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Closing Grain Prices in Alberta

WINNIPEG, MB, May 02, 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 02  May 01  Apr 30  Apr 29  Apr 28
Lethbridge       537.80  555.00  545.30  534.30  543.10
Calgary          539.00  556.20  546.50  535.50  549.20
Red Deer         538.70  555.90  546.20  535.20  544.00
Edmonton         548.40  565.60  555.90  544.00  562.00
Rycroft          536.80  554.10  544.30  533.30  553.50
Vancouver Cash   598.40  589.50  611.40  605.00  594.20
Current Crop Canola Basis: C$25.47 - C$72.97 per metric tonne
under May 2008 futures.
Feed Barley Average Country Elevator Buying Prices (for
delivered grain)
                  May 02  May 01  Apr 30  Apr 29  Apr 28
Lethbridge Cash   240.00  237.00  238.00  237.00  238.00
Lethbridge        209.70  208.70  205.70  205.70  206.00
Calgary           200.80  199.80  196.80  196.80  198.70
Red Deer          207.90  206.90  203.90  203.90  204.00
Edmonton          193.40  192.40  189.40  189.40  191.90
Rycroft           190.10  189.10  186.10  186.10  190.90
Montana (Golden Triangle District) Malt Barley: C$307.70/
metric tonne
Feed Wheat Average Country Elevator Buying Prices (for
delivered grain)
                  May 02  May 01  Apr 30  Apr 29  Apr 28
Lethbridge        239.60  239.60  239.60  239.60  239.60
Calgary           252.80  252.80  252.80  252.80  252.80
Red Deer          242.20  242.20  242.20  242.20  241.60
Edmonton          261.60  261.60  261.60  261.60  261.90
Rycroft           260.00  250.00  260.00  260.00  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 1   Apr 30  Apr 29  Apr 28  Apr 25
Calgary           603.70  603.70  603.20  603.20  603.70
Thunder Bay       670.00  670.00  670.00  670.00  670.00
*these elevator prices are delayed quotes
Oats Average Country Elevator Buying Prices (for delivered
grain)
                  May 02  May 01  Apr 30  Apr 29  Apr 28
Lethbridge        169.50  169.50  169.50  169.50  167.40
Calgary           135.00  135.00  135.00  135.00  137.00
Red Deer          139.00  139.00  139.00  139.00  137.00
Rycroft           142.00  142.00  142.00  142.00  144.60
Rye Average Country Elevator Buying Prices (for delivered
grain)
                  May 02  May 01  Apr 30  Apr 29  Apr 28
Lethbridge        228.60  228.60  228.60  228.00  163.00
Calgary           158.50  158.50  158.50  158.50  165.00
Red Deer          161.00  161.00  161.00  161.00  161.00
     Average price quotes are calculated from information
provided by the following companies. They may be contacted for
specific prices: AgPro, Agricore, Cargill, Mitcon Inc.,
Parrish and Heimbecker, Pioneer Grain, The Scoular Company and
Newco Commodities.
     This information is maintained by the Alberta Grain
Commission. Last Revised/Reviewed Friday, May 2, 2008.


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