Weekly Crop Market Review - February 1, 2008
The next weekly will be published on Friday, February 8, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Feb 01/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR08 N/A N/A 231.00 +7.00
-SASK MAY08 N/A N/A 235.00 +7.00
-SASK JUL08 N/A N/A 235.00 +7.00
BARLEY -LETH MAR08 209.00 201.10 207.20 -0.60
-LETH MAY08 220.40 212.00 219.00 +2.50
-LETH JUL08 226.00 221.00 226.00 +2.00
CANOLA -SASK MAR08 591.50 552.00 586.70 +19.40
-SASK MAY08 604.10 565.40 599.80 +19.00
-SASK JUL08 614.30 579.50 608.60 +18.90
U.S. FUTURES (U.S. $/BUSHEL) as of Feb 01/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR08 9.92 1/2 9.09 9.43 +0.10
-CBT MAY08 10.05 9.23 9.60 1/2 +0.13
WHEAT -MINN MAR08 14.03 12.97 14.03 +1.36
-MINN MAY08 12.74 3/4 11.90 1/4 12.74 3/4 +0.74 3/4
WHEAT -KANS MAR08 10.30 9.51 1/4 9.90 1/4 +0.20 1/4
-KANS MAY08 10.41 9.64 1/2 10.00 1/4 +0.17 1/4
CORN -CBT MAR08 5.09 1/2 4.90 1/4 5.00 1/2 +0.02 1/4
-CBT MAY08 5.21 1/4 5.02 1/4 5.13 1/4 +0.02 1/2
OATS -CBT MAR08 3.38 3.20 1/2 3.23 +0.02 3/4
-CBT MAY08 3.46 3.29 1/2 3.33 +0.04
SOYBEAN -CBT MAR08 12.98 12.47 12.87 1/4 +0.44 1/4
-CBT MAY08 13.16 12.46 1/2 13.06 1/4 +0.44 3/4
-CBT JUL08 13.30 12.61 13.20 +0.44 3/4
SOYOIL -CBT MAR08 54.72 51.50 54.12 +2.11
(¢/lb) -CBT MAY08 55.26 52.10 54.77 +2.05
SOYMEAL -CBT MAR08 346.50 331.50 343.20 +8.20
($/ton) -CBT MAY08 352.00 337.50 349.20 +7.60
FEEDMILL BIDS on Jan 28/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 210.00-230.00 210.00-230.00
-REDDEER N/A N/A
-EDMTN 191.10-220.00 191.10-220.00
OATS -EDMTN 129.70-171.80 129.70-171.80
PEAS - EDMTN 202.10-220.50 202.10-220.50
BARLEY-LETH 200.00-215.00 200.00-215.00
-MH/BRKS 197.00-210.00 195.00-204.00
-CALGARY 200.00-215.00 179.10-209.90
-REDDEER 200.00-213.00 200.00-213.00
-VERM 181.40-183.70 190.60-195.20
-EDMTN 179.10-213.00 176.40-213.00
-PEACE R 169.90-174.50 165.30-172.20
CANOLA CRUSHER on Jan 31/2008
-Meal (FOB) 278.37 266.33
-Seed (DEL) 549.50 521.20
ELEVATOR BIDS, RED DEER, on Feb 01/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 200.15 212.24
FEED OATS 164.63 165.28
FEED BARLEY 181.80 179.61
RYE 158.50 158.50
FLAXSEED N/A N/A
CANOLA 566.31 535.40
SPECIAL CROP CASH BIDS on Jan 31/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 358.25 9.75 5.34
FEED 180.41 4.91 3.80
LARGE YELLOW #2 OR BETTER 356.23 9.70 5.55
$/Lb $/Lb
LENTILS #1 LAIRD 607.92 0.28 0.15
#1 ESTON 452.50 0.21 0.14
MUSTARD #1 YELLOW 1126.22 0.51 0.21
#1 BROWN 828.60 0.38 0.18
#1 ORIENTAL 536.49 0.24 0.15
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 31/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 590.30 555.95 402.95 263.74 +52.8%
-CWB #1CWRS VANC* N/A 575.44 411.05 267.07 +53.9%
-#1DNS GREAT FALLS 501.99 464.32 329.44 202.85 +62.4%
-#1DNS PORTLAND 546.43 506.28 371.64 245.52 +51.4%
CORN -#2 CHICAGO 187.61 183.88 144.18 146.05 -1.3%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 242.32 244.54 217.45 147.63 +47.3%
-#2 STOCKTON 307.05 307.76 281.29 217.66 +29.2%
SOYBNS-#1 ILLINOIS 456.43 439.18 372.59 281.99 +32.1%
EXCH RATE Jan 31/2008: US$ in CANADA$ 1.0038 CANADA$ IN US$ 0.9962
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jan 27/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #26 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) N/A N/A 6,868.5 N/A -27.2%
DURUM N/A N/A 2,419.0 N/A -33.4%
BARLEY N/A N/A 674.3 N/A +116.2%
OATS N/A N/A 1,031.6 N/A +12.2%
PEAS N/A N/A 905.9 N/A +1.6%
FLAXSEED N/A N/A 322.5 N/A -11.9%
CANOLA-EXPORTS N/A N/A 2,817.0 N/A -1.4%
CANOLA-CRUSH 81.9 1,953.7 1,716.0 +13.9% +0.6%
U.S. EXPORTS ('000 TONNES) as of Jan 24/2008
WHEAT 663.3 23,660.5 15,156.5 +56.1% +29.3%
BARLEY .5 590.4 272.8 +116.4% -20.0%
CORN 1551.9 26,031.9 22,318.1 +16.6% +15.3%
SOYBEANS 753.0 15,187.1 16,603.7 -8.5% -11.0%
NOPA SOYBEAN Month Ending: Dec 31/2007
SOYBEAN CRUSH 4243.1 16,260.0 16,047.9 +1.3% +1.3%
* From Canadian Grain Commission Calendar
