Weekly Crop Market Review - March 21, 2008
The next weekly will be published on Friday, March 28, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 21/2008
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 235.90 223.30 224.30 -11.70
-SASK JUL08 248.00 234.70 239.00 -5.50
-SASK OCT08 241.00 235.50 238.00 -7.70
CANOLA -SASK MAY08 630.20 552.80 576.90 -62.30
-SASK JUL08 641.70 566.20 590.10 -61.80
-SASK NOV08 636.00 564.00 586.50 -60.80
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 21/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY08 11.90 9.77 9.87 1/2 -2.04
-CBT JUL08 11.65 9.63 9.86 1/2 -1.75 1/2
WHEAT -MINN MAY08 14.55 12.75 12.77 -1.72 3/4
-MINN MAR09 11.70 10.30 10.30 -1.80
WHEAT -KANS MAY08 12.55 10.20 10.32 -2.28
-KANS JUL08 12.25 10.00 10.17 -2.04 1/2
CORN -CBT MAY08 5.50 5.07 1/4 5.07 1/2 -0.51 3/4
-CBT JUL08 5.62 1/2 5.19 1/4 5.19 1/4 -0.52
OATS -CBT MAY08 3.88 1/2 3.38 3.39 -0.53 1/2
-CBT JUL08 3.88 3/4 3.47 1/2 3.50 -0.52
SOYBEAN -CBT MAY08 13.35 12.07 12.07 -1.45 3/4
-CBT JUL08 13.40 12.22 12.22 -1.46 3/4
-CBT AUG08 13.29 12.16 12.16 -1.45
SOYOIL -CBT MAY08 59.22 54.40 54.40 -6.16
(¢/lb) -CBT JUL08 59.88 55.14 55.14 -6.18
SOYMEAL -CBT MAY08 340.00 302.00 310.30 -33.50
($/ton) -CBT JUL08 341.50 306.00 314.50 -35.30
FEEDMILL BIDS on Mar 17/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 210.00-290.00 210.00-270.00
-REDDEER 187.40-285.00 187.40-270.00
-EDMTN 205.80-285.00 205.80-260.00
OATS -EDMTN 149.10-220.00 149.10-210.00
PEAS - EDMTN 205.80-220.50 205.80-220.50
BARLEY-LETH 208.00-218.00 208.00-220.00
-MH/BRKS 204.00-208.00 200.00-205.00
-CALGARY 183.70-215.00 183.70-230.00
-REDDEER 192.90-215.00 192.90-230.00
-VERM 183.70-202.10 183.70-206.70
-EDMTN 183.70-215.00 183.70-230.00
-PEACE R 181.40-183.70 181.40-183.70
CANOLA CRUSHER on Mar 20/2008
-Meal (FOB) 225.58 270.10
-Seed (DEL) 556.90 643.77
ELEVATOR BIDS, RED DEER, on Mar 21/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 231.88 231.88
FEED OATS 158.86 N/A
FEED BARLEY 186.45 196.07
RYE 158.50 158.50
FLAXSEED N/A N/A
CANOLA 550.57 606.85
SPECIAL CROP CASH BIDS on Mar 20/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 432.66 11.78 5.97
FEED 180.41 4.91 3.95
LARGE YELLOW #2 OR BETTER 388.20 10.56 6.83
$/Lb $/Lb
LENTILS #1 LAIRD 744.61 0.34 0.15
#1 ESTON 573.20 0.26 0.13
MUSTARD #1 YELLOW 1236.46 0.56 0.22
#1 BROWN 938.83 0.43 0.18
#1 ORIENTAL 663.26 0.30 0.15
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 20/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 591.30 658.85 463.43 263.74 +75.7%
-CWB #1CWRS VANC* 682.07 730.68 485.01 267.07 +81.6%
-#1DNS GREAT FALLS 422.31 N/A 380.97 202.85 +87.8%
-#1DNS PORTLAND N/A N/A 407.13 245.52 +65.8%
CORN -#2 CHICAGO N/A 206.04 153.92 146.05 +5.4%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS N/A 206.42 214.71 147.63 +45.4%
-#2 STOCKTON 310.57 301.49 286.24 217.66 +31.5%
SOYBNS-#1 ILLINOIS N/A 490.44 395.70 281.99 +40.3%
EXCH RATE Mar 20/2008: US$ in CANADA$ 1.0153 CANADA$ IN US$ 0.9849
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 16/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #33 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) N/A N/A 8,478.7 N/A -26.2%
DURUM N/A N/A 2,747.9 N/A -30.1%
BARLEY N/A N/A 845.6 N/A +116.2%
OATS N/A N/A 1,186.8 N/A +12.2%
PEAS N/A N/A 1,050.9 N/A +6.6%
FLAXSEED N/A N/A 329.8 N/A -11.9%
CANOLA-EXPORTS N/A N/A 3,497.8 N/A -1.4%
CANOLA-CRUSH 80.4 2,502.9 2,150.7 +16.4% +6.2%
U.S. EXPORTS ('000 TONNES) as of Mar 13/2008
WHEAT 425.9 27,300.0 18,789.2 +45.3% +34.8%
BARLEY N/A 664.9 357.5 +86.0% -20.0%
CORN 1240.1 34,968.6 29,609.0 +18.1% +15.3%
SOYBEANS 652.4 21,336.3 22,312.9 -4.4% -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
