Creating Wealth for Prairie Farmers Sample
© Wild Oats Publishing 2017
Wild Oats Grain Market Advisory
Wild Oats Publishing
Site Created August 15, 1996;  Last Updated July 11, 2017
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   Wild Oats is published 40 times per year by Wild Oats Publishing, 958 - 167 Lombard Avenue, Winnipeg R3B 0V3. Tel. (204) 942-1459 Fax (204) 942-7652 E-mail: wildoats@canadagrain.com    Information is secured from sources believed reliable, but 100% accuracy cannot be guaranteed. Persons associated with Wild Oats deal commercially with businesses active in Prairie grain markets and may hold positions on their own accounts in commodities discussed herein. ISSN 1185-2194    Copyright 2014. All rights reserved. The Wild Oats Grain Market Advisory is protected by copyright. Copying, retransmission or redistribution, in whole or in part, without the prior written approval of Wild Oats Publishing is strictly prohibited.
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Canola Acres Surge - Jerry Klassen    Statistics Canada’s survey has canola acres at 22.4 million, up from the 2016 seeded area of 20.4 million. Using an average yield of 40.0 bushels per acre, we are now estimating 2017 canola production to finish near 20.2 million mt, up from the 2016 crop of 18.4 million mt and up from the 5 year average of 16.4 million mt.    The acreage estimate may look somewhat bearish from current price levels but this is not overly burdensome given the growing demand. Remember that the 2016/17 carryout is expected to finish at historically low levels. Therefore, the market will be extremely sensitive to growing conditions and crop development.    It is prudent to be 20% sold on new crop because, if above average yields materialize, fundamentals will become rather heavy, especially during the first half of the crop year.    Canola has divorced from the soybean complex over the past couple weeks. While beans have traded sideways, canola prices have percolated higher and basis levels remain relatively strong for old crop. Outside influences are not having much of an effect on canola now that the 2016/17 fundamentals are relatively tight. Be patient to sell the final 20% increment of the 2016 crop. Non Durum Wheat Acres Increase    StatsCan has non durum spring wheat acres at 16.7 million, up from 15.4 million in 2016. This number was considered somewhat bearish for the spring wheat market because it was on the high side of estimates. The 2016/17 carryout will be low quality so the market will be sensitive to quality issues. At this stage, traders anticipate that 70% of the crop will grade in the top two milling categories.    During the 2016/17 crop year, the high protein milling wheat market was rather strong compared to the winter wheat markets for two main reasons. First, Canada had a low quality crop and secondly, the U.S. winter wheat crop had historical low protein.If Canada experiences a normal harvest, the Mpls premium over Kansas and Chicago wheat markets will erode.    The larger acreage in Canada offsets the decline in the U.S. spring wheat seeded area and normal protein levels are expected this year in Kansas. The sales strategy will be to make timely incremental sales on seasonal rallies. Durum Acres Down 17%    Canadian durum acres were estimated at 5.1 million, down from 6.2 million seeded acres in last year. This decline is not sharp enough to cause a significant rally. With average yields production will finish near 5.6 million mt, down from last year’s crop of 7.8 million mt; however,  end stocks for 2017/18 will be 2.8 million mt, about the same as this year, sharply above the 5 year average of 1.3 million. Barley Acres Friendly    Statistics Canada estimated barley acres at 5.9 million, down from 6.4 million last year. Using an average yield, production has potential to finish near 7.0 million mt, down sharply from the 2016 crop of 8.8 million mt. This report was considered bullish for the barley market and we expect we could see Lethbridge barley trade from $190/mt to $220/mt, up from an average of $160/mt in 2016/17.
Late Spring    What looked like an early spring a month ago now looks like a late one. Granted, it's still April but seeding looks to be a couple of weeks away, at best.    American seeding is behind for corn, oats and spring wheat. North Dakota is cold and wet and the Midwest is wet.
