Weekly Crop Market Review - April 27, 2007

The next weekly will be published on Friday, May 4, 2007
This information is collected by the Statistics and Data Development Unit


WEEKLY CROP MARKET REVIEW

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 27/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAY07     158.50     151.00     158.50      -3.00
        -SASK  JUL07     164.00     158.00     160.00      -1.50
        -SASK  OCT07     168.50        N/A     164.00      -2.00
BARLEY  -LETH  MAY07     179.00     171.10     172.60      -6.40
        -LETH  JUL07     185.00     178.00     181.60      -2.90
        -LETH  OCT07     144.00     139.00     140.50      -5.00
CANOLA  -SASK  MAY07     360.90     350.50     356.00      +1.00
        -SASK  JUL07     371.00     356.60     366.80      +3.00
        -SASK  NOV07     387.40     373.50     383.00      +2.20

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 27/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY07   5.15       4.79 1/2   5.00 1/2  -0.01 1/2
        -CBT   JUL07   5.30       4.93       5.12 1/2  -0.02 1/4
WHEAT   -MINN  MAY07   5.51 1/2   5.14       5.45      +0.20 1/4
        -MINN  JUL07   5.45 3/4   5.07       5.35 3/4  +0.16 3/4
WHEAT   -KANS  MAY07   5.22       4.91 1/2   4.99      -0.15
        -KANS  JUL07   5.18       4.87       5.01 3/4  -0.08 3/4
CORN    -CBT   MAY07   3.80 1/2   3.50       3.64 1/4  +0.03 3/4
        -CBT   JUL07   3.91 1/4   3.61       3.73 3/4  +0.01 3/4
OATS    -CBT   MAY07   2.68       2.51 1/2   2.65      +0.07
        -CBT   JUL07   2.70 3/4   2.56 1/2   2.69 1/2  +0.06 1/4
SOYBEAN -CBT   MAY07   7.33       7.09 1/4   7.23      -0.00 1/4
        -CBT   JUL07   7.49 1/2   7.25 1/2   7.38 1/2  -0.01 3/4
        -CBT   AUG07   7.57       7.32 1/2   7.45 1/2  -0.01 1/2
SOYOIL  -CBT   MAY07      33.03      31.75      32.93      +0.58
(¢/lb)  -CBT   JUL07      33.60      32.31      33.45      +0.55
SOYMEAL -CBT   MAY07     196.80     190.80     192.00      -4.40
($/ton) -CBT   JUL07     202.70     196.50     198.20      -3.90

FEEDMILL BIDS on Apr 23/2007 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           170.00-176.00    170.00-176.00
      -REDDEER        169.00-175.00    169.00-170.00
      -EDMTN          148.80-165.00    148.80-165.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          161.70-176.40    161.70-176.40
BARLEY-LETH           175.00-183.00    170.00-181.00
      -MH/BRKS        173.00-180.00    173.00-180.00
      -CALGARY        160.80-175.00    160.80-176.00
      -REDDEER        160.80-170.00    160.80-170.00
      -VERM           142.40-147.00    142.40-147.00
      -EDMTN          142.40-165.00    142.40-165.00
      -PEACE R        144.70-151.60    144.70-151.60
CANOLA CRUSHER on Apr 26/2007
      -Meal (FOB)        159.36           164.00
      -Seed (DEL)        357.63           343.73

ELEVATOR BIDS, RED DEER, on Apr 27/2007 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                    144.58           156.22
OATS                     144.82           156.75
BARLEY                   155.80           159.92
RYE                      118.50           118.50
FLAXSEED                    .00              .00
CANOLA                   345.48           345.64

SPECIAL CROP CASH BIDS on Apr 26/2007
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           246.73      6.71      3.69
     FEED                         150.65      4.10      2.62
     LARGE YELLOW #2 OR BETTER    266.02      7.24      3.85
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 356.59      0.16      0.10
         #1 ESTON                 329.04      0.15      0.11
 MUSTARD #1 YELLOW                497.91      0.23      0.12
         #1 BROWN                 413.37      0.19      0.11
         #1 ORIENTAL              354.61      0.16      0.11

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Apr 26/2007
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    272.90   268.50   259.76   239.94     +8.3%
      -CWB #1CWRS VANC*       N/A    271.47   265.50   245.65     +8.1%
      -#1DNS GREAT FALLS    219.60   212.49   198.33   170.56    +16.3%
      -#1DNS PORTLAND       258.33   252.54   242.65   216.56    +12.0%
CORN  -#2 CHICAGO           158.59   159.97   145.62    92.56    +57.3%
BARLEY-#2 PORTLAND            N/A      N/A      N/A    131.72     N/A
      -#2FD GREAT FALLS     157.59   158.75   145.13    83.13    +74.6%
      -#2 STOCKTON          244.24   246.02   208.79   147.09    +41.9%
SOYBNS-#1 ILLINOIS          289.13   291.24   273.50   245.42    +11.4%
EXCH RATE Apr 26/2007: US$ in CANADA$ 1.1213  CANADA$ IN US$ 0.8918
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Apr 22/2007
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #38   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    307.5   9,916.8   7,185.2    +38.0%    +37.8%
 DURUM             110.8   3,164.4   2,795.5    +13.2%     +2.9%
 BARLEY              2.2     881.3   1,971.7    -55.3%    -39.4%
 OATS               20.2   1,328.7     868.3    +53.0%    +17.3%
 PEAS               30.8   1,205.3   1,412.7    -14.7%    -18.2%
 FLAXSEED            9.6     364.7     302.5    +20.6%    +21.1%
 CANOLA-EXPORTS     93.9   4,012.6   3,863.4     +3.9%     +9.0%
 CANOLA-CRUSH       66.7   2,482.2   2,463.8     +0.7%     +5.2%
U.S. EXPORTS ('000 TONNES) as of Apr 19/2007
 WHEAT             356.4  21,072.9  23,760.1    -11.3%    -10.8%
 BARLEY             N/A      402.7     473.0    -14.9%    -10.7%
 CORN              823.2  34,031.0  30,659.3    +11.0%     +4.8%
 SOYBEANS          231.7  24,622.6  20,199.8    +21.9%    +14.0%
NOPA SOYBEAN Month Ending: Feb 28/2007
 SOYBEAN CRUSH    3559.2  23,658.3  22,882.0     +3.4%     +1.5%
* From Canadian Grain Commission Calendar

STATISTICS AND DATA DEVELOPMENT UNIT           Apr 27,2007
ALBERTA AGRICULTURE AND FOOD (780) 427-4011