Weekly Crop Market Review - March 30, 2012

The next weekly will be published on Thursday, April 5, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Mar 30/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAY12        N/A        N/A     229.00      +5.00
        -LETH  JUL12        N/A        N/A     232.00      +5.00
        -LETH  OCT12        N/A        N/A     275.00      +5.00
CANOLA  -SASK  MAY12     624.50     598.50     622.50     +24.00
        -SASK  JUL12     621.90     596.80     619.90     +23.10
        -SASK  OCT12     270.00     268.50     270.00     +10.40

U.S. FUTURES (U.S. $/BUSHEL) as of Mar 30/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY12   6.70 1/2   6.11 1/4   6.60 3/4  +0.06 1/2
        -CBT   JUL12   6.80 1/4   6.26 1/4   6.74      +0.09 1/2
WHEAT   -MINN  MAY12   8.44       7.84 3/4   8.37 1/2  +0.20 1/4
        -MINN  JUL12   8.40       7.80       8.33 1/2  +0.22
WHEAT   -KANS  MAY12   7.08       6.51 1/4   6.97 1/2  +0.03
        -KANS  JUL12   7.16       6.61       7.07      +0.04 3/4
CORN    -CBT   MAY12   6.56       6.03       6.44      -0.02 1/2
        -CBT   JUL12   6.52 3/4   6.02 1/2   6.43 1/4  -0.01 1/4
OATS    -CBT   MAY12   3.50       3.31       3.41 1/4  +0.08 1/4
        -CBT   JUL12   3.45       3.26 1/2   3.42      +0.15
SOYBEAN -CBT   MAY12  14.16      13.51      14.03      +0.37 1/4
        -CBT   JUL12  14.22      13.56      14.08 1/4  +0.36 1/2
        -CBT   AUG12  14.13      13.47      14.00 1/2  +0.37 3/4
SOYOIL  -CBT   MAY12      55.82      53.59      55.10      +0.22
(¢/lb)  -CBT   JUL12      56.21      54.01      55.51      +0.22
SOYMEAL -CBT   MAY12     394.30     372.40     388.70     +15.70
($/ton) -CBT   JUL12     394.50     373.50     389.70     +15.80

FEEDMILL BIDS on Mar 26/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           235.00-238.00    229.00-238.00
      -REDDEER        220.00-228.00    218.00-224.00
      -EDMTN          220.00-225.00    220.00-224.00
OATS  -EDMTN          156.00-165.00    156.00-167.00
PEAS - EDMTN          246.00-254.00    234.00-247.00
BARLEY-LETH           235.00-240.00    234.00-236.00
      -MH/BRKS        230.00-235.00    229.00-232.00
      -CALGARY        228.00-232.00    228.00-232.00
      -REDDEER        222.00-226.00    220.00-224.00
      -VERM           222.00-225.00    219.00-221.00
      -EDMTN          210.00-215.00    210.00-215.00
      -GRANDEP        176.00-186.00    176.00-187.00
CANOLA CRUSHER on Mar 28/2012
      -Meal (FOB)        280.33           269.78
      -Seed (DEL)        607.77           588.83

ELEVATOR BIDS on Mar 30/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     200.44           199.05
FEED OATS  -Red Deer     169.89           169.62
FEED BARLEY-Red Deer     200.43           193.77
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       553.51           553.51
CANOLA     -Red Deer     621.23           601.05

SPECIAL CROP CASH BIDS on Mar 29/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           365.23      9.94      7.44
     FEED                         189.41      5.16      3.94
     LARGE YELLOW #2 OR BETTER    326.29      8.88      6.91
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 547.18      0.25      0.37
         #1 ESTON                 672.85      0.31      0.30
 MUSTARD #1 YELLOW                774.37      0.35      0.30
         #1 BROWN                 654.99      0.30      0.28
         #1 ORIENTAL              553.91      0.25      0.26

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 29/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    360.18   363.01   401.50   417.33     -3.8%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    298.84   296.44   305.62   334.17     -8.5%
      -#1DNS PORTLAND       345.54   339.60   347.00   378.41     -8.3%
CORN  -#2 CHICAGO           232.09   248.73   249.30   231.77     +7.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     198.31   198.91   209.84   181.75    +15.5%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          498.25   498.46   464.94   470.24     -1.1%
EXCH RATE Mar 29/2012: US$ in CANADA$  .9967  CANADA$ IN US$ 1.0033
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Mar 25/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #34   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    295.5   8,804.2   7,434.5    +18.4%    +15.0%
 DURUM              41.2   2,226.0   2,206.9     +0.9%     +3.9%
 BARLEY             15.6     850.5   1,001.6    -15.1%    -19.8%
 OATS                2.8     834.3     719.0    +16.0%    +12.0%
 PEAS               N/A    1,160.5   1,747.2    -33.6%    -33.6%
 FLAXSEED            2.2     155.9     209.5    -25.6%    -25.7%
 CANOLA            157.7   6,274.1   4,711.3    +33.2%     +5.6%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Mar 28/2012
 CANOLA CRUSH      151.5   4,525.2   3,937.0    +14.9%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Mar 22/2012
 WHEAT             418.0  22,078.1  26,357.6    -16.2%    -22.4%
 BARLEY              5.3     136.4     113.6    +20.1%    +25.0%
 CORN              564.3  23,360.8  24,505.2     -4.7%     -7.4%
 SOYBEANS          678.0  26,769.9  34,724.0    -22.9%    -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