Weekly Crop Market Review - January 30, 2009

The next weekly will be published on Friday, February 6, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 30/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAR09     152.90     138.10     139.70     -10.20
        -SASK  MAY09     155.90     146.00     146.10     -11.60
        -SASK  JUL09        N/A        N/A     150.70     -11.50
CANOLA  -SASK  MAR09     439.40     415.20     419.70     -12.10
        -SASK  MAY09     445.00     422.70     427.50     -12.20
        -SASK  JUL09     450.50     431.60     434.50     -12.80

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 30/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR09   6.10       5.67       5.68      -0.14 3/4
        -CBT   MAY09   6.19       5.80 3/4   5.80 3/4  -0.14 3/4
WHEAT   -MINN  MAR09   6.80       6.51 1/4   6.52      -0.08 3/4
        -MINN  MAY09   6.72 1/2   6.46       6.46      -0.06 1/2
WHEAT   -KANS  MAR09   6.35       6.00       6.01      -0.09 1/2
        -KANS  MAY09   6.45 1/2   6.11       6.12 1/4  -0.09
CORN    -CBT   MAR09   4.02       3.73       3.79      -0.11 1/2
        -CBT   MAY09   4.13       3.84       3.90 1/4  -0.11 1/4
OATS    -CBT   MAR09   2.17 3/4   1.98       2.05      -0.10
        -CBT   MAY09   2.24 1/2   2.15       2.15      -0.09 1/2
SOYBEAN -CBT   MAR09  10.40       9.66       9.80      -0.29
        -CBT   MAY09  10.47       9.74       9.86 3/4  -0.29 1/2
        -CBT   JUL09  10.54 1/2   9.81       9.93 3/4  -0.29 1/2
SOYOIL  -CBT   MAR09      34.85      32.16      32.73      -0.87
(¢/lb)  -CBT   MAY09      35.25      32.63      33.11      -0.86
SOYMEAL -CBT   MAR09     324.50     305.50     311.00      -7.30
($/ton) -CBT   MAY09     323.50     304.50     309.30      -8.40

FEEDMILL BIDS on Jan 26/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           155.00-190.00    155.00-190.00
      -REDDEER        158.00-170.00    158.00-170.00
      -EDMTN          158.00-180.00    161.70-180.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          191.10-215.00    191.10-215.00
BARLEY-LETH           155.00-170.00    149.80-170.00
      -MH/BRKS        150.00-166.00    150.00-161.00
      -CALGARY        149.30-170.00    145.00-168.00
      -REDDEER        142.40-170.00    142.40-170.00
      -VERM           133.20-137.80    133.20-140.10
      -EDMTN          133.20-170.00    124.00-170.00
      -PEACE R        137.80-140.10    135.50-140.10
CANOLA CRUSHER on Jan 28/2009
      -Meal (FOB)        330.00           340.67
      -Seed (DEL)        413.00           437.23

ELEVATOR BIDS on Jan 30/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     154.28           154.28
FEED OATS  -Red Deer     101.75           108.29
FEED BARLEY-Red Deer     134.64           137.49
RYE        -Red Deer     150.25           150.25
FLAXSEED   -Brooks       401.16           401.16
CANOLA     -Red Deer     413.65           424.56

SPECIAL CROP CASH BIDS on Jan 29/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           293.95      8.00      9.75
     FEED                         159.28      4.33      4.91
     LARGE YELLOW #2 OR BETTER    213.67      5.82      9.70
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 600.21      0.27      0.28
         #1 ESTON                 534.06      0.24      0.21
 MUSTARD #1 YELLOW                857.04      0.39      0.51
         #1 BROWN                 631.07      0.29      0.38
         #1 ORIENTAL              835.00      0.38      0.24

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 29/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    417.35   429.95   401.52   466.99    -14.0%
      -CWB #1CWRS VANC*       N/A    403.35   403.49   485.04    -16.8%
      -#1DNS GREAT FALLS    304.75   316.01   304.85   374.44    -18.6%
      -#1DNS PORTLAND       347.01   363.46   347.66   402.31    -13.6%
CORN  -#2 CHICAGO           175.30   179.41   183.16   183.26     -0.1%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     107.20   115.39   151.93   207.48    -26.8%
      -#2 STOCKTON          262.95   269.48   291.57   299.99     -2.8%
SOYBNS-#1 ILLINOIS          434.65   463.88   434.62   440.20     -1.3%
EXCH RATE Jan 29/2009: US$ in CANADA$ 1.2233  CANADA$ IN US$ 0.8175
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 25/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #26   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    192.0   6,166.8   6,097.8     +1.1%     +9.0%
 DURUM              53.7   1,394.8   1,847.9    -24.5%     +8.7%
 BARLEY              1.1     579.6   1,479.3    -60.8%    -45.6%
 OATS               34.1     921.3   1,128.0    -18.3%     -7.0%
 PEAS               25.8     841.9   1,085.5    -22.4%     +9.0%
 FLAXSEED            1.0     340.1     337.9     +0.7%     +0.2%
 CANOLA-EXPORTS    170.5   3,424.2   2,677.5    +27.9%     +9.5%
 CANOLA-CRUSH       83.2   2,029.7   1,953.7     +3.9%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Jan 22/2009
 WHEAT             404.6  19,380.2  23,730.6    -18.3%    -20.9%
 BARLEY             N/A      231.3     593.2    -61.0%    -51.2%
 CORN              694.7  15,665.1  26,124.1    -40.0%    -28.2%
 SOYBEANS         1017.6  17,076.2  15,293.7    +11.7%     -5.3%
NOPA SOYBEAN Month Ending: Nov 30/2008
 SOYBEAN CRUSH    3794.3  10,973.0  12,017.0     -8.7%     -6.4%
* From Canadian Grain Commission Calendar