Weekly Crop Market Review - March 11, 2011

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

WINNIPEG FUTURES (CDN $/TONNE) as of Mar 11/2011
              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     601.00     541.90     558.10     -39.50
        -SASK  JUL11     608.30     548.00     565.80     -38.60
        -SASK  NOV11     580.10     526.50     544.70     -32.90

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 11/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY11   8.26       7.16       7.18 3/4  -1.13 1/2
        -CBT   JUL11   8.53       7.50 3/4   7.50 3/4  -1.09 1/4
WHEAT   -MINN  MAY11   9.71 1/2   8.43 1/2   8.58 1/2  -1.06 3/4
        -MINN  JUL11   9.75 1/4   8.52       8.66 3/4  -1.03
WHEAT   -KANS  MAY11   9.25       8.15       8.23      -1.05 1/2
        -KANS  JUL11   9.33       8.25       8.33 3/4  -1.03
CORN    -CBT   MAY11   7.29       6.58 1/2   6.64 1/4  -0.63 3/4
        -CBT   JUL11   7.33       6.65 1/2   6.70 3/4  -0.62
OATS    -CBT   MAY11   3.88       3.47 1/2   3.50 1/2  -0.39 1/2
        -CBT   JUL11   3.94       3.58 1/4   3.58 1/4  -0.39
SOYBEAN -CBT   MAY11  14.14      13.24      13.34 1/2  -0.79 1/2
        -CBT   JUL11  14.20      13.30      13.42 1/2  -0.78 3/4
        -CBT   AUG11  13.91 3/4  13.36 1/4  13.36 1/4  -0.71 3/4
SOYOIL  -CBT   MAY11      59.50      55.60      55.90      -3.58
(¢/lb)  -CBT   JUL11      59.70      56.24      56.47      -3.51
SOYMEAL -CBT   MAY11     370.00     342.00     350.00     -19.70
($/ton) -CBT   JUL11     372.50     351.50     357.00     -16.10

FEEDMILL BIDS on Mar 07/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           199.00-202.00    198.00-203.00
      -REDDEER             N/A              N/A
      -EDMTN          176.37-205.00    176.37-204.00
OATS  -EDMTN          136.17-185.00    136.17-180.00
PEAS - EDMTN          194.74-220.46    194.74-220.46
BARLEY-LETH           196.00-196.00    195.00-197.00
      -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          163.05-193.00    160.76-192.00
      -GRANDEP        172.24-172.24    172.24-172.24
CANOLA CRUSHER on Mar 09/2011
      -Meal (FOB)        248.40           263.67
      -Seed (DEL)        539.17           557.73

ELEVATOR BIDS on Mar 11/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     180.95           180.49
FEED OATS  -Red Deer     161.69           159.45
FEED BARLEY-Red Deer     166.24           177.24
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       479.90           479.90
CANOLA     -Red Deer     545.43           561.76

SPECIAL CROP CASH BIDS on Mar 10/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           274.11      7.46      6.69
     FEED                         210.54      5.73      3.34
     LARGE YELLOW #2 OR BETTER    271.90      7.40      4.78
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 841.94      0.38      0.32
         #1 ESTON                 676.60      0.31      0.28
 MUSTARD #1 YELLOW                643.97      0.29      0.22
         #1 BROWN                 606.27      0.27      0.16
         #1 ORIENTAL              573.20      0.26      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 10/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    425.50   438.95   400.01   287.43    +39.2%
      -CWB #1CWRS VANC*     427.57     N/A    404.26   280.41    +44.2%
      -#1DNS GREAT FALLS    333.74   356.87   332.37   192.41    +72.7%
      -#1DNS PORTLAND       374.96   400.99   383.89   230.15    +66.8%
CORN  -#2 CHICAGO           250.13   269.93   209.15   139.90    +49.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     204.33   203.62   164.71   110.33    +49.3%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          480.53   500.65   460.16   384.67    +19.6%
EXCH RATE Mar 10/2011: US$ in CANADA$  .9756  CANADA$ IN US$ 1.0250
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Mar 06/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #31   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    197.5   6,630.0   8,128.0    -18.4%    -18.4%
 DURUM              44.8   2,094.1   1,797.8    +16.5%     +5.7%
 BARLEY             60.8     923.4     812.6    +13.6%    +12.2%
 OATS               11.4     674.1     567.3    +18.8%    -13.4%
 PEAS               52.4   1,585.9     943.2    +68.1%    +10.2%
 FLAXSEED            1.7     207.4     314.8    -34.1%    -48.2%
 CANOLA            147.9   4,389.2   4,265.3     +2.9%    -15.8%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Mar 09/2011
 CANOLA CRUSH      117.3   3,563.7   2,518.4    +41.5%    +29.5%

U.S. EXPORTS ('000 TONNES) as of Mar 03/2011
 WHEAT             583.5  24,038.1  17,572.9    +36.8%    +47.6%
 BARLEY             N/A      111.0      70.6    +57.3%    +66.7%
 CORN            1,114.7  21,489.2  21,688.1     -0.9%     -1.9%
 SOYBEANS          717.9  32,022.7  31,237.9     +2.5%     +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