Weekly Crop Market Review - July 4, 2008

The next weekly will be published on Friday, July 11, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Jul 04/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  OCT08        N/A        N/A     285.00      +0.00
BARLEY  -SASK  OCT08     281.00     254.00     280.00     +23.10
        -SASK  DEC08     285.00     264.00     285.00     +20.00
        -SASK  MAR09     292.70     292.70     291.90     +20.90
CANOLA  -SASK  NOV08     710.80     680.30     709.50     +19.50
        -SASK  JAN09     722.40     693.00     722.10     +21.00
        -SASK  MAR09     731.80     704.60     731.10     +19.20

U.S. FUTURES (U.S. $/BUSHEL) as of Jul 04/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP08   9.05       8.56       8.87 1/2  -0.24 1/2
        -CBT   DEC08   9.27       8.81       9.10 1/4  -0.25 1/4
WHEAT   -MINN  SEP08   9.98       9.26       9.38            N/A
        -MINN  DEC08  10.09       9.44       9.55            N/A
WHEAT   -KANS  SEP08   9.35       8.87 1/2   9.12 1/4  -0.32 3/4
        -KANS  DEC08   9.60       9.10       9.35      -0.31
CORN    -CBT   SEP08   7.62 3/4   7.16 3/4   7.57 3/4  -0.10
        -CBT   DEC08   7.82 1/2   7.36 1/4   7.77      -0.10
OATS    -CBT   SEP08   4.68       4.40       4.67 3/4  +0.22
        -CBT   DEC08   4.86       4.55 1/2   4.86      +0.21 3/4
SOYBEAN -CBT   AUG08  16.52      15.60      16.49      +0.70
        -CBT   SEP08  16.42      15.40      16.37 1/4  +0.70 3/4
        -CBT   NOV08  16.35 1/2  15.31      16.31      +0.71 1/2
SOYOIL  -CBT   AUG08      67.95      64.90      67.53      +1.63
(¢/lb)  -CBT   SEP08      68.35      65.32      67.90      +1.62
SOYMEAL -CBT   AUG08     445.00     415.00     445.70     +21.00
($/ton) -CBT   SEP08     440.00     410.00     440.30     +18.60

FEEDMILL BIDS on Jun 30/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           275.00-285.00    270.00-300.00
      -REDDEER        257.20-275.00    257.20-270.00
      -EDMTN          271.90-275.60    249.90-275.60
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          205.80-249.90    205.80-220.50
BARLEY-LETH           240.00-260.00    235.00-263.00
      -MH/BRKS        229.70-238.00    235.00-235.10
      -CALGARY        225.10-265.00    225.10-259.00
      -REDDEER        218.20-268.00    218.20-263.00
      -VERM           206.70-206.80    202.10-218.20
      -EDMTN          202.10-271.00    202.10-268.00
      -PEACE R        195.20-202.10    195.20-202.10
CANOLA CRUSHER on Jul 02/2008
      -Meal (FOB)        353.33           319.33
      -Seed (DEL)        678.33           646.37

ELEVATOR BIDS on Jul 04/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     229.69           229.69
FEED OATS  -Red Deer     186.19           182.35
FEED BARLEY-Red Deer     233.81           228.06
RYE        -Red Deer     300.38           161.20
FLAXSEED   -Brooks       636.97           610.20
CANOLA     -Red Deer     650.45           622.61

SPECIAL CROP CASH BIDS on Jul 03/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           401.98     10.94      6.04
     FEED                         166.63      4.54      4.10
     LARGE YELLOW #2 OR BETTER    370.56     10.09      6.33
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 884.60      0.40      0.17
         #1 ESTON                 741.30      0.34      0.15
 MUSTARD #1 YELLOW               1408.19      0.64      0.23
         #1 BROWN                 923.18      0.42      0.19
         #1 ORIENTAL              978.30      0.44      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jul 03/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    424.40   446.05   471.32   263.74    +78.7%
      -CWB #1CWRS VANC*     433.92   448.27   487.39   267.07    +82.5%
      -#1DNS GREAT FALLS      N/A    368.90   379.62   202.85    +87.1%
      -#1DNS PORTLAND         N/A    412.46   407.31   245.52    +65.9%
CORN  -#2 CHICAGO           282.66   284.67   180.33   146.05    +23.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     201.02   199.90   207.77   147.63    +40.7%
      -#2 STOCKTON          329.61   327.77   298.08   217.66    +36.9%
SOYBNS-#1 ILLINOIS          616.17   585.64   432.85   281.99    +53.5%
EXCH RATE Jul 03/2008: US$ in CANADA$ 1.0188  CANADA$ IN US$ 0.9815
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jun 29/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #48   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    326.7  10,797.1  12,832.1    -15.9%    -23.5%
 DURUM              34.6   2,990.9   4,135.0    -27.7%    -27.8%
 BARLEY              5.3   2,867.1   1,067.1   +168.7%   +116.2%
 OATS               54.0   1,832.0   1,479.2    +23.9%     +6.6%
 PEAS               N/A    1,586.8   1,466.0     +8.2%     +6.6%
 FLAXSEED            1.2     496.2     512.1     -3.1%     -7.6%
 CANOLA-EXPORTS     94.0   5,153.0   5,062.4     +1.8%     +0.4%
 CANOLA-CRUSH       76.6   3,637.2   3,112.8    +16.8%     +9.0%
U.S. EXPORTS ('000 TONNES) as of Jun 26/2008
 WHEAT             408.3   1,787.5   1,859.6     -3.9%    -20.9%
 BARLEY             N/A       16.8      13.3    +26.2%    -37.5%
 CORN             1006.0  50,601.0  43,548.3    +16.2%    +15.3%
 SOYBEANS          501.9  27,836.8  27,775.8     +0.2%     -0.7%
NOPA SOYBEAN Month Ending: May 31/2008
 SOYBEAN CRUSH    3901.4  35,932.5  35,362.7     +1.6%     +1.9%
* From Canadian Grain Commission Calendar