Weekly Crop Market Review - October 24, 2008
The next weekly will be published on Friday, October 31, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Oct 24/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK DEC08 173.00 165.00 166.10 +0.00
-SASK MAR09 180.50 174.60 176.00 +0.40
-SASK MAY09 N/A N/A 181.50 +0.40
CANOLA -SASK NOV08 433.90 402.00 422.60 +14.60
-SASK JAN09 442.70 410.40 432.10 +14.50
-SASK MAR09 450.80 419.40 441.20 +14.40
U.S. FUTURES (U.S. $/BUSHEL) as of Oct 24/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC08 5.74 5.03 5.16 1/4 -0.50
-CBT MAR09 5.93 1/2 5.25 5.34 3/4 -0.51 3/4
WHEAT -MINN DEC08 6.46 5.89 6.01 3/4 -0.38 1/2
-MINN MAR09 6.45 5.83 5.93 -0.50 1/2
WHEAT -KANS DEC08 6.05 5.33 5.47 -0.50 1/2
-KANS MAR09 6.21 5.50 5.63 3/4 -0.50 3/4
CORN -CBT DEC08 4.20 3.72 1/2 3.72 3/4 -0.30 1/4
-CBT MAR09 4.37 1/4 3.88 3.88 3/4 -0.31 3/4
OATS -CBT DEC08 2.88 3/4 2.50 2.50 -0.32
-CBT MAR09 3.07 2.67 1/2 2.67 1/2 -0.31 1/2
SOYBEAN -CBT NOV08 9.34 8.45 8.63 3/4 -0.30 1/4
-CBT JAN09 9.45 8.49 8.67 -0.39 3/4
-CBT MAR09 9.56 8.57 8.75 -0.41 3/4
SOYOIL -CBT DEC08 37.63 30.70 31.47 -4.03
(¢/lb) -CBT JAN09 38.10 31.40 31.95 -4.06
SOYMEAL -CBT DEC08 276.50 251.50 268.30 +10.10
($/ton) -CBT JAN09 275.00 254.00 267.70 +7.90
FEEDMILL BIDS on Oct 20/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 180.00-200.00 180.00-200.00
-REDDEER 155.00-180.00 180.00-200.00
-EDMTN 160.00-183.70 183.70-220.50
OATS -EDMTN N/A N/A
PEAS - EDMTN 165.30-176.40 165.30-183.70
BARLEY-LETH 160.00-180.00 160.00-180.00
-MH/BRKS 166.00-172.00 166.00-175.00
-CALGARY 160.00-170.00 160.00-180.00
-REDDEER 155.00-175.00 160.00-180.00
-VERM 137.80-149.30 137.80-149.30
-EDMTN 137.80-175.00 137.80-180.00
-PEACE R 126.30-142.40 126.30-147.00
CANOLA CRUSHER on Oct 22/2008
-Meal (FOB) 204.50 172.10
-Seed (DEL) 398.73 367.03
ELEVATOR BIDS on Oct 24/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 162.28 164.78
FEED OATS -Red Deer 121.50 118.59
FEED BARLEY-Red Deer 141.85 147.50
RYE -Red Deer 160.25 161.30
FLAXSEED -Brooks 390.92 338.56
CANOLA -Red Deer 376.59 360.49
SPECIAL CROP CASH BIDS on Oct 23/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 296.34 8.06 7.59
FEED 151.75 4.13 4.91
LARGE YELLOW #2 OR BETTER 191.25 5.21 6.87
$/Lb $/Lb
LENTILS #1 LAIRD 705.48 0.32 0.23
#1 ESTON 657.75 0.30 0.20
MUSTARD #1 YELLOW 1041.68 0.47 0.50
#1 BROWN 705.47 0.32 0.31
#1 ORIENTAL 898.38 0.41 0.24
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 23/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 376.30 368.10 396.01 466.99 -15.2%
-CWB #1CWRS VANC* N/A 375.75 411.62 485.04 -15.1%
-#1DNS GREAT FALLS 285.14 281.77 307.94 374.44 -17.8%
-#1DNS PORTLAND 336.13 326.49 346.66 402.31 -13.8%
CORN -#2 CHICAGO 173.15 159.09 198.62 183.26 +8.4%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 151.57 147.83 184.18 207.48 -11.2%
-#2 STOCKTON 296.21 306.09 312.97 299.99 +4.3%
SOYBNS-#1 ILLINOIS 404.64 368.82 457.01 440.20 +3.8%
EXCH RATE Oct 23/2008: US$ in CANADA$ 1.2557 CANADA$ IN US$ 0.7964
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Oct 19/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #12 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 270.4 2,639.1 3,041.8 -13.2% +4.2%
DURUM 167.7 513.0 663.6 -22.7% +18.3%
BARLEY 38.2 193.5 357.5 -45.9% -59.0%
OATS 50.6 530.0 473.8 +11.9% -11.4%
PEAS 27.5 463.6 587.7 -21.1% +9.0%
FLAXSEED 19.7 106.9 142.6 -25.0% -11.6%
CANOLA-EXPORTS 142.2 1,420.9 1,219.3 +16.5% -2.8%
CANOLA-CRUSH 84.0 901.1 823.9 +9.4% +8.6%
U.S. EXPORTS ('000 TONNES) as of Oct 16/2008
WHEAT 437.2 13,561.6 15,137.7 -10.4% -20.9%
BARLEY 4.2 163.0 257.3 -36.7% -39.0%
CORN 682.6 5,686.5 7,659.4 -25.8% -17.9%
SOYBEANS 758.1 2,068.9 3,764.9 -45.0% -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
