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Weekly Crop Market Review - February 11, 2005

The next weekly will be published on Friday, February 18, 2005
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Feb 11/2005
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  MAR05      72.00      70.00      70.60      -0.30
        -SASK  MAY05      76.50      75.00      75.60      -0.40
        -SASK  JUL05      81.00      79.00      79.00      +0.50
BARLEY  -LETH  MAR05     110.00     106.00     109.00      +2.60
        -LETH  MAY05     112.00     107.50     109.60      +0.60
        -LETH  JUL05     112.00     109.50     111.20      -1.00
FLAX*   -WPG   MAR05        N/A        N/A     480.00      +0.00
        -WPG   MAY05        N/A        N/A     484.00      +0.00
        -WPG   JUL05        N/A        N/A     488.00      +0.00
CANOLA  -SASK  MAR05     250.90     243.20     249.20      +2.20
        -SASK  MAY05     252.60     244.40     250.60      +2.00
        -SASK  JUL05     256.70     248.70     255.00      +3.90

U.S. FUTURES (U.S. $/BUSHEL) as of Feb 11/2005
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   MAR05   2.97 3/4   2.88 1/2   2.94 1/2  +0.06 3/4
        -CBT   MAY05   3.05       2.96 1/2   3.03      +0.06 1/2
WHEAT   -MINN  MAY05   3.35 1/2   3.29 1/2   3.32 1/2  +0.02 1/2
        -MINN  JUL05   3.31       3.26 1/2   3.30 3/4  +0.01 3/4
WHEAT   -KANS  MAR05   3.34       3.23       3.29 1/2  +0.07 1/4
        -KANS  MAY05   3.21       3.15 1/2   3.19 3/4  +0.03 3/4
CORN    -CBT   MAY05   2.07 1/2   2.02       2.06      +0.03
        -CBT   JUL05   2.13 3/4   2.09       2.12 1/2  +0.02 1/4
OATS    -CBT   MAR05   1.69       1.60 3/4   1.62 1/2  +0.00 3/4
        -CBT   MAY05   1.59 1/2   1.54 3/4   1.58      +0.03 1/4
SOYBEAN -CBT   MAR05   5.28 1/2   5.00       5.25 3/4  +0.26 1/4
        -CBT   MAY05   5.27       5.02 1/2   5.26 1/2  +0.24 1/4
        -CBT   JUL05   5.29       5.07 1/2   5.27 3/4  +0.20 3/4
SOYOIL  -CBT   MAR05      20.13      18.97      20.01      +0.97
(¢/lb)  -CBT   MAY05      20.22      19.18      20.19      +0.96
SOYMEAL -CBT   MAR05     158.60     148.10     157.10      +8.30
($/ton) -CBT   MAY05     157.50     149.20     156.10      +6.00

FEEDMILL BIDS on Feb 07/2005 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH            77.10-106.50     77.10-108.00
      -REDDEER         80.80-97.00      80.80-95.00
      -EDMTN           77.20-91.90      77.20-88.20
OATS  -EDMTN           94.00-97.30      90.80-97.30
PEAS - EDMTN          110.20-128.60    110.20-128.60
BARLEY-LETH           104.00-113.00    105.00-114.00
      -MH/BRKS         98.00-106.00    100.00-110.00
      -CALGARY         96.50-109.00    101.00-109.00
      -REDDEER         95.00-105.00     95.00-106.00
      -VERM            87.30-96.50      87.30-96.50
      -EDMTN           87.30-96.50      91.90-112.50
      -PEACE R         78.10-110.00     78.10-110.00
CANOLA CRUSHER on Feb 10/2005
      -Meal (FOB)        140.48           138.20
      -Seed (DEL)        247.98           254.33

ELEVATOR BIDS, RED DEER, on Feb 11/2005 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                     74.70            76.94
OATS                      94.80           101.64
BARLEY                    93.40            91.51
RYE                       86.50            91.06
FLAXSEED                    .00              .00
CANOLA                   244.80           242.17

SPECIAL CROP CASH BIDS on Feb 10/2005
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           153.96      4.19      5.37
     FEED                          92.05      2.51      4.37
     LARGE YELLOW #2 OR BETTER    132.83      3.62      4.92
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 384.70      0.17      0.20
         #1 ESTON                 522.49      0.24      0.16
 MUSTARD #1 YELLOW                290.79      0.13      0.16
         #1 BROWN                 290.79      0.13      0.17
         #1 ORIENTAL              290.79      0.13      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 10/2005
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    253.35   251.75   239.68   242.45     -1.1%
      -CWB #1CWRS VANC*     251.23   248.31   247.77   267.97     -7.5%
      -#1DNS GREAT FALLS    167.05   163.75   163.84   187.13    -12.4%
      -#1DNS PORTLAND       212.70   212.33   210.33   235.30    -10.6%
CORN  -#2 CHICAGO            97.07    94.08    98.93   135.68    -27.1%
BARLEY-#2 PORTLAND          138.98     N/A    130.43   168.68    -22.7%
      -#2FD GREAT FALLS      82.16    90.32    81.00   119.51    -32.2%
      -#2 STOCKTON          150.62   150.53   149.19   192.23    -22.4%
SOYBNS-#1 ILLINOIS          240.08   232.40   254.51   393.09    -35.3%
EXCH RATE Feb 10/2005: US$ in CANADA$ 1.2422  CANADA$ IN US$ 0.8050
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 06/2005
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #27   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    192.6   5,589.9   5,386.8     +3.8%     -0.5%
 DURUM              42.6   1,655.9   1,987.1    -16.7%     +3.6%
 BARLEY             55.9     495.1     614.1    -19.4%    -21.1%
 OATS               16.7     375.0     671.6    -44.2%     +9.5%
 PEAS               N/A      638.3     581.6     +9.7%    +13.9%
 FLAXSEED            2.8     230.1     367.1    -37.3%    -42.5%
 CANOLA-EXPORTS     19.1   1,779.0   2,216.9    -19.8%    -12.1%
 CANOLA-CRUSH       62.2   1,612.6   1,716.0     -6.0%     -5.6%
U.S. EXPORTS ('000 TONNES) as of Feb 03/2005
 WHEAT             356.0  19,935.8  20,927.4     -4.7%    -11.6%
 BARLEY              6.1     242.3     348.7    -30.5%    -21.1%
 CORN              562.0  19,366.1  20,795.7     -6.9%     +0.2%
 SOYBEANS          717.7  18,493.3  17,429.4     +6.1%    +14.1%
NOPA SOYBEAN Month Ending: Dec 31/2004
 SOYBEAN CRUSH    3902.4  14,965.1  14,789.9     +1.2%     +8.2%
* From Canadian Grain Commission Calendar

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