Weekly Crop Market Review - October 05, 2007
The next weekly will be published on Friday, October 12, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Oct 05/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK DEC07 224.50 217.00 217.00 -8.50
-SASK MAR08 226.00 226.00 220.00 -6.00
-SASK MAY08 N/A N/A 226.00 -6.00
BARLEY -LETH DEC07 217.00 204.50 204.50 -10.80
-LETH MAR08 225.30 213.70 215.00 -10.10
-LETH MAY08 N/A N/A 219.50 -10.10
CANOLA -SASK NOV07 440.60 421.50 424.80 -13.30
-SASK JAN08 450.80 433.00 436.90 -12.10
-SASK MAR08 458.30 442.00 444.80 -13.00
U.S. FUTURES (U.S. $/BUSHEL) as of Oct 05/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC07 9.58 1/2 8.88 1/2 8.90 -0.49
-CBT MAR08 9.64 8.99 1/2 9.02 -0.45
WHEAT -MINN DEC07 9.31 8.80 8.90 3/4 -0.15
-MINN MAR08 9.30 1/2 8.80 8.90 -0.20 3/4
WHEAT -KANS DEC07 9.50 1/2 8.94 8.94 1/2 -0.34 3/4
-KANS MAR08 9.50 8.95 8.95 3/4 -0.35
CORN -CBT DEC07 3.75 3/4 3.39 3/4 3.42 1/4 -0.30 3/4
-CBT MAR08 3.92 3.56 1/4 3.59 -0.30 1/4
OATS -CBT DEC07 2.89 2.72 2.73 -0.16 3/4
-CBT MAR08 2.99 2.83 1/2 2.85 -0.14
SOYBEAN -CBT NOV07 9.98 1/4 9.34 1/2 9.40 1/2 -0.50 3/4
-CBT JAN08 10.15 9.51 9.60 -0.48 1/2
-CBT MAR08 10.25 1/2 9.65 9.71 1/4 -0.47
SOYOIL -CBT DEC07 40.04 38.00 39.03 -0.97
(¢/lb) -CBT JAN08 40.43 38.55 39.60 -0.81
SOYMEAL -CBT DEC07 285.80 264.20 265.40 -16.60
($/ton) -CBT JAN08 288.50 267.10 267.80 -15.70
FEEDMILL BIDS on Oct 01/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 202.00-214.00 170.00-214.00
-REDDEER 148.80-202.00 170.90-202.00
-EDMTN 172.70-183.70 172.70-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN N/A N/A
BARLEY-LETH 199.00-205.00 179.00-195.00
-MH/BRKS 174.50-193.00 174.50-192.00
-CALGARY 169.90-176.50 169.90-176.00
-REDDEER 176.80-185.00 176.80-185.00
-VERM 167.60-172.20 169.90-172.20
-EDMTN 160.80-183.70 158.50-183.70
-PEACE R 137.80-163.10 137.80-163.10
CANOLA CRUSHER on Oct 04/2007
-Meal (FOB) 161.93 181.88
-Seed (DEL) 408.47 413.90
ELEVATOR BIDS, RED DEER, on Oct 05/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 189.89 193.08
FEED OATS 149.30 146.41
FEED BARLEY 180.25 198.01
RYE 153.50 153.50
FLAXSEED .00 .00
CANOLA 402.75 412.86
SPECIAL CROP CASH BIDS on Oct 04/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 257.76 7.02 3.81
FEED 166.63 4.53 2.99
LARGE YELLOW #2 OR BETTER 249.67 6.79 4.45
$/Lb $/Lb
LENTILS #1 LAIRD 493.28 0.22 0.14
#1 ESTON 429.35 0.19 0.14
MUSTARD #1 YELLOW 839.62 0.38 0.15
#1 BROWN 619.16 0.28 0.14
#1 ORIENTAL 398.71 0.18 0.12
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 04/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 395.55 383.10 343.15 263.74 +30.1%
-CWB #1CWRS VANC* 412.29 N/A 347.51 267.07 +30.1%
-#1DNS GREAT FALLS 322.87 306.51 260.09 202.85 +28.2%
-#1DNS PORTLAND 361.54 347.72 310.01 245.52 +26.3%
CORN -#2 CHICAGO 117.70 134.73 127.77 146.05 -12.5%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 255.73 234.68 196.08 147.63 +32.8%
-#2 STOCKTON 291.35 292.52 255.96 217.66 +17.6%
SOYBNS-#1 ILLINOIS 335.97 355.07 327.12 281.99 +16.0%
EXCH RATE Oct 04/2007: US$ in CANADA$ .9974 CANADA$ IN US$ 1.0026
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Sep 30/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY # 9 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 301.8 2,409.5 2,644.1 -8.9% -27.2%
DURUM 10.3 474.2 650.8 -27.1% -33.4%
BARLEY 32.4 138.8 135.1 +2.7% +74.9%
OATS 50.8 347.0 429.7 -19.2% +12.2%
PEAS 114.9 450.9 411.8 +9.5% +1.6%
FLAXSEED 3.0 108.1 62.8 +72.1% -11.9%
CANOLA-EXPORTS 54.8 856.7 967.6 -11.5% -0.6%
CANOLA-CRUSH 69.6 612.6 540.4 +13.3% +0.6%
U.S. EXPORTS ('000 TONNES) as of Sep 27/2007
WHEAT 1071.8 12,379.9 7,629.2 +62.3% +21.0%
BARLEY N/A 98.5 36.2 +171.9% -20.0%
CORN 1092.1 4,216.6 4,779.7 -11.8% +6.1%
SOYBEANS 303.5 1,336.5 1,575.6 -15.2% -12.6%
NOPA SOYBEAN Month Ending: Aug 31/2007
SOYBEAN CRUSH 3743.8 46,838.6 45,220.9 +3.6% +1.1%
* From Canadian Grain Commission Calendar