Jon Meyer reflects on the Durum Summit 2023
Jonathon Meyer is a Grain Merchandiser for Purely Canada Foods and we caught up with him recently to talk about durum acres, prices and the outlook of that commodity for farmers.
Reports out of the Durum Summit have global supply and demand fairly balanced. “I think seeded acres will stick around that 6 million mark, similar to last year” Meyer stated. He also mentioned that the price of spring wheat and durum have come within a dollar per bushel and that would cause a few fringe areas to switch back to wheat.
G-Mac's shifts ownership
G-Mac's AgTeam is an Agronomy and Crop Inputs company with 15 Saskatchewan locations.
Supply chain trouble for grain industry
Prairie farmers produced a large crop this past year. We are quite aware of some dry spots in West Central Saskatchewan, but Western Canada in general had a big harvest. All that extra grain may cause supply chain problems, it certainly has caused problems in the past.
Grain movement will go on as scheduled
More than 750 signal and communications employees at CN rail are on strike. The International brotherhood of electrical workers walked out recently, and federal mediation has ended. Grain movement may not be affected according to David Nobbs, Director of Special Crop Trading at Purely Canada.