Weekly Crop Market Review - January 13, 2011

The next weekly will be published on Friday, January 20, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 13/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR12     212.00     212.00     212.00      -5.00
        -LETH  MAY12     215.00     215.00     215.00      -9.00
        -LETH  JUL12     220.00     220.00     220.00      -4.00
CANOLA  -SASK  MAR12     534.00     508.70     515.10      -8.30
        -SASK  MAY12     539.50     512.00     519.20      -9.60
        -SASK  JUL12     543.60     514.90     521.90     -10.80

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 13/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR12   6.48 3/4   5.92       6.02 1/4  -0.22 1/2
        -CBT   MAY12   6.68       6.12 3/4   6.24 1/4  -0.19 1/2
WHEAT   -MINN  MAR12   8.29 3/4   7.92 1/2   8.01 1/4  +0.00 1/4
        -MINN  MAY12   8.17 3/4   7.83       7.85 3/4  -0.07
WHEAT   -KANS  MAR12   7.08 3/4   6.58 3/4   6.70      -0.10
        -KANS  MAY12   7.16 1/4   6.67 3/4   6.79 1/4  -0.09 1/4
CORN    -CBT   MAR12   6.63       5.98 1/2   5.99 1/2  -0.44
        -CBT   MAY12   6.69 3/4   6.05 1/4   6.06 1/2  -0.44 1/4
OATS    -CBT   MAR12   3.02 1/4   2.78 1/2   2.82 1/2  -0.04 3/4
        -CBT   MAY12   3.05 3/4   2.81 1/2   2.83      -0.08 1/2
SOYBEAN -CBT   MAR12  12.37      11.50      11.58 1/4  -0.38 1/4
        -CBT   MAY12  12.46 1/4  11.60      11.67 3/4  -0.38 1/4
        -CBT   JUL12  12.54 1/4  11.70 1/2  11.77 3/4  -0.36 3/4
SOYOIL  -CBT   MAR12      52.55      50.16      50.29      -0.83
(/lb)  -CBT   MAY12      52.93      50.57      50.70      -0.80
SOYMEAL -CBT   MAR12     324.50     296.40     301.50     -10.90
($/ton) -CBT   MAY12     326.80     299.60     304.50     -10.40

FEEDMILL BIDS on Jan 09/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           206.00-213.00    208.00-212.00
      -REDDEER        192.00-200.00    196.00-202.00
      -EDMTN          192.00-200.00    195.00-202.00
OATS  -EDMTN          140.00-162.00    165.00-173.00
PEAS - EDMTN          237.00-246.00    236.00-245.00
BARLEY-LETH           208.00-212.00    210.00-212.00
      -MH/BRKS        198.00-206.00    203.00-208.00
      -CALGARY        198.00-205.00    200.00-203.00
      -REDDEER        188.00-195.00    182.00-190.00
      -VERM           194.00-198.00    184.00-192.00
      -EDMTN          184.00-193.00    180.00-186.00
      -GRANDEP        168.00-178.00    156.00-165.00
CANOLA CRUSHER on Jan 11/2012
      -Meal (FOB)        246.17           254.10
      -Seed (DEL)        507.60           510.60

ELEVATOR BIDS on Jan 13/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     187.80           181.70
FEED OATS  -Red Deer     157.28             N/A
FEED BARLEY-Red Deer     176.72           183.68
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       503.52           492.49
CANOLA     -Red Deer     505.56           514.34

SPECIAL CROP CASH BIDS on Jan 12/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           327.02      8.90      7.44
     FEED                         185.00      5.04      5.73
     LARGE YELLOW #2 OR BETTER    301.12      8.20      6.98
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 574.05      0.26      0.36
         #1 ESTON                 583.78      0.26      0.30
 MUSTARD #1 YELLOW                768.86      0.35      0.23
         #1 BROWN                 677.04      0.31      0.19
         #1 ORIENTAL              570.44      0.26      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 12/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    391.56   399.60   414.06   417.33     -0.8%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    289.23   292.08   310.43   334.17     -7.1%
      -#1DNS PORTLAND       330.95   334.95   350.67   378.41     -7.3%
CORN  -#2 CHICAGO           238.73   251.75   250.99   231.77     +8.3%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     207.66   207.82   217.97   181.75    +19.9%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          440.57   449.91   461.45   470.24     -1.9%
EXCH RATE Jan 12/2012: US$ in CANADA$ 1.0183  CANADA$ IN US$ 0.9820
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jan 08/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #23   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    114.2   5,830.6   5,083.1    +14.7%    +13.4%
 DURUM              55.1   1,537.9   1,728.5    -11.0%    +10.0%
 BARLEY             57.4     545.0     723.1    -24.6%     -3.8%
 OATS                8.1     670.7     577.5    +16.1%    +12.2%
 PEAS                 .5   1,008.5   1,161.2    -13.2%    -33.6%
 FLAXSEED            2.5     111.9     180.0    -37.8%    -25.7%
 CANOLA            125.1   3,995.0   3,203.9    +24.7%     +1.4%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jan 11/2012
 CANOLA CRUSH      139.9   2,959.6   2,638.5    +12.2%     +9.3%

U.S. EXPORTS ('000 TONNES) as of Jan 05/2012
 WHEAT             293.5  16,515.5  18,558.7    -11.0%    -26.3%
 BARLEY               .2     121.9      97.4    +25.2%    +25.0%
 CORN              861.1  14,782.1  15,273.4     -3.2%    -10.1%
 SOYBEANS          870.1  16,341.5  22,988.3    -28.9%    -15.1%

NOPA SOYBEAN Month Ending: Nov 30/2011
 SOYBEAN CRUSH   3,844.9  10,689.3  11,584.1     -7.7%     -2.0%
* From Canadian Grain Commission Calendar