Weekly Crop Market Review - February 10, 2012

The next weekly will be published on Friday, February 17, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 10/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR12        N/A        N/A     212.00      +0.00
        -LETH  MAY12        N/A        N/A     217.00      +1.00
        -LETH  JUL12        N/A        N/A     220.00      +0.00
CANOLA  -SASK  MAR12     537.20     525.60     535.30      +9.80
        -SASK  MAY12     541.00     529.20     537.90      +8.50
        -SASK  JUL12     543.80     532.80     540.30      +7.50

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 10/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR12   6.72       6.28 1/4   6.30      -0.30 3/4
        -CBT   MAY12   6.83 1/4   6.35 3/4   6.38      -0.36
WHEAT   -MINN  MAR12   8.46 3/4   8.08 1/2   8.14 1/4  -0.24 1/4
        -MINN  MAY12   8.32 3/4   7.98 1/4   8.03      -0.23 1/4
WHEAT   -KANS  MAR12   7.22 1/2   6.71 1/2   6.73      -0.39 3/4
        -KANS  MAY12   7.29 3/4   6.79 1/2   6.81      -0.40 1/4
CORN    -CBT   MAR12   6.52       6.28 1/4   6.31 3/4  -0.12 3/4
        -CBT   MAY12   6.56       6.32 1/2   6.35 1/2  -0.15 1/4
OATS    -CBT   MAR12   3.34       3.12       3.18      +0.03 3/4
        -CBT   MAY12   3.21       3.06       3.09 1/2  +0.01 1/2
SOYBEAN -CBT   MAR12  12.47 1/2  12.15      12.29      -0.03 1/2
        -CBT   MAY12  12.56      12.23 1/4  12.37 1/2  -0.03 1/4
        -CBT   JUL12  12.65 3/4  12.33      12.47      -0.03 1/4
SOYOIL  -CBT   MAR12      53.08      51.52      52.53      +0.88
(¢/lb)  -CBT   MAY12      53.46      51.97      52.92      +0.84
SOYMEAL -CBT   MAR12     331.00     316.20     320.00      -8.60
($/ton) -CBT   MAY12     332.50     318.90     323.00      -7.20

FEEDMILL BIDS on Feb 06/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       210.00-213.00
      -REDDEER             N/A       196.00-202.00
      -EDMTN               N/A       195.00-200.00
OATS  -EDMTN               N/A       148.00-156.00
PEAS - EDMTN               N/A       248.00-260.00
BARLEY-LETH                N/A       209.00-212.00
      -MH/BRKS             N/A       205.00-209.00
      -CALGARY             N/A       199.00-204.00
      -REDDEER             N/A       188.00-196.00
      -VERM                N/A       194.00-196.00
      -EDMTN               N/A       184.00-190.00
      -GRANDEP             N/A       172.00-184.00
CANOLA CRUSHER on Feb 08/2012
      -Meal (FOB)        256.67           254.36
      -Seed (DEL)        527.53           517.10

ELEVATOR BIDS on Feb 10/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     187.80           184.38
FEED OATS  -Red Deer     167.24           148.02
FEED BARLEY-Red Deer     179.84           183.89
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       503.52           503.52
CANOLA     -Red Deer     535.81           524.07

SPECIAL CROP CASH BIDS on Feb 09/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           331.98      9.03      7.69
     FEED                         185.37      5.05      5.73
     LARGE YELLOW #2 OR BETTER    308.10      8.39      8.08
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 566.14      0.26      0.39
         #1 ESTON                 586.98      0.27      0.32
 MUSTARD #1 YELLOW                784.51      0.36      0.29
         #1 BROWN                 673.29      0.31      0.24
         #1 ORIENTAL              511.14      0.23      0.25

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 09/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    388.72   386.11   409.76   417.33     -1.8%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    292.58   291.63   307.34   334.17     -8.0%
      -#1DNS PORTLAND         N/A    339.01   348.48   378.41     -7.9%
CORN  -#2 CHICAGO           245.38   249.10   250.10   231.77     +7.9%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     200.53   187.32   214.16   181.75    +17.8%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          450.74   448.83   459.62   470.24     -2.3%
EXCH RATE Feb 09/2012: US$ in CANADA$  .9941  CANADA$ IN US$ 1.0059
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Feb 05/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #27   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    308.0   6,991.8   5,954.7    +17.4%    +15.0%
 DURUM             114.0   1,876.4   1,871.7     +0.3%     +3.9%
 BARLEY             45.7     617.1     826.2    -25.3%    -19.8%
 OATS                8.3     738.2     613.6    +20.3%    +12.0%
 PEAS                 .5   1,070.1   1,344.2    -20.4%    -33.6%
 FLAXSEED            1.2     113.9     193.4    -41.1%    -25.7%
 CANOLA            351.6   5,004.6   3,802.4    +31.6%     +5.6%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Feb 08/2012
 CANOLA CRUSH      159.7   3,503.6   3,107.5    +12.7%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Feb 02/2012
 WHEAT             394.8  18,272.3  21,412.2    -14.7%    -24.4%
 BARLEY              1.3     123.9      98.3    +26.0%    +25.0%
 CORN            1,000.5  18,050.4  18,087.2     -0.2%     -7.4%
 SOYBEANS        1,014.9  20,563.9  27,866.0    -26.2%    -15.1%

NOPA SOYBEAN Month Ending: Dec 31/2011
 SOYBEAN CRUSH   3,957.7  14,647.0  15,545.0     -5.8%     -2.0%
* From Canadian Grain Commission Calendar