Weekly Crop Market Review - January 22, 2010

The next weekly will be published on Friday, January 29, 2010
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 22/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR10     150.00     148.10     148.30      -3.70
        -LETH  MAY10        N/A        N/A     155.00      -3.00
        -LETH  JUL10        N/A        N/A     155.00      -3.00
CANOLA  -SASK  MAR10     387.00     373.50     385.70      +3.90
        -SASK  MAY10     393.60     381.00     392.20      +3.40
        -SASK  JUL10     398.70     387.00     396.90      +2.70

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 22/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR10   5.04       4.85 3/4   4.98 1/2  -0.11 1/2
        -CBT   MAY10   5.15 1/2   5.00 3/4   5.12 1/4  -0.11 1/4
WHEAT   -MINN  MAR10   5.25       5.01       5.12 1/2  -0.08
        -MINN  MAY10   5.36 3/4   5.13       5.24      -0.08 3/4
WHEAT   -KANS  MAR10   5.07       4.92       5.02      -0.10
        -KANS  MAY10   5.19 1/2   5.06       5.14      -0.09 3/4
CORN    -CBT   MAR10   3.74       3.62 1/2   3.64 3/4  -0.06 3/4
        -CBT   MAY10   3.85       3.73 3/4   3.75 1/2  -0.07
OATS    -CBT   MAR10   2.34       2.18 3/4   2.33      +0.02
        -CBT   MAY10   2.40       2.28 1/2   2.42      +0.02 1/2
SOYBEAN -CBT   MAR10   9.74 1/2   9.41 1/2   9.51 1/2  -0.22 1/2
        -CBT   MAY10   9.80       9.48       9.59 1/4  -0.21
        -CBT   JUL10   9.83       9.53       9.64 3/4  -0.19 3/4
SOYOIL  -CBT   MAR10      37.47      36.35      36.71      -0.82
(¢/lb)  -CBT   MAY10      37.89      36.85      37.16      -0.78
SOYMEAL -CBT   MAR10     292.90     285.80     286.40      -5.30
($/ton) -CBT   MAY10     284.30     277.50     279.30      -4.60

FEEDMILL BIDS on Jan 18/2010 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           162.00-168.00    150.00-168.00
      -REDDEER             N/A         152.00-154.00
      -EDMTN          146.98-165.00    146.98-165.00
OATS  -EDMTN          139.41-160.00    126.44-160.00
PEAS - EDMTN          180.00-191.07    180.05-195.00
BARLEY-LETH           153.00-155.00    148.00-156.00
      -MH/BRKS        146.00-154.00    148.00-155.00
      -CALGARY             N/A         146.00-154.00
      -REDDEER             N/A         148.00-151.56
      -VERM           124.01-137.79    124.01-137.79
      -EDMTN          136.00-155.00    135.49-154.00
      -PEACE R        126.31-128.60    121.71-126.31
CANOLA CRUSHER on Jan 20/2010
      -Meal (FOB)        203.40           211.67
      -Seed (DEL)        349.50           374.85

ELEVATOR BIDS on Jan 22/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     134.69           135.37
FEED OATS  -Red Deer       N/A            125.91
FEED BARLEY-Red Deer     129.51           131.71
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       325.18           325.18
CANOLA     -Red Deer     379.21           372.51

SPECIAL CROP CASH BIDS on Jan 21/2010
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           259.59      7.06      8.07
     FEED                         149.00      4.06      4.22
     LARGE YELLOW #2 OR BETTER    211.65      5.76      5.77
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 824.52      0.37      0.24
         #1 ESTON                 677.37      0.31      0.23
 MUSTARD #1 YELLOW                559.42      0.25      0.39
         #1 BROWN                 438.17      0.20      0.29
         #1 ORIENTAL              451.17      0.20      0.38

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 21/2010
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    292.65   300.90   294.91   386.99    -23.8%
      -CWB #1CWRS VANC*       N/A    279.17   296.27   380.18    -22.1%
      -#1DNS GREAT FALLS      N/A      N/A    194.06   293.37    -33.9%
      -#1DNS PORTLAND         N/A      N/A    228.84   335.56    -31.8%
CORN  -#2 CHICAGO           141.35   138.39   142.00   176.85    -19.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     125.75   122.40   107.77   137.01    -21.3%
      -#2 STOCKTON            N/A      N/A    185.36   271.92    -31.8%
SOYBNS-#1 ILLINOIS          370.48   370.58   401.55   449.31    -10.6%
EXCH RATE Jan 21/2010: US$ in CANADA$ 1.0514  CANADA$ IN US$ 0.9511
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 17/2010
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #24   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    188.1   6,189.6   5,974.8     +3.6%     -8.9%
 DURUM              52.5   1,512.0   1,341.1    +12.7%     -2.8%
 BARLEY               .8     645.3     578.5    +11.5%     N/A
 OATS               14.0     439.5     887.2    -50.5%    -10.0%
 PEAS               10.0     726.2     816.1    -11.0%    -15.1%
 FLAXSEED           11.4     208.4     339.1    -38.5%     -7.4%
 CANOLA-EXPORTS    129.6   3,253.7   3,253.7     +0.0%    -25.4%
 CANOLA-CRUSH       80.4   1,782.6   1,946.5     -8.4%    +14.5%
U.S. EXPORTS ('000 TONNES) as of Jan 14/2010
 WHEAT             255.8  13,905.9  18,992.0    -26.8%    -18.7%
 BARLEY             N/A       53.4     231.8    -77.0%    -61.5%
 CORN              770.5  15,190.2  14,992.6     +1.3%    +10.3%
 SOYBEANS        1,213.0  22,816.6  16,077.0    +41.9%     +7.2%
NOPA SOYBEAN Month Ending: Nov 30/2009
 SOYBEAN CRUSH   4,361.5  11,509.4  10,973.0     +4.9%     +2.9%
* From Canadian Grain Commission Calendar