Weekly Crop Market Review - August 31, 2007
The next weekly will be published on Friday, September 07, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Aug 31/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK OCT07 187.00 174.50 185.00 +7.00
-SASK DEC07 181.00 178.00 190.00 +11.00
-SASK MAR08 N/A N/A 195.00 +11.90
BARLEY -LETH OCT07 175.00 170.00 172.60 +1.40
-LETH DEC07 185.50 176.70 181.80 +3.80
-LETH MAR08 188.00 184.00 188.00 +5.70
CANOLA -SASK NOV07 421.80 406.30 413.50 +3.50
-SASK JAN08 429.50 416.00 424.00 +3.20
-SASK MAR08 434.60 426.00 433.10 +5.80
U.S. FUTURES (U.S. $/BUSHEL) as of Aug 31/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT SEP07 7.95 7.19 7.67 +0.41 1/4
-CBT DEC07 8.05 7.34 7.75 1/2 +0.33 1/2
WHEAT -MINN SEP07 7.03 6.59 1/2 6.92 N/A
-MINN DEC07 7.25 6.74 7.11 1/2 N/A
WHEAT -KANS SEP07 7.33 6.77 7.21 +0.38 1/4
-KANS DEC07 7.50 6.92 1/2 7.31 1/4 +0.33 1/4
CORN -CBT SEP07 3.37 3.21 1/2 3.24 -0.17 1/2
-CBT DEC07 3.54 1/4 3.38 1/4 3.40 -0.18 3/4
OATS -CBT SEP07 2.52 2.38 2.42 -0.05
-CBT DEC07 2.63 2.48 2.54 3/4 -0.02 3/4
SOYBEAN -CBT SEP07 8.80 8.39 8.68 +0.19
-CBT NOV07 8.94 8.54 1/2 8.82 1/2 +0.17 1/2
-CBT JAN08 9.09 8.70 8.98 +0.17 3/4
SOYOIL -CBT SEP07 36.75 35.50 36.54 +0.62
(¢/lb) -CBT OCT07 37.03 35.75 36.79 +0.68
SOYMEAL -CBT SEP07 242.00 230.20 239.80 +6.10
($/ton) -CBT OCT07 245.00 232.80 241.10 +5.60
FEEDMILL BIDS on Aug 27/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-183.00 170.00-183.00
-REDDEER 169.00-170.00 170.90-175.00
-EDMTN 147.00-165.30 147.00-169.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 176.40-181.90 176.40-181.90
BARLEY-LETH 170.00-180.00 160.00-168.00
-MH/BRKS 160.80-165.00 160.00-165.00
-CALGARY 160.80-168.00 160.80-169.00
-REDDEER 160.00-165.30 165.00-167.60
-VERM 149.30-151.60 149.30-151.60
-EDMTN 128.60-151.60 128.60-151.60
-PEACE R 114.80-128.60 114.80-128.60
CANOLA CRUSHER on Aug 30/2007
-Meal (FOB) 153.62 145.07
-Seed (DEL) 394.20 392.60
ELEVATOR BIDS, RED DEER, on Aug 31/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 148.68 142.07
FEED OATS 130.12 125.52
FEED BARLEY 143.42 142.23
RYE 153.50 143.50
FLAXSEED .00 .00
CANOLA 388.57 381.99
SPECIAL CROP CASH BIDS on Aug 30/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 227.45 6.19 3.56
FEED 155.61 4.23 2.97
LARGE YELLOW #2 OR BETTER 233.32 6.35 3.67
$/Lb $/Lb
LENTILS #1 LAIRD 432.65 0.20 0.13
#1 ESTON 377.54 0.17 0.14
MUSTARD #1 YELLOW 553.03 0.25 0.13
#1 BROWN 439.05 0.20 0.12
#1 ORIENTAL 350.53 0.16 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 30/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 318.90 314.60 311.99 263.74 +18.3%
-CWB #1CWRS VANC* N/A N/A 299.83 267.07 +12.3%
-#1DNS GREAT FALLS 244.27 228.78 235.28 202.85 +16.0%
-#1DNS PORTLAND 295.23 277.44 284.06 245.52 +15.7%
CORN -#2 CHICAGO 127.21 136.16 129.94 146.05 -11.0%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 179.12 172.75 166.59 147.63 +12.8%
-#2 STOCKTON 250.89 250.10 248.85 217.66 +14.3%
SOYBNS-#1 ILLINOIS 326.73 315.34 313.04 281.99 +11.0%
EXCH RATE Aug 30/2007: US$ in CANADA$ 1.0586 CANADA$ IN US$ 0.9446
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Aug 26/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY # 4 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 253.1 1,068.7 1,069.0 -0.0% -30.0%
DURUM 90.2 282.6 251.6 +12.3% -20.0%
BARLEY 4.2 7.6 49.3 -84.6% +40.0%
OATS 62.5 116.1 205.4 -43.5% -5.0%
PEAS N/A 51.3 31.8 +61.3% +25.0%
FLAXSEED 23.8 51.6 19.5 +164.6% -5.0%
CANOLA-EXPORTS 89.6 373.9 343.6 +8.8% -5.0%
CANOLA-CRUSH 66.7 279.7 245.0 +14.2% +5.0%
U.S. EXPORTS ('000 TONNES) as of Aug 23/2007
WHEAT 952.3 7,364.4 5,187.5 +42.0% +18.3%
BARLEY N/A 20.8 9.4 +121.0% -20.0%
CORN 851.7 50,922.7 51,343.1 -0.8% -1.6%
SOYBEANS 322.0 29,707.0 25,105.7 +18.3% +17.0%
NOPA SOYBEAN Month Ending: Jul 31/2007
SOYBEAN CRUSH 3878.8 43,094.7 41,557.4 +3.7% +3.2%
* From Canadian Grain Commission Calendar