Weekly Crop Market Review - July 13, 2012

The next weekly will be published on Friday, July 20, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jul 13/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  OCT12        N/A        N/A     251.00     +20.00
        -LETH  DEC12        N/A        N/A     255.00     +20.00
        -LETH  MAR13        N/A        N/A     258.00     +20.00
CANOLA  -SASK  NOV12     637.80     620.00     623.90      +5.60
        -SASK  JAN13     640.70     623.00     625.70      +3.90
        -SASK  MAR13     640.10     621.00     623.20      -1.10

U.S. FUTURES (U.S. $/BUSHEL) as of Jul 13/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP12   8.65 3/4   8.03 1/4   8.47 3/4  +0.41 1/2
        -CBT   DEC12   8.77 3/4   8.16 1/4   8.62 1/2  +0.40 3/4
WHEAT   -MINN  SEP12   9.59       9.03       9.49 1/2  +0.44
        -MINN  DEC12   9.52 1/2   8.99 1/4   9.41 3/4  +0.35
WHEAT   -KANS  SEP12   8.65       8.05 1/4   8.51      +0.42 1/2
        -KANS  DEC12   8.84 1/4   8.24 3/4   8.71      +0.40
CORN    -CBT   SEP12   7.49       6.85 1/2   7.40 1/2  +0.45 1/4
        -CBT   DEC12   7.49       6.85 1/4   7.40 1/4  +0.47 1/4
OATS    -CBT   SEP12   3.83 1/4   3.59       3.72 1/2  +0.10 3/4
        -CBT   DEC12   3.86       3.60 1/2   3.74 1/2  +0.15
SOYBEAN -CBT   AUG12  16.25 1/2  15.53      15.94 3/4  +0.27 1/2
        -CBT   SEP12  15.93 1/2  15.21 1/2  15.69 1/2  +0.37 1/2
        -CBT   NOV12  15.75      15.05 1/4  15.52 1/2  +0.46 3/4
SOYOIL  -CBT   AUG12      55.19      53.08      53.70      +0.26
(¢/lb)  -CBT   SEP12      55.38      53.29      53.91      +0.27
SOYMEAL -CBT   AUG12     480.80     455.00     474.10     +12.60
($/ton) -CBT   SEP12     473.50     446.80     465.60     +11.20

FEEDMILL BIDS on Jul 09/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       285.00-288.00
      -REDDEER             N/A       261.00-270.00
      -EDMTN               N/A       268.00-276.00
OATS  -EDMTN               N/A       172.00-181.00
PEAS - EDMTN               N/A       282.00-291.00
BARLEY-LETH                N/A       275.00-277.00
      -MH/BRKS             N/A       265.00-271.00
      -CALGARY             N/A       266.00-272.00
      -REDDEER             N/A       256.00-262.00
      -VERM                N/A       251.00-256.00
      -EDMTN               N/A       249.00-255.00
      -GRANDEP             N/A       194.00-198.00
CANOLA CRUSHER on Jul 11/2012
      -Meal (FOB)        385.41           359.29
      -Seed (DEL)        662.84           648.03

ELEVATOR BIDS on Jul 13/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     226.83           219.37
FEED OATS  -Red Deer     195.60           185.25
FEED BARLEY-Red Deer     245.34           215.08
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       513.36           513.36
CANOLA     -Red Deer     641.17           656.19

SPECIAL CROP CASH BIDS on Jul 12/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           341.35      9.29      8.26
     FEED                         172.51      4.70      4.57
     LARGE YELLOW #2 OR BETTER    285.13      7.76      8.86
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 459.88      0.21      0.35
         #1 ESTON                 567.69      0.26      0.30
 MUSTARD #1 YELLOW                780.76      0.35      0.31
         #1 BROWN                 684.31      0.31      0.32
         #1 ORIENTAL              570.44      0.26      0.24

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jul 12/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW      N/A      N/A    400.92   417.33     -3.9%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    337.03   321.11   301.18   334.17     -9.9%
      -#1DNS PORTLAND       378.95   368.26   342.21   378.41     -9.6%
CORN  -#2 CHICAGO           296.64   287.03   249.43   231.77     +7.6%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     208.84   210.22   207.30   181.75    +14.1%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          605.95   603.45   488.83   470.24     +4.0%
EXCH RATE Jul 12/2012: US$ in CANADA$ 1.0186  CANADA$ IN US$ 0.9817
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jul 08/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #49   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    345.5  12,977.2  11,775.2    +10.2%    +10.2%
 DURUM              57.7   3,421.0   3,014.8    +13.5%     -2.3%
 BARLEY              3.0   1,099.8   1,242.4    -11.5%    -19.8%
 OATS               17.9   1,094.5     935.2    +17.0%    +12.3%
 PEAS                 .3   1,548.7   2,366.7    -34.6%    -33.6%
 FLAXSEED            3.8     237.5     301.7    -21.3%    -25.7%
 CANOLA             93.5   8,253.3   6,600.0    +25.0%    +11.2%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jul 11/2012
 CANOLA CRUSH      143.3   6,418.6   5,604.2    +14.5%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Jul 05/2012
 WHEAT             405.5   2,734.0   3,396.7    -19.5%    +14.5%
 BARLEY             N/A        1.0      32.2    -96.8%    +42.9%
 CORN              580.3  34,138.7  38,635.9    -11.6%    -12.8%
 SOYBEANS          514.5  33,615.7  38,956.4    -13.7%    -10.7%

NOPA SOYBEAN Month Ending: May 31/2012
 SOYBEAN CRUSH   3,763.0  33,416.6  33,114.1     +0.9%     +1.6%
* From Canadian Grain Commission Calendar