Weekly Crop Market Review - March 30, 2007
The next weekly will be published on Friday, April 06, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 30/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAY07 158.50 153.40 153.50 -6.50
-SASK JUL07 164.00 160.00 160.00 -6.00
-SASK OCT07 167.50 N/A 163.30 -4.20
BARLEY -LETH MAY07 187.50 184.00 184.00 -2.20
-LETH JUL07 196.40 191.50 193.20 -1.80
-LETH OCT07 150.80 146.50 146.50 +1.00
CANOLA -SASK MAY07 369.20 347.80 362.40 +1.80
-SASK JUL07 378.90 358.10 372.60 +1.70
-SASK NOV07 393.00 369.10 387.50 +6.60
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 30/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY07 4.68 1/2 4.31 4.38 -0.23 1/2
-CBT JUL07 4.81 4.45 4.53 3/4 -0.21 1/4
WHEAT -MINN MAY07 5.04 4.80 4.85 -0.16 1/2
-MINN JUL07 5.10 4.86 4.92 1/4 -0.17 1/4
WHEAT -KANS MAY07 4.84 4.45 4.56 1/2 -0.28 1/4
-KANS JUL07 4.86 1/2 4.51 4.60 1/2 -0.27 1/2
CORN -CBT MAY07 3.99 1/2 3.74 1/2 3.74 1/2 -0.28 3/4
-CBT JUL07 4.11 3.85 1/2 3.85 1/2 -0.29 3/4
OATS -CBT MAY07 2.94 2.76 2.76 1/2 -0.14 1/2
-CBT JUL07 2.95 2.81 1/2 2.81 3/4 -0.11 1/4
SOYBEAN -CBT MAY07 7.79 7.50 1/2 7.61 1/4 -0.08 1/4
-CBT JUL07 7.94 7.63 7.78 -0.07 1/4
-CBT AUG07 8.00 7.74 7.83 -0.09 1/4
SOYOIL -CBT MAY07 33.00 31.50 32.48 +0.52
(¢/lb) -CBT JUL07 33.50 31.98 32.92 +0.56
SOYMEAL -CBT MAY07 219.00 208.50 211.80 -7.50
($/ton) -CBT JUL07 223.80 214.00 217.40 -6.80
FEEDMILL BIDS on Mar 26/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-180.00 165.00-170.00
-REDDEER 165.00-172.00 162.00-172.00
-EDMTN 147.00-165.00 148.80-160.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 147.00-169.00 143.30-169.00
BARLEY-LETH 170.00-185.00 170.00-185.00
-MH/BRKS 172.00-185.00 169.00-185.00
-CALGARY 160.80-167.00 151.60-166.00
-REDDEER 160.00-168.00 158.00-168.00
-VERM 147.00-151.60 147.00-153.90
-EDMTN 142.40-155.00 142.40-154.00
-PEACE R 144.70-151.60 137.80-151.60
CANOLA CRUSHER on Mar 29/2007
-Meal (FOB) 188.50 194.50
-Seed (DEL) 351.90 351.90
ELEVATOR BIDS, RED DEER, on Mar 30/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 144.69 151.20
OATS 172.50 165.32
BARLEY 159.59 159.70
RYE 119.09 120.47
FLAXSEED .00 .00
CANOLA 352.38 345.51
SPECIAL CROP CASH BIDS on Mar 29/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 237.55 6.46 3.48
FEED 145.14 3.95 2.62
LARGE YELLOW #2 OR BETTER 255.37 6.95 3.64
$/Lb $/Lb
LENTILS #1 LAIRD 346.12 0.16 0.09
#1 ESTON 302.03 0.14 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 $/TONNE) as of Mar 29/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 268.65 271.25 258.76 239.94 +7.8%
-CWB #1CWRS VANC* N/A N/A 264.57 245.65 +7.7%
-#1DNS GREAT FALLS 208.07 208.95 196.40 170.56 +15.1%
-#1DNS PORTLAND 255.30 254.06 241.31 216.56 +11.4%
CORN -#2 CHICAGO 169.82 177.83 144.30 92.56 +55.9%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 172.32 172.35 143.29 83.13 +72.4%
-#2 STOCKTON 252.23 252.28 203.34 147.09 +38.2%
SOYBNS-#1 ILLINOIS 320.50 316.73 270.63 245.42 +10.3%
EXCH RATE Mar 29/2007: US$ in CANADA$ 1.1580 CANADA$ IN US$ 0.8636
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 25/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #34 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 250.6 8,729.2 5,913.0 +47.6% +37.8%
DURUM 39.5 2,787.4 2,448.2 +13.9% +2.9%
BARLEY 13.9 859.5 1,951.4 -56.0% -39.4%
OATS 27.5 1,217.4 735.1 +65.6% +17.3%
PEAS 29.7 1,080.6 1,360.2 -20.6% -18.2%
FLAXSEED 2.6 332.4 240.5 +38.2% +21.1%
CANOLA-EXPORTS 154.7 3,652.5 3,335.4 +9.5% +9.0%
CANOLA-CRUSH 48.5 2,199.2 2,192.7 +0.3% +5.2%
U.S. EXPORTS ('000 TONNES) as of Mar 22/2007
WHEAT 391.5 19,160.0 22,333.9 -14.2% -13.3%
BARLEY 36.8 394.4 409.2 -3.6% -10.7%
CORN 993.1 30,558.6 26,578.2 +15.0% +4.8%
SOYBEANS 487.8 22,810.8 18,988.1 +20.1% +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