Volume 27 Number 31 April 25, 2017
   Oats look to be oversupplied this fall. Demand for milling oats is good but excess oats have to move into feed channels where not much is bought.    Soybeans have taken western Canada by storm and don't show any sign of backing off.    There must be more to summerfallow than saving moisture. Spring Harvest Not the Greatest    Some combining done in February in Alberta worked OK but the bulk of current harvesting is disappointing. Standing canola has shattered. Wheat is  low quality, sometimes moldy. Barley is light. Deer and mice have contaminated much of the swaths. Worst of all, you still have to get rid of any crop still there before you can seed. Monkey See, Monkey Do    Pakistan is the latest country to use unrealistic fumigation requirements to restrict pulse imports. Like India, Pakistan has just harvested a big pulse crop and is trying to maintain domestic prices. Excess buying last year is still arriving. The availability of their own new crop and a congested infrastructure has prices hurting.    The policy is not effective until June 30 so current business is not affected however there is certainly a damper on new crop business. Canola Futures Strong    July canola is up $25/t over the past two weeks - the strongest gain of any future. The carryout this summer is already tight and what's left of old crop suddenly has another two weeks of demand to fill.    The soybean complex is higher but by a much smaller amount. Soybeans have lost US$1.30/bu since January and are competitive with Brazilian origin.     Minneapolis wheat is higher in the past two weeks but Chicago and KC are down hard. There's been plenty of rain in the Southern Plains and drought concerns are gone. Corn is down 2 cents over the past two weeks. Planting  progress is at 17%, just 1% behind average.
Canadian Planting Intentions StatsCan April 21, 2017 2015 2016 2017  %Change 2015/16 2016/17 Total Wheat 24,111 23,212 23,182 -3.7 -0.1   Durum Wheat 5,820 6,190 5,145 6.4 -16.9   Spring Wheat 17,013 15,404 16,664 -9.5 8.2   Winter Wheat 1,278 1,618 1,373 26.6 -15.2 Barley  6,527 6,390 5,880 -2.1 -8.0 Canary Seed 325 260 270 -20.0 3.8 Canola 20,665 20,367 22,387 -1.4 9.9 Chick Peas 115 160 140 39.1 -12.5 Corn 3,275 3,325 3,751 1.5 12.8 Dry Beans 260 277 260 6.5 -6.1 Peas 3,680 4,239 3,989 15.2 -5.9 Fall Rye 259 329 252 27.1 -23.3 Flax 1,640 935 1,115 -43.0 19.3 Lentils 4,035 5,860 4,385 45.2 -25.2 Mustard 345 525 390 52.2 -25.7 Oats 3,337 2,834 3,419 -15.1 20.6 Soybeans 5,441 5,467 6,956 0.5 27.2 Sunflowers 100 70 50 -30.0 -28.6 Summerfallow 2,560 1,990 1,765 -22.3 -11.3 units in 000 acres    The big story with the seeding intentions is another boost in canola acres. Ideas we had about the limits to canola acreage are long since out the window. Resentment against pulse trade restrictions would have contributed.    Wheat was a surprise on the upside. Durum, while down, is not down as much as trade expectations.    Barley acres are down again. Malt demand has fallen off and feed prices are less than remarkable.    Canary only up by a fraction is positive. There is still a danger that some sizable durum/wheat plantings get switched to canary.    Pea plantings are not written in stone. Prices for yellows are on the upswing and could draw an increase in plantings.    Flax plantings are up strong but flax still has to compete with canola which is probably why they aren't up even more.    Lentil plantings down by 25% is still a big lentil crop. Green lentils may be the sleeper crop. There'll be little carryin of greens of any quality.    Mustard down by 25% is simply a return to the norm.
