Weekly Crop Market Review - March 02, 2007
The next weekly will be published on Friday, March 09, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 02/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAY07 170.30 162.00 162.00 -8.30
-SASK JUL07 177.00 166.80 168.80 -7.50
-SASK OCT07 174.00 170.00 170.00 +1.00
BARLEY -LETH MAY07 189.60 185.00 185.90 -2.70
-LETH JUL07 198.00 193.80 194.50 -2.90
-LETH OCT07 151.00 146.10 147.20 -1.30
CANOLA -SASK MAY07 382.30 369.10 375.10 +4.20
-SASK JUL07 389.30 378.50 384.50 +4.40
-SASK NOV07 393.40 382.00 387.50 +4.70
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 02/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY07 5.09 4.68 4.73 3/4 -0.24 3/4
-CBT JUL07 5.18 4.78 4.85 1/4 -0.23 1/2
WHEAT -MINN MAY07 5.34 5.00 5.12 1/2 -0.11 1/4
-MINN JUL07 5.40 5.10 5.22 -0.07
WHEAT -KANS MAY07 5.24 4.88 5.04 -0.11
-KANS JUL07 5.27 4.98 5.07 1/2 -0.12
CORN -CBT MAY07 4.49 4.17 4.21 -0.21 1/2
-CBT JUL07 4.58 1/2 4.25 4.29 3/4 -0.22 1/4
OATS -CBT MAY07 2.67 2.40 2.46 -0.11 3/4
-CBT JUL07 2.73 2.47 2.53 -0.11 1/4
SOYBEAN -CBT MAY07 8.06 7.50 1/2 7.53 1/2 -0.40 1/2
-CBT JUL07 8.20 1/2 7.64 1/2 7.68 3/4 -0.40 1/4
-CBT AUG07 8.24 7.72 7.73 1/2 -0.39 1/2
SOYOIL -CBT MAY07 31.65 29.82 30.08 -0.88
(¢/lb) -CBT JUL07 32.10 30.36 30.56 -0.90
SOYMEAL -CBT MAY07 238.00 220.50 220.90 -14.00
($/ton) -CBT JUL07 243.00 225.60 225.90 -13.70
FEEDMILL BIDS on Feb 26/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 159.00-174.00 140.00-174.00
-REDDEER 152.50-158.00 152.50-158.00
-EDMTN 147.00-155.00 147.00-155.00
OATS -EDMTN N/A 132.90-135.00
PEAS - EDMTN 143.30-161.70 143.30-160.00
BARLEY-LETH 165.00-172.00 155.00-168.00
-MH/BRKS 163.00-166.00 162.00-165.00
-CALGARY 144.70-165.00 140.10-165.00
-REDDEER 149.30-158.00 158.00-159.00
-VERM 142.40-144.70 N/A
-EDMTN 137.80-154.00 137.80-154.00
-PEACE R 137.80-151.60 140.10-151.60
CANOLA CRUSHER on Mar 01/2007
-Meal (FOB) 198.50 213.39
-Seed (DEL) 361.35 354.73
ELEVATOR BIDS, RED DEER, on Mar 02/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 141.34 142.20
OATS 147.84 144.27
BARLEY 150.05 154.50
RYE 117.71 118.50
FLAXSEED .00 .00
CANOLA 349.14 343.38
SPECIAL CROP CASH BIDS on Mar 01/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 212.75 5.79 3.33
FEED 139.63 3.80 2.62
LARGE YELLOW #2 OR BETTER 227.26 6.18 3.42
$/Lb $/Lb
LENTILS #1 LAIRD 329.59 0.15 0.09
#1 ESTON 284.39 0.13 0.11
MUSTARD #1 YELLOW 486.89 0.22 0.12
#1 BROWN 391.32 0.18 0.11
#1 ORIENTAL 327.05 0.15 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 01/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 280.05 276.70 256.84 239.94 +7.0%
-CWB #1CWRS VANC* 282.45 282.61 262.99 245.65 +7.1%
-#1DNS GREAT FALLS 212.43 214.63 194.69 170.56 +14.1%
-#1DNS PORTLAND 256.60 259.44 239.54 216.56 +10.6%
CORN -#2 CHICAGO 185.82 192.02 140.10 92.56 +51.4%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 174.51 172.82 139.08 83.13 +67.3%
-#2 STOCKTON 255.43 252.95 194.82 147.09 +32.4%
SOYBNS-#1 ILLINOIS 314.34 326.75 264.83 245.42 +7.9%
EXCH RATE Mar 01/2007: US$ in CANADA$ 1.1727 CANADA$ IN US$ 0.8527
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 25/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #30 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 243.2 7,788.0 5,237.6 +48.7% +37.8%
DURUM 62.8 2,639.0 2,183.6 +20.9% +2.9%
BARLEY 39.7 819.2 1,857.4 -55.9% -39.4%
OATS 19.3 1,139.9 652.6 +74.7% +17.3%
PEAS 22.2 1,050.9 1,224.8 -14.2% -18.2%
FLAXSEED 1.4 328.7 234.4 +40.2% +21.1%
CANOLA-EXPORTS 75.1 3,126.9 2,877.8 +8.7% +9.0%
CANOLA-CRUSH 56.4 1,975.9 1,925.3 +2.6% +5.2%
U.S. EXPORTS ('000 TONNES) as of Feb 22/2007
WHEAT 629.1 17,288.6 20,455.9 -15.5% -13.3%
BARLEY .0 357.5 400.2 -10.7% -10.7%
CORN 833.8 26,110.0 22,547.9 +15.8% +4.8%
SOYBEANS 834.4 20,068.0 16,166.0 +24.1% +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
