Weekly Crop Market Review - February 22, 2008
The next weekly will be published on Friday, February 29, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Feb 22/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR08 281.80 281.80 281.80 +6.80
-SASK MAY08 270.00 270.00 276.80 +6.80
-SASK JUL08 N/A N/A 276.80 +6.80
BARLEY -SASK MAR08 221.00 213.00 219.00 +6.10
-SASK MAY08 228.00 218.00 223.50 +5.10
-SASK JUL08 234.90 233.00 232.50 +5.70
CANOLA -SASK MAR08 681.10 653.30 680.60 +31.20
-SASK MAY08 693.50 663.50 692.60 +30.20
-SASK JUL08 705.00 678.40 704.10 +30.30
U.S. FUTURES (U.S. $/BUSHEL) as of Feb 22/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR08 10.59 10.08 10.49 1/2 +0.22
-CBT MAY08 10.69 1/2 10.21 1/2 10.64 1/2 +0.22 1/2
WHEAT -MINN MAR08 19.61 17.94 19.25 -0.10
-MINN MAY08 16.18 1/4 14.98 16.18 1/4 +0.57 3/4
WHEAT -KANS MAR08 11.12 10.63 11.07 1/4 +0.25 1/4
-KANS MAY08 11.15 10.65 11.15 +0.32 1/2
CORN -CBT MAR08 5.25 5.13 1/2 5.22 1/4 +0.07 1/2
-CBT MAY08 5.38 1/2 5.26 5.35 +0.08
OATS -CBT MAR08 3.84 3.63 1/2 3.84 +0.26
-CBT MAY08 3.95 3.73 3.95 +0.27
SOYBEAN -CBT MAR08 14.22 13.84 14.20 +0.46 1/4
-CBT MAY08 14.40 14.01 1/2 14.38 1/4 +0.47
-CBT JUL08 14.54 14.14 1/2 14.52 3/4 +0.50 1/4
SOYOIL -CBT MAR08 62.35 59.60 62.30 +3.73
(¢/lb) -CBT MAY08 63.05 60.28 63.02 +3.83
SOYMEAL -CBT MAR08 367.00 356.00 361.20 +2.40
($/ton) -CBT MAY08 373.80 362.50 368.20 +3.20
FEEDMILL BIDS on Feb 18/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 210.00-235.00 210.00-230.00
-REDDEER 187.40-255.00 187.40-196.60
-EDMTN 191.10-260.00 191.10-200.00
OATS -EDMTN 129.70-168.60 129.70-185.00
PEAS - EDMTN 202.10-235.00 202.10-220.50
BARLEY-LETH 202.00-215.00 200.00-210.00
-MH/BRKS 198.00-207.00 198.00-208.00
-CALGARY 183.70-220.00 183.70-210.00
-REDDEER 192.90-220.00 192.90-208.00
-VERM 183.70-206.70 183.70-186.00
-EDMTN 179.10-220.00 179.10-208.00
-PEACE R 165.30-183.70 156.20-183.70
CANOLA CRUSHER on Feb 21/2008
-Meal (FOB) 294.53 287.00
-Seed (DEL) 636.73 592.17
ELEVATOR BIDS, RED DEER, on Feb 22/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 237.03 222.26
FEED OATS 178.88 158.04
FEED BARLEY 191.98 192.89
RYE 158.50 158.50
FLAXSEED N/A N/A
CANOLA 644.33 616.16
SPECIAL CROP CASH BIDS on Feb 21/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 401.98 10.94 5.61
FEED 180.41 4.91 3.80
LARGE YELLOW #2 OR BETTER 390.41 10.63 6.00
$/Lb $/Lb
LENTILS #1 LAIRD 690.59 0.31 0.15
#1 ESTON 503.20 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 $/TONNE) as of Feb 21/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 773.40 723.90 435.52 263.74 +65.1%
-CWB #1CWRS VANC* N/A 789.81 449.94 267.07 +68.5%
-#1DNS GREAT FALLS 719.77 670.34 364.49 202.85 +79.7%
-#1DNS PORTLAND 736.50 710.77 407.13 245.52 +65.8%
CORN -#2 CHICAGO 199.86 189.40 148.97 146.05 +2.0%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 198.43 196.25 215.94 147.63 +46.3%
-#2 STOCKTON 309.35 305.95 283.98 217.66 +30.5%
SOYBNS-#1 ILLINOIS 506.48 487.14 384.50 281.99 +36.4%
EXCH RATE Feb 21/2008: US$ in CANADA$ 1.0113 CANADA$ IN US$ 0.9888
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 17/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #29 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 208.9 6,423.1 7,544.8 -14.9% -26.2%
DURUM 12.5 1,937.7 2,576.2 -24.8% -30.1%
BARLEY 38.5 1,631.7 779.5 +109.3% +116.2%
OATS 38.8 1,221.7 1,120.6 +9.0% +12.2%
PEAS 23.7 1,205.2 1,028.7 +17.2% +6.6%
FLAXSEED 5.5 347.6 327.3 +6.2% -11.9%
CANOLA-EXPORTS 86.7 3,088.1 3,051.8 +1.2% -1.4%
CANOLA-CRUSH 78.6 2,185.7 1,919.5 +13.9% +6.2%
U.S. EXPORTS ('000 TONNES) as of Feb 14/2008
WHEAT 556.6 25,239.1 16,677.4 +51.3% +32.0%
BARLEY 30.5 654.7 357.5 +83.1% -20.0%
CORN 1229.8 29,769.8 25,280.4 +17.8% +15.3%
SOYBEANS 896.9 18,077.7 19,269.7 -6.2% -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
