Weekly Crop Market Review - July 18, 2008
The next weekly will be published on Friday, July 25, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jul 18/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK OCT08 N/A N/A 285.00 +0.00
BARLEY -SASK OCT08 268.00 252.10 253.40 -16.80
-SASK DEC08 275.00 261.00 261.00 -14.00
-SASK MAR09 271.10 271.10 266.00 -15.30
CANOLA -SASK NOV08 676.00 634.10 634.60 -46.60
-SASK JAN09 686.60 646.20 646.30 -46.60
-SASK MAR09 696.40 656.20 656.20 -47.30
U.S. FUTURES (U.S. $/BUSHEL) as of Jul 18/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT SEP08 8.39 7.97 8.04 -0.26 3/4
-CBT DEC08 8.61 1/2 8.20 1/2 8.28 1/2 -0.26 1/2
WHEAT -MINN SEP08 8.98 8.61 8.88 -0.08 1/2
-MINN DEC08 9.12 1/2 8.77 8.95 -0.14 3/4
WHEAT -KANS SEP08 8.66 8.02 8.37 3/4 -0.26 3/4
-KANS DEC08 8.88 8.54 8.58 3/4 -0.27 1/4
CORN -CBT SEP08 6.75 6.08 1/2 6.09 1/2 -0.81 1/2
-CBT DEC08 6.93 1/4 6.27 6.28 1/2 -0.80 3/4
OATS -CBT SEP08 4.41 4.00 1/4 4.00 1/4 -0.49 1/4
-CBT DEC08 4.60 4.16 1/2 4.16 3/4 -0.50 3/4
SOYBEAN -CBT AUG08 16.02 14.70 14.70 -1.45 1/2
-CBT SEP08 15.88 14.59 14.58 1/2 -1.47
-CBT NOV08 15.80 14.47 14.48 -1.48
SOYOIL -CBT AUG08 64.15 61.75 62.09 -2.54
(¢/lb) -CBT SEP08 64.50 62.12 62.46 -2.52
SOYMEAL -CBT AUG08 441.00 395.00 396.30 -49.60
($/ton) -CBT SEP08 436.50 389.50 391.30 -49.80
FEEDMILL BIDS on Jul 14/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 285.00-298.00 275.00-315.00
-REDDEER N/A N/A
-EDMTN 249.90-271.90 249.90-271.90
OATS -EDMTN N/A N/A
PEAS - EDMTN 205.80-220.50 205.80-220.50
BARLEY-LETH 245.00-260.00 235.00-270.00
-MH/BRKS 237.00-243.00 238.00-250.00
-CALGARY 225.10-245.00 225.10-235.00
-REDDEER 218.20-268.00 218.20-230.00
-VERM 206.70-206.80 206.70-206.80
-EDMTN 197.50-271.00 197.50-230.00
-PEACE R 156.20-202.10 156.20-202.10
CANOLA CRUSHER on Jul 16/2008
-Meal (FOB) 329.60 336.22
-Seed (DEL) 629.27 636.17
ELEVATOR BIDS on Jul 18/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 227.11 227.61
FEED OATS -Red Deer 193.71 194.27
FEED BARLEY-Red Deer 200.75 201.20
RYE -Red Deer 231.41 201.01
FLAXSEED -Brooks 651.15 652.33
CANOLA -Red Deer 563.68 591.25
SPECIAL CROP CASH BIDS on Jul 17/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 378.09 10.29 5.96
FEED 166.63 4.54 4.29
LARGE YELLOW #2 OR BETTER 356.05 9.69 6.21
$/Lb $/Lb
LENTILS #1 LAIRD 816.81 0.37 0.17
#1 ESTON 722.01 0.33 0.15
MUSTARD #1 YELLOW 1264.90 0.57 0.23
#1 BROWN 956.25 0.43 0.19
#1 ORIENTAL 790.91 0.36 0.17
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jul 17/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 400.65 400.25 468.48 263.74 +77.6%
-CWB #1CWRS VANC* N/A 407.51 485.04 267.07 +81.6%
-#1DNS GREAT FALLS 318.52 318.50 376.13 202.85 +85.4%
-#1DNS PORTLAND 351.81 354.84 403.83 245.52 +64.5%
CORN -#2 CHICAGO 231.77 252.26 182.75 146.05 +25.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 201.43 201.89 207.53 147.63 +40.6%
-#2 STOCKTON 330.17 330.92 299.35 217.66 +37.5%
SOYBNS-#1 ILLINOIS 561.93 594.92 438.56 281.99 +55.5%
EXCH RATE Jul 17/2008: US$ in CANADA$ 1.0068 CANADA$ IN US$ 0.9932
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jul 13/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #50 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 71.2 10,966.2 13,319.7 -17.7% -23.5%
DURUM 42.4 3,041.2 4,241.3 -28.3% -27.8%
BARLEY 7.3 2,880.0 1,105.8 +160.4% +168.1%
OATS 24.3 1,891.4 1,509.0 +25.3% +17.8%
PEAS 50.3 1,637.1 1,466.0 +11.7% +6.6%
FLAXSEED 12.7 509.1 548.8 -7.2% -1.7%
CANOLA-EXPORTS 50.5 5,314.3 5,189.5 +2.4% -1.4%
CANOLA-CRUSH 82.5 3,795.9 3,252.6 +16.7% +14.6%
U.S. EXPORTS ('000 TONNES) as of Jul 10/2008
WHEAT 324.7 2,731.8 2,580.4 +5.9% -21.1%
BARLEY N/A 22.6 14.1 +61.0% -39.0%
CORN 614.5 52,281.6 45,246.3 +15.5% +15.3%
SOYBEANS 156.6 28,297.5 28,242.2 +0.2% +2.4%
NOPA SOYBEAN Month Ending: May 31/2008
SOYBEAN CRUSH 3901.4 35,932.5 35,362.7 +1.6% +1.8%
* From Canadian Grain Commission Calendar
