Argentina, Brazil grain export prices March 22, 2013 March 23, 2016

WHEAT

ARGENTINE

Upriver (280/78/12 pro)

MCH Seller usd 190

APR Seller usd 190

Upriver (280/78/11,5 pro)

MCH Seller usd 170

APR Seller usd 170

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

UPR

APR Seller usd 163

MAY Seller usd 164

JUN Seller usd 166

Necochea / Bahia Blanca

MCH Seller usd 164

APR Seller usd 164

FEED BARLEY

BBCA

MCH(30kmt) Seller usd 155

APR(30kmt) Seller usd 155

NECOCHEA

MCH(20/30kmt) Seller usd 155

APR(30kmt) Seller usd 155

MAIZE

ARGENTINE

NEW CROP 2015/2016

Upriver

APR No Sellers

15/APR No Sellers

MAY Seller +43cK

JUN Seller +30cN

JUL Seller +27cN

AUG Seller +23cU

SEP Seller +24cU

BAHIA BLANCA Topoff

APRIL Seller +66cK

MAY Seller +58cK

JUNE Seller +45cN

JULY Seller +42cN

AUG Seller +38cU

NECOCHEA Topoff

JULY Seller +40cN

BRAZILIAN CARGO MARKET

AUG Seller +45cU (Santos/Tuba) or Pgua -5c

SEP Seller +43cU (Santos) or Pgua -5c

OCT Seller +37cZ (Santos / Tuba) or Pgua -5c

NOV Seller +39cZ (Santos / Tuba) or Pgua -5c

DIC Seller +39cZ (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 +24sN (Prot basis 34% / min 33.5%)

ABR-15 ARG/URU + NECO/BB Seller +24sN (Prot basis 34% / min 33.5%)

MAY ARG/URU + NECO/BB Seller +12sN (Prot basis 33.5% / min 33%)

MAY-15 ARG/URU + NECO/BB Seller +12sN (Prot basis 33.5% / min 33%)

JUN ARG/URU + NECO/BB Seller +18sN (Prot basis 33.5% / min 33%)

JUL ARG/URU + NECO/BB Seller +18sN (Prot basis 33.5% / min 33%)

PARAGUAYAN NEW CROP 2015/2016 (FOBST NPA)

APR Seller +42sK

MAY Seller +40sK

JUN/JUL Seller +50sN