Weekly Crop Market Review - June 6, 2008
The next weekly will be published on Friday, June 13, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jun 06/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK JUL08 N/A N/A 300.00 +0.00
-SASK OCT08 N/A N/A 285.00 +0.00
BARLEY -SASK JUL08 236.70 224.00 230.00 +5.30
-SASK OCT08 248.00 234.00 241.00 +3.10
-SASK DEC08 257.40 250.50 250.50 +3.30
CANOLA -SASK JUL08 659.00 606.50 646.10 +25.60
-SASK NOV08 684.00 628.80 671.20 +26.30
-SASK JAN09 693.80 644.30 681.80 +26.10
U.S. FUTURES (U.S. $/BUSHEL) as of Jun 06/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL08 8.29 7.43 8.11 +0.52
-CBT SEP08 8.41 7.60 8.27 1/4 +0.52 3/4
WHEAT -MINN DEC08 9.27 8.56 9.20 +0.52
-MINN MAR09 9.30 8.63 9.30 +0.55
WHEAT -KANS JUL08 8.57 7.87 8.46 3/4 +0.43 1/4
-KANS SEP08 8.70 7.99 8.56 1/4 +0.40 1/2
CORN -CBT JUL08 6.63 1/4 5.85 6.50 3/4 +0.58 1/4
-CBT SEP08 6.76 5.98 1/2 6.63 3/4 +0.58 1/4
OATS -CBT JUL08 4.09 3.78 3.99 1/4 +0.09 1/4
-CBT SEP08 4.16 1/2 3.89 4.10 3/4 +0.09 3/4
SOYBEAN -CBT JUL08 14.88 13.42 14.57 1/2 +0.84 3/4
-CBT AUG08 14.85 13.48 14.57 1/4 +0.81 1/2
-CBT SEP08 14.61 13.50 14.46 1/2 +0.84 1/4
SOYOIL -CBT JUL08 65.08 60.10 64.34 +1.69
(¢/lb) -CBT AUG08 65.40 60.60 64.69 +1.71
SOYMEAL -CBT JUL08 384.50 333.00 373.00 +29.30
($/ton) -CBT AUG08 382.50 335.70 373.00 +27.20
FEEDMILL BIDS on Jun 02/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 270.00-300.00 270.00-300.00
-REDDEER 265.00-290.00 238.80-270.00
-EDMTN 249.90-271.90 257.20-265.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 205.80-235.20 205.80-220.50
BARLEY-LETH 224.70-239.00 230.00-240.00
-MH/BRKS 217.00-233.00 217.00-230.00
-CALGARY 220.50-270.00 192.90-250.00
-REDDEER 215.90-248.00 202.10-254.00
-VERM 204.40-229.70 206.70-229.70
-EDMTN 188.30-251.00 192.90-259.00
-PEACE R 197.50-202.10 197.50-202.10
CANOLA CRUSHER on Jun 04/2008
-Meal (FOB) 264.87 254.33
-Seed (DEL) 596.93 601.77
ELEVATOR BIDS on Jun 06/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 229.13 238.45
FEED OATS -Red Deer 163.16 153.42
FEED BARLEY-Red Deer 202.63 N/A
RYE -Red Deer 157.65 N/A
FLAXSEED -Brooks 581.07 556.66
CANOLA -Red Deer 613.52 590.51
SPECIAL CROP CASH BIDS on Jun 05/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 402.71 10.96 6.54
FEED 166.63 4.54 4.10
LARGE YELLOW #2 OR BETTER 374.79 10.20 6.75
$/Lb $/Lb
LENTILS #1 LAIRD 961.76 0.44 0.17
#1 ESTON 730.28 0.33 0.15
MUSTARD #1 YELLOW 1366.86 0.62 0.24
#1 BROWN 956.25 0.43 0.19
#1 ORIENTAL 879.09 0.40 0.18
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 05/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW N/A 484.35 474.24 263.74 +79.8%
-CWB #1CWRS VANC* N/A 520.07 492.47 267.07 +84.4%
-#1DNS GREAT FALLS N/A N/A 379.96 202.85 +87.3%
-#1DNS PORTLAND N/A N/A 407.13 245.52 +65.8%
CORN -#2 CHICAGO 241.92 211.15 171.68 146.05 +17.6%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 177.83 172.81 209.09 147.63 +41.6%
-#2 STOCKTON 329.29 320.00 295.31 217.66 +35.7%
SOYBNS-#1 ILLINOIS 542.27 478.55 419.07 281.99 +48.6%
EXCH RATE Jun 05/2008: US$ in CANADA$ 1.0178 CANADA$ IN US$ 0.9825
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jun 01/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #44 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) N/A N/A 11,680.5 N/A -23.5%
DURUM N/A N/A 3,772.8 N/A -27.8%
BARLEY N/A N/A 1,041.6 N/A +116.2%
OATS N/A N/A 1,438.5 N/A +6.6%
PEAS N/A N/A 1,381.3 N/A +6.6%
FLAXSEED N/A N/A 477.5 N/A -7.6%
CANOLA-EXPORTS N/A N/A 4,629.1 N/A +0.4%
CANOLA-CRUSH 65.0 3,332.3 2,868.4 +16.2% +9.0%
U.S. EXPORTS ('000 TONNES) as of May 29/2008
WHEAT 584.8 33,211.7 24,189.2 +37.3% +40.8%
BARLEY .2 814.8 418.2 +94.8% +100.0%
CORN 949.4 46,492.1 39,881.3 +16.6% +17.6%
SOYBEANS 269.1 26,445.6 26,584.6 -0.5% -2.5%
NOPA SOYBEAN Month Ending: Apr 30/2008
SOYBEAN CRUSH 3809.2 32,031.1 31,461.2 +1.8% +1.9%
* From Canadian Grain Commission Calendar
