Weekly Crop Market Review - March 27, 2009
The next weekly will be published on Friday, April 3, 2009
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Mar 27/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK MAY09 154.00 144.00 151.90 +0.90
-SASK JUL09 159.30 157.00 157.00 -0.50
-SASK OCT09 N/A N/A 158.00 -0.50
CANOLA -SASK MAY09 427.30 416.00 416.10 -4.70
-SASK JUL09 430.70 420.20 420.90 -2.20
-SASK NOV09 436.40 424.10 425.70 -1.00
U.S. FUTURES (U.S. $/BUSHEL) as of Mar 27/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAY09 5.61 5.03 5.07 1/4 -0.43
-CBT JUL09 5.73 5.17 5.20 -0.42 1/2
WHEAT -MINN MAY09 6.48 1/2 6.00 6.07 3/4 -0.28
-MINN JUL09 6.45 3/4 5.95 1/2 6.01 3/4 -0.30
WHEAT -KANS MAY09 6.12 5.47 1/4 5.50 -0.53
-KANS JUL09 6.24 5.57 1/2 5.60 1/2 -0.53 1/2
CORN -CBT MAY09 4.03 3.84 1/2 3.87 -0.09 1/2
-CBT JUL09 4.13 1/4 3.95 3.97 1/2 -0.09 1/2
OATS -CBT MAY09 2.02 1/2 1.92 3/4 1.95 1/2 -0.04 1/2
-CBT JUL09 2.10 1/2 2.02 1/4 2.04 -0.04 3/4
SOYBEAN -CBT MAY09 9.80 9.16 1/2 9.17 -0.35
-CBT JUL09 9.75 9.14 1/2 9.15 1/4 -0.33 3/4
-CBT AUG09 9.61 9.00 3/4 9.00 3/4 -0.31 3/4
SOYOIL -CBT MAY09 33.78 32.40 32.42 +0.17
(¢/lb) -CBT JUL09 34.02 32.65 32.72 +0.20
SOYMEAL -CBT MAY09 309.00 283.50 283.80 -16.70
($/ton) -CBT JUL09 303.50 279.90 279.90 -15.90
FEEDMILL BIDS on Mar 23/2009 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-190.00 175.00-195.00
-REDDEER 165.30-170.00 165.30-170.00
-EDMTN 161.70-170.00 161.70-170.00
OATS -EDMTN 116.70-116.70 116.70-123.20
PEAS - EDMTN 190.00-202.10 200.00-202.10
BARLEY-LETH 150.00-170.00 157.00-168.00
-MH/BRKS 145.00-155.00 145.00-155.00
-CALGARY 147.00-162.00 147.00-163.00
-REDDEER 144.70-162.00 142.40-160.00
-VERM 119.40-137.80 128.60-137.80
-EDMTN 128.60-162.00 128.60-160.00
-PEACE R 126.30-133.20 126.30-135.50
CANOLA CRUSHER on Mar 25/2009
-Meal (FOB) 262.00 260.33
-Seed (DEL) 422.00 415.60
ELEVATOR BIDS on Mar 27/2009 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 157.16 157.16
FEED OATS -Red Deer 93.66 90.90
FEED BARLEY-Red Deer 140.37 148.09
RYE -Red Deer 149.50 149.50
FLAXSEED -Brooks 392.50 397.62
CANOLA -Red Deer 417.69 416.98
SPECIAL CROP CASH BIDS on Mar 26/2009
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 295.05 8.03 11.53
FEED 157.81 4.29 4.91
LARGE YELLOW #2 OR BETTER 207.24 5.64 10.51
$/Lb $/Lb
LENTILS #1 LAIRD 675.60 0.31 0.34
#1 ESTON 533.29 0.24 0.26
MUSTARD #1 YELLOW 813.06 0.37 0.56
#1 BROWN 567.69 0.26 0.43
#1 ORIENTAL 834.34 0.38 0.30
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Mar 26/2009
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 366.70 393.95 399.03 466.99 -14.6%
-CWB #1CWRS VANC* N/A 389.34 398.11 485.04 -17.9%
-#1DNS GREAT FALLS 295.76 297.88 303.16 374.44 -19.0%
-#1DNS PORTLAND 337.98 340.40 345.74 402.31 -14.1%
CORN -#2 CHICAGO 180.58 184.18 181.82 183.26 -0.8%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 142.24 112.56 141.30 207.48 -31.9%
-#2 STOCKTON 243.83 245.58 280.51 299.99 -6.5%
SOYBNS-#1 ILLINOIS 430.10 433.63 433.00 440.20 -1.6%
EXCH RATE Mar 26/2009: US$ in CANADA$ 1.2289 CANADA$ IN US$ 0.8137
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Mar 22/2009
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #34 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 324.8 8,319.1 7,599.4 +9.5% +9.0%
DURUM 27.9 1,877.0 2,034.7 -7.8% +8.7%
BARLEY 19.6 939.7 1,886.3 -50.2% -45.6%
OATS 16.8 1,094.3 1,278.9 -14.4% -7.0%
PEAS 72.6 1,235.1 1,330.2 -7.1% +9.0%
FLAXSEED 3.8 362.6 364.5 -0.5% +0.2%
CANOLA-EXPORTS 139.0 4,612.9 3,789.8 +21.7% +14.8%
CANOLA-CRUSH 83.7 2,689.6 2,579.1 +4.3% +8.6%
U.S. EXPORTS ('000 TONNES) as of Mar 19/2009
WHEAT 609.3 22,511.7 27,880.6 -19.3% -22.5%
BARLEY N/A 241.2 699.1 -65.5% -63.4%
CORN 761.6 22,533.4 36,281.2 -37.9% -30.2%
SOYBEANS 558.9 24,453.5 22,191.2 +10.2% +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