Weekly Crop Market Review - March 6, 2009

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

WINNIPEG FUTURES (CDN $/TONNE) as of Mar 06/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAY09     139.80     136.00     139.60      +0.90
        -SASK  JUL09     141.60     141.60     146.60      +3.30
        -SASK  OCT09        N/A        N/A     146.60      +3.30
CANOLA  -SASK  MAY09     413.90     392.20     409.70      +4.90
        -SASK  JUL09     414.00     397.40     406.90      -2.20
        -SASK  NOV09     418.00     395.80     405.00     -13.80

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 06/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY09   5.33       4.99       5.27      +0.05 1/2
        -CBT   JUL09   5.45       5.12 1/2   5.38 3/4  +0.05 1/2
WHEAT   -MINN  MAY09   6.20       5.87 1/2   6.13      +0.06 3/4
        -MINN  JUL09   6.12       5.80 1/4   6.05      +0.05
WHEAT   -KANS  MAY09   5.78 3/4   5.41 1/2   5.74      +0.14
        -KANS  JUL09   5.86       5.48 1/2   5.81 1/4  +0.13 1/2
CORN    -CBT   MAY09   3.65 1/2   3.47       3.61 1/2  +0.02 1/2
        -CBT   JUL09   3.75 1/4   3.56 3/4   3.71      +0.02 1/2
OATS    -CBT   MAY09   1.91       1.82 3/4   1.82 3/4  -0.11 1/4
        -CBT   JUL09   2.00       1.91 3/4   1.91 3/4  -0.11 1/4
SOYBEAN -CBT   MAY09   8.78       8.43       8.67      -0.05
        -CBT   JUL09   8.75 1/2   8.43       8.66      -0.09
        -CBT   AUG09   8.58       8.34 1/4   8.53      -0.11 1/2
SOYOIL  -CBT   MAY09      31.25      30.12      31.03      -0.08
(¢/lb)  -CBT   JUL09      31.60      30.45      31.36      -0.08
SOYMEAL -CBT   MAY09     272.30     258.50     265.30      -4.50
($/ton) -CBT   JUL09     266.00     256.50     262.00      -5.30

FEEDMILL BIDS on Mar 02/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           170.00-185.00    165.30-185.00
      -REDDEER        160.00-165.30    165.30-170.00
      -EDMTN          161.70-170.00    161.70-170.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          202.10-220.00    202.10-213.10
BARLEY-LETH           145.00-160.00    139.70-162.00
      -MH/BRKS        150.00-160.00    148.00-165.00
      -CALGARY        135.00-156.00    142.00-158.00
      -REDDEER        130.00-156.00    136.00-155.00
      -VERM           124.00-128.60         N/A
      -EDMTN          128.60-156.00    128.60-158.00
      -PEACE R        126.30-137.80    126.30-137.80
CANOLA CRUSHER on Mar 04/2009
      -Meal (FOB)        261.80           262.33
      -Seed (DEL)        418.53           416.73

ELEVATOR BIDS on Mar 06/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     153.82           163.50
FEED OATS  -Red Deer      99.66             N/A
FEED BARLEY-Red Deer     132.89           125.84
RYE        -Red Deer     149.50             N/A
FLAXSEED   -Brooks       414.15           416.91
CANOLA     -Red Deer     411.42           403.02

SPECIAL CROP CASH BIDS on Mar 05/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           300.93      8.19     11.58
     FEED                         158.00      4.30      4.91
     LARGE YELLOW #2 OR BETTER    221.75      6.04     11.34
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 638.79      0.29      0.36
         #1 ESTON                 520.84      0.24      0.28
 MUSTARD #1 YELLOW                802.04      0.36      0.55
         #1 BROWN                 599.88      0.27      0.44
         #1 ORIENTAL              837.75      0.38      0.30

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 05/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    389.25   383.75   400.47   466.99    -14.2%
      -CWB #1CWRS VANC*       N/A    392.11   398.98   485.04    -17.7%
      -#1DNS GREAT FALLS    302.98   297.93   303.79   374.44    -18.9%
      -#1DNS PORTLAND       346.54   336.15   346.21   402.31    -13.9%
CORN  -#2 CHICAGO           175.50   176.13   181.60   183.26     -0.9%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS      95.15   100.15   143.70   207.48    -30.7%
      -#2 STOCKTON          227.24   248.66   284.47   299.99     -5.2%
SOYBNS-#1 ILLINOIS          412.10   406.71   433.39   440.20     -1.5%
EXCH RATE Mar 05/2009: US$ in CANADA$ 1.2884  CANADA$ IN US$ 0.7762
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 01/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #31   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    333.7   7,460.6   6,822.3     +9.4%     +9.0%
 DURUM              56.4   1,754.0   1,975.8    -11.2%     +8.7%
 BARLEY             38.8     746.2   1,837.2    -59.4%    -45.6%
 OATS               39.3   1,049.7   1,245.1    -15.7%     -7.0%
 PEAS               49.8   1,072.5   1,257.3    -14.7%     +9.0%
 FLAXSEED            1.6     351.8     354.2     -0.7%     +0.2%
 CANOLA-EXPORTS    156.9   4,195.7   3,359.3    +24.9%    +14.8%
 CANOLA-CRUSH       82.7   2,441.9   2,345.2     +4.1%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Feb 26/2009
 WHEAT             235.8  21,095.9  26,327.0    -19.9%    -20.9%
 BARLEY              1.2     239.5     664.8    -64.0%    -51.2%
 CORN              797.3  19,675.1  32,514.5    -39.5%    -28.2%
 SOYBEANS          740.8  22,370.5  19,814.9    +12.9%     -0.9%
NOPA SOYBEAN Month Ending: Jan 31/2009
 SOYBEAN CRUSH    3785.7  18,426.9  20,408.7     -9.7%     -8.4%
* From Canadian Grain Commission Calendar