Weekly Crop Market Review - March 9, 2012

The next weekly will be published on Friday, March 16, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Mar 09/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAY12        N/A        N/A     224.00      +4.00
        -LETH  JUL12        N/A        N/A     227.00      +4.00
        -LETH  OCT12        N/A        N/A     265.50      -0.40
CANOLA  -SASK  MAY12     585.80     571.20     584.50     +14.00
        -SASK  JUL12     586.60     571.40     585.50     +13.70
        -SASK  OCT12        N/A        N/A     260.50      +0.00

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 09/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY12   6.77 3/4   6.33 1/2   6.43      -0.31 1/2
        -CBT   JUL12   6.88 3/4   6.45       6.53 1/2  -0.32 3/4
WHEAT   -MINN  MAY12   8.44 1/2   8.00       8.05      -0.26 1/2
        -MINN  JUL12   8.35 1/4   7.97 3/4   8.01      -0.24 3/4
WHEAT   -KANS  MAY12   7.24 1/4   6.75       6.84      -0.35
        -KANS  JUL12   7.32 1/2   6.83       6.92 1/2  -0.35
CORN    -CBT   MAY12   6.65 1/4   6.31 3/4   6.45      -0.10
        -CBT   JUL12   6.65 3/4   6.32 1/2   6.44      -0.12 1/4
OATS    -CBT   MAY12   3.14       2.81 1/2   2.87 1/2  -0.18 1/4
        -CBT   JUL12   3.11       2.79       2.82 1/2  -0.22 1/4
SOYBEAN -CBT   MAY12  13.55 1/2  13.15 1/4  13.37 3/4  +0.04 3/4
        -CBT   JUL12  13.61 1/2  13.23      13.44 3/4  +0.04 1/2
        -CBT   AUG12  13.51 3/4  13.16      13.37 1/2  +0.07
SOYOIL  -CBT   MAY12      54.49      52.88      54.27      +0.19
(/lb)  -CBT   JUL12      54.88      53.30      54.67      +0.19
SOYMEAL -CBT   MAY12     370.50     355.60     362.70      +3.60
($/ton) -CBT   JUL12     370.90     356.50     364.10      +4.20

FEEDMILL BIDS on Mar 05/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       218.00-223.00
      -REDDEER             N/A       198.00-210.00
      -EDMTN               N/A       205.00-211.00
OATS  -EDMTN               N/A       172.00-179.00
PEAS - EDMTN               N/A       244.00-252.00
BARLEY-LETH                N/A       215.00-220.00
      -MH/BRKS             N/A       213.00-216.00
      -CALGARY             N/A       213.00-215.00
      -REDDEER             N/A       200.00-207.00
      -VERM                N/A       203.00-206.00
      -EDMTN               N/A       190.00-195.00
      -GRANDEP             N/A       166.00-174.00
CANOLA CRUSHER on Mar 07/2012
      -Meal (FOB)        269.80           272.33
      -Seed (DEL)        572.93           570.53

ELEVATOR BIDS on Mar 09/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     190.37           187.80
FEED OATS  -Red Deer     156.58           159.04
FEED BARLEY-Red Deer     189.22           186.73
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       529.50           512.57
CANOLA     -Red Deer     568.53           562.24

SPECIAL CROP CASH BIDS on Mar 08/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           311.04      8.47      7.46
     FEED                         187.58      5.11      5.73
     LARGE YELLOW #2 OR BETTER    317.28      8.64      7.40
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 546.85      0.25      0.38
         #1 ESTON                 624.79      0.28      0.31
 MUSTARD #1 YELLOW                774.37      0.35      0.29
         #1 BROWN                 662.26      0.30      0.27
         #1 ORIENTAL              542.89      0.25      0.26

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 08/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    373.74   366.43   405.04   417.33     -2.9%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    292.43   297.41   306.47   334.17     -8.3%
      -#1DNS PORTLAND       335.58   339.26   347.59   378.41     -8.1%
CORN  -#2 CHICAGO           242.69   249.57   249.64   231.77     +7.7%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     193.92   184.75   210.92   181.75    +16.1%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          489.80   480.17   461.71   470.24     -1.8%
EXCH RATE Mar 08/2012: US$ in CANADA$  .9911  CANADA$ IN US$ 1.0090
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Mar 04/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #31   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    244.5   7,921.1   6,630.0    +19.5%    +15.0%
 DURUM              41.5   2,120.1   2,094.1     +1.2%     +3.9%
 BARLEY              9.2     722.2     923.4    -21.8%    -19.8%
 OATS               26.5     805.9     674.1    +19.6%    +12.0%
 PEAS                 .4   1,129.3   1,585.9    -28.8%    -33.6%
 FLAXSEED           23.1     152.3     207.4    -26.6%    -25.7%
 CANOLA            123.2   5,644.4   4,389.2    +28.6%     +5.6%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Mar 07/2012
 CANOLA CRUSH      144.7   4,075.1   3,563.7    +14.3%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Mar 01/2012
 WHEAT             460.1  20,204.4  24,061.2    -16.0%    -24.4%
 BARLEY              1.9     130.2     111.2    +17.0%    +25.0%
 CORN              786.9  21,224.2  21,596.5     -1.7%     -7.4%
 SOYBEANS          885.9  24,705.5  32,131.9    -23.1%    -15.1%

NOPA SOYBEAN Month Ending: Jan 31/2012
 SOYBEAN CRUSH   3,886.7  18,533.7  19,481.3     -4.9%     -2.0%
* From Canadian Grain Commission Calendar