Weekly Crop Market Review - February 15, 2008
The next weekly will be published on Friday, February 22, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Feb 15/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR08 280.00 275.00 275.00 +5.00
-SASK MAY08 N/A N/A 270.00 +10.00
-SASK JUL08 N/A N/A 270.00 +10.00
BARLEY -SASK MAR08 215.90 208.60 212.90 -5.10
-SASK MAY08 225.50 215.10 218.40 -6.60
-SASK JUL08 228.10 222.10 226.80 -5.30
CANOLA -SASK MAR08 654.10 597.40 649.40 +37.30
-SASK MAY08 667.30 610.20 662.40 +38.30
-SASK JUL08 678.10 623.90 673.80 +39.60
U.S. FUTURES (U.S. $/BUSHEL) as of Feb 15/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR08 11.53 9.83 10.27 1/2 -0.65 1/2
-CBT MAY08 11.69 3/4 9.92 10.42 -0.67 3/4
WHEAT -MINN MAR08 19.80 16.13 19.35 +3.82
-MINN MAY08 15.99 14.00 15.60 1/2 +1.35 3/4
WHEAT -KANS MAR08 12.00 1/4 10.25 10.82 -0.58 1/4
-KANS MAY08 12.10 1/4 10.34 1/2 10.82 1/2 -0.67 3/4
CORN -CBT MAR08 5.17 4.92 1/2 5.14 3/4 +0.06 3/4
-CBT MAY08 5.28 5.04 1/2 5.27 +0.06
OATS -CBT MAR08 3.58 1/4 3.35 3.58 +0.08
-CBT MAY08 3.68 3.47 3.68 +0.08
SOYBEAN -CBT MAR08 13.86 1/2 13.07 13.73 3/4 +0.34 3/4
-CBT MAY08 14.04 1/2 13.25 13.91 1/4 +0.32 3/4
-CBT JUL08 14.12 1/2 13.34 14.02 1/2 +0.34 1/2
SOYOIL -CBT MAR08 58.76 54.65 58.57 +3.15
(¢/lb) -CBT MAY08 59.43 55.32 59.19 +3.17
SOYMEAL -CBT MAR08 364.50 347.70 358.80 -2.70
($/ton) -CBT MAY08 370.50 353.50 365.00 -1.60
FEEDMILL BIDS on Feb 11/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 210.00-230.00 210.00-230.00
-REDDEER 187.40-196.60 210.00-230.00
-EDMTN 191.10-200.00 191.10-230.00
OATS -EDMTN 129.70-185.00 129.70-171.80
PEAS - EDMTN 202.10-220.50 202.10-220.50
BARLEY-LETH 200.00-210.00 200.00-215.00
-MH/BRKS 198.00-208.00 197.50-209.00
-CALGARY 183.70-210.00 179.10-215.00
-REDDEER 192.90-208.00 N/A
-VERM 183.70-186.00 183.70-186.00
-EDMTN 179.10-208.00 179.10-205.00
-PEACE R 156.20-183.70 169.60-174.50
CANOLA CRUSHER on Feb 14/2008
-Meal (FOB) 287.00 287.03
-Seed (DEL) 592.17 578.33
ELEVATOR BIDS, RED DEER, on Feb 15/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 222.26 241.24
FEED OATS 158.04 172.18
FEED BARLEY 192.89 194.11
RYE 158.50 158.50
FLAXSEED N/A N/A
CANOLA 616.16 584.76
SPECIAL CROP CASH BIDS on Feb 14/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 401.98 10.94 5.59
FEED 180.41 4.91 3.80
LARGE YELLOW #2 OR BETTER 375.71 10.23 5.85
$/Lb $/Lb
LENTILS #1 LAIRD 679.57 0.31 0.15
#1 ESTON 498.79 0.23 0.14
MUSTARD #1 YELLOW 1126.22 0.51 0.21
#1 BROWN 905.76 0.41 0.17
#1 ORIENTAL 586.10 0.27 0.13
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 14/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 723.90 656.05 423.46 263.74 +60.6%
-CWB #1CWRS VANC* 789.81 771.18 449.94 267.07 +68.5%
-#1DNS GREAT FALLS 670.34 579.77 351.34 202.85 +73.2%
-#1DNS PORTLAND 710.77 661.48 394.93 245.52 +60.9%
CORN -#2 CHICAGO 189.40 186.83 147.21 146.05 +0.8%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 196.25 212.26 216.54 147.63 +46.7%
-#2 STOCKTON 305.95 309.20 283.10 217.66 +30.1%
SOYBNS-#1 ILLINOIS 487.14 481.53 380.30 281.99 +34.9%
EXCH RATE Feb 14/2008: US$ in CANADA$ 1.0002 CANADA$ IN US$ 0.9998
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 10/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #28 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 60.6 6,214.2 7,362.4 -15.6% -26.2%
DURUM 58.6 1,925.2 2,515.4 -23.5% -30.1%
BARLEY 80.8 1,593.2 701.8 +127.0% +116.2%
OATS 34.1 1,182.9 1,103.0 +7.2% +12.2%
PEAS 18.9 1,181.5 946.4 +24.8% +6.6%
FLAXSEED 3.3 342.1 322.7 +6.0% -11.9%
CANOLA-EXPORTS 151.3 3,001.4 2,964.2 +1.3% -1.4%
CANOLA-CRUSH 75.4 2,107.1 1,855.9 +13.5% +6.2%
U.S. EXPORTS ('000 TONNES) as of Feb 07/2008
WHEAT 483.0 24,663.0 16,160.4 +52.6% +32.0%
BARLEY 29.3 624.0 319.4 +95.3% -20.0%
CORN 1032.9 28,466.4 24,086.3 +18.2% +15.3%
SOYBEANS 1028.9 17,128.3 18,426.5 -7.0% -10.1%
NOPA SOYBEAN Month Ending: Dec 31/2007
SOYBEAN CRUSH 4243.1 16,260.0 16,047.9 +1.3% +1.6%
* From Canadian Grain Commission Calendar
