Weekly Crop Market Review - October 19, 2007
The next weekly will be published on Friday, October 26, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Oct 19/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK DEC07 194.00 186.00 192.50 -3.50
-SASK MAR08 186.00 186.00 198.30 -0.70
-SASK MAY08 N/A N/A 204.30 -0.70
BARLEY -LETH DEC07 197.90 187.00 189.00 -3.30
-LETH MAR08 207.90 198.10 201.00 -4.40
-LETH MAY08 212.30 205.00 206.50 -4.50
CANOLA -SASK NOV07 441.40 429.90 431.70 -3.10
-SASK JAN08 452.00 442.20 443.70 -2.30
-SASK MAR08 461.20 451.00 453.50 -1.90
U.S. FUTURES (U.S. $/BUSHEL) as of Oct 19/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC07 8.63 8.10 8.55 1/2 -0.02
-CBT MAR08 8.78 8.33 8.74 1/2 +0.01 1/2
WHEAT -MINN DEC07 8.74 8.27 8.69 3/4 -0.00 1/4
-MINN MAR08 8.71 8.28 8.69 -0.01
WHEAT -KANS DEC07 8.72 8.25 8.69 +0.01 1/4
-KANS MAR08 8.76 1/4 8.32 1/2 8.76 1/4 +0.01 1/4
CORN -CBT DEC07 3.71 3.54 3.70 1/4 +0.19 1/4
-CBT MAR08 3.87 3.70 1/2 3.86 +0.18 1/4
OATS -CBT DEC07 2.83 2.75 1/2 2.82 +0.05
-CBT MAR08 2.94 1/2 2.88 2.94 +0.06
SOYBEAN -CBT NOV07 9.96 1/4 9.68 9.83 1/4 +0.06 1/2
-CBT JAN08 10.15 9.86 10.01 1/4 +0.06
-CBT MAR08 10.28 1/2 10.01 10.15 3/4 +0.08
SOYOIL -CBT DEC07 41.12 39.86 40.56 +1.03
(¢/lb) -CBT JAN08 41.55 40.35 41.04 +0.99
SOYMEAL -CBT DEC07 283.50 273.10 276.30 -2.60
($/ton) -CBT JAN08 286.00 275.50 279.40 -1.80
FEEDMILL BIDS on Oct 15/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 200.00-225.00 200.00-225.00
-REDDEER 170.90-200.00 170.90-202.00
-EDMTN 174.50-183.70 174.90-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN N/A N/A
BARLEY-LETH 190.00-205.00 195.00-210.00
-MH/BRKS 183.00-196.00 183.70-200.00
-CALGARY 169.90-180.00 169.90-180.00
-REDDEER 176.80-185.00 176.80-185.00
-VERM 165.30-169.90 167.60-172.20
-EDMTN 156.20-183.70 158.50-183.70
-PEACE R 172.20-183.70 181.40-183.70
CANOLA CRUSHER on Oct 18/2007
-Meal (FOB) 168.33 172.67
-Seed (DEL) 411.40 414.27
ELEVATOR BIDS, RED DEER, on Oct 19/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 160.13 163.25
FEED OATS 141.62 139.99
FEED BARLEY 148.04 162.65
RYE 153.50 153.50
FLAXSEED .00 .00
CANOLA 410.79 415.56
SPECIAL CROP CASH BIDS on Oct 18/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 262.35 7.14 4.21
FEED 180.41 4.91 3.09
LARGE YELLOW #2 OR BETTER 249.67 6.79 4.48
$/Lb $/Lb
LENTILS #1 LAIRD 505.41 0.23 0.14
#1 ESTON 453.60 0.21 0.14
MUSTARD #1 YELLOW 1087.64 0.49 0.15
#1 BROWN 690.82 0.31 0.14
#1 ORIENTAL 536.49 0.24 0.12
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 18/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 365.65 377.20 347.86 263.74 +31.9%
-CWB #1CWRS VANC* 384.65 390.51 357.52 267.07 +33.9%
-#1DNS GREAT FALLS 293.73 304.92 267.23 202.85 +31.7%
-#1DNS PORTLAND 336.67 357.66 317.44 245.52 +29.3%
CORN -#2 CHICAGO 128.32 117.71 126.97 146.05 -13.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 236.13 244.94 203.49 147.63 +37.8%
-#2 STOCKTON 284.43 285.19 260.77 217.66 +19.8%
SOYBNS-#1 ILLINOIS 344.45 340.43 329.68 281.99 +16.9%
EXCH RATE Oct 18/2007: US$ in CANADA$ .9737 CANADA$ IN US$ 1.0270
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Oct 14/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #11 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 217.0 2,867.4 3,220.1 -11.0% -27.2%
DURUM 43.2 596.5 889.7 -33.0% -33.4%
BARLEY 82.8 306.0 143.5 +113.2% +74.9%
OATS 45.9 430.2 530.5 -18.9% +12.2%
PEAS N/A 521.2 480.9 +8.4% +1.6%
FLAXSEED 6.7 138.2 126.2 +9.5% -11.9%
CANOLA-EXPORTS 92.3 1,138.2 1,292.8 -12.0% -0.6%
CANOLA-CRUSH 70.5 746.1 679.7 +9.8% +0.6%
U.S. EXPORTS ('000 TONNES) as of Oct 11/2007
WHEAT 937.4 14,313.7 8,748.8 +63.6% +21.0%
BARLEY 7.4 169.5 68.0 +149.2% -20.0%
CORN 1029.4 6,463.1 6,910.4 -6.5% +6.1%
SOYBEANS 972.4 2,900.5 3,368.3 -13.9% -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