Canada is aggressive in sales, soft 322 euro durum wheat in Foggia

The threat, while difficult to realize, directly affects the durum wheat market as the US has historically imported between 12 and 37% of Canada's durum wheat crop, with an average of 25%. In the small (for now) case that the threat materializes, then the entire grain supply will be affected, which essentially means that the country will seek to reduce the hashura by exporting cheaply to Europe and Asia, which by definition can due to large tonnage. After all, 25% of an average Canadian production equates to about 1.2 million tons of durum wheat, an amount close to 10% of the world harvest, but of low quality. Beyond that, from the second half of November Canada anyway started to speed up its sales, sending a ship to North Africa for the first time, while actively participating in government tenders. Most recently, Tunisia bought 100,000 tonnes of quality crude for December-January delivery at $348.71-$349.49 per metric ton CIF, or €330-331 per ton CIF. The Canadian Viterra closed ...