Weekly Crop Market Review - December 22, 2006
The next weekly will be published on Friday, January 5, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Dec 22/2006
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR07 166.00 162.00 165.60 +1.60
-SASK MAY07 172.00 N/A 172.00 +1.60
-SASK JUL07 N/A N/A 175.10 +2.60
BARLEY -LETH MAR07 180.50 175.50 180.00 +3.90
-LETH MAY07 187.80 183.00 187.80 +2.50
-LETH JUL07 190.40 N/A 190.90 +2.80
CANOLA -SASK JAN07 369.00 350.00 368.80 +12.60
-SASK MAR07 378.90 360.50 378.20 +11.20
-SASK MAY07 385.90 368.70 385.80 +10.70
U.S. FUTURES (U.S. $/BUSHEL) as of Dec 22/2006
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR07 5.15 4.81 1/2 5.14 +0.19 3/4
-CBT MAY07 5.18 4.89 1/2 5.17 1/2 +0.16 1/2
WHEAT -MINN MAR07 5.18 4.97 1/2 5.18 +0.07
-MINN MAY07 5.27 5.08 5.26 1/2 +0.07 1/2
WHEAT -KANS MAR07 5.18 3/4 4.98 5.18 +0.08 1/4
-KANS MAY07 5.24 5.04 1/2 5.22 +0.09
CORN -CBT MAR07 3.84 1/4 3.62 3.84 +0.15
-CBT MAY07 3.91 3/4 3.70 1/4 3.91 1/2 +0.14 1/2
OATS -CBT MAR07 2.75 2.55 1/2 2.74 +0.08 1/4
-CBT MAY07 2.79 1/2 2.65 2.79 1/2 +0.08
SOYBEAN -CBT JAN07 6.60 6.43 6.59 1/2 +0.02
-CBT MAR07 6.75 6.57 1/2 6.74 1/4 +0.02
-CBT MAY07 6.88 6.70 1/2 6.87 1/2 +0.01 3/4
SOYOIL -CBT JAN07 28.44 27.65 28.42 +0.27
(¢/lb) -CBT MAR07 28.92 28.10 28.84 +0.25
SOYMEAL -CBT JAN07 187.50 183.00 186.90 +0.20
($/ton) -CBT MAR07 191.70 187.10 190.90 +0.20
FEEDMILL BIDS on Dec 18/2006 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 157.00-166.00 155.00-165.00
-REDDEER 152.00-158.00 152.50-158.00
-EDMTN 110.20-150.00 110.20-150.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 134.10-160.00 134.10-141.50
BARLEY-LETH 155.00-162.00 154.00-164.00
-MH/BRKS 114.80-157.50 114.80-157.50
-CALGARY 140.10-153.00 140.10-152.00
-REDDEER 138.00-150.00 142.40-150.00
-VERM 137.80-142.40 137.80-149.30
-EDMTN 101.00-138.00 101.00-148.00
-PEACE R 135.50-140.10 133.20-137.80
CANOLA CRUSHER on Dec 21/2006
-Meal (FOB) 148.77 147.23
-Seed (DEL) 350.70 354.07
ELEVATOR BIDS, RED DEER, on Dec 22/2006 (Delivered)
THIS WEEK LAST WEEK
WHEAT 133.23 140.66
OATS 148.09 147.96
BARLEY 142.56 151.82
RYE 108.50 108.50
FLAXSEED .00 .00
CANOLA 348.92 332.47
SPECIAL CROP CASH BIDS on Dec 21/2006
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 170.49 4.64 3.54
FEED 124.01 3.38 2.88
LARGE YELLOW #2 OR BETTER 178.03 4.85 3.30
$/Lb $/Lb
LENTILS #1 LAIRD 320.77 0.15 0.11
#1 ESTON 305.89 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 $/TONNE) as of Dec 21/2006
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 269.45 273.00 249.48 239.94 +4.0%
-CWB #1CWRS VANC* 267.64 270.88 256.12 245.65 +4.3%
-#1DNS GREAT FALLS 202.90 204.82 188.42 170.56 +10.5%
-#1DNS PORTLAND 247.25 246.94 233.73 216.56 +7.9%
CORN -#2 CHICAGO 159.29 156.44 123.19 92.56 +33.1%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 101.87 102.09 87.48 78.26 +11.8%
-#2 STOCKTON N/A N/A 177.71 147.09 +20.8%
SOYBNS-#1 ILLINOIS 273.88 280.86 246.79 245.42 +0.6%
EXCH RATE Dec 21/2006: US$ in CANADA$ 1.1552 CANADA$ IN US$ 0.8657
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 17/2006
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #20 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) N/A N/A 3,505.0 -100.0% +37.8%
DURUM N/A N/A 1,521.1 -100.0% -6.5%
BARLEY N/A N/A 1,293.5 -100.0% -46.1%
OATS N/A N/A 403.8 -100.0% +6.3%
PEAS N/A N/A 1,021.0 -100.0% -26.0%
FLAXSEED N/A N/A 214.7 -100.0% +21.1%
CANOLA-EXPORTS N/A N/A 1,947.8 -100.0% -0.2%
CANOLA-CRUSH 71.2 1,318.4 1,262.0 +4.5% +5.2%
U.S. EXPORTS ('000 TONNES) as of Dec 14/2006
WHEAT 311.5 12,263.7 15,301.6 -19.9% -10.8%
BARLEY 22.1 212.5 399.9 -46.9% -10.7%
CORN 1020.3 16,565.4 13,797.8 +20.1% +2.5%
SOYBEANS 647.0 11,899.9 9,760.6 +21.9% +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