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Grower Selling In Birdseeds
VANCOUVER - Jun 27/09 - SNS -- Birdseed ingredient markets finished the week's trading unchanged to slightly easier against a modest improvement in grower selling activity.
This was most evident in western Canada, where growers seem to have been encouraged by recent rainfall and tried to take advantage of spot market opportunities to clear space in bins.
Markets remain uneasy about crop prospects, but fear is not as much a factor in markets as it was 10 days ago. However, if forecasts for hot and dry weather prove true, it would not surprising to see fear return as the dominant emotion among end users, processors and exporters.
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