Weekly Crop Market Review - February 1, 2013

The next weekly will be published on Friday, February 8, 2013
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 01/2013
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -SASK  MAR13        N/A        N/A     241.50      +0.00
        -SASK  MAY13        N/A        N/A     242.50      +0.00
        -SASK  JUL13        N/A        N/A     243.00      +0.00
CANOLA  -SASK  MAR13     633.40     612.50     624.50     +12.00
        -SASK  MAY13     622.90     602.70     614.00     +11.90
        -SASK  JUL13     612.50     591.90     604.30     +12.50
DURUM   -WPG   MAR13        N/A        N/A     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     291.00      +0.00
WHEAT   -WPG   MAY13        N/A        N/A     294.00      +0.00
        -WPG   JUL13        N/A        N/A     296.00      +0.00

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 01/2013
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR13   7.91       7.64 1/2   7.65      -0.11 1/2
        -CBT   MAY13   7.99 3/4   7.72 1/2   7.73 1/4  -0.11 1/2
WHEAT   -MINN  MAR13   8.73       8.51 1/2   8.51 3/4  -0.13 1/4
        -MINN  MAY13   8.85 1/4   8.64       8.64 1/4  -0.12 1/2
WHEAT   -KANS  MAR13   8.47 1/4   8.21       8.22      -0.07 1/2
        -KANS  MAY13   8.58 1/2   8.32 3/4   8.33 1/2  -0.06 3/4
CORN    -CBT   MAR13   7.46 1/4   7.19       7.36      +0.15 1/4
        -CBT   MAY13   7.47 1/2   7.19 1/2   7.37 3/4  +0.16 1/4
OATS    -CBT   MAR13   3.69 3/4   3.56 1/2   3.59 1/4  -0.03 3/4
        -CBT   MAY13   3.76 1/4   3.63 1/2   3.65 3/4  -0.04 1/4
SOYBEAN -CBT   MAR13  14.86 1/2  14.34 3/4  14.74 1/4  +0.33 1/4
        -CBT   MAY13  14.76 1/2  14.19 3/4  14.65 1/2  +0.39 1/2
        -CBT   JUL13  14.65      14.11 1/4  14.55 1/4  +0.37 1/2
SOYOIL  -CBT   MAR13      53.57      51.60      52.99      +0.89
(¢/lb)  -CBT   MAY13      53.98      52.01      53.41      +0.93
SOYMEAL -CBT   MAR13     434.40     414.60     428.20     +11.80
($/ton) -CBT   MAY13     430.60     410.00     425.10     +13.50

FEEDMILL BIDS on Jan 28/2013 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH                N/A       290.00-293.00
      -REDDEER             N/A       287.00-292.00
      -EDMTN               N/A       287.00-293.00
OATS  -EDMTN               N/A       182.00-190.00
PEAS - EDMTN               N/A       308.00-318.00
BARLEY-LETH                N/A       277.00-279.00
      -MH/BRKS             N/A       270.00-276.00
      -CALGARY             N/A       270.00-274.00
      -REDDEER             N/A       260.00-268.00
      -VERM                N/A       257.00-260.00
      -EDMTN               N/A       250.00-256.00
      -GRANDEP             N/A       215.00-225.00
CANOLA CRUSHER on Jan 30/2013
      -Meal (FOB)        345.92           337.90
      -Seed (DEL)        628.00           612.28


ELEVATOR BIDS (CND $/TONNE) on Jan 31/2013
                HIGH       LOW   AVERAGE    CHANGE
*CWRS         301.75    280.65    293.14     +0.00
**CPS         292.82    261.30    282.15     +0.00

* #1/2 Canada Western Red Spring Wheat, 13% or higher protein
** #1/2 Canada Prairie Spring Wheat, 10.5% or higher protein


ELEVATOR BIDS on Feb 01/2013 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     281.42           272.02
FEED OATS  -Red Deer     189.25           182.35
FEED BARLEY-Red Deer     223.31           238.74
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks       570.05           569.65
CANOLA     -Red Deer     641.02           623.40

SPECIAL CROP CASH BIDS on Jan 31/2013
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           570.63     15.53      9.18
     FEED                         279.81      7.62      5.05
     LARGE YELLOW #2 OR BETTER    319.49      8.70      8.30
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 445.33      0.20      0.26
         #1 ESTON                 498.46      0.23      0.27
 MUSTARD #1 YELLOW                860.57      0.39      0.36
         #1 BROWN                 765.22      0.35      0.31
         #1 ORIENTAL              587.53      0.27      0.23

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 31/2013
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -#1DNS GREAT FALLS    308.18   308.07   312.76   302.96     +3.2%
      -#1DNS PORTLAND       352.89   351.55   356.15   343.49     +3.7%
CORN  -#2 CHICAGO           298.98   294.05   291.73   252.02    +15.8%
BARLEY-#2FD GREAT FALLS     208.87   210.05   214.13   207.49     +3.2%
      -#2 TULARE              N/A    331.65   339.78   313.29     +8.5%
SOYBNS-#1 ILLINOIS          550.03   541.79   568.83   494.95    +14.9%
EXCH RATE Jan 31/2013: US$ in CANADA$  .9973  CANADA$ IN US$ 1.0027

CANADIAN EXPORTS ('000 TONNES) as of Jan 27/2013
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #26   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    264.7   6,668.6   6,552.9     +1.8%     +7.3%
 DURUM             102.6   2,332.9   1,715.1    +36.0%     +6.7%
 BARLEY              8.5     793.5     610.2    +30.0%     +8.3%
 OATS               18.8     636.9     763.7    -16.6%    -20.2%
 PEAS               N/A      885.4   1,041.3    -15.0%     +2.9%
 FLAXSEED            2.2     155.0     119.7    +29.5%     -4.9%
 CANOLA             93.8   4,033.5   4,684.7    -13.9%    -33.6%

CANADIAN CANOLA CRUSH ('000 TONNES) as of Jan 30/2013
 CANOLA CRUSH      115.4   3,529.8   3,343.9     +5.6%     +2.9%

U.S. EXPORTS ('000 TONNES) as of Jan 24/2013
 WHEAT             606.4  15,910.9  17,897.5    -11.1%     N/A
 BARLEY             N/A      121.6     122.6     -0.8%    +11.1%
 CORN              536.7   7,760.7  17,059.3    -54.5%    -38.4%
 SOYBEANS        1,106.8  25,865.3  19,550.4    +32.3%     -1.2%

NOPA SOYBEAN Month Ending: Dec 31/2012
 SOYBEAN CRUSH   4,351.7  16,070.0  14,647.0     +9.7%     -5.8%

* From Canadian Grain Commission Calendar