Weekly Crop Market Review - June 08, 2007
The next weekly will be published on Friday, June 15, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jun 08/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK JUL07 164.00 160.10 164.00 +1.50
-SASK OCT07 161.00 160.00 160.00 +0.10
-SASK DEC07 N/A N/A 163.00 -0.20
BARLEY -LETH JUL07 195.50 186.00 191.50 +5.50
-LETH OCT07 157.50 146.40 155.50 +5.80
-LETH DEC07 161.00 151.00 159.50 +6.50
CANOLA -SASK JUL07 397.00 374.50 376.50 -15.30
-SASK NOV07 413.50 392.40 394.80 -14.20
-SASK JAN08 419.00 402.40 403.00 -12.90
U.S. FUTURES (U.S. $/BUSHEL) as of Jun 08/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL07 5.36 5.14 1/2 5.27 1/2 +0.06 3/4
-CBT SEP07 5.50 5.30 5.42 1/2 +0.07
WHEAT -MINN JUL07 5.45 5.22 5.32 -0.03 3/4
-MINN SEP07 5.49 5.27 5.41 3/4 +0.00
WHEAT -KANS JUL07 5.21 5.00 5.18 1/2 +0.11
-KANS SEP07 5.32 1/2 5.10 1/2 5.32 1/4 +0.10 1/4
CORN -CBT JUL07 3.90 3.71 1/2 3.82 -0.04 3/4
-CBT SEP07 3.94 1/2 3.78 3.90 1/4 +0.01
OATS -CBT JUL07 2.96 2.88 2.92 +0.06
-CBT SEP07 2.98 2.87 2.89 -0.01 1/2
SOYBEAN -CBT JUL07 8.33 8.08 8.21 1/2 +0.04
-CBT AUG07 8.40 1/2 8.16 8.29 +0.04 1/4
-CBT SEP07 8.47 1/2 8.25 8.37 1/4 +0.04 3/4
SOYOIL -CBT JUL07 36.41 35.28 35.37 -0.44
(¢/lb) -CBT AUG07 36.65 35.55 35.60 -0.47
SOYMEAL -CBT JUL07 228.40 220.00 226.20 +4.80
($/ton) -CBT AUG07 228.50 221.40 226.70 +4.30
FEEDMILL BIDS on Jun 04/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 175.00-180.00 175.00-180.00
-REDDEER 165.30-172.00 165.30-172.00
-EDMTN 150.70-168.00 150.70-168.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 169.00-176.40 169.00-176.40
BARLEY-LETH 175.00-184.00 175.00-185.00
-MH/BRKS 174.00-176.00 174.00-177.00
-CALGARY 160.80-172.00 160.80-173.00
-REDDEER 160.80-170.00 160.80-170.00
-VERM 151.60-156.20 151.60-156.20
-EDMTN 142.40-165.00 142.40-165.00
-PEACE R 144.70-147.00 144.70-147.00
CANOLA CRUSHER on Jun 07/2007
-Meal (FOB) 173.00 174.91
-Seed (DEL) 386.40 383.75
ELEVATOR BIDS, RED DEER, on Jun 08/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 176.22 160.32
OATS 165.67 151.30
BARLEY 171.10 164.21
RYE 118.50 118.50
FLAXSEED .00 .00
CANOLA 370.55 382.19
SPECIAL CROP CASH BIDS on Jun 07/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 240.31 6.54 3.65
FEED 150.65 4.10 3.10
LARGE YELLOW #2 OR BETTER 248.02 6.75 4.07
$/Lb $/Lb
LENTILS #1 LAIRD 366.52 0.17 0.10
#1 ESTON 332.57 0.15 0.11
MUSTARD #1 YELLOW 525.47 0.24 0.12
#1 BROWN 424.39 0.19 0.12
#1 ORIENTAL 387.68 0.18 0.10
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 07/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 256.25 261.10 259.94 239.94 +8.3%
-CWB #1CWRS VANC* 255.09 262.61 264.85 245.65 +7.8%
-#1DNS GREAT FALLS 200.88 206.73 199.25 170.56 +16.8%
-#1DNS PORTLAND 238.00 243.67 242.50 216.56 +12.0%
CORN -#2 CHICAGO 159.22 161.80 147.17 92.56 +59.0%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 155.35 156.22 146.96 83.13 +76.8%
-#2 STOCKTON 240.35 241.70 213.74 147.09 +45.3%
SOYBNS-#1 ILLINOIS 312.84 308.22 277.62 245.42 +13.1%
EXCH RATE Jun 07/2007: US$ in CANADA$ 1.0636 CANADA$ IN US$ 0.9402
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jun 03/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #44 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 358.0 11,680.5 9,099.3 +28.4% +28.9%
DURUM 85.0 3,772.8 3,255.5 +15.9% +2.9%
BARLEY 1.4 1,041.6 2,122.6 -50.9% -50.6%
OATS 11.3 1,438.5 938.0 +53.4% +17.3%
PEAS 36.5 1,381.3 1,720.3 -19.7% -26.0%
FLAXSEED 24.6 477.5 347.6 +37.4% +21.1%
CANOLA-EXPORTS 71.0 4,629.1 4,565.6 +1.4% +3.5%
CANOLA-CRUSH 55.6 2,868.4 2,817.9 +1.8% +2.3%
U.S. EXPORTS ('000 TONNES) as of May 31/2007
WHEAT 433.6 24,161.5 26,510.1 -8.9% -9.8%
BARLEY N/A 418.2 488.9 -14.5% -10.7%
CORN 946.0 39,831.9 37,466.3 +6.3% +2.5%
SOYBEANS 147.7 26,546.6 21,738.8 +22.1% +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