Winnipeg — The Canadian durum crop is seeing a wide range in both crop quality and prices, according to an industry participant.
“It looks like the prices are quite volatile,” said Jerry Klassen, the manager of GAP SA Grains & Produits in Winnipeg.
“They are quite variable between $7 per bushel to $8.50 per bushel.”
Klassen said the wide price range comes with volatile export values and depends on where the grain is being shipped.
“We have good demand out of Vancouver, good demand out of Thunder Bay,” said Klassen. “And the U.S. has not bad yields, but their crop is going to be smaller than last year, and they have lower acreage so there are some problems there.”
He said the wide range of weather conditions in Western Canada have results in variable crops conditions here as well.
