Weekly Crop Market Review - May 6, 2011

The next weekly will be published on Friday, May 13, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of May 06/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  JUL11        N/A        N/A     205.00      +0.00
        -LETH  OCT11        N/A        N/A     205.00      +0.00
        -LETH  DEC11        N/A        N/A     205.00      +0.00
CANOLA  -SASK  JUL11     574.30     545.20     560.80      -6.60
        -SASK  NOV11     570.00     540.00     556.70      -6.90
        -SASK  JAN12     575.50     549.60     564.60      -6.40

U.S. FUTURES (U.S. $/BUSHEL) as of May 06/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL11   8.21 1/2   7.49       7.59 1/2  -0.41 3/4
        -CBT   SEP11   8.35       7.96       8.03      -0.43 1/2
WHEAT   -MINN  JUL11   9.71 3/4   8.83 3/4   9.03 3/4  -0.44 1/4
        -MINN  SEP11   9.71 1/4   8.88 1/2   9.08 1/4  -0.38 3/4
WHEAT   -KANS  JUL11   9.25       8.52 1/2   8.74      -0.28
        -KANS  SEP11   9.44       8.71 1/2   8.92 3/4  -0.27 3/4
CORN    -CBT   JUL11   7.60 1/2   6.81       6.86 1/4  -0.70 1/4
        -CBT   SEP11   7.20 1/2   6.63       6.68 1/4  -0.47 3/4
OATS    -CBT   JUL11   3.53 3/4   3.29       3.39      -0.13 1/2
        -CBT   SEP11   3.54       3.42       3.46 1/2  -0.13 1/2
SOYBEAN -CBT   JUL11  14.02      13.07 1/2  13.26      -0.68
        -CBT   AUG11  13.90 1/2  13.13      13.25 1/2  -0.65 3/4
        -CBT   SEP11  13.81      13.16 1/2  13.16 1/2  -0.65
SOYOIL  -CBT   JUL11      58.97      54.97      55.69      -2.89
(¢/lb)  -CBT   AUG11      58.85      55.35      55.94      -2.89
SOYMEAL -CBT   JUL11     364.00     344.00     349.50     -14.10
($/ton) -CBT   AUG11     364.50     345.00     350.60     -13.50

FEEDMILL BIDS on May 02/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           210.00-213.00    208.00-214.00
      -REDDEER             N/A              N/A
      -EDMTN          183.72-200.00    183.72-210.00
OATS  -EDMTN               N/A         136.17-185.00
PEAS - EDMTN          194.74-220.46    194.74-220.46
BARLEY-LETH           206.00-210.00    202.00-212.00
      -MH/BRKS        185.00-198.00    185.00-199.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           160.76-183.72    160.76-183.72
      -EDMTN          165.35-178.00    172.24-198.00
      -GRANDEP        172.24-183.72         N/A
CANOLA CRUSHER on May 04/2011
      -Meal (FOB)        253.31           260.33
      -Seed (DEL)        538.07           551.13

ELEVATOR BIDS on May 06/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     187.68           184.81
FEED OATS  -Red Deer     146.48           178.03
FEED BARLEY-Red Deer     171.24           168.74
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       474.78           474.78
CANOLA     -Red Deer     535.98           545.86

SPECIAL CROP CASH BIDS on May 05/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           272.64      7.42      5.57
     FEED                         151.75      4.13      2.73
     LARGE YELLOW #2 OR BETTER    259.04      7.05      4.49
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 780.76      0.35      0.29
         #1 ESTON                 602.63      0.27      0.25
 MUSTARD #1 YELLOW                733.04      0.33      0.21
         #1 BROWN                 629.75      0.29      0.16
         #1 ORIENTAL              592.49      0.27      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 05/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    438.30   450.00   405.68   287.43    +41.1%
      -CWB #1CWRS VANC*       N/A      N/A    403.74   280.41    +44.0%
      -#1DNS GREAT FALLS    352.73   344.37   339.11   192.41    +76.2%
      -#1DNS PORTLAND       390.44   390.49   385.80   230.15    +67.6%
CORN  -#2 CHICAGO           263.86   264.88   220.17   139.90    +57.4%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     216.12   214.90   172.78   110.33    +56.6%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          472.71   475.32   463.95   384.67    +20.6%
EXCH RATE May 05/2011: US$ in CANADA$  .9682  CANADA$ IN US$ 1.0328
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of May 01/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #39   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    224.8   8,687.6  10,193.6    -14.8%    -18.4%
 DURUM              49.5   2,529.5   2,528.4     +0.0%     +5.7%
 BARLEY              2.2   1,118.5   1,060.7     +5.4%    +12.2%
 OATS               16.6     818.5     698.7    +17.1%     -0.1%
 PEAS               82.9   2,045.9   1,152.6    +77.5%    +24.0%
 FLAXSEED           16.1     259.3     433.3    -40.2%    -48.2%
 CANOLA            158.1   5,361.4   5,362.0     -0.0%     -6.0%

CANADIAN CANOLA CRUSH ('000 TONNES) as of May 04/2011
 CANOLA CRUSH      108.8   4,517.2   3,343.8    +35.1%    +25.3%

U.S. EXPORTS ('000 TONNES) as of Apr 28/2011
 WHEAT             990.5  30,734.5  21,204.5    +44.9%    +44.7%
 BARLEY               .6     116.8      88.2    +32.4%    +33.3%
 CORN              879.8  29,370.2  29,746.5     -1.3%     -1.9%
 SOYBEANS          150.4  36,880.2  35,725.8     +3.2%     +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