Weekly Crop Market Review - June 22, 2007
The next weekly will be published on Friday, June 29, 2007
This information is collected by the Statistics and Data Development Unit
STATISTICS AND DATA DEVELOPMENT UNIT June 22,2007
ALBERTA AGRICULTURE AND FOOD (780) 427-4011
WINNIPEG FUTURES (CDN $/TONNE) as of Jun 22/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK JUL07 175.00 168.00 172.50 -1.50
-SASK OCT07 172.90 168.00 170.00 -1.50
-SASK DEC07 173.00 173.00 172.00 -1.50
BARLEY -LETH JUL07 202.00 198.00 199.60 -3.40
-LETH OCT07 177.00 164.40 165.60 -9.20
-LETH DEC07 177.50 168.00 169.40 -7.40
CANOLA -SASK JUL07 387.70 367.70 369.00 -14.70
-SASK NOV07 409.20 389.00 391.10 -13.60
-SASK JAN08 417.00 399.00 399.60 -13.00
U.S. FUTURES (U.S. $/BUSHEL) as of Jun 22/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL07 6.15 5.79 5.92 1/4 -0.14 1/4
-CBT SEP07 6.35 5.94 6.05 -0.15 3/4
WHEAT -MINN JUL07 6.15 5.70 6.00 +0.13 3/4
-MINN SEP07 6.12 5.79 5.96 1/2 +0.01 1/2
WHEAT -KANS JUL07 5.98 5.67 5.70 3/4 -0.25 1/2
-KANS SEP07 6.08 5.77 5.80 1/2 -0.28 1/2
CORN -CBT JUL07 4.26 3.66 3.67 1/2 -0.51 1/2
-CBT SEP07 4.32 3.75 3.76 3/4 -0.49 1/4
OATS -CBT JUL07 2.90 1/2 2.64 2.64 -0.28
-CBT SEP07 2.94 2.68 2.68 1/4 -0.26 1/2
SOYBEAN -CBT JUL07 8.59 7.92 7.97 -0.50 1/4
-CBT AUG07 8.66 7.99 1/2 8.04 1/2 -0.50
-CBT SEP07 8.76 8.08 8.14 1/2 -0.48 1/4
SOYOIL -CBT JUL07 36.23 34.42 34.73 -1.15
(¢/lb) -CBT AUG07 36.48 34.71 35.00 -1.12
SOYMEAL -CBT JUL07 239.80 215.00 217.40 -18.00
($/ton) -CBT AUG07 240.80 217.30 219.50 -17.20
FEEDMILL BIDS on Jun 18/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-183.00 168.00-176.00
-REDDEER 170.90-178.00 170.90-172.00
-EDMTN 150.70-169.00 150.70-168.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 169.00-181.90 169.00-181.90
BARLEY-LETH 180.00-190.00 175.00-185.00
-MH/BRKS 183.50-197.00 175.00-177.00
-CALGARY 160.80-174.00 160.80-172.00
-REDDEER 167.60-174.00 167.60-172.00
-VERM 149.30-160.80 149.30-156.20
-EDMTN 151.60-169.00 147.00-165.00
-PEACE R 153.86-156.20 147.00-149.30
CANOLA CRUSHER on Jun 21/2007
-Meal (FOB) 174.33 185.77
-Seed (DEL) 372.33 373.00
ELEVATOR BIDS, RED DEER, on Jun 22/2007 (Delivered)
THIS WEEK LAST WEEK
WHEAT 162.08 165.16
OATS 161.14 170.53
BARLEY 172.29 175.80
RYE 118.50 118.50
FLAXSEED .00 .00
CANOLA 357.61 376.32
SPECIAL CROP CASH BIDS on Jun 21/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 221.93 6.04 3.64
FEED 150.65 4.10 3.10
LARGE YELLOW #2 OR BETTER 244.35 6.65 3.67
$/Lb $/Lb
LENTILS #1 LAIRD 363.76 0.16 0.10
#1 ESTON 327.93 0.15 0.12
MUSTARD #1 YELLOW 508.93 0.23 0.12
#1 BROWN 424.39 0.19 0.11
#1 ORIENTAL 365.63 0.17 0.10
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 21/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 280.25 279.65 260.79 239.94 +8.7%
-CWB #1CWRS VANC* 278.38 280.61 265.71 245.65 +8.2%
-#1DNS GREAT FALLS 227.85 N/A 199.87 170.56 +17.2%
-#1DNS PORTLAND 262.60 N/A 242.94 216.56 +12.2%
CORN -#2 CHICAGO 159.93 165.98 147.84 92.56 +59.7%
BARLEY-#2 PORTLAND N/A N/A N/A 131.72 N/A
-#2FD GREAT FALLS 152.23 151.38 147.18 83.13 +77.0%
-#2 STOCKTON 242.85 241.50 215.16 147.09 +46.3%
SOYBNS-#1 ILLINOIS 310.38 312.57 279.06 245.42 +13.7%
EXCH RATE Jun 21/2007: US$ in CANADA$ 1.0747 CANADA$ IN US$ 0.9305
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jun 17/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #46 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 323.3 12,270.7 9,570.6 +28.2% +28.9%
DURUM 66.9 3,868.8 3,401.8 +13.7% +2.9%
BARLEY 6.5 1,050.6 2,123.2 -50.5% -50.6%
OATS 13.6 1,462.9 994.2 +47.1% +17.3%
PEAS N/A 1,412.2 1,814.5 -22.2% -26.0%
FLAXSEED 16.7 495.3 371.6 +33.3% +21.1%
CANOLA-EXPORTS 44.5 4,812.5 4,709.1 +2.2% +3.5%
CANOLA-CRUSH 60.5 2,973.3 2,956.7 +0.6% +2.3%
U.S. EXPORTS ('000 TONNES) as of Jun 14/2007
WHEAT 446.1 693.6 829.4 -16.4% +9.9%
BARLEY N/A .3 1.9 -86.5% -20.0%
CORN 946.4 41,698.3 39,711.7 +5.0% +0.1%
SOYBEANS 134.6 27,043.6 22,225.2 +21.7% +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