Weekly Crop Market Review - July 25, 2008

The next weekly will be published on Friday, August 1, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Jul 25/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  OCT08        N/A        N/A     285.00      +0.00
BARLEY  -SASK  OCT08     252.30     235.00     238.10     -15.30
        -SASK  DEC08     259.50     246.50     246.50     -14.50
        -SASK  MAR09     254.50     254.50     252.50     -13.50
CANOLA  -SASK  NOV08     633.70     590.20     602.40     -32.20
        -SASK  JAN09     638.60     604.70     614.00     -32.30
        -SASK  MAR09     637.00     615.80     622.30     -33.90

U.S. FUTURES (U.S. $/BUSHEL) as of Jul 25/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP08   8.21       7.75 1/2   8.11      +0.07
        -CBT   DEC08   8.45 1/2   7.99       8.34 1/2  +0.06
WHEAT   -MINN  SEP08   8.90       8.53 1/2   8.86      -0.02
        -MINN  DEC08   9.03       8.68       8.96 1/4  +0.01 1/4
WHEAT   -KANS  SEP08   8.45 1/2   8.07       8.32 1/4  -0.05 1/2
        -KANS  DEC08   8.69       8.31 1/2   8.58      -0.00 3/4
CORN    -CBT   SEP08   6.05       5.44       5.77 1/4  -0.32 1/4
        -CBT   DEC08   6.24       5.63       5.96 1/2  -0.32
OATS    -CBT   SEP08   3.95       3.82       3.84      -0.16 1/4
        -CBT   DEC08   4.12 1/2   3.98       4.01 1/2  -0.15 1/4
SOYBEAN -CBT   AUG08  14.58      13.70      13.98 3/4  -0.71 1/4
        -CBT   SEP08  14.45      13.60      13.88 1/2  -0.70
        -CBT   NOV08  14.37      13.56      13.86 1/2  -0.61 1/2
SOYOIL  -CBT   AUG08      61.35      58.15      59.17      -2.92
(¢/lb)  -CBT   SEP08      61.65      58.50      59.48      -2.98
SOYMEAL -CBT   AUG08     390.00     369.50     374.70     -21.60
($/ton) -CBT   SEP08     386.00     363.50     369.00     -22.30

FEEDMILL BIDS on Jul 21/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           255.00-285.10    285.00-298.00
      -REDDEER             N/A              N/A
      -EDMTN          249.90-271.90    249.90-271.90
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          205.80-220.50    205.80-220.50
BARLEY-LETH           240.00-260.00    245.00-260.00
      -MH/BRKS        238.00-250.00    237.00-243.00
      -CALGARY        225.10-245.00    225.10-245.00
      -REDDEER        218.20-268.00    218.20-268.00
      -VERM           202.10-211.30    206.70-206.80
      -EDMTN          211.30-271.00    197.50-271.00
      -PEACE R        202.10-202.20    156.20-202.10
CANOLA CRUSHER on Jul 23/2008
      -Meal (FOB)        272.61           329.60
      -Seed (DEL)        562.93           629.27

ELEVATOR BIDS on Jul 25/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     227.11           227.11
FEED OATS  -Red Deer     174.54           193.71
FEED BARLEY-Red Deer     198.52           200.75
RYE        -Red Deer     235.35           231.41
FLAXSEED   -Brooks       607.05           651.15
CANOLA     -Red Deer     535.43           563.68

SPECIAL CROP CASH BIDS on Jul 24/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           378.09     10.29      5.96
     FEED                         166.63      4.54      4.29
     LARGE YELLOW #2 OR BETTER    352.37      9.59      6.21
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 795.87      0.36      0.17
         #1 ESTON                 724.76      0.33      0.15
 MUSTARD #1 YELLOW               1264.90      0.57      0.24
         #1 BROWN                 956.25      0.43      0.19
         #1 ORIENTAL              768.86      0.35      0.16

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jul 24/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    392.10   400.65   466.99   263.74    +77.1%
      -CWB #1CWRS VANC*       N/A      N/A    485.04   267.07    +81.6%
      -#1DNS GREAT FALLS    315.36   318.52   374.44   202.85    +84.6%
      -#1DNS PORTLAND       355.01   351.81   402.31   245.52    +63.9%
CORN  -#2 CHICAGO           214.42   231.77   183.36   146.05    +25.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     204.97   201.43   207.48   147.63    +40.5%
      -#2 STOCKTON          332.30   330.17   299.99   217.66    +37.8%
SOYBNS-#1 ILLINOIS          523.67   561.93   440.20   281.99    +56.1%
EXCH RATE Jul 24/2008: US$ in CANADA$ 1.0133  CANADA$ IN US$ 0.9869
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jul 13/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #50   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)     71.2  10,966.2  13,319.7    -17.7%    -23.5%
 DURUM              42.4   3,041.2   4,241.3    -28.3%    -27.8%
 BARLEY              7.3   2,880.0   1,105.8   +160.4%   +168.1%
 OATS               24.3   1,891.4   1,509.0    +25.3%    +17.8%
 PEAS               50.3   1,637.1   1,466.0    +11.7%     +6.6%
 FLAXSEED           12.7     509.1     548.8     -7.2%     -1.7%
 CANOLA-EXPORTS     50.5   5,314.3   5,189.5     +2.4%     -1.4%
 CANOLA-CRUSH       82.5   3,795.9   3,252.6    +16.7%    +14.6%
U.S. EXPORTS ('000 TONNES) as of Jul 17/2008
 WHEAT             772.3   3,817.3   3,095.7    +23.3%    -21.1%
 BARLEY               .7      24.5      12.5    +96.3%    -39.0%
 CORN              758.0  53,272.6  46,136.6    +15.5%    +15.3%
 SOYBEANS           96.9  28,573.1  28,301.1     +1.0%     +2.4%
NOPA SOYBEAN Month Ending: May 31/2008
 SOYBEAN CRUSH    3919.1  35,950.2  35,362.7     +1.7%     +1.8%
* From Canadian Grain Commission Calendar