Weekly Crop Market Review - August 1, 2008
The next weekly will be published on Friday, August 8, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Aug 01/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK OCT08 N/A N/A 285.00 +0.00
BARLEY -SASK OCT08 247.00 229.10 233.60 -4.50
-SASK DEC08 253.90 238.00 241.60 -4.90
-SASK MAR09 N/A N/A 247.60 -4.90
CANOLA -SASK NOV08 613.20 569.10 599.50 -2.90
-SASK JAN09 622.50 603.00 611.60 -2.40
-SASK MAR09 631.90 617.20 620.30 -2.00
U.S. FUTURES (U.S. $/BUSHEL) as of Aug 01/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT SEP08 8.26 7.79 7.94 -0.17
-CBT DEC08 8.49 8.02 8.19 -0.15 1/2
WHEAT -MINN SEP08 9.02 8.60 1/2 8.74 -0.12
-MINN DEC08 9.10 8.71 8.86 1/2 -0.09 3/4
WHEAT -KANS SEP08 8.48 8.10 8.22 1/4 -0.10
-KANS DEC08 8.72 8.35 8.49 -0.09
CORN -CBT SEP08 6.02 1/4 5.62 5.65 -0.12 1/4
-CBT DEC08 6.22 5.82 5.85 -0.11 1/2
OATS -CBT SEP08 3.91 1/4 3.68 3.68 -0.16
-CBT DEC08 4.13 1/2 3.86 1/2 3.87 1/2 -0.14
SOYBEAN -CBT SEP08 14.08 1/2 13.53 13.55 1/2 -0.33
-CBT NOV08 14.17 13.53 13.65 -0.21 1/2
-CBT JAN09 14.30 13.72 13.83 -0.21
SOYOIL -CBT SEP08 59.63 56.52 56.83 -2.65
(¢/lb) -CBT OCT08 59.80 56.75 57.16 -2.65
SOYMEAL -CBT SEP08 381.00 363.00 368.40 -0.60
($/ton) -CBT OCT08 378.40 356.00 364.00 +2.80
FEEDMILL BIDS on Jul 28/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 260.00-285.00 255.00-285.10
-REDDEER N/A 255.00-260.90
-EDMTN 249.90-271.90 249.90-271.90
OATS -EDMTN N/A N/A
PEAS - EDMTN N/A 205.80-220.50
BARLEY-LETH 225.00-245.00 240.00-260.00
-MH/BRKS 235.00-250.00 238.00-250.00
-CALGARY 225.10-258.00 225.10-245.00
-REDDEER 218.20-250.00 218.20-268.00
-VERM 202.10-211.30 202.10-211.30
-EDMTN 206.70-252.00 211.30-271.00
-PEACE R 195.20-202.10 202.10-202.20
CANOLA CRUSHER on Jul 30/2008
-Meal (FOB) 272.33 272.61
-Seed (DEL) 577.27 562.93
ELEVATOR BIDS on Aug 01/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 227.11 227.11
FEED OATS -Red Deer 174.54 174.54
FEED BARLEY-Red Deer 193.52 198.52
RYE -Red Deer N/A 235.35
FLAXSEED -Brooks 612.96 607.05
CANOLA -Red Deer 527.23 535.43
SPECIAL CROP CASH BIDS on Jul 31/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 359.54 9.79 6.00
FEED 175.82 4.79 4.29
LARGE YELLOW #2 OR BETTER 326.10 8.87 6.25
$/Lb $/Lb
LENTILS #1 LAIRD 773.82 0.35 0.17
#1 ESTON 724.76 0.33 0.15
MUSTARD #1 YELLOW 1264.90 0.57 0.24
#1 BROWN 956.25 0.43 0.19
#1 ORIENTAL 768.86 0.35 0.16
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 01/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 398.05 392.10 398.05 466.99 -14.8%
-CWB #1CWRS VANC* N/A N/A N/A 485.04 N/A
-#1DNS GREAT FALLS 317.56 315.36 317.56 374.44 -15.2%
-#1DNS PORTLAND 354.44 355.01 354.44 402.31 -11.9%
CORN -#2 CHICAGO 218.70 209.43 218.70 183.26 +19.3%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 198.10 204.97 198.10 207.48 -4.5%
-#2 STOCKTON 335.81 332.30 335.81 299.99 +11.9%
SOYBNS-#1 ILLINOIS 530.14 523.67 530.14 440.20 +20.4%
EXCH RATE Jul 31/2008: US$ in CANADA$ 1.0240 CANADA$ IN US$ 0.9766
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Jul 20/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #51 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 319.7 11,285.9 13,654.6 -17.3% -23.5%
DURUM 57.8 3,099.0 4,274.1 -27.5% -27.8%
BARLEY 7.5 2,887.5 1,112.8 +159.5% +168.1%
OATS 21.1 1,912.5 1,535.0 +24.6% +17.8%
PEAS .1 1,637.2 1,466.0 +11.7% +6.6%
FLAXSEED 6.6 512.7 578.4 -11.4% -1.7%
CANOLA-EXPORTS 35.7 5,333.8 5,260.9 +1.4% -1.4%
CANOLA-CRUSH 75.0 3,871.0 3,314.1 +16.8% +14.6%
U.S. EXPORTS ('000 TONNES) as of Jul 24/2008
WHEAT 592.7 4,465.7 3,642.3 +22.6% -21.1%
BARLEY .4 25.6 14.7 +74.5% -39.0%
CORN 991.3 54,307.3 47,169.3 +15.1% +15.3%
SOYBEANS 275.8 28,951.8 28,638.1 +1.1% +2.4%
NOPA SOYBEAN Month Ending: Jun 30/2008
SOYBEAN CRUSH 3633.6 39,583.8 39,215.9 +0.9% +1.8%
* From Canadian Grain Commission Calendar
