Weekly Crop Market Review - September 21, 2007
The next weekly will be published on Friday, September 28, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Sep 21/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK OCT07 203.00 197.50 207.00 +5.80
-SASK DEC07 214.00 205.00 214.00 +2.00
-SASK MAR08 207.50 207.50 211.00 -4.00
BARLEY -LETH OCT07 195.00 180.00 198.00 +18.00
-LETH DEC07 207.20 190.00 207.20 +17.20
-LETH MAR08 216.50 204.00 216.50 +19.50
CANOLA -SASK NOV07 446.70 427.60 429.40 -7.60
-SASK JAN08 455.90 438.00 441.50 -6.30
-SASK MAR08 465.00 449.70 449.70 -6.10
U.S. FUTURES (U.S. $/BUSHEL) as of Sep 21/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC07 8.81 8.39 8.74 +0.28
-CBT MAR08 8.88 8.42 1/2 8.77 1/2 +0.23 1/2
WHEAT -MINN DEC07 8.33 7.85 3/4 8.26 +0.31
-MINN MAR08 8.37 7.93 8.33 +0.35 3/4
WHEAT -KANS DEC07 8.65 8.18 3/4 8.58 +0.29
-KANS MAR08 8.68 8.18 1/2 8.54 +0.26
CORN -CBT DEC07 3.77 3.44 1/4 3.76 1/2 +0.27 1/2
-CBT MAR08 3.92 1/2 3.61 1/2 3.92 +0.26
OATS -CBT DEC07 2.87 2.71 2.83 1/4 +0.02 1/2
-CBT MAR08 2.95 2.82 1/2 2.92 1/2 +0.02 1/2
SOYBEAN -CBT NOV07 9.96 1/2 9.53 9.79 +0.24 1/4
-CBT JAN08 10.11 9.69 9.94 1/2 +0.25 1/4
-CBT MAR08 10.19 9.77 1/2 10.02 1/2 +0.22 3/4
SOYOIL -CBT OCT07 39.87 38.93 38.99 -0.53
(¢/lb) -CBT DEC07 40.40 39.42 39.52 -0.50
SOYMEAL -CBT OCT07 277.50 260.70 272.70 +12.70
($/ton) -CBT DEC07 284.00 266.70 278.30 +12.90
FEEDMILL BIDS on Sep 17/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-185.00 170.00-185.00
-REDDEER 169.00-170.00 169.00-170.00
-EDMTN 145.10-170.90 144.80-169.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 174.50-176.40 174.50-176.40
BARLEY-LETH 179.00-182.00 175.00-181.00
-MH/BRKS 178.00-181.00 165.30-178.00
-CALGARY 160.80-176.00 160.80-176.50
-REDDEER 165.00-165.30 160.00-165.30
-VERM 147.00-153.90 147.00-153.90
-EDMTN 137.80-156.20 130.90-149.30
-PEACE R 137.80-153.90 119.40-128.60
CANOLA CRUSHER on Sep 20/2007
-Meal (FOB) 168.83 163.33
-Seed (DEL) 409.27 414.50
ELEVATOR BIDS, RED DEER, on Sep 21/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT .00 165.14
FEED OATS .00 148.95
FEED BARLEY .00 174.07
RYE .00 135.80
FLAXSEED .00 .00
CANOLA .00 415.04
SPECIAL CROP CASH BIDS on Sep 20/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 239.02 6.51 3.64
FEED 155.61 4.23 2.99
LARGE YELLOW #2 OR BETTER 242.14 6.59 4.04
$/Lb $/Lb
LENTILS #1 LAIRD 485.56 0.22 0.13
#1 ESTON 433.76 0.20 0.14
MUSTARD #1 YELLOW 652.23 0.30 0.13
#1 BROWN 446.43 0.20 0.12
#1 ORIENTAL 383.93 0.17 0.11
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Sep 20/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 360.65 370.65 331.61 263.74 +25.7%
-CWB #1CWRS VANC* 356.76 361.78 334.55 267.07 +25.3%
-#1DNS GREAT FALLS 266.00 269.03 244.49 202.85 +20.5%
-#1DNS PORTLAND 315.31 319.31 295.14 245.52 +20.2%
CORN -#2 CHICAGO 126.83 123.69 128.15 146.05 -12.3%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 215.23 216.29 183.80 147.63 +24.5%
-#2 STOCKTON 237.31 244.75 246.97 217.66 +13.5%
SOYBNS-#1 ILLINOIS 346.21 341.03 322.52 281.99 +14.4%
EXCH RATE Sep 20/2007: US$ in CANADA$ 1.0013 CANADA$ IN US$ 0.9987
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Sep 16/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY # 7 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 247.9 1,826.1 2,030.1 -10.0% -27.2%
DURUM 50.6 449.5 466.8 -3.7% -33.4%
BARLEY 44.2 60.5 112.4 -46.2% +74.9%
OATS 49.0 238.5 342.9 -30.4% +12.2%
PEAS 61.2 284.4 158.2 +79.8% +1.6%
FLAXSEED .2 105.0 37.2 +182.3% -11.9%
CANOLA-EXPORTS 105.9 683.9 646.6 +5.8% -0.6%
CANOLA-CRUSH 71.2 474.5 422.3 +12.4% +0.6%
U.S. EXPORTS ('000 TONNES) as of Sep 13/2007
WHEAT 806.9 10,099.7 6,645.4 +52.0% +21.0%
BARLEY 36.2 91.6 33.7 +171.6% -20.0%
CORN 783.8 1,798.7 2,497.5 -28.0% +6.1%
SOYBEANS 298.0 473.6 586.7 -19.3% -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