Weekly Crop Market Review - February 5, 2010
The next weekly will be published on Friday, February 12, 2010
This information is collected by the Statistics and Data Development Branch
WINNIPEG FUTURES (CDN $/TONNE) as of Feb 05/2010
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -LETH MAR10 150.00 145.10 148.50 +0.50
-LETH MAY10 160.00 150.00 152.50 -0.50
-LETH JUL10 N/A N/A 152.50 -0.50
CANOLA -SASK MAR10 383.60 370.40 380.30 +4.50
-SASK MAY10 389.00 377.80 386.40 +3.90
-SASK JUL10 393.90 384.80 391.50 +3.80
U.S. FUTURES (U.S. $/BUSHEL) as of Feb 05/2010
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR10 4.91 4.66 1/2 4.73 1/4 -0.00 3/4
-CBT MAY10 5.03 1/2 4.81 4.88 -0.00 1/4
WHEAT -MINN MAR10 5.16 3/4 4.97 5.02 1/2 +0.01 3/4
-MINN MAY10 5.28 1/4 5.08 3/4 5.14 3/4 +0.02 1/2
WHEAT -KANS MAR10 5.03 4.80 3/4 4.84 1/2 -0.02 1/2
-KANS MAY10 5.14 1/2 4.92 1/2 4.96 1/4 -0.02 3/4
CORN -CBT MAR10 3.67 1/4 3.47 3/4 3.51 1/2 -0.05
-CBT MAY10 3.78 3.59 3.63 -0.04 3/4
OATS -CBT MAR10 2.32 2.26 1/4 2.26 1/4 -0.01 3/4
-CBT MAY10 2.41 1/4 2.35 1/4 2.35 1/2 -0.01 3/4
SOYBEAN -CBT MAR10 9.30 9.00 9.13 1/2 -0.00 1/2
-CBT MAY10 9.40 1/2 9.11 9.24 1/4 -0.00 1/2
-CBT JUL10 9.48 1/2 9.22 9.32 3/4 +0.00
SOYOIL -CBT MAR10 37.48 36.05 37.00 +0.85
(¢/lb) -CBT MAY10 37.95 36.63 37.48 +0.87
SOYMEAL -CBT MAR10 278.00 265.50 271.00 -2.80
($/ton) -CBT MAY10 271.20 260.00 265.00 -3.50
FEEDMILL BIDS on Feb 01/2010 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 144.00-163.00 145.00-165.00
-REDDEER 140.00-146.98 144.00-146.76
-EDMTN 139.63-165.00 142.00-165.00
OATS -EDMTN 123.20-160.00 139.41-165.00
PEAS - EDMTN 183.72-191.07 183.72-195.00
BARLEY-LETH 136.00-148.00 135.00-154.00
-MH/BRKS 141.00-145.00 144.00-150.00
-CALGARY 136.00-148.00 135.00-152.00
-REDDEER 136.00-137.79 134.00-137.79
-VERM 119.42-126.31 114.83-126.31
-EDMTN 127.00-148.00 132.00-150.00
-PEACE R 126.31-128.60 126.31-128.60
CANOLA CRUSHER on Feb 03/2010
-Meal (FOB) 184.73 197.33
-Seed (DEL) 373.48 368.88
ELEVATOR BIDS on Feb 05/2010 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 125.71 129.71
FEED OATS -Red Deer N/A 105.53
FEED BARLEY-Red Deer 124.12 125.99
RYE -Red Deer N/A N/A
FLAXSEED -Brooks 327.15 325.18
CANOLA -Red Deer 375.85 372.17
SPECIAL CROP CASH BIDS on Feb 04/2010
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 268.78 7.32 8.00
FEED 137.79 3.75 4.58
LARGE YELLOW #2 OR BETTER 199.70 5.43 5.94
$/Lb $/Lb
LENTILS #1 LAIRD 801.38 0.36 0.27
#1 ESTON 658.08 0.30 0.24
MUSTARD #1 YELLOW 559.42 0.25 0.39
#1 BROWN 449.19 0.20 0.29
#1 ORIENTAL 483.91 0.22 0.38
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 04/2010
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 295.60 295.35 294.95 386.99 -23.8%
-CWB #1CWRS VANC* N/A 275.45 294.67 380.18 -22.5%
-#1DNS GREAT FALLS 193.92 190.40 193.81 293.37 -33.9%
-#1DNS PORTLAND 239.64 238.19 230.52 335.56 -31.3%
CORN -#2 CHICAGO 136.62 140.30 141.74 176.85 -19.9%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 127.70 127.52 109.30 137.01 -20.2%
-#2 STOCKTON N/A N/A 185.36 271.92 -31.8%
SOYBNS-#1 ILLINOIS 362.22 367.57 398.83 449.31 -11.2%
EXCH RATE Feb 04/2010: US$ in CANADA$ 1.0727 CANADA$ IN US$ 0.9322
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 31/2010
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #26 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 326.6 6,644.3 6,363.6 +4.4% -8.9%
DURUM 13.2 1,630.0 1,477.6 +10.3% -2.8%
BARLEY 13.1 702.1 612.1 +14.7% N/A
OATS 14.0 478.4 943.5 -49.3% -10.0%
PEAS 6.7 796.3 888.1 -10.3% -15.1%
FLAXSEED 52.7 261.2 343.6 -24.0% -7.4%
CANOLA-EXPORTS 87.4 3,464.4 3,517.0 -1.5% -25.4%
CANOLA-CRUSH 86.7 1,950.2 2,111.5 -7.6% +14.5%
U.S. EXPORTS ('000 TONNES) as of Jan 28/2010
WHEAT 485.6 14,883.2 19,764.9 -24.7% -18.7%
BARLEY N/A 53.4 235.1 -77.3% -61.5%
CORN 934.4 16,799.9 16,499.2 +1.8% +10.3%
SOYBEANS 1,089.6 25,378.7 18,164.3 +39.7% +7.2%
NOPA SOYBEAN Month Ending: Dec 31/2009
SOYBEAN CRUSH 4,473.6 15,982.9 14,641.3 +9.2% +2.9%
* From Canadian Grain Commission Calendar