Weekly Crop Market Review - May 2, 2008

The next weekly will be published on Friday, May 9, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of May 02/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  JUL08        N/A        N/A     300.00      +0.00
        -SASK  OCT08        N/A        N/A     293.00      +0.00
        -SASK  DEC08        N/A        N/A     293.00      +0.00
BARLEY  -SASK  JUL08     255.00     245.00     246.20      -2.40
        -SASK  OCT08     257.00     255.00     254.10      -1.40
        -SASK  DEC08     260.00     257.80     261.00      -0.10
CANOLA  -SASK  JUL08     621.80     584.40     603.80      -8.90
        -SASK  NOV08     639.00     603.10     623.20      -8.40
        -SASK  JAN09     645.70     616.30     632.80      -9.30

U.S. FUTURES (U.S. $/BUSHEL) as of May 02/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL08   8.40       7.77       7.90      -0.25 1/2
        -CBT   SEP08   8.55       7.96       8.04 1/4  -0.25 1/2
WHEAT   -MINN  JUL08   9.63       9.28       9.36      -0.09
        -MINN  SEP08   9.03       8.67       8.77      -0.15
WHEAT   -KANS  JUL08   8.74       8.27       8.39 1/2  -0.12
        -KANS  SEP08   8.83       8.39 1/2   8.51 1/2  -0.11 1/2
CORN    -CBT   JUL08   6.20 1/2   5.89       6.17 1/4  +0.26 1/2
        -CBT   SEP08   6.30       5.97       6.26 3/4  +0.26 1/4
OATS    -CBT   JUL08   4.08       3.78 1/2   4.07 1/2  +0.27 1/2
        -CBT   SEP08   4.18       3.90 1/2   4.18      +0.27 1/2
SOYBEAN -CBT   JUL08  13.72      12.44      12.71      -0.66
        -CBT   AUG08  13.44      12.36      12.60      -0.57 1/2
        -CBT   SEP08  12.91      12.27      12.27      -0.42
SOYOIL  -CBT   JUL08      61.35      55.83      56.35      -3.30
(¢/lb)  -CBT   AUG08      61.25      56.13      56.68      -3.23
SOYMEAL -CBT   JUL08     352.50     322.20     329.50     -15.50
($/ton) -CBT   AUG08     348.00     319.80     326.50     -11.00

FEEDMILL BIDS on Apr 28/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           280.00-310.00    280.00-330.00
      -REDDEER        227.80-280.00    227.80-275.00
      -EDMTN          227.80-280.00    227.80-275.00
OATS  -EDMTN          162.10-168.60    162.10-168.60
PEAS - EDMTN          213.10-220.50    213.10-220.50
BARLEY-LETH           224.00-242.00    220.00-245.00
      -MH/BRKS        212.00-218.00    210.00-218.00
      -CALGARY        190.60-240.00    190.60-245.00
      -REDDEER        199.80-241.00    199.80-205.00
      -VERM           197.50-202.10    197.50-204.40
      -EDMTN          188.30-242.00    188.30-250.00
      -PEACE R        195.20-202.10    190.60-195.20
CANOLA CRUSHER on May 01/2008
      -Meal (FOB)        255.67           275.90
      -Seed (DEL)        585.30           611.73

ELEVATOR BIDS on May 02/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     242.17           241.62
FEED OATS  -Red Deer       N/A              N/A
FEED BARLEY-Red Deer     207.86           206.57
RYE        -Red Deer     161.00           161.00
FLAXSEED   -Brooks       433.84           528.71
CANOLA     -Red Deer     538.68           561.38

SPECIAL CROP CASH BIDS on May 01/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           376.62     10.25      6.71
     FEED                         180.41      4.91      4.10
     LARGE YELLOW #2 OR BETTER    363.03      9.88      7.24
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 775.03      0.35      0.16
         #1 ESTON                 569.12      0.26      0.15
 MUSTARD #1 YELLOW               1324.64      0.60      0.23
         #1 BROWN                 960.88      0.44      0.19
         #1 ORIENTAL              751.44      0.34      0.16

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 01/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    477.60   503.35   475.46   263.74    +80.3%
      -CWB #1CWRS VANC*       N/A    513.21   492.54   267.07    +84.4%
      -#1DNS GREAT FALLS      N/A      N/A    381.08   202.85    +87.9%
      -#1DNS PORTLAND         N/A      N/A    407.13   245.52    +65.8%
CORN  -#2 CHICAGO           231.24   217.90   165.04   146.05    +13.0%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     188.20   199.56   212.95   147.63    +44.3%
      -#2 STOCKTON          329.77   328.12   291.71   217.66    +34.0%
SOYBNS-#1 ILLINOIS          471.34   497.96   409.69   281.99    +45.3%
EXCH RATE May 01/2008: US$ in CANADA$ 1.0193  CANADA$ IN US$ 0.9811
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Apr 27/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #39   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    212.4   8,546.0  10,140.6    -15.7%    -26.2%
 DURUM              16.8   2,481.9   3,293.0    -24.6%    -30.1%
 BARLEY             42.7   2,257.0     898.3   +151.3%   +116.2%
 OATS               56.3   1,516.8   1,345.2    +12.8%    +12.2%
 PEAS               27.5   1,429.1   1,235.3    +15.7%     +6.6%
 FLAXSEED           10.9     396.2     406.1     -2.4%    -11.9%
 CANOLA-EXPORTS     63.9   4,235.2   4,070.5     +4.0%     -1.4%
 CANOLA-CRUSH       79.8   2,967.6   2,544.4    +16.6%     +6.2%
U.S. EXPORTS ('000 TONNES) as of Apr 24/2008
 WHEAT             515.0  30,624.3  21,574.2    +41.9%    +40.3%
 BARLEY             N/A      725.1     409.5    +77.0%    -20.0%
 CORN              887.5  41,880.4  35,256.8    +18.8%    +17.6%
 SOYBEANS          387.5  24,691.1  25,299.1     -2.4%     -3.8%
NOPA SOYBEAN Month Ending: Mar 31/2008
 SOYBEAN CRUSH    4032.4  28,221.9  27,685.9     +1.9%     +1.9%
* From Canadian Grain Commission Calendar