Weekly Crop Market Review - October 21, 2011

The next weekly will be published on Friday, October 28, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Oct 21/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  DEC11        N/A        N/A     215.00      +0.00
        -LETH  MAR12        N/A        N/A     220.00      +0.00
        -LETH  MAY12        N/A        N/A     225.00      +0.00
CANOLA  -SASK  NOV11     542.60     518.50     522.10     -15.90
        -SASK  JAN12     553.10     528.00     531.00     -17.20
        -SASK  MAR12     562.00     536.90     539.80     -17.60

U.S. FUTURES (U.S. $/BUSHEL) as of Oct 21/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC11   6.49 1/2   6.13       6.32      +0.09 1/4
        -CBT   MAR12   6.83 1/2   6.46       6.65 3/4  +0.09 1/4
WHEAT   -MINN  DEC11   9.31       8.86       9.19 1/4  +0.26 3/4
        -MINN  MAR12   8.67       8.32 3/4   8.55      +0.21 1/4
WHEAT   -KANS  DEC11   7.46 3/4   6.99 1/4   7.23      +0.15 1/2
        -KANS  MAR12   7.59 1/2   7.14       7.36 3/4  +0.13 1/4
CORN    -CBT   DEC11   6.65 1/2   6.30 1/4   6.49 1/4  +0.09 1/4
        -CBT   MAR12   6.75       6.41 1/4   6.60      +0.08 1/2
OATS    -CBT   DEC11   3.47       3.34       3.37      -0.03
        -CBT   MAR12   3.57       3.44       3.47      -0.03
SOYBEAN -CBT   NOV11  12.72      12.01 1/2  12.12 1/4  -0.57 3/4
        -CBT   JAN12  12.79 1/4  12.07 1/2  12.20 3/4  -0.57 3/4
        -CBT   MAR12  12.85 3/4  12.15      12.29 1/2  -0.56 1/4
SOYOIL  -CBT   DEC11      53.65      50.54      51.25      -2.29
(¢/lb)  -CBT   JAN12      53.91      50.81      51.52      -2.29
SOYMEAL -CBT   DEC11     329.40     314.20     316.50     -11.10
($/ton) -CBT   JAN12     330.80     315.80     318.40     -11.30

FEEDMILL BIDS on Oct 17/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           215.00-218.00    215.00-218.00
      -REDDEER             N/A              N/A
      -EDMTN          187.39-218.00    187.39-218.00
OATS  -EDMTN          136.17-190.00    136.17-190.00
PEAS - EDMTN          194.74-224.14    194.74-224.14
BARLEY-LETH           211.00-213.00    212.00-212.00
      -MH/BRKS        202.00-210.00    203.00-210.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           160.00-174.53    160.76-183.72
      -EDMTN          174.53-210.00    169.94-205.00
      -GRANDEP        172.24-172.24    172.24-172.24
CANOLA CRUSHER on Oct 19/2011
      -Meal (FOB)        225.23           225.87
      -Seed (DEL)        504.13           514.03

ELEVATOR BIDS on Oct 21/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     183.08           181.42
FEED OATS  -Red Deer     174.49           169.42
FEED BARLEY-Red Deer     177.36           177.76
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       549.58           553.51
CANOLA     -Red Deer     501.51           513.31

SPECIAL CROP CASH BIDS on Oct 20/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           332.35      9.05      6.44
     FEED                         192.72      5.25      4.15
     LARGE YELLOW #2 OR BETTER    321.69      8.76      5.79
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 614.54      0.28      0.38
         #1 ESTON                 628.31      0.28      0.33
 MUSTARD #1 YELLOW                774.37      0.35      0.22
         #1 BROWN                 695.33      0.32      0.18
         #1 ORIENTAL              587.53      0.27      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 20/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    419.73   443.43   420.17   417.33     +0.7%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    322.98   318.48   315.01   334.17     -5.7%
      -#1DNS PORTLAND       365.31   358.38   353.84   378.41     -6.5%
CORN  -#2 CHICAGO           248.54   241.16   260.10   231.77    +12.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     218.18   219.19   223.68   181.75    +23.1%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          457.98   469.09   484.14   470.24     +3.0%
EXCH RATE Oct 20/2011: US$ in CANADA$ 1.0150  CANADA$ IN US$ 0.9852
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Oct 16/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #11   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    156.8   2,376.2   2,320.6     +2.4%    +13.4%
 DURUM              29.8     537.0     900.4    -40.4%    +10.0%
 BARLEY             65.2     122.3     255.6    -52.2%     -3.8%
 OATS               27.7     338.0     337.0     +0.3%     +4.7%
 PEAS               10.9     534.0     625.6    -14.6%    -40.2%
 FLAXSEED            1.4      50.1      64.2    -22.0%    -25.7%
 CANOLA            240.5   1,590.9   1,374.9    +15.7%     -1.7%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Oct 19/2011
 CANOLA CRUSH      115.3   1,348.1   1,319.7     +2.2%     +3.0%

U.S. EXPORTS ('000 TONNES) as of Oct 13/2011
 WHEAT             445.2  11,518.0  11,726.1     -1.8%    -24.4%
 BARLEY               .3     117.0      72.9    +60.5%    +25.0%
 CORN              537.8   4,190.0   5,965.7    -29.8%    -12.8%
 SOYBEANS        1,225.7   3,109.8   5,044.1    -38.3%     -8.3%

NOPA SOYBEAN Month Ending: Aug 31/2011
 SOYBEAN CRUSH   3,232.3  42,896.3  45,721.9     -6.2%     -0.8%
* From Canadian Grain Commission Calendar