Weekly Crop Market Review - August 29, 2008
The next weekly will be published on Friday, September 5, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Aug 29/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK OCT08 231.00 219.00 223.90 -7.10
-SASK DEC08 239.40 227.00 232.30 -6.20
-SASK MAR09 237.40 236.40 238.90 -5.10
CANOLA -SASK NOV08 571.50 522.60 546.10 -8.60
-SASK JAN09 570.60 539.70 557.40 -8.80
-SASK MAR09 580.10 550.80 568.40 -8.10
U.S. FUTURES (U.S. $/BUSHEL) as of Aug 29/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT SEP08 8.78 7.80 7.79 1/4 -0.86 1/4
-CBT DEC08 9.05 7.98 8.01 1/4 -0.89 1/4
WHEAT -MINN SEP08 9.45 8.54 8.61 -0.76 1/2
-MINN DEC08 9.63 8.66 8.69 3/4 -0.82 1/4
WHEAT -KANS SEP08 9.11 8.16 8.18 3/4 -0.81 1/4
-KANS DEC08 9.35 8.36 8.39 1/2 -0.83 1/2
CORN -CBT SEP08 6.02 5.64 5.68 1/4 -0.18 1/4
-CBT DEC08 6.23 5.81 1/4 5.85 -0.21 1/2
OATS -CBT SEP08 3.65 3.41 1/2 3.45 1/4 -0.19 3/4
-CBT DEC08 3.93 1/2 3.55 1/2 3.62 1/4 -0.21 3/4
SOYBEAN -CBT SEP08 13.61 13.16 13.32 +0.11
-CBT NOV08 13.71 13.07 1/2 13.24 -0.03
-CBT JAN09 13.86 13.28 13.41 1/2 -0.03
SOYOIL -CBT SEP08 54.95 52.67 53.40 -0.75
(¢/lb) -CBT OCT08 55.12 52.95 53.67 -0.75
SOYMEAL -CBT SEP08 373.00 360.00 367.40 +7.10
($/ton) -CBT OCT08 369.50 355.00 358.40 +1.10
FEEDMILL BIDS on Aug 25/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 230.00-285.00 230.00-250.00
-REDDEER N/A 229.60-235.00
-EDMTN 230.00-264.60 216.80-264.60
OATS -EDMTN N/A N/A
PEAS - EDMTN 183.70-220.50 183.70-220.50
BARLEY-LETH 210.00-230.00 208.00-225.00
-MH/BRKS 215.00-216.00 210.00-218.00
-CALGARY 211.30-240.00 208.00-230.00
-REDDEER 200.00-235.00 208.00-235.00
-VERM 160.80-183.70 156.20-179.10
-EDMTN 183.70-238.00 174.50-238.00
-PEACE R 183.70-202.10 183.70-199.80
CANOLA CRUSHER on Aug 27/2008
-Meal (FOB) 266.67 254.87
-Seed (DEL) 510.70 543.13
ELEVATOR BIDS on Aug 29/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 212.34 212.34
FEED OATS -Red Deer 158.17 172.44
FEED BARLEY-Red Deer 169.67 172.28
RYE -Red Deer N/A N/A
FLAXSEED -Brooks 526.35 547.22
CANOLA -Red Deer 463.95 485.27
SPECIAL CROP CASH BIDS on Aug 28/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 341.35 9.29 6.19
FEED 165.16 4.50 4.23
LARGE YELLOW #2 OR BETTER 276.87 7.54 6.35
$/Lb $/Lb
LENTILS #1 LAIRD 790.35 0.36 0.20
#1 ESTON 720.69 0.33 0.17
MUSTARD #1 YELLOW 1096.80 0.50 0.25
#1 BROWN 986.59 0.45 0.20
#1 ORIENTAL 898.38 0.41 0.16
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Aug 28/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 412.10 446.40 420.62 466.99 -9.9%
-CWB #1CWRS VANC* N/A 455.13 429.85 485.04 -11.4%
-#1DNS GREAT FALLS 319.26 351.00 332.12 374.44 -11.3%
-#1DNS PORTLAND N/A N/A 378.72 402.31 -5.9%
CORN -#2 CHICAGO 223.62 228.42 216.64 183.26 +18.2%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 201.76 203.69 203.99 207.48 -1.7%
-#2 STOCKTON 344.96 342.37 343.43 299.99 +14.5%
SOYBNS-#1 ILLINOIS 401.97 517.10 485.27 440.20 +10.2%
EXCH RATE Aug 28/2008: US$ in CANADA$ 1.0519 CANADA$ IN US$ 0.9507
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Aug 24/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY # 4 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 250.3 621.3 1,068.7 -41.9% -23.5%
DURUM 109.8 182.6 282.6 -35.4% -27.8%
BARLEY .9 16.0 7.6 +110.5% +168.1%
OATS 56.4 132.3 116.1 +14.0% +17.8%
PEAS N/A N/A 51.3 -100.0% +6.6%
FLAXSEED 9.9 43.5 51.6 -15.7% -1.7%
CANOLA-EXPORTS 39.8 329.1 373.9 -12.0% -1.4%
CANOLA-CRUSH 52.6 281.3 279.7 +0.6% +14.6%
U.S. EXPORTS ('000 TONNES) as of Aug 21/2008
WHEAT 645.9 7,875.6 7,400.9 +6.4% -20.9%
BARLEY .4 32.3 25.8 +25.0% -39.0%
CORN 776.3 58,208.0 51,001.1 +14.1% +14.1%
SOYBEANS 208.6 30,044.4 29,765.6 +0.9% +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
