Weekly Crop Market Review - May 15, 2009
The next weekly will be published on Friday, May 22, 2009
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of May 15/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK JUL09 157.00 150.00 152.80 -1.20
-SASK OCT09 160.10 156.10 160.10 +0.10
-SASK DEC09 N/A N/A 156.10 +0.10
CANOLA -SASK JUL09 478.00 455.00 476.80 +10.60
-SASK NOV09 475.80 453.00 472.80 +12.40
-SASK JAN10 479.00 462.30 476.80 +12.30
U.S. FUTURES (U.S. $/BUSHEL) as of May 15/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL09 5.98 5.75 5.77 1/2 -0.13 1/2
-CBT SEP09 6.22 6.04 6.04 -0.13 1/4
WHEAT -MINN JUL09 7.30 6.88 7.05 1/4 +0.05 1/4
-MINN SEP09 7.23 1/4 6.85 3/4 7.01 1/2 +0.05 1/4
WHEAT -KANS JUL09 6.44 3/4 6.24 6.30 1/2 -0.02 1/2
-KANS SEP09 6.54 1/2 6.33 1/2 6.40 1/4 -0.03 1/4
CORN -CBT JUL09 4.32 4.16 4.17 1/4 -0.03 3/4
-CBT SEP09 4.40 1/2 4.25 1/4 4.26 3/4 -0.02 3/4
OATS -CBT JUL09 2.37 1/2 2.21 1/4 2.28 +0.02
-CBT SEP09 2.44 2.36 1/2 2.36 1/2 +0.02
SOYBEAN -CBT JUL09 11.51 1/2 10.93 11.30 1/2 +0.19
-CBT AUG09 11.02 10.56 10.85 +0.11 1/2
-CBT SEP09 10.40 1/2 10.18 10.23 1/4 +0.01 3/4
SOYOIL -CBT JUL09 40.02 37.88 37.90 -1.71
(¢/lb) -CBT AUG09 40.10 38.07 38.07 -1.70
SOYMEAL -CBT JUL09 366.00 336.50 358.20 +16.70
($/ton) -CBT AUG09 345.50 320.50 339.20 +14.40
FEEDMILL BIDS on May 11/2009 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 175.00-190.00 175.00-188.00
-REDDEER 165.30-170.00 165.30-170.00
-EDMTN 161.70-170.00 161.70-170.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 200.00-213.10 194.70-213.10
BARLEY-LETH 156.00-165.00 160.00-165.00
-MH/BRKS 150.20-160.00 150.00-158.00
-CALGARY 147.00-162.00 147.00-162.00
-REDDEER 145.00-162.00 145.00-162.00
-VERM 130.90-137.80 133.20-137.80
-EDMTN 124.00-162.00 124.00-162.00
-PEACE R 126.30-130.90 126.30-135.50
CANOLA CRUSHER on May 13/2009
-Meal (FOB) 295.33 295.67
-Seed (DEL) 469.00 456.33
ELEVATOR BIDS on May 15/2009 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 161.89 161.89
FEED OATS -Red Deer 127.30 119.84
FEED BARLEY-Red Deer 142.80 143.23
RYE -Red Deer 111.58 136.58
FLAXSEED -Brooks 411.40 403.92
CANOLA -Red Deer 472.21 458.87
SPECIAL CROP CASH BIDS on May 14/2009
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 300.93 8.19 10.84
FEED 146.06 3.98 4.91
LARGE YELLOW #2 OR BETTER 216.79 5.90 9.96
$/Lb $/Lb
LENTILS #1 LAIRD 758.94 0.34 0.40
#1 ESTON 531.86 0.24 0.31
MUSTARD #1 YELLOW 784.51 0.36 0.62
#1 BROWN 529.99 0.24 0.43
#1 ORIENTAL 771.61 0.35 0.37
WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 14/2009
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 391.80 380.50 396.88 466.99 -15.0%
-CWB #1CWRS VANC* 383.68 N/A 394.89 485.04 -18.6%
-#1DNS GREAT FALLS 293.66 290.81 301.38 374.44 -19.5%
-#1DNS PORTLAND 338.84 331.95 345.08 402.31 -14.2%
CORN -#2 CHICAGO 185.67 178.41 181.35 183.26 -1.0%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 140.70 140.23 141.44 207.48 -31.8%
-#2 STOCKTON 232.35 232.64 275.52 299.99 -8.2%
SOYBNS-#1 ILLINOIS 504.92 483.38 439.57 440.20 -0.1%
EXCH RATE May 14/2009: US$ in CANADA$ 1.1710 CANADA$ IN US$ 0.8540
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 10/2009
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #41 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 315.4 10,530.8 8,936.6 +17.8% +9.0%
DURUM 143.3 2,957.7 2,614.7 +13.1% +8.7%
BARLEY 30.3 1,260.9 2,289.3 -44.9% -45.6%
OATS 15.8 1,277.1 1,623.0 -21.3% -7.0%
PEAS 42.5 1,575.6 1,493.4 +5.5% +9.0%
FLAXSEED .9 408.7 440.1 -7.1% +0.2%
CANOLA-EXPORTS 88.9 5,859.9 4,494.6 +30.4% +14.8%
CANOLA-CRUSH 72.2 3,231.3 3,114.8 +3.7% +8.6%
U.S. EXPORTS ('000 TONNES) as of May 07/2009
WHEAT 309.4 25,361.8 31,878.8 -20.4% -20.1%
BARLEY N/A 245.1 791.1 -69.0% -65.9%
CORN 1171.2 29,382.3 43,844.8 -33.0% -28.2%
SOYBEANS 242.6 28,116.3 25,561.4 +10.0% +6.8%
NOPA SOYBEAN Month Ending: Mar 31/2009
SOYBEAN CRUSH 3735.5 25,664.2 28,221.9 -9.1% -8.9%
* From Canadian Grain Commission Calendar