Weekly Crop Market Review - February 16, 2007
The next weekly will be published on Friday, February 23, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Feb 16/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR07 161.00 158.30 160.00 -1.50
-SASK MAY07 168.00 166.00 166.30 -2.70
-SASK JUL07 171.00 171.00 171.00 -2.10
BARLEY -LETH MAR07 178.00 174.90 178.00 +2.80
-LETH MAY07 188.00 184.50 187.50 +2.50
-LETH JUL07 195.90 192.80 195.90 +3.40
CANOLA -SASK MAR07 379.40 371.80 373.00 -5.80
-SASK MAY07 390.00 382.50 383.70 -5.80
-SASK JUL07 398.30 390.80 392.30 -4.50
U.S. FUTURES (U.S. $/BUSHEL) as of Feb 16/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR07 4.70 1/2 4.48 4.68 +0.07 3/4
-CBT MAY07 4.84 4.61 1/2 4.81 +0.05 1/4
WHEAT -MINN MAR07 5.06 4.88 1/2 5.05 +0.08 1/2
-MINN MAY07 5.15 4.95 5.15 +0.09 1/2
WHEAT -KANS MAR07 4.98 1/2 4.75 4.95 1/2 +0.10 1/2
-KANS MAY07 5.08 4.85 5.07 3/4 +0.12 1/4
CORN -CBT MAR07 4.18 4.03 4.17 +0.10 3/4
-CBT MAY07 4.30 4.14 3/4 4.29 1/2 +0.11 1/2
OATS -CBT MAR07 2.51 1/4 2.37 1/2 2.42 1/2 -0.08
-CBT MAY07 2.60 2.46 2.49 1/2 -0.08 3/4
SOYBEAN -CBT MAR07 7.68 7.41 1/4 7.67 +0.17 3/4
-CBT MAY07 7.83 3/4 7.57 7.82 1/2 +0.17
-CBT JUL07 7.97 7.70 1/2 7.95 1/4 +0.16 3/4
SOYOIL -CBT MAR07 30.21 29.59 29.91 -0.43
(¢/lb) -CBT MAY07 30.62 30.10 30.37 -0.49
SOYMEAL -CBT MAR07 227.50 216.60 227.30 +9.40
($/ton) -CBT MAY07 232.80 221.40 232.30 +9.20
FEEDMILL BIDS on Feb 12/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 159.00-173.00 158.00-173.00
-REDDEER 152.50-159.00 152.50-159.00
-EDMTN 110.20-156.00 110.20-152.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 134.10-160.00 134.10-160.00
BARLEY-LETH 160.00-165.00 160.00-165.00
-MH/BRKS 157.00-165.00 121.70-165.00
-CALGARY 140.10-159.00 140.10-159.00
-REDDEER 149.30-156.00 148.00-150.00
-VERM 142.40-144.70 142.40-144.70
-EDMTN 128.60-154.00 114.80-142.00
-PEACE R 142.40-144.70 142.40-144.70
CANOLA CRUSHER on Feb 15/2007
-Meal (FOB) 204.50 176.33
-Seed (DEL) 364.90 366.53
ELEVATOR BIDS, RED DEER, on Feb 16/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 136.81 140.14
OATS 142.47 150.45
BARLEY 148.26 146.11
RYE 112.40 118.50
FLAXSEED .00 .00
CANOLA 357.01 362.12
SPECIAL CROP CASH BIDS on Feb 15/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 205.40 5.59 3.33
FEED 139.63 3.80 2.67
LARGE YELLOW #2 OR BETTER 214.95 5.85 3.42
$/Lb $/Lb
LENTILS #1 LAIRD 331.79 0.15 0.10
#1 ESTON 307.54 0.14 0.11
MUSTARD #1 YELLOW 464.84 0.21 0.12
#1 BROWN 374.79 0.17 0.11
#1 ORIENTAL 293.98 0.13 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 15/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 267.65 269.70 255.35 239.94 +6.4%
-CWB #1CWRS VANC* 276.92 278.50 264.75 245.65 +7.8%
-#1DNS GREAT FALLS 210.25 211.84 193.39 170.56 +13.4%
-#1DNS PORTLAND 253.84 256.59 238.27 216.56 +10.0%
CORN -#2 CHICAGO 179.94 176.10 136.74 92.56 +47.7%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 173.07 175.99 136.52 83.13 +64.2%
-#2 STOCKTON 241.01 241.82 189.42 147.09 +28.8%
SOYBNS-#1 ILLINOIS 314.19 312.75 260.98 245.42 +6.3%
EXCH RATE Feb 15/2007: US$ in CANADA$ 1.1630 CANADA$ IN US$ 0.8598
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 11/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #28 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 304.0 7,362.4 4,838.1 +52.2% +37.8%
DURUM 37.2 2,515.4 2,100.0 +19.8% +2.9%
BARLEY 2.1 701.8 1,730.1 -59.4% -39.4%
OATS 46.8 1,103.0 609.6 +80.9% +17.3%
PEAS N/A 946.4 1,145.0 -17.3% -18.2%
FLAXSEED .1 322.7 233.6 +38.1% +21.1%
CANOLA-EXPORTS 70.7 2,964.2 2,661.4 +11.4% +9.0%
CANOLA-CRUSH 70.1 1,855.9 1,784.0 +4.0% +5.2%
U.S. EXPORTS ('000 TONNES) as of Feb 08/2007
WHEAT 356.5 16,128.1 19,531.6 -17.4% -13.3%
BARLEY 25.2 297.5 400.2 -25.7% -10.7%
CORN 958.3 24,109.9 20,607.7 +17.0% +4.8%
SOYBEANS 703.4 18,377.8 14,831.6 +23.9% +16.2%
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