Weekly Crop Market Review - May 8, 2009
The next weekly will be published on Friday, May 15, 2009
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of May 08/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK JUL09 155.00 148.50 154.00 +4.00
-SASK OCT09 160.00 158.00 160.00 +0.00
-SASK DEC09 N/A N/A 156.00 -2.00
CANOLA -SASK JUL09 467.50 445.10 466.20 +15.90
-SASK NOV09 464.20 447.50 460.40 +7.20
-SASK JAN10 467.80 452.00 464.50 +7.10
U.S. FUTURES (U.S. $/BUSHEL) as of May 08/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL09 5.92 5.47 1/2 5.91 +0.21
-CBT SEP09 6.16 5.75 6.17 1/4 +0.20 3/4
WHEAT -MINN JUL09 7.01 3/4 6.58 1/2 7.00 +0.15 1/4
-MINN SEP09 6.97 6.52 1/2 6.96 1/4 +0.19 1/2
WHEAT -KANS JUL09 6.34 1/2 5.93 6.33 +0.18 1/4
-KANS SEP09 6.43 1/2 6.04 1/2 6.43 1/2 +0.18 3/4
CORN -CBT JUL09 4.21 1/4 3.97 4.21 +0.07 1/4
-CBT SEP09 4.29 1/2 4.07 4.29 1/2 +0.07
OATS -CBT JUL09 2.28 2.00 3/4 2.26 +0.19
-CBT SEP09 2.34 1/2 2.10 2.34 1/2 +0.18 1/2
SOYBEAN -CBT JUL09 11.26 1/2 10.88 11.11 1/2 +0.20 1/2
-CBT AUG09 10.85 10.55 10.73 1/2 +0.14 1/2
-CBT SEP09 10.33 10.07 10.21 1/2 +0.10 1/2
SOYOIL -CBT JUL09 39.65 37.76 39.61 +1.86
(¢/lb) -CBT AUG09 39.52 37.90 39.77 +1.85
SOYMEAL -CBT JUL09 350.20 337.80 341.50 -0.50
($/ton) -CBT AUG09 333.00 322.50 324.80 -2.50
FEEDMILL BIDS on May 04/2009 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 175.00-188.00 175.00-185.00
-REDDEER 165.30-170.00 165.30-170.00
-EDMTN 161.70-170.00 163.00-170.00
OATS -EDMTN N/A 97.30-97.30
PEAS - EDMTN 194.70-213.10 195.00-213.10
BARLEY-LETH 160.00-165.00 156.00-165.00
-MH/BRKS 150.00-158.00 150.00-160.00
-CALGARY 147.00-162.00 147.00-162.00
-REDDEER 145.00-162.00 145.00-162.00
-VERM 133.20-137.80 133.20-137.80
-EDMTN 124.00-162.00 126.30-162.00
-PEACE R 126.30-135.50 126.30-126.30
CANOLA CRUSHER on May 06/2009
-Meal (FOB) 295.67 270.40
-Seed (DEL) 456.33 439.20
ELEVATOR BIDS on May 08/2009 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 161.89 160.10
FEED OATS -Red Deer 119.84 116.01
FEED BARLEY-Red Deer 143.23 144.44
RYE -Red Deer 136.58 128.69
FLAXSEED -Brooks 403.92 398.01
CANOLA -Red Deer 458.87 436.68
SPECIAL CROP CASH BIDS on May 07/2009
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 309.38 8.42 10.38
FEED 145.32 3.96 4.91
LARGE YELLOW #2 OR BETTER 221.01 6.02 9.77
$/Lb $/Lb
LENTILS #1 LAIRD 823.97 0.37 0.37
#1 ESTON 592.49 0.27 0.27
MUSTARD #1 YELLOW 804.68 0.36 0.60
#1 BROWN 545.64 0.25 0.44
#1 ORIENTAL 768.20 0.35 0.34
WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 07/2009
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 380.50 391.95 397.00 466.99 -15.0%
-CWB #1CWRS VANC* N/A 374.68 395.55 485.04 -18.5%
-#1DNS GREAT FALLS 290.81 291.95 301.58 374.44 -19.5%
-#1DNS PORTLAND 331.95 334.47 345.26 402.31 -14.2%
CORN -#2 CHICAGO 178.41 176.48 181.24 183.26 -1.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 140.23 142.03 141.45 207.48 -31.8%
-#2 STOCKTON 232.64 256.44 276.58 299.99 -7.8%
SOYBNS-#1 ILLINOIS 483.38 469.48 437.97 440.20 -0.5%
EXCH RATE May 07/2009: US$ in CANADA$ 1.1725 CANADA$ IN US$ 0.8529
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 03/2009
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #40 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 413.3 10,215.4 8,732.5 +17.0% +9.0%
DURUM 110.6 2,697.4 2,566.5 +5.1% +8.7%
BARLEY 4.0 1,152.4 2,268.4 -49.2% -45.6%
OATS 36.2 1,261.3 1,579.5 -20.1% -7.0%
PEAS 61.7 1,533.1 1,437.1 +6.7% +9.0%
FLAXSEED .9 407.8 419.4 -2.8% +0.2%
CANOLA-EXPORTS 171.5 5,771.0 4,379.0 +31.8% +14.8%
CANOLA-CRUSH 65.2 3,159.1 3,039.9 +3.9% +8.6%
U.S. EXPORTS ('000 TONNES) as of Apr 30/2009
WHEAT 279.9 25,040.1 31,268.9 -19.9% -22.5%
BARLEY .3 243.8 791.1 -69.2% -65.9%
CORN 766.4 28,174.4 42,818.7 -34.2% -30.2%
SOYBEANS 494.8 27,771.6 25,162.9 +10.4% +4.2%
NOPA SOYBEAN Month Ending: Mar 31/2009
SOYBEAN CRUSH 3735.5 25,664.2 28,221.9 -9.1% -9.2%
* From Canadian Grain Commission Calendar
