CNS Canada – For farmers able to nurse their durum across the finish line this harvest, prices in the winter could make it worth their while. Withering heat and dry conditions have taken a toll on durum yields, especially in southern regions of the Prairies, but analysts like John Duvenaud of the Wild Oats Grain […] Read more
Tag Archives durum wheat — page 7
Durum forecasters predict steady and strong market
Lower North American durum acres keep attention on yields
CNS Canada — North America’s smaller durum acreage base in 2017 could give prices a boost later in the growing season, depending on how yields shape up for the new crop, according to a U.S. analyst. Disease issues in 2016 and better projected returns for other crops in 2017 are expected to lead to a […] Read more
Durum lacks momentum ahead of competing harvests
CNS Canada — Canadian durum prices are at a standstill as the market looks to upcoming production, while domestic crops act as a “wild card,” one Winnipeg-based analyst says. “The durum market is certainly quiet right now. We’re kind of in that period where we’re in a lull,” said Jerry Klassen, manager of the Canadian […] Read more
Durum acres to decline in 2017
CNS Canada –– Canadian farmers are sitting on large stocks of poor-quality durum, which should cut into acres seeded to the crop this spring. Durum stocks in the country, as of Dec. 31, 2016, came in at 6.9 million tonnes, marking a new record for that date, according to Statistics Canada data going back to […] Read more
Rising durum bids topping out in Western Canada
CNS Canada — Durum bids in Western Canada posted solid gains over the past two months, with concerns over the quality of the crop behind much of the strength. Prices are showing signs of topping out, though — and the highs may be in for now. Spot durum bids in southern Saskatchewan, where the bulk […] Read more
Quality Canadian durum may be in short supply
CNS Canada — Quality issues with the Canadian durum crop currently being harvested should see the price spreads between top- and low-end grain widen considerably, especially as the carryout from the previous year is also poor quality. Canadian durum stocks, as of July 31, were pegged at 1.1 million tonnes by Statistics Canada in a […] Read more
More durum may come to those who wait
CNS Canada –– Cool, wet weather may have slowed crop development and delayed harvest, but durum is determined to be worth the wait with above-average yields. “We’re looking at some fairly high yields given the early estimates… average yields should come in at 47.5 to 48 bushels per acre this year,” said Jerry Klassen, manager […] Read more
Rising durum acres offset by declining spring wheat
CNS Canada –– Increased durum acres in Canada may limit the upside potential as far as prices are concerned, but smaller spring wheat plantings will also limit the downside, according to a durum trader. Statistics Canada on Thursday pegged intended durum acres at 6.12 million acres, which would be up from 5.82 million in 2015. […] Read more
Prairie durum prices rising as farmers aren’t selling
CNS Canada — Prices for durum in the Prairie cash market have been on the rise recently, but there are very few actual transactions being made as farmers aren’t selling. “The companies know that, generally speaking, farmers aren’t in the mood to sell, so they’re probably trying to maybe encourage deliveries of last year’s durum, […] Read more
Cyber-Savvy Farmer
