Weekly Crop Market Review - September 12, 2008
The next weekly will be published on Friday, September 19, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Sep 12/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK OCT08 212.50 203.00 205.90 -9.10
-SASK DEC08 218.00 210.00 213.40 -8.50
-SASK MAR09 225.00 217.40 220.20 -8.20
CANOLA -SASK NOV08 522.00 500.70 508.10 -0.50
-SASK JAN09 532.70 511.20 519.60 +0.30
-SASK MAR09 536.10 522.90 529.50 +0.70
U.S. FUTURES (U.S. $/BUSHEL) as of Sep 12/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC08 7.57 7.14 7.19 1/4 -0.32 1/4
-CBT MAR09 7.79 7.38 7.41 3/4 -0.33
WHEAT -MINN DEC08 8.19 7.83 7.87 3/4 -0.27 1/2
-MINN MAR09 8.36 7.98 8.05 1/2 -0.28 1/2
WHEAT -KANS DEC08 7.97 7.55 7.59 1/2 -0.35 1/2
-KANS MAR09 8.18 7.77 7.80 -0.36 1/2
CORN -CBT DEC08 5.63 1/4 5.31 1/2 5.63 1/4 +0.14 3/4
-CBT MAR09 5.82 1/4 5.50 1/2 5.82 +0.14 3/4
OATS -CBT DEC08 3.47 1/2 3.23 3/4 3.34 1/2 -0.06 1/2
-CBT MAR09 3.62 3.47 1/2 3.52 -0.06 1/2
SOYBEAN -CBT NOV08 12.20 11.60 12.02 +0.25
-CBT JAN09 12.32 11.75 12.18 +0.24 1/4
-CBT MAR09 12.50 11.90 12.32 1/2 +0.25 3/4
SOYOIL -CBT OCT08 48.93 46.98 47.51 -0.89
(¢/lb) -CBT DEC08 49.42 47.50 47.99 -0.90
SOYMEAL -CBT OCT08 343.00 320.50 336.30 +9.10
($/ton) -CBT DEC08 341.50 320.50 334.50 +7.50
FEEDMILL BIDS on Sep 08/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 225.00-280.00 235.00-280.00
-REDDEER N/A N/A
-EDMTN 216.80-257.20 216.80-260.90
OATS -EDMTN N/A N/A
PEAS - EDMTN 183.70-220.50 183.70-220.50
BARLEY-LETH 200.00-220.00 205.00-222.00
-MH/BRKS 204.00-209.00 205.00-209.00
-CALGARY 200.00-221.00 205.00-226.00
-REDDEER 190.00-224.00 200.00-229.00
-VERM 165.30-183.70 160.80-183.70
-EDMTN 179.10-227.00 174.50-232.00
-PEACE R 186.00-197.50 186.00-197.50
CANOLA CRUSHER on Sep 10/2008
-Meal (FOB) 218.00 250.33
-Seed (DEL) 486.23 508.90
ELEVATOR BIDS on Sep 12/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 207.19 212.34
FEED OATS -Red Deer 138.63 146.98
FEED BARLEY-Red Deer 164.29 165.66
RYE -Red Deer 158.00 170.39
FLAXSEED -Brooks 492.89 531.47
CANOLA -Red Deer 455.43 461.29
SPECIAL CROP CASH BIDS on Sep 11/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 320.04 8.71 6.37
FEED 163.88 4.46 4.23
LARGE YELLOW #2 OR BETTER 236.08 6.42 6.33
$/Lb $/Lb
LENTILS #1 LAIRD 778.23 0.35 0.20
#1 ESTON 662.04 0.30 0.19
MUSTARD #1 YELLOW 1096.80 0.50 0.25
#1 BROWN 986.56 0.45 0.20
#1 ORIENTAL 898.38 0.41 0.17
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Sep 11/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 392.55 402.60 414.04 466.99 -11.3%
-CWB #1CWRS VANC* N/A 411.05 423.58 485.04 -12.7%
-#1DNS GREAT FALLS 306.85 315.07 326.07 374.44 -12.9%
-#1DNS PORTLAND N/A 353.19 372.33 402.31 -7.4%
CORN -#2 CHICAGO 203.74 214.52 213.79 183.26 +16.7%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 201.73 205.13 203.83 207.48 -1.8%
-#2 STOCKTON 278.86 350.73 335.25 299.99 +11.8%
SOYBNS-#1 ILLINOIS 473.07 490.24 500.61 440.20 +13.7%
EXCH RATE Sep 11/2008: US$ in CANADA$ 1.0765 CANADA$ IN US$ 0.9289
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Sep 07/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY # 6 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 429.3 1,275.7 1,578.2 -19.2% -3.8%
DURUM N/A 191.7 398.9 -51.9% +18.3%
BARLEY 9.7 47.1 16.3 +189.0% -5.9%
OATS 46.5 249.7 188.3 +32.6% -20.1%
PEAS 127.3 127.3 223.2 -43.0% N/A
FLAXSEED 9.6 59.6 104.8 -43.1% -26.1%
CANOLA-EXPORTS 66.5 573.5 578.0 -0.8% -4.6%
CANOLA-CRUSH 65.6 410.2 403.3 +1.7% +8.6%
U.S. EXPORTS ('000 TONNES) as of Sep 04/2008
WHEAT 582.6 9,399.2 9,364.6 +0.4% -20.9%
BARLEY 20.4 53.8 62.2 -13.5% -39.0%
CORN 401.1 222.7 1,015.3 -78.1% +14.1%
SOYBEANS 38.3 11.8 176.7 -93.3% +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