Lentil Trade Steady - John Duvenaud    There have been lots of ups and downs for lentil growers over the last couple of years. Both reds and greens were delivering fabulous prices, especially considering the prices for feed grains. Then, as one would expect, farmers around the world got on the lentil bandwagon, our big Asian buyers discovered protectionism and suddenly we're back to normal, at least in the case of reds.    Red lentils trade around 24 - 26 cents/lb, not great but still significantly above their five and ten year averages.    Greens are another story. We're well off the once-in-a-lifetime highs but greens still sell for a pretty penny. Green prices are staying stubbornly high, probably because it's not that easy to switch back to greens once you've grown reds.    Green prices are well off their highs. Lairds were trading at 65 - 70 cents in Jan/Feb and are now down to 45 - 50 cents for 1's and 2's. Estons were 60 - 65 cents in early winter and now trade around 40 cents for a No 1. Both remain well above average. Farmers, by the way, sold most of your quality greens during this window of opportunity. Well done.    The export market has slowed. Prices have come down considerably and importers are hurting. A hurting importer is rarely an aggressive buyer. Add in the uncertainty of government import politics and you have the current situation where trade is still ongoing but at a much reduced pace. A further complication is that unloads in importing countries are facing glutted facilities and internal movement is difficult.    The fundamentals on lentils are improving. AgCanada, in its April supply/demand, cut the new crop July 31 carryout from 925,000 tonnes down to 625,000 tonnes. While that's still a big carry, it's also a sizable drop. The extension of exports to India would have contributed to this decline but the abnormal level of abandonment last fall and lots of low yields were also factors. Regardless, lentil supplies are no longer at distressing burdensome levels.    There are still lots of reds available but supplies of 2 or better greens are skimpy. In fact the Canadian trade has generally moved to selling X3 rather than 2's. The X3's this year are actually pretty good. There was no frost last fall. There definitely is wrinkling but it's generally under 10 - 15%. The X3 still has all the nutrition; it just isn't quite as pretty. From an exporter's point of view it's an easier transaction because the spec is easier to meet.    Estons are even tighter. Those great price earlier in winter drew in most decent quality Estons. Try an find anything above a 3. It may be possible but it won't be easy.      Another advantage of selling an X3 is that most of the 2 greens are being saved for seed. That brings us to the outlook for new crop lentils. Spring is shaping up to be cool and late. You're probably going to plant your canola first and your lentils last. Seeding greens late is risky so probably there's going to be a move to even more red plantings this spring. Reds have the additional advantage of there still being seed available. It might not be that easy to source green seed.
