Weekly Crop Market Review - February 23, 2007
The next weekly will be published on Friday, March 02, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Feb 23/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR07 164.90 157.30 164.20 +4.20
-SASK MAY07 172.40 163.00 170.30 +4.00
-SASK JUL07 172.30 N/A 176.30 +5.30
BARLEY -LETH MAR07 180.00 177.50 179.60 +1.60
-LETH MAY07 191.00 187.00 188.60 +1.10
-LETH JUL07 198.00 N/A 197.40 +1.50
CANOLA -SASK MAR07 375.00 355.10 359.80 -13.20
-SASK MAY07 385.50 369.00 370.90 -12.80
-SASK JUL07 393.00 375.00 380.10 -12.20
U.S. FUTURES (U.S. $/BUSHEL) as of Feb 23/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR07 4.90 4.63 1/2 4.84 1/4 +0.16 1/4
-CBT MAY07 5.04 4.76 1/2 4.98 1/2 +0.17 1/2
WHEAT -MINN MAR07 5.18 5.00 1/2 5.18 +0.13
-MINN MAY07 5.26 1/2 5.07 1/2 5.23 3/4 +0.08 3/4
WHEAT -KANS MAR07 5.12 1/2 4.92 1/2 5.06 1/2 +0.11
-KANS MAY07 5.20 5.01 5.15 +0.07 1/4
CORN -CBT MAR07 4.35 4.13 1/2 4.30 1/4 +0.13 1/4
-CBT MAY07 4.48 1/4 4.26 1/4 4.42 1/2 +0.13
OATS -CBT MAR07 2.57 2.40 1/2 2.50 1/2 +0.08
-CBT MAY07 2.64 3/4 2.48 2.57 3/4 +0.08 1/4
SOYBEAN -CBT MAR07 7.91 7.62 1/2 7.78 1/4 +0.11 1/4
-CBT MAY07 8.07 1/2 7.78 7.94 +0.11 1/2
-CBT JUL07 8.22 7.92 8.09 +0.13 3/4
SOYOIL -CBT MAR07 30.53 29.65 30.39 +0.48
(¢/lb) -CBT MAY07 31.08 30.10 30.96 +0.59
SOYMEAL -CBT MAR07 234.60 226.60 228.90 +1.60
($/ton) -CBT MAY07 240.50 231.80 234.90 +2.60
FEEDMILL BIDS on Feb 19/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 140.00-174.00 159.00-173.00
-REDDEER 152.50-158.00 152.50-159.00
-EDMTN 147.00-155.00 110.20-156.00
OATS -EDMTN 132.90-135.00 N/A
PEAS - EDMTN 143.30-160.00 134.10-160.00
BARLEY-LETH 155.00-168.00 160.00-165.00
-MH/BRKS 162.00-165.00 157.00-165.00
-CALGARY 140.10-165.00 140.10-159.00
-REDDEER 158.00-159.00 149.30-156.00
-VERM N/A 142.40-144.70
-EDMTN 137.80-154.00 128.60-154.00
-PEACE R 140.10-151.60 142.40-144.70
CANOLA CRUSHER on Feb 22/2007
-Meal (FOB) 213.39 204.50
-Seed (DEL) 354.73 364.90
ELEVATOR BIDS, RED DEER, on Feb 23/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 142.20 136.81
OATS 144.27 142.47
BARLEY 154.50 148.26
RYE 118.50 112.40
FLAXSEED .00 .00
CANOLA 343.38 357.01
SPECIAL CROP CASH BIDS on Feb 22/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 206.14 5.61 3.33
FEED 139.63 3.80 2.62
LARGE YELLOW #2 OR BETTER 220.47 6.00 3.42
$/Lb $/Lb
LENTILS #1 LAIRD 331.79 0.15 0.09
#1 ESTON 306.44 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 $/TONNE) as of Feb 22/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 276.70 267.65 256.06 239.94 +6.7%
-CWB #1CWRS VANC* 282.61 276.92 266.37 245.65 +8.4%
-#1DNS GREAT FALLS 214.63 210.25 194.09 170.56 +13.8%
-#1DNS PORTLAND 259.44 253.84 238.97 216.56 +10.3%
CORN -#2 CHICAGO 192.02 179.94 138.58 92.56 +49.7%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 172.82 173.07 137.81 83.13 +65.8%
-#2 STOCKTON 252.95 241.01 192.19 147.09 +30.7%
SOYBNS-#1 ILLINOIS 326.75 314.19 263.18 245.42 +7.2%
EXCH RATE Feb 22/2007: US$ in CANADA$ 1.1613 CANADA$ IN US$ 0.8611
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 18/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #29 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 183.1 7,544.8 4,933.0 +52.9% +37.8%
DURUM 60.8 2,576.2 2,149.8 +19.8% +2.9%
BARLEY 77.7 779.5 1,777.5 -56.1% -39.4%
OATS 17.2 1,120.6 609.6 +83.8% +17.3%
PEAS 82.3 1,028.7 1,175.9 -12.5% -18.2%
FLAXSEED 4.6 327.3 234.4 +39.6% +21.1%
CANOLA-EXPORTS 87.6 3,051.8 2,783.8 +9.6% +9.0%
CANOLA-CRUSH 63.5 1,919.5 1,853.9 +3.5% +5.2%
U.S. EXPORTS ('000 TONNES) as of Feb 15/2007
WHEAT 472.3 16,607.9 19,961.7 -16.8% -13.3%
BARLEY 37.4 356.9 400.2 -10.8% -10.7%
CORN 1143.7 25,217.3 21,775.7 +15.8% +4.8%
SOYBEANS 740.5 19,130.6 15,589.6 +22.7% +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
