Weekly Crop Market Review - January 1, 2010

The next weekly will be published on Friday, January 8, 2010
This information is collected by the Statistics and Data Development Branch

WINNIPEG FUTURES (CDN $/TONNE) as of Jan 01/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
BARLEY  -LETH  MAR10     160.00     154.50     156.80      +0.80
        -LETH  MAY10        N/A        N/A     158.00      +0.80
        -LETH  JUL10        N/A        N/A     158.00      +0.80
CANOLA  -SASK  MAR10     414.80     406.10     412.40      +8.80
        -SASK  MAY10     421.30     412.00     418.60      +8.70
        -SASK  JUL10     426.20     417.80     423.70      +8.50

U.S. FUTURES (U.S. $/BUSHEL) as of Jan 01/2010
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR10   5.53       5.30       5.41 1/2  +0.17
        -CBT   MAY10   5.64       5.54 1/4   5.55      +0.17
WHEAT   -MINN  MAR10   5.57 1/2   5.29 3/4   5.45      +0.13 1/2
        -MINN  MAY10   5.69       5.51 1/4   5.57      +0.13 1/2
WHEAT   -KANS  MAR10   5.48       5.29       5.36 1/4  +0.14 3/4
        -KANS  MAY10   5.57 1/4   5.47       5.47 3/4  +0.14 3/4
CORN    -CBT   MAR10   4.18 1/2   4.06       4.14 1/2  +0.06
        -CBT   MAY10   4.27 3/4   4.16 1/2   4.24 1/4  +0.05 1/2
OATS    -CBT   MAR10   2.81       2.65       2.77      +0.17
        -CBT   MAY10   2.85       2.73 1/4   2.85      +0.16 3/4
SOYBEAN -CBT   MAR10  10.61 1/2  10.20      10.48 1/2  +0.40 1/2
        -CBT   MAY10  10.66      10.25 1/2  10.53 3/4  +0.39 1/4
        -CBT   JUL10  10.69      10.32      10.59 1/4  +0.39 3/4
SOYOIL  -CBT   MAR10      40.96      39.20      40.78      +1.92
(¢/lb)  -CBT   MAY10      41.34      39.70      41.16      +1.92
SOYMEAL -CBT   MAR10     312.00     299.00     306.10      +9.80
($/ton) -CBT   MAY10     307.30     296.70     300.10      +6.40

FEEDMILL BIDS on Dec 28/2009 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           165.00-170.00    165.00-174.00
      -REDDEER             N/A              N/A
      -EDMTN          152.49-165.00    150.65-165.00
OATS  -EDMTN          136.17-160.00    136.17-165.00
PEAS - EDMTN          180.05-213.12    180.05-213.12
BARLEY-LETH           155.00-155.00    155.00-156.00
      -MH/BRKS        148.00-155.00    148.00-155.00
      -CALGARY             N/A              N/A
      -REDDEER             N/A              N/A
      -VERM           124.01-137.79    124.01-137.79
      -EDMTN          135.95-152.00    135.95-155.00
      -PEACE R        114.83-121.71    114.83-121.71
CANOLA CRUSHER on Dec 30/2009
      -Meal (FOB)        235.33           220.43
      -Seed (DEL)        393.10           383.70

ELEVATOR BIDS on Jan 01/2010 (Delivered)
                        THIS WEEK        LAST WEEK
FEED WHEAT -Red Deer     138.00           134.55
FEED OATS  -Red Deer       N/A              N/A
FEED BARLEY-Red Deer     130.81           122.08
RYE        -Red Deer       N/A              N/A
FLAXSEED   -Brooks         N/A            325.18
CANOLA     -Red Deer     391.47           383.54

SPECIAL CROP CASH BIDS on Dec 31/2009
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           266.39      7.25      7.12
     FEED                         149.00      4.06      3.79
     LARGE YELLOW #2 OR BETTER    211.65      5.76      5.20
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 814.60      0.37      0.22
         #1 ESTON                 665.79      0.30      0.23
 MUSTARD #1 YELLOW                548.40      0.25      0.41
         #1 BROWN                 449.19      0.20      0.29
         #1 ORIENTAL              504.31      0.23      0.38

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 31/2009
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    307.75   299.45   294.06   386.99    -24.0%
      -CWB #1CWRS VANC*       N/A      N/A    297.82   380.18    -21.7%
      -#1DNS GREAT FALLS      N/A      N/A    194.06   293.37    -33.9%
      -#1DNS PORTLAND         N/A      N/A    228.84   335.56    -31.8%
CORN  -#2 CHICAGO           156.63   149.31   141.69   176.85    -19.9%
BARLEY-#2 PORTLAND            N/A      N/A      N/A      N/A      N/A
      -#2FD GREAT FALLS     125.05     N/A    105.56   137.01    -22.9%
      -#2 STOCKTON            N/A      N/A    185.36   271.92    -31.8%
SOYBNS-#1 ILLINOIS          404.14   383.84   404.98   449.31     -9.9%
EXCH RATE Dec 31/2009: US$ in CANADA$ 1.0553  CANADA$ IN US$ 0.9476
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 20/2009
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #20   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    203.3   5,425.0   5,057.1     +7.3%    -12.2%
 DURUM              88.3   1,261.2   1,134.5    +11.2%     +2.7%
 BARLEY             N/A      586.5     461.3    +27.1%    -20.0%
 OATS                5.9     378.7     807.3    -53.1%    -10.0%
 PEAS                 .1     644.7     750.3    -14.1%    -15.1%
 FLAXSEED           30.8     178.1     320.1    -44.4%     -7.4%
 CANOLA-EXPORTS    147.1   2,775.9   2,858.8     -2.9%    -25.4%
 CANOLA-CRUSH       73.9   1,475.5   1,649.1    -10.5%    +14.5%
U.S. EXPORTS ('000 TONNES) as of Dec 24/2009
 WHEAT             289.9  13,023.2  17,874.6    -27.1%    -13.8%
 BARLEY              8.6      53.4     227.8    -76.6%    -23.1%
 CORN              687.9  12,950.1  13,133.3     -1.4%    +10.3%
 SOYBEANS        1,412.9  18,957.6  13,508.8    +40.3%     +4.4%
NOPA SOYBEAN Month Ending: Oct 31/2009
 SOYBEAN CRUSH   4,225.5   7,147.9   7,178.7     -0.4%     +2.0%
* From Canadian Grain Commission Calendar