Weekly Crop Market Review - April 18, 2008
The next weekly will be published on Friday, April 25, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Apr 18/2008
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 250.00 242.00 245.00 +1.10
-SASK JUL08 255.50 248.00 251.00 -0.90
-SASK OCT08 260.00 254.90 257.90 +3.90
CANOLA -SASK MAY08 650.70 622.10 637.70 -0.10
-SASK JUL08 662.90 633.30 649.30 +2.90
-SASK NOV08 670.00 648.10 660.50 +11.40
U.S. FUTURES (U.S. $/BUSHEL) as of Apr 18/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY08 9.41 8.62 8.70 -0.26 1/2
-CBT JUL08 9.60 8.75 8.85 -0.25 1/2
WHEAT -MINN MAY08 13.00 12.10 12.30 -0.62
-MINN JUL08 10.90 10.27 10.45 -0.42
WHEAT -KANS MAY08 9.97 9.25 9.39 3/4 -0.14
-KANS JUL08 9.93 9.20 9.33 -0.34
CORN -CBT MAY08 6.09 5.87 5.99 1/2 +0.15 1/4
-CBT JUL08 6.22 1/2 6.00 1/2 6.13 +0.15 1/2
OATS -CBT MAY08 3.95 1/2 3.74 3.78 -0.07
-CBT JUL08 4.07 3.82 1/2 3.89 -0.06 1/2
SOYBEAN -CBT MAY08 13.97 13.15 13.61 1/2 +0.29
-CBT JUL08 14.15 13.32 13.77 +0.27 3/4
-CBT AUG08 14.00 13.25 13.67 +0.29
SOYOIL -CBT MAY08 63.00 59.50 60.98 +1.04
(¢/lb) -CBT JUL08 63.75 60.15 61.74 +1.05
SOYMEAL -CBT MAY08 355.00 335.00 346.70 +2.20
($/ton) -CBT JUL08 359.50 340.00 351.70 +3.40
FEEDMILL BIDS on Apr 14/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 265.00-330.00 250.00-305.00
-REDDEER 227.80-295.00 227.80-295.00
-EDMTN 227.80-265.00 227.80-265.00
OATS -EDMTN 155.60-168.60 149.10-168.60
PEAS - EDMTN 205.80-220.50 205.80-220.50
BARLEY-LETH 220.00-245.00 220.00-227.00
-MH/BRKS 210.00-218.00 209.00-216.00
-CALGARY 188.30-235.00 188.30-220.00
-REDDEER 199.80-220.00 199.80-230.00
-VERM 199.80-204.40 199.80-206.70
-EDMTN 188.30-240.00 186.00-235.00
-PEACE R 188.30-195.20 186.00-195.20
CANOLA CRUSHER on Apr 17/2008
-Meal (FOB) 262.03 269.73
-Seed (DEL) 620.60 640.00
ELEVATOR BIDS on Apr 18/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 241.62 243.27
FEED OATS -Red Deer N/A 152.38
FEED BARLEY-Red Deer 204.72 206.72
RYE -Red Deer 163.00 161.00
FLAXSEED -Brooks 544.07 518.87
CANOLA -Red Deer 596.66 575.29
SPECIAL CROP CASH BIDS on Apr 17/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 420.35 11.44 6.56
FEED 180.41 4.91 3.95
LARGE YELLOW #2 OR BETTER 362.48 9.87 7.19
$/Lb $/Lb
LENTILS #1 LAIRD 739.21 0.34 0.16
#1 ESTON 574.63 0.26 0.15
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 $/TONNE) as of Apr 17/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 537.50 576.65 474.64 263.74 +80.0%
-CWB #1CWRS VANC* 542.85 587.09 491.67 267.07 +84.1%
-#1DNS GREAT FALLS N/A N/A 381.08 202.85 +87.9%
-#1DNS PORTLAND N/A N/A 407.13 245.52 +65.8%
CORN -#2 CHICAGO 227.54 224.71 161.91 146.05 +10.9%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 199.16 206.64 213.96 147.63 +44.9%
-#2 STOCKTON 327.48 329.61 289.75 217.66 +33.1%
SOYBNS-#1 ILLINOIS 493.91 496.38 405.75 281.99 +43.9%
EXCH RATE Apr 17/2008: US$ in CANADA$ 1.0122 CANADA$ IN US$ 0.9879
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Apr 06/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #36 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 172.8 7,936.8 9,342.5 -15.0% -26.2%
DURUM 4.4 2,108.5 2,968.4 -29.0% -30.1%
BARLEY 32.7 2,070.5 868.4 +138.4% +116.2%
OATS 41.0 1,351.8 1,289.3 +4.8% +12.2%
PEAS N/A 1,360.1 1,147.6 +18.5% +6.6%
FLAXSEED .7 371.3 339.6 +9.3% -11.9%
CANOLA-EXPORTS 57.2 3,980.1 3,795.3 +4.9% -1.4%
CANOLA-CRUSH 77.0 2,736.9 2,344.2 +16.8% +6.2%
U.S. EXPORTS ('000 TONNES) as of Apr 10/2008
WHEAT 375.2 29,387.6 20,715.5 +41.9% +40.3%
BARLEY 15.8 718.8 403.1 +78.3% -20.0%
CORN 1153.3 39,841.2 33,217.2 +19.9% +17.6%
SOYBEANS 394.9 23,620.8 24,411.3 -3.2% -3.8%
NOPA SOYBEAN Month Ending: Feb 29/2008
SOYBEAN CRUSH 3780.8 24,189.5 23,658.3 +2.2% +1.9%
* From Canadian Grain Commission Calendar
