Weekly Crop Market Review - February 25, 2011

The next weekly will be published on Friday, March 4, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 25/2011
              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     590.10     539.70     575.00     -10.90
        -SASK  MAY11     598.10     547.90     583.40     -10.70
        -SASK  JUL11     604.40     555.10     591.10     -10.60

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 25/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR11   8.01       7.23       7.76 1/2  -0.45 3/4
        -CBT   MAY11   8.35       7.79       8.11 1/4  -0.44 1/2
WHEAT   -MINN  MAR11   9.65 1/2   8.73 1/2   9.15 3/4  -0.39 3/4
        -MINN  MAY11   9.76 1/2   8.85       9.28 1/2  -0.38
WHEAT   -KANS  MAR11   9.13       8.59       8.87 1/2  -0.42 1/4
        -KANS  MAY11   9.22       8.71       8.99      -0.41 3/4
CORN    -CBT   MAR11   7.16 1/2   6.66 1/2   7.12      +0.02 1/4
        -CBT   MAY11   7.26 1/2   6.76       7.22      +0.01 3/4
OATS    -CBT   MAR11   3.89 3/4   3.56 1/4   3.69 1/4  -0.40 1/2
        -CBT   MAY11   4.02 1/4   3.70       3.79      -0.38 1/2
SOYBEAN -CBT   MAR11  13.80      12.98      13.65 1/2  -0.02 1/2
        -CBT   MAY11  13.95      13.11      13.75      -0.06
        -CBT   JUL11  14.03      13.19      13.82 3/4  -0.06 1/4
SOYOIL  -CBT   MAR11      57.15      53.99      56.95      +0.46
(¢/lb)  -CBT   MAY11      57.78      54.62      57.58      +0.46
SOYMEAL -CBT   MAR11     364.50     345.50     359.70      -2.30
($/ton) -CBT   MAY11     369.00     349.50     364.70      -1.30

FEEDMILL BIDS on Feb 21/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           198.00-200.00    197.00-199.00
      -REDDEER             N/A              N/A
      -EDMTN          176.37-190.00    176.37-198.00
OATS  -EDMTN          129.68-175.07    129.68-180.00
PEAS - EDMTN          205.00-220.46    194.74-220.46
BARLEY-LETH           195.00-195.00    194.00-195.00
      -MH/BRKS        188.00-197.00    185.00-197.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           151.57-160.76    151.57-160.76
      -EDMTN          160.76-170.00    160.76-192.00
      -GRANDEP        167.64-172.24    172.00-172.24
CANOLA CRUSHER on Feb 23/2011
      -Meal (FOB)        256.17           264.27
      -Seed (DEL)        537.83           543.03

ELEVATOR BIDS on Feb 25/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     180.49           180.49
FEED OATS  -Red Deer     172.72           190.07
FEED BARLEY-Red Deer     163.74           166.74
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       489.34           553.51
CANOLA     -Red Deer     539.96           552.66

SPECIAL CROP CASH BIDS on Feb 24/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           280.36      7.63      6.58
     FEED                          N/A       N/A        3.65
     LARGE YELLOW #2 OR BETTER    280.36      7.63      4.73
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 859.79      0.39      0.31
         #1 ESTON                 712.75      0.32      0.28
 MUSTARD #1 YELLOW                606.27      0.27      0.25
         #1 BROWN                 473.99      0.21      0.18
         #1 ORIENTAL              551.15      0.25      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 24/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    447.40   462.70   397.86   287.43    +38.4%
      -CWB #1CWRS VANC*       N/A    448.66   402.32   280.41    +43.5%
      -#1DNS GREAT FALLS    355.49     N/A    329.14   192.41    +71.1%
      -#1DNS PORTLAND       399.92     N/A    381.85   230.15    +65.9%
CORN  -#2 CHICAGO           256.72   262.40   205.45   139.90    +46.9%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     209.17   205.19   162.09   110.33    +46.9%
      -#2 STOCKTON            N/A    293.13   293.13   185.36    +58.1%
SOYBNS-#1 ILLINOIS          474.25   505.92   457.55   384.67    +18.9%
EXCH RATE Feb 24/2011: US$ in CANADA$  .9832  CANADA$ IN US$ 1.0171
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Feb 20/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #29   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    215.9   6,342.7   7,562.0    -16.1%    -18.4%
 DURUM             101.2   2,022.2   1,722.1    +17.4%     +5.7%
 BARLEY              6.6     862.5     755.1    +14.2%    +12.2%
 OATS               17.8     653.4     532.4    +22.7%    -13.4%
 PEAS               15.1   1,418.3     897.0    +58.1%    +10.2%
 FLAXSEED            1.8     195.3     308.5    -36.7%    -48.2%
 CANOLA            154.5   4,105.2   3,912.4     +4.9%    -15.8%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Feb 23/2011
 CANOLA CRUSH      119.1   3,341.6   2,316.0    +44.3%    +29.5%

U.S. EXPORTS ('000 TONNES) as of Feb 17/2011
 WHEAT             843.9  22,915.6  16,461.7    +39.2%    +47.6%
 BARLEY             N/A       98.5      69.8    +41.1%    +66.7%
 CORN              966.8  19,725.9  19,624.5     +0.5%     -1.9%
 SOYBEANS        1,115.1  29,936.9  29,174.7     +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