WINNIPEG FUTURES (CDN $/TONNE) as of May 16/2008
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 +0.00
-SASK DEC08 N/A N/A 285.00 +0.00
BARLEY -SASK JUL08 250.50 245.00 244.20 -5.20
-SASK OCT08 257.00 254.90 255.00 -3.40
-SASK DEC08 259.00 259.00 260.10 -3.80
CANOLA -SASK JUL08 638.10 599.80 608.90 -25.30
-SASK NOV08 656.60 621.00 631.50 -21.90
-SASK JAN09 664.90 640.10 642.20 -20.70
U.S. FUTURES (U.S. $/BUSHEL) as of May 16/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL08 8.11 7.67 7.75 1/2 -0.29
-CBT SEP08 8.21 7.82 7.90 -0.28 1/2
WHEAT -MINN JUL08 10.48 9.96 10.04 +0.01
-MINN SEP08 8.95 8.63 8.64 -0.31 3/4
WHEAT -KANS JUL08 8.47 8.16 3/4 8.24 1/4 -0.21 1/4
-KANS SEP08 8.56 8.27 8.36 -0.18
CORN -CBT JUL08 6.25 5.88 5.91 -0.38 1/4
-CBT SEP08 6.36 1/2 6.01 6.03 1/2 -0.37 1/2
OATS -CBT JUL08 4.11 3.94 3.94 -0.19
-CBT SEP08 4.20 1/4 4.05 4.05 -0.20 1/2
SOYBEAN -CBT JUL08 14.02 13.39 13.78 +0.20
-CBT AUG08 13.95 13.36 13.77 1/4 +0.24
-CBT SEP08 13.69 13.08 13.59 1/4 +0.34 1/2
SOYOIL -CBT JUL08 62.45 61.12 61.85 -0.15
(¢/lb) -CBT AUG08 62.65 61.60 62.18 -0.15
SOYMEAL -CBT JUL08 357.00 334.70 350.00 +11.50
($/ton) -CBT AUG08 356.00 335.00 350.50 +13.00
FEEDMILL BIDS on May 12/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 280.00-300.00 280.00-300.00
-REDDEER 238.80-270.00 238.80-270.00
-EDMTN 257.20-271.90 257.20-271.90
OATS -EDMTN N/A N/A
PEAS - EDMTN 205.80-220.50 205.80-220.50
BARLEY-LETH 225.00-245.00 225.00-238.00
-MH/BRKS 216.00-224.00 215.00-221.00
-CALGARY 191.50-248.00 190.60-240.00
-REDDEER 204.40-220.00 202.10-242.00
-VERM 199.80-202.10 197.50-202.10
-EDMTN 188.30-245.00 188.30-242.00
-PEACE R 195.20-202.10 195.20-202.10
CANOLA CRUSHER on May 14/2008
-Meal (FOB) 269.00 250.33
-Seed (DEL) 600.33 581.83
ELEVATOR BIDS on May 16/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 237.77 243.09
FEED OATS -Red Deer 152.67 153.90
FEED BARLEY-Red Deer 210.08 209.17
RYE -Red Deer 160.50 158.50
FLAXSEED -Brooks 509.03 463.76
CANOLA -Red Deer 556.65 571.05
SPECIAL CROP CASH BIDS on May 15/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 398.12 10.84 6.73
FEED 180.41 4.91 4.10
LARGE YELLOW #2 OR BETTER 365.97 9.96 7.24
$/Lb $/Lb
LENTILS #1 LAIRD 873.02 0.40 0.17
#1 ESTON 686.19 0.31 0.15
MUSTARD #1 YELLOW 1366.86 0.62 0.23
#1 BROWN 953.49 0.43 0.19
#1 ORIENTAL 815.70 0.37 0.16
WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 15/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 494.25 473.40 475.86 263.74 +80.4%
-CWB #1CWRS VANC* 498.39 N/A 492.76 267.07 +84.5%
-#1DNS GREAT FALLS N/A N/A 381.08 202.85 +87.9%
-#1DNS PORTLAND N/A N/A 407.13 245.52 +65.8%
CORN -#2 CHICAGO 221.05 235.94 168.06 146.05 +15.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 180.78 183.87 211.50 147.63 +43.3%
-#2 STOCKTON 323.53 329.06 293.35 217.66 +34.8%
SOYBNS-#1 ILLINOIS 489.24 482.29 413.32 281.99 +46.6%
EXCH RATE May 15/2008: US$ in CANADA$ 1.0000 CANADA$ IN US$ 1.0000
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 11/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #41 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 204.1 8,936.6 10,811.5 -17.3% -23.5%
DURUM 48.2 2,614.7 3,448.9 -24.2% -27.8%
BARLEY 20.9 2,289.3 971.5 +135.6% +116.2%
OATS 43.5 1,623.0 1,380.1 +17.6% +6.6%
PEAS 56.3 1,493.4 1,310.4 +14.0% +6.6%
FLAXSEED 20.7 440.1 415.7 +5.9% -7.6%
CANOLA-EXPORTS 115.6 4,494.6 4,277.9 +5.1% +0.4%
CANOLA-CRUSH 74.9 3,114.8 2,666.8 +16.8% +9.0%
U.S. EXPORTS ('000 TONNES) as of May 08/2008
WHEAT 560.4 31,815.3 22,735.8 +39.9% +40.8%
BARLEY N/A 789.5 417.7 +89.0% +100.0%
CORN 870.3 43,687.9 37,180.7 +17.5% +17.6%
SOYBEANS 357.5 25,500.2 25,860.2 -1.4% -2.5%
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
