Weekly Crop Market Review - January 4, 2008
The next weekly will be published on Friday, January 11, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jan 04/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR08 N/A N/A 190.10 +0.00
-SASK MAY08 N/A N/A 194.10 +0.00
-SASK JUL08 N/A N/A 194.10 +0.00
BARLEY -LETH MAR08 210.00 201.00 209.00 +4.00
-LETH MAY08 218.10 216.60 218.10 +4.00
-LETH JUL08 222.00 222.00 222.00 +4.30
CANOLA -SASK MAR08 534.00 510.60 531.90 +10.60
-SASK MAY08 544.10 521.40 542.50 +11.60
-SASK JUL08 551.50 530.20 549.50 +13.20
U.S. FUTURES (U.S. $/BUSHEL) as of Jan 04/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR08 9.45 8.79 1/2 9.31 1/2 +0.46 1/2
-CBT MAY08 9.52 1/2 8.89 9.44 1/2 +0.51 1/2
WHEAT -MINN MAR08 10.95 3/4 10.27 10.83 1/4 +0.53 1/4
-MINN MAY08 10.58 9.90 10.45 3/4 +0.51 3/4
WHEAT -KANS MAR08 9.66 8.90 9.45 3/4 +0.31 3/4
-KANS MAY08 9.62 9.01 9.56 1/4 +0.50 3/4
CORN -CBT MAR08 4.69 1/2 4.49 1/4 4.66 3/4 +0.14 3/4
-CBT MAY08 4.80 1/4 4.60 1/2 4.78 +0.14 3/4
OATS -CBT MAR08 3.30 2.99 1/2 3.29 3/4 +0.26 3/4
-CBT MAY08 3.37 1/4 3.09 1/2 3.37 +0.26
SOYBEAN -CBT MAR08 12.68 1/2 11.97 12.62 1/2 +0.39 1/2
-CBT MAY08 12.85 1/2 12.13 12.79 1/2 +0.39
-CBT JUL08 12.92 12.20 12.89 3/4 +0.43 1/4
SOYOIL -CBT MAR08 51.30 49.18 51.18 +1.51
(¢/lb) -CBT MAY08 51.80 49.72 51.79 +1.47
SOYMEAL -CBT MAY08 355.00 334.50 353.30 +9.30
($/ton) -CBT JUL08 356.00 336.00 355.00 +9.00
FEEDMILL BIDS on Dec 31/2007 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 205.00-217.50 N/A
-REDDEER 191.10-200.00 N/A
-EDMTN 183.70-200.00 N/A
OATS -EDMTN 129.70-162.00 N/A
PEAS - EDMTN 202.10-235.00 N/A
BARLEY-LETH 192.00-215.00 N/A
-MH/BRKS 184.00-205.00 N/A
-CALGARY 178.20-197.00 N/A
-REDDEER 179.10-190.00 N/A
-VERM 174.50-195.20 N/A
-EDMTN 166.30-190.00 N/A
-PEACE R 151.60-158.50 N/A
CANOLA CRUSHER on Jan 03/2008
-Meal (FOB) 259.70 259.13
-Seed (DEL) 494.03 472.03
ELEVATOR BIDS, RED DEER, on Jan 04/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 172.31 172.31
FEED OATS 142.65 142.65
FEED BARLEY 182.70 178.60
RYE 158.50 158.50
FLAXSEED N/A N/A
CANOLA 490.48 480.78
SPECIAL CROP CASH BIDS on Jan 03/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 347.60 9.46 4.92
FEED 180.41 4.91 3.80
LARGE YELLOW #2 OR BETTER 328.30 8.93 4.94
$/Lb $/Lb
LENTILS #1 LAIRD 554.46 0.25 0.15
#1 ESTON 459.66 0.21 0.14
MUSTARD #1 YELLOW 1098.67 0.50 0.20
#1 BROWN 773.49 0.35 0.17
#1 ORIENTAL 536.49 0.24 0.15
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 03/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 481.20 N/A 378.67 263.74 +43.6%
-CWB #1CWRS VANC* N/A N/A 385.49 267.07 +44.3%
-#1DNS GREAT FALLS 405.60 381.63 306.35 202.85 +51.0%
-#1DNS PORTLAND 443.65 436.51 352.06 245.52 +43.4%
CORN -#2 CHICAGO 169.11 164.31 137.11 146.05 -6.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 232.11 226.38 212.64 147.63 +44.0%
-#2 STOCKTON 300.38 297.86 276.38 217.66 +27.0%
SOYBNS-#1 ILLINOIS 445.65 426.75 358.73 281.99 +27.2%
EXCH RATE Jan 03/2008: US$ in CANADA$ .9909 CANADA$ IN US$ 1.0092
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 30/2007
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #22 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) N/A N/A 6,212.7 -100.0% -27.2%
DURUM N/A N/A 2,182.2 -100.0% -33.4%
BARLEY N/A N/A 601.1 -100.0% +116.2%
OATS N/A N/A 913.2 -100.0% +12.2%
PEAS N/A N/A 847.1 -100.0% +1.6%
FLAXSEED N/A N/A 308.6 -100.0% -11.9%
CANOLA-EXPORTS N/A N/A 2,280.2 -100.0% -1.4%
CANOLA-CRUSH 79.1 1,636.8 1,461.4 +12.0% +0.6%
U.S. EXPORTS ('000 TONNES) as of Dec 27/2007
WHEAT 296.3 21,325.7 13,204.7 +61.5% +29.3%
BARLEY N/A 510.5 226.8 +125.1% -20.0%
CORN 984.1 20,833.5 18,630.2 +11.8% +15.3%
SOYBEANS 676.7 11,918.3 13,429.9 -11.3% -11.0%
NOPA SOYBEAN Month Ending: Nov 30/2007
SOYBEAN CRUSH 3993.8 12,017.0 11,988.4 +0.2% +1.3%
* From Canadian Grain Commission Calendar
