Weekly Crop Market Review - May 29, 2009

The next weekly will be published on Friday, June 5, 2009
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of May 29/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  JUL09     159.40     153.60     153.60      -1.20
        -SASK  OCT09     165.50     161.60     162.60      -1.60
        -SASK  DEC09        N/A        N/A     158.60      -1.60
CANOLA  -SASK  JUL09     475.40     448.10     456.30     -15.10
        -SASK  NOV09     477.00     458.00     464.70      -9.40
        -SASK  JAN10     482.40     468.00     471.40      -8.60

U.S. FUTURES (U.S. $/BUSHEL) as of May 29/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL09   6.45       6.06       6.37 1/4  +0.24 3/4
        -CBT   SEP09   6.71       6.32       6.63 3/4  +0.25 1/4
WHEAT   -MINN  JUL09   7.93 1/4   7.38 1/2   7.72      +0.27
        -MINN  SEP09   7.93       7.36 3/4   7.75 1/2  +0.34 1/2
WHEAT   -KANS  JUL09   6.95 1/4   6.55 3/4   6.87      +0.26 1/2
        -KANS  SEP09   7.06       6.66 3/4   6.97 3/4  +0.26 1/2
CORN    -CBT   JUL09   4.37       4.21 3/4   4.36 1/4  +0.06
        -CBT   SEP09   4.46 1/2   4.32 1/2   4.46 1/4  +0.06
OATS    -CBT   JUL09   2.57 1/2   2.46       2.51      +0.01 1/2
        -CBT   SEP09   2.64 1/4   2.56       2.60 1/2  +0.03
SOYBEAN -CBT   JUL09  12.00      11.56 1/2  11.84      +0.18
        -CBT   AUG09  11.60      11.26      11.48 1/2  +0.14 1/2
        -CBT   SEP09  11.01      10.72      10.96 1/2  +0.20 1/4
SOYOIL  -CBT   JUL09      39.10      37.42      39.05      +0.95
(¢/lb)  -CBT   AUG09      39.21      37.72      39.21      +0.94
SOYMEAL -CBT   JUL09     392.50     374.00     382.50      +7.50
($/ton) -CBT   AUG09     374.70     360.00     364.00      +3.60

FEEDMILL BIDS on May 25/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           180.00-200.00    175.00-197.00
      -REDDEER             N/A         165.30-170.00
      -EDMTN          161.70-170.00    163.10-170.00
OATS  -EDMTN               N/A              N/A
PEAS - EDMTN          195.10-213.10    194.00-213.10
BARLEY-LETH           163.00-170.00    156.00-172.00
      -MH/BRKS        152.00-165.00    150.00-163.00
      -CALGARY        147.00-164.00    147.00-168.00
      -REDDEER        142.00-162.00    142.40-168.00
      -VERM           133.20-142.40    133.20-137.80
      -EDMTN          124.00-162.00    124.00-168.00
      -PEACE R        126.30-133.20    126.30-133.20
CANOLA CRUSHER on May 27/2009
      -Meal (FOB)        343.18           328.33
      -Seed (DEL)        456.20           478.52

ELEVATOR BIDS on May 29/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     165.33           162.83
FEED OATS  -Red Deer     139.90           129.77
FEED BARLEY-Red Deer     152.77           145.58
RYE        -Red Deer     111.58           111.58
FLAXSEED   -Brooks       435.02           429.90
CANOLA     -Red Deer     440.06           466.77

SPECIAL CROP CASH BIDS on May 28/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           307.73      8.38     10.79
     FEED                         162.96      4.44      4.91
     LARGE YELLOW #2 OR BETTER    216.05      5.88      9.86
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 884.60      0.40      0.39
         #1 ESTON                 643.97      0.29      0.32
 MUSTARD #1 YELLOW                791.56      0.36      0.62
         #1 BROWN                 545.64      0.25      0.43
         #1 ORIENTAL              768.20      0.35      0.39

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 28/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    387.60   380.10   396.29   466.99    -15.1%
      -CWB #1CWRS VANC*       N/A    373.29   393.76   485.04    -18.8%
      -#1DNS GREAT FALLS    294.93   292.70   301.03   374.44    -19.6%
      -#1DNS PORTLAND       337.32   333.89   344.57   402.31    -14.4%
CORN  -#2 CHICAGO           178.29   179.88   181.25   183.26     -1.1%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     132.72   136.73   141.12   207.48    -32.0%
      -#2 STOCKTON          221.19   225.80   273.16   299.99     -8.9%
SOYBNS-#1 ILLINOIS          497.07   503.86   442.33   440.20     +0.5%
EXCH RATE May 28/2009: US$ in CANADA$ 1.1148  CANADA$ IN US$ 0.8970
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 24/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #43   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    336.4  11,193.9   9,216.3    +21.5%    +15.4%
 DURUM              72.6   3,065.9   2,751.5    +11.4%    +15.1%
 BARLEY              5.5   1,317.4   2,349.6    -43.9%    -45.6%
 OATS               16.2   1,325.0   1,648.1    -19.6%     -7.0%
 PEAS               25.2   1,642.5   1,542.9     +6.5%     +9.0%
 FLAXSEED           16.0     425.7     465.8     -8.6%     +0.2%
 CANOLA-EXPORTS    159.9   6,225.5   4,653.2    +33.8%    +27.2%
 CANOLA-CRUSH       76.3   3,378.8   3,267.4     +3.4%     +8.8%
U.S. EXPORTS ('000 TONNES) as of May 21/2009
 WHEAT             516.4  26,299.4  32,631.5    -19.4%    -20.1%
 BARLEY               .3     246.2     814.6    -69.8%    -65.9%
 CORN              698.8  30,886.5  45,558.5    -32.2%    -28.2%
 SOYBEANS          462.5  29,080.0  26,222.6    +10.9%     +6.8%
NOPA SOYBEAN Month Ending: Apr 30/2009
 SOYBEAN CRUSH    3650.0  29,314.1  32,031.1     -8.5%     -8.9%
* From Canadian Grain Commission Calendar