Weekly Crop Market Review - May 28, 2010

The next weekly will be published on Friday, June 4, 2010
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of May 28/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  JUL10     147.50     145.00     147.50      +2.00
        -LETH  OCT10        N/A        N/A     145.50      +0.00
        -LETH  DEC10        N/A        N/A     150.00      +0.00
CANOLA  -SASK  JUL10     380.90     372.70     375.30      -3.00
        -SASK  NOV10     385.70     378.60     382.50      -0.80
        -SASK  JAN11     390.00     385.00     387.60      -0.10

U.S. FUTURES (U.S. $/BUSHEL) as of May 28/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL10   4.73 1/2   4.57       4.57 3/4  -0.14 1/4
        -CBT   SEP10   4.89 3/4   4.75 1/4   4.75 1/4  -0.14
WHEAT   -MINN  JUL10   5.20 1/2   5.02       5.06      -0.08 1/2
        -MINN  SEP10   5.31       5.14       5.18 3/4  -0.07
WHEAT   -KANS  JUL10   5.00 1/4   4.80       4.81 1/2  -0.13 1/2
        -KANS  SEP10   5.09 1/2   4.93       4.93 1/2  -0.13 1/2
CORN    -CBT   JUL10   3.73 3/4   3.58 1/2   3.59      -0.10
        -CBT   SEP10   3.83 1/2   3.69       3.69      -0.07 3/4
OATS    -CBT   JUL10   2.00 1/4   1.91       1.91      -0.05
        -CBT   SEP10   2.07 1/2   1.99 1/4   1.99 1/4  -0.04 1/2
SOYBEAN -CBT   JUL10   9.53       9.27 1/2   9.37 3/4  -0.03 1/4
        -CBT   AUG10   9.42       9.22 1/2   9.27 3/4  -0.05 1/2
        -CBT   SEP10   9.26 1/2   9.08       9.14 3/4  -0.00 1/2
SOYOIL  -CBT   JUL10      38.51      36.84      37.61      +0.65
(¢/lb)  -CBT   AUG10      38.65      37.10      37.84      +0.66
SOYMEAL -CBT   JUL10     279.50     270.50     273.50      -2.10
($/ton) -CBT   AUG10     274.60     265.20     267.50      -3.40

FEEDMILL BIDS on May 24/2010 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           160.00-160.00    157.00-158.00
      -REDDEER             N/A         140.00-146.76
      -EDMTN          139.63-160.00    139.63-160.00
OATS  -EDMTN          123.20-148.00    123.20-145.00
PEAS - EDMTN          160.00-165.35    150.00-183.72
BARLEY-LETH           150.00-154.00    151.00-152.00
      -MH/BRKS        142.00-150.00    141.00-148.00
      -CALGARY             N/A         138.00-150.00
      -REDDEER             N/A         137.79-140.00
      -VERM           119.42-137.79    119.42-137.79
      -EDMTN          128.60-148.00    128.60-150.00
      -PEACE R        110.23-135.49    114.83-135.49
CANOLA CRUSHER on May 26/2010
      -Meal (FOB)        192.33           189.60
      -Seed (DEL)        379.47           374.60

ELEVATOR BIDS on May 28/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     128.51           126.85
FEED OATS  -Red Deer      89.85             N/A
FEED BARLEY-Red Deer     122.18           119.03
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       312.98           312.98
CANOLA     -Red Deer     372.40           375.48

SPECIAL CROP CASH BIDS on May 27/2010
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           178.21      4.85      8.38
     FEED                         100.31      2.73      4.44
     LARGE YELLOW #2 OR BETTER    164.98      4.49      5.88
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 594.36      0.27      0.40
         #1 ESTON                 527.23      0.24      0.29
 MUSTARD #1 YELLOW                458.12      0.21      0.36
         #1 BROWN                 361.66      0.16      0.25
         #1 ORIENTAL              398.71      0.18      0.35

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 27/2010
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    267.95   264.50   287.54   386.99    -25.7%
      -CWB #1CWRS VANC*     258.84   258.89   282.93   380.18    -25.6%
      -#1DNS GREAT FALLS    185.19   189.51   193.01   293.37    -34.2%
      -#1DNS PORTLAND       224.54   228.15   231.84   335.56    -30.9%
CORN  -#2 CHICAGO           145.40   143.14   140.08   176.85    -20.8%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     111.11   111.82   110.49   137.01    -19.4%
      -#2 STOCKTON            N/A      N/A    185.36   271.92    -31.8%
SOYBNS-#1 ILLINOIS          372.02   370.97   384.84   449.31    -14.3%
EXCH RATE May 27/2010: US$ in CANADA$ 1.0500  CANADA$ IN US$ 0.9524
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 23/2010
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #42   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    289.2  11,299.9  11,193.9     +0.9%     -5.5%
 DURUM              35.0   2,767.5   3,065.9     -9.7%     -2.9%
 BARLEY              5.7   1,102.7   1,317.4    -16.3%     -7.9%
 OATS                5.9     726.5   1,325.0    -45.2%    -31.2%
 PEAS               14.7   1,252.4   1,642.5    -23.8%    -15.1%
 FLAXSEED           21.2     491.2     425.7    +15.4%    -13.9%
 CANOLA-EXPORTS    201.2   5,872.3   6,225.5     -5.7%    -14.0%
 CANOLA-CRUSH      114.7   3,567.9   3,378.8     +5.6%     +5.1%
U.S. EXPORTS ('000 TONNES) as of May 20/2010
 WHEAT             552.7  22,642.4  26,320.8    -14.0%     +4.0%
 BARLEY             N/A       71.7     246.3    -70.9%   +100.0%
 CORN            1,015.3  32,466.4  30,976.1     +4.8%     +5.0%
 SOYBEANS          106.2  36,033.2  29,126.8    +23.7%    +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