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FARM MARKET NEWS - CORN REPORT FOR Wed, August 24
Bank of Canada Noon exchange rate was 1.294 up 0.0038
Chicago corn closed slightly lower.

      SEP16   HI 3.30  1/2                    DEC16    HI 3.39  1/2
             LOW 3.25  1/2                            LOW 3.34  1/2
            CLOSE3.27  1/2  Down 1                  CLOSE 3.36  1/4  Down 1

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +DEC16+DEC16+DEC16
CK Low       1.15                        4.43 174.20  0.85         4.21 165.84
CK High      1.15                        4.43 174.20  0.85         4.21 165.84
CK Avg       1.15                   0.15 4.43 174.20  0.85 -0.10   4.21 165.84
Essex Cty    1.15                        4.43 174.20  0.85         4.21 165.84
Mdsx Low     1.15                        4.43 174.20  0.85         4.21 165.84
Mdsx High    1.15                        4.43 174.20  0.90         4.26 167.81
Mdsx Avg     1.15                   0.15 4.43 174.20  0.88 -0.08   4.24 166.82
Hensall      1.15                        4.43 174.20  0.90         4.26 167.81
Bruce        1.15                        4.43 174.20  0.90         4.26 167.81
Putnam       1.15                        4.43 174.20  0.85         4.21 165.84
Burford      1.15                        4.43 174.20  0.85         4.21 165.84
Port Perry   1.15                        4.43 174.20  0.85         4.21 165.84
Norfolk      1.15                        4.43 174.20  0.90         4.26 167.81
Palmerston   1.15                        4.43 174.20  0.85         4.21 165.84
Varna        1.15                        4.43 174.20  0.90         4.26 167.81
Trenton      1.20                        4.48 176.17  0.90         4.26 167.81
Winchester   1.25                        4.53 178.14  1.10         4.46 175.68
North Gower  1.27                        4.55 178.93  1.05         4.41 173.71
Huron FOB    1.30                        4.58 180.11  0.90         4.26 167.81
Kent FOB     1.30                        4.58 180.11  0.85         4.21 165.84
Lamb FOB     1.30                        4.58 180.11  0.85         4.21 165.84
Mdsx FOB     1.25N/A   N/A   N/A         4.53 178.14  0.90         4.26 167.81
FOB SW Que   1.70                        4.98 195.86N/A
Track        1.62                        4.89 192.51N/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  N/A  N/A   N/A     1.00                   1.00         4.36 171.74
Sarn-Eth     1.50  1.50  1.15N/A         4.78 187.98  1.15         4.51 177.65
Kawartha    N/A  N/A   N/A   N/A                    N/A
London-Ing  N/A    1.42  1.49  1.00                   1.00         4.36 171.74
Pt.Colb-Ing N/A  N/A     1.68  1.05                   1.05         4.41 173.71
Cardnl-Ing  N/A  N/A     1.35  1.15                   1.15         4.51 177.65
W O Feed     1.73                        5.01 197.04

US Rep       1.77                        5.05 198.61
Toledo El.   0.09                        3.37 132.50 -0.26         3.10 122.21


MID SD CRN                                            0.85         4.21 1/4
HI SD CRN                                             0.85         4.21 1/4
*Wet Bid

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