Weekly Crop Market Review - September 02, 2011

The next weekly will be published on Friday, September 09, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Sep 02/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  OCT11     215.00     205.00     215.00     +10.00
        -LETH  DEC11     210.00     210.00     215.00      +8.00
        -LETH  MAR12        N/A        N/A     220.00     +10.00
CANOLA  -SASK  NOV11     584.40     568.50     575.90      +8.40
        -SASK  JAN12     592.80     579.00     585.20      +9.20
        -SASK  MAR12     601.30     588.90     593.80      +9.60

U.S. FUTURES (U.S. $/BUSHEL) as of Sep 02/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC11   8.05 1/2   7.58       7.75 1/2  -0.21 1/2
        -CBT   MAR12   8.33 1/2   7.93       8.10      -0.16 1/2
WHEAT   -MINN  DEC11   9.50       9.21 1/4   9.42 3/4  +0.06
        -MINN  MAR12   9.51 1/2   9.26 1/4   9.41      +0.01 1/4
WHEAT   -KANS  DEC11   8.99 3/4   8.68       8.80      -0.12
        -KANS  MAR12   9.10 3/4   8.79 1/4   8.91 1/4  -0.12 1/4
CORN    -CBT   DEC11   7.79       7.37 1/2   7.60      -0.07
        -CBT   MAR12   7.89       7.49 3/4   7.72 1/4  -0.06
OATS    -CBT   DEC11   3.94 1/4   3.61 1/4   3.69      -0.19
        -CBT   MAR12   4.01 1/2   3.70       3.78      -0.20
SOYBEAN -CBT   NOV11  14.65      14.20 1/4  14.45 3/4  +0.22 1/4
        -CBT   JAN12  14.74 1/4  14.29 1/4  14.55 3/4  +0.23
        -CBT   MAR12  14.75 3/4  14.29 1/4  14.59 3/4  +0.27 1/4
SOYOIL  -CBT   OCT11      58.83      56.64      57.88      +0.95
(¢/lb)  -CBT   DEC11      59.23      57.01      58.26      +0.94
SOYMEAL -CBT   OCT11     385.30     375.20     379.90      +3.70
($/ton) -CBT   DEC11     390.40     380.20     385.00      +3.90

FEEDMILL BIDS on Aug 29/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           189.00-192.00    195.00-200.00
      -REDDEER             N/A              N/A
      -EDMTN          180.05-211.00    191.07-211.00
OATS  -EDMTN               N/A         129.68-180.00
PEAS - EDMTN          194.74-220.00    194.74-250.00
BARLEY-LETH           190.00-190.00    192.00-200.00
      -MH/BRKS        190.00-193.00    190.00-193.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           146.98-169.94    146.98-169.94
      -EDMTN          156.16-190.00    169.94-190.00
      -GRANDEP        172.24-172.24    172.24-183.72
CANOLA CRUSHER on Aug 31/2011
      -Meal (FOB)        279.33           255.67
      -Seed (DEL)        554.83           542.77

ELEVATOR BIDS on Sep 02/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     169.47           166.14
FEED OATS  -Red Deer     197.29           180.95
FEED BARLEY-Red Deer     172.26           148.26
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       490.13           490.53
CANOLA     -Red Deer     551.65           554.36

SPECIAL CROP CASH BIDS on Sep 01/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           302.59      8.24      5.31
     FEED                         164.25      4.47      4.15
     LARGE YELLOW #2 OR BETTER    306.26      8.34      5.10
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 619.16      0.28      0.29
         #1 ESTON                 624.68      0.28      0.24
 MUSTARD #1 YELLOW                660.28      0.30      0.21
         #1 BROWN                 687.40      0.31      0.17
         #1 ORIENTAL              526.13      0.24      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Sep 01/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    430.51   431.49   427.21   417.33     +2.4%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    325.46     N/A    303.84   334.17     -9.1%
      -#1DNS PORTLAND       366.32     N/A    335.30   378.41    -11.4%
CORN  -#2 CHICAGO           279.58   270.87   272.76   231.77    +17.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     225.81   217.55   219.02   181.75    +20.5%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          515.07   508.98   499.83   470.24     +6.3%
EXCH RATE Sep 01/2011: US$ in CANADA$  .9755  CANADA$ IN US$ 1.0251
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Aug 28/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 4   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    189.2     923.1     826.5    +11.7%     +5.0%
 DURUM              38.0     217.2     314.3    -30.9%    +17.7%
 BARLEY               .8       1.7     103.8    -98.4%     -3.9%
 OATS               49.3      86.5     127.0    -31.9%    +20.0%
 PEAS               12.1      85.4     225.2    -62.1%    -37.9%
 FLAXSEED            2.4      10.3       9.1    +13.2%    -25.0%
 CANOLA             69.9     388.1     485.0    -20.0%     -2.9%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Aug 31/2011
 CANOLA CRUSH       73.6     507.7     521.1     -2.6%     +5.1%

U.S. EXPORTS ('000 TONNES) as of Aug 25/2011
 WHEAT             638.0   7,512.8   6,537.7    +14.9%    -14.7%
 BARLEY             N/A       63.5       5.1  +1136.4%    +25.0%
 CORN              693.8  44,872.0  47,369.2     -5.3%     -7.8%
 SOYBEANS          224.4  40,308.7  39,476.0     +2.1%     -0.3%

NOPA SOYBEAN Month Ending: Jul 31/2011
 SOYBEAN CRUSH   3,346.2  39,664.0  42,390.8     -6.4%     -6.1%
* From Canadian Grain Commission Calendar