Weekly Crop Market Review - December 21, 2012

The next weekly will be published on Friday, January 4, 2013
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Dec 21/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAR13        N/A        N/A     247.00      -1.00
        -SASK  MAY13        N/A        N/A     248.00      -1.00
        -SASK  JUL13        N/A        N/A     248.50      -1.00
CANOLA  -SASK  JAN13     603.80     572.20     582.10     -15.90
        -SASK  MAR13     600.00     568.40     578.70     -15.80
        -SASK  MAY13     598.70     565.20     575.40     -18.20
DURUM   -WPG   MAR13     312.40     312.40     312.40      +0.00
WHEAT   -WPG   MAY13        N/A        N/A     316.40      +0.00
        -WPG   JUL13        N/A        N/A     319.40      +0.00
MILLING -WPG   MAR13        N/A        N/A     290.50      +0.00
WHEAT   -WPG   MAY13        N/A        N/A     293.50      +0.00
        -WPG   JUL13        N/A        N/A     295.50      +0.00

U.S. FUTURES (U.S. $/BUSHEL) as of Dec 21/2012
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR13   8.22 3/4   7.82 1/2   7.92      -0.22
        -CBT   MAY13   8.33 3/4   7.94 1/2   8.02      -0.24 1/4
WHEAT   -MINN  MAR13   9.11 1/2   8.80 3/4   8.81 1/2  -0.21 1/2
        -MINN  MAY13   9.20       8.91       8.91 3/4  -0.22 1/4
WHEAT   -KANS  MAR13   8.73 1/4   8.40 1/2   8.42      -0.22 1/4
        -KANS  MAY13   8.83       8.50 1/2   8.52      -0.22 1/4
CORN    -CBT   MAR13   7.34 3/4   6.87 1/2   7.02      -0.28 3/4
        -CBT   MAY13   7.37 1/2   6.91 1/4   7.04 3/4  -0.29
OATS    -CBT   MAR13   3.94       3.53 1/4   3.64 3/4  -0.25
        -CBT   MAY13   3.98       3.61       3.72 1/4  -0.23
SOYBEAN -CBT   JAN13  15.08 3/4  14.02 3/4  14.30 3/4  -0.65 1/4
        -CBT   MAR13  15.01 1/4  13.97 3/4  14.29 1/4  -0.62 1/4
        -CBT   MAY13  14.81      13.88 1/4  14.18 3/4  -0.52 3/4
SOYOIL  -CBT   JAN13      50.35      47.53      48.71      -1.28
(/lb)  -CBT   MAR13      50.75      47.92      49.12      -1.30
SOYMEAL -CBT   JAN13     462.00     426.00     433.80     -23.90
($/ton) -CBT   MAR13     457.90     423.20     431.40     -22.20

FEEDMILL BIDS on Dec 17/2012 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           300.00-302.00    300.00-305.00
      -REDDEER        302.00-308.00    300.00-310.00
      -EDMTN          295.00-301.00    301.00-308.00
OATS  -EDMTN          186.00-194.00    197.00-202.00
PEAS - EDMTN          322.00-328.00    320.00-330.00
BARLEY-LETH           278.00-282.00    278.00-282.00
      -MH/BRKS        274.00-278.00    274.00-278.00
      -CALGARY        270.00-273.00    270.00-275.00
      -REDDEER        261.00-268.00    264.00-270.00
      -VERM           262.00-264.00    258.00-264.00
      -EDMTN          255.00-262.00    259.00-262.00
      -GRANDEP        227.00-238.00    234.00-244.00
CANOLA CRUSHER on Dec 19/2012
      -Meal (FOB)        323.12           334.90
      -Seed (DEL)        572.09           581.12


ELEVATOR BIDS on Dec 21/2012 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     272.13           287.40
FEED OATS  -Red Deer     191.38           194.15
FEED BARLEY-Red Deer     237.23           235.73
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       569.65           569.65
CANOLA     -Red Deer     584.19           598.69

SPECIAL CROP CASH BIDS on Dec 20/2012
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           506.70     13.79      8.84
     FEED                         279.62      7.61      5.16
     LARGE YELLOW #2 OR BETTER    314.90      8.57      8.44
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 447.76      0.20      0.26
         #1 ESTON                 464.29      0.21      0.26
 MUSTARD #1 YELLOW                851.53      0.39      0.35
         #1 BROWN                 728.40      0.33      0.31
         #1 ORIENTAL              587.53      0.27      0.25

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 20/2012
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -#1DNS GREAT FALLS    303.28   308.30   317.64   302.96     +4.8%
      -#1DNS PORTLAND       347.36   352.99   361.78   343.49     +5.3%
CORN  -#2 CHICAGO           274.22   281.18   293.41   252.02    +16.4%
BARLEY-#2FD GREAT FALLS     206.78   217.11   215.94   207.49     +4.1%
SOYBNS-#1 ILLINOIS          518.31   541.51   580.06   494.95    +17.2%
EXCH RATE Dec 20/2012: US$ in CANADA$  .9873  CANADA$ IN US$ 1.0129
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS ('000 TONNES) as of Dec 16/2012
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #20   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    287.3   4,876.8   5,294.2     -7.9%     +7.3%
 DURUM              37.2   1,771.4   1,399.1    +26.6%     -1.7%
 BARLEY              3.7     689.9     466.9    +47.8%    +41.7%
 OATS               10.8     492.3     595.0    -17.3%    +10.4%
 PEAS               66.1     766.6     938.9    -18.4%     +2.9%
 FLAXSEED           24.9     107.7     103.7     +3.9%     -4.9%
 CANOLA            228.1   3,230.7   3,368.5     -4.1%    -33.6%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Dec 19/2012
 CANOLA CRUSH      149.7   2,869.0   2,539.7    +13.0%     +2.9%

U.S. EXPORTS ('000 TONNES) as of Dec 13/2012
 WHEAT             445.1  13,392.3  15,435.2    -13.2%     N/A
 BARLEY             N/A      121.2     122.1     -0.7%    +11.1%
 CORN              381.4   5,902.0  12,276.5    -51.9%    -25.5%
 SOYBEANS        1,006.7  18,706.2  13,359.6    +40.0%     -1.2%

NOPA SOYBEAN Month Ending: Oct 31/2012
 SOYBEAN CRUSH   4,178.5   7,437.1   6,844.4     +8.7%     -7.8%
* From Canadian Grain Commission Calendar