Weekly Crop Market Review - December 9, 2011

The next weekly will be published on Friday, December 16, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Dec 09/2011
              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     511.50     498.50     499.50      -2.80
        -SASK  MAR12     511.20     500.00     500.60      -1.60
        -SASK  MAY12     513.50     502.50     504.30      +1.10

U.S. FUTURES (U.S. $/BUSHEL) as of Dec 09/2011
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR12   6.31 3/4   5.84       5.96      -0.29 1/2
        -CBT   MAY12   6.46 3/4   6.05 1/4   6.17 3/4  -0.23 1/2
WHEAT   -MINN  MAR12   8.51 1/2   8.14 3/4   8.27 1/4  -0.17 1/4
        -MINN  MAY12   8.29 3/4   7.96 1/4   8.09      -0.16
WHEAT   -KANS  MAR12   6.89       6.49 1/2   6.61 1/2  -0.20
        -KANS  MAY12   6.94 3/4   6.58       6.70 1/4  -0.18 3/4
CORN    -CBT   MAR12   6.03 1/4   5.80       5.94 1/4  -0.01
        -CBT   MAY12   6.11 1/2   5.88 3/4   6.03      +0.00
OATS    -CBT   MAR12   3.20 1/2   2.96 1/4   3.02      -0.13
        -CBT   MAY12   3.20       2.99 1/2   3.04      -0.11
SOYBEAN -CBT   JAN12  11.48 1/2  11.00 1/4  11.07      -0.28 3/4
        -CBT   MAR12  11.58 3/4  11.10 1/4  11.16 1/2  -0.29 3/4
        -CBT   MAY12  11.68 1/4  11.20 1/2  11.27      -0.29 1/4
SOYOIL  -CBT   JAN12      50.84      49.21      49.60      -0.65
(¢/lb)  -CBT   MAR12      51.23      49.62      49.98      -0.67
SOYMEAL -CBT   JAN12     290.50     275.90     276.90     -11.40
($/ton) -CBT   MAR12     294.20     280.20     281.20     -10.80

FEEDMILL BIDS on Dec 05/2011 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           214.00-216.00    214.00-217.00
      -REDDEER        198.00-204.00    196.00-204.00
      -EDMTN          198.00-204.00    198.00-204.00
OATS  -EDMTN          153.00-168.00    155.00-168.00
PEAS - EDMTN          235.00-245.00    232.00-245.00
BARLEY-LETH           215.00-218.00    216.00-220.00
      -MH/BRKS        210.00-214.00    210.00-215.00
      -CALGARY             N/A         208.00-211.00
      -REDDEER        198.00-205.00    198.00-206.00
      -VERM           194.00-198.00    192.00-198.00
      -EDMTN          184.00-195.00    184.00-190.00
      -GRANDEP        163.00-174.00    166.00-178.00
CANOLA CRUSHER on Dec 07/2011
      -Meal (FOB)        208.77           214.97
      -Seed (DEL)        492.67           483.13

ELEVATOR BIDS on Dec 09/2011 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     181.40           181.30
FEED OATS  -Red Deer     166.19           155.21
FEED BARLEY-Red Deer     184.72           186.72
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       511.78           516.51
CANOLA     -Red Deer     500.48           495.03

SPECIAL CROP CASH BIDS on Dec 08/2011
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           318.94      8.68      7.63
     FEED                         185.19      5.04      4.92
     LARGE YELLOW #2 OR BETTER    317.47      8.64      6.74
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 633.82      0.29      0.38
         #1 ESTON                 655.87      0.30      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 $/TONNE) as of Dec 08/2011
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    394.72   398.69   416.99   417.33     -0.1%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    293.83   300.76   314.26   334.17     -6.0%
      -#1DNS PORTLAND       340.05   343.81   353.68   378.41     -6.5%
CORN  -#2 CHICAGO           235.41   231.20   253.07   231.77     +9.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     214.17   206.84   219.54   181.75    +20.8%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          427.97   423.19   467.57   470.24     -0.6%
EXCH RATE Dec 08/2011: US$ in CANADA$ 1.0226  CANADA$ IN US$ 0.9779
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Dec 04/2011
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #18   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    223.2   4,590.2   4,002.5    +14.7%    +13.4%
 DURUM              60.8   1,292.0   1,387.2     -6.9%    +10.0%
 BARLEY              5.0     421.3     501.0    -15.9%     -3.8%
 OATS               21.8     559.4     459.3    +21.8%    +12.2%
 PEAS               27.6     843.7     984.6    -14.3%    -33.6%
 FLAXSEED            3.5      91.8     128.6    -28.6%    -25.7%
 CANOLA            291.7   3,099.2   2,625.6    +18.0%     +1.4%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Dec 07/2011
 CANOLA CRUSH      131.5   2,270.0   2,187.0     +3.8%     +9.3%

U.S. EXPORTS ('000 TONNES) as of Dec 01/2011
 WHEAT             394.5  14,518.9  15,661.2     -7.3%    -24.4%
 BARLEY               .1     121.4      95.8    +26.8%    +25.0%
 CORN              979.1  10,164.1  11,322.9    -10.2%    -12.8%
 SOYBEANS          861.3  11,656.7  17,390.5    -33.0%    -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