The last few days of 2021 were bitterly cold, as were the first couple days of 2022, but that didn’t matter to the durum market as prices remained steady with the higher values near USD 16. On a positive note, the US domestic durum market had also been holding steady even as other wheat markets saw prices erode by about 30-50 cents a bushel. Looking at the National Durum Index, which is a range of values across the two-state region (North Dakota and Montana), as of late December the price was at 15.40 USD a bushel, which was down marginally from the mid-November price of 15.70 USD. Major buyers of U.S. durum were Italy, Spain, Japan, Guatemala and Panama.
Procurement Resource provides latest prices of Durum Wheat. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Durum Wheat for several regions around the globe, which are as follows:
Durum Wheat, also known as pasta wheat or macaroni wheat (Triticum durum or Triticum turgidum subsp. durum) is basically a tetraploid species of wheat. It is the hardest of all wheat species. It was produced and developed via artificial selection of the domesticated emmer wheat strains, which were grown in Central Europe and the Near East during the ancient time. It is known to be the second most cultivated species of wheat after common wheat, although it represents only 5% to 8% share in the global wheat production. It is milled and the endosperm is ground into a fine product called semolina, which is used for premium pastas and breads.
Durum Wheat is cultivated in favourable climatic conditions, followed by its harvesting. It is subject to four processes, that are, cleaning, tempering, milling and purifying, before its commercial use in the industry.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).