Weekly Crop Market Review - May 9, 2008

The next weekly will be published on Friday, May 16, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of May 09/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  JUL08        N/A        N/A     300.00      +0.00
        -SASK  OCT08        N/A        N/A     285.00      -8.00
        -SASK  DEC08        N/A        N/A     285.00      -8.00
BARLEY  -SASK  JUL08     254.00     243.00     249.40      +3.20
        -SASK  OCT08     259.60     251.10     258.40      +4.30
        -SASK  DEC08     260.00     260.00     263.90      +2.90
CANOLA  -SASK  JUL08     635.10     588.00     634.20     +30.40
        -SASK  NOV08     654.40     607.00     653.40     +30.20
        -SASK  JAN09     661.30     625.20     662.90     +30.10

U.S. FUTURES (U.S. $/BUSHEL) as of May 09/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL08   8.36       7.77       8.04 1/2  +0.14 1/2
        -CBT   SEP08   8.46       7.96       8.18 1/2  +0.14 1/4
WHEAT   -MINN  JUL08  10.10       9.28      10.03      +0.67
        -MINN  SEP08   9.19       8.67       8.95 3/4  +0.18 3/4
WHEAT   -KANS  JUL08   8.81       8.27       8.45 1/2  +0.06
        -KANS  SEP08   8.90       8.39 1/2   8.54      +0.02 1/2
CORN    -CBT   JUL08   6.37 1/2   6.01 1/2   6.29 1/4  +0.12
        -CBT   SEP08   6.47       6.12 1/2   6.41      +0.14 1/4
OATS    -CBT   JUL08   4.24       3.82 1/2   4.13      +0.05 1/2
        -CBT   SEP08   4.34 3/4   4.18       4.25 1/2  +0.07 1/2
SOYBEAN -CBT   JUL08  13.65      12.44      13.58      +0.87
        -CBT   AUG08  13.53      12.36      13.53 1/4  +0.93 1/4
        -CBT   SEP08  13.26      12.27      13.24 3/4  +0.97 3/4
SOYOIL  -CBT   JUL08      62.05      55.83      62.00      +5.65
(¢/lb)  -CBT   AUG08      62.25      56.13      62.33      +5.65
SOYMEAL -CBT   JUL08     346.00     322.20     338.50      +9.00
($/ton) -CBT   AUG08     344.00     319.80     337.50     +11.00

FEEDMILL BIDS on May 05/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           280.00-300.00    280.00-310.00
      -REDDEER        238.80-270.00    227.80-280.00
      -EDMTN          257.20-271.90    227.80-280.00
OATS  -EDMTN               N/A         162.10-168.60
PEAS - EDMTN          205.80-220.50    213.10-220.50
BARLEY-LETH           225.00-238.00    224.00-242.00
      -MH/BRKS        215.00-221.00    212.00-218.00
      -CALGARY        190.60-240.00    190.60-240.00
      -REDDEER        202.10-242.00    199.80-241.00
      -VERM           197.50-202.10    197.50-202.10
      -EDMTN          188.30-242.00    188.30-242.00
      -PEACE R        195.20-202.10    195.20-202.10
CANOLA CRUSHER on May 08/2008
      -Meal (FOB)        250.33           255.67
      -Seed (DEL)        581.83           585.30

ELEVATOR BIDS on May 09/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     243.09           242.17
FEED OATS  -Red Deer     153.90             N/A
FEED BARLEY-Red Deer     209.17           207.86
RYE        -Red Deer     158.50           161.00
FLAXSEED   -Brooks       463.76           433.84
CANOLA     -Red Deer     571.05           538.68

SPECIAL CROP CASH BIDS on May 08/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           381.22     10.38      6.73
     FEED                         180.41      4.91      4.10
     LARGE YELLOW #2 OR BETTER    358.99      9.77      7.24
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 812.95      0.37      0.17
         #1 ESTON                 600.10      0.27      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 $/TONNE) as of May 08/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    473.40   477.60   475.41   263.74    +80.3%
      -CWB #1CWRS VANC*       N/A      N/A    492.54   267.07    +84.4%
      -#1DNS GREAT FALLS      N/A      N/A    381.08   202.85    +87.9%
      -#1DNS PORTLAND         N/A      N/A    407.13   245.52    +65.8%
CORN  -#2 CHICAGO           235.94   231.24   166.77   146.05    +14.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     183.87   188.20   212.25   147.63    +43.8%
      -#2 STOCKTON          329.06   329.77   292.62   217.66    +34.4%
SOYBNS-#1 ILLINOIS          482.29   471.34   411.46   281.99    +45.9%
EXCH RATE May 08/2008: US$ in CANADA$ 1.0171  CANADA$ IN US$ 0.9832
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 04/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #40   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    186.5   8,732.5  10,519.1    -17.0%    -23.5%
 DURUM              84.6   2,566.5   3,361.5    -23.7%    -27.8%
 BARLEY             11.4   2,268.4     957.9   +136.8%   +116.2%
 OATS               62.7   1,579.5   1,363.1    +15.9%     +6.6%
 PEAS                8.0   1,437.1   1,278.2    +12.4%     +6.6%
 FLAXSEED           23.2     419.4     406.7     +3.1%     -7.6%
 CANOLA-EXPORTS    143.8   4,379.0   4,186.5     +4.6%     +0.4%
 CANOLA-CRUSH       72.3   3,039.9   2,603.1    +16.8%     +9.0%
U.S. EXPORTS ('000 TONNES) as of May 01/2008
 WHEAT             532.0  31,164.0  22,091.4    +41.1%    +40.3%
 BARLEY             25.4     788.7     417.7    +88.8%    -20.0%
 CORN              780.5  42,683.7  36,141.4    +18.1%    +17.6%
 SOYBEANS          323.1  25,043.1  25,620.5     -2.3%     -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