Weekly Crop Market Review - May 18, 2007
The next weekly will be published on Friday, May 25, 2007
This information is collected by the Statistics and Data Development
Unit
WINNIPEG FUTURES (CDN $/TONNE) as of May 18/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK JUL07 156.00 N/A 154.00 -3.00
-SASK OCT07 161.00 N/A 159.00 -3.00
-SASK DEC07 N/A N/A 163.70 -3.00
BARLEY -LETH JUL07 181.00 173.90 180.00 +2.70
-LETH OCT07 138.50 136.00 136.30 -1.20
-LETH DEC07 145.00 145.00 144.30 -0.60
CANOLA -SASK JUL07 378.00 367.20 377.00 +8.50
-SASK NOV07 392.90 384.50 392.20 +6.00
-SASK JAN08 401.00 395.60 400.70 +5.80
U.S. FUTURES (U.S. $/BUSHEL) as of May 18/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL07 5.07 1/2 4.70 1/2 4.71 1/4 -0.21 3/4
-CBT SEP07 5.18 4.83 1/2 4.84 1/4 -0.20 3/4
WHEAT -MINN JUL07 5.30 5.00 1/4 5.00 1/2 -0.18 1/2
-MINN SEP07 5.24 4.99 1/2 4.99 3/4 -0.16 1/2
WHEAT -KANS JUL07 4.93 4.66 1/2 4.66 1/2 -0.10 1/4
-KANS SEP07 5.02 4.77 4.78 -0.10 1/4
CORN -CBT JUL07 3.79 3/4 3.56 3.71 1/4 +0.02
-CBT SEP07 3.80 1/2 3.60 1/2 3.69 -0.04 1/4
OATS -CBT JUL07 2.71 1/2 2.54 2.66 1/4 +0.10 1/2
-CBT SEP07 2.63 2.45 2.58 1/2 +0.14 1/2
SOYBEAN -CBT JUL07 7.97 7.63 7.92 1/2 +0.30 3/4
-CBT AUG07 8.03 7.71 7.99 1/4 +0.31
-CBT SEP07 8.10 7.80 8.07 +0.31
SOYOIL -CBT JUL07 35.31 34.15 35.15 +0.76
(¢/lb) -CBT AUG07 35.54 34.43 35.40 +0.82
SOYMEAL -CBT JUL07 214.70 203.00 212.00 +10.20
($/ton) -CBT AUG07 217.00 206.10 214.80 +10.20
FEEDMILL BIDS on May 14/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 175.00-180.00 175.00-180.00
-REDDEER 169.00-172.00 170.00-172.00
-EDMTN 150.70-165.00 150.70-165.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 169.00-176.40 169.00-176.40
BARLEY-LETH 175.00-185.00 175.00-185.00
-MH/BRKS 174.00-178.00 176.00-179.00
-CALGARY 160.80-175.00 165.30-176.00
-REDDEER 165.30-170.00 167.60-170.00
-VERM 151.60-160.80 147.00-160.80
-EDMTN 142.40-165.00 147.00-168.00
-PEACE R 144.70-147.00 144.70-149.30
CANOLA CRUSHER on May 17/2007
-Meal (FOB) 174.70 163.67
-Seed (DEL) 372.37 359.37
ELEVATOR BIDS, RED DEER, on May 18/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 151.32 152.32
OATS 142.41 145.02
BARLEY 162.43 162.60
RYE 118.50 118.50
FLAXSEED .00 .00
CANOLA 361.92 344.93
SPECIAL CROP CASH BIDS on May 17/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 247.47 6.73 3.67
FEED 150.65 4.10 2.62
LARGE YELLOW #2 OR BETTER 266.02 7.24 4.04
$/Lb $/Lb
LENTILS #1 LAIRD 369.93 0.17 0.10
#1 ESTON 334.11 0.15 0.10
MUSTARD #1 YELLOW 508.93 0.23 0.12
#1 BROWN 424.39 0.19 0.11
#1 ORIENTAL 354.61 0.16 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 17/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 264.65 262.25 260.13 239.94 +8.4%
-CWB #1CWRS VANC* 268.09 265.50 265.59 245.65 +8.1%
-#1DNS GREAT FALLS 201.96 209.05 198.91 170.56 +16.6%
-#1DNS PORTLAND 238.35 242.53 242.62 216.56 +12.0%
CORN -#2 CHICAGO 155.75 147.86 146.32 92.56 +58.1%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 157.77 161.07 146.23 83.13 +75.9%
-#2 STOCKTON 237.07 242.04 211.47 147.09 +43.8%
SOYBNS-#1 ILLINOIS 306.64 293.05 275.16 245.42 +12.1%
EXCH RATE May 17/2007: US$ in CANADA$ 1.0884 CANADA$ IN US$ 0.9188
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 13/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #41 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 292.4 10,811.5 8,249.1 +31.1% +28.9%
DURUM 87.4 3,448.9 3,059.1 +12.7% +2.9%
BARLEY 13.6 971.5 2,048.8 -52.6% -50.6%
OATS 17.0 1,380.1 905.9 +52.3% +17.3%
PEAS 32.2 1,310.4 1,597.1 -18.0% -26.0%
FLAXSEED 9.0 415.7 327.3 +27.0% +21.1%
CANOLA-EXPORTS 91.4 4,277.9 4,194.4 +2.0% +3.5%
CANOLA-CRUSH 63.7 2,666.8 2,651.7 +0.6% +2.3%
U.S. EXPORTS ('000 TONNES) as of May 10/2007
WHEAT 621.1 22,697.3 25,198.2 -9.9% -10.8%
BARLEY N/A 417.7 488.1 -14.4% -10.7%
CORN 954.6 37,078.2 33,677.5 +10.1% +4.8%
SOYBEANS 209.0 25,820.9 20,961.0 +23.2% +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
STATISTICS AND DATA DEVELOPMENT UNIT May 18,2007
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