Weekly Crop Market Review - June 27, 2008
The next weekly will be published on Friday, July 4, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jun 27/2008
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 249.00 240.00 249.90 -0.10
-SASK OCT08 265.00 250.00 256.90 -0.50
-SASK DEC08 272.50 258.00 265.00 -3.00
CANOLA -SASK JUL08 681.80 648.10 667.80 +8.30
-SASK NOV08 702.70 671.00 690.00 +5.30
-SASK JAN09 714.40 685.20 701.10 +5.70
U.S. FUTURES (U.S. $/BUSHEL) as of Jun 27/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL08 9.47 1/2 8.43 8.95 1/2 +0.29
-CBT SEP08 9.71 8.61 9.12 +0.27 3/4
WHEAT -MINN JUL08 12.25 10.28 12.12 +1.19
-MINN MAR09 10.56 9.82 10.32 +0.38
WHEAT -KANS JUL08 9.90 8.91 9.25 +0.10
-KANS SEP08 10.09 9.03 9.45 +0.19
CORN -CBT JUL08 7.62 1/2 7.06 7.54 3/4 +0.33 1/2
-CBT SEP08 7.76 7.20 7.67 3/4 +0.32 1/4
OATS -CBT JUL08 4.36 1/2 4.15 4.32 +0.16 1/2
-CBT SEP08 4.50 4.23 1/2 4.45 3/4 +0.17 3/4
SOYBEAN -CBT JUL08 15.90 14.90 15.81 1/2 +0.49
-CBT AUG08 15.87 14.94 15.79 +0.44
-CBT SEP08 15.76 14.81 15.66 1/2 +0.51
SOYOIL -CBT JUL08 66.18 61.75 65.57 +1.69
(¢/lb) -CBT AUG08 66.52 62.05 65.90 +1.69
SOYMEAL -CBT JUL08 427.00 397.50 427.90 +16.20
($/ton) -CBT AUG08 424.70 395.00 424.70 +15.80
FEEDMILL BIDS on Jun 23/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 270.00-300.00 265.00-300.00
-REDDEER 257.20-270.00 260.00-260.90
-EDMTN 249.90-275.60 249.90-271.90
OATS -EDMTN N/A N/A
PEAS - EDMTN 205.80-220.50 205.80-220.50
BARLEY-LETH 235.00-263.00 220.00-248.00
-MH/BRKS 235.00-235.10 219.00-235.00
-CALGARY 225.10-259.00 220.00-255.00
-REDDEER 218.20-263.00 206.70-215.00
-VERM 202.10-218.20 202.10-218.20
-EDMTN 202.10-268.00 188.30-261.00
-PEACE R 195.20-202.10 202.10-202.10
CANOLA CRUSHER on Jun 25/2008
-Meal (FOB) 319.33 325.50
-Seed (DEL) 646.37 641.53
ELEVATOR BIDS on Jun 27/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 229.69 230.19
FEED OATS -Red Deer 182.35 162.29
FEED BARLEY-Red Deer 228.06 214.16
RYE -Red Deer 161.20 N/A
FLAXSEED -Brooks 610.20 606.27
CANOLA -Red Deer 622.61 618.80
SPECIAL CROP CASH BIDS on Jun 26/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 401.98 10.94 6.04
FEED 166.63 4.54 4.10
LARGE YELLOW #2 OR BETTER 370.56 10.09 6.65
$/Lb $/Lb
LENTILS #1 LAIRD 906.65 0.41 0.16
#1 ESTON 770.29 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 $/TONNE) as of Jun 26/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 446.05 450.25 472.32 263.74 +79.1%
-CWB #1CWRS VANC* 448.27 464.86 489.06 267.07 +83.1%
-#1DNS GREAT FALLS N/A N/A 379.96 202.85 +87.3%
-#1DNS PORTLAND N/A N/A 407.13 245.52 +65.8%
CORN -#2 CHICAGO 288.66 274.87 178.28 146.05 +22.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 199.90 191.92 207.91 147.63 +40.8%
-#2 STOCKTON 327.77 328.45 297.42 217.66 +36.6%
SOYBNS-#1 ILLINOIS 585.64 573.71 429.04 281.99 +52.1%
EXCH RATE Jun 26/2008: US$ in CANADA$ 1.0131 CANADA$ IN US$ 0.9871
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jun 22/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #47 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 206.7 10,470.4 12,482.5 -16.1% -23.5%
DURUM 13.1 2,956.6 4,005.8 -26.2% -27.8%
BARLEY 151.5 2,861.8 1,064.8 +168.8% +116.2%
OATS 45.3 1,778.0 1,466.7 +21.2% +6.6%
PEAS N/A 1,586.8 1,433.2 +10.7% +6.6%
FLAXSEED 18.1 495.0 502.4 -1.5% -7.6%
CANOLA-EXPORTS 123.5 5,059.0 4,913.1 +3.0% +0.4%
CANOLA-CRUSH 82.5 3,560.6 3,043.2 +17.0% +9.0%
U.S. EXPORTS ('000 TONNES) as of Jun 19/2008
WHEAT 482.1 1,363.2 1,168.8 +16.6% -20.9%
BARLEY N/A 16.3 11.7 +39.9% -37.5%
CORN 932.9 49,583.5 42,563.8 +16.5% +15.3%
SOYBEANS 294.7 27,341.0 27,544.2 -0.7% -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