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Durum maybe is the sleeper!

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    Durum maybe is the sleeper!

    Moroccan Drought May Support Canadian
    Durum Prospects
    Drought concerns in Spain and Morocco
    could bode well for Canadian durum
    exports, as the two Mediterranean
    countries are both major producers of
    the crop.
    Dryness in Morocco has been building
    since Dec. It continues to build.
    Nearby Algeria and Tunisia have seen
    adequate moisture for their durum crops,
    but expectations for Morocco’s durum
    crop have declined considerably

    #2
    Agree . . . durum prices could go to a
    more traditional premium over red spring.

    Also, think that oats may be a sleeper as
    well. Bullish market reaction may take a
    few months though.

    Comment


      #3
      Errol guys in our area are getting tired
      of the BS by grain companies with such low
      bids over and over. It seems they keep
      them low and guys every once in a while
      need to clean up a pile or bin and unload
      a little. Thus keeping the pipeline full.
      Talk in our area if it is a early spring
      Virtually no oats.

      Comment


        #4
        Some products really seem undervalued to
        me. Malt barley, milling oats and durum.
        Edible pea values remain on the low side
        of the human protein market.

        But durum and oats are my personal
        favorites for a possible sizable price
        recovery in the months ahead.

        Comment

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