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Weekly Crop Market Review - June 24, 2005

The next weekly will be published on Friday, July 01, 2005
This information is collected by the Statistics and Data Development Unit

WINNIPEG FUTURES (CDN $/TONNE) as of Jun 24/2005
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -SASK  JUL05     103.50      97.90     100.00      +2.20
        -SASK  OCT05     110.00     103.00     107.00      +1.20
        -SASK  DEC05     115.00     110.00     112.00      +1.10
BARLEY  -LETH  JUL05     122.00     118.50     118.50      +1.30
        -LETH  OCT05     126.00     122.60     123.50      -0.50
        -LETH  DEC05     128.00     126.00     127.00      +0.40
FLAX*   -WPG   JUL05        N/A        N/A     485.00      +0.00
        -WPG   OCT05        N/A        N/A     335.00      +0.00
        -WPG   DEC05        N/A        N/A     339.00      +0.00
CANOLA  -SASK  JUL05     313.60     304.60     307.70      +3.60
        -SASK  SEP05     321.40     313.70     314.30      +2.30
        -SASK  NOV05     323.60     313.50     316.80      +4.10

U.S. FUTURES (U.S. $/BUSHEL) as of Jun 24/2005
              CONTRACT --------------------WEEKLY----------------
               MONTH       HIGH        LOW      CLOSE     CHANGE
WHEAT   -CBT   JUL05   3.45 1/2   3.31       3.39 1/2  +0.12
        -CBT   SEP05   3.56       3.42       3.50 1/4  +0.12 3/4
WHEAT   -MINN  SEP05   3.68       3.57       3.64 3/4  +0.13 1/4
        -MINN  DEC05   3.78       3.67       3.75      +0.13
WHEAT   -KANS  JUL05   3.48 1/2   3.34 1/4   3.39      +0.07 1/4
        -KANS  SEP05   3.56       3.43       3.49      +0.09 3/4
CORN    -CBT   SEP05   2.46 1/4   2.35 1/4   2.42      +0.03 1/2
        -CBT   DEC05   2.56 3/4   2.46       2.52 3/4  +0.03 3/4
OATS    -CBT   JUL05   1.57 1/2   1.48 3/4   1.55 1/4  +0.03
        -CBT   SEP05   1.61 1/2   1.54       1.60 3/4  +0.04
SOYBEAN -CBT   JUL05   7.52 1/4   7.24 1/2   7.44 1/2  +0.20 1/2
        -CBT   AUG05   7.55       7.30       7.48 1/4  +0.20 3/4
        -CBT   SEP05   7.60       7.33       7.56      +0.24 1/2
SOYOIL  -CBT   JUL05      26.18      25.15      26.15      +1.07
(¢/lb)  -CBT   AUG05      26.20      25.23      26.18      +0.97
SOYMEAL -CBT   JUL05     238.00     228.00     231.20      +2.20
($/ton) -CBT   AUG05     237.50     228.90     233.00      +4.30

FEEDMILL BIDS on Jun 20/2005 (Different Delivery Points)
                       THIS WEEK         LAST WEEK
WHEAT -LETH            93.50-112.00     93.50-112.00
      -REDDEER         84.50-104.00     84.50-104.00
      -EDMTN           84.50-98.00      84.50-98.00
OATS  -EDMTN           94.00-97.30      94.00-97.30
PEAS - EDMTN          110.20-117.60    110.20-117.60
BARLEY-LETH           100.00-119.00    109.00-115.00
      -MH/BRKS        105.00-113.00    103.00-111.00
      -CALGARY        101.00-112.00    101.00-111.50
      -REDDEER        101.00-104.00     94.20-104.00
      -VERM            87.30-91.90      85.00-91.90
      -EDMTN           87.30-98.00      87.30-98.00
      -PEACE R         87.30-89.60      85.00-89.60
CANOLA CRUSHER on Jun 23/2005
      -Meal (FOB)        194.00           182.67
      -Seed (DEL)        306.03           297.70

