Weekly Crop Market Review - January 15, 2010

The next weekly will be published on Friday, January 22, 2010
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 15/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR10     155.00     150.50     152.00      -1.10
        -LETH  MAY10     160.00     157.00     158.00      +2.90
        -LETH  JUL10        N/A        N/A     158.00      +2.90
CANOLA  -SASK  MAR10     398.50     381.00     381.80     -17.60
        -SASK  MAY10     405.40     388.80     388.80     -17.30
        -SASK  JUL10     410.70     394.10     394.20     -17.00

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 15/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR10   5.75       5.09       5.10      -0.58 1/2
        -CBT   MAY10   5.85       5.23 1/2   5.23 1/2  -0.57 1/4
WHEAT   -MINN  MAR10   5.80 1/4   5.15 1/2   5.20 1/2  -0.54 1/2
        -MINN  MAY10   5.91       5.30       5.32 3/4  -0.53 1/4
WHEAT   -KANS  MAR10   5.66       5.11 1/2   5.12      -0.48
        -KANS  MAY10   5.78       5.23       5.23 3/4  -0.47 1/2
CORN    -CBT   MAR10   4.23 1/2   3.68 3/4   3.71 1/2  -0.51 1/2
        -CBT   MAY10   4.33 1/2   3.79 1/4   3.82 1/2  -0.50 3/4
OATS    -CBT   MAR10   2.76 1/2   2.29       2.31      -0.44
        -CBT   MAY10   2.76 1/4   2.39 1/2   2.39 1/2  -0.43 3/4
SOYBEAN -CBT   MAR10  10.24 1/2   9.70       9.74      -0.48
        -CBT   MAY10  10.29 1/2   9.78       9.80 1/4  -0.47 1/2
        -CBT   JUL10  10.34 1/2   9.83 1/4   9.84 1/2  -0.47 3/4
SOYOIL  -CBT   MAR10      40.12      37.50      37.53      -2.38
(¢/lb)  -CBT   MAY10      40.43      37.94      37.94      -2.37
SOYMEAL -CBT   MAR10     300.00     284.20     291.70      -6.60
($/ton) -CBT   MAY10     294.50     279.70     283.90      -9.20

FEEDMILL BIDS on Jan 11/2010 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           150.00-168.00    155.00-170.00
      -REDDEER        152.00-154.00    148.00-155.00
      -EDMTN          146.98-165.00    147.00-155.06
OATS  -EDMTN          126.44-160.00         N/A
PEAS - EDMTN          180.05-195.00    180.05-191.07
BARLEY-LETH           148.00-156.00    148.00-155.00
      -MH/BRKS        148.00-155.00    148.00-151.00
      -CALGARY        146.00-154.00         N/A
      -REDDEER        148.00-151.56    144.00-151.56
      -VERM           124.01-137.79    124.01-137.79
      -EDMTN          135.49-154.00    135.95-140.09
      -PEACE R        121.71-126.31    121.71-121.71
CANOLA CRUSHER on Jan 13/2010
      -Meal (FOB)        211.67           233.67
      -Seed (DEL)        374.85           400.88

ELEVATOR BIDS on Jan 15/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     135.37           136.58
FEED OATS  -Red Deer     125.91             N/A
FEED BARLEY-Red Deer     131.71           125.28
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       325.18           325.18
CANOLA     -Red Deer     372.51           383.96

SPECIAL CROP CASH BIDS on Jan 14/2010
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           266.39      7.25      7.57
     FEED                         149.00      4.06      3.79
     LARGE YELLOW #2 OR BETTER    215.50      5.86      5.66
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 822.32      0.37      0.22
         #1 ESTON                 674.61      0.31      0.23
 MUSTARD #1 YELLOW                559.42      0.25      0.40
         #1 BROWN                 449.19      0.20      0.30
         #1 ORIENTAL              504.31      0.23      0.39

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 14/2010
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    300.90   309.75   295.00   386.99    -23.8%
      -CWB #1CWRS VANC*     279.17     N/A    296.27   380.18    -22.1%
      -#1DNS GREAT FALLS      N/A      N/A    194.06   293.37    -33.9%
      -#1DNS PORTLAND         N/A      N/A    228.84   335.56    -31.8%
CORN  -#2 CHICAGO           138.39   153.82   142.03   176.85    -19.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     122.40   122.08   106.99   137.01    -21.9%
      -#2 STOCKTON            N/A      N/A    185.36   271.92    -31.8%
SOYBNS-#1 ILLINOIS          370.58   389.80   402.84   449.31    -10.3%
EXCH RATE Jan 14/2010: US$ in CANADA$ 1.0234  CANADA$ IN US$ 0.9771
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 10/2010
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #23   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    326.3   6,001.5   5,949.8     +0.9%     -8.9%
 DURUM              27.1   1,459.5   1,281.4    +13.9%     -2.8%
 BARLEY              5.6     644.5     549.8    +17.2%     N/A
 OATS               25.0     425.5     862.2    -50.6%    -10.0%
 PEAS               15.1     716.2     794.1     -9.8%    -15.1%
 FLAXSEED             .7     197.0     333.2    -40.9%     -7.4%
 CANOLA-EXPORTS    129.4   3,111.1   3,129.4     -0.6%    -25.4%
 CANOLA-CRUSH       74.5   1,702.1   1,872.5     -9.1%    +14.5%
U.S. EXPORTS ('000 TONNES) as of Jan 07/2010
 WHEAT             300.3  13,613.5  18,784.8    -27.5%    -13.8%
 BARLEY             N/A       53.4     228.5    -76.6%    -23.1%
 CORN              522.7  14,318.8  14,294.9     +0.2%    +10.3%
 SOYBEANS        1,116.4  21,430.3  15,045.5    +42.4%     +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