Weekly Crop Market Review - December 2, 2011

The next weekly will be published on Friday, December 9, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Dec 02/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR12        N/A        N/A     220.00      +0.00
        -LETH  MAY12        N/A        N/A     225.00      +0.00
        -LETH  JUL12        N/A        N/A     225.00      +0.00
CANOLA  -SASK  JAN12     513.80     496.20     502.30      -0.90
        -SASK  MAR12     513.80     495.80     502.20      -1.50
        -SASK  MAY12     514.20     496.60     503.20      -0.50

U.S. FUTURES (U.S. $/BUSHEL) as of Dec 02/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR12   6.32       5.90       6.25 1/2  +0.36 1/2
        -CBT   MAY12   6.48 1/4   6.07 3/4   6.41 1/4  +0.35 3/4
WHEAT   -MINN  MAR12   8.50       8.03 3/4   8.44 1/2  +0.37
        -MINN  MAY12   8.30       7.85       8.25      +0.36 1/4
WHEAT   -KANS  MAR12   6.88 3/4   6.50 3/4   6.81 1/2  +0.27 1/2
        -KANS  MAY12   6.97 1/2   6.60       6.89      +0.27 3/4
CORN    -CBT   MAR12   6.16       5.93       5.95 1/4  +0.05 1/4
        -CBT   MAY12   6.22 1/2   5.99 3/4   6.03      +0.05 3/4
OATS    -CBT   MAR12   3.22 1/2   2.90       3.15      +0.28
        -CBT   MAY12   3.18       2.97       3.15      +0.23 1/2
SOYBEAN -CBT   JAN12  11.46      11.11 1/2  11.35 3/4  +0.29 1/4
        -CBT   MAR12  11.55 1/4  11.21 1/2  11.46 1/4  +0.30 1/2
        -CBT   MAY12  11.65      11.31      11.56 1/4  +0.31 3/4
SOYOIL  -CBT   JAN12      50.35      48.57      50.25      +1.81
(¢/lb)  -CBT   MAR12      50.76      49.00      50.65      +1.78
SOYMEAL -CBT   JAN12     293.40     284.30     288.30      +5.30
($/ton) -CBT   MAR12     296.00     286.40     292.00      +6.50

FEEDMILL BIDS on Nov 28/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           214.00-217.00    215.00-218.00
      -REDDEER        196.00-204.00    200.00-208.00
      -EDMTN          198.00-204.00    200.00-205.00
OATS  -EDMTN          155.00-168.00    165.00-178.00
PEAS - EDMTN          232.00-245.00    230.00-245.00
BARLEY-LETH           216.00-220.00    215.00-218.00
      -MH/BRKS        210.00-215.00    212.00-215.00
      -CALGARY        208.00-211.00    203.00-209.00
      -REDDEER        198.00-206.00    196.00-201.00
      -VERM           192.00-198.00    200.00-202.00
      -EDMTN          184.00-190.00    188.00-192.00
      -GRANDEP        166.00-178.00    170.00-176.00
CANOLA CRUSHER on Nov 30/2011
      -Meal (FOB)        214.97           205.42
      -Seed (DEL)        483.13           486.47

ELEVATOR BIDS on Dec 02/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     181.30           185.85
FEED OATS  -Red Deer     155.21           162.51
FEED BARLEY-Red Deer     186.72           183.36
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       516.51           523.59
CANOLA     -Red Deer     495.03           500.05

SPECIAL CROP CASH BIDS on Dec 01/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           318.94      8.68      7.73
     FEED                         185.19      5.04      4.92
     LARGE YELLOW #2 OR BETTER    317.47      8.64      6.77
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 603.84      0.27      0.38
         #1 ESTON                 610.89      0.28      0.31
 MUSTARD #1 YELLOW                799.17      0.36      0.22
         #1 BROWN                 692.69      0.31      0.19
         #1 ORIENTAL              556.66      0.25      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 01/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    398.69   406.80   418.23   417.33     +0.2%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    300.76     N/A    315.54   334.17     -5.6%
      -#1DNS PORTLAND       343.81     N/A    354.66   378.41     -6.3%
CORN  -#2 CHICAGO           231.20   234.41   254.05   231.77     +9.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     206.84   213.49   219.84   181.75    +21.0%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          423.19   434.48   469.77   470.24     -0.1%
EXCH RATE Dec 01/2011: US$ in CANADA$ 1.0143  CANADA$ IN US$ 0.9859
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Nov 27/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #17   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    403.6   4,349.6   3,802.2    +14.4%    +13.4%
 DURUM              90.5   1,203.7   1,354.0    -11.1%    +10.0%
 BARLEY             52.8     415.8     473.1    -12.1%     -3.8%
 OATS               22.9     509.3     449.1    +13.4%     +4.7%
 PEAS               14.5     816.1     907.6    -10.1%    -40.2%
 FLAXSEED           10.8      88.3     128.3    -31.2%    -25.7%
 CANOLA            148.0   2,807.5   2,466.9    +13.8%     -1.7%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Nov 30/2011
 CANOLA CRUSH      133.2   2,138.5   2,065.1     +3.6%     +3.0%

U.S. EXPORTS ('000 TONNES) as of Nov 24/2011
 WHEAT             418.9  14,094.4  15,073.6     -6.5%    -24.4%
 BARLEY               .3     121.3      95.2    +27.4%    +25.0%
 CORN              777.2   8,987.3  10,602.3    -15.2%    -12.8%
 SOYBEANS        1,126.9  10,782.1  16,074.3    -32.9%    -11.7%

NOPA SOYBEAN Month Ending: Oct 31/2011
 SOYBEAN CRUSH   3,842.2   6,844.4   7,532.7     -9.1%     -0.8%
* From Canadian Grain Commission Calendar