Weekly Crop Market Review - February 16, 2007

The next weekly will be published on Friday, February 23, 2007
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 16/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR07     161.00     158.30     160.00      -1.50
        -SASK  MAY07     168.00     166.00     166.30      -2.70
        -SASK  JUL07     171.00     171.00     171.00      -2.10
BARLEY  -LETH  MAR07     178.00     174.90     178.00      +2.80
        -LETH  MAY07     188.00     184.50     187.50      +2.50
        -LETH  JUL07     195.90     192.80     195.90      +3.40
CANOLA  -SASK  MAR07     379.40     371.80     373.00      -5.80
        -SASK  MAY07     390.00     382.50     383.70      -5.80
        -SASK  JUL07     398.30     390.80     392.30      -4.50

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 16/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR07   4.70 1/2   4.48       4.68      +0.07 3/4
        -CBT   MAY07   4.84       4.61 1/2   4.81      +0.05 1/4
WHEAT   -MINN  MAR07   5.06       4.88 1/2   5.05      +0.08 1/2
        -MINN  MAY07   5.15       4.95       5.15      +0.09 1/2
WHEAT   -KANS  MAR07   4.98 1/2   4.75       4.95 1/2  +0.10 1/2
        -KANS  MAY07   5.08       4.85       5.07 3/4  +0.12 1/4
CORN    -CBT   MAR07   4.18       4.03       4.17      +0.10 3/4
        -CBT   MAY07   4.30       4.14 3/4   4.29 1/2  +0.11 1/2
OATS    -CBT   MAR07   2.51 1/4   2.37 1/2   2.42 1/2  -0.08
        -CBT   MAY07   2.60       2.46       2.49 1/2  -0.08 3/4
SOYBEAN -CBT   MAR07   7.68       7.41 1/4   7.67      +0.17 3/4
        -CBT   MAY07   7.83 3/4   7.57       7.82 1/2  +0.17
        -CBT   JUL07   7.97       7.70 1/2   7.95 1/4  +0.16 3/4
SOYOIL  -CBT   MAR07      30.21      29.59      29.91      -0.43
(¢/lb)  -CBT   MAY07      30.62      30.10      30.37      -0.49
SOYMEAL -CBT   MAR07     227.50     216.60     227.30      +9.40
($/ton) -CBT   MAY07     232.80     221.40     232.30      +9.20

FEEDMILL BIDS on Feb 12/2007 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           159.00-173.00    158.00-173.00
      -REDDEER        152.50-159.00    152.50-159.00
      -EDMTN          110.20-156.00    110.20-152.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          134.10-160.00    134.10-160.00
BARLEY-LETH           160.00-165.00    160.00-165.00
      -MH/BRKS        157.00-165.00    121.70-165.00
      -CALGARY        140.10-159.00    140.10-159.00
      -REDDEER        149.30-156.00    148.00-150.00
      -VERM           142.40-144.70    142.40-144.70
      -EDMTN          128.60-154.00    114.80-142.00
      -PEACE R        142.40-144.70    142.40-144.70
CANOLA CRUSHER on Feb 15/2007
      -Meal (FOB)        204.50           176.33
      -Seed (DEL)        364.90           366.53

ELEVATOR BIDS, RED DEER, on Feb 16/2007 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                    136.81           140.14
OATS                     142.47           150.45
BARLEY                   148.26           146.11
RYE                      112.40           118.50
FLAXSEED                    .00              .00
CANOLA                   357.01           362.12

SPECIAL CROP CASH BIDS on Feb 15/2007
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           205.40      5.59      3.33
     FEED                         139.63      3.80      2.67
     LARGE YELLOW #2 OR BETTER    214.95      5.85      3.42
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 331.79      0.15      0.10
         #1 ESTON                 307.54      0.14      0.11
 MUSTARD #1 YELLOW                464.84      0.21      0.12
         #1 BROWN                 374.79      0.17      0.11
         #1 ORIENTAL              293.98      0.13      0.11

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 15/2007
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    267.65   269.70   255.35   239.94     +6.4%
      -CWB #1CWRS VANC*     276.92   278.50   264.75   245.65     +7.8%
      -#1DNS GREAT FALLS    210.25   211.84   193.39   170.56    +13.4%
      -#1DNS PORTLAND       253.84   256.59   238.27   216.56    +10.0%
CORN  -#2 CHICAGO           179.94   176.10   136.74    92.56    +47.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A    131.72     N/A
      -#2FD GREAT FALLS     173.07   175.99   136.52    83.13    +64.2%
      -#2 STOCKTON          241.01   241.82   189.42   147.09    +28.8%
SOYBNS-#1 ILLINOIS          314.19   312.75   260.98   245.42     +6.3%
EXCH RATE Feb 15/2007: US$ in CANADA$ 1.1630  CANADA$ IN US$ 0.8598
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 11/2007
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #28   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    304.0   7,362.4   4,838.1    +52.2%    +37.8%
 DURUM              37.2   2,515.4   2,100.0    +19.8%     +2.9%
 BARLEY              2.1     701.8   1,730.1    -59.4%    -39.4%
 OATS               46.8   1,103.0     609.6    +80.9%    +17.3%
 PEAS               N/A      946.4   1,145.0    -17.3%    -18.2%
 FLAXSEED             .1     322.7     233.6    +38.1%    +21.1%
 CANOLA-EXPORTS     70.7   2,964.2   2,661.4    +11.4%     +9.0%
 CANOLA-CRUSH       70.1   1,855.9   1,784.0     +4.0%     +5.2%
U.S. EXPORTS ('000 TONNES) as of Feb 08/2007
 WHEAT             356.5  16,128.1  19,531.6    -17.4%    -13.3%
 BARLEY             25.2     297.5     400.2    -25.7%    -10.7%
 CORN              958.3  24,109.9  20,607.7    +17.0%     +4.8%
 SOYBEANS          703.4  18,377.8  14,831.6    +23.9%    +16.2%
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