FARM MARKET NEWS - CORN REPORT FOR Wed, May 11

FARM MARKET NEWS - CORN REPORT FOR Wed, May 11 Bank of Canada Noon exchange rate was 1.2836 down 0.0123 Chicago corn closed slightly lower. JUL16 HI 3.83 1/4 DEC16 HI 3.89 3/4 LOW 3.75 1/4 LOW 3.82 1/4 CLOSE3.77 1/2 Down 3 1/2 CLOSE 3.85 1/2 Down 2 1/4 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 0.65 4.43 174.20 0.55 4.41 173.42 CK High 0.70 4.48 176.17 0.60 4.46 175.39 CK Avg 0.69 -0.30 4.47 175.84 0.56 -0.42 4.42 173.88 Essex Cty 0.65 4.43 174.20 0.60 4.46 175.39 Mdsx Low 0.70 4.48 176.17 0.55 4.41 173.42 Mdsx High 0.70 4.48 176.17 0.55 4.41 173.42 Mdsx Avg 0.70 -0.29 4.48 176.17 0.55 -0.42 4.41 173.42 Hensall 0.70 4.48 176.17 0.56 4.42 173.81 Bruce 0.65 4.43 174.20 0.50 4.36 171.45 Putnam 0.70 4.48 176.17 0.55 4.41 173.42 Burford 0.70 4.48 176.17 0.55 4.41 173.42 Port Perry 0.75 4.53 178.14 0.60 4.46 175.39 Norfolk 0.70 4.48 176.17 0.57 4.43 174.20 Palmerston 0.65 4.43 174.20 0.60 4.46 175.39 Varna 0.70 4.48 176.17 0.55 4.41 173.42 Trenton 0.80 4.58 180.11 0.75 4.61 181.29 Winchester 0.85 4.63 182.08 0.85 4.71 185.23 North Gower 0.77 4.55 178.93 0.80 4.66 183.26 Huron FOB 0.83 4.61 181.29 0.58 4.44 174.60 Kent FOB 0.90 4.68 184.05 0.67 4.53 178.14 Lamb FOB 0.90 4.68 184.05 0.65 4.51 177.35 Mdsx FOB 0.85 0.85N/A N/A 4.63 182.08 0.60 4.46 175.39 FOB SW Que 1.03 4.81 189.16N/A Track 1.18 4.95 194.87N/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 1.10 1.15 1.15 1.15 4.88 191.92 0.90 4.76 187.20 Sarn-Eth 1.10 1.15 1.20N/A 4.88 191.92N/A Kawartha N/A N/A N/A N/A 0.95 4.81 189.16 London-Ing N/A N/A N/A 1.25 0.87 4.73 186.02 Pt.Colb-Ing 1.20 1.10 1.25 1.30 4.98 195.86N/A Cardnl-Ing N/A N/A N/A 1.25 0.95 4.81 189.16 W O Feed 1.24 5.02 197.59 US Rep 1.39 5.17 203.34 Toledo El. -0.01 3.76 148.11 -0.26 3.60 141.65 MID SD CRN 0.57 1/2 4.43 HI SD CRN 0.60 4.45 1/2 *Wet Bid