Weekly Crop Market Review - July 20, 2012

The next weekly will be published on Friday, July 27, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jul 20/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  OCT12        N/A        N/A     257.00      +6.00
        -LETH  DEC12        N/A        N/A     262.00      +7.00
        -LETH  MAR13        N/A        N/A     267.00      +9.00
CANOLA  -SASK  NOV12     645.70     624.50     644.80     +20.90
        -SASK  JAN13     648.10     628.40     647.10     +21.40
        -SASK  MAR13     648.00     627.90     647.00     +23.80

U.S. FUTURES (U.S. $/BUSHEL) as of Jul 20/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP12   9.44 3/4   8.56 1/4   9.43 1/4  +0.95 1/2
        -CBT   DEC12   9.51 1/2   8.71       9.48 1/4  +0.85 3/4
WHEAT   -MINN  SEP12  10.35       9.53 1/2  10.31 1/2  +0.82
        -MINN  DEC12  10.31 1/4   9.48 1/4  10.28 1/4  +0.86 1/2
WHEAT   -KANS  SEP12   9.42 1/2   8.57 3/4   9.41      +0.90
        -KANS  DEC12   9.57 1/4   8.77       9.54      +0.83
CORN    -CBT   SEP12   8.28 3/4   7.49 1/4   8.24 1/2  +0.84
        -CBT   DEC12   7.99       7.49 1/4   7.95 3/4  +0.55 1/2
OATS    -CBT   SEP12   3.89 1/2   3.71 1/2   3.87      +0.14 1/2
        -CBT   DEC12   3.92 1/4   3.75       3.89      +0.14 1/2
SOYBEAN -CBT   AUG12  17.77 3/4  16.10      17.57 1/2  +1.62 3/4
        -CBT   SEP12  17.30      15.83 1/2  17.13 1/4  +1.43 3/4
        -CBT   NOV12  16.91      15.68      16.86 1/4  +1.33 3/4
SOYOIL  -CBT   AUG12      54.83      53.30      54.36      +0.66
(¢/lb)  -CBT   SEP12      55.03      53.51      54.56      +0.65
SOYMEAL -CBT   AUG12     552.00     478.00     543.00     +68.90
($/ton) -CBT   SEP12     532.80     470.00     528.30     +62.70

FEEDMILL BIDS on Jul 16/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       286.00-288.00
      -REDDEER             N/A       272.00-278.00
      -EDMTN               N/A       273.00-284.00
OATS  -EDMTN               N/A       171.00-186.00
PEAS - EDMTN               N/A       264.00-282.00
BARLEY-LETH                N/A       284.00-288.00
      -MH/BRKS             N/A       281.00-285.00
      -CALGARY             N/A       273.00-277.00
      -REDDEER             N/A       268.00-274.00
      -VERM                N/A       253.00-261.00
      -EDMTN               N/A       242.00-251.00
      -GRANDEP             N/A       194.00-236.00
CANOLA CRUSHER on Jul 18/2012
      -Meal (FOB)        417.30           385.41
      -Seed (DEL)        652.83           662.84

ELEVATOR BIDS on Jul 20/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     234.00           226.83
FEED OATS  -Red Deer     195.13           195.60
FEED BARLEY-Red Deer     235.94           245.34
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       513.36           513.36
CANOLA     -Red Deer     654.32           641.17

SPECIAL CROP CASH BIDS on Jul 19/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           338.23      9.21      8.32
     FEED                         172.51      4.70      4.57
     LARGE YELLOW #2 OR BETTER    293.21      7.98      8.71
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 444.34      0.20      0.35
         #1 ESTON                 508.93      0.23      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 $/TONNE) as of Jul 19/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW      N/A      N/A    400.92   417.33     -3.9%
      -CWB #1CWRS VANC*       N/A      N/A      N/A    413.88     N/A
      -#1DNS GREAT FALLS    350.31   337.03   302.27   334.17     -9.5%
      -#1DNS PORTLAND       397.34   378.95   343.49   378.41     -9.2%
CORN  -#2 CHICAGO           323.85   296.64   250.89   231.77     +8.2%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     212.18   208.84   207.39   181.75    +14.1%
      -#2 STOCKTON            N/A      N/A      N/A    292.88     N/A
SOYBNS-#1 ILLINOIS          665.16   605.95   492.28   470.24     +4.7%
EXCH RATE Jul 19/2012: US$ in CANADA$ 1.0078  CANADA$ IN US$ 0.9923
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Jul 15/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #50   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    110.8  13,088.3  12,024.4     +8.8%    +10.2%
 DURUM              26.1   3,447.1   3,061.9    +12.6%     -2.3%
 BARLEY             11.0   1,112.3   1,261.3    -11.8%    -19.8%
 OATS               13.0   1,113.8     939.7    +18.5%    +12.3%
 PEAS                 .1   1,548.5   2,366.8    -34.6%    -33.6%
 FLAXSEED           12.8     253.6     316.6    -19.9%    -25.7%
 CANOLA             81.1   8,335.0   6,778.4    +23.0%    +11.2%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jul 18/2012
 CANOLA CRUSH      123.1   6,541.7   5,725.0    +14.3%    +12.5%

U.S. EXPORTS ('000 TONNES) as of Jul 12/2012
 WHEAT             405.9   3,141.0   3,925.6    -20.0%    +14.5%
 BARLEY               .1       1.1      33.2    -96.6%    +42.9%
 CORN              552.0  34,715.7  39,547.3    -12.2%    -12.8%
 SOYBEANS          388.4  34,025.5  39,060.3    -12.9%    -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