Weekly Crop Market Review - March 20, 2009

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

WINNIPEG FUTURES (CDN $/TONNE) as of Mar 20/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAY09     157.90     149.60     151.00      +0.50
        -SASK  JUL09     157.50     157.50     157.50      -0.10
        -SASK  OCT09        N/A        N/A     158.50      +2.40
CANOLA  -SASK  MAY09     421.70     404.50     420.80     +17.70
        -SASK  JUL09     423.80     402.10     423.10     +20.40
        -SASK  NOV09     427.30     406.80     426.70     +21.70

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 20/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY09   5.59       5.21       5.50 1/4  +0.32
        -CBT   JUL09   5.71       5.42       5.62 1/2  +0.31 3/4
WHEAT   -MINN  MAY09   6.44       6.05       6.35 3/4  +0.26 1/2
        -MINN  JUL09   6.38 1/4   6.04 1/2   6.31 3/4  +0.31
WHEAT   -KANS  MAY09   6.09       5.71       6.03      +0.33
        -KANS  JUL09   6.18       5.80       6.14      +0.34 3/4
CORN    -CBT   MAY09   4.02       3.85       3.96 1/2  +0.08
        -CBT   JUL09   4.12 1/2   3.95       4.07      +0.08 3/4
OATS    -CBT   MAY09   2.01       1.88 1/2   2.00      +0.14
        -CBT   JUL09   2.08 3/4   1.97       2.08 3/4  +0.13 3/4
SOYBEAN -CBT   MAY09   9.52 1/2   8.82       9.52      +0.75 1/2
        -CBT   JUL09   9.50       8.81       9.49      +0.73 3/4
        -CBT   AUG09   9.37       8.89       9.32 1/2  +0.71
SOYOIL  -CBT   MAY09      32.35      30.08      32.25      +2.08
(¢/lb)  -CBT   JUL09      32.63      30.43      32.52      +2.01
SOYMEAL -CBT   MAY09     301.00     278.50     300.50     +23.80
($/ton) -CBT   JUL09     296.50     274.70     295.80     +22.60

FEEDMILL BIDS on Mar 16/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           175.00-195.00    170.00-190.00
      -REDDEER        165.30-170.00         N/A
      -EDMTN          161.70-170.00    161.70-213.10
OATS  -EDMTN          116.70-123.20         N/A
PEAS - EDMTN          200.00-202.10    169.00-220.00
BARLEY-LETH           157.00-168.00    145.00-165.00
      -MH/BRKS        145.00-155.00    150.00-158.00
      -CALGARY        147.00-163.00    147.00-170.00
      -REDDEER        142.40-160.00    140.10-170.00
      -VERM           128.60-137.80    119.40-137.80
      -EDMTN          128.60-160.00    128.60-170.00
      -PEACE R        126.30-135.50    126.30-135.50
CANOLA CRUSHER on Mar 18/2009
      -Meal (FOB)        260.33           253.17
      -Seed (DEL)        415.60           412.67

ELEVATOR BIDS on Mar 20/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     157.16           150.74
FEED OATS  -Red Deer      90.90            90.90
FEED BARLEY-Red Deer     148.09           148.99
RYE        -Red Deer     149.50           149.50
FLAXSEED   -Brooks       397.62           403.92
CANOLA     -Red Deer     416.98           399.78

SPECIAL CROP CASH BIDS on Mar 19/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           300.93      8.19     11.78
     FEED                         155.61      4.23      4.91
     LARGE YELLOW #2 OR BETTER    210.18      5.72     10.56
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 654.22      0.30      0.34
         #1 ESTON                 528.55      0.24      0.26
 MUSTARD #1 YELLOW                802.04      0.36      0.56
         #1 BROWN                 559.42      0.25      0.43
         #1 ORIENTAL              837.75      0.38      0.30

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 19/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    393.95   390.35   399.98   466.99    -14.3%
      -CWB #1CWRS VANC*     389.34   395.54   398.11   485.04    -17.9%
      -#1DNS GREAT FALLS    297.88   295.63   303.38   374.44    -19.0%
      -#1DNS PORTLAND       340.40   346.62   346.02   402.31    -14.0%
CORN  -#2 CHICAGO           184.18   187.70   181.85   183.26     -0.8%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     112.56    94.47   141.27   207.48    -31.9%
      -#2 STOCKTON          245.58   225.60   281.59   299.99     -6.1%
SOYBNS-#1 ILLINOIS          433.63   422.75   433.09   440.20     -1.6%
EXCH RATE Mar 19/2009: US$ in CANADA$ 1.2377  CANADA$ IN US$ 0.8080
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 15/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #33   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    222.1   7,974.5   7,323.9     +8.9%     +9.0%
 DURUM              20.6   1,837.4   2,014.8     -8.8%     +8.7%
 BARLEY             54.0     852.8   1,889.2    -54.9%    -45.6%
 OATS               14.5   1,077.5   1,266.6    -14.9%     -7.0%
 PEAS               13.4   1,162.5   1,310.0    -11.3%     +9.0%
 FLAXSEED            3.4     358.8     364.3     -1.5%     +0.2%
 CANOLA-EXPORTS    182.6   4,473.9   3,632.2    +23.2%    +14.8%
 CANOLA-CRUSH       83.3   2,606.0   2,502.9     +4.1%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Mar 12/2009
 WHEAT             344.1  21,898.7  27,376.6    -20.0%    -22.5%
 BARLEY             N/A      241.2     667.0    -63.8%    -63.4%
 CORN              737.6  21,613.5  35,068.8    -38.4%    -30.2%
 SOYBEANS          610.1  23,852.0  21,403.6    +11.4%     +2.1%
NOPA SOYBEAN Month Ending: Jan 31/2009
 SOYBEAN CRUSH    3785.7  18,426.9  20,408.7     -9.7%     -8.9%
* From Canadian Grain Commission Calendar