Weekly Crop Market Review - June 8, 2012

The next weekly will be published on Friday, June 15, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jun 08/2012
              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     617.00     603.60     615.00      +5.30
        -SASK  NOV12     576.40     559.00     575.40     +11.70
        -SASK  JAN13     581.00     563.80     580.40     +11.90

U.S. FUTURES (U.S. $/BUSHEL) as of Jun 08/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL12   6.38 3/4   6.11 3/4   6.30 1/4  +0.18
        -CBT   SEP12   6.56       6.29 1/4   6.48      +0.17 1/4
WHEAT   -MINN  JUL12   7.73 3/4   7.27       7.69 1/4  +0.29 3/4
        -MINN  SEP12   7.65       7.28 1/4   7.60 1/2  +0.19 1/2
WHEAT   -KANS  JUL12   6.65       6.37 3/4   6.56      +0.11 1/4
        -KANS  SEP12   6.81       6.53 1/2   6.72      +0.11 1/4
CORN    -CBT   JUL12   6.05 1/2   5.57 3/4   5.98      +0.46 1/2
        -CBT   SEP12   5.51 3/4   5.14 3/4   5.51      +0.36 1/4
OATS    -CBT   JUL12   3.09       2.80 1/4   3.03 1/4  +0.18 1/4
        -CBT   SEP12   3.05       2.80 1/4   3.02 3/4  +0.16 3/4
SOYBEAN -CBT   JUL12  14.39      13.31 1/2  14.26 1/4  +0.82
        -CBT   AUG12  14.10 3/4  13.07 1/2  14.00 1/2  +0.82
        -CBT   SEP12  13.68 3/4  12.73      13.62      +0.76 1/2
SOYOIL  -CBT   JUL12      50.34      47.81      49.46      +0.87
(/lb)  -CBT   AUG12      50.56      48.05      49.67      +0.86
SOYMEAL -CBT   JUL12     433.90     394.80     429.80     +35.30
($/ton) -CBT   AUG12     422.00     381.30     419.00     +37.90

FEEDMILL BIDS on Jun 04/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           242.00-245.00    244.00-249.00
      -REDDEER        232.00-237.00    236.00-244.00
      -EDMTN          225.00-231.00    226.00-234.00
OATS  -EDMTN          184.00-191.00    148.00-165.00
PEAS - EDMTN          257.00-268.00    248.00-264.00
BARLEY-LETH           242.00-244.00    247.00-249.00
      -MH/BRKS        234.00-237.00    240.00-244.00
      -CALGARY        230.00-235.00    238.00-244.00
      -REDDEER        224.00-229.00    226.00-236.00
      -VERM           218.00-223.00    220.00-227.00
      -EDMTN          215.00-222.00    225.00-232.00
      -GRANDEP        176.00-200.00    183.00-187.00
CANOLA CRUSHER on Jun 06/2012
      -Meal (FOB)        315.25           315.19
      -Seed (DEL)        617.91           623.10

ELEVATOR BIDS on Jun 08/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     214.45           216.95
FEED OATS  -Red Deer     143.97           147.43
FEED BARLEY-Red Deer     213.90           218.42
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       513.75           513.36
CANOLA     -Red Deer     622.76           616.63

SPECIAL CROP CASH BIDS on Jun 07/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           402.35     10.95      7.42
     FEED                         172.51      4.70      4.47
     LARGE YELLOW #2 OR BETTER    293.58      7.99      7.84
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 522.93      0.24      0.35
         #1 ESTON                 687.62      0.31      0.27
 MUSTARD #1 YELLOW                796.41      0.36      0.29
         #1 BROWN                 677.04      0.31      0.30
         #1 ORIENTAL              581.47      0.26      0.23

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 07/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW      N/A      N/A    400.92   417.33     -3.9%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    282.51     N/A    300.66   334.17    -10.0%
      -#1DNS PORTLAND       330.10   326.77   342.36   378.41     -9.5%
CORN  -#2 CHICAGO           240.17   225.58   247.06   231.77     +6.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     210.75   211.78   207.33   181.75    +14.1%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          547.65   515.59   479.65   470.24     +2.0%
EXCH RATE Jun 07/2012: US$ in CANADA$ 1.0279  CANADA$ IN US$ 0.9729
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jun 03/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #44   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    104.1  11,851.1  10,298.9    +15.1%    +10.2%
 DURUM              55.0   3,221.4   2,761.2    +16.7%     -2.3%
 BARLEY              6.9   1,061.4   1,201.5    -11.7%    -19.8%
 OATS                8.2   1,006.2     865.7    +16.2%    +12.3%
 PEAS                 .2   1,464.4   2,200.3    -33.4%    -33.6%
 FLAXSEED            2.1     218.7     281.9    -22.4%    -25.7%
 CANOLA            106.8   7,611.4   6,023.1    +26.4%    +11.2%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jun 06/2012
 CANOLA CRUSH       75.2   5,790.5   5,034.2    +15.0%    +12.5%

U.S. EXPORTS ('000 TONNES) as of May 31/2012
 WHEAT             587.3  28,190.6  34,553.0    -18.4%    -20.5%
 BARLEY             N/A      138.7     120.3    +15.3%    +25.0%
 CORN              688.5  31,013.5  34,024.3     -8.8%     -7.4%
 SOYBEANS          461.7  31,664.3  38,045.9    -16.8%    -12.4%

NOPA SOYBEAN Month Ending: Apr 30/2012
 SOYBEAN CRUSH   3,584.5  29,653.7  29,839.6     -0.6%     -0.2%
* From Canadian Grain Commission Calendar