Weekly Crop Market Review - February 13, 2009

The next weekly will be published on Friday, February 20, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 13/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAR09     150.00     140.10     142.60      -3.00
        -SASK  MAY09     156.50     145.50     149.10      -3.00
        -SASK  JUL09        N/A        N/A     153.70      -3.00
CANOLA  -SASK  MAR09     437.50     422.00     423.00      -6.60
        -SASK  MAY09     445.40     430.20     431.20      -6.20
        -SASK  JUL09     452.70     437.60     438.50      -5.80

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 13/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR09   5.77       5.35       5.35 1/2  -0.21 1/2
        -CBT   MAY09   5.86       5.47       5.48 1/4  -0.21 3/4
WHEAT   -MINN  MAR09   6.70 3/4   6.35       6.36      -0.18 3/4
        -MINN  MAY09   6.57 3/4   6.24       6.24 3/4  -0.16 1/4
WHEAT   -KANS  MAR09   6.04       5.72       5.74 1/2  -0.12
        -KANS  MAY09   6.15       5.81 1/2   5.83 3/4  -0.13 3/4
CORN    -CBT   MAR09   3.83       3.63       3.63 1/4  -0.14
        -CBT   MAY09   3.93       3.72 1/2   3.73 1/4  -0.14 1/4
OATS    -CBT   MAR09   1.96       1.86       1.84 1/2  -0.10 1/2
        -CBT   MAY09   2.07 1/2   1.93 1/2   1.93 1/2  -0.11
SOYBEAN -CBT   MAR09  10.19       9.55       9.55 1/2  -0.45 1/2
        -CBT   MAY09  10.23 1/2   9.56 1/2   9.57 3/4  -0.48 1/4
        -CBT   JUL09  10.29       9.62       9.62      -0.50
SOYOIL  -CBT   MAR09      34.75      32.55      33.00      -0.40
(¢/lb)  -CBT   MAY09      35.00      32.89      33.34      -0.41
SOYMEAL -CBT   MAR09     319.00     297.50     297.70     -19.60
($/ton) -CBT   MAY09     316.50     294.50     295.00     -19.60

FEEDMILL BIDS on Feb 09/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           172.00-185.00    172.00-180.00
      -REDDEER        165.30-170.00    154.30-170.00
      -EDMTN          163.10-170.00    158.00-170.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          192.90-213.10    187.40-213.10
BARLEY-LETH           139.70-168.00    139.70-168.00
      -MH/BRKS        150.00-162.10    150.00-161.00
      -CALGARY        142.00-165.00    145.00-165.00
      -REDDEER        136.00-168.00    137.80-168.00
      -VERM           124.00-128.60    133.20-137.80
      -EDMTN          130.00-167.00    135.00-167.00
      -PEACE R        126.30-137.80    137.80-140.10
CANOLA CRUSHER on Feb 11/2009
      -Meal (FOB)        309.47           313.67
      -Seed (DEL)        432.13           422.60

ELEVATOR BIDS on Feb 13/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     163.50           154.30
FEED OATS  -Red Deer      92.65            92.10
FEED BARLEY-Red Deer     132.28           143.41
RYE        -Red Deer       N/A            147.19
FLAXSEED   -Brooks       435.80           429.11
CANOLA     -Red Deer     422.85           424.47

SPECIAL CROP CASH BIDS on Feb 12/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           293.95      8.00     10.94
     FEED                         168.46      4.58      4.91
     LARGE YELLOW #2 OR BETTER    218.26      5.94     10.23
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 600.21      0.27      0.31
         #1 ESTON                 534.06      0.24      0.23
 MUSTARD #1 YELLOW                857.04      0.39      0.51
         #1 BROWN                 631.07      0.29      0.41
         #1 ORIENTAL              835.00      0.38      0.27

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 12/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    414.00   411.20   402.29   466.99    -13.9%
      -CWB #1CWRS VANC*     392.32   385.75   400.86   485.04    -17.4%
      -#1DNS GREAT FALLS    292.96   301.24   304.32   374.44    -18.7%
      -#1DNS PORTLAND       340.30   345.35   347.24   402.31    -13.7%
CORN  -#2 CHICAGO           173.60   172.65   182.36   183.26     -0.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     100.17   107.88   148.51   207.48    -28.4%
      -#2 STOCKTON          253.85   251.04   288.87   299.99     -3.7%
SOYBNS-#1 ILLINOIS          447.55   446.66   435.68   440.20     -1.0%
EXCH RATE Feb 12/2009: US$ in CANADA$ 1.2448  CANADA$ IN US$ 0.8033
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 08/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #28   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    165.6   6,529.2   6,214.2     +5.1%     +9.0%
 DURUM              57.5   1,535.1   1,925.2    -20.3%     +8.7%
 BARLEY             24.1     638.3   1,593.2    -59.9%    -45.6%
 OATS               24.2     967.7   1,182.9    -18.2%     -7.0%
 PEAS               26.3     914.4   1,181.5    -22.6%     +9.0%
 FLAXSEED            2.1     345.7     342.1     +1.1%     +0.2%
 CANOLA-EXPORTS    220.3   3,737.3   3,001.4    +24.5%    +14.8%
 CANOLA-CRUSH       84.8   2,196.4   2,107.1     +4.2%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Feb 05/2009
 WHEAT             518.4  20,279.7  24,695.0    -17.9%    -20.9%
 BARLEY               .4     235.5     625.1    -62.3%    -51.2%
 CORN              732.0  17,217.8  28,567.9    -39.7%    -28.2%
 SOYBEANS         1267.3  19,426.6  17,213.4    +12.9%     -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