Weekly Crop Market Review - December 17, 2010

The next weekly will be published on Wednesday, December 29, 2010
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Dec 17/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR11        N/A        N/A     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     573.50     552.20     560.50      -4.90
        -SASK  MAR11     582.00     560.40     568.60      -4.70
        -SASK  MAY11     584.40     566.30     573.10      -2.50

U.S. FUTURES (U.S. $/BUSHEL) as of Dec 17/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR11   7.84       7.47       7.56 3/4  -0.18 3/4
        -CBT   MAY11   8.07 1/2   7.77       7.84 1/4  -0.17
WHEAT   -MINN  MAR11   8.80       8.30 3/4   8.42      -0.27 1/2
        -MINN  MAY11   8.87       8.38 3/4   8.49 3/4  -0.24 3/4
WHEAT   -KANS  MAR11   8.43       7.98 1/2   8.11 3/4  -0.20 1/4
        -KANS  MAY11   8.45       8.10       8.20 1/4  -0.18 1/4
CORN    -CBT   MAR11   5.98 1/4   5.79 1/2   5.96 1/2  +0.22 1/4
        -CBT   MAY11   6.05 1/4   5.90       6.04 1/4  +0.21 1/4
OATS    -CBT   MAR11   3.91       3.83 1/2   3.86 1/2  +0.01 1/2
        -CBT   MAY11   3.95       3.88       3.91      +0.01 1/2
SOYBEAN -CBT   JAN11  13.14      12.85      12.98 3/4  +0.25 3/4
        -CBT   MAR11  13.23 1/2  12.96      13.10 1/2  +0.28
        -CBT   MAY11  13.19      13.05      13.18 1/2  +0.31 1/2
SOYOIL  -CBT   JAN11      55.47      53.80      54.13      -0.03
(¢/lb)  -CBT   MAR11      55.92      54.30      54.63      +0.00
SOYMEAL -CBT   JAN11     349.20     339.50     347.80     +10.20
($/ton) -CBT   MAR11     352.00     342.00     351.30     +11.20

FEEDMILL BIDS on Dec 13/2010 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           190.00-190.00    190.00-190.00
      -REDDEER             N/A              N/A
      -EDMTN          165.35-195.00    161.67-198.00
OATS  -EDMTN          126.44-170.00    126.44-160.00
PEAS - EDMTN          180.00-220.46    180.00-216.79
BARLEY-LETH           190.00-193.00    190.00-190.00
      -MH/BRKS        174.00-188.00    172.00-188.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           149.27-160.76    146.98-160.76
      -EDMTN          157.00-185.00    156.16-188.00
      -GRANDEP             N/A         149.27-149.27
CANOLA CRUSHER on Dec 15/2010
      -Meal (FOB)        254.00           257.33
      -Seed (DEL)        532.43           540.63

ELEVATOR BIDS on Dec 17/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     166.17           163.10
FEED OATS  -Red Deer     186.85           173.86
FEED BARLEY-Red Deer     156.31           156.31
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       547.61           535.80
CANOLA     -Red Deer     528.19           542.74

SPECIAL CROP CASH BIDS on Dec 16/2010
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           277.42      7.55      7.65
     FEED                         210.54      5.73      3.96
     LARGE YELLOW #2 OR BETTER    243.24      6.62      5.72
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 823.09      0.37      0.34
         #1 ESTON                 666.34      0.30      0.30
 MUSTARD #1 YELLOW                504.31      0.23      0.23
         #1 BROWN                 412.04      0.19      0.20
         #1 ORIENTAL              430.78      0.20      0.22

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 16/2010
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    413.15   421.40   372.38   287.43    +29.6%
      -CWB #1CWRS VANC*       N/A    480.45   386.82   280.41    +37.9%
      -#1DNS GREAT FALLS      N/A      N/A    265.93   192.41    +38.2%
      -#1DNS PORTLAND         N/A      N/A    314.92   230.15    +36.8%
CORN  -#2 CHICAGO           216.42   212.33   186.94   139.90    +33.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     169.09   167.08   150.10   110.33    +36.0%
      -#2 STOCKTON            N/A      N/A      N/A    185.36     N/A
SOYBNS-#1 ILLINOIS          475.87   475.26   434.13   384.67    +12.9%
EXCH RATE Dec 16/2010: US$ in CANADA$ 1.0059  CANADA$ IN US$ 0.9941
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 12/2010
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #19   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    135.2   4,158.3   5,221.7    -20.4%    -19.1%
 DURUM              63.1   1,453.3   1,172.9    +23.9%     -2.3%
 BARLEY            100.3     600.8     586.8     +2.4%    -10.3%
 OATS               18.3     477.6     371.7    +28.5%    -20.1%
 PEAS               21.8   1,006.4     644.6    +56.1%    +10.2%
 FLAXSEED             .3     128.9     147.3    -12.5%    -48.2%
 CANOLA-EXPORTS     64.2   2,689.8   2,623.7     +2.5%    -15.8%
 CANOLA-CRUSH      121.9   2,187.0   1,401.6    +56.0%    +29.5%
U.S. EXPORTS ('000 TONNES) as of Dec 09/2010
 WHEAT             490.3  16,117.7  12,431.2    +29.7%    +41.9%
 BARLEY               .6      96.4      56.0    +72.2%    +66.7%
 CORN              813.7  12,019.8  11,915.4     +0.9%     -1.9%
 SOYBEANS          912.7  18,228.9  16,750.6     +8.8%     +5.9%
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