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Agriculture and Agri-Food Canada Bi-weekly Bulletin: Durum wheat - 2007-2008 situation and outlook

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Ottawa, Canada
December 7, 2007

Agriculture and Agri-Food Canada Bi-weekly Bulletin
December 5, 2007 Volume 20 Number 18

Durum wheat: 2007-2008 situation and outlook

The price of durum wheat has risen substantially in 2007-2008 due to tight supplies in the major durum exporting countries (Canada, the European Union (EU), and the US) and carry-out stocks are expected to fall to the lowest level since 1997-1998. However, in Canada, the exportable supply is relatively high which has increased the demand for Canadian durum and led to record high CWB pooled returns. The premium for durum relative to non-durum is expected to reach a record level. This issue of the Bi-weekly Bulletin examines the situation and outlook for durum wheat.

Full report: http://www.seedquest.com/News/releases/2007/pdf/21158.pdf

 

 

 

 

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