Weekly Crop Market Review - April 13, 2012

The next weekly will be published on Friday, April 20, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 13/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAY12        N/A        N/A     235.00      +5.00
        -LETH  JUL12        N/A        N/A     235.00      +5.00
        -LETH  OCT12        N/A        N/A     277.50      +2.50
CANOLA  -SASK  MAY12     631.20     617.60     625.90      +4.30
        -SASK  JUL12     627.30     613.70     620.50      +3.40
        -SASK  OCT12     270.00     265.30     266.00      -4.00

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 13/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY12   6.53 1/4   6.18 1/2   6.23 1/2  -0.15
        -CBT   JUL12   6.58       6.25 3/4   6.30 1/4  -0.16
WHEAT   -MINN  MAY12   8.50 1/2   8.21 1/4   8.24 1/4  -0.21 3/4
        -MINN  JUL12   8.43 1/2   8.17       8.20 1/2  -0.18 1/2
WHEAT   -KANS  MAY12   6.68 1/2   6.37 1/2   6.43      -0.19
        -KANS  JUL12   6.78       6.46 1/2   6.52      -0.20
CORN    -CBT   MAY12   6.64 1/4   6.24 1/4   6.29 1/4  -0.29
        -CBT   JUL12   6.57 1/2   6.16       6.20 3/4  -0.31 1/2
OATS    -CBT   MAY12   3.42       3.25 1/2   3.27 3/4  -0.09 1/4
        -CBT   JUL12   3.39       3.27       3.31      -0.04 1/2
SOYBEAN -CBT   MAY12  14.52 1/4  14.15      14.36 3/4  +0.02 3/4
        -CBT   JUL12  14.53 1/4  14.16 3/4  14.40 3/4  +0.03
        -CBT   AUG12  14.41 3/4  14.08      14.24 3/4  -0.04 1/2
SOYOIL  -CBT   MAY12      57.45      56.22      56.52      -0.12
(/lb)  -CBT   JUL12      57.80      56.61      56.87      -0.16
SOYMEAL -CBT   MAY12     397.40     385.60     395.80      +3.90
($/ton) -CBT   JUL12     399.30     386.90     397.80      +4.10

FEEDMILL BIDS on Apr 09/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       235.00-240.00
      -REDDEER             N/A       218.00-226.00
      -EDMTN               N/A       222.00-230.00
OATS  -EDMTN               N/A       162.00-174.00
PEAS - EDMTN               N/A       252.00-257.00
BARLEY-LETH                N/A       240.00-245.00
      -MH/BRKS             N/A       233.00-235.00
      -CALGARY             N/A       230.00-238.00
      -REDDEER             N/A       224.00-228.00
      -VERM                N/A       229.00-231.00
      -EDMTN               N/A       212.00-218.00
      -GRANDEP             N/A       178.00-189.00
CANOLA CRUSHER on Apr 11/2012
      -Meal (FOB)        292.10           299.65
      -Seed (DEL)        625.50           626.70

ELEVATOR BIDS on Apr 13/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     208.86           208.86
FEED OATS  -Red Deer     166.84           167.98
FEED BARLEY-Red Deer     211.22           201.93
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       573.59           573.59
CANOLA     -Red Deer     629.62           627.49

SPECIAL CROP CASH BIDS on Apr 12/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           387.28     10.54      7.44
     FEED                         184.82      5.03      4.89
     LARGE YELLOW #2 OR BETTER    318.57      8.67      7.18
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 552.70      0.25      0.36
         #1 ESTON                 686.63      0.31      0.29
 MUSTARD #1 YELLOW                774.37      0.35      0.31
         #1 BROWN                 654.99      0.30      0.27
         #1 ORIENTAL              603.91      0.27      0.26

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Apr 12/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW      N/A    380.62   400.92   417.33     -3.9%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    295.26     N/A    305.30   334.17     -8.6%
      -#1DNS PORTLAND       341.12     N/A    346.80   378.41     -8.4%
CORN  -#2 CHICAGO           244.70   252.06   249.25   231.77     +7.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     191.84   193.90   208.92   181.75    +15.0%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          528.39   520.17   468.15   470.24     -0.4%
EXCH RATE Apr 12/2012: US$ in CANADA$  .9945  CANADA$ IN US$ 1.0055
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Apr 08/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #36   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    286.8   9,391.4   7,837.2    +19.8%    +15.0%
 DURUM              77.7   2,395.5   2,346.0     +2.1%     +3.9%
 BARLEY             35.9     916.8   1,055.8    -13.2%    -19.8%
 OATS                8.9     851.7     760.0    +12.1%    +12.0%
 PEAS               35.3   1,249.9   1,817.5    -31.2%    -33.6%
 FLAXSEED            2.6     159.9     213.8    -25.2%    -25.7%
 CANOLA            190.0   6,608.8   4,965.8    +33.1%     +5.6%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Apr 11/2012
 CANOLA CRUSH      148.7   4,816.7   4,163.1    +15.7%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Apr 05/2012
 WHEAT             479.1  22,989.1  27,943.2    -17.7%    -22.4%
 BARLEY               .2     138.2     115.2    +19.9%    +25.0%
 CORN              593.5  24,806.9  26,575.4     -6.7%     -7.4%
 SOYBEANS          718.4  28,306.1  36,015.8    -21.4%    -14.1%

NOPA SOYBEAN Month Ending: Feb 29/2012
 SOYBEAN CRUSH   3,710.8  22,244.5  22,880.0     -2.8%     -1.1%
* From Canadian Grain Commission Calendar