Reading Time: 2 minutes Winnipeg | Reuters — Canadian farmers intend to plant seven per cent fewer acres of canola this spring compared with a year earlier, even less than expected by analysts and traders, as a dispute with China hampers demand, a government report showed on Wednesday. China and Canada are locked in a diplomatic and trade dispute […] Read more
Canadian farmers to reduce canola plantings by seven per cent
Durum markets rattled as harvest set to start
Reading Time: 3 minutes CNS Canada — With the durum wheat harvest rapidly approaching in Western Canada, many analysts wonder how the dry conditions and extreme heat will affect yields. Yet there is one aspect about this year’s crop they already know. Increased seeded acreage this spring, and market access problems hindering longer-term durum sales, mean farmers might want […] 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
Durum forecasters predict steady and strong market
Reading Time: 3 minutes 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
Lower North American durum acres keep attention on yields
Reading Time: 2 minutes 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
Reading Time: < 1 minute 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
Reading Time: < 1 minute 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
Reading Time: 2 minutes 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
Reading Time: < 1 minute 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
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
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