Weekly Crop Market Review - May 4, 2012

The next weekly will be published on Friday, May 11, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of May 04/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  JUL12        N/A        N/A     237.00      +0.00
        -LETH  OCT12        N/A        N/A     276.10      -1.40
        -LETH  DEC12     282.00     282.00     280.60      -1.40
CANOLA  -SASK  JUL12     640.00     616.90     621.80     -17.00
        -SASK  OCT12        N/A        N/A     248.00      -4.00
        -SASK  NOV12     588.30     571.00     577.20      -2.60

U.S. FUTURES (U.S. $/BUSHEL) as of May 04/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL12   6.55 1/2   5.99 1/2   6.09 1/2  -0.40 1/2
        -CBT   SEP12   6.68       6.15 3/4   6.24 1/4  -0.38 1/2
WHEAT   -MINN  JUL12   7.86 1/2   7.33       7.44      -0.34 3/4
        -MINN  SEP12   7.85       7.36       7.45      -0.33 1/2
WHEAT   -KANS  JUL12   6.63       6.19       6.27      -0.32
        -KANS  SEP12   6.78       6.35       6.42 3/4  -0.32
CORN    -CBT   JUL12   6.34 3/4   6.04       6.20 1/4  -0.05 1/4
        -CBT   SEP12   5.62 1/4   5.22 1/4   5.35 1/4  -0.15 3/4
OATS    -CBT   JUL12   3.50       3.29       3.40      -0.01 3/4
        -CBT   SEP12   3.49 1/2   3.40       3.43 3/4  -0.01
SOYBEAN -CBT   JUL12  15.12 1/2  14.58      14.78 1/4  -0.15 1/4
        -CBT   AUG12  14.92      14.39      14.58 1/4  -0.08 1/2
        -CBT   SEP12  14.34 1/2  13.85 1/4  13.98 1/4  -0.11 3/4
SOYOIL  -CBT   JUL12      55.66      53.41      53.65      -1.88
(/lb)  -CBT   AUG12      55.85      53.62      53.85      -1.86
SOYMEAL -CBT   JUL12     437.60     424.20     432.60      +4.20
($/ton) -CBT   AUG12     429.90     415.00     422.50      +4.50

FEEDMILL BIDS on Apr 30/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       243.00-247.00
      -REDDEER             N/A       232.00-238.00
      -EDMTN               N/A       232.00-236.00
OATS  -EDMTN               N/A       154.00-168.00
PEAS - EDMTN               N/A       248.00-254.00
BARLEY-LETH                N/A       252.00-255.00
      -MH/BRKS             N/A       243.00-248.00
      -CALGARY             N/A       235.00-240.00
      -REDDEER             N/A       230.00-237.00
      -VERM                N/A       228.00-235.00
      -EDMTN               N/A       225.00-238.00
      -GRANDEP             N/A       184.00-192.00
CANOLA CRUSHER on May 02/2012
      -Meal (FOB)        338.13           321.53
      -Seed (DEL)        630.17           637.87

ELEVATOR BIDS on May 04/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     208.38           206.36
FEED OATS  -Red Deer     167.38           158.42
FEED BARLEY-Red Deer     209.85           215.90
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       573.59           573.59
CANOLA     -Red Deer     623.48           656.84

SPECIAL CROP CASH BIDS on May 03/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           390.59     10.63      7.42
     FEED                         172.51      4.70      4.13
     LARGE YELLOW #2 OR BETTER    322.43      8.78      7.05
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 552.70      0.25      0.35
         #1 ESTON                 675.16      0.31      0.27
 MUSTARD #1 YELLOW                784.07      0.36      0.33
         #1 BROWN                 676.37      0.31      0.29
         #1 ORIENTAL              576.51      0.26      0.27

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 03/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW      N/A      N/A    400.92   417.33     -3.9%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    262.35   277.68   302.76   334.17     -9.4%
      -#1DNS PORTLAND       309.40   322.87   344.51   378.41     -9.0%
CORN  -#2 CHICAGO           239.43   236.89   248.40   231.77     +7.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     197.30   194.16   207.34   181.75    +14.1%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          537.77   537.91   472.93   470.24     +0.6%
EXCH RATE May 03/2012: US$ in CANADA$  .9889  CANADA$ IN US$ 1.0112
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Apr 29/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #39   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    314.3  10,348.2   8,687.6    +19.1%    +15.0%
 DURUM             114.7   2,796.0   2,529.5    +10.5%     +3.9%
 BARLEY              6.8     975.3   1,118.5    -12.8%    -19.8%
 OATS               10.0     940.5     818.5    +14.9%    +12.0%
 PEAS               32.5   1,303.6   2,045.9    -36.3%    -33.6%
 FLAXSEED            9.6     191.3     259.3    -26.2%    -25.7%
 CANOLA             78.5   6,992.7   5,361.4    +30.4%    +11.2%

CANADIAN CANOLA CRUSH ('000 TONNES) as of May 02/2012
 CANOLA CRUSH      140.8   5,248.4   4,517.2    +16.2%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Apr 26/2012
 WHEAT             539.7  24,936.8  30,765.1    -18.9%    -22.4%
 BARLEY               .3     138.4     116.8    +18.5%    +25.0%
 CORN              633.0  27,425.2  29,477.2     -7.0%     -7.4%
 SOYBEANS          420.5  29,639.3  36,982.2    -19.9%    -14.1%

NOPA SOYBEAN Month Ending: Mar 31/2012
 SOYBEAN CRUSH   3,824.7  26,069.2  26,537.5     -1.8%     -1.1%
* From Canadian Grain Commission Calendar