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Weekly Crop Market Review - May 13, 2005

The next weekly will be published on Friday, May 20, 2005

This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of May 13/2005
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  JUL05      90.00      88.50      89.40      +0.90
        -SASK  OCT05      99.00      98.00      98.40      +0.40
        -SASK  DEC05     103.50     103.40     103.40      +1.00
BARLEY  -LETH  JUL05     113.50     111.80     112.00      -0.90
        -LETH  OCT05     119.60     118.00     118.00      +0.00
        -LETH  DEC05        N/A        N/A     120.70      -0.10
FLAX*   -WPG   JUL05        N/A        N/A     488.00      +0.00
        -WPG   OCT05        N/A        N/A     338.00      +0.00
        -WPG   DEC05        N/A        N/A     342.00      +0.00
CANOLA  -SASK  JUL05     287.90     280.00     280.10      -2.50
        -SASK  SEP05        N/A        N/A     284.40      -2.50
        -SASK  NOV05     295.10     287.50     288.10      -2.40

U.S. FUTURES (U.S. $/BUSHEL) as of May 13/2005
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL05   3.23       3.02 1/2   3.02 3/4  -0.14 1/4
        -CBT   SEP05   3.32       3.11 1/2   3.11 3/4  -0.14 1/4
WHEAT   -MINN  JUL05   3.35       3.20 3/4   3.21      -0.12 1/4
        -MINN  SEP05   3.41 1/2   3.28       3.28 1/4  -0.11
WHEAT   -KANS  JUL05   3.24 1/2   3.08 1/2   3.09 1/2  -0.10 1/2
        -KANS  SEP05   3.33 3/4   3.15 1/2   3.16 1/2  -0.08 1/2
CORN    -CBT   JUL05   2.10       2.03       2.03 1/2  -0.04 3/4
        -CBT   SEP05   2.18 1/4   2.11 1/4   2.11 3/4  -0.04 1/2
OATS    -CBT   JUL05   1.40 1/2   1.32       1.32      -0.06 1/4
        -CBT   SEP05   1.43       1.36 1/2   1.36 3/4  -0.04 1/2
SOYBEAN -CBT   JUL05   6.47 1/2   6.06 1/2   6.12 3/4  -0.27 1/4
        -CBT   AUG05   6.45       6.07       6.12 3/4  -0.25
        -CBT   SEP05   6.38       6.04 1/2   6.07 3/4  -0.19 3/4
SOYOIL  -CBT   JUL05      23.75      22.02      22.22      -1.09
(¢/lb)  -CBT   AUG05      23.74      22.14      22.31      -1.04
SOYMEAL -CBT   JUL05     197.00     187.50     189.40      -5.20
($/ton) -CBT   AUG05     196.50     187.20     189.50      -4.80

FEEDMILL BIDS on May 09/2005 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH            85.00-111.00    100.00-111.00
      -REDDEER         84.50-102.00     84.50-102.00
      -EDMTN           82.70-103.00     82.70-90.00
OATS  -EDMTN          100.50-103.70    100.50-103.00
PEAS - EDMTN          113.90-119.40    113.90-119.40
BARLEY-LETH           105.00-117.00    109.00-117.00
      -MH/BRKS        101.00-110.20    101.00-110.00
      -CALGARY        101.00-111.00    101.00-111.00
      -REDDEER         94.20-109.00     94.00-109.00
      -VERM            87.30-91.90      91.90-98.70
      -EDMTN           91.90-96.50      91.90-96.50
      -PEACE R         89.60-93.00      89.60-93.00
CANOLA CRUSHER on May 12/2005
      -Meal (FOB)        154.33           151.33
      -Seed (DEL)        288.93           286.03

ELEVATOR BIDS, RED DEER, on May 13/2005 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                     87.45            87.27
OATS                      98.40           101.97
BARLEY                    96.67            91.44
RYE                       82.01            82.01
FLAXSEED                    .00              .00
CANOLA                   275.56           271.61

SPECIAL CROP CASH BIDS on May 12/2005
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           151.75      4.13      6.21
     FEED                         100.50      2.74      4.72
     LARGE YELLOW #2 OR BETTER    137.42      3.74      5.82
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 363.10      0.16      0.23
         #1 ESTON                 472.89      0.21      0.19
 MUSTARD #1 YELLOW                304.57      0.14      0.18
         #1 BROWN                 296.30      0.13      0.18
         #1 ORIENTAL              289.36      0.13      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 12/2005
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    230.50   232.40   238.44   242.45     -1.7%
      -CWB #1CWRS VANC*     234.93     N/A    245.43   267.97     -8.4%
      -#1DNS GREAT FALLS    110.36   159.25   160.83   187.13    -14.1%
      -#1DNS PORTLAND       204.62   207.30   208.74   235.30    -11.3%
CORN  -#2 CHICAGO            98.53    98.55    98.93   135.68    -27.1%
BARLEY-#2 PORTLAND            N/A      N/A    132.36   168.68    -21.5%
      -#2FD GREAT FALLS      99.32    98.84    85.02   119.51    -28.9%
      -#2 STOCKTON          155.32   154.58   149.37   192.23    -22.3%
SOYBNS-#1 ILLINOIS          290.14   290.12   262.44   393.09    -33.2%
EXCH RATE May 12/2005: US$ in CANADA$ 1.2514  CANADA$ IN US$ 0.7991
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 08/2005
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #40   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    286.5   8,469.2   8,241.2     +2.8%     -0.5%
 DURUM             143.6   2,217.4   2,505.2    -11.5%     +3.6%
 BARLEY             13.0     823.6   1,298.9    -36.6%    -21.1%
 OATS               16.6     550.8     865.0    -36.3%     +9.5%
 PEAS               34.5     934.5     914.7     +2.2%    +13.9%
 FLAXSEED           11.4     357.1     447.7    -20.2%    -42.5%
 CANOLA-EXPORTS     23.6   2,557.4   2,892.1    -11.6%    -12.1%
 CANOLA-CRUSH       51.6   2,383.6   2,591.1     -8.0%     -5.6%
U.S. EXPORTS ('000 TONNES) as of May 05/2005
 WHEAT             374.9  26,370.0  28,901.3     -8.8%     -9.4%
 BARLEY             42.5     386.8     372.4     +3.9%    -21.1%
 CORN              767.3  29,466.4  32,116.0     -8.3%     -5.1%
 SOYBEANS          224.5  26,107.8  21,711.9    +20.2%    +22.0%
NOPA SOYBEAN Month Ending: Mar 31/2005
 SOYBEAN CRUSH    3859.5  26,240.6  25,230.6     +4.0%     +7.8%
* From Canadian Grain Commission Calendar
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