Weekly Crop Market Review - November 28, 2008
The next weekly will be published on Friday, December 5, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Nov 28/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK DEC08 150.00 134.00 136.50 -4.30
-SASK MAR09 159.50 145.00 149.50 -0.30
-SASK MAY09 161.00 151.60 155.10 -0.40
CANOLA -SASK JAN09 420.00 395.00 400.90 -12.20
-SASK MAR09 426.30 404.00 409.90 -12.20
-SASK MAY09 434.50 414.80 419.00 -12.30
U.S. FUTURES (U.S. $/BUSHEL) as of Nov 28/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT DEC08 5.46 5.12 5.42 1/2 +0.43 1/2
-CBT MAR09 5.78 5.25 5.61 1/4 +0.43 1/4
WHEAT -MINN DEC08 6.24 5.96 5.99 1/2 +0.13
-MINN MAR09 6.50 5.97 6.10 3/4 +0.18 3/4
WHEAT -KANS DEC08 5.85 5.41 1/2 5.63 +0.29 1/2
-KANS MAR09 6.00 5.56 5.81 1/2 +0.33
CORN -CBT DEC08 3.61 3.46 3.49 1/2 +0.11
-CBT MAR09 3.77 3/4 3.62 3.65 3/4 +0.11 1/2
OATS -CBT DEC08 2.14 1/4 1.99 2.01 1/2 +0.00 3/4
-CBT MAR09 2.31 2.14 2.17 +0.00 1/4
SOYBEAN -CBT JAN09 8.99 1/2 8.58 8.83 +0.43
-CBT MAR09 9.06 3/4 8.67 8.91 +0.43 3/4
-CBT MAY09 9.15 8.78 9.00 +0.44 1/4
SOYOIL -CBT DEC08 33.10 31.75 32.58 +1.88
(¢/lb) -CBT JAN09 33.55 32.05 32.90 +1.84
SOYMEAL -CBT DEC08 268.00 254.50 256.00 +6.10
($/ton) -CBT JAN09 264.50 254.50 254.30 +3.80
FEEDMILL BIDS on Nov 24/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-200.00 185.00-205.00
-REDDEER 169.00-170.00 170.00-180.00
-EDMTN 163.10-183.70 163.00-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN 176.40-220.00 176.40-192.90
BARLEY-LETH 160.00-190.00 179.00-190.00
-MH/BRKS 165.00-179.10 171.00-182.00
-CALGARY 165.00-179.10 175.00-188.00
-REDDEER 156.20-188.00 165.00-188.00
-VERM 137.80-153.90 140.10-149.30
-EDMTN 133.20-145.00 133.00-188.00
-PEACE R 128.60-137.80 137.80-140.10
CANOLA CRUSHER on Nov 26/2008
-Meal (FOB) 232.67 230.80
-Seed (DEL) 392.33 403.83
ELEVATOR BIDS on Nov 28/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 159.78 165.17
FEED OATS -Red Deer 83.13 99.49
FEED BARLEY-Red Deer 109.44 132.00
RYE -Red Deer 158.50 157.60
FLAXSEED -Brooks 411.79 438.17
CANOLA -Red Deer 360.14 378.32
SPECIAL CROP CASH BIDS on Nov 27/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 296.34 8.07 9.09
FEED 139.44 3.79 4.91
LARGE YELLOW #2 OR BETTER 201.35 5.48 8.27
$/Lb $/Lb
LENTILS #1 LAIRD 582.57 0.26 0.25
#1 ESTON 530.76 0.24 0.21
MUSTARD #1 YELLOW 934.20 0.42 0.46
#1 BROWN 735.79 0.33 0.33
#1 ORIENTAL 848.77 0.38 0.24
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Nov 27/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 395.05 395.55 395.56 466.99 -15.3%
-CWB #1CWRS VANC* N/A N/A 409.39 485.04 -15.6%
-#1DNS GREAT FALLS 284.98 299.43 305.23 374.44 -18.5%
-#1DNS PORTLAND 340.40 357.65 347.43 402.31 -13.6%
CORN -#2 CHICAGO 161.63 175.05 190.17 183.26 +3.8%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 135.03 141.87 170.13 207.48 -18.0%
-#2 STOCKTON 276.84 305.13 305.82 299.99 +1.9%
SOYBNS-#1 ILLINOIS 399.65 403.27 441.47 440.20 +0.3%
EXCH RATE Nov 27/2008: US$ in CANADA$ 1.2311 CANADA$ IN US$ 0.8123
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Nov 23/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #17 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 224.5 3,911.0 4,235.6 -7.7% +4.2%
DURUM 136.1 955.9 1,023.6 -6.6% +18.3%
BARLEY 10.1 386.4 837.8 -53.9% -59.0%
OATS 21.5 690.6 714.0 -3.3% -11.4%
PEAS 42.3 590.6 851.0 -30.6% +9.0%
FLAXSEED 46.7 212.4 241.5 -12.0% -11.6%
CANOLA-EXPORTS 226.8 2,324.8 1,619.5 +43.6% -2.8%
CANOLA-CRUSH 83.0 1,319.9 1,234.6 +6.9% +8.6%
U.S. EXPORTS ('000 TONNES) as of Nov 20/2008
WHEAT 607.0 16,044.1 18,706.1 -14.2% -20.9%
BARLEY 29.8 213.7 440.0 -51.4% -39.0%
CORN 730.0 9,214.7 14,778.6 -37.6% -22.0%
SOYBEANS 987.3 8,420.2 7,754.1 +8.6% -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