Weekly Crop Market Review - April 27, 2007
The next weekly will be published on Friday, May 4, 2007
This information is collected by the Statistics and Data Development Unit
WEEKLY CROP MARKET REVIEW
WINNIPEG FUTURES (CDN $/TONNE) as of Apr 27/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAY07 158.50 151.00 158.50 -3.00
-SASK JUL07 164.00 158.00 160.00 -1.50
-SASK OCT07 168.50 N/A 164.00 -2.00
BARLEY -LETH MAY07 179.00 171.10 172.60 -6.40
-LETH JUL07 185.00 178.00 181.60 -2.90
-LETH OCT07 144.00 139.00 140.50 -5.00
CANOLA -SASK MAY07 360.90 350.50 356.00 +1.00
-SASK JUL07 371.00 356.60 366.80 +3.00
-SASK NOV07 387.40 373.50 383.00 +2.20
U.S. FUTURES (U.S. $/BUSHEL) as of Apr 27/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY07 5.15 4.79 1/2 5.00 1/2 -0.01 1/2
-CBT JUL07 5.30 4.93 5.12 1/2 -0.02 1/4
WHEAT -MINN MAY07 5.51 1/2 5.14 5.45 +0.20 1/4
-MINN JUL07 5.45 3/4 5.07 5.35 3/4 +0.16 3/4
WHEAT -KANS MAY07 5.22 4.91 1/2 4.99 -0.15
-KANS JUL07 5.18 4.87 5.01 3/4 -0.08 3/4
CORN -CBT MAY07 3.80 1/2 3.50 3.64 1/4 +0.03 3/4
-CBT JUL07 3.91 1/4 3.61 3.73 3/4 +0.01 3/4
OATS -CBT MAY07 2.68 2.51 1/2 2.65 +0.07
-CBT JUL07 2.70 3/4 2.56 1/2 2.69 1/2 +0.06 1/4
SOYBEAN -CBT MAY07 7.33 7.09 1/4 7.23 -0.00 1/4
-CBT JUL07 7.49 1/2 7.25 1/2 7.38 1/2 -0.01 3/4
-CBT AUG07 7.57 7.32 1/2 7.45 1/2 -0.01 1/2
SOYOIL -CBT MAY07 33.03 31.75 32.93 +0.58
(¢/lb) -CBT JUL07 33.60 32.31 33.45 +0.55
SOYMEAL -CBT MAY07 196.80 190.80 192.00 -4.40
($/ton) -CBT JUL07 202.70 196.50 198.20 -3.90
FEEDMILL BIDS on Apr 23/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-176.00 170.00-176.00
-REDDEER 169.00-175.00 169.00-170.00
-EDMTN 148.80-165.00 148.80-165.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 161.70-176.40 161.70-176.40
BARLEY-LETH 175.00-183.00 170.00-181.00
-MH/BRKS 173.00-180.00 173.00-180.00
-CALGARY 160.80-175.00 160.80-176.00
-REDDEER 160.80-170.00 160.80-170.00
-VERM 142.40-147.00 142.40-147.00
-EDMTN 142.40-165.00 142.40-165.00
-PEACE R 144.70-151.60 144.70-151.60
CANOLA CRUSHER on Apr 26/2007
-Meal (FOB) 159.36 164.00
-Seed (DEL) 357.63 343.73
ELEVATOR BIDS, RED DEER, on Apr 27/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 144.58 156.22
OATS 144.82 156.75
BARLEY 155.80 159.92
RYE 118.50 118.50
FLAXSEED .00 .00
CANOLA 345.48 345.64
SPECIAL CROP CASH BIDS on Apr 26/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 246.73 6.71 3.69
FEED 150.65 4.10 2.62
LARGE YELLOW #2 OR BETTER 266.02 7.24 3.85
$/Lb $/Lb
LENTILS #1 LAIRD 356.59 0.16 0.10
#1 ESTON 329.04 0.15 0.11
MUSTARD #1 YELLOW 497.91 0.23 0.12
#1 BROWN 413.37 0.19 0.11
#1 ORIENTAL 354.61 0.16 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Apr 26/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 272.90 268.50 259.76 239.94 +8.3%
-CWB #1CWRS VANC* N/A 271.47 265.50 245.65 +8.1%
-#1DNS GREAT FALLS 219.60 212.49 198.33 170.56 +16.3%
-#1DNS PORTLAND 258.33 252.54 242.65 216.56 +12.0%
CORN -#2 CHICAGO 158.59 159.97 145.62 92.56 +57.3%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 157.59 158.75 145.13 83.13 +74.6%
-#2 STOCKTON 244.24 246.02 208.79 147.09 +41.9%
SOYBNS-#1 ILLINOIS 289.13 291.24 273.50 245.42 +11.4%
EXCH RATE Apr 26/2007: US$ in CANADA$ 1.1213 CANADA$ IN US$ 0.8918
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Apr 22/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #38 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 307.5 9,916.8 7,185.2 +38.0% +37.8%
DURUM 110.8 3,164.4 2,795.5 +13.2% +2.9%
BARLEY 2.2 881.3 1,971.7 -55.3% -39.4%
OATS 20.2 1,328.7 868.3 +53.0% +17.3%
PEAS 30.8 1,205.3 1,412.7 -14.7% -18.2%
FLAXSEED 9.6 364.7 302.5 +20.6% +21.1%
CANOLA-EXPORTS 93.9 4,012.6 3,863.4 +3.9% +9.0%
CANOLA-CRUSH 66.7 2,482.2 2,463.8 +0.7% +5.2%
U.S. EXPORTS ('000 TONNES) as of Apr 19/2007
WHEAT 356.4 21,072.9 23,760.1 -11.3% -10.8%
BARLEY N/A 402.7 473.0 -14.9% -10.7%
CORN 823.2 34,031.0 30,659.3 +11.0% +4.8%
SOYBEANS 231.7 24,622.6 20,199.8 +21.9% +14.0%
NOPA SOYBEAN Month Ending: Feb 28/2007
SOYBEAN CRUSH 3559.2 23,658.3 22,882.0 +3.4% +1.5%
* From Canadian Grain Commission Calendar
STATISTICS AND DATA DEVELOPMENT UNIT Apr 27,2007
ALBERTA AGRICULTURE AND FOOD (780) 427-4011