Weekly Crop Market Review - April 17, 2009

The next weekly will be published on Friday, April 24, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 17/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAY09     138.50     132.90     132.90      -2.10
        -SASK  JUL09     143.90     131.50     139.90      -1.60
        -SASK  OCT09     148.90     145.00     148.90      -1.60
CANOLA  -SASK  MAY09     444.90     422.00     439.00     +10.50
        -SASK  JUL09     448.80     426.50     441.90      +8.70
        -SASK  NOV09     450.90     435.60     444.00      +7.20

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 17/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY09   5.32 1/2   5.14       5.23      +0.01
        -CBT   JUL09   5.44 1/2   5.25 1/4   5.34 3/4  +0.01 1/4
WHEAT   -MINN  MAY09   6.44       6.25       6.35 3/4  -0.08 3/4
        -MINN  JUL09   6.29 1/2   6.11 1/2   6.23 1/2  -0.04 3/4
WHEAT   -KANS  MAY09   5.77       5.56       5.69      -0.01 1/2
        -KANS  JUL09   5.87 1/2   5.66       5.79 1/2  -0.00 1/2
CORN    -CBT   MAY09   3.97 1/2   3.76 1/4   3.76 1/4  -0.14
        -CBT   JUL09   4.07       3.85 1/4   3.85 3/4  -0.14
OATS    -CBT   MAY09   1.94       1.83 1/2   1.89      -0.07
        -CBT   JUL09   2.04 1/2   1.92       1.97 3/4  -0.07 1/4
SOYBEAN -CBT   MAY09  10.72      10.01      10.51      +0.44
        -CBT   JUL09  10.63       9.96 1/2  10.41 1/2  +0.39 1/2
        -CBT   AUG09  10.36       9.91      10.13      +0.33
SOYOIL  -CBT   MAY09      37.35      35.38      36.77      +1.35
(¢/lb)  -CBT   JUL09      37.65      35.68      37.07      +1.36
SOYMEAL -CBT   MAY09     333.50     308.00     326.60     +15.40
($/ton) -CBT   JUL09     326.00     303.80     318.70     +12.30

FEEDMILL BIDS on Apr 13/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           175.00-190.00    173.00-190.00
      -REDDEER        170.00-221.00    170.00-170.00
      -EDMTN          169.00-170.00    161.70-175.00
OATS  -EDMTN          116.70-116.70    116.70-116.70
PEAS - EDMTN          200.00-213.10    202.10-213.10
BARLEY-LETH           156.00-167.00    160.00-167.00
      -MH/BRKS        152.00-160.00    152.00-165.00
      -CALGARY        147.00-165.00    155.00-165.00
      -REDDEER        145.00-172.00    150.00-150.00
      -VERM           130.90-137.80    130.90-137.80
      -EDMTN          130.90-165.00    128.60-165.00
      -PEACE R        126.30-126.30    126.30-126.30
CANOLA CRUSHER on Apr 15/2009
      -Meal (FOB)        272.17           263.33
      -Seed (DEL)        437.27           432.50

ELEVATOR BIDS on Apr 17/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     154.50           162.25
FEED OATS  -Red Deer     132.44           134.51
FEED BARLEY-Red Deer       N/A              N/A
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       390.14           390.14
CANOLA     -Red Deer     424.13           415.53

SPECIAL CROP CASH BIDS on Apr 16/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           304.79      8.30     11.44
     FEED                         153.96      4.19      4.91
     LARGE YELLOW #2 OR BETTER    215.32      5.86      9.87
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 752.32      0.34      0.34
         #1 ESTON                 534.62      0.24      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 $/TONNE) as of Apr 16/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    365.80   391.10   397.82   466.99    -14.8%
      -CWB #1CWRS VANC*       N/A      N/A    398.11   485.04    -17.9%
      -#1DNS GREAT FALLS    276.01     N/A    302.44   374.44    -19.2%
      -#1DNS PORTLAND       320.01     N/A    346.41   402.31    -13.9%
CORN  -#2 CHICAGO           173.93   178.35   181.64   183.26     -0.9%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     140.67   142.48   141.37   207.48    -31.9%
      -#2 STOCKTON          260.01   263.36   278.62   299.99     -7.1%
SOYBNS-#1 ILLINOIS          472.23   458.29   435.16   440.20     -1.1%
EXCH RATE Apr 16/2009: US$ in CANADA$ 1.2096  CANADA$ IN US$ 0.8267
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Apr 12/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #37   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    232.8   9,113.0   8,047.6    +13.2%     +9.0%
 DURUM             158.3   2,250.6   2,266.2     -0.7%     +8.7%
 BARLEY             59.5   1,031.2   2,096.4    -50.8%    -45.6%
 OATS               33.5   1,159.1   1,403.7    -17.4%     -7.0%
 PEAS               36.1   1,396.2   1,360.1     +2.7%     +9.0%
 FLAXSEED            4.0     372.0     376.0     -1.1%     +0.2%
 CANOLA-EXPORTS    253.9   5,215.0   4,026.8    +29.5%    +14.8%
 CANOLA-CRUSH       78.3   2,937.3   2,814.1     +4.4%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Apr 09/2009
 WHEAT             562.2  23,973.9  29,489.9    -18.7%    -22.5%
 BARLEY               .3     241.8     723.0    -66.6%    -65.9%
 CORN              798.3  25,449.5  39,954.4    -36.3%    -30.2%
 SOYBEANS          557.4  26,346.9  23,740.0    +11.0%     +4.2%
NOPA SOYBEAN Month Ending: Feb 28/2009
 SOYBEAN CRUSH    3501.7  21,928.7  24,189.5     -9.3%     -9.2%
* From Canadian Grain Commission Calendar