Weekly Crop Market Review - November 23, 2007
The next weekly will be published on Friday, November 30, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Nov 23/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK DEC07 182.00 180.00 182.00 +4.00
-SASK MAR08 185.00 184.00 184.50 +2.50
-SASK MAY08 N/A N/A 190.50 +2.50
BARLEY -LETH DEC07 182.10 175.00 178.00 -4.10
-LETH MAR08 195.10 188.20 190.70 -3.40
-LETH MAY08 200.10 197.00 198.50 -3.40
CANOLA -SASK JAN08 468.40 449.50 466.90 +15.70
-SASK MAR08 479.00 461.50 478.00 +16.80
-SASK MAY08 487.90 470.20 486.10 +15.90
U.S. FUTURES (U.S. $/BUSHEL) as of Nov 23/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC07 8.33 1/2 7.53 1/2 8.26 1/2 +0.77
-CBT MAR08 8.56 7.74 8.45 1/2 +0.75
WHEAT -MINN DEC07 9.18 8.26 9.08 +0.82
-MINN MAR08 9.01 8.18 8.90 +0.75 3/4
WHEAT -KANS DEC07 8.59 7.78 1/2 8.54 +0.79 1/2
-KANS MAR08 8.74 7.90 1/2 8.64 1/4 +0.75 1/2
CORN -CBT DEC07 3.89 3/4 3.76 1/2 3.89 +0.09 1/2
-CBT MAR08 4.06 1/2 3.93 1/2 4.05 3/4 N/A
OATS -CBT DEC07 2.79 2.73 1/2 2.73 3/4 -0.06 1/4
-CBT MAR08 2.93 1/2 2.88 2.88 -0.05 1/2
SOYBEAN -CBT JAN08 11.03 10.70 11.00 1/4 +0.22 1/2
-CBT MAR08 11.19 1/2 10.86 1/2 11.16 1/4 +0.22 1/2
-CBT MAY08 11.25 10.92 11.21 +0.22 3/4
SOYOIL -CBT DEC07 46.78 44.75 46.67 +1.85
(¢/lb) -CBT JAN08 47.29 45.23 47.07 +1.74
SOYMEAL -CBT DEC07 293.50 287.10 292.00 -0.30
($/ton) -CBT JAN08 295.50 289.70 294.20 -0.40
FEEDMILL BIDS on Nov 19/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 200.00-205.00 200.00-220.00
-REDDEER 191.10-200.00 200.00-202.10
-EDMTN 176.40-183.70 176.40-185.20
OATS -EDMTN N/A N/A
PEAS - EDMTN N/A N/A
BARLEY-LETH 180.00-188.00 182.00-195.00
-MH/BRKS 180.00-188.30 183.50-188.30
-CALGARY 169.90-174.50 169.90-176.80
-REDDEER 180.00-183.70 180.00-183.70
-VERM 160.80-165.30 165.30-167.60
-EDMTN 156.20-174.50 160.80-183.70
-PEACE R 151.60-160.80 151.60-160.80
CANOLA CRUSHER on Nov 22/2007
-Meal (FOB) 185.33 180.33
-Seed (DEL) 444.43 421.10
ELEVATOR BIDS, RED DEER, on Nov 23/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 175.04 180.18
FEED OATS 136.46 158.24
FEED BARLEY 163.24 163.08
RYE 158.50 158.50
FLAXSEED N/A N/A
CANOLA 433.82 419.64
SPECIAL CROP CASH BIDS on Nov 22/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 333.82 9.09 4.50
FEED 180.41 4.91 3.38
LARGE YELLOW #2 OR BETTER 290.83 7.92 4.73
$/Lb $/Lb
LENTILS #1 LAIRD 541.78 0.25 0.15
#1 ESTON 456.36 0.21 0.14
MUSTARD #1 YELLOW 1049.06 0.48 0.17
#1 BROWN 701.84 0.32 0.16
#1 ORIENTAL 536.49 0.24 0.12
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Nov 22/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 398.00 361.35 353.78 263.74 +34.1%
-CWB #1CWRS VANC* 378.14 369.91 361.07 267.07 +35.2%
-#1DNS GREAT FALLS 320.87 302.60 275.67 202.85 +35.9%
-#1DNS PORTLAND 359.94 342.96 323.63 245.52 +31.8%
CORN -#2 CHICAGO 144.18 139.90 129.38 146.05 -11.4%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 219.76 216.64 206.32 147.63 +39.8%
-#2 STOCKTON 287.59 287.76 266.94 217.66 +22.6%
SOYBNS-#1 ILLINOIS 381.28 379.61 338.31 281.99 +20.0%
EXCH RATE Nov 22/2007: US$ in CANADA$ .9845 CANADA$ IN US$ 1.0157
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Nov 18/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #16 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 185.1 3,991.2 4,609.8 -13.4% -27.2%
DURUM 27.4 952.8 1,542.0 -38.2% -33.4%
BARLEY 86.4 701.1 368.2 +90.4% +74.9%
OATS 35.0 664.3 726.4 -8.5% +12.2%
PEAS 74.5 780.2 660.1 +18.2% +1.6%
FLAXSEED 32.0 220.1 193.2 +13.9% -11.9%
CANOLA-EXPORTS 75.0 1,581.2 1,890.3 -16.4% -0.6%
CANOLA-CRUSH 79.7 1,153.5 1,038.6 +11.1% +0.6%
U.S. EXPORTS ('000 TONNES) as of Nov 15/2007
WHEAT 651.8 18,093.3 10,582.0 +71.0% +26.5%
BARLEY 23.9 392.3 189.2 +107.3% -20.0%
CORN 1328.2 13,153.7 12,285.5 +7.1% +10.6%
SOYBEANS 641.4 6,701.4 8,654.6 -22.6% -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