Weekly Crop Market Review - June 22, 2012

The next weekly will be published on Friday, June 29, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jun 22/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  JUL12        N/A        N/A     237.00      +0.00
        -LETH  OCT12        N/A        N/A     208.00      +0.00
        -LETH  DEC12        N/A        N/A     212.00      +0.00
CANOLA  -SASK  JUL12     626.50     601.90     617.70     +15.80
        -SASK  NOV12     584.90     560.50     575.10     +15.40
        -SASK  JAN13     588.10     565.90     577.80     +14.10

U.S. FUTURES (U.S. $/BUSHEL) as of Jun 22/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL12   6.84 3/4   6.12       6.73 1/4  +0.63 3/4
        -CBT   SEP12   7.00       6.29 1/2   6.87 1/2  +0.60 3/4
WHEAT   -MINN  JUL12   8.86 1/2   7.87 1/2   8.59      +0.71 1/2
        -MINN  SEP12   7.97       7.40       7.78 1/2  +0.38
WHEAT   -KANS  JUL12   7.02 1/2   6.35       6.86      +0.56
        -KANS  SEP12   7.18       6.50 1/4   7.00 1/2  +0.55
CORN    -CBT   JUL12   6.17       5.76 1/4   5.91      +0.11 1/2
        -CBT   SEP12   5.70 3/4   5.12 1/4   5.51 1/4  +0.41 3/4
OATS    -CBT   JUL12   3.32       3.05 3/4   3.28 3/4  +0.21
        -CBT   SEP12   3.12 3/4   2.94       3.04      +0.10 1/4
SOYBEAN -CBT   JUL12  14.64 1/4  13.75 1/4  14.42 1/2  +0.66 1/2
        -CBT   AUG12  14.47 3/4  13.57 3/4  14.26      +0.69
        -CBT   SEP12  14.12 1/4  13.36 1/4  13.94 1/4  +0.62 1/4
SOYOIL  -CBT   JUL12      51.08      48.51      49.74      +1.30
(¢/lb)  -CBT   AUG12      51.27      48.70      49.84      +1.22
SOYMEAL -CBT   JUL12     435.70     409.30     422.00     +11.90
($/ton) -CBT   AUG12     431.20     403.30     419.70     +16.10

FEEDMILL BIDS on Jun 18/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       242.00-245.00
      -REDDEER             N/A       228.00-235.00
      -EDMTN               N/A       221.00-228.00
OATS  -EDMTN               N/A       181.00-193.00
PEAS - EDMTN               N/A       261.00-273.00
BARLEY-LETH                N/A       240.00-243.00
      -MH/BRKS             N/A       232.00-236.00
      -CALGARY             N/A       230.00-237.00
      -REDDEER             N/A       222.00-227.00
      -VERM                N/A       218.00-222.00
      -EDMTN               N/A       224.00-230.00
      -GRANDEP             N/A       172.00-186.00
CANOLA CRUSHER on Jun 20/2012
      -Meal (FOB)        335.22           332.31
      -Seed (DEL)        634.01           620.03

ELEVATOR BIDS on Jun 22/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer       N/A            214.37
FEED OATS  -Red Deer     156.11           152.72
FEED BARLEY-Red Deer     190.58           204.36
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       513.36           513.36
CANOLA     -Red Deer     627.13           611.44

SPECIAL CROP CASH BIDS on Jun 21/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           383.24     10.43      7.73
     FEED                         172.51      4.70      4.57
     LARGE YELLOW #2 OR BETTER    287.89      7.84      8.27
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 482.92      0.22      0.35
         #1 ESTON                 638.01      0.29      0.27
 MUSTARD #1 YELLOW                796.41      0.36      0.31
         #1 BROWN                 688.06      0.31      0.30
         #1 ORIENTAL              581.47      0.26      0.23

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 21/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW      N/A      N/A    400.92   417.33     -3.9%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    291.98   272.36   299.76   334.17    -10.3%
      -#1DNS PORTLAND       339.44   323.14   341.80   378.41     -9.7%
CORN  -#2 CHICAGO           241.71   246.47   246.93   231.77     +6.5%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     205.36   203.14   207.20   181.75    +14.0%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          553.12   530.42   482.29   470.24     +2.6%
EXCH RATE Jun 21/2012: US$ in CANADA$ 1.0293  CANADA$ IN US$ 0.9715
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jun 17/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #46   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    221.2  12,217.2  10,936.9    +11.7%    +10.2%
 DURUM              33.1   3,338.4   2,861.5    +16.7%     -2.3%
 BARLEY             50.2   1,131.6   1,234.0     -8.3%    -19.8%
 OATS               11.7   1,028.2     910.0    +13.0%    +12.3%
 PEAS                8.9   1,480.1   2,283.5    -35.2%    -33.6%
 FLAXSEED           12.1     231.2     284.0    -18.6%    -25.7%
 CANOLA            143.0   7,884.1   6,240.7    +26.3%    +11.2%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jun 20/2012
 CANOLA CRUSH      119.5   6,009.2   5,265.3    +14.1%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Jun 14/2012
 WHEAT             561.2   1,170.3   1,474.3    -20.6%     +9.0%
 BARLEY               .2       1.0       4.2    -77.3%    +42.9%
 CORN              628.1  32,120.0  36,027.5    -10.8%    -10.1%
 SOYBEANS          214.9  32,401.4  38,381.1    -15.6%    -11.1%

NOPA SOYBEAN Month Ending: Apr 30/2012
 SOYBEAN CRUSH   3,584.5  29,653.7  29,839.6     -0.6%     +0.7%
* From Canadian Grain Commission Calendar