Weekly Crop Market Review - March 28, 2008
The next weekly will be published on Friday, April 4, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 28/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAY08 300.00 300.00 300.00 +5.00
-SASK JUL08 N/A N/A 300.00 +5.00
-SASK OCT08 N/A N/A 293.00 +5.00
BARLEY -SASK MAY08 235.60 223.30 231.10 +6.80
-SASK JUL08 248.00 237.40 244.50 +5.50
-SASK OCT08 248.90 239.10 246.00 +8.00
CANOLA -SASK MAY08 669.00 577.00 600.30 +23.40
-SASK JUL08 682.00 591.90 613.70 +23.60
-SASK NOV08 673.00 586.00 612.50 +26.00
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 28/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY08 11.18 3/4 9.68 9.89 +0.01 1/2
-CBT JUL08 11.15 9.72 9.96 +0.09 1/2
WHEAT -MINN MAY08 13.85 12.40 12.54 -0.23
-MINN JUL08 12.00 10.82 10.95 N/A
WHEAT -KANS MAY08 11.70 10.10 10.22 1/4 -0.09 3/4
-KANS JUL08 11.50 10.08 10.26 1/4 +0.09 1/4
CORN -CBT MAY08 5.62 5.14 3/4 5.60 1/2 +0.53
-CBT JUL08 5.74 1/2 5.26 1/2 5.73 3/4 +0.54 1/2
OATS -CBT MAY08 3.60 1/2 3.34 3.60 1/4 +0.21 1/4
-CBT JUL08 3.71 3.45 3.70 3/4 +0.20 3/4
SOYBEAN -CBT MAY08 13.57 12.15 12.67 1/4 +0.60 1/4
-CBT JUL08 13.72 12.41 12.85 +0.63
-CBT AUG08 13.66 12.35 12.67 +0.51
SOYOIL -CBT MAY08 59.77 54.80 54.98 +0.58
(¢/lb) -CBT JUL08 60.60 55.40 55.70 +0.56
SOYMEAL -CBT MAY08 365.50 313.00 342.30 +32.00
($/ton) -CBT JUL08 368.00 319.00 344.80 +30.30
FEEDMILL BIDS on Mar 24/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 250.00-305.00 210.00-290.00
-REDDEER 227.80-295.00 187.40-285.00
-EDMTN 249.90-290.00 205.80-285.00
OATS -EDMTN 155.60-168.60 149.10-220.00
PEAS - EDMTN 205.80-220.50 205.80-220.50
BARLEY-LETH 215.00-220.00 208.00-218.00
-MH/BRKS 203.00-207.00 204.00-208.00
-CALGARY 183.70-215.00 183.70-215.00
-REDDEER 197.50-227.00 192.90-215.00
-VERM 188.30-206.70 183.70-202.10
-EDMTN 183.70-230.00 183.70-215.00
-PEACE R 183.70-195.20 181.40-183.70
CANOLA CRUSHER on Mar 27/2008
-Meal (FOB) 279.90 225.58
-Seed (DEL) 620.93 556.90
ELEVATOR BIDS, RED DEER, on Mar 28/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 248.27 231.88
FEED OATS 167.03 158.86
FEED BARLEY 186.88 186.45
RYE 161.00 158.50
FLAXSEED N/A N/A
CANOLA 527.88 550.57
SPECIAL CROP CASH BIDS on Mar 27/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 423.66 11.53 6.46
FEED 180.41 4.91 3.95
LARGE YELLOW #2 OR BETTER 386.18 10.51 6.95
$/Lb $/Lb
LENTILS #1 LAIRD 741.85 0.34 0.16
#1 ESTON 574.30 0.26 0.14
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 $/TONNE) as of Mar 27/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 596.70 591.30 467.35 263.74 +77.2%
-CWB #1CWRS VANC* N/A 682.07 485.01 267.07 +81.6%
-#1DNS GREAT FALLS N/A 425.68 381.08 202.85 +87.9%
-#1DNS PORTLAND N/A N/A 407.13 245.52 +65.8%
CORN -#2 CHICAGO 208.08 189.36 156.48 146.05 +7.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 214.42 213.21 214.66 147.63 +45.4%
-#2 STOCKTON 311.52 313.05 287.03 217.66 +31.9%
SOYBNS-#1 ILLINOIS 481.69 436.58 399.32 281.99 +41.6%
EXCH RATE Mar 27/2008: US$ in CANADA$ 1.0184 CANADA$ IN US$ 0.9819
* #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) 213.7 7,323.9 8,478.7 -13.6% -26.2%
DURUM 37.9 2,014.8 2,747.9 -26.7% -30.1%
BARLEY 37.5 1,889.2 845.6 +123.4% +116.2%
OATS 16.7 1,266.6 1,186.8 +6.7% +12.2%
PEAS 5.4 1,310.0 1,050.9 +24.7% +6.6%
FLAXSEED 9.8 364.3 329.8 +10.5% -11.9%
CANOLA-EXPORTS 149.7 3,632.2 3,497.8 +3.8% -1.4%
CANOLA-CRUSH 80.4 2,502.9 2,150.7 +16.4% +6.2%
U.S. EXPORTS ('000 TONNES) as of Mar 20/2008
WHEAT 492.8 27,865.7 19,187.0 +45.2% +34.8%
BARLEY 29.8 695.9 395.1 +76.2% -20.0%
CORN 1073.2 36,122.0 30,746.3 +17.5% +15.3%
SOYBEANS 712.9 22,093.8 22,853.8 -3.3% -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
