Weekly Crop Market Review - April 1, 2011

The next weekly will be published on Friday, April 8, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 01/2011
              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     205.00     +10.00
CANOLA  -SASK  MAY11     603.40     577.70     590.90      +9.60
        -SASK  JUL11     611.80     586.30     599.70     +10.00
        -SASK  NOV11     588.60     563.10     577.40     +10.40

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 01/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY11   7.73 1/2   7.23       7.59 1/2  +0.26 1/4
        -CBT   JUL11   8.07       7.59       7.96      +0.27 1/4
WHEAT   -MINN  MAY11   9.36 1/2   8.70 1/4   9.22 1/2  +0.41 1/2
        -MINN  JUL11   9.44 3/4   8.78 1/2   9.30 1/2  +0.41 1/4
WHEAT   -KANS  MAY11   9.23       8.46       9.06 1/2  +0.51 1/2
        -KANS  JUL11   9.33       8.57       9.17 1/4  +0.51 1/2
CORN    -CBT   MAY11   7.38 1/4   6.60       7.36      +0.46 1/2
        -CBT   JUL11   7.46       6.69       7.43      +0.47 1/2
OATS    -CBT   MAY11   3.75       3.47       3.75      +0.26
        -CBT   JUL11   3.87       3.55 1/2   3.84      +0.26 1/2
SOYBEAN -CBT   MAY11  14.31      13.47      13.93 3/4  +0.35 1/2
        -CBT   JUL11  14.41      13.59      14.04 1/4  +0.35 3/4
        -CBT   AUG11  14.38      13.51 1/2  14.04 1/2  +0.37 1/2
SOYOIL  -CBT   MAY11      59.59      56.37      58.68      +1.84
(¢/lb)  -CBT   JUL11      60.00      56.93      59.28      +1.87
SOYMEAL -CBT   MAY11     376.50     353.50     360.90      +3.70
($/ton) -CBT   JUL11     380.50     358.80     366.20      +4.20

FEEDMILL BIDS on Mar 28/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           193.00-204.00    204.00-205.00
      -REDDEER             N/A              N/A
      -EDMTN          180.05-205.00    191.07-210.00
OATS  -EDMTN          136.17-185.00    129.68-180.00
PEAS - EDMTN          210.00-235.16    210.00-235.16
BARLEY-LETH           196.00-199.00    195.00-199.00
      -MH/BRKS        175.00-197.00    193.00-195.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           151.57-160.76    151.57-160.76
      -EDMTN          160.76-195.00    165.35-190.00
      -GRANDEP        167.64-172.24    167.64-172.24
CANOLA CRUSHER on Mar 30/2011
      -Meal (FOB)        262.90           256.83
      -Seed (DEL)        556.18           545.67

ELEVATOR BIDS on Apr 01/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     183.10           183.10
FEED OATS  -Red Deer     154.80           154.19
FEED BARLEY-Red Deer     162.37           162.37
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       449.98           449.98
CANOLA     -Red Deer     568.84           559.08

SPECIAL CROP CASH BIDS on Mar 31/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           273.19      7.44      7.04
     FEED                         144.77      3.94      3.25
     LARGE YELLOW #2 OR BETTER    253.72      6.91      4.42
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 805.12      0.37      0.31
         #1 ESTON                 663.26      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 $/TONNE) as of Mar 31/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    416.25   412.55   400.75   287.43    +39.4%
      -CWB #1CWRS VANC*       N/A      N/A    403.74   280.41    +44.0%
      -#1DNS GREAT FALLS    351.82   342.19   335.50   192.41    +74.4%
      -#1DNS PORTLAND       396.17   382.73   384.51   230.15    +67.1%
CORN  -#2 CHICAGO           257.18   260.56   212.92   139.90    +52.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     200.40   191.00   167.29   110.33    +51.6%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          500.82   483.52   462.53   384.67    +20.2%
EXCH RATE Mar 31/2011: US$ in CANADA$  .9696  CANADA$ IN US$ 1.0314
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Mar 27/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #34   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    264.5   7,434.5   8,927.6    -16.7%    -18.4%
 DURUM              28.9   2,206.9   1,944.1    +13.5%     +5.7%
 BARLEY             48.6   1,001.6     866.7    +15.6%    +12.2%
 OATS               13.4     719.0     627.2    +14.6%    -13.4%
 PEAS               58.9   1,747.2   1,043.0    +67.5%    +10.2%
 FLAXSEED             .1     209.5     363.6    -42.4%    -48.2%
 CANOLA            118.7   4,711.3   4,768.7     -1.2%    -15.8%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Mar 30/2011
 CANOLA CRUSH      124.8   3,937.0   2,844.2    +38.4%    +29.5%

U.S. EXPORTS ('000 TONNES) as of Mar 24/2011
 WHEAT             803.7  26,331.8  18,829.1    +39.8%    +44.7%
 BARLEY               .5     112.8      73.5    +53.5%    +33.3%
 CORN            1,075.5  24,441.6  24,876.7     -1.7%     -1.9%
 SOYBEANS          797.0  34,665.3  33,857.6     +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