Birdseeds Drift Lower
PANAMA - Sep 25/16 - SNS -- Birdseed ingredient markets finished the past week unchanged to easier in relatively light trade.
Harvest is advancing in both the United States and Canada. This was noted by the U.S. based National Sunflower Association, which said, "Harvest of the US sunflower crop has just gotten started.
"Initial yield reports are positive and quality is generally very good. Sunflower harvest started sooner this year as many acres were desiccated. Most of the US crop is rated in the good to excellent categories so yields and quality are expected to be above average.
"Depending on the size of 2016 crop, seed prices could drift lower as harvest deliveries arrive at plants and farmers pick up the selling pace in the next couple of months. After the initial harvest delivery period prices will follow demand news."
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