Weekly Crop Market Review - August 24, 2007
The next weekly will be published on Friday, August 31, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Aug 24/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK OCT07 178.00 174.00 178.00 +2.00
-SASK DEC07 180.50 178.50 179.00 -2.00
-SASK MAR08 N/A N/A 183.10 +0.10
BARLEY -LETH OCT07 172.50 161.00 171.20 +6.20
-LETH DEC07 179.40 170.00 178.00 +7.10
-LETH MAR08 183.00 176.50 182.30 +5.80
CANOLA -SASK NOV07 416.70 396.10 410.00 +7.70
-SASK JAN08 427.00 410.70 420.80 +8.80
-SASK MAR08 435.10 418.30 427.30 +7.10
U.S. FUTURES (U.S. $/BUSHEL) as of Aug 24/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT SEP07 7.41 6.65 7.25 3/4 +0.53 3/4
-CBT DEC07 7.54 6.78 1/2 7.42 +0.53 1/2
WHEAT -MINN MAR08 6.93 6.64 6.85 3/4 +0.22 1/2
-MINN MAY08 6.83 6.55 6.83 +0.18
WHEAT -KANS SEP07 6.83 6.42 6.82 3/4 +0.32 1/4
-KANS DEC07 7.00 6.57 6.98 +0.34
CORN -CBT SEP07 3.54 1/2 3.25 3/4 3.41 1/2 +0.13
-CBT DEC07 3.72 3.42 1/4 3.58 3/4 +0.13
OATS -CBT SEP07 2.58 2.42 2.47 +0.01 1/2
-CBT DEC07 2.68 2.49 2.57 1/2 +0.04
SOYBEAN -CBT SEP07 8.51 8.04 1/2 8.49 +0.37 1/2
-CBT NOV07 8.67 8.19 8.65 +0.37 1/4
-CBT JAN08 8.81 1/2 8.35 8.80 1/4 +0.37 1/2
SOYOIL -CBT SEP07 35.97 34.79 35.92 +0.53
(¢/lb) -CBT OCT07 36.20 35.04 36.11 +0.47
SOYMEAL -CBT SEP07 235.00 217.50 233.70 +14.90
($/ton) -CBT OCT07 237.80 219.80 235.50 +13.50
FEEDMILL BIDS on Aug 20/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-183.00 170.00-183.00
-REDDEER 170.90-175.00 170.90-175.00
-EDMTN 147.00-169.00 147.00-169.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 176.40-181.90 176.40-181.90
BARLEY-LETH 160.00-168.00 160.00-170.00
-MH/BRKS 160.00-165.00 165.00-167.00
-CALGARY 160.80-169.00 160.80-169.00
-REDDEER 165.00-167.60 167.60-175.00
-VERM 149.30-151.60 149.30-153.90
-EDMTN 128.60-151.60 128.60-156.20
-PEACE R 114.80-128.60 114.80-137.80
CANOLA CRUSHER on Aug 23/2007
-Meal (FOB) 145.07 141.33
-Seed (DEL) 392.60 393.90
ELEVATOR BIDS, RED DEER, on Aug 24/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 142.07 138.43
FEED OATS 125.52 129.57
FEED BARLEY 142.23 138.73
RYE 143.50 109.84
FLAXSEED .00 .00
CANOLA 381.99 372.94
SPECIAL CROP CASH BIDS on Aug 23/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 227.26 6.19 3.52
FEED 157.63 4.29 2.97
LARGE YELLOW #2 OR BETTER 230.57 6.28 3.64
$/Lb $/Lb
LENTILS #1 LAIRD 418.33 0.19 0.13
#1 ESTON 373.13 0.17 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 $/TONNE) as of Aug 23/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 314.60 316.50 310.26 263.74 +17.6%
-CWB #1CWRS VANC* N/A N/A 299.83 267.07 +12.3%
-#1DNS GREAT FALLS 228.78 235.48 233.04 202.85 +14.9%
-#1DNS PORTLAND 277.44 283.49 280.34 245.52 +14.2%
CORN -#2 CHICAGO 139.90 128.69 131.55 146.05 -9.9%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 172.75 165.94 163.46 147.63 +10.7%
-#2 STOCKTON 250.10 254.84 248.34 217.66 +14.1%
SOYBNS-#1 ILLINOIS 315.34 300.08 309.61 281.99 +9.8%
EXCH RATE Aug 23/2007: US$ in CANADA$ 1.0553 CANADA$ IN US$ 0.9476
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Aug 19/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY # 3 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 279.8 815.6 774.9 +5.3% -30.0%
DURUM 39.4 192.4 207.8 -7.4% -20.0%
BARLEY 1.5 3.4 8.2 -58.5% +40.0%
OATS 28.8 44.9 127.6 -64.8% -5.0%
PEAS 43.0 51.3 5.3 +867.9% +25.0%
FLAXSEED 25.8 27.8 16.9 +64.5% -5.0%
CANOLA-EXPORTS 45.0 284.3 252.9 +12.4% -5.0%
CANOLA-CRUSH 74.6 213.0 175.7 +21.2% +5.0%
U.S. EXPORTS ('000 TONNES) as of Aug 16/2007
WHEAT 1242.8 6,369.1 4,720.8 +34.9% +18.3%
BARLEY .3 20.7 9.4 +119.2% -20.0%
CORN 981.6 49,958.3 50,215.0 -0.5% -1.6%
SOYBEANS 247.5 29,352.9 24,753.6 +18.6% +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
