STAT Communications Ag Market News

Mustard Markets Mixed

PANAMA - Jun 1/19 - SNS -- Mustard markets finished the week's trading on a mixed note as processors and exporters adjust pricing to reflect expected fundamentals for individual classes.

Bids for farmers dressed oriental mustards seed managed to advance 4% on the week, while yellow and brown were unchanged in Canadian dollars but down 1% in U.S. dollars.

Seeding of this year's crop is making excellent progress because of dry field conditions, with 94% of the crop planted in Saskatchewan as of May 27, compared to 92% at this time last year and the recent five year average of 81%.

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