Weekly Crop Market Review - March 20, 2009
The next weekly will be published on Friday, March 27, 2009
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 20/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK MAY09 157.90 149.60 151.00 +0.50
-SASK JUL09 157.50 157.50 157.50 -0.10
-SASK OCT09 N/A N/A 158.50 +2.40
CANOLA -SASK MAY09 421.70 404.50 420.80 +17.70
-SASK JUL09 423.80 402.10 423.10 +20.40
-SASK NOV09 427.30 406.80 426.70 +21.70
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 20/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY09 5.59 5.21 5.50 1/4 +0.32
-CBT JUL09 5.71 5.42 5.62 1/2 +0.31 3/4
WHEAT -MINN MAY09 6.44 6.05 6.35 3/4 +0.26 1/2
-MINN JUL09 6.38 1/4 6.04 1/2 6.31 3/4 +0.31
WHEAT -KANS MAY09 6.09 5.71 6.03 +0.33
-KANS JUL09 6.18 5.80 6.14 +0.34 3/4
CORN -CBT MAY09 4.02 3.85 3.96 1/2 +0.08
-CBT JUL09 4.12 1/2 3.95 4.07 +0.08 3/4
OATS -CBT MAY09 2.01 1.88 1/2 2.00 +0.14
-CBT JUL09 2.08 3/4 1.97 2.08 3/4 +0.13 3/4
SOYBEAN -CBT MAY09 9.52 1/2 8.82 9.52 +0.75 1/2
-CBT JUL09 9.50 8.81 9.49 +0.73 3/4
-CBT AUG09 9.37 8.89 9.32 1/2 +0.71
SOYOIL -CBT MAY09 32.35 30.08 32.25 +2.08
(¢/lb) -CBT JUL09 32.63 30.43 32.52 +2.01
SOYMEAL -CBT MAY09 301.00 278.50 300.50 +23.80
($/ton) -CBT JUL09 296.50 274.70 295.80 +22.60
FEEDMILL BIDS on Mar 16/2009 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 175.00-195.00 170.00-190.00
-REDDEER 165.30-170.00 N/A
-EDMTN 161.70-170.00 161.70-213.10
OATS -EDMTN 116.70-123.20 N/A
PEAS - EDMTN 200.00-202.10 169.00-220.00
BARLEY-LETH 157.00-168.00 145.00-165.00
-MH/BRKS 145.00-155.00 150.00-158.00
-CALGARY 147.00-163.00 147.00-170.00
-REDDEER 142.40-160.00 140.10-170.00
-VERM 128.60-137.80 119.40-137.80
-EDMTN 128.60-160.00 128.60-170.00
-PEACE R 126.30-135.50 126.30-135.50
CANOLA CRUSHER on Mar 18/2009
-Meal (FOB) 260.33 253.17
-Seed (DEL) 415.60 412.67
ELEVATOR BIDS on Mar 20/2009 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 157.16 150.74
FEED OATS -Red Deer 90.90 90.90
FEED BARLEY-Red Deer 148.09 148.99
RYE -Red Deer 149.50 149.50
FLAXSEED -Brooks 397.62 403.92
CANOLA -Red Deer 416.98 399.78
SPECIAL CROP CASH BIDS on Mar 19/2009
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 300.93 8.19 11.78
FEED 155.61 4.23 4.91
LARGE YELLOW #2 OR BETTER 210.18 5.72 10.56
$/Lb $/Lb
LENTILS #1 LAIRD 654.22 0.30 0.34
#1 ESTON 528.55 0.24 0.26
MUSTARD #1 YELLOW 802.04 0.36 0.56
#1 BROWN 559.42 0.25 0.43
#1 ORIENTAL 837.75 0.38 0.30
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 19/2009
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 393.95 390.35 399.98 466.99 -14.3%
-CWB #1CWRS VANC* 389.34 395.54 398.11 485.04 -17.9%
-#1DNS GREAT FALLS 297.88 295.63 303.38 374.44 -19.0%
-#1DNS PORTLAND 340.40 346.62 346.02 402.31 -14.0%
CORN -#2 CHICAGO 184.18 187.70 181.85 183.26 -0.8%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 112.56 94.47 141.27 207.48 -31.9%
-#2 STOCKTON 245.58 225.60 281.59 299.99 -6.1%
SOYBNS-#1 ILLINOIS 433.63 422.75 433.09 440.20 -1.6%
EXCH RATE Mar 19/2009: US$ in CANADA$ 1.2377 CANADA$ IN US$ 0.8080
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 15/2009
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #33 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 222.1 7,974.5 7,323.9 +8.9% +9.0%
DURUM 20.6 1,837.4 2,014.8 -8.8% +8.7%
BARLEY 54.0 852.8 1,889.2 -54.9% -45.6%
OATS 14.5 1,077.5 1,266.6 -14.9% -7.0%
PEAS 13.4 1,162.5 1,310.0 -11.3% +9.0%
FLAXSEED 3.4 358.8 364.3 -1.5% +0.2%
CANOLA-EXPORTS 182.6 4,473.9 3,632.2 +23.2% +14.8%
CANOLA-CRUSH 83.3 2,606.0 2,502.9 +4.1% +8.6%
U.S. EXPORTS ('000 TONNES) as of Mar 12/2009
WHEAT 344.1 21,898.7 27,376.6 -20.0% -22.5%
BARLEY N/A 241.2 667.0 -63.8% -63.4%
CORN 737.6 21,613.5 35,068.8 -38.4% -30.2%
SOYBEANS 610.1 23,852.0 21,403.6 +11.4% +2.1%
NOPA SOYBEAN Month Ending: Jan 31/2009
SOYBEAN CRUSH 3785.7 18,426.9 20,408.7 -9.7% -8.9%
* From Canadian Grain Commission Calendar
