Weekly Crop Market Review - September 21, 2012

The next weekly will be published on Friday, September 28, 2012
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Sep 21/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  OCT12        N/A        N/A     250.30      +0.00
        -SASK  DEC12        N/A        N/A     255.30      +0.00
        -SASK  MAR13        N/A        N/A     258.30      +0.00
CANOLA  -SASK  NOV12     651.60     612.00     613.90     -37.70
        -SASK  JAN13     655.10     615.40     617.20     -37.90
        -SASK  MAR13     653.30     614.70     616.70     -38.90
DURUM   -WPG   OCT12     312.60     311.90     311.90      +5.00
WHEAT   -WPG   DEC12     317.10     316.00     316.40      +5.00
        -WPG   MAR13        N/A        N/A     323.00      +5.00
MILLING -WPG   OCT12        N/A        N/A     301.50      -3.00
WHEAT   -WPG   DEC12     306.70     298.00     306.70      -4.20
        -WPG   MAR13        N/A        N/A     316.20      -4.20

U.S. FUTURES (U.S. $/BUSHEL) as of Sep 21/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   DEC12   9.26 1/2   8.60 3/4   8.97 1/4  -0.27
        -CBT   MAR13   9.37 3/4   8.73 1/2   9.08      -0.28 1/2
WHEAT   -MINN  DEC12   9.78       9.21 1/4   9.57 3/4  -0.04 3/4
        -MINN  MAR13   9.86 1/4   9.29 3/4   9.65 1/4  -0.06
WHEAT   -KANS  DEC12   9.48       8.84       9.26 1/4  -0.21 3/4
        -KANS  MAR13   9.58 1/2   8.96 1/2   9.37 1/2  -0.21 1/4
CORN    -CBT   DEC12   7.81       7.39       7.48 1/4  -0.33 3/4
        -CBT   MAR13   7.84 3/4   7.42 1/2   7.51      -0.35
OATS    -CBT   DEC12   3.95 3/4   3.69 1/2   3.76      -0.20 1/4
        -CBT   MAR13   3.94       3.73 1/4   3.81      -0.18 1/4
SOYBEAN -CBT   NOV12  17.36 1/4  16.07 1/2  16.21 3/4  -1.17 1/4
        -CBT   JAN13  17.36 3/4  16.07 1/2  16.22      -1.18
        -CBT   MAR13  17.00 1/4  15.66 3/4  15.79 1/2  -1.23 1/4
SOYOIL  -CBT   OCT12      57.13      54.11      54.45      -2.52
(/lb)  -CBT   DEC12      57.61      54.52      54.83      -2.54
SOYMEAL -CBT   OCT12     522.40     479.50     484.50     -39.00
($/ton) -CBT   DEC12     524.50     481.10     486.00     -39.40

FEEDMILL BIDS on Sep 17/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           275.00-285.00    275.00-288.00
      -REDDEER        285.00-292.00    282.00-294.00
      -EDMTN          282.00-287.00    285.00-295.00
OATS  -EDMTN          184.00-192.00    192.00-201.00
PEAS - EDMTN          281.00-297.00    288.00-300.00
BARLEY-LETH           265.00-269.00    263.00-270.00
      -MH/BRKS        265.00-268.00    254.00-265.00
      -CALGARY        255.00-261.00    253.00-260.00
      -REDDEER        244.00-251.00    247.00-253.00
      -VERM           245.00-252.00    244.00-251.00
      -EDMTN          238.00-244.00    240.00-249.00
      -GRANDEP        213.00-232.00    210.00-225.00
CANOLA CRUSHER on Sep 19/2012
      -Meal (FOB)        375.08           420.67
      -Seed (DEL)        614.99           623.19


ELEVATOR BIDS on Sep 21/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     257.71           251.83
FEED OATS  -Red Deer     171.71           165.90
FEED BARLEY-Red Deer     216.69           215.03
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       549.18           549.18
CANOLA     -Red Deer     599.21           632.64

SPECIAL CROP CASH BIDS on Sep 20/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           371.67     10.12      8.45
     FEED                         248.39      6.76      5.06
     LARGE YELLOW #2 OR BETTER    307.36      8.37      8.81
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 475.42      0.22      0.28
         #1 ESTON                 522.38      0.24      0.28
 MUSTARD #1 YELLOW                785.39      0.36      0.30
         #1 BROWN                 684.31      0.31      0.32
         #1 ORIENTAL              554.79      0.25      0.24

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Sep 20/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -#1DNS GREAT FALLS      N/A      N/A    315.92   302.96     +4.3%
      -#1DNS PORTLAND         N/A      N/A    351.09   343.49     +2.2%
CORN  -#2 CHICAGO           285.06   290.19   302.17   252.02    +19.9%
BARLEY-#2FD GREAT FALLS     215.28   213.47   215.57   207.49     +3.9%
SOYBNS-#1 ILLINOIS          604.40   631.44   629.17   494.95    +27.1%
EXCH RATE Sep 20/2012: US$ in CANADA$  .9765  CANADA$ IN US$ 1.0241
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Sep 16/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            # 7   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    378.6   1,766.3   1,553.1    +13.7%     +7.3%
 DURUM              80.1     500.7     327.0    +53.1%     -1.7%
 BARLEY              8.9      78.9      43.5    +81.4%    +41.7%
 OATS               28.4     208.0     201.4     +3.3%    +10.4%
 PEAS              110.8     361.5     366.6     -1.4%    +16.9%
 FLAXSEED           N/A       18.2      33.8    -46.2%     N/A
 CANOLA            148.6     648.2     801.4    -19.1%    -10.6%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Sep 19/2012
 CANOLA CRUSH      150.1     970.2     866.5    +12.0%     +2.9%

U.S. EXPORTS ('000 TONNES) as of Sep 13/2012
 WHEAT             799.3   8,388.7   9,532.5    -12.0%    +14.3%
 BARLEY             20.6      96.9     116.4    -16.8%    +11.1%
 CORN              708.3     945.6   1,211.8    -22.0%    -18.8%
 SOYBEANS          271.0     614.3     670.4     -8.4%    -22.4%

NOPA SOYBEAN Month Ending: Jul 31/2012
 SOYBEAN CRUSH   3,346.2  40,413.9  39,664.0     +1.9%    -12.0%
* From Canadian Grain Commission Calendar