FARM MARKET NEWS - CORN REPORT FOR Tue, May 3

FARM MARKET NEWS - CORN REPORT FOR Tue, May 3 Bank of Canada Noon exchange rate was 1.2686 up 0.0138 Chicago corn closed lower. JUL16 HI 3.95 DEC16 HI 3.98 1/2 LOW 3.77 LOW 3.84 CLOSE3.79 3/4 Down 12 CLOSE 3.87 Down 9 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL16+SEP16+SEP16 CK Low 0.60 4.40 173.12 0.50 4.37 172.04 CK High 0.64 4.44 174.70 0.55 4.42 174.01 CK Avg 0.61 -0.34 4.40 173.38 0.51 -0.43 4.38 172.37 Essex Cty 0.64 4.44 174.70 0.50 4.37 172.04 Mdsx Low 0.60 4.40 173.12 0.50 4.37 172.04 Mdsx High 0.60 4.40 173.12 0.50 4.37 172.04 Mdsx Avg 0.60 -0.34 4.40 173.12 0.50 -0.44 4.37 172.04 Hensall 0.61 4.41 173.52 0.51 4.38 172.43 Bruce 0.60 4.40 173.12 0.50 4.37 172.04 Putnam 0.60 4.40 173.12 0.50 4.37 172.04 Burford 0.60 4.40 173.12 0.50 4.37 172.04 Port Perry 0.60 4.40 173.12 0.50 4.37 172.04 Norfolk 0.60 4.40 173.12 0.50 4.37 172.04 Palmerston 0.64 4.44 174.70 0.50 4.37 172.04 Varna 0.65 4.45 175.09 0.55 4.42 174.01 Trenton 0.75 4.55 179.03 0.70 4.57 179.91 Winchester 0.85 4.65 182.96 0.85 4.72 185.82 North Gower 0.75 4.55 179.03 0.75 4.62 181.88 Huron FOB 0.75 4.55 179.03 0.55 4.42 174.01 Kent FOB 0.80 4.60 181.00 0.60 4.47 175.98 Lamb FOB 0.80 4.60 181.00 0.60 4.47 175.98 Mdsx FOB 0.65 0.65N/A N/A 4.45 175.09 0.55 4.42 174.01 FOB SW Que 0.92 4.72 185.72N/A Track 1.10 4.90 192.81N/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 0.95 0.95 1.00 1.05 4.75 186.90 0.80 4.67 183.85 Sarn-Eth 1.00 1.00 1.05N/A 4.80 188.87N/A Kawartha N/A N/A N/A N/A 0.95 4.82 189.76 London-Ing N/A N/A N/A 1.22 0.92 4.79 188.57 Pt.Colb-Ing 1.20N/A 1.25 1.30 5.00 196.74N/A Cardnl-Ing N/A N/A N/A N/A 1.00 4.87 191.72 W O Feed 1.19 4.99 196.35 US Rep 1.30 5.10 200.68 Toledo El. -0.01 3.78 149.00 -0.25 3.62 142.34 MID SD CRN 0.52 1/2 4.39 1/2 HI SD CRN 0.55 4.42 *Wet Bid