FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 24 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.2603 up 0.0023 Chicago corn closed slightly lower. MAR15 HI 3.87 DEC15 HI 4.18 1/2 LOW 3.77 1/2 LOW 4.09 1/2 CLOSE3.77 1/2 Down 1 1/4 CLOSE 4.09 3/4 Down 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY15+MAY15+JUL15 CK Low 0.80 4.58 180.11 0.40 4.50 177.06 CK High 0.83 4.61 181.29 0.40 4.50 177.06 CK Avg 0.81 -0.14 4.58 180.31 0.40 -0.63 4.50 177.06 Essex Cty 0.80 4.58 180.11 0.40 4.50 177.06 Mdsx Low 0.80 4.58 180.11 0.40 4.50 177.06 Mdsx High 0.80 4.58 180.11 0.40 4.50 177.06 Mdsx Avg 0.80 -0.15 4.58 180.11 0.40 -0.63 4.50 177.06 Hensall 0.80 4.58 180.11 0.40 4.50 177.06 Bruce 0.80 4.58 180.11 0.40 4.50 177.06 Putnam 0.80 4.58 180.11 0.40 4.50 177.06 Burford 0.80 4.58 180.11 0.40 4.50 177.06 Port Perry 0.80 4.58 180.11 0.40 4.50 177.06 Norfolk 0.83 4.61 181.29 0.40 4.50 177.06 Palmerston 0.80 4.58 180.11 0.40 4.50 177.06 Varna 0.80 4.58 180.11 0.40 4.50 177.06 Trenton 0.90 4.68 184.05 0.60 4.70 184.93 Winchester 1.00 4.78 187.98 1.00 5.10 200.68 North Gower 0.86 4.64 182.47 0.85 4.95 194.77 Huron FOB 1.10 4.88 191.92 0.50 4.60 181.00 Kent FOB 0.83 4.61 181.29 0.40 4.50 177.06 Lamb FOB 0.83 4.61 181.29 0.40 4.50 177.06 Mdsx FOB 0.80 0.80 0.85 0.85 4.58 180.11 0.40 4.50 177.06 FOB SW Que N/A N/A Track 1.18 4.95 194.87N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 0.70 4.80 188.87 Jhnstwn-Eth N/A N/A N/A N/A 0.90 5.00 196.74 Aylmer-Eth N/A N/A 0.85 0.85 N/A Sarn-Eth 1.00 1.00 1.00 1.00 4.78 187.98N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A 1.00 1.10 0.70 4.80 188.87 Pt.Colb-Ing N/A N/A N/A N/A 0.70 4.80 188.87 Cardnl-Ing N/A N/A N/A 1.10 0.85 4.95 194.77 W O Feed 1.26 0.93 5.03 198.06 US Rep 1.40 1.07 5.18 203.73 Toledo El. -0.10 3.67 144.68 -0.54 3.56 140.11 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A N/A MID SD CRN 0.81 1/2 4.59 HI SD CRN 0.83 4.60 1/2 *Wet Bid Bank of Canada Noon exchange rate was 1.2603 up 0.0023 Chicago soybeans closed moderately higher. MAR15 HI 10.29 NOV15 HI 10.02 LOW 9.99 LOW 9.79 3/4 CLOSE10.16 Up 16 3/4 CLOSE 9.92 3/4 Up 13 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+AUG15 CK Low 2.03 12.19 447.911.70 11.63 427.24 CK High 2.10 12.26 450.481.80 11.73 430.91 CK Average 2.07 -0.4812.23 449.311.74 -0.7611.67 428.83 Essex Cty 2.04 12.20 448.271.87 11.80 433.48 Mdsx Low 2.03 12.19 447.911.69 11.62 426.87 Mdsx High 2.10 12.26 450.481.70 11.63 427.24 Mdsx Average 2.07 -0.4812.23 449.191.70 -0.8111.62 427.05 Hensall 2.10 12.26 450.481.73 11.65 428.16 Bruce 2.10 12.26 450.481.70 11.63 427.24 Putnam 2.00 12.16 446.801.70 11.63 