Weekly Crop Market Review - February 6, 2009
The next weekly will be published on Friday, February 13, 2009
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Feb 06/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK MAR09 149.00 137.00 145.60 +5.90
-SASK MAY09 155.00 142.60 152.10 +6.00
-SASK JUL09 N/A N/A 156.70 +6.00
CANOLA -SASK MAR09 435.20 413.00 429.60 +9.90
-SASK MAY09 443.20 421.00 437.40 +9.90
-SASK JUL09 449.10 428.10 444.30 +9.80
U.S. FUTURES (U.S. $/BUSHEL) as of Feb 06/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR09 5.70 1/2 5.39 5.57 -0.11
-CBT MAY09 5.82 5.53 5.70 -0.10 3/4
WHEAT -MINN MAR09 6.63 1/2 6.40 6.54 3/4 +0.02 3/4
-MINN MAY09 6.47 3/4 6.31 6.41 -0.05
WHEAT -KANS MAR09 6.02 5.70 5.86 1/2 -0.14 1/2
-KANS MAY09 6.13 1/2 5.82 1/4 5.97 1/2 -0.14 3/4
CORN -CBT MAR09 3.80 1/2 3.56 3.77 1/4 -0.01 3/4
-CBT MAY09 3.91 3.67 3.87 1/2 -0.02 3/4
OATS -CBT MAR09 2.04 1/4 1.84 3/4 1.95 -0.10
-CBT MAY09 2.04 1/2 1.96 1/2 2.04 1/2 -0.10 1/2
SOYBEAN -CBT MAR09 10.07 9.35 10.01 +0.21
-CBT MAY09 10.11 9.40 10.06 +0.19 1/4
-CBT JUL09 10.17 9.47 10.12 +0.18 1/4
SOYOIL -CBT MAR09 33.50 31.25 33.40 +0.67
(¢/lb) -CBT MAY09 33.83 31.70 33.75 +0.64
SOYMEAL -CBT MAR09 318.00 297.50 317.30 +6.30
($/ton) -CBT MAY09 315.50 295.50 314.60 +5.30
FEEDMILL BIDS on Feb 02/2009 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 172.00-180.00 155.00-190.00
-REDDEER 154.30-170.00 158.00-170.00
-EDMTN 158.00-170.00 158.00-180.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 187.40-213.10 191.10-215.00
BARLEY-LETH 139.70-168.00 155.00-170.00
-MH/BRKS 150.00-161.00 150.00-166.00
-CALGARY 145.00-165.00 149.30-170.00
-REDDEER 137.80-168.00 142.40-170.00
-VERM 133.20-137.80 133.20-137.80
-EDMTN 135.00-167.00 133.20-170.00
-PEACE R 137.80-140.10 137.80-140.10
CANOLA CRUSHER on Feb 04/2009
-Meal (FOB) 313.67 330.00
-Seed (DEL) 422.60 413.00
ELEVATOR BIDS on Feb 06/2009 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 154.30 154.28
FEED OATS -Red Deer 92.10 101.75
FEED BARLEY-Red Deer 143.41 134.64
RYE -Red Deer 147.19 150.25
FLAXSEED -Brooks 429.11 401.16
CANOLA -Red Deer 424.47 413.65
SPECIAL CROP CASH BIDS on Feb 05/2009
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 293.95 8.00 10.07
FEED 168.47 4.58 4.91
LARGE YELLOW #2 OR BETTER 218.26 5.94 9.92
$/Lb $/Lb
LENTILS #1 LAIRD 589.18 0.27 0.28
#1 ESTON 534.06 0.24 0.21
MUSTARD #1 YELLOW 857.04 0.39 0.51
#1 BROWN 631.07 0.29 0.40
#1 ORIENTAL 835.00 0.38 0.25
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 05/2009
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 411.20 417.35 401.87 466.99 -13.9%
-CWB #1CWRS VANC* 385.75 N/A 401.72 485.04 -17.2%
-#1DNS GREAT FALLS 301.24 304.75 304.72 374.44 -18.6%
-#1DNS PORTLAND 345.35 347.01 347.56 402.31 -13.6%
CORN -#2 CHICAGO 174.10 172.17 182.73 183.26 -0.3%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 107.88 107.20 150.30 207.48 -27.6%
-#2 STOCKTON 251.04 262.95 290.12 299.99 -3.3%
SOYBNS-#1 ILLINOIS 446.66 440.50 435.26 440.20 -1.1%
EXCH RATE Feb 05/2009: US$ in CANADA$ 1.2310 CANADA$ IN US$ 0.8123
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 01/2009
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #27 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 180.3 6,363.6 6,153.6 +3.4% +9.0%
DURUM 55.6 1,477.6 1,866.6 -20.8% +8.7%
BARLEY 38.4 612.1 1,512.4 -59.5% -45.6%
OATS 22.2 943.5 1,148.8 -17.9% -7.0%
PEAS 46.2 888.1 1,162.6 -23.6% +9.0%
FLAXSEED 3.5 343.6 338.8 +1.4% +0.2%
CANOLA-EXPORTS 92.8 3,517.0 2,850.1 +23.4% +9.5%
CANOLA-CRUSH 81.8 2,111.5 2,031.7 +3.9% +8.6%
U.S. EXPORTS ('000 TONNES) as of Jan 29/2009
WHEAT 325.2 19,746.0 24,195.3 -18.4% -20.9%
BARLEY N/A 232.1 594.7 -61.0% -51.2%
CORN 642.3 16,405.5 27,464.1 -40.3% -28.2%
SOYBEANS 912.9 18,030.5 16,122.5 +11.8% -5.3%
NOPA SOYBEAN Month Ending: Nov 30/2008
SOYBEAN CRUSH 3794.3 10,973.0 12,017.0 -8.7% -6.4%
* From Canadian Grain Commission Calendar