Weekly Crop Market Review - March 09, 2007
The next weekly will be published on Friday, March 16, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 09/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAY07 165.00 161.00 162.50 +0.50
-SASK JUL07 169.00 168.00 169.00 +0.20
-SASK OCT07 171.00 168.50 171.00 +1.00
BARLEY -LETH MAY07 191.40 185.00 191.30 +5.40
-LETH JUL07 200.00 193.00 200.00 +5.50
-LETH OCT07 151.50 147.00 150.30 +3.10
CANOLA -SASK MAY07 381.00 368.10 377.80 +2.70
-SASK JUL07 389.50 378.00 386.70 +2.20
-SASK NOV07 390.00 381.00 387.90 +0.40
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 09/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY07 4.83 4.67 1/4 4.76 1/2 +0.02 3/4
-CBT JUL07 4.94 4.78 4.89 1/4 +0.04
WHEAT -MINN MAY07 5.17 1/2 5.05 5.14 1/2 +0.02
-MINN JUL07 5.26 5.12 5.23 +0.01
WHEAT -KANS MAY07 5.09 4.96 5.02 -0.02
-KANS JUL07 5.13 4.98 5.05 -0.02 1/2
CORN -CBT MAY07 4.29 1/2 4.13 4.17 1/2 -0.03 1/2
-CBT JUL07 4.39 4.22 4.27 1/2 -0.02 1/4
OATS -CBT MAY07 2.66 3/4 2.42 1/2 2.63 +0.17
-CBT JUL07 2.69 1/2 2.48 3/4 2.66 +0.13
SOYBEAN -CBT MAY07 7.65 1/2 7.39 1/2 7.59 3/4 +0.06 1/4
-CBT JUL07 7.80 7.54 7.75 3/4 +0.07
-CBT AUG07 7.84 1/2 7.62 7.80 1/2 +0.07
SOYOIL -CBT MAY07 30.65 29.67 30.59 +0.51
(¢/lb) -CBT JUL07 31.15 30.16 31.09 +0.53
SOYMEAL -CBT MAY07 224.80 216.20 221.80 +0.90
($/ton) -CBT JUL07 229.80 221.30 226.10 +0.20
FEEDMILL BIDS on Mar 05/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 159.00-174.00 159.00-174.00
-REDDEER 152.50-158.00 152.50-158.00
-EDMTN 148.80-155.00 147.00-155.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 143.30-169.00 143.30-161.70
BARLEY-LETH 165.00-176.00 165.00-172.00
-MH/BRKS 162.00-168.00 163.00-166.00
-CALGARY 144.70-165.00 144.70-165.00
-REDDEER 151.60-158.00 149.30-158.00
-VERM 142.40-144.70 142.40-144.70
-EDMTN 140.10-154.00 137.80-154.00
-PEACE R 137.80-151.60 137.80-151.60
CANOLA CRUSHER on Mar 08/2007
-Meal (FOB) 195.50 198.50
-Seed (DEL) 363.10 361.35
ELEVATOR BIDS, RED DEER, on Mar 09/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 145.05 141.34
OATS 142.78 147.84
BARLEY 158.54 150.05
RYE 120.47 117.71
FLAXSEED .00 .00
CANOLA 358.61 349.14
SPECIAL CROP CASH BIDS on Mar 08/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 214.59 5.84 3.36
FEED 139.63 3.80 2.62
LARGE YELLOW #2 OR BETTER 238.29 6.49 3.42
$/Lb $/Lb
LENTILS #1 LAIRD 331.79 0.15 0.09
#1 ESTON 286.60 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 $/TONNE) as of Mar 08/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 279.75 280.05 257.55 239.94 +7.3%
-CWB #1CWRS VANC* 283.24 282.45 263.87 245.65 +7.4%
-#1DNS GREAT FALLS 214.15 212.43 195.29 170.56 +14.5%
-#1DNS PORTLAND 259.02 256.60 240.15 216.56 +10.9%
CORN -#2 CHICAGO 185.09 185.82 141.51 92.56 +52.9%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 175.57 174.51 140.29 83.13 +68.8%
-#2 STOCKTON 256.98 255.43 197.31 147.09 +34.1%
SOYBNS-#1 ILLINOIS 314.72 314.34 266.39 245.42 +8.5%
EXCH RATE Mar 08/2007: US$ in CANADA$ 1.1798 CANADA$ IN US$ 0.8476
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 04/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #31 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 230.3 8,030.9 5,370.4 +49.5% +37.8%
DURUM 61.9 2,711.7 2,193.7 +23.6% +2.9%
BARLEY .1 819.3 1,899.4 -56.9% -39.4%
OATS 12.3 1,152.2 677.0 +70.2% +17.3%
PEAS N/A 1,050.9 1,264.1 -16.9% -18.2%
FLAXSEED .2 328.9 234.6 +40.2% +21.1%
CANOLA-EXPORTS 150.7 3,278.2 3,016.6 +8.7% +9.0%
CANOLA-CRUSH 59.5 2,035.4 1,995.6 +2.0% +5.2%
U.S. EXPORTS ('000 TONNES) as of Mar 01/2007
WHEAT 500.4 17,792.7 20,896.1 -14.9% -13.3%
BARLEY N/A 357.5 400.2 -10.7% -10.7%
CORN 1311.5 27,480.9 23,526.1 +16.8% +4.8%
SOYBEANS 675.7 20,873.1 16,884.5 +23.6% +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
