Weekly Crop Market Review - June 17, 2011

The next weekly will be published on Friday, June 24, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jun 17/2011
              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     590.80     578.50     581.10      -9.10
        -SASK  NOV11     593.50     581.30     583.10     -10.10
        -SASK  JAN12     598.80     588.70     589.00     -11.60

U.S. FUTURES (U.S. $/BUSHEL) as of Jun 17/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL11   7.64 1/2   6.70       6.72 1/4  -0.87
        -CBT   SEP11   7.88       7.04       7.08      -0.77 3/4
WHEAT   -MINN  JUL11  10.18 1/4   8.90       8.97 1/4  -1.02 3/4
        -MINN  SEP11   9.55       8.71       8.81 3/4  -0.67
WHEAT   -KANS  JUL11   8.64       7.97       8.04 1/2  -0.63 1/2
        -KANS  SEP11   8.84       8.15       8.22 1/4  -0.63 3/4
CORN    -CBT   JUL11   7.88       6.92       7.00 1/4  -0.86 3/4
        -CBT   SEP11   7.54 1/2   6.77 3/4   6.87      -0.69
OATS    -CBT   JUL11   4.02 1/2   3.51 1/2   3.51 1/2  -0.44
        -CBT   SEP11   4.01       3.59       3.59      -0.39
SOYBEAN -CBT   JUL11  13.90      13.31      13.33      -0.54 1/4
        -CBT   AUG11  13.83 1/2  13.31      13.33 1/2  -0.48 3/4
        -CBT   SEP11  13.78      13.31      13.32 3/4  -0.46 3/4
SOYOIL  -CBT   JUL11      57.40      55.65      55.92      -0.93
(¢/lb)  -CBT   AUG11      57.60      55.92      56.19      -0.94
SOYMEAL -CBT   JUL11     372.90     348.50     349.00     -24.30
($/ton) -CBT   AUG11     368.80     348.00     348.50     -19.80

FEEDMILL BIDS on Jun 13/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           202.00-215.00    215.00-215.00
      -REDDEER             N/A              N/A
      -EDMTN          183.72-220.00    183.72-218.00
OATS  -EDMTN          129.68-185.00    136.17-185.00
PEAS - EDMTN          194.74-224.14    194.74-227.81
BARLEY-LETH           200.00-212.00    210.00-212.00
      -MH/BRKS        195.00-210.00    191.00-210.00
      -CALGARY        198.00-210.00         N/A
      -REDDEER             N/A              N/A
      -VERM           163.05-174.53    163.05-169.94
      -EDMTN          165.35-210.00    165.35-185.00
      -GRANDEP        172.24-172.24    172.24-172.24
CANOLA CRUSHER on Jun 15/2011
      -Meal (FOB)        261.80           271.43
      -Seed (DEL)        585.50           585.73

ELEVATOR BIDS on Jun 17/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     192.90           191.03
FEED OATS  -Red Deer     193.06           175.74
FEED BARLEY-Red Deer     177.80           174.81
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       545.64           542.88
CANOLA     -Red Deer     573.33           583.66

SPECIAL CROP CASH BIDS on Jun 16/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           275.58      7.50      4.87
     FEED                         164.61      4.48      2.74
     LARGE YELLOW #2 OR BETTER    310.12      8.44      4.44
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 778.77      0.35      0.29
         #1 ESTON                 602.19      0.27      0.24
 MUSTARD #1 YELLOW                771.62      0.35      0.21
         #1 BROWN                 661.39      0.30      0.17
         #1 ORIENTAL              617.29      0.28      0.18

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 16/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    482.10   507.25   415.25   287.43    +44.5%
      -CWB #1CWRS VANC*     443.36     N/A    413.74   280.41    +47.5%
      -#1DNS GREAT FALLS    350.07   373.65   347.18   192.41    +80.4%
      -#1DNS PORTLAND       384.75   413.16   393.16   230.15    +70.8%
CORN  -#2 CHICAGO           270.75   301.11   228.16   139.90    +63.1%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     224.89   222.58   178.71   110.33    +62.0%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          496.38   505.85   468.39   384.67    +21.8%
EXCH RATE Jun 16/2011: US$ in CANADA$  .9832  CANADA$ IN US$ 1.0171
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jun 12/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #45   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    296.3  10,595.2  12,227.8    -13.4%    -18.4%
 DURUM              48.3   2,809.5   3,022.6     -7.1%     +5.7%
 BARLEY             20.1   1,221.6   1,117.6     +9.3%    +12.2%
 OATS                7.0     872.7     763.3    +14.3%     -0.1%
 PEAS               83.0   2,283.3   1,399.9    +63.1%    +33.2%
 FLAXSEED            2.1     284.0     520.6    -45.4%    -48.2%
 CANOLA            132.8   6,155.9   6,093.4     +1.0%     -6.0%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jun 15/2011
 CANOLA CRUSH       N/A      N/A        33.8   -100.0%    +25.3%

U.S. EXPORTS ('000 TONNES) as of Jun 09/2011
 WHEAT             651.3     874.0     616.0    +41.9%    -18.9%
 BARLEY              1.6       1.7       2.4    -28.6%    +25.0%
 CORN              815.0  34,827.7  36,140.7     -3.6%     -4.4%
 SOYBEANS          184.5  38,206.8  36,824.6     +3.8%     +2.6%

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