ELEVATOR BIDS, RED DEER, on Jun 24/2005 (Delivered)
                        THIS WEEK        LAST WEEK
WHEAT                     89.92            95.55
OATS                     104.24           105.86
BARLEY                    98.78            99.74
RYE                       90.00            90.00
FLAXSEED                    .00              .00
CANOLA                   292.67           293.16

SPECIAL CROP CASH BIDS on Jun 23/2005
                                                    Year Ago
 Basis delivered plant           $/Tonne  $/Bushel  $/Bushel
 PEA GREEN #2 OR BETTER           150.28      4.09      5.34
     FEED                          98.29      2.68      4.47
     LARGE YELLOW #2 OR BETTER    139.63      3.80      4.94
                                              $/Lb      $/Lb
 LENTILS #1 LAIRD                 351.63      0.16      0.20
         #1 ESTON                 470.13      0.21      0.18
 MUSTARD #1 YELLOW                312.84      0.14      0.18
         #1 BROWN                 303.13      0.14      0.18
         #1 ORIENTAL              296.30      0.13      0.20

WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 23/2005
                             THIS     LAST    AVG TO   LAST YR     PCT
                             WEEK     WEEK     DATE    AV PRICE    CHG
WHEAT -CWB #1CWRS ST LAW    249.90   250.15   239.29   242.45     -1.3%
      -CWB #1CWRS VANC*     249.64     N/A    245.12   267.97     -8.5%
      -#1DNS GREAT FALLS    156.16   170.69   162.48   187.13    -13.2%
      -#1DNS PORTLAND       218.18   214.27   209.55   235.30    -10.9%
CORN  -#2 CHICAGO           107.91   105.18    99.51   135.68    -26.7%
BARLEY-#2 PORTLAND            N/A    138.23   133.96   168.68    -20.6%
      -#2FD GREAT FALLS      92.34    95.33    86.72   119.51    -27.4%
      -#2 STOCKTON          150.73   151.17   149.93   192.23    -22.0%
SOYBNS-#1 ILLINOIS          331.90   322.66   269.07   393.09    -31.6%
EXCH RATE Jun 23/2005: US$ in CANADA$ 1.2319  CANADA$ IN US$ 0.8118
* #1CWRS VANCOUVER 13.5% PROTEIN

CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jun 19/2005
                    WEEK*  CROP YR   LAST YR       PCT    YR END
COMMODITY            #46   TO DATE   TO DATE       CHG  FORECAST
 WHEAT(EXC DUR)    173.7   9,601.8  10,152.1     -5.4%     +3.6%
 DURUM              90.4   2,654.0   2,761.3     -3.9%     +3.6%
 BARLEY             N/A      868.6   1,599.3    -45.7%    -32.3%
 OATS                6.0     615.0     922.7    -33.3%     -7.3%
 PEAS                5.8   1,180.1     996.8    +18.4%    +13.9%
 FLAXSEED             .3     404.9     513.4    -21.1%    -42.5%
 CANOLA-EXPORTS     59.8   2,921.7   3,340.9    -12.5%    -14.8%
 CANOLA-CRUSH       36.6   2,672.2   2,945.8     -9.3%     -5.6%
U.S. EXPORTS ('000 TONNES) as of Jun 16/2005
 WHEAT             382.4     813.5   1,306.5    -37.7%    -10.4%
 BARLEY             N/A      N/A       N/A       N/A      -28.6%
 CORN              991.3  34,592.7  37,566.9     -7.9%     -5.1%
 SOYBEANS          232.2  27,562.8  22,386.2    +23.1%    +26.1%
NOPA SOYBEAN Month Ending: Apr 30/2005
 SOYBEAN CRUSH    3651.9  29,892.5  28,098.4     +6.4%     +9.5%
* From Canadian Grain Commission Calendar

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