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Old Crop Durum Up; All Else Down
WINNIPEG - May 23/02 - STAT -- The Canadian Wheat Board (CWB) boosted its current crop pool return estimate for durum wheat, but lowered values for all other products in both the 2001-02 and 2002-03 outlooks released today.
For the current market year, wheat values, depending on class and grade, range from CDN $3 to $6 per metric ton (MT) lower compared to the March outlook for 2001-02. Projected durum values are $5 to $8 MT higher. Feed barley values decreased by $3 MT, while designated barley values fell by $1 MT.
For the 2002-03 outlook, wheat values are $6 to $7 MT lower compared to the April outlook for 2002-03. Durum values are $2 MT lower. Feed barley values decreased by $10 MT, while designated barley values fell by $4 MT.
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