Weekly Crop Market Review - February 11, 2011

The next weekly will be published on Friday, February 18, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 11/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR11        N/A        N/A     194.00      +0.00
        -LETH  MAY11        N/A        N/A     205.00      +0.00
        -LETH  JUL11        N/A        N/A     205.00      +0.00
CANOLA  -SASK  MAR11     619.50     598.20     600.50      -8.90
        -SASK  MAY11     628.40     606.60     609.10      -8.80
        -SASK  JUL11     635.30     613.90     616.50      -8.80

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 11/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR11   8.92       8.51       8.67      +0.13 1/4
        -CBT   MAY11   9.22       8.90       8.98 3/4  +0.14
WHEAT   -MINN  MAR11  10.31 3/4   9.84      10.17 3/4  +0.29 1/4
        -MINN  MAY11  10.42       9.95      10.28 3/4  +0.30
WHEAT   -KANS  MAR11   9.88 1/2   9.45       9.73      +0.30 1/4
        -KANS  MAY11  10.00       9.56       9.84 1/4  +0.30 1/2
CORN    -CBT   MAR11   7.06 3/4   6.68 3/4   7.06 1/2  +0.28
        -CBT   MAY11   7.17 1/2   6.80       7.17 1/4  +0.28
OATS    -CBT   MAR11   4.25       4.17 1/4   4.18      +0.02 1/2
        -CBT   MAY11   4.31       4.16       4.25 1/2  +0.04 1/2
SOYBEAN -CBT   MAR11  14.55      14.11      14.16      -0.17 1/2
        -CBT   MAY11  14.66 1/2  14.23 1/2  14.29      -0.15
        -CBT   JUL11  14.73      14.33      14.37      -0.13
SOYOIL  -CBT   MAR11      59.75      58.15      58.49      -0.49
(¢/lb)  -CBT   MAY11      60.28      58.75      59.07      -0.44
SOYMEAL -CBT   MAR11     390.50     376.50     378.10      -5.10
($/ton) -CBT   MAY11     393.10     380.20     382.10      -3.80

FEEDMILL BIDS on Feb 07/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           198.00-198.00    197.00-199.00
      -REDDEER             N/A              N/A
      -EDMTN          176.37-205.00    176.37-202.09
OATS  -EDMTN          129.68-178.00    129.68-180.00
PEAS - EDMTN          205.00-220.46    200.00-238.84
BARLEY-LETH           194.00-195.00    192.00-194.00
      -MH/BRKS        185.00-192.00    183.50-192.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           151.57-160.76    151.57-160.76
      -EDMTN          165.35-192.00    160.76-190.00
      -GRANDEP        172.24-172.24    172.24-172.24
CANOLA CRUSHER on Feb 09/2011
      -Meal (FOB)        288.54           290.67
      -Seed (DEL)        585.10           582.70

ELEVATOR BIDS on Feb 11/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     178.09           172.83
FEED OATS  -Red Deer     194.73           187.24
FEED BARLEY-Red Deer     159.84           159.84
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       553.51           551.15
CANOLA     -Red Deer     559.80           584.15

SPECIAL CROP CASH BIDS on Feb 10/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           282.56      7.69      7.29
     FEED                         210.54      5.73      3.66
     LARGE YELLOW #2 OR BETTER    296.89      8.08      5.15
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 856.60      0.39      0.35
         #1 ESTON                 698.09      0.32      0.29
 MUSTARD #1 YELLOW                633.83      0.29      0.26
         #1 BROWN                 523.60      0.24      0.19
         #1 ORIENTAL              556.67      0.25      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 10/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    488.95   475.75   393.77   287.43    +37.0%
      -CWB #1CWRS VANC*       N/A    465.67   398.10   280.41    +42.0%
      -#1DNS GREAT FALLS    372.85   355.76   325.37   192.41    +69.1%
      -#1DNS PORTLAND       413.46   399.09   375.82   230.15    +63.3%
CORN  -#2 CHICAGO           263.05   244.03   201.72   139.90    +44.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     195.39   189.53   158.87   110.33    +44.0%
      -#2 STOCKTON            N/A      N/A      N/A    185.36     N/A
SOYBNS-#1 ILLINOIS          521.95   519.80   455.23   384.67    +18.3%
EXCH RATE Feb 10/2011: US$ in CANADA$  .9958  CANADA$ IN US$ 1.0042
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Feb 06/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #27   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    278.7   5,954.7   6,920.5    -14.0%    -18.4%
 DURUM              18.7   1,871.7   1,644.2    +13.8%     +5.7%
 BARLEY             35.2     826.2     741.1    +11.5%    +12.2%
 OATS               15.6     613.6     497.9    +23.2%    -13.4%
 PEAS               56.7   1,344.2     828.5    +62.2%    +10.2%
 FLAXSEED            4.0     193.4     279.2    -30.7%    -48.2%
 CANOLA            123.7   3,802.4   3,645.7     +4.3%    -15.8%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Feb 09/2011
 CANOLA CRUSH      124.0   3,107.5   2,123.8    +46.3%    +29.5%

U.S. EXPORTS ('000 TONNES) as of Feb 03/2011
 WHEAT             808.6  21,357.7  15,466.1    +38.1%    +47.6%
 BARLEY               .3      98.3      69.6    +41.4%    +66.7%
 CORN              676.7  18,062.1  17,903.9     +0.9%     -1.9%
 SOYBEANS        1,125.0  27,734.4  26,943.3     +2.9%     +5.9%

NOPA SOYBEAN Month Ending: Dec 31/2010
 SOYBEAN CRUSH   3,960.8  15,545.0  15,982.9     -2.7%     -5.5%
* From Canadian Grain Commission Calendar