Weekly Crop Market Review - March 4, 2011

The next weekly will be published on Friday, March 11, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Mar 04/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAY11        N/A        N/A     205.00      +0.00
        -LETH  JUL11        N/A        N/A     205.00      +0.00
        -LETH  OCT11        N/A        N/A     195.00      +0.00
CANOLA  -SASK  MAY11     604.50     574.30     597.60     +14.20
        -SASK  JUL11     610.80     582.00     604.40     +13.30
        -SASK  NOV11     582.10     563.80     577.60      +4.60

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 04/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY11   8.35       8.00       8.32 1/4  +0.21
        -CBT   JUL11   8.60       8.36       8.60      +0.19
WHEAT   -MINN  MAY11   9.70       9.20       9.65 1/4  +0.36 3/4
        -MINN  JUL11   9.74 1/4   9.27 3/4   9.69 3/4  +0.33 1/2
WHEAT   -KANS  MAY11   9.31       8.90       9.28 1/2  +0.29 1/2
        -KANS  JUL11   9.38       9.00       9.36 3/4  +0.27 3/4
CORN    -CBT   MAY11   7.42       7.07 1/2   7.28      +0.06
        -CBT   JUL11   7.45       7.14       7.32 3/4  +0.06
OATS    -CBT   MAY11   3.96 1/4   3.77 1/2   3.90      +0.11
        -CBT   JUL11   4.00 3/4   3.88 1/2   3.97 1/4  +0.10 3/4
SOYBEAN -CBT   MAY11  14.23      13.55      14.14      +0.39
        -CBT   JUL11  14.27 1/2  13.63 1/2  14.21 1/4  +0.38 1/2
        -CBT   AUG11  14.08      13.56      14.08      +0.40
SOYOIL  -CBT   MAY11      59.66      56.80      59.48      +1.90
(¢/lb)  -CBT   JUL11      60.05      57.50      59.98      +1.88
SOYMEAL -CBT   MAY11     374.50     357.00     369.70      +5.00
($/ton) -CBT   JUL11     377.00     360.00     373.10      +6.60

FEEDMILL BIDS on Feb 28/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           198.00-203.00    198.00-200.00
      -REDDEER             N/A              N/A
      -EDMTN          176.37-204.00    176.37-190.00
OATS  -EDMTN          136.17-180.00    129.68-175.07
PEAS - EDMTN          194.74-220.46    205.00-220.46
BARLEY-LETH           195.00-197.00    195.00-195.00
      -MH/BRKS        188.00-197.00    188.00-197.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           151.57-160.76    151.57-160.76
      -EDMTN          160.76-192.00    160.76-170.00
      -GRANDEP        172.24-172.24    167.64-172.24
CANOLA CRUSHER on Mar 02/2011
      -Meal (FOB)        263.67           256.17
      -Seed (DEL)        557.73           537.83

ELEVATOR BIDS on Mar 04/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     180.49           180.49
FEED OATS  -Red Deer     159.45           172.72
FEED BARLEY-Red Deer     177.24           163.74
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       479.90           489.34
CANOLA     -Red Deer     561.76           539.96

SPECIAL CROP CASH BIDS on Mar 03/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           282.93      7.70      6.56
     FEED                         210.54      5.73      3.50
     LARGE YELLOW #2 OR BETTER    277.79      7.56      4.81
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 848.77      0.38      0.32
         #1 ESTON                 698.09      0.32      0.29
 MUSTARD #1 YELLOW                650.36      0.29      0.24
         #1 BROWN                 545.64      0.25      0.18
         #1 ORIENTAL              584.22      0.26      0.19

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 03/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    438.95   447.40   399.19   287.43    +38.9%
      -CWB #1CWRS VANC*       N/A      N/A    402.32   280.41    +43.5%
      -#1DNS GREAT FALLS    356.87   355.49   332.22   192.41    +72.7%
      -#1DNS PORTLAND       400.99   399.92   385.68   230.15    +67.6%
CORN  -#2 CHICAGO           269.93   265.92   207.83   139.90    +48.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     203.62   209.17   163.43   110.33    +48.1%
      -#2 STOCKTON            N/A    292.62   292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          500.65   491.50   459.50   384.67    +19.5%
EXCH RATE Mar 03/2011: US$ in CANADA$  .9722  CANADA$ IN US$ 1.0286
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Feb 27/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #30   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)     89.8   6,432.5   7,841.3    -18.0%    -18.4%
 DURUM              27.1   2,049.3   1,767.7    +15.9%     +5.7%
 BARLEY               .1     862.6     762.2    +13.2%    +12.2%
 OATS                9.3     662.7     552.6    +19.9%    -13.4%
 PEAS              115.2   1,533.5     926.9    +65.4%    +10.2%
 FLAXSEED           10.4     205.7     312.0    -34.1%    -48.2%
 CANOLA            136.1   4,241.3   4,076.1     +4.1%    -15.8%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Mar 02/2011
 CANOLA CRUSH      104.8   3,446.4   2,416.6    +42.6%    +29.5%

U.S. EXPORTS ('000 TONNES) as of Feb 24/2011
 WHEAT             532.5  23,454.2  16,997.3    +38.0%    +47.6%
 BARLEY             12.5     111.0      69.9    +58.8%    +66.7%
 CORN              610.9  20,359.0  20,709.5     -1.7%     -1.9%
 SOYBEANS        1,323.3  31,288.5  30,296.6     +3.3%     +5.9%

NOPA SOYBEAN Month Ending: Jan 31/2011
 SOYBEAN CRUSH   3,936.3  19,481.3  20,402.6     -4.5%     -5.5%
* From Canadian Grain Commission Calendar