Weekly Crop Market Review - March 7, 2008
The next weekly will be published on Friday, March 14, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 07/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAY08 N/A N/A 295.00 +0.00
-SASK JUL08 N/A N/A 295.00 +0.00
-SASK OCT08 N/A N/A 288.00 +0.00
BARLEY -SASK MAY08 241.50 230.00 233.30 -0.80
-SASK JUL08 250.50 238.70 242.30 -1.70
-SASK OCT08 248.50 237.00 240.00 -4.50
CANOLA -SASK MAY08 769.90 639.00 639.00 -101.00
-SASK JUL08 779.90 646.90 646.90 -103.10
-SASK NOV08 769.30 641.00 641.00 -97.80
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 07/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY08 11.46 10.56 11.05 +0.19
-CBT JUL08 10.87 9.80 10.68 1/2 +0.68 1/2
WHEAT -MINN MAY08 16.79 3/4 13.19 3/4 13.19 3/4 -3.00
-MINN JUL08 13.91 11.74 1/2 11.74 1/2 -1.75 1/2
WHEAT -KANS MAY08 12.20 11.23 11.69 +0.09
-KANS JUL08 11.55 10.67 11.30 +0.40
CORN -CBT MAY08 5.74 1/4 5.46 1/2 5.47 1/4 -0.09 1/4
-CBT JUL08 5.86 5.58 1/4 5.59 -0.09 1/2
OATS -CBT MAY08 4.46 3.99 1/4 3.99 1/4 -0.35 1/2
-CBT JUL08 4.56 4.09 4.09 -0.36
SOYBEAN -CBT MAY08 15.86 1/2 14.08 3/4 14.08 3/4 -1.27 3/4
-CBT JUL08 15.96 14.21 14.21 -1.25
-CBT AUG08 15.63 14.10 14.10 -1.05
SOYOIL -CBT MAY08 70.82 63.33 63.33 -5.49
(¢/lb) -CBT JUL08 71.45 64.05 64.05 -5.27
SOYMEAL -CBT MAY08 392.00 350.30 350.30 -31.90
($/ton) -CBT JUL08 394.00 353.80 353.80 -30.90
FEEDMILL BIDS on Mar 03/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 210.00-240.00 210.00-240.00
-REDDEER 187.40-235.00 187.40-235.00
-EDMTN 194.70-235.00 191.10-235.00
OATS -EDMTN 149.10-195.00 129.70-168.60
PEAS - EDMTN 200.00-220.50 200.00-220.50
BARLEY-LETH 205.00-220.30 205.00-210.00
-MH/BRKS 198.00-205.00 198.00-206.00
-CALGARY 183.70-218.00 183.70-200.00
-REDDEER 192.90-218.00 192.90-210.00
-VERM 183.70-206.70 183.70-206.70
-EDMTN 183.70-218.00 181.40-200.00
-PEACE R 179.10-183.70 179.10-183.70
CANOLA CRUSHER on Mar 06/2008
-Meal (FOB) 302.67 297.77
-Seed (DEL) 669.93 661.20
ELEVATOR BIDS, RED DEER, on Mar 07/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 231.88 236.23
FEED OATS 196.61 196.61
FEED BARLEY 189.55 195.21
RYE 161.00 158.50
FLAXSEED N/A N/A
CANOLA 629.11 672.15
SPECIAL CROP CASH BIDS on Mar 06/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 425.31 11.58 5.84
FEED 180.41 4.91 3.80
LARGE YELLOW #2 OR BETTER 416.49 11.34 6.49
$/Lb $/Lb
LENTILS #1 LAIRD 785.39 0.36 0.15
#1 ESTON 614.53 0.28 0.13
MUSTARD #1 YELLOW 1214.41 0.55 0.22
#1 BROWN 971.90 0.44 0.18
#1 ORIENTAL 663.26 0.30 0.15
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 06/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 642.40 770.55 453.00 263.74 +71.8%
-CWB #1CWRS VANC* 708.61 N/A 462.87 267.07 +73.3%
-#1DNS GREAT FALLS 502.29 679.58 379.59 202.85 +87.1%
-#1DNS PORTLAND N/A N/A 407.13 245.52 +65.8%
CORN -#2 CHICAGO 205.07 199.23 152.29 146.05 +4.3%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 205.63 195.37 214.97 147.63 +45.6%
-#2 STOCKTON 301.92 298.70 285.00 217.66 +30.9%
SOYBNS-#1 ILLINOIS 509.99 522.42 392.74 281.99 +39.3%
EXCH RATE Mar 06/2008: US$ in CANADA$ .9870 CANADA$ IN US$ 1.0132
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 02/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #31 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 155.0 6,822.3 8,030.9 -15.0% -26.2%
DURUM 34.4 1,975.8 2,711.7 -27.1% -30.1%
BARLEY 5.6 1,837.2 819.3 +124.2% +116.2%
OATS 7.3 1,245.1 1,152.2 +8.1% +12.2%
PEAS 24.2 1,257.3 1,050.9 +19.6% +6.6%
FLAXSEED 2.3 354.2 328.9 +7.7% -11.9%
CANOLA-EXPORTS 164.3 3,359.3 3,278.2 +2.5% -1.4%
CANOLA-CRUSH 79.7 2,345.2 2,035.4 +15.2% +6.2%
U.S. EXPORTS ('000 TONNES) as of Feb 28/2008
WHEAT 443.6 26,298.2 17,849.7 +47.3% +32.0%
BARLEY .3 664.0 357.5 +85.7% -20.0%
CORN 1196.3 32,325.8 27,658.5 +16.9% +15.3%
SOYBEANS 886.9 19,680.6 20,943.4 -6.0% -10.1%
NOPA SOYBEAN Month Ending: Jan 31/2008
SOYBEAN CRUSH 4148.7 20,408.7 20,099.1 +1.5% +1.6%
* From Canadian Grain Commission Calendar
