FARM MARKET NEWS - CORN REPORT FOR Tue, May 16

FARM MARKET NEWS - CORN REPORT FOR Tue, May 16 Exchange rate was 1.3574 down 0.0070 Chicago corn closed steady to slightly higher. JUL17 HI 3.68 3/4 DEC17 HI 3.86 1/2 LOW 3.65 1/4 LOW 3.82 3/4 CLOSE3.67 3/4 Unchanged CLOSE 3.85 1/2 Up 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL17+SEP17+SEP17 CK Low 0.70 4.38 172.33 0.90 4.76 187.20 CK High 0.80 4.48 176.27 0.95 4.81 189.16 CK Avg 0.75 -0.42 4.43 174.30 0.94 -0.32 4.80 188.84 Essex Cty 0.50 4.18 164.46 0.95 4.81 189.16 Mdsx Low 0.75 4.43 174.30 0.95 4.81 189.16 Mdsx High 0.75 4.43 174.30 0.95 4.81 189.16 Mdsx Avg 0.75 -0.42 4.43 174.30 0.95 -0.32 4.81 189.16 Hensall 0.78 4.45 175.29 0.95 4.81 189.16 Bruce 0.80 4.48 176.27 1.00 4.86 191.13 Putnam 0.75 4.43 174.30 0.90 4.76 187.20 Burford 0.75 4.43 174.30 1.00 4.86 191.13 Port Perry 1.00 4.68 184.15 1.00 4.86 191.13 Norfolk 0.85 4.53 178.24 1.00 4.86 191.13 Palmerston 0.75 4.43 174.30 0.95 4.81 189.16 Varna 0.80 4.48 176.27 0.95 4.81 189.16 Trenton 1.15 4.83 190.05 1.00 4.86 191.13 Winchester 1.15 4.83 190.05 1.20 5.06 199.01 North Gower 1.15 4.83 190.05 1.17 5.03 197.83 Huron FOB 1.15 4.83 190.05 1.00 4.86 191.13 Kent FOB 1.05 4.73 186.11 0.90 4.76 187.20 Lamb FOB 1.05 4.73 186.11 0.90 4.76 187.20 Mdsx FOB 1.00 1.00 1.00N/A 4.68 184.15 0.95 4.81 189.16 FOB SW Que 1.37 5.05 198.71N/A Track 1.27 4.94 194.58N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.25 5.11 200.97 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A N/A 1.35 1.10 4.96 195.07 Sarn-Eth 1.25 1.25 1.25 1.30 4.93 193.99N/A Kawartha N/A N/A N/A N/A 1.35 5.21 204.91 London-Ing N/A N/A N/A 1.40 1.20 5.06 199.01 Pt.Colb-Ing N/A N/A N/A N/A 1.20 5.06 199.01 Cardnl-Ing N/A N/A N/A 1.60 1.36 5.22 205.31 W O Feed 1.49 5.17 203.59 US Rep 1.78 5.46 214.85 Toledo El. -0.15 3.53 138.90 -0.34 3.52 138.40 TRANSFER Sarnia 0.65 4.33 170.37 0.95 4.81189 1/6 MID SD CRN 0.92 1/2 4.78 HI SD CRN 0.95 4.80 1/2 *Wet Bid