Weekly Crop Market Review - January 25, 2008

The next weekly will be published on Friday, February 1, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 25/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR08        N/A        N/A     224.00     +13.00
        -SASK  MAY08        N/A        N/A     228.00     +13.00
        -SASK  JUL08        N/A        N/A     228.00     +13.00
BARLEY  -LETH  MAR08     214.00     203.00     207.80      -2.40
        -LETH  MAY08     220.00     215.00     216.50      -3.20
        -LETH  JUL08     224.00     222.00     224.00      -1.00
CANOLA  -SASK  MAR08     581.80     544.90     567.30     -13.70
        -SASK  MAY08     591.60     558.60     580.80     -13.70
        -SASK  JUL08     606.20     570.00     589.70     -15.60

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 25/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR08   9.86       9.02       9.33      -0.29 1/2
        -CBT   MAY08   9.98 1/2   9.18       9.47 1/2  -0.30
WHEAT   -MINN  MAR08  12.67      11.80      12.67      +0.72 1/4
        -MINN  MAY08  12.00      11.19      12.00      +0.56
WHEAT   -KANS  MAR08  10.33       9.46       9.70      -0.41 1/4
        -KANS  MAY08  10.37       9.57       9.83      -0.33
CORN    -CBT   MAR08   5.04 1/2   4.69       4.98 1/4  +0.00
        -CBT   MAY08   5.16       4.81 1/4   5.10 3/4  +0.00 1/4
OATS    -CBT   MAR08   3.24 1/2   3.05 1/4   3.20 1/4  +0.00 3/4
        -CBT   MAY08   3.33       3.14 1/2   3.29      +0.01
SOYBEAN -CBT   MAR08  12.55 1/2  11.89 1/2  12.43      -0.21
        -CBT   MAY08  12.73      12.07      12.61 1/2  -0.21 3/4
        -CBT   JUL08  12.87      12.20 3/4  12.75 1/4  -0.22 1/4
SOYOIL  -CBT   MAR08      52.53      49.68      52.01      -1.13
(¢/lb)  -CBT   MAY08      53.10      50.35      52.72      -1.07
SOYMEAL -CBT   MAR08     339.50     322.50     335.00      -4.30
($/ton) -CBT   MAY08     344.50     329.50     341.60      -4.40

FEEDMILL BIDS on Jan 21/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           210.00-230.00    210.00-230.00
      -REDDEER             N/A         143.30-215.00
      -EDMTN          191.10-220.00    191.10-220.00
OATS  -EDMTN          129.70-171.80    129.70-171.80
PEAS - EDMTN          202.10-220.50    202.10-235.00
BARLEY-LETH           200.00-215.00    200.00-215.00
      -MH/BRKS        195.00-204.00    189.00-200.00
      -CALGARY        179.10-209.90    179.10-200.00
      -REDDEER        200.00-213.00    156.20-200.00
      -VERM           190.60-195.20    190.60-195.20
      -EDMTN          176.40-213.00    176.40-200.00
      -PEACE R        165.30-172.20    165.30-172.20
CANOLA CRUSHER on Jan 24/2008
      -Meal (FOB)        266.33           278.00
      -Seed (DEL)        521.20           538.10

ELEVATOR BIDS, RED DEER, on Jan 25/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT               212.24           212.79
FEED OATS                165.28             N/A
FEED BARLEY              179.61           175.12
RYE                      158.50             N/A
FLAXSEED                   N/A              N/A
CANOLA                   535.40           550.74

SPECIAL CROP CASH BIDS on Jan 24/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           353.66      9.63      5.27
     FEED                         180.41      4.91      3.80
     LARGE YELLOW #2 OR BETTER    356.23      9.70      5.45
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 583.67      0.26      0.15
         #1 ESTON                 450.84      0.20      0.14
 MUSTARD #1 YELLOW               1126.22      0.51      0.22
         #1 BROWN                 828.60      0.38      0.17
         #1 ORIENTAL              536.49      0.24      0.14

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 24/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    555.95   524.25   395.46   263.74    +49.9%
      -CWB #1CWRS VANC*     575.44   534.64   411.05   267.07    +53.9%
      -#1DNS GREAT FALLS    464.32   447.26   322.25   202.85    +58.9%
      -#1DNS PORTLAND       506.28   417.17   364.35   245.52    +48.4%
CORN  -#2 CHICAGO           183.88   192.37   142.51   146.05     -2.4%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     244.54   250.30   216.49   147.63    +46.7%
      -#2 STOCKTON          307.76   315.01   280.30   217.66    +28.8%
SOYBNS-#1 ILLINOIS          439.18   461.06   369.37   281.99    +31.0%
EXCH RATE Jan 24/2008: US$ in CANADA$ 1.0061  CANADA$ IN US$ 0.9939
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 20/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #25   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    197.1   5,874.1   6,633.6    -11.4%    -27.2%
 DURUM              64.5   1,722.9   2,382.0    -27.7%    -33.4%
 BARLEY             96.6   1,361.6     674.1   +102.0%   +116.2%
 OATS               27.0   1,115.7     990.0    +12.7%    +12.2%
 PEAS               25.4   1,085.5     898.7    +20.8%     +1.6%
 FLAXSEED            1.0     333.5     315.5     +5.7%    -11.9%
 CANOLA-EXPORTS    126.9   2,541.7   2,665.5     -4.6%     -1.4%
 CANOLA-CRUSH       81.6   1,871.8   1,648.6    +13.5%     +0.6%
U.S. EXPORTS ('000 TONNES) as of Jan 17/2008
 WHEAT             488.0  22,965.8  14,665.6    +56.6%    +29.3%
 BARLEY             13.3     589.6     250.8   +135.1%    -20.0%
 CORN             1163.8  24,365.7  21,386.7    +13.9%    +15.3%
 SOYBEANS          877.5  14,332.8  15,558.7     -7.9%    -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