Weekly Crop Market Review - May 1, 2009

The next weekly will be published on Friday, May 8, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of May 01/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  JUL09     150.00     139.90     150.00      +3.00
        -SASK  OCT09     160.00     155.00     160.00      +4.00
        -SASK  DEC09     158.00     153.50     158.00      +0.00
CANOLA  -SASK  JUL09     451.60     434.10     450.30      +1.90
        -SASK  NOV09     455.50     435.20     453.20      +1.80
        -SASK  JAN10     458.80     439.50     457.40      +2.00

U.S. FUTURES (U.S. $/BUSHEL) as of May 01/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL09   5.74       5.18       5.70      +0.26 3/4
        -CBT   SEP09   5.98       5.45 1/2   5.96 1/2  +0.26
WHEAT   -MINN  JUL09   6.86 3/4   6.36 1/2   6.84 3/4  +0.33 3/4
        -MINN  SEP09   6.78       6.32       6.76 3/4  +0.32
WHEAT   -KANS  JUL09   6.22       5.71       6.14 3/4  +0.21 1/4
        -KANS  SEP09   6.30 1/2   5.83       6.24 3/4  +0.21 3/4
CORN    -CBT   JUL09   4.15 1/2   3.75       4.13 3/4  +0.28
        -CBT   SEP09   4.22 1/2   3.86       4.22 1/2  +0.27 1/4
OATS    -CBT   JUL09   2.07       1.93       2.07      +0.04 3/4
        -CBT   SEP09   2.16       2.04 1/2   2.16      +0.04 3/4
SOYBEAN -CBT   JUL09  10.93       9.82 1/2  10.91      +0.57
        -CBT   AUG09  10.59       9.60      10.59      +0.48 1/2
        -CBT   SEP09  10.11       9.29      10.11      +0.40 3/4
SOYOIL  -CBT   JUL09      37.82      34.98      37.75      +1.10
(¢/lb)  -CBT   AUG09      37.95      35.38      37.92      +1.11
SOYMEAL -CBT   JUL09     342.50     303.30     342.00     +23.70
($/ton) -CBT   AUG09     327.50     294.50     327.30     +19.70

FEEDMILL BIDS on Apr 27/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           175.00-185.00    175.00-190.00
      -REDDEER        165.30-170.00    165.30-170.00
      -EDMTN          163.00-170.00    161.70-170.00
OATS  -EDMTN           97.30-97.30     116.70-116.70
PEAS - EDMTN          195.00-213.10    195.00-213.10
BARLEY-LETH           156.00-165.00    154.00-165.00
      -MH/BRKS        150.00-160.00    152.00-160.00
      -CALGARY        147.00-162.00    147.00-158.00
      -REDDEER        145.00-162.00    145.00-165.00
      -VERM           133.20-137.80    133.20-137.80
      -EDMTN          126.30-162.00    128.60-165.00
      -PEACE R        126.30-126.30    126.30-126.30
CANOLA CRUSHER on Apr 29/2009
      -Meal (FOB)        270.40           275.13
      -Seed (DEL)        439.20           441.67

ELEVATOR BIDS on May 01/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     160.10           155.15
FEED OATS  -Red Deer     116.01           113.18
FEED BARLEY-Red Deer     144.44           133.90
RYE        -Red Deer     128.69           128.69
FLAXSEED   -Brooks       398.01           388.17
CANOLA     -Red Deer     436.68           439.64

SPECIAL CROP CASH BIDS on Apr 30/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           309.38      8.42     10.25
     FEED                         145.32      3.96      4.91
     LARGE YELLOW #2 OR BETTER    219.91      5.99      9.88
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 789.03      0.36      0.35
         #1 ESTON                 600.76      0.27      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 $/TONNE) as of Apr 30/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    391.95   387.50   397.41   466.99    -14.9%
      -CWB #1CWRS VANC*     374.68   378.10   395.55   485.04    -18.5%
      -#1DNS GREAT FALLS    291.95   290.04   301.85   374.44    -19.4%
      -#1DNS PORTLAND       334.47   333.88   345.66   402.31    -14.1%
CORN  -#2 CHICAGO           176.48   173.68   181.31   183.26     -1.1%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     142.03   145.02   141.49   207.48    -31.8%
      -#2 STOCKTON          256.44   263.06   277.67   299.99     -7.4%
SOYBNS-#1 ILLINOIS          469.48   467.88   436.84   440.20     -0.8%
EXCH RATE Apr 30/2009: US$ in CANADA$ 1.1930  CANADA$ IN US$ 0.8382
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Apr 26/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #39   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    335.3   9,765.6   8,546.0    +14.3%     +9.0%
 DURUM             109.5   2,502.9   2,481.9     +0.8%     +8.7%
 BARLEY             33.4   1,070.8   2,257.0    -52.6%    -45.6%
 OATS               30.5   1,225.1   1,516.8    -19.2%     -7.0%
 PEAS               35.2   1,471.4   1,429.1     +3.0%     +9.0%
 FLAXSEED           15.3     406.9     396.2     +2.7%     +0.2%
 CANOLA-EXPORTS    201.9   5,599.4   4,235.2    +32.2%    +14.8%
 CANOLA-CRUSH       76.1   3,093.9   2,967.6     +4.3%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Apr 23/2009
 WHEAT             330.4  24,719.7  30,669.8    -19.4%    -22.5%
 BARLEY             N/A      243.6     764.5    -68.1%    -65.9%
 CORN              837.0  27,372.3  41,921.3    -34.7%    -30.2%
 SOYBEANS          189.0  27,232.4  24,755.0    +10.0%     +4.2%
NOPA SOYBEAN Month Ending: Mar 31/2009
 SOYBEAN CRUSH    3735.5  25,664.2  28,221.9     -9.1%     -9.2%
* From Canadian Grain Commission Calendar