Manitoba Farmgate Prices    Prices are FOB farm, unless noted otherwise, as of April 25, 2017. Your local rate may differ. Basis Net Per Bushel Canola: Prices under Jul at $521  Del Elevator -5 - 30 491 - 526 11.14 - 11.93  Del Elev (Fall 2017) 22 - 40 455 - 474 10.33 - 10.74  Bunge (del)    Altona: $11.93 (May)    Harrowby: $10.71 (Apr); $11.66 (May); $11.68 (Jul); New: $10.65 - 10.74  Nexera $12.88 - 13.08 (Apr); $12.93 (Jul); New: $11.99 Barley  Del Elevator 138 - 149 3.00 - 3.25  Malt Del Elevator 220 - 234 4.80 - 5.10   Fall 2017 (Del Elev) 220 - 234 4.80 - 5.10 Wheat  Feed Del Elevator 175 4.75   Feed FOB Farm not quoted  Milling Wheat (Del Elev)    CWRW #2 127 - 147 3.46 - 4.01    CWRS #1 197 - 242 5.37 - 6.60     New Crop Fall 2017 196 - 244 5.34 - 6.64    CPSR #2 122 - 126 3.31 - 3.44     New Crop Fall 2017 141 - 151 3.83 - 4.10 Flax: $12.00; New: $12.00 Oats: $2.80 - 3.00 FOB Farm; $2.78 - 3.45 del; Fall 2017: $2.67 - 2.85 del Corn: $4.05 - 4.20 del; Fall 2017: $4.10 del Soybeans: $10.22 - 11.00 del; Fall 2017: $10.77 - 11.00 del Lentils  Lairds: #1: 48 - 52¢ del; #2: 45¢; 42 - 48¢ del;   X3: 24 - 40¢ del; #3: 20 - 35¢ del; Fall 2017: #1: 34-35¢; #2: 31-32¢; X3: 28¢  Eston: #1: 40 - 43¢; 37 - 55.5¢ del; #2: 35 - 38¢; 31 - 55.5¢ del; X3: 30 - 33¢   #3: 21 - 30¢ del Sk; Fall 2017: #1: 34¢; #2: 31¢; X3: 28¢  Richlea: #1: 42 - 43¢; 44 - 50¢ del; #2: 38 - 39¢; 36 - 50¢ del; X3: 24 - 32¢ del   #3: 21 - 25¢ del  Crimson: #2+: 25¢; 24 - 26¢ del; X3: 17 - 23¢ del; #3: 13 - 19¢ del   Fall 2017: #2+: 23 - 24.5¢; X3: 21 - 22¢ del Sk; #3: 17 - 18¢ del Sk Canary Seed: 19 - 21.5¢ del; Fall 2017: 19¢; 18 - 20¢ del Sunflower: Oil: n.a.; Conf: n.a. Peas: Green: $8.00 - 8.25; $7.65 - 8.75 del; Fall 2017: $7.50 - 8.50 del  Yellow: $8.00 - 8.25; $6.67 - 9.00 del Sk; Fall 2017: $7.00 - 7.50; $7.00 - 8.00 del  Feed: $5.00 - 7.50; $7.75 del Mustard: Yellow: 30¢; 29.5 - 31¢ del; Fall 2017: 35¢  Brown: 34 - 35¢; 33 - 35¢ del; Fall 2017: 34¢  Oriental: 28 - 30¢; 28.5 - 30¢ del; Fall 2017: 32 - 33¢ Delivered North Dakota Plant/Elevator - $US/bu [$Cnd/bu in brackets] DNS [14%]: $4.45 - 4.90 [$6.04 - 6.65] Durum: $5.40 - 5.75 [$7.33 - 7.80] Flax: $7.90 - 8.25 [$10.72 - 11.19]; Sunflwr NuSun: 13.6 - 14.9¢ [18.5 - 20.2¢] Corn: $2.57 - 3.02 [$3.49 - 4.10]; Fall 2017: $2.89 - 3.19 [$3.92 - 4.33] Barley Feed: $1.60 - 2.00 [$2.17 - 2.71] Malt: $3.00 - 3.25 [$4.07 - 4.41] Soybeans: $8.05 - 8.50 [$10.92 - 11.53]; Fall 2017: $8.32 - 8.67 [$11.29 - 11.76] Canola: $8.17 - 9.13 [$11.08 - 12.39]; Fall 2017: $7.42 - 8.24 [$10.06 - 11.18] Peas Yellow: $5.50 - 6.75 [$7.46 - 9.16] Green: $6.00 - 6.75 [$8.14 - 9.16] Pinto: 27.0 - 29.0¢ [36.6 - 39.3¢] Navy: 27.0 - 28.0¢ [36.0 - 38.0¢] Black: 27.0 - 30.0¢ [36.6 - 40.7¢] Kidney Lgt