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FARM MARKET NEWS - CORN REPORT FOR Wed, May 25
Bank of Canada Noon exchange rate was 1.309 down 0.0028
Chicago corn closed moderately higher.

      JUL16   HI 4.05                         DEC16    HI 4.08  3/4
             LOW 3.95  3/4                            LOW 4.01
            CLOSE4.04  3/4  Up 7 1/4                CLOSE 4.08  1/2  Up 5 3/4

            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       0.80                        4.85 190.84  0.70         4.79 188.38
CK High      0.85                        4.90 192.81  0.70         4.79 188.38
CK Avg       0.81                  -0.32 4.86 191.17  0.70 -0.42   4.79 188.38
Essex Cty    0.80                        4.85 190.84  0.70         4.79 188.38
Mdsx Low     0.80                        4.85 190.84  0.70         4.79 188.38
Mdsx High    0.80                        4.85 190.84  0.70         4.79 188.38
Mdsx Avg     0.80                  -0.33 4.85 190.84  0.70 -0.42   4.79 188.38
Hensall      0.83                        4.87 191.82  0.73         4.81 189.36
Bruce        0.80                        4.85 190.84  0.70         4.79 188.38
Putnam       0.80                        4.85 190.84  0.70         4.79 188.38
Burford      0.80                        4.85 190.84  0.70         4.79 188.38
Port Perry   0.80                        4.85 190.84  0.70         4.79 188.38
Norfolk      0.80                        4.85 190.84  0.70         4.79 188.38
Palmerston   0.80                        4.85 190.84  0.70         4.79 188.38
Varna        0.85                        4.90 192.81  0.70         4.79 188.38
Trenton      0.90                        4.95 194.77  0.80         4.89 192.31
Winchester   0.90                        4.95 194.77  0.90         4.99 196.25
North Gower  0.92                        4.97 195.56  0.85         4.94 194.28
Huron FOB    1.10                        5.15 202.65  0.75         4.84 190.35
Kent FOB     1.00                        5.05 198.71  0.80         4.89 192.31
Lamb FOB     1.05                        5.10 200.68  0.70         4.79 188.38
Mdsx FOB     0.95  0.95N/A   N/A         5.00 196.74  0.70         4.79 188.38
FOB SW Que   1.20                        5.25 206.58N/A
Track        1.34                        5.38 211.90N/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   1.15  1.20  1.25  1.30      5.20 204.62  0.95         5.04 198.22
Sarn-Eth    N/A  N/A     1.25  1.30                 N/A
Kawartha    N/A  N/A   N/A   N/A                      0.95         5.04 198.22
London-Ing  N/A  N/A   N/A     1.40                   1.00         5.09 200.19
Pt.Colb-Ing  1.35  1.35  1.40  1.45      5.40 212.49N/A
Cardnl-Ing  N/A  N/A   N/A     1.40                   1.00         5.09 200.19
W O Feed     1.44                        5.48 215.88

US Rep       1.59                        5.64 221.94
Toledo El.  -0.01                        4.03 158.83 -0.26         3.82 150.55


MID SD CRN                                            0.70         4.78 1/2
HI SD CRN                                             0.70         4.78 1/2
*Wet Bid

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