Weekly Crop Market Review - August 15, 2008
The next weekly will be published on Friday, August 22, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Aug 15/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK OCT08 N/A N/A 285.00 +0.00
BARLEY -SASK OCT08 224.00 214.50 219.00 +1.00
-SASK DEC08 233.50 224.50 227.80 +2.30
-SASK MAR09 N/A N/A 233.30 +2.30
CANOLA -SASK NOV08 562.00 509.30 542.80 +7.80
-SASK JAN09 572.40 529.00 553.60 +7.60
-SASK MAR09 582.80 537.20 563.40 +7.20
U.S. FUTURES (U.S. $/BUSHEL) as of Aug 15/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT SEP08 8.87 7.62 8.24 1/4 +0.59
-CBT DEC08 9.11 7.89 8.49 1/4 +0.59
WHEAT -MINN SEP08 9.75 8.55 9.12 1/4 +0.54 1/4
-MINN DEC08 9.75 8.62 9.22 1/2 +0.56 1/2
WHEAT -KANS SEP08 9.20 8.00 8.63 1/4 +0.59 1/2
-KANS DEC08 9.42 8.23 8.85 +0.64 1/4
CORN -CBT SEP08 5.59 1/2 4.85 1/2 5.29 3/4 +0.31 1/4
-CBT DEC08 5.79 5.05 5.49 1/2 +0.31 1/4
OATS -CBT SEP08 3.88 1/2 3.55 1/4 3.73 1/2 +0.17 1/2
-CBT DEC08 4.08 3.73 3.93 +0.17 3/4
SOYBEAN -CBT SEP08 12.77 1/2 11.80 12.11 1/2 +0.34 1/2
-CBT NOV08 12.86 11.80 12.19 +0.38 1/2
-CBT JAN09 13.03 12.00 12.36 3/4 +0.38 1/2
SOYOIL -CBT SEP08 52.47 49.72 50.04 -0.53
(¢/lb) -CBT OCT08 52.76 50.05 50.33 -0.54
SOYMEAL -CBT SEP08 355.50 320.00 332.80 +13.00
($/ton) -CBT OCT08 350.00 312.50 330.40 +18.00
FEEDMILL BIDS on Aug 11/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 240.00-260.00 260.00-285.00
-REDDEER 257.20-260.00 257.20-260.00
-EDMTN 249.90-265.00 249.90-265.00
OATS -EDMTN N/A N/A
PEAS - EDMTN N/A N/A
BARLEY-LETH 210.00-235.00 235.00-248.00
-MH/BRKS 221.00-225.00 230.00-232.00
-CALGARY 225.10-235.00 215.90-245.00
-REDDEER 218.20-238.00 218.20-248.00
-VERM 202.10-206.70 202.10-211.30
-EDMTN 206.70-241.00 206.70-251.00
-PEACE R 199.80-202.10 202.10-202.20
CANOLA CRUSHER on Aug 13/2008
-Meal (FOB) 259.26 219.42
-Seed (DEL) 526.64 525.00
ELEVATOR BIDS on Aug 15/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 217.34 217.34
FEED OATS -Red Deer 159.22 161.08
FEED BARLEY-Red Deer 168.64 165.81
RYE -Red Deer 216.13 N/A
FLAXSEED -Brooks 535.01 455.09
CANOLA -Red Deer 475.68 475.15
SPECIAL CROP CASH BIDS on Aug 14/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 349.06 9.50 6.04
FEED 175.82 4.79 4.29
LARGE YELLOW #2 OR BETTER 306.63 8.35 6.19
$/Lb $/Lb
LENTILS #1 LAIRD 772.71 0.35 0.18
#1 ESTON 742.73 0.34 0.16
MUSTARD #1 YELLOW 1433.00 0.65 0.24
#1 BROWN 925.94 0.42 0.19
#1 ORIENTAL 898.38 0.41 0.16
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 14/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 447.00 399.55 414.87 466.99 -11.2%
-CWB #1CWRS VANC* N/A 404.57 404.57 485.04 -16.6%
-#1DNS GREAT FALLS 353.19 319.59 330.12 374.44 -11.8%
-#1DNS PORTLAND 414.53 367.18 378.72 402.31 -5.9%
CORN -#2 CHICAGO 214.64 197.84 210.39 183.26 +14.8%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 209.22 207.19 204.84 207.48 -1.3%
-#2 STOCKTON 348.70 345.32 343.28 299.99 +14.4%
SOYBNS-#1 ILLINOIS 496.77 480.35 502.42 440.20 +14.1%
EXCH RATE Aug 14/2008: US$ in CANADA$ 1.0633 CANADA$ IN US$ 0.9405
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Aug 03/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY # 1 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) N/A N/A N/A N/A -23.5%
DURUM N/A N/A N/A N/A -27.8%
BARLEY N/A N/A N/A N/A +168.1%
OATS N/A N/A N/A N/A +17.8%
PEAS N/A N/A N/A N/A +6.6%
FLAXSEED N/A N/A N/A N/A -1.7%
CANOLA-EXPORTS N/A N/A N/A N/A -1.4%
CANOLA-CRUSH 90.7 90.7 64.0 +41.9% +14.6%
U.S. EXPORTS ('000 TONNES) as of Aug 07/2008
WHEAT 839.3 6,151.3 5,166.6 +19.1% -20.9%
BARLEY N/A 27.0 22.7 +19.1% -39.0%
CORN 910.0 56,145.2 48,977.7 +14.6% +14.1%
SOYBEANS 274.7 29,627.5 29,115.8 +1.8% +2.6%
NOPA SOYBEAN Month Ending: Jun 30/2008
SOYBEAN CRUSH 3633.6 39,583.8 39,215.9 +0.9% +1.2%
* From Canadian Grain Commission Calendar
