Weekly Crop Market Review - May 29, 2009
The next weekly will be published on Friday, June 5, 2009
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of May 29/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK JUL09 159.40 153.60 153.60 -1.20
-SASK OCT09 165.50 161.60 162.60 -1.60
-SASK DEC09 N/A N/A 158.60 -1.60
CANOLA -SASK JUL09 475.40 448.10 456.30 -15.10
-SASK NOV09 477.00 458.00 464.70 -9.40
-SASK JAN10 482.40 468.00 471.40 -8.60
U.S. FUTURES (U.S. $/BUSHEL) as of May 29/2009
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT JUL09 6.45 6.06 6.37 1/4 +0.24 3/4
-CBT SEP09 6.71 6.32 6.63 3/4 +0.25 1/4
WHEAT -MINN JUL09 7.93 1/4 7.38 1/2 7.72 +0.27
-MINN SEP09 7.93 7.36 3/4 7.75 1/2 +0.34 1/2
WHEAT -KANS JUL09 6.95 1/4 6.55 3/4 6.87 +0.26 1/2
-KANS SEP09 7.06 6.66 3/4 6.97 3/4 +0.26 1/2
CORN -CBT JUL09 4.37 4.21 3/4 4.36 1/4 +0.06
-CBT SEP09 4.46 1/2 4.32 1/2 4.46 1/4 +0.06
OATS -CBT JUL09 2.57 1/2 2.46 2.51 +0.01 1/2
-CBT SEP09 2.64 1/4 2.56 2.60 1/2 +0.03
SOYBEAN -CBT JUL09 12.00 11.56 1/2 11.84 +0.18
-CBT AUG09 11.60 11.26 11.48 1/2 +0.14 1/2
-CBT SEP09 11.01 10.72 10.96 1/2 +0.20 1/4
SOYOIL -CBT JUL09 39.10 37.42 39.05 +0.95
(¢/lb) -CBT AUG09 39.21 37.72 39.21 +0.94
SOYMEAL -CBT JUL09 392.50 374.00 382.50 +7.50
($/ton) -CBT AUG09 374.70 360.00 364.00 +3.60
FEEDMILL BIDS on May 25/2009 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 180.00-200.00 175.00-197.00
-REDDEER N/A 165.30-170.00
-EDMTN 161.70-170.00 163.10-170.00
OATS -EDMTN N/A N/A
PEAS - EDMTN 195.10-213.10 194.00-213.10
BARLEY-LETH 163.00-170.00 156.00-172.00
-MH/BRKS 152.00-165.00 150.00-163.00
-CALGARY 147.00-164.00 147.00-168.00
-REDDEER 142.00-162.00 142.40-168.00
-VERM 133.20-142.40 133.20-137.80
-EDMTN 124.00-162.00 124.00-168.00
-PEACE R 126.30-133.20 126.30-133.20
CANOLA CRUSHER on May 27/2009
-Meal (FOB) 343.18 328.33
-Seed (DEL) 456.20 478.52
ELEVATOR BIDS on May 29/2009 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 165.33 162.83
FEED OATS -Red Deer 139.90 129.77
FEED BARLEY-Red Deer 152.77 145.58
RYE -Red Deer 111.58 111.58
FLAXSEED -Brooks 435.02 429.90
CANOLA -Red Deer 440.06 466.77
SPECIAL CROP CASH BIDS on May 28/2009
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 307.73 8.38 10.79
FEED 162.96 4.44 4.91
LARGE YELLOW #2 OR BETTER 216.05 5.88 9.86
$/Lb $/Lb
LENTILS #1 LAIRD 884.60 0.40 0.39
#1 ESTON 643.97 0.29 0.32
MUSTARD #1 YELLOW 791.56 0.36 0.62
#1 BROWN 545.64 0.25 0.43
#1 ORIENTAL 768.20 0.35 0.39
WORLD AND US CASH MARKETS (CAN $/TONNE) as of May 28/2009
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 387.60 380.10 396.29 466.99 -15.1%
-CWB #1CWRS VANC* N/A 373.29 393.76 485.04 -18.8%
-#1DNS GREAT FALLS 294.93 292.70 301.03 374.44 -19.6%
-#1DNS PORTLAND 337.32 333.89 344.57 402.31 -14.4%
CORN -#2 CHICAGO 178.29 179.88 181.25 183.26 -1.1%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 132.72 136.73 141.12 207.48 -32.0%
-#2 STOCKTON 221.19 225.80 273.16 299.99 -8.9%
SOYBNS-#1 ILLINOIS 497.07 503.86 442.33 440.20 +0.5%
EXCH RATE May 28/2009: US$ in CANADA$ 1.1148 CANADA$ IN US$ 0.8970
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of May 24/2009
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #43 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 336.4 11,193.9 9,216.3 +21.5% +15.4%
DURUM 72.6 3,065.9 2,751.5 +11.4% +15.1%
BARLEY 5.5 1,317.4 2,349.6 -43.9% -45.6%
OATS 16.2 1,325.0 1,648.1 -19.6% -7.0%
PEAS 25.2 1,642.5 1,542.9 +6.5% +9.0%
FLAXSEED 16.0 425.7 465.8 -8.6% +0.2%
CANOLA-EXPORTS 159.9 6,225.5 4,653.2 +33.8% +27.2%
CANOLA-CRUSH 76.3 3,378.8 3,267.4 +3.4% +8.8%
U.S. EXPORTS ('000 TONNES) as of May 21/2009
WHEAT 516.4 26,299.4 32,631.5 -19.4% -20.1%
BARLEY .3 246.2 814.6 -69.8% -65.9%
CORN 698.8 30,886.5 45,558.5 -32.2% -28.2%
SOYBEANS 462.5 29,080.0 26,222.6 +10.9% +6.8%
NOPA SOYBEAN Month Ending: Apr 30/2009
SOYBEAN CRUSH 3650.0 29,314.1 32,031.1 -8.5% -8.9%
* From Canadian Grain Commission Calendar