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New Crop Birdseed Markets Lift to Premium
VANCOUVER - Apr 14/06 - SNS -- Spot markets for North American birdseed ingredients were little changed on the week, but new crop markets continue to show some firmness.
The realization new crop area for most products will be down over last year has helped lift new crop values to a premium to spot on both inter-dealer and grower markets.
This is most obvious in sunflower markets in the United States where new crop NuSun oilseed sunflower seeds are holding a U.S. $1.50 to $2 per 100 pound (cwt) premium to spot.
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