Red: 33.0¢ [44.8¢] Kidney Drk Red: 34.0 - 35.0¢ [46.1 - 47.5¢] Saskatchewan Farmgate Prices    Prices are FOB farm, unless noted otherwise, as of April 25, 2017. Your local rate may differ. Basis Net Per Bushel Canola: Prices under Jul at $521  Del Elevator 3 - 37 484 - 518 10.98 - 11.75  Del Elevator Fall 2017 21 - 48 447 - 474 10.14 - 10.76  Bunge (del)   Nipawin: $10.98 (Apr); $11.34 (May); $11.70 (Jul); New: $10.39 - 10.57  Nexera $12.66 - 12.84 (Apr); $12.61 - 12.95 (Jul); $11.51 - 11.89 (Fall 2017) Barley  Feed Del Elevator 119 - 150 2.60 - 3.28    FOB Farm (Depends on Vomi) 122 - 149 2.65 - 3.25   New Crop Fall 2017 (Del) 115 2.50  Malt Del Elev 161 3.50 Wheat  Feed Del Elevator 143 - 184 3.90 - 5.00   FOB Farm 164 - 184 4.45 - 5.00   New Crop 2017 118 - 133 3.20 - 3.62  Milling (Del Elevator)  CWRW #2 125 - 161 3.41 - 4.39  CWRS #1 199 - 236 5.42 - 6.41   New Crop Fall 2017 209 - 244 5.68 - 6.64  CPRS #1 128 - 160 3.49 - 4.36   New Crop Fall 2017 145 - 173 3.95 - 4.72  Durum 248 - 294 6.76 - 8.00 Flax: $12.00; $12.00 del; New Crop: $12.00; $12.00 del Oats: $1.90 - 3.00; $2.33 - 3.31 del; Fall: $2.24 - 3.08 del Lentils   Laird #1: 48 - 52¢ del; #2: 45¢; 40 - 48¢ del; X3: 24 - 40¢ del   #3: 25 - 35¢ del; Fall 2017: #1: 34 - 35¢; #2: 31 - 32¢; X3: 28¢  Eston: #1: 40 - 43¢; 37 - 55.5¢ del; #2: 35 - 38¢; 31 - 55.5¢ del; X3: 30 - 33¢   #3: 21 - 30¢ del; Fall 2017: #1: 34¢; #2: 31¢; X3: 28¢  Richlea: #1: 42 - 43¢; 44 - 50¢ del; #2: 38 - 39¢; 36 - 50¢ del; X3: 24 - 32¢ del   #3: 21 - 25¢ del  Crimson: #2+: 25¢; 22 - 26¢ del; X3: 17 - 22¢ del; #3: 13 - 19¢ del   Fall 2017: #2+: 23 - 24.5¢; 22 - 24.5¢ del Canary Seed: 20¢; 19 - 21.5¢ del; Fall 2017: 19¢; 18 - 20¢ del Sunflower: Oil: n.a.; Conf: n.a. Peas  Green: $8.00 - 8.25; $7.65 - 8.50 del; Fall 2017: $7.50 - 8.50 del  Yellow: $8.00 - 8.25; $6.70 - 8.75 del; Fall 2017: $7.00 - 7.50; $6.59 - 7.77 del  Feed Peas: $5.00 - 7.50; $3.40 - 6.60 del Chickpeas  Desi #1: 35.5 - 36¢ del; Kabuli #2: 35 - 40¢; Fall 2017:  #2: 45¢ #3: 43¢ Mustard: Yellow: 28 - 30¢; 29.5 - 31¢ del; Fall 2017: 35¢; 34 - 36¢ del  Brown: 34 - 35¢; 34 - 35¢ del; Fall 2017: 34¢; 31.5 - 35¢ del  Oriental: 28 - 30¢; 27.5 - 29¢ del; Fall 2017: 32 - 33¢; 31.5 - 33.5¢ del Alberta Farmgate Prices    Prices are FOB farm, unless noted otherwise, as of April 25, 2017. Your local rate may differ. Basis Net Per Bushel Canola: Prices under Jul at $521  Del Elevator 1 - 52 451 - 489  10.64 - 11.80   Bunge: 23 - 28 493 - 499 11.18 - 11.31  Del Elevator Fall 2017 19 - 50 445 - 476 10.09 - 10.80  Nexera  $12.28 - 12.59 (Apr); $12.63 - 12.75 (Jul); $11.48 - 11.82 (Fall 2017) Barley  Feed Del Elevator 115 - 160 2.50 - 3.48     Lethbridge 160 3.48     Vermillion 154 - 158 3.35 - 3.44     Rycroft 129 - 154 2.80 - 3.35   Fall 2017 (Del Elev) 119 - 135 2.59 - 2.95  Malt Barley Del 161 - 207 3.50 - 4.50 Wheat  Feed Del Elevator 137 - 186 3.74 - 5.06     Lethbridge 180 - 186 4.90 - 5.06     Red Deer 178 - 185 4.84 - 5.03   Fall 2017 (Del Elev) 153 - 157 4.16 - 4.27  Milling (Del Elev)   CWRW 156 - 170 4.24 - 4.64   CWRS #1 225 - 248 6.13 - 6.75    New Crop Fall 2017 229 - 249 6.22 - 6.77   CPRS #1 147 - 170 3.99 - 4.63    New Crop Fall 2017 157 - 183 4.26 - 4.98   Durum 260 - 269 7.07 - 7.31 Oats  Del Elevator 150 - 214 2.31 - 3.30   Lethbridge 150 - 180 2.31 - 2.78  Fall 2017 (Del Elev) 156 2.40 Flax: $12.00 - 12.26 del; Fall 2017: $11.00 del Lentils: Laird:#1: 48 - 52¢ del Sk; #2: 45¢; 42 - 48¢ del Sk; X3: 24 - 40¢ del Sk   #3: 20 - 35¢ del Sk; Fall 2017 #1: 34 - 35¢: #2: 31 - 32¢; X3: 28¢  Eston: #1: 40 - 43¢; 37 - 55.5¢ del Sk; #2: 35 - 38¢; 31 - 55.5¢ del Sk   X3: 30 - 33¢ del; #3: 26 - 40¢ del Sk; Fall 2017: #1: 34¢; #2: 31¢; X3: 28¢  Richlea: #1: 42 - 43¢; 44 - 50¢ del Sk; #2: 38 - 39¢; 36 - 50¢ del Sk   X3: 24 - 32¢ del Sk; #3: 21 - 25¢ del Sk  Crimson: #2+: 25¢; 24 - 26¢ del Sk; X3: 17 - 23¢ del Sk   #3: 13 - 19¢ del Sk; Fall 2017 #2+: 23 - 240¢; X3: 21 - 22¢ del Sk Canary Seed: 19 - 21.5¢ del Sk; Fall 2017: 19¢; 18 - 20¢ del Peas  Green: $8.00 - 8.25; $7.65 - 8.75 del; Fall 2017: $7.50 - 8.50 del Sk  Yellow: $8.00 - 8.25; $6.67 - 9.00 del; Fall 2017: $7.00 - 7.50  Feed: $5.01 - 5.90 del Mustard  Yellow: 30¢; 29.5 - 31¢ del Sk; Fall 2017: 35¢  Brown: 34 - 35¢; 33 - 35¢ del Sk; Fall 2017: 34¢  Oriental: 28 - 30¢; 28.5 - 30¢ del Sk; Fall 2017: 32 - 33¢ Delivered Montana Elevator - $US/bu [ $Cnd/bu in brackets ] DNS [14%]:  $4.52 - 5.36 [$6.13 - 7.27] Durum: $5.25 - 5.50 [$7.12 - 7.46] HRW [13%]:  $3.60 - 4.36 [$4.88 - 5.92]     Barley Feed:  $2.21 - 2.28 [$3.00 - 3.09] Malt: $2.88 [$3.91] Delivered Colorado Plant/Elevator - US¢/lb [ $Cdn/lb in brackets ] Pinto: 28.0¢ [38.0¢]; Kidney Light Red: 33.0¢ [44.8¢] Great Northern: 28.0¢ [38.0¢]
From the Floor Opinion derived from traders    Railroads have been pushing around the city of Winnipeg from the day CP arrived. CN's first station was built right in the center of town, blocking Broadway, the first surveyed street in western Canada.    Today, both CN and CP still run their transcontinental trains through the middle of Winnipeg. So what if it’s only a matter of building a few miles of track going around the city; their choice is to make thousands of Winnipeg commuters sit for ten minutes every second day while a 170-car train passes through.    Winnipeg has spent, and is spending, hundreds of millions of dollars on overpasses because the railroads won’t build a few miles of track around the city.    Running railroads through cities is old technology.    If the city of Winnipeg would allow commercial development on the CP and CN yards, and why wouldn’t they, both railroads would make huge money by moving out of town. Street Smart - Veena Sharma    The lower tax will improve the supply and check price rise.    Veena Sharma, secretary of the Roller Flour Millers Federation of India, on the reduction of the wheat import tax from 25% to 10%.
