Weekly Crop Market Review - July 22, 2011

The next weekly will be published on Friday, July 29, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jul 22/2011
              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     575.70     557.50     560.90     -14.50
        -SASK  JAN12     583.50     565.80     569.00     -14.00
        -SASK  MAR12     585.50     573.60     576.40     -11.80

U.S. FUTURES (U.S. $/BUSHEL) as of Jul 22/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP11   7.27 3/4   6.69 1/4   6.92 1/4  -0.02 1/2
        -CBT   DEC11   7.51 3/4   7.06       7.31      +0.07 1/2
WHEAT   -MINN  SEP11   8.58 3/4   8.06       8.38 1/2  +0.14 3/4
        -MINN  DEC11   8.59       8.10 1/2   8.41 3/4  +0.16 1/4
WHEAT   -KANS  SEP11   7.96 1/2   7.48 1/2   7.80      +0.15 1/2
        -KANS  DEC11   8.19       7.73 1/2   8.04 1/4  +0.14 1/2
CORN    -CBT   SEP11   7.23 1/2   6.70 3/4   6.90      -0.11 1/4
        -CBT   DEC11   7.03 3/4   6.63 1/4   6.85 1/2  +0.00 1/2
OATS    -CBT   SEP11   3.65 1/2   3.46 1/2   3.53      -0.02
        -CBT   DEC11   3.75 1/4   3.56 3/4   3.65      +0.00 1/2
SOYBEAN -CBT   AUG11  14.08      13.69 3/4  13.80 1/4  -0.05 1/2
        -CBT   SEP11  14.05 1/4  13.66 1/2  13.81      -0.02
        -CBT   NOV11  14.09 1/2  13.70      13.88 1/4  +0.01 1/4
SOYOIL  -CBT   AUG11      57.89      56.29      56.51      -0.84
(¢/lb)  -CBT   SEP11      58.10      56.49      56.78      -0.78
SOYMEAL -CBT   AUG11     366.60     355.00     363.00      +2.70
($/ton) -CBT   SEP11     368.30     356.80     364.00      +1.90

FEEDMILL BIDS on Jul 18/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           210.00-212.00    210.00-212.00
      -REDDEER             N/A              N/A
      -EDMTN          191.07-215.00    191.07-215.00
OATS  -EDMTN          136.17-185.00    129.68-180.00
PEAS - EDMTN          194.74-227.81    194.74-224.14
BARLEY-LETH           205.00-208.00    205.00-205.00
      -MH/BRKS        195.00-206.00    190.00-204.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           160.79-174.53    160.76-174.53
      -EDMTN          169.94-200.00    167.64-204.00
      -GRANDEP        172.24-172.24    172.24-172.24
CANOLA CRUSHER on Jul 20/2011
      -Meal (FOB)        258.67           250.00
      -Seed (DEL)        570.83           576.60

ELEVATOR BIDS on Jul 22/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     179.69           183.29
FEED OATS  -Red Deer     174.80           167.96
FEED BARLEY-Red Deer     169.74           171.24
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       514.15           527.92
CANOLA     -Red Deer     547.48           570.18

SPECIAL CROP CASH BIDS on Jul 21/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           305.71      8.32      5.03
     FEED                         167.92      4.57      2.66
     LARGE YELLOW #2 OR BETTER    320.22      8.71      5.28
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 779.00      0.35      0.32
         #1 ESTON                 652.23      0.30      0.25
 MUSTARD #1 YELLOW                679.02      0.31      0.22
         #1 BROWN                 695.33      0.32      0.17
         #1 ORIENTAL              536.82      0.24      0.18

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jul 21/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    436.66   429.42   417.24   287.43    +45.2%
      -CWB #1CWRS VANC*       N/A      N/A    413.88   280.41    +47.6%
      -#1DNS GREAT FALLS    264.70   283.19   336.24   192.41    +74.8%
      -#1DNS PORTLAND       324.45   340.04   380.88   230.15    +65.5%
CORN  -#2 CHICAGO           269.56   274.57   231.09   139.90    +65.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     203.22   201.27   181.20   110.33    +64.2%
      -#2 STOCKTON            N/A      N/A    292.88   185.36    +58.0%
SOYBNS-#1 ILLINOIS          486.06   497.00   469.98   384.67    +22.2%
EXCH RATE Jul 21/2011: US$ in CANADA$  .9454  CANADA$ IN US$ 1.0578
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jul 17/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #50   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    249.2  12,024.4  13,712.1    -12.3%    -10.2%
 DURUM              47.1   3,061.9   3,361.7     -8.9%     -4.9%
 BARLEY             19.5   1,261.3   1,244.8     +1.3%     +4.7%
 OATS                4.5     939.7     870.6     +7.9%     -0.1%
 PEAS                 .1   2,366.8   1,511.5    +56.6%    +33.2%
 FLAXSEED           14.9     316.6     597.6    -47.0%    -48.2%
 CANOLA            178.4   6,778.4   6,813.4     -0.5%     -1.8%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jul 20/2011
 CANOLA CRUSH      120.8   5,725.0   4,481.8    +27.7%    +25.3%

U.S. EXPORTS ('000 TONNES) as of Jul 14/2011
 WHEAT             509.6   3,903.7   3,018.5    +29.3%    -10.6%
 BARLEY               .6      32.8       3.5   +841.9%    +25.0%
 CORN              735.4  39,357.0  40,966.7     -3.9%     -5.6%
 SOYBEANS          101.1  39,038.8  37,756.1     +3.4%     +1.3%

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