Weekly Crop Market Review - July 11, 2008
The next weekly will be published on Friday, July 18, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jul 11/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK OCT08 N/A N/A 285.00 +0.00
BARLEY -SASK OCT08 276.50 261.50 270.20 -9.80
-SASK DEC08 283.10 271.00 275.00 -10.00
-SASK MAR09 280.00 280.00 281.30 -10.60
CANOLA -SASK NOV08 705.80 672.00 681.20 -28.30
-SASK JAN09 713.20 687.10 692.90 -29.20
-SASK MAR09 726.10 696.40 703.50 -27.60
U.S. FUTURES (U.S. $/BUSHEL) as of Jul 11/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT SEP08 8.58 8.12 8.30 3/4 -0.56 3/4
-CBT DEC08 8.80 8.36 8.55 -0.55 1/4
WHEAT -MINN SEP08 9.13 8.60 8.96 1/2 -0.41 1/2
-MINN DEC08 9.31 1/2 8.86 9.09 3/4 -0.45 1/4
WHEAT -KANS SEP08 9.61 8.44 8.64 1/2 -0.47 3/4
-KANS DEC08 9.85 8.68 1/2 8.86 -0.49
CORN -CBT SEP08 7.27 3/4 6.77 6.91 -0.66 3/4
-CBT DEC08 7.47 6.95 7.09 1/4 -0.67 3/4
OATS -CBT SEP08 4.50 4.21 1/4 4.49 1/2 -0.18 1/4
-CBT DEC08 4.71 3/4 4.36 4.67 1/2 -0.18 1/2
SOYBEAN -CBT AUG08 16.32 15.10 16.15 1/2 -0.33 1/2
-CBT SEP08 16.20 15.00 16.05 1/2 -0.31 3/4
-CBT NOV08 16.17 14.83 15.96 -0.35
SOYOIL -CBT AUG08 66.45 62.75 64.63 -2.90
(¢/lb) -CBT SEP08 65.70 63.10 64.98 -2.92
SOYMEAL -CBT AUG08 447.80 405.50 445.90 +0.20
($/ton) -CBT SEP08 442.00 400.80 441.10 +0.80
FEEDMILL BIDS on Jul 07/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 275.00-315.00 275.00-285.00
-REDDEER N/A 257.20-275.00
-EDMTN 249.90-271.90 271.90-275.60
OATS -EDMTN N/A N/A
PEAS - EDMTN 205.80-220.50 205.80-249.90
BARLEY-LETH 235.00-270.00 240.00-260.00
-MH/BRKS 238.00-250.00 229.70-238.00
-CALGARY 225.10-235.00 225.10-265.00
-REDDEER 218.20-230.00 218.20-268.00
-VERM 206.70-206.80 206.70-206.80
-EDMTN 197.50-230.00 202.10-271.00
-PEACE R 156.20-202.10 195.20-202.10
CANOLA CRUSHER on Jul 09/2008
-Meal (FOB) 336.22 353.33
-Seed (DEL) 636.17 678.33
ELEVATOR BIDS on Jul 11/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 227.61 229.69
FEED OATS -Red Deer 194.27 186.19
FEED BARLEY-Red Deer 201.20 233.81
RYE -Red Deer 201.01 229.44
FLAXSEED -Brooks 652.33 636.97
CANOLA -Red Deer 591.25 650.45
SPECIAL CROP CASH BIDS on Jul 10/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 387.28 10.54 6.04
FEED 166.63 4.54 4.10
LARGE YELLOW #2 OR BETTER 365.60 9.95 6.33
$/Lb $/Lb
LENTILS #1 LAIRD 873.58 0.40 0.17
#1 ESTON 735.79 0.33 0.15
MUSTARD #1 YELLOW 1264.90 0.57 0.23
#1 BROWN 931.45 0.42 0.19
#1 ORIENTAL 790.91 0.36 0.17
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jul 10/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 400.25 424.40 469.87 263.74 +78.2%
-CWB #1CWRS VANC* 407.51 433.92 485.04 267.07 +81.6%
-#1DNS GREAT FALLS 318.50 N/A 377.82 202.85 +86.3%
-#1DNS PORTLAND 354.84 N/A 405.57 245.52 +65.2%
CORN -#2 CHICAGO 252.26 282.66 181.77 146.05 +24.5%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 201.89 201.02 207.65 147.63 +40.7%
-#2 STOCKTON 330.92 329.61 298.74 217.66 +37.2%
SOYBNS-#1 ILLINOIS 594.92 616.17 436.10 281.99 +54.7%
EXCH RATE Jul 10/2008: US$ in CANADA$ 1.0091 CANADA$ IN US$ 0.9910
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jul 06/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #49 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 97.9 10,895.0 13,106.0 -16.9% -23.5%
DURUM 7.9 2,998.8 4,181.5 -28.3% -27.8%
BARLEY 5.6 2,872.7 1,102.6 +160.5% +168.1%
OATS 35.1 1,867.1 1,486.0 +25.6% +17.8%
PEAS N/A 1,586.8 1,466.0 +8.2% +6.6%
FLAXSEED .2 496.4 542.0 -8.4% -1.7%
CANOLA-EXPORTS 110.7 5,263.8 5,122.9 +2.8% -1.4%
CANOLA-CRUSH 76.3 3,713.4 3,183.7 +16.6% +14.6%
U.S. EXPORTS ('000 TONNES) as of Jul 03/2008
WHEAT 501.1 2,362.6 2,195.7 +7.6% -21.1%
BARLEY N/A 20.7 13.9 +49.2% -39.0%
CORN 823.6 51,426.8 44,149.5 +16.5% +15.3%
SOYBEANS 247.5 28,090.4 27,931.0 +0.6% +2.4%
NOPA SOYBEAN Month Ending: May 31/2008
SOYBEAN CRUSH 3901.4 35,932.5 35,362.7 +1.6% +1.8%
* From Canadian Grain Commission Calendar
