Weekly Crop Market Review - November 28, 2008

The next weekly will be published on Friday, December 5, 2008
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Nov 28/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  DEC08     150.00     134.00     136.50      -4.30
        -SASK  MAR09     159.50     145.00     149.50      -0.30
        -SASK  MAY09     161.00     151.60     155.10      -0.40
CANOLA  -SASK  JAN09     420.00     395.00     400.90     -12.20
        -SASK  MAR09     426.30     404.00     409.90     -12.20
        -SASK  MAY09     434.50     414.80     419.00     -12.30

U.S. FUTURES (U.S. $/BUSHEL) as of Nov 28/2008
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC08   5.46       5.12       5.42 1/2  +0.43 1/2
        -CBT   MAR09   5.78       5.25       5.61 1/4  +0.43 1/4
WHEAT   -MINN  DEC08   6.24       5.96       5.99 1/2  +0.13
        -MINN  MAR09   6.50       5.97       6.10 3/4  +0.18 3/4
WHEAT   -KANS  DEC08   5.85       5.41 1/2   5.63      +0.29 1/2
        -KANS  MAR09   6.00       5.56       5.81 1/2  +0.33
CORN    -CBT   DEC08   3.61       3.46       3.49 1/2  +0.11
        -CBT   MAR09   3.77 3/4   3.62       3.65 3/4  +0.11 1/2
OATS    -CBT   DEC08   2.14 1/4   1.99       2.01 1/2  +0.00 3/4
        -CBT   MAR09   2.31       2.14       2.17      +0.00 1/4
SOYBEAN -CBT   JAN09   8.99 1/2   8.58       8.83      +0.43
        -CBT   MAR09   9.06 3/4   8.67       8.91      +0.43 3/4
        -CBT   MAY09   9.15       8.78       9.00      +0.44 1/4
SOYOIL  -CBT   DEC08      33.10      31.75      32.58      +1.88
(¢/lb)  -CBT   JAN09      33.55      32.05      32.90      +1.84
SOYMEAL -CBT   DEC08     268.00     254.50     256.00      +6.10
($/ton) -CBT   JAN09     264.50     254.50     254.30      +3.80

FEEDMILL BIDS on Nov 24/2008 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           170.00-200.00    185.00-205.00
      -REDDEER        169.00-170.00    170.00-180.00
      -EDMTN          163.10-183.70    163.00-183.70
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          176.40-220.00    176.40-192.90
BARLEY-LETH           160.00-190.00    179.00-190.00
      -MH/BRKS        165.00-179.10    171.00-182.00
      -CALGARY        165.00-179.10    175.00-188.00
      -REDDEER        156.20-188.00    165.00-188.00
      -VERM           137.80-153.90    140.10-149.30
      -EDMTN          133.20-145.00    133.00-188.00
      -PEACE R        128.60-137.80    137.80-140.10
CANOLA CRUSHER on Nov 26/2008
      -Meal (FOB)        232.67           230.80
      -Seed (DEL)        392.33           403.83

ELEVATOR BIDS on Nov 28/2008 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     159.78           165.17
FEED OATS  -Red Deer      83.13            99.49
FEED BARLEY-Red Deer     109.44           132.00
RYE        -Red Deer     158.50           157.60
FLAXSEED   -Brooks       411.79           438.17
CANOLA     -Red Deer     360.14           378.32

SPECIAL CROP CASH BIDS on Nov 27/2008
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           296.34      8.07      9.09
     FEED                         139.44      3.79      4.91
     LARGE YELLOW #2 OR BETTER    201.35      5.48      8.27
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 582.57      0.26      0.25
         #1 ESTON                 530.76      0.24      0.21
 MUSTARD #1 YELLOW                934.20      0.42      0.46
         #1 BROWN                 735.79      0.33      0.33
         #1 ORIENTAL              848.77      0.38      0.24

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Nov 27/2008
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    395.05   395.55   395.56   466.99    -15.3%
      -CWB #1CWRS VANC*       N/A      N/A    409.39   485.04    -15.6%
      -#1DNS GREAT FALLS    284.98   299.43   305.23   374.44    -18.5%
      -#1DNS PORTLAND       340.40   357.65   347.43   402.31    -13.6%
CORN  -#2 CHICAGO           161.63   175.05   190.17   183.26     +3.8%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     135.03   141.87   170.13   207.48    -18.0%
      -#2 STOCKTON          276.84   305.13   305.82   299.99     +1.9%
SOYBNS-#1 ILLINOIS          399.65   403.27   441.47   440.20     +0.3%
EXCH RATE Nov 27/2008: US$ in CANADA$ 1.2311  CANADA$ IN US$ 0.8123
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Nov 23/2008
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #17   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    224.5   3,911.0   4,235.6     -7.7%     +4.2%
 DURUM             136.1     955.9   1,023.6     -6.6%    +18.3%
 BARLEY             10.1     386.4     837.8    -53.9%    -59.0%
 OATS               21.5     690.6     714.0     -3.3%    -11.4%
 PEAS               42.3     590.6     851.0    -30.6%     +9.0%
 FLAXSEED           46.7     212.4     241.5    -12.0%    -11.6%
 CANOLA-EXPORTS    226.8   2,324.8   1,619.5    +43.6%     -2.8%
 CANOLA-CRUSH       83.0   1,319.9   1,234.6     +6.9%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Nov 20/2008
 WHEAT             607.0  16,044.1  18,706.1    -14.2%    -20.9%
 BARLEY             29.8     213.7     440.0    -51.4%    -39.0%
 CORN              730.0   9,214.7  14,778.6    -37.6%    -22.0%
 SOYBEANS          987.3   8,420.2   7,754.1     +8.6%    -12.1%
NOPA SOYBEAN Month Ending: Sep 30/2008
 SOYBEAN CRUSH    3276.1   3,276.1   3,805.5    -13.9%     -3.1%
* From Canadian Grain Commission Calendar