Argentina, Brazil grain export prices February 25, 2016 Feb. 25, 2016

WHEAT

ARGENTINE

Upriver (280/78/12 pro)

Spot Seller usd 195

MCH Seller usd 195

APR Seller usd 200

Upriver (280/78/11,5 pro)

FEB Seller usd 167/65

MCH Seller usd 167/65

Upriver (280/76/11 pro)

MCH Seller usd 164

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

MCH Seller usd 160/58 (Panamax size usd163)

APR Seller usd 160/58 (Panamax size usd163)

FEED BARLEY

BBCA

MCH(30kmt) Seller usd 163

NECOCHEA

MCH(20/30kmt) Seller usd 164

MAIZE

ARGENTINE

NEW CROP 2015/2016

Upriver

MCH Seller +52/50cK

15/MCH Seller +50cK

APR Seller +48cK

MAY Seller +48cK

JUN Seller +40cN

JUL Seller +37cN

AUG Seller +30cU

SEP Seller +32cU

BAHIA BLANCA Topoff

MCH Seller +60cK

MCH /APRIL Seller +60cK

JUNE Seller +58cN

JULY Seller +58cN

AUG Seller +50cU

NECOCHEA Topoff

MCH / APRIL Seller +58cK

JULY Seller +51/50cN

PARAGUAYAN

AUG Seller +26cU

SEP Seller +28cU

OCT Seller +30cU

BRAZILIAN CARGO MARKET

AUG Seller +50cU (Santos) or Pgua -5c

LH AUG Seller +48cU (Santos/Tuba)

SEP Seller +47cU (Santos) or Pgua -5c

LH SEP Seller +45cU (Santos / Tuba / Frisco)

OCT Seller +40cZ (Santos / Tuba) or Pgua -5c

NOV Seller +40cZ (Santos / Tuba) or Pgua -5c

DIC Seller +40cZ (Santos / Tuba) or Pgua -5c

(IF ITAQUI / BARCARENA 5cts DISCOUNT)

SOYBEANS

Current export tax 30%

NEW CROP 2015/2016

ABR ARG/URU + NECO/BB Seller + 8 sN

ABR-15 ARG/URU + NECO/BB Seller + 5 sN

MAY ARG/URU + NECO/BB Seller + 5 sN

JUN ARG/URU + NECO/BB Seller + 10 sN

PARAGUAYAN NEW CROP 2015/2016 (FOBST NPA)

20 /FEB Seller +55sh

MCH Seller +45sH

15/MCH Seller +42sK

APR Seller +43 sK

MAY Seller +45sK

JUN/JUL Seller +48 sN