Weekly Crop Market Review - November 14, 2008
The next weekly will be published on Friday, November 21, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Nov 14/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK DEC08 170.50 162.10 163.50 -5.90
-SASK MAR09 179.00 170.10 171.70 -6.30
-SASK MAY09 N/A N/A 177.30 -6.00
CANOLA -SASK JAN09 444.50 412.40 413.00 -16.70
-SASK MAR09 453.40 421.80 422.50 -16.70
-SASK MAY09 458.20 431.50 431.70 -16.90
U.S. FUTURES (U.S. $/BUSHEL) as of Nov 14/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC08 5.62 5.06 5.54 1/4 +0.33 1/4
-CBT MAR09 5.87 5.27 1/2 5.74 1/2 +0.32 1/2
WHEAT -MINN DEC08 6.74 6.30 6.57 1/2 +0.17 1/2
-MINN MAR09 6.66 6.11 6.53 1/4 +0.26
WHEAT -KANS DEC08 6.06 5.50 5.93 1/4 +0.25 1/4
-KANS MAR09 6.23 5.66 6.07 1/2 +0.23
CORN -CBT DEC08 3.85 1/2 3.60 1/4 3.80 1/4 +0.04 3/4
-CBT MAR09 4.03 1/2 3.78 3.97 +0.03 1/2
OATS -CBT DEC08 2.43 2.15 1/2 2.15 1/2 -0.19
-CBT MAR09 2.51 1/2 2.31 1/2 2.31 1/2 -0.18 3/4
SOYBEAN -CBT JAN09 9.48 1/2 8.73 8.96 -0.25
-CBT MAR09 9.58 8.84 9.05 -0.24 1/2
-CBT MAY09 9.67 1/2 8.93 9.15 3/4 -0.23 3/4
SOYOIL -CBT DEC08 35.52 31.95 32.60 -1.30
(¢/lb) -CBT JAN09 35.82 32.30 32.97 -1.39
SOYMEAL -CBT DEC08 275.70 260.40 265.50 -6.20
($/ton) -CBT JAN09 277.00 262.00 266.80 -6.40
FEEDMILL BIDS on Nov 10/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 185.00-205.00 185.00-200.00
-REDDEER 175.00-180.00 165.00-180.00
-EDMTN 165.00-183.70 160.00-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN 176.40-192.90 176.40-192.90
BARLEY-LETH 172.00-190.00 160.00-190.00
-MH/BRKS 170.00-173.00 170.00-173.00
-CALGARY 170.00-188.00 165.00-190.00
-REDDEER 165.00-188.00 155.00-190.00
-VERM 140.10-149.30 137.80-149.30
-EDMTN 140.10-188.00 137.80-190.00
-PEACE R 133.20-140.10 128.60-140.10
CANOLA CRUSHER on Nov 12/2008
-Meal (FOB) 227.53 220.64
-Seed (DEL) 411.27 403.47
ELEVATOR BIDS on Nov 14/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 165.17 162.22
FEED OATS -Red Deer 100.52 103.62
FEED BARLEY-Red Deer 141.28 147.34
RYE -Red Deer 157.60 159.75
FLAXSEED -Brooks 440.92 433.84
CANOLA -Red Deer 381.67 407.99
SPECIAL CROP CASH BIDS on Nov 13/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 303.14 8.25 9.09
FEED 144.77 3.94 4.91
LARGE YELLOW #2 OR BETTER 225.79 6.14 7.43
$/Lb $/Lb
LENTILS #1 LAIRD 619.50 0.28 0.25
#1 ESTON 568.79 0.26 0.21
MUSTARD #1 YELLOW 934.20 0.42 0.47
#1 BROWN 680.67 0.31 0.32
#1 ORIENTAL 823.97 0.37 0.24
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Nov 13/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 408.15 376.75 395.60 466.99 -15.3%
-CWB #1CWRS VANC* N/A N/A 409.39 485.04 -15.6%
-#1DNS GREAT FALLS 310.27 288.32 306.86 374.44 -18.0%
-#1DNS PORTLAND 359.02 336.92 347.14 402.31 -13.7%
CORN -#2 CHICAGO 165.50 160.91 192.90 183.26 +5.3%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 129.54 127.41 174.10 207.48 -16.1%
-#2 STOCKTON 285.79 281.09 307.67 299.99 +2.6%
SOYBNS-#1 ILLINOIS 394.18 391.65 446.47 440.20 +1.4%
EXCH RATE Nov 13/2008: US$ in CANADA$ 1.2115 CANADA$ IN US$ 0.8254
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Nov 09/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #15 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 326.2 3,442.0 3,806.1 -9.6% +4.2%
DURUM 47.3 659.5 925.4 -28.7% +18.3%
BARLEY 38.6 246.1 614.2 -59.9% -59.0%
OATS 24.5 627.8 629.3 -0.2% -11.4%
PEAS N/A 548.3 705.7 -22.3% +9.0%
FLAXSEED 23.8 165.4 188.1 -12.1% -11.6%
CANOLA-EXPORTS 180.7 1,992.0 1,506.2 +32.3% -2.8%
CANOLA-CRUSH 79.8 1,154.7 1,073.8 +7.5% +8.6%
U.S. EXPORTS ('000 TONNES) as of Nov 06/2008
WHEAT 348.4 15,010.8 17,455.9 -14.0% -20.9%
BARLEY .5 181.4 369.6 -50.9% -39.0%
CORN 628.6 7,652.1 11,890.1 -35.6% -22.0%
SOYBEANS 920.5 6,267.5 6,066.2 +3.3% -12.1%
NOPA SOYBEAN Month Ending: Sep 30/2008
SOYBEAN CRUSH 3276.1 3,276.1 3,805.5 -13.9% -3.1%
* From Canadian Grain Commission Calendar
