Weekly Crop Market Review - February 6, 2009

The next weekly will be published on Friday, February 13, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 06/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAR09     149.00     137.00     145.60      +5.90
        -SASK  MAY09     155.00     142.60     152.10      +6.00
        -SASK  JUL09        N/A        N/A     156.70      +6.00
CANOLA  -SASK  MAR09     435.20     413.00     429.60      +9.90
        -SASK  MAY09     443.20     421.00     437.40      +9.90
        -SASK  JUL09     449.10     428.10     444.30      +9.80

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 06/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR09   5.70 1/2   5.39       5.57      -0.11
        -CBT   MAY09   5.82       5.53       5.70      -0.10 3/4
WHEAT   -MINN  MAR09   6.63 1/2   6.40       6.54 3/4  +0.02 3/4
        -MINN  MAY09   6.47 3/4   6.31       6.41      -0.05
WHEAT   -KANS  MAR09   6.02       5.70       5.86 1/2  -0.14 1/2
        -KANS  MAY09   6.13 1/2   5.82 1/4   5.97 1/2  -0.14 3/4
CORN    -CBT   MAR09   3.80 1/2   3.56       3.77 1/4  -0.01 3/4
        -CBT   MAY09   3.91       3.67       3.87 1/2  -0.02 3/4
OATS    -CBT   MAR09   2.04 1/4   1.84 3/4   1.95      -0.10
        -CBT   MAY09   2.04 1/2   1.96 1/2   2.04 1/2  -0.10 1/2
SOYBEAN -CBT   MAR09  10.07       9.35      10.01      +0.21
        -CBT   MAY09  10.11       9.40      10.06      +0.19 1/4
        -CBT   JUL09  10.17       9.47      10.12      +0.18 1/4
SOYOIL  -CBT   MAR09      33.50      31.25      33.40      +0.67
(¢/lb)  -CBT   MAY09      33.83      31.70      33.75      +0.64
SOYMEAL -CBT   MAR09     318.00     297.50     317.30      +6.30
($/ton) -CBT   MAY09     315.50     295.50     314.60      +5.30

FEEDMILL BIDS on Feb 02/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           172.00-180.00    155.00-190.00
      -REDDEER        154.30-170.00    158.00-170.00
      -EDMTN          158.00-170.00    158.00-180.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          187.40-213.10    191.10-215.00
BARLEY-LETH           139.70-168.00    155.00-170.00
      -MH/BRKS        150.00-161.00    150.00-166.00
      -CALGARY        145.00-165.00    149.30-170.00
      -REDDEER        137.80-168.00    142.40-170.00
      -VERM           133.20-137.80    133.20-137.80
      -EDMTN          135.00-167.00    133.20-170.00
      -PEACE R        137.80-140.10    137.80-140.10
CANOLA CRUSHER on Feb 04/2009
      -Meal (FOB)        313.67           330.00
      -Seed (DEL)        422.60           413.00

ELEVATOR BIDS on Feb 06/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     154.30           154.28
FEED OATS  -Red Deer      92.10           101.75
FEED BARLEY-Red Deer     143.41           134.64
RYE        -Red Deer     147.19           150.25
FLAXSEED   -Brooks       429.11           401.16
CANOLA     -Red Deer     424.47           413.65

SPECIAL CROP CASH BIDS on Feb 05/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           293.95      8.00     10.07
     FEED                         168.47      4.58      4.91
     LARGE YELLOW #2 OR BETTER    218.26      5.94      9.92
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 589.18      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      0.40
         #1 ORIENTAL              835.00      0.38      0.25

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 05/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    411.20   417.35   401.87   466.99    -13.9%
      -CWB #1CWRS VANC*     385.75     N/A    401.72   485.04    -17.2%
      -#1DNS GREAT FALLS    301.24   304.75   304.72   374.44    -18.6%
      -#1DNS PORTLAND       345.35   347.01   347.56   402.31    -13.6%
CORN  -#2 CHICAGO           174.10   172.17   182.73   183.26     -0.3%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     107.88   107.20   150.30   207.48    -27.6%
      -#2 STOCKTON          251.04   262.95   290.12   299.99     -3.3%
SOYBNS-#1 ILLINOIS          446.66   440.50   435.26   440.20     -1.1%
EXCH RATE Feb 05/2009: US$ in CANADA$ 1.2310  CANADA$ IN US$ 0.8123
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 01/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #27   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    180.3   6,363.6   6,153.6     +3.4%     +9.0%
 DURUM              55.6   1,477.6   1,866.6    -20.8%     +8.7%
 BARLEY             38.4     612.1   1,512.4    -59.5%    -45.6%
 OATS               22.2     943.5   1,148.8    -17.9%     -7.0%
 PEAS               46.2     888.1   1,162.6    -23.6%     +9.0%
 FLAXSEED            3.5     343.6     338.8     +1.4%     +0.2%
 CANOLA-EXPORTS     92.8   3,517.0   2,850.1    +23.4%     +9.5%
 CANOLA-CRUSH       81.8   2,111.5   2,031.7     +3.9%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Jan 29/2009
 WHEAT             325.2  19,746.0  24,195.3    -18.4%    -20.9%
 BARLEY             N/A      232.1     594.7    -61.0%    -51.2%
 CORN              642.3  16,405.5  27,464.1    -40.3%    -28.2%
 SOYBEANS          912.9  18,030.5  16,122.5    +11.8%     -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