Weekly Crop Market Review - March 16, 2007
The next weekly will be published on Friday, March 23, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 16/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAY07 161.90 160.00 161.50 -1.00
-SASK JUL07 168.40 168.00 168.00 -1.00
-SASK OCT07 169.00 168.40 169.00 -2.00
BARLEY -LETH MAY07 193.00 187.00 187.80 -3.50
-LETH JUL07 201.00 195.30 197.50 -2.50
-LETH OCT07 152.00 149.00 149.00 -1.30
CANOLA -SASK MAY07 380.00 359.20 359.40 -18.40
-SASK JUL07 385.70 369.00 369.20 -17.50
-SASK NOV07 390.00 379.00 379.70 -8.20
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 16/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY07 4.76 1/2 4.53 1/2 4.60 3/4 -0.15 3/4
-CBT JUL07 4.88 1/2 4.66 1/2 4.74 -0.15 1/4
WHEAT -MINN MAY07 5.14 4.95 5.03 1/2 -0.11
-MINN JUL07 5.23 5.03 5.12 3/4 -0.10 1/4
WHEAT -KANS MAY07 5.01 4.77 1/4 4.86 1/2 -0.15 1/2
-KANS JUL07 5.03 1/2 4.80 4.90 -0.15
CORN -CBT MAY07 4.18 1/2 3.92 1/4 3.99 1/2 -0.18
-CBT JUL07 4.29 4.04 4.10 3/4 -0.16 3/4
OATS -CBT MAY07 2.77 1/4 2.60 1/4 2.74 1/2 +0.11 1/2
-CBT JUL07 2.77 1/2 2.62 1/2 2.77 1/2 +0.11 1/2
SOYBEAN -CBT MAY07 7.70 3/4 7.45 7.53 1/2 -0.06 1/4
-CBT JUL07 7.86 7.61 7.69 -0.06 3/4
-CBT AUG07 7.91 1/2 7.66 1/2 7.75 1/2 -0.05
SOYOIL -CBT MAY07 30.95 30.16 30.77 +0.18
(¢/lb) -CBT JUL07 31.42 30.66 31.24 +0.15
SOYMEAL -CBT MAY07 225.00 215.50 218.00 -3.80
($/ton) -CBT JUL07 229.80 220.80 223.10 -3.00
FEEDMILL BIDS on Mar 12/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 159.00-165.00 159.00-174.00
-REDDEER 150.70-158.00 152.50-158.00
-EDMTN 148.80-155.00 148.80-155.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 143.30-169.00 143.30-169.00
BARLEY-LETH 169.00-177.00 165.00-176.00
-MH/BRKS 162.00-168.00 162.00-168.00
-CALGARY 144.70-165.00 144.70-165.00
-REDDEER 151.60-156.00 151.60-158.00
-VERM 140.10-142.40 142.40-144.70
-EDMTN 140.10-147.00 140.10-154.00
-PEACE R 137.80-151.60 137.80-151.60
CANOLA CRUSHER on Mar 15/2007
-Meal (FOB) 190.00 195.50
-Seed (DEL) 352.53 363.10
ELEVATOR BIDS, RED DEER, on Mar 16/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 146.22 145.05
OATS 155.53 142.78
BARLEY 156.47 158.54
RYE 128.54 120.47
FLAXSEED .00 .00
CANOLA 341.78 358.61
SPECIAL CROP CASH BIDS on Mar 15/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 216.24 5.88 3.36
FEED 139.63 3.80 2.62
LARGE YELLOW #2 OR BETTER 246.73 6.71 3.47
$/Lb $/Lb
LENTILS #1 LAIRD 332.90 0.15 0.10
#1 ESTON 287.70 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 $/TONNE) as of Mar 15/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 275.10 279.75 258.08 239.94 +7.6%
-CWB #1CWRS VANC* 280.75 283.24 264.57 245.65 +7.7%
-#1DNS GREAT FALLS 207.48 214.15 195.66 170.56 +14.7%
-#1DNS PORTLAND 251.79 259.02 240.50 216.56 +11.1%
CORN -#2 CHICAGO 174.48 185.09 142.51 92.56 +54.0%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 175.06 175.57 141.42 83.13 +70.1%
-#2 STOCKTON 256.24 256.98 199.57 147.09 +35.7%
SOYBNS-#1 ILLINOIS 310.36 314.72 267.72 245.42 +9.1%
EXCH RATE Mar 15/2007: US$ in CANADA$ 1.1764 CANADA$ IN US$ 0.8501
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 11/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #32 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 228.0 8,258.9 5,491.8 +50.4% +37.8%
DURUM 10.8 2,722.5 2,254.0 +20.8% +2.9%
BARLEY 16.0 835.3 1,942.9 -57.0% -39.4%
OATS 21.3 1,173.1 698.7 +67.9% +17.3%
PEAS N/A 1,050.9 1,308.3 -19.7% -18.2%
FLAXSEED N/A 328.9 234.6 +40.2% +21.1%
CANOLA-EXPORTS 40.1 3,323.0 3,114.1 +6.7% +9.0%
CANOLA-CRUSH 53.5 2,088.9 2,061.7 +1.3% +5.2%
U.S. EXPORTS ('000 TONNES) as of Mar 08/2007
WHEAT 541.9 18,354.7 21,521.9 -14.7% -13.3%
BARLEY N/A 357.5 404.9 -11.7% -10.7%
CORN 879.8 28,483.5 24,458.5 +16.5% +4.8%
SOYBEANS 753.9 21,689.4 17,767.2 +22.1% +16.2%
NOPA SOYBEAN Month Ending: Jan 31/2007
SOYBEAN CRUSH 4051.2 20,099.1 19,344.2 +3.9% +2.4%
* From Canadian Grain Commission Calendar
