Weekly Crop Market Review - October 7, 2011

The next weekly will be published on Friday, October 14, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Oct 07/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  DEC11        N/A        N/A     213.00      -2.00
        -LETH  MAR12        N/A        N/A     218.00      -2.00
        -LETH  MAY12        N/A        N/A     223.00      -2.00
CANOLA  -SASK  NOV11     527.90     516.10     518.60      -5.20
        -SASK  JAN12     538.40     526.20     528.50      -6.30
        -SASK  MAR12     546.90     535.40     537.60      -6.40

U.S. FUTURES (U.S. $/BUSHEL) as of Oct 07/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC11   6.39 3/4   5.96 3/4   6.07 1/2  -0.01 3/4
        -CBT   MAR12   6.74       6.34 1/4   6.44      -0.02 1/2
WHEAT   -MINN  DEC11   9.37 1/2   8.62       9.19 1/2  +0.27 1/4
        -MINN  MAR12   8.54 1/2   8.20 1/2   8.39 1/2  -0.07
WHEAT   -KANS  DEC11   7.15 3/4   6.77 1/4   6.84 1/2  -0.19 1/2
        -KANS  MAR12   7.31       6.93       7.00 1/2  -0.18 1/4
CORN    -CBT   DEC11   6.17       5.72 1/4   6.00      +0.07 1/2
        -CBT   MAR12   6.29 1/2   5.86       6.12 3/4  +0.07
OATS    -CBT   DEC11   3.30       3.16 1/2   3.21      -0.07
        -CBT   MAR12   3.41       3.27 3/4   3.31 1/2  -0.07 1/2
SOYBEAN -CBT   NOV11  11.89 3/4  11.52      11.58 1/4  -0.20 3/4
        -CBT   JAN12  12.00      11.63 1/2  11.70      -0.19 1/2
        -CBT   MAR12  12.09 1/2  11.73 1/2  11.79 1/4  -0.19
SOYOIL  -CBT   DEC11      50.20      48.90      49.32      -0.89
(¢/lb)  -CBT   JAN12      50.47      49.10      49.61      -0.87
SOYMEAL -CBT   DEC11     313.90     300.90     304.30      -4.30
($/ton) -CBT   JAN12     315.60     303.30     306.60      -4.00

FEEDMILL BIDS on Oct 03/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           214.00-218.00    202.00-212.00
      -REDDEER             N/A              N/A
      -EDMTN          181.88-218.00    180.05-218.00
OATS  -EDMTN          119.96-190.00    116.72-190.00
PEAS - EDMTN          194.74-220.46    194.74-220.46
BARLEY-LETH           210.00-210.00    200.00-210.00
      -MH/BRKS        193.00-208.00    193.00-210.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           156.16-169.94    149.27-160.76
      -EDMTN          179.13-205.00    165.35-208.00
      -GRANDEP        172.24-172.24    160.76-172.24
CANOLA CRUSHER on Oct 05/2011
      -Meal (FOB)        203.33           213.13
      -Seed (DEL)        489.47           494.34

ELEVATOR BIDS on Oct 07/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     182.42           177.80
FEED OATS  -Red Deer     172.77           174.84
FEED BARLEY-Red Deer     178.32           177.40
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       547.61           541.70
CANOLA     -Red Deer     492.25           495.84

SPECIAL CROP CASH BIDS on Oct 06/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           323.53      8.80      6.13
     FEED                         192.72      5.25      4.15
     LARGE YELLOW #2 OR BETTER    322.79      8.79      5.48
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 637.35      0.29      0.37
         #1 ESTON                 631.51      0.29      0.33
 MUSTARD #1 YELLOW                773.49      0.35      0.22
         #1 BROWN                 695.33      0.32      0.18
         #1 ORIENTAL              609.58      0.28      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 06/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    420.91   408.30   417.89   417.33     +0.1%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    335.38   334.80   313.73   334.17     -6.1%
      -#1DNS PORTLAND       381.14   370.41   351.84   378.41     -7.0%
CORN  -#2 CHICAGO           232.06   242.81   263.14   231.77    +13.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     228.80   228.53   224.67   181.75    +23.6%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          438.62   462.78   488.26   470.24     +3.8%
EXCH RATE Oct 06/2011: US$ in CANADA$ 1.0378  CANADA$ IN US$ 0.9636
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Oct 02/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 9   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    274.6   2,011.8   1,780.9    +13.0%    +13.4%
 DURUM             124.4     487.2     767.0    -36.5%    +10.0%
 BARLEY              4.5      52.4     219.5    -76.1%     -3.8%
 OATS               33.0     295.3     267.6    +10.4%     +4.7%
 PEAS              119.5     511.1     555.0     -7.9%    -40.2%
 FLAXSEED            2.1      37.4      63.5    -41.1%    -25.7%
 CANOLA            184.2   1,090.0   1,099.5     -0.9%     -1.7%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Oct 05/2011
 CANOLA CRUSH      121.2   1,108.4   1,064.3     +4.1%     +3.0%

U.S. EXPORTS ('000 TONNES) as of Sep 29/2011
 WHEAT             600.9  10,725.7  10,508.1     +2.1%    -20.5%
 BARLEY               .3     116.7      72.2    +61.7%    +25.0%
 CORN              722.5   2,817.8   4,343.9    -35.1%    -10.1%
 SOYBEANS          288.5   1,168.8   1,885.9    -38.0%     -0.9%

NOPA SOYBEAN Month Ending: Aug 31/2011
 SOYBEAN CRUSH   3,232.3  42,896.3  45,721.9     -6.2%     -5.4%
* From Canadian Grain Commission Calendar