Weekly Crop Market Review - December 10, 2010

The next weekly will be published on Friday, December 17, 2010
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Dec 10/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR11     198.00     194.00     194.00      +0.00
        -LETH  MAY11        N/A        N/A     194.00      +0.00
        -LETH  JUL11        N/A        N/A     194.00      +0.00
CANOLA  -SASK  JAN11     572.90     549.20     565.40     +12.10
        -SASK  MAR11     581.10     555.60     573.30     +13.80
        -SASK  MAY11     583.40     558.10     575.60     +13.30

U.S. FUTURES (U.S. $/BUSHEL) as of Dec 10/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR11   8.07 1/2   7.74       7.75 1/2  -0.03 1/2
        -CBT   MAY11   8.14       8.01 1/4   8.01 1/4  +0.10 1/2
WHEAT   -MINN  MAR11   8.83       8.32       8.69 1/2  +0.34 1/4
        -MINN  MAY11   8.87       8.45       8.74 1/2  +0.30 1/2
WHEAT   -KANS  MAR11   8.50 1/2   8.24       8.32      +0.10
        -KANS  MAY11   8.52 1/2   8.34       8.38 1/2  +0.09 3/4
CORN    -CBT   MAR11   5.78 1/4   5.56       5.74 1/4  +0.00 3/4
        -CBT   MAY11   5.86       5.65 1/4   5.83      +0.02 1/2
OATS    -CBT   MAR11   3.85       3.65 3/4   3.85      +0.18
        -CBT   MAY11   3.91 1/2   3.76 3/4   3.89 1/2  +0.17 3/4
SOYBEAN -CBT   JAN11  13.02      12.69      12.73      -0.26 1/2
        -CBT   MAR11  13.08      12.77      12.82 1/2  -0.23 1/2
        -CBT   MAY11  13.10      12.86 1/2  12.87      -0.21 1/4
SOYOIL  -CBT   JAN11      54.90      53.20      54.16      +0.71
(¢/lb)  -CBT   MAR11      55.30      53.70      54.63      +0.74
SOYMEAL -CBT   JAN11     350.00     334.80     337.60     -14.10
($/ton) -CBT   MAR11     351.80     337.20     340.10     -12.80

FEEDMILL BIDS on Dec 06/2010 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           190.00-190.00    170.00-186.00
      -REDDEER             N/A              N/A
      -EDMTN          161.67-198.00    158.00-175.00
OATS  -EDMTN          126.44-160.00         N/A
PEAS - EDMTN          180.00-216.79    176.37-180.00
BARLEY-LETH           190.00-190.00    170.00-186.00
      -MH/BRKS        172.00-188.00    172.00-174.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           146.98-160.76    142.38-160.76
      -EDMTN          156.16-188.00    151.57-161.00
      -GRANDEP        149.27-149.27    149.27-160.76
CANOLA CRUSHER on Dec 08/2010
      -Meal (FOB)        257.33           257.67
      -Seed (DEL)        540.63           530.33

ELEVATOR BIDS on Dec 10/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     163.10           152.78
FEED OATS  -Red Deer     173.86           159.58
FEED BARLEY-Red Deer     156.31           159.37
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       535.80           516.51
CANOLA     -Red Deer     542.74           537.10

SPECIAL CROP CASH BIDS on Dec 09/2010
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           280.17      7.63      7.54
     FEED                         180.78      4.92      4.12
     LARGE YELLOW #2 OR BETTER    247.65      6.74      5.74
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 830.36      0.38      0.34
         #1 ESTON                 692.58      0.31      0.30
 MUSTARD #1 YELLOW                482.26      0.22      0.25
         #1 BROWN                 412.04      0.19      0.20
         #1 ORIENTAL              449.19      0.20      0.24

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 09/2010
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    421.40   398.65   370.24   287.43    +28.8%
      -CWB #1CWRS VANC*       N/A      N/A    386.82   280.41    +37.9%
      -#1DNS GREAT FALLS      N/A      N/A    265.93   192.41    +38.2%
      -#1DNS PORTLAND         N/A      N/A    314.92   230.15    +36.8%
CORN  -#2 CHICAGO           212.33   203.54   185.39   139.90    +32.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     167.08   163.78   149.10   110.33    +35.1%
      -#2 STOCKTON            N/A      N/A      N/A    185.36     N/A
SOYBNS-#1 ILLINOIS          475.26   472.06   431.94   384.67    +12.3%
EXCH RATE Dec 09/2010: US$ in CANADA$ 1.0105  CANADA$ IN US$ 0.9896
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 05/2010
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #18   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    200.3   4,002.5   4,950.8    -19.2%     -8.8%
 DURUM              33.3   1,387.2   1,103.1    +25.8%     -1.6%
 BARLEY             28.4     501.0     584.7    -14.3%     -8.1%
 OATS               10.2     459.3     360.4    +27.4%    -20.2%
 PEAS               77.0     984.6     543.7    +81.1%    +10.2%
 FLAXSEED             .3     128.6     138.9     -7.4%    -35.2%
 CANOLA-EXPORTS    158.7   2,625.6   2,563.5     +2.4%    -15.8%
 CANOLA-CRUSH      117.2   2,065.1   1,323.5    +56.0%     +8.6%
U.S. EXPORTS ('000 TONNES) as of Dec 02/2010
 WHEAT             522.9  15,569.3  12,070.3    +29.0%    +41.9%
 BARLEY             N/A       95.2      56.0    +70.1%    +66.7%
 CORN              640.9  11,151.3  11,144.6     +0.1%     -1.9%
 SOYBEANS          911.6  16,977.1  15,051.3    +12.8%     +4.6%
NOPA SOYBEAN Month Ending: Oct 31/2010
 SOYBEAN CRUSH   4,133.0   7,532.7   7,147.9     +5.4%     -5.0%
* From Canadian Grain Commission Calendar