FARM MARKET NEWS - CORN REPORT FOR Wed, December 16

FARM MARKET NEWS - CORN REPORT FOR Wed, December 16 Bank of Canada Noon exchange rate was 1.3805 up 0.0077 Chicago corn closed moderately lower. MAR16 HI 3.77 3/4 DEC16 HI 3.97 3/4 LOW 3.69 1/4 LOW 3.90 1/4 CLOSE3.69 3/4 Down 7 1/2 CLOSE 3.91 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 +MAR16+MAR16+MAY16 CK Low 0.85 4.55 179.03 0.85 4.76 187.49 CK High 0.90 4.60 181.00 0.85 4.76 187.49 CK Avg 0.87 -0.53 4.56 179.68 0.85 -0.63 4.76 187.49 Essex Cty 0.85 4.55 179.03 0.85 4.76 187.49 Mdsx Low 0.85 4.55 179.03 0.85 4.76 187.49 Mdsx High 0.85 4.55 179.03 0.85 4.76 187.49 Mdsx Avg 0.85 -0.55 4.55 179.03 0.85 -0.63 4.76 187.49 Hensall 0.88 4.57 180.01 0.88 4.79 188.48 Bruce 0.85 4.55 179.03 0.85 4.76 187.49 Putnam 0.85 4.55 179.03 0.85 4.76 187.49 Burford 0.85 4.55 179.03 0.85 4.76 187.49 Port Perry 0.85 4.55 179.03 0.85 4.76 187.49 Norfolk 0.90 4.60 181.00 0.85 4.76 187.49 Palmerston 0.85 4.55 179.03 0.85 4.76 187.49 Varna 0.90 4.60 181.00 0.90 4.81 189.46 Trenton 0.85 4.55 179.03 0.85 4.76 187.49 Winchester 0.90 4.60 181.00 0.95 4.86 191.43 North Gower 0.90 4.60 181.00 0.95 4.86 191.43 Huron FOB 1.15 4.85 190.84 0.95 4.86 191.43 Kent FOB 0.90 4.60 181.00 0.85 4.76 187.49 Lamb FOB 0.90 4.60 181.00 0.85 4.76 187.49 Mdsx FOB 0.85 0.90 0.90N/A 4.55 179.03 0.85 4.76 187.49 FOB SW Que N/A N/A Track 1.33 5.02 197.73N/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 1.25 1.25 1.30 1.05 4.96 195.36 Sarn-Eth N/A N/A 1.38 1.38 N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A N/A 1.15 5.06 199.30 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A N/A 1.15 5.06 199.30 W O Feed 1.45 0.93 5.15 202.65 US Rep 1.80 1.28 5.50 216.43 Toledo El. 0.12 3.82 150.45 -0.32 3.60 141.54 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A N/A MID SD CRN 0.87 1/2 4.57 1/4 HI SD CRN 0.90 4.59 3/4 *Wet Bid