Weekly Crop Market Review - August 17, 2007
The next weekly will be published on Friday, August 24, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Aug 17/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK OCT07 175.00 175.00 176.00 +1.00
-SASK DEC07 180.00 180.00 181.00 +1.00
-SASK MAR08 N/A N/A 183.00 +0.00
BARLEY -LETH OCT07 168.50 160.70 165.00 -2.00
-LETH DEC07 176.50 165.00 170.90 -3.10
-LETH MAR08 176.50 172.00 176.50 -1.50
CANOLA -SASK NOV07 416.50 388.40 402.30 -7.80
-SASK JAN08 426.70 399.00 412.00 -8.70
-SASK MAR08 435.00 408.00 420.20 -8.80
U.S. FUTURES (U.S. $/BUSHEL) as of Aug 17/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT SEP07 6.97 6.55 1/2 6.72 +0.05
-CBT DEC07 7.14 1/2 6.70 6.88 1/2 +0.04
WHEAT -MINN SEP07 6.80 6.41 6.52 1/4 -0.11 3/4
-MINN DEC07 6.85 6.44 6.57 1/2 -0.06
WHEAT -KANS SEP07 6.74 1/2 6.35 6.50 1/2 -0.04
-KANS DEC07 6.94 6.49 6.64 -0.05
CORN -CBT SEP07 3.38 3.10 3.28 1/2 -0.04 1/2
-CBT DEC07 3.55 3.26 1/2 3.45 3/4 -0.04 3/4
OATS -CBT SEP07 2.51 2.40 1/2 2.45 1/2 -0.03 3/4
-CBT DEC07 2.63 2.50 2.53 1/2 -0.07
SOYBEAN -CBT SEP07 8.72 7.89 8.11 1/2 -0.44 1/2
-CBT NOV07 8.88 8.04 1/2 8.27 3/4 -0.44
-CBT JAN08 9.02 1/2 8.20 1/2 8.42 3/4 -0.43 3/4
SOYOIL -CBT SEP07 36.95 33.93 35.39 -1.15
(¢/lb) -CBT OCT07 37.20 34.15 35.64 -1.16
SOYMEAL -CBT SEP07 238.50 214.30 218.80 -15.50
($/ton) -CBT OCT07 240.70 216.70 222.00 -14.50
FEEDMILL BIDS on Aug 13/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-183.00 174.00-184.00
-REDDEER 170.90-175.00 165.30-170.90
-EDMTN 147.00-169.00 156.90-169.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 176.40-181.90 147.00-181.90
BARLEY-LETH 160.00-170.00 169.00-176.00
-MH/BRKS 165.00-167.00 162.00-168.00
-CALGARY 160.80-169.00 160.80-169.00
-REDDEER 167.60-175.00 160.80-167.60
-VERM 149.30-153.90 156.20-158.50
-EDMTN 128.60-156.20 135.50-163.10
-PEACE R 114.80-137.80 114.80-137.80
CANOLA CRUSHER on Aug 16/2007
-Meal (FOB) 141.33 148.42
-Seed (DEL) 393.90 400.77
ELEVATOR BIDS, RED DEER, on Aug 17/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 138.43 138.78
FEED OATS 129.57 146.19
FEED BARLEY 138.73 141.81
RYE 109.84 118.50
FLAXSEED .00 .00
CANOLA 372.94 383.27
SPECIAL CROP CASH BIDS on Aug 16/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 221.93 6.04 3.52
FEED 157.63 4.29 2.97
LARGE YELLOW #2 OR BETTER 227.45 6.19 3.57
$/Lb $/Lb
LENTILS #1 LAIRD 401.68 0.18 0.13
#1 ESTON 358.91 0.16 0.14
MUSTARD #1 YELLOW 519.96 0.24 0.13
#1 BROWN 424.39 0.19 0.12
#1 ORIENTAL 350.53 0.16 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 16/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 316.50 311.15 308.82 263.74 +17.1%
-CWB #1CWRS VANC* N/A 306.23 299.83 267.07 +12.3%
-#1DNS GREAT FALLS 235.48 238.74 234.46 202.85 +15.6%
-#1DNS PORTLAND 283.49 280.09 281.79 245.52 +14.8%
CORN -#2 CHICAGO 128.69 131.95 128.77 146.05 -11.8%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 165.94 161.30 160.37 147.63 +8.6%
-#2 STOCKTON 254.84 250.39 247.76 217.66 +13.8%
SOYBNS-#1 ILLINOIS 300.08 318.42 307.71 281.99 +9.1%
EXCH RATE Aug 16/2007: US$ in CANADA$ 1.0753 CANADA$ IN US$ 0.9300
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Aug 12/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY # 2 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 535.8 535.8 500.6 +7.0% -30.0%
DURUM 153.0 153.0 164.2 -6.8% -20.0%
BARLEY 1.9 1.9 8.1 -76.5% +40.0%
OATS 15.4 15.4 77.0 -80.0% -5.0%
PEAS 8.3 8.3 5.3 +56.6% +25.0%
FLAXSEED 1.5 1.5 16.8 -91.1% -5.0%
CANOLA-EXPORTS 238.5 238.5 107.5 +121.9% -5.0%
CANOLA-CRUSH 74.4 138.4 112.2 +23.3% +5.0%
U.S. EXPORTS ('000 TONNES) as of Aug 09/2007
WHEAT 665.2 5,063.1 4,306.7 +17.6% +18.3%
BARLEY N/A 14.8 9.4 +57.0% -20.0%
CORN 1083.0 48,919.8 48,893.4 +0.1% -1.6%
SOYBEANS 104.2 29,059.4 24,391.7 +19.1% +17.0%
NOPA SOYBEAN Month Ending: Jun 30/2007
SOYBEAN CRUSH 3853.2 39,215.9 37,675.8 +4.1% +3.2%
* From Canadian Grain Commission Calendar
