Weekly Crop Market Review - June 15, 2007
The next weekly will be published on Friday, June 22, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jun 15/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK JUL07 174.00 164.00 174.00 +10.00
-SASK OCT07 171.50 161.00 171.50 +11.50
-SASK DEC07 173.50 167.00 173.50 +10.50
BARLEY -LETH JUL07 204.90 193.00 203.00 +11.50
-LETH OCT07 176.40 157.00 174.80 +19.30
-LETH DEC07 178.00 160.00 176.80 +17.30
CANOLA -SASK JUL07 386.00 375.20 383.70 +7.20
-SASK NOV07 406.50 393.00 404.70 +9.90
-SASK JAN08 413.70 401.20 412.60 +9.60
U.S. FUTURES (U.S. $/BUSHEL) as of Jun 15/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL07 6.18 1/2 5.41 6.06 1/2 +0.79
-CBT SEP07 6.31 1/2 5.55 6.20 3/4 +0.78 1/4
WHEAT -MINN JUL07 5.95 5.40 5.86 1/4 +0.54 1/4
-MINN SEP07 6.06 5.41 5.95 +0.53 1/4
WHEAT -KANS JUL07 6.15 5.33 5.96 1/4 +0.77 3/4
-KANS SEP07 6.23 5.44 1/2 6.09 +0.76 3/4
CORN -CBT JUL07 4.23 1/2 3.87 1/2 4.19 +0.37
-CBT SEP07 4.30 3.96 4.26 +0.35 3/4
OATS -CBT JUL07 3.00 2.88 1/4 2.92 +0.00
-CBT SEP07 2.99 2.90 2.94 3/4 +0.05 3/4
SOYBEAN -CBT JUL07 8.48 8.15 3/4 8.47 1/4 +0.25 3/4
-CBT AUG07 8.55 8.24 8.54 1/2 +0.25 1/2
-CBT SEP07 8.63 1/2 8.33 8.62 3/4 +0.25 1/2
SOYOIL -CBT JUL07 36.10 34.52 35.88 +0.51
(¢/lb) -CBT AUG07 36.33 34.81 36.12 +0.52
SOYMEAL -CBT JUL07 235.70 227.40 235.40 +9.20
($/ton) -CBT AUG07 237.00 228.00 236.70 +10.00
FEEDMILL BIDS on Jun 11/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 168.00-176.00 175.00-180.00
-REDDEER 170.90-172.00 165.30-172.00
-EDMTN 150.70-168.00 150.70-168.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 169.00-181.90 169.00-176.40
BARLEY-LETH 175.00-185.00 175.00-184.00
-MH/BRKS 175.00-177.00 174.00-176.00
-CALGARY 160.80-172.00 160.80-172.00
-REDDEER 167.60-172.00 160.80-170.00
-VERM 149.30-156.20 151.60-156.20
-EDMTN 147.00-165.00 142.40-165.00
-PEACE R 147.00-149.30 144.70-147.00
CANOLA CRUSHER on Jun 14/2007
-Meal (FOB) 185.77 173.00
-Seed (DEL) 373.00 386.40
ELEVATOR BIDS, RED DEER, on Jun 15/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT .00 176.22
OATS .00 165.67
BARLEY .00 171.10
RYE .00 118.50
FLAXSEED .00 .00
CANOLA .00 370.55
SPECIAL CROP CASH BIDS on Jun 14/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 235.71 6.42 3.64
FEED 150.65 4.10 3.10
LARGE YELLOW #2 OR BETTER 248.02 6.75 3.75
$/Lb $/Lb
LENTILS #1 LAIRD 363.76 0.16 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 0.10
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 14/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 279.65 256.25 260.37 239.94 +8.5%
-CWB #1CWRS VANC* 280.61 255.09 265.33 245.65 +8.0%
-#1DNS GREAT FALLS N/A 200.88 199.25 170.56 +16.8%
-#1DNS PORTLAND N/A 238.00 242.50 216.56 +12.0%
CORN -#2 CHICAGO 165.98 159.22 147.58 92.56 +59.4%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 151.38 155.35 147.06 83.13 +76.9%
-#2 STOCKTON 241.50 240.35 214.45 147.09 +45.8%
SOYBNS-#1 ILLINOIS 312.57 312.84 278.38 245.42 +13.4%
EXCH RATE Jun 14/2007: US$ in CANADA$ 1.0687 CANADA$ IN US$ 0.9357
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jun 10/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #45 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 235.6 11,916.1 9,347.0 +27.5% +28.9%
DURUM 29.1 3,801.9 3,343.9 +13.7% +2.9%
BARLEY 2.5 1,044.1 2,122.6 -50.8% -50.6%
OATS 10.8 1,449.3 964.4 +50.3% +17.3%
PEAS 30.9 1,412.2 1,756.5 -19.6% -26.0%
FLAXSEED 1.1 478.6 349.5 +36.9% +21.1%
CANOLA-EXPORTS 159.4 4,768.0 4,628.3 +3.0% +3.5%
CANOLA-CRUSH 44.4 2,912.8 2,885.7 +0.9% +2.3%
U.S. EXPORTS ('000 TONNES) as of Jun 07/2007
WHEAT 224.2 224.2 433.3 -48.2% +9.9%
BARLEY .3 .3 .3 -7.7% -20.0%
CORN 707.7 40,588.1 38,508.1 +5.4% +0.1%
SOYBEANS 295.9 26,871.0 21,958.2 +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