Weekly Crop Market Review - January 05, 2007

The next weekly will be published on Friday, January 12, 2007
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 05/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR07     164.00     161.00     161.00      -5.00
        -SASK  MAY07        N/A        N/A     167.00      -5.40
        -SASK  JUL07        N/A        N/A     170.50      -5.00
BARLEY  -LETH  MAR07     182.00     175.40     175.50      -4.40
        -LETH  MAY07     186.00     183.80     183.80      -3.50
        -LETH  JUL07     188.00     187.00     188.00      -2.40
CANOLA  -SASK  MAR07     384.10     364.80     368.40     -12.00
        -SASK  MAY07     390.00     374.00     376.80     -10.90
        -SASK  JUL07     395.80     380.00     384.20      -8.40

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 05/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR07   5.01       4.62 1/2   4.70 1/4  -0.30 3/4
        -CBT   MAY07   5.08       4.72 1/2   4.80      -0.28
WHEAT   -MINN  MAR07   5.05       4.82       4.87      -0.31 1/2
        -MINN  MAY07   5.13       4.92       4.95      -0.31
WHEAT   -KANS  MAR07   5.11       4.74       4.81 1/4  -0.28 1/2
        -KANS  MAY07   5.09       4.83       4.91 1/2  -0.25 1/2
CORN    -CBT   MAR07   3.90 1/4   3.59       3.68 1/4  -0.22
        -CBT   MAY07   3.98 1/2   3.69       3.77 3/4  -0.20 3/4
OATS    -CBT   MAR07   2.75       2.59       2.61 3/4  -0.09 1/4
        -CBT   MAY07   2.81       2.68 1/4   2.69 1/2  -0.07 1/2
SOYBEAN -CBT   MAR07   6.97 1/4   6.70 1/2   6.81 1/2  -0.15 3/4
        -CBT   MAY07   7.09 1/2   6.85       6.94 3/4  -0.14 3/4
        -CBT   JUL07   7.20 1/2   6.97       7.06 3/4  -0.13 3/4
SOYOIL  -CBT   MAR07      29.70      28.40      28.80      -0.90
(¢/lb)  -CBT   MAY07      30.14      28.90      29.27      -0.87
SOYMEAL -CBT   MAR07     196.90     191.70     195.90      -1.00
($/ton) -CBT   MAY07     199.80     195.30     199.20      -0.50

FEEDMILL BIDS on Jan 01/2007 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           157.00-165.00         N/A
      -REDDEER        150.70-158.00         N/A
      -EDMTN          110.20-150.00         N/A
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          134.10-156.20         N/A
BARLEY-LETH           156.00-168.00         N/A
      -MH/BRKS        114.80-160.00         N/A
      -CALGARY        140.10-155.00         N/A
      -REDDEER        140.10-150.00         N/A
      -VERM           137.80-142.40         N/A
      -EDMTN          101.00-148.00         N/A
      -PEACE R        137.80-140.10         N/A
CANOLA CRUSHER on Jan 04/2007
      -Meal (FOB)        152.50           155.83
      -Seed (DEL)        363.83           361.10

ELEVATOR BIDS, RED DEER, on Jan 05/2007 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                    135.03           130.43
OATS                     150.89           148.09
BARLEY                   147.13           142.46
RYE                      108.50           108.50
FLAXSEED                    .00              .00
CANOLA                   339.27           352.12

SPECIAL CROP CASH BIDS on Jan 04/2007
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           180.60      4.92      3.50
     FEED                         139.63      3.80      2.88
     LARGE YELLOW #2 OR BETTER    181.46      4.94      3.23
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 322.43      0.15      0.11
         #1 ESTON                 304.24      0.14      0.12
 MUSTARD #1 YELLOW                442.80      0.20      0.12
         #1 BROWN                 380.30      0.17      0.11
         #1 ORIENTAL              332.56      0.15      0.11

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 04/2007
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    272.00   276.20   251.62   239.94     +4.9%
      -CWB #1CWRS VANC*       N/A      N/A    256.12   245.65     +4.3%
      -#1DNS GREAT FALLS    198.99   207.17   189.70   170.56    +11.2%
      -#1DNS PORTLAND       242.47   250.65   234.84   216.56     +8.4%
CORN  -#2 CHICAGO           156.31   165.56   126.47    92.56    +36.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A    131.72     N/A
      -#2FD GREAT FALLS       N/A    153.46    90.48    78.26    +15.6%
      -#2 STOCKTON            N/A      N/A    177.71   147.09    +20.8%
SOYBNS-#1 ILLINOIS          285.29   285.28   250.14   245.42     +1.9%
EXCH RATE Jan 04/2007: US$ in CANADA$ 1.1773  CANADA$ IN US$ 0.8494
* #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)    239.7   5,671.6   3,505.0    +61.8%    +37.8%
 DURUM              92.5   1,963.7   1,521.1    +29.1%     -6.5%
 BARLEY             44.0     552.5   1,293.5    -57.3%    -46.1%
 OATS               43.5     880.0     403.8   +117.9%     +6.3%
 PEAS               N/A      782.8   1,021.0    -23.3%    -26.0%
 FLAXSEED           31.2     315.3     214.7    +46.9%    +21.1%
 CANOLA-EXPORTS     73.9   2,173.4   1,947.8    +11.6%     -0.2%
 CANOLA-CRUSH       71.2   1,318.4   1,262.0     +4.5%     +5.2%
U.S. EXPORTS ('000 TONNES) as of Dec 28/2006
 WHEAT             532.3  13,187.3  16,265.4    -18.9%    -10.8%
 BARLEY              7.8     225.8     399.9    -43.6%    -10.7%
 CORN              867.1  18,471.9  15,463.0    +19.5%     +2.5%
 SOYBEANS          524.2  13,342.4  10,798.1    +23.6%    +20.9%
NOPA SOYBEAN Month Ending: Nov 30/2006
 SOYBEAN CRUSH    4033.3  11,988.4  11,509.2     +4.2%     +2.4%
* From Canadian Grain Commission Calendar