Weekly Crop Market Review - February 25, 2005
The next weekly will be published on Friday, March 04, 2005
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Feb 25/2005
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -SASK MAR05 72.00 68.00 70.10 +0.50
-SASK MAY05 76.50 74.00 75.50 +1.00
-SASK JUL05 81.70 79.50 81.70 +2.70
BARLEY -LETH MAR05 111.00 108.50 110.00 +1.00
-LETH MAY05 113.50 111.50 113.50 +3.20
-LETH JUL05 112.50 110.50 111.60 +1.60
FLAX* -WPG MAR05 N/A N/A 480.00 +0.00
-WPG MAY05 N/A N/A 484.00 +0.00
-WPG JUL05 N/A N/A 488.00 +0.00
CANOLA -SASK MAR05 273.60 258.50 273.60 +15.80
-SASK MAY05 276.00 262.50 276.00 +16.30
-SASK JUL05 280.00 266.10 280.00 +16.10
U.S. FUTURES (U.S. $/BUSHEL) as of Feb 25/2005
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR05 3.24 2.97 1/2 3.23 1/4 +0.27 1/4
-CBT MAY05 3.34 3.06 3.33 1/4 +0.29 1/4
WHEAT -MINN MAY05 3.59 3.30 1/2 3.55 +0.25
-MINN JUL05 3.60 1/4 3.30 1/2 3.59 3/4 +0.30
WHEAT -KANS MAR05 3.62 1/2 3.31 1/2 3.62 1/4 +0.31 3/4
-KANS MAY05 3.53 3.17 1/2 3.50 1/2 +0.33 3/4
CORN -CBT MAY05 2.23 2.10 1/4 2.21 1/2 +0.13 3/4
-CBT JUL05 2.30 1/2 2.17 1/4 2.27 1/2 +0.12 3/4
OATS -CBT MAR05 1.62 1/2 1.56 1/4 1.57 1/2 -0.02
-CBT MAY05 1.55 1/2 1.46 1/2 1.47 -0.04 1/4
SOYBEAN -CBT MAR05 5.99 5.59 5.97 1/2 +0.45
-CBT MAY05 6.06 5.63 1/4 6.04 1/2 +0.48 3/4
-CBT JUL05 6.10 5.68 6.08 1/2 +0.49 1/4
SOYOIL -CBT MAR05 22.55 20.44 22.54 +2.47
(¢/lb) -CBT MAY05 22.82 20.55 22.77 +2.57
SOYMEAL -CBT MAR05 179.00 170.00 178.20 +9.00
($/ton) -CBT MAY05 180.50 171.20 179.60 +9.50
FEEDMILL BIDS on Feb 21/2005 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 70.60-105.00 70.60-106.50
-REDDEER 84.50-90.00 80.80-97.00
-EDMTN 77.20-93.00 77.20-91.90
OATS -EDMTN 94.00-103.70 94.00-97.30
PEAS - EDMTN 110.20-120.00 110.20-128.60
BARLEY-LETH 100.00-111.00 100.00-110.00
-MH/BRKS 97.00-106.50 97.00-104.00
-CALGARY 91.90-105.00 96.50-105.00
-REDDEER 94.20-101.00 95.00-105.00
-VERM 85.00-91.90 87.30-94.20
-EDMTN 87.30-98.00 87.30-96.50
-PEACE R 75.80-88.20 82.70-110.00
CANOLA CRUSHER on Feb 24/2005
-Meal (FOB) 155.87 153.34
-Seed (DEL) 269.10 248.48
ELEVATOR BIDS, RED DEER, on Feb 25/2005 (Delivered)
THIS WEEK LAST WEEK
WHEAT 75.89 73.13
OATS 95.00 94.19
BARLEY 95.95 94.30
RYE .00 86.53
FLAXSEED .00 .00
CANOLA 265.35 257.81
SPECIAL CROP CASH BIDS on Feb 24/2005
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 151.20 4.12 5.34
FEED 100.50 2.74 4.29
LARGE YELLOW #2 OR BETTER 130.99 3.56 5.13
$/Lb $/Lb
LENTILS #1 LAIRD 349.65 0.16 0.20
#1 ESTON 468.48 0.21 0.16
MUSTARD #1 YELLOW 292.11 0.13 0.16
#1 BROWN 292.11 0.13 0.17
#1 ORIENTAL 290.24 0.13 0.20
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Feb 24/2005
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 247.80 242.45 240.04 242.45 -1.0%
-CWB #1CWRS VANC* N/A 247.43 247.74 267.97 -7.5%
-#1DNS GREAT FALLS 163.48 153.84 163.46 187.13 -12.7%
-#1DNS PORTLAND 208.56 206.17 210.11 235.30 -10.7%
CORN -#2 CHICAGO 100.38 94.98 98.80 135.68 -27.2%
BARLEY-#2 PORTLAND 143.44 136.70 132.36 168.68 -21.5%
-#2FD GREAT FALLS 90.16 82.56 81.42 119.51 -31.9%
-#2 STOCKTON 150.27 148.88 149.21 192.23 -22.4%
SOYBNS-#1 ILLINOIS 258.42 254.22 254.63 393.09 -35.2%
EXCH RATE Feb 24/2005: US$ in CANADA$ 1.2393 CANADA$ IN US$ 0.8069
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Feb 20/2005
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #29 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 298.3 6,165.4 5,734.6 +7.5% -0.5%
DURUM 61.7 1,742.9 2,087.0 -16.5% +3.6%
BARLEY 4.3 561.2 703.2 -20.2% -21.1%
OATS 9.2 396.0 697.1 -43.2% +9.5%
PEAS 32.6 670.9 709.9 -5.5% +13.9%
FLAXSEED 9.7 240.6 375.3 -35.9% -42.5%
CANOLA-EXPORTS 70.3 1,917.8 2,321.3 -17.4% -12.1%
CANOLA-CRUSH 62.8 1,736.9 1,848.7 -6.0% -5.6%
U.S. EXPORTS ('000 TONNES) as of Feb 17/2005
WHEAT 577.5 20,951.7 21,987.8 -4.7% -11.6%
BARLEY N/A 242.3 371.9 -34.9% -21.1%
CORN 606.3 20,731.3 22,550.4 -8.1% +0.2%
SOYBEANS 913.5 20,151.7 18,602.8 +8.3% +14.1%
NOPA SOYBEAN Month Ending: Jan 31/2005
SOYBEAN CRUSH 3847.7 18,812.8 18,547.0 +1.4% +8.2%
* From Canadian Grain Commission Calendar
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