Buenos Aires, January 18th., 2016

1 US Dollar = AR $13.46 Pesos / 1 US Dollar = R$4.03 Reales

WHEAT

ARGENTINE

Upriver (280/78/12 pro)

Spot Seller usd 195

FEB Seller usd 195

Upriver (280/78/11,5 pro)

FEB Seller usd 178

MCH Seller usd 178

LOW PRO WHEAT FOB NECO/BBCA/UPR (220/76/10,5 pro)

Spot/FEB Seller usd 160

MCH Seller usd 160

FEED BARLEY

BBCA

FEB(30kmt) Seller usd 169

NECOCHEA

FEB(20/30kmt) Seller usd 169

MAIZE

ARGENTINE

Upriver

Spot/FEB Seller +55cH

NEW CROP 2015/2016

Upriver

MCH Seller +50cK

APR Seller +45cK

MAY Seller +45cK

JUN Seller +37/35cN

JUL Seller +30cN

Necochea Topoff

JUL Seller +45cN

SOYBEANS

Current export tax 30%

NEW CROP 2015/2016

ABR/ABR-15 ARG/URU + NECO/BB Seller +4sN

MAY ARG/URU + NECO/BB Seller +1sN

JUN ARG/URU + NECO/BB Seller +7sN

PARAGUAYAN NEW CROP 2015/2016 (FOBST NPA)

FEB15/29 Seller +77sH

MCH Seller +55sH

APR Seller +45sK

MAY Seller +45sK

JUN/JUL Seller +45sN