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G3 Canada Widens PRO Protein Spreads

Winnipeg, MB, Nov. 10, 2017 (CNS Canada), Nov 10, 2017 (Commodity News Service Canada, Inc. via COMTEX) --

Projected prices for higher protein Canada Western Red Spring (CWRS) wheat marketed through G3 Canada's annual pools were revised up in the company's latest report, while the lower protein wheats saw their Pool Return Outlooks (PROs) drop sharply. The adjustments to the grade and protein spreads were said to better reflect the current market.

The PROs for durum were down across the board from the late-October forecast.

G3 PRO (per tonne) In store Vancouver or Thunder Bay

Annual Pool

Wheat            9-Nov     26-Oct
1 CWRS 14.5     304.00     290.00
1 CWRS 14.0     293.00     286.00
1 CWRS 13.5     284.00     282.00
1 CWRS 13.0     273.00     275.00
1 CWRS 12.5     258.00     268.00
1 CWRS 12.0     241.00     261.00
1 CWRS 11.5     225.00     254.00
2 CWRS 14.5     302.00     289.00
2 CWRS 14.0     291.00     284.00
2 CWRS 13.5     282.00     280.00
2 CWRS 13.0     271.00     273.00
2 CWRS 12.5     256.00     266.00
2 CWRS 12.0     240.00     259.00
2 CWRS 11.5     223.00     252.00
3 CWRS 13.0     267.00     269.00
3 CWRS 12.5     253.00     262.00
3 CWRS 12.0     238.00     255.00
3 CWRS 11.5     223.00     248.00
Durum
1 CWAD 13.0     309.00     316.00
1 CWAD 12.5     308.00     315.00
1 CWAD 11.5     306.00     313.00
1 CWAD          304.00     311.00
2 CWAD 13.0     299.00     306.00
2 CWAD 12.5     298.00     305.00
2 CWAD 11.5     296.00     303.00
2 CWAD          294.00     301.00
3 CWAD 13.0     280.00     287.00
3 CWAD 11.5     275.00     282.00
3 CWAD          271.00     278.00

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