Weekly Crop Market Review - November 02, 2007
The next weekly will be published on Friday, November 09, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Nov 02/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK DEC07 179.00 171.00 178.00 +4.50
-SASK MAR08 N/A N/A 186.00 +6.70
-SASK MAY08 N/A N/A 192.00 +6.70
BARLEY -LETH DEC07 188.50 180.00 185.30 +1.30
-LETH MAR08 202.00 194.50 200.20 +2.20
-LETH MAY08 204.90 203.80 206.20 +2.20
CANOLA -SASK JAN08 449.50 434.00 438.00 -5.60
-SASK MAR08 459.70 444.30 448.30 -5.60
-SASK MAY08 467.80 453.60 457.80 -6.70
U.S. FUTURES (U.S. $/BUSHEL) as of Nov 02/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC07 8.30 7.74 7.78 1/2 -0.21 1/2
-CBT MAR08 8.52 7.95 7.99 1/2 -0.22 1/2
WHEAT -MINN DEC07 8.57 8.05 8.13 1/2 -0.13 1/2
-MINN MAR08 8.58 3/4 8.10 8.17 -0.12
WHEAT -KANS DEC07 8.57 1/2 8.00 8.06 1/4 -0.21 1/4
-KANS MAR08 8.65 1/2 8.10 1/2 8.16 1/2 -0.20 1/2
CORN -CBT DEC07 3.80 3/4 3.67 3.77 +0.05
-CBT MAR08 3.97 1/2 3.83 1/2 3.94 1/2 +0.05 3/4
OATS -CBT DEC07 2.94 3/4 2.81 2.93 +0.14 1/2
-CBT MAR08 3.06 1/2 2.95 3.06 +0.15
SOYBEAN -CBT JAN08 10.33 1/2 9.94 10.16 3/4 +0.03 1/2
-CBT MAR08 10.47 10.12 10.31 +0.03 1/2
-CBT MAY08 10.50 10.25 10.35 1/4 +0.04 1/4
SOYOIL -CBT DEC07 42.75 41.65 42.64 +1.26
(¢/lb) -CBT JAN08 43.20 42.10 43.13 +1.27
SOYMEAL -CBT DEC07 281.80 271.50 274.00 -3.80
($/ton) -CBT JAN08 284.30 274.00 275.90 -4.70
FEEDMILL BIDS on Oct 29/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 200.00-202.00 200.00-202.00
-REDDEER 169.00-200.00 169.00-200.00
-EDMTN 174.50-183.70 174.50-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN N/A N/A
BARLEY-LETH 187.00-191.00 184.00-190.00
-MH/BRKS 180.00-192.00 183.70-193.00
-CALGARY 169.90-174.50 169.90-179.00
-REDDEER 179.10-180.00 176.80-182.00
-VERM 160.80-163.10 160.80-165.30
-EDMTN 160.80-183.70 156.20-183.70
-PEACE R 160.80-172.20 160.80-174.50
CANOLA CRUSHER on Nov 01/2007
-Meal (FOB) 175.67 168.33
-Seed (DEL) 418.83 405.87
ELEVATOR BIDS, RED DEER, on Nov 02/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 165.43 154.18
FEED OATS 127.09 157.22
FEED BARLEY 148.80 154.23
RYE .00 153.50
FLAXSEED .00 .00
CANOLA 406.94 409.97
SPECIAL CROP CASH BIDS on Nov 01/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 283.29 7.71 4.25
FEED 180.41 4.91 3.09
LARGE YELLOW #2 OR BETTER 254.45 6.93 4.50
$/Lb $/Lb
LENTILS #1 LAIRD 514.23 0.23 0.14
#1 ESTON 454.70 0.21 0.14
MUSTARD #1 YELLOW 1098.67 0.50 0.15
#1 BROWN 701.84 0.32 0.14
#1 ORIENTAL 536.49 0.24 0.12
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Nov 01/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 362.75 364.50 350.11 263.74 +32.7%
-CWB #1CWRS VANC* N/A N/A 357.52 267.07 +33.9%
-#1DNS GREAT FALLS N/A 291.38 269.24 202.85 +32.7%
-#1DNS PORTLAND 322.46 332.02 319.08 245.52 +30.0%
CORN -#2 CHICAGO 127.80 130.14 127.26 146.05 -12.9%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 207.10 218.27 204.81 147.63 +38.7%
-#2 STOCKTON 277.89 282.15 263.52 217.66 +21.1%
SOYBNS-#1 ILLINOIS 340.45 345.95 331.61 281.99 +17.6%
EXCH RATE Nov 01/2007: US$ in CANADA$ .9513 CANADA$ IN US$ 1.0512
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Oct 28/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #13 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 280.9 3,322.7 3,670.8 -9.5% -27.2%
DURUM 95.9 759.5 1,181.6 -35.7% -33.4%
BARLEY 32.2 389.7 276.8 +40.8% +74.9%
OATS 44.0 517.8 613.1 -15.5% +12.2%
PEAS 57.2 644.9 584.5 +10.3% +1.6%
FLAXSEED 5.6 148.2 129.4 +14.5% -11.9%
CANOLA-EXPORTS 80.4 1,299.7 1,519.0 -14.4% -0.6%
CANOLA-CRUSH 81.0 904.8 817.8 +10.6% +0.6%
U.S. EXPORTS ('000 TONNES) as of Oct 25/2007
WHEAT 850.2 15,980.8 9,537.6 +67.6% +26.5%
BARLEY N/A 254.8 89.3 +185.4% -20.0%
CORN 1113.6 8,770.3 8,736.2 +0.4% +10.6%
SOYBEANS 877.0 4,637.9 5,767.4 -19.6% -12.8%
NOPA SOYBEAN Month Ending: Sep 30/2007
SOYBEAN CRUSH 3805.5 3,805.5 3,737.2 +1.8% +1.1%
* From Canadian Grain Commission Calendar