Weekly Crop Market Review - May 04, 2007
The next weekly will be published on Friday, May 11, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of May 04/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK JUL07 160.00 158.00 160.00 +0.00
-SASK OCT07 163.00 163.00 163.00 -1.00
-SASK DEC07 N/A N/A 167.00 -1.00
BARLEY -LETH JUL07 184.00 176.10 184.00 +2.40
-LETH OCT07 142.00 138.00 142.00 +1.50
-LETH DEC07 148.50 N/A 148.70 +0.90
CANOLA -SASK JUL07 374.50 363.10 365.50 -1.30
-SASK NOV07 391.90 381.00 383.20 +0.20
-SASK JAN08 400.30 390.00 391.80 -0.50
U.S. FUTURES (U.S. $/BUSHEL) as of May 04/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL07 5.13 4.84 4.94 3/4 -0.17 3/4
-CBT SEP07 5.20 4.95 5.06 -0.15
WHEAT -MINN JUL07 5.33 5.13 5.20 -0.15 3/4
-MINN SEP07 5.30 5.10 1/2 5.18 3/4 -0.13 3/4
WHEAT -KANS JUL07 4.98 4.76 1/2 4.85 -0.16 3/4
-KANS SEP07 5.05 1/2 4.86 4.93 3/4 -0.17 1/4
CORN -CBT JUL07 3.96 1/2 3.63 3.90 3/4 +0.17
-CBT SEP07 3.93 1/2 3.60 1/2 3.89 1/2 +0.21
OATS -CBT JUL07 2.72 2.58 2.68 -0.01 1/2
-CBT SEP07 2.54 2.40 2.46 1/4 -0.02 3/4
SOYBEAN -CBT JUL07 7.58 1/2 7.34 1/2 7.47 1/2 +0.09
-CBT AUG07 7.65 7.41 7.53 1/2 +0.08
-CBT SEP07 7.72 1/2 7.49 7.61 +0.09
SOYOIL -CBT JUL07 34.17 33.10 33.17 -0.28
(¢/lb) -CBT AUG07 34.35 33.31 33.40 -0.20
SOYMEAL -CBT JUL07 205.20 197.50 202.50 +4.30
($/ton) -CBT AUG07 207.90 201.00 205.10 +4.20
FEEDMILL BIDS on Apr 30/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-175.00 170.00-176.00
-REDDEER 169.00-172.00 169.00-175.00
-EDMTN 148.80-165.00 148.80-165.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 161.70-174.50 161.70-176.40
BARLEY-LETH 175.00-182.00 175.00-183.00
-MH/BRKS N/A 173.00-180.00
-CALGARY 160.80-174.00 160.80-175.00
-REDDEER 160.80-170.00 160.80-170.00
-VERM 144.70-147.00 142.40-147.00
-EDMTN 142.40-168.00 142.40-165.00
-PEACE R 144.70-151.60 144.70-151.60
CANOLA CRUSHER on May 03/2007
-Meal (FOB) 162.14 159.36
-Seed (DEL) 360.80 357.63
ELEVATOR BIDS, RED DEER, on May 04/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 147.58 144.58
OATS 146.13 144.82
BARLEY 159.98 155.80
RYE 118.50 118.50
FLAXSEED .00 .00
CANOLA 350.22 345.48
SPECIAL CROP CASH BIDS on May 03/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 246.73 6.71 3.67
FEED 150.65 4.10 2.62
LARGE YELLOW #2 OR BETTER 266.02 7.24 4.02
$/Lb $/Lb
LENTILS #1 LAIRD 358.91 0.16 0.10
#1 ESTON 334.11 0.15 0.11
MUSTARD #1 YELLOW 508.93 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 $/TONNE) as of May 03/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 268.00 272.90 259.97 239.94 +8.3%
-CWB #1CWRS VANC* N/A N/A 265.50 245.65 +8.1%
-#1DNS GREAT FALLS 208.18 219.60 198.58 170.56 +16.4%
-#1DNS PORTLAND 245.80 258.33 242.73 216.56 +12.1%
CORN -#2 CHICAGO 162.39 156.82 146.00 92.56 +57.7%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 160.41 157.59 145.53 83.13 +75.1%
-#2 STOCKTON 241.04 244.24 209.77 147.09 +42.6%
SOYBNS-#1 ILLINOIS 290.42 289.13 273.92 245.42 +11.6%
EXCH RATE May 03/2007: US$ in CANADA$ 1.1066 CANADA$ IN US$ 0.9037
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Apr 29/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #39 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 196.2 10,140.6 7,558.9 +34.2% +37.8%
DURUM 54.1 3,293.0 2,937.3 +12.1% +2.9%
BARLEY 17.0 898.3 1,973.5 -54.5% -39.4%
OATS 15.0 1,345.2 872.4 +54.2% +17.3%
PEAS 30.0 1,235.3 1,470.0 -16.0% -18.2%
FLAXSEED 41.4 406.1 303.3 +33.9% +21.1%
CANOLA-EXPORTS 57.7 4,070.5 3,932.3 +3.5% +9.0%
CANOLA-CRUSH 62.2 2,544.4 2,537.3 +0.3% +5.2%
U.S. EXPORTS ('000 TONNES) as of Apr 26/2007
WHEAT 453.7 21,563.6 24,451.5 -11.8% -10.8%
BARLEY 5.2 408.8 473.0 -13.6% -10.7%
CORN 1056.4 35,212.1 31,562.9 +11.6% +4.8%
SOYBEANS 406.5 25,191.0 20,475.4 +23.0% +14.0%
NOPA SOYBEAN Month Ending: Mar 31/2007
SOYBEAN CRUSH 4027.6 27,685.9 26,769.8 +3.4% +1.5%
* From Canadian Grain Commission Calendar
