NEWS
Canada Markets
Cliff Jamieson Canadian Grains Analyst
Tue Jun 10, 2014 04:18 PM CDT

The durum market has come to life in recent weeks after trading range-bound since August 2013. The attached chart indicates price movement of the National Durum Index which represents an index of elevator bids in the northern U.S. States.

The high for the range traded since last August was $6.88 per bushel, reached the week of Oct. 21, which was followed by a weekly low of $6.59/bu. the week of April 7 to largely define the trading range for nine months. The upper boundary of the range was tested the weeks of May 12 and May 19, with the close ...

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