Weekly Crop Market Review - December 14, 2007

The next weekly will be published on Friday, December 21, 2007
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Dec 14/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR08     185.00     185.00     191.00      +6.00
        -SASK  MAY08        N/A        N/A     195.00      +4.00
        -SASK  JUL08        N/A        N/A     198.00      +4.00
BARLEY  -LETH  MAR08     205.50     200.00     204.90      +2.40
        -LETH  MAY08     212.50     209.00     212.50      +3.50
        -LETH  JUL08     216.00     213.50     216.00      +3.00
CANOLA  -SASK  JAN08     503.00     480.70     501.10     +19.00
        -SASK  MAR08     515.40     492.70     513.70     +19.50
        -SASK  MAY08     522.90     502.70     520.80     +19.20

U.S. FUTURES (U.S. $/BUSHEL) as of Dec 14/2007
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR08   9.81       9.09       9.79 1/2  +0.58
        -CBT   MAY08   9.75       9.12       9.74 1/2  +0.56
WHEAT   -MINN  MAR08  10.76      10.01      10.75 3/4  +0.73 1/4
        -MINN  MAY08  10.45       9.73 1/2  10.36 1/4  +0.59 1/4
WHEAT   -KANS  MAR08  10.03       9.48       9.99 1/4  +0.49 1/4
        -KANS  MAY08   9.90       9.43       9.89      +0.40
CORN    -CBT   MAR08   4.40       4.15 1/2   4.38 1/4  +0.21
        -CBT   MAY08   4.50 1/2   4.26       4.49 1/4  +0.21 1/2
OATS    -CBT   MAR08   2.98       2.81 1/4   2.97 3/4  +0.17 1/2
        -CBT   MAY08   3.03       2.90       3.03      +0.14 1/2
SOYBEAN -CBT   JAN08  11.64      11.17 1/2  11.57      +0.37 1/4
        -CBT   MAR08  11.83      11.35      11.75      +0.36 1/4
        -CBT   MAY08  11.96      11.44 1/2  11.88 3/4  +0.42 1/4
SOYOIL  -CBT   JAN08      46.72      45.48      46.22      +0.52
(¢/lb)  -CBT   MAR08      47.38      46.08      46.84      +0.51
SOYMEAL -CBT   JAN08     330.00     310.00     325.90     +13.20
($/ton) -CBT   MAR08     336.20     315.20     332.10     +13.90

FEEDMILL BIDS on Dec 10/2007 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           200.00-205.00    190.00-205.00
      -REDDEER        187.40-203.00    185.00-200.00
      -EDMTN          172.70-200.00    176.40-183.70
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN               N/A         202.10-205.00
BARLEY-LETH           185.00-190.00    180.00-188.00
      -MH/BRKS        183.00-186.50    183.00-187.00
      -CALGARY        172.20-183.70    172.20-178.00
      -REDDEER        175.00-183.70    175.00-183.70
      -VERM           160.80-165.30    160.80-165.30
      -EDMTN          158.50-170.00    160.80-174.50
      -PEACE R        151.60-158.50    151.60-158.50
CANOLA CRUSHER on Dec 13/2007
      -Meal (FOB)        226.00           203.00
      -Seed (DEL)        466.70           450.17

ELEVATOR BIDS, RED DEER, on Dec 14/2007 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT               167.17           184.37
FEED OATS                146.35           143.60
FEED BARLEY              174.69           175.75
RYE                      158.50           158.50
FLAXSEED                   N/A              N/A
CANOLA                   472.50           451.80

SPECIAL CROP CASH BIDS on Dec 13/2007
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           347.60      9.46      4.52
     FEED                         180.41      4.91      3.38
     LARGE YELLOW #2 OR BETTER    319.67      8.70      4.75
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 547.29      0.25      0.15
         #1 ESTON                 458.01      0.21      0.14
 MUSTARD #1 YELLOW               1043.55      0.47      0.20
         #1 BROWN                 773.49      0.35      0.16
         #1 ORIENTAL              536.49      0.24      0.14

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 13/2007
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    477.30   446.35   367.67   263.74    +39.4%
      -CWB #1CWRS VANC*     480.07   448.78   376.97   267.07    +41.1%
      -#1DNS GREAT FALLS    398.06   363.77   291.26   202.85    +43.6%
      -#1DNS PORTLAND       438.17   397.52   337.21   245.52    +37.3%
CORN  -#2 CHICAGO           164.65   150.38   132.99   146.05     -8.9%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     235.01   232.50   210.10   147.63    +42.3%
      -#2 STOCKTON          309.23   305.93   272.78   217.66    +25.3%
SOYBNS-#1 ILLINOIS          420.74   398.72   348.14   281.99    +23.5%
EXCH RATE Dec 13/2007: US$ in CANADA$ 1.0201  CANADA$ IN US$ 0.9803
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 09/2007
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #19   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    230.5   4,783.3   5,431.9    -11.9%    -27.2%
 DURUM              49.6   1,148.3   1,871.2    -38.6%    -33.4%
 BARLEY            106.1     991.3     508.5    +94.9%   +116.2%
 OATS               23.5     782.1     836.1     -6.5%    +12.2%
 PEAS              102.2     953.2     782.8    +21.8%     +1.6%
 FLAXSEED           16.5     292.0     284.1     +2.8%    -11.9%
 CANOLA-EXPORTS     75.8   1,826.8   2,099.5    -13.0%     -1.4%
 CANOLA-CRUSH       83.7   1,397.3   1,247.2    +12.0%     +0.6%
U.S. EXPORTS ('000 TONNES) as of Dec 06/2007
 WHEAT             723.2  19,875.2  11,968.1    +66.1%    +29.3%
 BARLEY              5.1     455.9     190.4   +139.4%    -20.0%
 CORN              976.1  17,193.4  15,609.7    +10.1%    +15.3%
 SOYBEANS          895.8   9,377.5  11,260.1    -16.7%    -11.0%
NOPA SOYBEAN Month Ending: Oct 31/2007
 SOYBEAN CRUSH    4217.7   8,023.2   7,955.1     +0.9%     +1.3%
* From Canadian Grain Commission Calendar