Weekly Crop Market Review - January 20, 2011

The next weekly will be published on Friday, January 27, 2011
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 20/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR12        N/A        N/A     212.00      +0.00
        -LETH  MAY12        N/A        N/A     215.00      +0.00
        -LETH  JUL12        N/A        N/A     220.00      +0.00
CANOLA  -SASK  MAR12     527.00     512.00     519.90      +4.80
        -SASK  MAY12     529.90     518.30     523.50      +4.30
        -SASK  JUL12     529.50     520.40     522.90      +1.00

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 20/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR12   6.12       5.97       6.10 1/2  +0.08 1/4
        -CBT   MAY12   6.30       6.12 1/2   6.28 1/2  +0.04 1/4
WHEAT   -MINN  MAR12   8.13 1/2   7.94 3/4   7.98 3/4  -0.02 1/2
        -MINN  MAY12   7.99 1/4   7.78 3/4   7.81 1/2  -0.04 1/4
WHEAT   -KANS  MAR12   6.78 3/4   6.50 1/4   6.67      -0.03
        -KANS  MAY12   6.85 1/2   6.59 1/2   6.75 3/4  -0.03 1/2
CORN    -CBT   MAR12   6.13 3/4   5.92 1/2   6.11 1/2  +0.12
        -CBT   MAY12   6.19       5.99 1/4   6.16 3/4  +0.10 1/4
OATS    -CBT   MAR12   2.97       2.81       2.94 1/2  +0.12
        -CBT   MAY12   2.98       2.82 1/2   2.95 1/2  +0.12 1/2
SOYBEAN -CBT   MAR12  12.04      11.62 3/4  11.87      +0.28 3/4
        -CBT   MAY12  12.10 1/2  11.72 1/4  11.95 1/2  +0.27 3/4
        -CBT   JUL12  12.18 1/4  11.82 3/4  12.04 1/2  +0.26 3/4
SOYOIL  -CBT   MAR12      51.24      50.05      50.43      +0.14
(/lb)  -CBT   MAY12      51.65      50.50      50.86      +0.16
SOYMEAL -CBT   MAR12     317.30     301.50     311.90     +10.40
($/ton) -CBT   MAY12     318.80     304.60     313.90      +9.40

FEEDMILL BIDS on Jan 16/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A         206.00-213.00
      -REDDEER             N/A         192.00-200.00
      -EDMTN               N/A         192.00-200.00
OATS  -EDMTN               N/A         140.00-162.00
PEAS - EDMTN               N/A         237.00-246.00
BARLEY-LETH                N/A         208.00-212.00
      -MH/BRKS             N/A         198.00-206.00
      -CALGARY             N/A         198.00-205.00
      -REDDEER             N/A         188.00-195.00
      -VERM                N/A         194.00-198.00
      -EDMTN               N/A         184.00-193.00
      -GRANDEP             N/A         168.00-178.00
CANOLA CRUSHER on Jan 18/2012
      -Meal (FOB)        244.67           246.17
      -Seed (DEL)        511.83           507.60

ELEVATOR BIDS on Jan 20/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     184.38           187.80
FEED OATS  -Red Deer     146.15           157.28
FEED BARLEY-Red Deer     180.22           176.72
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       503.52           503.52
CANOLA     -Red Deer     510.28           505.56

SPECIAL CROP CASH BIDS on Jan 19/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           327.02      8.90      7.37
     FEED                         185.37      5.05      5.73
     LARGE YELLOW #2 OR BETTER    301.12      8.20      7.07
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 596.46      0.27      0.37
         #1 ESTON                 583.78      0.26      0.30
 MUSTARD #1 YELLOW                790.90      0.36      0.24
         #1 BROWN                 677.04      0.31      0.21
         #1 ORIENTAL              559.42      0.25      0.23

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 19/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    378.36   391.56   412.63   417.33     -1.1%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    283.92   289.23   309.28   334.17     -7.5%
      -#1DNS PORTLAND       326.29   330.95   349.51   378.41     -7.6%
CORN  -#2 CHICAGO           238.31   238.73   250.48   231.77     +8.1%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     189.53   207.66   216.83   181.75    +19.3%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          444.28   440.57   460.76   470.24     -2.0%
EXCH RATE Jan 19/2012: US$ in CANADA$ 1.0114  CANADA$ IN US$ 0.9887
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jan 15/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #24   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    340.9   6,171.5   5,324.6    +15.9%    +13.4%
 DURUM              92.3   1,630.2   1,785.4     -8.7%    +10.0%
 BARLEY             35.7     580.7     758.4    -23.4%     -3.8%
 OATS               47.5     718.2     599.4    +19.8%    +12.2%
 PEAS               10.8   1,019.3   1,226.5    -16.9%    -33.6%
 FLAXSEED            1.3     113.2     180.7    -37.4%    -25.7%
 CANOLA            357.2   4,352.2   3,294.6    +32.1%     +1.4%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jan 18/2012
 CANOLA CRUSH      125.0   3,084.7   2,751.3    +12.1%     +9.3%

U.S. EXPORTS ('000 TONNES) as of Jan 12/2012
 WHEAT             365.5  16,881.0  19,213.9    -12.1%    -26.3%
 BARLEY             N/A      121.9      97.9    +24.5%    +25.0%
 CORN              763.4  15,551.4  15,867.2     -2.0%    -10.1%
 SOYBEANS        1,113.4  17,417.9  24,268.2    -28.2%    -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