Weekly Crop Market Review - October 10, 2008
The next weekly will be published on Friday, October 17, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Oct 10/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK DEC08 185.00 166.00 168.50 -16.80
-SASK MAR09 195.00 174.90 174.90 -20.30
-SASK MAY09 N/A N/A 189.30 -11.40
CANOLA -SASK NOV08 446.10 391.00 414.40 -15.60
-SASK JAN09 455.70 401.00 423.40 -16.30
-SASK MAR09 465.20 411.40 432.30 -17.30
U.S. FUTURES (U.S. $/BUSHEL) as of Oct 10/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC08 6.21 5.58 5.63 1/2 -0.76 3/4
-CBT MAR09 6.40 5.83 5.83 3/4 -0.78
WHEAT -MINN DEC08 6.82 6.33 6.39 1/4 -0.63 1/2
-MINN MAR09 6.97 6.45 6.48 3/4 -0.70
WHEAT -KANS DEC08 6.53 5.95 6.05 -0.65 1/2
-KANS MAR09 6.72 6.19 6.23 1/2 -0.66 1/2
CORN -CBT DEC08 4.42 1/2 4.08 4.08 1/4 -0.45 3/4
-CBT MAR09 4.59 4.25 4.25 3/4 -0.46 3/4
OATS -CBT DEC08 3.02 1/2 2.78 1/2 2.78 1/2 -0.35 1/2
-CBT MAR09 3.23 1/4 2.98 2.95 1/2 -0.36
SOYBEAN -CBT NOV08 9.88 1/2 9.10 9.10 -0.82
-CBT JAN09 10.03 9.25 1/2 9.25 1/2 -0.83
-CBT MAR09 10.18 9.39 1/2 9.39 1/2 -0.82
SOYOIL -CBT DEC08 40.90 37.29 37.29 -5.21
(¢/lb) -CBT JAN09 41.33 37.82 37.82 -5.17
SOYMEAL -CBT DEC08 279.00 249.80 256.00 -13.80
($/ton) -CBT JAN09 281.00 253.00 258.70 -13.90
FEEDMILL BIDS on Oct 06/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 200.00-220.00 200.00-220.00
-REDDEER N/A N/A
-EDMTN 213.10-224.10 216.80-224.10
OATS -EDMTN N/A N/A
PEAS - EDMTN 187.40-220.50 187.40-220.50
BARLEY-LETH 180.30-188.00 185.00-195.00
-MH/BRKS 175.00-187.00 175.00-190.00
-CALGARY 174.50-188.00 174.50-195.00
-REDDEER 180.00-190.00 180.00-195.00
-VERM 165.30-174.50 165.30-179.10
-EDMTN 174.50-188.00 174.50-195.00
-PEACE R 160.80-174.50 160.80-179.10
CANOLA CRUSHER on Oct 08/2008
-Meal (FOB) 182.82 185.71
-Seed (DEL) 389.51 398.14
ELEVATOR BIDS on Oct 10/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 174.81 184.81
FEED OATS -Red Deer 138.03 142.02
FEED BARLEY-Red Deer 130.67 153.67
RYE -Red Deer 160.50 161.25
FLAXSEED -Brooks 331.87 355.89
CANOLA -Red Deer 370.69 383.87
SPECIAL CROP CASH BIDS on Oct 09/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 310.12 8.44 7.11
FEED 156.34 4.25 4.78
LARGE YELLOW #2 OR BETTER 208.52 5.67 6.77
$/Lb $/Lb
LENTILS #1 LAIRD 751.77 0.34 0.23
#1 ESTON 692.25 0.31 0.20
MUSTARD #1 YELLOW 1041.68 0.47 0.45
#1 BROWN 821.22 0.37 0.30
#1 ORIENTAL 898.38 0.41 0.21
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 09/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 363.55 367.70 400.34 466.99 -14.3%
-CWB #1CWRS VANC* N/A N/A 423.58 485.04 -12.7%
-#1DNS GREAT FALLS 275.34 284.90 312.39 374.44 -16.6%
-#1DNS PORTLAND 305.44 315.85 351.77 402.31 -12.6%
CORN -#2 CHICAGO 175.13 171.76 204.53 183.26 +11.6%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 156.62 160.70 190.45 207.48 -8.2%
-#2 STOCKTON 296.81 279.74 315.12 299.99 +5.0%
SOYBNS-#1 ILLINOIS 401.01 383.50 469.79 440.20 +6.7%
EXCH RATE Oct 09/2008: US$ in CANADA$ 1.1458 CANADA$ IN US$ 0.8728
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Oct 05/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #10 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 306.1 2,064.1 2,650.4 -22.1% +4.2%
DURUM 55.7 330.2 553.3 -40.3% +18.3%
BARLEY 35.4 152.6 223.2 -31.6% -59.0%
OATS 42.6 432.2 384.3 +12.5% -11.4%
PEAS 18.8 419.7 521.2 -19.5% +9.0%
FLAXSEED 8.6 82.7 131.5 -37.1% -11.6%
CANOLA-EXPORTS 117.2 1,074.9 1,045.9 +2.8% -2.8%
CANOLA-CRUSH 83.4 733.2 675.6 +8.5% +8.6%
U.S. EXPORTS ('000 TONNES) as of Oct 02/2008
WHEAT 705.4 12,294.3 13,416.1 -8.4% -20.9%
BARLEY 8.0 156.1 162.4 -3.9% -39.0%
CORN 851.7 4,091.8 5,451.9 -24.9% -17.5%
SOYBEANS 331.3 875.0 1,943.4 -55.0% -13.4%
NOPA SOYBEAN Month Ending: Aug 31/2008
SOYBEAN CRUSH 3311.6 46,515.9 46,838.6 -0.7% -1.7%
* From Canadian Grain Commission Calendar
