Weekly Crop Market Review - April 29, 2011

The next weekly will be published on Friday, May 6, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 29/2011
              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     583.10     550.10     561.00     -17.50
        -SASK  JUL11     592.20     550.20     567.40     -20.80
        -SASK  NOV11     591.90     547.50     563.60     -24.70

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 29/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY11   8.27       7.40       7.69 1/4  -0.30 1/4
        -CBT   JUL11   8.62       7.75       8.01 1/4  -0.33 1/2
WHEAT   -MINN  MAY11   9.90 1/4   9.11       9.45 1/4  -0.06 1/4
        -MINN  JUL11   9.98 3/4   9.15       9.48      -0.12 3/4
WHEAT   -KANS  MAY11   9.65 1/2   8.70       8.93      -0.39 1/2
        -KANS  JUL11   9.76       8.79       9.02      -0.41
CORN    -CBT   MAY11   7.70       7.17 1/2   7.54      +0.16 3/4
        -CBT   JUL11   7.77 1/4   7.29 1/4   7.56 1/2  +0.12
OATS    -CBT   MAY11   3.98       3.39       3.42 1/2  -0.47 1/4
        -CBT   JUL11   4.05       3.50       3.52 1/2  -0.44 1/2
SOYBEAN -CBT   MAY11  13.92 3/4  13.37      13.92 3/4  +0.12 1/4
        -CBT   JUL11  13.98      13.39      13.94      +0.04 1/4
        -CBT   AUG11  13.95      13.51 3/4  13.91 1/4  +0.01 3/4
SOYOIL  -CBT   MAY11      58.50      56.25      58.13      -0.14
(¢/lb)  -CBT   JUL11      59.13      56.55      58.58      -0.33
SOYMEAL -CBT   MAY11     362.50     346.30     358.10      -0.70
($/ton) -CBT   JUL11     366.50     351.00     363.60      -0.30

FEEDMILL BIDS on Apr 25/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           208.00-214.00    208.00-209.00
      -REDDEER             N/A              N/A
      -EDMTN          183.72-210.00    183.72-210.00
OATS  -EDMTN          136.17-185.00    136.17-185.00
PEAS - EDMTN          194.74-220.46    194.74-235.16
BARLEY-LETH           202.00-212.00    202.00-206.00
      -MH/BRKS        185.00-199.00    185.00-199.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           160.76-183.72    160.76-172.24
      -EDMTN          172.24-198.00    165.35-198.00
      -GRANDEP             N/A         172.24-172.24
CANOLA CRUSHER on Apr 27/2011
      -Meal (FOB)        260.33           250.53
      -Seed (DEL)        551.13           549.48

ELEVATOR BIDS on Apr 29/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     184.81           184.81
FEED OATS  -Red Deer     178.03           180.21
FEED BARLEY-Red Deer     168.74           166.24
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       474.78           463.36
CANOLA     -Red Deer     545.86           560.51

SPECIAL CROP CASH BIDS on Apr 28/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           272.64      7.42      5.34
     FEED                         151.75      4.13      2.73
     LARGE YELLOW #2 OR BETTER    261.80      7.13      4.53
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 780.76      0.35      0.30
         #1 ESTON                 628.76      0.29      0.25
 MUSTARD #1 YELLOW                733.04      0.33      0.21
         #1 BROWN                 622.80      0.28      0.16
         #1 ORIENTAL              592.49      0.27      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Apr 28/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    450.00   440.55   404.85   287.43    +40.9%
      -CWB #1CWRS VANC*       N/A      N/A    403.74   280.41    +44.0%
      -#1DNS GREAT FALLS    344.37     N/A    338.25   192.41    +75.8%
      -#1DNS PORTLAND       390.49     N/A    385.42   230.15    +67.5%
CORN  -#2 CHICAGO           264.88   269.30   219.05   139.90    +56.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     214.90   210.26   171.67   110.33    +55.6%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          475.32   474.74   463.72   384.67    +20.6%
EXCH RATE Apr 28/2011: US$ in CANADA$  .9510  CANADA$ IN US$ 1.0515
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Apr 24/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #38   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    318.3   8,450.0   9,852.3    -14.2%    -18.4%
 DURUM              77.5   2,474.9   2,334.0     +6.0%     +5.7%
 BARLEY             60.4   1,116.3   1,034.7     +7.9%    +12.2%
 OATS                7.1     802.0     663.9    +20.8%     -0.1%
 PEAS               77.7   1,963.0   1,116.8    +75.8%    +24.0%
 FLAXSEED           29.0     243.2     422.3    -42.4%    -48.2%
 CANOLA            108.2   5,203.3   5,176.2     +0.5%     -6.0%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Apr 27/2011
 CANOLA CRUSH       N/A    4,285.4   3,258.6    +31.5%    +25.3%

U.S. EXPORTS ('000 TONNES) as of Apr 21/2011
 WHEAT             762.5  29,697.3  20,682.5    +43.6%    +44.7%
 BARLEY               .5     115.9      84.7    +36.8%    +33.3%
 CORN              844.2  28,392.4  28,893.1     -1.7%     -1.9%
 SOYBEANS          226.9  36,651.6  35,492.4     +3.3%     +5.3%

NOPA SOYBEAN Month Ending: Mar 31/2011
 SOYBEAN CRUSH   3,657.5  26,537.5  28,512.2     -6.9%     -5.8%
* From Canadian Grain Commission Calendar