Weekly Crop Market Review - March 13, 2009

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

WINNIPEG FUTURES (CDN $/TONNE) as of Mar 13/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAY09     152.60     143.70     150.50     +10.90
        -SASK  JUL09     157.60     157.50     157.60     +11.00
        -SASK  OCT09        N/A        N/A     156.10      +9.50
CANOLA  -SASK  MAY09     414.50     401.70     403.10      -6.60
        -SASK  JUL09     413.40     400.50     402.70      -4.20
        -SASK  NOV09     414.80     404.40     405.00      +0.00

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 13/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY09   5.39       5.06       5.18 1/4  -0.08 3/4
        -CBT   JUL09   5.50       5.19       5.30 3/4  -0.08
WHEAT   -MINN  MAY09   6.32       6.03 1/4   6.09 1/4  -0.03 3/4
        -MINN  JUL09   6.24 1/4   5.94 3/4   6.00 3/4  -0.04 1/4
WHEAT   -KANS  MAY09   5.88       5.58 1/2   5.70      -0.04
        -KANS  JUL09   5.95 1/4   5.67       5.79 1/4  -0.02
CORN    -CBT   MAY09   3.89       3.62       3.88 1/2  +0.27
        -CBT   JUL09   3.99 1/2   3.72 1/2   3.98 1/4  +0.27 1/4
OATS    -CBT   MAY09   1.91       1.79       1.86      +0.03 1/4
        -CBT   JUL09   2.00       1.93 1/4   1.95      +0.03 1/4
SOYBEAN -CBT   MAY09   8.93       8.57       8.76 1/2  +0.09 1/2
        -CBT   JUL09   8.91       8.57       8.75 1/4  +0.09 1/4
        -CBT   AUG09   8.71       8.49 1/2   8.61 1/2  +0.08 1/2
SOYOIL  -CBT   MAY09      31.95      29.70      30.17      -0.86
(¢/lb)  -CBT   JUL09      32.18      30.10      30.51      -0.85
SOYMEAL -CBT   MAY09     280.00     264.70     276.70     +11.40
($/ton) -CBT   JUL09     276.00     261.00     273.20     +11.20

FEEDMILL BIDS on Mar 09/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           170.00-190.00    170.00-185.00
      -REDDEER             N/A         160.00-165.30
      -EDMTN          161.70-213.10    161.70-170.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          169.00-220.00    202.10-220.00
BARLEY-LETH           145.00-165.00    145.00-160.00
      -MH/BRKS        150.00-158.00    150.00-160.00
      -CALGARY        147.00-170.00    135.00-156.00
      -REDDEER        140.10-170.00    130.00-156.00
      -VERM           119.40-137.80    124.00-128.60
      -EDMTN          128.60-170.00    128.60-156.00
      -PEACE R        126.30-135.50    126.30-137.80
CANOLA CRUSHER on Mar 11/2009
      -Meal (FOB)        253.17           261.80
      -Seed (DEL)        412.67           418.53

ELEVATOR BIDS on Mar 13/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     150.74           153.82
FEED OATS  -Red Deer      90.90            99.66
FEED BARLEY-Red Deer     148.99           132.89
RYE        -Red Deer     149.50           149.50
FLAXSEED   -Brooks       403.92           414.15
CANOLA     -Red Deer     399.78           411.42

SPECIAL CROP CASH BIDS on Mar 12/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           298.54      8.13     11.83
     FEED                         158.00      4.30      4.91
     LARGE YELLOW #2 OR BETTER    220.83      6.01     11.34
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 638.79      0.29      0.35
         #1 ESTON                 518.63      0.24      0.28
 MUSTARD #1 YELLOW                802.04      0.36      0.55
         #1 BROWN                 592.49      0.27      0.44
         #1 ORIENTAL              837.75      0.38      0.30

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 12/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    390.35   389.25   400.16   466.99    -14.3%
      -CWB #1CWRS VANC*     395.54     N/A    398.73   485.04    -17.8%
      -#1DNS GREAT FALLS    295.63   302.98   303.54   374.44    -18.9%
      -#1DNS PORTLAND       346.62   346.54   346.22   402.31    -13.9%
CORN  -#2 CHICAGO           187.70   175.50   181.78   183.26     -0.8%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS      94.47    95.15   142.17   207.48    -31.5%
      -#2 STOCKTON          225.60   227.24   282.68   299.99     -5.8%
SOYBNS-#1 ILLINOIS          422.75   412.10   433.07   440.20     -1.6%
EXCH RATE Mar 12/2009: US$ in CANADA$ 1.2791  CANADA$ IN US$ 0.7818
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 08/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #32   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    259.2   7,719.8   7,110.2     +8.6%     +9.0%
 DURUM              13.3   1,767.3   1,976.9    -10.6%     +8.7%
 BARLEY              1.0     747.2   1,851.7    -59.6%    -45.6%
 OATS               13.3   1,063.0   1,258.0    -15.5%     -7.0%
 PEAS               76.6   1,149.1   1,304.6    -11.9%     +9.0%
 FLAXSEED            3.6     355.4     354.5     +0.3%     +0.2%
 CANOLA-EXPORTS     95.6   4,291.3   3,482.5    +23.2%    +14.8%
 CANOLA-CRUSH       80.7   2,522.6   2,422.6     +4.1%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Mar 05/2009
 WHEAT             393.9  21,551.8  26,888.2    -19.8%    -20.9%
 BARLEY               .4     240.8     666.1    -63.8%    -51.2%
 CORN             1030.4  20,792.1  33,772.9    -38.4%    -28.2%
 SOYBEANS          740.6  23,140.4  20,703.3    +11.8%     -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