Weekly Crop Market Review - January 8, 2010

The next weekly will be published on Friday, January 15, 2010
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 08/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR10     156.00     152.10     153.10      -3.70
        -LETH  MAY10        N/A        N/A     155.10      -2.90
        -LETH  JUL10        N/A        N/A     155.10      -2.90
CANOLA  -SASK  MAR10     418.70     398.60     399.40     -13.00
        -SASK  MAY10     425.40     405.50     406.10     -12.50
        -SASK  JUL10     430.20     410.70     411.20     -12.50

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 08/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR10   5.69       5.52       5.68 1/2  +0.27
        -CBT   MAY10   5.80 1/2   5.66 1/2   5.80 3/4  +0.25 3/4
WHEAT   -MINN  MAR10   5.76 1/2   5.47       5.75      +0.30
        -MINN  MAY10   5.87 1/2   5.65 1/4   5.86      +0.29
WHEAT   -KANS  MAR10   5.61       5.44       5.60      +0.23 3/4
        -KANS  MAY10   5.73       5.57       5.71 1/4  +0.23 1/2
CORN    -CBT   MAR10   4.26       4.13 1/2   4.23      +0.08 1/2
        -CBT   MAY10   4.35       4.24       4.33 1/4  +0.09
OATS    -CBT   MAR10   2.79       2.74       2.75      -0.02
        -CBT   MAY10   2.87       2.82 1/4   2.83 1/4  -0.01 3/4
SOYBEAN -CBT   MAR10  10.74 1/2  10.14      10.22      -0.26 1/2
        -CBT   MAY10  10.76      10.20      10.27 3/4  -0.26
        -CBT   JUL10  10.78      10.25 1/2  10.32 1/4  -0.27
SOYOIL  -CBT   MAR10      41.90      39.51      39.91      -0.87
(¢/lb)  -CBT   MAY10      42.21      39.95      40.31      -0.85
SOYMEAL -CBT   MAR10     312.70     296.50     298.30      -7.80
($/ton) -CBT   MAY10     305.50     291.50     293.10      -7.00

FEEDMILL BIDS on Jan 04/2010 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           155.00-170.00    165.00-170.00
      -REDDEER        148.00-155.00         N/A
      -EDMTN          146.98-155.06    152.49-165.00
OATS  -EDMTN               N/A         136.17-160.00
PEAS - EDMTN          180.05-191.07    180.05-213.12
BARLEY-LETH           148.00-155.00    155.00-155.00
      -MH/BRKS        148.00-151.00    148.00-155.00
      -CALGARY             N/A              N/A
      -REDDEER        144.00-151.56         N/A
      -VERM           124.01-137.79    124.01-137.79
      -EDMTN          135.49-140.00    135.95-152.00
      -PEACE R        121.71-121.71    114.83-121.71
CANOLA CRUSHER on Jan 06/2010
      -Meal (FOB)        233.67           235.33
      -Seed (DEL)        400.88           393.10

ELEVATOR BIDS on Jan 08/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     136.58           138.00
FEED OATS  -Red Deer       N/A              N/A
FEED BARLEY-Red Deer     125.28           130.81
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       325.18           324.79
CANOLA     -Red Deer     383.96           391.47

SPECIAL CROP CASH BIDS on Jan 07/2010
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           266.39      7.25      7.12
     FEED                         149.00      4.06      3.79
     LARGE YELLOW #2 OR BETTER    213.67      5.82      5.20
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 810.19      0.37      0.23
         #1 ESTON                 666.89      0.30      0.23
 MUSTARD #1 YELLOW                559.42      0.25      0.41
         #1 BROWN                 449.19      0.20      0.29
         #1 ORIENTAL              504.31      0.23      0.38

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 07/2010
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    309.75   307.75   294.74   386.99    -23.8%
      -CWB #1CWRS VANC*       N/A      N/A    297.82   380.18    -21.7%
      -#1DNS GREAT FALLS      N/A      N/A    194.06   293.37    -33.9%
      -#1DNS PORTLAND         N/A      N/A    228.84   335.56    -31.8%
CORN  -#2 CHICAGO           153.82   155.99   142.19   176.85    -19.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     122.08   124.54   106.29   137.01    -22.4%
      -#2 STOCKTON            N/A      N/A    185.36   271.92    -31.8%
SOYBNS-#1 ILLINOIS          389.80   402.49   404.24   449.31    -10.0%
EXCH RATE Jan 07/2010: US$ in CANADA$ 1.0350  CANADA$ IN US$ 0.9662
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 03/2010
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #22   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    178.4   5,675.2   5,306.1     +7.0%     -8.9%
 DURUM             163.6   1,432.4   1,232.2    +16.2%     -2.8%
 BARLEY             33.5     638.9     498.2    +28.2%        0%
 OATS               21.8     400.5     823.7    -51.4%    -10.0%
 PEAS               56.4     701.1     794.1    -11.7%    -15.1%
 FLAXSEED           18.1     196.3     329.9    -40.5%     -7.4%
 CANOLA-EXPORTS    178.8   2,968.6   3,059.9     -3.0%    -25.4%
 CANOLA-CRUSH       79.1   1,627.7   1,803.2     -9.7%    +14.5%
U.S. EXPORTS ('000 TONNES) as of Dec 31/2009
 WHEAT             248.4  13,285.5  18,232.3    -27.1%    -13.8%
 BARLEY             N/A       53.4     228.3    -76.6%    -23.1%
 CORN              516.9  13,573.4  13,739.3     -1.2%    +10.3%
 SOYBEANS          877.3  20,027.3  14,310.7    +39.9%     +4.4%
NOPA SOYBEAN Month Ending: Nov 30/2009
 SOYBEAN CRUSH   4,361.5  11,509.4  10,973.0     +4.9%     +2.0%
* From Canadian Grain Commission Calendar