Weekly Crop Market Review - January 18, 2008

The next weekly will be published on Friday, January 25, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 18/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR08        N/A        N/A        N/A        N/A
        -SASK  MAY08        N/A        N/A     215.00      +8.50
        -SASK  JUL08        N/A        N/A     215.00      +8.50
BARLEY  -LETH  MAR08     217.00     203.70     210.20      -1.60
        -LETH  MAY08     224.00     214.10     219.70      -1.30
        -LETH  JUL08     228.50     225.00     225.00      -2.00
CANOLA  -SASK  MAR08     595.00     548.40     581.00      +7.80
        -SASK  MAY08     605.00     572.70     594.50      +9.40
        -SASK  JUL08     615.00     569.70     605.30     +11.40

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 18/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR08   9.66       9.02       9.62 1/2  +0.53 1/4
        -CBT   MAY08   9.79       9.15       9.77 1/2  +0.55
WHEAT   -MINN  MAR08  11.94 3/4  10.77 3/4  11.94 3/4  +1.32
        -MINN  MAY08  11.46      10.43      11.44      +1.19
WHEAT   -KANS  MAR08  10.11 1/2   9.28      10.11 1/4  +0.87 1/4
        -KANS  MAY08  10.18       9.39      10.16      +0.82
CORN    -CBT   MAR08   5.13 3/4   4.94 3/4   4.98 1/4  +0.03 1/4
        -CBT   MAY08   5.30 1/2   5.07 1/4   5.10 1/2  +0.04 1/4
OATS    -CBT   MAR08   3.43       3.09 1/2   3.19 1/2  -0.16 1/2
        -CBT   MAY08   3.49       3.19 1/2   3.28      -0.16
SOYBEAN -CBT   MAR08  13.12      12.45      12.64      -0.34 3/4
        -CBT   MAY08  13.31      12.64 1/2  12.83 1/4  -0.33 3/4
        -CBT   JUL08  13.75      12.78 1/2  12.97 1/2  -0.33 1/4
SOYOIL  -CBT   MAR08      53.97      51.86      53.14      +0.48
(¢/lb)  -CBT   MAY08      54.72      52.47      53.79      +0.63
SOYMEAL -CBT   MAR08     356.80     332.60     339.30     -19.30
($/ton) -CBT   MAY08     374.00     339.50     346.00     -17.80

FEEDMILL BIDS on Jan 14/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       210.00-217.00
      -REDDEER        143.30-215.00    143.30-145.10
      -EDMTN          191.10-220.00    183.70-194.70
OATS  -EDMTN          129.70-171.80    129.70-155.60
PEAS - EDMTN          202.10-235.00    202.10-220.50
BARLEY-LETH                N/A       202.00-212.00
      -MH/BRKS             N/A       190.00-200.00
      -CALGARY        179.10-200.00    179.10-200.00
      -REDDEER        156.20-200.00    156.20-200.00
      -VERM           190.60-195.20    179.10-190.60
      -EDMTN          176.40-200.00    167.60-179.10
      -PEACE R        165.30-172.20    151.60-158.50
CANOLA CRUSHER on Jan 17/2008
      -Meal (FOB)        278.00           275.47
      -Seed (DEL)        538.10           509.27

ELEVATOR BIDS, RED DEER, on Jan 18/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT               212.79           184.87
FEED OATS                  N/A            146.35
FEED BARLEY              175.12           191.20
RYE                        N/A            158.50
FLAXSEED                   N/A              N/A
CANOLA                   550.74           531.78

SPECIAL CROP CASH BIDS on Jan 17/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           402.52     10.95      5.07
     FEED                         180.41      4.91      3.80
     LARGE YELLOW #2 OR BETTER    337.67      9.19      5.22
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 580.92      0.26      0.15
         #1 ESTON                 453.05      0.21      0.14
 MUSTARD #1 YELLOW               1104.18      0.50      0.21
         #1 BROWN                 801.04      0.36      0.17
         #1 ORIENTAL              536.49      0.24      0.15

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 17/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    524.25   475.50   388.77   263.74    +47.4%
      -CWB #1CWRS VANC*     534.64   480.94   400.78   267.07    +50.1%
      -#1DNS GREAT FALLS      N/A    389.04   310.11   202.85    +52.9%
      -#1DNS PORTLAND         N/A    427.72   355.50   245.52    +44.8%
CORN  -#2 CHICAGO           195.41   175.49   140.98   146.05     -3.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     250.30   243.19   215.37   147.63    +45.9%
      -#2 STOCKTON          315.01   308.16   279.20   217.66    +28.3%
SOYBNS-#1 ILLINOIS          461.06   452.61   366.58   281.99    +30.0%
EXCH RATE Jan 17/2008: US$ in CANADA$ 1.0298  CANADA$ IN US$ 0.9711
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 13/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #24   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    257.4   5,677.0   6,486.5    -12.5%    -27.2%
 DURUM              28.0   1,658.4   2,302.1    -28.0%    -33.4%
 BARLEY             61.8   1,265.0     648.7    +95.0%   +116.2%
 OATS               41.9   1,088.7     972.4    +12.0%    +12.2%
 PEAS               41.2   1,060.1     898.7    +18.0%     +1.6%
 FLAXSEED            4.1     332.5     315.3     +5.5%    -11.9%
 CANOLA-EXPORTS     98.6   2,414.8   2,558.1     -5.6%     -1.4%
 CANOLA-CRUSH       77.0   1,790.3   1,589.4    +12.6%     +0.6%
U.S. EXPORTS ('000 TONNES) as of Jan 10/2008
 WHEAT             581.6  22,462.3  14,098.4    +59.3%    +29.3%
 BARLEY             36.3     575.5     250.5   +129.7%    -20.0%
 CORN             1283.0  23,030.4  20,311.8    +13.4%    +15.3%
 SOYBEANS          595.6  13,324.5  14,816.4    -10.1%    -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