Weekly Crop Market Review -March 16, 2012

The next weekly will be published on Friday, March 23, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Mar 16/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAY12        N/A        N/A     224.00      +0.00
        -LETH  JUL12        N/A        N/A     227.00      +0.00
        -LETH  OCT12        N/A        N/A     265.50      +0.00
CANOLA  -SASK  MAY12     601.70     581.30     599.80     +15.30
        -SASK  JUL12     601.10     582.90     598.90     +13.40
        -SASK  OCT12        N/A        N/A     260.60      +0.10

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 16/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY12   6.73       6.38       6.72      +0.29
        -CBT   JUL12   6.78 1/2   6.48 3/4   6.77 1/4  +0.23 3/4
WHEAT   -MINN  MAY12   8.26       8.00 1/4   8.22 3/4  +0.17 3/4
        -MINN  JUL12   8.22 1/2   7.97       8.17 1/4  +0.16 1/4
WHEAT   -KANS  MAY12   7.09 3/4   6.80       7.05 1/2  +0.21 1/2
        -KANS  JUL12   7.17 1/2   6.88 1/2   7.13 1/2  +0.21
CORN    -CBT   MAY12   6.73 3/4   6.41 3/4   6.73      +0.28
        -CBT   JUL12   6.71       6.40       6.70 1/4  +0.26 1/4
OATS    -CBT   MAY12   3.41       2.87 1/2   3.34 1/4  +0.46 3/4
        -CBT   JUL12   3.25       2.86       3.23 1/4  +0.40 3/4
SOYBEAN -CBT   MAY12  13.77 1/2  13.31 1/4  13.74      +0.36 1/4
        -CBT   JUL12  13.83 3/4  13.38 3/4  13.80 3/4  +0.36
        -CBT   AUG12  13.72 1/4  13.32      13.69 1/4  +0.31 3/4
SOYOIL  -CBT   MAY12      55.70      53.92      55.50      +1.23
(/lb)  -CBT   JUL12      56.07      54.34      55.89      +1.22
SOYMEAL -CBT   MAY12     374.40     360.20     374.40     +11.70
($/ton) -CBT   JUL12     375.70     361.70     375.70     +11.60

FEEDMILL BIDS on Mar 12/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       225.00-231.00
      -REDDEER             N/A       216.00-220.00
      -EDMTN               N/A       212.00-218.00
OATS  -EDMTN               N/A       174.00-182.00
PEAS - EDMTN               N/A       253.00-258.00
BARLEY-LETH                N/A       225.00-227.00
      -MH/BRKS             N/A       221.00-225.00
      -CALGARY             N/A       220.00-225.00
      -REDDEER             N/A       212.00-218.00
      -VERM                N/A       213.00-218.00
      -EDMTN               N/A       194.00-203.00
      -GRANDEP             N/A       184.00-192.00
CANOLA CRUSHER on Mar 14/2012
      -Meal (FOB)        269.92           269.80
      -Seed (DEL)        587.03           572.93

ELEVATOR BIDS on Mar 16/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     197.94           190.37
FEED OATS  -Red Deer     154.41           156.58
FEED BARLEY-Red Deer     191.27           189.22
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       543.28           529.50
CANOLA     -Red Deer     603.51           568.53

SPECIAL CROP CASH BIDS on Mar 15/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           334.00      9.09      7.44
     FEED                         176.37      4.80      4.70
     LARGE YELLOW #2 OR BETTER    318.94      8.68      7.07
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 540.13      0.24      0.38
         #1 ESTON                 645.73      0.29      0.30
 MUSTARD #1 YELLOW                777.12      0.35      0.30
         #1 BROWN                 648.59      0.29      0.28
         #1 ORIENTAL              534.62      0.24      0.26

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 15/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    368.15   373.74   403.92   417.33     -3.2%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    297.86   292.43   306.17   334.17     -8.4%
      -#1DNS PORTLAND       341.06   335.58   347.34   378.41     -8.2%
CORN  -#2 CHICAGO           256.44   242.69   249.84   231.77     +7.8%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     197.42   193.92   210.52   181.75    +15.8%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          501.47   489.80   462.92   470.24     -1.6%
EXCH RATE Mar 15/2012: US$ in CANADA$  .9922  CANADA$ IN US$ 1.0079
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Mar 11/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #32   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    259.8   8,180.9   6,807.8    +20.2%    +15.0%
 DURUM              19.2   2,139.3   2,135.8     +0.2%     +3.9%
 BARLEY             32.8     755.0     930.9    -18.9%    -19.8%
 OATS               16.3     822.2     693.8    +18.5%    +12.0%
 PEAS               55.7   1,185.0   1,623.2    -27.0%    -33.6%
 FLAXSEED            1.1     153.4     207.7    -26.1%    -25.7%
 CANOLA            219.2   5,863.6   4,438.9    +32.1%     +5.6%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Mar 14/2012
 CANOLA CRUSH      150.3   4,225.4   3,683.8    +14.7%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Mar 08/2012
 WHEAT             859.9  21,079.8  24,838.7    -15.1%    -24.4%
 BARLEY              1.0     131.1     112.3    +16.7%    +25.0%
 CORN              920.7  22,147.6  22,599.0     -2.0%     -7.4%
 SOYBEANS          714.3  25,428.5  33,060.7    -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