GFM Network News

Nothing to write home about but durum is getting second looks

This could be a year when half bad looks pretty decent, and that’s why durum is getting some attention

Pulse acres are expected to drop this year, and while many are predicting a corresponding rise in canola acres, another crop is drumming up some interest among producers. “I’ll be interested to see what happens this year with the possible decrease in pulses that could happen in Canada due to all the tariffs,” said Keldon […] Read more

Steady to lower durum market expected

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

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

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

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

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

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

Demand for North American durum now a balancing act

CNS Canada — North American durum prices are teetering on an edge and could tip higher or lower as the balance between producer selling and demand fluctuates, one U.S. analyst says. Canada’s production came in lower than expected due to drought during the growing season, which propped up durum prices, despite wheat’s global supply glut. […] Read more