NEWS
Fri May 29, 2015 06:42 AM CDT

WINNIPEG (Dow Jones) -- CWB pool return outlook price indications for canola and durum were raised for 2015-16 (August-July), while wheat remained unchanged, according to the company's latest projections.

CWB, formerly known as the Canadian Wheat Board, raised PROs for canola by $10 per metric ton because of a rising futures market. Less than ideal weather conditions because of dryness in some regions are slowing early development of the Canadian crop. There has also been some reseeding of the crop due to recent frost events, which may lead some producers to seed other crops in place of damaged canola, according ...

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