Weekly Crop Market Review - August 29, 2008

The next weekly will be published on Friday, September 5, 2008
This information is collected by the Statistics and Data Development Unit


WINNIPEG FUTURES (CDN $/TONNE) as of Aug 29/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  OCT08     231.00     219.00     223.90      -7.10
        -SASK  DEC08     239.40     227.00     232.30      -6.20
        -SASK  MAR09     237.40     236.40     238.90      -5.10
CANOLA  -SASK  NOV08     571.50     522.60     546.10      -8.60
        -SASK  JAN09     570.60     539.70     557.40      -8.80
        -SASK  MAR09     580.10     550.80     568.40      -8.10

U.S. FUTURES (U.S. $/BUSHEL) as of Aug 29/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP08   8.78       7.80       7.79 1/4  -0.86 1/4
        -CBT   DEC08   9.05       7.98       8.01 1/4  -0.89 1/4
WHEAT   -MINN  SEP08   9.45       8.54       8.61      -0.76 1/2
        -MINN  DEC08   9.63       8.66       8.69 3/4  -0.82 1/4
WHEAT   -KANS  SEP08   9.11       8.16       8.18 3/4  -0.81 1/4
        -KANS  DEC08   9.35       8.36       8.39 1/2  -0.83 1/2
CORN    -CBT   SEP08   6.02       5.64       5.68 1/4  -0.18 1/4
        -CBT   DEC08   6.23       5.81 1/4   5.85      -0.21 1/2
OATS    -CBT   SEP08   3.65       3.41 1/2   3.45 1/4  -0.19 3/4
        -CBT   DEC08   3.93 1/2   3.55 1/2   3.62 1/4  -0.21 3/4
SOYBEAN -CBT   SEP08  13.61      13.16      13.32      +0.11
        -CBT   NOV08  13.71      13.07 1/2  13.24      -0.03
        -CBT   JAN09  13.86      13.28      13.41 1/2  -0.03
SOYOIL  -CBT   SEP08      54.95      52.67      53.40      -0.75
(¢/lb)  -CBT   OCT08      55.12      52.95      53.67      -0.75
SOYMEAL -CBT   SEP08     373.00     360.00     367.40      +7.10
($/ton) -CBT   OCT08     369.50     355.00     358.40      +1.10

FEEDMILL BIDS on Aug 25/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           230.00-285.00    230.00-250.00
      -REDDEER             N/A         229.60-235.00
      -EDMTN          230.00-264.60    216.80-264.60
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          183.70-220.50    183.70-220.50
BARLEY-LETH           210.00-230.00    208.00-225.00
      -MH/BRKS        215.00-216.00    210.00-218.00
      -CALGARY        211.30-240.00    208.00-230.00
      -REDDEER        200.00-235.00    208.00-235.00
      -VERM           160.80-183.70    156.20-179.10
      -EDMTN          183.70-238.00    174.50-238.00
      -PEACE R        183.70-202.10    183.70-199.80
CANOLA CRUSHER on Aug 27/2008
      -Meal (FOB)        266.67           254.87
      -Seed (DEL)        510.70           543.13

ELEVATOR BIDS on Aug 29/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     212.34           212.34
FEED OATS  -Red Deer     158.17           172.44
FEED BARLEY-Red Deer     169.67           172.28
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       526.35           547.22
CANOLA     -Red Deer     463.95           485.27

SPECIAL CROP CASH BIDS on Aug 28/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           341.35      9.29      6.19
     FEED                         165.16      4.50      4.23
     LARGE YELLOW #2 OR BETTER    276.87      7.54      6.35
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 790.35      0.36      0.20
         #1 ESTON                 720.69      0.33      0.17
 MUSTARD #1 YELLOW               1096.80      0.50      0.25
         #1 BROWN                 986.59      0.45      0.20
         #1 ORIENTAL              898.38      0.41      0.16

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 28/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    412.10   446.40   420.62   466.99     -9.9%
      -CWB #1CWRS VANC*       N/A    455.13   429.85   485.04    -11.4%
      -#1DNS GREAT FALLS    319.26   351.00   332.12   374.44    -11.3%
      -#1DNS PORTLAND         N/A      N/A    378.72   402.31     -5.9%
CORN  -#2 CHICAGO           223.62   228.42   216.64   183.26    +18.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     201.76   203.69   203.99   207.48     -1.7%
      -#2 STOCKTON          344.96   342.37   343.43   299.99    +14.5%
SOYBNS-#1 ILLINOIS          401.97   517.10   485.27   440.20    +10.2%
EXCH RATE Aug 28/2008: US$ in CANADA$ 1.0519  CANADA$ IN US$ 0.9507
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Aug 24/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 4   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    250.3     621.3   1,068.7    -41.9%    -23.5%
 DURUM             109.8     182.6     282.6    -35.4%    -27.8%
 BARLEY               .9      16.0       7.6   +110.5%   +168.1%
 OATS               56.4     132.3     116.1    +14.0%    +17.8%
 PEAS               N/A      N/A        51.3   -100.0%     +6.6%
 FLAXSEED            9.9      43.5      51.6    -15.7%     -1.7%
 CANOLA-EXPORTS     39.8     329.1     373.9    -12.0%     -1.4%
 CANOLA-CRUSH       52.6     281.3     279.7     +0.6%    +14.6%
U.S. EXPORTS ('000 TONNES) as of Aug 21/2008
 WHEAT             645.9   7,875.6   7,400.9     +6.4%    -20.9%
 BARLEY               .4      32.3      25.8    +25.0%    -39.0%
 CORN              776.3  58,208.0  51,001.1    +14.1%    +14.1%
 SOYBEANS          208.6  30,044.4  29,765.6     +0.9%     +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