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Closing Grain Prices in Alberta

WINNIPEG, MB, May 09, 2008 (Resource News International via COMTEX) -- The following are the closing grain price ranges at various points in the province of Alberta. The figures are provided by the Alberta Grain Commission.

Alberta producers are encouraged to check with several grain companies for the basis level in their area.

Canola Average Country Elevator Buying Prices (for delivery
grain)
                 May 09  May 08  May 07  May 06  May 05
Lethbridge       570.60  560.90  552.00  555.70  537.90
Calgary          565.00  555.30  546.40  550.10  539.10
Red Deer         571.10  561.40  552.40  556.20  538.80
Edmonton         580.10  570.40  561.50  565.20  548.50
Rycroft          565.00  555.30  546.40  550.10  537.00
Vancouver Cash   626.00  607.40  595.60  590.70  596.10
Current Crop Canola Basis: C$8.63 - C$55.07 per metric tonne
under May 2008 futures.
Feed Barley Average Country Elevator Buying Prices (for
delivered grain)
                  May 09  May 08  May 07  May 06  May 05
Lethbridge Cash   240.00  240.00  240.00  240.00  240.00
Lethbridge        214.00  214.00  213.20  209.90  203.90
Calgary           196.90  196.90  196.10  192.80  195.00
Red Deer          209.20  209.20  208.40  205.10  202.10
Edmonton          198.40  198.40  197.60  194.30  187.60
Rycroft           193.30  193.30  192.50  189.20  184.30
Montana (Golden Triangle District) Malt Barley: C$307.70/
metric tonne
Feed Wheat Average Country Elevator Buying Prices (for
delivered grain)
                  May 09  May 08  May 07  May 06  May 05
Lethbridge        240.50  240.50  240.50  240.50  239.60
Calgary           251.20  251.20  251.20  251.20  252.80
Red Deer          243.10  243.10  243.10  243.10  242.20
Edmonton          260.90  260.90  260.90  260.90  261.60
Rycroft           257.50  257.50  257.50  257.50  260.00
Montana (Great Falls) Dark Northern Spring Wheat #1(13.5%):
C$454.50/metric tonne
Flax Country Elevator Buying Prices (for delivered grain)
                  May 08  May 07  May 06  May 05  May 02
Calgary           563.70  563.70  563.70  563.70  563.70
Thunder Bay       630.00  630.00  630.00  630.00  630.00
*these elevator prices are delayed quotes
Oats Average Country Elevator Buying Prices (for delivered
grain)
                  May 09  May 08  May 07  May 06  May 05
Lethbridge        197.60  197.60  197.60  197.60  169.50
Calgary           149.90  149.90  149.90  149.90  135.00
Red Deer          153.90  153.90  153.90  153.90  139.00
Rycroft           187.40  187.40  187.40  187.40  142.00
Rye Average Country Elevator Buying Prices (for delivered
grain)
                  May 09  May 08  May 07  May 06  May 05
Lethbridge        158.50  158.50  158.50  158.50  228.60
Calgary           158.50  158.50  158.50  158.50  158.50
Red Deer          158.50  158.50  158.50  158.50  161.00


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