Weekly Crop Market Review - January 12, 2007
The next weekly will be published on Friday, January 19, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jan 12/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR07 167.50 160.50 167.00 +6.00
-SASK MAY07 173.00 167.90 173.00 +6.00
-SASK JUL07 N/A N/A 176.50 +6.00
BARLEY -LETH MAR07 183.50 173.10 183.50 +8.00
-LETH MAY07 192.00 181.10 192.00 +8.20
-LETH JUL07 195.50 184.40 195.50 +7.50
CANOLA -SASK MAR07 389.70 363.60 386.00 +17.60
-SASK MAY07 396.50 371.80 394.50 +17.70
-SASK JUL07 400.90 378.60 398.60 +14.40
U.S. FUTURES (U.S. $/BUSHEL) as of Jan 12/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR07 4.86 1/2 4.47 1/2 4.79 1/2 +0.09 1/4
-CBT MAY07 4.99 1/2 4.58 1/2 4.92 +0.12
WHEAT -MINN MAR07 5.12 4.69 5.07 +0.20
-MINN MAY07 5.21 4.78 1/4 5.16 1/2 +0.21 1/2
WHEAT -KANS MAR07 5.11 4.67 5.05 1/4 +0.24
-KANS MAY07 5.17 1/2 4.75 1/2 5.11 +0.19 1/2
CORN -CBT MAR07 3.96 1/2 3.52 1/2 3.96 1/2 +0.28 1/4
-CBT MAY07 4.07 1/2 3.62 1/2 4.07 1/2 +0.29 3/4
OATS -CBT MAR07 2.76 1/2 2.46 2.72 1/4 +0.10 1/2
-CBT MAY07 2.82 1/2 2.54 1/2 2.78 1/2 +0.09
SOYBEAN -CBT MAR07 7.23 3/4 6.57 7.16 1/2 +0.35
-CBT MAY07 7.37 6.71 1/2 7.31 1/2 +0.36 3/4
-CBT JUL07 7.50 6.85 7.43 +0.36 1/4
SOYOIL -CBT MAR07 29.28 27.90 29.15 +0.35
(¢/lb) -CBT MAY07 29.70 28.35 29.52 +0.25
SOYMEAL -CBT MAR07 212.50 189.00 209.60 +13.70
($/ton) -CBT MAY07 216.00 193.00 213.60 +14.40
FEEDMILL BIDS on Jan 08/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 159.00-165.00 157.00-165.00
-REDDEER 150.70-158.00 150.70-158.00
-EDMTN 110.20-150.00 110.20-150.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 134.10-156.20 134.10-156.20
BARLEY-LETH 157.00-168.00 156.00-168.00
-MH/BRKS 119.40-160.00 114.80-160.00
-CALGARY 140.10-156.00 140.10-155.00
-REDDEER 140.10-150.00 140.10-150.00
-VERM 137.80-142.40 137.80-142.40
-EDMTN 110.20-148.00 101.00-148.00
-PEACE R 137.80-140.10 137.80-140.10
CANOLA CRUSHER on Jan 11/2007
-Meal (FOB) 153.13 152.50
-Seed (DEL) 355.10 363.83
ELEVATOR BIDS, RED DEER, on Jan 12/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 144.98 135.03
OATS 150.24 150.89
BARLEY 155.39 147.13
RYE 108.50 108.50
FLAXSEED .00 .00
CANOLA 369.42 339.27
SPECIAL CROP CASH BIDS on Jan 11/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 180.23 4.90 3.50
FEED 139.63 3.80 2.88
LARGE YELLOW #2 OR BETTER 187.02 5.09 3.37
$/Lb $/Lb
LENTILS #1 LAIRD 324.08 0.15 0.11
#1 ESTON 303.68 0.14 0.12
MUSTARD #1 YELLOW 442.80 0.20 0.12
#1 BROWN 380.30 0.17 0.11
#1 ORIENTAL 332.56 0.15 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 11/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 261.35 272.00 252.02 239.94 +5.0%
-CWB #1CWRS VANC* 260.74 N/A 256.89 245.65 +4.6%
-#1DNS GREAT FALLS 207.52 198.99 190.44 170.56 +11.7%
-#1DNS PORTLAND 250.97 242.47 235.51 216.56 +8.7%
CORN -#2 CHICAGO 164.44 156.31 128.06 92.56 +38.3%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 171.85 177.79 127.77 83.13 +53.7%
-#2 STOCKTON N/A N/A 177.71 147.09 +20.8%
SOYBNS-#1 ILLINOIS 285.01 285.29 251.59 245.42 +2.5%
EXCH RATE Jan 11/2007: US$ in CANADA$ 1.1766 CANADA$ IN US$ 0.8499
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 07/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #23 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 105.0 6,317.7 3,976.7 +58.9% +37.8%
DURUM 66.6 2,248.8 1,656.2 +35.8% -6.5%
BARLEY 25.2 626.3 1,327.5 -52.8% -46.1%
OATS 28.9 942.1 494.4 +90.6% +6.3%
PEAS 40.4 887.5 1,045.7 -15.1% -26.0%
FLAXSEED .1 308.7 220.8 +39.8% +21.1%
CANOLA-EXPORTS 123.3 2,403.5 2,164.9 +11.0% -0.2%
CANOLA-CRUSH 62.6 1,524.0 1,463.4 +4.1% +5.2%
U.S. EXPORTS ('000 TONNES) as of Jan 04/2007
WHEAT 289.2 13,487.3 16,882.2 -20.1% -10.8%
BARLEY .3 226.3 399.9 -43.4% -10.7%
CORN 559.1 19,180.3 16,231.1 +18.2% +2.5%
SOYBEANS 327.6 13,741.6 11,351.3 +21.1% +20.9%
NOPA SOYBEAN Month Ending: Nov 30/2006
SOYBEAN CRUSH 4033.3 11,988.4 11,509.2 +4.2% +2.4%
* From Canadian Grain Commission Calendar