Weekly Crop Market Review - February 02, 2007

The next weekly will be published on Friday, February 09, 2007
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 02/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR07     166.00        N/A     163.00      -3.00
        -SASK  MAY07     171.50     169.00     170.00      -2.50
        -SASK  JUL07     172.00        N/A     173.00      -1.00
BARLEY  -LETH  MAR07     179.50     175.00     175.00      -3.50
        -LETH  MAY07     190.90     183.00     184.00      -3.90
        -LETH  JUL07     194.00     189.00     191.00      -1.00
CANOLA  -SASK  MAR07     385.00     367.60     384.40     +10.00
        -SASK  MAY07     394.50     377.50     393.60     +11.00
        -SASK  JUL07     402.40     384.60     401.60     +12.70

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 02/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR07   4.72       4.53 1/2   4.61 1/4  -0.02 1/4
        -CBT   MAY07   4.85       4.67       4.75 3/4  -0.02 1/4
WHEAT   -MINN  MAR07   5.00       4.85       4.93 1/2  +0.00
        -MINN  MAY07   5.19 1/4   4.95       5.04      +0.00 1/2
WHEAT   -KANS  MAR07   4.94 1/2   4.74       4.87      -0.01
        -KANS  MAY07   5.03 1/2   4.83       4.97 1/2  -0.00 1/2
CORN    -CBT   MAR07   4.09 1/4   3.95       4.02      -0.03 1/2
        -CBT   MAY07   4.21       4.07       4.14 3/4  -0.02 3/4
OATS    -CBT   MAR07   2.63 1/2   2.52       2.58      -0.04 1/4
        -CBT   MAY07   2.72       2.61       2.65      -0.06 1/2
SOYBEAN -CBT   MAR07   7.38       7.05       7.36 3/4  +0.26 1/4
        -CBT   MAY07   7.53       7.20       7.52 1/2  +0.26 1/4
        -CBT   JUL07   7.66 1/2   7.34       7.65 1/2  +0.25 3/4
SOYOIL  -CBT   MAR07      30.55      28.68      30.37      +1.37
(¢/lb)  -CBT   MAY07      31.03      29.14      30.83      +1.35
SOYMEAL -CBT   MAR07     213.00     204.20     212.70      +6.90
($/ton) -CBT   MAY07     217.00     209.20     216.90      +5.90

FEEDMILL BIDS on Jan 29/2007 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           158.00-165.00    158.00-165.00
      -REDDEER        150.70-159.00    150.70-159.00
      -EDMTN          110.20-152.00    110.20-152.00
OATS  -EDMTN          129.70-140.00         N/A
PEAS - EDMTN          134.10-160.00    134.10-160.00
BARLEY-LETH           158.00-168.00    158.00-168.00
      -MH/BRKS        121.70-167.00    119.40-162.00
      -CALGARY        140.10-159.00    140.10-158.00
      -REDDEER        142.40-150.00    140.10-150.00
      -VERM           137.80-142.40    137.80-142.40
      -EDMTN          110.20-142.00    110.20-142.00
      -PEACE R        142.40-144.70    140.10-142.40
CANOLA CRUSHER on Feb 01/2007
      -Meal (FOB)        173.17           174.00
      -Seed (DEL)        364.33           366.20

ELEVATOR BIDS, RED DEER, on Feb 02/2007 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                    139.33           139.69
OATS                     150.52           156.35
BARLEY                   144.41           145.46
RYE                      118.50           108.50
FLAXSEED                    .00              .00
CANOLA                   371.04           349.06

SPECIAL CROP CASH BIDS on Feb 01/2007
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           196.21      5.34      3.34
     FEED                         139.63      3.80      2.93
     LARGE YELLOW #2 OR BETTER    203.93      5.55      3.32
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 326.28      0.15      0.10
         #1 ESTON                 305.34      0.14      0.12
 MUSTARD #1 YELLOW                464.84      0.21      0.12
         #1 BROWN                 396.83      0.18      0.11
         #1 ORIENTAL              321.54      0.15      0.11

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 01/2007
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    272.40   273.05   254.36   239.94     +6.0%
      -CWB #1CWRS VANC*       N/A    274.19   261.51   245.65     +6.5%
      -#1DNS GREAT FALLS    204.87   205.08   192.08   170.56    +12.6%
      -#1DNS PORTLAND       247.32   250.71   237.01   216.56     +9.4%
CORN  -#2 CHICAGO           174.26   180.63   133.68    92.56    +44.4%
BARLEY-#2 PORTLAND            N/A      N/A      N/A    131.72     N/A
      -#2FD GREAT FALLS     175.42   175.97   133.48    83.13    +60.6%
      -#2 STOCKTON          241.17   244.53   184.22   147.09    +25.2%
SOYBNS-#1 ILLINOIS          303.84   300.56   257.10   245.42     +4.8%
EXCH RATE Feb 01/2007: US$ in CANADA$ 1.1788  CANADA$ IN US$ 0.8483
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 28/2007
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #26   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    229.1   6,868.5   4,473.8    +53.5%    +37.8%
 DURUM              26.5   2,419.0   1,920.9    +25.9%     -6.5%
 BARLEY               .3     674.3   1,632.0    -58.7%    -46.1%
 OATS               43.5   1,031.6     567.2    +81.9%     +6.3%
 PEAS                7.2     905.9   1,092.7    -17.1%    -26.0%
 FLAXSEED            7.0     322.5     231.7    +39.2%    +21.1%
 CANOLA-EXPORTS    150.8   2,817.0   2,423.0    +16.3%     -0.2%
 CANOLA-CRUSH       67.4   1,716.0   1,650.8     +3.9%     +5.2%
U.S. EXPORTS ('000 TONNES) as of Jan 25/2007
 WHEAT             454.0  15,116.3  18,397.9    -17.8%    -13.3%
 BARLEY             N/A      250.8     400.2    -37.3%    -10.7%
 CORN              911.5  22,270.7  18,852.6    +18.1%     +4.8%
 SOYBEANS         1021.9  16,572.4  13,276.6    +24.8%    +18.3%
NOPA SOYBEAN Month Ending: Dec 31/2006
 SOYBEAN CRUSH    4059.5  16,047.9  15,380.4     +4.3%     +2.4%
* From Canadian Grain Commission Calendar