Weekly Crop Market Review - February 20, 2009

The next weekly will be published on Friday, February 27, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 20/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAR09     142.50     137.50     137.50      -5.10
        -SASK  MAY09     149.00     142.50     142.50      -6.60
        -SASK  JUL09     150.60     147.10     147.10      -6.60
CANOLA  -SASK  MAR09     423.50     404.50     408.10     -14.90
        -SASK  MAY09     430.60     407.00     410.00     -21.20
        -SASK  JUL09     435.50     411.80     415.30     -23.20

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 20/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR09   5.25       5.05       5.19 1/4  -0.16 1/4
        -CBT   MAY09   5.38       5.15       5.30 1/2  -0.17 3/4
WHEAT   -MINN  MAR09   6.35 1/2   6.10       6.24 3/4  -0.11 1/4
        -MINN  MAY09   6.24 3/4   5.96 1/4   6.05 1/4  -0.19 1/2
WHEAT   -KANS  MAR09   5.66       5.43       5.56 1/4  -0.18 1/4
        -KANS  MAY09   5.76       5.52 1/2   5.63 1/2  -0.20 1/4
CORN    -CBT   MAR09   3.58       3.42       3.50 1/4  -0.13
        -CBT   MAY09   3.67       3.50 1/2   3.59      -0.14 1/4
OATS    -CBT   MAR09   1.80 1/2   1.65       1.68 1/2  -0.16
        -CBT   MAY09   1.90 1/2   1.78       1.78      -0.15 1/2
SOYBEAN -CBT   MAR09   9.31       8.54       8.62 1/2  -0.93
        -CBT   MAY09   9.26       8.54 1/2   8.63 1/4  -0.94 1/2
        -CBT   JUL09   9.30       8.60       8.69 1/4  -0.92 3/4
SOYOIL  -CBT   MAR09      31.75      29.60      30.22      -2.78
(¢/lb)  -CBT   MAY09      31.98      30.00      30.53      -2.81
SOYMEAL -CBT   MAR09     291.50     268.00     270.00     -27.70
($/ton) -CBT   MAY09     287.50     265.30     267.20     -27.80

FEEDMILL BIDS on Feb 16/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           175.00-185.00    172.00-185.00
      -REDDEER        165.30-170.00    165.30-170.00
      -EDMTN          163.10-170.00    163.10-170.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          192.90-213.10    192.90-213.10
BARLEY-LETH           139.70-164.00    139.70-168.00
      -MH/BRKS        146.00-163.10    150.00-162.10
      -CALGARY        142.00-164.00    142.00-165.00
      -REDDEER        136.00-164.00    136.00-168.00
      -VERM           128.60-133.20    124.00-128.60
      -EDMTN          130.00-164.00    130.00-167.00
      -PEACE R        126.30-137.80    126.30-137.80
CANOLA CRUSHER on Feb 18/2009
      -Meal (FOB)        270.90           309.47
      -Seed (DEL)        423.20           432.13

ELEVATOR BIDS on Feb 20/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     163.50           163.50
FEED OATS  -Red Deer     122.29            92.65
FEED BARLEY-Red Deer     130.14           132.28
RYE        -Red Deer     149.50             N/A
FLAXSEED   -Brooks       414.15           435.80
CANOLA     -Red Deer     409.64           422.85

SPECIAL CROP CASH BIDS on Feb 19/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           296.34      8.07     10.94
     FEED                         168.47      4.58      4.91
     LARGE YELLOW #2 OR BETTER    220.09      5.99     10.63
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 632.17      0.29      0.31
         #1 ESTON                 515.33      0.23      0.23
 MUSTARD #1 YELLOW                835.00      0.38      0.51
         #1 BROWN                 614.54      0.28      0.41
         #1 ORIENTAL              835.00      0.38      0.27

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 19/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    375.70   414.00   401.40   466.99    -14.0%
      -CWB #1CWRS VANC*     385.14   392.32   399.55   485.04    -17.6%
      -#1DNS GREAT FALLS    295.21   292.96   304.01   374.44    -18.8%
      -#1DNS PORTLAND       332.23   340.30   346.61   402.31    -13.8%
CORN  -#2 CHICAGO           170.91   173.60   181.98   183.26     -0.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     101.33   100.17   146.88   207.48    -29.2%
      -#2 STOCKTON          249.87   253.85   287.57   299.99     -4.1%
SOYBNS-#1 ILLINOIS          415.05   447.55   434.99   440.20     -1.2%
EXCH RATE Feb 19/2009: US$ in CANADA$ 1.2593  CANADA$ IN US$ 0.7941
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 15/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #29   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    336.2   6,865.4   6,423.1     +6.9%     +9.0%
 DURUM              45.6   1,580.7   1,937.7    -18.4%     +8.7%
 BARLEY             30.7     669.0   1,631.7    -59.0%    -45.6%
 OATS               21.7     989.4   1,221.7    -19.0%     -7.0%
 PEAS               53.5     967.9   1,205.2    -19.7%     +9.0%
 FLAXSEED             .2     345.9     347.6     -0.5%     +0.2%
 CANOLA-EXPORTS    140.5   3,877.8   3,088.1    +25.6%    +14.8%
 CANOLA-CRUSH       83.9   2,280.2   2,185.7     +4.3%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Feb 12/2009
 WHEAT             284.8  20,572.3  25,336.6    -18.8%    -20.9%
 BARLEY             N/A      235.5     657.2    -64.2%    -51.2%
 CORN              860.0  18,102.8  29,924.8    -39.5%    -28.2%
 SOYBEANS         1296.5  20,778.8  18,161.3    +14.4%     -0.9%
NOPA SOYBEAN Month Ending: Dec 31/2008
 SOYBEAN CRUSH    3668.3  14,641.3  16,260.0    -10.0%     -8.4%
* From Canadian Grain Commission Calendar