Weekly Crop Market Review - April 3, 2009

The next weekly will be published on Thursday, April 9, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 03/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAY09     150.90     140.10     143.50      -8.40
        -SASK  JUL09     155.80     147.80     148.10      -8.90
        -SASK  OCT09        N/A        N/A     149.10      -8.90
CANOLA  -SASK  MAY09     434.50     410.50     431.80     +15.70
        -SASK  JUL09     438.30     414.30     435.80     +14.90
        -SASK  NOV09     443.10     420.70     439.30     +13.60

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 03/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY09   5.65       5.01       5.63 1/2  +0.56 1/4
        -CBT   JUL09   5.76 1/2   5.14       5.75 3/4  +0.55 3/4
WHEAT   -MINN  MAY09   6.73 3/4   6.02       6.71 1/2  +0.63 3/4
        -MINN  JUL09   6.62       5.95 1/4   6.60 3/4  +0.59
WHEAT   -KANS  MAY09   6.10       5.46 1/2   6.07 1/2  +0.57 1/2
        -KANS  JUL09   6.20       5.55       6.17 3/4  +0.57 1/4
CORN    -CBT   MAY09   4.07 1/4   3.79 3/4   4.04 1/2  +0.17 1/2
        -CBT   JUL09   4.17       3.89 1/2   4.14 3/4  +0.17 1/4
OATS    -CBT   MAY09   2.00       1.88 1/2   1.99      +0.03 1/2
        -CBT   JUL09   2.10 1/4   1.97 1/4   2.08 1/2  +0.04 1/2
SOYBEAN -CBT   MAY09   9.97       8.97       9.95 1/2  +0.78 1/2
        -CBT   JUL09   9.97       8.96       9.95 1/4  +0.80
        -CBT   AUG09   9.76 3/4   8.87       9.76 3/4  +0.76
SOYOIL  -CBT   MAY09      35.35      31.80      35.32      +2.90
(¢/lb)  -CBT   JUL09      35.61      32.10      35.58      +2.86
SOYMEAL -CBT   MAY09     306.00     278.00     306.00     +22.20
($/ton) -CBT   JUL09     303.00     274.50     303.00     +23.10

FEEDMILL BIDS on Mar 30/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           172.00-190.00    170.00-190.00
      -REDDEER        165.30-165.30    165.30-170.00
      -EDMTN          161.70-163.00    161.70-170.00
OATS  -EDMTN          116.70-116.70    116.70-116.70
PEAS - EDMTN          202.10-204.00    190.00-202.10
BARLEY-LETH           163.00-168.00    150.00-170.00
      -MH/BRKS        145.00-165.00    145.00-155.00
      -CALGARY        147.00-168.00    147.00-162.00
      -REDDEER        144.70-165.00    144.70-162.00
      -VERM           126.30-137.80    119.40-137.80
      -EDMTN          128.60-165.00    128.60-162.00
      -PEACE R        126.30-126.30    126.30-133.20
CANOLA CRUSHER on Apr 01/2009
      -Meal (FOB)        262.22           262.00
      -Seed (DEL)        430.07           422.00

ELEVATOR BIDS on Apr 03/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     154.50           157.16
FEED OATS  -Red Deer       N/A             93.66
FEED BARLEY-Red Deer     138.70           140.37
RYE        -Red Deer     128.69           149.50
FLAXSEED   -Brooks       389.35           392.50
CANOLA     -Red Deer     416.23           417.69

SPECIAL CROP CASH BIDS on Apr 02/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           300.01      8.17     11.44
     FEED                         154.51      4.20      4.91
     LARGE YELLOW #2 OR BETTER    212.38      5.78     10.43
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 675.60      0.31      0.33
         #1 ESTON                 516.21      0.23      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 $/TONNE) as of Apr 02/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    394.20   366.70   398.89   466.99    -14.6%
      -CWB #1CWRS VANC*       N/A      N/A    398.11   485.04    -17.9%
      -#1DNS GREAT FALLS    303.67   295.76   303.17   374.44    -19.0%
      -#1DNS PORTLAND       392.12   337.98   347.29   402.31    -13.7%
CORN  -#2 CHICAGO           186.61   180.58   181.95   183.26     -0.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     143.63   142.24   141.36   207.48    -31.9%
      -#2 STOCKTON          246.22   243.83   279.56   299.99     -6.8%
SOYBNS-#1 ILLINOIS          450.48   430.10   433.49   440.20     -1.5%
EXCH RATE Apr 02/2009: US$ in CANADA$ 1.2409  CANADA$ IN US$ 0.8059
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 29/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #35   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    278.6   8,597.7   7,732.2    +11.2%     +9.0%
 DURUM              90.8   1,967.8   2,093.1     -6.0%     +8.7%
 BARLEY             29.9     969.6   1,979.5    -51.0%    -45.6%
 OATS               15.5   1,109.8   1,310.8    -15.3%     -7.0%
 PEAS               81.1   1,316.2   1,360.1     -3.2%     +9.0%
 FLAXSEED             .9     363.5     370.6     -1.9%     +0.2%
 CANOLA-EXPORTS    197.7   4,810.6   3,914.6    +22.9%    +14.8%
 CANOLA-CRUSH       83.2   2,772.8   2,659.9     +4.2%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Mar 26/2009
 WHEAT             408.4  22,914.7  28,360.3    -19.2%    -22.5%
 BARLEY               .3     241.5     702.9    -65.6%    -63.4%
 CORN              909.0  23,476.6  37,410.1    -37.2%    -30.2%
 SOYBEANS          638.3  25,239.5  22,889.0    +10.3%     +2.1%
NOPA SOYBEAN Month Ending: Feb 28/2009
 SOYBEAN CRUSH    3501.7  21,928.7  24,189.5     -9.3%     -8.9%
* From Canadian Grain Commission Calendar