Weekly Crop Market Review - October 28, 2011

The next weekly will be published on Friday, November 4, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Oct 28/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  DEC11     216.00     216.00     216.00      +1.00
        -LETH  MAR12        N/A        N/A     221.00      +1.00
        -LETH  MAY12        N/A        N/A     226.00      +1.00
CANOLA  -SASK  NOV11     537.50     522.00     529.70      +7.60
        -SASK  JAN12     539.50     529.00     530.80      -0.20
        -SASK  MAR12     547.10     536.90     538.80      -1.00

U.S. FUTURES (U.S. $/BUSHEL) as of Oct 28/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC11   6.52 3/4   6.16 1/2   6.44 1/2  +0.12 1/2
        -CBT   MAR12   6.88 1/2   6.53 3/4   6.80 1/2  +0.14 3/4
WHEAT   -MINN  DEC11   9.35 3/4   9.07 1/2   9.20 1/2  +0.01 1/4
        -MINN  MAR12   8.74 3/4   8.42 3/4   8.63 1/4  +0.08 1/4
WHEAT   -KANS  DEC11   7.43       7.15 1/4   7.38      +0.15
        -KANS  MAR12   7.57 1/4   7.29       7.53 1/4  +0.16 1/2
CORN    -CBT   DEC11   6.61 3/4   6.33       6.55      +0.05 3/4
        -CBT   MAR12   6.72       6.45 1/4   6.67      +0.07
OATS    -CBT   DEC11   3.45       3.29       3.36 1/4  -0.00 3/4
        -CBT   MAR12   3.54 3/4   3.39       3.47      +0.00
SOYBEAN -CBT   NOV11  12.43      12.09 1/2  12.17      +0.04 3/4
        -CBT   JAN12  12.52 1/2  12.18      12.26      +0.05 1/4
        -CBT   MAR12  12.62      12.28 1/4  12.35 3/4  +0.06 1/4
SOYOIL  -CBT   DEC11      52.50      50.74      51.77      +0.52
(¢/lb)  -CBT   JAN12      52.76      51.01      52.03      +0.51
SOYMEAL -CBT   DEC11     324.80     315.50     317.50      +1.00
($/ton) -CBT   JAN12     326.60     317.90     319.80      +1.40

FEEDMILL BIDS on Oct 24/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           217.00-219.00    215.00-218.00
      -REDDEER             N/A              N/A
      -EDMTN          198.42-225.00    187.39-218.00
OATS  -EDMTN          175.07-198.00    136.17-190.00
PEAS - EDMTN          194.74-218.00    194.74-224.14
BARLEY-LETH           214.00-214.00    211.00-213.00
      -MH/BRKS        205.00-210.00    202.00-210.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           167.64-183.72    160.00-174.53
      -EDMTN          183.72-208.00    174.53-210.00
      -GRANDEP        172.24-172.70    172.24-172.24
CANOLA CRUSHER on Oct 26/2011
      -Meal (FOB)        219.44           225.23
      -Seed (DEL)        503.58           504.13

ELEVATOR BIDS on Oct 28/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     185.49           183.08
FEED OATS  -Red Deer     179.61           174.49
FEED BARLEY-Red Deer     179.28           177.36
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       544.85           549.58
CANOLA     -Red Deer     508.37           501.51

SPECIAL CROP CASH BIDS on Oct 27/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           329.41      8.97      6.85
     FEED                         192.72      5.25      4.46
     LARGE YELLOW #2 OR BETTER    320.78      8.73      6.01
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 586.53      0.27      0.38
         #1 ESTON                 582.24      0.26      0.31
 MUSTARD #1 YELLOW                773.49      0.35      0.22
         #1 BROWN                 695.33      0.32      0.18
         #1 ORIENTAL              576.51      0.26      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 27/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    411.48   419.73   419.50   417.33     +0.5%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    316.89   322.98   315.16   334.17     -5.7%
      -#1DNS PORTLAND         N/A    365.31   353.84   378.41     -6.5%
CORN  -#2 CHICAGO           245.47   248.54   258.97   231.77    +11.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     213.08   218.18   222.86   181.75    +22.6%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          449.84   457.98   481.50   470.24     +2.4%
EXCH RATE Oct 27/2011: US$ in CANADA$  .9913  CANADA$ IN US$ 1.0088
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Oct 23/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #12   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    337.1   2,939.7   2,469.8    +19.0%    +13.4%
 DURUM              24.9     670.3     947.9    -29.3%    +10.0%
 BARLEY             60.2     178.6     292.5    -38.9%     -3.8%
 OATS               27.2     360.8     362.2     -0.4%     +4.7%
 PEAS               73.1     607.1     721.5    -15.9%    -40.2%
 FLAXSEED           12.4      60.3      74.6    -19.2%    -25.7%
 CANOLA            159.1   1,792.8   1,547.5    +15.9%     -1.7%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Oct 26/2011
 CANOLA CRUSH      126.7   1,474.8   1,450.8     +1.7%     +3.0%

U.S. EXPORTS ('000 TONNES) as of Oct 20/2011
 WHEAT             474.4  11,998.9  12,376.6     -3.1%    -24.4%
 BARLEY             N/A      117.0      73.9    +58.4%    +25.0%
 CORN              747.8   4,939.3   6,590.3    -25.1%    -12.8%
 SOYBEANS        1,119.9   4,237.4   6,997.0    -39.4%     -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