Weekly Crop Market Review - October 14, 2011

The next weekly will be published on Friday, October 21, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Oct 14/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  DEC11        N/A        N/A     215.00      +2.00
        -LETH  MAR12        N/A        N/A     220.00      +2.00
        -LETH  MAY12        N/A        N/A     225.00      +2.00
CANOLA  -SASK  NOV11     544.60     518.20     538.00     +19.40
        -SASK  JAN12     554.60     527.70     548.20     +19.70
        -SASK  MAR12     563.60     542.50     557.40     +19.80

U.S. FUTURES (U.S. $/BUSHEL) as of Oct 14/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC11   6.65 1/4   6.05       6.22 3/4  +0.15 1/4
        -CBT   MAR12   6.97 1/4   6.41 1/4   6.56 1/2  +0.12 1/2
WHEAT   -MINN  DEC11   9.55 3/4   8.80 3/4   8.92 1/2  -0.27
        -MINN  MAR12   8.78 1/4   8.27       8.33 3/4  -0.05 3/4
WHEAT   -KANS  DEC11   7.30 1/2   6.83 1/2   7.07 1/2  +0.23
        -KANS  MAR12   7.46 3/4   7.00 1/2   7.23 1/2  +0.23
CORN    -CBT   DEC11   6.55       5.98 1/2   6.40      +0.40
        -CBT   MAR12   6.66 3/4   6.11 1/2   6.51 1/2  +0.38 3/4
OATS    -CBT   DEC11   3.45 3/4   3.13       3.40      +0.19
        -CBT   MAR12   3.54       3.25 1/2   3.50      +0.18 1/2
SOYBEAN -CBT   NOV11  12.75 3/4  11.58 1/4  12.70      +1.11 3/4
        -CBT   JAN12  12.83 3/4  11.69 1/4  12.78 1/2  +1.08 1/2
        -CBT   MAR12  12.90      11.79 1/4  12.85 3/4  +1.06 1/2
SOYOIL  -CBT   DEC11      53.92      49.20      53.54      +4.22
(¢/lb)  -CBT   JAN12      54.18      49.48      53.81      +4.20
SOYMEAL -CBT   DEC11     330.50     303.10     327.60     +23.30
($/ton) -CBT   JAN12     332.40     305.30     329.70     +23.10

FEEDMILL BIDS on Oct 10/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           215.00-218.00    214.00-218.00
      -REDDEER             N/A              N/A
      -EDMTN          187.39-218.00    181.88-218.00
OATS  -EDMTN          136.17-190.00    119.96-190.00
PEAS - EDMTN          194.74-224.14    194.74-220.46
BARLEY-LETH           212.00-212.00    210.00-210.00
      -MH/BRKS        203.00-210.00    193.00-208.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           160.76-183.72    156.16-169.94
      -EDMTN          169.94-205.00    179.13-205.00
      -GRANDEP        172.24-172.24    172.24-172.24
CANOLA CRUSHER on Oct 12/2011
      -Meal (FOB)        225.87           203.33
      -Seed (DEL)        514.03           489.47

ELEVATOR BIDS on Oct 14/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     181.42           182.42
FEED OATS  -Red Deer     169.42           172.77
FEED BARLEY-Red Deer     177.76           178.32
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       553.51           547.61
CANOLA     -Red Deer     513.31           492.25

SPECIAL CROP CASH BIDS on Oct 13/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           323.53      8.80      6.42
     FEED                         192.72      5.25      4.15
     LARGE YELLOW #2 OR BETTER    322.80      8.79      5.61
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 616.85      0.28      0.37
         #1 ESTON                 628.31      0.28      0.32
 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 $/TONNE) as of Oct 13/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    443.43   420.91   420.21   417.33     +0.7%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    318.48   335.38   314.21   334.17     -6.0%
      -#1DNS PORTLAND       358.38   381.14   352.57   378.41     -6.8%
CORN  -#2 CHICAGO           261.04   232.06   262.95   231.77    +13.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     219.19   228.80   224.18   181.75    +23.3%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          469.09   438.62   486.52   470.24     +3.5%
EXCH RATE Oct 13/2011: US$ in CANADA$ 1.0197  CANADA$ IN US$ 0.9807
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Oct 09/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #10   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    207.6   2,219.4   2,062.6     +7.6%    +13.4%
 DURUM              20.0     507.2     857.9    -40.9%    +10.0%
 BARLEY              4.7      57.1     231.8    -75.4%     -3.8%
 OATS               15.0     310.3     303.5     +2.2%     +4.7%
 PEAS               12.0     523.1     604.4    -13.5%    -40.2%
 FLAXSEED           11.3      48.7      64.1    -24.0%    -25.7%
 CANOLA            260.4   1,350.4   1,298.1     +4.0%     -1.7%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Oct 12/2011
 CANOLA CRUSH      124.3   1,232.7   1,188.3     +3.7%     +3.0%

U.S. EXPORTS ('000 TONNES) as of Oct 06/2011
 WHEAT             342.4  11,072.8  11,147.8     -0.7%    -20.5%
 BARLEY             N/A      116.7      72.6    +60.7%    +25.0%
 CORN              808.4   3,647.5   5,200.1    -29.9%    -10.1%
 SOYBEANS          636.5   1,881.8   3,226.0    -41.7%     -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