Weekly Crop Market Review - February 8, 2008

The next weekly will be published on Friday, February 15, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 08/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR08        N/A        N/A     270.00     +39.00
        -SASK  MAY08        N/A        N/A     260.00     +25.00
        -SASK  JUL08        N/A        N/A     260.00     +25.00
BARLEY  -SASK  MAR08     218.80     205.00     218.00     +10.80
        -SASK  MAY08     226.00     215.60     225.00      +6.00
        -SASK  JUL08     231.90     229.80     232.10      +6.10
CANOLA  -SASK  MAR08     629.90     586.70     612.10     +25.40
        -SASK  MAY08     642.60     599.30     624.10     +24.30
        -SASK  JUL08     648.40     610.00     634.20     +25.60

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 08/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR08  10.93       9.52      10.93      +1.50
        -CBT   MAY08  11.09 3/4   9.67      11.09 3/4  +1.49 1/4
WHEAT   -MINN  MAR08  15.53      14.22      15.53      +1.50
        -MINN  MAY08  14.24 3/4  12.72      14.24 3/4  +1.50
WHEAT   -KANS  MAR08  11.40 1/4  10.03      11.40 1/4  +1.50
        -KANS  MAY08  11.50 1/4  10.12      11.50 1/4  +1.50
CORN    -CBT   MAR08   5.28 3/4   4.91       5.08      +0.07 1/2
        -CBT   MAY08   5.41       5.03 1/2   5.21      +0.07 3/4
OATS    -CBT   MAR08   3.55       3.29 3/4   3.50      +0.27
        -CBT   MAY08   3.64       3.41       3.60      +0.27
SOYBEAN -CBT   MAR08  13.74 1/2  12.96 1/2  13.39      +0.51 3/4
        -CBT   MAY08  13.92      13.15      13.58 1/2  +0.52 1/4
        -CBT   JUL08  14.05      13.30      13.68      +0.48
SOYOIL  -CBT   MAR08      57.40      54.58      55.42      +1.30
(¢/lb)  -CBT   MAY08      58.10      55.25      56.02      +1.25
SOYMEAL -CBT   MAR08     373.00     346.00     361.50     +18.30
($/ton) -CBT   MAY08     378.00     352.00     366.60     +17.40

FEEDMILL BIDS on Feb 04/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           210.00-230.00    210.00-230.00
      -REDDEER        210.00-230.00         N/A
      -EDMTN          191.10-230.00    191.10-220.00
OATS  -EDMTN          129.70-171.80    129.70-171.80
PEAS - EDMTN          202.10-220.50    202.10-220.50
BARLEY-LETH           200.00-215.00    200.00-215.00
      -MH/BRKS        197.50-209.00    197.00-210.00
      -CALGARY        179.10-215.00    200.00-215.00
      -REDDEER             N/A         200.00-213.00
      -VERM           183.70-186.00    181.40-183.70
      -EDMTN          179.10-205.00    179.10-213.00
      -PEACE R        169.60-174.50    169.90-174.50
CANOLA CRUSHER on Feb 07/2008
      -Meal (FOB)        287.03           278.37
      -Seed (DEL)        571.20           549.50

ELEVATOR BIDS, RED DEER, on Feb 08/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT               241.24           200.15
FEED OATS                172.18           164.63
FEED BARLEY              194.11           181.80
RYE                      158.50           158.50
FLAXSEED                   N/A              N/A
CANOLA                   584.76           566.31

SPECIAL CROP CASH BIDS on Feb 07/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           369.83     10.07      5.47
     FEED                         180.41      4.91      3.80
     LARGE YELLOW #2 OR BETTER    364.32      9.92      5.65
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 627.76      0.28      0.15
         #1 ESTON                 456.35      0.21      0.14
 MUSTARD #1 YELLOW               1126.22      0.51      0.21
         #1 BROWN                 883.72      0.40      0.17
         #1 ORIENTAL              542.00      0.25      0.14

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 07/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    656.05   590.30   412.33   263.74    +56.3%
      -CWB #1CWRS VANC*     771.18     N/A    431.06   267.07    +61.4%
      -#1DNS GREAT FALLS    579.77   501.99   339.07   202.85    +67.2%
      -#1DNS PORTLAND       661.48   546.43   382.78   245.52    +55.9%
CORN  -#2 CHICAGO           186.83   187.61   145.71   146.05     -0.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     212.26   242.32   217.27   147.63    +47.2%
      -#2 STOCKTON          309.20   307.05   282.29   217.66    +29.7%
SOYBNS-#1 ILLINOIS          481.53   456.43   376.48   281.99    +33.5%
EXCH RATE Feb 07/2008: US$ in CANADA$ 1.0108  CANADA$ IN US$ 0.9893
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 03/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #27   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)     55.8   6,153.6   7,058.4    -12.8%    -26.2%
 DURUM              18.7   1,866.6   2,478.2    -24.7%    -30.1%
 BARLEY             33.1   1,512.4     699.7   +116.1%   +116.2%
 OATS               19.7   1,148.8   1,056.2     +8.8%    +12.2%
 PEAS               77.1   1,162.6     946.4    +22.8%     +6.6%
 FLAXSEED             .9     338.8     322.6     +5.0%    -11.9%
 CANOLA-EXPORTS    172.6   2,850.1   2,883.8     -1.2%     -1.4%
 CANOLA-CRUSH       78.0   2,031.7   1,785.8    +13.8%     +6.2%
U.S. EXPORTS ('000 TONNES) as of Jan 31/2008
 WHEAT             450.5  24,113.4  15,791.0    +52.7%    +29.3%
 BARLEY              1.0     592.0     294.2   +101.2%    -20.0%
 CORN             1212.7  27,284.1  23,162.7    +17.8%    +15.3%
 SOYBEANS          686.4  15,944.6  17,682.1     -9.8%    -11.0%
NOPA SOYBEAN Month Ending: Dec 31/2007
 SOYBEAN CRUSH    4243.1  16,260.0  16,047.9     +1.3%     +1.3%
* From Canadian Grain Commission Calendar