Drought Boosts Birdseed Values
PANAMA - Jul 23/17 - SNS -- North American birdseed ingredient markets continued to advance during the past week in the face of deepening concerns about the impact of hot and dry weather on yields in key growing areas in Canada and the United States.
Grower bids for white proso millet and Canadian canaryseed advanced in both spot and new crop shipping positions, which was reflected in inter-dealer asking prices.
Discussing the situation in the United States, that country's National Sunflower Association (NSA) said, "Drought is maintaining its grip on the Northern Plains states with no relief in sight. In the past week, a larger area of the US sunflower production region has slid into a moderate to severe drought situation with some areas now considered in exceptional drought conditions, the highest category."
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