Weekly Crop Market Review - January 12, 2007

The next weekly will be published on Friday, January 19, 2007
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 12/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR07     167.50     160.50     167.00      +6.00
        -SASK  MAY07     173.00     167.90     173.00      +6.00
        -SASK  JUL07        N/A        N/A     176.50      +6.00
BARLEY  -LETH  MAR07     183.50     173.10     183.50      +8.00
        -LETH  MAY07     192.00     181.10     192.00      +8.20
        -LETH  JUL07     195.50     184.40     195.50      +7.50
CANOLA  -SASK  MAR07     389.70     363.60     386.00     +17.60
        -SASK  MAY07     396.50     371.80     394.50     +17.70
        -SASK  JUL07     400.90     378.60     398.60     +14.40

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 12/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR07   4.86 1/2   4.47 1/2   4.79 1/2  +0.09 1/4
        -CBT   MAY07   4.99 1/2   4.58 1/2   4.92      +0.12
WHEAT   -MINN  MAR07   5.12       4.69       5.07      +0.20
        -MINN  MAY07   5.21       4.78 1/4   5.16 1/2  +0.21 1/2
WHEAT   -KANS  MAR07   5.11       4.67       5.05 1/4  +0.24
        -KANS  MAY07   5.17 1/2   4.75 1/2   5.11      +0.19 1/2
CORN    -CBT   MAR07   3.96 1/2   3.52 1/2   3.96 1/2  +0.28 1/4
        -CBT   MAY07   4.07 1/2   3.62 1/2   4.07 1/2  +0.29 3/4
OATS    -CBT   MAR07   2.76 1/2   2.46       2.72 1/4  +0.10 1/2
        -CBT   MAY07   2.82 1/2   2.54 1/2   2.78 1/2  +0.09
SOYBEAN -CBT   MAR07   7.23 3/4   6.57       7.16 1/2  +0.35
        -CBT   MAY07   7.37       6.71 1/2   7.31 1/2  +0.36 3/4
        -CBT   JUL07   7.50       6.85       7.43      +0.36 1/4
SOYOIL  -CBT   MAR07      29.28      27.90      29.15      +0.35
(¢/lb)  -CBT   MAY07      29.70      28.35      29.52      +0.25
SOYMEAL -CBT   MAR07     212.50     189.00     209.60     +13.70
($/ton) -CBT   MAY07     216.00     193.00     213.60     +14.40

FEEDMILL BIDS on Jan 08/2007 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           159.00-165.00    157.00-165.00
      -REDDEER        150.70-158.00    150.70-158.00
      -EDMTN          110.20-150.00    110.20-150.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          134.10-156.20    134.10-156.20
BARLEY-LETH           157.00-168.00    156.00-168.00
      -MH/BRKS        119.40-160.00    114.80-160.00
      -CALGARY        140.10-156.00    140.10-155.00
      -REDDEER        140.10-150.00    140.10-150.00
      -VERM           137.80-142.40    137.80-142.40
      -EDMTN          110.20-148.00    101.00-148.00
      -PEACE R        137.80-140.10    137.80-140.10
CANOLA CRUSHER on Jan 11/2007
      -Meal (FOB)        153.13           152.50
      -Seed (DEL)        355.10           363.83

ELEVATOR BIDS, RED DEER, on Jan 12/2007 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                    144.98           135.03
OATS                     150.24           150.89
BARLEY                   155.39           147.13
RYE                      108.50           108.50
FLAXSEED                    .00              .00
CANOLA                   369.42           339.27

SPECIAL CROP CASH BIDS on Jan 11/2007
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           180.23      4.90      3.50
     FEED                         139.63      3.80      2.88
     LARGE YELLOW #2 OR BETTER    187.02      5.09      3.37
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 324.08      0.15      0.11
         #1 ESTON                 303.68      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 $/TONNE) as of Jan 11/2007
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    261.35   272.00   252.02   239.94     +5.0%
      -CWB #1CWRS VANC*     260.74     N/A    256.89   245.65     +4.6%
      -#1DNS GREAT FALLS    207.52   198.99   190.44   170.56    +11.7%
      -#1DNS PORTLAND       250.97   242.47   235.51   216.56     +8.7%
CORN  -#2 CHICAGO           164.44   156.31   128.06    92.56    +38.3%
BARLEY-#2 PORTLAND            N/A      N/A      N/A    131.72     N/A
      -#2FD GREAT FALLS     171.85   177.79   127.77    83.13    +53.7%
      -#2 STOCKTON            N/A      N/A    177.71   147.09    +20.8%
SOYBNS-#1 ILLINOIS          285.01   285.29   251.59   245.42     +2.5%
EXCH RATE Jan 11/2007: US$ in CANADA$ 1.1766  CANADA$ IN US$ 0.8499
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 07/2007
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #23   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    105.0   6,317.7   3,976.7    +58.9%    +37.8%
 DURUM              66.6   2,248.8   1,656.2    +35.8%     -6.5%
 BARLEY             25.2     626.3   1,327.5    -52.8%    -46.1%
 OATS               28.9     942.1     494.4    +90.6%     +6.3%
 PEAS               40.4     887.5   1,045.7    -15.1%    -26.0%
 FLAXSEED             .1     308.7     220.8    +39.8%    +21.1%
 CANOLA-EXPORTS    123.3   2,403.5   2,164.9    +11.0%     -0.2%
 CANOLA-CRUSH       62.6   1,524.0   1,463.4     +4.1%     +5.2%
U.S. EXPORTS ('000 TONNES) as of Jan 04/2007
 WHEAT             289.2  13,487.3  16,882.2    -20.1%    -10.8%
 BARLEY               .3     226.3     399.9    -43.4%    -10.7%
 CORN              559.1  19,180.3  16,231.1    +18.2%     +2.5%
 SOYBEANS          327.6  13,741.6  11,351.3    +21.1%    +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