Weekly Crop Market Review - October 3, 2008

The next weekly will be published on Friday, October 10, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Oct 03/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  DEC08     196.00     182.00     185.30     -11.70
        -SASK  MAR09     202.00     189.10     195.20      -7.80
        -SASK  MAY09        N/A        N/A     200.70      -6.80
CANOLA  -SASK  NOV08     468.00     426.10     430.00     -44.10
        -SASK  JAN09     475.00     436.10     439.70     -45.00
        -SASK  MAR09     484.50     445.80     449.60     -45.30

U.S. FUTURES (U.S. $/BUSHEL) as of Oct 03/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC08   6.99       6.30       6.40 1/4  -0.75 3/4
        -CBT   MAR09   7.19       6.53 3/4   6.61 3/4  -0.75 1/4
WHEAT   -MINN  DEC08   7.77       7.00 1/2   7.02 3/4  -0.87
        -MINN  MAR09   7.85       7.17       7.18 3/4  -0.82 1/2
WHEAT   -KANS  DEC08   7.32       6.68       6.70 1/2  -0.75 1/4
        -KANS  MAR09   7.51       6.89       6.90      -0.75 3/4
CORN    -CBT   DEC08   5.24       4.53       4.54      -0.89
        -CBT   MAR09   5.42       4.71 1/2   4.72 1/2  -0.88 1/2
OATS    -CBT   DEC08   3.23 1/4   3.10       3.14      -0.17 1/4
        -CBT   MAR09   3.38 3/4   3.30       3.31 1/2  -0.17 1/2
SOYBEAN -CBT   NOV08  11.20       9.91       9.92      -1.72
        -CBT   JAN09  11.33      10.06      10.08 1/2  -1.72
        -CBT   MAR09  11.49      10.21      10.21 1/2  -1.72 3/4
SOYOIL  -CBT   DEC08      46.00      42.48      42.50      -5.43
(¢/lb)  -CBT   JAN09      46.30      43.02      42.99      -5.44
SOYMEAL -CBT   DEC08     311.00     269.00     269.80     -50.90
($/ton) -CBT   JAN09     308.50     272.60     272.60     -50.90

FEEDMILL BIDS on Sep 29/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           200.00-220.00    220.00-250.00
      -REDDEER             N/A              N/A
      -EDMTN          216.80-224.10    216.80-249.90
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          187.40-220.50    187.40-220.50
BARLEY-LETH           185.00-195.00    190.00-206.00
      -MH/BRKS        175.00-190.00    188.00-197.00
      -CALGARY        174.50-195.00    185.00-204.00
      -REDDEER        180.00-195.00    185.00-207.00
      -VERM           165.30-179.10    165.30-179.10
      -EDMTN          174.50-195.00    179.10-210.00
      -PEACE R        160.80-179.10    183.70-188.30
CANOLA CRUSHER on Oct 01/2008
      -Meal (FOB)        185.71           212.20
      -Seed (DEL)        398.14           436.40

ELEVATOR BIDS on Oct 03/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     184.81           194.73
FEED OATS  -Red Deer     142.02           144.31
FEED BARLEY-Red Deer     153.67           155.56
RYE        -Red Deer     161.25           159.70
FLAXSEED   -Brooks       355.89           438.95
CANOLA     -Red Deer     383.87           412.63

SPECIAL CROP CASH BIDS on Oct 02/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           310.85      8.46      7.02
     FEED                         156.34      4.25      4.53
     LARGE YELLOW #2 OR BETTER    213.48      5.81      6.79
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 773.82      0.35      0.22
         #1 ESTON                 692.25      0.31      0.19
 MUSTARD #1 YELLOW               1041.68      0.47      0.38
         #1 BROWN                 846.02      0.38      0.28
         #1 ORIENTAL              857.04      0.39      0.18

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 02/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    367.70   380.55   404.02   466.99    -13.5%
      -CWB #1CWRS VANC*       N/A      N/A    423.58   485.04    -12.7%
      -#1DNS GREAT FALLS    284.90   295.86   316.10   374.44    -15.6%
      -#1DNS PORTLAND       315.85     N/A    361.04   402.31    -10.3%
CORN  -#2 CHICAGO           171.76   205.93   207.47   183.26    +13.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     160.70   167.60   193.83   207.48     -6.6%
      -#2 STOCKTON          279.74   267.93   316.95   299.99     +5.7%
SOYBNS-#1 ILLINOIS          383.50   436.67   476.66   440.20     +8.3%
EXCH RATE Oct 02/2008: US$ in CANADA$ 1.0799  CANADA$ IN US$ 0.9260
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Sep 28/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 9   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    193.6   1,758.0   2,409.5    -27.0%     -3.8%
 DURUM              34.0     274.5     474.2    -42.1%    +18.3%
 BARLEY              9.5     117.2     138.8    -15.6%     -5.9%
 OATS               51.5     389.6     347.0    +12.3%    -20.1%
 PEAS               95.5     400.9     450.9    -11.1%     N/A
 FLAXSEED             .9      74.1     108.1    -31.5%    -26.1%
 CANOLA-EXPORTS    212.2     957.7     856.7    +11.8%     -4.6%
 CANOLA-CRUSH       79.4     649.8     612.6     +6.1%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Sep 25/2008
 WHEAT             604.1  11,530.9  12,510.7     -7.8%    -20.9%
 BARLEY             24.6     144.3     154.6     -6.6%    -39.0%
 CORN             1020.2   3,230.6   4,273.5    -24.4%    -17.5%
 SOYBEANS          204.8     535.7   1,411.3    -62.0%    -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