Weekly Crop Market Review - August 15, 2008

The next weekly will be published on Friday, August 22, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Aug 15/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  OCT08        N/A        N/A     285.00      +0.00
BARLEY  -SASK  OCT08     224.00     214.50     219.00      +1.00
        -SASK  DEC08     233.50     224.50     227.80      +2.30
        -SASK  MAR09        N/A        N/A     233.30      +2.30
CANOLA  -SASK  NOV08     562.00     509.30     542.80      +7.80
        -SASK  JAN09     572.40     529.00     553.60      +7.60
        -SASK  MAR09     582.80     537.20     563.40      +7.20

U.S. FUTURES (U.S. $/BUSHEL) as of Aug 15/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP08   8.87       7.62       8.24 1/4  +0.59
        -CBT   DEC08   9.11       7.89       8.49 1/4  +0.59
WHEAT   -MINN  SEP08   9.75       8.55       9.12 1/4  +0.54 1/4
        -MINN  DEC08   9.75       8.62       9.22 1/2  +0.56 1/2
WHEAT   -KANS  SEP08   9.20       8.00       8.63 1/4  +0.59 1/2
        -KANS  DEC08   9.42       8.23       8.85      +0.64 1/4
CORN    -CBT   SEP08   5.59 1/2   4.85 1/2   5.29 3/4  +0.31 1/4
        -CBT   DEC08   5.79       5.05       5.49 1/2  +0.31 1/4
OATS    -CBT   SEP08   3.88 1/2   3.55 1/4   3.73 1/2  +0.17 1/2
        -CBT   DEC08   4.08       3.73       3.93      +0.17 3/4
SOYBEAN -CBT   SEP08  12.77 1/2  11.80      12.11 1/2  +0.34 1/2
        -CBT   NOV08  12.86      11.80      12.19      +0.38 1/2
        -CBT   JAN09  13.03      12.00      12.36 3/4  +0.38 1/2
SOYOIL  -CBT   SEP08      52.47      49.72      50.04      -0.53
(¢/lb)  -CBT   OCT08      52.76      50.05      50.33      -0.54
SOYMEAL -CBT   SEP08     355.50     320.00     332.80     +13.00
($/ton) -CBT   OCT08     350.00     312.50     330.40     +18.00

FEEDMILL BIDS on Aug 11/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           240.00-260.00    260.00-285.00
      -REDDEER        257.20-260.00    257.20-260.00
      -EDMTN          249.90-265.00    249.90-265.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN               N/A              N/A
BARLEY-LETH           210.00-235.00    235.00-248.00
      -MH/BRKS        221.00-225.00    230.00-232.00
      -CALGARY        225.10-235.00    215.90-245.00
      -REDDEER        218.20-238.00    218.20-248.00
      -VERM           202.10-206.70    202.10-211.30
      -EDMTN          206.70-241.00    206.70-251.00
      -PEACE R        199.80-202.10    202.10-202.20
CANOLA CRUSHER on Aug 13/2008
      -Meal (FOB)        259.26           219.42
      -Seed (DEL)        526.64           525.00

ELEVATOR BIDS on Aug 15/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     217.34           217.34
FEED OATS  -Red Deer     159.22           161.08
FEED BARLEY-Red Deer     168.64           165.81
RYE        -Red Deer     216.13             N/A
FLAXSEED   -Brooks       535.01           455.09
CANOLA     -Red Deer     475.68           475.15

SPECIAL CROP CASH BIDS on Aug 14/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           349.06      9.50      6.04
     FEED                         175.82      4.79      4.29
     LARGE YELLOW #2 OR BETTER    306.63      8.35      6.19
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 772.71      0.35      0.18
         #1 ESTON                 742.73      0.34      0.16
 MUSTARD #1 YELLOW               1433.00      0.65      0.24
         #1 BROWN                 925.94      0.42      0.19
         #1 ORIENTAL              898.38      0.41      0.16

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 14/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    447.00   399.55   414.87   466.99    -11.2%
      -CWB #1CWRS VANC*       N/A    404.57   404.57   485.04    -16.6%
      -#1DNS GREAT FALLS    353.19   319.59   330.12   374.44    -11.8%
      -#1DNS PORTLAND       414.53   367.18   378.72   402.31     -5.9%
CORN  -#2 CHICAGO           214.64   197.84   210.39   183.26    +14.8%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     209.22   207.19   204.84   207.48     -1.3%
      -#2 STOCKTON          348.70   345.32   343.28   299.99    +14.4%
SOYBNS-#1 ILLINOIS          496.77   480.35   502.42   440.20    +14.1%
EXCH RATE Aug 14/2008: US$ in CANADA$ 1.0633  CANADA$ IN US$ 0.9405
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Aug 03/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 1   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)     N/A      N/A       N/A       N/A      -23.5%
 DURUM              N/A      N/A       N/A       N/A      -27.8%
 BARLEY             N/A      N/A       N/A       N/A     +168.1%
 OATS               N/A      N/A       N/A       N/A      +17.8%
 PEAS               N/A      N/A       N/A       N/A       +6.6%
 FLAXSEED           N/A      N/A       N/A       N/A       -1.7%
 CANOLA-EXPORTS     N/A      N/A       N/A       N/A       -1.4%
 CANOLA-CRUSH       90.7      90.7      64.0    +41.9%    +14.6%
U.S. EXPORTS ('000 TONNES) as of Aug 07/2008
 WHEAT             839.3   6,151.3   5,166.6    +19.1%    -20.9%
 BARLEY             N/A       27.0      22.7    +19.1%    -39.0%
 CORN              910.0  56,145.2  48,977.7    +14.6%    +14.1%
 SOYBEANS          274.7  29,627.5  29,115.8     +1.8%     +2.6%
NOPA SOYBEAN Month Ending: Jun 30/2008
 SOYBEAN CRUSH    3633.6  39,583.8  39,215.9     +0.9%     +1.2%
* From Canadian Grain Commission Calendar