Weekly Crop Market Review - September 23, 2011

The next weekly will be published on Friday, September 30, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Sep 23/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  OCT11        N/A        N/A     208.00      +0.00
        -LETH  DEC11        N/A        N/A     215.00      +0.00
        -LETH  MAR12        N/A        N/A     220.00      +0.00
CANOLA  -SASK  NOV11     559.00     538.30     530.50     -20.50
        -SASK  JAN12     568.20     548.40     540.30     -20.80
        -SASK  MAR12     577.30     550.10     549.30     -20.70

U.S. FUTURES (U.S. $/BUSHEL) as of Sep 23/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC11   6.91 1/4   6.32 1/4   6.40 3/4  -0.47 1/2
        -CBT   MAR12   7.28 1/2   6.66       6.75 1/4  -0.51 1/2
WHEAT   -MINN  DEC11   8.60 1/2   8.19       8.51      -0.05 1/4
        -MINN  MAR12   8.57 1/4   8.11 3/4   8.34 3/4  -0.17 1/2
WHEAT   -KANS  DEC11   7.84 1/2   7.20 1/2   7.31 1/4  -0.52 3/4
        -KANS  MAR12   7.99       7.35 1/2   7.46 1/4  -0.52 1/2
CORN    -CBT   DEC11   7.04 1/2   6.38       6.38 1/2  -0.53 1/2
        -CBT   MAR12   7.17       6.51 1/4   6.52      -0.53 1/2
OATS    -CBT   DEC11   3.53 3/4   3.29 1/4   3.31 1/2  -0.14
        -CBT   MAR12   3.63 3/4   3.42       3.42 1/2  -0.13 3/4
SOYBEAN -CBT   NOV11  13.57 1/2  12.50      12.58      -0.97 1/2
        -CBT   JAN12  13.68      12.61 1/4  12.69      -0.98
        -CBT   MAR12  13.74 1/4  12.69 3/4  12.76 1/2  -0.98 3/4
SOYOIL  -CBT   OCT11      56.49      51.68      52.40      -4.15
(¢/lb)  -CBT   DEC11      56.79      51.91      52.64      -4.22
SOYMEAL -CBT   OCT11     348.70     325.30     326.00     -22.70
($/ton) -CBT   DEC11     353.00     329.20     330.10     -23.00

FEEDMILL BIDS on Sep 19/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           209.00-210.00    203.00-210.00
      -REDDEER             N/A              N/A
      -EDMTN          180.05-215.00    180.05-215.00
OATS  -EDMTN          116.72-190.00    116.72-190.00
PEAS - EDMTN          194.74-220.46    194.74-220.46
BARLEY-LETH           205.00-208.00    200.00-200.00
      -MH/BRKS        193.00-205.00    193.00-200.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           160.76-160.76    160.76-160.76
      -EDMTN          165.35-200.00    160.76-190.00
      -GRANDEP        172.24-172.24    172.24-172.24
CANOLA CRUSHER on Sep 21/2011
      -Meal (FOB)        233.47           246.67
      -Seed (DEL)        519.30           525.16

ELEVATOR BIDS on Sep 23/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     181.79           183.46
FEED OATS  -Red Deer     170.12           166.88
FEED BARLEY-Red Deer     174.84           158.70
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       518.08           518.08
CANOLA     -Red Deer     501.89           523.09

SPECIAL CROP CASH BIDS on Sep 22/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           318.94      8.68      6.25
     FEED                         171.23      4.66     N/A
     LARGE YELLOW #2 OR BETTER    328.49      8.94      5.33
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 654.99      0.30      0.39
         #1 ESTON                 623.68      0.28      0.32
 MUSTARD #1 YELLOW                755.08      0.34      0.22
         #1 BROWN                 692.69      0.31      0.17
         #1 ORIENTAL              597.01      0.27      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Sep 22/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    394.72   398.83   418.71   417.33     +0.3%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    315.60   297.93   307.63   334.17     -7.9%
      -#1DNS PORTLAND       352.97   346.19   343.86   378.41     -9.1%
CORN  -#2 CHICAGO           259.67   263.61   271.06   231.77    +17.0%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     237.83   227.78   223.68   181.75    +23.1%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          478.68   487.65   497.65   470.24     +5.8%
EXCH RATE Sep 22/2011: US$ in CANADA$ 1.0274  CANADA$ IN US$ 0.9733
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Sep 18/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 7   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    297.8   1,553.1   1,406.2    +10.4%    +13.4%
 DURUM              50.0     327.0     632.5    -48.3%    +10.1%
 BARLEY               .9      43.5     132.4    -67.1%     -5.7%
 OATS               31.7     201.4     207.7     -3.0%     +5.0%
 PEAS              114.3     366.6     405.4     -9.6%    -40.3%
 FLAXSEED           19.0      33.8      52.2    -35.2%    -19.4%
 CANOLA            196.7     801.4     739.6     +8.4%     -1.1%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Sep 21/2011
 CANOLA CRUSH      132.0     866.5     853.7     +1.5%     +3.0%

U.S. EXPORTS ('000 TONNES) as of Sep 15/2011
 WHEAT             907.2   9,513.5   8,976.6     +6.0%    -20.5%
 BARLEY             N/A      116.4      36.1   +222.2%    +25.0%
 CORN              568.8   1,161.1   2,440.4    -52.4%    -10.1%
 SOYBEANS          272.3     650.5     638.4     +1.9%     -0.9%

NOPA SOYBEAN Month Ending: Jul 31/2011
 SOYBEAN CRUSH   3,346.2  39,664.0  42,390.8     -6.4%     -5.4%
* From Canadian Grain Commission Calendar