To all CWB supporters here is latest from USA
U.S. Durum market explosive as prices jump higher: With some local bids for durum jumping to as high as USD$7.90 per bushel, Jim Peterson, Marketing Director for the ND Wheat Commission, said the word explosive best sums up what has been happening to the durum market over the past week to 10 days. As you drift away from that northwest corner, some of the bids drop back to a range of $7 to $7.40, but on an overall average, I would say we are probably close to $7.70 for top end milling quality durum across the state as of July 11. A week to 10 days ago, top durum was averaging $6.40 a bushel in a lot of locations.” (F&R)
U.S. Spring Wheat: Concerns over the wheat harvest in the U.S. coupled with steady export demand have continued to give strength to the wheat market over the last couple of weeks. As of July 12, Peterson estimates the average cash price for wheat across North Dakota is around $5.70 a bushel, with a range from $5.50 to $5.90. “The next week or so will be the period we need to watch though. We are probably going to see some scab, but hopefully it won't be severe,” she said. Peterson doesn't expect the spring wheat harvest in the state to start for another two to three weeks. Once the harvest does start, she expects to see a larger than normal portion of that crop being taken to the elevator directly from the combine. “Because the prices are so high right now, many producers contracted ahead of time so they could get these high harvest-time prices,” she noted. “Right now everyone is keeping their fingers crossed and hoping for a good crop.” (F&R)
But here in canada the initial will probably be 2.40 bushel for wheat 2.25 durum after freight and we sit and wait and wait and wait.
Really getting sick of this stupid game here.
U.S. Durum market explosive as prices jump higher: With some local bids for durum jumping to as high as USD$7.90 per bushel, Jim Peterson, Marketing Director for the ND Wheat Commission, said the word explosive best sums up what has been happening to the durum market over the past week to 10 days. As you drift away from that northwest corner, some of the bids drop back to a range of $7 to $7.40, but on an overall average, I would say we are probably close to $7.70 for top end milling quality durum across the state as of July 11. A week to 10 days ago, top durum was averaging $6.40 a bushel in a lot of locations.” (F&R)
U.S. Spring Wheat: Concerns over the wheat harvest in the U.S. coupled with steady export demand have continued to give strength to the wheat market over the last couple of weeks. As of July 12, Peterson estimates the average cash price for wheat across North Dakota is around $5.70 a bushel, with a range from $5.50 to $5.90. “The next week or so will be the period we need to watch though. We are probably going to see some scab, but hopefully it won't be severe,” she said. Peterson doesn't expect the spring wheat harvest in the state to start for another two to three weeks. Once the harvest does start, she expects to see a larger than normal portion of that crop being taken to the elevator directly from the combine. “Because the prices are so high right now, many producers contracted ahead of time so they could get these high harvest-time prices,” she noted. “Right now everyone is keeping their fingers crossed and hoping for a good crop.” (F&R)
But here in canada the initial will probably be 2.40 bushel for wheat 2.25 durum after freight and we sit and wait and wait and wait.
Really getting sick of this stupid game here.
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