Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Fri Nov 22, 2013 04:32 PM CST

One of the speakers at the recent International Durum Forum in Minot, N.D. summed up the durum market by suggesting that as a trader, if the phone rings and the customer is calling you, the price is going up. If you are forced to call the customer for sales, expect the opposite. It seems obvious who is calling who these days.

The attached chart shows a longer-term perspective of durum prices as determined by the trends in DTN's National Durum Index. Since hitting a low of $3.29/bu. on June 9 2010 and rallying to a high of $14.83/bu. a year ...

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