Weekly Crop Market Review - April 6, 2012

The next weekly will be published on Friday, April 13, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 06/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAY12        N/A        N/A     230.00      +1.00
        -LETH  JUL12        N/A        N/A     230.00      -2.00
        -LETH  OCT12        N/A        N/A     275.00      +0.00
CANOLA  -SASK  MAY12     630.00     614.70     621.60      -0.90
        -SASK  JUL12     627.30     612.10     617.10      -2.80
        -SASK  OCT12        N/A        N/A     270.00      +0.00

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 06/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY12   6.66 1/2   6.35 1/2   6.38 1/2  -0.22 1/4
        -CBT   JUL12   6.79 1/4   6.45       6.46 1/4  -0.27 3/4
WHEAT   -MINN  MAY12   8.58 1/2   8.36 3/4   8.46      +0.08 1/2
        -MINN  JUL12   8.52       8.32       8.39      +0.05 1/2
WHEAT   -KANS  MAY12   7.00 3/4   6.62       6.62      -0.35 1/2
        -KANS  JUL12   7.10       6.71 1/2   6.72      -0.35
CORN    -CBT   MAY12   6.65 3/4   6.46 1/2   6.58 1/4  +0.14 1/4
        -CBT   JUL12   6.59 3/4   6.42       6.52 1/4  +0.09
OATS    -CBT   MAY12   3.45 1/2   3.32       3.37      -0.04 1/4
        -CBT   JUL12   3.43       3.30 1/2   3.35 1/2  -0.06 1/2
SOYBEAN -CBT   MAY12  14.34 1/4  14.06 1/2  14.34      +0.31
        -CBT   JUL12  14.39 1/4  14.11      14.37 3/4  +0.29 1/2
        -CBT   AUG12  14.30 3/4  14.06      14.29 1/4  +0.28 3/4
SOYOIL  -CBT   MAY12      56.68      55.14      56.64      +1.54
(/lb)  -CBT   JUL12      57.08      55.55      57.03      +1.52
SOYMEAL -CBT   MAY12     395.30     385.80     391.90      +3.20
($/ton) -CBT   JUL12     396.50     387.20     393.70      +4.00

FEEDMILL BIDS on Apr 02/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       235.00-238.00
      -REDDEER             N/A       220.00-228.00
      -EDMTN               N/A       220.00-225.00
OATS  -EDMTN               N/A       156.00-165.00
PEAS - EDMTN               N/A       246.00-254.00
BARLEY-LETH                N/A       235.00-240.00
      -MH/BRKS             N/A       230.00-235.00
      -CALGARY             N/A       228.00-232.00
      -REDDEER             N/A       222.00-226.00
      -VERM                N/A       222.00-225.00
      -EDMTN               N/A       210.00-215.00
      -GRANDEP             N/A       176.00-186.00
CANOLA CRUSHER on Apr 04/2012
      -Meal (FOB)        299.65           280.33
      -Seed (DEL)        626.70           607.77

ELEVATOR BIDS on Apr 06/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     208.86           200.44
FEED OATS  -Red Deer     167.98           169.89
FEED BARLEY-Red Deer     201.93           200.43
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       573.59           553.51
CANOLA     -Red Deer     627.49           621.23

SPECIAL CROP CASH BIDS on Apr 05/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           372.76     10.14      7.44
     FEED                         189.41      5.16      4.89
     LARGE YELLOW #2 OR BETTER    320.41      8.72      7.18
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 549.94      0.25      0.36
         #1 ESTON                 680.67      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 $/TONNE) as of Apr 05/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    380.62   360.18   400.92   417.33     -3.9%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS      N/A    298.84   305.62   334.17     -8.5%
      -#1DNS PORTLAND         N/A    345.54   347.00   378.41     -8.3%
CORN  -#2 CHICAGO           252.72   232.09   249.40   231.77     +7.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     194.41   198.31   209.41   181.75    +15.2%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          521.53   498.25   466.52   470.24     -0.8%
EXCH RATE Apr 05/2012: US$ in CANADA$  .9964  CANADA$ IN US$ 1.0036
* #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 Apr 04/2012
 CANOLA CRUSH       N/A      N/A     4,045.7   -100.0%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Mar 29/2012
 WHEAT             418.9  22,497.2  27,160.2    -17.2%    -22.4%
 BARLEY              1.6     138.0     114.7    +20.3%    +25.0%
 CORN              787.2  24,212.4  25,531.5     -5.2%     -7.4%
 SOYBEANS          785.3  27,567.6  35,392.7    -22.1%    -15.1%

NOPA SOYBEAN Month Ending: Feb 29/2012
 SOYBEAN CRUSH   3,710.8  22,244.5  22,880.0     -2.8%     -2.0%
* From Canadian Grain Commission Calendar