FARM MARKET NEWS - CORN REPORT FOR Thu, January 12

FARM MARKET NEWS - CORN REPORT FOR Thu, January 12 Bank of Canada Noon exchange rate was 1.313 down 0.0102 Chicago corn closed slightly higher. MAR17 HI 3.60 DEC17 HI 3.88 1/2 LOW 3.53 LOW 3.81 1/2 CLOSE3.58 1/4 Up 1 CLOSE 3.86 Up 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR17+MAY17+MAY17 CK Low 0.65 4.23 166.63 0.75 4.61 181.49 CK High 0.70 4.28 168.59 0.85 4.71 185.42 CK Avg 0.66 -0.35 4.24 166.95 0.78 -0.32 4.64 182.80 Essex Cty 0.55 4.13 162.69 0.85 4.71 185.42 Mdsx Low 0.65 4.23 166.63 0.75 4.61 181.49 Mdsx High 0.65 4.23 166.63 0.80 4.66 183.46 Mdsx Avg 0.65 -0.36 4.23 166.63 0.78 -0.32 4.64 182.47 Hensall 0.68 4.26 167.61 0.80 4.66 183.46 Bruce 0.70 4.28 168.59 0.85 4.71 185.42 Putnam 0.70 4.28 168.59 0.85 4.71 185.42 Burford 0.65 4.23 166.63 0.75 4.61 181.49 Port Perry 1.10 4.68 184.34 0.85 4.71 185.42 Norfolk 0.75 4.33 170.56 0.75 4.61 181.49 Palmerston 0.75 4.33 170.56 0.90 4.76 187.39 Varna 0.70 4.28 168.59 0.80 4.66 183.46 Trenton 1.20 4.78 188.28 0.85 4.71 185.42 Winchester 1.20 4.78 188.28 1.15 5.01 197.23 North Gower 1.10 4.68 184.34 1.10 4.96 195.27 Huron FOB 0.97 4.55 179.22 0.90 4.76 187.39 Kent FOB 1.00 4.58 180.41 0.75 4.61 181.49 Lamb FOB 1.05 4.63 182.37 0.85 4.71 185.42 Mdsx FOB 0.85 0.85N/A N/A 4.43 174.50 0.75 4.61 181.49 FOB SW Que 1.18 4.76 187.49N/A Track 1.34 4.92 193.79N/A PROCESSORS Chat-Eth 1.21 1.27 1.27 1.33 4.79 188.67 1.05 4.91 193.30 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A N/A 1.30 1.05 4.91 193.30 Sarn-Eth 1.20 1.25 1.25N/A 4.78 188.28N/A Kawartha N/A N/A N/A N/A N/A London-Ing N/A N/A N/A 1.35 1.05 4.91 193.30 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A 1.53 1.10 4.96 195.27 W O Feed 1.51 5.09 200.33 US Rep 1.66 5.24 206.39 Toledo El. -0.10 3.48 136.91 -0.33 3.53 139.07 TRANSFER Sarnia 1.00 4.58 180.41 0.95 4.81189 1/3 MID SD CRN 0.67 1/2 4.25 3/4 HI SD CRN 0.70 4.28 1/4 *Wet Bid