FARM MARKET NEWS - CORN REPORT FOR Fri, January 15

FARM MARKET NEWS - CORN REPORT FOR Fri, January 15 Bank of Canada Noon exchange rate was 1.4528 up 0.0155 Chicago corn closed slightly to moderately higher. MAR16 HI 3.63 1/2 DEC16 HI 3.85 1/2 LOW 3.56 LOW 3.80 1/4 CLOSE3.63 1/4 Up 5 1/4 CLOSE 3.85 1/4 Up 3 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAR16+MAY16+MAY16 CK Low 0.95 4.58 180.41 0.95 4.80 189.07 CK High 1.10 4.73 186.31 1.00 4.85 191.03 CK Avg 1.04 -0.61 4.67 184.01 0.99 -0.76 4.84 190.71 Essex Cty 1.10 4.73 186.31 1.00 4.85 191.03 Mdsx Low 1.05 4.68 184.34 1.00 4.85 191.03 Mdsx High 1.05 4.68 184.34 1.00 4.85 191.03 Mdsx Avg 1.05 -0.60 4.68 184.34 1.00 -0.75 4.85 191.03 Hensall 1.05 4.68 184.34 1.00 4.85 191.03 Bruce 1.05 4.68 184.34 1.05 4.90 193.00 Putnam 0.95 4.58 180.41 0.95 4.80 189.07 Burford 1.05 4.68 184.34 1.00 4.85 191.03 Port Perry 1.05 4.68 184.34 1.00 4.85 191.03 Norfolk 1.05 4.68 184.34 1.00 4.85 191.03 Palmerston 0.90 4.53 178.44 0.90 4.75 187.10 Varna 1.05 4.68 184.34 1.00 4.85 191.03 Trenton 1.00 4.63 182.37 1.00 4.85 191.03 Winchester 1.00 4.63 182.37 1.00 4.85 191.03 North Gower 0.98 4.61 181.59 1.06 4.91 193.40 Huron FOB 1.30 4.93 194.18 1.05 4.90 193.00 Kent FOB 1.05 4.68 184.34 1.00 4.85 191.03 Lamb FOB 1.05 4.68 184.34 1.00 4.85 191.03 Mdsx FOB 1.05 1.10 1.15 1.20 4.68 184.34 1.10 4.95 194.97 FOB SW Que N/A N/A Track 1.45 5.08 200.09N/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 1.40 1.40 1.10 4.95 194.97 Sarn-Eth N/A 1.40 1.40N/A N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A N/A N/A 1.20 5.05 198.91 Pt.Colb-Ing N/A N/A 1.45 1.50 N/A Cardnl-Ing N/A N/A N/A 1.55 1.20 5.05 198.91 W O Feed 1.52 0.87 5.16 203.00 US Rep 1.80 1.14 5.43 213.87 Toledo El. 0.13 3.76 148.16 -0.33 3.52 138.50 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A N/A MID SD CRN 1.02 1/2 4.65 3/4 HI SD CRN 1.10 4.73 1/4 *Wet Bid