Weekly Crop Market Review - December 24, 2010

The next weekly will be published on Friday, January 7, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Dec 24/2010
              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     580.10     562.60     578.60     +18.10
        -SASK  MAR11     588.20     570.00     586.50     +17.90
        -SASK  MAY11     591.70     574.60     590.40     +17.30

U.S. FUTURES (U.S. $/BUSHEL) as of Dec 24/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR11   7.87 1/4   7.57 3/4   7.83      +0.26 1/4
        -CBT   MAY11   8.10 1/2   7.92 1/2   8.10 1/4  +0.26
WHEAT   -MINN  MAR11   8.75 3/4   8.51       8.68 1/4  +0.26 1/4
        -MINN  MAY11   8.81 3/4   8.54 1/4   8.74 1/2  +0.24 3/4
WHEAT   -KANS  MAR11   8.52       8.20       8.45      +0.33 1/4
        -KANS  MAY11   8.54 1/2   8.32 1/2   8.53      +0.32 3/4
CORN    -CBT   MAR11   6.14 1/2   5.97 1/2   6.14      +0.17 1/2
        -CBT   MAY11   6.22 3/4   6.06       6.22      +0.17 3/4
OATS    -CBT   MAR11   3.96       3.89       3.93 1/2  +0.07
        -CBT   MAY11   4.00 1/2   3.91       3.98 1/2  +0.07 1/2
SOYBEAN -CBT   JAN11  13.54      13.07 1/2  13.49 1/2  +0.50 3/4
        -CBT   MAR11  13.65      13.18      13.60      +0.49 1/2
        -CBT   MAY11  13.69      13.25      13.67      +0.48 1/2
SOYOIL  -CBT   JAN11      56.60      54.20      56.59      +2.46
(¢/lb)  -CBT   MAR11      57.27      54.67      57.23      +2.60
SOYMEAL -CBT   JAN11     360.30     350.80     360.00     +12.20
($/ton) -CBT   MAR11     364.20     354.60     363.40     +12.10

FEEDMILL BIDS on Dec 20/2010 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           190.00-197.00    190.00-190.00
      -REDDEER             N/A              N/A
      -EDMTN          169.02-198.00    165.35-195.00
OATS  -EDMTN          129.68-170.00    126.44-170.00
PEAS - EDMTN          183.72-220.46    180.00-220.46
BARLEY-LETH           190.00-195.00    190.00-193.00
      -MH/BRKS        182.00-190.00    174.00-188.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           149.27-160.76    149.27-160.76
      -EDMTN          160.00-188.00    157.00-185.00
      -GRANDEP        149.27-160.76         N/A
CANOLA CRUSHER on Dec 22/2010
      -Meal (FOB)        261.50           254.00
      -Seed (DEL)        549.07           532.43

ELEVATOR BIDS on Dec 24/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer       N/A            166.17
FEED OATS  -Red Deer       N/A            186.85
FEED BARLEY-Red Deer       N/A            156.31
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       547.61           547.61
CANOLA     -Red Deer       N/A            528.19

SPECIAL CROP CASH BIDS on Dec 23/2010
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           277.97      7.57      7.65
     FEED                         210.54      5.73      4.06
     LARGE YELLOW #2 OR BETTER    244.16      6.65      5.82
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 827.28      0.38      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 $/TONNE) as of Dec 23/2010
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    429.00   413.15   375.08   287.43    +30.5%
      -CWB #1CWRS VANC*       N/A      N/A    386.82   280.41    +37.9%
      -#1DNS GREAT FALLS      N/A      N/A    265.93   192.41    +38.2%
      -#1DNS PORTLAND         N/A      N/A    314.92   230.15    +36.8%
CORN  -#2 CHICAGO           232.55   216.42   189.11   139.90    +35.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     174.05   169.09   151.24   110.33    +37.1%
      -#2 STOCKTON            N/A      N/A      N/A    185.36     N/A
SOYBNS-#1 ILLINOIS          498.60   475.87   437.20   384.67    +13.7%
EXCH RATE Dec 23/2010: US$ in CANADA$ 1.0089  CANADA$ IN US$ 0.9912
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 19/2010
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #20   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    323.7   4,482.0   5,425.0    -17.4%    -19.1%
 DURUM              39.2   1,492.5   1,261.2    +18.3%     -2.3%
 BARLEY              9.9     610.7     586.5     +4.1%    -10.3%
 OATS               15.4     493.0     378.7    +30.2%    -20.1%
 PEAS               74.6   1,081.0     644.7    +67.7%    +10.2%
 FLAXSEED           36.0     164.9     178.1     -7.4%    -48.2%
 CANOLA-EXPORTS    152.0   2,841.8   2,775.9     +2.4%    -15.8%
 CANOLA-CRUSH      115.1   2,302.1   1,475.5    +56.0%    +29.5%
U.S. EXPORTS ('000 TONNES) as of Dec 16/2010
 WHEAT             626.7  16,766.1  12,805.0    +30.9%    +41.9%
 BARLEY               .5      96.9      56.0    +73.1%    +66.7%
 CORN              686.3  12,834.2  12,394.7     +3.5%     -1.9%
 SOYBEANS        1,213.9  19,751.0  17,677.4    +11.7%     +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