Weekly Crop Market Review - May 15, 2009

The next weekly will be published on Friday, May 22, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of May 15/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  JUL09     157.00     150.00     152.80      -1.20
        -SASK  OCT09     160.10     156.10     160.10      +0.10
        -SASK  DEC09        N/A        N/A     156.10      +0.10
CANOLA  -SASK  JUL09     478.00     455.00     476.80     +10.60
        -SASK  NOV09     475.80     453.00     472.80     +12.40
        -SASK  JAN10     479.00     462.30     476.80     +12.30

U.S. FUTURES (U.S. $/BUSHEL) as of May 15/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL09   5.98       5.75       5.77 1/2  -0.13 1/2
        -CBT   SEP09   6.22       6.04       6.04      -0.13 1/4
WHEAT   -MINN  JUL09   7.30       6.88       7.05 1/4  +0.05 1/4
        -MINN  SEP09   7.23 1/4   6.85 3/4   7.01 1/2  +0.05 1/4
WHEAT   -KANS  JUL09   6.44 3/4   6.24       6.30 1/2  -0.02 1/2
        -KANS  SEP09   6.54 1/2   6.33 1/2   6.40 1/4  -0.03 1/4
CORN    -CBT   JUL09   4.32       4.16       4.17 1/4  -0.03 3/4
        -CBT   SEP09   4.40 1/2   4.25 1/4   4.26 3/4  -0.02 3/4
OATS    -CBT   JUL09   2.37 1/2   2.21 1/4   2.28      +0.02
        -CBT   SEP09   2.44       2.36 1/2   2.36 1/2  +0.02
SOYBEAN -CBT   JUL09  11.51 1/2  10.93      11.30 1/2  +0.19
        -CBT   AUG09  11.02      10.56      10.85      +0.11 1/2
        -CBT   SEP09  10.40 1/2  10.18      10.23 1/4  +0.01 3/4
SOYOIL  -CBT   JUL09      40.02      37.88      37.90      -1.71
(¢/lb)  -CBT   AUG09      40.10      38.07      38.07      -1.70
SOYMEAL -CBT   JUL09     366.00     336.50     358.20     +16.70
($/ton) -CBT   AUG09     345.50     320.50     339.20     +14.40

FEEDMILL BIDS on May 11/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           175.00-190.00    175.00-188.00
      -REDDEER        165.30-170.00    165.30-170.00
      -EDMTN          161.70-170.00    161.70-170.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          200.00-213.10    194.70-213.10
BARLEY-LETH           156.00-165.00    160.00-165.00
      -MH/BRKS        150.20-160.00    150.00-158.00
      -CALGARY        147.00-162.00    147.00-162.00
      -REDDEER        145.00-162.00    145.00-162.00
      -VERM           130.90-137.80    133.20-137.80
      -EDMTN          124.00-162.00    124.00-162.00
      -PEACE R        126.30-130.90    126.30-135.50
CANOLA CRUSHER on May 13/2009
      -Meal (FOB)        295.33           295.67
      -Seed (DEL)        469.00           456.33

ELEVATOR BIDS on May 15/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     161.89           161.89
FEED OATS  -Red Deer     127.30           119.84
FEED BARLEY-Red Deer     142.80           143.23
RYE        -Red Deer     111.58           136.58
FLAXSEED   -Brooks       411.40           403.92
CANOLA     -Red Deer     472.21           458.87

SPECIAL CROP CASH BIDS on May 14/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           300.93      8.19     10.84
     FEED                         146.06      3.98      4.91
     LARGE YELLOW #2 OR BETTER    216.79      5.90      9.96
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 758.94      0.34      0.40
         #1 ESTON                 531.86      0.24      0.31
 MUSTARD #1 YELLOW                784.51      0.36      0.62
         #1 BROWN                 529.99      0.24      0.43
         #1 ORIENTAL              771.61      0.35      0.37

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 14/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    391.80   380.50   396.88   466.99    -15.0%
      -CWB #1CWRS VANC*     383.68     N/A    394.89   485.04    -18.6%
      -#1DNS GREAT FALLS    293.66   290.81   301.38   374.44    -19.5%
      -#1DNS PORTLAND       338.84   331.95   345.08   402.31    -14.2%
CORN  -#2 CHICAGO           185.67   178.41   181.35   183.26     -1.0%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     140.70   140.23   141.44   207.48    -31.8%
      -#2 STOCKTON          232.35   232.64   275.52   299.99     -8.2%
SOYBNS-#1 ILLINOIS          504.92   483.38   439.57   440.20     -0.1%
EXCH RATE May 14/2009: US$ in CANADA$ 1.1710  CANADA$ IN US$ 0.8540
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 10/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #41   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    315.4  10,530.8   8,936.6    +17.8%     +9.0%
 DURUM             143.3   2,957.7   2,614.7    +13.1%     +8.7%
 BARLEY             30.3   1,260.9   2,289.3    -44.9%    -45.6%
 OATS               15.8   1,277.1   1,623.0    -21.3%     -7.0%
 PEAS               42.5   1,575.6   1,493.4     +5.5%     +9.0%
 FLAXSEED             .9     408.7     440.1     -7.1%     +0.2%
 CANOLA-EXPORTS     88.9   5,859.9   4,494.6    +30.4%    +14.8%
 CANOLA-CRUSH       72.2   3,231.3   3,114.8     +3.7%     +8.6%
U.S. EXPORTS ('000 TONNES) as of May 07/2009
 WHEAT             309.4  25,361.8  31,878.8    -20.4%    -20.1%
 BARLEY             N/A      245.1     791.1    -69.0%    -65.9%
 CORN             1171.2  29,382.3  43,844.8    -33.0%    -28.2%
 SOYBEANS          242.6  28,116.3  25,561.4    +10.0%     +6.8%
NOPA SOYBEAN Month Ending: Mar 31/2009
 SOYBEAN CRUSH    3735.5  25,664.2  28,221.9     -9.1%     -8.9%
* From Canadian Grain Commission Calendar