Weekly Crop Market Review - March 13, 2009
The next weekly will be published on Friday, March 20, 2009
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 13/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK MAY09 152.60 143.70 150.50 +10.90
-SASK JUL09 157.60 157.50 157.60 +11.00
-SASK OCT09 N/A N/A 156.10 +9.50
CANOLA -SASK MAY09 414.50 401.70 403.10 -6.60
-SASK JUL09 413.40 400.50 402.70 -4.20
-SASK NOV09 414.80 404.40 405.00 +0.00
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 13/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY09 5.39 5.06 5.18 1/4 -0.08 3/4
-CBT JUL09 5.50 5.19 5.30 3/4 -0.08
WHEAT -MINN MAY09 6.32 6.03 1/4 6.09 1/4 -0.03 3/4
-MINN JUL09 6.24 1/4 5.94 3/4 6.00 3/4 -0.04 1/4
WHEAT -KANS MAY09 5.88 5.58 1/2 5.70 -0.04
-KANS JUL09 5.95 1/4 5.67 5.79 1/4 -0.02
CORN -CBT MAY09 3.89 3.62 3.88 1/2 +0.27
-CBT JUL09 3.99 1/2 3.72 1/2 3.98 1/4 +0.27 1/4
OATS -CBT MAY09 1.91 1.79 1.86 +0.03 1/4
-CBT JUL09 2.00 1.93 1/4 1.95 +0.03 1/4
SOYBEAN -CBT MAY09 8.93 8.57 8.76 1/2 +0.09 1/2
-CBT JUL09 8.91 8.57 8.75 1/4 +0.09 1/4
-CBT AUG09 8.71 8.49 1/2 8.61 1/2 +0.08 1/2
SOYOIL -CBT MAY09 31.95 29.70 30.17 -0.86
(¢/lb) -CBT JUL09 32.18 30.10 30.51 -0.85
SOYMEAL -CBT MAY09 280.00 264.70 276.70 +11.40
($/ton) -CBT JUL09 276.00 261.00 273.20 +11.20
FEEDMILL BIDS on Mar 09/2009 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-190.00 170.00-185.00
-REDDEER N/A 160.00-165.30
-EDMTN 161.70-213.10 161.70-170.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 169.00-220.00 202.10-220.00
BARLEY-LETH 145.00-165.00 145.00-160.00
-MH/BRKS 150.00-158.00 150.00-160.00
-CALGARY 147.00-170.00 135.00-156.00
-REDDEER 140.10-170.00 130.00-156.00
-VERM 119.40-137.80 124.00-128.60
-EDMTN 128.60-170.00 128.60-156.00
-PEACE R 126.30-135.50 126.30-137.80
CANOLA CRUSHER on Mar 11/2009
-Meal (FOB) 253.17 261.80
-Seed (DEL) 412.67 418.53
ELEVATOR BIDS on Mar 13/2009 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 150.74 153.82
FEED OATS -Red Deer 90.90 99.66
FEED BARLEY-Red Deer 148.99 132.89
RYE -Red Deer 149.50 149.50
FLAXSEED -Brooks 403.92 414.15
CANOLA -Red Deer 399.78 411.42
SPECIAL CROP CASH BIDS on Mar 12/2009
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 298.54 8.13 11.83
FEED 158.00 4.30 4.91
LARGE YELLOW #2 OR BETTER 220.83 6.01 11.34
$/Lb $/Lb
LENTILS #1 LAIRD 638.79 0.29 0.35
#1 ESTON 518.63 0.24 0.28
MUSTARD #1 YELLOW 802.04 0.36 0.55
#1 BROWN 592.49 0.27 0.44
#1 ORIENTAL 837.75 0.38 0.30
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 12/2009
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 390.35 389.25 400.16 466.99 -14.3%
-CWB #1CWRS VANC* 395.54 N/A 398.73 485.04 -17.8%
-#1DNS GREAT FALLS 295.63 302.98 303.54 374.44 -18.9%
-#1DNS PORTLAND 346.62 346.54 346.22 402.31 -13.9%
CORN -#2 CHICAGO 187.70 175.50 181.78 183.26 -0.8%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 94.47 95.15 142.17 207.48 -31.5%
-#2 STOCKTON 225.60 227.24 282.68 299.99 -5.8%
SOYBNS-#1 ILLINOIS 422.75 412.10 433.07 440.20 -1.6%
EXCH RATE Mar 12/2009: US$ in CANADA$ 1.2791 CANADA$ IN US$ 0.7818
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 08/2009
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #32 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 259.2 7,719.8 7,110.2 +8.6% +9.0%
DURUM 13.3 1,767.3 1,976.9 -10.6% +8.7%
BARLEY 1.0 747.2 1,851.7 -59.6% -45.6%
OATS 13.3 1,063.0 1,258.0 -15.5% -7.0%
PEAS 76.6 1,149.1 1,304.6 -11.9% +9.0%
FLAXSEED 3.6 355.4 354.5 +0.3% +0.2%
CANOLA-EXPORTS 95.6 4,291.3 3,482.5 +23.2% +14.8%
CANOLA-CRUSH 80.7 2,522.6 2,422.6 +4.1% +8.6%
U.S. EXPORTS ('000 TONNES) as of Mar 05/2009
WHEAT 393.9 21,551.8 26,888.2 -19.8% -20.9%
BARLEY .4 240.8 666.1 -63.8% -51.2%
CORN 1030.4 20,792.1 33,772.9 -38.4% -28.2%
SOYBEANS 740.6 23,140.4 20,703.3 +11.8% -0.9%
NOPA SOYBEAN Month Ending: Jan 31/2009
SOYBEAN CRUSH 3785.7 18,426.9 20,408.7 -9.7% -8.4%
* From Canadian Grain Commission Calendar