Weekly Crop Market Review - August 31, 2012

The next weekly will be published on Friday, September 7, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Aug 31/2012
              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     643.20     605.20     637.60      +4.00
        -SASK  JAN13     646.70     620.70     641.20      +4.00
        -SASK  MAR13     645.60     621.20     640.60      +5.30
DURUM   -WPG   OCT12        N/A        N/A     300.60      -0.50
WHEAT   -WPG   DEC12        N/A        N/A     305.10      -0.50
        -WPG   MAR13        N/A        N/A     311.70      -0.50
MILLING -WPG   OCT12     304.80     295.50     298.60      +4.40
WHEAT   -WPG   DEC12     312.30     297.00     306.10      +4.90
        -WPG   MAR13        N/A        N/A     315.60      +4.40

U.S. FUTURES (U.S. $/BUSHEL) as of Aug 31/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   SEP12   8.96 3/4   8.51 1/2   8.70      +0.02 1/2
        -CBT   DEC12   9.14 1/2   8.71 1/4   8.89 1/2  +0.01
WHEAT   -MINN  SEP12   9.52 3/4   9.07 1/2   9.31 3/4  +0.13 1/4
        -MINN  DEC12   9.67       9.20       9.48 1/4  +0.18 1/4
WHEAT   -KANS  SEP12   9.04 1/4   8.62 3/4   8.80 3/4  +0.04 1/2
        -KANS  DEC12   9.31       8.87 3/4   9.06      +0.04 3/4
CORN    -CBT   SEP12   8.19       7.87 3/4   8.02 3/4  +0.00 1/2
        -CBT   DEC12   8.18       7.93 1/4   7.99 3/4  -0.08 3/4
OATS    -CBT   SEP12   3.93       3.74       3.88 1/2  +0.00
        -CBT   DEC12   4.02       3.80       3.97 1/2  +0.06
SOYBEAN -CBT   SEP12  17.80 3/4  17.10 3/4  17.64 1/2  +0.27
        -CBT   NOV12  17.71 1/4  17.01      17.56 1/2  +0.25
        -CBT   JAN13  17.63 1/4  16.93 1/2  17.51      +0.26 3/4
SOYOIL  -CBT   SEP12      57.17      55.34      56.42      +0.18
(¢/lb)  -CBT   OCT12      57.36      55.54      56.65      +0.20
SOYMEAL -CBT   SEP12     551.00     527.20     547.10     +13.70
($/ton) -CBT   OCT12     541.80     518.30     536.20      +9.30

FEEDMILL BIDS on Aug 27/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       274.00-282.00
      -REDDEER             N/A       275.00-290.00
      -EDMTN               N/A       273.00-288.00
OATS  -EDMTN               N/A       186.00-195.00
PEAS - EDMTN               N/A       275.00-292.00
BARLEY-LETH                N/A       255.00-263.00
      -MH/BRKS             N/A       248.00-254.00
      -CALGARY             N/A       251.00-260.00
      -REDDEER             N/A       247.00-260.00
      -VERM                N/A       240.00-250.00
      -EDMTN               N/A       235.00-246.00
      -GRANDEP             N/A       203.00-225.00
CANOLA CRUSHER on Aug 29/2012
      -Meal (FOB)        430.47           434.12
      -Seed (DEL)        613.27           626.87


ELEVATOR BIDS on Aug 31/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     241.57           241.46
FEED OATS  -Red Deer     180.09           180.69
FEED BARLEY-Red Deer     199.73           202.23
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       525.56           519.66
CANOLA     -Red Deer     617.74           607.19

SPECIAL CROP CASH BIDS on Aug 30/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           333.63      9.08      8.25
     FEED                         247.65      6.74      4.48
     LARGE YELLOW #2 OR BETTER    266.76      7.26      8.78
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 440.92      0.20      0.26
         #1 ESTON                 507.06      0.23      0.28
 MUSTARD #1 YELLOW                771.62      0.35      0.35
         #1 BROWN                 683.43      0.31      0.32
         #1 ORIENTAL              573.20      0.26      0.28

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 30/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -#1DNS GREAT FALLS      N/A    310.33   315.05   302.96     +4.0%
      -#1DNS PORTLAND         N/A    345.92   348.89   343.49     +1.6%
CORN  -#2 CHICAGO             N/A    304.62   308.21   252.02    +22.3%
BARLEY-#2FD GREAT FALLS       N/A    219.05   215.09   207.49     +3.7%
SOYBNS-#1 ILLINOIS            N/A    649.85   624.46   494.95    +26.2%
EXCH RATE Aug 30/2012: US$ in CANADA$       N/A
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Aug 26/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 4   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    218.4     963.6     923.1     +4.4%     +7.1%
 DURUM              15.9     296.5     217.2    +36.5%     -2.8%
 BARLEY              1.7      19.4       1.7  +1041.2%    +41.7%
 OATS               42.8     136.3      86.5    +57.6%    +12.5%
 PEAS               53.6      74.0      85.4    -13.3%    +25.0%
 FLAXSEED            2.2       6.0      10.3    -41.7%     N/A
 CANOLA             57.3     333.9     388.1    -14.0%     -7.0%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Aug 29/2012
 CANOLA CRUSH       94.4     566.7     507.7    +11.6%     +1.4%

U.S. EXPORTS ('000 TONNES) as of Aug 23/2012
 WHEAT             513.9   6,335.3   7,531.0    -15.9%    +14.3%
 BARLEY               .6      60.9      63.5     -4.2%    +11.1%
 CORN              367.3  37,828.2  44,951.1    -15.8%    -15.5%
 SOYBEANS          473.7  36,746.6  40,323.9     -8.9%    -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