Weekly Crop Market Review - June 01, 2007
The next weekly will be published on Friday, June 08, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jun 01/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK JUL07 162.50 155.00 162.50 +9.50
-SASK OCT07 159.70 158.20 159.90 +0.10
-SASK DEC07 162.90 162.90 163.20 -1.30
BARLEY -LETH JUL07 187.30 177.60 186.00 +5.00
-LETH OCT07 151.00 137.00 149.70 +8.70
-LETH DEC07 154.00 143.00 153.00 +7.00
CANOLA -SASK JUL07 393.40 383.00 391.80 +4.20
-SASK NOV07 409.50 397.50 409.00 +7.00
-SASK JAN08 417.00 404.80 415.90 +7.00
U.S. FUTURES (U.S. $/BUSHEL) as of Jun 01/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL07 5.30 1/2 4.88 1/2 5.20 3/4 +0.19 3/4
-CBT SEP07 5.44 5.02 5.35 1/2 +0.20 3/4
WHEAT -MINN JUL07 5.45 5.13 1/2 5.35 3/4 +0.10 3/4
-MINN SEP07 5.45 5.14 5.41 3/4 +0.17 1/2
WHEAT -KANS JUL07 5.20 4.79 1/2 5.07 1/2 +0.18 1/4
-KANS SEP07 5.29 1/2 4.91 5.22 +0.20
CORN -CBT JUL07 3.95 1/2 3.63 1/4 3.86 3/4 +0.10 3/4
-CBT SEP07 3.94 1/2 3.65 1/2 3.89 1/4 +0.12
OATS -CBT JUL07 2.87 3/4 2.68 2.86 +0.10 1/2
-CBT SEP07 2.90 1/2 2.62 2.90 1/2 +0.21 1/2
SOYBEAN -CBT JUL07 8.19 1/2 7.94 8.17 1/2 +0.05
-CBT AUG07 8.26 1/2 8.01 1/2 8.24 3/4 +0.05 1/4
-CBT SEP07 8.33 1/2 8.08 1/2 8.32 1/2 +0.06 1/4
SOYOIL -CBT JUL07 36.04 35.04 35.81 -0.03
(¢/lb) -CBT AUG07 36.25 35.30 36.07 -0.01
SOYMEAL -CBT JUL07 221.80 213.20 221.40 +3.20
($/ton) -CBT AUG07 223.00 215.60 222.40 +1.80
FEEDMILL BIDS on May 28/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 175.00-180.00 175.00-180.00
-REDDEER 165.30-172.00 169.00-171.00
-EDMTN 150.70-168.00 150.70-170.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 169.00-176.40 169.00-176.40
BARLEY-LETH 175.00-185.00 175.00-186.00
-MH/BRKS 174.00-177.00 174.00-178.00
-CALGARY 160.80-173.00 160.80-174.00
-REDDEER 160.80-170.00 165.30-170.00
-VERM 151.60-156.20 151.60-158.50
-EDMTN 142.40-165.00 142.40-167.00
-PEACE R 144.70-147.00 144.70-147.00
CANOLA CRUSHER on May 31/2007
-Meal (FOB) 174.91 181.07
-Seed (DEL) 383.75 376.00
ELEVATOR BIDS, RED DEER, on Jun 01/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 160.32 150.72
OATS 151.30 152.58
BARLEY 164.21 163.32
RYE 118.50 118.50
FLAXSEED .00 .00
CANOLA 382.19 374.25
SPECIAL CROP CASH BIDS on May 31/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 245.82 6.69 3.68
FEED 150.65 4.10 2.85
LARGE YELLOW #2 OR BETTER 257.21 7.00 4.04
$/Lb $/Lb
LENTILS #1 LAIRD 367.40 0.17 0.10
#1 ESTON 332.57 0.15 0.11
MUSTARD #1 YELLOW 530.98 0.24 0.12
#1 BROWN 424.39 0.19 0.11
#1 ORIENTAL 387.68 0.18 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 31/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 261.10 254.50 260.03 239.94 +8.4%
-CWB #1CWRS VANC* 262.61 255.57 265.17 245.65 +7.9%
-#1DNS GREAT FALLS 206.73 202.47 199.21 170.56 +16.8%
-#1DNS PORTLAND 243.67 238.54 242.60 216.56 +12.0%
CORN -#2 CHICAGO 161.80 156.51 146.90 92.56 +58.7%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 156.22 157.23 146.76 83.13 +76.6%
-#2 STOCKTON 241.70 236.27 213.02 147.09 +44.8%
SOYBNS-#1 ILLINOIS 308.22 312.17 276.81 245.42 +12.8%
EXCH RATE May 31/2007: US$ in CANADA$ 1.0696 CANADA$ IN US$ 0.9349
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 27/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #43 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) N/A N/A 8,883.1 -100.0% +28.9%
DURUM N/A N/A 3,132.5 -100.0% +2.9%
BARLEY N/A N/A 2,087.4 -100.0% -50.6%
OATS N/A N/A 928.1 -100.0% +17.3%
PEAS N/A N/A 1,709.9 -100.0% -26.0%
FLAXSEED N/A N/A 345.6 -100.0% +21.1%
CANOLA-EXPORTS N/A N/A 4,415.5 -100.0% +3.5%
CANOLA-CRUSH 75.1 2,812.8 2,761.1 +1.9% +2.3%
U.S. EXPORTS ('000 TONNES) as of May 24/2007
WHEAT 376.7 23,720.6 26,070.8 -9.0% -9.8%
BARLEY N/A 417.8 488.9 -14.5% -10.7%
CORN 1048.8 38,833.0 36,308.8 +7.0% +2.5%
SOYBEANS 122.5 26,301.6 21,480.0 +22.4% +14.0%
NOPA SOYBEAN Month Ending: Apr 30/2007
SOYBEAN CRUSH 3775.3 31,461.2 30,328.8 +3.7% +1.8%
* From Canadian Grain Commission Calendar
