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Birdseeds Pulled Down by Sunflower

VANCOUVER - Jul 12/09 - SNS -- Birdseed ingredient markets finished the week unchanged to easier in seasonally light trading interest.

Sunflower seed markets in the United States were the weakest, with oil-type declining on the week against expectations of a massive vegetable oil crop in the world.

On the other hand, some oilseed market participants believe that oil needs to return a relatively higher value than protein meal in the coming year. This would give oil-type sunflower a relatively better value than protein rich soybeans.


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