Weekly Crop Market Review - February 02, 2007
The next weekly will be published on Friday, February 09, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Feb 02/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR07 166.00 N/A 163.00 -3.00
-SASK MAY07 171.50 169.00 170.00 -2.50
-SASK JUL07 172.00 N/A 173.00 -1.00
BARLEY -LETH MAR07 179.50 175.00 175.00 -3.50
-LETH MAY07 190.90 183.00 184.00 -3.90
-LETH JUL07 194.00 189.00 191.00 -1.00
CANOLA -SASK MAR07 385.00 367.60 384.40 +10.00
-SASK MAY07 394.50 377.50 393.60 +11.00
-SASK JUL07 402.40 384.60 401.60 +12.70
U.S. FUTURES (U.S. $/BUSHEL) as of Feb 02/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR07 4.72 4.53 1/2 4.61 1/4 -0.02 1/4
-CBT MAY07 4.85 4.67 4.75 3/4 -0.02 1/4
WHEAT -MINN MAR07 5.00 4.85 4.93 1/2 +0.00
-MINN MAY07 5.19 1/4 4.95 5.04 +0.00 1/2
WHEAT -KANS MAR07 4.94 1/2 4.74 4.87 -0.01
-KANS MAY07 5.03 1/2 4.83 4.97 1/2 -0.00 1/2
CORN -CBT MAR07 4.09 1/4 3.95 4.02 -0.03 1/2
-CBT MAY07 4.21 4.07 4.14 3/4 -0.02 3/4
OATS -CBT MAR07 2.63 1/2 2.52 2.58 -0.04 1/4
-CBT MAY07 2.72 2.61 2.65 -0.06 1/2
SOYBEAN -CBT MAR07 7.38 7.05 7.36 3/4 +0.26 1/4
-CBT MAY07 7.53 7.20 7.52 1/2 +0.26 1/4
-CBT JUL07 7.66 1/2 7.34 7.65 1/2 +0.25 3/4
SOYOIL -CBT MAR07 30.55 28.68 30.37 +1.37
(¢/lb) -CBT MAY07 31.03 29.14 30.83 +1.35
SOYMEAL -CBT MAR07 213.00 204.20 212.70 +6.90
($/ton) -CBT MAY07 217.00 209.20 216.90 +5.90
FEEDMILL BIDS on Jan 29/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 158.00-165.00 158.00-165.00
-REDDEER 150.70-159.00 150.70-159.00
-EDMTN 110.20-152.00 110.20-152.00
OATS -EDMTN 129.70-140.00 N/A
PEAS - EDMTN 134.10-160.00 134.10-160.00
BARLEY-LETH 158.00-168.00 158.00-168.00
-MH/BRKS 121.70-167.00 119.40-162.00
-CALGARY 140.10-159.00 140.10-158.00
-REDDEER 142.40-150.00 140.10-150.00
-VERM 137.80-142.40 137.80-142.40
-EDMTN 110.20-142.00 110.20-142.00
-PEACE R 142.40-144.70 140.10-142.40
CANOLA CRUSHER on Feb 01/2007
-Meal (FOB) 173.17 174.00
-Seed (DEL) 364.33 366.20
ELEVATOR BIDS, RED DEER, on Feb 02/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 139.33 139.69
OATS 150.52 156.35
BARLEY 144.41 145.46
RYE 118.50 108.50
FLAXSEED .00 .00
CANOLA 371.04 349.06
SPECIAL CROP CASH BIDS on Feb 01/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 196.21 5.34 3.34
FEED 139.63 3.80 2.93
LARGE YELLOW #2 OR BETTER 203.93 5.55 3.32
$/Lb $/Lb
LENTILS #1 LAIRD 326.28 0.15 0.10
#1 ESTON 305.34 0.14 0.12
MUSTARD #1 YELLOW 464.84 0.21 0.12
#1 BROWN 396.83 0.18 0.11
#1 ORIENTAL 321.54 0.15 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 01/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 272.40 273.05 254.36 239.94 +6.0%
-CWB #1CWRS VANC* N/A 274.19 261.51 245.65 +6.5%
-#1DNS GREAT FALLS 204.87 205.08 192.08 170.56 +12.6%
-#1DNS PORTLAND 247.32 250.71 237.01 216.56 +9.4%
CORN -#2 CHICAGO 174.26 180.63 133.68 92.56 +44.4%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 175.42 175.97 133.48 83.13 +60.6%
-#2 STOCKTON 241.17 244.53 184.22 147.09 +25.2%
SOYBNS-#1 ILLINOIS 303.84 300.56 257.10 245.42 +4.8%
EXCH RATE Feb 01/2007: US$ in CANADA$ 1.1788 CANADA$ IN US$ 0.8483
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 28/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #26 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 229.1 6,868.5 4,473.8 +53.5% +37.8%
DURUM 26.5 2,419.0 1,920.9 +25.9% -6.5%
BARLEY .3 674.3 1,632.0 -58.7% -46.1%
OATS 43.5 1,031.6 567.2 +81.9% +6.3%
PEAS 7.2 905.9 1,092.7 -17.1% -26.0%
FLAXSEED 7.0 322.5 231.7 +39.2% +21.1%
CANOLA-EXPORTS 150.8 2,817.0 2,423.0 +16.3% -0.2%
CANOLA-CRUSH 67.4 1,716.0 1,650.8 +3.9% +5.2%
U.S. EXPORTS ('000 TONNES) as of Jan 25/2007
WHEAT 454.0 15,116.3 18,397.9 -17.8% -13.3%
BARLEY N/A 250.8 400.2 -37.3% -10.7%
CORN 911.5 22,270.7 18,852.6 +18.1% +4.8%
SOYBEANS 1021.9 16,572.4 13,276.6 +24.8% +18.3%
NOPA SOYBEAN Month Ending: Dec 31/2006
SOYBEAN CRUSH 4059.5 16,047.9 15,380.4 +4.3% +2.4%
* From Canadian Grain Commission Calendar