Weekly Crop Market Review - March 25, 2011

The next weekly will be published on Friday, April 1, 2011
This information is collected by the Statistics and Data Development Branch
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 25/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAY11        N/A        N/A     200.00      +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     589.60     567.00     581.30      +8.50
        -SASK  JUL11     597.90     575.00     589.70      +8.60
        -SASK  NOV11     573.90     553.90     567.00      +7.00

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 25/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY11   7.52       7.06       7.33 1/4  +0.10 1/4
        -CBT   JUL11   7.85       7.44       7.68 3/4  +0.10 1/4
WHEAT   -MINN  MAY11   8.97       8.53 1/4   8.81      +0.13 1/2
        -MINN  JUL11   9.05 1/2   8.62 3/4   8.89 1/4  +0.13
WHEAT   -KANS  MAY11   8.68       8.25       8.55      +0.10
        -KANS  JUL11   8.68 1/2   8.36       8.65 3/4  +0.10
CORN    -CBT   MAY11   7.17       6.73 3/4   6.89 1/2  +0.06
        -CBT   JUL11   7.21 1/2   6.81 3/4   6.95 1/2  +0.05 1/2
OATS    -CBT   MAY11   3.54 1/4   3.39 1/2   3.49      -0.03
        -CBT   JUL11   3.58 1/4   3.50 1/4   3.57 1/2  -0.03
SOYBEAN -CBT   MAY11  13.67      13.39      13.58 1/4  -0.04 1/4
        -CBT   JUL11  13.77 1/2  13.50      13.68 1/2  -0.03
        -CBT   AUG11  13.69 1/2  13.57      13.67      -0.00 1/4
SOYOIL  -CBT   MAY11      56.85      55.08      56.84      +1.07
(¢/lb)  -CBT   JUL11      57.45      55.61      57.41      +1.06
SOYMEAL -CBT   MAY11     368.00     355.50     357.20     -10.70
($/ton) -CBT   JUL11     371.00     360.20     362.00      -9.10

FEEDMILL BIDS on Mar 21/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           204.00-205.00    201.00-204.00
      -REDDEER             N/A              N/A
      -EDMTN          191.07-210.00    176.37-205.00
OATS  -EDMTN          129.68-180.00    136.17-182.00
PEAS - EDMTN          210.00-235.16    194.74-235.16
BARLEY-LETH           195.00-199.00    195.00-199.00
      -MH/BRKS        193.00-195.00    188.00-197.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           151.57-160.76    151.57-160.76
      -EDMTN          165.35-190.00    169.94-195.00
      -GRANDEP        167.64-172.24    172.24-172.24
CANOLA CRUSHER on Mar 23/2011
      -Meal (FOB)        256.83           239.00
      -Seed (DEL)        545.67           519.23

ELEVATOR BIDS on Mar 25/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     183.10           184.76
FEED OATS  -Red Deer     154.19           145.91
FEED BARLEY-Red Deer     162.37           158.29
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       449.98           453.91
CANOLA     -Red Deer     559.08           544.63

SPECIAL CROP CASH BIDS on Mar 24/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           273.19      7.44      6.44
     FEED                         144.77      3.94      3.25
     LARGE YELLOW #2 OR BETTER    259.78      7.07      4.50
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 823.53      0.37      0.32
         #1 ESTON                 663.70      0.30      0.26
 MUSTARD #1 YELLOW                672.41      0.30      0.22
         #1 BROWN                 609.02      0.28      0.17
         #1 ORIENTAL              584.22      0.26      0.18

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 24/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    412.55   397.35   400.30   287.43    +39.3%
      -CWB #1CWRS VANC*       N/A    397.04   403.74   280.41    +44.0%
      -#1DNS GREAT FALLS    342.19   343.74   334.14   192.41    +73.7%
      -#1DNS PORTLAND       382.73   378.35   383.05   230.15    +66.4%
CORN  -#2 CHICAGO           260.56   241.52   211.61   139.90    +51.3%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     191.00   192.98   166.31   110.33    +50.7%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          483.52   479.37   461.41   384.67    +19.9%
EXCH RATE Mar 24/2011: US$ in CANADA$  .9762  CANADA$ IN US$ 1.0244
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Mar 20/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #33   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    362.2   7,170.0   8,557.2    -16.2%    -18.4%
 DURUM              42.2   2,178.0   1,855.7    +17.4%     +5.7%
 BARLEY             22.1     953.0     854.5    +11.5%    +12.2%
 OATS               12.6     705.6     602.5    +17.1%    -13.4%
 PEAS               65.1   1,688.3     981.8    +72.0%    +10.2%
 FLAXSEED            1.2     209.4     344.9    -39.3%    -48.2%
 CANOLA            153.7   4,592.6   4,585.9     +0.1%    -15.8%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Mar 23/2011
 CANOLA CRUSH      128.3   3,812.2   2,735.4    +39.4%    +29.5%

U.S. EXPORTS ('000 TONNES) as of Mar 17/2011
 WHEAT             700.8  25,522.0  18,422.8    +38.5%    +44.7%
 BARLEY             N/A      111.9      73.0    +53.2%    +33.3%
 CORN              749.4  23,286.5  23,836.2     -2.3%     -1.9%
 SOYBEANS          755.0  33,789.2  33,006.8     +2.4%     +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