Weekly Crop Market Review - June 24, 2011

The next weekly will be published on Monday, July 4, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jun 24/2011
              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     582.60     557.20     579.80      -1.30
        -SASK  NOV11     584.60     555.70     565.90     -17.20
        -SASK  JAN12     590.80     564.00     573.00     -16.00

U.S. FUTURES (U.S. $/BUSHEL) as of Jun 24/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL11   6.75       6.07       6.35 3/4  -0.36 1/2
        -CBT   SEP11   7.10       6.55       6.61      -0.47
WHEAT   -MINN  JUL11   9.16       8.25       8.26      -0.71 1/4
        -MINN  SEP11   8.95       8.16 1/2   8.18 1/2  -0.63 1/4
WHEAT   -KANS  JUL11   8.13       7.40 3/4   7.48 1/2  -0.56
        -KANS  SEP11   8.31 3/4   7.59       7.67 1/4  -0.55
CORN    -CBT   JUL11   7.18 1/2   6.40       6.70      -0.30 1/4
        -CBT   SEP11   7.07 1/2   6.39       6.57      -0.30
OATS    -CBT   JUL11   3.57       3.35 3/4   3.35 1/2  -0.16
        -CBT   SEP11   3.61 1/2   3.40       3.40      -0.19
SOYBEAN -CBT   JUL11  13.51      12.95      13.20 1/4  -0.12 3/4
        -CBT   AUG11  13.53      13.00      13.15      -0.18 1/2
        -CBT   SEP11  13.48      13.10 1/2  13.10 3/4  -0.22
SOYOIL  -CBT   JUL11      56.65      54.30      55.22      -0.70
(¢/lb)  -CBT   AUG11      56.90      54.83      55.36      -0.83
SOYMEAL -CBT   JUL11     354.50     339.50     339.90      -9.10
($/ton) -CBT   AUG11     354.50     340.80     341.10      -7.40

FEEDMILL BIDS on Jun 20/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           214.00-215.00    202.00-215.00
      -REDDEER             N/A              N/A
      -EDMTN          183.72-218.00    183.72-220.00
OATS  -EDMTN          129.68-185.00    129.68-185.00
PEAS - EDMTN          194.74-224.14    194.74-224.14
BARLEY-LETH           208.00-210.00    200.00-212.00
      -MH/BRKS        195.00-210.00    195.00-210.00
      -CALGARY             N/A         198.00-210.00
      -REDDEER             N/A              N/A
      -VERM           163.05-174.53    163.05-174.53
      -EDMTN          167.64-206.00    165.35-210.00
      -GRANDEP             N/A         172.24-172.24
CANOLA CRUSHER on Jun 22/2011
      -Meal (FOB)        244.93           261.80
      -Seed (DEL)        573.47           585.50

ELEVATOR BIDS on Jun 24/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     195.79           192.90
FEED OATS  -Red Deer     163.56           193.06
FEED BARLEY-Red Deer     177.80           177.80
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       533.83           545.64
CANOLA     -Red Deer     574.12           573.33

SPECIAL CROP CASH BIDS on Jun 23/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           275.58      7.50      4.97
     FEED                         164.61      4.48      2.66
     LARGE YELLOW #2 OR BETTER    310.12      8.44      4.78
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 778.78      0.35      0.32
         #1 ESTON                 602.19      0.27      0.25
 MUSTARD #1 YELLOW                771.62      0.35      0.21
         #1 BROWN                 661.39      0.30      0.16
         #1 ORIENTAL              617.29      0.28      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 23/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    445.30   482.10   415.89   287.43    +44.7%
      -CWB #1CWRS VANC*     416.35   443.36   413.88   280.41    +47.6%
      -#1DNS GREAT FALLS    302.40   350.07   345.31   192.41    +79.5%
      -#1DNS PORTLAND       349.29   384.75   390.97   230.15    +69.9%
CORN  -#2 CHICAGO           262.39   270.75   228.89   139.90    +63.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     215.61   224.89   179.50   110.33    +62.7%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          482.34   496.38   468.69   384.67    +21.8%
EXCH RATE Jun 23/2011: US$ in CANADA$  .9780  CANADA$ IN US$ 1.0225
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jun 19/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #46   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    325.1  10,936.9  12,591.6    -13.1%    -18.4%
 DURUM              52.0   2,861.5   3,123.3     -8.4%     +5.7%
 BARLEY               .2   1,234.0   1,178.0     +4.8%    +12.2%
 OATS                9.7     910.0     774.5    +17.5%     -0.1%
 PEAS                 .2   2,283.5   1,417.2    +61.1%    +33.2%
 FLAXSEED           N/A      284.0     532.7    -46.7%    -48.2%
 CANOLA             84.8   6,240.7   6,278.6     -0.6%     -6.0%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jun 22/2011
 CANOLA CRUSH      122.5   5,265.3   4,046.3    +30.1%    +25.3%

U.S. EXPORTS ('000 TONNES) as of Jun 16/2011
 WHEAT             569.3   1,466.5     989.0    +48.3%    -18.9%
 BARLEY               .8       3.5       2.6    +32.5%    +25.0%
 CORN            1,091.7  36,016.3  36,891.1     -2.4%     -4.4%
 SOYBEANS          113.8  38,353.2  37,076.9     +3.4%     +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