Weekly Crop Market Review - July 8, 2011

The next weekly will be published on Friday, July 15, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jul 08/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  OCT11        N/A        N/A     205.00      +0.00
        -LETH  DEC11        N/A        N/A     205.00      +0.00
        -LETH  MAR12        N/A        N/A     205.00      +0.00
CANOLA  -SASK  NOV11     565.90     545.00     563.40     +10.80
        -SASK  JAN12     574.00     559.60     571.10     +11.50
        -SASK  MAR12     580.30     564.60     577.70     +14.00

U.S. FUTURES (U.S. $/BUSHEL) as of Jul 08/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP11   8.30       6.18 1/4   8.17      +2.04 3/4
        -CBT   DEC11   8.27 1/4   6.62       8.16 3/4  +1.56 3/4
WHEAT   -MINN  SEP11   8.37 1/2   8.08       8.17      +0.12 1/2
        -MINN  DEC11   8.35 3/4   8.08 1/4   8.16 3/4  +0.12 1/4
WHEAT   -KANS  SEP11   7.45 1/4   7.07 1/2   7.27 1/4  +0.06 1/2
        -KANS  DEC11   7.71 1/2   7.33 3/4   7.54      +0.06 1/2
CORN    -CBT   SEP11   6.46 1/2   6.14 1/4   6.42 1/4  +0.29 1/4
        -CBT   DEC11   6.38       6.00 1/4   6.37      +0.40 1/4
OATS    -CBT   SEP11   3.54 3/4   3.40       3.49 1/2  +0.02 1/2
        -CBT   DEC11   3.61       3.46       3.56 3/4  +0.03 3/4
SOYBEAN -CBT   AUG11  13.50 1/2  13.10 1/2  13.46 3/4  +0.34
        -CBT   SEP11  13.48      13.03 3/4  13.45      +0.35 1/2
        -CBT   NOV11  13.49 1/2  13.05      13.46 1/2  +0.34
SOYOIL  -CBT   AUG11      56.75      55.06      56.32      +1.00
(¢/lb)  -CBT   SEP11      56.99      55.28      56.55      +1.00
SOYMEAL -CBT   AUG11     349.40     340.00     348.00      +5.10
($/ton) -CBT   SEP11     348.80     339.50     348.30      +5.80

FEEDMILL BIDS on Jul 04/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           210.00-212.00    200.00-215.00
      -REDDEER             N/A              N/A
      -EDMTN          191.07-215.00    183.72-220.00
OATS  -EDMTN          136.17-185.00    136.17-185.00
PEAS - EDMTN          194.74-220.46    194.74-224.14
BARLEY-LETH           208.00-208.00    200.00-210.00
      -MH/BRKS        190.00-205.00    190.00-205.00
      -CALGARY             N/A         198.00-205.00
      -REDDEER             N/A              N/A
      -VERM           160.76-174.53    174.53-174.53
      -EDMTN          165.35-205.00    167.64-205.00
      -GRANDEP        172.24-183.72    172.24-172.24
CANOLA CRUSHER on Jul 06/2011
      -Meal (FOB)        240.45           238.43
      -Seed (DEL)        561.17           563.92

ELEVATOR BIDS on Jul 08/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     184.33           194.06
FEED OATS  -Red Deer     163.68           150.42
FEED BARLEY-Red Deer     173.24           174.77
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       547.61           562.96
CANOLA     -Red Deer     557.95           553.40

SPECIAL CROP CASH BIDS on Jul 07/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           295.79      8.05      5.03
     FEED                         167.92      4.57      2.66
     LARGE YELLOW #2 OR BETTER    323.90      8.81      5.29
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 779.00      0.35      0.32
         #1 ESTON                 659.51      0.30      0.25
 MUSTARD #1 YELLOW                679.02      0.31      0.21
         #1 BROWN                 695.33      0.32      0.16
         #1 ORIENTAL              536.82      0.24      0.17

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jul 07/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    431.65   434.55   416.59   287.43    +44.9%
      -CWB #1CWRS VANC*       N/A      N/A    413.88   280.41    +47.6%
      -#1DNS GREAT FALLS    291.68   287.77   341.03   192.41    +77.2%
      -#1DNS PORTLAND       333.95   323.21   385.30   230.15    +67.4%
CORN  -#2 CHICAGO           241.36   239.31   229.42   139.90    +64.0%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     195.51   204.66   180.34   110.33    +63.5%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          481.45   476.39   469.10   384.67    +21.9%
EXCH RATE Jul 07/2011: US$ in CANADA$  .9587  CANADA$ IN US$ 1.0431
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jul 03/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #48   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    229.3  11,539.0  12,996.3    -11.2%    -18.4%
 DURUM              89.7   2,953.2   3,286.2    -10.1%     +5.7%
 BARLEY               .2   1,241.7   1,205.8     +3.0%    +12.2%
 OATS                4.1     928.3     814.8    +13.9%     -0.1%
 PEAS               54.9   2,338.4   1,489.2    +57.0%    +33.2%
 FLAXSEED            1.6     286.6     550.2    -47.9%    -48.2%
 CANOLA            104.3   6,442.2   6,591.1     -2.3%     -6.0%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jul 06/2011
 CANOLA CRUSH      116.4   5,492.7   4,256.9    +29.0%    +25.3%

U.S. EXPORTS ('000 TONNES) as of Jun 30/2011
 WHEAT             710.9   2,828.6   1,988.2    +42.3%    -18.9%
 BARLEY             N/A        5.0       3.0    +64.3%    +25.0%
 CORN              878.6  37,696.1  38,943.4     -3.2%     -4.4%
 SOYBEANS          122.9  38,737.5  37,290.3     +3.9%     +2.6%

NOPA SOYBEAN Month Ending: May 31/2011
 SOYBEAN CRUSH   3,274.5  33,114.1  35,575.5     -6.9%     -5.8%
* From Canadian Grain Commission Calendar