Weekly Crop Market Review - April 24, 2009

The next weekly will be published on Friday, May 1, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 24/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAY09     137.00     128.10     136.00      +3.10
        -SASK  JUL09     147.00     135.60     147.00      +7.10
        -SASK  OCT09        N/A        N/A     156.00      +7.10
CANOLA  -SASK  MAY09     447.90     433.20     447.20      +8.20
        -SASK  JUL09     451.10     436.00     448.40      +6.50
        -SASK  NOV09     452.00     437.00     451.40      +7.40

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 24/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY09   5.32 1/4   5.02       5.32 1/4  +0.09 1/4
        -CBT   JUL09   5.44 1/2   5.13       5.43 1/4  +0.08 1/2
WHEAT   -MINN  MAY09   6.78 1/2   6.17 3/4   6.65      +0.29 1/4
        -MINN  JUL09   6.61 1/4   6.05 3/4   6.51      +0.27 1/2
WHEAT   -KANS  MAY09   5.86 1/2   5.52       5.86 1/4  +0.17 1/4
        -KANS  JUL09   5.94       5.63       5.93 1/2  +0.14
CORN    -CBT   MAY09   3.86       3.60 1/2   3.77      +0.00 3/4
        -CBT   JUL09   3.95       3.70       3.85 3/4  +0.00
OATS    -CBT   MAY09   1.95       1.80       1.93 1/4  +0.04 1/4
        -CBT   JUL09   2.07       1.89 3/4   2.02 1/4  +0.04 1/2
SOYBEAN -CBT   MAY09  10.62      10.18      10.40 1/4  -0.10 3/4
        -CBT   JUL09  10.57      10.10      10.34      -0.07 1/2
        -CBT   AUG09  10.30       9.81      10.10 1/2  -0.02 1/2
SOYOIL  -CBT   MAY09      36.70      35.40      36.34      -0.43
(¢/lb)  -CBT   JUL09      37.05      35.70      36.65      -0.42
SOYMEAL -CBT   MAY09     334.80     318.60     325.40      -1.20
($/ton) -CBT   JUL09     327.50     310.00     318.30      -0.40

FEEDMILL BIDS on Apr 20/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           175.00-190.00    175.00-190.00
      -REDDEER        165.30-170.00    170.00-221.00
      -EDMTN          161.70-170.00    169.00-170.00
OATS  -EDMTN          116.70-116.70    116.70-116.70
PEAS - EDMTN          195.00-213.10    200.00-213.10
BARLEY-LETH           154.00-165.00    156.00-167.00
      -MH/BRKS        152.00-160.00    152.00-160.00
      -CALGARY        147.00-158.00    147.00-165.00
      -REDDEER        145.00-165.00    145.00-172.00
      -VERM           133.20-137.80    130.90-137.80
      -EDMTN          128.60-165.00    130.90-165.00
      -PEACE R        126.30-126.30    126.30-126.30
CANOLA CRUSHER on Apr 22/2009
      -Meal (FOB)        275.13           272.17
      -Seed (DEL)        441.67           437.27

ELEVATOR BIDS on Apr 24/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     155.15           154.50
FEED OATS  -Red Deer     113.18           132.44
FEED BARLEY-Red Deer     133.90             N/A
RYE        -Red Deer     128.69             N/A
FLAXSEED   -Brooks       388.17           390.14
CANOLA     -Red Deer     439.64           424.13

SPECIAL CROP CASH BIDS on Apr 23/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           309.38      8.42     11.00
     FEED                         145.32      3.96      4.91
     LARGE YELLOW #2 OR BETTER    215.32      5.86      9.73
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 789.03      0.36      0.34
         #1 ESTON                 565.81      0.26      0.26
 MUSTARD #1 YELLOW                771.61      0.35      0.60
         #1 BROWN                 545.64      0.25      0.44
         #1 ORIENTAL              768.20      0.35      0.34

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Apr 23/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    387.50   365.80   397.55   466.99    -14.9%
      -CWB #1CWRS VANC*     378.10     N/A    396.86   485.04    -18.2%
      -#1DNS GREAT FALLS    290.04   276.01   302.11   374.44    -19.3%
      -#1DNS PORTLAND       333.88   320.01   346.01   402.31    -14.0%
CORN  -#2 CHICAGO           173.68   173.93   181.44   183.26     -1.0%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     145.02   140.67   141.47   207.48    -31.8%
      -#2 STOCKTON          263.06   260.01   278.22   299.99     -7.3%
SOYBNS-#1 ILLINOIS          467.88   472.23   436.00   440.20     -1.0%
EXCH RATE Apr 23/2009: US$ in CANADA$ 1.2238  CANADA$ IN US$ 0.8171
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Apr 19/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #38   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    272.2   9,430.3   8,265.0    +14.1%     +9.0%
 DURUM             117.3   2,393.4   2,378.0     +0.6%     +8.7%
 BARLEY              6.2   1,037.4   2,185.4    -52.5%    -45.6%
 OATS               34.6   1,193.7   1,461.4    -18.3%     -7.0%
 PEAS               40.0   1,436.2   1,401.6     +2.5%     +9.0%
 FLAXSEED           19.6     391.6     385.3     +1.6%     +0.2%
 CANOLA-EXPORTS    182.5   5,397.5   4,160.6    +29.7%    +14.8%
 CANOLA-CRUSH       80.6   3,017.8   2,887.8     +4.5%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Apr 16/2009
 WHEAT             387.7  24,362.2  30,139.4    -19.2%    -22.5%
 BARLEY             N/A      243.6     725.5    -66.4%    -65.9%
 CORN              965.5  26,464.5  40,993.0    -35.4%    -30.2%
 SOYBEANS          426.5  26,865.7  24,319.2    +10.5%     +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