Weekly Crop Market Review - December 11, 2009

The next weekly will be published on Friday, December 18, 2009
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Dec 11/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  JAN10     162.00     158.60     159.00      -3.00
        -LETH  MAR10     161.80     158.10     160.00      +0.00
        -LETH  MAY10        N/A        N/A     161.20      +0.00
CANOLA  -SASK  JAN10     415.90     408.00     412.20      -0.50
        -SASK  MAR10     423.40     415.50     419.20      -0.20
        -SASK  MAY10     428.50     420.80     425.70      +1.60

U.S. FUTURES (U.S. $/BUSHEL) as of Dec 11/2009
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR10   5.60       5.30       5.37 1/2  -0.20 1/2
        -CBT   MAY10   5.60 3/4   5.44 1/2   5.50 3/4  -0.20
WHEAT   -MINN  MAR10   5.67 1/4   5.38       5.42 1/2  -0.20 1/2
        -MINN  MAY10   5.75       5.50 1/4   5.55 1/4  -0.20
WHEAT   -KANS  MAR10   5.51       5.22 1/2   5.27 1/2  -0.21 1/2
        -KANS  MAY10   5.57       5.35       5.39 1/4  -0.21
CORN    -CBT   MAR10   4.06       3.79       4.04 1/2  +0.16
        -CBT   MAY10   4.17       3.91 3/4   4.15 1/2  +0.16 1/2
OATS    -CBT   MAR10   2.58 1/4   2.50 1/4   2.59      +0.02
        -CBT   MAY10   2.67 1/2   2.61 1/2   2.67 1/2  +0.02
SOYBEAN -CBT   JAN10  10.60 1/2  10.20      10.35      -0.08
        -CBT   MAR10  10.67      10.28 1/2  10.43      -0.07 1/2
        -CBT   MAY10  10.73      10.38      10.49      -0.08 3/4
SOYOIL  -CBT   JAN10      40.71      39.22      39.57      -0.56
(¢/lb)  -CBT   MAR10      41.08      39.65      39.99      -0.53
SOYMEAL -CBT   JAN10     314.90     301.50     306.50      -4.20
($/ton) -CBT   MAR10     310.50     299.30     303.90      -2.50

FEEDMILL BIDS on Dec 07/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           150.00-172.00    165.00-173.00
      -REDDEER        150.00-155.00         N/A
      -EDMTN          145.00-165.00    146.98-165.00
OATS  -EDMTN          129.68-155.00    129.68-150.00
PEAS - EDMTN          176.37-191.07    180.00-202.09
BARLEY-LETH           145.00-158.00    153.00-156.00
      -MH/BRKS        145.00-153.00    145.00-154.00
      -CALGARY        144.00-153.00         N/A
      -REDDEER        142.00-146.96         N/A
      -VERM                N/A         119.42-137.79
      -EDMTN          133.20-155.00    122.00-152.00
      -PEACE R        114.83-121.71    114.83-121.71
CANOLA CRUSHER on Dec 09/2009
      -Meal (FOB)        229.97           224.33
      -Seed (DEL)        398.93           397.03

ELEVATOR BIDS on Dec 11/2009 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     131.88           131.88
FEED OATS  -Red Deer     112.40           121.32
FEED BARLEY-Red Deer     128.22           135.46
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       322.03           320.06
CANOLA     -Red Deer     391.80           395.72

SPECIAL CROP CASH BIDS on Dec 10/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           277.05      7.54      7.27
     FEED                         151.39      4.12      3.79
     LARGE YELLOW #2 OR BETTER    211.09      5.74      5.57
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 749.57      0.34      0.24
         #1 ESTON                 658.08      0.30      0.23
 MUSTARD #1 YELLOW                548.40      0.25      0.45
         #1 BROWN                 451.95      0.20      0.31
         #1 ORIENTAL              526.35      0.24      0.39

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 10/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    298.25   310.20   292.60   386.99    -24.4%
      -CWB #1CWRS VANC*     276.21   308.89   297.82   380.18    -21.7%
      -#1DNS GREAT FALLS      N/A      N/A    194.06   293.37    -33.9%
      -#1DNS PORTLAND         N/A      N/A    228.84   335.56    -31.8%
CORN  -#2 CHICAGO           139.77   146.68   139.99   176.85    -20.8%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     121.00   120.33   103.73   137.01    -24.3%
      -#2 STOCKTON          210.15     N/A    183.30   271.92    -32.6%
SOYBNS-#1 ILLINOIS          395.80   405.17   406.21   449.31     -9.6%
EXCH RATE Dec 10/2009: US$ in CANADA$ 1.0504  CANADA$ IN US$ 0.9520
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 06/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #18   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    325.3   4,950.8   4,407.0    +12.3%    -12.2%
 DURUM             122.5   1,103.1   1,019.0     +8.3%     +3.1%
 BARLEY             44.6     584.7     411.0    +42.3%    -19.7%
 OATS               20.5     360.4     750.9    -52.0%    -10.0%
 PEAS               11.3     543.7     660.4    -17.7%    -15.1%
 FLAXSEED           71.3     138.9     272.1    -49.0%     -0.5%
 CANOLA-EXPORTS    120.6   2,563.5   2,628.7     -2.5%    -30.4%
 CANOLA-CRUSH       83.9   1,323.5   1,485.7    -10.9%    +14.5%
U.S. EXPORTS ('000 TONNES) as of Dec 03/2009
 WHEAT             353.3  11,992.4  17,050.8    -29.7%    -13.8%
 BARLEY             22.7      44.4     215.5    -79.4%    -23.1%
 CORN              658.4  10,946.8  10,890.1     +0.5%    +10.3%
 SOYBEANS        1,586.2  14,766.2  10,814.1    +36.5%     +4.4%
NOPA SOYBEAN Month Ending: Oct 31/2009
 SOYBEAN CRUSH   4,225.5   7,147.9   7,178.7     -0.4%     +2.0%
* From Canadian Grain Commission Calendar