Weekly Crop Market Review - October 10, 2008

The next weekly will be published on Friday, October 17, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Oct 10/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  DEC08     185.00     166.00     168.50     -16.80
        -SASK  MAR09     195.00     174.90     174.90     -20.30
        -SASK  MAY09        N/A        N/A     189.30     -11.40
CANOLA  -SASK  NOV08     446.10     391.00     414.40     -15.60
        -SASK  JAN09     455.70     401.00     423.40     -16.30
        -SASK  MAR09     465.20     411.40     432.30     -17.30

U.S. FUTURES (U.S. $/BUSHEL) as of Oct 10/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC08   6.21       5.58       5.63 1/2  -0.76 3/4
        -CBT   MAR09   6.40       5.83       5.83 3/4  -0.78
WHEAT   -MINN  DEC08   6.82       6.33       6.39 1/4  -0.63 1/2
        -MINN  MAR09   6.97       6.45       6.48 3/4  -0.70
WHEAT   -KANS  DEC08   6.53       5.95       6.05      -0.65 1/2
        -KANS  MAR09   6.72       6.19       6.23 1/2  -0.66 1/2
CORN    -CBT   DEC08   4.42 1/2   4.08       4.08 1/4  -0.45 3/4
        -CBT   MAR09   4.59       4.25       4.25 3/4  -0.46 3/4
OATS    -CBT   DEC08   3.02 1/2   2.78 1/2   2.78 1/2  -0.35 1/2
        -CBT   MAR09   3.23 1/4   2.98       2.95 1/2  -0.36
SOYBEAN -CBT   NOV08   9.88 1/2   9.10       9.10      -0.82
        -CBT   JAN09  10.03       9.25 1/2   9.25 1/2  -0.83
        -CBT   MAR09  10.18       9.39 1/2   9.39 1/2  -0.82
SOYOIL  -CBT   DEC08      40.90      37.29      37.29      -5.21
(¢/lb)  -CBT   JAN09      41.33      37.82      37.82      -5.17
SOYMEAL -CBT   DEC08     279.00     249.80     256.00     -13.80
($/ton) -CBT   JAN09     281.00     253.00     258.70     -13.90

FEEDMILL BIDS on Oct 06/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           200.00-220.00    200.00-220.00
      -REDDEER             N/A              N/A
      -EDMTN          213.10-224.10    216.80-224.10
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          187.40-220.50    187.40-220.50
BARLEY-LETH           180.30-188.00    185.00-195.00
      -MH/BRKS        175.00-187.00    175.00-190.00
      -CALGARY        174.50-188.00    174.50-195.00
      -REDDEER        180.00-190.00    180.00-195.00
      -VERM           165.30-174.50    165.30-179.10
      -EDMTN          174.50-188.00    174.50-195.00
      -PEACE R        160.80-174.50    160.80-179.10
CANOLA CRUSHER on Oct 08/2008
      -Meal (FOB)        182.82           185.71
      -Seed (DEL)        389.51           398.14

ELEVATOR BIDS on Oct 10/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     174.81           184.81
FEED OATS  -Red Deer     138.03           142.02
FEED BARLEY-Red Deer     130.67           153.67
RYE        -Red Deer     160.50           161.25
FLAXSEED   -Brooks       331.87           355.89
CANOLA     -Red Deer     370.69           383.87

SPECIAL CROP CASH BIDS on Oct 09/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           310.12      8.44      7.11
     FEED                         156.34      4.25      4.78
     LARGE YELLOW #2 OR BETTER    208.52      5.67      6.77
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 751.77      0.34      0.23
         #1 ESTON                 692.25      0.31      0.20
 MUSTARD #1 YELLOW               1041.68      0.47      0.45
         #1 BROWN                 821.22      0.37      0.30
         #1 ORIENTAL              898.38      0.41      0.21

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 09/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    363.55   367.70   400.34   466.99    -14.3%
      -CWB #1CWRS VANC*       N/A      N/A    423.58   485.04    -12.7%
      -#1DNS GREAT FALLS    275.34   284.90   312.39   374.44    -16.6%
      -#1DNS PORTLAND       305.44   315.85   351.77   402.31    -12.6%
CORN  -#2 CHICAGO           175.13   171.76   204.53   183.26    +11.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     156.62   160.70   190.45   207.48     -8.2%
      -#2 STOCKTON          296.81   279.74   315.12   299.99     +5.0%
SOYBNS-#1 ILLINOIS          401.01   383.50   469.79   440.20     +6.7%
EXCH RATE Oct 09/2008: US$ in CANADA$ 1.1458  CANADA$ IN US$ 0.8728
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Oct 05/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #10   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    306.1   2,064.1   2,650.4    -22.1%     +4.2%
 DURUM              55.7     330.2     553.3    -40.3%    +18.3%
 BARLEY             35.4     152.6     223.2    -31.6%    -59.0%
 OATS               42.6     432.2     384.3    +12.5%    -11.4%
 PEAS               18.8     419.7     521.2    -19.5%     +9.0%
 FLAXSEED            8.6      82.7     131.5    -37.1%    -11.6%
 CANOLA-EXPORTS    117.2   1,074.9   1,045.9     +2.8%     -2.8%
 CANOLA-CRUSH       83.4     733.2     675.6     +8.5%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Oct 02/2008
 WHEAT             705.4  12,294.3  13,416.1     -8.4%    -20.9%
 BARLEY              8.0     156.1     162.4     -3.9%    -39.0%
 CORN              851.7   4,091.8   5,451.9    -24.9%    -17.5%
 SOYBEANS          331.3     875.0   1,943.4    -55.0%    -13.4%
NOPA SOYBEAN Month Ending: Aug 31/2008
 SOYBEAN CRUSH    3311.6  46,515.9  46,838.6     -0.7%     -1.7%
* From Canadian Grain Commission Calendar