Weekly Crop Market Review - April 4, 2008
The next weekly will be published on Friday, April 11, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Apr 04/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAY08 N/A N/A 300.00 +0.00
-SASK JUL08 N/A N/A 300.00 +0.00
-SASK OCT08 N/A N/A 293.00 +0.00
BARLEY -SASK MAY08 237.00 225.00 233.00 +1.90
-SASK JUL08 249.00 236.00 241.40 -3.10
-SASK OCT08 251.00 242.00 251.00 +5.00
CANOLA -SASK MAY08 616.30 534.60 614.60 +14.30
-SASK JUL08 629.20 546.60 626.80 +13.10
-SASK NOV08 630.10 548.00 627.90 +15.40
U.S. FUTURES (U.S. $/BUSHEL) as of Apr 04/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY08 9.82 8.90 9.74 1/4 -0.14 3/4
-CBT JUL08 9.95 9.05 9.91 1/2 -0.04 1/2
WHEAT -MINN MAY08 13.35 11.50 13.35 +0.81
-MINN JUL08 11.65 10.00 11.58 1/4 +0.63 1/4
WHEAT -KANS MAY08 10.35 9.49 10.28 1/2 +0.06 1/4
-KANS JUL08 10.50 9.55 10.36 1/4 +0.10
CORN -CBT MAY08 6.02 1/2 5.57 1/2 5.98 +0.37 1/2
-CBT JUL08 6.15 5.70 1/2 6.11 1/4 +0.37 1/2
OATS -CBT MAY08 4.01 3.52 3.85 1/2 +0.25 1/4
-CBT JUL08 4.11 1/2 3.58 3.96 1/4 +0.25 1/2
SOYBEAN -CBT MAY08 12.79 11.22 12.77 +0.09 3/4
-CBT JUL08 12.97 11.35 12.94 +0.09
-CBT AUG08 12.87 11.35 12.87 +0.20
SOYOIL -CBT MAY08 56.70 49.18 56.61 +1.63
(¢/lb) -CBT JUL08 57.45 50.20 57.25 +1.55
SOYMEAL -CBT MAY08 339.00 302.50 333.50 -8.80
($/ton) -CBT JUL08 341.50 308.50 336.70 -8.10
FEEDMILL BIDS on Mar 31/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 250.00-305.00 250.00-305.00
-REDDEER 227.80-295.00 227.80-295.00
-EDMTN 227.80-295.00 249.90-290.00
OATS -EDMTN 149.10-168.60 155.60-168.60
PEAS - EDMTN 205.80-220.50 205.80-220.50
BARLEY-LETH 215.00-225.00 215.00-220.00
-MH/BRKS 204.00-215.00 203.00-207.00
-CALGARY 183.70-225.00 183.70-215.00
-REDDEER 197.50-225.00 197.50-227.00
-VERM 188.30-197.50 188.30-206.70
-EDMTN 183.70-218.00 183.70-230.00
-PEACE R 183.70-195.20 183.70-195.20
CANOLA CRUSHER on Apr 03/2008
-Meal (FOB) 243.00 279.90
-Seed (DEL) 592.67 620.93
ELEVATOR BIDS, RED DEER, on Apr 04/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT 238.86 248.27
FEED OATS N/A 167.03
FEED BARLEY 190.13 186.88
RYE 163.00 161.00
FLAXSEED N/A N/A
CANOLA 588.36 527.88
SPECIAL CROP CASH BIDS on Apr 03/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 420.35 11.44 6.60
FEED 180.41 4.91 3.95
LARGE YELLOW #2 OR BETTER 383.05 10.43 7.05
$/Lb $/Lb
LENTILS #1 LAIRD 734.69 0.33 0.16
#1 ESTON 569.89 0.26 0.14
MUSTARD #1 YELLOW 1236.46 0.56 0.23
#1 BROWN 938.83 0.43 0.18
#1 ORIENTAL 663.26 0.30 0.16
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Apr 03/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 557.75 596.70 469.93 263.74 +78.2%
-CWB #1CWRS VANC* N/A N/A 485.01 267.07 +81.6%
-#1DNS GREAT FALLS N/A N/A 381.08 202.85 +87.9%
-#1DNS PORTLAND N/A N/A 407.13 245.52 +65.8%
CORN -#2 CHICAGO 223.41 208.08 158.34 146.05 +8.4%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 211.47 214.42 214.57 147.63 +45.3%
-#2 STOCKTON 307.24 311.52 287.59 217.66 +32.1%
SOYBNS-#1 ILLINOIS 451.91 481.69 400.78 281.99 +42.1%
EXCH RATE Apr 03/2008: US$ in CANADA$ 1.0044 CANADA$ IN US$ 0.9956
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 23/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #34 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 275.5 7,599.4 8,729.2 -12.9% -26.2%
DURUM 21.6 2,034.7 2,787.4 -27.0% -30.1%
BARLEY 4.5 1,886.3 859.5 +119.5% +116.2%
OATS 18.2 1,278.9 1,217.4 +5.1% +12.2%
PEAS 20.2 1,330.2 1,080.6 +23.1% +6.6%
FLAXSEED .2 364.5 332.4 +9.7% -11.9%
CANOLA-EXPORTS 157.6 3,789.8 3,652.5 +3.8% -1.4%
CANOLA-CRUSH 76.1 2,579.1 2,199.2 +17.3% +6.2%
U.S. EXPORTS ('000 TONNES) as of Mar 27/2008
WHEAT 446.1 28,322.6 19,698.3 +43.8% +34.8%
BARLEY .2 697.0 400.9 +73.9% -20.0%
CORN 1080.5 37,319.8 31,642.1 +17.9% +15.3%
SOYBEANS 648.8 22,833.4 23,401.6 -2.4% -8.3%
NOPA SOYBEAN Month Ending: Feb 29/2008
SOYBEAN CRUSH 3780.8 24,189.5 23,658.3 +2.2% +1.6%
* From Canadian Grain Commission Calendar