Weekly Crop Market Review - January 2, 2009
The next weekly will be published on Friday, January 9, 2009
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Jan 02/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK MAR09 160.00 149.60 151.00 +0.40
-SASK MAY09 163.00 157.00 158.50 +0.90
-SASK JUL09 N/A N/A 163.00 +0.90
CANOLA -SASK MAR09 423.60 402.70 419.00 +13.30
-SASK MAY09 431.50 413.50 427.20 +12.80
-SASK JUL09 439.10 420.90 435.40 +12.30
U.S. FUTURES (U.S. $/BUSHEL) as of Jan 02/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR09 6.15 5.85 1/2 6.11 N/A
-CBT MAY09 6.27 5.99 6.23 3/4 N/A
WHEAT -MINN MAR09 6.40 6.19 3/4 6.55 1/4 +0.02 1/4
-MINN MAY09 6.40 6.20 6.60 1/4 +0.08
WHEAT -KANS MAR09 6.36 6.05 6.33 1/2 N/A
-KANS MAY09 6.46 6.20 1/2 6.45 N/A
CORN -CBT MAR09 4.21 3.86 4.12 1/4 +0.00
-CBT MAY09 4.31 3.99 4.22 3/4 +0.00 1/4
OATS -CBT MAR09 2.35 1/2 2.10 2.12 -0.19
-CBT MAY09 2.27 1/2 2.20 2.21 1/4 -0.18 3/4
SOYBEAN -CBT MAR09 9.93 9.36 1/2 9.77 N/A
-CBT MAY09 10.00 9.52 9.88 1/2 N/A
-CBT JUL09 10.14 9.61 10.00 N/A
SOYOIL -CBT MAR09 34.50 32.08 33.88 N/A
(¢/lb) -CBT MAY09 34.85 32.50 34.22 N/A
SOYMEAL -CBT MAR09 305.30 290.80 300.20 +3.20
($/ton) -CBT MAY09 306.00 293.00 302.20 +2.90
FEEDMILL BIDS on Dec 29/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 180.00-190.00 170.00-185.00
-REDDEER 158.00-170.00 158.00-170.00
-EDMTN 163.10-180.00 163.10-170.00
OATS -EDMTN N/A 129.70-130.00
PEAS - EDMTN 192.90-213.10 192.90-213.10
BARLEY-LETH 160.00-178.00 160.00-172.00
-MH/BRKS 151.00-165.00 151.00-165.00
-CALGARY 147.00-160.00 147.00-160.00
-REDDEER 141.00-145.00 140.10-160.00
-VERM 133.20-142.40 N/A
-EDMTN 114.80-160.00 114.80-160.00
-PEACE R 130.90-137.80 130.90-137.80
CANOLA CRUSHER on Dec 31/2008
-Meal (FOB) 290.00 275.55
-Seed (DEL) 405.00 395.67
ELEVATOR BIDS on Jan 02/2009 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 154.28 154.90
FEED OATS -Red Deer 98.25 90.53
FEED BARLEY-Red Deer 149.06 148.81
RYE -Red Deer 150.25 N/A
FLAXSEED -Brooks 353.13 N/A
CANOLA -Red Deer 399.24 384.13
SPECIAL CROP CASH BIDS on Jan 01/2009
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 261.80 7.12 9.46
FEED 139.44 3.79 4.91
LARGE YELLOW #2 OR BETTER 190.89 5.20 8.93
$/Lb $/Lb
LENTILS #1 LAIRD 484.46 0.22 0.25
#1 ESTON 504.31 0.23 0.21
MUSTARD #1 YELLOW 912.16 0.41 0.50
#1 BROWN 631.07 0.29 0.35
#1 ORIENTAL 834.99 0.38 0.24
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Jan 01/2009
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 420.55 417.10 398.68 466.99 -14.6%
-CWB #1CWRS VANC* N/A N/A 405.66 485.04 -16.4%
-#1DNS GREAT FALLS N/A 313.24 304.02 374.44 -18.8%
-#1DNS PORTLAND N/A N/A 345.66 402.31 -14.1%
CORN -#2 CHICAGO 180.77 173.52 184.61 183.26 +0.7%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 112.11 N/A 159.75 207.48 -23.0%
-#2 STOCKTON 248.38 246.59 296.11 299.99 -1.3%
SOYBNS-#1 ILLINOIS 438.03 410.20 432.77 440.20 -1.7%
EXCH RATE Jan 01/2009: US$ in CANADA$ 1.2180 CANADA$ IN US$ 0.8210
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 21/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #21 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 235.3 5,057.1 N/A N/A +12.2%
DURUM 78.9 1,134.5 N/A N/A +18.3%
BARLEY 30.7 461.3 N/A N/A -59.2%
OATS 20.1 807.3 N/A N/A -7.0%
PEAS 21.0 750.3 N/A N/A +9.0%
FLAXSEED 22.9 320.1 N/A N/A +0.2%
CANOLA-EXPORTS 163.5 2,858.8 N/A N/A +6.0%
CANOLA-CRUSH 84.2 1,649.1 1,557.7 +5.9% +8.6%
U.S. EXPORTS ('000 TONNES) as of Dec 25/2008
WHEAT 96.5 17,811.8 21,364.5 -16.6% -20.9%
BARLEY 4.1 227.3 512.5 -55.6% -51.2%
CORN 569.3 13,075.7 20,930.8 -37.5% -26.1%
SOYBEANS 832.6 13,426.1 11,997.6 +11.9% -9.6%
NOPA SOYBEAN Month Ending: Oct 31/2008
SOYBEAN CRUSH 3902.6 7,178.7 8,023.2 -10.5% -4.8%
* From Canadian Grain Commission Calendar
