Mixed Week in Birdseeds

VANCOUVER - Mar 1/13 - SNS -- Birdseed ingredient markets finished the week's trading on a mixed note, with sunflower easing, millet rising and canaryseed unchanged.

White proso millet markets in the United States established new record highs on the both grower and inter-dealer markets during the week. By contrast, oil-type sunflower eased in sympathy with the oilseed complex.

On the other hands, confectionary and Canadian canaryseed markets were unchanged as offers from growers stayed in close alignment with the short term needs of the market.

The next market moving event for the complex will likely be the USDA's seeding intentions estimates at the end of March and Statistics Canada's seeding intentiuons estimates on April 24.

Argentine Popcorn Price Update

The average price of popcorn shipped from Argentina for the first half of February was U.S. $ 939.15 MT FOB Buenos Aires for expansion rate 38/40 packed in paper bags, according to CAMPI (Camara de Maiz Pisingallo). This average value is not normally the same as current trading levels because it relates to business done at various times in the past.

CAMPI also reports that the average trading price on new contracts reported to it by member companies during December was $979.29 MT FOB Buenos Aires for expansion rate 38/40 packed in paper bags. It is important to note that new contracts reported to CAMPI are for shipment at various times in the future.