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No premium for high protein Durum

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    No premium for high protein Durum

    Most years there is a big premium for high protein Durum.
    This year our Durum is 14-16% protein and there is no premium.
    At our local terminal.
    If it's under 11.5% there is a discount. 11.5 and over the price is the same.

    #2
    Blending opportunities for industry.

    Comment


      #3
      So there is a premium over 11.5% then, lol

      Comment


        #4
        because they can

        Comment


          #5
          I would shop it out in the US.

          Comment


            #6
            I think we found the rats from sumdum's post, in the buyers, grader offices...

            Comment


              #7
              But the system is working really good. Too funny!
              Vote conservative! That last line just for braveht! Lol

              Comment


                #8
                Thanks Riders. Last election I voted for the Green Party because the Conservative incumbant was a dick! Now he's President of Omnitrax.

                But re Durum I heard some harvest reports from North Dakota that stated yields and quality of durum was excellent and that px premiums had eroded. So if there's an abundance what do you do? Store till next year? Suck it up and say that's all there is, just market reality?

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                  #9
                  There's no premium because everybody has high protein. Why would they pay for it?

                  No way I hold until next year with prices between $9-$10 now.

                  Comment


                    #10
                    With $9 durum and $6 spring wheat what will get seeded next year? I knew a guy who used to seed durum at Melfort back in the 90 s so there is maybe 10 million acres that can switch for next year.

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