Weekly Crop Market Review - May 30, 2008

The next weekly will be published on Friday, June 6, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of May 30/2008
              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
BARLEY  -SASK  JUL08     245.20     219.50     224.70     -17.40
        -SASK  OCT08     253.00     232.00     237.90     -16.10
        -SASK  DEC08     258.00     246.10     247.20     -11.10
CANOLA  -SASK  JUL08     637.10     605.40     620.50      -2.80
        -SASK  NOV08     661.40     629.00     644.90      -3.10
        -SASK  JAN09     671.20     644.20     655.70      -2.90

U.S. FUTURES (U.S. $/BUSHEL) as of May 30/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL08   7.65       7.40       7.59      +0.06 1/2
        -CBT   SEP08   7.80       7.58 1/4   7.74 1/2  +0.06 3/4
WHEAT   -MINN  JUL08  10.62      10.10      10.50      +0.20
        -MINN  SEP08   8.66       8.45       8.65      +0.08
WHEAT   -KANS  JUL08   8.10       7.91 1/2   8.03 1/2  +0.05 3/4
        -KANS  SEP08   8.20 1/2   8.04       8.15 3/4  +0.03 3/4
CORN    -CBT   JUL08   6.01 3/4   5.85       5.92 1/2  -0.07 1/4
        -CBT   SEP08   6.14 1/2   5.98 1/2   6.05 1/2  -0.07 1/4
OATS    -CBT   JUL08   3.90 1/2   3.83 1/4   3.90      +0.04 1/2
        -CBT   SEP08   4.00       3.95 1/2   4.01      +0.04 1/2
SOYBEAN -CBT   JUL08  13.84      13.41      13.72 3/4  +0.04 3/4
        -CBT   AUG08  13.85      13.48      13.75 3/4  +0.05 3/4
        -CBT   SEP08  13.61      13.47      13.62 1/4  +0.04 1/4
SOYOIL  -CBT   JUL08      64.25      61.90      62.65      -0.91
(¢/lb)  -CBT   AUG08      64.53      62.25      62.98      -0.87
SOYMEAL -CBT   JUL08     345.00     329.00     343.70      +7.10
($/ton) -CBT   AUG08     347.50     333.50     345.80      +7.80

FEEDMILL BIDS on May 26/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           270.00-300.00    280.00-300.00
      -REDDEER        238.80-270.00    238.80-270.00
      -EDMTN          257.20-265.00    257.20-270.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          205.80-220.50    205.80-220.50
BARLEY-LETH           230.00-240.00    225.00-250.00
      -MH/BRKS        217.00-230.00    216.00-224.00
      -CALGARY        192.90-250.00    192.90-255.00
      -REDDEER        202.10-254.00    205.30-260.00
      -VERM           206.70-229.70    199.80-203.00
      -EDMTN          192.90-259.00    192.90-220.00
      -PEACE R        197.50-202.10    197.50-202.10
CANOLA CRUSHER on May 28/2008
      -Meal (FOB)        254.33           243.33
      -Seed (DEL)        601.77           595.90

ELEVATOR BIDS on May 30/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     238.45           238.14
FEED OATS  -Red Deer     153.42           153.71
FEED BARLEY-Red Deer       N/A            202.66
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       556.66           525.56
CANOLA     -Red Deer     590.51           604.26

SPECIAL CROP CASH BIDS on May 29/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           396.47     10.79      6.69
     FEED                         180.41      4.91      4.10
     LARGE YELLOW #2 OR BETTER    362.11      9.86      7.00
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 868.62      0.39      0.17
         #1 ESTON                 713.74      0.32      0.15
 MUSTARD #1 YELLOW               1366.86      0.62      0.24
         #1 BROWN                 956.25      0.43      0.19
         #1 ORIENTAL              870.82      0.39      0.18

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 29/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    484.35   480.05   476.16   263.74    +80.5%
      -CWB #1CWRS VANC*     520.07   509.42   494.33   267.07    +85.1%
      -#1DNS GREAT FALLS      N/A    345.23   379.96   202.85    +87.3%
      -#1DNS PORTLAND         N/A      N/A    407.13   245.52    +65.8%
CORN  -#2 CHICAGO           211.15   214.15   170.09   146.05    +16.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     172.81   175.51   209.80   147.63    +42.1%
      -#2 STOCKTON          320.00   318.97   294.54   217.66    +35.3%
SOYBNS-#1 ILLINOIS          478.55   477.91   416.27   281.99    +47.6%
EXCH RATE May 29/2008: US$ in CANADA$  .9891  CANADA$ IN US$ 1.0110
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 25/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #43   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    133.7   9,216.3  11,272.2    -18.2%    -23.5%
 DURUM              99.6   2,751.5   3,659.1    -24.8%    -27.8%
 BARLEY             53.2   2,349.6   1,036.7   +126.6%   +116.2%
 OATS               16.7   1,648.1   1,427.2    +15.5%     +6.6%
 PEAS               49.5   1,542.9   1,344.8    +14.7%     +6.6%
 FLAXSEED            9.5     465.8     452.9     +2.8%     -7.6%
 CANOLA-EXPORTS     43.2   4,653.2   4,536.0     +2.6%     +0.4%
 CANOLA-CRUSH       79.2   3,267.4   2,812.8    +16.2%     +9.0%
U.S. EXPORTS ('000 TONNES) as of May 22/2008
 WHEAT             414.1  32,617.1  23,729.6    +37.5%    +40.8%
 BARLEY             22.9     814.6     418.2    +94.8%   +100.0%
 CORN              981.4  45,491.5  38,887.6    +17.0%    +17.6%
 SOYBEANS          345.7  26,170.8  26,413.4     -0.9%     -2.5%
NOPA SOYBEAN Month Ending: Apr 30/2008
 SOYBEAN CRUSH    3809.2  32,031.1  31,461.2     +1.8%     +1.9%
* From Canadian Grain Commission Calendar