The June Pool Return Outlook from the Canadian Wheat Board has been released, and its showing very sharp increases in durum values for the upcoming crop year.
Market Analyst, Neil Townsend says the 2011-12 PRO for better quality durum increased by about 75 dollars a tonne from the May PRO, thats basically a result of the fact the weather is non cooperative in major durum regions both in Canada and US.
Townsend adds 2011-12 wheat values ranged from down seven dollars to up two dollars per tonne, and barley is unchanged.
Market Analyst, Neil Townsend says the 2011-12 PRO for better quality durum increased by about 75 dollars a tonne from the May PRO, thats basically a result of the fact the weather is non cooperative in major durum regions both in Canada and US.
Townsend adds 2011-12 wheat values ranged from down seven dollars to up two dollars per tonne, and barley is unchanged.
Mon, Jun 24, 12:05 PM
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