Weekly Crop Market Review - March 23, 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 23/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAY07 160.70 157.50 160.00 -1.50
-SASK JUL07 166.00 165.50 166.00 -2.00
-SASK OCT07 168.70 167.50 167.50 -1.50
BARLEY -LETH MAY07 189.90 186.10 186.20 -1.60
-LETH JUL07 197.00 195.00 195.00 -2.50
-LETH OCT07 148.00 145.50 145.50 -3.50
CANOLA -SASK MAY07 364.80 357.20 360.60 +1.20
-SASK JUL07 375.00 367.00 370.90 +1.70
-SASK NOV07 386.00 379.00 380.90 +1.20
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 23/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY07 4.69 1/2 4.52 4.61 1/2 +0.00 3/4
-CBT JUL07 4.82 1/2 4.65 4.75 +0.01
WHEAT -MINN MAY07 5.07 4.94 5.01 1/2 -0.02
-MINN JUL07 5.15 1/2 5.03 5.09 1/2 -0.03 1/4
WHEAT -KANS MAY07 4.89 4.76 4.84 3/4 -0.01 3/4
-KANS JUL07 4.92 4.80 4.88 -0.02
CORN -CBT MAY07 4.12 1/4 3.93 1/4 4.03 1/4 +0.03 3/4
-CBT JUL07 4.24 4.05 1/4 4.15 1/4 +0.04 1/2
OATS -CBT MAY07 2.98 2.74 1/2 2.91 +0.16 1/2
-CBT JUL07 2.98 2.77 2.93 +0.15 1/2
SOYBEAN -CBT MAY07 7.75 7.49 1/2 7.69 1/2 +0.16
-CBT JUL07 7.91 7.65 1/2 7.85 1/4 +0.16 1/4
-CBT AUG07 7.95 1/2 7.73 7.92 1/4 +0.16 3/4
SOYOIL -CBT MAY07 32.06 30.65 31.96 +1.19
(¢/lb) -CBT JUL07 32.60 31.12 32.36 +1.12
SOYMEAL -CBT MAY07 224.30 216.30 219.30 +1.30
($/ton) -CBT JUL07 229.00 221.50 224.20 +1.10
FEEDMILL BIDS on Mar 19/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 165.00-170.00 159.00-165.00
-REDDEER 162.00-172.00 150.70-158.00
-EDMTN 148.80-160.00 148.80-155.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 143.30-169.00 143.30-169.00
BARLEY-LETH 170.00-185.00 169.00-177.00
-MH/BRKS 169.00-185.00 162.00-168.00
-CALGARY 151.60-166.00 144.70-165.00
-REDDEER 158.00-168.00 151.60-156.00
-VERM 147.00-153.90 140.10-142.40
-EDMTN 142.40-154.00 140.10-147.00
-PEACE R 137.80-151.60 137.80-151.60
CANOLA CRUSHER on Mar 22/2007
-Meal (FOB) 194.50 190.00
-Seed (DEL) 351.90 352.53
ELEVATOR BIDS, RED DEER, on Mar 23/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 151.20 146.22
OATS 165.32 155.53
BARLEY 159.70 156.47
RYE 120.47 128.54
FLAXSEED .00 .00
CANOLA 345.51 341.78
SPECIAL CROP CASH BIDS on Mar 22/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 219.23 5.97 3.48
FEED 145.14 3.95 2.62
LARGE YELLOW #2 OR BETTER 251.14 6.83 3.55
$/Lb $/Lb
LENTILS #1 LAIRD 332.90 0.15 0.10
#1 ESTON 288.80 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 $/TONNE) as of Mar 22/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 271.25 275.10 258.47 239.94 +7.7%
-CWB #1CWRS VANC* N/A 280.75 264.57 245.65 +7.7%
-#1DNS GREAT FALLS 208.95 207.48 196.05 170.56 +14.9%
-#1DNS PORTLAND 254.06 251.79 240.90 216.56 +11.2%
CORN -#2 CHICAGO 178.74 174.48 143.57 92.56 +55.1%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 172.35 175.06 142.38 83.13 +71.3%
-#2 STOCKTON 252.28 256.24 201.53 147.09 +37.0%
SOYBNS-#1 ILLINOIS 316.62 310.36 269.16 245.42 +9.7%
EXCH RATE Mar 22/2007: US$ in CANADA$ 1.1582 CANADA$ IN US$ 0.8634
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 18/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #33 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 219.8 8,478.7 5,751.4 +47.4% +37.8%
DURUM 25.4 2,747.9 2,375.8 +15.7% +2.9%
BARLEY 10.3 845.6 1,950.8 -56.7% -39.4%
OATS 13.7 1,186.8 720.2 +64.8% +17.3%
PEAS N/A 1,050.9 1,316.7 -20.2% -18.2%
FLAXSEED .9 329.8 238.4 +38.3% +21.1%
CANOLA-EXPORTS 174.4 3,497.8 3,231.2 +8.3% +9.0%
CANOLA-CRUSH 61.8 2,150.7 2,122.4 +1.3% +5.2%
U.S. EXPORTS ('000 TONNES) as of Mar 15/2007
WHEAT 368.2 18,749.8 21,908.2 -14.4% -13.3%
BARLEY N/A 357.5 409.2 -12.6% -10.7%
CORN 1036.6 29,545.3 25,641.2 +15.2% +4.8%
SOYBEANS 576.5 22,347.8 18,283.1 +22.2% +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
