Weekly Crop Market Review - December 15, 2006
The next weekly will be published on Friday, December 22, 2006
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Dec 15/2006
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR07 168.00 162.00 164.00 -2.10
-SASK MAY07 170.40 N/A 170.40 -0.60
-SASK JUL07 N/A N/A 172.50 -0.60
BARLEY -LETH MAR07 177.70 175.00 176.10 +0.10
-LETH MAY07 185.40 183.40 185.30 +1.60
-LETH JUL07 188.30 186.30 188.10 +1.30
CANOLA -SASK JAN07 369.50 352.20 356.20 -9.50
-SASK MAR07 378.80 362.60 367.00 -8.80
-SASK MAY07 385.90 370.00 375.10 -8.70
U.S. FUTURES (U.S. $/BUSHEL) as of Dec 15/2006
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR07 4.96 4.78 1/2 4.94 1/4 +0.08 1/2
-CBT MAY07 5.03 1/4 4.87 1/2 5.01 +0.07
WHEAT -MINN MAR07 5.12 4.95 1/2 5.11 +0.12
-MINN MAY07 5.19 5.02 1/4 5.19 +0.13
WHEAT -KANS MAR07 5.16 1/2 5.00 5.09 3/4 +0.03 1/4
-KANS MAY07 5.20 5.05 5.13 +0.02 1/2
CORN -CBT MAR07 3.76 3.63 1/2 3.69 +0.00 1/2
-CBT MAY07 3.82 3.70 3.77 +0.02 1/2
OATS -CBT MAR07 2.70 2.59 1/2 2.65 3/4 +0.05 1/4
-CBT MAY07 2.76 1/2 2.67 2.71 1/2 +0.04 1/2
SOYBEAN -CBT JAN07 6.69 1/2 6.52 1/4 6.57 1/2 +0.01 1/2
-CBT MAR07 6.84 1/2 6.67 6.72 1/4 +0.00
-CBT MAY07 6.96 6.78 6.85 3/4 +0.04 1/2
SOYOIL -CBT JAN07 29.19 28.12 28.15 -0.48
(¢/lb) -CBT MAR07 29.60 28.57 28.59 -0.49
SOYMEAL -CBT JAN07 192.20 185.90 186.70 -1.40
($/ton) -CBT MAR07 195.80 190.00 190.70 -0.50
FEEDMILL BIDS on Dec 11/2006 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 155.00-165.00 155.00-165.00
-REDDEER 152.50-158.00 152.50-158.00
-EDMTN 110.20-150.00 110.20-155.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 134.10-141.50 136.00-150.00
BARLEY-LETH 154.00-164.00 154.00-161.00
-MH/BRKS 114.80-157.50 114.80-159.00
-CALGARY 140.10-152.00 140.10-151.00
-REDDEER 142.40-150.00 142.40-150.00
-VERM 137.80-149.30 137.80-149.30
-EDMTN 101.00-148.00 101.00-142.00
-PEACE R 133.20-137.80 133.20-137.80
CANOLA CRUSHER on Dec 14/2006
-Meal (FOB) 147.23 141.00
-Seed (DEL) 354.07 355.83
ELEVATOR BIDS, RED DEER, on Dec 15/2006 (Delivered)
THIS WEEK LAST WEEK
WHEAT 140.66 135.61
OATS 147.96 144.75
BARLEY 151.82 142.15
RYE 108.50 108.50
FLAXSEED .00 .00
CANOLA 332.47 342.27
SPECIAL CROP CASH BIDS on Dec 14/2006
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 165.90 4.52 3.54
FEED 124.01 3.38 2.88
LARGE YELLOW #2 OR BETTER 174.53 4.75 3.30
$/Lb $/Lb
LENTILS #1 LAIRD 321.87 0.15 0.11
#1 ESTON 306.99 0.14 0.12
MUSTARD #1 YELLOW 442.80 0.20 0.12
#1 BROWN 358.25 0.16 0.11
#1 ORIENTAL 310.52 0.14 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 14/2006
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 273.00 270.85 248.48 239.94 +3.6%
-CWB #1CWRS VANC* 270.88 N/A 253.24 245.65 +3.1%
-#1DNS GREAT FALLS 204.82 198.02 187.70 170.56 +10.0%
-#1DNS PORTLAND 246.94 246.79 233.05 216.56 +7.6%
CORN -#2 CHICAGO 156.44 156.75 121.39 92.56 +31.1%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 102.09 101.33 86.76 78.26 +10.9%
-#2 STOCKTON N/A N/A 177.71 147.09 +20.8%
SOYBNS-#1 ILLINOIS 280.86 277.40 245.43 245.42 +0.0%
EXCH RATE Dec 14/2006: US$ in CANADA$ 1.1577 CANADA$ IN US$ 0.8638
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 10/2006
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #19 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 213.8 5,431.9 3,306.8 +64.3% +37.8%
DURUM 82.3 1,871.2 1,481.5 +26.3% -6.5%
BARLEY 19.6 508.5 1,276.9 -60.2% -46.1%
OATS 25.5 836.1 365.9 +128.5% +6.3%
PEAS 46.3 782.8 932.0 -16.0% -26.0%
FLAXSEED 39.8 284.1 164.7 +72.5% +21.1%
CANOLA-EXPORTS 62.9 2,099.5 1,849.6 +13.5% -0.2%
CANOLA-CRUSH 69.2 1,247.2 1,203.8 +3.6% +5.2%
U.S. EXPORTS ('000 TONNES) as of Dec 07/2006
WHEAT 497.8 11,998.6 14,773.8 -18.8% -10.8%
BARLEY N/A 190.4 399.9 -52.4% -10.7%
CORN 1021.4 15,469.0 12,668.5 +22.1% +2.5%
SOYBEANS 962.6 11,219.5 9,193.1 +22.0% +20.9%
NOPA SOYBEAN Month Ending: Oct 31/2006
SOYBEAN CRUSH 4217.9 7,955.1 7,564.8 +5.2% +2.4%
* From Canadian Grain Commission Calendar