Weekly Crop Market Review - April 20, 2012

The next weekly will be published on Friday, April 27, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Apr 20/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAY12        N/A        N/A     235.00      +0.00
        -LETH  JUL12        N/A        N/A     235.00      +0.00
        -LETH  OCT12        N/A        N/A     277.50      +0.00
CANOLA  -SASK  MAY12     624.70     611.00     622.20      -3.70
        -SASK  JUL12     620.60     605.10     616.20      -4.30
        -SASK  OCT12     266.90     259.00     257.00      -9.00

U.S. FUTURES (U.S. $/BUSHEL) as of Apr 20/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAY12   6.28 1/4   6.04 1/4   6.15 3/4  -0.07 3/4
        -CBT   JUL12   6.34       6.09 1/4   6.23      -0.07 1/4
WHEAT   -MINN  MAY12   8.27 1/4   7.89 1/2   7.91      -0.33 1/4
        -MINN  JUL12   8.24 1/2   7.92       7.94 1/4  -0.26 1/4
WHEAT   -KANS  MAY12   6.44       6.24       6.26      -0.17
        -KANS  JUL12   6.52 3/4   6.32 3/4   6.35 1/2  -0.16 1/2
CORN    -CBT   MAY12   6.29       5.99 1/2   6.12 1/2  -0.16 3/4
        -CBT   JUL12   6.19       5.91 3/4   6.03      -0.17 3/4
OATS    -CBT   MAY12   3.27 1/2   3.18 1/2   3.22 1/4  -0.05 1/2
        -CBT   JUL12   3.31 1/4   3.22       3.24 1/4  -0.06 3/4
SOYBEAN -CBT   MAY12  14.54      14.03 3/4  14.46 3/4  +0.10
        -CBT   JUL12  14.58 3/4  14.09 1/2  14.49 1/2  +0.08 3/4
        -CBT   AUG12  14.46      13.98      14.37 1/2  +0.12 3/4
SOYOIL  -CBT   MAY12      56.49      55.00      55.83      -0.69
(/lb)  -CBT   JUL12      56.86      55.42      56.28      -0.59
SOYMEAL -CBT   MAY12     406.00     386.50     406.00     +10.20
($/ton) -CBT   JUL12     409.90     390.00     409.90     +12.10

FEEDMILL BIDS on Apr 16/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           240.00-243.00    235.00-245.00
      -REDDEER        230.00-236.00    235.00-239.00
      -EDMTN          230.00-235.00    224.00-230.00
OATS  -EDMTN          152.00-166.00    160.00-173.00
PEAS - EDMTN          248.00-257.00    254.00-257.00
BARLEY-LETH           247.00-255.00    245.00-248.00
      -MH/BRKS        234.00-243.00    237.00-242.00
      -CALGARY        235.00-241.00    238.00-240.00
      -REDDEER        228.00-234.00    228.00-234.00
      -VERM           227.00-230.00    228.00-232.00
      -EDMTN          222.00-230.00    215.00-222.00
      -GRANDEP        182.00-188.00    182.00-192.00
CANOLA CRUSHER on Apr 18/2012
      -Meal (FOB)        296.79           292.10
      -Seed (DEL)        616.80           625.50

ELEVATOR BIDS on Apr 20/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     208.86           208.86
FEED OATS  -Red Deer     159.51           166.84
FEED BARLEY-Red Deer     213.90           211.22
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       563.36           573.59
CANOLA     -Red Deer     629.14           629.62

SPECIAL CROP CASH BIDS on Apr 19/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           391.87     10.67      7.58
     FEED                         189.41      5.16      4.13
     LARGE YELLOW #2 OR BETTER    320.96      8.73      7.13
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 553.14      0.25      0.35
         #1 ESTON                 661.38      0.30      0.29
 MUSTARD #1 YELLOW                774.37      0.35      0.32
         #1 BROWN                 654.99      0.30      0.28
         #1 ORIENTAL              553.91      0.25      0.27

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Apr 19/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW      N/A      N/A    400.92   417.33     -3.9%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    287.06   295.26   304.75   334.17     -8.8%
      -#1DNS PORTLAND       334.96   341.12   346.40   378.41     -8.5%
CORN  -#2 CHICAGO           237.43   244.70   248.94   231.77     +7.4%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS       N/A    191.84   208.92   181.75    +15.0%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          519.90   528.39   469.51   470.24     -0.2%
EXCH RATE Apr 19/2012: US$ in CANADA$  .9952  CANADA$ IN US$ 1.0048
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Apr 15/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #37   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    374.9   9,766.3   8,131.7    +20.1%    +15.0%
 DURUM              46.2   2,441.7   2,397.4     +1.8%     +3.9%
 BARLEY              7.4     924.2   1,055.9    -12.5%    -19.8%
 OATS               11.9     863.6     792.0     +9.0%    +12.0%
 PEAS               N/A    1,249.9   1,885.3    -33.7%    -33.6%
 FLAXSEED           11.3     171.2     214.2    -20.1%    -25.7%
 CANOLA            141.2   6,750.0   5,095.1    +32.5%     +5.6%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Apr 18/2012
 CANOLA CRUSH      141.8   4,958.4   4,285.4    +15.7%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Apr 12/2012
 WHEAT             700.7  23,692.7  28,978.6    -18.2%    -22.4%
 BARLEY             N/A      138.2     115.4    +19.7%    +25.0%
 CORN            1,089.1  25,988.7  27,566.2     -5.7%     -7.4%
 SOYBEANS          491.6  28,838.6  36,450.3    -20.9%    -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