Weekly Crop Market Review - October 31, 2008
The next weekly will be published on Friday, November 7, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Oct 31/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK DEC08 177.00 165.10 171.00 +4.90
-SASK MAR09 184.90 179.00 181.00 +5.00
-SASK MAY09 N/A N/A 186.50 +5.00
CANOLA -SASK NOV08 439.90 406.00 413.30 -9.30
-SASK JAN09 448.20 411.60 420.70 -11.40
-SASK MAR09 457.10 421.50 429.60 -11.60
U.S. FUTURES (U.S. $/BUSHEL) as of Oct 31/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC08 5.74 5.10 5.36 1/4 +0.20
-CBT MAR09 5.94 5.31 5.56 3/4 +0.22
WHEAT -MINN DEC08 6.76 3/4 5.96 6.47 1/2 +0.45 3/4
-MINN MAR09 6.65 1/2 5.90 3/4 6.34 1/2 +0.41 1/2
WHEAT -KANS DEC08 6.13 1/4 5.40 5.73 +0.26
-KANS MAR09 6.31 1/4 5.59 1/2 5.90 1/2 +0.26 3/4
CORN -CBT DEC08 4.20 3/4 3.68 3/4 4.01 1/2 +0.28 3/4
-CBT MAR09 4.38 1/4 3.85 4.19 1/4 +0.30 1/2
OATS -CBT DEC08 2.51 1/4 2.19 1/2 2.31 1/2 -0.18 1/2
-CBT MAR09 2.65 1/2 2.45 2.49 1/4 -0.18 1/4
SOYBEAN -CBT NOV08 9.48 3/4 8.62 9.25 1/4 +0.61 1/2
-CBT JAN09 9.58 8.72 9.33 +0.66
-CBT MAR09 9.69 3/4 8.82 9.45 1/4 +0.70 1/4
SOYOIL -CBT DEC08 34.58 30.95 33.60 +2.13
(¢/lb) -CBT JAN09 34.95 31.53 34.08 +2.13
SOYMEAL -CBT DEC08 289.00 265.00 273.00 +4.70
($/ton) -CBT JAN09 289.00 266.00 274.30 +6.60
FEEDMILL BIDS on Oct 27/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 180.00-200.00 180.00-200.00
-REDDEER 170.00-180.00 155.00-180.00
-EDMTN 160.00-183.70 160.00-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN 176.40-192.90 165.30-176.40
BARLEY-LETH 160.00-183.00 160.00-180.00
-MH/BRKS 168.00-170.00 166.00-172.00
-CALGARY 168.00-180.00 160.00-170.00
-REDDEER 162.00-180.00 155.00-175.00
-VERM 137.80-149.30 137.80-149.30
-EDMTN 137.80-180.00 137.80-175.00
-PEACE R 126.30-137.80 126.30-142.40
CANOLA CRUSHER on Oct 29/2008
-Meal (FOB) 240.33 204.50
-Seed (DEL) 405.80 398.73
ELEVATOR BIDS on Oct 31/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 168.83 162.28
FEED OATS -Red Deer 97.24 121.50
FEED BARLEY-Red Deer 151.84 141.85
RYE -Red Deer 159.65 160.25
FLAXSEED -Brooks 398.01 390.92
CANOLA -Red Deer 377.06 376.59
SPECIAL CROP CASH BIDS on Oct 30/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 298.54 8.13 7.71
FEED 155.61 4.23 4.91
LARGE YELLOW #2 OR BETTER 194.19 5.28 6.93
$/Lb $/Lb
LENTILS #1 LAIRD 690.04 0.31 0.23
#1 ESTON 624.68 0.28 0.21
MUSTARD #1 YELLOW 1044.43 0.47 0.50
#1 BROWN 713.74 0.32 0.32
#1 ORIENTAL 823.97 0.37 0.24
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Oct 30/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 396.50 376.30 396.05 466.99 -15.2%
-CWB #1CWRS VANC* 400.47 N/A 409.39 485.04 -15.6%
-#1DNS GREAT FALLS 307.91 285.14 307.94 374.44 -17.8%
-#1DNS PORTLAND 349.31 336.13 346.95 402.31 -13.8%
CORN -#2 CHICAGO 177.90 173.15 197.14 183.26 +7.6%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 134.26 151.57 180.61 207.48 -12.9%
-#2 STOCKTON 287.32 296.21 311.14 299.99 +3.7%
SOYBNS-#1 ILLINOIS 416.66 404.64 454.13 440.20 +3.2%
EXCH RATE Oct 30/2008: US$ in CANADA$ 1.2180 CANADA$ IN US$ 0.8210
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Oct 26/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #13 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 297.4 2,944.1 3,322.7 -11.4% +4.2%
DURUM 28.8 539.0 759.5 -29.0% +18.3%
BARLEY 8.3 204.9 389.7 -47.4% -59.0%
OATS 46.8 576.8 517.8 +11.4% -11.4%
PEAS 48.0 511.6 644.9 -20.7% +9.0%
FLAXSEED 14.4 121.3 148.2 -18.2% -11.6%
CANOLA-EXPORTS 232.3 1,653.2 1,299.7 +27.2% -2.8%
CANOLA-CRUSH 86.4 987.5 904.8 +9.1% +8.6%
U.S. EXPORTS ('000 TONNES) as of Oct 23/2008
WHEAT 595.8 14,233.2 16,005.7 -11.1% -20.9%
BARLEY N/A 163.5 307.1 -46.8% -39.0%
CORN 539.5 6,317.2 8,822.8 -28.4% -19.9%
SOYBEANS 1124.7 3,772.9 4,690.9 -19.6% -12.1%
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
