Weekly Crop Market Review - December 22, 2006

The next weekly will be published on Friday, January 5, 2007
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Dec 22/2006
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR07     166.00     162.00     165.60      +1.60
        -SASK  MAY07     172.00        N/A     172.00      +1.60
        -SASK  JUL07        N/A        N/A     175.10      +2.60
BARLEY  -LETH  MAR07     180.50     175.50     180.00      +3.90
        -LETH  MAY07     187.80     183.00     187.80      +2.50
        -LETH  JUL07     190.40        N/A     190.90      +2.80
CANOLA  -SASK  JAN07     369.00     350.00     368.80     +12.60
        -SASK  MAR07     378.90     360.50     378.20     +11.20
        -SASK  MAY07     385.90     368.70     385.80     +10.70

U.S. FUTURES (U.S. $/BUSHEL) as of Dec 22/2006
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR07   5.15       4.81 1/2   5.14      +0.19 3/4
        -CBT   MAY07   5.18       4.89 1/2   5.17 1/2  +0.16 1/2
WHEAT   -MINN  MAR07   5.18       4.97 1/2   5.18      +0.07
        -MINN  MAY07   5.27       5.08       5.26 1/2  +0.07 1/2
WHEAT   -KANS  MAR07   5.18 3/4   4.98       5.18      +0.08 1/4
        -KANS  MAY07   5.24       5.04 1/2   5.22      +0.09
CORN    -CBT   MAR07   3.84 1/4   3.62       3.84      +0.15
        -CBT   MAY07   3.91 3/4   3.70 1/4   3.91 1/2  +0.14 1/2
OATS    -CBT   MAR07   2.75       2.55 1/2   2.74      +0.08 1/4
        -CBT   MAY07   2.79 1/2   2.65       2.79 1/2  +0.08
SOYBEAN -CBT   JAN07   6.60       6.43       6.59 1/2  +0.02
        -CBT   MAR07   6.75       6.57 1/2   6.74 1/4  +0.02
        -CBT   MAY07   6.88       6.70 1/2   6.87 1/2  +0.01 3/4
SOYOIL  -CBT   JAN07      28.44      27.65      28.42      +0.27
(¢/lb)  -CBT   MAR07      28.92      28.10      28.84      +0.25
SOYMEAL -CBT   JAN07     187.50     183.00     186.90      +0.20
($/ton) -CBT   MAR07     191.70     187.10     190.90      +0.20

FEEDMILL BIDS on Dec 18/2006 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           157.00-166.00    155.00-165.00
      -REDDEER        152.00-158.00    152.50-158.00
      -EDMTN          110.20-150.00    110.20-150.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          134.10-160.00    134.10-141.50
BARLEY-LETH           155.00-162.00    154.00-164.00
      -MH/BRKS        114.80-157.50    114.80-157.50
      -CALGARY        140.10-153.00    140.10-152.00
      -REDDEER        138.00-150.00    142.40-150.00
      -VERM           137.80-142.40    137.80-149.30
      -EDMTN          101.00-138.00    101.00-148.00
      -PEACE R        135.50-140.10    133.20-137.80
CANOLA CRUSHER on Dec 21/2006
      -Meal (FOB)        148.77           147.23
      -Seed (DEL)        350.70           354.07

ELEVATOR BIDS, RED DEER, on Dec 22/2006 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                    133.23           140.66
OATS                     148.09           147.96
BARLEY                   142.56           151.82
RYE                      108.50           108.50
FLAXSEED                    .00              .00
CANOLA                   348.92           332.47

SPECIAL CROP CASH BIDS on Dec 21/2006
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           170.49      4.64      3.54
     FEED                         124.01      3.38      2.88
     LARGE YELLOW #2 OR BETTER    178.03      4.85      3.30
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 320.77      0.15      0.11
         #1 ESTON                 305.89      0.14      0.12
 MUSTARD #1 YELLOW                442.80      0.20      0.12
         #1 BROWN                 358.25      0.16      0.11
         #1 ORIENTAL              310.52      0.14      0.11

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 21/2006
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    269.45   273.00   249.48   239.94     +4.0%
      -CWB #1CWRS VANC*     267.64   270.88   256.12   245.65     +4.3%
      -#1DNS GREAT FALLS    202.90   204.82   188.42   170.56    +10.5%
      -#1DNS PORTLAND       247.25   246.94   233.73   216.56     +7.9%
CORN  -#2 CHICAGO           159.29   156.44   123.19    92.56    +33.1%
BARLEY-#2 PORTLAND            N/A      N/A      N/A    131.72     N/A
      -#2FD GREAT FALLS     101.87   102.09    87.48    78.26    +11.8%
      -#2 STOCKTON            N/A      N/A    177.71   147.09    +20.8%
SOYBNS-#1 ILLINOIS          273.88   280.86   246.79   245.42     +0.6%
EXCH RATE Dec 21/2006: US$ in CANADA$ 1.1552  CANADA$ IN US$ 0.8657
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 17/2006
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #20   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)     N/A      N/A     3,505.0   -100.0%    +37.8%
 DURUM              N/A      N/A     1,521.1   -100.0%     -6.5%
 BARLEY             N/A      N/A     1,293.5   -100.0%    -46.1%
 OATS               N/A      N/A       403.8   -100.0%     +6.3%
 PEAS               N/A      N/A     1,021.0   -100.0%    -26.0%
 FLAXSEED           N/A      N/A       214.7   -100.0%    +21.1%
 CANOLA-EXPORTS     N/A      N/A     1,947.8   -100.0%     -0.2%
 CANOLA-CRUSH       71.2   1,318.4   1,262.0     +4.5%     +5.2%
U.S. EXPORTS ('000 TONNES) as of Dec 14/2006
 WHEAT             311.5  12,263.7  15,301.6    -19.9%    -10.8%
 BARLEY             22.1     212.5     399.9    -46.9%    -10.7%
 CORN             1020.3  16,565.4  13,797.8    +20.1%     +2.5%
 SOYBEANS          647.0  11,899.9   9,760.6    +21.9%    +20.9%
NOPA SOYBEAN Month Ending: Oct 31/2006
 SOYBEAN CRUSH    4217.9   7,955.1   7,564.8     +5.2%     +2.4%
* From Canadian Grain Commission Calendar