Weekly Crop Market Review - December 14, 2007
The next weekly will be published on Friday, December 21, 2007
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Dec 14/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR08 185.00 185.00 191.00 +6.00
-SASK MAY08 N/A N/A 195.00 +4.00
-SASK JUL08 N/A N/A 198.00 +4.00
BARLEY -LETH MAR08 205.50 200.00 204.90 +2.40
-LETH MAY08 212.50 209.00 212.50 +3.50
-LETH JUL08 216.00 213.50 216.00 +3.00
CANOLA -SASK JAN08 503.00 480.70 501.10 +19.00
-SASK MAR08 515.40 492.70 513.70 +19.50
-SASK MAY08 522.90 502.70 520.80 +19.20
U.S. FUTURES (U.S. $/BUSHEL) as of Dec 14/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR08 9.81 9.09 9.79 1/2 +0.58
-CBT MAY08 9.75 9.12 9.74 1/2 +0.56
WHEAT -MINN MAR08 10.76 10.01 10.75 3/4 +0.73 1/4
-MINN MAY08 10.45 9.73 1/2 10.36 1/4 +0.59 1/4
WHEAT -KANS MAR08 10.03 9.48 9.99 1/4 +0.49 1/4
-KANS MAY08 9.90 9.43 9.89 +0.40
CORN -CBT MAR08 4.40 4.15 1/2 4.38 1/4 +0.21
-CBT MAY08 4.50 1/2 4.26 4.49 1/4 +0.21 1/2
OATS -CBT MAR08 2.98 2.81 1/4 2.97 3/4 +0.17 1/2
-CBT MAY08 3.03 2.90 3.03 +0.14 1/2
SOYBEAN -CBT JAN08 11.64 11.17 1/2 11.57 +0.37 1/4
-CBT MAR08 11.83 11.35 11.75 +0.36 1/4
-CBT MAY08 11.96 11.44 1/2 11.88 3/4 +0.42 1/4
SOYOIL -CBT JAN08 46.72 45.48 46.22 +0.52
(¢/lb) -CBT MAR08 47.38 46.08 46.84 +0.51
SOYMEAL -CBT JAN08 330.00 310.00 325.90 +13.20
($/ton) -CBT MAR08 336.20 315.20 332.10 +13.90
FEEDMILL BIDS on Dec 10/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 200.00-205.00 190.00-205.00
-REDDEER 187.40-203.00 185.00-200.00
-EDMTN 172.70-200.00 176.40-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN N/A 202.10-205.00
BARLEY-LETH 185.00-190.00 180.00-188.00
-MH/BRKS 183.00-186.50 183.00-187.00
-CALGARY 172.20-183.70 172.20-178.00
-REDDEER 175.00-183.70 175.00-183.70
-VERM 160.80-165.30 160.80-165.30
-EDMTN 158.50-170.00 160.80-174.50
-PEACE R 151.60-158.50 151.60-158.50
CANOLA CRUSHER on Dec 13/2007
-Meal (FOB) 226.00 203.00
-Seed (DEL) 466.70 450.17
ELEVATOR BIDS, RED DEER, on Dec 14/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 167.17 184.37
FEED OATS 146.35 143.60
FEED BARLEY 174.69 175.75
RYE 158.50 158.50
FLAXSEED N/A N/A
CANOLA 472.50 451.80
SPECIAL CROP CASH BIDS on Dec 13/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 347.60 9.46 4.52
FEED 180.41 4.91 3.38
LARGE YELLOW #2 OR BETTER 319.67 8.70 4.75
$/Lb $/Lb
LENTILS #1 LAIRD 547.29 0.25 0.15
#1 ESTON 458.01 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 0.14
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 13/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 477.30 446.35 367.67 263.74 +39.4%
-CWB #1CWRS VANC* 480.07 448.78 376.97 267.07 +41.1%
-#1DNS GREAT FALLS 398.06 363.77 291.26 202.85 +43.6%
-#1DNS PORTLAND 438.17 397.52 337.21 245.52 +37.3%
CORN -#2 CHICAGO 164.65 150.38 132.99 146.05 -8.9%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 235.01 232.50 210.10 147.63 +42.3%
-#2 STOCKTON 309.23 305.93 272.78 217.66 +25.3%
SOYBNS-#1 ILLINOIS 420.74 398.72 348.14 281.99 +23.5%
EXCH RATE Dec 13/2007: US$ in CANADA$ 1.0201 CANADA$ IN US$ 0.9803
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 09/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #19 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 230.5 4,783.3 5,431.9 -11.9% -27.2%
DURUM 49.6 1,148.3 1,871.2 -38.6% -33.4%
BARLEY 106.1 991.3 508.5 +94.9% +116.2%
OATS 23.5 782.1 836.1 -6.5% +12.2%
PEAS 102.2 953.2 782.8 +21.8% +1.6%
FLAXSEED 16.5 292.0 284.1 +2.8% -11.9%
CANOLA-EXPORTS 75.8 1,826.8 2,099.5 -13.0% -1.4%
CANOLA-CRUSH 83.7 1,397.3 1,247.2 +12.0% +0.6%
U.S. EXPORTS ('000 TONNES) as of Dec 06/2007
WHEAT 723.2 19,875.2 11,968.1 +66.1% +29.3%
BARLEY 5.1 455.9 190.4 +139.4% -20.0%
CORN 976.1 17,193.4 15,609.7 +10.1% +15.3%
SOYBEANS 895.8 9,377.5 11,260.1 -16.7% -11.0%
NOPA SOYBEAN Month Ending: Oct 31/2007
SOYBEAN CRUSH 4217.7 8,023.2 7,955.1 +0.9% +1.3%
* From Canadian Grain Commission Calendar