Weekly Crop Market Review - February 18, 2011

The next weekly will be published on Friday, February 25, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 18/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR11     194.00     194.00     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     604.00     565.80     585.90     -14.60
        -SASK  MAY11     611.00     574.50     594.10     -15.00
        -SASK  JUL11     618.50     582.30     601.70     -14.80

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 18/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR11   8.82       8.21       8.22 1/4  -0.44 3/4
        -CBT   MAY11   9.12       8.55       8.55 3/4  -0.43
WHEAT   -MINN  MAR11  10.38 1/2   9.47 1/2   9.55 1/2  -0.62 1/4
        -MINN  MAY11  10.48       9.59 1/4   9.66 1/2  -0.62 1/4
WHEAT   -KANS  MAR11   9.89       9.20 3/4   9.29 3/4  -0.43 1/4
        -KANS  MAY11  10.00       9.32       9.40 3/4  -0.43 1/2
CORN    -CBT   MAR11   7.14       6.81       7.09 3/4  +0.03 1/4
        -CBT   MAY11   7.25 1/4   6.91 1/2   7.20 1/4  +0.03
OATS    -CBT   MAR11   4.15       4.03 3/4   4.09 3/4  -0.08 1/4
        -CBT   MAY11   4.23       4.12       4.17 1/2  -0.08
SOYBEAN -CBT   MAR11  14.20      13.60      13.68      -0.48
        -CBT   MAY11  14.32 1/2  13.73      13.81      -0.48
        -CBT   JUL11  14.39      13.81      13.89      -0.48
SOYOIL  -CBT   MAR11      58.73      56.10      56.49      -2.00
(¢/lb)  -CBT   MAY11      59.32      56.73      57.12      -1.95
SOYMEAL -CBT   MAR11     378.00     361.50     362.00     -16.10
($/ton) -CBT   MAY11     381.00     366.00     366.00     -16.10

FEEDMILL BIDS on Feb 14/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           197.00-199.00    198.00-198.00
      -REDDEER             N/A              N/A
      -EDMTN          176.37-198.00    176.37-205.00
OATS  -EDMTN          129.68-180.00    129.68-178.00
PEAS - EDMTN          194.74-220.46    205.00-220.46
BARLEY-LETH           194.00-195.00    194.00-195.00
      -MH/BRKS        185.00-197.00    185.00-192.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           151.57-160.76    151.57-160.76
      -EDMTN          160.76-192.00    165.35-192.00
      -GRANDEP        172.00-172.24    172.24-172.24
CANOLA CRUSHER on Feb 16/2011
      -Meal (FOB)        264.27           288.54
      -Seed (DEL)        543.03           585.10

ELEVATOR BIDS on Feb 18/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     180.49           178.09
FEED OATS  -Red Deer     190.07           194.73
FEED BARLEY-Red Deer     166.74           159.84
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       553.51           553.51
CANOLA     -Red Deer     552.66           559.80

SPECIAL CROP CASH BIDS on Feb 17/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           282.93      7.70      7.04
     FEED                         210.54      5.73      3.66
     LARGE YELLOW #2 OR BETTER    295.60      8.04      4.84
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 848.77      0.38      0.32
         #1 ESTON                 698.09      0.32      0.29
 MUSTARD #1 YELLOW                633.83      0.29      0.25
         #1 BROWN                 523.60      0.24      0.18
         #1 ORIENTAL              562.18      0.25      0.19

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 17/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    462.70   488.95   396.15   287.43    +37.8%
      -CWB #1CWRS VANC*     448.66     N/A    402.32   280.41    +43.5%
      -#1DNS GREAT FALLS      N/A    372.85   325.37   192.41    +69.1%
      -#1DNS PORTLAND         N/A    413.46   375.82   230.15    +63.3%
CORN  -#2 CHICAGO           266.09   259.33   203.81   139.90    +45.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     205.19   195.39   160.47   110.33    +45.4%
      -#2 STOCKTON          293.13     N/A    293.13   185.36    +58.1%
SOYBNS-#1 ILLINOIS          505.92   521.95   456.98   384.67    +18.8%
EXCH RATE Feb 17/2011: US$ in CANADA$  .9849  CANADA$ IN US$ 1.0153
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Feb 13/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #28   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    172.1   6,126.8   7,079.3    -13.5%    -18.4%
 DURUM              49.3   1,921.0   1,652.8    +16.2%     +5.7%
 BARLEY             29.1     855.9     744.5    +15.0%    +12.2%
 OATS               22.0     635.6     517.1    +22.9%    -13.4%
 PEAS               59.0   1,403.2     862.5    +62.7%    +10.2%
 FLAXSEED             .1     193.5     301.6    -35.8%    -48.2%
 CANOLA            148.3   3,950.7   3,780.2     +4.5%    -15.8%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Feb 16/2011
 CANOLA CRUSH      114.9   3,222.4   2,224.3    +44.9%    +29.5%

U.S. EXPORTS ('000 TONNES) as of Feb 10/2011
 WHEAT             658.5  22,047.6  15,910.0    +38.6%    +47.6%
 BARLEY               .2      98.5      69.6    +41.5%    +66.7%
 CORN              664.2  18,713.6  18,538.6     +0.9%     -1.9%
 SOYBEANS          920.5  28,729.6  28,006.0     +2.6%     +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