/4 Down 1/4 Minni wheat closed slightly lower. MAY13 HI 7.98 SEP13 HI 7.96 LOW 7.85 1/2 LOW 7.85 1/2 CLOSE 7.92 Down 3 1/2 CLOSE 7.91 1/2 Down 2 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 -0.19 -0.55 -0.73 CAD $/bu 6.57 6.78 6.42 7.19 CAD $/tonne 241.40 248.98 235.71 264.13 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 -0.60 N/A N/A -0.80 -0.85 N/A London -0.57 -0.62 -0.68 N/A -0.57 -0.73 -0.93 N/A Hensall -0.35 N/A -0.50 N/A -0.45 N/A -0.85 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 -0.49 Essex N/A N/A -0.73 N/A N/A N/A -0.74 N/A Norwich -0.35 N/A -0.50 N/A -0.45 N/A -0.85 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.40 N/A -0.60 N/A -0.50 N/A -0.85 N/A Chatham N/A -0.55 -0.60 N/A N/A -0.80 -0.85 N/A Brigden N/A -0.55 -0.60 N/A N/A -0.80 -0.85 N/A Palmerston N/A -0.35 -0.72 -0.52 N/A -0.65 -0.92 -0.68 Varna -0.35 -0.45 -0.50 N/A -0.40 -0.75 -0.85 N/A Mitchell -0.35 -0.55 -0.50 N/A -0.45 -0.80 -0.85 N/A Thornton N/A N/A N/A -1.09 N/A N/A N/A N/A North Gower N/A N/A N/A -0.73 N/A N/A N/A -0.74 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A -0.07 N/A N/A N/A -0.65 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. 6.74US 6.95CA 6.81US 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 -0.19 -0.71 -0.68 CAD $/bu 6.74 6.79 6.28 7.23 CAD $/tonne 247.74 249.64 230.69 265.84 (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 355.00 Bayport Barley 320.00 FOB Hm Soymeal 510.60 - 518.32 DDG's FOB Srn, Wndr, Aylm 285.00 - 295.00