Weekly Crop Market Review - October 12, 2007
The next weekly will be published on Friday, October 19, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Oct 12/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK DEC07 211.00 196.00 196.00 -21.00
-SASK MAR08 N/A N/A 199.00 -21.00
-SASK MAY08 N/A N/A 205.00 -21.00
BARLEY -LETH DEC07 204.00 192.10 192.30 -12.20
-LETH MAR08 213.30 204.50 205.40 -9.60
-LETH MAY08 213.10 211.50 211.00 -8.50
CANOLA -SASK NOV07 440.00 418.40 434.80 +10.00
-SASK JAN08 451.20 430.00 446.00 +9.10
-SASK MAR08 458.90 442.00 455.40 +10.60
U.S. FUTURES (U.S. $/BUSHEL) as of Oct 12/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC07 8.83 8.41 8.57 1/2 -0.32 1/2
-CBT MAR08 8.98 1/2 8.56 8.73 -0.29
WHEAT -MINN DEC07 8.90 3/4 8.46 8.70 -0.20 3/4
-MINN MAR08 8.86 8.44 8.70 -0.20
WHEAT -KANS DEC07 8.86 1/4 8.41 3/4 8.67 3/4 -0.26 3/4
-KANS MAR08 8.91 1/4 8.47 8.75 -0.20 3/4
CORN -CBT DEC07 3.57 1/2 3.35 3.51 +0.08 3/4
-CBT MAR08 3.74 3.52 3.67 3/4 +0.08 3/4
OATS -CBT DEC07 2.78 2.67 3/4 2.77 +0.04
-CBT MAR08 2.91 2.81 2.88 +0.03
SOYBEAN -CBT NOV07 9.93 9.23 9.76 3/4 +0.36 1/4
-CBT JAN08 10.11 9.41 9.95 1/4 +0.35 1/4
-CBT MAR08 10.22 9.54 10.07 3/4 +0.36 1/2
SOYOIL -CBT DEC07 40.32 38.43 39.53 +0.50
(¢/lb) -CBT JAN08 40.78 38.93 40.05 +0.45
SOYMEAL -CBT DEC07 283.00 260.00 278.90 +13.50
($/ton) -CBT JAN08 285.50 262.70 281.20 +13.40
FEEDMILL BIDS on Oct 08/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 200.00-225.00 202.00-214.00
-REDDEER 170.90-202.00 148.80-202.00
-EDMTN 174.90-183.70 172.70-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN N/A N/A
BARLEY-LETH 195.00-210.00 199.00-205.00
-MH/BRKS 183.70-200.00 174.50-193.00
-CALGARY 169.90-180.00 169.90-176.50
-REDDEER 176.80-185.00 176.80-185.00
-VERM 167.60-172.20 167.60-172.20
-EDMTN 158.50-183.70 160.80-183.70
-PEACE R 181.40-183.70 137.80-163.10
CANOLA CRUSHER on Oct 11/2007
-Meal (FOB) 172.67 161.93
-Seed (DEL) 414.27 408.47
ELEVATOR BIDS, RED DEER, on Oct 12/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 163.25 189.89
FEED OATS 139.99 149.30
FEED BARLEY 162.65 180.25
RYE 153.50 153.50
FLAXSEED .00 .00
CANOLA 415.56 402.75
SPECIAL CROP CASH BIDS on Oct 11/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 261.25 7.11 3.83
FEED 175.82 4.78 2.99
LARGE YELLOW #2 OR BETTER 248.75 6.77 4.48
$/Lb $/Lb
LENTILS #1 LAIRD 505.41 0.23 0.14
#1 ESTON 440.37 0.20 0.14
MUSTARD #1 YELLOW 988.43 0.45 0.15
#1 BROWN 657.74 0.30 0.14
#1 ORIENTAL 470.35 0.21 0.12
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 11/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 377.20 395.55 346.25 263.74 +31.3%
-CWB #1CWRS VANC* 390.51 412.29 353.65 267.07 +32.4%
-#1DNS GREAT FALLS 304.92 322.87 264.58 202.85 +30.4%
-#1DNS PORTLAND 357.66 361.54 315.31 245.52 +28.4%
CORN -#2 CHICAGO 117.71 117.70 126.85 146.05 -13.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 244.94 255.73 200.52 147.63 +35.8%
-#2 STOCKTON 285.19 291.35 258.62 217.66 +18.8%
SOYBNS-#1 ILLINOIS 340.43 335.97 328.33 281.99 +16.4%
EXCH RATE Oct 11/2007: US$ in CANADA$ .9763 CANADA$ IN US$ 1.0243
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Oct 07/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #10 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 240.9 2,650.4 2,930.6 -9.6% -27.2%
DURUM 79.1 553.3 758.4 -27.0% -33.4%
BARLEY 84.4 223.2 139.1 +60.5% +74.9%
OATS 37.3 384.3 477.0 -19.4% +12.2%
PEAS 70.3 521.2 460.9 +13.1% +1.6%
FLAXSEED 23.4 131.5 75.7 +73.7% -11.9%
CANOLA-EXPORTS 189.2 1,045.9 1,144.7 -8.6% -0.6%
CANOLA-CRUSH 63.1 675.6 611.7 +10.4% +0.6%
U.S. EXPORTS ('000 TONNES) as of Oct 04/2007
WHEAT 858.7 13,338.9 8,205.2 +62.6% +21.0%
BARLEY 6.0 157.2 67.7 +132.0% -20.0%
CORN 1071.6 5,343.2 5,798.8 -7.9% +6.1%
SOYBEANS 489.8 1,896.1 2,291.0 -17.2% -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
