Weekly Crop Market Review - June 10, 2011

The next weekly will be published on Friday, June 17, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jun 10/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  JUL11     205.00     205.00     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     599.70     585.70     590.20      -6.90
        -SASK  NOV11     603.30     589.20     593.20      -6.60
        -SASK  JAN12     609.70     598.20     600.60      -7.00

U.S. FUTURES (U.S. $/BUSHEL) as of Jun 10/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL11   7.70 1/2   7.32 1/4   7.59 1/4  -0.14 1/2
        -CBT   SEP11   8.06       7.69       7.85 3/4  -0.33 3/4
WHEAT   -MINN  JUL11  11.20       9.72      10.00      -0.60 1/2
        -MINN  SEP11  10.01       9.38       9.48 3/4  -0.44 3/4
WHEAT   -KANS  JUL11   9.07 1/2   8.55       8.68      -0.46 1/4
        -KANS  SEP11   9.26       8.74 1/2   8.86      -0.47 1/2
CORN    -CBT   JUL11   7.99       7.29 1/2   7.87      +0.33
        -CBT   SEP11   7.64       7.11       7.56      +0.25
OATS    -CBT   JUL11   3.95 1/2   3.72       3.95 1/2  +0.17 1/2
        -CBT   SEP11   3.98       3.77       3.98      +0.11
SOYBEAN -CBT   JUL11  14.16      13.77 1/2  13.87 1/4  -0.27 1/4
        -CBT   AUG11  14.01      13.71 1/2  13.82 1/4  -0.25 1/4
        -CBT   SEP11  13.93      13.73 3/4  13.79 1/2  -0.22
SOYOIL  -CBT   JUL11      58.68      56.53      56.85      -1.88
(¢/lb)  -CBT   AUG11      58.90      56.87      57.13      -1.88
SOYMEAL -CBT   JUL11     378.50     359.00     373.30      +4.90
($/ton) -CBT   AUG11     371.00     359.00     368.30      +0.40

FEEDMILL BIDS on Jun 06/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           215.00-215.00    212.00-212.00
      -REDDEER             N/A              N/A
      -EDMTN          183.72-218.00    183.72-218.00
OATS  -EDMTN          136.17-185.00    136.17-188.00
PEAS - EDMTN          194.74-227.81    194.74-220.46
BARLEY-LETH           210.00-212.00    208.00-212.00
      -MH/BRKS        191.00-210.00    190.00-210.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           163.05-169.94    165.35-169.94
      -EDMTN          165.35-185.00    165.35-208.00
      -GRANDEP        172.24-172.24    172.24-172.24
CANOLA CRUSHER on Jun 08/2011
      -Meal (FOB)        271.43           265.23
      -Seed (DEL)        585.73           583.15

ELEVATOR BIDS on Jun 10/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     191.03           187.12
FEED OATS  -Red Deer     175.74           180.65
FEED BARLEY-Red Deer     174.81           175.27
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       542.88           529.11
CANOLA     -Red Deer     583.66           575.39

SPECIAL CROP CASH BIDS on Jun 09/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           272.64      7.42      4.85
     FEED                         164.25      4.47      2.74
     LARGE YELLOW #2 OR BETTER    287.89      7.84      4.44
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 778.78      0.35      0.29
         #1 ESTON                 602.19      0.27      0.25
 MUSTARD #1 YELLOW                642.09      0.29      0.21
         #1 BROWN                 663.92      0.30      0.16
         #1 ORIENTAL              514.56      0.23      0.18

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 09/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    507.25   481.95   413.76   287.43    +44.0%
      -CWB #1CWRS VANC*       N/A    476.42   411.89   280.41    +46.9%
      -#1DNS GREAT FALLS    373.65   388.23   347.04   192.41    +80.4%
      -#1DNS PORTLAND       413.16   419.06   393.63   230.15    +71.0%
CORN  -#2 CHICAGO           301.11   294.59   227.22   139.90    +62.4%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     222.58   220.46   177.68   110.33    +61.1%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          505.85   509.39   467.77   384.67    +21.6%
EXCH RATE Jun 09/2011: US$ in CANADA$  .9731  CANADA$ IN US$ 1.0276
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jun 05/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #44   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    338.4  10,298.9  11,915.6    -13.6%    -18.4%
 DURUM              48.1   2,761.2   2,976.1     -7.2%     +5.7%
 BARLEY               .2   1,201.5   1,113.4     +7.9%    +12.2%
 OATS                4.3     865.7     753.7    +14.9%     -0.1%
 PEAS                 .2   2,200.3   1,347.6    +63.3%    +33.2%
 FLAXSEED            2.8     281.9     516.5    -45.4%    -48.2%
 CANOLA            111.9   6,023.1   6,010.7     +0.2%     -6.0%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jun 08/2011
 CANOLA CRUSH       86.5   5,034.2   3,841.5    +31.0%    +25.3%

U.S. EXPORTS ('000 TONNES) as of Jun 02/2011
 WHEAT             608.6     222.2     233.3     -4.7%    +44.7%
 BARLEY             N/A      N/A         1.9   -100.0%    +33.3%
 CORN              867.2  33,921.2  35,081.0     -3.3%     -4.4%
 SOYBEANS           92.6  37,988.7  36,608.0     +3.8%     +3.3%

NOPA SOYBEAN Month Ending: Apr 30/2011
 SOYBEAN CRUSH   3,302.0  29,839.6  32,097.0     -7.0%     -5.8%
* From Canadian Grain Commission Calendar