Weekly Crop Market Review - November 16, 2007
The next weekly will be published on Friday, November 23, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Nov 16/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK DEC07 180.00 176.00 178.00 +1.00
-SASK MAR08 N/A N/A 182.00 +0.00
-SASK MAY08 N/A N/A 188.00 +0.00
BARLEY -LETH DEC07 185.00 180.50 182.10 +1.60
-LETH MAR08 197.00 192.50 194.10 +0.90
-LETH MAY08 203.00 199.00 201.90 +2.20
CANOLA -SASK JAN08 455.90 443.40 451.20 +6.90
-SASK MAR08 465.60 453.60 461.20 +7.00
-SASK MAY08 473.90 457.40 470.20 +7.60
U.S. FUTURES (U.S. $/BUSHEL) as of Nov 16/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC07 7.72 1/2 7.44 7.49 1/2 -0.12 1/2
-CBT MAR08 7.93 7.63 7.70 1/2 -0.14
WHEAT -MINN DEC07 8.39 1/2 8.05 8.26 +0.08
-MINN MAR08 8.30 7.96 8.14 1/4 +0.01 1/4
WHEAT -KANS DEC07 7.90 7.56 1/2 7.74 1/2 -0.10 1/4
-KANS MAR08 8.01 7.69 7.88 3/4 -0.06 1/2
CORN -CBT DEC07 3.85 3.74 1/4 3.79 1/2 -0.07 1/4
-CBT MAY08 4.11 3/4 4.01 1/2 4.06 1/4 -0.07 1/2
OATS -CBT DEC07 2.88 2.75 2.80 -0.09 1/2
-CBT MAR08 3.02 2.87 2.93 1/2 -0.10 1/4
SOYBEAN -CBT JAN08 10.88 10.34 1/2 10.77 3/4 +0.21 3/4
-CBT MAR08 11.03 10.49 10.93 3/4 +0.23 1/4
-CBT MAY08 11.06 1/2 10.53 10.98 1/4 +0.26
SOYOIL -CBT DEC07 45.07 44.00 44.82 -0.26
(¢/lb) -CBT JAN08 45.63 44.50 45.33 -0.18
SOYMEAL -CBT DEC07 295.20 276.00 292.30 +10.50
($/ton) -CBT JAN08 297.30 278.00 294.60 +11.30
FEEDMILL BIDS on Nov 12/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 200.00-220.00 N/A
-REDDEER 200.00-202.10 200.00-202.10
-EDMTN 176.40-185.20 176.40-185.20
OATS -EDMTN N/A N/A
PEAS - EDMTN N/A N/A
BARLEY-LETH 182.00-195.00 184.00-191.00
-MH/BRKS 183.50-188.30 180.00-188.00
-CALGARY 169.90-176.80 169.90-176.80
-REDDEER 180.00-183.70 180.00-183.70
-VERM 165.30-167.60 165.30-167.60
-EDMTN 160.80-183.70 160.80-183.70
-PEACE R 151.60-160.80 151.60-160.80
CANOLA CRUSHER on Nov 15/2007
-Meal (FOB) 180.33 173.33
-Seed (DEL) 421.10 414.77
ELEVATOR BIDS, RED DEER, on Nov 16/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 180.18 176.26
FEED OATS 158.24 158.24
FEED BARLEY 163.08 156.91
RYE 158.50 158.50
FLAXSEED N/A N/A
CANOLA 419.64 414.15
SPECIAL CROP CASH BIDS on Nov 15/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 333.82 9.09 4.46
FEED 180.41 4.91 3.13
LARGE YELLOW #2 OR BETTER 272.82 7.43 4.66
$/Lb $/Lb
LENTILS #1 LAIRD 540.68 0.25 0.15
#1 ESTON 459.11 0.21 0.14
MUSTARD #1 YELLOW 1043.55 0.47 0.17
#1 BROWN 701.84 0.32 0.16
#1 ORIENTAL 536.49 0.24 0.12
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Nov 15/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 361.35 353.25 351.01 263.74 +33.1%
-CWB #1CWRS VANC* 369.91 363.47 359.36 267.07 +34.6%
-#1DNS GREAT FALLS 302.60 280.64 272.44 202.85 +34.3%
-#1DNS PORTLAND 342.96 322.60 321.03 245.52 +30.8%
CORN -#2 CHICAGO 139.90 133.76 128.46 146.05 -12.0%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 216.64 203.77 205.48 147.63 +39.2%
-#2 STOCKTON 287.76 273.42 265.65 217.66 +22.0%
SOYBNS-#1 ILLINOIS 379.61 347.79 335.62 281.99 +19.0%
EXCH RATE Nov 15/2007: US$ in CANADA$ .9851 CANADA$ IN US$ 1.0151
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Nov 11/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #15 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 280.0 3,806.1 4,280.4 -11.1% -27.2%
DURUM 91.8 925.4 1,468.0 -37.0% -33.4%
BARLEY 78.0 614.2 335.0 +83.3% +74.9%
OATS 41.0 629.3 669.1 -5.9% +12.2%
PEAS 36.8 705.7 649.6 +8.6% +1.6%
FLAXSEED 19.9 188.1 173.1 +8.7% -11.9%
CANOLA-EXPORTS 86.3 1,506.2 1,816.9 -17.1% -0.6%
CANOLA-CRUSH 81.6 1,073.8 964.3 +11.4% +0.6%
U.S. EXPORTS ('000 TONNES) as of Nov 08/2007
WHEAT 629.7 17,433.5 10,185.3 +71.2% +26.5%
BARLEY 31.3 368.1 136.7 +169.3% -20.0%
CORN 1352.6 11,691.4 11,056.2 +5.7% +10.6%
SOYBEANS 678.4 5,972.4 7,911.7 -24.5% -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
