Weekly Crop Market Review - September 14, 2007
The next weekly will be published on Friday, September 21, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Sep 14/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK OCT07 205.00 193.90 201.20 +6.20
-SASK DEC07 212.00 202.60 212.00 +11.50
-SASK MAR08 N/A N/A 215.00 +9.50
BARLEY -LETH OCT07 180.00 174.80 180.00 +2.90
-LETH DEC07 193.00 183.00 190.00 +3.00
-LETH MAR08 199.00 190.00 197.00 +4.00
CANOLA -SASK NOV07 438.70 421.50 437.00 +15.50
-SASK JAN08 449.00 433.50 447.80 +15.70
-SASK MAR08 457.30 444.00 455.80 +14.10
U.S. FUTURES (U.S. $/BUSHEL) as of Sep 14/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC07 9.07 8.30 8.46 +0.02 1/2
-CBT MAR08 9.06 1/2 8.33 1/2 8.54 +0.10 1/2
WHEAT -MINN DEC07 8.28 7.79 7.95 +0.21
-MINN MAR08 8.53 7.84 7.97 1/4 +0.13 1/2
WHEAT -KANS DEC07 8.80 8.06 8.29 +0.21 1/2
-KANS MAR08 8.71 8.04 8.28 +0.29 3/4
CORN -CBT DEC07 3.58 3/4 3.38 1/2 3.49 +0.01 1/2
-CBT MAR08 3.75 3.55 1/4 3.66 +0.02
OATS -CBT DEC07 2.83 2.65 1/2 2.80 3/4 +0.17
-CBT MAR08 2.90 2.75 2.90 +0.16
SOYBEAN -CBT NOV07 9.59 1/2 9.07 1/2 9.54 3/4 +0.49 1/2
-CBT JAN08 9.73 1/2 9.23 9.69 1/4 +0.49
-CBT MAR08 9.84 9.34 1/2 9.79 3/4 +0.48 1/4
SOYOIL -CBT OCT07 39.63 37.48 39.52 +2.08
(¢/lb) -CBT DEC07 40.12 37.93 40.02 +2.11
SOYMEAL -CBT OCT07 262.70 249.40 260.00 +11.30
($/ton) -CBT DEC07 268.50 254.40 265.40 +11.00
FEEDMILL BIDS on Sep 10/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-185.00 170.00-185.00
-REDDEER 169.00-170.00 170.00-170.90
-EDMTN 144.80-169.00 144.80-169.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 174.50-176.40 174.50-176.40
BARLEY-LETH 175.00-181.00 170.00-180.00
-MH/BRKS 165.30-178.00 160.80-175.00
-CALGARY 160.80-176.50 160.80-177.00
-REDDEER 160.00-165.30 160.00-167.60
-VERM 147.00-153.90 149.30-153.90
-EDMTN 130.90-149.30 128.60-153.90
-PEACE R 119.40-128.60 114.80-128.60
CANOLA CRUSHER on Sep 13/2007
-Meal (FOB) 163.33 161.67
-Seed (DEL) 414.50 406.40
ELEVATOR BIDS, RED DEER, on Sep 14/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 165.14 169.70
FEED OATS 148.95 131.84
FEED BARLEY 174.07 162.53
RYE 135.80 153.50
FLAXSEED .00 .00
CANOLA 415.04 404.58
SPECIAL CROP CASH BIDS on Sep 13/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 233.88 6.37 3.63
FEED 155.61 4.23 2.99
LARGE YELLOW #2 OR BETTER 232.41 6.33 3.97
$/Lb $/Lb
LENTILS #1 LAIRD 449.19 0.20 0.13
#1 ESTON 429.35 0.19 0.14
MUSTARD #1 YELLOW 553.03 0.25 0.13
#1 BROWN 439.05 0.20 0.12
#1 ORIENTAL 383.93 0.17 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Sep 13/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 370.65 361.60 327.46 263.74 +24.2%
-CWB #1CWRS VANC* 361.78 354.55 329.00 267.07 +23.2%
-#1DNS GREAT FALLS 269.03 N/A 240.91 202.85 +18.8%
-#1DNS PORTLAND 319.31 N/A 291.11 245.52 +18.6%
CORN -#2 CHICAGO 123.69 125.03 128.34 146.05 -12.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 216.29 205.93 179.31 147.63 +21.5%
-#2 STOCKTON 244.75 249.44 248.35 217.66 +14.1%
SOYBNS-#1 ILLINOIS 341.03 327.75 319.14 281.99 +13.2%
EXCH RATE Sep 13/2007: US$ in CANADA$ 1.0327 CANADA$ IN US$ 0.9683
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Sep 09/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY # 6 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 294.2 1,578.2 1,741.7 -9.4% -27.2%
DURUM 57.8 398.9 361.3 +10.4% -33.4%
BARLEY 6.4 16.3 85.8 -81.0% +74.9%
OATS 35.2 188.3 303.9 -38.0% +12.2%
PEAS 70.8 223.2 144.8 +54.1% +1.6%
FLAXSEED 47.1 104.8 34.6 +202.9% -11.9%
CANOLA-EXPORTS 91.7 578.0 555.5 +4.1% -0.6%
CANOLA-CRUSH 55.4 403.3 371.8 +8.5% +0.6%
U.S. EXPORTS ('000 TONNES) as of Sep 06/2007
WHEAT 785.8 9,209.0 6,072.1 +51.7% +21.0%
BARLEY 9.1 30.8 33.6 -8.3% -20.0%
CORN 1116.6 912.0 1,245.3 -26.8% +6.1%
SOYBEANS 158.5 144.2 281.6 -48.8% -12.6%
NOPA SOYBEAN Month Ending: Jul 31/2007
SOYBEAN CRUSH 3878.8 43,094.7 41,557.4 +3.7% +1.1%
* From Canadian Grain Commission Calendar