Weekly Crop Market Review - September 5, 2008

The next weekly will be published on Friday, September 12, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Sep 05/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  OCT08     225.00     210.00     215.00      -8.90
        -SASK  DEC08     233.50     216.00     221.90     -10.40
        -SASK  MAR09     228.40     226.20     228.40     -10.50
CANOLA  -SASK  NOV08     543.70     506.90     508.60     -37.50
        -SASK  JAN09     552.70     516.00     519.30     -38.10
        -SASK  MAR09     562.00     527.00     528.80     -39.60

U.S. FUTURES (U.S. $/BUSHEL) as of Sep 05/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC08   7.85       7.45 1/2   7.51 1/2  -0.49 3/4
        -CBT   MAR09   8.06       7.69 1/2   7.74 3/4  -0.50 1/2
WHEAT   -MINN  DEC08   8.54       8.10       8.15 1/4  -0.54 1/2
        -MINN  MAR09   8.66       8.29       8.34      -0.50 1/2
WHEAT   -KANS  DEC08   8.25       7.88       7.95      -0.44 1/2
        -KANS  MAR09   8.42 1/4   8.09       8.16 1/2  -0.43 1/2
CORN    -CBT   DEC08   5.71       5.42 3/4   5.48 1/2  -0.36 1/2
        -CBT   MAR09   5.90       5.61 1/2   5.67 1/4  -0.36 3/4
OATS    -CBT   DEC08   3.60 1/4   3.38 1/2   3.41      -0.21 1/4
        -CBT   MAR09   3.70       3.58 1/2   3.58 1/2  -0.21 3/4
SOYBEAN -CBT   NOV08  13.02      11.68      11.77      -1.47
        -CBT   JAN09  13.18      11.85      11.93 3/4  -1.47 3/4
        -CBT   MAR09  13.30      11.98      12.06 3/4  -1.47
SOYOIL  -CBT   OCT08      52.45      47.80      48.40      -5.27
(¢/lb)  -CBT   DEC08      52.90      48.27      48.89      -5.31
SOYMEAL -CBT   OCT08     356.30     324.00     327.20     -31.20
($/ton) -CBT   DEC08     355.80     322.50     327.00     -31.00

FEEDMILL BIDS on Sep 01/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           235.00-280.00    230.00-285.00
      -REDDEER             N/A              N/A
      -EDMTN          216.80-260.90    230.00-264.60
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          183.70-220.50    183.70-220.50
BARLEY-LETH           205.00-222.00    210.00-230.00
      -MH/BRKS        205.00-209.00    215.00-216.00
      -CALGARY        205.00-226.00    211.30-240.00
      -REDDEER        200.00-229.00    200.00-235.00
      -VERM           160.80-183.70    160.80-183.70
      -EDMTN          174.50-232.00    183.70-238.00
      -PEACE R        186.00-197.50    183.70-202.10
CANOLA CRUSHER on Sep 03/2008
      -Meal (FOB)        250.33           266.67
      -Seed (DEL)        508.90           510.70

ELEVATOR BIDS on Sep 05/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     212.34           212.34
FEED OATS  -Red Deer     146.98           158.17
FEED BARLEY-Red Deer     165.66           169.67
RYE        -Red Deer     170.39             N/A
FLAXSEED   -Brooks       531.47           526.35
CANOLA     -Red Deer     461.29           463.95

SPECIAL CROP CASH BIDS on Sep 04/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           329.23      8.96      6.25
     FEED                         166.08      4.52      4.23
     LARGE YELLOW #2 OR BETTER    249.12      6.78      6.38
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 801.38      0.36      0.20
         #1 ESTON                 694.45      0.31      0.19
 MUSTARD #1 YELLOW               1096.80      0.50      0.25
         #1 BROWN                 986.56      0.45      0.20
         #1 ORIENTAL              898.38      0.41      0.16

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Sep 04/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    402.60   412.10   417.62   466.99    -10.6%
      -CWB #1CWRS VANC*     411.05     N/A    423.58   485.04    -12.7%
      -#1DNS GREAT FALLS    315.07   319.26   329.28   374.44    -12.1%
      -#1DNS PORTLAND       353.19     N/A    372.33   402.31     -7.4%
CORN  -#2 CHICAGO           214.52   218.65   215.46   183.26    +17.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     205.13   201.76   204.18   207.48     -1.6%
      -#2 STOCKTON          350.73   344.96   344.65   299.99    +14.9%
SOYBNS-#1 ILLINOIS          490.24   516.57   505.19   440.20    +14.8%
EXCH RATE Sep 04/2008: US$ in CANADA$ 1.0695  CANADA$ IN US$ 0.9350
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Aug 31/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 5   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    225.1     846.4   1,284.0    -34.1%    -23.5%
 DURUM               9.1     191.7     341.1    -43.8%    -27.8%
 BARLEY             21.4      37.4       9.9   +277.8%   +168.1%
 OATS               70.9     203.2     152.0    +33.7%    +17.8%
 PEAS               N/A      N/A       152.4   -100.0%     +6.6%
 FLAXSEED            6.5      50.0      57.7    -13.3%     -1.7%
 CANOLA-EXPORTS    177.9     507.0     486.3     +4.3%     -1.4%
 CANOLA-CRUSH       63.3     344.6     347.8     -0.9%    +14.6%
U.S. EXPORTS ('000 TONNES) as of Aug 28/2008
 WHEAT             820.6   8,788.4   8,488.1     +3.5%    -20.9%
 BARLEY               .3      33.3      27.9    +19.3%    -39.0%
 CORN              840.8  59,125.0  51,977.0    +13.8%    +14.1%
 SOYBEANS          202.2  30,276.7  30,134.8     +0.5%     +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