Weekly Crop Market Review - May 21, 2010

The next weekly will be published on Friday, May 28, 2010
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of May 21/2010
              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     381.00     370.50     378.30      -1.40
        -SASK  NOV10     385.90     378.00     383.30      -1.30
        -SASK  JAN11     389.00     382.90     387.70      -1.30

U.S. FUTURES (U.S. $/BUSHEL) as of May 21/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL10   4.75       4.62       4.72      +0.00 1/2
        -CBT   SEP10   4.90 1/2   4.81 1/2   4.89 1/4  +0.00 1/2
WHEAT   -MINN  JUL10   5.16 1/4   5.07       5.14 1/2  +0.01 3/4
        -MINN  SEP10   5.28       5.18 1/2   5.25 3/4  +0.01 3/4
WHEAT   -KANS  JUL10   4.96 1/4   4.85       4.95      +0.04
        -KANS  SEP10   5.07       4.97       5.07      +0.04 3/4
CORN    -CBT   JUL10   3.72       3.53 3/4   3.69      +0.06
        -CBT   SEP10   3.79       3.62 1/2   3.76 3/4  +0.06 1/2
OATS    -CBT   JUL10   1.96 1/2   1.89 1/2   1.96      +0.00 1/4
        -CBT   SEP10   2.03 3/4   1.98 3/4   2.03 3/4  +0.00
SOYBEAN -CBT   JUL10   9.50       9.31       9.41      -0.12 1/2
        -CBT   AUG10   9.41 1/2   9.22 1/2   9.33 1/4  -0.14 1/4
        -CBT   SEP10   9.26       9.03 1/2   9.15 1/4  -0.16 1/4
SOYOIL  -CBT   JUL10      37.61      36.91      36.96      -0.55
(¢/lb)  -CBT   AUG10      37.70      37.18      37.18      -0.53
SOYMEAL -CBT   JUL10     278.50     270.80     275.60      -1.20
($/ton) -CBT   AUG10     274.00     266.40     270.90      -1.90

FEEDMILL BIDS on May 17/2010 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           157.00-158.00    157.00-160.00
      -REDDEER        140.00-146.76         N/A
      -EDMTN          139.63-160.00    139.63-165.00
OATS  -EDMTN          123.20-145.00    123.20-150.00
PEAS - EDMTN          150.00-183.72    160.00-183.72
BARLEY-LETH           151.00-152.00    150.00-152.00
      -MH/BRKS        141.00-148.00    143.00-148.00
      -CALGARY        138.00-150.00         N/A
      -REDDEER        137.79-140.00         N/A
      -VERM           119.42-137.79    119.42-130.90
      -EDMTN          128.60-150.00    126.00-150.00
      -PEACE R        114.83-135.49    114.83-135.49
CANOLA CRUSHER on May 19/2010
      -Meal (FOB)        189.60           200.00
      -Seed (DEL)        374.60           380.53

ELEVATOR BIDS on May 21/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     126.85           126.85
FEED OATS  -Red Deer       N/A             80.24
FEED BARLEY-Red Deer     119.03           120.53
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       312.98           312.98
CANOLA     -Red Deer     375.48           373.68

SPECIAL CROP CASH BIDS on May 20/2010
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           177.65      4.83      8.38
     FEED                         100.31      2.73      4.33
     LARGE YELLOW #2 OR BETTER    171.59      4.67      5.91
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 600.21      0.27      0.37
         #1 ESTON                 527.23      0.24      0.26
 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 $/TONNE) as of May 20/2010
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    264.50   262.40   288.01   386.99    -25.6%
      -CWB #1CWRS VANC*     258.89   260.80   283.98   380.18    -25.3%
      -#1DNS GREAT FALLS    189.51   183.36   193.28   293.37    -34.1%
      -#1DNS PORTLAND       228.15   220.30   232.13   335.56    -30.8%
CORN  -#2 CHICAGO           143.14   140.21   139.95   176.85    -20.9%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     111.82   108.55   110.48   137.01    -19.4%
      -#2 STOCKTON            N/A      N/A    185.36   271.92    -31.8%
SOYBNS-#1 ILLINOIS          370.97   360.35   385.14   449.31    -14.3%
EXCH RATE May 20/2010: US$ in CANADA$ 1.0678  CANADA$ IN US$ 0.9365
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 16/2010
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #41   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    427.5  11,010.7  10,857.5     +1.4%     -5.5%
 DURUM              43.7   2,732.5   2,993.3     -8.7%     -2.9%
 BARLEY             13.2   1,097.0   1,311.9    -16.4%     -7.9%
 OATS                7.9     720.6   1,308.8    -44.9%    -31.2%
 PEAS               19.9   1,237.7   1,617.3    -23.5%    -15.1%
 FLAXSEED           17.1     470.0     409.7    +14.7%    -13.9%
 CANOLA-EXPORTS    180.5   5,671.1   6,065.6     -6.5%    -14.0%
 CANOLA-CRUSH      109.3   3,453.1   3,302.6     +4.6%     +5.1%
U.S. EXPORTS ('000 TONNES) as of May 13/2010
 WHEAT             341.6  22,051.4  25,783.1    -14.5%     +4.0%
 BARLEY             N/A       71.7     245.9    -70.8%   +100.0%
 CORN              977.6  31,439.9  30,188.2     +4.1%     +5.0%
 SOYBEANS          230.5  35,913.4  28,618.4    +25.5%    +13.4%
NOPA SOYBEAN Month Ending: Mar 31/2010
 SOYBEAN CRUSH   4,072.1  28,512.2  25,664.2    +11.1%     +4.4%
* From Canadian Grain Commission Calendar