Weekly Crop Market Review - August 8, 2008

The next weekly will be published on Friday, August 15, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Aug 08/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  OCT08        N/A        N/A     285.00      +0.00
BARLEY  -SASK  OCT08     239.90     215.00     218.00     -15.60
        -SASK  DEC08     240.00     224.00     225.50     -16.10
        -SASK  MAR09     229.00     229.00     231.00     -16.60
CANOLA  -SASK  NOV08     581.20     530.90     535.00     -64.50
        -SASK  JAN09     590.40     544.40     546.00     -65.60
        -SASK  MAR09     593.00     554.10     556.20     -64.10

U.S. FUTURES (U.S. $/BUSHEL) as of Aug 08/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP08   8.25 3/4   7.49       7.65 1/4  -0.28 3/4
        -CBT   DEC08   8.50 1/2   7.75       7.90 1/4  -0.28 3/4
WHEAT   -MINN  SEP08   9.13 3/4   8.31       8.58      -0.16
        -MINN  DEC08   9.19       8.45       8.66      -0.20 1/2
WHEAT   -KANS  SEP08   8.52       7.85       8.03 3/4  -0.18 1/2
        -KANS  DEC08   8.75 1/2   8.09 1/2   8.20 3/4  -0.28 1/4
CORN    -CBT   SEP08   5.60       4.94 1/2   4.98 1/2  -0.66 1/2
        -CBT   DEC08   5.77 1/2   5.13 3/4   5.18 1/4  -0.66 3/4
OATS    -CBT   SEP08   3.68       3.52 1/4   3.56      -0.12
        -CBT   DEC08   3.89       3.70       3.75 1/4  -0.12 1/4
SOYBEAN -CBT   SEP08  13.26      11.73      11.77      -1.78 1/2
        -CBT   NOV08  13.38      11.74      11.80 1/2  -1.84 1/2
        -CBT   JAN09  13.55      11.92      11.98 1/4  -1.84 3/4
SOYOIL  -CBT   SEP08      55.90      50.05      50.57      -6.26
(¢/lb)  -CBT   OCT08      56.25      50.70      50.87      -6.29
SOYMEAL -CBT   SEP08     362.00     319.50     319.80     -48.60
($/ton) -CBT   OCT08     356.00     312.50     312.40     -51.60

FEEDMILL BIDS on Aug 04/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           260.00-285.00    260.00-285.00
      -REDDEER        257.20-260.00         N/A
      -EDMTN          249.90-265.00    249.90-271.90
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN               N/A              N/A
BARLEY-LETH           235.00-248.00    225.00-245.00
      -MH/BRKS        230.00-232.00    235.00-250.00
      -CALGARY        215.90-245.00    225.10-258.00
      -REDDEER        218.20-248.00    218.20-250.00
      -VERM           202.10-211.30    202.10-211.30
      -EDMTN          206.70-251.00    206.70-252.00
      -PEACE R        202.10-202.20    195.20-202.10
CANOLA CRUSHER on Aug 06/2008
      -Meal (FOB)        219.42           272.33
      -Seed (DEL)        525.00           577.27

ELEVATOR BIDS on Aug 08/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     217.34           227.11
FEED OATS  -Red Deer     161.08           174.54
FEED BARLEY-Red Deer     165.81           193.52
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       455.09           612.96
CANOLA     -Red Deer     475.15           527.23

SPECIAL CROP CASH BIDS on Aug 07/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           356.41      9.70      6.04
     FEED                         175.82      4.79      4.29
     LARGE YELLOW #2 OR BETTER    316.00      8.60      6.25
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 774.92      0.35      0.18
         #1 ESTON                 738.54      0.33      0.16
 MUSTARD #1 YELLOW               1267.65      0.57      0.24
         #1 BROWN                 959.01      0.43      0.19
         #1 ORIENTAL              901.13      0.41      0.16

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 07/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    399.55   398.05   398.80   466.99    -14.6%
      -CWB #1CWRS VANC*     404.57     N/A    404.57   485.04    -16.6%
      -#1DNS GREAT FALLS    319.59   317.56   318.58   374.44    -14.9%
      -#1DNS PORTLAND       367.18   354.44   360.81   402.31    -10.3%
CORN  -#2 CHICAGO           197.84   218.70   208.27   183.26    +13.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     207.19   198.10   202.65   207.48     -2.3%
      -#2 STOCKTON          345.32   335.81   340.56   299.99    +13.5%
SOYBNS-#1 ILLINOIS          480.35   530.14   505.25   440.20    +14.8%
EXCH RATE Aug 07/2008: US$ in CANADA$ 1.0530  CANADA$ IN US$ 0.9497
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jul 27/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #52   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    410.8  11,726.2  14,073.4    -16.7%    -23.5%
 DURUM              14.4   3,123.9   4,415.3    -29.2%    -27.8%
 BARLEY              6.0   2,941.8   1,144.7   +157.0%   +168.1%
 OATS               52.5   1,965.0   1,552.3    +26.6%    +17.8%
 PEAS                 .1   1,635.6   1,492.5     +9.6%     +6.6%
 FLAXSEED           32.4     545.1     579.2     -5.9%     -1.7%
 CANOLA-EXPORTS    206.4   5,546.1   5,426.7     +2.2%     -1.4%
 CANOLA-CRUSH       76.2   3,947.2   3,373.2    +17.0%    +14.6%
U.S. EXPORTS ('000 TONNES) as of Jul 31/2008
 WHEAT             746.7   5,254.9   4,404.0    +19.3%    -21.1%
 BARLEY             N/A       25.6      14.8    +72.9%    -39.0%
 CORN              753.7  55,125.5  47,838.2    +15.2%    +15.3%
 SOYBEANS          205.6  29,226.8  28,975.4     +0.9%     +2.4%
NOPA SOYBEAN Month Ending: Jun 30/2008
 SOYBEAN CRUSH    3633.6  39,583.8  39,215.9     +0.9%     +1.8%
* From Canadian Grain Commission Calendar