Weekly Crop Market Review - January 14, 2011

The next weekly will be published on Friday, January 21, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 14/2011
              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  MAR11     608.00     584.50     592.70      +6.60
        -SASK  MAY11     615.70     593.20     600.20      +7.70
        -SASK  JUL11     616.90     591.00     603.20     +12.40

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 14/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR11   7.89       7.58       7.73 1/4  -0.00 3/4
        -CBT   MAY11   8.10 1/2   7.87       8.03      +0.01 1/4
WHEAT   -MINN  MAR11   8.97 1/4   8.63       8.90 1/4  +0.19 1/2
        -MINN  MAY11   9.05 1/2   8.71 1/2   8.99 1/4  +0.19
WHEAT   -KANS  MAR11   8.69       8.37       8.60      +0.13 3/4
        -KANS  MAY11   8.80       8.48       8.70 3/4  +0.14 1/2
CORN    -CBT   MAR11   6.52       5.99 1/2   6.48 3/4  +0.53 3/4
        -CBT   MAY11   6.58 1/2   6.09 1/4   6.58      +0.54 1/4
OATS    -CBT   MAR11   4.02       3.79 1/2   3.92      +0.21 1/4
        -CBT   MAY11   4.03       3.76 1/4   3.98 1/2  +0.23
SOYBEAN -CBT   MAR11  14.32      13.56      14.22 1/2  +0.57 1/2
        -CBT   MAY11  14.40      13.65      14.31 1/4  +0.57 1/2
        -CBT   JUL11  14.41 1/2  13.70 1/2  14.34 3/4  +0.57
SOYOIL  -CBT   MAR11      58.80      56.56      57.27      +0.45
(¢/lb)  -CBT   MAY11      59.10      57.00      57.76      +0.54
SOYMEAL -CBT   MAR11     388.50     361.80     388.10     +25.40
($/ton) -CBT   MAY11     390.40     365.00     390.40     +25.40

FEEDMILL BIDS on Jan 10/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           186.00-194.00    195.00-196.00
      -REDDEER        184.00-194.00         N/A
      -EDMTN          169.02-199.00    165.35-183.72
OATS  -EDMTN          129.68-175.00         N/A
PEAS - EDMTN          200.00-220.46    183.72-220.46
BARLEY-LETH           180.00-190.00    191.00-195.00
      -MH/BRKS        183.72-190.00    182.00-195.00
      -CALGARY        178.00-190.00         N/A
      -REDDEER        178.00-184.00         N/A
      -VERM           156.16-160.76    156.16-160.76
      -EDMTN          160.76-190.00    160.76-165.00
      -GRANDEP        167.64-172.24    149.27-172.24
CANOLA CRUSHER on Jan 12/2011
      -Meal (FOB)        282.00           275.00
      -Seed (DEL)        569.60           561.27

ELEVATOR BIDS on Jan 14/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     161.77           171.42
FEED OATS  -Red Deer       N/A            189.29
FEED BARLEY-Red Deer     156.42           159.42
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       547.61           547.61
CANOLA     -Red Deer     556.06           548.71

SPECIAL CROP CASH BIDS on Jan 13/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           273.37      7.44      7.25
     FEED                         210.54      5.73      4.06
     LARGE YELLOW #2 OR BETTER    256.29      6.98      5.86
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 789.58      0.36      0.37
         #1 ESTON                 661.38      0.30      0.31
 MUSTARD #1 YELLOW                515.33      0.23      0.25
         #1 BROWN                 424.39      0.19      0.20
         #1 ORIENTAL              430.78      0.20      0.23

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 13/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    423.10   427.25   381.45   287.43    +32.7%
      -CWB #1CWRS VANC*       N/A      N/A    386.82   280.41    +37.9%
      -#1DNS GREAT FALLS    302.04   301.65   289.87   192.41    +50.7%
      -#1DNS PORTLAND         N/A      N/A    314.92   230.15    +36.8%
CORN  -#2 CHICAGO           235.41   221.35   193.94   139.90    +38.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     176.65   175.82   154.21   110.33    +39.8%
      -#2 STOCKTON            N/A      N/A      N/A    185.36     N/A
SOYBNS-#1 ILLINOIS          508.31   499.45   445.39   384.67    +15.8%
EXCH RATE Jan 13/2011: US$ in CANADA$  .9892  CANADA$ IN US$ 1.0109
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 09/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #23   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    222.0   5,083.1   6,001.5    -15.3%    -19.1%
 DURUM              74.1   1,728.5   1,459.5    +18.4%     -2.3%
 BARLEY             30.7     723.1     644.5    +12.2%    -10.3%
 OATS               12.4     577.5     425.5    +35.7%    -20.1%
 PEAS               22.1   1,161.2     716.2    +62.1%    +10.2%
 FLAXSEED            3.2     180.0     197.0     -8.6%    -48.2%
 CANOLA-EXPORTS     53.8   3,203.9   3,111.1     +3.0%    -15.8%
 CANOLA-CRUSH      109.9   2,522.0   1,702.1    +48.2%    +29.5%
U.S. EXPORTS ('000 TONNES) as of Jan 06/2011
 WHEAT             644.5  18,428.4  13,728.7    +34.2%    +41.9%
 BARLEY             N/A       97.2      64.7    +50.3%    +66.7%
 CORN              523.2  15,200.0  14,598.1     +4.1%     -1.9%
 SOYBEANS        1,042.3  22,916.3  21,741.2     +5.4%     +5.9%
NOPA SOYBEAN Month Ending: Nov 30/2010
 SOYBEAN CRUSH   4,051.5  11,584.1  11,509.4     +0.6%     -5.0%
* From Canadian Grain Commission Calendar