Weekly Crop Market Review - May 25, 2012

The next weekly will be published on Friday, June 1, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of May 25/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  JUL12        N/A        N/A     237.00      +0.00
        -LETH  OCT12        N/A        N/A     210.00      +0.00
        -LETH  DEC12        N/A        N/A     212.00      +0.00
CANOLA  -SASK  JUL12     619.90     597.20     612.20      -1.00
        -SASK  NOV12     568.90     552.00     566.90      +4.30
        -SASK  JAN13     572.90     556.90     571.90      +5.80

U.S. FUTURES (U.S. $/BUSHEL) as of May 25/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL12   7.22       6.61 3/4   6.80      -0.15 1/4
        -CBT   SEP12   7.29 1/4   6.76 3/4   6.94 1/2  -0.08 1/2
WHEAT   -MINN  JUL12   7.99 3/4   7.61 1/4   7.80 1/4  -0.11 3/4
        -MINN  SEP12   7.96 1/4   7.61 1/4   7.77 1/2  -0.11
WHEAT   -KANS  JUL12   7.17       6.85       7.00      -0.05
        -KANS  SEP12   7.31 3/4   7.00       7.15      -0.02 1/2
CORN    -CBT   JUL12   6.44 1/2   5.73 1/4   5.78 1/2  -0.57
        -CBT   SEP12   5.58 1/2   5.13       5.26 1/2  -0.20
OATS    -CBT   JUL12   3.43 3/4   2.91 1/2   2.96 1/4  -0.43 3/4
        -CBT   SEP12   3.47 1/2   2.96 1/4   2.99 3/4  -0.44 3/4
SOYBEAN -CBT   JUL12  14.23      13.51      13.82      -0.23
        -CBT   AUG12  14.01 3/4  13.31      13.62      -0.19
        -CBT   SEP12  13.53      12.87 1/2  13.21 3/4  -0.05 1/4
SOYOIL  -CBT   JUL12      51.28      48.55      50.12      -0.20
(/lb)  -CBT   AUG12      51.46      48.79      50.34      -0.20
SOYMEAL -CBT   JUL12     422.50     397.30     409.30      -8.60
($/ton) -CBT   AUG12     408.60     386.00     395.30      -8.10

FEEDMILL BIDS on May 21/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       240.00-245.00
      -REDDEER             N/A       230.00-237.00
      -EDMTN               N/A       225.00-229.00
OATS  -EDMTN               N/A       165.00-173.00
PEAS - EDMTN               N/A       244.00-252.00
BARLEY-LETH                N/A       247.00-252.00
      -MH/BRKS             N/A       240.00-245.00
      -CALGARY             N/A       240.00-244.00
      -REDDEER             N/A       228.00-236.00
      -VERM                N/A       228.00-232.00
      -EDMTN               N/A       228.00-234.00
      -GRANDEP             N/A       182.00-190.00
CANOLA CRUSHER on May 23/2012
      -Meal (FOB)        315.82           334.31
      -Seed (DEL)        606.51           608.44

ELEVATOR BIDS on May 25/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     216.95           216.95
FEED OATS  -Red Deer     174.66           167.17
FEED BARLEY-Red Deer     219.42           222.41
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       520.84           528.71
CANOLA     -Red Deer     620.80           616.79

SPECIAL CROP CASH BIDS on May 24/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           402.35     10.95      7.29
     FEED                         172.51      4.70      4.34
     LARGE YELLOW #2 OR BETTER    311.95      8.49      7.49
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 553.25      0.25      0.35
         #1 ESTON                 687.62      0.31      0.28
 MUSTARD #1 YELLOW                796.41      0.36      0.33
         #1 BROWN                 677.04      0.31      0.28
         #1 ORIENTAL              581.47      0.26      0.26

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 24/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW      N/A      N/A    400.92   417.33     -3.9%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    292.11   289.83   301.14   334.17     -9.9%
      -#1DNS PORTLAND       337.20   338.14   343.16   378.41     -9.3%
CORN  -#2 CHICAGO           233.72   250.55   247.72   231.77     +6.9%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     207.19   204.45   207.15   181.75    +14.0%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          524.01   541.84   477.23   470.24     +1.5%
EXCH RATE May 24/2012: US$ in CANADA$ 1.0271  CANADA$ IN US$ 0.9736
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of May 20/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #42   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    313.4  11,429.7   9,549.0    +19.7%    +10.2%
 DURUM              99.4   3,131.3   2,691.1    +16.4%     -2.3%
 BARLEY              4.1   1,008.6   1,190.6    -15.3%    -19.8%
 OATS               21.1     994.8     854.7    +16.4%    +12.3%
 PEAS               27.5   1,438.2   2,151.1    -33.1%    -33.6%
 FLAXSEED            2.7     215.6     276.7    -22.1%    -25.7%
 CANOLA            123.1   7,449.0   5,813.6    +28.1%    +11.2%

CANADIAN CANOLA CRUSH ('000 TONNES) as of May 23/2012
 CANOLA CRUSH      123.6   5,613.1   4,856.9    +15.6%    +12.5%

U.S. EXPORTS ('000 TONNES) as of May 17/2012
 WHEAT             677.5  27,040.7  33,446.5    -19.2%    -20.5%
 BARLEY             N/A      138.7     119.2    +16.3%    +25.0%
 CORN              590.9  29,475.5  32,143.3     -8.3%     -7.4%
 SOYBEANS          345.2  30,846.3  37,612.2    -18.0%    -12.4%

NOPA SOYBEAN Month Ending: Mar 31/2012
 SOYBEAN CRUSH   3,824.7  26,069.2  26,537.5     -1.8%     -0.2%
* From Canadian Grain Commission Calendar