Weekly Crop Market Review - January 27, 2012

The next weekly will be published on Friday, February 03, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 27/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR12        N/A        N/A     212.00      +0.00
        -LETH  MAY12     216.00     216.00     216.00      +1.00
        -LETH  JUL12        N/A        N/A     220.00      +0.00
CANOLA  -SASK  MAR12     530.70     522.20     524.40      +4.50
        -SASK  MAY12     536.10     523.40     531.30      +7.80
        -SASK  JUL12     536.70     526.60     531.50      +8.60

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 27/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR12   6.58 1/4   6.13 1/2   6.47 1/4  +0.36 3/4
        -CBT   MAY12   6.70 1/4   6.29 1/4   6.61 3/4  +0.33 1/4
WHEAT   -MINN  MAR12   8.35       7.98 1/2   8.26 1/4  +0.27 1/2
        -MINN  MAY12   8.19 3/4   7.81 1/2   8.11 1/4  +0.29 3/4
WHEAT   -KANS  MAR12   7.10 1/4   6.67 3/4   7.00      +0.33
        -KANS  MAY12   7.18 1/2   6.77       7.08 3/4  +0.33
CORN    -CBT   MAR12   6.45 3/4   6.12       6.41 3/4  +0.30 1/4
        -CBT   MAY12   6.51       6.17 3/4   6.47 1/2  +0.30 3/4
OATS    -CBT   MAR12   3.06 1/2   2.92       2.98 3/4  +0.04 1/4
        -CBT   MAY12   3.08 1/2   2.95 1/4   3.00 1/2  +0.05
SOYBEAN -CBT   MAR12  12.31      11.92      12.19      +0.32
        -CBT   MAY12  12.40      12.00 3/4  12.28 1/2  +0.33
        -CBT   JUL12  12.49 1/4  12.10 1/4  12.38 1/4  +0.33 3/4
SOYOIL  -CBT   MAR12      52.00      50.55      51.59      +1.16
(/lb)  -CBT   MAY12      52.42      51.02      52.02      +1.16
SOYMEAL -CBT   MAR12     327.30     314.70     322.20     +10.30
($/ton) -CBT   MAY12     329.00     317.10     323.90     +10.00

FEEDMILL BIDS on Jan 23/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       208.00-212.00
      -REDDEER             N/A       192.00-197.00
      -EDMTN               N/A       190.00-194.00
OATS  -EDMTN               N/A       147.00-158.00
PEAS - EDMTN               N/A       248.00-252.00
BARLEY-LETH                N/A       209.00-210.00
      -MH/BRKS             N/A       203.00-206.00
      -CALGARY             N/A       200.00-202.00
      -REDDEER             N/A       188.00-192.00
      -VERM                N/A       192.00-196.00
      -EDMTN               N/A       188.00-193.00
      -GRANDEP             N/A       173.00-178.00
CANOLA CRUSHER on Jan 25/2012
      -Meal (FOB)        251.03           244.67
      -Seed (DEL)        511.60           511.83

ELEVATOR BIDS on Jan 27/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     181.88           184.38
FEED OATS  -Red Deer     153.22           146.15
FEED BARLEY-Red Deer     180.22           180.22
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       503.52           503.52
CANOLA     -Red Deer     522.37           510.28

SPECIAL CROP CASH BIDS on Jan 26/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           335.29      9.13      7.44
     FEED                         185.37      5.05      5.73
     LARGE YELLOW #2 OR BETTER    304.61      8.29      7.31
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 586.54      0.27      0.37
         #1 ESTON                 593.26      0.27      0.30
 MUSTARD #1 YELLOW                784.51      0.36      0.24
         #1 BROWN                 673.29      0.31      0.21
         #1 ORIENTAL              511.14      0.23      0.23

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 26/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW      N/A    378.36   412.63   417.33     -1.1%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS      N/A    283.92   309.28   334.17     -7.5%
      -#1DNS PORTLAND         N/A    326.29   349.51   378.41     -7.6%
CORN  -#2 CHICAGO             N/A    238.31   250.48   231.77     +8.1%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS       N/A    189.53   216.83   181.75    +19.3%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS            N/A    444.28   460.76   470.24     -2.0%
EXCH RATE Jan 26/2012: US$ in CANADA$       N/A
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jan 22/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #25   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    240.4   6,411.9   5,453.5    +17.6%    +13.4%
 DURUM              39.3   1,669.5   1,809.6     -7.7%    +10.0%
 BARLEY              8.6     587.2     773.2    -24.1%     -3.8%
 OATS               13.4     740.8     619.3    +19.6%    +12.2%
 PEAS               22.0   1,041.3   1,241.7    -16.1%    -33.6%
 FLAXSEED            2.7     115.9     184.9    -37.3%    -25.7%
 CANOLA            139.0   4,491.2   3,494.1    +28.5%     +1.4%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jan 25/2012
 CANOLA CRUSH      130.0   3,214.6   2,865.1    +12.2%     +9.3%

U.S. EXPORTS ('000 TONNES) as of Jan 19/2012
 WHEAT             465.5  17,346.5  19,895.0    -12.8%    -26.3%
 BARLEY               .2     122.1      98.1    +24.4%    +25.0%
 CORN              894.1  16,191.4  16,551.7     -2.2%    -10.1%
 SOYBEANS          970.7  18,392.3  25,461.7    -27.8%    -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