Weekly Crop Market Review - January 11, 2008

The next weekly will be published on Friday, January 18, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 11/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR08     195.50     190.00     202.50     +12.40
        -SASK  MAY08        N/A        N/A     206.50     +12.40
        -SASK  JUL08        N/A        N/A     206.50     +12.40
BARLEY  -LETH  MAR08     212.50     201.00     211.80      +2.80
        -LETH  MAY08     221.80     214.10     221.00      +2.90
        -LETH  JUL08     227.00     219.50     227.00      +5.00
CANOLA  -SASK  MAR08     576.80     526.10     573.20     +41.30
        -SASK  MAY08     586.50     537.00     585.10     +42.60
        -SASK  JUL08     595.20     544.20     593.90     +44.40

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 11/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR08   9.30       8.85       9.09 1/4  -0.22 1/4
        -CBT   MAY08   9.37       8.90       9.22 1/2  -0.22
WHEAT   -MINN  MAR08  10.81      10.20 1/4  10.62 3/4  -0.20 1/2
        -MINN  MAY08  10.44       9.88      10.25      -0.20 3/4
WHEAT   -KANS  MAR08   9.44       8.82       9.24      -0.21 3/4
        -KANS  MAY08   9.42       8.95       9.34      -0.22 1/4
CORN    -CBT   MAR08   4.95       4.62       4.95      +0.28 1/4
        -CBT   MAY08   5.06 1/4   4.73 1/2   5.06 1/4  +0.28 1/4
OATS    -CBT   MAR08   3.39       3.21 1/2   3.36      +0.06 1/4
        -CBT   MAY08   3.46       3.31       3.44      +0.07
SOYBEAN -CBT   MAR08  13.10 1/4  12.47      12.98 3/4  +0.36 1/4
        -CBT   MAY08  13.27 1/2  12.64 1/2  13.17      +0.37 1/2
        -CBT   JUL08  13.41 3/4  12.73 1/2  13.30 3/4  +0.41
SOYOIL  -CBT   MAR08      53.10      50.67      52.66      +1.48
(¢/lb)  -CBT   MAY08      53.65      51.27      53.16      +1.37
SOYMEAL -CBT   MAR08     361.50     342.30     358.60        N/A
($/ton) -CBT   MAY08     366.50     347.50     363.80     +10.50

FEEDMILL BIDS on Jan 07/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           210.00-217.00    205.00-217.50
      -REDDEER        143.30-145.10    191.10-200.00
      -EDMTN          183.70-194.70    183.70-200.00
OATS  -EDMTN          129.70-155.60    129.70-162.00
PEAS - EDMTN          202.10-220.50    202.10-235.00
BARLEY-LETH           202.00-212.00    192.00-215.00
      -MH/BRKS        190.00-200.00    184.00-205.00
      -CALGARY        179.10-200.00    178.20-197.00
      -REDDEER             N/A         179.10-190.00
      -VERM           179.10-190.60    174.50-195.20
      -EDMTN          167.60-179.10    166.30-190.00
      -PEACE R        151.60-158.50    151.60-158.50
CANOLA CRUSHER on Jan 10/2008
      -Meal (FOB)        275.47           259.70
      -Seed (DEL)        509.27           494.03

ELEVATOR BIDS, RED DEER, on Jan 11/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT               184.87           172.31
FEED OATS                146.35           142.65
FEED BARLEY              191.20           182.70
RYE                      158.50           158.50
FLAXSEED                   N/A              N/A
CANOLA                   531.78           490.48

SPECIAL CROP CASH BIDS on Jan 10/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           343.00      9.34      4.90
     FEED                         180.41      4.91      3.80
     LARGE YELLOW #2 OR BETTER    328.30      8.93      5.09
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 565.48      0.26      0.15
         #1 ESTON                 459.66      0.21      0.14
 MUSTARD #1 YELLOW               1043.55      0.47      0.20
         #1 BROWN                 773.49      0.35      0.17
         #1 ORIENTAL              536.49      0.24      0.15

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 10/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    475.50   481.20   382.88   263.74    +45.2%
      -CWB #1CWRS VANC*     480.94     N/A    391.85   267.07    +46.7%
      -#1DNS GREAT FALLS    389.04   405.60   310.11   202.85    +52.9%
      -#1DNS PORTLAND       427.72   443.65   355.50   245.52    +44.8%
CORN  -#2 CHICAGO           175.49   169.11   138.71   146.05     -5.0%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     243.19   232.11   213.92   147.63    +44.9%
      -#2 STOCKTON          308.16   300.38   277.71   217.66    +27.6%
SOYBNS-#1 ILLINOIS          452.61   445.65   362.64   281.99    +28.6%
EXCH RATE Jan 10/2008: US$ in CANADA$ 1.0074  CANADA$ IN US$ 0.9927
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 06/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #23   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)     51.1   5,419.6   6,317.7    -14.2%    -27.2%
 DURUM             104.6   1,630.4   2,248.8    -27.5%    -33.4%
 BARLEY              6.0   1,203.2     626.3    +92.1%   +116.2%
 OATS               44.9     940.7     942.1     -0.1%    +12.2%
 PEAS               33.0   1,018.9     887.5    +14.8%     +1.6%
 FLAXSEED             .5     328.4     308.7     +6.4%    -11.9%
 CANOLA-EXPORTS    112.2   2,316.2   2,403.5     -3.6%     -1.4%
 CANOLA-CRUSH       76.4   1,713.2   1,524.0    +12.4%     +0.6%
U.S. EXPORTS ('000 TONNES) as of Jan 03/2008
 WHEAT             481.5  21,837.9  13,663.2    +59.8%    +29.3%
 BARLEY             26.4     538.7     227.1   +137.2%    -20.0%
 CORN              796.2  21,660.3  19,313.8    +12.1%    +15.3%
 SOYBEANS          674.9  12,617.3  14,014.4    -10.0%    -11.0%
NOPA SOYBEAN Month Ending: Nov 30/2007
 SOYBEAN CRUSH    3993.8  12,017.0  11,988.4     +0.2%     +1.3%
* From Canadian Grain Commission Calendar