Weekly Crop Market Review - May 13, 2011

The next weekly will be published on Friday, May 20, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of May 13/2011
              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     580.00     552.50     554.80      -6.00
        -SASK  NOV11     573.60     551.70     555.70      -1.00
        -SASK  JAN12     579.60     560.50     563.20      -1.40

U.S. FUTURES (U.S. $/BUSHEL) as of May 13/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL11   8.14       7.26 3/4   7.27 3/4  -0.31 3/4
        -CBT   SEP11   8.55       7.76       7.77      -0.26
WHEAT   -MINN  JUL11   9.77 3/4   8.94       9.00 1/4  -0.03 1/2
        -MINN  SEP11   9.77 1/2   8.98 1/2   9.03 1/2  -0.04 3/4
WHEAT   -KANS  JUL11   9.45       8.67       8.69 1/2  -0.04 1/2
        -KANS  SEP11   9.62       8.85       8.87      -0.05 3/4
CORN    -CBT   JUL11   7.23       6.66       6.82      -0.04 1/4
        -CBT   SEP11   6.95       6.44 1/2   6.53 3/4  -0.14 1/2
OATS    -CBT   JUL11   3.55       3.36       3.44 1/2  +0.05 1/2
        -CBT   SEP11   3.59       3.49       3.52      +0.05 1/2
SOYBEAN -CBT   JUL11  13.55      13.18      13.29 1/2  +0.03 1/2
        -CBT   AUG11  13.47      13.24      13.26 1/2  +0.01
        -CBT   SEP11  13.41      13.18      13.18      +0.01 1/2
SOYOIL  -CBT   JUL11      57.20      55.60      56.14      +0.45
(¢/lb)  -CBT   AUG11      57.40      55.95      56.33      +0.39
SOYMEAL -CBT   JUL11     357.00     342.00     345.40      -4.10
($/ton) -CBT   AUG11     357.00     344.50     350.70      +0.10

FEEDMILL BIDS on May 09/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           205.00-212.00    210.00-213.00
      -REDDEER             N/A              N/A
      -EDMTN          183.72-215.00    183.72-200.00
OATS  -EDMTN          136.17-185.00         N/A
PEAS - EDMTN          194.74-220.46    194.74-220.46
BARLEY-LETH           207.00-209.00    206.00-210.00
      -MH/BRKS        183.00-205.00    185.00-198.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           160.76-174.53    160.76-183.72
      -EDMTN          165.35-205.00    165.35-178.00
      -GRANDEP        172.24-181.42    172.24-183.72
CANOLA CRUSHER on May 11/2011
      -Meal (FOB)        247.33           253.31
      -Seed (DEL)        542.90           538.07

ELEVATOR BIDS on May 13/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     182.15           187.68
FEED OATS  -Red Deer     150.22           146.48
FEED BARLEY-Red Deer     171.27           171.24
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       498.40           474.78
CANOLA     -Red Deer     534.89           535.98

SPECIAL CROP CASH BIDS on May 12/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           272.64      7.42      5.29
     FEED                         154.69      4.21      2.73
     LARGE YELLOW #2 OR BETTER    266.02      7.24      4.51
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 780.76      0.35      0.28
         #1 ESTON                 600.20      0.27      0.24
 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 $/TONNE) as of May 12/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    440.55   438.30   406.53   287.43    +41.4%
      -CWB #1CWRS VANC*       N/A      N/A    403.74   280.41    +44.0%
      -#1DNS GREAT FALLS    335.91   352.73   338.93   192.41    +76.1%
      -#1DNS PORTLAND       374.80   390.44   385.02   230.15    +67.3%
CORN  -#2 CHICAGO           252.12   263.86   220.95   139.90    +57.9%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     209.50   216.12   173.68   110.33    +57.4%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          478.49   472.71   464.30   384.67    +20.7%
EXCH RATE May 12/2011: US$ in CANADA$  .9623  CANADA$ IN US$ 1.0392
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of May 08/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #40   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    225.7   8,913.3  10,583.2    -15.8%    -18.4%
 DURUM              46.5   2,576.0   2,688.8     -4.2%     +5.7%
 BARLEY             57.5   1,176.0   1,083.8     +8.5%    +12.2%
 OATS               15.5     834.0     712.7    +17.0%     -0.1%
 PEAS               21.2   2,067.1   1,217.8    +69.7%    +33.2%
 FLAXSEED            2.8     262.1     452.6    -42.1%    -48.2%
 CANOLA             77.8   5,439.2   5,490.6     -0.9%     -6.0%

CANADIAN CANOLA CRUSH ('000 TONNES) as of May 11/2011
 CANOLA CRUSH      116.1   4,633.3   3,453.1    +34.2%    +25.3%

U.S. EXPORTS ('000 TONNES) as of May 05/2011
 WHEAT             942.3  31,686.8  21,838.5    +45.1%    +44.7%
 BARLEY               .4     117.2      88.9    +31.9%    +33.3%
 CORN              705.6  30,175.1  30,739.9     -1.8%     -4.4%
 SOYBEANS          163.8  37,128.6  35,913.8     +3.4%     +3.3%

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