Reading Time: 2 minutes Klassen estimated that six million acres of durum wheat were seeded this year across Canada with expected production at approximately 7.5 million tonnes. In Agriculture and Agri-Food Canada’s (AAFC) monthly principal field crops outlook released on June 20, the agency estimated 6.343 million acres with production at 5.655 million tonnes. Statistics Canada (StatCan) will release their latest acreage estimates on June 27.
Durum wheat prices expected to decline: analyst
Prairie wheat bids mixed as choppy futures trend lower
Wheat futures tested fresh contract lows
Reading Time: 2 minutes Spring wheat bids in Western Canada were mixed during the week ended Feb. 23 as choppy activity in the United States futures spilled into the cash market.
Prairie cash wheat: durum soars as red spring falls back
Steep increases following Russian attacks on Ukrainian ports were gone by mid-week
Reading Time: 2 minutes MarketsFarm – There were sharp increases in durum across Western Canada for the week ended July 27, while spring wheat incurred small to moderate declines. There were gains in Minneapolis spring wheat, while Kansas City and Chicago winter wheat contracts slipped back. At the beginning of the week there were steep increases for wheat as […] Read more
Durum market holds steady despite spring wheat swings
Reading Time: 2 minutes MarketsFarm — Durum bids in Western Canada are holding relatively steady, with prices only seeing small moves over the past month despite larger swings in spring wheat. Durum prices in southern Saskatchewan have traded in the $235-$243 per tonne area over the past month, a relatively narrow $8 trading range compared to Canada Western Red […] Read more
Steady to lower durum market expected
Reading Time: 3 minutes CNS Canada — Larger-than-expected production, a seasonal slowdown in demand and looming Italian country-of-origin-labeling regulations all loom over the Canadian durum market, with steady to lower prices anticipated over the next few months. Italian COOL regulations are set to come into effect in mid-February and require pasta makers in the country to segregate foreign durum, […] Read more
More durum may come to those who wait
Reading Time: 2 minutes 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
Canada’s durum market share seen dropping
Reading Time: < 1 minute CNS Canada –– Global durum values are moving lower as producers in Europe and the U.S. start selling — and leaving Canada out of the market, one analyst says. “The only one that’s not selling aggressively is Canada, and we’re losing market share, big time,” said Jerry Klassen, manager of the Canadian office for Swiss-based […] Read more
Durum strays from typical patterns ahead of new crop
Reading Time: < 1 minute CNS Canada — The durum market has moved off from its normal patterns heading into summer, one market analyst says, while exports are trending lower on the year. “It’s a very unique situation because we’ve got bigger crops coming,” said Jerry Klassen, manager of the Canadian office for Swiss-based GAP SA Grains and Produits. France, […] Read more
Durum prices sluggish ahead of upcoming harvests
Reading Time: 2 minutes CNS Canada — Canada’s durum prices are losing their premium over other wheat markets, but staying relatively static, despite hearty harvests and lagging demand, one analyst said. “I think what will drive the durum market here now is the overall wheat complex,” said Jerry Klassen, manager of the Canadian office for Swiss-based grain trader GAP […] Read more
Heavy producer selling pressures durum
Reading Time: 2 minutes CNS Canada –– Canadian durum prices are being pressured by heavy producer deliveries, according to one analyst, while demand is lagging last year’s pace. The durum market is being weighed on by larger-than-expected producer deliveries throughout January, said Jerry Klassen, manager of the Canadian office for Swiss-based grain trader GAP SA Grains and Produits. “I […] Read more
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