Weekly Crop Market Review - March 14, 2008
The next weekly will be published on Thursday, March 20, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 14/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAY08 N/A N/A N/A +0.00
-SASK JUL08 N/A N/A N/A +0.00
-SASK OCT08 N/A N/A N/A +0.00
BARLEY -SASK MAY08 240.50 225.00 236.00 +2.70
-SASK JUL08 251.00 232.50 244.50 +2.20
-SASK OCT08 250.00 235.00 245.70 +5.70
CANOLA -SASK MAY08 681.30 609.00 639.20 +0.20
-SASK JUL08 695.30 616.90 651.90 +5.00
-SASK NOV08 682.00 611.00 647.30 +6.30
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 14/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY08 13.18 10.81 11.91 1/2 +0.86 1/2
-CBT JUL08 12.70 10.44 11.62 +0.93 1/2
WHEAT -MINN MAY08 15.65 12.35 14.49 3/4 +1.30
-MINN JUL08 13.85 11.42 13.10 +1.35 1/2
WHEAT -KANS MAY08 13.60 11.41 12.60 +0.91
-KANS JUL08 13.00 11.01 12.21 1/2 +0.91 1/2
CORN -CBT MAY08 5.79 1/2 5.27 1/4 5.59 1/4 +0.12
-CBT JUL08 5.91 5.39 5.71 1/4 +0.12 1/4
OATS -CBT MAY08 4.10 3.79 1/4 3.92 1/2 -0.06 3/4
-CBT JUL08 4.20 3.89 4.02 -0.07
SOYBEAN -CBT MAY08 14.40 13.52 3/4 13.52 3/4 -0.56
-CBT JUL08 14.51 13.68 3/4 13.68 3/4 -0.52 1/4
-CBT AUG08 14.35 13.56 13.61 -0.49
SOYOIL -CBT MAY08 64.11 60.56 60.56 -2.77
(¢/lb) -CBT JUL08 64.75 61.32 61.32 -2.73
SOYMEAL -CBT MAY08 367.00 333.50 343.80 -6.50
($/ton) -CBT JUL08 370.00 338.00 349.80 -4.00
FEEDMILL BIDS on Mar 10/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 210.00-270.00 210.00-240.00
-REDDEER 187.40-270.00 187.40-235.00
-EDMTN 205.80-260.00 194.70-235.00
OATS -EDMTN 149.10-210.00 149.10-195.00
PEAS - EDMTN 205.80-220.50 200.00-220.50
BARLEY-LETH 208.00-220.00 205.00-220.30
-MH/BRKS 200.00-205.00 198.00-205.00
-CALGARY 183.70-230.00 183.70-218.00
-REDDEER 192.90-230.00 192.90-218.00
-VERM 183.70-206.70 183.70-206.70
-EDMTN 183.70-230.00 183.70-218.00
-PEACE R 181.40-183.70 179.10-183.70
CANOLA CRUSHER on Mar 13/2008
-Meal (FOB) 270.10 302.67
-Seed (DEL) 643.77 669.93
ELEVATOR BIDS, RED DEER, on Mar 14/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 231.88 231.88
FEED OATS N/A 196.61
FEED BARLEY 196.07 189.55
RYE 158.50 161.00
FLAXSEED N/A N/A
CANOLA 606.85 629.11
SPECIAL CROP CASH BIDS on Mar 13/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 434.50 11.83 5.88
FEED 180.41 4.91 3.80
LARGE YELLOW #2 OR BETTER 416.49 11.34 6.71
$/Lb $/Lb
LENTILS #1 LAIRD 767.76 0.35 0.15
#1 ESTON 613.21 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 $/TONNE) as of Mar 13/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 658.85 642.40 459.44 263.74 +74.2%
-CWB #1CWRS VANC* 730.68 708.61 475.63 267.07 +78.1%
-#1DNS GREAT FALLS N/A 502.29 379.59 202.85 +87.1%
-#1DNS PORTLAND N/A N/A 407.13 245.52 +65.8%
CORN -#2 CHICAGO 206.04 205.07 153.92 146.05 +5.4%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 206.42 205.63 214.71 147.63 +45.4%
-#2 STOCKTON 301.49 301.92 285.50 217.66 +31.2%
SOYBNS-#1 ILLINOIS 490.44 509.99 395.70 281.99 +40.3%
EXCH RATE Mar 13/2008: US$ in CANADA$ .9856 CANADA$ IN US$ 1.0146
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 09/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #32 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 287.9 7,110.2 8,258.9 -13.9% -26.2%
DURUM 1.1 1,976.9 2,722.5 -27.4% -30.1%
BARLEY 14.8 1,851.7 835.3 +121.7% +116.2%
OATS 12.9 1,258.0 1,173.1 +7.2% +12.2%
PEAS 47.3 1,304.6 1,050.9 +24.1% +6.6%
FLAXSEED .3 354.5 328.9 +7.8% -11.9%
CANOLA-EXPORTS 123.2 3,482.5 3,323.0 +4.8% -1.4%
CANOLA-CRUSH 77.4 2,422.6 2,088.9 +16.0% +6.2%
U.S. EXPORTS ('000 TONNES) as of Mar 06/2008
WHEAT 493.2 26,817.2 18,407.1 +45.7% +34.8%
BARLEY .2 664.9 357.7 +85.9% -20.0%
CORN 1137.7 33,651.4 28,607.7 +17.6% +15.3%
SOYBEANS 812.6 20,604.0 21,758.2 -5.3% -8.3%
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
