Weekly Crop Market Review - August 22, 2008
The next weekly will be published on Friday, August 29, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Aug 22/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK OCT08 N/A N/A 285.00 +0.00
BARLEY -SASK OCT08 235.00 219.00 231.00 +12.00
-SASK DEC08 242.50 226.70 238.50 +10.70
-SASK MAR09 N/A N/A 244.00 +10.70
CANOLA -SASK NOV08 591.60 542.40 554.70 +11.90
-SASK JAN09 599.90 557.90 566.20 +12.60
-SASK MAR09 607.10 571.70 576.50 +13.10
U.S. FUTURES (U.S. $/BUSHEL) as of Aug 22/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT SEP08 8.90 8.30 1/2 8.65 1/2 +0.41 1/4
-CBT DEC08 9.20 8.55 8.90 1/2 +0.41 1/4
WHEAT -MINN SEP08 9.60 9.15 9.37 1/2 +0.25 1/4
-MINN DEC08 9.75 9.28 9.52 +0.29 1/2
WHEAT -KANS SEP08 9.21 8.71 9.00 +0.36 3/4
-KANS DEC08 9.45 8.95 9.23 +0.38
CORN -CBT SEP08 5.91 5.41 5.86 1/2 +0.56 3/4
-CBT DEC08 6.12 5.60 6.06 1/2 +0.57
OATS -CBT SEP08 3.76 3.65 3.65 -0.08 1/2
-CBT DEC08 4.03 3.83 1/2 3.84 -0.09
SOYBEAN -CBT SEP08 13.38 12.39 13.21 +1.09 1/2
-CBT NOV08 13.46 1/2 12.44 13.27 +1.08
-CBT JAN09 13.63 12.66 13.44 1/2 +1.07 3/4
SOYOIL -CBT SEP08 55.10 50.90 54.15 +4.11
(¢/lb) -CBT OCT08 55.38 51.20 54.42 +4.09
SOYMEAL -CBT SEP08 364.20 341.50 360.30 +27.50
($/ton) -CBT OCT08 364.00 339.00 357.30 +26.90
FEEDMILL BIDS on Aug 18/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 230.00-250.00 240.00-260.00
-REDDEER 229.60-235.00 257.20-260.00
-EDMTN 216.80-264.60 249.90-265.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 183.70-220.50 N/A
BARLEY-LETH 208.00-225.00 210.00-235.00
-MH/BRKS 210.00-218.00 221.00-225.00
-CALGARY 208.00-230.00 225.10-235.00
-REDDEER 208.00-235.00 218.20-238.00
-VERM 156.20-179.10 202.10-206.70
-EDMTN 174.50-238.00 206.70-241.00
-PEACE R 183.70-199.80 199.80-202.10
CANOLA CRUSHER on Aug 20/2008
-Meal (FOB) 254.87 259.26
-Seed (DEL) 543.13 526.64
ELEVATOR BIDS on Aug 22/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 212.34 217.34
FEED OATS -Red Deer 172.44 159.22
FEED BARLEY-Red Deer 172.28 168.64
RYE -Red Deer N/A 216.13
FLAXSEED -Brooks 547.22 535.01
CANOLA -Red Deer 485.27 475.68
SPECIAL CROP CASH BIDS on Aug 21/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 350.53 9.54 6.19
FEED 180.41 4.91 4.29
LARGE YELLOW #2 OR BETTER 287.89 7.83 6.28
$/Lb $/Lb
LENTILS #1 LAIRD 769.41 0.35 0.19
#1 ESTON 724.76 0.33 0.17
MUSTARD #1 YELLOW 1102.31 0.50 0.24
#1 BROWN 992.08 0.45 0.19
#1 ORIENTAL 898.38 0.41 0.16
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 21/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 446.40 447.00 422.75 466.99 -9.5%
-CWB #1CWRS VANC* 455.13 N/A 429.85 485.04 -11.4%
-#1DNS GREAT FALLS 351.00 353.19 335.34 374.44 -10.4%
-#1DNS PORTLAND N/A 414.53 378.72 402.31 -5.9%
CORN -#2 CHICAGO 228.42 214.64 214.90 183.26 +17.3%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 203.69 209.22 204.55 207.48 -1.4%
-#2 STOCKTON 342.37 348.70 343.05 299.99 +14.4%
SOYBNS-#1 ILLINOIS 517.10 496.77 506.09 440.20 +15.0%
EXCH RATE Aug 21/2008: US$ in CANADA$ 1.0440 CANADA$ IN US$ 0.9579
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Aug 17/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY # 3 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 158.2 371.0 815.6 -54.5% -23.5%
DURUM 42.7 72.8 192.4 -62.2% -27.8%
BARLEY 1.1 15.1 3.4 +344.1% +168.1%
OATS 39.3 75.9 44.9 +69.0% +17.8%
PEAS N/A N/A 51.3 -100.0% +6.6%
FLAXSEED 9.9 33.6 27.8 +20.9% -1.7%
CANOLA-EXPORTS 143.3 289.3 284.3 +1.8% -1.4%
CANOLA-CRUSH 68.4 228.8 213.0 +7.4% +14.6%
U.S. EXPORTS ('000 TONNES) as of Aug 14/2008
WHEAT 987.3 7,203.7 6,433.3 +12.0% -20.9%
BARLEY 2.6 31.1 23.2 +34.0% -39.0%
CORN 931.6 57,185.5 50,071.5 +14.2% +14.1%
SOYBEANS 122.0 29,786.5 29,397.1 +1.3% +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