427.24 Burford 2.06 12.22 449.011.72 11.65 427.97 Port Perry 2.03 12.19 447.911.69 11.62 426.87 Norfolk 2.08 12.24 449.741.75 11.68 429.07 Palmerston 2.05 12.21 448.641.75 11.68 429.07 Varna 2.10 12.26 450.481.75 11.68 429.07 Trenton 2.08 12.24 449.741.70 11.63 427.24 Winchester 2.30 12.46 457.832.10 12.03 441.93 North Gower 1.78 11.94 438.721.88 11.81 433.85 Huron FOB 2.25 12.41 455.991.90 11.83 434.59 Kent FOB 2.03 12.19 447.911.75 11.68 429.07 Lambton FOB 2.03 12.19 447.911.70 11.63 427.24 Middlesex FOB2.07 2.14 2.20 N/A 12.23 449.381.86 11.79 433.12 PROCESSORS Hamilton 2.55 2.59 2.66 2.72 12.71 467.012.28 12.21 448.55 Windsor 2.25 2.31 2.78 2.40 12.41 455.992.08 12.01 441.20 Winchester N/A N/A TRANSFER Hamilton N/A N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A N/A Toledo El. -0.18 9.98 366.88-0.48 9.45 347.29 Bank of Canada Noon exchange rate was 1.2603 up 0.0023 Chicago wheat closed slightly lower to steady. MAR15 HI 5.13 1/4 JUL15 HI 5.15 1/4 LOW 5.04 1/2 LOW 5.07 CLOSE 5.05 3/4 Unchanged CLOSE 5.08 1/4 Down 1/2 Minni wheat closed narrowly mixed. MAR15 HI 5.74 SEP15 HI 5.84 1/4 LOW 5.64 3/4 LOW 5.78 3/4 CLOSE 5.66 Down 1 3/4 CLOSE 5.79 1/2 Up 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.14 1.71 1.21 0.92 CAD $/bu 7.20 6.76 6.26 6.58 CAD $/tonne 264.64 248.55 230.17 241.77 Direct MarkHarvest 2014 Harvest 2015 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 N/A N/A N/A 1.30 0.80 N/A London 2.20 1.44 1.19 N/A 1.21 1.34 0.71 N/A Hensall 2.20 N/A 1.20 N/A 1.30 N/A 0.70 N/A Trenton N/A N/A N/A N/A N/A N/A 0.80 N/A Winchester N/A N/A N/A N/A N/A N/A N/A 1.00 Essex N/A N/A 1.20 N/A N/A N/A 0.67 N/A Norwich 2.20 N/A 1.20 N/A 1.40 N/A 0.75 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 2.20 N/A 1.20 N/A 1.40 N/A 0.70 N/A Chatham N/A 1.30 1.20 N/A N/A 1.05 0.70 N/A Brigden N/A N/A 1.20 N/A N/A N/A 0.70 N/A Palmerston N/A 1.85 1.20 0.60 N/A 1.40 0.70 0.35 Varna 2.20 1.80 1.20 N/A 1.30 1.30 0.65 N/A Mitchell 2.20 1.80 1.20 N/A 1.30 1.30 0.70 N/A Thornton N/A N/A N/A 0.35 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A 1.16 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A N/A N/A N/A N/A N/A N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 3.52N/A 1.52N/A N/A N/A 1.53N/A Toledo El. 5.18US 6.48CA 5.15US 6.45CA GFO Contract Wheat Prices - DEL Terminal Harvest 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.28 1.78 0.97 1.15 CAD $/bu 6.37 6.87 6.05 6.94 CAD $/tonne 233.88 252.28 222.37 255.16 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 Bayport Oats 300.00 Bayport Barley 275.00 FOB Hm Soymeal 544.44 - 558.77 DDG's FOB Srn & Aylm 265.00 - 280.00