Weekly Crop Market Review - November 7, 2008
The next weekly will be published on Friday, November 14, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Nov 07/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK DEC08 177.00 165.60 169.40 -1.60
-SASK MAR09 185.00 174.60 178.00 -3.00
-SASK MAY09 186.50 182.70 183.30 -3.20
CANOLA -SASK JAN09 448.10 414.30 429.70 +9.00
-SASK MAR09 457.10 428.10 439.20 +9.60
-SASK MAY09 465.40 438.60 448.60 +10.00
U.S. FUTURES (U.S. $/BUSHEL) as of Nov 07/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC08 5.86 5.14 5.21 -0.15 1/4
-CBT MAR09 6.07 5.35 5.42 -0.14 3/4
WHEAT -MINN DEC08 6.82 6.27 6.40 -0.07 1/2
-MINN MAR09 6.75 6.18 6.27 1/4 -0.07 1/4
WHEAT -KANS DEC08 6.22 1/2 5.59 5.68 -0.05
-KANS MAR09 6.39 5.75 5.84 1/2 -0.06
CORN -CBT DEC08 4.21 1/2 3.74 1/2 3.75 1/2 -0.26
-CBT MAR09 4.38 1/2 3.92 1/2 3.93 1/2 -0.25 3/4
OATS -CBT DEC08 2.45 1/4 2.34 1/2 2.34 1/2 +0.03
-CBT MAR09 2.63 2.50 2.50 1/4 +0.01
SOYBEAN -CBT JAN09 9.81 8.83 9.21 -0.12
-CBT MAR09 9.89 8.96 9.29 1/2 -0.15 3/4
-CBT MAY09 10.02 9.06 9.39 1/2 -0.17 1/4
SOYOIL -CBT DEC08 37.07 33.16 33.90 +0.30
(¢/lb) -CBT JAN09 37.55 33.69 34.36 +0.28
SOYMEAL -CBT DEC08 284.50 258.50 271.70 -1.30
($/ton) -CBT JAN09 285.00 260.50 273.20 -1.10
FEEDMILL BIDS on Nov 03/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 185.00-200.00 180.00-200.00
-REDDEER 165.00-180.00 170.00-180.00
-EDMTN 160.00-183.70 160.00-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN 176.40-192.90 176.40-192.90
BARLEY-LETH 160.00-190.00 160.00-183.00
-MH/BRKS 170.00-173.00 168.00-170.00
-CALGARY 165.00-190.00 168.00-180.00
-REDDEER 155.00-190.00 162.00-180.00
-VERM 137.80-149.30 137.80-149.30
-EDMTN 137.80-190.00 137.80-180.00
-PEACE R 128.60-140.10 126.30-137.80
CANOLA CRUSHER on Nov 05/2008
-Meal (FOB) 220.64 240.33
-Seed (DEL) 403.47 405.80
ELEVATOR BIDS on Nov 07/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 162.22 168.83
FEED OATS -Red Deer 103.62 97.24
FEED BARLEY-Red Deer 147.34 151.84
RYE -Red Deer 159.75 159.65
FLAXSEED -Brooks 433.84 398.01
CANOLA -Red Deer 407.99 377.06
SPECIAL CROP CASH BIDS on Nov 06/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 298.54 8.13 9.04
FEED 155.61 4.23 4.91
LARGE YELLOW #2 OR BETTER 204.85 5.57 6.90
$/Lb $/Lb
LENTILS #1 LAIRD 672.41 0.30 0.23
#1 ESTON 624.68 0.28 0.21
MUSTARD #1 YELLOW 989.32 0.45 0.50
#1 BROWN 713.74 0.32 0.32
#1 ORIENTAL 823.97 0.37 0.24
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Nov 06/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 376.75 396.50 394.76 466.99 -15.5%
-CWB #1CWRS VANC* N/A 400.47 409.39 485.04 -15.6%
-#1DNS GREAT FALLS 288.32 307.91 306.63 374.44 -18.1%
-#1DNS PORTLAND 336.92 349.31 345.95 402.31 -14.0%
CORN -#2 CHICAGO 160.91 177.90 194.73 183.26 +6.3%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 127.41 134.26 177.07 207.48 -14.7%
-#2 STOCKTON 281.09 287.32 309.13 299.99 +3.0%
SOYBNS-#1 ILLINOIS 391.65 416.66 449.96 440.20 +2.2%
EXCH RATE Nov 06/2008: US$ in CANADA$ 1.1916 CANADA$ IN US$ 0.8392
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Nov 02/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #14 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 171.7 3,115.8 3,526.1 -11.6% +4.2%
DURUM 73.2 612.2 812.0 -24.6% +18.3%
BARLEY 2.6 207.5 536.2 -61.3% -59.0%
OATS 26.5 603.3 588.3 +2.5% -11.4%
PEAS 36.7 548.3 668.9 -18.0% +9.0%
FLAXSEED 20.3 141.6 168.2 -15.8% -11.6%
CANOLA-EXPORTS 158.1 1,811.3 1,419.9 +27.6% -2.8%
CANOLA-CRUSH 87.3 1,074.8 992.2 +8.3% +8.6%
U.S. EXPORTS ('000 TONNES) as of Oct 30/2008
WHEAT 360.4 14,606.2 16,804.2 -13.1% -20.9%
BARLEY N/A 167.1 337.1 -50.4% -39.0%
CORN 438.0 6,889.8 10,389.8 -33.7% -19.9%
SOYBEANS 1344.4 5,264.3 5,335.0 -1.3% -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
