Weekly Crop Market Review - September 26, 2008

The next weekly will be published on Friday, October 3, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Sep 26/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  OCT08     204.00     189.50     189.50      -3.20
        -SASK  DEC08     206.00     194.50     197.00      -0.70
        -SASK  MAR09     212.00     203.00     203.00      -3.70
CANOLA  -SASK  NOV08     501.40     473.30     474.10      -2.50
        -SASK  JAN09     509.70     484.70     484.70      -2.60
        -SASK  MAR09     519.80     494.80     494.90      -2.90

U.S. FUTURES (U.S. $/BUSHEL) as of Sep 26/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC08   7.60       7.15       7.16      -0.02
        -CBT   MAR09   7.77       7.38 1/2   7.37      -0.00 3/4
WHEAT   -MINN  DEC08   8.19       7.89 1/2   7.89 3/4  +0.04 3/4
        -MINN  MAR09   8.33       8.01       8.01 1/4  +0.03 1/4
WHEAT   -KANS  DEC08   7.92       7.45       7.45 3/4  -0.10 3/4
        -KANS  MAR09   8.09       7.66       7.65 3/4  -0.09 3/4
CORN    -CBT   DEC08   5.72 1/2   5.39 1/2   5.43      +0.00 3/4
        -CBT   MAR09   5.90 1/2   5.57 1/4   5.61      +0.02
OATS    -CBT   DEC08   3.46 3/4   3.26 1/4   3.31 1/4  -0.00 1/2
        -CBT   MAR09   3.60       3.49       3.49      +0.00
SOYBEAN -CBT   NOV08  12.12      11.56      11.64      +0.20 1/2
        -CBT   JAN09  12.27      11.74      11.80 1/2  +0.21 1/4
        -CBT   MAR09  12.42      11.90      11.94 1/4  +0.21 1/4
SOYOIL  -CBT   OCT08      50.23      47.00      47.40      +0.48
(¢/lb)  -CBT   DEC08      50.71      47.47      47.93      +0.53
SOYMEAL -CBT   OCT08     331.00     314.00     315.00      +2.50
($/ton) -CBT   DEC08     335.50     319.30     320.70      +5.20

FEEDMILL BIDS on Sep 22/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           220.00-250.00    220.00-260.00
      -REDDEER             N/A              N/A
      -EDMTN          216.80-249.90    216.80-253.50
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          187.40-220.50    187.40-220.50
BARLEY-LETH           190.00-206.00    190.00-210.00
      -MH/BRKS        188.00-197.00    199.00-201.00
      -CALGARY        185.00-204.00    185.00-208.00
      -REDDEER        185.00-207.00    185.00-210.00
      -VERM           165.30-179.10    165.30-179.10
      -EDMTN          179.10-210.00    179.10-213.00
      -PEACE R        183.70-188.30    183.70-190.60
CANOLA CRUSHER on Sep 24/2008
      -Meal (FOB)        212.20           222.00
      -Seed (DEL)        436.40           421.21

ELEVATOR BIDS on Sep 26/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     194.73           199.50
FEED OATS  -Red Deer     144.31           140.46
FEED BARLEY-Red Deer     155.56           161.42
RYE        -Red Deer     159.70           159.00
FLAXSEED   -Brooks       438.95           453.91
CANOLA     -Red Deer     412.63           413.11

SPECIAL CROP CASH BIDS on Sep 25/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           321.51      8.75      6.63
     FEED                         156.34      4.25      4.23
     LARGE YELLOW #2 OR BETTER    227.63      6.20      6.62
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 801.38      0.36      0.22
         #1 ESTON                 717.60      0.33      0.19
 MUSTARD #1 YELLOW               1041.68      0.47      0.33
         #1 BROWN                 909.40      0.41      0.20
         #1 ORIENTAL              898.38      0.41      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Sep 25/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    380.55   393.70   408.06   466.99    -12.6%
      -CWB #1CWRS VANC*       N/A      N/A    423.58   485.04    -12.7%
      -#1DNS GREAT FALLS    295.86   297.68   319.56   374.44    -14.7%
      -#1DNS PORTLAND         N/A      N/A    372.33   402.31     -7.4%
CORN  -#2 CHICAGO           205.93   200.54   211.44   183.26    +15.4%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     167.60   183.17   197.51   207.48     -4.8%
      -#2 STOCKTON          267.93   275.05   321.08   299.99     +7.0%
SOYBNS-#1 ILLINOIS          436.67   442.23   487.01   440.20    +10.6%
EXCH RATE Sep 25/2008: US$ in CANADA$ 1.0343  CANADA$ IN US$ 0.9668
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Sep 21/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 8   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    188.2   1,646.1   2,107.7    -21.9%     -3.8%
 DURUM               8.8     234.5     463.9    -49.5%    +18.3%
 BARLEY             18.2      80.8     106.4    -24.1%     -5.9%
 OATS               61.7     338.1     296.2    +14.1%    -20.1%
 PEAS               51.7     305.4     336.0     -9.1%     N/A
 FLAXSEED            9.0      68.9     105.1    -34.4%    -26.1%
 CANOLA-EXPORTS     42.7     791.5     801.9     -1.3%     -4.6%
 CANOLA-CRUSH       82.8     570.5     542.9     +5.1%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Sep 18/2008
 WHEAT             794.0  10,897.7  11,369.0     -4.1%    -20.9%
 BARLEY             61.6     118.5     101.9    +16.3%    -39.0%
 CORN              841.8   1,960.3   3,127.1    -37.3%    -17.5%
 SOYBEANS           32.8     294.8   1,037.5    -71.6%    -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