Weekly Crop Market Review - March 18, 2011

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

WINNIPEG FUTURES (CDN $/TONNE) as of Mar 18/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAY11        N/A        N/A     200.00      -5.00
        -LETH  JUL11        N/A        N/A     205.00      +0.00
        -LETH  OCT11        N/A        N/A     195.00      +0.00
CANOLA  -SASK  MAY11     576.30     525.00     572.80     +14.70
        -SASK  JUL11     584.50     532.20     581.10     +15.30
        -SASK  NOV11     563.50     511.00     560.00     +15.30

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 18/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY11   7.46 1/2   6.57       7.23      +0.04 1/4
        -CBT   JUL11   7.80 1/4   6.92       7.58 1/2  +0.07 3/4
WHEAT   -MINN  MAY11   8.92 1/2   7.97 1/4   8.67 1/2  +0.09
        -MINN  JUL11   9.00 3/4   8.06 1/2   8.76 1/4  +0.09 1/2
WHEAT   -KANS  MAY11   8.68 1/2   7.66       8.45      +0.22
        -KANS  JUL11   8.78 1/2   7.76       8.55 3/4  +0.22
CORN    -CBT   MAY11   6.91 1/2   6.08 1/2   6.83 1/2  +0.19 1/4
        -CBT   JUL11   6.98 3/4   6.15 1/2   6.90      +0.19 1/4
OATS    -CBT   MAY11   3.52       3.15       3.52      +0.01 1/2
        -CBT   JUL11   3.60 1/2   3.23 1/4   3.60 1/2  +0.02 1/4
SOYBEAN -CBT   MAY11  13.83      12.70      13.62 1/2  +0.28
        -CBT   JUL11  13.91      12.78      13.71 1/2  +0.29
        -CBT   AUG11  13.67 1/4  12.73 1/2  13.67 1/4  +0.31
SOYOIL  -CBT   MAY11      56.15      52.85      55.77      -0.13
(¢/lb)  -CBT   JUL11      56.70      53.40      56.35      -0.12
SOYMEAL -CBT   MAY11     372.50     340.00     367.90     +17.90
($/ton) -CBT   JUL11     375.00     344.30     371.10     +14.10

FEEDMILL BIDS on Mar 14/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           201.00-204.00    199.00-202.00
      -REDDEER             N/A              N/A
      -EDMTN          176.37-205.00    176.37-205.00
OATS  -EDMTN          136.17-182.00    136.17-185.00
PEAS - EDMTN          194.74-235.16    194.74-220.46
BARLEY-LETH           195.00-199.00    196.00-196.00
      -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          169.94-195.00    163.05-193.00
      -GRANDEP        172.24-172.24    172.24-172.24
CANOLA CRUSHER on Mar 16/2011
      -Meal (FOB)        239.00           248.40
      -Seed (DEL)        519.23           539.17

ELEVATOR BIDS on Mar 18/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     184.76           180.95
FEED OATS  -Red Deer     145.91           161.69
FEED BARLEY-Red Deer     158.29           166.24
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       453.91           479.90
CANOLA     -Red Deer     544.63           545.43

SPECIAL CROP CASH BIDS on Mar 17/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           273.19      7.44      6.69
     FEED                         172.70      4.70      3.34
     LARGE YELLOW #2 OR BETTER    259.78      7.07      4.66
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 830.92      0.38      0.32
         #1 ESTON                 658.08      0.30      0.28
 MUSTARD #1 YELLOW                672.41      0.30      0.22
         #1 BROWN                 609.02      0.28      0.16
         #1 ORIENTAL              573.20      0.26      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 17/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    397.35   425.50   399.93   287.43    +39.1%
      -CWB #1CWRS VANC*     397.04   427.57   403.74   280.41    +44.0%
      -#1DNS GREAT FALLS    343.74   333.74   333.40   192.41    +73.3%
      -#1DNS PORTLAND       378.35   374.96   383.10   230.15    +66.5%
CORN  -#2 CHICAGO           241.52   250.13   210.13   139.90    +50.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     192.98   204.33   165.57   110.33    +50.1%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          479.37   480.53   460.74   384.67    +19.8%
EXCH RATE Mar 17/2011: US$ in CANADA$  .9863  CANADA$ IN US$ 1.0139
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Mar 13/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #32   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    177.8   6,807.8   8,311.6    -18.1%    -18.4%
 DURUM              41.7   2,135.8   1,818.8    +17.4%     +5.7%
 BARLEY              7.5     930.9     820.8    +13.4%    +12.2%
 OATS               19.7     693.8     591.1    +17.4%    -13.4%
 PEAS               37.3   1,623.2     954.3    +70.1%    +10.2%
 FLAXSEED             .3     207.7     335.3    -38.1%    -48.2%
 CANOLA             49.7   4,438.9   4,461.7     -0.5%    -15.8%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Mar 16/2011
 CANOLA CRUSH      120.1   3,683.8   2,628.6    +40.1%    +29.5%

U.S. EXPORTS ('000 TONNES) as of Mar 10/2011
 WHEAT             699.7  24,737.9  17,872.3    +38.4%    +44.7%
 BARLEY               .7     111.9      71.0    +57.7%    +33.3%
 CORN              894.5  22,436.1  22,683.5     -1.1%     -1.9%
 SOYBEANS          895.9  32,987.9  32,114.6     +2.7%     +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