FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, March 11 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.0268 down 0.0005 Chicago corn closed moderately higher. MAY13 HI 7.16 1/4 DEC13 HI 5.56 1/2 LOW 7.02 1/2 LOW 5.46 1/4 CLOSE7.11 1/4 Up 7 3/4 CLOSE 5.54 Up 7 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 6.71 264.26 -0.70 4.84 190.54 CK High -0.30 6.81 268.20 -0.60 4.94 194.48 CK Avg -0.38 -0.58 6.74 265.24 -0.66 -0.82 4.89 192.31 Essex Cty -0.30 6.81 268.20 -0.70 4.84 190.54 Mdsx Low -0.40 6.71 264.26 -0.70 4.84 190.54 Mdsx High -0.40 6.71 264.26 -0.65 4.89 192.51 Mdsx Avg -0.40 -0.61 6.71 264.26 -0.68 -0.84 4.87 191.53 Hensall -0.38 6.74 265.24 -0.70 4.84 190.54 Bruce -0.40 6.71 264.26 -0.70 4.84 190.54 Putnam -0.40 6.71 264.26 -0.65 4.89 192.51 Burford -0.40 6.71 264.26 -0.65 4.89 192.51 Port Perry -0.50 6.61 260.32 -0.70 4.84 190.54 Norfolk -0.40 6.71 264.26 -0.63 4.91 193.30 Palmerston -0.49 6.62 260.72 -0.65 4.89 192.51 Varna -0.35 6.76 266.23 -0.65 4.89 192.51 Trenton -0.40 6.71 264.26 -0.65 4.89 192.51 Winchester -0.30 6.81 268.20 -0.45 5.09 200.38 North Gower -0.65 6.46 254.42 -0.58 4.96 195.27 Huron FOB -0.20 6.91 272.13 -0.70 4.84 190.54 Kent FOB -0.40 6.71 264.26 -0.63 4.91 193.30 Lamb FOB -0.40 6.71 264.26 -0.63 4.91 193.30 Mdsx FOB -0.40 -0.35N/A N/A 6.71 264.26 -0.65 4.89 192.51 FOB SW Que N/A -0.35 5.19 204.32 Track -0.08 7.04 277.05N/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 6.81 268.20N/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 5.04 198.42 Pt.Colb-Ing N/A N/A N/A 0.05 -0.45 5.09 200.38 Cardnl-Ing N/A N/A N/A N/A -0.45 5.09 200.38 W O Feed -0.08 -0.11 7.03 276.86 US Rep 0.50 0.47 7.61 299.69 Toledo El. 0.23 7.34 288.92 -0.34 5.20 204.73 TRANSFER Sarnia N/A N/A Pt. Stanley -0.40 6.71 264.26 -0.63 4.91193 2/7 Hamilton -0.38 6.73265 -0.44 5.10200 7/9 MID SD CRN -0.35 6.76 1/4 HI SD CRN -0.30 6.81 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.0268 down 0.0005 Chicago soybeans closed slightly higher. MAY13 HI 14.84 NOV13 HI 12.75 3/4 LOW 14.67 1/4 LOW 12.65 1/4 CLOSE14.79 1/2 Up 8 1/2 CLOSE 12.70 Up 1 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 14.85 545.46-0.46 12.24 449.74 CK High 0.12 14.92 548.03-0.40 12.30 451.95 CK Average 0.10 -0.3314.89 547.18-0.44-0.8112.26 450.42 Essex Cty 0.23 15.03 552.07-0.25 12.45 457.46 Mdsx Low 0.08 14.88 546.56-0.46 12.24 449.74 Mdsx High 0.10 14.90 547.30-0.40 12.30 451.95 Mdsx Average 0.09 -0.3414.89 546.93-0.43-0.8012.27 450.85 Hensall 0.10 14.90 547.30-0.40 12.30 451.95 Bruce 0.10 14.90 547.30-0.40 12.30 451.95 Putnam 0.00 14.80 543.62-0.45 12.25 450.11 Burford 0.08 14.88 546.56-0.46 12.24 449.74 Port Perry 0.10 14.90 547.30-0.44 12.26 450.48 Norfolk 0.17 14.97 549.87-0.39 12.31 452.32 Palmerston 0.05 14.85 545.46-0.40 12.30 451.95 Varna 0.10 14.90 547.30-0.40 12.30 451.95 Trenton -0.25 14.55 534.44-0.44 12.26 450.48 Winchester -0.18 14.62 537.01-0.23 12.47 458.19 North Gower -0.05 14.75 541.79-0.28 12.42 456.36 Huron FOB 0.20 15.00 550.97-0.35 12.35 453.78 Kent FOB 0.12 14.92 548.03-0.44 12.26 450.48 Lambton FOB -0.12 14.68 539.21-0.44 12.26 450.48 Middlesex FOB0.02 0.13 0.13 N/A 14.82 544.36-0.30 12.40 455.62 PROCESSORS Hamilton 0.45 0.50 0.55 N/A 15.25 560.160.05 12.75 468.48 Windsor 0.46 0.46 0.46 0.68 15.26 560.53-0.02 12.68 465.91 Winchester N/A N/A TRANSFER Hamilton 0.45 N/A N/A N/A 15.25 560.160.00 12.70 466.65 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC 0.33 15.13 555.750.35 13.05 479.51 Toledo El. 0.04 14.84 545.14-0.39 12.31 452.28 Bank of Canada Noon exchange rate was 1.0268 down 0.0005 Chicago wheat closed slightly higher. MAY13 HI 7.08 1/4 JUL13 HI 7.09 1/4 LOW 6.93 3/4 LOW 6.95 1/2 CLOSE 7.00 Up 3 CLOSE 7.01 3/4 Up 3 Minni wheat closed slightly higher. MAY13 HI 7.99 1/2 SEP13 HI 7.97 1/4 LOW 7.89 3/4 LOW 7.88 CLOSE 7.94 Up 2 CLOSE 7.92 Up 1/2 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 6.59 6.79 6.43 7.19 CAD $/tonne 241.96 249.52 236.29 264.26 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 -0.55 N/A N/A -0.80 -0.85 N/A London -0.46 -0.57 -0.62 N/A -0.51 -0.72 -0.87 N/A Hensall -0.35 N/A -0.50 N/A -0.40 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 -0.97 N/A Norwich -0.35 N/A -0.50 N/A -0.40 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 -0.45 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 -0.37 -0.73 -0.52 N/A -0.68 -0.93 -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 -0.40 -0.80 -0.85 N/A Thornton N/A N/A N/A -1.02 N/A N/A N/A N/A North Gower N/A N/A N/A -0.73 N/A N/A N/A -0.76 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 0.31N/A 0.61N/A 0.00N/A Toledo El. 6.82US 7.02CA 6.89US 7.09CA GFO Contract Wheat Prices - DEL Terminal Harvest 13 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.26 -0.21 -0.72 -0.70 CAD $/bu 6.76 6.81 6.29 7.22 CAD $/tonne 248.29 250.18 231.28 265.40 (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 515.89 - 521.40 DDG's FOB Srn, Wndr, Aylm 285.00 - 295.00