Weekly Crop Market Review - June 20, 2008
The next weekly will be published on Friday, June 27, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jun 20/2008
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 260.00 247.00 250.00 -7.00
-SASK OCT08 268.00 250.00 257.40 -4.60
-SASK DEC08 276.30 262.80 268.00 +0.80
CANOLA -SASK JUL08 675.00 650.60 659.50 -1.10
-SASK NOV08 699.50 675.60 684.70 +0.50
-SASK JAN09 708.00 687.10 695.40 +0.80
U.S. FUTURES (U.S. $/BUSHEL) as of Jun 20/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL08 9.13 8.64 8.66 1/2 -0.15 1/2
-CBT SEP08 9.30 8.82 8.84 1/4 -0.15 1/4
WHEAT -MINN JUL08 11.15 10.65 10.93 +0.38 3/4
-MINN SEP08 10.06 9.65 9.70 -0.07
WHEAT -KANS JUL08 9.54 9.12 9.15 -0.09 1/4
-KANS SEP08 9.66 9.25 9.26 -0.12
CORN -CBT JUL08 7.60 7.17 3/4 7.21 1/4 -0.10 1/2
-CBT SEP08 7.74 7.32 7.35 1/2 -0.10 1/4
OATS -CBT JUL08 4.32 4.11 4.15 1/2 -0.09 1/2
-CBT SEP08 4.38 1/2 4.25 4.28 -0.09
SOYBEAN -CBT JUL08 15.93 15.16 15.32 1/2 -0.27 1/2
-CBT AUG08 15.87 15.20 15.35 -0.24 3/4
-CBT SEP08 15.70 15.00 15.15 1/2 -0.24 1/2
SOYOIL -CBT JUL08 67.80 63.50 63.88 -2.31
(¢/lb) -CBT AUG08 67.95 63.98 64.21 -2.31
SOYMEAL -CBT JUL08 425.50 400.80 411.70 +2.50
($/ton) -CBT AUG08 421.50 400.50 408.90 +1.20
FEEDMILL BIDS on Jun 16/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 265.00-300.00 265.00-300.00
-REDDEER 260.00-260.90 255.00-268.20
-EDMTN 249.90-271.90 249.90-271.90
OATS -EDMTN N/A N/A
PEAS - EDMTN 205.80-220.50 205.80-220.50
BARLEY-LETH 220.00-248.00 215.00-235.00
-MH/BRKS 219.00-235.00 219.00-233.00
-CALGARY 220.00-255.00 215.00-238.00
-REDDEER 206.70-215.00 210.00-215.90
-VERM 202.10-218.20 206.70-218.20
-EDMTN 188.30-261.00 188.30-242.00
-PEACE R 202.10-202.10 202.10-240.00
CANOLA CRUSHER on Jun 18/2008
-Meal (FOB) 325.50 306.50
-Seed (DEL) 641.53 623.60
ELEVATOR BIDS on Jun 20/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 230.19 229.69
FEED OATS -Red Deer 162.29 141.35
FEED BARLEY-Red Deer 214.16 225.99
RYE -Red Deer N/A 156.50
FLAXSEED -Brooks 606.27 590.52
CANOLA -Red Deer 618.80 616.41
SPECIAL CROP CASH BIDS on Jun 19/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 397.02 10.80 6.04
FEED 166.63 4.54 4.10
LARGE YELLOW #2 OR BETTER 372.95 10.15 6.65
$/Lb $/Lb
LENTILS #1 LAIRD 961.76 0.44 0.16
#1 ESTON 764.78 0.35 0.15
MUSTARD #1 YELLOW 1364.10 0.62 0.23
#1 BROWN 956.25 0.43 0.19
#1 ORIENTAL 934.20 0.42 0.17
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jun 19/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 450.25 436.25 472.89 263.74 +79.3%
-CWB #1CWRS VANC* 464.86 455.33 490.38 267.07 +83.6%
-#1DNS GREAT FALLS N/A N/A 379.96 202.85 +87.3%
-#1DNS PORTLAND N/A N/A 407.13 245.52 +65.8%
CORN -#2 CHICAGO 274.87 268.07 175.93 146.05 +20.5%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 191.92 178.77 208.08 147.63 +41.0%
-#2 STOCKTON 328.45 331.04 296.78 217.66 +36.3%
SOYBNS-#1 ILLINOIS 573.71 576.35 425.70 281.99 +51.0%
EXCH RATE Jun 19/2008: US$ in CANADA$ 1.0152 CANADA$ IN US$ 0.9850
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jun 15/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #46 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) N/A N/A 12,270.7 N/A -23.5%
DURUM N/A N/A 3,868.8 N/A -27.8%
BARLEY N/A N/A 1,050.6 N/A +116.2%
OATS N/A N/A 1,462.9 N/A +6.6%
PEAS N/A N/A 1,412.2 N/A +6.6%
FLAXSEED N/A N/A 495.3 N/A -7.6%
CANOLA-EXPORTS N/A N/A 4,812.5 N/A +0.4%
CANOLA-CRUSH 80.6 3,478.1 2,973.3 +17.0% +9.0%
U.S. EXPORTS ('000 TONNES) as of Jun 12/2008
WHEAT 399.1 853.7 711.3 +20.0% -20.9%
BARLEY N/A 16.0 1.0 +1570.5% -37.5%
CORN 970.0 48,579.4 41,781.1 +16.3% +15.3%
SOYBEANS 346.2 26,981.0 27,090.4 -0.4% -0.7%
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