Weekly Crop Market Review - March 27, 2009

The next weekly will be published on Friday, April 3, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Mar 27/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAY09     154.00     144.00     151.90      +0.90
        -SASK  JUL09     159.30     157.00     157.00      -0.50
        -SASK  OCT09        N/A        N/A     158.00      -0.50
CANOLA  -SASK  MAY09     427.30     416.00     416.10      -4.70
        -SASK  JUL09     430.70     420.20     420.90      -2.20
        -SASK  NOV09     436.40     424.10     425.70      -1.00

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 27/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY09   5.61       5.03       5.07 1/4  -0.43
        -CBT   JUL09   5.73       5.17       5.20      -0.42 1/2
WHEAT   -MINN  MAY09   6.48 1/2   6.00       6.07 3/4  -0.28
        -MINN  JUL09   6.45 3/4   5.95 1/2   6.01 3/4  -0.30
WHEAT   -KANS  MAY09   6.12       5.47 1/4   5.50      -0.53
        -KANS  JUL09   6.24       5.57 1/2   5.60 1/2  -0.53 1/2
CORN    -CBT   MAY09   4.03       3.84 1/2   3.87      -0.09 1/2
        -CBT   JUL09   4.13 1/4   3.95       3.97 1/2  -0.09 1/2
OATS    -CBT   MAY09   2.02 1/2   1.92 3/4   1.95 1/2  -0.04 1/2
        -CBT   JUL09   2.10 1/2   2.02 1/4   2.04      -0.04 3/4
SOYBEAN -CBT   MAY09   9.80       9.16 1/2   9.17      -0.35
        -CBT   JUL09   9.75       9.14 1/2   9.15 1/4  -0.33 3/4
        -CBT   AUG09   9.61       9.00 3/4   9.00 3/4  -0.31 3/4
SOYOIL  -CBT   MAY09      33.78      32.40      32.42      +0.17
(¢/lb)  -CBT   JUL09      34.02      32.65      32.72      +0.20
SOYMEAL -CBT   MAY09     309.00     283.50     283.80     -16.70
($/ton) -CBT   JUL09     303.50     279.90     279.90     -15.90

FEEDMILL BIDS on Mar 23/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           170.00-190.00    175.00-195.00
      -REDDEER        165.30-170.00    165.30-170.00
      -EDMTN          161.70-170.00    161.70-170.00
OATS  -EDMTN          116.70-116.70    116.70-123.20
PEAS - EDMTN          190.00-202.10    200.00-202.10
BARLEY-LETH           150.00-170.00    157.00-168.00
      -MH/BRKS        145.00-155.00    145.00-155.00
      -CALGARY        147.00-162.00    147.00-163.00
      -REDDEER        144.70-162.00    142.40-160.00
      -VERM           119.40-137.80    128.60-137.80
      -EDMTN          128.60-162.00    128.60-160.00
      -PEACE R        126.30-133.20    126.30-135.50
CANOLA CRUSHER on Mar 25/2009
      -Meal (FOB)        262.00           260.33
      -Seed (DEL)        422.00           415.60

ELEVATOR BIDS on Mar 27/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     157.16           157.16
FEED OATS  -Red Deer      93.66            90.90
FEED BARLEY-Red Deer     140.37           148.09
RYE        -Red Deer     149.50           149.50
FLAXSEED   -Brooks       392.50           397.62
CANOLA     -Red Deer     417.69           416.98

SPECIAL CROP CASH BIDS on Mar 26/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           295.05      8.03     11.53
     FEED                         157.81      4.29      4.91
     LARGE YELLOW #2 OR BETTER    207.24      5.64     10.51
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 675.60      0.31      0.34
         #1 ESTON                 533.29      0.24      0.26
 MUSTARD #1 YELLOW                813.06      0.37      0.56
         #1 BROWN                 567.69      0.26      0.43
         #1 ORIENTAL              834.34      0.38      0.30

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 26/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    366.70   393.95   399.03   466.99    -14.6%
      -CWB #1CWRS VANC*       N/A    389.34   398.11   485.04    -17.9%
      -#1DNS GREAT FALLS    295.76   297.88   303.16   374.44    -19.0%
      -#1DNS PORTLAND       337.98   340.40   345.74   402.31    -14.1%
CORN  -#2 CHICAGO           180.58   184.18   181.82   183.26     -0.8%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     142.24   112.56   141.30   207.48    -31.9%
      -#2 STOCKTON          243.83   245.58   280.51   299.99     -6.5%
SOYBNS-#1 ILLINOIS          430.10   433.63   433.00   440.20     -1.6%
EXCH RATE Mar 26/2009: US$ in CANADA$ 1.2289  CANADA$ IN US$ 0.8137
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 22/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #34   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    324.8   8,319.1   7,599.4     +9.5%     +9.0%
 DURUM              27.9   1,877.0   2,034.7     -7.8%     +8.7%
 BARLEY             19.6     939.7   1,886.3    -50.2%    -45.6%
 OATS               16.8   1,094.3   1,278.9    -14.4%     -7.0%
 PEAS               72.6   1,235.1   1,330.2     -7.1%     +9.0%
 FLAXSEED            3.8     362.6     364.5     -0.5%     +0.2%
 CANOLA-EXPORTS    139.0   4,612.9   3,789.8    +21.7%    +14.8%
 CANOLA-CRUSH       83.7   2,689.6   2,579.1     +4.3%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Mar 19/2009
 WHEAT             609.3  22,511.7  27,880.6    -19.3%    -22.5%
 BARLEY             N/A      241.2     699.1    -65.5%    -63.4%
 CORN              761.6  22,533.4  36,281.2    -37.9%    -30.2%
 SOYBEANS          558.9  24,453.5  22,191.2    +10.2%     +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