Weekly Crop Market Review - January 29, 2010

The next weekly will be published on Friday, February 5, 2010
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 29/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR10     150.00     148.00     148.00      -0.30
        -LETH  MAY10        N/A        N/A     153.00      -2.00
        -LETH  JUL10        N/A        N/A     153.00      -2.00
CANOLA  -SASK  MAR10     387.80     373.80     375.80      -9.90
        -SASK  MAY10     394.10     380.00     382.50      -9.70
        -SASK  JUL10     398.90     384.60     387.70      -9.20

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 29/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR10   5.03 1/2   4.71 1/2   4.74      -0.24 1/2
        -CBT   MAY10   5.12       4.88 1/4   4.88 1/4  -0.24
WHEAT   -MINN  MAR10   5.18       5.00       5.00 3/4  -0.11 3/4
        -MINN  MAY10   5.30       5.11 3/4   5.12 1/4  -0.11 3/4
WHEAT   -KANS  MAR10   5.06 1/2   4.86       4.87      -0.15
        -KANS  MAY10   5.17 1/2   4.94       4.99      -0.15
CORN    -CBT   MAR10   3.69       3.55 1/4   3.56 1/2  -0.08 1/4
        -CBT   MAY10   3.79 3/4   3.66 1/2   3.67 3/4  -0.07 3/4
OATS    -CBT   MAR10   2.33 1/4   2.28       2.28      -0.05
        -CBT   MAY10   2.42 1/4   2.36 1/2   2.37 1/4  -0.04 3/4
SOYBEAN -CBT   MAR10   9.53       9.13       9.14      -0.37 1/2
        -CBT   MAY10   9.60       9.24 3/4   9.24 3/4  -0.34 1/2
        -CBT   JUL10   9.65       9.32 1/2   9.32 3/4  -0.32
SOYOIL  -CBT   MAR10      36.90      35.88      36.15      -0.56
(¢/lb)  -CBT   MAY10      37.25      36.35      36.61      -0.55
SOYMEAL -CBT   MAR10     287.50     273.00     273.80     -12.60
($/ton) -CBT   MAY10     279.70     268.00     268.50     -10.80

FEEDMILL BIDS on Jan 25/2010 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           145.00-165.00    162.00-168.00
      -REDDEER        144.00-146.76         N/A
      -EDMTN          142.00-165.00    146.98-165.00
OATS  -EDMTN          139.41-165.00    139.41-160.00
PEAS - EDMTN          183.72-195.00    180.00-191.07
BARLEY-LETH           135.00-154.00    153.00-155.00
      -MH/BRKS        144.00-150.00    146.00-154.00
      -CALGARY        135.00-152.00         N/A
      -REDDEER        134.00-137.79         N/A
      -VERM           114.83-126.31    124.01-137.79
      -EDMTN          132.00-150.00    136.00-155.00
      -PEACE R        126.31-128.60    126.31-128.60
CANOLA CRUSHER on Jan 27/2010
      -Meal (FOB)        197.33           203.40
      -Seed (DEL)        368.88           349.50

ELEVATOR BIDS on Jan 29/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     129.71           134.69
FEED OATS  -Red Deer     105.53             N/A
FEED BARLEY-Red Deer     125.99           129.51
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       325.18           325.18
CANOLA     -Red Deer     372.17           379.21

SPECIAL CROP CASH BIDS on Jan 28/2010
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           268.78      7.32      8.00
     FEED                         149.00      4.06      4.33
     LARGE YELLOW #2 OR BETTER    207.05      5.63      5.82
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 813.50      0.37      0.27
         #1 ESTON                 669.10      0.30      0.24
 MUSTARD #1 YELLOW                559.42      0.25      0.39
         #1 BROWN                 438.17      0.20      0.29
         #1 ORIENTAL              483.91      0.22      0.38

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 28/2010
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    295.35   292.65   294.92   386.99    -23.8%
      -CWB #1CWRS VANC*     275.45     N/A    294.67   380.18    -22.5%
      -#1DNS GREAT FALLS    190.40     N/A    193.80   293.37    -33.9%
      -#1DNS PORTLAND       238.19     N/A    229.69   335.56    -31.6%
CORN  -#2 CHICAGO           140.30   141.35   141.94   176.85    -19.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     127.52   125.75   108.56   137.01    -20.8%
      -#2 STOCKTON            N/A      N/A    185.36   271.92    -31.8%
SOYBNS-#1 ILLINOIS          367.57   370.48   400.24   449.31    -10.9%
EXCH RATE Jan 28/2010: US$ in CANADA$ 1.0662  CANADA$ IN US$ 0.9379
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 24/2010
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #25   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    100.4   6,294.3   6,166.8     +2.1%     -8.9%
 DURUM              91.9   1,603.9   1,394.8    +15.0%     -2.8%
 BARLEY             35.0     691.6     579.6    +19.3%     N/A
 OATS               19.5     464.4     921.3    -49.6%    -10.0%
 PEAS               63.4     789.6     841.9     -6.2%    -15.1%
 FLAXSEED             .1     208.5     340.1    -38.7%     -7.4%
 CANOLA-EXPORTS    115.1   3,368.8   3,424.2     -1.6%    -25.4%
 CANOLA-CRUSH       80.9   1,863.4   2,029.7     -8.2%    +14.5%
U.S. EXPORTS ('000 TONNES) as of Jan 21/2010
 WHEAT             459.3  14,371.2  19,436.2    -26.1%    -18.7%
 BARLEY             N/A       53.4     232.6    -77.1%    -61.5%
 CORN              525.7  15,766.8  15,776.1     -0.1%    +10.3%
 SOYBEANS        1,148.4  24,072.2  17,120.0    +40.6%     +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