Weekly Crop Market Review - August 24, 2012

The next weekly will be published on Friday, August 31, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Aug 24/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  OCT12        N/A        N/A     264.50      +0.00
        -SASK  DEC12        N/A        N/A     269.50      +0.00
        -SASK  MAR13        N/A        N/A     272.50      +0.00
CANOLA  -SASK  NOV12     639.60     607.60     633.60     +25.50
        -SASK  JAN13     643.30     613.00     637.20     +24.80
        -SASK  MAR13     645.00     614.40     635.30     +21.00
DURUM   -WPG   OCT12        N/A        N/A     301.10      +1.90
WHEAT   -WPG   DEC12        N/A        N/A     305.60      +1.90
        -WPG   MAR13        N/A        N/A     312.20      +1.90
MILLING -WPG   OCT12     300.20     298.00     294.20      +1.20
WHEAT   -WPG   DEC12     307.50     300.00     301.20      +2.60
        -WPG   MAR13        N/A        N/A     311.20      +2.60

U.S. FUTURES (U.S. $/BUSHEL) as of Aug 24/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP12   9.04 3/4   8.66       8.67 1/2  -0.07
        -CBT   DEC12   9.26 1/4   8.87 1/4   8.88 1/2  -0.06
WHEAT   -MINN  SEP12   9.49       9.09 1/2   9.18 1/2  -0.09
        -MINN  DEC12   9.62 1/4   9.23 1/4   9.30      -0.10
WHEAT   -KANS  SEP12   9.11 3/4   8.74 3/4   8.76 1/4  -0.09 1/4
        -KANS  DEC12   9.36 1/2   8.93 1/4   9.01 1/4  -0.08 1/2
CORN    -CBT   SEP12   8.34       7.98 3/4   8.02 1/4  +0.03 3/4
        -CBT   DEC12   8.40       8.06       8.08 1/2  +0.01 1/4
OATS    -CBT   SEP12   3.96 3/4   3.84       3.88 1/2  +0.04 3/4
        -CBT   DEC12   4.00       3.83 1/4   3.91 1/2  +0.07 3/4
SOYBEAN -CBT   SEP12  17.64 3/4  16.67      17.37 1/2  +0.66 1/2
        -CBT   NOV12  17.44 3/4  16.41      17.31 1/2  +0.85 3/4
        -CBT   JAN13  17.32 1/2  16.33      17.24 1/4  +0.87 1/4
SOYOIL  -CBT   SEP12      56.67      53.04      56.24      +3.13
(/lb)  -CBT   OCT12      56.85      53.32      56.45      +3.13
SOYMEAL -CBT   SEP12     546.40     519.80     533.40     +10.70
($/ton) -CBT   OCT12     535.50     507.40     526.90     +17.20

FEEDMILL BIDS on Aug 20/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       270.00-285.00
      -REDDEER             N/A       277.00-285.00
      -EDMTN               N/A       275.00-282.00
OATS  -EDMTN               N/A       186.00-193.00
PEAS - EDMTN               N/A       288.00-292.00
BARLEY-LETH                N/A       255.00-265.00
      -MH/BRKS             N/A       245.00-254.00
      -CALGARY             N/A       255.00-265.00
      -REDDEER             N/A       268.00-275.00
      -VERM                N/A       240.00-255.00
      -EDMTN               N/A       230.00-242.00
      -GRANDEP             N/A       198.00-217.00
CANOLA CRUSHER on Aug 22/2012
      -Meal (FOB)        434.12           428.84
      -Seed (DEL)        626.87           594.99


ELEVATOR BIDS on Aug 24/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     241.46           230.07
FEED OATS  -Red Deer     180.69           175.15
FEED BARLEY-Red Deer     202.23             N/A
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       519.66           513.36
CANOLA     -Red Deer     607.19           587.48

SPECIAL CROP CASH BIDS on Aug 23/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           353.84      9.63      8.04
     FEED                         194.19      5.29      4.47
     LARGE YELLOW #2 OR BETTER    293.03      7.98      8.20
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 477.19      0.22      0.29
         #1 ESTON                 513.23      0.23      0.28
 MUSTARD #1 YELLOW                779.88      0.35      0.30
         #1 BROWN                 685.97      0.31      0.31
         #1 ORIENTAL              570.44      0.26      0.24

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 23/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -#1DNS GREAT FALLS    310.33   311.25   315.05   302.96     +4.0%
      -#1DNS PORTLAND       345.92   351.86   348.89   343.49     +1.6%
CORN  -#2 CHICAGO           304.62   301.92   308.21   252.02    +22.3%
BARLEY-#2FD GREAT FALLS     219.05   211.00   215.09   207.49     +3.7%
SOYBNS-#1 ILLINOIS          649.85   619.15   624.46   494.95    +26.2%
EXCH RATE Aug 23/2012: US$ in CANADA$  .9936  CANADA$ IN US$ 1.0064
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Aug 19/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 3   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    349.5     745.2     733.9     +1.5%     +7.1%
 DURUM             175.5     280.6     179.2    +56.6%     -2.8%
 BARLEY              4.3      17.7        .9  +1866.7%    +41.7%
 OATS               35.7      93.5      37.2   +151.3%    +12.5%
 PEAS               20.0      20.4      73.3    -72.2%    +25.0%
 FLAXSEED             .5       3.8       7.9    -51.9%     N/A
 CANOLA             26.3     276.6     318.2    -13.1%     -7.0%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Aug 22/2012
 CANOLA CRUSH       97.2     472.3     434.1     +8.8%     +1.4%

U.S. EXPORTS ('000 TONNES) as of Aug 16/2012
 WHEAT             637.5   5,821.3   6,878.8    -15.4%    +14.3%
 BARLEY             N/A       60.3      63.5     -5.1%    +11.1%
 CORN              546.5  37,449.6  44,187.0    -15.2%    -15.5%
 SOYBEANS          583.1  36,267.0  40,094.1     -9.5%    -10.1%

NOPA SOYBEAN Month Ending: Jun 30/2012
 SOYBEAN CRUSH   3,651.1  37,067.7  36,317.8     +2.1%     +2.5%
* From Canadian Grain Commission Calendar