Weekly Crop Market Review - April 8, 2011

The next weekly will be published on Friday, April 15, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 08/2011
              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      +0.00
CANOLA  -SASK  MAY11     597.90     578.60     588.90      -2.00
        -SASK  JUL11     606.60     587.90     597.80      -1.90
        -SASK  NOV11     585.90     573.20     583.50      +6.10

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 08/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY11   8.01       7.64       7.97 1/2  +0.38
        -CBT   JUL11   8.35       8.00       8.32 1/4  +0.36 1/4
WHEAT   -MINN  MAY11   9.73 1/2   9.29       9.53 1/4  +0.30 3/4
        -MINN  JUL11   9.81 1/4   9.38 1/2   9.61 1/4  +0.30 3/4
WHEAT   -KANS  MAY11   9.53       9.16       9.32 3/4  +0.26 1/4
        -KANS  JUL11   9.64       9.26       9.43      +0.25 3/4
CORN    -CBT   MAY11   7.72       7.46       7.68      +0.32
        -CBT   JUL11   7.79 1/2   7.53       7.74      +0.31
OATS    -CBT   MAY11   3.94       3.73 1/2   3.93 1/2  +0.18 1/2
        -CBT   JUL11   4.03 1/4   3.82       4.02      +0.18
SOYBEAN -CBT   MAY11  14.00      13.60 1/2  13.92 1/4  -0.01 1/2
        -CBT   JUL11  14.11 1/2  13.73      14.03 3/4  -0.00 1/2
        -CBT   AUG11  14.04      13.75 1/2  14.04      -0.00 1/2
SOYOIL  -CBT   MAY11      59.90      58.18      59.77      +1.09
(¢/lb)  -CBT   JUL11      60.55      58.76      60.39      +1.11
SOYMEAL -CBT   MAY11     364.00     350.70     357.20      -3.70
($/ton) -CBT   JUL11     369.00     356.00     362.60      -3.60

FEEDMILL BIDS on Apr 04/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           203.00-205.00    193.00-204.00
      -REDDEER             N/A              N/A
      -EDMTN          180.05-210.00    180.05-205.00
OATS  -EDMTN          129.68-185.00    136.17-185.00
PEAS - EDMTN          194.74-235.16    210.00-235.16
BARLEY-LETH           195.00-199.00    196.00-199.00
      -MH/BRKS        185.00-195.00    175.00-197.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           156.16-160.76    151.57-160.76
      -EDMTN          169.94-195.00    160.76-195.00
      -GRANDEP        167.64-172.24    167.64-172.24
CANOLA CRUSHER on Apr 06/2011
      -Meal (FOB)        252.23           262.90
      -Seed (DEL)        567.33           556.18

ELEVATOR BIDS on Apr 08/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     184.74           183.10
FEED OATS  -Red Deer     173.36           154.80
FEED BARLEY-Red Deer     169.23           162.37
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       449.98           449.98
CANOLA     -Red Deer     564.74           568.84

SPECIAL CROP CASH BIDS on Apr 07/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           273.19      7.44      7.04
     FEED                         179.68      4.89      3.25
     LARGE YELLOW #2 OR BETTER    263.82      7.18      4.44
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 801.48      0.36      0.31
         #1 ESTON                 661.82      0.30      0.26
 MUSTARD #1 YELLOW                672.41      0.30      0.21
         #1 BROWN                 609.02      0.28      0.16
         #1 ORIENTAL              573.20      0.26      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Apr 07/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    443.80   416.25   401.95   287.43    +39.8%
      -CWB #1CWRS VANC*       N/A      N/A    403.74   280.41    +44.0%
      -#1DNS GREAT FALLS    363.81   351.82   337.52   192.41    +75.4%
      -#1DNS PORTLAND       395.33   396.17   385.59   230.15    +67.5%
CORN  -#2 CHICAGO           279.05   257.18   214.75   139.90    +53.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     203.39   200.40   168.29   110.33    +52.5%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          478.62   500.82   462.98   384.67    +20.4%
EXCH RATE Apr 07/2011: US$ in CANADA$  .9585  CANADA$ IN US$ 1.0433
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Apr 03/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #35   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    239.3   7,646.5   9,093.4    -15.9%    -18.4%
 DURUM              27.4   2,261.8   2,109.7     +7.2%     +5.7%
 BARLEY             52.0   1,053.6     924.5    +14.0%    +12.2%
 OATS               16.7     735.8     637.3    +15.5%    -13.4%
 PEAS               35.6   1,782.8   1,065.8    +67.3%    +10.2%
 FLAXSEED            4.1     213.6     400.9    -46.7%    -48.2%
 CANOLA            113.8   4,825.1   4,985.3     -3.2%    -15.8%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Apr 06/2011
 CANOLA CRUSH      108.7   4,045.7   2,949.5    +37.2%    +29.5%

U.S. EXPORTS ('000 TONNES) as of Mar 31/2011
 WHEAT             802.1  27,141.5  19,405.4    +39.9%    +44.7%
 BARLEY             N/A      113.6      76.4    +48.6%    +33.3%
 CORN              993.8  25,501.6  25,961.8     -1.8%     -1.9%
 SOYBEANS          627.9  35,365.2  34,336.4     +3.0%     +5.9%

NOPA SOYBEAN Month Ending: Feb 28/2011
 SOYBEAN CRUSH   4,037.4  23,518.7  24,440.0     -3.8%     -5.5%
* From Canadian Grain Commission Calendar