Weekly Crop Market Review - September 19, 2008

The next weekly will be published on Friday, September 26, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Sep 19/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  OCT08     203.00     190.00     192.70     -13.20
        -SASK  DEC08     212.00     195.00     197.70     -15.70
        -SASK  MAR09     219.00     204.10     206.70     -13.50
CANOLA  -SASK  NOV08     508.10     452.10     476.60     -31.50
        -SASK  JAN09     512.00     462.90     487.30     -32.30
        -SASK  MAR09     518.50     474.30     497.80     -31.70

U.S. FUTURES (U.S. $/BUSHEL) as of Sep 19/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC08   7.40       6.86       7.18      -0.01 1/4
        -CBT   MAR09   7.61       7.10       7.37 3/4  -0.04
WHEAT   -MINN  DEC08   8.01       7.54       7.85      -0.02 3/4
        -MINN  MAR09   8.16 3/4   7.69       7.98      -0.07 1/2
WHEAT   -KANS  DEC08   7.77 1/2   7.30       7.56 1/2  -0.03
        -KANS  MAR09   7.95 1/2   7.50       7.75 1/2  -0.04 1/2
CORN    -CBT   DEC08   5.74 1/2   5.24       5.42 1/4  -0.21
        -CBT   MAR09   5.93       5.41       5.59      -0.23
OATS    -CBT   DEC08   3.39 1/2   3.25       3.31 3/4  -0.02 3/4
        -CBT   MAR09   3.54       3.43       3.49      -0.03
SOYBEAN -CBT   NOV08  12.07      11.00      11.43 1/2  -0.58 1/2
        -CBT   JAN09  12.22      11.17      11.59 1/4  -0.58 3/4
        -CBT   MAR09  12.36 1/2  11.31      11.73      -0.59 1/2
SOYOIL  -CBT   OCT08      47.25      43.20      46.92      -0.59
(¢/lb)  -CBT   DEC08      47.85      43.55      47.40      -0.59
SOYMEAL -CBT   OCT08     340.80     312.00     312.50     -23.80
($/ton) -CBT   DEC08     339.00     312.00     315.50     -19.00

FEEDMILL BIDS on Sep 15/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           220.00-260.00    225.00-280.00
      -REDDEER             N/A              N/A
      -EDMTN          216.80-253.50    216.80-257.20
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          187.40-220.50    183.70-220.50
BARLEY-LETH           190.00-210.00    200.00-220.00
      -MH/BRKS        199.00-201.00    204.00-209.00
      -CALGARY        185.00-208.00    200.00-221.00
      -REDDEER        185.00-210.00    190.00-224.00
      -VERM           165.30-179.10    165.30-183.70
      -EDMTN          179.10-213.00    179.10-227.00
      -PEACE R        183.70-190.60    186.00-197.50
CANOLA CRUSHER on Sep 17/2008
      -Meal (FOB)        222.00           218.00
      -Seed (DEL)        421.21           486.23

ELEVATOR BIDS on Sep 19/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     199.50           207.19
FEED OATS  -Red Deer     140.46           138.63
FEED BARLEY-Red Deer     161.42           164.29
RYE        -Red Deer     159.00           158.00
FLAXSEED   -Brooks       453.91           492.89
CANOLA     -Red Deer     413.11           455.43

SPECIAL CROP CASH BIDS on Sep 18/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           320.04      8.71      6.51
     FEED                         163.88      4.46      4.23
     LARGE YELLOW #2 OR BETTER    236.08      6.42      6.59
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 809.09      0.37      0.22
         #1 ESTON                 727.52      0.33      0.20
 MUSTARD #1 YELLOW               1041.68      0.47      0.30
         #1 BROWN                 931.45      0.42      0.20
         #1 ORIENTAL              898.38      0.41      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Sep 18/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    393.70   392.55   411.49   466.99    -11.9%
      -CWB #1CWRS VANC*       N/A      N/A    423.58   485.04    -12.7%
      -#1DNS GREAT FALLS    297.68   306.85   322.53   374.44    -13.9%
      -#1DNS PORTLAND         N/A      N/A    372.33   402.31     -7.4%
CORN  -#2 CHICAGO           200.54   203.74   212.13   183.26    +15.8%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     183.17   201.73   201.25   207.48     -3.0%
      -#2 STOCKTON          275.05   278.86   327.72   299.99     +9.2%
SOYBNS-#1 ILLINOIS          442.23   473.07   493.31   440.20    +12.1%
EXCH RATE Sep 18/2008: US$ in CANADA$ 1.0618  CANADA$ IN US$ 0.9418
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Sep 14/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 7   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    182.2   1,457.9   1,826.1    -20.2%     -3.8%
 DURUM              34.0     225.7     449.5    -49.8%    +18.3%
 BARLEY             15.5      62.6      60.5     +3.5%     -5.9%
 OATS               26.7     276.4     238.5    +15.9%    -20.1%
 PEAS              126.4     253.7     284.4    -10.8%     N/A
 FLAXSEED             .7      59.9     105.0    -43.0%    -26.1%
 CANOLA-EXPORTS    175.3     748.8     683.9     +9.5%     -4.6%
 CANOLA-CRUSH       77.5     487.7     474.5     +2.8%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Sep 11/2008
 WHEAT             517.1  10,033.3  10,204.1     -1.7%    -20.9%
 BARLEY               .3      54.4      98.3    -44.7%    -39.0%
 CORN              697.4   1,018.6   1,917.8    -46.9%    -17.5%
 SOYBEANS          198.0     226.4     530.3    -57.3%    -13.4%
NOPA SOYBEAN Month Ending: Jul 31/2008
 SOYBEAN CRUSH    3620.6  43,204.3  43,094.7     +0.3%     -1.7%
* From Canadian Grain Commission Calendar