Weekly Crop Market Review - October 17, 2008
The next weekly will be published on Friday, October 24, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Oct 17/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK DEC08 175.50 165.00 166.10 -2.40
-SASK MAR09 185.00 173.50 175.60 +0.70
-SASK MAY09 N/A N/A 181.10 -8.20
CANOLA -SASK NOV08 443.30 366.80 408.00 -6.40
-SASK JAN09 452.00 377.80 417.60 -5.80
-SASK MAR09 460.70 385.50 426.80 -5.50
U.S. FUTURES (U.S. $/BUSHEL) as of Oct 17/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC08 5.98 5.43 5.66 1/4 +0.02 3/4
-CBT MAR09 6.17 5.66 5.86 1/2 +0.02 3/4
WHEAT -MINN DEC08 7.10 6.22 6.40 1/4 +0.01
-MINN MAR09 6.80 6.27 6.43 1/2 -0.05 1/4
WHEAT -KANS DEC08 6.37 5.78 5.97 1/2 -0.07 1/2
-KANS MAR09 6.56 5.94 1/2 6.14 1/2 -0.09
CORN -CBT DEC08 4.23 1/2 3.71 1/2 4.03 -0.05 1/4
-CBT MAR09 4.41 3.88 1/2 4.20 1/2 -0.05 1/4
OATS -CBT DEC08 3.01 1/2 2.71 2.82 +0.03 1/2
-CBT MAR09 3.12 1/2 2.97 2.99 +0.03 1/2
SOYBEAN -CBT NOV08 9.41 8.25 8.94 -0.16
-CBT JAN09 9.56 8.38 9.06 3/4 -0.18 3/4
-CBT MAR09 9.69 1/2 8.50 9.16 3/4 -0.22 3/4
SOYOIL -CBT DEC08 39.35 33.95 35.50 -1.79
(¢/lb) -CBT JAN09 39.83 34.65 36.01 -1.81
SOYMEAL -CBT DEC08 263.00 237.00 258.20 +2.20
($/ton) -CBT JAN09 264.50 239.50 259.80 +1.10
FEEDMILL BIDS on Oct 13/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 180.00-200.00 200.00-220.00
-REDDEER 180.00-200.00 N/A
-EDMTN 183.70-220.50 213.10-224.10
OATS -EDMTN N/A N/A
PEAS - EDMTN 165.30-183.70 187.40-220.50
BARLEY-LETH 160.00-180.00 180.30-188.00
-MH/BRKS 166.00-175.00 175.00-187.00
-CALGARY 160.00-180.00 174.50-188.00
-REDDEER 160.00-180.00 180.00-190.00
-VERM 137.80-149.30 165.30-174.50
-EDMTN 137.80-180.00 174.50-188.00
-PEACE R 126.30-147.00 160.80-174.50
CANOLA CRUSHER on Oct 15/2008
-Meal (FOB) 172.10 182.82
-Seed (DEL) 367.03 389.51
ELEVATOR BIDS on Oct 17/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 164.78 174.81
FEED OATS -Red Deer 118.59 138.03
FEED BARLEY-Red Deer 147.50 130.67
RYE -Red Deer 161.30 160.50
FLAXSEED -Brooks 338.56 331.87
CANOLA -Red Deer 360.49 370.69
SPECIAL CROP CASH BIDS on Oct 16/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 305.52 8.31 7.14
FEED 151.75 4.13 4.91
LARGE YELLOW #2 OR BETTER 198.05 5.39 6.79
$/Lb $/Lb
LENTILS #1 LAIRD 718.70 0.33 0.23
#1 ESTON 687.84 0.31 0.21
MUSTARD #1 YELLOW 1041.68 0.47 0.49
#1 BROWN 821.22 0.37 0.31
#1 ORIENTAL 898.38 0.41 0.24
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 16/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 368.10 363.55 397.65 466.99 -14.8%
-CWB #1CWRS VANC* 375.75 N/A 411.62 485.04 -15.1%
-#1DNS GREAT FALLS 281.77 275.34 309.84 374.44 -17.3%
-#1DNS PORTLAND 326.49 305.44 348.16 402.31 -13.5%
CORN -#2 CHICAGO 159.09 175.13 200.75 183.26 +9.5%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 147.83 156.62 186.90 207.48 -9.9%
-#2 STOCKTON 306.09 296.81 314.36 299.99 +4.8%
SOYBNS-#1 ILLINOIS 368.82 401.01 461.37 440.20 +4.8%
EXCH RATE Oct 16/2008: US$ in CANADA$ 1.1816 CANADA$ IN US$ 0.8463
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Oct 12/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #11 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 304.6 2,368.7 2,867.4 -17.4% +4.2%
DURUM 15.1 345.3 596.5 -42.1% +18.3%
BARLEY 2.7 155.3 306.0 -49.2% -59.0%
OATS 47.2 479.4 430.2 +11.4% -11.4%
PEAS 16.4 436.1 521.2 -16.3% +9.0%
FLAXSEED 4.5 87.2 138.2 -36.9% -11.6%
CANOLA-EXPORTS 203.8 1,278.7 1,138.2 +12.3% -2.8%
CANOLA-CRUSH 83.9 817.2 746.1 +9.5% +8.6%
U.S. EXPORTS ('000 TONNES) as of Oct 09/2008
WHEAT 600.3 13,059.4 14,373.3 -9.1% -20.9%
BARLEY 2.2 158.3 170.0 -6.9% -39.0%
CORN 740.0 4,932.8 6,577.1 -25.0% -17.9%
SOYBEANS 360.3 1,288.7 2,970.8 -56.6% -9.5%
NOPA SOYBEAN Month Ending: Aug 31/2008
SOYBEAN CRUSH 3311.6 46,515.9 46,838.6 -0.7% -2.3%
* From Canadian Grain Commission Calendar