Back to Top Back to Top Back to Top Back to Top Back to Top . 9.60 3.90 4.00 10.80 0.06 9.20 9.40 0.89 9.20 0.51 Nov 495.30 Jul 9.65 470. 32.80 7.50 Puts 0.04 490. 500. 33.70 2.50 25.40 4.20 480. 26.10 0.01 4.00 0.31 Puts Calls 0.07 4.20 0.19 0.03 4.10 0.24 0.12 4.30 3.70 0.14 0.32 0.74 0.18 4.40 0.61 3.80 0.10 0.11 0.24 0.07 Puts Calls 9.00 0.68 0.03 9.00 0.82 0.20 3.40 0.35 0.70 0.28 3.50 0.25 3.60 0.19 0.50 0.48 0.42 0.36 0.59 0.37 0.46 10.00 0.32 9.80 Corn Options Wheat Options Jul 521.20 0.08 0.63 10.20 0.31 7.30 42.00 10.20 Canola Options Canola Options Soybean Options Soybean Options Nov 9.62 Jul 3.72 Jul 4.27 Calls Puts Calls Puts Calls Puts Calls 0.07 510. 18.20 7.00 490. 20.30 15.00 9.40 0.36 0.11 0.12 520. 12.50 11.30 500. 15.60 20.30 9.60 0.25 0.20 0.15 0.18 530. 8.50 17.30 510. 12.10 26.80 9.80 0.17 0.11 540. 5.70 24.50 520. 0.25 4.50 0.09 550. 3.90 32.70 530. 9.40 34.10 10.00 0.40 0.05 0.33 4.60 0.07 0 4.53 197 136 Low Minneapolis Grain Exchange Open 4.25 -0.17 -60321 Durum [*Futures for April 25, 2017. Change since April 11, 2017] n.c. 197 136 Jul 138.00 n.c. 4.00 Hi 0 n.c. 228.00 +5.00 0 n.c. 0 Barley May 137.00 n.c. 5.76 5.35 +0.05 215 257 257 266 215 342 0 159081 5.70 4.12 5.65 30193 +44087 215 Milling Wht May 232.00 +6.00 257 Wheat May 4.12 -0.18 Hi Int. 5.10 29542 +4466 6.08 +815 Chng* 8421 +0.06 HRS Jul 5.45 +0.09 9653 -10028 6.00 5.00 35812 5.31 Dec 4.66 -0.16 +7828 HRW Jul 91.30 Hi Low Chicago Merchantile Exchange Chng* Open 266 +237487 4.57 3.41 +3153 354.4 302.0 Close Chng* Open Chng* Contract Int. 342 0 342 263 Dec 5.60 Wheat May 5.34 Oct 264.00 +1.00 Contract Dec 3.89 -0.02 255541 Jul 3.72 Contract Open Int. +1563 2.58 1.97 +203 2.42 2.00 +4164 55.05 +2.20 92152 +10425 113.70 -1.13 85727 89.88 73.58 Dec 73.95 -1.37 1838 +218 78.51 73.69 -1.37 2488 66.33 Jun 73.71 -1.38 154592 +30089 79.89 71.54 +4905 79.65 +341 78.89 -3353 113.92 +73936 72.70 Int. Close Chng* Dec 2.20 +0.02 875 Jul 2.22 +0.02 3807 5.34 4.54 May 2.23 +0.03 1753 -1913 2.57 1.97 Dec 4.65 -0.16 66190 -149671 4.09 -0.24 50103 5.80 4.07 Jul 4.27 -0.21 315666 +132114 5.87 4.32 May -0.02 723336 3.59 -285773 3.92 3.33 21956 168676 +23614 4.23 May 3.65 -0.02 -101155 313.5 +4.2 26813 Aug 319.1 +4.7 +56454 371.0 301.4 May Jul 317.7 +4.2 198256 30.81 218730 +76737 374.0 299.7 38.76 Close 30.73 Aug 31.95 +0.53 23203 +932 38.20 Live Cattle Jun Low Chng* Kansas City Board of Trade Contract Chicago Board of Trade Soybeans Chng* Hi Low 10.88 Nov 9.62 +0.13 176686 May 9.55 +0.16 Open 63918 +5009 520 467 84502 +16004 Hi Low Jul 272.00 +1.00 +457 789 +175 n.c. 0 n.c. 9308 May 271.00 -1.00 Oct 0 n.c. n.c. n.c. Mar 502.70 Jul +18.80 +7.00 234.00 +16.10 Jan 498.80 +17.20 Soybean Canola May 521.50 513 477 517 473 +27.00 Nov 12420 Int. 541 463 -49327 537 458 495.30 Winnipeg Grain Exchange Close Chng* Chng* Contract Corn Oil Soybean Meal Jul 521.20 +26.40 Wheat Oats 72.85 73.82 183108 -1.98 27868 71.83 115.83 +2.13 112.05 Lean Hogs Aug Sep Dollar Jun Canadian Aug Close Chng* 9.37 Jul 9.65 +0.14 352014 +104144 11.13 8.85 80975 -196256 30.67 Jan 9.68 +0.13 12099 45068 -93459 38.61 May 31.58 8.96 +3426 10.42 9.13 +16448 10.32 +0.51 Jul 31.85 +0.54