Weekly Crop Market Review - December 07, 2007
The next weekly will be published on Friday, December 14, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Dec 07/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR08 N/A N/A 185.00 +0.00
-SASK MAY08 N/A N/A 191.00 +0.00
-SASK JUL08 N/A N/A 194.00 +0.00
BARLEY -LETH MAR08 202.50 192.00 202.50 +5.20
-LETH MAY08 209.00 204.40 209.00 +3.60
-LETH JUL08 213.00 208.90 213.00 +3.10
CANOLA -SASK JAN08 483.10 462.80 482.10 +15.50
-SASK MAR08 495.00 474.30 494.20 +16.20
-SASK MAY08 503.20 484.90 501.60 +13.00
U.S. FUTURES (U.S. $/BUSHEL) as of Dec 07/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR08 9.21 1/2 8.66 9.21 1/2 +0.36
-CBT MAY08 9.21 8.65 9.18 1/2 +0.38
WHEAT -MINN MAR08 10.02 1/2 9.22 10.02 1/2 +0.61 1/2
-MINN MAY08 9.77 9.00 9.77 +0.56 3/4
WHEAT -KANS MAR08 9.50 8.88 9.50 +0.44
-KANS MAY08 9.49 8.82 9.49 +0.55
CORN -CBT MAR08 4.17 3/4 3.99 3/4 4.17 1/4 +0.15 3/4
-CBT MAY08 4.28 1/2 4.10 1/2 4.27 3/4 +0.14 3/4
OATS -CBT MAR08 2.84 1/2 2.75 2.80 1/4 -0.02 3/4
-CBT MAY08 2.88 1/2 2.84 2.88 1/2 -0.03
SOYBEAN -CBT JAN08 11.21 10.68 1/2 11.19 3/4 +0.39 3/4
-CBT MAR08 11.40 10.86 11.38 3/4 +0.41 1/4
-CBT MAY08 11.48 10.95 1/2 11.46 1/2 +0.40 1/2
SOYOIL -CBT JAN08 46.20 45.25 45.70 -0.40
(¢/lb) -CBT MAR08 46.80 45.85 46.33 -0.36
SOYMEAL -CBT JAN08 313.00 289.00 312.70 +19.70
($/ton) -CBT MAR08 318.50 294.30 318.20 +20.50
FEEDMILL BIDS on Dec 03/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 190.00-205.00 200.00-205.00
-REDDEER 185.00-200.00 187.40-200.00
-EDMTN 176.40-183.70 176.40-184.80
OATS -EDMTN N/A N/A
PEAS - EDMTN 202.10-205.00 N/A
BARLEY-LETH 180.00-188.00 180.00-188.00
-MH/BRKS 183.00-187.00 182.00-190.00
-CALGARY 172.20-178.00 172.20-176.80
-REDDEER 175.00-183.70 180.00-183.70
-VERM 160.80-165.30 160.80-165.30
-EDMTN 160.80-174.50 160.80-174.50
-PEACE R 151.60-158.50 151.60-158.50
CANOLA CRUSHER on Dec 06/2007
-Meal (FOB) 203.00 195.00
-Seed (DEL) 450.17 443.20
ELEVATOR BIDS, RED DEER, on Dec 07/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 184.37 172.67
FEED OATS 143.60 158.24
FEED BARLEY 175.75 176.48
RYE 158.50 158.50
FLAXSEED N/A N/A
CANOLA 451.80 413.55
SPECIAL CROP CASH BIDS on Dec 06/2007
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 314.16 8.55 4.75
$/Lb $/Lb
LENTILS #1 LAIRD 541.78 0.25 0.15
#1 ESTON 456.36 0.21 0.14
MUSTARD #1 YELLOW 1043.55 0.47 0.20
#1 BROWN 773.49 0.35 0.16
#1 ORIENTAL 536.49 0.24 0.12
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 06/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 446.35 415.45 361.89 263.74 +37.2%
-CWB #1CWRS VANC* 448.78 N/A 368.38 267.07 +37.9%
-#1DNS GREAT FALLS 363.77 345.89 284.98 202.85 +40.5%
-#1DNS PORTLAND 397.52 379.60 331.27 245.52 +34.9%
CORN -#2 CHICAGO 150.38 145.25 131.32 146.05 -10.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 232.50 226.99 208.79 147.63 +41.4%
-#2 STOCKTON 305.93 302.29 270.86 217.66 +24.4%
SOYBNS-#1 ILLINOIS 398.72 392.24 344.32 281.99 +22.1%
EXCH RATE Dec 06/2007: US$ in CANADA$ 1.0092 CANADA$ IN US$ 0.9909
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 02/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #18 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 246.5 4,552.8 5,218.1 -12.7% -27.2%
DURUM 32.2 1,098.7 1,788.9 -38.6% -33.4%
BARLEY 26.2 885.2 488.9 +81.1% +116.2%
OATS 44.4 758.6 810.6 -6.4% +12.2%
PEAS N/A 851.0 736.5 +15.5% +1.6%
FLAXSEED 31.8 275.5 244.3 +12.8% -11.9%
CANOLA-EXPORTS 106.0 1,751.0 2,029.1 -13.7% -1.4%
CANOLA-CRUSH 79.0 1,313.6 1,178.0 +11.5% +0.6%
U.S. EXPORTS ('000 TONNES) as of Nov 29/2007
WHEAT 463.5 19,038.6 11,522.2 +65.2% +26.5%
BARLEY 9.4 447.4 190.4 +134.9% -20.0%
CORN 1412.8 16,120.8 14,450.3 +11.6% +10.6%
SOYBEANS 614.1 8,322.5 10,264.5 -18.9% -12.8%
NOPA SOYBEAN Month Ending: Oct 31/2007
SOYBEAN CRUSH 4217.7 8,023.2 7,955.1 +0.9% +1.1%
* From Canadian Grain Commission Calendar