Weekly Crop Market Review - September 12, 2008

The next weekly will be published on Friday, September 19, 2008
This information is collected by the Statistics and Data Development Unit



WINNIPEG FUTURES (CDN $/TONNE) as of Sep 12/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  OCT08     212.50     203.00     205.90      -9.10
        -SASK  DEC08     218.00     210.00     213.40      -8.50
        -SASK  MAR09     225.00     217.40     220.20      -8.20
CANOLA  -SASK  NOV08     522.00     500.70     508.10      -0.50
        -SASK  JAN09     532.70     511.20     519.60      +0.30
        -SASK  MAR09     536.10     522.90     529.50      +0.70

U.S. FUTURES (U.S. $/BUSHEL) as of Sep 12/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC08   7.57       7.14       7.19 1/4  -0.32 1/4
        -CBT   MAR09   7.79       7.38       7.41 3/4  -0.33
WHEAT   -MINN  DEC08   8.19       7.83       7.87 3/4  -0.27 1/2
        -MINN  MAR09   8.36       7.98       8.05 1/2  -0.28 1/2
WHEAT   -KANS  DEC08   7.97       7.55       7.59 1/2  -0.35 1/2
        -KANS  MAR09   8.18       7.77       7.80      -0.36 1/2
CORN    -CBT   DEC08   5.63 1/4   5.31 1/2   5.63 1/4  +0.14 3/4
        -CBT   MAR09   5.82 1/4   5.50 1/2   5.82      +0.14 3/4
OATS    -CBT   DEC08   3.47 1/2   3.23 3/4   3.34 1/2  -0.06 1/2
        -CBT   MAR09   3.62       3.47 1/2   3.52      -0.06 1/2
SOYBEAN -CBT   NOV08  12.20      11.60      12.02      +0.25
        -CBT   JAN09  12.32      11.75      12.18      +0.24 1/4
        -CBT   MAR09  12.50      11.90      12.32 1/2  +0.25 3/4
SOYOIL  -CBT   OCT08      48.93      46.98      47.51      -0.89
(¢/lb)  -CBT   DEC08      49.42      47.50      47.99      -0.90
SOYMEAL -CBT   OCT08     343.00     320.50     336.30      +9.10
($/ton) -CBT   DEC08     341.50     320.50     334.50      +7.50

FEEDMILL BIDS on Sep 08/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           225.00-280.00    235.00-280.00
      -REDDEER             N/A              N/A
      -EDMTN          216.80-257.20    216.80-260.90
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          183.70-220.50    183.70-220.50
BARLEY-LETH           200.00-220.00    205.00-222.00
      -MH/BRKS        204.00-209.00    205.00-209.00
      -CALGARY        200.00-221.00    205.00-226.00
      -REDDEER        190.00-224.00    200.00-229.00
      -VERM           165.30-183.70    160.80-183.70
      -EDMTN          179.10-227.00    174.50-232.00
      -PEACE R        186.00-197.50    186.00-197.50
CANOLA CRUSHER on Sep 10/2008
      -Meal (FOB)        218.00           250.33
      -Seed (DEL)        486.23           508.90

ELEVATOR BIDS on Sep 12/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     207.19           212.34
FEED OATS  -Red Deer     138.63           146.98
FEED BARLEY-Red Deer     164.29           165.66
RYE        -Red Deer     158.00           170.39
FLAXSEED   -Brooks       492.89           531.47
CANOLA     -Red Deer     455.43           461.29

SPECIAL CROP CASH BIDS on Sep 11/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           320.04      8.71      6.37
     FEED                         163.88      4.46      4.23
     LARGE YELLOW #2 OR BETTER    236.08      6.42      6.33
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 778.23      0.35      0.20
         #1 ESTON                 662.04      0.30      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      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Sep 11/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    392.55   402.60   414.04   466.99    -11.3%
      -CWB #1CWRS VANC*       N/A    411.05   423.58   485.04    -12.7%
      -#1DNS GREAT FALLS    306.85   315.07   326.07   374.44    -12.9%
      -#1DNS PORTLAND         N/A    353.19   372.33   402.31     -7.4%
CORN  -#2 CHICAGO           203.74   214.52   213.79   183.26    +16.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     201.73   205.13   203.83   207.48     -1.8%
      -#2 STOCKTON          278.86   350.73   335.25   299.99    +11.8%
SOYBNS-#1 ILLINOIS          473.07   490.24   500.61   440.20    +13.7%
EXCH RATE Sep 11/2008: US$ in CANADA$ 1.0765  CANADA$ IN US$ 0.9289
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Sep 07/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 6   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    429.3   1,275.7   1,578.2    -19.2%     -3.8%
 DURUM              N/A      191.7     398.9    -51.9%    +18.3%
 BARLEY              9.7      47.1      16.3   +189.0%     -5.9%
 OATS               46.5     249.7     188.3    +32.6%    -20.1%
 PEAS              127.3     127.3     223.2    -43.0%     N/A
 FLAXSEED            9.6      59.6     104.8    -43.1%    -26.1%
 CANOLA-EXPORTS     66.5     573.5     578.0     -0.8%     -4.6%
 CANOLA-CRUSH       65.6     410.2     403.3     +1.7%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Sep 04/2008
 WHEAT             582.6   9,399.2   9,364.6     +0.4%    -20.9%
 BARLEY             20.4      53.8      62.2    -13.5%    -39.0%
 CORN              401.1     222.7   1,015.3    -78.1%    +14.1%
 SOYBEANS           38.3      11.8     176.7    -93.3%     +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