Weekly Crop Market Review - January 18, 2008
The next weekly will be published on Friday, January 25, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jan 18/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR08 N/A N/A N/A N/A
-SASK MAY08 N/A N/A 215.00 +8.50
-SASK JUL08 N/A N/A 215.00 +8.50
BARLEY -LETH MAR08 217.00 203.70 210.20 -1.60
-LETH MAY08 224.00 214.10 219.70 -1.30
-LETH JUL08 228.50 225.00 225.00 -2.00
CANOLA -SASK MAR08 595.00 548.40 581.00 +7.80
-SASK MAY08 605.00 572.70 594.50 +9.40
-SASK JUL08 615.00 569.70 605.30 +11.40
U.S. FUTURES (U.S. $/BUSHEL) as of Jan 18/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR08 9.66 9.02 9.62 1/2 +0.53 1/4
-CBT MAY08 9.79 9.15 9.77 1/2 +0.55
WHEAT -MINN MAR08 11.94 3/4 10.77 3/4 11.94 3/4 +1.32
-MINN MAY08 11.46 10.43 11.44 +1.19
WHEAT -KANS MAR08 10.11 1/2 9.28 10.11 1/4 +0.87 1/4
-KANS MAY08 10.18 9.39 10.16 +0.82
CORN -CBT MAR08 5.13 3/4 4.94 3/4 4.98 1/4 +0.03 1/4
-CBT MAY08 5.30 1/2 5.07 1/4 5.10 1/2 +0.04 1/4
OATS -CBT MAR08 3.43 3.09 1/2 3.19 1/2 -0.16 1/2
-CBT MAY08 3.49 3.19 1/2 3.28 -0.16
SOYBEAN -CBT MAR08 13.12 12.45 12.64 -0.34 3/4
-CBT MAY08 13.31 12.64 1/2 12.83 1/4 -0.33 3/4
-CBT JUL08 13.75 12.78 1/2 12.97 1/2 -0.33 1/4
SOYOIL -CBT MAR08 53.97 51.86 53.14 +0.48
(¢/lb) -CBT MAY08 54.72 52.47 53.79 +0.63
SOYMEAL -CBT MAR08 356.80 332.60 339.30 -19.30
($/ton) -CBT MAY08 374.00 339.50 346.00 -17.80
FEEDMILL BIDS on Jan 14/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH N/A 210.00-217.00
-REDDEER 143.30-215.00 143.30-145.10
-EDMTN 191.10-220.00 183.70-194.70
OATS -EDMTN 129.70-171.80 129.70-155.60
PEAS - EDMTN 202.10-235.00 202.10-220.50
BARLEY-LETH N/A 202.00-212.00
-MH/BRKS N/A 190.00-200.00
-CALGARY 179.10-200.00 179.10-200.00
-REDDEER 156.20-200.00 156.20-200.00
-VERM 190.60-195.20 179.10-190.60
-EDMTN 176.40-200.00 167.60-179.10
-PEACE R 165.30-172.20 151.60-158.50
CANOLA CRUSHER on Jan 17/2008
-Meal (FOB) 278.00 275.47
-Seed (DEL) 538.10 509.27
ELEVATOR BIDS, RED DEER, on Jan 18/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 212.79 184.87
FEED OATS N/A 146.35
FEED BARLEY 175.12 191.20
RYE N/A 158.50
FLAXSEED N/A N/A
CANOLA 550.74 531.78
SPECIAL CROP CASH BIDS on Jan 17/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 402.52 10.95 5.07
FEED 180.41 4.91 3.80
LARGE YELLOW #2 OR BETTER 337.67 9.19 5.22
$/Lb $/Lb
LENTILS #1 LAIRD 580.92 0.26 0.15
#1 ESTON 453.05 0.21 0.14
MUSTARD #1 YELLOW 1104.18 0.50 0.21
#1 BROWN 801.04 0.36 0.17
#1 ORIENTAL 536.49 0.24 0.15
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 17/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 524.25 475.50 388.77 263.74 +47.4%
-CWB #1CWRS VANC* 534.64 480.94 400.78 267.07 +50.1%
-#1DNS GREAT FALLS N/A 389.04 310.11 202.85 +52.9%
-#1DNS PORTLAND N/A 427.72 355.50 245.52 +44.8%
CORN -#2 CHICAGO 195.41 175.49 140.98 146.05 -3.5%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 250.30 243.19 215.37 147.63 +45.9%
-#2 STOCKTON 315.01 308.16 279.20 217.66 +28.3%
SOYBNS-#1 ILLINOIS 461.06 452.61 366.58 281.99 +30.0%
EXCH RATE Jan 17/2008: US$ in CANADA$ 1.0298 CANADA$ IN US$ 0.9711
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 13/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #24 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 257.4 5,677.0 6,486.5 -12.5% -27.2%
DURUM 28.0 1,658.4 2,302.1 -28.0% -33.4%
BARLEY 61.8 1,265.0 648.7 +95.0% +116.2%
OATS 41.9 1,088.7 972.4 +12.0% +12.2%
PEAS 41.2 1,060.1 898.7 +18.0% +1.6%
FLAXSEED 4.1 332.5 315.3 +5.5% -11.9%
CANOLA-EXPORTS 98.6 2,414.8 2,558.1 -5.6% -1.4%
CANOLA-CRUSH 77.0 1,790.3 1,589.4 +12.6% +0.6%
U.S. EXPORTS ('000 TONNES) as of Jan 10/2008
WHEAT 581.6 22,462.3 14,098.4 +59.3% +29.3%
BARLEY 36.3 575.5 250.5 +129.7% -20.0%
CORN 1283.0 23,030.4 20,311.8 +13.4% +15.3%
SOYBEANS 595.6 13,324.5 14,816.4 -10.1% -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
