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Weekly Crop Market Review - May 27, 2005

The next weekly will be published on Friday, June 03, 2005
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of May 27/2005
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  JUL05      91.60      89.00      91.30      +0.90
        -SASK  OCT05     102.00      99.50     101.50      +0.80
        -SASK  DEC05     107.00     105.00     107.00      +1.80
BARLEY  -LETH  JUL05     116.00     113.50     115.10      +1.60
        -LETH  OCT05     121.30     119.20     121.30      +1.30
        -LETH  DEC05     124.10     122.50     124.10      +1.30
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     298.50     284.50     295.10      +9.60
        -SASK  SEP05        N/A        N/A     298.20      +8.60
        -SASK  NOV05     307.40     293.00     303.40      +9.50

U.S. FUTURES (U.S. $/BUSHEL) as of May 27/2005
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL05   3.40 1/4   3.18       3.35      +0.22
        -CBT   SEP05   3.49       3.27 1/2   3.44 1/4  +0.20 3/4
WHEAT   -MINN  SEP05   3.59 3/4   3.41       3.56      +0.19 1/4
        -MINN  DEC05   3.68 1/2   3.52       3.65 1/2  +0.18 3/4
WHEAT   -KANS  JUL05   3.44 1/2   3.27       3.38 1/4  +0.17
        -KANS  SEP05   3.50       3.32       3.45 1/2  +0.19
CORN    -CBT   SEP05   2.35 1/4   2.26 1/2   2.29 1/2  +0.08 1/4
        -CBT   DEC05   2.44       2.35 3/4   2.38 3/4  +0.07 3/4
OATS    -CBT   JUL05   1.40       1.35       1.35 1/4  +0.00
        -CBT   SEP05   1.43 1/2   1.39 1/2   1.39 1/2  +0.00
SOYBEAN -CBT   JUL05   6.77 1/2   6.37       6.67 3/4  +0.35 3/4
        -CBT   AUG05   6.78       6.37       6.69      +0.37
        -CBT   SEP05   6.76       6.35       6.67 1/2  +0.37 1/2
SOYOIL  -CBT   JUL05      23.86      22.60      23.26      +0.95
(¢/lb)  -CBT   AUG05      23.90      22.69      23.34      +0.95
SOYMEAL -CBT   JUL05     211.00     196.20     208.70     +12.40
($/ton) -CBT   AUG05     211.00     196.50     208.70     +12.90

FEEDMILL BIDS on May 23/2005 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH           102.00-110.00    105.00-111.00
      -REDDEER         82.70-102.00     82.70-102.00
      -EDMTN           82.70-95.00      82.70-95.00
OATS  -EDMTN           94.00-97.30     100.50-103.70
PEAS - EDMTN          110.20-117.60    113.90-119.40
BARLEY-LETH           104.00-113.00    105.00-117.00
      -MH/BRKS        101.00-111.00    101.00-110.20
      -CALGARY        104.00-111.00    101.00-111.00
      -REDDEER         94.20-109.00     94.20-109.00
      -VERM            85.00-91.90      87.30-91.90
      -EDMTN           91.90-98.70      91.90-98.70
      -PEACE R         88.20-89.60      88.20-89.60
CANOLA CRUSHER on May 26/2005
      -Meal (FOB)        172.33           155.87
      -Seed (DEL)        296.98           292.87

ELEVATOR BIDS, RED DEER, on May 27/2005 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                     92.20            80.57
OATS                     104.24           104.24
BARLEY                    98.74            92.55
RYE                       90.00            82.01
FLAXSEED                    .00              .00
CANOLA                   284.56           275.10

SPECIAL CROP CASH BIDS on May 26/2005
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           150.83      4.10      6.07
     FEED                         100.50      2.74      4.72
     LARGE YELLOW #2 OR BETTER    132.09      3.60      5.72
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 367.29      0.17      0.22
         #1 ESTON                 459.11      0.21      0.19
 MUSTARD #1 YELLOW                303.13      0.14      0.18
         #1 BROWN                 296.30      0.13      0.18
         #1 ORIENTAL              290.24      0.13      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 26/2005
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    248.00   237.50   238.64   242.45     -1.6%
      -CWB #1CWRS VANC*     245.20   241.01   245.23   267.97     -8.5%
      -#1DNS GREAT FALLS    123.84   162.02   161.09   187.13    -13.9%
      -#1DNS PORTLAND       219.27   210.62   209.06   235.30    -11.2%
CORN  -#2 CHICAGO           107.24   102.17    99.20   135.68    -26.9%
BARLEY-#2 PORTLAND            N/A      N/A    132.36   168.68    -21.5%
      -#2FD GREAT FALLS     100.56    99.99    85.82   119.51    -28.2%
      -#2 STOCKTON          157.26   156.37   149.72   192.23    -22.1%
SOYBNS-#1 ILLINOIS          315.64   294.40   264.42   393.09    -32.7%
EXCH RATE May 26/2005: US$ in CANADA$ 1.2670  CANADA$ IN US$ 0.7893
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 22/2005
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #42   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    220.9   8,878.0   8,966.2     -1.0%     -0.5%
 DURUM              61.0   2,367.5   2,625.9     -9.8%     +3.6%
 BARLEY              5.7     861.2   1,516.0    -43.2%    -21.1%
 OATS                3.9     566.6     886.5    -36.1%     +9.5%
 PEAS               36.1   1,008.9     949.1     +6.3%    +13.9%
 FLAXSEED            1.4     362.0     474.9    -23.8%    -42.5%
 CANOLA-EXPORTS     33.3   2,619.0   3,112.4    -15.9%    -12.1%
 CANOLA-CRUSH       53.6   2,479.6   2,716.1     -8.7%     -5.6%
U.S. EXPORTS ('000 TONNES) as of May 19/2005
 WHEAT             354.6  27,225.2  30,048.6     -9.4%     -9.4%
 BARLEY               .5     388.7     372.4     +4.4%    -10.5%
 CORN              912.5  31,181.3  33,919.8     -8.1%     -5.1%
 SOYBEANS          300.3  26,702.4  21,970.7    +21.5%    +25.0%
NOPA SOYBEAN Month Ending: Apr 30/2005
 SOYBEAN CRUSH    3651.9  29,892.5  28,098.4     +6.4%     +7.8%
* From Canadian Grain Commission Calendar

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