Weekly Crop Market Review - December 21, 2007
The next weekly will be published on Friday, January 4, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Dec 21/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR08 190.00 190.00 190.10 -0.90
-SASK MAY08 N/A N/A 194.10 -0.90
-SASK JUL08 N/A N/A 194.10 -3.90
BARLEY -LETH MAR08 206.00 200.00 204.70 -0.20
-LETH MAY08 215.20 208.00 212.10 -0.40
-LETH JUL08 N/A N/A 216.10 +0.10
CANOLA -SASK JAN08 504.50 486.20 497.90 -3.20
-SASK MAR08 518.40 499.20 511.80 -1.90
-SASK MAY08 523.90 508.60 520.70 -0.10
U.S. FUTURES (U.S. $/BUSHEL) as of Dec 21/2007
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR08 10.09 1/2 9.41 1/2 9.49 -0.30 1/2
-CBT MAY08 9.98 9.43 9.49 -0.25 1/2
WHEAT -MINN MAR08 10.98 10.58 10.78 +0.02 1/4
-MINN MAY08 10.53 10.06 10.38 +0.01 3/4
WHEAT -KANS MAR08 10.19 9.62 9.68 3/4 -0.30 1/2
-KANS MAY08 10.03 9.53 9.68 -0.21
CORN -CBT MAR08 4.48 4.31 1/2 4.43 1/2 +0.05 1/4
-CBT MAY08 4.58 4.42 3/4 4.53 3/4 +0.04 1/2
OATS -CBT MAR08 3.06 2.93 3.05 1/2 +0.07 3/4
-CBT MAY08 3.12 3/4 3.02 1/4 3.11 +0.08
SOYBEAN -CBT JAN08 11.78 11.49 1/2 11.77 1/2 +0.20 1/2
-CBT MAR08 11.96 1/2 11.68 11.96 +0.21
-CBT MAY08 12.12 1/2 11.79 1/2 12.12 +0.23 1/4
SOYOIL -CBT JAN08 47.35 45.85 47.15 +0.93
(¢/lb) -CBT MAR08 47.95 46.47 47.74 +0.90
SOYMEAL -CBT JAN08 329.00 321.80 328.20 +2.30
($/ton) -CBT MAR08 336.20 328.50 334.90 +2.80
FEEDMILL BIDS on Dec 17/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 200.00-215.00 200.00-205.00
-REDDEER 191.10-203.00 187.40-203.00
-EDMTN 183.70-200.00 172.70-200.00
OATS -EDMTN 129.70-146.50 N/A
PEAS - EDMTN N/A N/A
BARLEY-LETH 185.00-195.00 185.00-190.00
-MH/BRKS 183.70-190.00 183.00-186.50
-CALGARY 174.50-197.00 172.20-183.70
-REDDEER 175.00-183.70 175.00-183.70
-VERM 165.30-172.20 160.80-165.30
-EDMTN 156.20-172.20 158.50-170.00
-PEACE R 151.60-158.50 151.60-158.50
CANOLA CRUSHER on Dec 20/2007
-Meal (FOB) 239.43 226.00
-Seed (DEL) 464.27 466.70
ELEVATOR BIDS, RED DEER, on Dec 21/2007 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 176.77 167.17
FEED OATS 168.53 146.35
FEED BARLEY 178.95 174.69
RYE 158.50 158.50
FLAXSEED N/A N/A
CANOLA 465.31 472.50
SPECIAL CROP CASH BIDS on Dec 20/2007
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 347.60 9.46 4.64
FEED 180.41 4.91 3.38
LARGE YELLOW #2 OR BETTER 329.41 8.96 4.85
$/Lb $/Lb
LENTILS #1 LAIRD 547.29 0.25 0.15
#1 ESTON 459.11 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 $/TONNE) as of Dec 20/2007
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 496.30 477.30 373.79 263.74 +41.7%
-CWB #1CWRS VANC* 496.30 480.07 385.49 267.07 +44.3%
-#1DNS GREAT FALLS 403.41 398.06 297.16 202.85 +46.5%
-#1DNS PORTLAND 443.46 438.17 342.80 245.52 +39.6%
CORN -#2 CHICAGO 160.41 164.65 134.29 146.05 -8.0%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 230.36 235.01 211.06 147.63 +43.0%
-#2 STOCKTON 303.11 309.23 274.22 217.66 +26.0%
SOYBNS-#1 ILLINOIS 415.44 420.74 351.35 281.99 +24.6%
EXCH RATE Dec 20/2007: US$ in CANADA$ .9999 CANADA$ IN US$ 1.0001
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 16/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #20 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 50.9 4,834.2 5,671.6 -14.8% -27.2%
DURUM 47.0 1,195.3 1,963.7 -39.1% -33.4%
BARLEY 33.2 1,022.6 552.5 +85.1% +116.2%
OATS 36.3 838.8 880.0 -4.7% +12.2%
PEAS 5.6 958.8 782.8 +22.5% +1.6%
FLAXSEED 31.1 323.1 315.3 +2.5% -11.9%
CANOLA-EXPORTS 154.9 1,981.7 2,173.4 -8.8% -1.4%
CANOLA-CRUSH 82.0 1,479.2 1,318.4 +12.2% +0.6%
U.S. EXPORTS ('000 TONNES) as of Dec 13/2007
WHEAT 529.2 20,503.1 12,293.3 +66.8% +29.3%
BARLEY N/A 509.8 212.7 +139.7% -20.0%
CORN 1183.4 18,503.4 16,657.9 +11.1% +15.3%
SOYBEANS 967.8 10,399.5 11,940.2 -12.9% -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
