Weekly Crop Market Review - October 26, 2007
The next weekly will be published on Friday, November 02, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Oct 26/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK DEC07 189.00 177.00 173.50 -19.00
-SASK MAR08 N/A N/A 179.30 -19.00
-SASK MAY08 N/A N/A 185.30 -19.00
BARLEY -LETH DEC07 190.00 184.00 184.00 -5.00
-LETH MAR08 203.00 198.00 198.00 -3.00
-LETH MAY08 207.20 204.00 204.00 -2.50
CANOLA -SASK NOV07 433.60 425.20 431.00 -0.70
-SASK JAN08 446.50 437.30 443.60 -0.10
-SASK MAR08 456.10 448.10 453.90 +0.40
U.S. FUTURES (U.S. $/BUSHEL) as of Oct 26/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC07 8.75 7.95 8.00 -0.55 1/2
-CBT MAR08 8.93 8.15 8.22 -0.52 1/2
WHEAT -MINN DEC07 8.86 8.16 8.27 -0.42 3/4
-MINN MAR08 8.90 8.19 8.29 -0.40
WHEAT -KANS DEC07 8.94 8.15 8.27 1/2 -0.41 1/2
-KANS MAR08 9.00 8.26 8.37 -0.39 1/4
CORN -CBT DEC07 3.74 1/2 3.55 3/4 3.72 +0.01 3/4
-CBT MAR08 3.91 3.72 3/4 3.88 3/4 +0.02 3/4
OATS -CBT DEC07 2.82 3/4 2.73 2.78 1/2 -0.03 1/2
-CBT MAR08 2.95 2.86 2.91 -0.03
SOYBEAN -CBT NOV07 10.07 9.61 1/2 9.95 1/2 +0.12 1/4
-CBT JAN08 10.25 9.80 10.13 1/4 +0.12
-CBT MAR08 10.38 1/2 9.94 10.27 1/2 +0.11 3/4
SOYOIL -CBT DEC07 41.50 39.97 41.38 +0.82
(¢/lb) -CBT JAN08 41.95 40.48 41.86 +0.82
SOYMEAL -CBT DEC07 283.00 270.50 277.80 +1.50
($/ton) -CBT JAN08 285.20 273.50 280.60 +1.20
FEEDMILL BIDS on Oct 22/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 200.00-202.00 200.00-225.00
-REDDEER 169.00-200.00 170.90-200.00
-EDMTN 174.50-183.70 174.50-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN N/A N/A
BARLEY-LETH 184.00-190.00 190.00-205.00
-MH/BRKS 183.70-193.00 183.00-196.00
-CALGARY 169.90-179.00 169.90-180.00
-REDDEER 176.80-182.00 176.80-185.00
-VERM 160.80-165.30 165.30-169.90
-EDMTN 156.20-183.70 156.20-183.70
-PEACE R 160.80-174.50 172.20-183.70
CANOLA CRUSHER on Oct 25/2007
-Meal (FOB) 168.33 168.33
-Seed (DEL) 405.87 411.40
ELEVATOR BIDS, RED DEER, on Oct 26/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 154.18 160.13
FEED OATS 157.22 141.62
FEED BARLEY 154.23 148.04
RYE 153.50 153.50
FLAXSEED .00 .00
CANOLA 409.97 410.79
SPECIAL CROP CASH BIDS on Oct 25/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 278.70 7.59 4.26
FEED 180.41 4.91 3.09
LARGE YELLOW #2 OR BETTER 252.61 6.87 4.50
$/Lb $/Lb
LENTILS #1 LAIRD 509.82 0.23 0.14
#1 ESTON 442.58 0.20 0.14
MUSTARD #1 YELLOW 1098.67 0.50 0.15
#1 BROWN 690.82 0.31 0.14
#1 ORIENTAL 536.49 0.24 0.12
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 25/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 364.50 365.65 349.14 263.74 +32.4%
-CWB #1CWRS VANC* N/A 384.65 357.52 267.07 +33.9%
-#1DNS GREAT FALLS 291.38 293.73 269.24 202.85 +32.7%
-#1DNS PORTLAND 332.02 336.67 318.77 245.52 +29.8%
CORN -#2 CHICAGO 130.14 128.32 127.22 146.05 -12.9%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 218.27 236.13 204.63 147.63 +38.6%
-#2 STOCKTON 282.15 284.43 262.42 217.66 +20.6%
SOYBNS-#1 ILLINOIS 345.95 344.45 330.93 281.99 +17.4%
EXCH RATE Oct 25/2007: US$ in CANADA$ .9659 CANADA$ IN US$ 1.0353
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Oct 21/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #12 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 174.4 3,041.8 3,363.6 -9.6% -27.2%
DURUM 67.1 663.6 1,093.7 -39.3% -33.4%
BARLEY 51.5 357.5 144.5 +147.4% +74.9%
OATS 43.6 473.8 559.7 -15.3% +12.2%
PEAS 66.5 587.7 571.0 +2.9% +1.6%
FLAXSEED 4.4 142.6 129.2 +10.4% -11.9%
CANOLA-EXPORTS 81.1 1,219.3 1,386.2 -12.0% -0.6%
CANOLA-CRUSH 77.7 823.9 749.1 +10.0% +0.6%
U.S. EXPORTS ('000 TONNES) as of Oct 18/2007
WHEAT 728.0 15,070.3 9,214.2 +63.6% +26.5%
BARLEY 58.1 228.0 68.3 +234.0% -20.0%
CORN 999.4 7,566.7 7,688.0 -1.6% +10.6%
SOYBEANS 739.5 3,708.2 4,420.6 -16.1% -12.8%
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