Weekly Crop Market Review - July 11, 2008

The next weekly will be published on Friday, July 18, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Jul 11/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  OCT08        N/A        N/A     285.00      +0.00
BARLEY  -SASK  OCT08     276.50     261.50     270.20      -9.80
        -SASK  DEC08     283.10     271.00     275.00     -10.00
        -SASK  MAR09     280.00     280.00     281.30     -10.60
CANOLA  -SASK  NOV08     705.80     672.00     681.20     -28.30
        -SASK  JAN09     713.20     687.10     692.90     -29.20
        -SASK  MAR09     726.10     696.40     703.50     -27.60

U.S. FUTURES (U.S. $/BUSHEL) as of Jul 11/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP08   8.58       8.12       8.30 3/4  -0.56 3/4
        -CBT   DEC08   8.80       8.36       8.55      -0.55 1/4
WHEAT   -MINN  SEP08   9.13       8.60       8.96 1/2  -0.41 1/2
        -MINN  DEC08   9.31 1/2   8.86       9.09 3/4  -0.45 1/4
WHEAT   -KANS  SEP08   9.61       8.44       8.64 1/2  -0.47 3/4
        -KANS  DEC08   9.85       8.68 1/2   8.86      -0.49
CORN    -CBT   SEP08   7.27 3/4   6.77       6.91      -0.66 3/4
        -CBT   DEC08   7.47       6.95       7.09 1/4  -0.67 3/4
OATS    -CBT   SEP08   4.50       4.21 1/4   4.49 1/2  -0.18 1/4
        -CBT   DEC08   4.71 3/4   4.36       4.67 1/2  -0.18 1/2
SOYBEAN -CBT   AUG08  16.32      15.10      16.15 1/2  -0.33 1/2
        -CBT   SEP08  16.20      15.00      16.05 1/2  -0.31 3/4
        -CBT   NOV08  16.17      14.83      15.96      -0.35
SOYOIL  -CBT   AUG08      66.45      62.75      64.63      -2.90
(¢/lb)  -CBT   SEP08      65.70      63.10      64.98      -2.92
SOYMEAL -CBT   AUG08     447.80     405.50     445.90      +0.20
($/ton) -CBT   SEP08     442.00     400.80     441.10      +0.80

FEEDMILL BIDS on Jul 07/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           275.00-315.00    275.00-285.00
      -REDDEER             N/A         257.20-275.00
      -EDMTN          249.90-271.90    271.90-275.60
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          205.80-220.50    205.80-249.90
BARLEY-LETH           235.00-270.00    240.00-260.00
      -MH/BRKS        238.00-250.00    229.70-238.00
      -CALGARY        225.10-235.00    225.10-265.00
      -REDDEER        218.20-230.00    218.20-268.00
      -VERM           206.70-206.80    206.70-206.80
      -EDMTN          197.50-230.00    202.10-271.00
      -PEACE R        156.20-202.10    195.20-202.10
CANOLA CRUSHER on Jul 09/2008
      -Meal (FOB)        336.22           353.33
      -Seed (DEL)        636.17           678.33

ELEVATOR BIDS on Jul 11/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     227.61           229.69
FEED OATS  -Red Deer     194.27           186.19
FEED BARLEY-Red Deer     201.20           233.81
RYE        -Red Deer     201.01           229.44
FLAXSEED   -Brooks       652.33           636.97
CANOLA     -Red Deer     591.25           650.45

SPECIAL CROP CASH BIDS on Jul 10/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           387.28     10.54      6.04
     FEED                         166.63      4.54      4.10
     LARGE YELLOW #2 OR BETTER    365.60      9.95      6.33
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 873.58      0.40      0.17
         #1 ESTON                 735.79      0.33      0.15
 MUSTARD #1 YELLOW               1264.90      0.57      0.23
         #1 BROWN                 931.45      0.42      0.19
         #1 ORIENTAL              790.91      0.36      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jul 10/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    400.25   424.40   469.87   263.74    +78.2%
      -CWB #1CWRS VANC*     407.51   433.92   485.04   267.07    +81.6%
      -#1DNS GREAT FALLS    318.50     N/A    377.82   202.85    +86.3%
      -#1DNS PORTLAND       354.84     N/A    405.57   245.52    +65.2%
CORN  -#2 CHICAGO           252.26   282.66   181.77   146.05    +24.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     201.89   201.02   207.65   147.63    +40.7%
      -#2 STOCKTON          330.92   329.61   298.74   217.66    +37.2%
SOYBNS-#1 ILLINOIS          594.92   616.17   436.10   281.99    +54.7%
EXCH RATE Jul 10/2008: US$ in CANADA$ 1.0091  CANADA$ IN US$ 0.9910
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jul 06/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #49   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)     97.9  10,895.0  13,106.0    -16.9%    -23.5%
 DURUM               7.9   2,998.8   4,181.5    -28.3%    -27.8%
 BARLEY              5.6   2,872.7   1,102.6   +160.5%   +168.1%
 OATS               35.1   1,867.1   1,486.0    +25.6%    +17.8%
 PEAS               N/A    1,586.8   1,466.0     +8.2%     +6.6%
 FLAXSEED             .2     496.4     542.0     -8.4%     -1.7%
 CANOLA-EXPORTS    110.7   5,263.8   5,122.9     +2.8%     -1.4%
 CANOLA-CRUSH       76.3   3,713.4   3,183.7    +16.6%    +14.6%
U.S. EXPORTS ('000 TONNES) as of Jul 03/2008
 WHEAT             501.1   2,362.6   2,195.7     +7.6%    -21.1%
 BARLEY             N/A       20.7      13.9    +49.2%    -39.0%
 CORN              823.6  51,426.8  44,149.5    +16.5%    +15.3%
 SOYBEANS          247.5  28,090.4  27,931.0     +0.6%     +2.4%
NOPA SOYBEAN Month Ending: May 31/2008
 SOYBEAN CRUSH    3901.4  35,932.5  35,362.7     +1.6%     +1.8%
* From Canadian Grain Commission Calendar