Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Fri Apr 11, 2014 03:13 PM CDT

Steady as she goes may be the only way to describe the current durum market. DTN's National Durum Index, created from daily price data from the northern states, has ranged from a low of $6.59 per bushel to a high of $6.88/bu since Sept. 1, with the average at $6.74/bu. The low of $6.59/bu was reached earlier this week, although the index has popped up nearly a dime since.

The durum market has disappointed in 2014, failing to participate in the rally that saw spring wheat move from a low of $5.94 1/2/bu (May future) to a high of $7.70/bu. ...

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