Weekly Crop Market Review - April 10, 2009

The next weekly will be published on Friday, April 17, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 10/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAY09     141.00     124.50     135.00      -8.50
        -SASK  JUL09     145.60     129.70     141.50      -6.60
        -SASK  OCT09        N/A        N/A     150.50      +1.40
CANOLA  -SASK  MAY09     436.10     426.00     428.50      -3.30
        -SASK  JUL09     440.00     429.50     433.20      -2.60
        -SASK  NOV09     443.70     434.90     436.80      -2.50

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 10/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY09   5.67       5.21       5.22      -0.41 1/2
        -CBT   JUL09   5.80       5.33       5.33 1/2  -0.42 1/4
WHEAT   -MINN  MAY09   6.85       6.41 1/2   6.44 1/2  -0.27
        -MINN  JUL09   6.69 1/4   6.26       6.28 1/4  -0.32 1/2
WHEAT   -KANS  MAY09   6.15       5.70 1/2   5.70 1/2  -0.37
        -KANS  JUL09   6.26       5.79 1/2   5.80      -0.37 3/4
CORN    -CBT   MAY09   4.06 1/2   3.89 1/2   3.90 1/4  -0.14 1/4
        -CBT   JUL09   4.16 1/2   3.99 1/2   3.99 3/4  -0.15
OATS    -CBT   MAY09   2.00       1.94 3/4   1.96      -0.03
        -CBT   JUL09   2.09       2.05       2.05      -0.03 1/2
SOYBEAN -CBT   MAY09  10.28       9.86 1/2  10.07      +0.11 1/2
        -CBT   JUL09  10.24       9.85 1/2  10.02      +0.06 3/4
        -CBT   AUG09   9.80       9.67       9.80      +0.03 1/4
SOYOIL  -CBT   MAY09      35.90      34.70      35.42      +0.10
(¢/lb)  -CBT   JUL09      36.16      34.96      35.71      +0.13
SOYMEAL -CBT   MAY09     318.50     304.50     311.20      +5.20
($/ton) -CBT   JUL09     314.00     301.20     306.40      +3.40

FEEDMILL BIDS on Apr 06/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           173.00-190.00    172.00-190.00
      -REDDEER        170.00-170.00    165.30-165.30
      -EDMTN          161.70-175.00    161.70-163.00
OATS  -EDMTN          116.70-116.70    116.70-116.70
PEAS - EDMTN          202.10-213.10    202.10-204.00
BARLEY-LETH           160.00-167.00    163.00-168.00
      -MH/BRKS        152.00-165.00    145.00-165.00
      -CALGARY        155.00-165.00    147.00-168.00
      -REDDEER        150.00-150.00    144.70-165.00
      -VERM           130.90-137.80    126.30-137.80
      -EDMTN          128.60-165.00    128.60-165.00
      -PEACE R        126.30-126.30    126.30-126.30
CANOLA CRUSHER on Apr 08/2009
      -Meal (FOB)        263.33           262.22
      -Seed (DEL)        432.50           430.07

ELEVATOR BIDS on Apr 10/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     162.25           154.50
FEED OATS  -Red Deer     134.51             N/A
FEED BARLEY-Red Deer       N/A            138.70
RYE        -Red Deer       N/A            128.69
FLAXSEED   -Brooks       390.14           389.35
CANOLA     -Red Deer     415.53           416.23

SPECIAL CROP CASH BIDS on Apr 09/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           301.66      8.21     11.44
     FEED                         153.96      4.19      4.91
     LARGE YELLOW #2 OR BETTER    215.14      5.86      9.81
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 679.79      0.31      0.33
         #1 ESTON                 543.77      0.25      0.26
 MUSTARD #1 YELLOW                812.95      0.37      0.56
         #1 BROWN                 545.64      0.25      0.43
         #1 ORIENTAL              834.34      0.38      0.30

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Apr 09/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    391.10   394.20   398.68   466.99    -14.6%
      -CWB #1CWRS VANC*       N/A      N/A    398.11   485.04    -17.9%
      -#1DNS GREAT FALLS      N/A    303.67   303.17   374.44    -19.0%
      -#1DNS PORTLAND         N/A    392.12   347.29   402.31    -13.7%
CORN  -#2 CHICAGO           183.39   186.61   181.99   183.26     -0.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS       N/A    143.63   141.36   207.48    -31.9%
      -#2 STOCKTON          265.96   246.22   279.19   299.99     -6.9%
SOYBNS-#1 ILLINOIS          462.81   450.48   434.28   440.20     -1.3%
EXCH RATE Apr 09/2009: US$ in CANADA$ 1.2373  CANADA$ IN US$ 0.8082
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Apr 05/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #36   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    282.5   8,880.2   7,936.8    +11.9%     +9.0%
 DURUM             125.9   2,093.7   2,108.5     -0.7%     +8.7%
 BARLEY              2.1     971.7   2,070.5    -53.1%    -45.6%
 OATS               15.8   1,125.6   1,351.8    -16.7%     -7.0%
 PEAS               43.9   1,360.1   1,360.1     +0.0%     +9.0%
 FLAXSEED            4.5     368.0     371.3     -0.9%     +0.2%
 CANOLA-EXPORTS    150.5   4,961.1   3,980.1    +24.6%    +14.8%
 CANOLA-CRUSH       86.2   2,859.0   2,736.9     +4.5%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Apr 02/2009
 WHEAT             447.7  23,389.8  29,074.9    -19.6%    -22.5%
 BARLEY             N/A      241.5     705.8    -65.8%    -63.4%
 CORN             1074.2  24,596.3  38,744.7    -36.5%    -30.2%
 SOYBEANS          444.4  25,655.5  23,295.0    +10.1%     +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