Weekly Crop Market Review - May 7, 2010

The next weekly will be published on Friday, May 14, 2010
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of May 07/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  JUL10        N/A        N/A     145.50      +0.00
        -LETH  OCT10        N/A        N/A     145.50      +0.00
        -LETH  DEC10        N/A        N/A     150.00      +0.00
CANOLA  -SASK  JUL10     393.50     385.20     388.00      -1.90
        -SASK  NOV10     394.40     387.00     390.40      -1.20
        -SASK  JAN11     398.00     392.40     394.50      -0.70

U.S. FUTURES (U.S. $/BUSHEL) as of May 07/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL10   5.16 1/2   4.92 1/2   5.10 1/2  +0.07 1/2
        -CBT   SEP10   5.28 1/4   5.17       5.26 1/2  +0.07 3/4
WHEAT   -MINN  JUL10   5.46       5.28       5.41 1/2  +0.04
        -MINN  SEP10   5.57       5.39 1/4   5.52 1/2  +0.03 1/4
WHEAT   -KANS  JUL10   5.28 1/4   5.04 1/2   5.21      +0.06 1/4
        -KANS  SEP10   5.39       5.16 1/2   5.32 1/2  +0.06 1/4
CORN    -CBT   JUL10   3.79 1/2   3.62 1/2   3.72      -0.03 1/4
        -CBT   SEP10   3.85       3.72 1/2   3.78 1/2  -0.05
OATS    -CBT   JUL10   2.13 3/4   2.03 3/4   2.06      -0.07 3/4
        -CBT   SEP10   2.21 1/4   2.14 1/2   2.14 1/2  -0.07 1/2
SOYBEAN -CBT   JUL10   9.97       9.49       9.60      -0.39
        -CBT   AUG10   9.87       9.47       9.56 1/4  -0.41 1/4
        -CBT   SEP10   9.73       9.35       9.41 3/4  -0.42
SOYOIL  -CBT   JUL10      39.08      37.74      38.44      -0.49
(¢/lb)  -CBT   AUG10      39.20      37.98      38.64      -0.47
SOYMEAL -CBT   JUL10     291.50     275.50     278.40     -14.70
($/ton) -CBT   AUG10     287.50     272.50     275.60     -16.10

FEEDMILL BIDS on May 03/2010 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           143.00-160.00    156.00-158.00
      -REDDEER        140.00-150.65         N/A
      -EDMTN          139.63-146.98    139.63-160.00
OATS  -EDMTN               N/A         123.20-152.00
PEAS - EDMTN          145.00-183.72    160.00-183.72
BARLEY-LETH           141.00-150.00    148.00-149.00
      -MH/BRKS        141.00-147.00    141.00-146.00
      -CALGARY             N/A              N/A
      -REDDEER        133.00-142.38         N/A
      -VERM           117.12-126.31    117.12-126.31
      -EDMTN          126.00-133.20    126.00-148.00
      -PEACE R        114.83-135.49    114.83-135.49
CANOLA CRUSHER on May 05/2010
      -Meal (FOB)        194.67           203.33
      -Seed (DEL)        391.49           386.23

ELEVATOR BIDS on May 07/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     126.85           126.85
FEED OATS  -Red Deer      83.45            82.39
FEED BARLEY-Red Deer     120.53           123.33
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       312.98           296.83
CANOLA     -Red Deer     380.26           383.40

SPECIAL CROP CASH BIDS on May 06/2010
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           204.48      5.57      8.42
     FEED                         100.31      2.73      3.96
     LARGE YELLOW #2 OR BETTER    164.98      4.49      6.02
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 630.52      0.29      0.37
         #1 ESTON                 556.11      0.25      0.27
 MUSTARD #1 YELLOW                460.21      0.21      0.36
         #1 BROWN                 361.00      0.16      0.25
         #1 ORIENTAL              385.48      0.17      0.35

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 06/2010
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    278.30   262.85   289.24   386.99    -25.3%
      -CWB #1CWRS VANC*       N/A      N/A    286.28   380.18    -24.7%
      -#1DNS GREAT FALLS    196.81   185.64   193.79   293.37    -33.9%
      -#1DNS PORTLAND       238.18   224.24   232.82   335.56    -30.6%
CORN  -#2 CHICAGO           143.03   134.77   139.87   176.85    -20.9%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     111.94   105.84   110.49   137.01    -19.4%
      -#2 STOCKTON            N/A      N/A    185.36   271.92    -31.8%
SOYBNS-#1 ILLINOIS          366.55   366.00   386.12   449.31    -14.1%
EXCH RATE May 06/2010: US$ in CANADA$ 1.0523  CANADA$ IN US$ 0.9503
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 02/2010
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #39   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    303.3  10,193.6  10,215.4     -0.2%     -8.9%
 DURUM             174.3   2,528.4   2,697.4     -6.3%     -2.8%
 BARLEY              9.6   1,060.7   1,152.4     -8.0%     N/A
 OATS               36.9     698.7   1,261.3    -44.6%    -25.9%
 PEAS               35.8   1,152.6   1,533.1    -24.8%    -15.1%
 FLAXSEED           11.0     433.3     407.8     +6.3%    -20.2%
 CANOLA-EXPORTS    185.8   5,362.0   5,771.0     -7.1%    -20.3%
 CANOLA-CRUSH      101.7   3,258.6   3,159.1     +3.1%     +5.1%
U.S. EXPORTS ('000 TONNES) as of Apr 29/2010
 WHEAT             478.9  21,059.1  25,052.4    -15.9%    -14.8%
 BARLEY               .7      69.5     245.1    -71.7%    -61.5%
 CORN              715.4  29,314.0  28,211.1     +3.9%     +2.3%
 SOYBEANS          196.6  35,465.5  27,881.8    +27.2%    +12.6%
NOPA SOYBEAN Month Ending: Mar 31/2010
 SOYBEAN CRUSH   4,072.1  28,512.2  25,664.2    +11.1%     +4.1%
* From Canadian Grain Commission Calendar