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Weekly Crop Market Review - May 20, 2005

The next weekly will be published on Friday, May 27, 2005

This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of May 20/2005
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  JUL05      90.40      88.50      90.40      +1.00
        -SASK  OCT05     100.70      98.00     100.70      +2.30
        -SASK  DEC05        N/A        N/A     105.20      +1.80
BARLEY  -LETH  JUL05     114.50     113.00     113.50      +1.50
        -LETH  OCT05     120.00     118.50     120.00      +2.00
        -LETH  DEC05        N/A        N/A     122.80      +2.10
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     288.00     285.10     285.50      +5.40
        -SASK  SEP05        N/A        N/A     289.60      +5.20
        -SASK  NOV05     295.00     293.50     293.90      +5.80

U.S. FUTURES (U.S. $/BUSHEL) as of May 20/2005
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL05   3.18       3.04       3.13      +0.10 1/4
        -CBT   SEP05   3.26 3/4   3.13       3.23 1/2  +0.11 3/4
WHEAT   -MINN  SEP05   3.40 1/2   3.29 1/4   3.36 3/4  +0.08 1/2
        -MINN  DEC05   3.49       3.40       3.46 3/4  +0.07 3/4
WHEAT   -KANS  JUL05   3.24       3.09 1/2   3.21 1/4  +0.11 3/4
        -KANS  SEP05   3.30 1/4   3.16 1/4   3.26 1/2  +0.10
CORN    -CBT   SEP05   2.22 1/2   2.13 3/4   2.21 1/4  +0.09 1/2
        -CBT   DEC05   2.32 1/4   2.23 3/4   2.31      +0.09 1/4
OATS    -CBT   JUL05   1.38       1.31 1/2   1.35 1/4  +0.03 1/4
        -CBT   SEP05   1.41 1/2   1.37 1/4   1.39 1/2  +0.02 3/4
SOYBEAN -CBT   JUL05   6.40 1/2   6.12       6.32      +0.19 1/4
        -CBT   AUG05   6.39 1/2   6.12 1/2   6.32      +0.19 1/4
        -CBT   SEP05   6.36 1/2   6.09 1/2   6.30      +0.22 1/4
SOYOIL  -CBT   JUL05      22.52      21.86      22.31      +0.09
(¢/lb)  -CBT   AUG05      22.56      21.95      22.39      +0.08
SOYMEAL -CBT   JUL05     199.80     189.50     196.30      +6.90
($/ton) -CBT   AUG05     199.30     189.40     195.80      +6.30

FEEDMILL BIDS on May 16/2005 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           105.00-111.00     85.00-111.00
      -REDDEER         82.70-102.00     84.50-102.00
      -EDMTN           82.70-95.00      82.70-103.00
OATS  -EDMTN          100.50-103.70    100.50-103.70
PEAS - EDMTN          113.90-119.40    113.90-119.40
BARLEY-LETH           105.00-117.00    105.00-117.00
      -MH/BRKS        101.00-110.20    101.00-110.20
      -CALGARY        101.00-111.00    101.00-111.00
      -REDDEER         94.20-109.00     94.20-109.00
      -VERM            87.30-91.90      87.30-91.90
      -EDMTN           91.90-98.70      91.90-96.50
      -PEACE R         88.20-89.60      89.60-93.00
CANOLA CRUSHER on May 19/2005
      -Meal (FOB)        155.87           154.33
      -Seed (DEL)        292.87           288.93

ELEVATOR BIDS, RED DEER, on May 20/2005 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                     80.57            87.45
OATS                     104.24            98.40
BARLEY                    92.55            96.67
RYE                       82.01            82.01
FLAXSEED                    .00              .00
CANOLA                   275.10           275.56

SPECIAL CROP CASH BIDS on May 19/2005
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           150.83      4.10      6.21
     FEED                         100.50      2.74      4.72
     LARGE YELLOW #2 OR BETTER    137.42      3.74      5.72
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 363.98      0.17      0.22
         #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 $/TONNE) as of May 19/2005
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    237.50   230.50   238.42   242.45     -1.7%
      -CWB #1CWRS VANC*     241.01   234.93   245.24   267.97     -8.5%
      -#1DNS GREAT FALLS    162.02   156.34   162.07   187.13    -13.4%
      -#1DNS PORTLAND       210.62   204.62   208.79   235.30    -11.3%
CORN  -#2 CHICAGO           102.17    98.53    99.01   135.68    -27.0%
BARLEY-#2 PORTLAND            N/A      N/A    132.36   168.68    -21.5%
      -#2FD GREAT FALLS      99.99    99.32    85.43   119.51    -28.5%
      -#2 STOCKTON          156.37   155.32   149.54   192.23    -22.2%
SOYBNS-#1 ILLINOIS          294.40   290.14   263.20   393.09    -33.0%
EXCH RATE May 19/2005: US$ in CANADA$ 1.2598  CANADA$ IN US$ 0.7938
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 15/2005
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #41   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    187.9   8,657.1   8,643.6     +0.2%     -0.5%
 DURUM              89.1   2,306.5   2,609.3    -11.6%     +3.6%
 BARLEY             31.9     855.5   1,454.0    -41.2%    -21.1%
 OATS               10.2     561.0     879.3    -36.2%     +9.5%
 PEAS               38.3     972.8     926.8     +5.0%    +13.9%
 FLAXSEED            3.5     360.6     470.8    -23.4%    -42.5%
 CANOLA-EXPORTS     23.4   2,585.7   3,032.1    -14.7%    -12.1%
 CANOLA-CRUSH       42.3   2,425.9   2,646.6     -8.3%     -5.6%
U.S. EXPORTS ('000 TONNES) as of May 12/2005
 WHEAT             493.5  26,882.8  29,466.1     -8.8%     -9.4%
 BARLEY               .3     387.1     372.4     +4.0%    -10.5%
 CORN              683.7  30,226.3  32,835.4     -7.9%     -5.1%
 SOYBEANS          270.7  26,387.7  21,828.7    +20.9%    +25.0%
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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